SEHK:1185

Stock Analysis Report

China Energine International (Holdings)

Executive Summary

China Energine International (Holdings) Limited, an investment holding company, manufactures, distributes, and sells wind energy related products in the People’s Republic of China, Hong Kong, and internationally.

Snowflake

Fundamentals

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has China Energine International (Holdings)'s share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0.7%

1185

-2.2%

HK Electrical

0.3%

HK Market


1 Year Return

-22.1%

1185

-33.5%

HK Electrical

-1.5%

HK Market

Return vs Industry: 1185 exceeded the Hong Kong Electrical industry which returned -33.5% over the past year.

Return vs Market: 1185 underperformed the Hong Kong Market which returned -1.5% over the past year.


Shareholder returns

1185IndustryMarket
7 Day0.7%-2.2%0.3%
30 Day6.5%-5.2%0.5%
90 Day-11.9%-12.6%-4.4%
1 Year-22.1%-22.1%-32.6%-33.5%2.1%-1.5%
3 Year-76.1%-76.1%-48.6%-50.5%14.7%3.2%
5 Year-85.1%-85.2%-43.5%-46.7%21.5%1.2%

Price Volatility Vs. Market

How volatile is China Energine International (Holdings)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Energine International (Holdings) undervalued compared to its fair value and its price relative to the market?

1.46x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1185's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1185's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1185 is unprofitable, so we can't compare its PE Ratio to the Electrical industry average.

PE vs Market: 1185 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1185's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1185 is overvalued based on its PB Ratio (1.5x) compared to the HK Electrical industry average (0.6x).


Next Steps

Future Growth

How is China Energine International (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.5%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as China Energine International (Holdings) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has China Energine International (Holdings) performed over the past 5 years?

-82.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 1185 is unprofitable, and losses have increased over the past 5 years at a rate of -82% per year.

Accelerating Growth: Unable to compare 1185's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1185 is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (8%).


Return on Equity

High ROE: 1185 has a negative Return on Equity (-267.45%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 1185 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 1185 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is China Energine International (Holdings)'s financial position?


Financial Position Analysis

Short Term Liabilities: 1185's short term assets (HK$2.3B) exceeds its short term liabilities (HK$1.8B)

Long Term Liabilities: 1185's short term assets (2.3B) exceeds its long term liabilities (1.7B)


Debt to Equity History and Analysis

Debt Level: 1185's debt to equity ratio (355.7%) is considered high

Reducing Debt: 1185's debt to equity ratio has increased from 92.7% to 355.7% over the past 5 years.


Balance Sheet

Inventory Level: 1185 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 1185's debt is covered by short term assets (assets are 1.286660x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 1185 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 1185 has less than a year of cash runway if free cash flow continues to reduce at historical rates of -8.4% each year


Next Steps

Dividend

What is China Energine International (Holdings)'s current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.3%markettop25%6.3%industryaverage2.5%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 1185's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1185's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 1185's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1185's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1185 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1185's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

What is the CEO of China Energine International (Holdings)'s salary, the management and board of directors tenure and is there insider trading?

4.6yrs

Average management tenure


CEO

Guang Li (56yo)

7.6yrs

Tenure

HK$1,222,000

Compensation

Mr. Guang Li serves as the Chief of Business and Investment Department of CALT. Mr. Li serves as the Chief Executive Officer at China Energine International Holdings Limited (formerly, Casil Telecommunicat ...


CEO Compensation Analysis

Compensation vs. Market: Guang's total compensation ($USD155.80K) is about average for companies of similar size in the Hong Kong market ($USD216.38K).

Compensation vs Earnings: Guang's compensation has been consistent with company performance over the past year.


Management Age and Tenure

4.6yrs

Average Tenure

55yo

Average Age

Experienced Management: 1185's management team is considered experienced (4.6 years average tenure).


Board Age and Tenure

6.3yrs

Average Tenure

55.5yo

Average Age

Experienced Board: 1185's board of directors are considered experienced (6.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Guang Li (56yo)

    CEO & Executive Director

    • Tenure: 7.6yrs
    • Compensation: HK$1.22m
  • Jianhua Zhang (58yo)

    Chairman Assistant

    • Tenure: 4.3yrs
  • Jun Xu (50yo)

    Financial Controller & Executive Director

    • Tenure: 4.9yrs
    • Compensation: HK$981.00k
  • Xiaowei Liu (54yo)

    Executive Chairman

    • Tenure: 1.6yrs
    • Compensation: HK$1.22m
  • Ngai Yu

    Company Secretary

    • Tenure: 0.6yrs

Board Members

  • Ng Gordon (55yo)

    Independent Non-Executive Director

    • Tenure: 11.8yrs
    • Compensation: HK$175.00k
  • Alice Kan (64yo)

    Independent Non-Executive Director

    • Tenure: 11.8yrs
    • Compensation: HK$175.00k
  • Guang Li (56yo)

    CEO & Executive Director

    • Tenure: 7.6yrs
    • Compensation: HK$1.22m
  • Jun Xu (50yo)

    Financial Controller & Executive Director

    • Tenure: 4.9yrs
    • Compensation: HK$981.00k
  • Dapeng Li (63yo)

    Independent Non-Executive Director

    • Tenure: 3.9yrs
    • Compensation: HK$175.00k
  • Xiaowei Liu (54yo)

    Executive Chairman

    • Tenure: 1.6yrs
    • Compensation: HK$1.22m

Company Information

China Energine International (Holdings) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Energine International (Holdings) Limited
  • Ticker: 1185
  • Exchange: SEHK
  • Founded: 1997
  • Industry: Heavy Electrical Equipment
  • Sector: Capital Goods
  • Market Cap: HK$646.611m
  • Shares outstanding: 4.37b
  • Website: https://www.energine.hk

Number of Employees


Location

  • China Energine International (Holdings) Limited
  • Central Plaza
  • 47th Floor
  • Wanchai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1185SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDAug 1997
CT1DB (Deutsche Boerse AG)YesOrdinary SharesDEEURAug 1997

Biography

China Energine International (Holdings) Limited, an investment holding company, manufactures, distributes, and sells wind energy related products in the People’s Republic of China, Hong Kong, and internati ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 12:36
End of Day Share Price2019/10/22 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.