Snowflake Score | |
---|---|
Valuation | 2/6 |
Future Growth | 0/6 |
Past Performance | 3/6 |
Financial Health | 2/6 |
Dividends | 3/6 |
1271 Stock Overview
Grand Ming Group Holdings Limited, an investment holding company, engages in the building construction, property leasing, and property development businesses in Hong Kong.
Rewards
Risk Analysis
+ 1 more risk
Grand Ming Group Holdings Competitors
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Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | HK$7.73 |
52 Week High | HK$8.30 |
52 Week Low | HK$7.40 |
Beta | 0.27 |
1 Month Change | -3.25% |
3 Month Change | 3.34% |
1 Year Change | -3.01% |
3 Year Change | 226.16% |
5 Year Change | 227.67% |
Change since IPO | 2,389.87% |
Recent News & Updates
Shareholder Returns
1271 | HK Construction | HK Market | |
---|---|---|---|
7D | 1.0% | -1.1% | 1.2% |
1Y | -3.0% | 2.0% | -23.3% |
Return vs Industry: 1271 underperformed the Hong Kong Construction industry which returned 2% over the past year.
Return vs Market: 1271 exceeded the Hong Kong Market which returned -23.3% over the past year.
Price Volatility
1271 volatility | |
---|---|
1271 Average Weekly Movement | 2.2% |
Construction Industry Average Movement | 7.0% |
Market Average Movement | 7.0% |
10% most volatile stocks in HK Market | 13.7% |
10% least volatile stocks in HK Market | 3.3% |
Stable Share Price: 1271 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 1271's weekly volatility (2%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
1995 | 185 | Chi Wah Lau | https://www.grandming.com.hk |
Grand Ming Group Holdings Limited, an investment holding company, engages in the building construction, property leasing, and property development businesses in Hong Kong. The Construction segment constructs residential and commercial buildings, as well as data centers. The Property Leasing segment is involved in leasing data centers.
Grand Ming Group Holdings Fundamentals Summary
1271 fundamental statistics | |
---|---|
Market Cap | HK$10.97b |
Earnings (TTM) | HK$148.05m |
Revenue (TTM) | HK$1.29b |
74.1x
P/E Ratio8.5x
P/S RatioIs 1271 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
1271 income statement (TTM) | |
---|---|
Revenue | HK$1.29b |
Cost of Revenue | HK$1.05b |
Gross Profit | HK$242.21m |
Other Expenses | HK$94.16m |
Earnings | HK$148.05m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
Earnings per share (EPS) | 0.10 |
Gross Margin | 18.74% |
Net Profit Margin | 11.46% |
Debt/Equity Ratio | 180.7% |
How did 1271 perform over the long term?
See historical performance and comparisonDividends
3.6%
Current Dividend Yield77%
Payout RatioValuation
Is 1271 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 1271?
Other financial metrics that can be useful for relative valuation.
What is 1271's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | HK$10.97b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 11.4x |
Enterprise Value/EBITDA | 74.2x |
PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does 1271's PE Ratio compare to its peers?
1271 PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 20.4x |
Price-To-Earnings vs Peers: 1271 is expensive based on its Price-To-Earnings Ratio (74.1x) compared to the peer average (20.4x).
Price to Earnings Ratio vs Industry
How does 1271's PE Ratio compare vs other companies in the Hong Kong Construction Industry?
Price-To-Earnings vs Industry: 1271 is expensive based on its Price-To-Earnings Ratio (74.1x) compared to the Hong Kong Construction industry average (10.9x)
Price to Earnings Ratio vs Fair Ratio
What is 1271's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 74.1x |
Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1271's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 1271 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 1271 (HK$7.73) is trading below our estimate of fair value (HK$21.43)
Significantly Below Fair Value: 1271 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1271's PEG Ratio to determine if it is good value.
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Future Growth
How is Grand Ming Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
11.2%
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 Grand Ming Group 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.
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- Take a look at our analysis of 1271’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Grand Ming Group Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Grand Ming Group Holdings performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-18.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1271 has a large one-off gain of HK$66.5M impacting its September 30 2021 financial results.
Growing Profit Margin: 1271's current net profit margins (11.5%) are higher than last year (4.5%).
Past Earnings Growth Analysis
Earnings Trend: 1271's earnings have declined by 18% per year over the past 5 years.
Accelerating Growth: 1271's earnings growth over the past year (146.4%) exceeds its 5-year average (-18% per year).
Earnings vs Industry: 1271 earnings growth over the past year (146.4%) exceeded the Construction industry 0.5%.
Return on Equity
High ROE: 1271's Return on Equity (6.7%) is considered low.
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Financial Health
How is Grand Ming Group Holdings's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 1271's short term assets (HK$4.6B) do not cover its short term liabilities (HK$5.0B).
Long Term Liabilities: 1271's short term assets (HK$4.6B) exceed its long term liabilities (HK$2.7B).
Debt to Equity History and Analysis
Debt Level: 1271's net debt to equity ratio (169.3%) is considered high.
Reducing Debt: 1271's debt to equity ratio has increased from 87.9% to 180.7% over the past 5 years.
Debt Coverage: 1271's debt is well covered by operating cash flow (28.2%).
Interest Coverage: 1271's interest payments on its debt are not well covered by EBIT (2.6x coverage).
Balance Sheet
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Dividend
What is Grand Ming Group Holdings's current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
3.62%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1271's dividend (3.62%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.76%).
High Dividend: 1271's dividend (3.62%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.89%).
Stability and Growth of Payments
Stable Dividend: 1271 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1271's dividend payments have increased, but the company has only paid a dividend for 9 years.
Earnings Payout to Shareholders
Earnings Coverage: At its current payout ratio (76.7%), 1271's payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (30.4%), 1271's dividend payments are well covered by cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
8.9yrs
Average board tenure
CEO
Chi Wah Lau (56 yo)
no data
Tenure
HK$3,169,000
Compensation
Mr. Chi Wah Lau serves as the Chief Executive Officer and Executive Director of Grand Ming Group Holdings Limited. Mr. Lau holds a Honour Diploma in Accountancy from the Lingnan College (now known as the L...
CEO Compensation Analysis
Compensation vs Market: Chi Wah's total compensation ($USD403.73K) is below average for companies of similar size in the Hong Kong market ($USD585.06K).
Compensation vs Earnings: Chi Wah's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: 1271's board of directors are considered experienced (8.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Grand Ming Group Holdings Limited's employee growth, exchange listings and data sources
Key Information
- Name: Grand Ming Group Holdings Limited
- Ticker: 1271
- Exchange: SEHK
- Founded: 1995
- Industry: Construction and Engineering
- Sector: Capital Goods
- Implied Market Cap: HK$10.973b
- Shares outstanding: 1.42b
- Website: https://www.grandming.com.hk
Number of Employees
Location
- Grand Ming Group Holdings Limited
- Railway Plaza
- 22nd Floor
- Tsim Sha Tsui
- Kowloon
- Hong Kong
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/06/24 00:00 |
End of Day Share Price | 2022/06/24 00:00 |
Earnings | 2021/09/30 |
Annual Earnings | 2021/03/31 |
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.