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Newtree Group Holdings

SEHK:1323
Snowflake Description

Mediocre balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1323
SEHK
HK$1B
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

Newtree Group Holdings Limited, an investment holding company, engages in the household consumables, coal, digital technology, education, and money lending businesses. The last earnings update was 163 days ago. More info.


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1323 Share Price and Events
7 Day Returns
3.6%
SEHK:1323
-2.3%
HK Industrials
-2.4%
HK Market
1 Year Returns
0%
SEHK:1323
-14.4%
HK Industrials
-16.5%
HK Market
1323 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Newtree Group Holdings (1323) 3.6% 5.5% 5.5% 0% 118.9% -81%
HK Industrials -2.3% -8.9% -11.6% -14.4% -5.8% -27.7%
HK Market -2.4% -10.2% -8.1% -16.5% 19.3% 4.8%
1 Year Return vs Industry and Market
  • 1323 outperformed the Industrials industry which returned -14.4% over the past year.
  • 1323 outperformed the Market in Hong Kong which returned -16.5% over the past year.
Price Volatility
1323
Industry
5yr Volatility vs Market

Value

 Is Newtree Group Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Newtree Group Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Newtree Group Holdings.

SEHK:1323 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.6%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:1323
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6.7%
Industrials Unlevered Beta Simply Wall St/ S&P Global 0.86
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.862 (1 + (1- 25%) (20.8%))
0.998
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (0.998 * 6.65%)
8.64%

Discounted Cash Flow Calculation for SEHK:1323 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Newtree Group Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:1323 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 8.64%)
2019 25.36 Est @ 23.19% 23.34
2020 29.63 Est @ 16.83% 25.11
2021 33.30 Est @ 12.38% 25.97
2022 36.39 Est @ 9.27% 26.12
2023 38.97 Est @ 7.09% 25.75
2024 41.14 Est @ 5.56% 25.02
2025 42.99 Est @ 4.5% 24.07
2026 44.60 Est @ 3.75% 22.98
2027 46.03 Est @ 3.22% 21.84
2028 47.35 Est @ 2.86% 20.67
Present value of next 10 years cash flows HK$240.87
SEHK:1323 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= HK$47.35 × (1 + 2%) ÷ (8.64% – 2%)
HK$727.76
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$727.76 ÷ (1 + 8.64%)10
HK$317.76
SEHK:1323 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$240.87 + HK$317.76
HK$558.64
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$558.64 / 2,508.28
HK$0.22
SEHK:1323 Discount to Share Price
Calculation Result
Value per share (HKD) From above. HK$0.22
Current discount Discount to share price of HK$0.58
= -1 x (HK$0.58 - HK$0.22) / HK$0.22
-160.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Newtree Group Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Newtree Group Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Newtree Group Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1323 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in HKD HK$-0.01
SEHK:1323 Share Price ** SEHK (2019-05-24) in HKD HK$0.58
Hong Kong Industrials Industry PE Ratio Median Figure of 12 Publicly-Listed Industrials Companies 6.88x
Hong Kong Market PE Ratio Median Figure of 1,478 Publicly-Listed Companies 10.99x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Newtree Group Holdings.

SEHK:1323 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1323 Share Price ÷ EPS (both in HKD)

= 0.58 ÷ -0.01

-54.29x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Newtree Group Holdings is loss making, we can't compare its value to the HK Industrials industry average.
  • Newtree Group Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Newtree Group Holdings's expected growth come at a high price?
Raw Data
SEHK:1323 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -54.29x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Industrials Industry PEG Ratio Median Figure of 6 Publicly-Listed Industrials Companies 1.17x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.76x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Newtree Group Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Newtree Group Holdings's assets?
Raw Data
SEHK:1323 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in HKD HK$0.15
SEHK:1323 Share Price * SEHK (2019-05-24) in HKD HK$0.58
Hong Kong Industrials Industry PB Ratio Median Figure of 14 Publicly-Listed Industrials Companies 0.59x
Hong Kong Market PB Ratio Median Figure of 2,157 Publicly-Listed Companies 0.94x
SEHK:1323 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1323 Share Price ÷ Book Value per Share (both in HKD)

= 0.58 ÷ 0.15

3.83x

* Primary Listing of Newtree Group Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Newtree Group Holdings is overvalued based on assets compared to the HK Industrials industry average.
X
Value checks
We assess Newtree Group Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Industrials industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Industrials industry average (and greater than 0)? (1 check)
  5. Newtree Group Holdings has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Newtree Group Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Newtree 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
5.8%
Expected Industrials industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Newtree Group Holdings expected to grow at an attractive rate?
  • Unable to compare Newtree Group Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Newtree Group Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare Newtree Group Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1323 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Industrials Industry Earnings Growth Rate Market Cap Weighted Average 5.8%
Hong Kong Industrials Industry Revenue Growth Rate Market Cap Weighted Average 7.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.1%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1323 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1323 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:1323 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-09-30 128 21 -25
2018-06-30 122 -135 -28
2018-03-31 116 -291 -31
2017-12-31 100 -34
2017-09-30 85 -274 -36
2017-06-30 80 -168 -88
2017-03-31 75 -61 -139
2016-12-31 94 -225
2016-09-30 130 -54 -323
2016-06-30 180 -43 -298
2016-03-31 230 -33 -273
2015-12-31 446 -270

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Newtree Group Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Newtree Group Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1323 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Newtree Group Holdings Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1323 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:1323 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.02
2017-06-30 -0.04
2017-03-31 -0.07
2016-12-31 -0.13
2016-09-30 -0.24
2016-06-30 -0.24
2016-03-31 -0.23
2015-12-31 -0.30

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Newtree Group Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 1323’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.
  2. Newtree Group Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Newtree Group Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Newtree Group Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Newtree Group Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Newtree Group Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Newtree Group Holdings's growth in the last year to its industry (Industrials).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Newtree Group Holdings does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Newtree Group Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Newtree Group Holdings's 1-year growth to the HK Industrials industry average as it is not currently profitable.
Earnings and Revenue History
Newtree Group Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Newtree Group Holdings Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1323 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 127.74 -25.42 60.53
2018-06-30 121.73 -28.18 58.72
2018-03-31 115.73 -30.94 56.91
2017-12-31 100.37 -33.62 58.22
2017-09-30 85.01 -36.30 59.53
2017-06-30 80.04 -87.62 64.62
2017-03-31 75.07 -138.95 69.71
2016-12-31 93.83 -224.85 70.80
2016-09-30 129.53 -323.22 73.97
2016-06-30 179.67 -298.00 82.58
2016-03-31 229.82 -272.78 91.19
2015-12-31 445.81 -270.10 110.55
2015-09-30 292.69 -173.50 123.71
2015-06-30 297.49 -175.60 129.33
2015-03-31 302.30 -177.70 134.94
2014-12-31 428.05 -207.45 117.97
2014-09-30 410.09 -156.28 99.64
2014-06-30 495.68 -146.70 88.48
2014-03-31 581.27 -137.13 77.32
2013-12-31 619.40 -89.41 77.11
2013-09-30 657.54 -41.69 76.89
2013-06-30 611.34 -17.53 69.58
2013-03-31 565.15 6.62 62.26
2012-12-31 453.53 -15.28 57.75
2012-09-30 341.91 -37.19 53.24
2012-06-30 300.50 -35.36 47.78

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Newtree Group Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • Newtree Group Holdings used its assets less efficiently than the HK Industrials industry average last year based on Return on Assets.
  • It is difficult to establish if Newtree Group Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Newtree Group Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Industrials industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Newtree Group Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Newtree Group Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Newtree Group Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Newtree Group Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Newtree Group Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Newtree Group Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Newtree Group Holdings Company Filings, last reported 7 months ago.

SEHK:1323 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 354.19 302.60 61.23
2018-06-30 354.19 302.60 61.23
2018-03-31 376.97 224.90 90.67
2017-12-31 376.97 224.90 90.67
2017-09-30 417.62 197.85 67.03
2017-06-30 417.62 197.85 67.03
2017-03-31 364.42 0.00 25.64
2016-12-31 364.42 0.00 25.64
2016-09-30 380.13 5.87 83.64
2016-06-30 380.13 5.87 83.64
2016-03-31 311.58 123.09 27.81
2015-12-31 311.58 123.09 27.81
2015-09-30 533.72 119.06 24.39
2015-06-30 533.72 119.06 24.39
2015-03-31 608.29 121.68 29.55
2014-12-31 608.29 117.39 29.55
2014-09-30 484.89 132.24 42.36
2014-06-30 484.89 132.24 42.36
2014-03-31 389.95 10.38 39.89
2013-12-31 389.95 10.38 39.89
2013-09-30 476.39 9.04 41.78
2013-06-30 476.39 9.04 41.78
2013-03-31 396.03 10.36 25.23
2012-12-31 396.03 10.36 25.23
2012-09-30 391.41 0.00 84.97
2012-06-30 391.41 0.00 84.97
  • Newtree Group Holdings's level of debt (85.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1.9% vs 85.4% today).
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.

  • Whilst loss making Newtree Group Holdings has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Newtree Group Holdings has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 32.1% per year.
X
Financial health checks
We assess Newtree Group Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Newtree Group Holdings has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Newtree Group Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Newtree Group Holdings dividends.
If you bought HK$2,000 of Newtree Group Holdings shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Newtree Group Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Newtree Group Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1323 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Industrials Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 4.1%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 966 Stocks 3.7%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:1323 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
SEHK:1323 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2012-12-20 0.000 0.000
2012-11-29 0.000 0.000
2012-06-29 0.000 0.000
2011-06-28 0.030 4.921

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Newtree Group Holdings has not reported any payouts.
  • Unable to verify if Newtree Group Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Newtree Group Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Newtree Group Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Newtree Group Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Newtree Group Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Newtree Group Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Newtree Group Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Wai Wong
AGE 32
TENURE AS CEO 3.2 years
CEO Bio

Dr. Wai Sing Wong has been the Chief Executive Officer of Newtree Group Holdings Limited since March 31, 2016. Dr. Wong serves as the Trade Advisor of the Honorary Consulate of Equatorial Guinea to Bucharest Romania and the Diplomatic Adviser to the Special Representatives for the People's Republic of China of the Sovereign Order of Saint John of Jerusalem, Knights of Malta, Federation of the Autonomous Priories (KMFAP). Dr. Wong is a Co-Owner of Twin Star Global Limited. Dr. Wong served as the Chief Executive Officer at Newtree Group Holdings Limited from May 15, 2012 to July 11, 2014. He has over 4 years of experience in mining, natural resources industry and coal trading. He was a consultant of a Hong Kong based medium size certified public accountants firm. He is the Legal Representative of Mulei County Kai Yuan Coal Company Limited and Qitai County Zexu Trading Enterprise Limited. He has been the Executive Chairman of Newtree Group Holdings Limited since June 10, 2013. He served as the Chairman of Capital Finance Holdings Limited (formerly Ming Kei Holdings Limited) since July 15, 2013. He served as Executive Vice Chairman of Capital Finance Holdings Limited from January 1, 2015 to April 29, 2016. He served as the Chairman of the Board of Ming Kei Holdings Limited from November 3, 2008 to August 8, 2012 and also served as its Compliance Officer December 31, 2008 respectively. Dr. Wong served as the Chairman of TLT Lottotainment Group Ltd. from April 17, 2009 to June 2011 and served as its Executive Director since February 1, 2010. He served as a Vice Chairman of Newtree Group Holdings Limited from October 4, 2011 to June 10, 2013. He serves as a Director at China Energy Trading Company Limited. He served as an Executive Director of Capital Finance Holdings Limited from July 15, 2013 to April 29, 2016. He served a Non-Executive Director of Ming Kei Holdings Limited from November 3, 2008 to July 15, 2013. He served as Non Executive Director of TLT Lottotainment Group Limited from April 17, 2009 to May 31, 2011. Dr. Wong is an Associate Member of the Hong Kong Institute of Directors. Dr. Wong holds a Bachelor of Science degree in International Business from the Canterbury University, London, an International Master of Business Administration from the Stratford University, Falls Church, Virginia, the United States of America, a Master of Arts and a Doctor of Philosophy from the Universidad Empresarial De Costa Rica, completed a Certificate of three-tiers' integrate coal mine's safety from the Bureau of Xinjiang Coal Mine Safety Supervision, the PRC and also completed a Diploma of Lifestyle Medicine for Stress Management from the Harvard Medical School Department of Continuing Education.

CEO Compensation
  • Wai's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Insufficient data for Wai to establish whether their remuneration is reasonable compared to companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Newtree Group Holdings management team in years:

2.9
Average Tenure
47
Average Age
  • The tenure for the Newtree Group Holdings management team is about average.
Management Team

Wai Wong

TITLE
Chairman & CEO
AGE
32
TENURE
3.2 yrs

Jeffrey Wong

TITLE
COO & Executive Director
COMPENSATION
HK$1M
AGE
31
TENURE
2.7 yrs

Kin Chan

TITLE
Chief Investment Officer & Executive Director
COMPENSATION
HK$978K
AGE
49
TENURE
4.9 yrs

Dawnibilly Yick

TITLE
Administrative & Human Resources Manager
COMPENSATION
HK$1M
AGE
58
TENURE
1.4 yrs

Caesar Lee

TITLE
Executive Director
AGE
55

Kin Chan

TITLE
Chief Financial Officer
AGE
45
TENURE
3.7 yrs

Chiu Wing Chan

TITLE
Company Secretary
TENURE
1.1 yrs
Board of Directors Tenure

Average tenure and age of the Newtree Group Holdings board of directors in years:

5.9
Average Tenure
42
Average Age
  • The tenure for the Newtree Group Holdings board of directors is about average.
Board of Directors

Wai Wong

TITLE
Chairman & CEO
AGE
32
TENURE
5.9 yrs

Jeffrey Wong

TITLE
COO & Executive Director
COMPENSATION
HK$1M
AGE
31
TENURE
3.7 yrs

Kin Chan

TITLE
Chief Investment Officer & Executive Director
COMPENSATION
HK$978K
AGE
49
TENURE
5.6 yrs

Caesar Lee

TITLE
Executive Director
AGE
55
TENURE
7.6 yrs

Kam Tim Kwok

TITLE
Independent Non-Executive Director
COMPENSATION
HK$234K
AGE
42
TENURE
7.1 yrs

Chik Hui

TITLE
Independent Non-Executive Director
COMPENSATION
HK$195K
AGE
44
TENURE
7.1 yrs

Brian Tso

TITLE
Independent Non-Executive Director
COMPENSATION
HK$215K
AGE
38
TENURE
4.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
31. Oct 18 Buy Wai Wong Individual 26. Oct 18 26. Oct 18 1,900,000 HK$0.52 HK$988,000
25. Oct 18 Sell Jeffrey Wong Individual 24. Oct 18 24. Oct 18 -10,000,000 HK$0.52 HK$-5,200,001
26. Oct 18 Buy Wai Wong Individual 23. Oct 18 23. Oct 18 3,200,000 HK$0.52 HK$1,673,609
25. Oct 18 Buy Wai Wong Individual 22. Oct 18 22. Oct 18 4,130,000 HK$0.51 HK$2,114,545
18. Oct 18 Buy Wai Wong Individual 12. Oct 18 12. Oct 18 3,700,000 HK$0.53 HK$1,961,012
16. Oct 18 Buy Wai Wong Individual 11. Oct 18 11. Oct 18 10,200,000 HK$0.52 HK$5,303,986
11. Oct 18 Sell Wai Wong Individual 09. Oct 18 09. Oct 18 -15,000,000 HK$0.53 HK$-7,949,984
11. Oct 18 Buy Wai Wong Individual 09. Oct 18 09. Oct 18 1,936,000 HK$0.51 HK$989,301
11. Oct 18 Buy Wai Wong Individual 08. Oct 18 08. Oct 18 400,000 HK$0.51 HK$204,001
05. Oct 18 Buy Wai Wong Individual 02. Oct 18 02. Oct 18 5,500,000 HK$0.54 HK$2,970,000
09. Oct 18 Sell Wai Wong Individual 04. Oct 18 04. Oct 18 -4,800,000 HK$0.53 HK$-2,563,193
04. Oct 18 Buy Wai Wong Individual 28. Sep 18 28. Sep 18 8,000,000 HK$0.54 HK$4,351,998
08. Oct 18 Sell Wai Wong Individual 03. Oct 18 03. Oct 18 -1,000,000 HK$0.54 HK$-540,003
03. Oct 18 Sell Wai Wong Individual 27. Sep 18 27. Sep 18 -2,500,000 HK$0.55 HK$-1,374,991
28. Sep 18 Sell Wai Wong Individual 24. Sep 18 24. Sep 18 -5,100,000 HK$0.57 HK$-2,906,989
20. Sep 18 Sell Wai Wong Individual 17. Sep 18 17. Sep 18 -2,600,000 HK$0.56 HK$-1,455,995
14. Sep 18 Sell Wai Wong Individual 11. Sep 18 11. Sep 18 -7,000,000 HK$0.62 HK$-4,339,982
07. Sep 18 Sell Wai Wong Individual 04. Sep 18 04. Sep 18 -16,500,000 HK$0.56 HK$-9,239,972
06. Sep 18 Sell Wai Wong Individual 03. Sep 18 03. Sep 18 -16,816,000 HK$0.56 HK$-9,349,734
05. Sep 18 Sell Wai Wong Individual 31. Aug 18 31. Aug 18 -4,000,000 HK$0.55 HK$-2,199,987
30. Aug 18 Sell Wai Wong Individual 27. Aug 18 27. Aug 18 -9,250,000 HK$0.54 HK$-4,994,991
X
Management checks
We assess Newtree Group Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Newtree Group Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

What Kind Of Shareholder Appears On The Newtree Group Holdings Limited's (HKG:1323) Shareholder Register?

Every investor in Newtree Group Holdings Limited (HKG:1323) should be aware of the most powerful shareholder groups. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Newtree Group Holdings is not a large company by global standards.

Simply Wall St -

How Many Newtree Group Holdings Limited (HKG:1323) Shares Have Insiders Sold, In The Last Year?

The Last 12 Months Of Insider Transactions At Newtree Group Holdings. … Over the last year, we can see that the biggest insider sale was by the Chairman & CEO, Wai Wong, for HK$9.3m worth of shares, at about HK$0.56 per share. … Over the last year we saw more insider selling of Newtree Group Holdings shares, than buying

Simply Wall St -

What Investors Should Know About Newtree Group Holdings Limited's (HKG:1323) Financial Strength

Investors are always looking for growth in small-cap stocks like Newtree Group Holdings Limited (HKG:1323), with a market cap of HK$1.3b. … However, an important fact which most ignore is: how financially healthy is the business? … the current state of its operations and pathway to profitability.

Simply Wall St -

Do Institutions Own Newtree Group Holdings Limited (HKG:1323) Shares?

If you want to know who really controls Newtree Group Holdings Limited (HKG:1323), then you'll have to look at the makeup of its share registry. … Newtree Group Holdings is not a large company by global standards. … Check out our latest analysis for Newtree Group Holdings

Simply Wall St -

Who Has Been Buying Newtree Group Holdings Limited (HKG:1323) Shares?

So before you buy or sell Newtree Group Holdings Limited (HKG:1323), you may well want to know whether insiders have been buying or selling. … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … That means that an insider was selling shares at around the current price of HK$0.53.

Simply Wall St -

What You Must Know About Newtree Group Holdings Limited's (HKG:1323) Financial Strength

While small-cap stocks, such as Newtree Group Holdings Limited (HKG:1323) with its market cap of HK$1.3b, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Does Newtree Group Holdings Limited's (HKG:1323) CEO Pay Matter?

Our data indicates that Newtree Group Holdings Limited is worth HK$1.3b, and total annual CEO compensation is HK$4m. … We examined companies with market caps from HK$784m to HK$3.1b, and discovered that the median CEO compensation of that group was HK$2m. … Thus we can conclude that Wai Wong receives more in total compensation than the median of a group of companies in the same market, and of similar size to Newtree Group Holdings Limited

Simply Wall St -

Are Newtree Group Holdings Limited's (HKG:1323) Interest Costs Too High?

Newtree Group Holdings Limited (HKG:1323) is a small-cap stock with a market capitalization of HK$1.38b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is

Simply Wall St -

Company Info

Description

Newtree Group Holdings Limited, an investment holding company, engages in the household consumables, coal, digital technology, education, and money lending businesses. The company is involved in the wholesale and retail of household consumables; design and development of three-dimensional animations, as well as augmented reality technology and e-learning Web applications; trade of coal; provision of educational technology solutions through online education programs, as well as English language proficiency tests; and money lending activities. It sells its products primarily in the People’s Republic of China, the United Kingdom, Macau, and Hong Kong. The company was incorporated in 2010 and is based in Wanchai, Hong Kong.

Details
Name: Newtree Group Holdings Limited
1323
Exchange: SEHK
Founded: 2010
HK$1,454,804,256
2,508,283,201
Website: http://www.newtreegroupholdings.com
Address: Newtree Group Holdings Limited
Shui On Centre,
Suites 2804–07,
Wanchai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1323 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 13. Jan 2011
Number of employees
Current staff
Staff numbers
77
Newtree Group Holdings employees.
Industry
Industrial Conglomerates
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/25 12:55
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2017/07/07
Last earnings filing: 2018/12/13
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.