SEHK:1341

Stock Analysis Report

Hao Tian International Construction Investment Group

Executive Summary

Hao Tian International Construction Investment Group Limited, an investment holding company, engages in the rental of construction machinery in Hong Kong and Macau.

Snowflake

Fundamentals

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Hao Tian International Construction Investment Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

5.2%

1341

2.3%

HK Trade Distributors

-0.6%

HK Market


1 Year Return

38.6%

1341

12.0%

HK Trade Distributors

0.9%

HK Market

Return vs Industry: 1341 exceeded the Hong Kong Trade Distributors industry which returned 12% over the past year.

Return vs Market: 1341 exceeded the Hong Kong Market which returned 0.9% over the past year.


Shareholder returns

1341IndustryMarket
7 Day5.2%2.3%-0.6%
30 Day5.2%1.5%0.8%
90 Day-7.6%4.7%-5.7%
1 Year38.6%38.6%15.4%12.0%4.6%0.9%
3 Year-28.8%-30.7%-7.7%-14.7%15.8%4.2%
5 Yearn/a-36.7%-49.1%17.8%-1.9%

Price Volatility Vs. Market

How volatile is Hao Tian International Construction Investment Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hao Tian International Construction Investment Group undervalued compared to its fair value and its price relative to the market?

1.65x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1341's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1341's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1341 is unprofitable, so we can't compare its PE Ratio to the Trade Distributors industry average.

PE vs Market: 1341 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 1341's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1341 is overvalued based on its PB Ratio (1.7x) compared to the HK Trade Distributors industry average (0.6x).


Next Steps

Future Growth

How is Hao Tian International Construction Investment Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.2%

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 Hao Tian International Construction Investment Group 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 Hao Tian International Construction Investment Group performed over the past 5 years?

-62.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 1341 is unprofitable, and losses have increased over the past 5 years at a rate of -62% per year.

Accelerating Growth: Unable to compare 1341's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1341 is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (1%).


Return on Equity

High ROE: 1341 has a negative Return on Equity (-0.84%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 1341 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 1341 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Hao Tian International Construction Investment Group's financial position?


Financial Position Analysis

Short Term Liabilities: 1341's short term assets (HK$574.0M) exceeds its short term liabilities (HK$211.9M)

Long Term Liabilities: 1341's short term assets (574.0M) exceeds its long term liabilities (101.6M)


Debt to Equity History and Analysis

Debt Level: 1341's debt to equity ratio (18.1%) is considered satisfactory

Reducing Debt: 1341's debt to equity ratio has reduced from 31.3% to 18.1% over the past 5 years.


Balance Sheet

Inventory Level: 1341 has a high level of physical assets or inventory.

Debt Coverage by Assets: 1341's debt is covered by short term assets (assets are 4.1x 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: 1341 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 1341 has less than a year of cash runway if free cash flow continues to reduce at historical rates of -60.4% each year


Next Steps

Dividend

What is Hao Tian International Construction Investment Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%6.2%industryaverage4.0%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 1341's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1341'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 1341's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1341's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1341'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 Hao Tian International Construction Investment Group's salary, the management and board of directors tenure and is there insider trading?

0.7yrs

Average management tenure


CEO

Li Zheng (32yo)

0yrs

Tenure

0

Mr. Zhang Li serves as CEO & Executive Director at Hao Tian International Construction Investment Group Limited since September 1, 2019. Mr. Zheng is the Founder and Managing Partner of Jiaxingjunli Invest ...


Management Age and Tenure

0.7yrs

Average Tenure

46yo

Average Age

Experienced Management: 1341's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Age and Tenure

2.7yrs

Average Tenure

47.5yo

Average Age

Experienced Board: 1341's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: 1341 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyHK$79,999,18704 Sep 19
Tingjia Chen
EntityIndividual
Shares275,862,069
Max PriceHK$0.29
BuyHK$10,837,50326 Mar 19
Asia Link Capital Investment Holdings Limited
EntityCompany
Shares30,104,000
Max PriceHK$0.36
BuyHK$197,998,14419 Feb 19
Asia Link Capital Investment Holdings Limited
EntityCompany
Shares550,000,000
Max PriceHK$0.36

Ownership Breakdown


Management Team

  • Eric Fok (42yo)

    Executive Director

    • Tenure: 2.7yrs
    • Compensation: HK$2.51m
  • Zhiliang Ou (50yo)

    Executive Director

    • Tenure: 2.7yrs
  • Jovey Chan (42yo)

    Company Secretary

    • Tenure: 0.7yrs
  • James Tang (50yo)

    Executive Director

    • Tenure: 5.1yrs
    • Compensation: HK$2.01m
  • Sheng Zhang (50yo)

    Vice Chairman

    • Tenure: 0.08yrs
  • Li Zheng (32yo)

    CEO & Executive Director

    • Tenure: 0yrs

Board Members

  • Eric Fok (42yo)

    Executive Director

    • Tenure: 2.7yrs
    • Compensation: HK$2.51m
  • Joshua Lee (45yo)

    Independent Non-Executive Director

    • Tenure: 2.7yrs
    • Compensation: HK$120.00k
  • Yiu Tong Mak (60yo)

    Independent Non-Executive Director

    • Tenure: 2.7yrs
    • Compensation: HK$120.00k
  • Zhiliang Ou (50yo)

    Executive Director

    • Tenure: 2.7yrs
  • James Tang (50yo)

    Executive Director

    • Tenure: 5.1yrs
    • Compensation: HK$2.01m
  • Sheng Zhang (50yo)

    Vice Chairman

    • Tenure: 0.08yrs
  • Eliot Li (41yo)

    Independent Non-Executive Director

    • Tenure: 2.6yrs
    • Compensation: HK$120.00k
  • Li Zheng (32yo)

    CEO & Executive Director

    • Tenure: 0yrs

Company Information

Hao Tian International Construction Investment Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hao Tian International Construction Investment Group Limited
  • Ticker: 1341
  • Exchange: SEHK
  • Founded: 1962
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: HK$1.351b
  • Shares outstanding: 4.43b
  • Website: https://www.haotianint.com.hk

Number of Employees


Location

  • Hao Tian International Construction Investment Group Limited
  • Sun Hung Kai Centre
  • 49th Floor
  • Wanchai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1341SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2015

Biography

Hao Tian International Construction Investment Group Limited, an investment holding company, engages in the rental of construction machinery in Hong Kong and Macau. The company rents construction machinery ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 12:57
End of Day Share Price2019/10/22 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.