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CCT Fortis Holdings

SEHK:138
Snowflake Description

Imperfect balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
138
SEHK
HK$585M
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

CCT Fortis Holdings Limited, an investment holding company, invests in, develops, and trades in real estate properties. The last earnings update was 82 days ago. More info.


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138 Share Price and Events
7 Day Returns
1.5%
SEHK:138
-0.1%
HK Industrials
0.8%
HK Market
1 Year Returns
-25.6%
SEHK:138
-5.2%
HK Industrials
-4.4%
HK Market
138 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CCT Fortis Holdings (138) 1.5% 1.5% -4.3% -25.6% -32.3% -21.2%
HK Industrials -0.1% -1.2% -8.5% -5.2% -5.7% -30.7%
HK Market 0.8% 1.5% -7.4% -4.4% 17.7% 1.6%
1 Year Return vs Industry and Market
  • 138 underperformed the Industrials industry which returned -5.2% over the past year.
  • 138 underperformed the Market in Hong Kong which returned -4.4% over the past year.
Price Volatility
138
Industry
5yr Volatility vs Market

Value

 Is CCT Fortis 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
  • It is not possible to calculate the future cash flow value for CCT Fortis Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.67.
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 CCT Fortis Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CCT Fortis Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:138 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$0.04
SEHK:138 Share Price ** SEHK (2019-07-19) in HKD HK$0.67
Hong Kong Industrials Industry PE Ratio Median Figure of 12 Publicly-Listed Industrials Companies 6.89x
Hong Kong Market PE Ratio Median Figure of 1,511 Publicly-Listed Companies 10.76x

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

** Primary Listing of CCT Fortis Holdings.

SEHK:138 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:138 Share Price ÷ EPS (both in HKD)

= 0.67 ÷ 0.04

17.25x

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

  • CCT Fortis Holdings is overvalued based on earnings compared to the HK Industrials industry average.
  • CCT Fortis Holdings is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does CCT Fortis Holdings's expected growth come at a high price?
Raw Data
SEHK:138 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.25x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
18.9%per year
Hong Kong Industrials Industry PEG Ratio Median Figure of 6 Publicly-Listed Industrials Companies 1.07x
Hong Kong Market PEG Ratio Median Figure of 480 Publicly-Listed Companies 0.8x

*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 CCT Fortis Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on CCT Fortis Holdings's assets?
Raw Data
SEHK:138 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$3.38
SEHK:138 Share Price * SEHK (2019-07-19) in HKD HK$0.67
Hong Kong Industrials Industry PB Ratio Median Figure of 14 Publicly-Listed Industrials Companies 0.6x
Hong Kong Market PB Ratio Median Figure of 2,197 Publicly-Listed Companies 0.92x
SEHK:138 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:138 Share Price ÷ Book Value per Share (both in HKD)

= 0.67 ÷ 3.38

0.2x

* Primary Listing of CCT Fortis Holdings.

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

  • CCT Fortis Holdings is good value based on assets compared to the HK Industrials industry average.
X
Value checks
We assess CCT Fortis 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. CCT Fortis Holdings has a total score of 1/6, 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 CCT Fortis Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover CCT Fortis Holdings, future earnings growth has been estimated based on fundamentals.
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
18.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CCT Fortis Holdings expected to grow at an attractive rate?
  • CCT Fortis Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • CCT Fortis Holdings's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare CCT Fortis Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:138 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:138 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 18.9%
Hong Kong Industrials Industry Earnings Growth Rate Market Cap Weighted Average 5.1%
Hong Kong Industrials Industry Revenue Growth Rate Market Cap Weighted Average 7.3%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.3%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.7%

*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:138 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 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:138 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 919 65 34
2018-09-30 787 14 77
2018-06-30 654 -38 119
2018-03-31 620 -67 150
2017-12-31 585 -95 181
2017-09-30 681 -93 225
2017-06-30 776 -91 269
2017-03-31 836 -22 286
2016-12-31 895 48 303
2016-09-30 803 102 414
2016-06-30 710 155 524
2016-03-31 659 213 447

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • CCT Fortis Holdings's earnings are expected to grow by 18.9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if CCT Fortis 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:138 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from CCT Fortis Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:138 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 0.04
2018-09-30 0.09
2018-06-30 0.14
2018-03-31 0.17
2017-12-31 0.21
2017-09-30 0.26
2017-06-30 0.31
2017-03-31 0.33
2016-12-31 0.36
2016-09-30 0.49
2016-06-30 0.63
2016-03-31 0.54

*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 CCT Fortis Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess CCT Fortis 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.
CCT Fortis Holdings has a total score of 2/6, 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 CCT Fortis 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 CCT Fortis 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.
  • CCT Fortis Holdings's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • CCT Fortis Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • CCT Fortis Holdings's 1-year earnings growth is negative, it can't be compared to the HK Industrials industry average.
Earnings and Revenue History
CCT Fortis 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 CCT Fortis Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:138 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 919.00 34.00 295.00
2018-09-30 786.50 76.50 277.50
2018-06-30 654.00 119.00 260.00
2018-03-31 619.50 150.00 242.50
2017-12-31 585.00 181.00 225.00
2017-09-30 680.50 225.00 197.00
2017-06-30 776.00 269.00 169.00
2017-03-31 835.50 286.00 180.50
2016-12-31 895.00 303.00 192.00
2016-09-30 802.50 413.50 189.00
2016-06-30 710.00 524.00 186.00
2016-03-31 659.00 446.50 152.50
2015-12-31 608.00 369.00 119.00
2015-09-30 528.50 394.00 103.00
2015-06-30 449.00 419.00 87.00
2015-03-31 323.50 421.50 82.50
2014-12-31 198.00 424.00 78.00
2014-06-30 59.00 314.00 81.00
2014-03-31 374.50 303.00 104.50
2013-12-31 690.00 292.00 128.00
2013-09-30 1,644.00 107.50 193.50
2013-06-30 1,483.00 -17.00 166.00
2013-03-31 1,513.50 -24.00 174.50
2012-12-31 1,544.00 -31.00 183.00
2012-09-30 1,697.50 -109.00 221.00

*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.
  • CCT Fortis Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • CCT Fortis 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 CCT Fortis 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 CCT Fortis 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.
CCT Fortis 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 CCT Fortis 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 CCT Fortis Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CCT Fortis Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • CCT Fortis Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of CCT Fortis 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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1x 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 CCT Fortis Holdings Company Filings, last reported 6 months ago.

SEHK:138 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,986.00 1,827.00 476.00
2018-09-30 2,986.00 1,827.00 476.00
2018-06-30 3,329.00 1,821.00 1,645.00
2018-03-31 3,329.00 1,821.00 1,645.00
2017-12-31 3,350.00 1,625.00 193.00
2017-09-30 3,350.00 1,625.00 193.00
2017-06-30 3,245.00 1,543.00 222.00
2017-03-31 3,245.00 1,543.00 222.00
2016-12-31 3,202.00 1,507.00 314.00
2016-09-30 3,202.00 1,507.00 314.00
2016-06-30 2,979.00 1,433.00 1,057.00
2016-03-31 2,979.00 1,433.00 1,057.00
2015-12-31 2,866.00 967.00 1,819.00
2015-09-30 2,866.00 967.00 1,819.00
2015-06-30 2,485.00 1,078.00 112.00
2015-03-31 2,485.00 1,078.00 112.00
2014-12-31 2,551.00 1,080.00 367.00
2014-06-30 2,243.00 1,276.00 256.00
2014-03-31 2,243.00 1,276.00 256.00
2013-12-31 2,196.00 1,263.00 759.00
2013-09-30 2,196.00 1,263.00 759.00
2013-06-30 2,026.00 1,344.00 421.00
2013-03-31 2,026.00 1,344.00 421.00
2012-12-31 2,086.00 1,027.00 520.00
2012-09-30 2,086.00 1,027.00 520.00
  • CCT Fortis Holdings's level of debt (61.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (57.5% vs 61.4% today).
  • Debt is not well covered by operating cash flow (3.5%, less than 20% of total debt).
  • Unable to confirm if the interest payments on CCT Fortis Holdings's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess CCT Fortis 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. CCT Fortis Holdings has a total score of 2/6, 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 CCT Fortis 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 CCT Fortis Holdings dividends.
If you bought HK$2,000 of CCT Fortis 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 CCT Fortis Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate CCT Fortis 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:138 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%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
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 5.7%

Industry and Market average data is calculated daily.

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

SEHK:138 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2019-04-29 0.000 0.000
2019-03-29 0.000 0.000
2018-08-30 0.070 9.274
2018-03-28 0.070 7.601
2017-08-29 0.070 7.144
2017-04-20 0.070 6.595
2017-03-27 0.070 6.532
2016-04-19 0.065 6.279
2016-03-29 0.065 6.383
2015-04-14 0.065 7.097
2015-03-31 0.065 7.103
2014-08-25 0.065 7.338
2014-04-15 0.065 7.562
2014-03-25 0.065 7.510
2013-12-06 0.065 7.357
2013-03-27 0.065 7.987
2012-08-31 0.065 9.369
2012-03-29 0.065 10.022
2011-08-29 0.065 10.132
2011-03-29 0.065 6.768
2010-08-30 0.065 6.024
2010-04-20 0.070 6.830
2009-09-18 0.060 5.866
2009-04-21 0.055 7.992
2008-09-19 0.055 14.478

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

  • Unable to perform a dividend volatility check as CCT Fortis Holdings has not reported any payouts.
  • Unable to verify if CCT Fortis Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of CCT Fortis Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as CCT Fortis 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 CCT Fortis 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 CCT Fortis Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CCT Fortis 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 CCT Fortis 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
Clement Mak
COMPENSATION HK$10,000,000
AGE 65
TENURE AS CEO 25.5 years
CEO Bio

Mr. Shiu Tong Mak, also known as Clement, has been Chairman, Chief Executive Officer and President of China Pacific, Inc. since May 1994 and CCT Land Holdings Limited since August 2002. Mr. Mak has been Chairman and Chief Executive Officer of CCT Telecom Holdings Ltd. since January 1994. He served as a Part Time Consultant of CCT Resources Holdings Limited since November 23, 2010. He served as Chairman and Chief Executive Officer of CCT Tech International Ltd. since August 2002. Mr. Mak was responsible for corporate planning, overall strategic direction of CCT's group and takes a leading role in managing the business. He served as the Chief Executive Officer of CCT Resources Holdings Ltd., a subsidiary of CCT Tech International Ltd. from April 25, 2006 to November 23, 2010 and served as its Chief Executive Officer from November 1, 2009 to November 23, 2010. He founded China Pacific Construction and its affiliates and has served as Chairman of China Pacific Construction since it inception in 1993. He founded Kiu Yin Investment Co. Ltd. (formerly, Bondwell Electronics Ltd.) and has been its Chairman since 1979. Mr. Mak has over 29 years of experience in the electronics manufacturing and distribution industry, specialising in telephone and telecom products. He has substantial experience in the telecom services and internet businesses. He served as the Chief Executive Officer of Tradeeasy Holdings Ltd. from April 25, 2006 to October 2008. He has been Chairman of Tradeeasy Holdings Ltd. since April 25, 2006. He served as Chairman of Haier Electronics Group Co. Ltd. (formerly known as Haier-CCT Holdings Ltd.) from March 2000 to January 28, 2005. He serves as Director of certain subsidiaries of CCT's group. He has been Executive Director of Tradeeasy Holdings Ltd. since April 25, 2006. He has been Director of China Pacific Inc. since 1993. Mr. Mak has been an Executive Director of CCT Tech International Ltd., CCT Land Holdings Limited since August 2002 and CCT Telecom Holdings Ltd. since January 11, 1994. He served as Executive Director of Haier Electronics Group Co. Ltd. from March 2000 to January 28, 2005. He served as Executive Director of CCT Resources Holdings Limited form April 25, 2006 to November 23, 2010. He holds Diploma in Electrical Engineering.

CEO Compensation
  • Clement's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Clement's remuneration is higher than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the CCT Fortis Holdings management team in years:

3.8
Average Tenure
61
Average Age
  • The tenure for the CCT Fortis Holdings management team is about average.
Management Team

Clement Mak

TITLE
Executive Chairman & CEO
COMPENSATION
HK$10M
AGE
65
TENURE
25.5 yrs

Terry Tam

TITLE
Deputy Chairman
COMPENSATION
HK$3M
AGE
65
TENURE
7.2 yrs

Flora Cheng

TITLE
Executive Director
COMPENSATION
HK$2M
AGE
65

Patrick Cheung

TITLE
Group Financial Controller
AGE
48

Ka Chai Chan

TITLE
General Counsel
AGE
54
TENURE
3.8 yrs

TK Mak

TITLE
Chief Executive Officer of The Blackbird Automotive Group
AGE
39

John Brian Newman

TITLE
Chief Operating Officer of Blackbird Automotive
AGE
50

Muk Hing Chan

TITLE
Managing Director of AHM
AGE
64
TENURE
3.3 yrs

Ka Kam Au

TITLE
Managing Director of Hip Hing Loong Metal Works Limited
AGE
61
TENURE
3 yrs
Board of Directors Tenure

Average tenure and age of the CCT Fortis Holdings board of directors in years:

16.6
Average Tenure
65
Average Age
  • The average tenure for the CCT Fortis Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Clement Mak

TITLE
Executive Chairman & CEO
COMPENSATION
HK$10M
AGE
65
TENURE
25.5 yrs

Terry Tam

TITLE
Deputy Chairman
COMPENSATION
HK$3M
AGE
65
TENURE
13.6 yrs

Flora Cheng

TITLE
Executive Director
COMPENSATION
HK$2M
AGE
65
TENURE
21.4 yrs

Kenny Tam

TITLE
Independent Non-Executive Director
COMPENSATION
HK$240M
AGE
70
TENURE
19.6 yrs

Siu Ngor Chow

TITLE
Independent Non-Executive Director
AGE
63
TENURE
6.3 yrs

Li Chen

TITLE
Independent Non-Executive Director
COMPENSATION
HK$240M
AGE
54
TENURE
11.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
28. Jan 19 Buy Ngai Hung Tam Individual 25. Jan 19 25. Jan 19 300,000 HK$0.75 HK$224,849
25. Jan 19 Buy Ngai Hung Tam Individual 24. Jan 19 24. Jan 19 202,000 HK$0.74 HK$149,480
25. Jan 19 Buy Ngai Hung Tam Individual 22. Jan 19 22. Jan 19 876,000 HK$0.73 HK$641,318
25. Jan 19 Buy Ngai Hung Tam Individual 23. Jan 19 23. Jan 19 2,000 HK$0.73 HK$1,460
05. Nov 18 Buy Shiu Tong Mak Individual 02. Nov 18 02. Nov 18 10,000 HK$0.72 HK$7,200
02. Nov 18 Buy Shiu Tong Mak Individual 01. Nov 18 01. Nov 18 10,000 HK$0.71 HK$7,100
01. Nov 18 Buy Shiu Tong Mak Individual 31. Oct 18 31. Oct 18 40,000 HK$0.71 HK$28,520
31. Oct 18 Buy Shiu Tong Mak Individual 30. Oct 18 30. Oct 18 252,000 HK$0.71 HK$177,786
29. Oct 18 Buy Shiu Tong Mak Individual 25. Oct 18 25. Oct 18 78,000 HK$0.72 HK$56,301
30. Oct 18 Buy Shiu Tong Mak Individual 29. Oct 18 29. Oct 18 248,000 HK$0.72 HK$179,726
29. Oct 18 Buy Shiu Tong Mak Individual 26. Oct 18 26. Oct 18 44,000 HK$0.73 HK$32,142
25. Oct 18 Buy Shiu Tong Mak Individual 24. Oct 18 24. Oct 18 20,000 HK$0.74 HK$14,840
24. Oct 18 Buy Shiu Tong Mak Individual 23. Oct 18 23. Oct 18 78,000 HK$0.74 HK$57,556
23. Oct 18 Buy Shiu Tong Mak Individual 22. Oct 18 22. Oct 18 170,000 HK$0.74 HK$125,902
19. Oct 18 Buy Shiu Tong Mak Individual 18. Oct 18 18. Oct 18 70,000 HK$0.74 HK$51,457
22. Oct 18 Buy Shiu Tong Mak Individual 19. Oct 18 19. Oct 18 230,000 HK$0.73 HK$168,959
18. Oct 18 Buy Shiu Tong Mak Individual 16. Oct 18 16. Oct 18 150,000 HK$0.75 HK$112,665
18. Oct 18 Buy Shiu Tong Mak Individual 12. Oct 18 12. Oct 18 100,000 HK$0.75 HK$75,480
18. Oct 18 Buy Shiu Tong Mak Individual 15. Oct 18 15. Oct 18 90,000 HK$0.75 HK$67,500
12. Oct 18 Buy Shiu Tong Mak Individual 11. Oct 18 11. Oct 18 50,000 HK$0.76 HK$38,000
10. Oct 18 Buy Shiu Tong Mak Individual 10. Oct 18 10. Oct 18 60,000 HK$0.77 HK$46,200
10. Oct 18 Buy Shiu Tong Mak Individual 05. Oct 18 05. Oct 18 40,000 HK$0.78 HK$31,020
10. Oct 18 Buy Shiu Tong Mak Individual 09. Oct 18 09. Oct 18 178,000 HK$0.77 HK$136,776
10. Oct 18 Buy Shiu Tong Mak Individual 08. Oct 18 08. Oct 18 84,000 HK$0.77 HK$64,722
27. Sep 18 Buy Shiu Tong Mak Individual 26. Sep 18 26. Sep 18 50,000 HK$0.78 HK$39,100
26. Sep 18 Buy Shiu Tong Mak Individual 21. Sep 18 21. Sep 18 94,000 HK$0.79 HK$74,457
19. Sep 18 Buy Shiu Tong Mak Individual 18. Sep 18 18. Sep 18 60,000 HK$0.79 HK$47,160
14. Sep 18 Buy Shiu Tong Mak Individual 13. Sep 18 13. Sep 18 174,000 HK$0.79 HK$137,112
13. Sep 18 Buy Shiu Tong Mak Individual 12. Sep 18 12. Sep 18 330,000 HK$0.79 HK$261,393
04. Sep 18 Buy Shiu Tong Mak Individual 03. Sep 18 03. Sep 18 280,000 HK$0.83 HK$231,196
03. Sep 18 Buy Shiu Tong Mak Individual 31. Aug 18 31. Aug 18 240,000 HK$0.83 HK$199,776
30. Jul 18 Buy Shiu Tong Mak Individual 26. Jul 18 26. Jul 18 370,000 HK$0.89 HK$329,559
30. Jul 18 Buy Shiu Tong Mak Individual 27. Jul 18 27. Jul 18 180,000 HK$0.89 HK$160,361
25. Jul 18 Buy Shiu Tong Mak Individual 25. Jul 18 25. Jul 18 60,000 HK$0.90 HK$54,000
X
Management checks
We assess CCT Fortis 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. CCT Fortis 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

Is CCT Fortis Holdings Limited's (HKG:138) CEO Paid Enough Relative To Peers?

View our latest analysis for CCT Fortis Holdings How Does Clement Mak's Compensation Compare With Similar Sized Companies? … Our data indicates that CCT Fortis Holdings Limited is worth HK$585m, and total annual CEO compensation is HK$10m. … We compared total CEO remuneration at CCT Fortis Holdings Limited with the amount paid at companies with a similar market capitalization.

Simply Wall St -

How Many CCT Fortis Holdings Limited (HKG:138) Shares Did Insiders Buy, In The Last Year?

So shareholders might well want to know whether insiders have been buying or selling shares in CCT Fortis Holdings Limited (HKG:138). … In the last twelve months there was more buying than selling by CCT Fortis Holdings insiders. … With high insider ownership and encouraging transactions, it seems like CCT Fortis Holdings insiders think the business has merit.

Simply Wall St -

Do Insiders Own Lots Of Shares In CCT Fortis Holdings Limited (HKG:138)?

CCT Fortis Holdings is a smaller company with a market capitalization of HK$611m, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for CCT Fortis Holdings SEHK:138 Ownership Summary, May 14th 2019 What Does The Lack Of Institutional Ownership Tell Us About CCT Fortis Holdings? … Insider Ownership Of CCT Fortis Holdings While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders.

Simply Wall St -

Imagine Owning CCT Fortis Holdings (HKG:138) And Wondering If The 28% Share Price Slide Is Justified

We regret to report that long term CCT Fortis Holdings Limited (HKG:138) shareholders have had that experience, with the share price dropping 28% in three years, versus a market return of about 42%. … By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During the three years that the share price fell, CCT Fortis Holdings's earnings per share (EPS) dropped by 56% each year.

Simply Wall St -

Is CCT Fortis Holdings Limited's (HKG:138) CEO Paid At A Competitive Rate?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Clement Mak's Compensation Compare With Similar Sized Companies. … Our data indicates that CCT Fortis Holdings Limited is worth HK$700m, and total annual CEO compensation is HK$16m.

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Should You Take Comfort From Insider Transactions At CCT Fortis Holdings Limited (HKG:138)?

So we'll take a look at whether insiders have been buying or selling shares in CCT Fortis Holdings Limited (HKG:138). … That means that an insider was selling shares at around the current price of HK$0.81. … We generally tread carefully if insiders have been selling on market, even if they sold slightly above the current price.

Simply Wall St -

Is CCT Fortis Holdings Limited (HKG:138) A Smart Choice For Dividend Investors?

CCT Fortis Holdings Limited (HKG:138) has pleased shareholders over the past 10 years, by paying out dividends. … Let's take a look at CCT Fortis Holdings in more detail. … See our latest analysis for CCT Fortis Holdings

Simply Wall St -

What You Must Know About CCT Fortis Holdings Limited's (HKG:138) Beta Value

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Do Insiders Own Lots Of Shares In CCT Fortis Holdings Limited (HKG:138)?

If you want to know who really controls CCT Fortis Holdings Limited (HKG:138), then you'll have to look at the makeup of its share registry. … CCT Fortis Holdings is not a large company by global standards. … Taking a look at the our data on the ownership groups (below), it's seems that.

Simply Wall St -

Does CCT Fortis Holdings Limited's (HKG:138) CEO Salary Reflect Performance?

How Does Clement Mak's Compensation Compare With Similar Sized Companies. … Our data indicates that CCT Fortis Holdings Limited is worth HK$630m, and total annual CEO compensation is HK$16m. … We examined a group of similar sized companies, with market capitalizations of below HK$1.6b

Simply Wall St -

Company Info

Description

CCT Fortis Holdings Limited, an investment holding company, invests in, develops, and trades in real estate properties. Its property portfolio comprises residential houses, retail properties and shops, office properties, industrial properties, and car parks. The company also holds and trades in securities, financial assets, and treasury products; sells and distributes Ferrari cars, and provides after-sale services; acquires, trades in, and sells classic cars, as well as offers car logistic services; and produces, invests in, and distributes films. In addition, it leases audio and lighting equipment; provides stage engineering services for pop live concerts and events; manufactures plastic components; and trades in child products. Further, the company offers artist management, advertising, and finance services; invests and trades in time pieces; publishes magazines; and manufactures casings and parts. It operates in Mainland China, Hong Kong, Macau, Europe, North America, and internationally. The company was formerly known as CCT Telecom Holdings Limited. CCT Fortis Holdings Limited is headquartered in Shatin, Hong Kong.

Details
Name: CCT Fortis Holdings Limited
138
Exchange: SEHK
Founded:
HK$584,984,672
873,111,452
Website: http://www.cct-fortis.com
Address: CCT Fortis Holdings Limited
CCT Telecom Building,
18th Floor,
Shatin,
New Territories, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 138 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 09. Jul 1992
DB XT2A Ordinary Shares Deutsche Boerse AG DE EUR 09. Jul 1992
Number of employees
Current staff
Staff numbers
467
CCT Fortis Holdings employees.
Industry
Industrial Conglomerates
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 12:44
End of day share price update: 2019/07/19 00:00
Last earnings filing: 2019/04/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.