CCT Fortis Holdings
Market Cap
HK$314.3m
Last Updated
2020/02/17 12:44 UTC
Data Sources
Company Financials
Executive Summary
CCT Fortis Holdings Limited, an investment holding company, invests in, develops, and trades in real estate properties.
Snowflake Analysis
Imperfect balance sheet and overvalued.
Share Price & News
How has CCT Fortis Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 138's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-6.7%
138
2.1%
HK Industrials
2.9%
HK Market
1 Year Return
-54.5%
138
-16.1%
HK Industrials
-3.8%
HK Market
Return vs Industry: 138 underperformed the Hong Kong Industrials industry which returned -15.6% over the past year.
Return vs Market: 138 underperformed the Hong Kong Market which returned -2.9% over the past year.
Shareholder returns
| 138 | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.7% | 2.1% | 2.9% |
| 30 Day | -15.7% | -6.7% | -4.1% |
| 90 Day | -30.0% | -4.2% | 2.9% |
| 1 Year | -54.5%-54.5% | -12.4%-16.1% | -0.2%-3.8% |
| 3 Year | -62.5%-67.6% | -8.2%-17.6% | 15.3%3.7% |
| 5 Year | -47.0%-60.2% | -7.7%-37.3% | 16.8%-2.7% |
Price Volatility Vs. Market
How volatile is CCT Fortis Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall St
Do Institutions Own CCT Fortis Holdings Limited (HKG:138) Shares?1 month ago | Simply Wall St
Is CCT Fortis Holdings (HKG:138) Using Debt In A Risky Way?2 months ago | Simply Wall St
CCT Fortis Holdings Limited (HKG:138) Insiders Increased Their HoldingsValuation
Is CCT Fortis Holdings undervalued compared to its fair value and its price relative to the market?
0.1x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 138's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 138's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 138 is unprofitable, so we can't compare its PE Ratio to the Industrials industry average.
PE vs Market: 138 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 138's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 138 is good value based on its PB Ratio (0.1x) compared to the HK Industrials industry average (0.6x).
Next Steps
Future Growth
How is CCT Fortis Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
2.3%
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 CCT Fortis Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of 138’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.
- CCT Fortis Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has CCT Fortis Holdings performed over the past 5 years?
-34.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 138 is currently unprofitable.
Growing Profit Margin: 138 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 138 is unprofitable, and losses have increased over the past 5 years at a rate of -34.8% per year.
Accelerating Growth: Unable to compare 138's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 138 is unprofitable, making it difficult to compare its past year earnings growth to the Industrials industry (3.7%).
Return on Equity
High ROE: 138 has a negative Return on Equity (-0.033%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is CCT Fortis Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 138's short term assets (HK$2.1B) exceed its short term liabilities (HK$928.0M).
Long Term Liabilities: 138's short term assets (HK$2.1B) exceed its long term liabilities (HK$1.8B).
Debt to Equity History and Analysis
Debt Level: 138's debt to equity ratio (67.9%) is considered high.
Reducing Debt: 138's debt to equity ratio has increased from 56.8% to 67.9% over the past 5 years.
Balance Sheet
Inventory Level: 138 has a high level of physical assets or inventory.
Debt Coverage by Assets: 138's debt is covered by short term assets (assets are 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: 138 has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: 138 has been profitable on average in the past, therefore cash runway is not a concern.
Next Steps
Dividend
What is CCT Fortis Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 138's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 138's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 138's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 138's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 138 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 138's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
4.4yrs
Average management tenure
CEO
Clement Mak (65yo)
26.1yrs
Tenure
HK$10,000,000
Compensation
Mr. Shiu Tong Mak, also known as Clement, has been Chairman, Chief Executive Officer and President of China Pacific, Inc. since May 1994 and CCT Land Holdings Limited since August 2002. Mr. Mak has been Ch ...
CEO Compensation Analysis
Compensation vs Market: Clement's total compensation ($USD1.29M) is above average for companies of similar size in the Hong Kong market ($USD225.53K).
Compensation vs Earnings: Clement's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 26.1yrs | HK$10.00m | 54.02% HK$169.8m | |
| Deputy Chairman | 14.2yrs | HK$3.00m | 0.16% HK$496.8k | |
| Executive Director | 22yrs | HK$2.00m | no data | |
| Group Financial Controller | 0yrs | no data | no data | |
| General Counsel | 4.4yrs | no data | no data | |
| Chief Executive Officer of The Blackbird Automotive Group | 0yrs | no data | no data | |
| Chief Operating Officer of Blackbird Automotive | 0yrs | no data | no data | |
| Managing Director of AHM | 3.9yrs | no data | no data | |
| Managing Director of Hip Hing Loong Metal Works Limited | 3.6yrs | no data | no data |
4.4yrs
Average Tenure
61yo
Average Age
Experienced Management: 138's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 26.1yrs | HK$10.00m | 54.02% HK$169.8m | |
| Deputy Chairman | 14.2yrs | HK$3.00m | 0.16% HK$496.8k | |
| Executive Director | 22yrs | HK$2.00m | no data | |
| Independent Non-Executive Director | 6.9yrs | no data | no data | |
| Independent Non-Executive Director | 20.2yrs | HK$240.00m | no data | |
| Independent Non-Executive Director | 12yrs | HK$240.00m | no data |
17.2yrs
Average Tenure
65yo
Average Age
Experienced Board: 138's board of directors are seasoned and experienced ( 17.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 138 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
CCT Fortis Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: CCT Fortis Holdings Limited
- Ticker: 138
- Exchange: SEHK
- Founded:
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: HK$314.320m
- Shares outstanding: 873.11m
- Website: https://www.cct-fortis.com
Number of Employees
Location
- CCT Fortis Holdings Limited
- CCT Telecom Building
- 18th Floor
- Shatin
- New Territories
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| XT2A | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jul 1992 |
| 138 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jul 1992 |
Biography
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.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 12:44 |
| End of Day Share Price | 2020/02/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.