SEHK:1447

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SFK Construction Holdings

Executive Summary

SFK Construction Holdings Limited, an investment holding company, engages in the construction and maintenance of building and civil engineering projects primarily in Hong Kong.


Snowflake Analysis

Fair value with mediocre balance sheet.


Similar Companies

Share Price & News

How has SFK Construction Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1447's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.9%

1447

2.1%

HK Construction

5.8%

HK Market


1 Year Return

-65.0%

1447

-24.1%

HK Construction

-4.0%

HK Market

Return vs Industry: 1447 underperformed the Hong Kong Construction industry which returned -24.1% over the past year.

Return vs Market: 1447 underperformed the Hong Kong Market which returned -4% over the past year.


Shareholder returns

1447IndustryMarket
7 Day-7.9%2.1%5.8%
30 Day-5.4%-1.1%4.0%
90 Day-16.7%-14.3%-2.6%
1 Year-62.7%-65.0%-20.0%-24.1%-0.6%-4.0%
3 Year-71.8%-77.1%-35.9%-42.7%1.3%-9.2%
5 Yearn/a-47.4%-55.1%-9.2%-23.5%

Price Volatility Vs. Market

How volatile is SFK Construction Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SFK Construction Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1447 (HK$0.7) is trading below our estimate of fair value (HK$3.52)

Significantly Below Fair Value: 1447 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1447 is unprofitable, so we can't compare its PE Ratio to the Construction industry average.

PE vs Market: 1447 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 1447's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1447 is good value based on its PB Ratio (0.6x) compared to the HK Construction industry average (0.9x).


Next Steps

Future Growth

How is SFK Construction Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.4%

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 SFK Construction 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

Past Performance

How has SFK Construction Holdings performed over the past 5 years?

0.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1447 is currently unprofitable.

Growing Profit Margin: 1447 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1447 is unprofitable, but has reduced losses over the past 5 years at a rate of 0.7% per year.

Accelerating Growth: Unable to compare 1447's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1447 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-7.7%).


Return on Equity

High ROE: 1447 has a negative Return on Equity (-6.56%), as it is currently unprofitable.


Next Steps

Financial Health

How is SFK Construction Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1447's short term assets (HK$2.2B) exceed its short term liabilities (HK$1.9B).

Long Term Liabilities: 1447's short term assets (HK$2.2B) exceed its long term liabilities (HK$54.3M).


Debt to Equity History and Analysis

Debt Level: 1447's debt to equity ratio (91.1%) is considered high.

Reducing Debt: 1447's debt to equity ratio has increased from 0.4% to 91.1% over the past 5 years.

Debt Coverage: 1447's debt is well covered by operating cash flow (36.3%).

Interest Coverage: Insufficient data to determine if 1447's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is SFK Construction Holdings's current dividend yield, its reliability and sustainability?

5.71%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1447's dividend (5.71%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.43%).

High Dividend: 1447's dividend (5.71%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.03%).


Stability and Growth of Payments

Stable Dividend: 1447 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 1447 has only been paying a dividend for 4 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: 1447 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.4yrs

Average board tenure


CEO

Ki Chun Chan (63yo)

no data

Tenure

HK$1,658,000

Compensation

Mr. Ki Chun Chan served as the Chief project manager at SFK Civil at SFK Construction Holdings Ltd. since March 1989. Prior to joining SFK Construction Holdings Ltd., Mr. Chan served as Associate at Ove Ar ...


CEO Compensation Analysis

Compensation vs Market: Ki Chun's total compensation ($USD213.93K) is about average for companies of similar size in the Hong Kong market ($USD228.98K).

Compensation vs Earnings: Ki Chun's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Ki Chun Chan
Chairman & Group MDno dataHK$1.66mno data
Cho Yin Yeung
CFO & Executive Director5.42yrsHK$1.35mno data
Chor Tung Chan
Director of Construction & Civil Division and Executive Director5.92yrsHK$1.89mno data
Kim Man Yung
Director of Construction & Civil Division and Executive Director5.92yrsHK$2.19mno data
Leung Tsun Lam
Independent Non-Executive Director4.58yrsHK$120.00kno data
Fun Kwong Jim
Independent Non-Executive Director4.58yrsHK$120.00kno data
Kim Hung Chan
Independent Non-Executive Director4.58yrsHK$120.00kno data

5.4yrs

Average Tenure

62yo

Average Age

Experienced Board: 1447's board of directors are considered experienced (5.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

SFK Construction Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SFK Construction Holdings Limited
  • Ticker: 1447
  • Exchange: SEHK
  • Founded: 2007
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$280.000m
  • Shares outstanding: 400.00m
  • Website: https://www.sfkchl.com.hk

Number of Employees


Location

  • SFK Construction Holdings Limited
  • Hopewell Centre
  • 43rd Floor
  • Wan Chai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1447SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2015

Biography

SFK Construction Holdings Limited, an investment holding company, engages in the construction and maintenance of building and civil engineering projects primarily in Hong Kong. It operates through three segments: General Building, Civil Engineering, and Others. The company undertakes construction projects in Macau under the SFK brand. It also offers engineering services for substructure or superstructure of building structures and infrastructure facilities; and maintenance, repair, addition, and alteration services to building structures and infrastructure facilities, as well as undertakes road construction works. In addition, the company provides housing and property management services, such as cleaning and security management, and building information modeling services, as well as electrical and mechanical engineering, and consultancy services. It serves customers in the public and private sectors. The company was incorporated in 2007 and is headquartered in Wan Chai, Hong Kong. SFK Construction Holdings Limited is a subsidiary of Sun Fook Kong Group Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/06 13:13
End of Day Share Price2020/06/05 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.