Loading...

LEAP Holdings Group

SEHK:1499
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1499
SEHK
HK$710M
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

LEAP Holdings Group Limited, an investment holding company, primarily provides construction, engineering, and project management services for private sector in Hong Kong. The last earnings update was 24 days ago. More info.


Add to Portfolio Compare Print
1499 Share Price and Events
7 Day Returns
-2.1%
SEHK:1499
1.3%
HK Construction
0.6%
HK Market
1 Year Returns
-81.2%
SEHK:1499
-11.2%
HK Construction
-4.5%
HK Market
1499 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
LEAP Holdings Group (1499) -2.1% -16.5% - -81.2% -60.9% -
HK Construction 1.3% -6.1% -13.2% -11.2% -20.8% -4.4%
HK Market 0.6% 0.4% -7% -4.5% 17.8% 1.1%
1 Year Return vs Industry and Market
  • 1499 underperformed the Construction industry which returned -11.2% over the past year.
  • 1499 underperformed the Market in Hong Kong which returned -4.5% over the past year.
Price Volatility
1499
Industry
5yr Volatility vs Market

1499 Value

 Is LEAP Holdings Group 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 LEAP Holdings Group 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 LEAP Holdings Group.

SEHK:1499 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 9.5%
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:1499
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6.7%
Construction Unlevered Beta Simply Wall St/ S&P Global 1.04
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.036 (1 + (1- 25%) (20.24%))
1.13
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (1.13 * 6.65%)
9.52%

Discounted Cash Flow Calculation for SEHK:1499 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for LEAP Holdings Group 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:1499 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 9.52%)
2020 140.09 Est @ 7.34% 127.92
2021 148.14 Est @ 5.74% 123.51
2022 154.98 Est @ 4.62% 117.99
2023 160.92 Est @ 3.83% 111.87
2024 166.21 Est @ 3.28% 105.50
2025 171.03 Est @ 2.9% 99.13
2026 175.53 Est @ 2.63% 92.90
2027 179.81 Est @ 2.44% 86.90
2028 183.97 Est @ 2.31% 81.18
2029 188.05 Est @ 2.22% 75.77
Present value of next 10 years cash flows HK$1,022.68
SEHK:1499 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= HK$188.05 × (1 + 2%) ÷ (9.52% – 2%)
HK$2,553.31
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$2,553.31 ÷ (1 + 9.52%)10
HK$1,028.84
SEHK:1499 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$1,022.68 + HK$1,028.84
HK$2,051.52
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$2,051.52 / 5,262.00
HK$0.39
SEHK:1499 Discount to Share Price
Calculation Result
Value per share (HKD) From above. HK$0.39
Current discount Discount to share price of HK$0.14
= -1 x (HK$0.14 - HK$0.39) / HK$0.39
64.9%

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

Current Discount
Amount off the current price LEAP Holdings Group is available for.
Intrinsic value
>50%
Share price is HK$0.137 vs Future cash flow value of HK$0.38988
Current Discount Checks
For LEAP Holdings Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • LEAP Holdings Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • LEAP Holdings Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 LEAP Holdings Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are LEAP Holdings Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1499 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in HKD HK$-0.01
SEHK:1499 Share Price ** SEHK (2019-07-22) in HKD HK$0.14
Hong Kong Construction Industry PE Ratio Median Figure of 105 Publicly-Listed Construction Companies 10.2x
Hong Kong Market PE Ratio Median Figure of 1,512 Publicly-Listed Companies 10.77x

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

** Primary Listing of LEAP Holdings Group.

SEHK:1499 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1499 Share Price ÷ EPS (both in HKD)

= 0.14 ÷ -0.01

-26.47x

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

  • LEAP Holdings Group is loss making, we can't compare its value to the HK Construction industry average.
  • LEAP Holdings Group is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does LEAP Holdings Group's expected growth come at a high price?
Raw Data
SEHK:1499 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -26.47x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
35.1%per year
Hong Kong Construction Industry PEG Ratio Median Figure of 10 Publicly-Listed Construction Companies 0.56x
Hong Kong Market PEG Ratio Median Figure of 481 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 LEAP Holdings Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on LEAP Holdings Group's assets?
Raw Data
SEHK:1499 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in HKD HK$0.06
SEHK:1499 Share Price * SEHK (2019-07-22) in HKD HK$0.14
Hong Kong Construction Industry PB Ratio Median Figure of 136 Publicly-Listed Construction Companies 1.37x
Hong Kong Market PB Ratio Median Figure of 2,198 Publicly-Listed Companies 0.92x
SEHK:1499 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1499 Share Price ÷ Book Value per Share (both in HKD)

= 0.14 ÷ 0.06

2.11x

* Primary Listing of LEAP Holdings Group.

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

  • LEAP Holdings Group is overvalued based on assets compared to the HK Construction industry average.
X
Value checks
We assess LEAP Holdings Group'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 Construction 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 Construction industry average (and greater than 0)? (1 check)
  5. LEAP Holdings Group has a total score of 2/6, 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.

1499 Future Performance

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

  • No analysts cover LEAP Holdings Group, 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
35.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is LEAP Holdings Group expected to grow at an attractive rate?
  • LEAP Holdings Group's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • LEAP Holdings Group's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare LEAP Holdings Group's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1499 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:1499 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 35.1%
Hong Kong Construction Industry Earnings Growth Rate Market Cap Weighted Average 11.8%
Hong Kong Construction Industry Revenue Growth Rate Market Cap Weighted Average 9.6%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.3%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.6%

*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:1499 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:1499 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:1499 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-03-31 365 -27
2018-12-31 311 -32
2018-09-30 258 147 -37
2018-06-30 278 145 -6
2018-03-31 299 143 25
2017-12-31 315 65 34
2017-09-30 332 -12 43
2017-06-30 343 -72 26
2017-03-31 353 -132 8
2016-12-31 362 -105 17
2016-09-30 370 -78 26
2016-06-30 385 -45 28

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • LEAP Holdings Group's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if LEAP Holdings Group 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:1499 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from LEAP Holdings Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1499 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:1499 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-03-31 -0.01
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.01
2017-09-30 0.01
2017-06-30 0.01
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.01
2016-06-30 0.01

*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 LEAP Holdings Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess LEAP Holdings Group'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.
LEAP Holdings Group has a total score of 3/6, 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.

1499 Past Performance

  How has LEAP Holdings Group 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 LEAP Holdings Group's growth in the last year to its industry (Construction).
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.
  • LEAP Holdings Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare LEAP Holdings Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare LEAP Holdings Group's 1-year growth to the HK Construction industry average as it is not currently profitable.
Earnings and Revenue History
LEAP Holdings Group'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 LEAP Holdings Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1499 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 364.91 -27.24 53.30
2018-12-31 311.24 -32.20 49.03
2018-09-30 257.57 -37.16 44.76
2018-06-30 278.10 -5.90 41.76
2018-03-31 298.63 25.37 38.76
2017-12-31 315.38 34.28 34.91
2017-09-30 332.13 43.18 31.07
2017-06-30 342.58 25.77 30.30
2017-03-31 353.04 8.36 29.54
2016-12-31 361.63 17.29 30.47
2016-09-30 370.23 26.21 31.40
2016-06-30 384.75 27.72 31.98
2016-03-31 399.28 29.23 32.56
2015-12-31 385.87 31.63 25.36
2015-09-30 372.47 34.04 18.17
2015-06-30 338.89 36.27 14.67
2015-03-31 305.31 38.50 11.18
2014-03-31 238.54 19.35 7.02
2013-03-31 234.75 19.42 7.91

*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 LEAP Holdings Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if LEAP Holdings Group has efficiently used its assets last year compared to the HK Construction industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if LEAP Holdings Group 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 LEAP Holdings Group'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 Construction 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.
LEAP Holdings Group 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.

1499 Health

 How is LEAP Holdings Group'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 LEAP Holdings Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • LEAP Holdings Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • LEAP Holdings Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of LEAP Holdings Group'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 3.9x 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 LEAP Holdings Group Company Filings, last reported 3 months ago.

SEHK:1499 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 341.68 143.62 341.54
2018-12-31 341.68 143.62 341.54
2018-09-30 351.32 140.24 393.23
2018-06-30 351.32 140.24 393.23
2018-03-31 370.43 137.01 331.83
2017-12-31 370.43 137.01 331.83
2017-09-30 389.82 0.46 224.06
2017-06-30 389.82 0.46 224.06
2017-03-31 345.06 21.06 134.63
2016-12-31 345.06 21.06 134.63
2016-09-30 346.64 13.38 176.25
2016-06-30 346.64 13.38 176.25
2016-03-31 166.46 0.87 50.25
2015-12-31 166.46 0.87 50.25
2015-09-30 150.18 3.66 75.82
2015-06-30 150.18 3.66 75.82
2015-03-31 86.18 7.50 22.54
2014-03-31 46.91 10.98 5.49
2013-03-31 25.85 21.12 8.73
  • LEAP Holdings Group's level of debt (42.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (54.1% vs 42.1% today).
  • Debt is well covered by operating cash flow (102.4%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on LEAP Holdings Group's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess LEAP Holdings Group'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. LEAP Holdings Group has a total score of 4/6, 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.

1499 Dividends

 What is LEAP Holdings Group'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 LEAP Holdings Group dividends.
If you bought HK$2,000 of LEAP Holdings Group 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 LEAP Holdings Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate LEAP Holdings Group'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:1499 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 Construction Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 3.9%
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:1499 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as LEAP Holdings Group has not reported any payouts.
  • Unable to verify if LEAP Holdings Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of LEAP Holdings Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as LEAP Holdings Group 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 LEAP Holdings Group'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 LEAP Holdings Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. LEAP Holdings Group 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.

1499 Management

 What is the CEO of LEAP Holdings Group'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
Ren Yunan
AGE 43
TENURE AS CEO 1 years
CEO Bio

Mr. Ren Yunan has been an Executive Director, Chairman and chief executive officer of LEAP Holdings Group Ltd since 9 July 2018. Mr. Ren graduated from Peking University with a bachelor’s degree in law in 1997 and received a master’s degree in law from Harvard Law School in 1999. He was qualified to practise law both in Hong Kong and New York, the United States of America. Mr. Ren currently holds several directorships in different listed companies, including an independent non-executive director of Ronshine China Holdings Limited (a company listed on the main board of The Stock Exchange of Hong Kong Limited; and a non-executive director of Labixiaoxin Snacks Group Limited (a company listed on the main board of the Stock Exchange. Mr. Ren was an independent non-executive director of International Entertainment Corporation from May 2017 to July 2018 a non-executive director and the chairman of AVIC Joy Holdings (HK) Limited. Mr. Ren was also an independent non-executive director of China Child Care Corporation Limited from February 2011 to October 2015 and its non-executive director from October 2015 to April 2018, and a director of SPI Energy Co. Ltd. (a company listed on the National Association of Securities Dealers Automated Quotations, NASDAQ: SPI) from April 2015 to May 2017.

CEO Compensation
  • Insufficient data for Ren to compare compensation growth.
  • Insufficient data for Ren 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 LEAP Holdings Group management team in years:

1.3
Average Tenure
40
Average Age
  • The average tenure for the LEAP Holdings Group management team is less than 2 years, this suggests a new team.
Management Team

Ting Luo

TITLE
Executive Director
AGE
39

Junkan Zhu

TITLE
Executive Director
AGE
36
TENURE
1.3 yrs

Ren Yunan

TITLE
Chairman & CEO
AGE
43
TENURE
1 yrs

Lam Hon

TITLE
Financial Controller
AGE
33

Kwan Shing

TITLE
Head of Site Operation Department
AGE
54
TENURE
4.2 yrs

Yeuk Fong

TITLE
Head of Quantity Surveying Department & Senior Quantity Surveying Manager
AGE
40
TENURE
6.3 yrs

Ng Yu

TITLE
Head of Project Department and Project Manager
AGE
44
TENURE
4.2 yrs

Pauline Wong

TITLE
Joint Company Secretary
AGE
41
TENURE
0.8 yrs

Shaoming Shi

TITLE
JOINT COMPANY SECRETARY
AGE
37
TENURE
0.8 yrs
Board of Directors Tenure

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

1.1
Average Tenure
41
Average Age
  • The average tenure for the LEAP Holdings Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Ting Luo

TITLE
Executive Director
AGE
39
TENURE
1.3 yrs

Junkan Zhu

TITLE
Executive Director
AGE
36
TENURE
1.3 yrs

Ren Yunan

TITLE
Chairman & CEO
AGE
43
TENURE
1 yrs

Zhouxin Li

TITLE
Independent Non-Executive Director
COMPENSATION
HK$45K
AGE
35
TENURE
1.7 yrs

Man Chiu Lee

TITLE
Independent Non-Executive Director
AGE
46
TENURE
1.3 yrs

Guoliang Jiang

TITLE
Independent Non-Executive Director
AGE
43
TENURE
0.8 yrs

Xiaojiang Pu

TITLE
Non-Executive Director
AGE
55
TENURE
0.3 yrs

Mingxing Xu

TITLE
Non-Executive Director
AGE
34
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • LEAP Holdings Group individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
02. May 19 Sell Yunan Ren Individual 02. May 19 02. May 19 -763,710,000 HK$0.20 HK$-152,744,724
15. Apr 19 Buy OKC Holdings Corporation Company 10. Apr 19 10. Apr 19 722,135,000 HK$0.16 HK$114,456,454
X
Management checks
We assess LEAP Holdings Group'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. LEAP Holdings Group 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.

1499 News

Simply Wall St News

Should LEAP Holdings Group Limited (HKG:1499) Focus On Improving This Fundamental Metric?

Over the last twelve months LEAP Holdings Group has recorded a ROE of 6.8%. … One way to conceptualize this, is that for each HK$1 of shareholders' equity it has, the company made HK$0.068 in profit. … Check out our latest analysis for LEAP Holdings Group?

Simply Wall St -

What Does LEAP Holdings Group Limited's (HKG:1499) Ownership Structure Look Like?

In this article, I'm going to take a look at LEAP Holdings Group Limited’s (HKG:1499) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … View our latest analysis for LEAP Holdings Group

Simply Wall St -

Has LEAP Holdings Group Limited (HKG:1499) Improved Earnings In Recent Times?

Today I will take a look at LEAP Holdings Group Limited's (HKG:1499) most recent earnings update (31 March 2018) and compare these latest figures against its performance over the past few years, as well as how the rest of the construction industry performed. … See our latest analysis for LEAP Holdings Group? … 1499's trailing twelve-month earnings (from 31 March 2018) of HK$25.37m has

Simply Wall St -

Why LEAP Holdings Group Limited (HKG:1499) Delivered An Inferior ROE Compared To The Industry

and want to better understand how you can grow your money by investing in LEAP Holdings Group Limited (HKG:1499). … LEAP Holdings Group Limited (HKG:1499) delivered an ROE of 11.08% over the past 12 months, which is relatively in-line with its industry average of 11.59% during the same period. … Metrics such as financial leverage can impact the level of ROE which in turn can affect the sustainability of 1499's returns

Simply Wall St -

Want To Invest In LEAP Holdings Group Limited (HKG:1499)? Here's How It Performed Lately

Assessing LEAP Holdings Group Limited's (SEHK:1499) past track record of performance is a valuable exercise for investors. … Check out our latest analysis for LEAP Holdings Group How Did 1499's Recent Performance Stack Up Against Its Past? … For LEAP Holdings Group, its most recent earnings (trailing twelve month) is HK$43.18M, which, relative to the prior year's level, has moved up by a significant 64.74%.

Simply Wall St -

1499 Company Info

Description

LEAP Holdings Group Limited, an investment holding company, primarily provides construction, engineering, and project management services for private sector in Hong Kong. It operates through Foundation Works and Ancillary Services, Construction Wastes Handling, Investments in Securities, and Money Lending segments. The company provides site formation, excavation and lateral support, piling construction, pile caps or footing construction, and reinforced concrete structure works; and ancillary services, such as hoarding and demolition works, as well as leases machinery. It also manages and operates public fill reception facilities, including public fill banks and temporary construction waste sorting facilities for construction and demolition materials; invests in securities; and lends money. The company was founded in 2001 and is headquartered in Causeway Bay, Hong Kong. As of January 14, 2019, LEAP Holdings Group Limited operates as a subsidiary of OKC Holdings Corporation.

Details
Name: LEAP Holdings Group Limited
1499
Exchange: SEHK
Founded: 2001
HK$710,370,000
5,262,000,000
Website: http://www.leap.com.hk
Address: LEAP Holdings Group Limited
Sino Plaza,
9th Floor,
Causeway Bay,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1499 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 02. Sep 2015
Number of employees
Current staff
Staff numbers
148
LEAP Holdings Group employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 12:59
End of day share price update: 2019/07/22 00:00
Last estimates confirmation: 2018/06/22
Last earnings filing: 2019/06/28
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


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.