SEHK:1546

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Thelloy Development Group

Executive Summary

Thelloy Development Group Limited, an investment holding company, provides building construction services primarily in Hong Kong. More Details


Snowflake Analysis

Flawless balance sheet with poor track record.

Share Price & News

How has Thelloy Development Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1546 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 1546's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-4.0%

1546

-1.8%

HK Construction

1.5%

HK Market


1 Year Return

-48.8%

1546

-10.1%

HK Construction

11.3%

HK Market

Return vs Industry: 1546 underperformed the Hong Kong Construction industry which returned -10.1% over the past year.

Return vs Market: 1546 underperformed the Hong Kong Market which returned 11.3% over the past year.


Shareholder returns

1546IndustryMarket
7 Day-4.0%-1.8%1.5%
30 Day-10.7%1.8%10.1%
90 Day-24.7%-0.4%7.5%
1 Year-47.4%-48.8%-5.6%-10.1%15.9%11.3%
3 Year-55.6%-61.6%-30.7%-39.1%1.7%-8.9%
5 Year-20.9%-33.8%-29.7%-41.8%33.3%10.9%

Long-Term Price Volatility Vs. Market

How volatile is Thelloy Development Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Thelloy Development Group undervalued compared to its fair value and its price relative to the market?

40.29x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1546 (HK$0.19) is trading above our estimate of fair value (HK$0.07)

Significantly Below Fair Value: 1546 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1546 is poor value based on its PE Ratio (40.3x) compared to the HK Construction industry average (7.9x).

PE vs Market: 1546 is poor value based on its PE Ratio (40.3x) compared to the Hong Kong market (11.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1546's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1546 is overvalued based on its PB Ratio (1.2x) compared to the HK Construction industry average (0.9x).


Next Steps

Future Growth

How is Thelloy Development Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.5%

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 Thelloy Development Group has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Thelloy Development Group performed over the past 5 years?

12.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1546 has a large one-off loss of HK$4.4M impacting its September 30 2020 financial results.

Growing Profit Margin: 1546's current net profit margins (1.3%) are lower than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: 1546's earnings have grown by 12.1% per year over the past 5 years.

Accelerating Growth: 1546's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1546 had negative earnings growth (-90.4%) over the past year, making it difficult to compare to the Construction industry average (-6.7%).


Return on Equity

High ROE: 1546's Return on Equity (2.9%) is considered low.


Next Steps

Financial Health

How is Thelloy Development Group's financial position?


Financial Position Analysis

Short Term Liabilities: 1546's short term assets (HK$148.0M) exceed its short term liabilities (HK$106.8M).

Long Term Liabilities: 1546 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 1546's debt to equity ratio (7.1%) is considered satisfactory.

Reducing Debt: 1546 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: 1546's debt is well covered by operating cash flow (283.1%).

Interest Coverage: 1546's interest payments on its debt are well covered by EBIT (10.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Thelloy Development Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1546's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1546's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1546's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1546's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1546 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 1546'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?

5.2yrs

Average board tenure


CEO

Eddie Lam (61 yo)

no data

Tenure

HK$2,418,000

Compensation

Mr. Kin Wing Lam, also known as Eddie, serves as Chief Executive at Thelloy Development Group Ltd. He served as a as a construction technician at Hsin Chong Construction Co., Ltd from September 1977 to Sep...


CEO Compensation Analysis

Compensation vs Market: Eddie's total compensation ($USD311.97K) is above average for companies of similar size in the Hong Kong market ($USD230.41K).

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


Board Members

NamePositionTenureCompensationOwnership
Kin Wing Lam
Chairman & Chief Executiveno dataHK$2.42m72.5%
HK$ 116.0m
Yu Hang Shut
GM & Executive Director5.33yrsHK$2.41mno data
Koon Man Chung
Executive Director4.58yrsHK$4.02m0.25%
HK$ 400.0k
Kwong On Wong
Independent Non-Executive Director5.17yrsHK$216.00kno data
Ting Kwan Tse
Independent Non-Executive Director5.17yrsHK$216.00kno data
Chi Wang Tang
Independent Non-Executive Director5.17yrsHK$216.00kno data

5.2yrs

Average Tenure

58yo

Average Age

Experienced Board: 1546's board of directors are considered experienced (5.2 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

Thelloy Development Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Thelloy Development Group Limited
  • Ticker: 1546
  • Exchange: SEHK
  • Founded: 1982
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$160.000m
  • Shares outstanding: 800.00m
  • Website: https://www.thelloy.com

Number of Employees


Location

  • Thelloy Development Group Limited
  • Centre 600
  • 2nd Floor
  • Kowloon
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1546SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2015

Biography

Thelloy Development Group Limited, an investment holding company, provides building construction services primarily in Hong Kong. The company also offers repair, maintenance, alteration, and addition work ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/30 10:09
End of Day Share Price2020/11/30 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.