SEHK:1552

Stock Analysis Report

Executive Summary

BHCC Holding Limited, an investment holding company, engages in the provision of building and construction works in Singapore.


Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has BHCC Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1552's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.0%

1552

-0.8%

HK Construction

0.2%

HK Market


1 Year Return

-49.3%

1552

-34.8%

HK Construction

-22.0%

HK Market

Return vs Industry: 1552 underperformed the Hong Kong Construction industry which returned -34.8% over the past year.

Return vs Market: 1552 underperformed the Hong Kong Market which returned -22% over the past year.


Shareholder returns

1552IndustryMarket
7 Day3.0%-0.8%0.2%
30 Day-6.1%-11.8%-10.6%
90 Day-29.2%-17.8%-15.8%
1 Year-49.3%-49.3%-31.4%-34.8%-19.1%-22.0%
3 Yearn/a-47.0%-52.6%-3.7%-13.4%
5 Yearn/a-55.9%-62.3%-15.2%-28.8%

Price Volatility Vs. Market

How volatile is BHCC Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BHCC Holding undervalued compared to its fair value and its price relative to the market?

464.38x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1552's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1552's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1552 is poor value based on its PE Ratio (464.4x) compared to the Construction industry average (7.9x).

PE vs Market: 1552 is poor value based on its PE Ratio (464.4x) compared to the Hong Kong market (9.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1552's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1552 is good value based on its PB Ratio (0.6x) compared to the HK Construction industry average (0.8x).


Next Steps

Future Growth

How is BHCC Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.4%

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 BHCC Holding 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 BHCC Holding performed over the past 5 years?

-28.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1552 has high quality earnings.

Growing Profit Margin: 1552's current net profit margins (0.04%) are lower than last year (2.9%).


Past Earnings Growth Analysis

Earnings Trend: 1552's earnings have declined by -28.1% per year over the past 5 years.

Accelerating Growth: 1552's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1552 had negative earnings growth (-98.3%) over the past year, making it difficult to compare to the Construction industry average (-2.5%).


Return on Equity

High ROE: 1552's Return on Equity (0.1%) is considered low.


Next Steps

Financial Health

How is BHCC Holding's financial position?


Financial Position Analysis

Short Term Liabilities: 1552's short term assets (SGD62.1M) exceed its short term liabilities (SGD36.7M).

Long Term Liabilities: 1552's short term assets (SGD62.1M) exceed its long term liabilities (SGD19.8M).


Debt to Equity History and Analysis

Debt Level: 1552's debt to equity ratio (48.8%) is considered high.

Reducing Debt: 1552's debt to equity ratio has increased from 0.9% to 48.8% over the past 5 years.

Debt Coverage: 1552's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 1552's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet

Inventory Level: 1552 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 1552's debt is covered by short term assets (assets are 3x debt).


Next Steps

  • Explore more healthy companies in the Capital Goods industry.

Dividend

What is BHCC Holding's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1552's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1552'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 1552's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1552's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1552'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?

2.7yrs

Average board tenure


CEO

Xinping Yang (49yo)

no data

Tenure

S$441,340

Compensation

Mr. Xinping Yang is the Co-Owner of Huada Developments Limited. Mr. Yang serves as the Chief Executive Officer of BHCC Holding Limited and has been its Chairman since March 31, 2017. Mr. Yang founded BHCC  ...


CEO Compensation Analysis

Compensation vs Market: Xinping's total compensation ($USD306.46K) is above average for companies of similar size in the Hong Kong market ($USD226.63K).

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


Board Members

NamePositionTenureCompensationOwnership
Xinping Yang
Chairman & CEOno dataS$441.34kno data
Yuying Han
Executive Director3.08yrsS$441.34k17.04% SGD23.2m
Bee Leng Chan
Independent Non-Executive Director2.67yrsS$21.82kno data
Soo Liat Ooi
Independent Non-Executive Director2.67yrsS$21.82kno data
Choong Kuen Kwong
Independent Non-Executive Director0.083yrno datano data

2.7yrs

Average Tenure

49yo

Average Age

Experienced Board: 1552's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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

BHCC Holding Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BHCC Holding Limited
  • Ticker: 1552
  • Exchange: SEHK
  • Founded: 2003
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$136.000m
  • Shares outstanding: 800.00m
  • Website: https://www.bhcc.com.sg

Number of Employees


Location

  • BHCC Holding Limited
  • No. 1 Tampines North Drive 3
  • No. 08-01 BHCC Space
  • Singapore
  • 528499
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1552SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDSep 2017

Biography

BHCC Holding Limited, an investment holding company, engages in the provision of building and construction works in Singapore. The company undertakes airport terminal, smart building, school, mixed-development, industrial building, hospital, high-rise building, data center, commercial building, clean room, cinema, and bus interchange projects, as well as hospitality, institutional, transport, healthcare, and residential developments. It also undertakes reinforcement concrete works. The company was founded in 2003 and is headquartered in Singapore. BHCC Holding Limited is a subsidiary of Huada Developments Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/05 14:48
End of Day Share Price2020/04/03 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.