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Kwan On Holdings

SEHK:1559
Snowflake Description

Excellent balance sheet with concerning outlook.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1559
SEHK
HK$686M
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

Kwan On Holdings Limited, an investment holding company, engages in the construction and maintenance works on civil engineering contracts in Hong Kong. The last earnings update was 25 days ago. More info.


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  • Kwan On Holdings has significant price volatility in the past 3 months.
1559 Share Price and Events
7 Day Returns
-3.7%
SEHK:1559
0.1%
HK Construction
-0.7%
HK Market
1 Year Returns
-40.2%
SEHK:1559
-13.6%
HK Construction
-5.7%
HK Market
1559 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Kwan On Holdings (1559) -3.7% -7.1% -21.2% -40.2% -38.1% -
HK Construction 0.1% -7.5% -13% -13.6% -22% -5.7%
HK Market -0.7% -0.9% -8.1% -5.7% 16.3% -0.3%
1 Year Return vs Industry and Market
  • 1559 underperformed the Construction industry which returned -13.6% over the past year.
  • 1559 underperformed the Market in Hong Kong which returned -5.7% over the past year.
Price Volatility
1559
Industry
5yr Volatility vs Market

Value

 Is Kwan On Holdings 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
  • It is not possible to calculate the future cash flow value for Kwan On Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.52.
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 Kwan On Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Kwan On Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1559 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in HKD HK$0.02
SEHK:1559 Share Price ** SEHK (2019-07-22) in HKD HK$0.52
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 10.66x

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

** Primary Listing of Kwan On Holdings.

SEHK:1559 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1559 Share Price ÷ EPS (both in HKD)

= 0.52 ÷ 0.02

23.57x

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

  • Kwan On Holdings is overvalued based on earnings compared to the HK Construction industry average.
  • Kwan On Holdings is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Kwan On Holdings's expected growth come at a high price?
Raw Data
SEHK:1559 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 23.57x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
11.3%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 Kwan On Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Kwan On Holdings's assets?
Raw Data
SEHK:1559 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in HKD HK$0.34
SEHK:1559 Share Price * SEHK (2019-07-22) in HKD HK$0.52
Hong Kong Construction Industry PB Ratio Median Figure of 136 Publicly-Listed Construction Companies 1.38x
Hong Kong Market PB Ratio Median Figure of 2,198 Publicly-Listed Companies 0.92x
SEHK:1559 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1559 Share Price ÷ Book Value per Share (both in HKD)

= 0.52 ÷ 0.34

1.54x

* Primary Listing of Kwan On Holdings.

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

  • Kwan On Holdings is overvalued based on assets compared to the HK Construction industry average.
X
Value checks
We assess Kwan On Holdings'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. Kwan On Holdings has a total score of 0/6, 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.

Future Performance

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

  • No analysts cover Kwan On Holdings, 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
11.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Kwan On Holdings expected to grow at an attractive rate?
  • Kwan On Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Kwan On Holdings's earnings growth is positive but not above the Hong Kong market average.
  • Unable to compare Kwan On Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1559 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:1559 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 11.3%
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 11.4%
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:1559 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:1559 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-03-31 732 24
2018-12-31 630 27
2018-09-30 528 -144 30
2018-06-30 583 -128 28
2018-03-31 637 -113 27
2017-12-31 657 -61 26
2017-09-30 677 -9 24
2017-06-30 739 28
2017-03-31 780 24 33
2016-12-31 820 24
2016-09-30 787 -18 21
2016-06-30 766 27

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Kwan On Holdings's earnings are expected to grow by 11.3% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Kwan On Holdings 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:1559 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 Kwan On Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1559 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-03-31 0.02
2018-12-31 0.02
2018-09-30 0.03
2018-06-30 0.03
2018-03-31 0.03
2017-12-31 0.03
2017-09-30 0.03
2017-06-30 0.03
2017-03-31 0.03
2016-12-31 0.02
2016-09-30 0.02
2016-06-30 0.03

*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 Kwan On Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Kwan On Holdings'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.
Kwan On Holdings has a total score of 1/6, 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.

Past Performance

  How has Kwan On Holdings 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 Kwan On Holdings'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.
  • Kwan On Holdings's year on year earnings growth rate has been positive over the past 5 years.
  • Kwan On Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Kwan On Holdings's 1-year earnings growth is negative, it can't be compared to the HK Construction industry average.
Earnings and Revenue History
Kwan On Holdings'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 Kwan On Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1559 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 731.84 24.27 36.58
2018-12-31 630.01 27.05 36.51
2018-09-30 528.18 29.84 36.45
2018-06-30 582.72 28.46 33.88
2018-03-31 637.25 27.08 31.31
2017-12-31 657.08 25.78 28.55
2017-09-30 676.91 24.49 25.79
2017-06-30 738.61 28.48 28.08
2017-03-31 780.40 33.34 27.83
2016-12-31 819.81 23.75 26.58
2016-09-30 787.02 21.14 25.00
2016-06-30 765.58 27.43 24.26
2016-03-31 719.77 27.00 23.92
2015-12-31 726.75 32.02 31.86
2015-09-30 713.38 30.85 31.05
2015-06-30 728.24 19.52 29.70
2015-03-31 693.15 17.41 29.82
2014-12-31 586.38 19.05 20.91
2014-09-30 572.16 19.89 21.10
2014-06-30 435.60 21.67 20.48
2014-03-31 393.28 20.04 20.51
2013-03-31 311.88 1.48 18.83

*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.
  • Kwan On Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Kwan On Holdings used its assets less efficiently than the HK Construction industry average last year based on Return on Assets.
  • Kwan On Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Kwan On Holdings'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.
Kwan On Holdings has a total score of 1/6, 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.

Health

 How is Kwan On Holdings'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 Kwan On Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Kwan On Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Kwan On Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Kwan On Holdings'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 4.3x 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 Kwan On Holdings Company Filings, last reported 3 months ago.

SEHK:1559 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 372.69 126.48 112.74
2018-12-31 372.69 126.48 112.74
2018-09-30 372.49 90.02 164.97
2018-06-30 372.49 90.02 164.97
2018-03-31 343.13 46.14 170.46
2017-12-31 343.13 46.14 170.46
2017-09-30 139.69 61.61 112.73
2017-06-30 139.69 61.61 112.73
2017-03-31 135.48 168.90 194.37
2016-12-31 135.48 168.90 194.37
2016-09-30 116.19 37.22 205.36
2016-06-30 103.34 72.56 107.15
2016-03-31 103.34 72.44 107.15
2015-12-31
2015-09-30 94.89 43.66 80.57
2015-06-30 77.37 73.86 78.78
2015-03-31 77.37 73.62 78.78
2014-12-31
2014-09-30 25.27 60.29 42.15
2014-06-30 17.83 43.79 67.04
2014-03-31 17.83 43.44 67.04
2013-03-31 -12.40 65.62 2.84
  • Kwan On Holdings's level of debt (33.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (245.6% vs 33.9% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 20.1x coverage).
X
Financial health checks
We assess Kwan On Holdings'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. Kwan On Holdings has a total score of 5/6, 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.

Dividends

 What is Kwan On Holdings'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 Kwan On Holdings dividends.
If you bought HK$2,000 of Kwan On Holdings 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 Kwan On Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Kwan On Holdings'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:1559 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 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

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

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

Management

 What is the CEO of Kwan On Holdings'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
Ming Tao
COMPENSATION HK$4,491,250
AGE 55
TENURE AS CEO 1.4 years
CEO Bio

Mr. Ming Tao has been Chief Executive Officer of Kwan On Holdings Ltd. since February 9, 2018. Mr. Tao was the Director of the Nanjing Drainage Construction and Management Division from January 1997 to June 2003 and was the President of the Nanjing Drainage Company. In January 2001, Mr. Tao was appointed as the Chief Commander of the Nanjing Jiang Xin Zhou Sewage Treatment System and Nanjing Xianlin University City Sewage Treatment System Engineering Headquarters and as the Vice Chairman of the China Drainage Professional Committee. Mr. Tao was an Executive Director and the Chief Executive Officer of the Keyne Group from July 2003 to 2006. From 2012 to 2013, Mr. Tao was appointed as an Executive Director and the Chief Executive Officer of the Nanjing 1912 Group, the Vice President of the China Federation of Urban Commercial Outlets Construction Administration and the Deputy Secretary-General of the China Commercial Real Estate Association. Mr. Tao was appointed as Project Consultant of Jiangsu Provincial Construction Group Co., Ltd. from 2013 to 2017. He is an engineer. Mr. Tao graduated from the Nanjing Southeast University with a professional qualification in Civil Engineering and obtained a Master of Business Administration Degree jointly awarded by the School of Business of the Nanjing University and the Maastricht School of Management in the Netherlands in July 2005.

CEO Compensation
  • Insufficient data for Ming to compare compensation growth.
  • Ming's remuneration is higher than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Kwan On Holdings management team in years:

1.4
Average Tenure
49.5
Average Age
  • The average tenure for the Kwan On Holdings management team is less than 2 years, this suggests a new team.
Management Team

Zhenghua Chen

TITLE
Chairman
COMPENSATION
HK$1M
AGE
55

Ming Tao

TITLE
Chief Executive Officer
COMPENSATION
HK$4M
AGE
55
TENURE
1.4 yrs

Zhang Fangbing

TITLE
Compliance Officer & Executive Director
COMPENSATION
HK$960K
AGE
41
TENURE
2.1 yrs

Wa Wong

TITLE
Executive Director
COMPENSATION
HK$600K
AGE
59

Lei Cao

TITLE
Executive Director
COMPENSATION
HK$360K
AGE
44
TENURE
1.4 yrs

Kwok Fung

TITLE
CFO & Secretary
TENURE
0.4 yrs

Zhi Shen

TITLE
Chief Operating Officer
AGE
41
TENURE
1.4 yrs
Board of Directors Tenure

Average tenure and age of the Kwan On Holdings board of directors in years:

2.1
Average Tenure
55
Average Age
  • The average tenure for the Kwan On Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Zhenghua Chen

TITLE
Chairman
COMPENSATION
HK$1M
AGE
55
TENURE
2.1 yrs

Zhang Fangbing

TITLE
Compliance Officer & Executive Director
COMPENSATION
HK$960K
AGE
41
TENURE
2.1 yrs

Wa Wong

TITLE
Executive Director
COMPENSATION
HK$600K
AGE
59
TENURE
2.9 yrs

Lei Cao

TITLE
Executive Director
COMPENSATION
HK$360K
AGE
44
TENURE
1.4 yrs

Simon Lam

TITLE
Independent Non-Executive Director
COMPENSATION
HK$150K
AGE
60
TENURE
4.3 yrs

Pak Sum Lum

TITLE
Independent Non-Executive Director
COMPENSATION
HK$150K
AGE
58
TENURE
2.9 yrs

Zhenzhi Gong

TITLE
Independent Non-Executive Director
AGE
48
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
05. Jul 19 Buy Splendid Horizon Limited Company 02. Jul 19 02. Jul 19 220,000,000 HK$0.49 HK$106,700,256
X
Management checks
We assess Kwan On Holdings'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. Kwan On Holdings 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.

News

Simply Wall St News

Can We See Significant Insider Ownership On The Kwan On Holdings Limited (HKG:1559) Share Register?

View our latest analysis for Kwan On Holdings SEHK:1559 Ownership Summary, July 23rd 2019 What Does The Lack Of Institutional Ownership Tell Us About Kwan On Holdings? … Insider Ownership Of Kwan On Holdings The definition of an insider can differ slightly between different countries, but members of the board of directors always count. … General Public Ownership The general public, who are mostly retail investors, collectively hold 56% of Kwan On Holdings shares.

Simply Wall St -

Why Kwan On Holdings Limited’s (HKG:1559) Use Of Investor Capital Doesn’t Look Great

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Kwan On Holdings: 0.089 = HK$33m ÷ (HK$641m - HK$267m) (Based on the trailing twelve months to March 2019.) So, Kwan On Holdings has an ROCE of 8.9%. … What Are Current Liabilities, And How Do They Affect Kwan On Holdings's ROCE? … The ROCE equation subtracts current liabilities from capital employed, so a company with a lot of current liabilities appears to have less capital employed, and a higher ROCE than otherwise.

Simply Wall St -

Can Kwan On Holdings Limited (HKG:1559) Improve Its Returns?

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Kwan On Holdings: 8.5% = HK$30m ÷ HK$372m (Based on the trailing twelve months to September 2018.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … In the latter case, the debt required for growth will boost returns, but will not impact the shareholders' equity. … In my book the highest quality companies have high return on equity, despite low debt.

Simply Wall St -

Volatility 101: Should Kwan On Holdings (HKG:1559) Shares Have Dropped 41%?

Even though the Kwan On Holdings share price is down over the year, its EPS actually improved. … The divergence between the EPS and the share price is quite notable, during the year. … Many investors see falling revenue as a likely precursor to lower earnings, so this could well explain the weak share price

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Could The Kwan On Holdings Limited (HKG:1559) Ownership Structure Tell Us Something Useful?

If you want to know who really controls Kwan On Holdings Limited (HKG:1559), then you'll have to look at the makeup of its share registry. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … Kwan On Holdings is a smaller company with a market capitalization of HK$616m, so it may still be flying under the radar of many institutional investors.

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Understanding Your Return On Investment In Kwan On Holdings Limited (HKG:1559)

Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … To understand Kwan On Holdings’s capital returns we will look at a useful metric called return on capital employed. … Kwan On Holdings's Return On Capital Employed

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Should You Be Tempted To Sell Kwan On Holdings Limited (HKG:1559) At Its Current PE Ratio?

I am writing today to help inform people who are new to the stock market. … and want to learn about the link between company’s fundamentals and stock market performance. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind.

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Why Kwan On Holdings Limited's (HKG:1559) Ownership Structure Is Important

In this article, I'm going to take a look at Kwan On Holdings Limited’s (HKG:1559) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Ownership structure of a company has been found to affect share performance over time. … View our latest analysis for Kwan On Holdings

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Is Kwan On Holdings Limited (HKG:1559) A Financially Sound Company?

Kwan On Holdings Limited (HKG:1559) is a small-cap stock with a market capitalization of HK$1.32b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is

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Is Kwan On Holdings Limited (HKG:1559) A Sell At Its Current PE Ratio?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for 1559 Price per share = HK$1 Earnings per share = HK$0.026 ∴ Price-Earnings Ratio = HK$1 ÷ HK$0.026 = 39.2x On its own, the P/E ratio doesn’t tell you much; however, it becomes extremely useful when you compare it with other similar companies. … For example, if you inadvertently compared riskier firms with 1559, then investors would naturally value 1559 at a higher price since it is a less risky investment. … Similarly, if you accidentally compared lower growth firms with 1559, investors would also value 1559 at a higher price since it is a higher growth investment.

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Company Info

Description

Kwan On Holdings Limited, an investment holding company, engages in the construction and maintenance works on civil engineering contracts in Hong Kong. The company undertakes works related to buildings, waterworks, site formation, roads, and drainage, as well as offers slopes landslip prevention and mitigation, and walls retaining services. It is also involved in the provision of contracting work on civil plumbing, fire protection, insulation, concrete repair, and related activities; and construction site workmen services, as well as the trading of diesel. The company was founded in 1975 and is headquartered in Hong Kong, Hong Kong.

Details
Name: Kwan On Holdings Limited
1559
Exchange: SEHK
Founded: 1975
HK$686,400,000
1,320,000,000
Website: http://www.kwanonconstruction.com
Address: Kwan On Holdings Limited
Unit 2801, 118 Connaught Road West,
Hong Kong,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1559 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 27. Mar 2015
Number of employees
Current staff
Staff numbers
281
Kwan On Holdings employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/23 12:55
End of day share price update: 2019/07/22 00:00
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.