Progressive Path Group Holdings
Market Cap
HK$96.5m
Last Updated
2021/04/19 10:29 UTC
Data Sources
Company Financials
Executive Summary
Progressive Path Group Holdings Limited, an investment holding company, engages in the construction works, and construction machinery rental and trading businesses. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and slightly overvalued.
Share Price & News
How has Progressive Path Group Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1581 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 22% a week.
Volatility Over Time: 1581's weekly volatility has increased from 15% to 22% over the past year.
Market Performance
7 Day Return
4.3%
1581
2.8%
HK Trade Distributors
0.7%
HK Market
1 Year Return
-39.9%
1581
29.6%
HK Trade Distributors
28.1%
HK Market
Return vs Industry: 1581 underperformed the Hong Kong Trade Distributors industry which returned 29.6% over the past year.
Return vs Market: 1581 underperformed the Hong Kong Market which returned 28.1% over the past year.
Shareholder returns
| 1581 | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.3% | 2.8% | 0.7% |
| 30 Day | 2.1% | 4.3% | -0.2% |
| 90 Day | 10.1% | 10.6% | 0.2% |
| 1 Year | -39.9%-39.9% | 33.7%29.6% | 33.4%28.1% |
| 3 Year | -80.4%-80.4% | -45.7%-48.2% | 8.1%-3.8% |
| 5 Year | n/a | -50.2%-52.0% | 56.5%28.9% |
Long-Term Price Volatility Vs. Market
How volatile is Progressive Path Group Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
Despite Lacking Profits Progressive Path Group Holdings (HKG:1581) Seems To Be On Top Of Its Debt6 months ago | Simply Wall St
Would Progressive Path Group Holdings (HKG:1581) Be Better Off With Less Debt?10 months ago | Simply Wall St
Progressive Path Group Holdings (HKG:1581) Is Making Moderate Use Of DebtValuation
Is Progressive Path Group 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: 1581 (HK$0.1) is trading below our estimate of fair value (HK$0.27)
Significantly Below Fair Value: 1581 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1581 is unprofitable, so we can't compare its PE Ratio to the HK Trade Distributors industry average.
PE vs Market: 1581 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 1581's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1581's PB Ratio (0.5x) is in line with the HK Trade Distributors industry average.
Future Growth
How is Progressive Path Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.5%
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 Progressive Path Group 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.
Past Performance
How has Progressive Path Group Holdings performed over the past 5 years?
-62.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1581 is currently unprofitable.
Growing Profit Margin: 1581 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 1581 is unprofitable, and losses have increased over the past 5 years at a rate of 62.9% per year.
Accelerating Growth: Unable to compare 1581's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1581 is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (5.5%).
Return on Equity
High ROE: 1581 has a negative Return on Equity (-5.49%), as it is currently unprofitable.
Financial Health
How is Progressive Path Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1581's short term assets (HK$244.9M) exceed its short term liabilities (HK$153.5M).
Long Term Liabilities: 1581's short term assets (HK$244.9M) exceed its long term liabilities (HK$36.8M).
Debt to Equity History and Analysis
Debt Level: 1581's debt to equity ratio (12.8%) is considered satisfactory.
Reducing Debt: 1581's debt to equity ratio has increased from 8.8% to 12.8% over the past 5 years.
Debt Coverage: 1581's debt is well covered by operating cash flow (258%).
Interest Coverage: Insufficient data to determine if 1581's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Progressive Path Group Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1581's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1581'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 1581's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1581'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 1581'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?
4.8yrs
Average management tenure
CEO
Progressive Path Group Holdings has no CEO, or we have no data on them.
Leadership Team
Experienced Management: 1581's management team is considered experienced (4.8 years average tenure).
Board Members
Experienced Board: 1581's board of directors are considered experienced (4.4 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
Progressive Path Group Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Progressive Path Group Holdings Limited
- Ticker: 1581
- Exchange: SEHK
- Founded: 2016
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: HK$96.488m
- Shares outstanding: 1.04b
- Website: https://www.ppgh.com.hk
Number of Employees
Location
- Progressive Path Group Holdings Limited
- Tuen Mun Central Square
- Unit 1108
- Tuen Mun
- New Territories
- Hong Kong
Listings
Biography
Progressive Path Group Holdings Limited, an investment holding company, engages in the construction works, and construction machinery rental and trading businesses. It undertakes various construction proje...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/19 10:29 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.