Progressive Path Group Holdings
Market Cap
HK$161.9m
Last Updated
2019/10/19 12:50 UTC
Data Sources
Company Financials
Executive Summary
Progressive Path Group Holdings Limited, an investment holding company, engages in the construction works, construction machinery rental, and construction machinery trading businesses.
Snowflake
Fundamentals
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
Market Performance
7 Day Return
10.6%
1581
7.5%
HK Trade Distributors
0.9%
HK Market
1 Year Return
-41.1%
1581
11.6%
HK Trade Distributors
0.6%
HK Market
Return vs Industry: 1581 underperformed the Hong Kong Trade Distributors industry which returned 11.6% over the past year.
Return vs Market: 1581 underperformed the Hong Kong Market which returned 0.6% over the past year.
Shareholder returns
| 1581 | Industry | Market | |
|---|---|---|---|
| 7 Day | 10.6% | 7.5% | 0.9% |
| 30 Day | -25.0% | -7.8% | 0.4% |
| 90 Day | -37.1% | 8.2% | -5.5% |
| 1 Year | -41.1%-41.1% | 15.0%11.6% | 4.2%0.6% |
| 3 Year | n/a | -7.8%-16.2% | 15.5%3.9% |
| 5 Year | n/a | -38.4%-50.5% | 19.9%-0.1% |
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
1 week ago | Simply Wall St
How Much Of Progressive Path Group Holdings Limited (HKG:1581) Do Insiders Own?1 month ago | Simply Wall St
The Progressive Path Group Holdings (HKG:1581) Share Price Is Down 33% So Some Shareholders Are Getting Worried2 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
Undervalued: 1581 (HK$0.16) is trading below our estimate of fair value (HK$0.37)
Significantly Undervalued: 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 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
Low 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 is overvalued based on its PB Ratio (0.8x) compared to the HK Trade Distributors industry average (0.6x).
Next Steps
Future Growth
How is Progressive Path Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
38.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1581 is forecast to remain unprofitable over the next 3 years.
Earnings vs Market: 1581 is forecast to remain unprofitable over the next 3 years.
High Growth Earnings: 1581 is forecast to remain unprofitable over the next 3 years.
Revenue vs Market: Insufficient data to determine if 1581's revenue is forecast to grow faster than the Hong Kong market.
High Growth Revenue: Insufficient data to determine if 1581's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if 1581's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Progressive Path Group Holdings performed over the past 5 years?
-58.8%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 1581 is unprofitable, and losses have increased over the past 5 years at a rate of -58.8% 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 (1%).
Return on Equity
High ROE: 1581 has a negative Return on Equity (-22.32%), as it is currently unprofitable.
Return on Assets
ROA vs Industry: 1581 is currently unprofitable, so its Return on Assets is negative.
Return on Capital Employed
ROCE Improving: 1581 is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is Progressive Path Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1581's short term assets (HK$237.7M) exceeds its short term liabilities (HK$102.1M)
Long Term Liabilities: 1581's short term assets (237.7M) exceeds its long term liabilities (45.3M)
Debt to Equity History and Analysis
Debt Level: 1581's debt to equity ratio (23.6%) is considered satisfactory
Reducing Debt: 1581's debt to equity ratio has increased from 0.02% to 23.6% over the past 5 years.
Debt Coverage: 1581's debt is well covered by operating cash flow (93.7%).
Interest Coverage: Insufficient data to determine if 1581's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: 1581 has a high level of physical assets or inventory.
Debt Coverage by Assets: 1581's debt is covered by short term assets (assets are 4.935180x debt).
Next Steps
Dividend
What is Progressive Path Group Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate 1581's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 1581's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
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
What is the CEO of Progressive Path Group Holdings's salary, the management and board of directors tenure and is there insider trading?
3.3yrs
Average management tenure
CEO
Progressive Path Group Holdings has no CEO, or we have no data on them.
Management Age and Tenure
3.3yrs
Average Tenure
43.5yo
Average Age
Experienced Management: 1581's management team is considered experienced (3.3 years average tenure).
Board Age and Tenure
2.9yrs
Average Tenure
42yo
Average Age
Experienced Board: 1581's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Wing Hang Wu (41yo)
Executive Chairman
- Tenure: 3.3yrs
- Compensation: HK$3.59m
Tak Ming Chan (53yo)
Executive Director
- Tenure: 3.4yrs
- Compensation: HK$408.00k
Ying Ying Lee (45yo)
CFO & Company Secretary
- Tenure: 3.3yrs
Melody Kwok (42yo)
Human Resources & Administration Manager
- Tenure: 0yrs
Board Members
Man Tai Lee (42yo)
Independent Non-Executive Director
- Tenure: 2.9yrs
- Compensation: HK$60.00k
Ernest Wong (51yo)
Independent Non-Executive Director
- Tenure: 2.9yrs
- Compensation: HK$60.00k
Ka Fai Leung (40yo)
Independent Non-Executive Director
- Tenure: 2.9yrs
- Compensation: HK$60.00k
Wing Hang Wu (41yo)
Executive Chairman
- Tenure: 3.3yrs
- Compensation: HK$3.59m
Tak Ming Chan (53yo)
Executive Director
- Tenure: 3.4yrs
- Compensation: HK$408.00k
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$161.850m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1581 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Dec 2016 |
Biography
Progressive Path Group Holdings Limited, an investment holding company, engages in the construction works, construction machinery rental, and construction machinery trading businesses. It undertakes variou ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/19 12:50 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/03/31 |
| Annual Earnings | 2019/03/31 |
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.