SEHK:1633

Stock Analysis Report

Sheung Yue Group Holdings

Executive Summary

Sheung Yue Group Holdings Limited, an investment holding company, provides foundation services to private and public sectors in Hong Kong and Macau.


Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

How has Sheung Yue Group Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1633's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.1%

1633

4.5%

HK Construction

4.0%

HK Market


1 Year Return

-27.5%

1633

-34.5%

HK Construction

-20.1%

HK Market

Return vs Industry: 1633 exceeded the Hong Kong Construction industry which returned -34.5% over the past year.

Return vs Market: 1633 underperformed the Hong Kong Market which returned -20.1% over the past year.


Shareholder returns

1633IndustryMarket
7 Day-4.1%4.5%4.0%
30 Day-11.9%-10.1%-11.3%
90 Day-28.8%-15.4%-15.6%
1 Year-27.5%-27.5%-31.2%-34.5%-17.2%-20.1%
3 Year-94.6%-94.6%-44.7%-50.5%-2.9%-12.7%
5 Yearn/a-48.0%-55.6%-6.8%-21.8%

Price Volatility Vs. Market

How volatile is Sheung Yue Group Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Sheung Yue 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: 1633 (HK$0.19) is trading below our estimate of fair value (HK$1.07)

Significantly Below Fair Value: 1633 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1633 is unprofitable, so we can't compare its PE Ratio to the Construction industry average.

PE vs Market: 1633 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 1633's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1633 is good value based on its PB Ratio (0.7x) compared to the HK Construction industry average (0.9x).


Next Steps

Future Growth

How is Sheung Yue Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.4%

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 Sheung Yue 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.


Next Steps

Past Performance

How has Sheung Yue Group Holdings performed over the past 5 years?

-66.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1633 is currently unprofitable.

Growing Profit Margin: 1633 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1633 is unprofitable, and losses have increased over the past 5 years at a rate of -66.7% per year.

Accelerating Growth: Unable to compare 1633's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1633 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-1.7%).


Return on Equity

High ROE: 1633 has a negative Return on Equity (-13.05%), as it is currently unprofitable.


Next Steps

Financial Health

How is Sheung Yue Group Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1633's short term assets (HK$218.8M) exceed its short term liabilities (HK$97.0M).

Long Term Liabilities: 1633's short term assets (HK$218.8M) exceed its long term liabilities (HK$6.0M).


Debt to Equity History and Analysis

Debt Level: 1633's debt to equity ratio (4.7%) is considered satisfactory.

Reducing Debt: 1633's debt to equity ratio has reduced from 21.4% to 4.7% over the past 5 years.


Balance Sheet

Inventory Level: 1633 has a high level of physical assets or inventory.

Debt Coverage by Assets: 1633's debt is covered by short term assets (assets are 27.3x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 1633 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: 1633 has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is Sheung Yue Group Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1633's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1633'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 1633's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1633'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 1633'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?

3.4yrs

Average board tenure


CEO

Edmond Chan (60yo)

no data

Tenure

HK$1,893,000

Compensation

Mr. Lap Chuen Chan, also known as Edmond, serves as the Chief Executive Officer at Sheung Yue Group Holdings Limited and has been its Executive Director March 23, 2016. He is a Co-Owner at Creative Elite G ...


CEO Compensation Analysis

Compensation vs Market: Edmond's total compensation ($USD244.21K) is about average for companies of similar size in the Hong Kong market ($USD229.07K).

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


Board Members

NamePositionTenureCompensationOwnership
Lap Chan
Executive Chairmanno dataHK$2.09mno data
Lap Chan
CEO & Executive Directorno dataHK$1.89mno data
Chin Ying Chan
Executive Director4yrsHK$1.26m0.17% HK$214.8k
Hon Hung Li
Independent Non-Executive Director3.42yrsHK$240.00kno data
Chi Cheng
Independent Non-Executive Director3.42yrsHK$240.00kno data
Yip Wong
Independent Non-Executive Director2.17yrsHK$180.00kno data

3.4yrs

Average Tenure

60.5yo

Average Age

Experienced Board: 1633's board of directors are considered experienced (3.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 1633 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sheung Yue Group Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sheung Yue Group Holdings Limited
  • Ticker: 1633
  • Exchange: SEHK
  • Founded: 1970
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$126.679m
  • Shares outstanding: 684.75m
  • Website: https://www.simonandsons.com.hk

Number of Employees


Location

  • Sheung Yue Group Holdings Limited
  • New East Ocean Centre
  • Unit 103-105, 1st Floor
  • Kowloon
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1633SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 2016

Biography

Sheung Yue Group Holdings Limited, an investment holding company, provides foundation services to private and public sectors in Hong Kong and Macau. Its foundation works include piling construction, ELS works, pile cap construction, and site formation, as well as provides ancillary services, including test and construction machinery leasing services. The company was founded in 1970 and is headquartered in Kowloon, Hong Kong. Sheung Yue Group Holdings Limited is a subsidiary of Creative Elite Global Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/28 13:32
End of Day Share Price2020/03/27 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.