SEHK:1662

Stock Analysis Report

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Executive Summary

Yee Hop Holdings Limited, an investment holding company, provides engineering and construction services for private and public sectors in Hong Kong and internationally.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has Yee Hop Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1662 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

8.1%

1662

1.4%

HK Construction

1.4%

HK Market


1 Year Return

-13.1%

1662

-17.5%

HK Construction

3.1%

HK Market

Return vs Industry: 1662 exceeded the Hong Kong Construction industry which returned -19.9% over the past year.

Return vs Market: 1662 underperformed the Hong Kong Market which returned 0.4% over the past year.


Shareholder returns

1662IndustryMarket
7 Day8.1%1.4%1.4%
30 Day16.1%0.08%-0.8%
90 Day6.8%-0.3%8.8%
1 Year-13.1%-13.1%-13.1%-17.5%7.4%3.1%
3 Year63.2%63.2%-37.7%-45.6%-0.2%-10.9%
5 Yearn/a-39.9%-50.2%8.9%-9.3%

Price Volatility Vs. Market

How volatile is Yee Hop Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Yee Hop Holdings undervalued compared to its fair value and its price relative to the market?

35.19x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1662's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1662's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1662 is poor value based on its PE Ratio (35.2x) compared to the HK Construction industry average (8.3x).

PE vs Market: 1662 is poor value based on its PE Ratio (35.2x) compared to the Hong Kong market (10.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1662's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1662 is overvalued based on its PB Ratio (2.6x) compared to the HK Construction industry average (0.8x).


Next Steps

Future Growth

How is Yee Hop Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.2%

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 Yee Hop 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 Yee Hop Holdings performed over the past 5 years?

-27.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1662 has a high level of non-cash earnings.

Growing Profit Margin: 1662's current net profit margins (2.5%) are lower than last year (6.8%).


Past Earnings Growth Analysis

Earnings Trend: 1662's earnings have declined by 27.2% per year over the past 5 years.

Accelerating Growth: 1662's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1662 had negative earnings growth (-40.1%) over the past year, making it difficult to compare to the Construction industry average (-7.7%).


Return on Equity

High ROE: 1662's Return on Equity (5.8%) is considered low.


Next Steps

Financial Health

How is Yee Hop Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1662's short term assets (HK$495.1M) exceed its short term liabilities (HK$372.3M).

Long Term Liabilities: 1662's short term assets (HK$495.1M) exceed its long term liabilities (HK$37.4M).


Debt to Equity History and Analysis

Debt Level: 1662's debt to equity ratio (50.9%) is considered high.

Reducing Debt: 1662's debt to equity ratio has increased from 0.5% to 50.9% over the past 5 years.

Debt Coverage: 1662's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 1662's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Yee Hop Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1662's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1662'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 1662's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1662'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 1662'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?

0.8yrs

Average management tenure


CEO

Chi Tat Yan (52 yo)

5.5yrs

Tenure

HK$1,491,000

Compensation

Mr. Chi Tat Yan has been the Chief Executive Officer and Executive Director at Yee Hop Holdings Limited since February 12, 2015. Mr. Yan has over 24 years of experience in the engineering and construction ...


CEO Compensation Analysis

Compensation vs Market: Chi Tat's total compensation ($USD0.00) is below average for companies of similar size in the Hong Kong market ($USD232.25K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Yin Kwan Jim
Chairman of the Boardno dataHK$2.34m38.25%
HK$ 332.8m
Chi Tat Yan
CEO & Executive Director5.5yrsHK$1.49mno data
Mo Ming Chui
Vice Chairmanno dataHK$1.66m27.75%
HK$ 241.4m
Hung Kwong Leung
Executive Director5.5yrsHK$1.29mno data
Man Hung Chong
CFO & Company Secretary0.75yrno datano data
JunMin Xu
Executive Director0.83yrno data9%
HK$ 78.3m

0.8yrs

Average Tenure

51.5yo

Average Age

Experienced Management: 1662's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Yin Kwan Jim
Chairman of the Boardno dataHK$2.34m38.25%
HK$ 332.8m
Chi Tat Yan
CEO & Executive Director5.5yrsHK$1.49mno data
Mo Ming Chui
Vice Chairmanno dataHK$1.66m27.75%
HK$ 241.4m
Hung Kwong Leung
Executive Director5.5yrsHK$1.29mno data
JunMin Xu
Executive Director0.83yrno data9%
HK$ 78.3m
Luk Shiu Lee
Independent Non-Executive Directorno dataHK$240.00kno data
Hon Kwan Yu
Independent Non-Executive Directorno dataHK$240.00kno data
Chi Keung Wong
Independent Non-Executive Directorno dataHK$240.00kno data

5.5yrs

Average Tenure

57yo

Average Age

Experienced Board: 1662's board of directors are considered experienced (5.5 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

Yee Hop Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Yee Hop Holdings Limited
  • Ticker: 1662
  • Exchange: SEHK
  • Founded: 1989
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$870.000m
  • Shares outstanding: 500.00m
  • Website: https://www.yee-hop.com.hk

Number of Employees


Location

  • Yee Hop Holdings Limited
  • Nan Fung Commercial Centre
  • Units 1104-06
  • Kowloon Bay
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1662SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2015

Biography

Yee Hop Holdings Limited, an investment holding company, provides engineering and construction services for private and public sectors in Hong Kong and internationally. It operates through Foundation and O ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/03 13:03
End of Day Share Price2020/08/03 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.