REM Group (Holdings)
Market Cap
HK$142.2m
Last Updated
2020/06/06 14:07 UTC
Data Sources
Company Financials
Executive Summary
REM Group (Holdings) Limited, an investment holding company, manufactures and sells low-voltage electrical power distribution and control devices in Hong Kong, Macau, the People's Republic of China.
Risk Analysis
Snowflake Analysis
Adequate balance sheet with poor track record.
Share Price & News
How has REM Group (Holdings)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1750's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
1750
10.3%
HK Electrical
6.0%
HK Market
1 Year Return
-65.0%
1750
-26.1%
HK Electrical
-4.0%
HK Market
Return vs Industry: 1750 underperformed the Hong Kong Electrical industry which returned -26.5% over the past year.
Return vs Market: 1750 underperformed the Hong Kong Market which returned -4% over the past year.
Shareholder returns
| 1750 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 10.3% | 6.0% |
| 30 Day | -9.2% | 1.4% | 4.3% |
| 90 Day | -19.4% | -3.4% | -2.4% |
| 1 Year | -65.0%-65.0% | -24.7%-26.1% | -0.5%-4.0% |
| 3 Year | n/a | -48.8%-50.7% | 1.4%-9.2% |
| 5 Year | n/a | -69.6%-71.2% | -9.3%-23.6% |
Price Volatility Vs. Market
How volatile is REM Group (Holdings)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Introducing REM Group (Holdings) (HKG:1750), The Stock That Slid 65% In The Last Year1 month ago | Simply Wall St
What Is REM Group (Holdings)'s (HKG:1750) P/E Ratio After Its Share Price Rocketed?1 month ago | Simply Wall St
What Can We Learn From REM Group (Holdings) Limited’s (HKG:1750) Investment Returns?Valuation
Is REM Group (Holdings) undervalued compared to its fair value and its price relative to the market?
12.41x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 1750's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 1750's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 1750 is poor value based on its PE Ratio (12.4x) compared to the Electrical industry average (9.8x).
PE vs Market: 1750 is poor value based on its PE Ratio (12.4x) compared to the Hong Kong market (9.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1750's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1750 is overvalued based on its PB Ratio (0.7x) compared to the HK Electrical industry average (0.6x).
Next Steps
Future Growth
How is REM Group (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
15.1%
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 REM 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
- Examine REM Group (Holdings)'s financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- REM Group (Holdings) competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has REM Group (Holdings) performed over the past 5 years?
-24.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1750 has a high level of non-cash earnings.
Growing Profit Margin: 1750's current net profit margins (5.4%) are lower than last year (5.5%).
Past Earnings Growth Analysis
Earnings Trend: 1750's earnings have declined by -24.4% per year over the past 5 years.
Accelerating Growth: 1750's earnings growth over the past year (12.8%) exceeds its 5-year average (-24.4% per year).
Earnings vs Industry: 1750 earnings growth over the past year (12.8%) underperformed the Electrical industry 19.1%.
Return on Equity
High ROE: 1750's Return on Equity (5.5%) is considered low.
Next Steps
Financial Health
How is REM Group (Holdings)'s financial position?
Financial Position Analysis
Short Term Liabilities: 1750's short term assets (HK$201.4M) exceed its short term liabilities (HK$42.2M).
Long Term Liabilities: 1750's short term assets (HK$201.4M) exceed its long term liabilities (HK$1.9M).
Debt to Equity History and Analysis
Debt Level: 1750's debt to equity ratio (0.03%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 1750's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1750's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1750 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is REM Group (Holdings)'s current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1750's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1750'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 1750's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1750'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 1750'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 management tenure
CEO
Ka-Wai Leung (50yo)
2.42yrs
Tenure
HK$540,000
Compensation
Mr. Leung Ka Wai is Chief Executive Officer of REM Group (Holdings) Ltd since January 12, 2018 and has been its Executive Director since May 9, 2017. Mr. Leung is one of the founders of REM Group, and a di ...
CEO Compensation Analysis
Compensation vs Market: Ka-Wai's total compensation ($USD69.68K) is below average for companies of similar size in the Hong Kong market ($USD228.98K).
Compensation vs Earnings: Ka-Wai's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 3yrs | HK$600.00k | no data | |
| CEO & Executive Director | 2.42yrs | HK$540.00k | no data | |
| Group CFO & Company Secretary | 3.42yrs | no data | no data | |
| Senior Technical Manager | 7yrs | no data | no data | |
| Senior Contract Manager | no data | no data | no data |
3.4yrs
Average Tenure
46yo
Average Age
Experienced Management: 1750's management team is considered experienced (3.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 3yrs | HK$600.00k | no data | |
| CEO & Executive Director | 2.42yrs | HK$540.00k | no data | |
| Independent Non-Executive Director | 2.17yrs | HK$144.00k | no data | |
| Independent Non-Executive Director | 2.17yrs | HK$120.00k | no data | |
| Non-Executive Director | 3yrs | HK$120.00k | no data | |
| Independent Non-Executive Director | 2.17yrs | HK$120.00k | no data |
2.6yrs
Average Tenure
59yo
Average Age
Experienced Board: 1750's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.
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
REM Group (Holdings) Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: REM Group (Holdings) Limited
- Ticker: 1750
- Exchange: SEHK
- Founded: 1992
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: HK$142.200m
- Shares outstanding: 1.80b
- Website: https://www.rem-group.com.hk
Number of Employees
Location
- REM Group (Holdings) Limited
- Wing Sing Commercial Centre
- Unit B
- Sheung Wan
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1750 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | May 2018 |
Biography
REM Group (Holdings) Limited, an investment holding company, manufactures and sells low-voltage electrical power distribution and control devices in Hong Kong, Macau, the People's Republic of China. Its products include low-voltage switchboards, motor control centers, local motor control panels, electrical distribution boards and control boxes, and electrical parts and replacements. The company’s products are used for power distribution, power control, circuit connection, circuit switch and protection, and panel control and display and cover various application scenarios, including commercial buildings, shopping malls, casinos, hotels, banks, sewage treatment plants, schools, hospitals, railway stations, data centers, and government headquarters. It serves electrical and mechanical service companies. The company was founded in 1992 and is headquartered in Sheung Wan, Hong Kong. REM Group (Holdings) Limited is a subsidiary of Unique Best Limited.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/06 14:07 |
| End of Day Share Price | 2020/06/05 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.