SEHK:1750

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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.


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

-5.3%

1750

6.2%

HK Electrical

-0.8%

HK Market


1 Year Return

-64.5%

1750

-8.4%

HK Electrical

-0.8%

HK Market

Return vs Industry: 1750 underperformed the Hong Kong Electrical industry which returned -13.1% over the past year.

Return vs Market: 1750 underperformed the Hong Kong Market which returned -1% over the past year.


Shareholder returns

1750IndustryMarket
7 Day-5.3%6.2%-0.8%
30 Day-7.8%17.0%9.0%
90 Day-22.8%23.7%11.8%
1 Year-64.5%-64.5%-7.0%-8.4%3.2%-0.8%
3 Yearn/a-39.1%-42.0%7.4%-4.2%
5 Yearn/a-53.4%-56.4%9.6%-8.7%

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

Valuation

Is REM Group (Holdings) undervalued compared to its fair value and its price relative to the market?

11.15x

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 (11.2x) compared to the HK Electrical industry average (10x).

PE vs Market: 1750 is poor value based on its PE Ratio (11.2x) compared to the Hong Kong market (10.3x).


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's PB Ratio (0.6x) is in line with the HK Electrical industry average.


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?

13.5%

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 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

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 16%.


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) 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?

3.5yrs

Average management tenure


CEO

Ka-Wai Leung (51yo)

2.5yrs

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 ($USD69.67K) is below average for companies of similar size in the Hong Kong market ($USD229.37K).

Compensation vs Earnings: Ka-Wai's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Man Keung Wan
Chairman3.08yrsHK$600.00kno data
Ka-Wai Leung
CEO & Executive Director2.5yrsHK$540.00kno data
Chi Ling Chow
Group CFO & Company Secretary3.5yrsno datano data
Kwai Sang To
Senior Technical Manager7.08yrsno datano data
Kwok Wai Liu
Senior Contract Managerno datano datano data

3.5yrs

Average Tenure

47yo

Average Age

Experienced Management: 1750's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Man Keung Wan
Chairman3.08yrsHK$600.00kno data
Ka-Wai Leung
CEO & Executive Director2.5yrsHK$540.00kno data
Ching Ng
Independent Non-Executive Director2.25yrsHK$144.00kno data
Sum Cheng
Independent Non-Executive Director2.25yrsHK$120.00kno data
Wan Wai Kan
Non-Executive Director3.08yrsHK$120.00kno data
Chi Keung Ng
Independent Non-Executive Director2.25yrsHK$120.00kno data

2.7yrs

Average Tenure

60yo

Average Age

Experienced Board: 1750's board of directors are not considered experienced ( 2.7 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$131.400m
  • Shares outstanding: 1.80b
  • Website: https://www.rem-group.com.hk

Number of Employees


Location

  • REM Group (Holdings) Limited
  • Unit 5, Chai Wan Industrial City
  • 4th Floor
  • Chai Wan
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1750SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 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 based in Chai Wan, Hong Kong. REM Group (Holdings) Limited is a subsidiary of Unique Best Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/13 12:49
End of Day Share Price2020/07/13 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.