SEHK:1757

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Affluent Foundation Holdings

Executive Summary

Affluent Foundation Holdings Limited, an investment holding company, provides services related to foundation works in Hong Kong.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 1757's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

13.8%

1757

1.9%

HK Construction

2.8%

HK Market


1 Year Return

-18.2%

1757

-21.2%

HK Construction

-1.0%

HK Market

Return vs Industry: 1757 exceeded the Hong Kong Construction industry which returned -21.2% over the past year.

Return vs Market: 1757 underperformed the Hong Kong Market which returned -1% over the past year.


Shareholder returns

1757IndustryMarket
7 Day13.8%1.9%2.8%
30 Day-6.9%3.6%8.6%
90 Day-21.3%-4.7%12.0%
1 Year-18.2%-18.2%-17.1%-21.2%3.1%-1.0%
3 Yearn/a-36.2%-44.0%7.1%-4.4%
5 Yearn/a-36.1%-46.6%8.7%-9.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Affluent Foundation Holdings undervalued compared to its fair value and its price relative to the market?

2.3x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1757's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1757's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1757 is unprofitable, so we can't compare its PE Ratio to the HK Construction industry average.

PE vs Market: 1757 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 1757's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1757 is overvalued based on its PB Ratio (2.3x) compared to the HK Construction industry average (0.9x).


Next Steps

Future Growth

How is Affluent Foundation 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 Affluent Foundation 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 Affluent Foundation Holdings performed over the past 5 years?

-52.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1757 is currently unprofitable.

Growing Profit Margin: 1757 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1757 is unprofitable, and losses have increased over the past 5 years at a rate of -52.3% per year.

Accelerating Growth: Unable to compare 1757's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1757 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-10%).


Return on Equity

High ROE: 1757 has a negative Return on Equity (-33.36%), as it is currently unprofitable.


Next Steps

Financial Health

How is Affluent Foundation Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1757's short term assets (HK$155.1M) exceed its short term liabilities (HK$103.2M).

Long Term Liabilities: 1757's short term assets (HK$155.1M) exceed its long term liabilities (HK$5.4M).


Debt to Equity History and Analysis

Debt Level: 1757's debt to equity ratio (52.4%) is considered high.

Reducing Debt: 1757's debt to equity ratio has reduced from 157.4% to 52.4% over the past 5 years.


Balance Sheet


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: Insufficient data to determine if 1757 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 1757 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Affluent Foundation Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1757's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1757'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 1757's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1757'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 1757'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?

2.2yrs

Average board tenure


CEO

Siu Chan (64yo)

2.17yrs

Tenure

HK$454,000

Compensation

Mr. Siu Cheong Chan has been Chairman of the Board, Chief Executive Officer and Executive Director of Affluent Foundation Holdings Limited since May 14, 2018. Mr. Chan is responsible for overall management ...


CEO Compensation Analysis

Compensation vs Market: Siu's total compensation ($USD58.57K) is below average for companies of similar size in the Hong Kong market ($USD229.37K).

Compensation vs Earnings: Siu's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Siu Chan
Chairman of the Board & CEO2.17yrsHK$454.00k75% HK$121.5m
Ka Sin
Executive Director3.08yrsHK$273.00kno data
Chi Wai Ho
Independent Non-Executive Director2.17yrsHK$150.00kno data
Kwok Yan Cheung
Independent Non-Executive Director2.17yrsHK$150.00kno data
Leong Ho Lau
Independent Non-Executive Director2.17yrsHK$150.00kno data

2.2yrs

Average Tenure

46yo

Average Age

Experienced Board: 1757's board of directors are not considered experienced ( 2.2 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

Affluent Foundation Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Affluent Foundation Holdings Limited
  • Ticker: 1757
  • Exchange: SEHK
  • Founded: 1996
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$162.000m
  • Shares outstanding: 1.20b
  • Website: https://www.hcho.com.hk

Number of Employees


Location

  • Affluent Foundation Holdings Limited
  • Unit 903-905, The Octagon
  • 9th Floor
  • Tsuen Wan
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1757SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 2018

Biography

Affluent Foundation Holdings Limited, an investment holding company, provides services related to foundation works in Hong Kong. It offers excavation and lateral support services; pile caps construction services; and other services, such as demolition works, underground drainage works, earthworks, and structural steel works. The company also leases machinery to third party construction companies. It serves construction work companies engaged in public and/or private construction projects. The company was founded in 1996 and is headquartered in Tsuen Wan, Hong Kong. Affluent Foundation Holdings Limited is a subsidiary Oriental Castle Group 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 12:48
End of Day Share Price2020/07/13 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.