SEHK:1780

Stock Analysis Report

B & D Strategic Holdings

Executive Summary

B & D Strategic Holdings Limited operates as a contractor that specializes in alteration and addition, and civil engineering works in Hong Kong.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.

Share Price & News

How has B & D Strategic Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

49.0%

1780

0.2%

HK Construction

0.3%

HK Market


1 Year Return

n/a

1780

-16.8%

HK Construction

-1.5%

HK Market

Return vs Industry: Insufficient data to determine how 1780 performed against the Hong Kong Construction industry.

Return vs Market: Insufficient data to determine how 1780 performed against the Hong Kong Market.


Shareholder returns

1780IndustryMarket
7 Day49.0%0.2%0.3%
30 Day7.4%-4.3%0.5%
90 Day17.7%-9.8%-4.4%
1 Yearn/a-13.1%-16.8%2.1%-1.5%
3 Yearn/a-25.1%-33.4%14.7%3.2%
5 Yearn/a2.0%-13.4%21.5%1.2%

Price Volatility Vs. Market

How volatile is B & D Strategic Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is B & D Strategic Holdings undervalued compared to its fair value and its price relative to the market?

10.17x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1780 (HK$0.73) is trading above our estimate of fair value (HK$0.3)

Significantly Below Fair Value: 1780 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1780 is poor value based on its PE Ratio (10.2x) compared to the Construction industry average (10.1x).

PE vs Market: 1780 is good value based on its PE Ratio (10.2x) compared to the Hong Kong market (10.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1780's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1780 is overvalued based on its PB Ratio (2.3x) compared to the HK Construction industry average (1.1x).


Next Steps

Future Growth

How is B & D Strategic Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

0.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1780's forecast earnings growth (0.5% per year) is below the savings rate (2%).

Earnings vs Market: 1780's earnings (0.5% per year) are forecast to grow slower than the Hong Kong market (11.2% per year).

High Growth Earnings: 1780's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 1780's revenue is forecast to grow faster than the Hong Kong market.

High Growth Revenue: Insufficient data to determine if 1780's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 1780's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has B & D Strategic Holdings performed over the past 5 years?

-33.6%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 1780's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: 1780's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1780 had negative earnings growth (-33.6%) over the past year, making it difficult to compare to the Construction industry average (-12.4%).


Return on Equity

High ROE: 1780's Return on Equity (22.8%) is considered high.


Return on Assets

ROA vs Industry: 1780 has a higher Return on Assets than the Construction industry average last year.


Return on Capital Employed

ROCE Improving: 1780 has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is B & D Strategic Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1780's short term assets (HK$192.7M) exceeds its short term liabilities (HK$49.7M)

Long Term Liabilities: 1780's short term assets (192.7M) exceeds its long term liabilities (405.0K)


Debt to Equity History and Analysis

Debt Level: 1780 is debt free.

Reducing Debt: 1780 has not had any debt for past 5 years.

Debt Coverage: 1780 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1780 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 1780 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 1780's debt is covered by short term assets.


Next Steps

Dividend

What is B & D Strategic Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%6.3%industryaverage4.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 1780's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1780's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 1780's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1780'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 1780's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

What is the CEO of B & D Strategic Holdings's salary, the management and board of directors tenure and is there insider trading?

HK$608k

CEO Compensation


CEO

Wing Hang Lo (63yo)

0yrs

Tenure

HK$608,000

Compensation

Mr. Wing Hang Lo is Vice Chairman of the Board and Chief Executive Officer at B&D Strategic Holdings Ltd. He co-owns 30.52% of Sky Winner Holdings Limited. 


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Wing Hang's total compensation is reasonable compared to companies of similar size in the Hong Kong market.

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


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Wing Kwok Tang (50yo)

    Executive Chairman

    • Tenure: 1.4yrs
    • Compensation: HK$618.00k
  • Wing Hang Lo (63yo)

    Vice Chairman of the Board & CEO

    • Tenure: 0yrs
    • Compensation: HK$608.00k
  • Yuen Li (38yo)

    Company Secretary

    • Tenure: 0yrs
  • Ka Yeung (30yo)

    Account & Finance Manager

    • Tenure: 1.8yrs
  • Stephen Leung (58yo)

    Technical Director

    • Tenure: 0yrs

Board Members

  • Ting Cheung (36yo)

    Independent Non-Executive Director

    • Tenure: 0yrs
  • Wing Kwok Tang (50yo)

    Executive Chairman

    • Tenure: 1.4yrs
    • Compensation: HK$618.00k
  • Wing Hang Lo (63yo)

    Vice Chairman of the Board & CEO

    • Tenure: 0yrs
    • Compensation: HK$608.00k
  • Tsz Yeung (44yo)

    Independent Non-Executive Director

    • Tenure: 0yrs
  • Chun Yiu (37yo)

    Independent Non-executive Director

    • Tenure: 0yrs

Company Information

B & D Strategic Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: B & D Strategic Holdings Limited
  • Ticker: 1780
  • Exchange: SEHK
  • Founded: 1995
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$452.600m
  • Shares outstanding: 620.00m
  • Website: https://www.bnd-strategic.com.hk

Number of Employees


Location

  • B & D Strategic Holdings Limited
  • Asia Trade Centre
  • Units 2803–2803A
  • Kwai Chung
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1780SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDApr 2019

Biography

B & D Strategic Holdings Limited operates as a contractor that specializes in alteration and addition, and civil engineering works in Hong Kong. Its alteration and addition works include new structural wor ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 12:55
End of Day Share Price2019/10/22 00:00
Earnings2019/03/31
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.