| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
1793 Stock Overview
Wecon Holdings Limited, an investment holding company, operates as a construction contractor in Hong Kong.
Wecon Holdings Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.20 |
| 52 Week High | HK$0.24 |
| 52 Week Low | HK$0.14 |
| Beta | 1.05 |
| 1 Month Change | 8.11% |
| 3 Month Change | 9.29% |
| 1 Year Change | -5.66% |
| 3 Year Change | -32.20% |
| 5 Year Change | n/a |
| Change since IPO | -69.23% |
Recent News & Updates
Wecon Holdings' (HKG:1793) Dividend Will Be HK$0.012
The board of Wecon Holdings Limited ( HKG:1793 ) has announced that it will pay a dividend on the 19th of September...
Here's What's Concerning About Wecon Holdings' (HKG:1793) Returns On Capital
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Amongst other...
Shareholder Returns
| 1793 | HK Construction | HK Market | |
|---|---|---|---|
| 7D | -2.9% | -0.1% | 1.7% |
| 1Y | -5.7% | 1.1% | -21.2% |
Return vs Industry: 1793 underperformed the Hong Kong Construction industry which returned 1.9% over the past year.
Return vs Market: 1793 exceeded the Hong Kong Market which returned -23.3% over the past year.
Price Volatility
| 1793 volatility | |
|---|---|
| 1793 Average Weekly Movement | 5.9% |
| Construction Industry Average Movement | 7.2% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in HK Market | 13.8% |
| 10% least volatile stocks in HK Market | 3.4% |
Stable Share Price: 1793 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 1793's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1974 | 224 | Ka Yip Tsang | https://www.wecon.com.hk |
Wecon Holdings Limited, an investment holding company, operates as a construction contractor in Hong Kong. The company operates through two segments, Construction Contracts; and Repair, Maintenance, Alteration and Addition (RMAA) Works Services. It offers building construction services for residential, commercial, and industrial buildings; RMAA works services, such as general upkeep, maintenance, improvement, refurbishment, alteration, and addition of existing facilities and components of buildings and their surroundings.
Wecon Holdings Fundamentals Summary
| 1793 fundamental statistics | |
|---|---|
| Market Cap | HK$160.00m |
| Earnings (TTM) | HK$14.21m |
| Revenue (TTM) | HK$1.15b |
11.3x
P/E Ratio0.1x
P/S RatioIs 1793 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 1793 income statement (TTM) | |
|---|---|
| Revenue | HK$1.15b |
| Cost of Revenue | HK$1.10b |
| Gross Profit | HK$53.65m |
| Other Expenses | HK$39.44m |
| Earnings | HK$14.21m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.018 |
| Gross Margin | 4.65% |
| Net Profit Margin | 1.23% |
| Debt/Equity Ratio | 0% |
How did 1793 perform over the long term?
See historical performance and comparisonDividends
6.0%
Current Dividend Yield67%
Payout RatioDoes 1793 pay a reliable dividends?
See 1793 dividend history and benchmarks| Wecon Holdings dividend dates | |
|---|---|
| Ex Dividend Date | Aug 23 2022 |
| Dividend Pay Date | Sep 19 2022 |
| Days until Ex dividend | 56 days |
| Days until Dividend pay date | 83 days |
Does 1793 pay a reliable dividends?
See 1793 dividend history and benchmarksValuation
Is 1793 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 1793?
Other financial metrics that can be useful for relative valuation.
| What is 1793's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | HK$160.00m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.06x |
| Enterprise Value/EBITDA | 5.3x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does 1793's PE Ratio compare to its peers?
| 1793 PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 6x | ||
1647 Grandshores Technology Group | 5.7x | n/a | HK$155.4m |
6038 G & M Holdings | 4.2x | n/a | HK$154.0m |
2193 Man King Holdings | 4.4x | n/a | HK$159.5m |
8268 Smart City Development Holdings | 9.8x | n/a | HK$150.0m |
1793 Wecon Holdings | 11.3x | n/a | HK$160.0m |
Price-To-Earnings vs Peers: 1793 is expensive based on its Price-To-Earnings Ratio (11.3x) compared to the peer average (6x).
Price to Earnings Ratio vs Industry
How does 1793's PE Ratio compare vs other companies in the HK Construction Industry?
Price-To-Earnings vs Industry: 1793 is good value based on its Price-To-Earnings Ratio (11.3x) compared to the Hong Kong Construction industry average (12.4x)
Price to Earnings Ratio vs Fair Ratio
What is 1793's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 11.3x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1793's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 1793 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 1793 (HK$0.2) is trading above our estimate of fair value (HK$0.2)
Significantly Below Fair Value: 1793 is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1793's PEG Ratio to determine if it is good value.
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Future Growth
How is Wecon Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
11.2%
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 Wecon 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.
Discover growth companies
- Examine Wecon 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.
- Wecon Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Wecon Holdings performed over the past 5 years?
Past Performance Score
1/6Past Performance Score 1/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-16.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1793 has high quality earnings.
Growing Profit Margin: 1793's current net profit margins (1.2%) are lower than last year (1.7%).
Past Earnings Growth Analysis
Earnings Trend: 1793's earnings have declined by 16.8% per year over the past 5 years.
Accelerating Growth: 1793's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1793 had negative earnings growth (-26.2%) over the past year, making it difficult to compare to the Construction industry average (-1.2%).
Return on Equity
High ROE: 1793's Return on Equity (5%) is considered low.
Discover strong past performing companies
Financial Health
How is Wecon Holdings's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 1793's short term assets (HK$503.5M) exceed its short term liabilities (HK$241.5M).
Long Term Liabilities: 1793's short term assets (HK$503.5M) exceed its long term liabilities (HK$5.0M).
Debt to Equity History and Analysis
Debt Level: 1793 is debt free.
Reducing Debt: 1793 has no debt compared to 5 years ago when its debt to equity ratio was 95.9%.
Debt Coverage: 1793 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1793 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Wecon Holdings's current dividend yield, its reliability and sustainability?
Dividend Score
2/6Dividend Score 2/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
6.00%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 1793's dividend (6%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.75%).
High Dividend: 1793's dividend (6%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.9%).
Stability and Growth of Payments
Stable Dividend: 1793 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1793 has only been paying a dividend for 3 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (66.7%), 1793's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1793 is paying a dividend but the company has no free cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
3.7yrs
Average board tenure
CEO
Ka Yip Tsang (69 yo)
no data
Tenure
HK$2,457,000
Compensation
Mr. Ka Yip Tsang has been Chairman of Wecon Holdings Limited since March 23, 2018 and serves as its Chief Executive Officer. Mr. Tsang joined Wecon Group in October 1983. He has been an Executive Director...
CEO Compensation Analysis
Compensation vs Market: Ka Yip's total compensation ($USD313.02K) is above average for companies of similar size in the Hong Kong market ($USD233.02K).
Compensation vs Earnings: Ka Yip's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: 1793's board of directors are considered experienced (3.7 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
Wecon Holdings Limited's employee growth, exchange listings and data sources
Key Information
- Name: Wecon Holdings Limited
- Ticker: 1793
- Exchange: SEHK
- Founded: 1974
- Industry: Construction and Engineering
- Sector: Capital Goods
- Implied Market Cap: HK$160.000m
- Shares outstanding: 800.00m
- Website: https://www.wecon.com.hk
Number of Employees
Location
- Wecon Holdings Limited
- Tung Hip Commercial Building
- 18th Floor
- Central
- Hong Kong
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/27 00:00 |
| End of Day Share Price | 2022/06/27 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
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.