Huayu Expressway Group
Market Cap
HK$313.6m
Last Updated
2020/08/14 08:06 UTC
Data Sources
Company Financials
Executive Summary
Huayu Expressway Group Limited, an investment holding company, invests in, builds, operates, and manages infrastructure projects in the People’s Republic of China.
Rewards
Risk Analysis
Snowflake Analysis
Good value with questionable track record.
Share Price & News
How has Huayu Expressway Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1823 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
1.3%
1823
2.7%
HK Construction
0.5%
HK Market
1 Year Return
-2.6%
1823
-11.5%
HK Construction
6.6%
HK Market
Return vs Industry: 1823 exceeded the Hong Kong Construction industry which returned -11.5% over the past year.
Return vs Market: 1823 underperformed the Hong Kong Market which returned 6.6% over the past year.
Shareholder returns
| 1823 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.3% | 2.7% | 0.5% |
| 30 Day | 1.3% | 2.9% | -0.8% |
| 90 Day | -3.8% | 4.7% | 9.4% |
| 1 Year | -2.6%-2.6% | -6.8%-11.5% | 11.0%6.6% |
| 3 Year | 18.0%-1.3% | -34.1%-42.4% | 3.2%-7.8% |
| 5 Year | 3.2%-13.6% | -28.8%-41.1% | 22.5%1.9% |
Price Volatility Vs. Market
How volatile is Huayu Expressway Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Earnings Working Against Huayu Expressway Group Limited's (HKG:1823) Share Price2 months ago | Simply Wall St
Here's Why Huayu Expressway Group (HKG:1823) Has A Meaningful Debt Burden2 months ago | Simply Wall St
What Kind Of Shareholders Own Huayu Expressway Group Limited (HKG:1823)?Valuation
Is Huayu Expressway Group undervalued compared to its fair value and its price relative to the market?
24.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1823 (HK$0.76) is trading below our estimate of fair value (HK$1.01)
Significantly Below Fair Value: 1823 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1823 is good value based on its PE Ratio (6.2x) compared to the HK Construction industry average (8x).
PE vs Market: 1823 is good value based on its PE Ratio (6.2x) compared to the Hong Kong market (10.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1823's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1823's PB Ratio (0.8x) is in line with the HK Construction industry average.
Next Steps
Future Growth
How is Huayu Expressway Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
10.3%
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 Huayu Expressway Group 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 whether Huayu Expressway Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Huayu Expressway Group 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 Huayu Expressway Group performed over the past 5 years?
60.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1823 has high quality earnings.
Growing Profit Margin: 1823's current net profit margins (11%) are lower than last year (37.5%).
Past Earnings Growth Analysis
Earnings Trend: 1823 has become profitable over the past 5 years, growing earnings by 60.1% per year.
Accelerating Growth: 1823's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1823 had negative earnings growth (-34.2%) over the past year, making it difficult to compare to the Construction industry average (-4.2%).
Return on Equity
High ROE: 1823's Return on Equity (13.3%) is considered low.
Next Steps
Financial Health
How is Huayu Expressway Group's financial position?
Financial Position Analysis
Short Term Liabilities: 1823's short term assets (HK$365.0M) exceed its short term liabilities (HK$207.3M).
Long Term Liabilities: 1823's short term assets (HK$365.0M) do not cover its long term liabilities (HK$1.0B).
Debt to Equity History and Analysis
Debt Level: 1823's debt to equity ratio (217.5%) is considered high.
Reducing Debt: 1823's debt to equity ratio has reduced from 600.9% to 217.5% over the past 5 years.
Debt Coverage: 1823's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: 1823's interest payments on its debt are not well covered by EBIT (3x coverage).
Balance Sheet
Next Steps
Dividend
What is Huayu Expressway Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1823's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1823'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 1823's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1823'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 1823'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?
12.6yrs
Average management tenure
CEO
Qing Quan Mai (71 yo)
no data
Tenure
HK$816,000
Compensation
Mr. Qing Quan Mai, Ep, served as the Vice Chief Officer of Huayu Investment since May 2005. Mr. Mai is responsible for managing the investment, construction and operation of expressway projects. He serves ...
CEO Compensation Analysis
Compensation vs Market: Qing Quan's total compensation ($USD105.29K) is below average for companies of similar size in the Hong Kong market ($USD230.03K).
Compensation vs Earnings: Qing Quan's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | no data | HK$1.09m | 72.71% HK$ 228.0m | |
| CEO & Executive Director | no data | HK$816.00k | no data | |
| Executive Director | 11.25yrs | HK$720.00k | no data | |
| General Manager of Human Resources and Administration | 13.58yrs | no data | no data | |
| Chief Contract Budget Controller | 12.58yrs | no data | no data | |
| Chief Engineer | 12.58yrs | no data | no data | |
| Company Secretary | 11.08yrs | no data | no data |
12.6yrs
Average Tenure
59yo
Average Age
Experienced Management: 1823's management team is seasoned and experienced (12.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | no data | HK$1.09m | 72.71% HK$ 228.0m | |
| CEO & Executive Director | no data | HK$816.00k | no data | |
| Executive Director | 11.25yrs | HK$720.00k | no data | |
| Independent Non-Executive Director | 11.25yrs | HK$136.00k | no data | |
| Independent Non-Executive Director | 11.25yrs | HK$57.00k | no data | |
| Independent Non-Executive Director | 11.25yrs | HK$57.00k | no data |
11.3yrs
Average Tenure
60.5yo
Average Age
Experienced Board: 1823's board of directors are seasoned and experienced ( 11.3 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
Huayu Expressway Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Huayu Expressway Group Limited
- Ticker: 1823
- Exchange: SEHK
- Founded:
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: HK$313.582m
- Shares outstanding: 412.61m
- Website: https://www.huayu.com.hk
Number of Employees
Location
- Huayu Expressway Group Limited
- Zhou Fu Zu
- Xingguangcun Sanhexiang
- Yueyang
- Hunan Province
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1823 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Dec 2009 |
Biography
Huayu Expressway Group Limited, an investment holding company, invests in, builds, operates, and manages infrastructure projects in the People’s Republic of China. The company constructs, operates, and man ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/14 08:06 |
| End of Day Share Price | 2020/08/13 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.