SEHK:1823

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Huayu Expressway Group

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.


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

1823IndustryMarket
7 Day1.3%2.7%0.5%
30 Day1.3%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 Year18.0%-1.3%-34.1%-42.4%3.2%-7.8%
5 Year3.2%-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

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

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

NamePositionTenureCompensationOwnership
Yeung Nam Chan
Executive Chairmanno dataHK$1.09m72.71%
HK$ 228.0m
Qing Quan Mai
CEO & Executive Directorno dataHK$816.00kno data
Jie Pin Fu
Executive Director11.25yrsHK$720.00kno data
Dan Yi Liu
General Manager of Human Resources and Administration13.58yrsno datano data
Xian Hui Gan
Chief Contract Budget Controller12.58yrsno datano data
Jing An Chen
Chief Engineer12.58yrsno datano data
Ka Man Sin
Company Secretary11.08yrsno datano 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

NamePositionTenureCompensationOwnership
Yeung Nam Chan
Executive Chairmanno dataHK$1.09m72.71%
HK$ 228.0m
Qing Quan Mai
CEO & Executive Directorno dataHK$816.00kno data
Jie Pin Fu
Executive Director11.25yrsHK$720.00kno data
Kin Wang Chu
Independent Non-Executive Director11.25yrsHK$136.00kno data
Xiao Nian Sun
Independent Non-Executive Director11.25yrsHK$57.00kno data
Lie Ge Hu
Independent Non-Executive Director11.25yrsHK$57.00kno 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1823SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 08:06
End of Day Share Price2020/08/13 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.