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China Aircraft Leasing Group Holdings

SEHK:1848
Snowflake Description

Reasonable growth potential and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1848
SEHK
HK$6B
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

China Aircraft Leasing Group Holdings Limited, an investment holding company, provides aircraft leasing services to airline companies primarily in the Mainland China, and other countries or regions in Europe and Asia. The last earnings update was 193 days ago. More info.


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1848 Share Price and Events
7 Day Returns
-0.1%
SEHK:1848
0%
HK Trade Distributors
2.3%
HK Market
1 Year Returns
10%
SEHK:1848
0.5%
HK Trade Distributors
-11.2%
HK Market
1848 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China Aircraft Leasing Group Holdings (1848) -0.1% 0.3% 11.5% 10% 21.1% -
HK Trade Distributors 0% -0.2% 6.9% 0.5% -45.4% -54.7%
HK Market 2.3% 4.2% 10.2% -11.2% 27.9% 21.8%
1 Year Return vs Industry and Market
  • 1848 outperformed the Trade Distributors industry which returned 0.5% over the past year.
  • 1848 outperformed the Market in Hong Kong which returned -11.2% over the past year.
Price Volatility
1848
Industry
5yr Volatility vs Market

Value

 Is China Aircraft Leasing Group Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for China Aircraft Leasing Group Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$8.9.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for China Aircraft Leasing Group Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China Aircraft Leasing Group Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1848 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in HKD HK$1.17
SEHK:1848 Share Price ** SEHK (2019-03-18) in HKD HK$8.9
Hong Kong Trade Distributors Industry PE Ratio Median Figure of 31 Publicly-Listed Trade Distributors Companies 8.55x
Hong Kong Market PE Ratio Median Figure of 1,494 Publicly-Listed Companies 10.91x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of China Aircraft Leasing Group Holdings.

SEHK:1848 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1848 Share Price ÷ EPS (both in HKD)

= 8.9 ÷ 1.17

7.6x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Aircraft Leasing Group Holdings is good value based on earnings compared to the HK Trade Distributors industry average.
  • China Aircraft Leasing Group Holdings is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does China Aircraft Leasing Group Holdings's expected growth come at a high price?
Raw Data
SEHK:1848 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.6x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts
11.2%per year
Global Trade Distributors Industry PEG Ratio Median Figure of 78 Publicly-Listed Trade Distributors Companies 1.18x
Hong Kong Market PEG Ratio Median Figure of 469 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

SEHK:1848 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.6x ÷ 11.2%

0.68x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Aircraft Leasing Group Holdings is good value based on expected growth next year.
Price based on value of assets
What value do investors place on China Aircraft Leasing Group Holdings's assets?
Raw Data
SEHK:1848 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in HKD HK$5.21
SEHK:1848 Share Price * SEHK (2019-03-18) in HKD HK$8.9
Hong Kong Trade Distributors Industry PB Ratio Median Figure of 58 Publicly-Listed Trade Distributors Companies 1x
Hong Kong Market PB Ratio Median Figure of 2,137 Publicly-Listed Companies 0.99x
SEHK:1848 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1848 Share Price ÷ Book Value per Share (both in HKD)

= 8.9 ÷ 5.21

1.71x

* Primary Listing of China Aircraft Leasing Group Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Aircraft Leasing Group Holdings is overvalued based on assets compared to the HK Trade Distributors industry average.
X
Value checks
We assess China Aircraft Leasing Group Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. China Aircraft Leasing Group Holdings has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is China Aircraft Leasing Group Holdings expected to perform in the next 1 to 3 years based on estimates from 3 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China Aircraft Leasing Group Holdings expected to grow at an attractive rate?
  • China Aircraft Leasing Group Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • China Aircraft Leasing Group Holdings's earnings growth is positive but not above the Hong Kong market average.
  • China Aircraft Leasing Group Holdings's revenue growth is expected to exceed the Hong Kong market average.
Annual Growth Rates Comparison
Raw Data
SEHK:1848 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:1848 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 3 Analysts 11.2%
SEHK:1848 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 3 Analysts 25.1%
Hong Kong Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 10.9%
Asia Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 15.9%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 12.1%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1848 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1848 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-12-31 4,381 1,035 1
2019-12-31 4,358 953 2
2018-12-31 3,659 836 2
SEHK:1848 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-06-30 1,704 3,097 794
2018-03-31 1,601 4,273 764
2017-12-31 1,499 5,450 735
2017-09-30 1,407 5,823 691
2017-06-30 1,315 6,196 647
2017-03-31 1,245 5,144 643
2016-12-31 1,175 4,092 638
2016-09-30 974 1,594 571
2016-06-30 773 -905 504
2016-03-31 661 -2,106 442
2015-12-31 549 -3,308 380
2015-09-30 546 -2,983 368

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • China Aircraft Leasing Group Holdings's earnings are expected to grow by 11.2% yearly, however this is not considered high growth (20% yearly).
  • China Aircraft Leasing Group Holdings's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1848 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below

All data from China Aircraft Leasing Group Holdings Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1848 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-12-31 1.49 1.49 1.49 1.00
2019-12-31 1.39 1.40 1.38 2.00
2018-12-31 1.22 1.26 1.18 2.00
SEHK:1848 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-06-30 1.17
2018-03-31 1.13
2017-12-31 1.09
2017-09-30 1.03
2017-06-30 0.98
2017-03-31 0.99
2016-12-31 1.01
2016-09-30 0.92
2016-06-30 0.83
2016-03-31 0.73
2015-12-31 0.64
2015-09-30 0.62

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • China Aircraft Leasing Group Holdings is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess China Aircraft Leasing Group Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
China Aircraft Leasing Group Holdings has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has China Aircraft Leasing Group Holdings performed over the past 5 years?

  • China Aircraft Leasing Group Holdings's last earnings update was 193 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare China Aircraft Leasing Group Holdings's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • China Aircraft Leasing Group Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • China Aircraft Leasing Group Holdings's 1-year earnings growth is less than its 5-year average (22.7% vs 31.4%)
  • China Aircraft Leasing Group Holdings's earnings growth has not exceeded the HK Trade Distributors industry average in the past year (22.7% vs 34.3%).
Earnings and Revenue History
China Aircraft Leasing Group Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from China Aircraft Leasing Group Holdings Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1848 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 1,703.93 793.84 15.19
2018-03-31 1,601.35 764.25 15.19
2017-12-31 1,498.77 734.66 15.19
2017-09-30 1,406.79 690.87 18.00
2017-06-30 1,314.80 647.07 20.82
2017-03-31 1,245.08 642.74 20.82
2016-12-31 1,175.36 638.42 20.82
2016-09-30 974.20 570.96 11.89
2016-06-30 773.03 503.51 2.96
2016-03-31 660.84 441.84 2.96
2015-12-31 548.65 380.17 2.96
2015-09-30 545.70 368.38 2.55
2015-06-30 542.75 356.60 2.13
2015-03-31 515.26 329.68 2.13
2014-12-31 487.78 302.75 2.13
2014-09-30 446.84 247.00 1.07
2014-06-30 405.90 191.24
2014-03-31 378.20 181.87
2013-12-31 350.49 172.50
2012-12-31 197.96 95.13 4.46

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Whilst China Aircraft Leasing Group Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.
  • China Aircraft Leasing Group Holdings used its assets less efficiently than the HK Trade Distributors industry average last year based on Return on Assets.
  • Unable to establish if China Aircraft Leasing Group Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess China Aircraft Leasing Group Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
China Aircraft Leasing Group Holdings has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is China Aircraft Leasing Group Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up China Aircraft Leasing Group Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China Aircraft Leasing Group Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • China Aircraft Leasing Group Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of China Aircraft Leasing Group Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from China Aircraft Leasing Group Holdings Company Filings, last reported 8 months ago.

SEHK:1848 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 3,526.95 30,335.53 5,869.78
2018-03-31 3,526.95 30,335.53 5,869.78
2017-12-31 3,427.15 31,278.23 7,114.19
2017-09-30 3,427.15 31,278.23 7,114.19
2017-06-30 3,054.51 28,315.73 6,695.89
2017-03-31 3,054.51 28,315.73 6,695.89
2016-12-31 3,043.35 25,840.54 5,971.86
2016-09-30 3,043.35 25,840.54 5,971.86
2016-06-30 2,271.73 25,103.42 4,372.89
2016-03-31 2,271.73 25,103.42 4,372.89
2015-12-31 2,208.00 20,798.63 1,408.73
2015-09-30 2,208.00 20,798.63 1,408.73
2015-06-30 1,949.90 17,555.99 1,125.80
2015-03-31 1,949.90 17,555.99 1,125.80
2014-12-31 1,780.70 16,018.13 1,440.55
2014-09-30 1,780.70 16,018.13 1,440.55
2014-06-30 917.37 13,051.81 237.57
2014-03-31 917.37 13,051.81 237.57
2013-12-31 958.10 11,599.05 1,380.96
2012-12-31 694.71 6,093.60 73.50
  • China Aircraft Leasing Group Holdings's level of debt (860.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (1070% vs 860.1% today).
  • Debt is not well covered by operating cash flow (10.2%, less than 20% of total debt).
  • Unable to confirm if the interest payments on China Aircraft Leasing Group Holdings's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess China Aircraft Leasing Group Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. China Aircraft Leasing Group Holdings has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is China Aircraft Leasing Group Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
6.74%
Current annual income from China Aircraft Leasing Group Holdings dividends. Estimated to be 8.8% next year.
If you bought HK$2,000 of China Aircraft Leasing Group Holdings shares you are expected to receive HK$135 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • China Aircraft Leasing Group Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (1.98%).
  • China Aircraft Leasing Group Holdings's dividend is above the markets top 25% of dividend payers in Hong Kong (5.33%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1848 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 3 Analyst Estimates (S&P Global) See Below
Hong Kong Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 3.9%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 922 Stocks 3.4%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.1%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:1848 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
2020-12-31 0.82 1.00
2019-12-31 0.77 2.00
2018-12-31 0.67 2.00
SEHK:1848 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2018-05-09 0.600 7.333
2017-05-22 0.530 6.283
2016-04-13 0.360 4.054
2016-03-22 0.360 4.651
2015-09-24 0.080 1.103
2015-08-25 0.080 1.067
2015-05-08 0.160 1.583

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Aircraft Leasing Group Holdings has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Dividend payments have increased, but China Aircraft Leasing Group Holdings only paid a dividend in the past 4 years.
Current Payout to shareholders
What portion of China Aircraft Leasing Group Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.8x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess China Aircraft Leasing Group Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can China Aircraft Leasing Group Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China Aircraft Leasing Group Holdings has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of China Aircraft Leasing Group Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mike Poon
COMPENSATION HK$19,616,284
AGE 45
TENURE AS CEO 2.2 years
CEO Bio

Dr. Ho Man Poon, also known as Mike, CFA has been the Chief Executive Officer of China Aircraft Leasing Group Holdings Limited since January 19, 2017. Dr. Poon serves as the Chief Investment Officer at Pacific Asset Management. Dr. Poon has been the Responsible Officer of Friedmann Pacific Asset Management (Hong Kong) Limited and FP Sino-Rich Securities & Futures Limited since April 2003. He founded China Aircraft Leasing Group Holdings Limited in March 2006 and served as its Chief Executive Officer until June 17, 2015. He was responsible for formulating and reviewing its overall strategic planning and managing overall business operations. Dr. Poon is experienced in building hedging models, dealing in different financial instruments to maximise the gain and monitoring the risk assumed in an investment portfolio. He has more than 15 years of investment experience in Greater China in various industries, such as aviation, mining, new energy, infrastructure and consumption, etc. He initiated China Aircraft Leasing Company Limited (CALC) with other bankers and experts and successfully led through a quick expansion during these years. He serves as the Chairman of Friedmann Pacific Investment Holdings. Dr. Poon has been an Executive Director of China Aircraft Leasing Group Holdings Limited since January 19, 2017. He served as a Director of Garron International Limited (now known as China Investment and Finance Group Limited) from December 2004 to October 2010. He served as Executive Director of China Aircraft Leasing Group Holdings Limited since December 21, 2012 until June 17, 2015. He served as an Independent Director at PacificNet, Inc. Dr. Poon has been a Chartered Financial Analyst of the Association for Investment Management and Research (now known as the Chartered Financial Analysts Institute) since March 2002. He serves as the Vice President of China Group Companies Association, an association under the State-owned Assets Supervision and Administration Commission of the State Council, the Vice President of Jiangxi Province Federation of Overseas Chinese Entrepreneurs, a member of Heilongjiang Province Committee of the Chinese People’s Political Consultative Conference, the Vice President of Chinese Financial Association of Hong Kong and the Honorary President of Hong Kong Overseas Chinese Association. He also obtained the World Outstanding Chinese Award from World Chinese Business Investment Foundation in 2006. Dr. Poon holds Bachelor of Engineering of the University of Hong Kong in 1995 and is the first session EMBA graduate of Tsinghua University, China in 2005. He also obtained an Honorable Doctorate Degree of Business Management from Armstrong University, USA.

CEO Compensation
  • Mike's compensation has increased by more than 20% in the past year.
  • Mike's remuneration is higher than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the China Aircraft Leasing Group Holdings management team in years:

2.7
Average Tenure
49.5
Average Age
  • The tenure for the China Aircraft Leasing Group Holdings management team is about average.
Management Team

Shuang Chen

TITLE
Chairman
COMPENSATION
HK$7M
AGE
51

Mike Poon

TITLE
CEO & Executive Director
COMPENSATION
HK$20M
AGE
45
TENURE
2.2 yrs

Winnie Liu

TITLE
Deputy CEO
COMPENSATION
HK$17M
AGE
36
TENURE
3.3 yrs

Barry Mok

TITLE
Deputy CEO & CFO
AGE
59
TENURE
3.8 yrs

Pitney Tang

TITLE
Chief Operating Officer
AGE
48
TENURE
3.3 yrs

Niel Liebenberg

TITLE
General Counsel
TENURE
1.7 yrs

Jens Dunker

TITLE
Senior Vice President of Sales and Marketing- APAC & Aircraft Trading
AGE
52

Christian McCormick

TITLE
Managing Director of Finance
TENURE
3.8 yrs

Matt Corley

TITLE
Regional Head of Sales & Marketing – Americas
TENURE
2.2 yrs

Christopher Dennis-Meyer

TITLE
Regional Head of Sales & Marketing – EMEA
TENURE
2.2 yrs
Board of Directors Tenure

Average tenure and age of the China Aircraft Leasing Group Holdings board of directors in years:

5
Average Tenure
61
Average Age
  • The tenure for the China Aircraft Leasing Group Holdings board of directors is about average.
Board of Directors

Shuang Chen

TITLE
Chairman
COMPENSATION
HK$7M
AGE
51
TENURE
5.6 yrs

Mike Poon

TITLE
CEO & Executive Director
COMPENSATION
HK$20M
AGE
45
TENURE
2.2 yrs

Winnie Liu

TITLE
Deputy CEO
COMPENSATION
HK$17M
AGE
36
TENURE
5.6 yrs

Philip Fan

TITLE
Independent Non-Executive Director
COMPENSATION
HK$370K
AGE
69
TENURE
5.5 yrs

Albert Cheok

TITLE
Independent Non-Executive Director
COMPENSATION
HK$573K
AGE
68
TENURE
3.8 yrs

Edward Chow

TITLE
Independent Non-Executive Director
COMPENSATION
HK$561K
AGE
66
TENURE
2.7 yrs

Richard Tang

TITLE
Non-Executive Director
COMPENSATION
HK$235K
AGE
56
TENURE
5.6 yrs

Robert Nien

TITLE
Independent Non-Executive Director
COMPENSATION
HK$449K
AGE
70
TENURE
4.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
22. Oct 18 Buy China Everbright Limited Company 19. Oct 18 19. Oct 18 132,000 HK$8.17 HK$1,077,899
31. May 18 Buy Shuang Chen Individual 29. May 18 29. May 18 100,000 HK$8.03 HK$803,000
31. May 18 Sell Shuang Chen Individual 30. May 18 30. May 18 -100,000 HK$8.04 HK$-804,000
X
Management checks
We assess China Aircraft Leasing Group Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. China Aircraft Leasing Group Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Did You Miss China Aircraft Leasing Group Holdings's 29% Share Price Gain?

That's what has happened with the China Aircraft Leasing Group Holdings Limited (HKG:1848) share price. … View our latest analysis for China Aircraft Leasing Group Holdings. … China Aircraft Leasing Group Holdings was able to grow its EPS at 24% per year over three years, sending the share price higher.

Simply Wall St -

Before You Buy China Aircraft Leasing Group Holdings Limited (HKG:1848), Consider Its Volatility

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.

Simply Wall St -

How Does China Aircraft Leasing Group Holdings Limited (HKG:1848) Fare As A Dividend Stock?

China Aircraft Leasing Group Holdings Limited (HKG:1848) has recently paid dividends to shareholders, and currently yields 7.3%. … Let's take a look at China Aircraft Leasing Group Holdings in more detail. … View our latest analysis for China Aircraft Leasing Group Holdings?

Simply Wall St -

What Is China Aircraft Leasing Group Holdings Limited's (HKG:1848) Share Price Doing?

China Aircraft Leasing Group Holdings Limited (HKG:1848), which is in the trade distributors business, and is based in Hong Kong,. … Let’s take a look at China Aircraft Leasing Group Holdings’s outlook and value based on the most recent financial data to see if there are any catalysts for a price change … See our latest analysis for China Aircraft Leasing Group Holdings

Simply Wall St -

Have Insiders Been Selling China Aircraft Leasing Group Holdings Limited (HKG:1848) Shares?

We often see insiders buying up shares in companies that perform well over the long term. … So before you buy or sell China Aircraft Leasing Group Holdings Limited (HKG:1848), you may well want to know whether insiders have been buying or selling. … The Last 12 Months Of Insider Transactions At China Aircraft Leasing Group Holdings.

Simply Wall St -

Do Directors Own China Aircraft Leasing Group Holdings Limited (HKG:1848) Shares?

A look at the shareholders of China Aircraft Leasing Group Holdings Limited (HKG:1848) can tell us which group is most powerful. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … China Aircraft Leasing Group Holdings is not a large company by global standards.

Simply Wall St -

Why China Aircraft Leasing Group Holdings Limited (HKG:1848) Is An Attractive Investment To Consider

As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook. … In the case of China Aircraft Leasing Group Holdings Limited (HKG:1848), it

Simply Wall St -

What To Know Before Buying China Aircraft Leasing Group Holdings Limited (HKG:1848) For Its Dividend

China Aircraft Leasing Group Holdings Limited (HKG:1848) has recently paid dividends to shareholders, and currently yields 7.3%. … Let's dig deeper into whether China Aircraft Leasing Group Holdings should have a place in your portfolio. … Check out our latest analysis for China Aircraft Leasing Group Holdings

Simply Wall St -

China Aircraft Leasing Group Holdings Limited (HKG:1848): What Are Investors Earning On Their Capital?

and want a simplistic look at the return on China Aircraft Leasing Group Holdings Limited (HKG:1848) stock. … Buying China Aircraft Leasing Group Holdings makes you a partial owner of the company. … Therefore, looking at how efficiently China Aircraft Leasing Group Holdings is able to use capital to create earnings will help us understand your potential return.

Simply Wall St -

Is China Aircraft Leasing Group Holdings Limited (HKG:1848) A Smart Pick For Income Investors?

Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. … In the past 3 years China Aircraft Leasing Group Holdings Limited (HKG:1848) has returned an average of 4.00% per year to investors in the form of dividend payouts. … Let's dig deeper into whether China Aircraft Leasing Group Holdings should have a place in your portfolio.

Simply Wall St -

Company Info

Description

China Aircraft Leasing Group Holdings Limited, an investment holding company, provides aircraft leasing services to airline companies primarily in the Mainland China, and other countries or regions in Europe and Asia. The company engages in the operating leasing, purchase and leaseback, and structured financing business. It also provides value-added services, such as fleet planning, fleet replacement package deals, aircraft disassembling, and component sales. In addition, the company offers management services. As of March 23, 2018, it had a fleet of 111 aircraft. The company was formerly known as China Aircraft Leasing Company Limited and changed its name to China Aircraft Leasing Group Holdings Limited in September 2013. China Aircraft Leasing Group Holdings Limited was founded in 2006 and is headquartered in Admiralty, Hong Kong.

Details
Name: China Aircraft Leasing Group Holdings Limited
1848
Exchange: SEHK
Founded: 2006
HK$6,014,152,094
677,269,380
Website: http://www.calc.com.hk
Address: China Aircraft Leasing Group Holdings Limited
Far East Finance Centre,
28th Floor,
Admiralty,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1848 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 11. Jul 2014
OTCPK CFRL.F Ordinary Shares Pink Sheets LLC US USD 11. Jul 2014
SHSC 1848 Ordinary Shares Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect HK HKD 11. Jul 2014
SZSC 1848 Ordinary Shares The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 11. Jul 2014
Number of employees
Current staff
Staff numbers
172
China Aircraft Leasing Group Holdings employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/18 12:50
End of day share price update: 2019/03/18 00:00
Last estimates confirmation: 2019/02/25
Last earnings filing: 2018/09/06
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.