Hang Yick Holdings
Market Cap
HK$130.5m
Last Updated
2021/01/15 10:14 UTC
Data Sources
Company Financials
Executive Summary
Hang Yick Holdings Company Limited, a steel and metal engineering company, designs, manufactures, supplies, and installs steel and metal products for construction projects in the People’s Republic of China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet and slightly overvalued.
Share Price & News
How has Hang Yick Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1894 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 1894's weekly volatility has decreased from 18% to 5% over the past year.
Market Performance
7 Day Return
-6.1%
1894
6.6%
HK Construction
3.0%
HK Market
1 Year Return
-93.8%
1894
-15.6%
HK Construction
7.5%
HK Market
Return vs Industry: 1894 underperformed the Hong Kong Construction industry which returned -15.6% over the past year.
Return vs Market: 1894 underperformed the Hong Kong Market which returned 7.5% over the past year.
Shareholder returns
| 1894 | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.1% | 6.6% | 3.0% |
| 30 Day | -13.3% | 12.6% | 9.9% |
| 90 Day | -31.0% | -2.1% | 15.5% |
| 1 Year | -93.8%-93.8% | -11.6%-15.6% | 11.8%7.5% |
| 3 Year | n/a | -32.5%-40.4% | -3.2%-13.4% |
| 5 Year | n/a | -2.7%-18.8% | 69.4%40.7% |
Long-Term Price Volatility Vs. Market
How volatile is Hang Yick Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 months ago | Simply Wall St
Is Hang Yick Holdings Company Limited's (HKG:1894) Recent Price Movement Underpinned By Its Weak Fundamentals?7 months ago | Simply Wall St
Does Hang Yick Holdings Company Limited (HKG:1894) Create Value For Shareholders?8 months ago | Simply Wall St
Does Hang Yick Holdings (HKG:1894) Have A Healthy Balance Sheet?Valuation
Is Hang Yick Holdings undervalued compared to its fair value and its price relative to the market?
9.7%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1894 (HK$0.17) is trading below our estimate of fair value (HK$0.19)
Significantly Below Fair Value: 1894 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 1894 is poor value based on its PE Ratio (39.4x) compared to the HK Construction industry average (8.2x).
PE vs Market: 1894 is poor value based on its PE Ratio (39.4x) compared to the Hong Kong market (11.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1894's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1894 is good value based on its PB Ratio (0.5x) compared to the HK Construction industry average (0.9x).
Next Steps
Future Growth
How is Hang Yick Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
13.2%
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 Hang Yick 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.
Next Steps
- Examine Hang Yick 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.
- Hang Yick Holdings 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 Hang Yick Holdings performed over the past 5 years?
-36.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1894 has high quality earnings.
Growing Profit Margin: 1894's current net profit margins (1.4%) are lower than last year (6.6%).
Past Earnings Growth Analysis
Earnings Trend: 1894's earnings have declined by 36.5% per year over the past 5 years.
Accelerating Growth: 1894's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1894 had negative earnings growth (-72.3%) over the past year, making it difficult to compare to the Construction industry average (-9.8%).
Return on Equity
High ROE: 1894's Return on Equity (0.8%) is considered low.
Next Steps
Financial Health
How is Hang Yick Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1894's short term assets (HK$242.6M) exceed its short term liabilities (HK$85.2M).
Long Term Liabilities: 1894's short term assets (HK$242.6M) exceed its long term liabilities (HK$243.0K).
Debt to Equity History and Analysis
Debt Level: 1894's debt to equity ratio (21.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 1894's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1894's debt is well covered by operating cash flow (50.8%).
Interest Coverage: 1894 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Hang Yick Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1894's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1894'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 1894's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1894's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 1894 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1894'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?
2.3yrs
Average board tenure
CEO
Pui Sun Lee (63 yo)
no data
Tenure
HK$946,000
Compensation
Mr. Lee Pui Sun is Chairman, Chief Executive Officer of Hang Yick Holdings Company Limited and is its Executive Director since March 6, 2018. Mr. Lee is primarily responsible for the overall strategic mana...
CEO Compensation Analysis
Compensation vs Market: Pui Sun's total compensation ($USD122.00K) is below average for companies of similar size in the Hong Kong market ($USD229.95K).
Compensation vs Earnings: Pui Sun's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | no data | HK$946.00k | no data | |
| CFO & Executive Director | 1.58yrs | HK$515.00k | no data | |
| Executive Director | 2.83yrs | HK$946.00k | no data | |
| Non-Executive Director | 2.67yrs | HK$465.00k | no data | |
| Independent Non-Executive Director | 2.33yrs | HK$90.00k | no data | |
| Independent Non-Executive Director | 2.33yrs | HK$180.00k | no data | |
| Independent & Non-Executive Director | 0.25yr | no data | no data |
2.3yrs
Average Tenure
56yo
Average Age
Experienced Board: 1894's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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
Hang Yick Holdings Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hang Yick Holdings Company Limited
- Ticker: 1894
- Exchange: SEHK
- Founded: 1982
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: HK$130.492m
- Shares outstanding: 767.60m
- Website: https://www.hy-engineering.com
Number of Employees
Location
- Hang Yick Holdings Company Limited
- Yau Tong Industrial Building
- Unit B, Upper Ground Floor
- Yau Tong
- Kowloon
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1894 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Oct 2018 |
Biography
Hang Yick Holdings Company Limited, a steel and metal engineering company, designs, manufactures, supplies, and installs steel and metal products for construction projects in the People’s Republic of China...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/15 10:14 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.