Chanhigh Holdings
Market Cap
HK$179.4m
Last Updated
2020/08/07 12:56 UTC
Data Sources
Company Financials
Executive Summary
Chanhigh Holdings Limited, an investment holding company, provides landscape and municipal works construction, and maintenance services in the People’s Republic of China.
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and fair value.
Share Price & News
How has Chanhigh Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2017 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
5.5%
2017
-1.2%
HK Construction
1.2%
HK Market
1 Year Return
-59.7%
2017
-15.5%
HK Construction
5.5%
HK Market
Return vs Industry: 2017 underperformed the Hong Kong Construction industry which returned -15.7% over the past year.
Return vs Market: 2017 underperformed the Hong Kong Market which returned 6.1% over the past year.
Shareholder returns
| 2017 | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.5% | -1.2% | 1.2% |
| 30 Day | -3.3% | -2.1% | -3.8% |
| 90 Day | -7.9% | -1.1% | 7.7% |
| 1 Year | -59.7%-59.7% | -11.0%-15.5% | 9.8%5.5% |
| 3 Year | -81.0%-81.0% | -35.0%-43.2% | 3.7%-7.4% |
| 5 Year | n/a | -38.6%-49.2% | 12.3%-6.5% |
Price Volatility Vs. Market
How volatile is Chanhigh Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
Are Chanhigh Holdings Limited’s Returns On Capital Worth Investigating?4 months ago | Simply Wall St
How Does Chanhigh Holdings's (HKG:2017) P/E Compare To Its Industry, After Its Big Share Price Gain?4 months ago | Simply Wall St
Here's How P/E Ratios Can Help Us Understand Chanhigh Holdings Limited (HKG:2017)Valuation
Is Chanhigh Holdings undervalued compared to its fair value and its price relative to the market?
3.9x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 2017's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 2017's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 2017 is good value based on its PE Ratio (3.9x) compared to the HK Construction industry average (8.1x).
PE vs Market: 2017 is good value based on its PE Ratio (3.9x) compared to the Hong Kong market (10.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2017's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2017 is good value based on its PB Ratio (0.2x) compared to the HK Construction industry average (0.8x).
Next Steps
Future Growth
How is Chanhigh Holdings 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 Chanhigh 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 whether Chanhigh Holdings 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.
- Chanhigh 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 Chanhigh Holdings performed over the past 5 years?
-27.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2017 has a high level of non-cash earnings.
Growing Profit Margin: 2017's current net profit margins (3%) are higher than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: 2017's earnings have declined by 27.5% per year over the past 5 years.
Accelerating Growth: 2017's earnings growth over the past year (142.1%) exceeds its 5-year average (-27.5% per year).
Earnings vs Industry: 2017 earnings growth over the past year (142.1%) exceeded the Construction industry -7.7%.
Return on Equity
High ROE: 2017's Return on Equity (4.8%) is considered low.
Next Steps
Financial Health
How is Chanhigh Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 2017's short term assets (CN¥1.9B) exceed its short term liabilities (CN¥1.1B).
Long Term Liabilities: 2017's short term assets (CN¥1.9B) exceed its long term liabilities (CN¥105.5M).
Debt to Equity History and Analysis
Debt Level: 2017's debt to equity ratio (67%) is considered high.
Reducing Debt: 2017's debt to equity ratio has reduced from 131.6% to 67% over the past 5 years.
Debt Coverage: 2017's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2017's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Chanhigh Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2017's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2017'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 2017's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2017'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 2017'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?
3.9yrs
Average management tenure
CEO
Yonghui Peng (38 yo)
3.42yrs
Tenure
CN¥1,847,000
Compensation
Mr. Yonghui Peng serves as the Chief Executive Officer of Chanhigh Holdings Limited and has been its Executive Director since April 01, 2016. Mr. Peng joined Chanhigh Holdings Limited in April 2004. He is ...
CEO Compensation Analysis
Compensation vs Market: Yonghui's total compensation ($USD265.64K) is about average for companies of similar size in the Hong Kong market ($USD230.84K).
Compensation vs Earnings: Yonghui's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 3.42yrs | no data | no data | |
| CEO & Executive Director | 3.42yrs | CN¥1.85m | 73.24% CN¥ 131.4m | |
| Executive Director | 4.33yrs | no data | no data | |
| CFO, VP & Company Secretary | 4.67yrs | no data | no data | |
| Head of Quality Control Department | 4.33yrs | no data | no data | |
| General Manager of Ningbo Hong Yuan Construction | 1.25yrs | no data | no data |
3.9yrs
Average Tenure
48.5yo
Average Age
Experienced Management: 2017's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 3.42yrs | no data | no data | |
| CEO & Executive Director | 3.42yrs | CN¥1.85m | 73.24% CN¥ 131.4m | |
| Executive Director | 4.33yrs | no data | no data | |
| Non-Executive Director | 4.33yrs | CN¥70.00k | no data | |
| Independent Non-Executive Director | 3.42yrs | CN¥70.00k | no data | |
| Independent Non-Executive Director | 3.42yrs | CN¥70.00k | no data | |
| Independent Non-Executive Director | 3.42yrs | CN¥70.00k | no data |
3.4yrs
Average Tenure
56yo
Average Age
Experienced Board: 2017's board of directors are considered experienced (3.4 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
Chanhigh Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Chanhigh Holdings Limited
- Ticker: 2017
- Exchange: SEHK
- Founded: 2001
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: HK$179.366m
- Shares outstanding: 618.50m
- Website: https://www.chanhigh.com.hk
Number of Employees
Location
- Chanhigh Holdings Limited
- Cang Hai Industry Building
- 17th and 18th Floors
- Ningbo
- Zhejiang Province
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2017 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Mar 2017 |
Biography
Chanhigh Holdings Limited, an investment holding company, provides landscape and municipal works construction, and maintenance services in the People’s Republic of China. It operates through four segments: ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/07 12:56 |
| End of Day Share Price | 2020/08/06 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.