SEHK:2193

Stock Analysis Report

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Executive Summary

Man King Holdings Limited, an investment holding company, provides construction and civil engineering services to the public and private sectors in Hong Kong.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Man King Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2193 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-17.1%

2193

-0.6%

HK Construction

2.0%

HK Market


1 Year Return

-42.4%

2193

-15.6%

HK Construction

6.0%

HK Market

Return vs Industry: 2193 underperformed the Hong Kong Construction industry which returned -17.5% over the past year.

Return vs Market: 2193 underperformed the Hong Kong Market which returned 3.1% over the past year.


Shareholder returns

2193IndustryMarket
7 Day-17.1%-0.6%2.0%
30 Day13.3%-1.3%1.0%
90 Day-12.8%-3.3%9.4%
1 Year-42.4%-42.4%-11.2%-15.6%10.4%6.0%
3 Year-60.5%-62.2%-36.7%-44.7%0.8%-10.1%
5 Year-64.8%-66.3%-37.5%-48.2%10.8%-7.8%

Price Volatility Vs. Market

How volatile is Man King Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Man King Holdings undervalued compared to its fair value and its price relative to the market?

48.41x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 2193's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 2193's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 2193 is poor value based on its PE Ratio (48.4x) compared to the HK Construction industry average (8.3x).

PE vs Market: 2193 is poor value based on its PE Ratio (48.4x) compared to the Hong Kong market (10.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2193's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2193 is good value based on its PB Ratio (0.6x) compared to the HK Construction industry average (0.9x).


Next Steps

Future Growth

How is Man King Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.2%

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 Man King 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

Past Performance

How has Man King Holdings performed over the past 5 years?

-61.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2193 has a high level of non-cash earnings.

Growing Profit Margin: 2193 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 2193's earnings have declined by 61.7% per year over the past 5 years.

Accelerating Growth: 2193 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 2193 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (-7.7%).


Return on Equity

High ROE: 2193's Return on Equity (1.2%) is considered low.


Next Steps

Financial Health

How is Man King Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 2193's short term assets (HK$179.5M) exceed its short term liabilities (HK$58.8M).

Long Term Liabilities: 2193 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 2193's debt to equity ratio (2.7%) is considered satisfactory.

Reducing Debt: 2193's debt to equity ratio has reduced from 3.3% to 2.7% over the past 5 years.

Debt Coverage: 2193's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 2193's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Man King Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 2193's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 2193'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 2193's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2193's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 2193 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 2193'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?

HK$4m

CEO Compensation


CEO

Yuen Cheong Lo (66 yo)

no data

Tenure

HK$4,152,000

Compensation

Mr. Yuen Cheong Lo serves as the Executive Chairman & Chief Executive Officer of Man King Holdings Limited and has been its Director since November 12, 2014. Mr. Lo is responsible for the financial and ope ...


CEO Compensation Analysis

Compensation vs Market: Yuen Cheong's total compensation ($USD535.71K) is above average for companies of similar size in the Hong Kong market ($USD232.38K).

Compensation vs Earnings: Yuen Cheong's compensation has been consistent with company performance over the past year.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 2193 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Man King Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Man King Holdings Limited
  • Ticker: 2193
  • Exchange: SEHK
  • Founded: 1995
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$167.927m
  • Shares outstanding: 419.82m
  • Website: https://www.manking.com.hk

Number of Employees


Location

  • Man King Holdings Limited
  • Skyline Tower
  • Unit D, 10th Floor
  • Kowloon
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2193SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJul 2015

Biography

Man King Holdings Limited, an investment holding company, provides construction and civil engineering services to the public and private sectors in Hong Kong. It operates through Civil Engineering Works an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 12:42
End of Day Share Price2020/08/04 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.