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New Concepts Holdings

SEHK:2221
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2221
SEHK
HK$791M
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

New Concepts Holdings Limited, an investment holding company, operates in the construction industry in the People’s Republic of China and internationally. The last earnings update was 24 days ago. More info.


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2221 Share Price and Events
7 Day Returns
-17%
SEHK:2221
0.1%
HK Construction
1%
HK Market
1 Year Returns
-
SEHK:2221
-11.4%
HK Construction
-4.7%
HK Market
2221 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
New Concepts Holdings (2221) -17% 1.5% 0% - -46.7% -
HK Construction 0.1% -3.5% -13.6% -11.4% -21.4% -4.6%
HK Market 1% 3.9% -7.8% -4.7% 17.5% 2%
1 Year Return vs Industry and Market
  • No trading data on 2221.
  • No trading data on 2221.
Price Volatility
2221
Industry
5yr Volatility vs Market

2221 Value

 Is New Concepts 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 New Concepts Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$1.37.
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 New Concepts Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are New Concepts Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:2221 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in HKD HK$-0.16
SEHK:2221 Share Price ** SEHK (2019-07-18) in HKD HK$1.37
Hong Kong Construction Industry PE Ratio Median Figure of 105 Publicly-Listed Construction Companies 10.17x
Hong Kong Market PE Ratio Median Figure of 1,510 Publicly-Listed Companies 10.82x

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

** Primary Listing of New Concepts Holdings.

SEHK:2221 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:2221 Share Price ÷ EPS (both in HKD)

= 1.37 ÷ -0.16

-8.36x

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

  • New Concepts Holdings is loss making, we can't compare its value to the HK Construction industry average.
  • New Concepts Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does New Concepts Holdings's expected growth come at a high price?
Raw Data
SEHK:2221 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8.36x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Construction Industry PEG Ratio Median Figure of 10 Publicly-Listed Construction Companies 0.56x
Hong Kong Market PEG Ratio Median Figure of 479 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for New Concepts Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on New Concepts Holdings's assets?
Raw Data
SEHK:2221 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in HKD HK$0.73
SEHK:2221 Share Price * SEHK (2019-07-18) in HKD HK$1.37
Hong Kong Construction Industry PB Ratio Median Figure of 136 Publicly-Listed Construction Companies 1.34x
Hong Kong Market PB Ratio Median Figure of 2,197 Publicly-Listed Companies 0.92x
SEHK:2221 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:2221 Share Price ÷ Book Value per Share (both in HKD)

= 1.37 ÷ 0.73

1.88x

* Primary Listing of New Concepts Holdings.

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

  • New Concepts Holdings is overvalued based on assets compared to the HK Construction industry average.
X
Value checks
We assess New Concepts 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 Construction 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 Construction industry average (and greater than 0)? (1 check)
  5. New Concepts Holdings has a total score of 0/6, 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.

2221 Future Performance

 How is New Concepts Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 New Concepts 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
11.9%
Expected Construction industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is New Concepts Holdings expected to grow at an attractive rate?
  • Unable to compare New Concepts Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare New Concepts Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare New Concepts Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:2221 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Construction Industry Earnings Growth Rate Market Cap Weighted Average 11.9%
Hong Kong Construction Industry Revenue Growth Rate Market Cap Weighted Average 9.6%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average -5.2%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 13.5%

*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:2221 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:2221 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:2221 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-03-31 1,022 -93
2018-12-31 973 -149
2018-09-30 925 -40 -204
2018-06-30 927 -112 -215
2018-03-31 928 -185 -225
2017-12-31 1,090 -119
2017-09-30 1,252 -353 -13
2017-06-30 1,246 -260 17
2017-03-31 1,240 -168 48
2016-12-31 1,279 45
2016-09-30 1,319 -101 42
2016-06-30 1,365 -65 46

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if New Concepts Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if New Concepts Holdings is high growth as no revenue estimate data is available.
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:2221 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from New Concepts Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2221 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:2221 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-03-31 -0.16
2018-12-31 -0.27
2018-09-30 -0.38
2018-06-30 -0.41
2018-03-31 -0.44
2017-12-31 -0.23
2017-09-30 -0.03
2017-06-30 0.04
2017-03-31 0.10
2016-12-31 0.10
2016-09-30 0.10
2016-06-30 0.11

*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.
  • Unable to establish if New Concepts Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 2221’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. New Concepts Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. New Concepts Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess New Concepts 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 Hong Kong 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.
New Concepts Holdings has a total score of 0/6, 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.

2221 Past Performance

  How has New Concepts Holdings performed over the past 5 years?

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 New Concepts Holdings's growth in the last year to its industry (Construction).
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.
  • New Concepts Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare New Concepts Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare New Concepts Holdings's 1-year growth to the HK Construction industry average as it is not currently profitable.
Earnings and Revenue History
New Concepts 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 New Concepts Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2221 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,021.73 -92.66 275.30
2018-12-31 973.47 -148.58 227.39
2018-09-30 925.20 -204.49 179.49
2018-06-30 926.83 -214.64 152.98
2018-03-31 928.46 -224.79 126.47
2017-12-31 1,090.01 -118.91 122.13
2017-09-30 1,251.56 -13.03 117.78
2017-06-30 1,245.69 17.29 107.85
2017-03-31 1,239.81 47.61 97.91
2016-12-31 1,279.31 44.71 78.25
2016-09-30 1,318.81 41.80 58.59
2016-06-30 1,365.30 45.76 45.54
2016-03-31 1,411.80 49.72 32.50
2015-12-31 1,231.80 57.60 26.22
2015-09-30 1,051.80 65.49 19.94
2015-06-30 916.32 59.42 17.36
2015-03-31 780.85 53.35 14.78
2014-12-31 683.34 51.97 14.30
2014-09-30 585.82 50.60 13.82
2014-06-30 524.42 50.60 13.12
2014-03-31 463.02 50.60 12.43
2013-03-31 230.43 23.01 4.75

*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.
  • It is difficult to establish if New Concepts Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if New Concepts Holdings has efficiently used its assets last year compared to the HK Construction industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if New Concepts Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess New Concepts 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 Construction 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.
New Concepts Holdings has a total score of 0/6, 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.

2221 Health

 How is New Concepts 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 New Concepts Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • New Concepts Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • New Concepts Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of New Concepts 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.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.8x 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 New Concepts Holdings Company Filings, last reported 3 months ago.

SEHK:2221 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 482.41 763.56 59.48
2018-12-31 482.41 763.56 59.48
2018-09-30 576.48 849.94 74.45
2018-06-30 576.48 849.94 74.45
2018-03-31 482.07 667.63 61.73
2017-12-31 482.07 667.63 61.73
2017-09-30 567.86 253.69 59.44
2017-06-30 567.86 253.69 59.44
2017-03-31 501.51 535.67 160.67
2016-12-31 501.51 535.67 160.67
2016-09-30 391.06 9.44 234.08
2016-06-30 391.06 9.44 234.08
2016-03-31 211.29 349.79 195.25
2015-12-31 211.29 349.79 195.25
2015-09-30 186.50 8.32 105.29
2015-06-30 186.50 8.32 105.29
2015-03-31 155.83 22.31 57.09
2014-12-31 155.83 22.31 57.09
2014-09-30 131.60 18.31 83.35
2014-06-30 131.60 18.31 83.35
2014-03-31 49.37 18.31 38.16
2013-03-31 51.22 18.31 24.61
  • New Concepts Holdings's level of debt (158.3%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (67.1% vs 158.3% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • New Concepts Holdings has less than a year of cash runway based on current free cash flow.
  • New Concepts Holdings has less than a year of cash runway if free cash flow continues to grow at historical rates of 20.7% each year.
X
Financial health checks
We assess New Concepts 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. New Concepts Holdings has a total score of 1/6, 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.

2221 Dividends

 What is New Concepts 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
0%
Current annual income from New Concepts Holdings dividends.
If you bought HK$2,000 of New Concepts Holdings shares you are expected to receive HK$0 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?
  • Unable to evaluate New Concepts Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate New Concepts Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:2221 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 0 Analyst Estimates (S&P Global) See Below
Hong Kong Construction Industry Average Dividend Yield Market Cap Weighted Average of 43 Stocks 3.9%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

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

SEHK:2221 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
SEHK:2221 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2016-07-14 0.000 0.000
2016-06-28 0.000 0.000
2015-12-14 0.000 0.000
2015-11-26 0.000 0.000
2015-07-14 0.000 0.000
2015-06-25 0.000 0.000
2014-12-11 0.050 4.330
2014-11-21 0.050 5.249

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

  • Unable to perform a dividend volatility check as New Concepts Holdings has not reported any payouts.
  • Unable to verify if New Concepts Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of New Concepts Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as New Concepts Holdings has not reported any payouts.
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 New Concepts Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 New Concepts Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. New Concepts Holdings has a total score of 0/6, see the detailed checks below.


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

2221 Management

 What is the CEO of New Concepts 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
Shulan Qin
COMPENSATION HK$695,000
AGE 56
TENURE AS CEO 2.4 years
CEO Bio

Ms. Shulan Qin has been the Chief Executive Officer of New Concepts Holdings Limited since February 27, 2017. Ms. Qin has been an Executive Director of New Concepts Holdings Limited since May 24, 2016. Ms. Qin obtained her Master’s degree in business administration from Tianjin University. She has over 30 years of experience in investment, constructions, development and operations of environmental protection-related business.

CEO Compensation
  • Shulan's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Shulan's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the New Concepts Holdings management team in years:

3.2
Average Tenure
45
Average Age
  • The tenure for the New Concepts Holdings management team is about average.
Management Team

Yongjun Zhu

TITLE
Executive Chairman
COMPENSATION
HK$2M
AGE
52

Shulan Qin

TITLE
CEO & Executive Director
COMPENSATION
HK$695K
AGE
56
TENURE
2.4 yrs

Jianwen Cai

TITLE
Executive Director
COMPENSATION
HK$1M
AGE
45

Chi Keung Chow

TITLE
Financial Controller
AGE
45
TENURE
5.4 yrs

Nicholas Lee

TITLE
Company Secretary & Executive Director
AGE
41
TENURE
3.2 yrs
Board of Directors Tenure

Average tenure and age of the New Concepts Holdings board of directors in years:

3.5
Average Tenure
54
Average Age
  • The tenure for the New Concepts Holdings board of directors is about average.
Board of Directors

Yongjun Zhu

TITLE
Executive Chairman
COMPENSATION
HK$2M
AGE
52
TENURE
3.2 yrs

Shulan Qin

TITLE
CEO & Executive Director
COMPENSATION
HK$695K
AGE
56
TENURE
3.2 yrs

Jianwen Cai

TITLE
Executive Director
COMPENSATION
HK$1M
AGE
45
TENURE
3.8 yrs

Nicholas Lee

TITLE
Company Secretary & Executive Director
AGE
41
TENURE
0.9 yrs

Adrian Lo

TITLE
Independent Non-Executive Director
COMPENSATION
HK$240K
AGE
63
TENURE
4.9 yrs

Ka Lok Tong

TITLE
Independent Non-Executive Director
COMPENSATION
HK$240K
AGE
56
TENURE
4.9 yrs

Raymond Choy

TITLE
Independent Non Executive Director
COMPENSATION
HK$240K
AGE
70
TENURE
4.9 yrs

Larry Zhang

TITLE
Non-Executive Director
COMPENSATION
HK$60K
AGE
48
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
18. Apr 19 Buy Yongjun Zhu Individual 17. Apr 19 17. Apr 19 104,000 HK$1.43 HK$148,720
08. Apr 19 Buy Yongjun Zhu Individual 04. Apr 19 04. Apr 19 88,000 HK$1.56 HK$137,280
03. Apr 19 Buy Yongjun Zhu Individual 03. Apr 19 03. Apr 19 140,000 HK$1.48 HK$207,200
02. Apr 19 Buy Yongjun Zhu Individual 01. Apr 19 01. Apr 19 60,000 HK$1.59 HK$95,400
22. Mar 19 Buy Yongjun Zhu Individual 21. Mar 19 21. Mar 19 104,000 HK$1.59 HK$165,360
20. Mar 19 Buy Yongjun Zhu Individual 20. Mar 19 20. Mar 19 80,000 HK$1.59 HK$127,200
19. Mar 19 Buy Yongjun Zhu Individual 18. Mar 19 18. Mar 19 52,000 HK$1.63 HK$84,120
15. Mar 19 Buy Yongjun Zhu Individual 14. Mar 19 14. Mar 19 312,000 HK$1.58 HK$492,960
11. Mar 19 Buy Yongjun Zhu Individual 11. Mar 19 11. Mar 19 100,000 HK$1.66 HK$166,000
12. Mar 19 Buy Yongjun Zhu Individual 12. Mar 19 12. Mar 19 152,000 HK$1.61 HK$244,720
08. Mar 19 Buy Yongjun Zhu Individual 08. Mar 19 08. Mar 19 112,000 HK$1.65 HK$184,800
04. Mar 19 Buy Yongjun Zhu Individual 04. Mar 19 04. Mar 19 100,000 HK$1.69 HK$169,000
28. Feb 19 Buy Yongjun Zhu Individual 28. Feb 19 28. Feb 19 72,000 HK$1.65 HK$118,800
27. Feb 19 Buy Yongjun Zhu Individual 27. Feb 19 27. Feb 19 196,000 HK$1.67 HK$327,320
26. Feb 19 Buy Yongjun Zhu Individual 25. Feb 19 25. Feb 19 280,000 HK$1.70 HK$476,000
22. Feb 19 Buy Yongjun Zhu Individual 22. Feb 19 22. Feb 19 300,000 HK$1.68 HK$504,000
20. Feb 19 Buy Yongjun Zhu Individual 20. Feb 19 20. Feb 19 320,000 HK$1.72 HK$544,400
19. Feb 19 Buy Yongjun Zhu Individual 19. Feb 19 19. Feb 19 440,000 HK$1.77 HK$771,979
19. Feb 19 Buy Lihui Zhang Individual 18. Feb 19 18. Feb 19 48,000 HK$1.68 HK$80,688
19. Feb 19 Buy Yongjun Zhu Individual 18. Feb 19 18. Feb 19 216,000 HK$1.76 HK$379,331
X
Management checks
We assess New Concepts 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. New Concepts 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.

2221 News

Simply Wall St News

New Concepts Holdings Limited (HKG:2221) Insiders Increased Their Holdings

So shareholders might well want to know whether insiders have been buying or selling shares in New Concepts Holdings Limited (HKG:2221). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … In our view, the price an insider pays for shares is very important

Simply Wall St -

New Concepts Holdings Limited (HKG:2221): Time For A Financial Health Check

New Concepts Holdings Limited (HKG:2221) is a small-cap stock with a market capitalization of HK$859m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

Simply Wall St -

What Should You Know About New Concepts Holdings Limited's (HKG:2221) Capital Returns?

and looking to gauge the potential return on investment in New Concepts Holdings Limited (HKG:2221). … This share represents a portion of capital used by the company to operate the business, and it is important the company is able to use the capital base efficiently to create adequate cash flows for you as an investor. … Thus, to understand how your money can grow by investing in New Concepts Holdings, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE)

Simply Wall St -

Why New Concepts Holdings Limited's (HKG:2221) Investor Composition Impacts Your Returns

In this analysis, my focus will be on developing a perspective on New Concepts Holdings Limited’s (HKG:2221) latest ownership structure, a less discussed, but important factor. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

Simply Wall St -

2221 Company Info

Description

New Concepts Holdings Limited, an investment holding company, operates in the construction industry in the People’s Republic of China and internationally. It operates through three segments: Construction Works, Sales of Construction Materials, and Environmental Protection. The company’s foundation works include driven H-piling, socketed H-piles, geotechnical instrumentation, hoarding modification and associated works, mini-piles, footing foundation, and pile cap works; and foundation and general building works. It is also involved in sale of membrane distillation modules; kitchen waste treatment; and water treatment, as well as environmental improvement solutions. The company was founded in 1996 and is headquartered in Kowloon Bay, Hong Kong.

Details
Name: New Concepts Holdings Limited
2221
Exchange: SEHK
Founded: 1996
HK$790,602,184
572,900,134
Website: http://www.primeworld-china.com
Address: New Concepts Holdings Limited
Office B,
3rd Floor,
Kowloon Bay,
Kowloon, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 2221 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 19. Sep 2014
Number of employees
Current staff
Staff numbers
682
New Concepts Holdings employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/18 13:03
End of day share price update: 2019/07/18 00:00
Last estimates confirmation: 2019/02/14
Last earnings filing: 2019/06/24
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


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.