2258 Stock Overview
Watts International Maritime Company Limited, an investment holding company, operates as a port, waterway, and marine and municipal public engineering services provider in the People's Republic of China.
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Watts International Maritime Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.41|
|52 Week High||HK$0.80|
|52 Week Low||HK$0.28|
|1 Month Change||36.67%|
|3 Month Change||24.24%|
|1 Year Change||-29.31%|
|3 Year Change||-58.59%|
|5 Year Change||n/a|
|Change since IPO||-69.17%|
Recent News & Updates
Here's What's Concerning About Watts International Maritime's (HKG:2258) Returns On Capital
Did you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Watts International Maritime (HKG:2258) Is Increasing Its Dividend To HK$0.016
The board of Watts International Maritime Company Limited ( HKG:2258 ) has announced that the dividend on 16th of...
Watts International Maritime (HKG:2258) Is Paying Out A Larger Dividend Than Last Year
Watts International Maritime Company Limited ( HKG:2258 ) has announced that it will be increasing its dividend on the...
|2258||HK Construction||HK Market|
Return vs Industry: 2258 underperformed the Hong Kong Construction industry which returned -12.7% over the past year.
Return vs Market: 2258 underperformed the Hong Kong Market which returned -20.8% over the past year.
|2258 Average Weekly Movement||27.6%|
|Construction Industry Average Movement||7.0%|
|Market Average Movement||6.5%|
|10% most volatile stocks in HK Market||12.8%|
|10% least volatile stocks in HK Market||3.2%|
Stable Share Price: 2258 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 28% a week.
Volatility Over Time: 2258's weekly volatility has increased from 16% to 28% over the past year.
About the Company
Watts International Maritime Company Limited, an investment holding company, operates as a port, waterway, and marine and municipal public engineering services provider in the People's Republic of China. It operates through two segments, Marine Construction and Municipal Public Construction. The Marine Construction segment includes infrastructure construction of ports, waterway engineering, and other services.
Watts International Maritime Fundamentals Summary
|2258 fundamental statistics|
Is 2258 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2258 income statement (TTM)|
|Cost of Revenue||CN¥2.06b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 25, 2022
|Earnings per share (EPS)||0.057|
|Net Profit Margin||2.08%|
How did 2258 perform over the long term?See historical performance and comparison
3.7%Current Dividend Yield
Is 2258 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2258?
Other financial metrics that can be useful for relative valuation.
|What is 2258's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 2258's PE Ratio compare to its peers?
|2258 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
368 Superland Group Holdings
1953 Rimbaco Group Global
2863 Golden Faith Group Holdings
1582 CR Construction Group Holdings
2258 Watts International Maritime
Price-To-Earnings vs Peers: 2258 is good value based on its Price-To-Earnings Ratio (6.2x) compared to the peer average (28.7x).
Price to Earnings Ratio vs Industry
How does 2258's PE Ratio compare vs other companies in the HK Construction Industry?
Price-To-Earnings vs Industry: 2258 is good value based on its Price-To-Earnings Ratio (6.2x) compared to the Hong Kong Construction industry average (11.5x)
Price to Earnings Ratio vs Fair Ratio
What is 2258's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||6.2x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 2258's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 2258 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 2258 (HK$0.41) is trading above our estimate of fair value (HK$0.25)
Significantly Below Fair Value: 2258 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Watts International Maritime forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Watts International Maritime 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.
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- Examine Watts International Maritime'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.
- Watts International Maritime competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Watts International Maritime performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2258 has a high level of non-cash earnings.
Growing Profit Margin: 2258's current net profit margins (2.1%) are lower than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: 2258's earnings have declined by 17.2% per year over the past 5 years.
Accelerating Growth: 2258's earnings growth over the past year (0.5%) exceeds its 5-year average (-17.2% per year).
Earnings vs Industry: 2258 earnings growth over the past year (0.5%) exceeded the Construction industry -13.2%.
Return on Equity
High ROE: 2258's Return on Equity (6.7%) is considered low.
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How is Watts International Maritime's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 2258's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 2258's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥282.6M).
Debt to Equity History and Analysis
Debt Level: 2258 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 2258's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2258's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2258's interest payments on its debt are well covered by EBIT (49.9x coverage).
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What is Watts International Maritime current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2258's dividend (3.7%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.84%).
High Dividend: 2258's dividend (3.7%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.27%).
Stability and Growth of Payments
Stable Dividend: 2258 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 2258 has only been paying a dividend for 3 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (22.8%), 2258's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 2258 is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Yun Wan (43 yo)
Ms. Wan Yun has been Chief Executive Officer at Watts International Maritime Engineering Limited since March 27, 2019 and its Executive Director since April 9, 2018. Ms. Wan joined the Group in January 201...
CEO Compensation Analysis
Compensation vs Market: Yun's total compensation ($USD91.14K) is below average for companies of similar size in the Hong Kong market ($USD244.40K).
Compensation vs Earnings: Yun's compensation has been consistent with company performance over the past year.
Experienced Management: 2258's management team is considered experienced (3.4 years average tenure).
Experienced Board: 2258's board of directors are considered experienced (4.1 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Watts International Maritime Company Limited's employee growth, exchange listings and data sources
- Name: Watts International Maritime Company Limited
- Ticker: 2258
- Exchange: SEHK
- Founded: 2017
- Industry: Construction and Engineering
- Sector: Capital Goods
- Implied Market Cap: HK$321.906m
- Shares outstanding: 825.40m
- Website: https://www.shbt-china.com
Number of Employees
- Watts International Maritime Company Limited
- Tower 17
- 5th Floor
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/18 00:00|
|End of Day Share Price||2022/08/18 00:00|
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.