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Noble Century Investment Holdings

SEHK:2322
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2322
SEHK
HK$3B
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

Noble Century Investment Holdings Limited, an investment holding company, engages in vessel chartering, trading, money lending, and finance leasing businesses in the People’s Republic of China and Southeast Asia. The last earnings update was 115 days ago. More info.


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  • Noble Century Investment Holdings has significant price volatility in the past 3 months.
2322 Share Price and Events
7 Day Returns
-1.4%
SEHK:2322
-1.3%
HK Trade Distributors
0.3%
HK Market
1 Year Returns
6.2%
SEHK:2322
4.4%
HK Trade Distributors
-4.8%
HK Market
2322 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Noble Century Investment Holdings (2322) -1.4% 4.5% -22.5% 6.2% -45.2% 379.2%
HK Trade Distributors -1.3% 5.2% 10.2% 4.4% -40.2% -48.7%
HK Market 0.3% 2.2% 11.2% -4.8% 27.1% 20.8%
1 Year Return vs Industry and Market
  • 2322 outperformed the Trade Distributors industry which returned 4.4% over the past year.
  • 2322 outperformed the Market in Hong Kong which returned -4.8% over the past year.
Price Volatility
2322
Industry
5yr Volatility vs Market

2322 Value

 Is Noble Century Investment 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 Noble Century Investment Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.69.
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 Noble Century Investment Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Noble Century Investment Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:2322 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in HKD HK$-0.01
SEHK:2322 Share Price ** SEHK (2019-04-18) in HKD HK$0.69
Hong Kong Trade Distributors Industry PE Ratio Median Figure of 32 Publicly-Listed Trade Distributors Companies 14.35x
Hong Kong Market PE Ratio Median Figure of 1,474 Publicly-Listed Companies 12.01x

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

** Primary Listing of Noble Century Investment Holdings.

SEHK:2322 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:2322 Share Price ÷ EPS (both in HKD)

= 0.69 ÷ -0.01

-89.37x

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

  • Noble Century Investment Holdings is loss making, we can't compare its value to the HK Trade Distributors industry average.
  • Noble Century Investment Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Noble Century Investment Holdings's expected growth come at a high price?
Raw Data
SEHK:2322 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -89.37x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Trade Distributors Industry PEG Ratio Median Figure of 76 Publicly-Listed Trade Distributors Companies 1.31x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.87x

*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 Noble Century Investment Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Noble Century Investment Holdings's assets?
Raw Data
SEHK:2322 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in HKD HK$0.21
SEHK:2322 Share Price * SEHK (2019-04-18) in HKD HK$0.69
Hong Kong Trade Distributors Industry PB Ratio Median Figure of 59 Publicly-Listed Trade Distributors Companies 1.16x
Hong Kong Market PB Ratio Median Figure of 2,149 Publicly-Listed Companies 1.03x
SEHK:2322 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:2322 Share Price ÷ Book Value per Share (both in HKD)

= 0.69 ÷ 0.21

3.28x

* Primary Listing of Noble Century Investment Holdings.

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

  • Noble Century Investment Holdings is overvalued based on assets compared to the HK Trade Distributors industry average.
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Value checks
We assess Noble Century Investment 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 Trade Distributors 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 Trade Distributors industry average (and greater than 0)? (1 check)
  5. Noble Century Investment 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.

2322 Future Performance

 How is Noble Century Investment 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 Noble Century Investment 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
10.8%
Expected Trade Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Noble Century Investment Holdings expected to grow at an attractive rate?
  • Unable to compare Noble Century Investment Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Noble Century Investment Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare Noble Century Investment Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:2322 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 10.8%
Asia Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 13.6%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 11.3%

*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:2322 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 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:2322 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:2322 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-09-30 319 -48 -28
2018-06-30 391 -6 -38
2018-03-31 463 36 -48
2017-12-31 644 -11 -39
2017-09-30 825 -57 -29
2017-06-30 1,481 -133 -23
2017-03-31 2,137 -208 -18
2016-12-31 2,216 -302 -24
2016-09-30 2,295 -395 -31
2016-06-30 1,834 -349 -25
2016-03-31 1,374 -302 -19
2015-12-31 1,093 -178 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Noble Century Investment Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Noble Century Investment 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:2322 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Noble Century Investment Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2322 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:2322 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-09-30 -0.01
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 0.00
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 -0.01
2015-12-31 0.00

*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 Noble Century Investment Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Noble Century Investment 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.
  2. Noble Century Investment 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. Noble Century Investment 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
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Future performance checks
We assess Noble Century Investment 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 Asia 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.
Noble Century Investment 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.

2322 Past Performance

  How has Noble Century Investment 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 Noble Century Investment Holdings's growth in the last year to its industry (Trade Distributors).
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.
  • Noble Century Investment Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Noble Century Investment Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Noble Century Investment Holdings's 1-year growth to the HK Trade Distributors industry average as it is not currently profitable.
Earnings and Revenue History
Noble Century Investment 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 Noble Century Investment Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2322 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 319.02 -28.42 62.33
2018-06-30 391.15 -38.41 58.27
2018-03-31 463.27 -48.41 54.21
2017-12-31 643.89 -38.57 48.24
2017-09-30 824.50 -28.73 42.76
2017-06-30 1,480.85 -23.21 41.80
2017-03-31 2,137.19 -17.69 40.85
2016-12-31 2,216.15 -24.34 39.92
2016-09-30 2,295.10 -30.99 38.99
2016-06-30 1,834.34 -24.87 34.64
2016-03-31 1,373.59 -18.75 30.29
2015-12-31 1,092.65 -3.90 25.32
2015-09-30 811.71 10.95 20.35
2015-06-30 566.88 9.47 18.28
2015-03-31 322.06 7.98 16.22
2014-12-31 208.32 0.78 14.40
2014-09-30 94.58 -6.42 12.58
2014-06-30 53.76 -4.95 12.26
2014-03-31 12.94 -3.49 11.95
2013-12-31 6.47 -10.48 11.13
2013-09-30 -17.47 10.31
2013-06-30 -24.44 9.64
2013-03-31 -31.41 8.97
2012-12-31 0.00 -29.17 8.74
2012-09-30 0.00 -26.92 8.52
2012-06-30 12.46 -31.74 12.57

*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 Noble Century Investment 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 Noble Century Investment Holdings has efficiently used its assets last year compared to the HK Trade Distributors industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Noble Century Investment Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
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Past performance checks
We assess Noble Century Investment 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 Trade Distributors 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.
Noble Century Investment 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.

2322 Health

 How is Noble Century Investment 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 Noble Century Investment Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Noble Century Investment Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Noble Century Investment Holdings has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Noble Century Investment 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 covered by short term assets, assets are 37.2x 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 Noble Century Investment Holdings Company Filings, last reported 6 months ago.

SEHK:2322 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 764.02 16.51 206.17
2018-06-30 764.02 16.51 206.17
2018-03-31 869.18 20.39 251.48
2017-12-31 869.18 20.39 251.48
2017-09-30 856.85 19.68 217.54
2017-06-30 856.85 19.68 217.54
2017-03-31 845.05 19.71 162.78
2016-12-31 845.05 19.71 162.78
2016-09-30 849.97 94.90 326.35
2016-06-30 849.97 94.90 326.35
2016-03-31 877.77 130.55 561.77
2015-12-31 877.77 130.55 561.77
2015-09-30 288.70 98.91 265.50
2015-06-30 288.70 98.91 265.50
2015-03-31 215.63 0.02 152.56
2014-12-31 215.63 0.02 152.56
2014-09-30 206.17 1.44 138.97
2014-06-30 206.17 1.44 138.97
2014-03-31 60.21 0.76 163.03
2013-12-31 60.21 0.76 163.03
2013-09-30 63.79 2.43 36.86
2013-06-30 63.79 2.43 36.86
2013-03-31 31.00 14.26 16.29
2012-12-31 31.00 14.26 16.29
2012-09-30 19.33 38.98 3.14
2012-06-30 19.33 38.98 3.14
  • Noble Century Investment Holdings's level of debt (2.2%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (3.8% vs 2.2% 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.

  • Noble Century Investment Holdings has sufficient cash runway for more than 3 years based on current free cash flow.
  • Noble Century Investment Holdings has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -59.1% each year.
X
Financial health checks
We assess Noble Century Investment 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. Noble Century Investment Holdings has a total score of 6/6, 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.

2322 Dividends

 What is Noble Century Investment 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 Noble Century Investment Holdings dividends.
If you bought HK$2,000 of Noble Century Investment 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 Noble Century Investment Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Noble Century Investment 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:2322 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 Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.3%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 965 Stocks 3.4%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.1%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 1.9%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

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

SEHK:2322 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
SEHK:2322 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2011-11-17 0.000 0.000
2011-11-14 0.000 0.000
2011-06-30 0.000 0.000
2011-06-22 0.000 0.000
2011-02-21 0.000 0.000
2010-07-16 0.007 0.385
2009-07-21 0.010 0.649
2009-04-22 0.013 0.868

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

  • Unable to perform a dividend volatility check as Noble Century Investment Holdings has not reported any payouts.
  • Unable to verify if Noble Century Investment Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Noble Century Investment Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Noble Century Investment 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.
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Income/ dividend checks
We assess Noble Century Investment Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Noble Century Investment Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Noble Century Investment 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.

2322 Management

 What is the CEO of Noble Century Investment 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
Chi Yuen Chan
COMPENSATION HK$3,724,000
AGE 51
TENURE AS CEO 7.8 years
CEO Bio

Mr. Chi Yuen Chan has been the Chief Executive Officer of Noble Century Investment Holdings Limited (formerly Sam Woo Holdings Ltd.) since June 30, 2011 and served as its Company Secretary from June 30, 2011 to February 13, 2017. Mr. Chan has been an Executive Director at Noble Century Investment Holdings Limited (formerly Sam Woo Holdings Ltd.) since June 24, 2011. Mr. Chan has a Bachelor's degree with honours in Business Administration and a Master of Science degree in Corporate Governance and Directorship.

CEO Compensation
  • Chi Yuen's compensation has increased whilst company is loss making.
  • Chi Yuen's remuneration is higher than average for companies of similar size in Hong Kong.
Management Team

Juhua Zheng

TITLE
Executive Chairman of the Board
COMPENSATION
HK$2M
AGE
46

Chi Yuen Chan

TITLE
CEO & Executive Director
COMPENSATION
HK$4M
AGE
51
TENURE
7.8 yrs

Chun Lau

TITLE
COMPENSATION
HK$300K
AGE
75

Wai Chan

TITLE
Financial Manager & Company Secretary
AGE
36

Yue Li

TITLE
Finance Manager
AGE
30

Guocheng Fan

TITLE
Financial Controller of PRC Division
AGE
51
Board of Directors Tenure

Average tenure and age of the Noble Century Investment Holdings board of directors in years:

8
Average Tenure
51
Average Age
  • The tenure for the Noble Century Investment Holdings board of directors is about average.
Board of Directors

Juhua Zheng

TITLE
Executive Chairman of the Board
COMPENSATION
HK$2M
AGE
46
TENURE
8 yrs

Chi Yuen Chan

TITLE
CEO & Executive Director
COMPENSATION
HK$4M
AGE
51
TENURE
7.8 yrs

Kenneth Chi

TITLE
Independent Non Executive Director
COMPENSATION
HK$150K
AGE
49
TENURE
8 yrs

Peter Yu

TITLE
Independent Non Executive Director
COMPENSATION
HK$150K
AGE
67

Kwok Man

TITLE
Independent Non-Executive Director
COMPENSATION
HK$150K
AGE
71
TENURE
8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
28. Sep 18 Sell China Construction Bank Corporation, Asset Management Arm Company 26. Sep 18 26. Sep 18 -60,000,000 HK$0.50 HK$-29,999,818
21. Sep 18 Buy Juhua Zheng Individual 19. Sep 18 19. Sep 18 31,200,000 HK$0.65 HK$20,280,118
11. Jul 18 Buy Juhua Zheng Individual 06. Jul 18 06. Jul 18 45,712,000 HK$0.65 HK$29,712,931
X
Management checks
We assess Noble Century Investment 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. Noble Century Investment 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.

2322 News

Simply Wall St News

What Kind Of Shareholder Appears On The Noble Century Investment Holdings Limited's (HKG:2322) Shareholder Register?

The big shareholder groups in Noble Century Investment Holdings Limited (HKG:2322) have power over the company. … Noble Century Investment Holdings is a smaller company with a market capitalization of HK$2.6b, so it may still be flying under the radar of many institutional investors. … View our latest analysis for Noble Century Investment Holdings

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The Noble Century Investment Holdings (HKG:2322) Share Price Has Gained 202%, So Why Not Pay It Some Attention?

The Noble Century Investment Holdings Limited (HKG:2322) share price is down a rather concerning 39% in the last month. … Noble Century Investment Holdings isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … For the last half decade, Noble Century Investment Holdings can boast revenue growth at a rate of 23% per year.

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Is Noble Century Investment Holdings Limited's (HKG:2322) CEO Paid At A Competitive Rate?

Chi Yuen Chan has been the CEO of Noble Century Investment Holdings Limited (HKG:2322) since 2011. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Chi Yuen Chan's Compensation Compare With Similar Sized Companies?

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How Much Are Noble Century Investment Holdings Limited (HKG:2322) Insiders Spending On Buying Shares?

So we'll take a look at whether insiders have been buying or selling shares in Noble Century Investment Holdings Limited (HKG:2322). … View our latest analysis for Noble Century Investment Holdings. … Noble Century Investment Holdings Insider Transactions Over The Last Year.

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Do Insiders Own Shares In Noble Century Investment Holdings Limited (HKG:2322)?

If you want to know who really controls Noble Century Investment Holdings Limited (HKG:2322), then you'll have to look at the makeup of its share registry. … Noble Century Investment Holdings is a smaller company with a market capitalization of HK$2.3b, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for Noble Century Investment Holdings

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Why Noble Century Investment Holdings Limited's (HKG:2322) CEO Pay Matters To You

In 2011 Chi Yuen Chan was appointed CEO of Noble Century Investment Holdings Limited (HKG:2322). … According to our data, Noble Century Investment Holdings Limited has a market capitalization of HK$2.1b, and pays its CEO total annual compensation worth HK$3m. … It would therefore appear that Noble Century Investment Holdings Limited pays Chi Yuen Chan more than the median CEO remuneration at companies of a similar size, in the same market

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Who Owns Most Of Noble Century Investment Holdings Limited (HKG:2322)?

In this article, I will take a quick look at Noble Century Investment Holdings Limited’s (HKG:2322) recent ownership structure – an unconventional investing subject, but an important one. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … View out our latest analysis for Noble Century Investment Holdings

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2322 Company Info

Description

Noble Century Investment Holdings Limited, an investment holding company, engages in vessel chartering, trading, money lending, and finance leasing businesses in the People’s Republic of China and Southeast Asia. It owns a multi-purpose deck cargo ship for carriage of construction material and waste. The company also trades in molds, electronics and other commercial products, seafood, frozen meats and food, and methanol; and provides entrusted loan financing, and finance leasing and sale-leaseback services. In addition, it provides consultancy services. The company was formerly known as Sam Woo Holdings Limited and changed its name to Noble Century Investment Holdings Limited in September 2012. The company is based in Wanchai, Hong Kong. Noble Century Investment Holdings Limited is a subsidiary of Superb Smart Limited.

Details
Name: Noble Century Investment Holdings Limited
2322
Exchange: SEHK
Founded:
HK$2,539,614,000
3,680,600,000
Website: http://www.noblecentury.hk
Address: Noble Century Investment Holdings Limited
China Resources Building,
Suite 2202, 22nd Floor,
Wanchai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 2322 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 09. Apr 2003
SEHK 2322 HKD0.02 The Stock Exchange of Hong Kong Ltd. HK HKD 21. Apr 2019
Number of employees
Current staff
Staff numbers
57
Noble Century Investment Holdings employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/21 12:42
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2017/06/28
Last earnings filing: 2018/12/27
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


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.