Loading...

Good Friend International Holdings

SEHK:2398
Snowflake Description

Moderate growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2398
SEHK
HK$411M
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

Good Friend International Holdings Inc., an investment holding company, designs, produces, and trades in computer numerical control machine tools in the People’s Republic of China. The last earnings update was 84 days ago. More info.


Add to Portfolio Compare Print
  • Good Friend International Holdings has significant price volatility in the past 3 months.
2398 Share Price and Events
7 Day Returns
13.3%
SEHK:2398
0.8%
HK Machinery
-0.2%
HK Market
1 Year Returns
-37.8%
SEHK:2398
8.6%
HK Machinery
-4.5%
HK Market
2398 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Good Friend International Holdings (2398) 13.3% 8.5% -27.1% -37.8% -44% -56%
HK Machinery 0.8% 2.2% -11.2% 8.6% 58.1% 40.1%
HK Market -0.2% 2.7% -8.3% -4.5% 16.5% 1%
1 Year Return vs Industry and Market
  • 2398 underperformed the Machinery industry which returned 8.6% over the past year.
  • 2398 underperformed the Market in Hong Kong which returned -4.5% over the past year.
Price Volatility
2398
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Good Friend International Holdings's competitors could be found in our database.

Value

 Is Good Friend International 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 Good Friend International Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$1.02.
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 Good Friend International Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Good Friend International Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:2398 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥-0.14
SEHK:2398 Share Price ** SEHK (2019-07-18) in HKD HK$1.02
SEHK:2398 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.88 CN¥0.9
Hong Kong Machinery Industry PE Ratio Median Figure of 37 Publicly-Listed Machinery Companies 8.9x
Hong Kong Market PE Ratio Median Figure of 1,510 Publicly-Listed Companies 10.72x

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

** Primary Listing of Good Friend International Holdings.

SEHK:2398 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:2398 Share Price ÷ EPS (both in CNY)

= 0.9 ÷ -0.14

-6.27x

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

  • Good Friend International Holdings is loss making, we can't compare its value to the HK Machinery industry average.
  • Good Friend International Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Good Friend International Holdings's expected growth come at a high price?
Raw Data
SEHK:2398 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -6.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
35.5%per year
Hong Kong Machinery Industry PEG Ratio Median Figure of 12 Publicly-Listed Machinery Companies 0.7x
Hong Kong Market PEG Ratio Median Figure of 479 Publicly-Listed Companies 0.79x

*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 Good Friend International Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Good Friend International Holdings's assets?
Raw Data
SEHK:2398 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥1.78
SEHK:2398 Share Price * SEHK (2019-07-18) in HKD HK$1.02
SEHK:2398 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.88 CN¥0.9
Hong Kong Machinery Industry PB Ratio Median Figure of 50 Publicly-Listed Machinery Companies 0.98x
Hong Kong Market PB Ratio Median Figure of 2,197 Publicly-Listed Companies 0.92x
SEHK:2398 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:2398 Share Price ÷ Book Value per Share (both in CNY)

= 0.9 ÷ 1.78

0.51x

* Primary Listing of Good Friend International Holdings.

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

  • Good Friend International Holdings is good value based on assets compared to the HK Machinery industry average.
X
Value checks
We assess Good Friend International 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 Machinery 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 Machinery industry average (and greater than 0)? (1 check)
  5. Good Friend International Holdings has a total score of 1/6, 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.

Future Performance

 How is Good Friend International Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Good Friend International Holdings, future earnings growth has been estimated based on fundamentals.
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
35.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Good Friend International Holdings expected to grow at an attractive rate?
  • Good Friend International Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Good Friend International Holdings's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare Good Friend International Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:2398 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:2398 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 35.5%
Hong Kong Machinery Industry Earnings Growth Rate Market Cap Weighted Average 12.9%
Hong Kong Machinery Industry Revenue Growth Rate Market Cap Weighted Average 10.3%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.6%

*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:2398 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 CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:2398 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:2398 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 1,091 -47 -58
2018-09-30 1,145 17 -4
2018-06-30 1,199 76 49
2018-03-31 1,247 89 58
2017-12-31 1,295 107 66
2017-09-30 1,248 112 72
2017-06-30 1,202 118 78
2017-03-31 1,142 122 69
2016-12-31 1,082 125 61
2016-09-30 1,047 138 49
2016-06-30 1,011 151 38
2016-03-31 1,001 122 42

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Good Friend International Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Good Friend International 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:2398 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 Good Friend International Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2398 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:2398 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 -0.14
2018-09-30 -0.01
2018-06-30 0.12
2018-03-31 0.14
2017-12-31 0.16
2017-09-30 0.18
2017-06-30 0.19
2017-03-31 0.17
2016-12-31 0.15
2016-09-30 0.12
2016-06-30 0.09
2016-03-31 0.10

*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 Good Friend International Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Good Friend International 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.
Good Friend International Holdings has a total score of 3/6, 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.

Past Performance

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

SEHK:2398 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,090.69 -57.72 205.62 37.09
2018-09-30 1,144.87 -4.12 208.97 40.78
2018-06-30 1,199.04 49.49 254.91 0.68
2018-03-31 1,246.92 57.59 256.97 0.34
2017-12-31 1,294.80 65.69 216.44 43.80
2017-09-30 1,248.49 71.96 220.98 29.08
2017-06-30 1,202.19 78.23 225.52 14.36
2017-03-31 1,142.26 69.49 230.28 7.18
2016-12-31 1,082.34 60.75 235.04
2016-09-30 1,046.79 49.27 238.27
2016-06-30 1,011.25 37.79 241.50
2016-03-31 1,000.75 41.94 239.94
2015-12-31 990.24 46.10 238.39
2015-09-30 1,061.42 64.24 232.50
2015-06-30 1,132.59 82.39 226.62
2015-03-31 1,216.36 91.85 227.81
2014-12-31 1,300.12 101.31 229.01
2014-09-30 1,332.46 84.58 230.88
2014-06-30 1,364.81 67.86 232.76
2014-03-31 1,357.54 52.36 233.16
2013-12-31 1,350.27 36.87 233.56
2013-09-30 1,389.12 33.46 242.14
2013-06-30 1,427.96 30.04 250.72
2013-03-31 1,484.41 36.03 255.84
2012-12-31 1,540.86 42.02 260.96
2012-09-30 1,629.23 59.88 260.58

*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 Good Friend International 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 Good Friend International Holdings has efficiently used its assets last year compared to the HK Machinery industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Good Friend International 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 Good Friend International 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 Machinery 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.
Good Friend International 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.

Health

 How is Good Friend International 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 Good Friend International Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Good Friend International Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Good Friend International Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Good Friend International 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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.5x 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 Good Friend International Holdings Company Filings, last reported 6 months ago.

SEHK:2398 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 716.41 598.33 220.69
2018-09-30 716.41 598.33 220.69
2018-06-30 806.16 472.14 183.78
2018-03-31 806.16 472.14 183.78
2017-12-31 827.40 367.43 174.21
2017-09-30 827.40 367.43 174.21
2017-06-30 839.02 348.84 139.81
2017-03-31 839.02 348.84 139.81
2016-12-31 804.07 350.77 177.95
2016-09-30 804.07 350.77 177.95
2016-06-30 733.14 341.71 119.62
2016-03-31 733.14 341.71 119.62
2015-12-31 744.44 408.68 101.58
2015-09-30 744.44 408.68 101.58
2015-06-30 729.43 475.16 272.33
2015-03-31 729.43 475.16 272.33
2014-12-31 726.70 402.08 360.75
2014-09-30 726.70 402.08 360.75
2014-06-30 715.37 392.77 272.61
2014-03-31 715.37 392.77 272.61
2013-12-31 673.00 367.75 235.83
2013-09-30 673.00 367.75 235.83
2013-06-30 663.00 344.54 188.78
2013-03-31 663.00 344.54 188.78
2012-12-31 661.89 372.82 109.55
2012-09-30 661.89 372.82 109.55
  • Good Friend International Holdings's level of debt (83.5%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (54.6% vs 83.5% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Good Friend International Holdings is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Good Friend International 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. Good Friend International Holdings has a total score of 2/6, 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.

Dividends

 What is Good Friend International 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 Good Friend International Holdings dividends.
If you bought HK$2,000 of Good Friend International 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 Good Friend International Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Good Friend International 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:2398 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 Machinery Industry Average Dividend Yield Market Cap Weighted Average of 26 Stocks 3.2%
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:2398 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
SEHK:2398 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-04-26 0.000 0.000
2019-03-29 0.000 0.000
2018-08-30 0.110 7.392
2018-04-26 0.120 7.968
2018-03-28 0.120 7.937
2017-08-30 0.100 5.942
2017-04-26 0.000 0.000
2017-03-30 0.000 0.000
2016-04-28 0.030 2.045
2015-09-18 0.000 0.000
2015-08-27 0.000 0.000
2015-05-29 0.120 6.953
2014-09-23 0.120 6.384
2014-04-29 0.100 4.971
2013-09-24 0.100 5.226
2013-04-11 0.100 4.896
2012-09-11 0.150 7.121
2012-03-27 0.220 8.209
2011-08-18 0.220 6.817
2011-05-20 0.250 4.573
2010-08-26 0.300 5.749
2010-08-06 0.300 7.806
2010-02-26 0.240 7.001
2010-02-12 0.240 8.959
2009-09-23 0.180 9.805
2009-04-27 0.120 12.480
2008-09-19 0.120 14.482

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

  • Unable to perform a dividend volatility check as Good Friend International Holdings has not reported any payouts.
  • Unable to verify if Good Friend International Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Good Friend International Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Good Friend International 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 Good Friend International 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 Good Friend International Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Good Friend International 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.

Management

 What is the CEO of Good Friend International 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
Chih-Yaung Chu
COMPENSATION CN¥1,051,000
AGE 72
TENURE AS CEO 0.6 years
CEO Bio

Mr. Chih-Yaung Chu has been the Chief Executive Officer of Good Friend International Holdings Inc since December 7, 2018. Mr. Chu serves as an Executive Chairman of Good Friend International Holdings Inc and has been its Executive Director since September 2005. Mr. Chu is responsible for Good Friend Internatinal Holdings’s overall strategic planning, management, business development and the formulation of its corporate policies. He has more than 30 years of experience in the mechanics, manufacturing and machine tools industry. Mr. Chu also serves as a Director at Hangzhou Global Friend and Hangzhou Every Friend, both are wholly-owned subsidiaries. Mr. Chu was graduated from Department of Marine Engineering of National Taiwan Ocean University.

CEO Compensation
  • Chih-Yaung's compensation has increased whilst company is loss making.
  • Chih-Yaung's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team

Chih-Yaung Chu

TITLE
Executive Chairman & CEO
COMPENSATION
CN¥1M
AGE
72
TENURE
0.6 yrs

Chi-Tang Wen

TITLE
Executive Director
COMPENSATION
CN¥144K
AGE
54

Rung-Hsien Chiu

TITLE
Executive Director
COMPENSATION
CN¥144K
AGE
61

Min-Ho Chen

TITLE
Executive Director
AGE
68

Esmond Yip

TITLE
Financial Controller
AGE
53

Tai On Lo

TITLE
Company Secretary
AGE
65
TENURE
11 yrs
Board of Directors Tenure

Average tenure and age of the Good Friend International Holdings board of directors in years:

13.6
Average Tenure
63
Average Age
  • The average tenure for the Good Friend International Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Chih-Yaung Chu

TITLE
Executive Chairman & CEO
COMPENSATION
CN¥1M
AGE
72

Chi-Tang Wen

TITLE
Executive Director
COMPENSATION
CN¥144K
AGE
54
TENURE
13.6 yrs

Rung-Hsien Chiu

TITLE
Executive Director
COMPENSATION
CN¥144K
AGE
61
TENURE
13.6 yrs

Min-Ho Chen

TITLE
Executive Director
AGE
68
TENURE
13.6 yrs

Louis Koo

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥175K
AGE
63
TENURE
13.6 yrs

Yu-Tang Yu

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥88K
AGE
82
TENURE
13.6 yrs

Chun-Te Chiang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥88K
AGE
58
TENURE
13.6 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$) Value (HK$)
X
Management checks
We assess Good Friend International 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. Good Friend International 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.

News

Simply Wall St News

Introducing Good Friend International Holdings (HKG:2398), The Stock That Slid 61% In The Last Five Years

In the last half decade Good Friend International Holdings saw its share price fall as its EPS declined below zero. … Investors should note that there's a difference between Good Friend International Holdings's total shareholder return (TSR) and its share price change, which we've covered above. … Its history of dividend payouts mean that Good Friend International Holdings's TSR, which was a 52% drop over the last 5 years, was not as bad as the share price return.

Simply Wall St -

Introducing Good Friend International Holdings (HKG:2398), The Stock That Dropped 31% In The Last Five Years

So we wouldn't blame long term Good Friend International Holdings Inc. … Check out our latest analysis for Good Friend International Holdings. … While the share price declined over five years, Good Friend International Holdings actually managed to increase EPS by an average of 10% per year.

Simply Wall St -

Don't Sell Good Friend International Holdings Inc. (HKG:2398) Before You Read This

We'll show how you can use Good Friend International Holdings Inc.'s (HKG:2398) P/E ratio to inform your assessment of the investment opportunity. … Good Friend International Holdings has a P/E ratio of 12.3, based on the last twelve months. … Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS)

Simply Wall St -

Good Friend International Holdings Inc.’s (HKG:2398) Investment Returns Are Lagging Its Industry

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … Understanding Return On Capital Employed (ROCE). … ROCE is a metric for evaluating how much pre-tax income (in percentage terms) a company earns on the capital invested in its business.

Simply Wall St -

Is Good Friend International Holdings Inc. (HKG:2398) A Smart Pick For Income Investors?

Historically, Good Friend International Holdings Inc. … Does Good Friend International Holdings tick all the boxes of a great dividend stock? … See our latest analysis for Good Friend International Holdings

Simply Wall St -

What You Must Know About Good Friend International Holdings Inc's (HKG:2398) Financial Strength

Good Friend International Holdings Inc (HKG:2398) is a small-cap stock with a market capitalization of HK$685m. … 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. … So, understanding the company's financial health becomes.

Simply Wall St -

Good Friend International Holdings Inc (HKG:2398): Assessing Capital Returns

and want to better understand how you can grow your money by investing in Good Friend International Holdings Inc (HKG:2398). … To understand Good Friend International Holdings’s capital returns we will look at a useful metric called return on capital employed. … View our latest analysis for Good Friend International Holdings

Simply Wall St -

Does Good Friend International Holdings Inc (HKG:2398) Have A Place In Your Portfolio?

Good Friend International Holdings Inc (HKG:2398) has returned to shareholders over the past 10 years, an average dividend yield of 6.00% annually. … Let's dig deeper into whether Good Friend International Holdings should have a place in your portfolio. … See our latest analysis for Good Friend International Holdings

Simply Wall St -

Good Friend International Holdings Inc (HKG:2398): Time For A Financial Health Check

While small-cap stocks, such as Good Friend International Holdings Inc (HKG:2398) with its market cap of CN¥693.50m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is. … Here are a few basic checks that are good enough to have a broad overview of the company’s financial strength.

Simply Wall St -

Want To Invest In Good Friend International Holdings Inc (HKG:2398)? Here's How It Performed Lately

In this article, I will take a look at Good Friend International Holdings Inc's (HKG:2398) track record on a high level, to give you some insight into how the company has been performing against its historical trend and its industry peers. … View out our latest analysis for Good Friend International Holdings? … Could 2398 beat the long-term trend and outperform its industry.

Simply Wall St -

Company Info

Description

Good Friend International Holdings Inc., an investment holding company, designs, produces, and trades in computer numerical control machine tools in the People’s Republic of China. The company operates through three segments: Machine Tools, Parking Garage Structure, and Forklift Trucks. It also designs and constructs three dimensional car parking garage structures; and designs and assembles forklift trucks. In addition, the company trades in machine tools. The company was founded in 1993 and is based in Hangzhou, the People's Republic of China. Good Friend International Holdings Inc. is a subsidiary of Good Friend (H.K.) Corporation Limited.

Details
Name: Good Friend International Holdings Inc.
2398
Exchange: SEHK
Founded: 1993
HK$411,264,000
403,200,000
Website: http://www.goodfriend.hk
Address: Good Friend International Holdings Inc.
No. 120 Shixin North Road,
Xiaoshan Economic and Technological Development Zone,
Hangzhou,
Zhejiang Province, China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 2398 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 11. Jan 2006
TSEC 912398 DR EACH REPR 1/1 ORD SHS Taiwan Stock Exchange TW TWD 18. Mar 2010
Number of employees
Current staff
Staff numbers
1,160
Good Friend International Holdings employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/19 12:48
End of day share price update: 2019/07/18 00:00
Last estimates confirmation: 2018/03/28
Last earnings filing: 2019/04/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.