Space Group Holdings Limited, an investment holding company, engages in the fitting-out and building construction works in Macau, Hong Kong, and China.
+ 1 more risk
Mediocre balance sheet with poor track record.
Share Price & News
How has Space Group Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2448 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 2448 exceeded the Hong Kong Construction industry which returned -35.1% over the past year.
Return vs Market: 2448 exceeded the Hong Kong Market which returned -22.7% over the past year.
Price Volatility Vs. Market
How volatile is Space Group Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWhat Kind Of Shareholders Own Space Group Holdings Limited (HKG:2448)?
1 month ago | Simply Wall StIf You Had Bought Space Group Holdings (HKG:2448) Stock A Year Ago, You Could Pocket A 27% Gain Today
2 months ago | Simply Wall StHere's Why Space Group Holdings (HKG:2448) Can Manage Its Debt Responsibly
Is Space Group Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 2448's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 2448's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 2448 is poor value based on its PE Ratio (11.8x) compared to the Construction industry average (7.9x).
PE vs Market: 2448 is poor value based on its PE Ratio (11.8x) compared to the Hong Kong market (8.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2448's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2448 is overvalued based on its PB Ratio (2x) compared to the HK Construction industry average (0.9x).
How is Space Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Space Group Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Take a look at our analysis of 2448’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.
- Space Group Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Space Group Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2448 has a high level of non-cash earnings.
Growing Profit Margin: 2448's current net profit margins (15.1%) are lower than last year (16.8%).
Past Earnings Growth Analysis
Earnings Trend: 2448's earnings have grown by 15.7% per year over the past 5 years.
Accelerating Growth: 2448's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 2448 had negative earnings growth (-18%) over the past year, making it difficult to compare to the Construction industry average (-7.1%).
Return on Equity
High ROE: 2448's Return on Equity (17.2%) is considered low.
How is Space Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 2448's short term assets (MOP543.8M) exceed its short term liabilities (MOP278.4M).
Long Term Liabilities: 2448's short term assets (MOP543.8M) exceed its long term liabilities (MOP3.4M).
Debt to Equity History and Analysis
Debt Level: 2448's debt to equity ratio (58.1%) is considered high.
Reducing Debt: Insufficient data to determine if 2448's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 2448's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 2448's interest payments on its debt are well covered by EBIT (12.2x coverage).
Inventory Level: 2448 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 2448's debt is covered by short term assets (assets are 2.4x debt).
What is Space Group Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2448's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 2448's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 2448's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2448's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 2448's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Mr. Kim Fai Ng, also known as Keith serves as General Manager of Space Group Holdings Limited since October 18, 209. He was a general manager in the project development department of K. Wah International H ...
|Executive Director||3yrs||MO$480.00k||3.75% MOP28.2m|
|Executive Director||3yrs||MO$240.00k||no data|
|Independent Non-Executive Director||2.33yrs||MO$316.00k||no data|
|Independent Non-Executive Director||2.33yrs||MO$115.00k||no data|
|Independent Non-Executive Director||2.33yrs||MO$115.00k||no data|
Experienced Board: 2448's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 14.5%.
Space Group Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Space Group Holdings Limited
- Ticker: 2448
- Exchange: SEHK
- Founded: 2007
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: HK$752.400m
- Shares outstanding: 760.00m
- Website: https://www.spacegroup.com.mo
Number of Employees
- Space Group Holdings Limited
- Edificio Centro Comercial Chong Fok 8C
- Avenida de Marciano Baptista 18
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2448||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 2018|
Space Group Holdings Limited, an investment holding company, engages in the fitting-out and building construction works in Macau, Hong Kong, and China. It undertakes fitting-out projects, such as hotels and casinos, restaurants and retail shops, and other properties; and structural building construction works. The company was founded in 2007 and is headquartered in Macau. Space Group Holdings Limited is a subsidiary of Space Investment (BVI) Ltd.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/01 14:22|
|End of Day Share Price||2020/04/01 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.