SEHK:2863

Stock Analysis Report

Golden Faith Group Holdings

Executive Summary

Golden Faith Group Holdings Limited, an investment holding company, engages in the provision of electrical and mechanical engineering services in Hong Kong.

Snowflake

Fundamentals

Flawless balance sheet with questionable track record.

Risks

  • Golden Faith Group Holdings is not covered by any analysts.

Share Price & News

How has Golden Faith Group Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

2.0%

SEHK:2863

-1.4%

HK Construction

0.6%

HK Market


1 Year Return

-23.9%

SEHK:2863

-12.3%

HK Construction

-5.9%

HK Market

2863 underperformed the Construction industry which returned -12.3% over the past year.

2863 underperformed the Market in Hong Kong which returned -5.9% over the past year.


Share holder returns

2863IndustryMarket
7 Day2.0%-1.4%0.6%
30 Day0%-5.6%3.7%
90 Day-5.6%-14.7%-8.2%
1 Year-23.9%-23.9%-9.0%-12.3%-2.6%-5.9%
3 Yearn/a-15.0%-23.0%30.0%17.2%
5 Yearn/a14.2%-1.8%25.9%4.8%

Price Volatility Vs. Market

How volatile is Golden Faith Group Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Golden Faith Group Holdings undervalued based on future cash flows and its price relative to the stock market?

15.03x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Golden Faith Group Holdings to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Golden Faith Group Holdings to establish if it is available at substantial discount.


Price Based on Earnings

Golden Faith Group Holdings is overvalued based on earnings compared to the HK Construction industry average.

Golden Faith Group Holdings is overvalued based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Golden Faith Group Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Golden Faith Group Holdings is overvalued based on assets compared to the HK Construction industry average.


Next Steps

Future Growth

How is Golden Faith Group Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Golden Faith Group Holdings is high growth as no revenue estimate data is available.

Golden Faith Group Holdings's earnings are expected to grow by 10% yearly, however this is not considered high growth (20% yearly).

Unable to compare Golden Faith Group Holdings's revenue growth to the Hong Kong market average as no estimate data is available.

Golden Faith Group Holdings's earnings growth is positive but not above the Hong Kong market average.

Golden Faith Group Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Golden Faith Group Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Golden Faith Group Holdings performed over the past 5 years?

3.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Golden Faith Group Holdings's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

Golden Faith Group Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Golden Faith Group Holdings's 1-year earnings growth is negative, it can't be compared to the HK Construction industry average.


Return on Equity

Golden Faith Group Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Golden Faith Group Holdings used its assets more efficiently than the HK Construction industry average last year based on Return on Assets.


Return on Capital Employed

Golden Faith Group Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Golden Faith Group Holdings's financial position?


Financial Position Analysis

Golden Faith Group Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Golden Faith Group Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Golden Faith Group Holdings has no debt.

Golden Faith Group Holdings currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Golden Faith Group Holdings has no debt, it does not need to be covered by operating cash flow.

Golden Faith Group Holdings has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Golden Faith Group Holdings has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Golden Faith Group Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Golden Faith Group Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Golden Faith Group Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Golden Faith Group Holdings has not reported any payouts.

Unable to verify if Golden Faith Group Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Golden Faith Group 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.


Next Steps

Management

What is the CEO of Golden Faith Group Holdings's salary, the management and board of directors tenure and is there insider trading?

2.6yrs

Average management tenure


CEO

Golden Faith Group Holdings has no CEO, or we have no data on them.


Management Age and Tenure

2.6yrs

Average Tenure

50.5yo

Average Age

The tenure for the Golden Faith Group Holdings management team is about average.


Board Age and Tenure

2.0yrs

Average Tenure

55yo

Average Age

The average tenure for the Golden Faith Group Holdings board of directors is less than 3 years, this suggests a new board.


Insider Trading

More shares have been bought than sold by Golden Faith Group Holdings individual insiders in the past 3 months.


Recent Insider Transactions

BuyHK$1,810,51407 May 19
Kar Fai Li
EntityIndividual
Role
Group CFO
Member of the Board of Directors
Shares3,621,000
Max PriceHK$0.50
BuyHK$770,81623 Jan 19
Chun Ko
EntityIndividual
Role
Executive Director
Member of the Board of Directors
Shares1,530,000
Max PriceHK$0.50
SellHK$70,532,35025 Oct 18
On Yung
EntityIndividual
Role
Chairman of the Board
Shares140,000,000
Max PriceHK$0.50
BuyHK$70,532,35025 Oct 18
Chun Ko
EntityIndividual
Role
Executive Director
Member of the Board of Directors
Shares140,000,000
Max PriceHK$0.50

Ownership Breakdown


Management Team

  • Peter Li (55yo)

    Group CFO

    • Tenure: 2.6yrs
    • Compensation: HK$498.00k
  • Kelvin Ko (55yo)

    Executive Director

  • Li Pu (46yo)

    Financial Controller

    • Tenure: 1.7yrs
    • Compensation: HK$199.50k
  • Tsz Kit Wong (37yo)

    Accounting Manager

    • Tenure: 2.8yrs

Board Members

  • Peter Li (55yo)

    Group CFO

    • Tenure: 2.7yrs
    • Compensation: HK$498.00k
  • Kelvin Ko (55yo)

    Executive Director

    • Tenure: 0.5yrs
  • Felix Chan (41yo)

    Independent Non-Executive Director

    • Tenure: 2.0yrs
    • Compensation: HK$120.00k
  • On Yung (65yo)

    Chairman

    • Tenure: 2.8yrs
    • Compensation: HK$1.33m
  • Cho Chan (56yo)

    Independent Non-Executive Director

    • Tenure: 2.0yrs
    • Compensation: HK$120.00k
  • Wai Yeung (57yo)

    Independent Non-Executive Director

    • Tenure: 2.0yrs
    • Compensation: HK$120.00k
  • Cheuk Wong (35yo)

    Non-Executive Director

    • Tenure: 0.5yrs

Company Information

Golden Faith Group Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Golden Faith Group Holdings Limited
  • Ticker: 2863
  • Exchange: SEHK
  • Founded: 1987
  • Industry: construction and engineering
  • Sector: capital goods
  • Market Cap: HK$271.811m
  • Shares outstanding: 543.62m
  • Website: Click here

Number of Employees


Location

  • Golden Faith Group Holdings Limited
  • Honest Building
  • 15th Floor
  • Causeway Bay
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2863SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDAug 2017

Biography

Golden Faith Group Holdings Limited, an investment holding company, engages in the provision of electrical and mechanical engineering services in Hong Kong. The company provides engineering services, inclu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/16 13:02
End of Day Share Price2019/07/16 00:00
Earnings2019/03/31
Annual Earnings2018/09/30


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.