RENHENG Enterprise Holdings Limited, an investment holding company, manufactures and sells tobacco machinery products in the People’s Republic of China.
Adequate balance sheet and fair value.
Share Price & News
How has RENHENG Enterprise Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3628's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 3628 underperformed the Hong Kong Machinery industry which returned 16.5% over the past year.
Return vs Market: 3628 underperformed the Hong Kong Market which returned -5.3% over the past year.
Price Volatility Vs. Market
How volatile is RENHENG Enterprise Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StImagine Owning RENHENG Enterprise Holdings (HKG:3628) And Trying To Stomach The 87% Share Price Drop
1 month ago | Simply Wall StHere's What We Think About RENHENG Enterprise Holdings Limited's (HKG:3628) CEO Pay
2 months ago | Simply Wall StWhat Kind Of Shareholder Owns Most RENHENG Enterprise Holdings Limited (HKG:3628) Stock?
Is RENHENG Enterprise Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3628 (HK$0.11) is trading below our estimate of fair value (HK$0.44)
Significantly Below Fair Value: 3628 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3628 is poor value based on its PE Ratio (130.4x) compared to the Machinery industry average (10.1x).
PE vs Market: 3628 is poor value based on its PE Ratio (130.4x) compared to the Hong Kong market (9.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3628's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3628 is good value based on its PB Ratio (0.8x) compared to the HK Machinery industry average (0.9x).
How is RENHENG Enterprise 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 RENHENG Enterprise 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.
- Examine whether RENHENG Enterprise Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- RENHENG Enterprise 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 RENHENG Enterprise Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3628 has high quality earnings.
Growing Profit Margin: 3628's current net profit margins (1%) are lower than last year (9.1%).
Past Earnings Growth Analysis
Earnings Trend: 3628's earnings have grown by 1.9% per year over the past 5 years.
Accelerating Growth: 3628's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3628 had negative earnings growth (-92.4%) over the past year, making it difficult to compare to the Machinery industry average (-8.5%).
Return on Equity
High ROE: 3628's Return on Equity (0.6%) is considered low.
How is RENHENG Enterprise Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 3628's short term assets (HK$158.9M) exceed its short term liabilities (HK$74.2M).
Long Term Liabilities: 3628's short term assets (HK$158.9M) exceed its long term liabilities (HK$1.9M).
Debt to Equity History and Analysis
Debt Level: 3628's debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 3628's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 3628's debt is well covered by operating cash flow (225.1%).
Interest Coverage: Insufficient data to determine if 3628's interest payments on its debt are well covered by EBIT.
What is RENHENG Enterprise Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 3628's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 3628's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 3628's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 3628's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 3628's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Li Liu (48yo)
Ms. Li Liu has been the Chairman and Chief Executive Officer of RENHENG Enterprise Holdings Limited since May 4, 2016 and its Executive Director since February 2, 2011. Ms. Liu is responsible for overseein ...
CEO Compensation Analysis
Compensation vs Market: Li's total compensation ($USD159.10K) is below average for companies of similar size in the Hong Kong market ($USD228.97K).
Compensation vs Earnings: Li's compensation has been consistent with company performance over the past year.
|Chairman & CEO||4.08yrs||HK$1.23m||74.63% HK$68.4m|
|Executive Director||5.83yrs||HK$470.00k||0.10% HK$91.2k|
|Independent Non-Executive Director||5.67yrs||HK$120.00k||no data|
|Independent Non-Executive Director||8.67yrs||HK$120.00k||no data|
|Independent Non-Executive Director||8.67yrs||HK$120.00k||no data|
|Vice GM & Director of Baoying Renheng||no data||no data||no data|
Experienced Board: 3628's board of directors are considered experienced (5.8 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
RENHENG Enterprise Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: RENHENG Enterprise Holdings Limited
- Ticker: 3628
- Exchange: SEHK
- Founded: 2011
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: HK$91.656m
- Shares outstanding: 804.00m
- Website: https://www.renhengenterprise.com
Number of Employees
- RENHENG Enterprise Holdings Limited
- Far East Finance Centre
- Room 3805
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|3628||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Nov 2011|
RENHENG Enterprise Holdings Limited, an investment holding company, manufactures and sells tobacco machinery products in the People’s Republic of China. It offers special-purpose tobacco machinery products, such as casing and flavoring systems, pneumatic feeding systems, and pre-pressing packing machines. The company also provides non-catalogued ancillary tobacco machinery, including dedusting systems and swelling agent delivery systems; and maintenance, overhaul, and modification services. RENHENG Enterprise Holdings Limited was incorporated in 2011 and is headquartered in Admiralty, Hong Kong.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 13:22|
|End of Day Share Price||2020/06/04 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.