SEHK:363

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Shanghai Industrial Holdings

Executive Summary

Shanghai Industrial Holdings Limited, an investment holding company, engages in the infrastructure facilities, real estate, and consumer products businesses in Hong Kong and the People’s Republic of China.


Snowflake Analysis

Very undervalued with adequate balance sheet.

Share Price & News

How has Shanghai Industrial Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 363 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

4.0%

363

3.4%

HK Industrials

0.8%

HK Market


1 Year Return

-21.0%

363

-19.3%

HK Industrials

6.9%

HK Market

Return vs Industry: 363 underperformed the Hong Kong Industrials industry which returned -18.9% over the past year.

Return vs Market: 363 underperformed the Hong Kong Market which returned 6.6% over the past year.


Shareholder returns

363IndustryMarket
7 Day4.0%3.4%0.8%
30 Day-2.6%-1.3%-0.5%
90 Day-8.5%-2.0%9.8%
1 Year-11.7%-21.0%-14.9%-19.3%11.3%6.9%
3 Year-31.9%-45.0%-29.8%-38.2%3.3%-7.7%
5 Year-20.9%-41.3%-31.9%-42.9%22.6%1.9%

Price Volatility Vs. Market

How volatile is Shanghai Industrial Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Shanghai Industrial Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 363 (HK$11.86) is trading below our estimate of fair value (HK$45.25)

Significantly Below Fair Value: 363 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 363 is good value based on its PE Ratio (3.8x) compared to the HK Industrials industry average (5.7x).

PE vs Market: 363 is good value based on its PE Ratio (3.8x) compared to the Hong Kong market (10.3x).


Price to Earnings Growth Ratio

PEG Ratio: 363 is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: 363 is good value based on its PB Ratio (0.3x) compared to the HK Industrials industry average (0.4x).


Next Steps

Future Growth

How is Shanghai Industrial Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?

4.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 363's forecast earnings growth (4.8% per year) is above the savings rate (1.6%).

Earnings vs Market: 363's earnings (4.8% per year) are forecast to grow slower than the Hong Kong market (18.7% per year).

High Growth Earnings: 363's earnings are forecast to grow, but not significantly.

Revenue vs Market: 363's revenue (2.5% per year) is forecast to grow slower than the Hong Kong market (11.4% per year).

High Growth Revenue: 363's revenue (2.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 363's Return on Equity is forecast to be low in 3 years time (8%).


Next Steps

Past Performance

How has Shanghai Industrial Holdings performed over the past 5 years?

4.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 363 has high quality earnings.

Growing Profit Margin: 363's current net profit margins (10.4%) are lower than last year (11%).


Past Earnings Growth Analysis

Earnings Trend: 363's earnings have grown by 4.9% per year over the past 5 years.

Accelerating Growth: 363's earnings growth over the past year (0.5%) is below its 5-year average (4.9% per year).

Earnings vs Industry: 363 earnings growth over the past year (0.5%) exceeded the Industrials industry -5.9%.


Return on Equity

High ROE: 363's Return on Equity (7.3%) is considered low.


Next Steps

Financial Health

How is Shanghai Industrial Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 363's short term assets (HK$98.3B) exceed its short term liabilities (HK$58.4B).

Long Term Liabilities: 363's short term assets (HK$98.3B) exceed its long term liabilities (HK$43.8B).


Debt to Equity History and Analysis

Debt Level: 363's debt to equity ratio (75.1%) is considered high.

Reducing Debt: 363's debt to equity ratio has reduced from 88.4% to 75.1% over the past 5 years.

Debt Coverage: 363's debt is not well covered by operating cash flow (8.9%).

Interest Coverage: 363's interest payments on its debt are well covered by EBIT (7x coverage).


Balance Sheet


Next Steps

Dividend

What is Shanghai Industrial Holdings's current dividend yield, its reliability and sustainability?

4.38%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 363's dividend (4.38%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.35%).

High Dividend: 363's dividend (4.38%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.76%).


Stability and Growth of Payments

Stable Dividend: 363's dividend payments have been volatile in the past 10 years.

Growing Dividend: 363's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16.9%), 363's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 363's dividends in 3 years are forecast to be well covered by earnings (34.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

4.0yrs

Average management tenure


CEO

Jun Zhou (51 yo)

4yrs

Tenure

HK$5,033,000

Compensation

Mr. Jun Zhou has been Vice Chairman and Chief Executive Officer of Shanghai Industrial Investment (Holding) Co., Ltd. since August 25, 2016 and serves as its Executive Director. Mr. Zhou has been the Presi ...


CEO Compensation Analysis

Compensation vs Market: Jun's total compensation ($USD649.38K) is about average for companies of similar size in the Hong Kong market ($USD541.86K).

Compensation vs Earnings: Jun's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Xiao Chu Shen
Executive Chairman2.5yrsHK$5.47mno data
Jun Zhou
Vice Chairman & CEO4yrsHK$5.03m0.028%
HK$ 3.6m
Bo Xu
Deputy CEO & Executive Director7.67yrsHK$2.82mno data
Zhan Xu
Executive Director3.75yrsHK$518.00kno data
Yat Ying Chan
CFO & Assistant CEO15.92yrsno datano data
Foo Hei Yee
Company Secretary and Chief Legal & Compliance Officerno datano datano data
Han Sheng Li
Deputy Chief Executive Officer8.33yrsno datano data
Xiaobing Xu
Deputy Chief Executive Officer3.75yrsno datano data
Yi Chen
Executiveno datano datano data

4.0yrs

Average Tenure

56yo

Average Age

Experienced Management: 363's management team is considered experienced (4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Xiao Chu Shen
Executive Chairman2.5yrsHK$5.47mno data
Jun Zhou
Vice Chairman & CEO4yrsHK$5.03m0.028%
HK$ 3.6m
Bo Xu
Deputy CEO & Executive Director7.67yrsHK$2.82mno data
Zhan Xu
Executive Director3.75yrsHK$518.00kno data
Tin Fan Yuen
Independent Non-Executive Director4.08yrsHK$470.00kno data
Hoi-Chuen Cheng
Independent Non-Executive Director7.75yrsHK$480.00kno data
Chia-Wei Woo
Independent Non-Executive Director24.42yrsHK$480.00kno data
Pak To Leung
Independent Non-Executive Director24.42yrsHK$470.00kno data

5.9yrs

Average Tenure

61.5yo

Average Age

Experienced Board: 363's board of directors are considered experienced (5.9 years average tenure).


Ownership

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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Shanghai Industrial Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shanghai Industrial Holdings Limited
  • Ticker: 363
  • Exchange: SEHK
  • Founded: 1996
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Market Cap: HK$12.894b
  • Shares outstanding: 1.09b
  • Website: https://www.sihl.com.hk

Number of Employees


Location

  • Shanghai Industrial Holdings Limited
  • Harcourt House
  • 26th Floor
  • Wan Chai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SGHI.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 1996
SGIDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 1996
363SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 1996
363SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDMay 1996
363SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDMay 1996
SGHI.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDJun 2002

Biography

Shanghai Industrial Holdings Limited, an investment holding company, engages in the infrastructure facilities, real estate, and consumer products businesses in Hong Kong and the People’s Republic of China. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 19:15
End of Day Share Price2020/08/14 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.