SEHK:3686

Stock Analysis Report

Clifford Modern Living Holdings

Executive Summary

Clifford Modern Living Holdings Limited, an investment holding company, primarily provides retail services in the People’s Republic of China.

Snowflake

Fundamentals

Flawless balance sheet with solid track record.

Risks

  • Clifford Modern Living Holdings is not covered by any analysts.

Share Price & News

How has Clifford Modern Living Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.7%

SEHK:3686

4.6%

HK Industrials

3.3%

HK Market


1 Year Return

-10.3%

SEHK:3686

-19.0%

HK Industrials

-12.3%

HK Market

3686 outperformed the Industrials industry which returned -19% over the past year.

3686 outperformed the Market in Hong Kong which returned -12.3% over the past year.


Share holder returns

3686IndustryMarket
7 Day1.7%4.6%3.3%
30 Day-1.6%-9.2%-8.0%
90 Day15.1%-8.9%-5.5%
1 Year-7.0%-10.3%-15.8%-19.0%-9.2%-12.3%
3 Yearn/a-13.7%-21.9%11.5%0.8%
5 Yearn/a-11.4%-38.4%6.7%-10.5%

Price Volatility Vs. Market

How volatile is Clifford Modern Living Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Clifford Modern Living Holdings undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Clifford Modern Living Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).

Clifford Modern Living Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Clifford Modern Living Holdings is overvalued based on earnings compared to the HK Industrials industry average.

Clifford Modern Living Holdings is good value based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Clifford Modern Living Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Clifford Modern Living Holdings is overvalued based on assets compared to the HK Industrials industry average.


Next Steps

Future Growth

How is Clifford Modern Living Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

-11.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Clifford Modern Living Holdings is high growth as no revenue estimate data is available.

Clifford Modern Living Holdings's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

Unable to compare Clifford Modern Living Holdings's revenue growth to the Hong Kong market average as no estimate data is available.

Clifford Modern Living Holdings's earnings are expected to decrease over the next 1-3 years, this is below the Hong Kong market average.

Clifford Modern Living Holdings's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Clifford Modern Living Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Clifford Modern Living Holdings performed over the past 5 years?

20.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Clifford Modern Living Holdings has delivered over 20% year on year earnings growth in the past 5 years.

Clifford Modern Living Holdings's 1-year earnings growth exceeds its 5-year average (28.6% vs 20.4%)

Clifford Modern Living Holdings's earnings growth has exceeded the HK Industrials industry average in the past year (28.6% vs 6.4%).


Return on Equity

Clifford Modern Living Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Clifford Modern Living Holdings used its assets more efficiently than the HK Industrials industry average last year based on Return on Assets.


Return on Capital Employed

Clifford Modern Living Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Clifford Modern Living Holdings's financial position?


Financial Position Analysis

Clifford Modern Living Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Clifford Modern Living Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Clifford Modern Living Holdings has no debt.

Clifford Modern Living Holdings has no debt compared to 5 years ago when it was 2.6%.

Clifford Modern Living Holdings has no debt, it does not need to be covered by operating cash flow.

Clifford Modern Living Holdings has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Clifford Modern Living Holdings has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Clifford Modern Living Holdings's current dividend yield, its reliability and sustainability?

3.43%

Current Dividend Yield


Dividend Yield and Payments Analysis

Clifford Modern Living Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.27%).

Clifford Modern Living Holdings's dividend is below the markets top 25% of dividend payers in Hong Kong (6.12%).

It is too early to tell whether Clifford Modern Living Holdings has stable dividend payments.

Clifford Modern Living Holdings only just started paying a dividend, it is too early to tell if payments are increasing.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.7x coverage).


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 Clifford Modern Living Holdings's salary, the management and board of directors tenure and is there insider trading?

0.8yrs

Average management tenure


CEO

Wendy Man (60yo)

0.8yrs

Tenure

CN¥186,000

Compensation

Ms. Lai Hung Man, also known as Wendy, serves as Chairman at Clifford Modern Living Holdings Limited since January 6, 2016, and has been its CEO & Executive Director since October 1, 2018. She was its Exec ...


Management Age and Tenure

0.8yrs

Average Tenure

51yo

Average Age

The average tenure for the Clifford Modern Living Holdings management team is less than 2 years, this suggests a new team.


Board Age and Tenure

2.8yrs

Average Tenure

60yo

Average Age

The average tenure for the Clifford Modern Living Holdings board of directors is less than 3 years, this suggests a new board.


Insider Trading

Clifford Modern Living Holdings individual insiders have sold more shares than they have bought in the past 3 months.


Recent Insider Transactions

SellCN¥420,00112 Jul 19
Cham Ho
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares600,000
Max PriceCN¥0.70
BuyCN¥59,00009 Jul 19
Cham Ho
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares100,000
Max PriceCN¥0.59
BuyCN¥260,00127 Mar 19
Cham Ho
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares400,000
Max PriceCN¥0.65
BuyCN¥65,00027 Mar 19
Cham Ho
EntityIndividual
Role
Member of the Board of Directors
Independent Non-Executive Director
Shares100,000
Max PriceCN¥0.65
SellCN¥5,90018 Sep 18
Chew Kuan Leong
EntityIndividual
Shares10,000
Max PriceCN¥0.59

Ownership Breakdown


Management Team

  • Anthony Yu (34yo)

    CFO & Company Secretary

    • Tenure: 0.7yrs
  • Wendy Man (60yo)

    Chairman & CEO

    • Tenure: 0.8yrs
    • Compensation: CN¥186.00k
  • Yuhua Liang (54yo)

    COO & Executive Director

    • Tenure: 3.6yrs
    • Compensation: CN¥1.33m
  • Suk Mee Ho (51yo)

    Executive Director & Marketing Director

    • Tenure: 0.7yrs
    • Compensation: CN¥1.35m
  • MingXia Pang (38yo)

    General Manager of Human Resources

    • Tenure: 0.0yrs

Board Members

  • Wah Cheung Mak (69yo)

    Independent Non-Executive Director

    • Tenure: 2.8yrs
    • Compensation: CN¥177.00k
  • Elizabeth Law (65yo)

    Independent Non-Executive Director

    • Tenure: 2.8yrs
    • Compensation: CN¥177.00k
  • Wendy Man (60yo)

    Chairman & CEO

    • Tenure: 0.8yrs
    • Compensation: CN¥186.00k
  • Yuhua Liang (54yo)

    COO & Executive Director

    • Tenure: 3.6yrs
    • Compensation: CN¥1.33m
  • Xing Liu (56yo)

    Non-Executive Director

    • Tenure: 3.6yrs
    • Compensation: CN¥177.00k
  • Cham Ho (62yo)

    Independent Non-Executive Director

    • Tenure: 2.8yrs
    • Compensation: CN¥177.00k
  • Suk Mee Ho (51yo)

    Executive Director & Marketing Director

    • Tenure: 0.7yrs
    • Compensation: CN¥1.35m

Company Information

Clifford Modern Living Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Clifford Modern Living Holdings Limited
  • Ticker: 3686
  • Exchange: SEHK
  • Founded: 1998
  • Industry: Industrial Conglomerates
  • Sector: Capital Goods
  • Market Cap: HK$639.576m
  • Shares outstanding: 1.02b
  • Website: https://www.cliffordmodernliving.com

Number of Employees


Location

  • Clifford Modern Living Holdings Limited
  • 8 Shiguang Road
  • Panyu
  • Guangzhou
  • Guangdong Province
  • 511496
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3686SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 2016

Biography

Clifford Modern Living Holdings Limited, an investment holding company, primarily provides retail services in the People’s Republic of China. It operates through five segments: Property Management Services ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/22 13:01
End of Day Share Price2019/08/22 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.