Ching Lee Holdings
Market Cap
HK$251.2m
Last Updated
2020/01/24 13:08 UTC
Data Sources
Company Financials
Executive Summary
Ching Lee Holdings Limited, an investment holding company, engages in the provision of construction and consultancy works, and project management services in Hong Kong.
Risk Analysis
+ 1 more risk
Snowflake Analysis
Mediocre balance sheet with poor track record.
Share Price & News
How has Ching Lee Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3728's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-4.6%
3728
-2.9%
HK Construction
-4.3%
HK Market
1 Year Return
9.3%
3728
-19.8%
HK Construction
-0.7%
HK Market
Return vs Industry: 3728 exceeded the Hong Kong Construction industry which returned -16.2% over the past year.
Return vs Market: 3728 exceeded the Hong Kong Market which returned 6.4% over the past year.
Shareholder returns
| 3728 | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.6% | -2.9% | -4.3% |
| 30 Day | -0.8% | -1.4% | -0.2% |
| 90 Day | 21.0% | -0.7% | 4.1% |
| 1 Year | 11.1%9.3% | -15.9%-19.8% | 3.0%-0.7% |
| 3 Year | -29.8%-33.0% | -29.3%-37.1% | 20.2%8.0% |
| 5 Year | n/a | -20.0%-31.8% | 18.7%-1.1% |
Price Volatility Vs. Market
How volatile is Ching Lee Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
The Ching Lee Holdings (HKG:3728) Share Price Is Down 31% So Some Shareholders Are Getting Worried2 weeks ago | Simply Wall St
Are Ching Lee Holdings's (HKG:3728) Statutory Earnings A Good Reflection Of Its Earnings Potential?1 month ago | Simply Wall St
What Is Ching Lee Holdings's (HKG:3728) P/E Ratio After Its Share Price Rocketed?Valuation
Is Ching Lee Holdings undervalued compared to its fair value and its price relative to the market?
29.93x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 3728 (HK$0.25) is trading above our estimate of fair value (HK$0.04)
Significantly Below Fair Value: 3728 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3728 is poor value based on its PE Ratio (30.2x) compared to the Construction industry average (9.9x).
PE vs Market: 3728 is poor value based on its PE Ratio (30.2x) compared to the Hong Kong market (10.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3728's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3728 is overvalued based on its PB Ratio (2.1x) compared to the HK Construction industry average (1x).
Next Steps
Future Growth
How is Ching Lee Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
11.1%
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 Ching Lee 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.
Next Steps
- Take a look at our analysis of 3728’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.
- Ching Lee Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Ching Lee Holdings performed over the past 5 years?
-7.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3728 has high quality earnings.
Growing Profit Margin: 3728's current net profit margins (1.2%) are lower than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: 3728's earnings have declined by -7.9% per year over the past 5 years.
Accelerating Growth: 3728's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3728 had negative earnings growth (-58.7%) over the past year, making it difficult to compare to the Construction industry average (-12.3%).
Return on Equity
High ROE: 3728's Return on Equity (6.8%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Ching Lee Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 3728's short term assets (HK$520.9M) exceed its short term liabilities (HK$455.8M).
Long Term Liabilities: 3728's short term assets (HK$520.9M) exceed its long term liabilities (HK$4.2M).
Debt to Equity History and Analysis
Debt Level: 3728's debt to equity ratio (163.4%) is considered high.
Reducing Debt: 3728's debt to equity ratio has reduced from 368.9% to 163.4% over the past 5 years.
Debt Coverage: 3728's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 3728's interest payments on its debt are not well covered by EBIT (1.9x coverage).
Balance Sheet
Inventory Level: 3728 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 3728's debt is covered by short term assets (assets are 2.6x debt).
Next Steps
Dividend
What is Ching Lee Holdings's current dividend yield, its reliability and sustainability?
1.21%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 3728's dividend (1.2%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.17%).
High Dividend: 3728's dividend (1.2%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.02%).
Stability and Growth of Payments
Stable Dividend: 3728 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.
Growing Dividend: 3728 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 3728 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 3728's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
Next Steps
Management
What is the CEO of Ching Lee Holdings's salary, the management and board of directors tenure and is there insider trading?
4.0yrs
Average board tenure
CEO
Choi Ng (53yo)
4.1yrs
Tenure
HK$7,882,000
Compensation
Mr. Choi Wah Ng has been the Chairman and Chief Executive Officer of Ching Lee Holdigs Limited since December 16, 2015 and has been its Compliance Officer since December 21, 2015. Mr. Ng is the founder of  ...
CEO Compensation Analysis
Compensation vs Market: Choi's total compensation ($USD1.01M) is above average for companies of similar size in the Hong Kong market ($USD228.16K).
Compensation vs Earnings: Choi's compensation has been consistent with company performance over the past year.
Board Age and Tenure
4.0yrs
Average Tenure
54.5yo
Average Age
Experienced Board: 3728's board of directors are considered experienced (4 years average tenure).
Insider Trading
Insider Buying: 3728 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 340,000 |
| Max Price | HK$0.26 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 500,000 |
| Max Price | HK$0.26 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 300,000 |
| Max Price | HK$0.26 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 500,000 |
| Max Price | HK$0.26 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 500,000 |
| Max Price | HK$0.27 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 500,000 |
| Max Price | HK$0.26 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 500,000 |
| Max Price | HK$0.25 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 500,000 |
| Max Price | HK$0.25 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 500,000 |
| Max Price | HK$0.25 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 520,000 |
| Max Price | HK$0.25 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 400,000 |
| Max Price | HK$0.25 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 960,000 |
| Max Price | HK$0.24 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 520,000 |
| Max Price | HK$0.24 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 1,000,000 |
| Max Price | HK$0.24 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 820,000 |
| Max Price | HK$0.22 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 900,000 |
| Max Price | HK$0.21 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 1,000,000 |
| Max Price | HK$0.22 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 420,000 |
| Max Price | HK$0.22 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 1,840,000 |
| Max Price | HK$0.20 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 840,000 |
| Max Price | HK$0.18 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 400,000 |
| Max Price | HK$0.23 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 1,620,000 |
| Max Price | HK$0.24 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 840,000 |
| Max Price | HK$0.26 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 520,000 |
| Max Price | HK$0.25 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 520,000 |
| Max Price | HK$0.25 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 1,000,000 |
| Max Price | HK$0.24 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 520,000 |
| Max Price | HK$0.24 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 1,280,000 |
| Max Price | HK$0.24 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 1,200,000 |
| Max Price | HK$0.23 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 460,000 |
| Max Price | HK$0.23 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 500,000 |
| Max Price | HK$0.24 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 1,000,000 |
| Max Price | HK$0.21 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 720,000 |
| Max Price | HK$0.24 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 1,400,000 |
| Max Price | HK$0.23 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 820,000 |
| Max Price | HK$0.22 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 920,000 |
| Max Price | HK$0.21 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 1,000,000 |
| Max Price | HK$0.20 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman |
| Shares | 1,000,000 |
| Max Price | HK$0.21 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Wing Tak Tsui (37yo)
Company Secretary
- Tenure: 2.4yrs
Choi Ng (53yo)
Chairman
- Tenure: 4.1yrs
- Compensation: HK$7.88m
Yiu Lui (47yo)
Executive Director
- Tenure: 4.1yrs
- Compensation: HK$2.38m
Ka Lam (46yo)
Executive Director
- Tenure: 4.1yrs
- Compensation: HK$2.06m
Board Members
Donald Chau (56yo)
Independent Non-Executive Director
- Tenure: 3.8yrs
- Compensation: HK$289.00k
Choi Ng (53yo)
Chairman
- Tenure: 4.1yrs
- Compensation: HK$7.88m
Yiu Lui (47yo)
Executive Director
- Tenure: 4.1yrs
- Compensation: HK$2.38m
Ka Lam (46yo)
Executive Director
- Tenure: 4.1yrs
- Compensation: HK$2.06m
Onyx Wai (58yo)
Independent Non-Executive Director
- Tenure: 3.8yrs
- Compensation: HK$289.00k
Paul Tong (81yo)
Independent Non-Executive Director
- Tenure: 3.8yrs
- Compensation: HK$289.00k
Company Information
Ching Lee Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ching Lee Holdings Limited
- Ticker: 3728
- Exchange: SEHK
- Founded: 1998
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: HK$251.224m
- Shares outstanding: 1.01b
- Website: https://www.chingleeholdings.com
Number of Employees
Location
- Ching Lee Holdings Limited
- Hang Bong Commercial Centre
- Room 203, 2nd Floor
- Jordan
- Kowloon
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 3728 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Mar 2016 |
Biography
Ching Lee Holdings Limited, an investment holding company, engages in the provision of construction and consultancy works, and project management services in Hong Kong. The company undertakes substructure building works; superstructure building works; and repair, maintenance, alteration, and addition works. It is also involved in property holding activities. The company was founded in 1998 and is headquartered in Jordan, Hong Kong. Ching Lee Holdings Limited operates as a subsidiary of JT Glory Limited.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/24 13:08 |
| End of Day Share Price | 2020/01/23 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.