| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 0/6 |
3728 Stock Overview
Ching Lee Holdings Limited, an investment holding company, engages in the provision of construction, consultancy, and project management services in Hong Kong.
Ching Lee Holdings Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.15 |
| 52 Week High | HK$0.20 |
| 52 Week Low | HK$0.14 |
| Beta | 0.65 |
| 1 Month Change | -10.43% |
| 3 Month Change | -12.58% |
| 1 Year Change | -23.56% |
| 3 Year Change | -31.46% |
| 5 Year Change | -63.50% |
| Change since IPO | -93.54% |
Recent News & Updates
Ching Lee Holdings (HKG:3728) Is Carrying A Fair Bit Of Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Shareholder Returns
| 3728 | HK Construction | HK Market | |
|---|---|---|---|
| 7D | -8.2% | 2.1% | 3.1% |
| 1Y | -23.6% | 2.1% | -21.2% |
Return vs Industry: 3728 underperformed the Hong Kong Construction industry which returned 3% over the past year.
Return vs Market: 3728 underperformed the Hong Kong Market which returned -20.1% over the past year.
Price Volatility
| 3728 volatility | |
|---|---|
| 3728 Average Weekly Movement | 6.8% |
| Construction Industry Average Movement | 7.1% |
| Market Average Movement | 6.9% |
| 10% most volatile stocks in HK Market | 13.7% |
| 10% least volatile stocks in HK Market | 3.3% |
Stable Share Price: 3728 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 3728's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1998 | 94 | Choi Wah Ng | https://www.chingleeholdings.com |
Ching Lee Holdings Limited, an investment holding company, engages in the provision of construction, consultancy, 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.
Ching Lee Holdings Fundamentals Summary
| 3728 fundamental statistics | |
|---|---|
| Market Cap | HK$147.90m |
| Earnings (TTM) | -HK$18.16m |
| Revenue (TTM) | HK$536.50m |
0.3x
P/S Ratio-8.1x
P/E RatioIs 3728 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 3728 income statement (TTM) | |
|---|---|
| Revenue | HK$536.50m |
| Cost of Revenue | HK$512.27m |
| Gross Profit | HK$24.24m |
| Other Expenses | HK$42.40m |
| Earnings | -HK$18.16m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.018 |
| Gross Margin | 4.52% |
| Net Profit Margin | -3.39% |
| Debt/Equity Ratio | 65.4% |
How did 3728 perform over the long term?
See historical performance and comparisonValuation
Is 3728 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3728?
Other financial metrics that can be useful for relative valuation.
| What is 3728's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | HK$147.90m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.3x |
| Enterprise Value/EBITDA | -9.4x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does 3728's PS Ratio compare to its peers?
| 3728 PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 0.4x | ||
1420 Chuan Holdings | 0.3x | n/a | HK$139.9m |
1793 Wecon Holdings | 0.1x | n/a | HK$160.0m |
1408 Macau E&M Holding | 0.9x | n/a | HK$160.0m |
6038 G & M Holdings | 0.4x | n/a | HK$160.0m |
3728 Ching Lee Holdings | 0.3x | n/a | HK$147.9m |
Price-To-Sales vs Peers: 3728 is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.4x).
Price to Earnings Ratio vs Industry
How does 3728's PE Ratio compare vs other companies in the HK Construction Industry?
Price-To-Sales vs Industry: 3728 is good value based on its Price-To-Sales Ratio (0.3x) compared to the Hong Kong Construction industry average (0.5x)
Price to Sales Ratio vs Fair Ratio
What is 3728's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 0.3x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate 3728's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 3728 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3728 (HK$0.15) is trading below our estimate of fair value (HK$0.24)
Significantly Below Fair Value: 3728 is trading below fair value by more than 20%.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3728's PEG Ratio to determine if it is good value.
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Future Growth
How is Ching Lee Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
11.2%
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.
Discover growth companies
- Examine whether Ching Lee 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.
- Ching Lee Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Ching Lee Holdings performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-46.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3728 is currently unprofitable.
Growing Profit Margin: 3728 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 3728 is unprofitable, and losses have increased over the past 5 years at a rate of 46.6% per year.
Accelerating Growth: Unable to compare 3728's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 3728 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-1.6%).
Return on Equity
High ROE: 3728 has a negative Return on Equity (-17.34%), as it is currently unprofitable.
Discover strong past performing companies
Financial Health
How is Ching Lee Holdings's financial position?
Financial Health Score
4/6Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 3728's short term assets (HK$259.1M) exceed its short term liabilities (HK$216.6M).
Long Term Liabilities: 3728's short term assets (HK$259.1M) exceed its long term liabilities (HK$461.0K).
Debt to Equity History and Analysis
Debt Level: 3728's net debt to equity ratio (34.6%) is considered satisfactory.
Reducing Debt: 3728's debt to equity ratio has increased from 44.2% to 65.4% over the past 5 years.
Debt Coverage: 3728's debt is well covered by operating cash flow (22%).
Interest Coverage: Insufficient data to determine if 3728's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Dividend
What is Ching Lee Holdings's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 3728's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 3728'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 3728's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 3728's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: 3728 is not paying a notable dividend for the Hong Kong market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 3728 has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
6.4yrs
Average board tenure
CEO
Choi Wah Ng (55 yo)
6.5yrs
Tenure
HK$9,994,000
Compensation
Mr. Choi Wah Ng has been the Chairman and Chief Executive Officer of Ching Lee Holdigs Limited since December 16, 2015 and has been its Compliance Officer since December 21, 2015. Mr. Ng is the founder of...
CEO Compensation Analysis
Compensation vs Market: Choi Wah's total compensation ($USD1.27M) is above average for companies of similar size in the Hong Kong market ($USD233.43K).
Compensation vs Earnings: Choi Wah's compensation has increased whilst the company is unprofitable.
Board Members
Experienced Board: 3728's board of directors are considered experienced (6.4 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
Ching Lee Holdings Limited's 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
- Implied Market Cap: HK$147.898m
- 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
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/29 00:00 |
| End of Day Share Price | 2022/06/29 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2022/03/31 |
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.