| Snowflake Score | |
|---|---|
| Valuation | 3/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
385 Stock Overview
Chinney Alliance Group Limited, an investment holding company, primarily provides building related contracting services for public and private sectors.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.89 |
| 52 Week High | HK$1.34 |
| 52 Week Low | HK$0.81 |
| Beta | 0.48 |
| 1 Month Change | 3.49% |
| 3 Month Change | -8.25% |
| 1 Year Change | -7.29% |
| 3 Year Change | -28.80% |
| 5 Year Change | -16.82% |
| Change since IPO | -96.14% |
Recent News & Updates
Chinney Alliance Group's (HKG:385) Returns On Capital Not Reflecting Well On The Business
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Shareholder Returns
| 385 | HK Construction | HK Market | |
|---|---|---|---|
| 7D | 0% | 0.4% | 3.2% |
| 1Y | -7.3% | 20.2% | -11.9% |
Return vs Industry: 385 underperformed the Hong Kong Construction industry which returned 20.2% over the past year.
Return vs Market: 385 exceeded the Hong Kong Market which returned -11.9% over the past year.
Price Volatility
| 385 volatility | |
|---|---|
| 385 Average Weekly Movement | 4.3% |
| Construction Industry Average Movement | 7.2% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in HK Market | 13.1% |
| 10% least volatile stocks in HK Market | 3.0% |
Stable Share Price: 385 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 385's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 1,716 | Zuric Chan | https://chinneyalliancegroup.etnet.com.hk |
Chinney Alliance Group Limited, an investment holding company, primarily provides building related contracting services for public and private sectors. It operates in five segments: Plastic and Chemical Products, Building Related Contracting Services, Foundation Piling and Ground Investigation, Building Construction, and Others. The company offers building related contracting services, including engineering contracting services in the air-conditioning industry and maintenance services; foundation piling, and drilling and site investigation services; and superstructure construction work services, as well as imports, markets, and distributes plastic and chemical products.
Chinney Alliance Group Fundamentals Summary
| 385 fundamental statistics | |
|---|---|
| Market Cap | HK$529.46m |
| Earnings (TTM) | HK$80.36m |
| Revenue (TTM) | HK$5.77b |
6.6x
P/E Ratio0.1x
P/S RatioIs 385 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 385 income statement (TTM) | |
|---|---|
| Revenue | HK$5.77b |
| Cost of Revenue | HK$5.22b |
| Gross Profit | HK$549.23m |
| Expenses | HK$468.87m |
| Earnings | HK$80.36m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.14 |
| Gross Margin | 9.52% |
| Net Profit Margin | 1.39% |
| Debt/Equity Ratio | 22.2% |
How did 385 perform over the long term?
See historical performance and comparisonDividends
4.5%
Current Dividend Yield30%
Payout RatioValuation
Is Chinney Alliance Group undervalued compared to its fair value and its price relative to the market?
6.59x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 385 (HK$0.89) is trading above our estimate of fair value (HK$0.65)
Significantly Below Fair Value: 385 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 385 is good value based on its PE Ratio (6.6x) compared to the Hong Kong Construction industry average (8.7x).
PE vs Market: 385 is good value based on its PE Ratio (6.6x) compared to the Hong Kong market (9.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 385's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 385 is good value based on its PB Ratio (0.3x) compared to the HK Construction industry average (0.9x).
Future Growth
How is Chinney Alliance Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
12.1%
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 Chinney Alliance Group 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.
Past Performance
How has Chinney Alliance Group performed over the past 5 years?
-14.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 385 has a large one-off gain of HK$70.5M impacting its June 30 2021 financial results.
Growing Profit Margin: 385's current net profit margins (1.4%) are lower than last year (2%).
Past Earnings Growth Analysis
Earnings Trend: 385's earnings have declined by 14% per year over the past 5 years.
Accelerating Growth: 385's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 385 had negative earnings growth (-18.4%) over the past year, making it difficult to compare to the Construction industry average (13.3%).
Return on Equity
High ROE: 385's Return on Equity (4.7%) is considered low.
Financial Health
How is Chinney Alliance Group's financial position?
Financial Position Analysis
Short Term Liabilities: 385's short term assets (HK$3.2B) exceed its short term liabilities (HK$2.1B).
Long Term Liabilities: 385's short term assets (HK$3.2B) exceed its long term liabilities (HK$209.3M).
Debt to Equity History and Analysis
Debt Level: 385 has more cash than its total debt.
Reducing Debt: 385's debt to equity ratio has increased from 8.2% to 22.2% over the past 5 years.
Debt Coverage: 385's debt is not well covered by operating cash flow (2.2%).
Interest Coverage: 385's interest payments on its debt are well covered by EBIT (4.4x coverage).
Balance Sheet
Dividend
What is Chinney Alliance Group current dividend yield, its reliability and sustainability?
4.49%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 385's dividend (4.49%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.36%).
High Dividend: 385's dividend (4.49%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.96%).
Stability and Growth of Payments
Stable Dividend: 385's dividend payments have been volatile in the past 10 years.
Growing Dividend: 385's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.6%), 385's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
9.6yrs
Average board tenure
CEO
Zuric Chan (66 yo)
9.83yrs
Tenure
HK$9,680,000
Compensation
Mr. Yuen-Keung Chan, also known as Zuric, has been an Managing Director & Executive Director of Chinney Investments Ltd. since April 01, 2018 and has been its Vice Chairman since 13 July 2018. Mr. Chan has...
CEO Compensation Analysis
Compensation vs Market: Zuric's total compensation ($USD1.24M) is above average for companies of similar size in the Hong Kong market ($USD233.44K).
Compensation vs Earnings: Zuric's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Board Members
Experienced Board: 385's board of directors are considered experienced (9.6 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Chinney Alliance Group Limited's employee growth, exchange listings and data sources
Key Information
- Name: Chinney Alliance Group Limited
- Ticker: 385
- Exchange: SEHK
- Founded: NaN
- Industry: Construction and Engineering
- Sector: Capital Goods
- Implied Market Cap: HK$529.460m
- Shares outstanding: 594.90m
- Website: https://chinneyalliancegroup.etnet.com.hk
Number of Employees
Location
- Chinney Alliance Group Limited
- Wing On Centre
- 23rd Floor
- Central
- Hong Kong
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 16:16 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.