Chinney Alliance Group
Market Cap
HK$594.9m
Last Updated
2021/03/07 10:28 UTC
Data Sources
Company Financials
Executive Summary
Chinney Alliance Group Limited, an investment holding company, engages in the trading of plastic and chemical products, and building related contracting activities. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
Share Price & News
How has Chinney Alliance Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 385 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: 385's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-4.8%
385
-3.5%
HK Construction
-0.03%
HK Market
1 Year Return
-14.5%
385
-7.8%
HK Construction
20.6%
HK Market
Return vs Industry: 385 underperformed the Hong Kong Construction industry which returned -7.9% over the past year.
Return vs Market: 385 underperformed the Hong Kong Market which returned 20.6% over the past year.
Shareholder returns
| 385 | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.8% | -3.5% | -0.03% |
| 30 Day | 1.0% | 6.9% | -0.6% |
| 90 Day | 13.6% | 12.6% | 11.4% |
| 1 Year | -10.6%-14.5% | -3.5%-7.8% | 25.3%20.6% |
| 3 Year | -20.4%-30.1% | -26.8%-35.1% | 3.8%-7.0% |
| 5 Year | 16.2%-6.5% | -14.7%-29.2% | 60.1%32.8% |
Long-Term Price Volatility Vs. Market
How volatile is Chinney Alliance Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Reflecting on Chinney Alliance Group's (HKG:385) Share Price Returns Over The Last Three Years1 month ago | Simply Wall St
Does Chinney Alliance Group's (HKG:385) Statutory Profit Adequately Reflect Its Underlying Profit?2 months ago | Simply Wall St
Key Things To Consider Before Buying Chinney Alliance Group Limited (HKG:385) For Its DividendValuation
Is Chinney Alliance Group 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: 385 (HK$1) is trading below our estimate of fair value (HK$9.59)
Significantly Below Fair Value: 385 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 385 is good value based on its PE Ratio (6x) compared to the HK Construction industry average (8.8x).
PE vs Market: 385 is good value based on its PE Ratio (6x) compared to the Hong Kong market (12.2x).
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 (1.1x).
Next Steps
Future Growth
How is Chinney Alliance Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
17.5%
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.
Next Steps
- Examine whether Chinney Alliance Group 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.
- Chinney Alliance Group 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 Chinney Alliance Group performed over the past 5 years?
-5.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 385 has high quality earnings.
Growing Profit Margin: 385's current net profit margins (2%) are lower than last year (3.5%).
Past Earnings Growth Analysis
Earnings Trend: 385's earnings have declined by 5.6% 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 (-50.8%) 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 (5.4%) is considered low.
Next Steps
Financial Health
How is Chinney Alliance Group's financial position?
Financial Position Analysis
Short Term Liabilities: 385's short term assets (HK$2.7B) exceed its short term liabilities (HK$1.5B).
Long Term Liabilities: 385's short term assets (HK$2.7B) exceed its long term liabilities (HK$152.6M).
Debt to Equity History and Analysis
Debt Level: 385's debt to equity ratio (10.8%) is considered satisfactory.
Reducing Debt: 385's debt to equity ratio has reduced from 24.8% to 10.8% over the past 5 years.
Debt Coverage: 385's debt is well covered by operating cash flow (73.7%).
Interest Coverage: 385's interest payments on its debt are well covered by EBIT (14.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Chinney Alliance Group current dividend yield, its reliability and sustainability?
4.00%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 385's dividend (4%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.03%).
High Dividend: 385's dividend (4%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.24%).
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 low payout ratio (24.2%), 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?
9.4yrs
Average board tenure
CEO
Zuric Chan (65 yo)
9yrs
Tenure
HK$6,365,000
Compensation
Mr. Yuen-Keung Chan, also known as Zuric, has been an Managing Director & Executive Director of Chinney Investments Ltd. since April 01, 2018 and has been its Vice Chairman since 13 July 2018. Mr. Chan has...
CEO Compensation Analysis
Compensation vs Market: Zuric's total compensation ($USD819.77K) is above average for companies of similar size in the Hong Kong market ($USD233.25K).
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 23.17yrs | no data | no data | |
| Vice Chairman & MD | 9yrs | HK$6.37m | no data | |
| Executive Director | 10.58yrs | HK$5.42m | no data | |
| Executive Director | 8.58yrs | HK$4.43m | no data | |
| Independent Non-Executive Director | 7.75yrs | HK$150.00k | no data | |
| Independent Non-Executive Director | 9.75yrs | HK$150.00k | no data | |
| Non-Executive Director | 5.75yrs | HK$150.00k | no data | |
| Independent Non-Executive Director | 9yrs | HK$150.00k | no data | |
| Director of Shun Cheong Investments Limited | no data | no data | no data |
9.4yrs
Average Tenure
65yo
Average Age
Experienced Board: 385's board of directors are considered experienced (9.4 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.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Chinney Alliance Group Limited's company bio, 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
- Market Cap: HK$594.899m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 385 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Nov 1993 |
Biography
Chinney Alliance Group Limited, an investment holding company, engages in the trading of plastic and chemical products, and building related contracting activities. It operates through five segments: Plast...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/07 10:28 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.