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57

Chen Hsong HoldingsSEHK:57 Stock Report

Market Cap

HK$1.5b

7D

-2.9%

1Y

26.5%

Updated

20 Oct, 2021

Data

Company Financials
57 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

57 Overview

Chen Hsong Holdings Limited, an investment holding company, manufactures and sells plastic injection molding machines and its related products in Mainland China, Hong Kong, Taiwan, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Chen Hsong Holdings
Historical stock prices
Current Share PriceHK$2.34
52 Week HighHK$1.85
52 Week LowHK$2.90
Beta0.49
1 Month Change-7.51%
3 Month Change-13.65%
1 Year Change26.49%
3 Year Change6.36%
5 Year Change30.73%
Change since IPO17.00%

Recent News & Updates

Jun 26
Chen Hsong Holdings (HKG:57) Is Increasing Its Dividend To HK$0.12

Chen Hsong Holdings (HKG:57) Is Increasing Its Dividend To HK$0.12

Chen Hsong Holdings Limited ( HKG:57 ) will increase its dividend on the 15th of September to HK$0.12. This takes the...

May 03
Does Chen Hsong Holdings (HKG:57) Deserve A Spot On Your Watchlist?

Does Chen Hsong Holdings (HKG:57) Deserve A Spot On Your Watchlist?

Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

Shareholder Returns

57HK MachineryHK Market
7D-2.9%6.3%2.8%
1Y26.5%21.3%6.6%

Return vs Industry: 57 exceeded the Hong Kong Machinery industry which returned 21.3% over the past year.

Return vs Market: 57 exceeded the Hong Kong Market which returned 6.6% over the past year.

Price Volatility

Is 57's price volatile compared to industry and market?
57 volatility
57 Beta0.49
Industry Beta1.01
Market Beta1

Stable Share Price: 57 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 57's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19582,300Lai Yuen Chianghttps://chenhsong.com

Chen Hsong Holdings Limited, an investment holding company, manufactures and sells plastic injection molding machines and its related products in Mainland China, Hong Kong, Taiwan, and internationally. The company also engages in the manufacture and sale of tie bars, hydraulic motors, and casting parts, as well as in the property holding activities. Its products are used in various applications, such as automotive, bumpers and guards, decorative parts, door and instrument panels, lamps, seating and structural parts, construction, piping, switches and sockets, consumer electronics, audio/visual equipment, computers and laptops, electronics, mobile phones, office equipment, household goods, disposable utensils, furniture, households, injection molding, air conditioners, kitchen utilities, power tools, refrigerators, washing machines, logistics, containers, medical equipment, public works, toys, packaging, cosmetics, disposable boxes and cups, IML, and PET preforms.

Chen Hsong Holdings Fundamentals Summary

How do Chen Hsong Holdings's earnings and revenue compare to its market cap?
57 fundamental statistics
Market CapHK$1.48b
Earnings (TTM)HK$203.02m
Revenue (TTM)HK$2.36b

7.3x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
57 income statement (TTM)
RevenueHK$2.36b
Cost of RevenueHK$1.73b
Gross ProfitHK$633.01m
ExpensesHK$429.99m
EarningsHK$203.02m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.32
Gross Margin26.82%
Net Profit Margin8.60%
Debt/Equity Ratio2.3%

How did 57 perform over the long term?

See historical performance and comparison

Dividends

6.8%

Current Dividend Yield

50%

Payout Ratio

Valuation

Is Chen Hsong Holdings 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: 57 (HK$2.34) is trading below our estimate of fair value (HK$9.55)

Significantly Below Fair Value: 57 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 57 is good value based on its PE Ratio (7.3x) compared to the Hong Kong Machinery industry average (11.6x).

PE vs Market: 57 is good value based on its PE Ratio (7.3x) compared to the Hong Kong market (9.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 57's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 57 is good value based on its PB Ratio (0.5x) compared to the HK Machinery industry average (0.9x).


Future Growth

How is Chen Hsong Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.3%

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 Chen Hsong 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.


Past Performance

How has Chen Hsong Holdings performed over the past 5 years?

48.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 57 has high quality earnings.

Growing Profit Margin: 57's current net profit margins (8.6%) are higher than last year (6.2%).


Past Earnings Growth Analysis

Earnings Trend: 57 has become profitable over the past 5 years, growing earnings by 48.6% per year.

Accelerating Growth: 57's earnings growth over the past year (116.8%) exceeds its 5-year average (48.6% per year).

Earnings vs Industry: 57 earnings growth over the past year (116.8%) exceeded the Machinery industry 23.8%.


Return on Equity

High ROE: 57's Return on Equity (6.8%) is considered low.


Financial Health

How is Chen Hsong Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 57's short term assets (HK$3.3B) exceed its short term liabilities (HK$1.3B).

Long Term Liabilities: 57's short term assets (HK$3.3B) exceed its long term liabilities (HK$109.7M).


Debt to Equity History and Analysis

Debt Level: 57's debt to equity ratio (2.3%) is considered satisfactory.

Reducing Debt: 57's debt to equity ratio has reduced from 3.9% to 2.3% over the past 5 years.

Debt Coverage: 57's debt is well covered by operating cash flow (323.1%).

Interest Coverage: 57 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Chen Hsong Holdings's current dividend yield, its reliability and sustainability?

6.84%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 57's dividend (6.84%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).

High Dividend: 57's dividend (6.84%) is in the top 25% of dividend payers in the Hong Kong market (6.78%)


Stability and Growth of Payments

Stable Dividend: 57's dividend payments have been volatile in the past 10 years.

Growing Dividend: 57's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (49.7%), 57'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?

17.1yrs

Average board tenure


CEO

Lai Yuen Chiang (55 yo)

no data

Tenure

HK$6,402,000

Compensation

Ms. Lai Yuen Chiang, B.A., has been Chairman of Chen Hsong Holdings Limited since April 23, 2018 and serves as its Chief Executive Officer. Ms. Chiang joined Chen Hsong Holdings Limited in 1988 and is resp...


CEO Compensation Analysis

Compensation vs Market: Lai Yuen's total compensation ($USD823.26K) is above average for companies of similar size in the Hong Kong market ($USD289.50K).

Compensation vs Earnings: Lai Yuen's compensation has increased by more than 20% in the past year.


Board Members

Experienced Board: 57's board of directors are seasoned and experienced ( 17.1 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

Chen Hsong Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Chen Hsong Holdings Limited
  • Ticker: 57
  • Exchange: SEHK
  • Founded: 1958
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: HK$1.475b
  • Shares outstanding: 630.53m
  • Website: https://chenhsong.com

Number of Employees


Location

  • Chen Hsong Holdings Limited
  • Tai Po Industrial Estate
  • 13-15 Dai Wang Street
  • Tai Po
  • New Territories
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:15
End of Day Share Price2021/10/20 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.