E. Bon Holdings Limited, an investment holding company, imports, wholesales, retails, and installs architectural builders’ hardware, bathroom and kitchen collections, and furniture in the Hong Kong and the People’s Republic of China. More Details
Flawless balance sheet and slightly overvalued.
Share Price & News
How has E. Bon Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 599 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 599's weekly volatility (4%) has been stable over the past year.
7 Day Return
HK Trade Distributors
1 Year Return
HK Trade Distributors
Return vs Industry: 599 underperformed the Hong Kong Trade Distributors industry which returned -5.4% over the past year.
Return vs Market: 599 underperformed the Hong Kong Market which returned 8.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is E. Bon Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHere's Why E. Bon Holdings's (HKG:599) Statutory Earnings Are Arguably Too Conservative
1 month ago | Simply Wall StWe're Watching These Trends At E. Bon Holdings (HKG:599)
1 month ago | Simply Wall StE. Bon Holdings Limited's (HKG:599) Shares May Have Run Too Fast Too Soon
Is E. Bon Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 599 (HK$0.31) is trading below our estimate of fair value (HK$6.89)
Significantly Below Fair Value: 599 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 599 is poor value based on its PE Ratio (16.4x) compared to the HK Trade Distributors industry average (10.3x).
PE vs Market: 599 is poor value based on its PE Ratio (16.4x) compared to the Hong Kong market (11.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 599's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 599's PB Ratio (0.4x) is in line with the HK Trade Distributors industry average.
How is E. Bon Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 E. Bon 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.
- Examine E. Bon Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- E. Bon Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has E. Bon Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 599 has a large one-off loss of HK$4.8M impacting its March 31 2020 financial results.
Growing Profit Margin: 599's current net profit margins (2.2%) are lower than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: 599's earnings have declined by 33.4% per year over the past 5 years.
Accelerating Growth: 599's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 599 had negative earnings growth (-24.8%) over the past year, making it difficult to compare to the Trade Distributors industry average (-11.4%).
Return on Equity
High ROE: 599's Return on Equity (2.5%) is considered low.
How is E. Bon Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 599's short term assets (HK$387.2M) exceed its short term liabilities (HK$161.5M).
Long Term Liabilities: 599's short term assets (HK$387.2M) exceed its long term liabilities (HK$67.0M).
Debt to Equity History and Analysis
Debt Level: 599's debt to equity ratio (2.4%) is considered satisfactory.
Reducing Debt: 599's debt to equity ratio has reduced from 15.5% to 2.4% over the past 5 years.
Debt Coverage: 599's debt is well covered by operating cash flow (1036.8%).
Interest Coverage: 599's interest payments on its debt are well covered by EBIT (4.6x coverage).
What is E. Bon Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 599's dividend (4.84%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.23%).
High Dividend: 599's dividend (4.84%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.66%).
Stability and Growth of Payments
Stable Dividend: 599's dividend payments have been volatile in the past 10 years.
Growing Dividend: 599's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (79.5%), 599's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Tony Tse (61 yo)
Mr. Sun Po Tse, also known as Tony, serves as Managing Director of E. Bon Holdings Limited and has been its Executive Director since January 07, 2000. Mr. Tse has great experience in the trading of buildin...
CEO Compensation Analysis
Compensation vs Market: Tony's total compensation ($USD481.53K) is above average for companies of similar size in the Hong Kong market ($USD232.29K).
Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.
|Executive Chairman||no data||HK$2.96m||no data|
|MD & Executive Director||no data||HK$3.73m||no data|
|Executive Vice Chairman||8.42yrs||HK$4.37m||no data|
|Executive Director||18.92yrs||HK$1.77m||no data|
|Deputy MD & Executive Director||12.17yrs||HK$2.87m||no data|
|Independent Non-Executive Director||19.42yrs||HK$108.00k||no data|
|Independent Non-Executive Director||16.17yrs||HK$108.00k||no data|
|Independent Non-Executive Director||1yr||HK$28.00k||no data|
Experienced Board: 599's board of directors are seasoned and experienced ( 16.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
E. Bon Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: E. Bon Holdings Limited
- Ticker: 599
- Exchange: SEHK
- Founded: 1976
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: HK$186.186m
- Shares outstanding: 600.60m
- Website: https://www.ebon.com.hk
Number of Employees
- E. Bon Holdings Limited
- First Commercial Building
- 16th–18th Floors
- Causeway Bay
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|EBN||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Apr 2000|
|599||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Apr 2000|
E. Bon Holdings Limited, an investment holding company, imports, wholesales, retails, and installs architectural builders’ hardware, bathroom and kitchen collections, and furniture in the Hong Kong and the...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/24 04:26|
|End of Day Share Price||2020/11/23 00:00|
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.