Loading...

E. Bon Holdings

SEHK:599
Snowflake Description

Flawless balance sheet unattractive dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
599
SEHK
HK$276M
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

E. Bon Holdings Limited, an investment holding company, engages in the import, wholesale, and retail of architectural builders’ hardware, bathroom and kitchen collections, and furniture in the People’s Republic of China. The last earnings update was 23 days ago. More info.


Add to Portfolio Compare Print
599 Share Price and Events
7 Day Returns
-2.1%
SEHK:599
-0.1%
HK Trade Distributors
-0.2%
HK Market
1 Year Returns
-13.2%
SEHK:599
0.9%
HK Trade Distributors
-4.5%
HK Market
599 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
E. Bon Holdings (599) -2.1% -4.2% -8% -13.2% -47.1% 48.4%
HK Trade Distributors -0.1% 1.8% -7.8% 0.9% -24.7% -53%
HK Market -0.2% 2.7% -8.3% -4.5% 16.5% 1%
1 Year Return vs Industry and Market
  • 599 underperformed the Trade Distributors industry which returned 0.9% over the past year.
  • 599 underperformed the Market in Hong Kong which returned -4.5% over the past year.
Price Volatility
599
Industry
5yr Volatility vs Market

Value

 Is E. Bon Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for E. Bon Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.46.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for E. Bon Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are E. Bon Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:599 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in HKD HK$0.03
SEHK:599 Share Price ** SEHK (2019-07-18) in HKD HK$0.46
Hong Kong Trade Distributors Industry PE Ratio Median Figure of 30 Publicly-Listed Trade Distributors Companies 10.75x
Hong Kong Market PE Ratio Median Figure of 1,510 Publicly-Listed Companies 10.72x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of E. Bon Holdings.

SEHK:599 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:599 Share Price ÷ EPS (both in HKD)

= 0.46 ÷ 0.03

18.32x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • E. Bon Holdings is overvalued based on earnings compared to the HK Trade Distributors industry average.
  • E. Bon Holdings is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does E. Bon Holdings's expected growth come at a high price?
Raw Data
SEHK:599 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.32x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
9.2%per year
Global Trade Distributors Industry PEG Ratio Median Figure of 80 Publicly-Listed Trade Distributors Companies 1.16x
Hong Kong Market PEG Ratio Median Figure of 479 Publicly-Listed Companies 0.79x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for E. Bon Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on E. Bon Holdings's assets?
Raw Data
SEHK:599 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in HKD HK$0.77
SEHK:599 Share Price * SEHK (2019-07-18) in HKD HK$0.46
Hong Kong Trade Distributors Industry PB Ratio Median Figure of 59 Publicly-Listed Trade Distributors Companies 0.77x
Hong Kong Market PB Ratio Median Figure of 2,197 Publicly-Listed Companies 0.92x
SEHK:599 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:599 Share Price ÷ Book Value per Share (both in HKD)

= 0.46 ÷ 0.77

0.6x

* Primary Listing of E. Bon Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • E. Bon Holdings is good value based on assets compared to the HK Trade Distributors industry average.
X
Value checks
We assess E. Bon Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. E. Bon Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is E. Bon Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover E. Bon Holdings, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is E. Bon Holdings expected to grow at an attractive rate?
  • E. Bon Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • E. Bon Holdings's earnings growth is positive but not above the Hong Kong market average.
  • Unable to compare E. Bon Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:599 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:599 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 9.2%
Hong Kong Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 9.7%
Asia Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 12.1%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:599 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:599 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:599 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-03-31 540 15
2018-12-31 567 26
2018-09-30 593 109 37
2018-06-30 589 58 40
2018-03-31 585 8 44
2017-12-31 549 -19 40
2017-09-30 514 -45 37
2017-06-30 510 -6 40
2017-03-31 506 33 42
2016-12-31 541 55 62
2016-09-30 575 78 82
2016-06-30 604 77 80

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • E. Bon Holdings's earnings are expected to grow by 9.2% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if E. Bon Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:599 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from E. Bon Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:599 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:599 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-03-31 0.03
2018-12-31 0.04
2018-09-30 0.06
2018-06-30 0.07
2018-03-31 0.07
2017-12-31 0.07
2017-09-30 0.06
2017-06-30 0.07
2017-03-31 0.07
2016-12-31 0.10
2016-09-30 0.14
2016-06-30 0.13

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if E. Bon Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess E. Bon Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
E. Bon Holdings has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has E. Bon Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare E. Bon Holdings's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • E. Bon Holdings's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • E. Bon Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • E. Bon Holdings's 1-year earnings growth is negative, it can't be compared to the HK Trade Distributors industry average.
Earnings and Revenue History
E. Bon Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from E. Bon Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:599 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 539.76 15.09 189.49
2018-12-31 566.56 25.80 189.73
2018-09-30 593.35 36.52 189.97
2018-06-30 589.04 40.36 188.00
2018-03-31 584.72 44.19 186.03
2017-12-31 549.25 40.46 174.51
2017-09-30 513.77 36.73 162.99
2017-06-30 509.88 39.52 164.88
2017-03-31 505.98 42.31 166.77
2016-12-31 540.62 62.24 170.30
2016-09-30 575.26 82.17 173.82
2016-06-30 603.59 80.27 176.80
2016-03-31 631.93 78.38 179.78
2015-12-31 619.84 77.22 174.52
2015-09-30 607.75 76.06 169.26
2015-06-30 593.28 70.99 161.62
2015-03-31 578.81 65.91 153.98
2014-12-31 544.78 38.68 152.21
2014-09-30 510.74 11.45 150.44
2014-06-30 488.38 10.23 152.30
2014-03-31 466.02 9.02 154.16
2013-12-31 468.13 16.24 151.09
2013-09-30 470.24 23.46 148.02
2013-06-30 473.81 23.98 149.07
2013-03-31 477.37 24.51 150.12
2012-12-31 462.87 22.85 153.66
2012-09-30 448.36 21.20 157.20

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • E. Bon Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • E. Bon Holdings used its assets less efficiently than the HK Trade Distributors industry average last year based on Return on Assets.
  • E. Bon Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess E. Bon Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
E. Bon Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is E. Bon Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up E. Bon Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • E. Bon Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • E. Bon Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of E. Bon Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 10.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from E. Bon Holdings Company Filings, last reported 3 months ago.

SEHK:599 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 462.88 36.59 66.37
2018-12-31 462.88 36.59 66.37
2018-09-30 467.68 15.40 92.73
2018-06-30 467.68 15.40 92.73
2018-03-31 479.21 41.38 62.36
2017-12-31 479.21 41.38 62.36
2017-09-30 439.66 57.34 79.97
2017-06-30 439.66 57.34 79.97
2017-03-31 431.86 38.12 79.71
2016-12-31 431.86 38.12 79.71
2016-09-30 409.15 34.76 117.48
2016-06-30 409.15 34.76 117.48
2016-03-31 424.84 58.85 127.78
2015-12-31 424.84 58.85 127.78
2015-09-30 387.76 41.00 133.39
2015-06-30 387.76 41.00 133.39
2015-03-31 388.88 60.55 121.96
2014-12-31 388.88 60.55 121.96
2014-09-30 330.96 56.88 63.74
2014-06-30 330.96 56.88 63.74
2014-03-31 323.65 68.02 47.86
2013-12-31 323.65 68.02 47.86
2013-09-30 321.36 73.14 59.55
2013-06-30 321.36 73.14 59.55
2013-03-31 326.95 74.60 71.91
2012-12-31 326.95 74.60 71.91
2012-09-30 297.42 61.01 31.79
  • E. Bon Holdings's level of debt (7.9%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (21% vs 7.9% today).
  • Debt is well covered by operating cash flow (296.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 23.6x coverage).
X
Financial health checks
We assess E. Bon Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. E. Bon Holdings has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is E. Bon Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
5.43%
Current annual income from E. Bon Holdings dividends.
If you bought HK$2,000 of E. Bon Holdings shares you are expected to receive HK$109 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • E. Bon Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.09%).
  • E. Bon Holdings's dividend is below the markets top 25% of dividend payers in Hong Kong (5.74%).
Upcoming dividend payment

Purchase E. Bon Holdings before the 'Buy Limit' to receive their next dividend payment.

Dividends are usually paid every 3 or 6 months, you can time your share purchase to take advantage of upcoming dividend payments.
Dividend payment calendar
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:599 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 4.8%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:599 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
SEHK:599 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2019-06-26 0.025 5.318
2018-09-19 0.035 6.989
2017-07-26 0.040 6.489
2017-06-27 0.040 5.087
2016-07-22 0.035 3.769
2016-06-22 0.035 4.088
2015-07-24 0.050 6.989
2014-07-28 0.015 3.679
2014-06-23 0.015 4.815
2013-07-23 0.030 8.019
2013-06-25 0.030 7.464
2013-01-24 0.015 3.961
2012-12-20 0.015 3.917
2012-12-18 0.015 3.949
2011-11-23 0.030 7.613
2011-06-24 0.020 5.318
2010-11-29 0.020 4.954
2010-07-29 0.019 3.637
2010-06-14 0.019 4.025
2009-12-10 0.017 4.654
2009-06-03 0.014 4.559
2008-12-05 0.023 12.654

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of E. Bon Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess E. Bon Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can E. Bon Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. E. Bon Holdings has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of E. Bon Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tony Tse
COMPENSATION HK$4,278,000
AGE 60
CEO Bio

Mr. Sun Po Tse, also known as Tony, serves as Managing Director of E. Bon Holdings Ltd. and has been its Executive Director since January 07, 2000. Mr. Tse has over 25 years of experience in the trading of building materials and is responsible for the retail business of the Group. He also assists in the strategic planning and management of the Group.

CEO Compensation
  • Tony's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Tony's remuneration is higher than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the E. Bon Holdings management team in years:

7.1
Average Tenure
55.5
Average Age
  • The average tenure for the E. Bon Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Henry Tse

TITLE
Executive Chairman
COMPENSATION
HK$3M
AGE
62

Tony Tse

TITLE
MD & Executive Director
COMPENSATION
HK$4M
AGE
60

Albert Tse

TITLE
Vice Chairman
COMPENSATION
HK$5M
AGE
68

Shiu Lau

TITLE
Executive Director
COMPENSATION
HK$2M
AGE
51

Kevin Tse

TITLE
Deputy MD & Executive Director
COMPENSATION
HK$3M
AGE
39
TENURE
7.1 yrs

Chi Yu

TITLE
CFO & Company Secretary
AGE
40
TENURE
5.8 yrs

Raymond Lo

TITLE
Technical Director
AGE
65
TENURE
40.5 yrs

Teddy Lo

TITLE
Chief Operating Officer of the Kitchen Project Division
AGE
42

Roy Chang

TITLE
General Manager of Project Sales Division
AGE
45

Hercules Au

TITLE
Executive Officer
AGE
62
Board of Directors Tenure

Average tenure and age of the E. Bon Holdings board of directors in years:

17.6
Average Tenure
61
Average Age
  • The average tenure for the E. Bon Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Henry Tse

TITLE
Executive Chairman
COMPENSATION
HK$3M
AGE
62

Tony Tse

TITLE
MD & Executive Director
COMPENSATION
HK$4M
AGE
60
TENURE
19.5 yrs

Albert Tse

TITLE
Vice Chairman
COMPENSATION
HK$5M
AGE
68
TENURE
7.1 yrs

Shiu Lau

TITLE
Executive Director
COMPENSATION
HK$2M
AGE
51
TENURE
17.6 yrs

Kevin Tse

TITLE
Deputy MD & Executive Director
COMPENSATION
HK$3M
AGE
39
TENURE
10.8 yrs

Kwong Leung

TITLE
Independent Non-Executive Director
COMPENSATION
HK$108K
AGE
72
TENURE
19.5 yrs

Dominic Wong

TITLE
Independent Non-Executive Director
COMPENSATION
HK$108K
AGE
70
TENURE
18.1 yrs

Wilson Wan

TITLE
Independent Non-Executive Director
COMPENSATION
HK$108K
AGE
45
TENURE
14.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess E. Bon Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. E. Bon Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is E. Bon Holdings (HKG:599) Using Too Much Debt?

Bon Holdings has net cash on its balance sheet, it's still worth taking a look at its ability to convert earnings before interest and tax (EBIT) to free cash flow, to help us understand how quickly it is building (or eroding) that cash balance. … Bon Holdings generated free cash flow amounting to a very robust 95% of its EBIT, more than we'd expect. … If you're interested in investing in businesses that can grow profits without the burden of debt, then check out this free list of growing businesses that have net cash on the balance sheet.

Simply Wall St -

What To Know Before Buying E. Bon Holdings Limited (HKG:599) For Its Dividend

SEHK:599 Historical Dividend Yield, June 6th 2019 Payout ratios Dividends are usually paid out of company earnings. … Bon Holdings paid out 23% of its free cash flow as dividends last year, which is conservative and suggests the dividend is sustainableE … Dividend Growth Potential With a relatively unstable dividend, it's even more important to evaluate if earnings per share (EPS) are growing - it's not worth taking the risk on a dividend getting cut, unless you might be rewarded with larger dividends in future. E. Bon Holdings has grown its earnings per share at 8.3% per annum over the past five years. The rate at which earnings have grown is quite decent, and by paying out more than half of its earnings as dividends, the company is striking a reasonable balance between reinvestment and returns to shareholders. Conclusion Dividend investors should always want to know if a) a company's dividends are affordable, b) if there is a track record of consistent payments, and c) if the dividend is capable of growing.

Simply Wall St -

Here's What E. Bon Holdings Limited's (HKG:599) ROCE Can Tell Us

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

If You Had Bought E. Bon Holdings (HKG:599) Stock Five Years Ago, You Could Pocket A 37% Gain Today

Bon Holdings Limited (HKG:599) share price is up 37% in the last 5 years, clearly besting than the market return of around 20% (ignoring dividends). … One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. … During five years of share price growth, E.

Simply Wall St -

Read This Before You Buy E. Bon Holdings Limited (HKG:599) Because Of Its P/E Ratio

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … Bon Holdings Limited's (HKG:599) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

Is E. Bon Holdings Limited's (HKG:599) CEO Paid At A Competitive Rate?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Tony Tse's Compensation Compare With Similar Sized Companies. … We looked at a group of companies with market capitalizations under HK$1.6b, and the median CEO compensation was HK$1.5m.

Simply Wall St -

Is E. Bon Holdings Limited (HKG:599) A Smart Choice For Dividend Investors?

Dividends can be underrated but they form a large part of investment returns, playing an important role in compounding returns in the long run. … Bon Holdings Limited (HKG:599) has paid dividends to shareholders, and these days it yields 6.5%.

Simply Wall St -

Should E. Bon Holdings Limited's (HKG:599) Recent Earnings Worry You?

Bon Holdings Limited's (HKG:599) latest earnings update (30 September 2018) and compare these figures against its performance over the past couple of years, in addition to how the rest of 599's industry performed. … 599's trailing twelve-month earnings (from 30 September 2018) of HK$37m has. … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 9.9%, indicating the rate at which 599 is growing has slowed down

Simply Wall St -

Does E. Bon Holdings Limited's (HKG:599) P/E Ratio Signal A Buying Opportunity?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Bon Holdings has a price to earnings ratio of 8.22, based on the last twelve monthsE … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS).

Simply Wall St -

E Bon Holdings Limited (HKG:599): A Look At Return On Capital

Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … This is because the actual cash flow generated by the business dictates the potential for income (dividends) and capital appreciation (price increases), which are the two ways to achieve positive returns when buying a stock. … Bon Holdings, you need to look at what the company returns to owners for the use of their capital, which can be done in many ways but today we will use return on capital employed (ROCE).

Simply Wall St -

Company Info

Description

E. Bon Holdings Limited, an investment holding company, engages in the import, wholesale, and retail of architectural builders’ hardware, bathroom and kitchen collections, and furniture in the People’s Republic of China. The company also provides installation services for kitchen collections and furniture; and interior decoration and project management services for property development. In addition, it is involved in property holding activities. The company serves contractors, property developers, and dealers. E. Bon Holdings Limited was founded in 1976 and is headquartered in Causeway Bay, Hong Kong.

Details
Name: E. Bon Holdings Limited
599
Exchange: SEHK
Founded: 1976
HK$276,276,000
600,600,000
Website: http://www.ebon.com.hk
Address: E. Bon Holdings Limited
First Commercial Building,
16th–18th Floors,
Causeway Bay,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 599 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 28. Apr 2000
DB EBN Ordinary Shares Deutsche Boerse AG DE EUR 28. Apr 2000
Number of employees
Current staff
Staff numbers
161
E. Bon Holdings employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/19 12:41
End of day share price update: 2019/07/18 00:00
Last estimates confirmation: 2018/06/27
Last earnings filing: 2019/06/26
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.