Wai Kee Holdings Limited, an investment holding company, operates in the construction and infrastructure industry in Hong Kong and the People’s Republic of China.
Wai Kee Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$3.74|
|52 Week High||HK$3.58|
|52 Week Low||HK$4.43|
|1 Month Change||-1.58%|
|3 Month Change||-8.11%|
|1 Year Change||0.54%|
|3 Year Change||1.08%|
|5 Year Change||49.60%|
|Change since IPO||167.14%|
Recent News & Updates
Wai Kee Holdings (HKG:610) Is Reducing Its Dividend To HK$0.07
Wai Kee Holdings Limited ( HKG:610 ) has announced it will be reducing its dividend payable on the 7th of October to...
Returns At Wai Kee Holdings (HKG:610) Are On The Way Up
If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Wai Kee Holdings (HKG:610) Has A Rock Solid Balance Sheet
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|610||HK Construction||HK Market|
Return vs Industry: 610 underperformed the Hong Kong Construction industry which returned 17.3% over the past year.
Return vs Market: 610 underperformed the Hong Kong Market which returned 5.7% over the past year.
Stable Share Price: 610 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 610's weekly volatility (3%) has been stable over the past year.
About the Company
Wai Kee Holdings Limited, an investment holding company, operates in the construction and infrastructure industry in Hong Kong and the People’s Republic of China. The company operates through Construction, Sewage Treatment and Steam Fuel; Construction Materials; Quarrying; and Property Development and Investment, Toll Road, Investment and Asset Management segments. It is involved in the construction of civil engineering and building projects; and operates sewage treatment and steam fuel plants.
Wai Kee Holdings Fundamentals Summary
|610 fundamental statistics|
Is 610 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|610 income statement (TTM)|
|Cost of Revenue||HK$8.15b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.19|
|Net Profit Margin||10.55%|
How did 610 perform over the long term?See historical performance and comparison
8.3%Current Dividend Yield
Is Wai Kee 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: 610 (HK$3.74) is trading below our estimate of fair value (HK$5.03)
Significantly Below Fair Value: 610 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 610 is good value based on its PE Ratio (3.2x) compared to the Hong Kong Construction industry average (9.6x).
PE vs Market: 610 is good value based on its PE Ratio (3.2x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 610's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 610 is good value based on its PB Ratio (0.3x) compared to the HK Construction industry average (1.1x).
How is Wai Kee 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 Wai Kee 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.
How has Wai Kee Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 610 has high quality earnings.
Growing Profit Margin: 610's current net profit margins (10.6%) are lower than last year (15.8%).
Past Earnings Growth Analysis
Earnings Trend: 610's earnings have grown by 12.8% per year over the past 5 years.
Accelerating Growth: 610's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 610 had negative earnings growth (-25.9%) over the past year, making it difficult to compare to the Construction industry average (18.5%).
Return on Equity
High ROE: 610's Return on Equity (10.1%) is considered low.
How is Wai Kee Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 610's short term assets (HK$6.3B) exceed its short term liabilities (HK$5.0B).
Long Term Liabilities: 610's short term assets (HK$6.3B) exceed its long term liabilities (HK$1.1B).
Debt to Equity History and Analysis
Debt Level: 610's debt to equity ratio (22.3%) is considered satisfactory.
Reducing Debt: 610's debt to equity ratio has increased from 18.4% to 22.3% over the past 5 years.
Debt Coverage: 610's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 610's interest payments on its debt are well covered by EBIT (561.4x coverage).
What is Wai Kee Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 610's dividend (8.29%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 610's dividend (8.29%) is in the top 25% of dividend payers in the Hong Kong market (6.77%)
Stability and Growth of Payments
Stable Dividend: 610's dividend payments have been volatile in the past 10 years.
Growing Dividend: 610's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.1%), 610's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Derek Zen (68 yo)
Mr. Wei Peu Zen, also known as Derek, MBA, serves as the Chairman of the Board at Road King Infrastructure Limited since January 01, 2021. He has been an Executive Director of Road King Infrastructure Limi...
CEO Compensation Analysis
Compensation vs Market: Derek's total compensation ($USD1.47M) is above average for companies of similar size in the Hong Kong market ($USD348.14K).
Compensation vs Earnings: Derek's compensation has been consistent with company performance over the past year.
Experienced Management: 610's management team is seasoned and experienced (16.3 years average tenure).
Experienced Board: 610's board of directors are seasoned and experienced ( 16.8 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Wai Kee Holdings Limited's employee growth, exchange listings and data sources
- Name: Wai Kee Holdings Limited
- Ticker: 610
- Exchange: SEHK
- Founded: 1970
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: HK$2.966b
- Shares outstanding: 793.12m
- Website: https://www.waikee.com
Number of Employees
- Wai Kee Holdings Limited
- East Ocean Centre
- 11th Floor
- Tsim Sha Tsui
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:33|
|End of Day Share Price||2021/10/19 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.