Gemilang International
Market Cap
HK$354.4m
Last Updated
2019/10/20 13:03 UTC
Data Sources
Company Financials
Executive Summary
Gemilang International Limited engages in the design and manufacture of buses and bus bodies in Singapore and Malaysia.
Snowflake
Fundamentals
Excellent balance sheet and slightly overvalued.
Share Price & News
How has Gemilang International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-7.8%
6163
2.8%
HK Machinery
0.9%
HK Market
1 Year Return
-35.9%
6163
18.1%
HK Machinery
0.6%
HK Market
Return vs Industry: 6163 underperformed the Hong Kong Machinery industry which returned 18.1% over the past year.
Return vs Market: 6163 underperformed the Hong Kong Market which returned 0.6% over the past year.
Shareholder returns
| 6163 | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.8% | 2.8% | 0.9% |
| 30 Day | -11.3% | 2.9% | 0.4% |
| 90 Day | -11.9% | -3.8% | -5.5% |
| 1 Year | -34.8%-35.9% | 21.5%18.1% | 4.2%0.6% |
| 3 Year | n/a | 54.2%44.8% | 15.5%3.9% |
| 5 Year | n/a | 73.5%55.3% | 19.9%-0.1% |
Price Volatility Vs. Market
How volatile is Gemilang International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Can We See Significant Insider Ownership On The Gemilang International Limited (HKG:6163) Share Register?1 month ago | Simply Wall St
Gemilang International Limited (HKG:6163) Is Employing Capital Very Effectively1 month ago | Simply Wall St
Does Gemilang International (HKG:6163) Have A Healthy Balance Sheet?Valuation
Is Gemilang International undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: 6163 (HK$1.41) is trading below our estimate of fair value (HK$14.12)
Significantly Undervalued: 6163 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6163 is poor value based on its PE Ratio (21.4x) compared to the Machinery industry average (9.2x).
PE vs Market: 6163 is poor value based on its PE Ratio (21.4x) compared to the Hong Kong market (10.3x).
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate 6163's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6163 is overvalued based on its PB Ratio (2.6x) compared to the HK Machinery industry average (0.9x).
Next Steps
Future Growth
How is Gemilang International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
-0.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 6163's earnings are forecast to decline over the next 3 years (-0.2% per year).
Earnings vs Market: 6163's earnings are forecast to decline over the next 3 years (-0.2% per year).
High Growth Earnings: 6163's earnings are forecast to decline over the next 3 years.
Revenue vs Market: Insufficient data to determine if 6163's revenue is forecast to grow faster than the Hong Kong market.
High Growth Revenue: Insufficient data to determine if 6163's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if 6163's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Gemilang International performed over the past 5 years?
-54.5%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 6163's earnings have declined by -54.5% per year over the past 5 years.
Accelerating Growth: 6163 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 6163 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (7.4%).
Return on Equity
High ROE: 6163's Return on Equity (12%) is considered low.
Return on Assets
ROA vs Industry: 6163 has a higher Return on Assets than the Machinery industry average last year.
Return on Capital Employed
ROCE Improving: 6163's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Gemilang International's financial position?
Financial Position Analysis
Short Term Liabilities: 6163's short term assets ($34.2M) exceeds its short term liabilities ($25.0M)
Long Term Liabilities: 6163's short term assets (34.2M) exceeds its long term liabilities (90.0K)
Debt to Equity History and Analysis
Debt Level: 6163's debt to equity ratio (45.1%) is considered high
Reducing Debt: 6163's debt to equity ratio has reduced from 389.5% to 45.1% over the past 5 years.
Debt Coverage: 6163's debt is well covered by operating cash flow (57.2%).
Interest Coverage: 6163's interest payments on its debt are well covered by EBIT (5.1x coverage).
Balance Sheet
Inventory Level: 6163 has a high level of physical assets or inventory.
Debt Coverage by Assets: 6163's debt is covered by short term assets (assets are 4.304690x debt).
Next Steps
Dividend
What is Gemilang International's current dividend yield, its reliability and sustainability?
4.25%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: 6163's dividend (4.25%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).
High Dividend: 6163's dividend (4.25%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.25%).
Stable Dividend: 6163 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6163's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (45.4%), 6163'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
What is the CEO of Gemilang International's salary, the management and board of directors tenure and is there insider trading?
3.0yrs
Average board tenure
CEO
Chong Pang (60yo)
0yrs
Tenure
US$462,000
Compensation
Mr. Pang Chong Yong is a Co-Founder and Chief Executive Officer of Gemilang International Limited and also has been its Executive Director since June 21, 2016. Mr. Pang has served as a Managing Director of ...
CEO Compensation Analysis
Compensation vs. Market: Insufficient data to establish whether Chong's total compensation is reasonable compared to companies of similar size in the Hong Kong market.
Compensation vs Earnings: Chong's compensation has been consistent with company performance over the past year.
Board Age and Tenure
3.0yrs
Average Tenure
48yo
Average Age
Experienced Board: 6163's board of directors are considered experienced (3 years average tenure).
Insider Trading
Insider Buying: 6163 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Chairman of the Board Co-Founder & Chairman of the Board |
| Shares | 20,000 |
| Max Price | US$1.60 |
| Entity | Individual |
| Role | Chairman of the Board Co-Founder & Chairman of the Board |
| Shares | 300,000 |
| Max Price | US$1.88 |
Ownership Breakdown
Management Team
Sun Phang (70yo)
Co-Founder & Chairman of the Board
- Tenure: 3.3yrs
- Compensation: US$441.00k
Chong Pang (60yo)
Co-Founder
- Tenure: 0yrs
- Compensation: US$462.00k
Huey Phang (36yo)
Chief Corporate Officer & Executive Director
- Tenure: 3.3yrs
- Compensation: US$202.00k
Yuen Chan
Company Secretary
- Tenure: 0.4yrs
Board Members
Karen Lee (71yo)
Independent Non-Executive Director
- Tenure: 3yrs
- Compensation: US$38.00k
Sun Phang (70yo)
Co-Founder & Chairman of the Board
- Tenure: 3.3yrs
- Compensation: US$441.00k
Chong Pang (60yo)
Co-Founder
- Tenure: 0yrs
- Compensation: US$462.00k
Huey Phang (36yo)
Chief Corporate Officer & Executive Director
- Tenure: 3.3yrs
- Compensation: US$202.00k
Hiu Wong (48yo)
Independent Non-Executive Director
- Tenure: 3yrs
- Compensation: US$15.00k
Rosetta Kwok (42yo)
Independent Non-Executive Director
- Tenure: 3yrs
- Compensation: US$15.00k
Yean Huan (43yo)
Independent Non-Executive Director
- Tenure: 3yrs
- Compensation: US$15.00k
Company Information
Gemilang International Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Gemilang International Limited
- Ticker: 6163
- Exchange: SEHK
- Founded: 1989
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: HK$354.423m
- Shares outstanding: 251.36m
- Website: https://www.gml.com.my
Number of Employees
Location
- Gemilang International Limited
- Ptd 42326, Jalan Seelong
- Mukim Senai
- Senai
- Johor
- 81400
- Malaysia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 6163 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Nov 2016 |
Biography
Gemilang International Limited engages in the design and manufacture of buses and bus bodies in Singapore and Malaysia. It manufactures a range of buses, including single deck, double deck, and articulated ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/20 13:03 |
| End of Day Share Price | 2019/10/18 00:00 |
| Earnings | 2019/04/30 |
| Annual Earnings | 2018/10/31 |
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.