SEHK:620

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DTXS Silk Road Investment Holdings

Executive Summary

DTXS Silk Road Investment Holdings Company Limited, an investment holding company, engages in the arts and collections, auction, vineyard, and merchandise trading businesses in Hong Kong, Mainland China, Southeast Asia, the Middle East, rest of Europe, France, and internationally.


Snowflake Analysis

Excellent balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has DTXS Silk Road Investment Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 620 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.1%

620

11.5%

HK Machinery

9.0%

HK Market


1 Year Return

-24.9%

620

24.3%

HK Machinery

0.2%

HK Market

Return vs Industry: 620 underperformed the Hong Kong Machinery industry which returned 20.2% over the past year.

Return vs Market: 620 underperformed the Hong Kong Market which returned -0.5% over the past year.


Shareholder returns

620IndustryMarket
7 Day-2.1%11.5%9.0%
30 Day-4.5%11.2%8.4%
90 Day-14.0%27.5%12.9%
1 Year-24.9%-24.9%27.2%24.3%4.4%0.2%
3 Year-4.0%-4.0%65.4%53.0%10.1%-1.8%
5 Year43.5%43.5%92.2%74.2%12.2%-6.7%

Price Volatility Vs. Market

How volatile is DTXS Silk Road Investment Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is DTXS Silk Road Investment Holdings undervalued compared to its fair value and its price relative to the market?

2.44x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 620's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 620's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 620 is unprofitable, so we can't compare its PE Ratio to the Machinery industry average.

PE vs Market: 620 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 620's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 620 is overvalued based on its PB Ratio (2.4x) compared to the HK Machinery industry average (0.9x).


Next Steps

Future Growth

How is DTXS Silk Road Investment Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.2%

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 DTXS Silk Road Investment 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.


Next Steps

Past Performance

How has DTXS Silk Road Investment Holdings performed over the past 5 years?

-1.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 620 is currently unprofitable.

Growing Profit Margin: 620 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 620 is unprofitable, and losses have increased over the past 5 years at a rate of -1.7% per year.

Accelerating Growth: Unable to compare 620's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 620 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-8.7%).


Return on Equity

High ROE: 620 has a negative Return on Equity (-1.71%), as it is currently unprofitable.


Next Steps

Financial Health

How is DTXS Silk Road Investment Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 620's short term assets (HK$947.6M) exceed its short term liabilities (HK$91.7M).

Long Term Liabilities: 620's short term assets (HK$947.6M) exceed its long term liabilities (HK$29.5M).


Debt to Equity History and Analysis

Debt Level: 620 is debt free.

Reducing Debt: 620 has no debt compared to 5 years ago when its debt to equity ratio was 14.3%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 620 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 620 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24.2% each year


Next Steps

Dividend

What is DTXS Silk Road Investment Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 620's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 620's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 620's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 620's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 620's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.4yrs

Average management tenure


CEO

Kim Fung Lai (54yo)

0.083

Tenure

HK$4,390,000

Compensation

Mr. Kim Fung Lai is the Co-Chief Executive Officer at DTXS Silk Road Investment Holdings Company Limited since June 16, 2020. He had been the Chief Executive Officer at DTXS Silk Road Investment Holdings C ...


CEO Compensation Analysis

Compensation vs Market: Kim Fung's total compensation ($USD566.45K) is above average for companies of similar size in the Hong Kong market ($USD311.74K).

Compensation vs Earnings: Kim Fung's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jianzhong Lu
Chairman of the Board4.58yrsHK$401.00k0.75% HK$23.0m
Kim Fung Lai
Co-CEO & Executive Director0.083yrHK$4.39mno data
Kwok Tung Wong
Deputy CEO & Executive Director5yrsHK$407.00kno data
Xingwen Yang
Executive Director4.58yrsHK$389.00kno data
Zhihong Xu
Co-Chief Executive Officer0.083yrno datano data
Lin Xu
Executive Vice-Chairman0.25yrno datano data
Man Joe Tang
CFO & Company Secretary1.83yrsno datano data
Yong Wang
Deputy Chief Executive Officer0.58yrno datano data

0.4yrs

Average Tenure

55.5yo

Average Age

Experienced Management: 620's management team is not considered experienced ( 0.4 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jianzhong Lu
Chairman of the Board4.58yrsHK$401.00k0.75% HK$23.0m
Kim Fung Lai
Co-CEO & Executive Director0.083yrHK$4.39mno data
Kwok Tung Wong
Deputy CEO & Executive Director5yrsHK$407.00kno data
Xingwen Yang
Executive Director4.58yrsHK$389.00kno data
Lin Xu
Executive Vice-Chairman0.25yrno datano data
Kar-Shun Cheng
Non-Executive Director0.92yrHK$124.00kno data
Chi Shing Kwok
Independent Non-executive Director0.17yrno datano data
Yung Hoi Tse
Independent Non-executive Director4.58yrsHK$363.00kno data
Shi Wang
Independent Non-Executive Director4.58yrsHK$363.00kno data

4.6yrs

Average Tenure

58yo

Average Age

Experienced Board: 620's board of directors are considered experienced (4.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 620 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20.1%.


Top Shareholders

Company Information

DTXS Silk Road Investment Holdings Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: DTXS Silk Road Investment Holdings Company Limited
  • Ticker: 620
  • Exchange: SEHK
  • Founded: 1991
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: HK$3.070b
  • Shares outstanding: 667.48m
  • Website: https://www.dtxs.com

Number of Employees


Location

  • DTXS Silk Road Investment Holdings Company Limited
  • Bank of America Tower
  • 8th Floor
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
620SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992

Biography

DTXS Silk Road Investment Holdings Company Limited, an investment holding company, engages in the arts and collections, auction, vineyard, and merchandise trading businesses in Hong Kong, Mainland China, Southeast Asia, the Middle East, rest of Europe, France, and internationally. The company operates through Arts and Cultural, Winery, and e-Commerce divisions. The Arts and Cultural division engages in the sale of antique, bronze mirrors, ancient coins, and jewelry items; and art financing and art central district business. The Winery division produces and sells wines and related products. The e-Commerce division trades in electronic devices, cosmetics, and other consumer products. It also engages in property investment and development activities. The company was formerly known as UDL Holdings Limited and changed its name to DTXS Silk Road Investment Holdings Company Limited in February 2016. The company was incorporated in 1991 and is headquartered in Central, Hong Kong. DTXS Silk Road Investment Holdings Company Limited is a subsidiary of Da Tang Xi Shi International Holdings Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/08 12:43
End of Day Share Price2020/07/08 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.