SEHK:711

Stock Analysis Report

Asia Allied Infrastructure Holdings

Executive Summary

Asia Allied Infrastructure Holdings Limited, an investment holding company, engages in the civil engineering, electrical and mechanical engineering, and foundation and building construction work businesses.

Snowflake

Fundamentals

Fair value with mediocre balance sheet.

Risks

  • Asia Allied Infrastructure Holdings is not covered by any analysts.

Share Price & News

How has Asia Allied Infrastructure Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

SEHK:711

-0.5%

HK Construction

-0.2%

HK Market


1 Year Return

-18.1%

SEHK:711

-11.4%

HK Construction

-4.5%

HK Market

711 underperformed the Construction industry which returned -11.4% over the past year.

711 underperformed the Market in Hong Kong which returned -4.7% over the past year.


Share holder returns

711IndustryMarket
7 Day0%-0.5%-0.2%
30 Day0%-3.6%2.7%
90 Day-15.7%-14.0%-8.3%
1 Year-15.4%-18.1%-8.0%-11.4%-1.1%-4.5%
3 Year-33.9%-39.8%-13.8%-21.9%29.4%16.5%
5 Year-39.0%-45.4%11.4%-4.9%21.3%1.0%

Price Volatility Vs. Market

How volatile is Asia Allied Infrastructure Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Asia Allied Infrastructure Holdings undervalued based on future cash flows and its price relative to the stock market?

8x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Asia Allied Infrastructure Holdings to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Asia Allied Infrastructure Holdings to establish if it is available at substantial discount.


Price Based on Earnings

Asia Allied Infrastructure Holdings is good value based on earnings compared to the HK Construction industry average.

Asia Allied Infrastructure Holdings is good value based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Asia Allied Infrastructure Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Asia Allied Infrastructure Holdings is good value based on assets compared to the HK Construction industry average.


Next Steps

Future Growth

How is Asia Allied Infrastructure Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Asia Allied Infrastructure Holdings is high growth as no revenue estimate data is available.

Asia Allied Infrastructure Holdings's earnings are expected to grow by 16.3% yearly, however this is not considered high growth (20% yearly).

Unable to compare Asia Allied Infrastructure Holdings's revenue growth to the Hong Kong market average as no estimate data is available.

Asia Allied Infrastructure Holdings's earnings growth is expected to exceed the Hong Kong market average.

Asia Allied Infrastructure Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Asia Allied Infrastructure Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Asia Allied Infrastructure Holdings performed over the past 5 years?

5.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Asia Allied Infrastructure Holdings's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.

Asia Allied Infrastructure Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Asia Allied Infrastructure Holdings's 1-year earnings growth is negative, it can't be compared to the HK Construction industry average.


Return on Equity

Asia Allied Infrastructure Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Asia Allied Infrastructure Holdings used its assets less efficiently than the HK Construction industry average last year based on Return on Assets.


Return on Capital Employed

It is difficult to establish if Asia Allied Infrastructure Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Asia Allied Infrastructure Holdings's financial position?


Financial Position Analysis

Asia Allied Infrastructure Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Asia Allied Infrastructure Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Asia Allied Infrastructure Holdings's level of debt (111.6%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (150.2% vs 111.6% today).

Operating cash flow is negative therefore debt is not well covered.

Unable to confirm if the interest payments on Asia Allied Infrastructure Holdings's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 2.4x debt.


Next Steps

Dividend

What is Asia Allied Infrastructure Holdings's current dividend yield, its reliability and sustainability?

3.56%

Current Dividend Yield


Upcoming Dividend Payment

Purchase Asia Allied Infrastructure Holdings before the 'Buy Limit' to receive their next dividend payment.


Dividend Yield and Payments Analysis

Asia Allied Infrastructure Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.08%).

Asia Allied Infrastructure Holdings's dividend is below the markets top 25% of dividend payers in Hong Kong (5.72%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are well covered by earnings (3.5x 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.


Next Steps

Management

What is the CEO of Asia Allied Infrastructure Holdings's salary, the management and board of directors tenure and is there insider trading?

2.3yrs

Average board tenure


CEO

Derrick, JP Pang (44yo)

2.3yrs

Tenure

HK$3,287,000

Compensation

Dr. Pang Yat Bond, also known as Derrick, BSc, MEng, MBA, Ph.D., MICE, PE(US), MHKIE has been the Chief Executive Officer of Asia Allied Infrastructure Holdings Limited since April 1, 2017 and has been its ...


CEO Compensation Analysis

Derrick, JP's remuneration is higher than average for companies of similar size in Hong Kong.

Derrick, JP's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

2.3yrs

Average Tenure

49.5yo

Average Age

The average tenure for the Asia Allied Infrastructure Holdings board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month individual insider trading information.


Recent Insider Transactions

BuyHK$45,239,85010 Apr 19
GT Winners Limited
EntityCompany
Shares39,000,000
Max PriceHK$1.16
BuyHK$25,461,05408 Apr 19
GT Winners Limited
EntityCompany
Shares20,700,000
Max PriceHK$1.23
BuyHK$43,578,48929 Oct 18
GT Winners Limited
EntityCompany
Shares49,578,363
Max PriceHK$1.00
BuyHK$23,539,99323 Oct 18
GT Winners Limited
EntityCompany
Shares20,000,000
Max PriceHK$1.18
BuyHK$10,510,17227 Aug 18
GT Winners Limited
EntityCompany
Shares9,084,000
Max PriceHK$1.16

Ownership Breakdown


Management Team

  • Quadrant Shea (52yo)

    CFO, Secretary & Executive Director

    • Tenure: 4.4yrs
    • Compensation: HK$2.60m
  • Maowei Fan (40yo)

    Managing Director of CCC Fourth

  • Michael Wong (63yo)

    Managing Director of City Services Group Limited

  • Andy Yiu (63yo)

    Chief Operating Officer of Construction Segment

  • Derrick, JP Pang (44yo)

    CEO & Executive Director

    • Tenure: 2.3yrs
    • Compensation: HK$3.29m
  • Stephen Lee (62yo)

    Director of Legal & Commercial & CEO of the Construction Segment

  • Rayland Lee (48yo)

    Director of Construction Segment

  • Dominic Pang (46yo)

    Executive Chairman

    • Compensation: HK$3.22m
  • Christina Li (68yo)

    Executive Director

    • Compensation: HK$2.46m
  • Han Li (49yo)

    Executive Director


Board Members

  • Quadrant Shea (52yo)

    CFO, Secretary & Executive Director

    • Tenure: 2.0yrs
    • Compensation: HK$2.60m
  • Jerry Xu (50yo)

    Deputy Chairman

    • Tenure: 2.3yrs
    • Compensation: HK$3.35m
  • Anthony Poon (57yo)

    Director of Chun Wo Property Development Limited

  • William Wu (52yo)

    Independent Non-Executive Director

    • Tenure: 4.4yrs
    • Compensation: HK$278.00k
  • Derrick, JP Pang (44yo)

    CEO & Executive Director

    • Tenure: 9.3yrs
    • Compensation: HK$3.29m
  • Dominic Pang (46yo)

    Executive Chairman

    • Tenure: 2.3yrs
    • Compensation: HK$3.22m
  • Christina Li (68yo)

    Executive Director

    • Tenure: 1.7yrs
    • Compensation: HK$2.46m
  • Curt Lam (49yo)

    Independent Non-Executive Director

    • Tenure: 2.5yrs
    • Compensation: HK$278.00k
  • Gilbert Ho (42yo)

    Independent Non-Executive Director

    • Tenure: 2.5yrs
    • Compensation: HK$278.00k
  • Han Li (49yo)

    Executive Director

    • Tenure: 1.3yrs

Company Information

Asia Allied Infrastructure Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Asia Allied Infrastructure Holdings Limited
  • Ticker: 711
  • Exchange: SEHK
  • Founded: 1968
  • Industry: construction and engineering
  • Sector: capital goods
  • Market Cap: HK$1.085b
  • Shares outstanding: 1.84b
  • Website: Click here

Number of Employees


Location

  • Asia Allied Infrastructure Holdings Limited
  • Hong Kong Spinners Industrial Building Phase 1
  • C1, 5th Floor
  • Cheung Sha Wan
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
711SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 1993

Biography

Asia Allied Infrastructure Holdings Limited, an investment holding company, engages in the civil engineering, electrical and mechanical engineering, and foundation and building construction work businesses ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/18 12:34
End of Day Share Price2019/07/18 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.