SEHK:711

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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 in Hong Kong, the United Arab Emirates, and internationally .


Snowflake Analysis

Second-rate dividend payer with mediocre balance sheet.

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

Stable Share Price: 711 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.6%

711

1.4%

HK Construction

1.4%

HK Market


1 Year Return

3.4%

711

-17.5%

HK Construction

3.1%

HK Market

Return vs Industry: 711 exceeded the Hong Kong Construction industry which returned -17.5% over the past year.

Return vs Market: 711 matched the Hong Kong Market which returned 3.1% over the past year.


Shareholder returns

711IndustryMarket
7 Day-1.6%1.4%1.4%
30 Day-3.2%0.08%-0.8%
90 Day-6.2%-0.3%8.8%
1 Year6.7%3.4%-13.1%-17.5%7.4%3.1%
3 Year-14.7%-24.7%-37.7%-45.6%-0.2%-10.9%
5 Year-55.1%-60.4%-39.9%-50.2%8.9%-9.3%

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 compared to its fair value and its price relative to the market?

11.06x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 711 (HK$0.61) is trading above our estimate of fair value (HK$0.18)

Significantly Below Fair Value: 711 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 711 is poor value based on its PE Ratio (11.1x) compared to the HK Construction industry average (8.3x).

PE vs Market: 711 is poor value based on its PE Ratio (11.1x) compared to the Hong Kong market (10.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 711's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 711 is good value based on its PB Ratio (0.5x) compared to the HK Construction industry average (0.9x).


Next Steps

Future Growth

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

10.2%

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

-13.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 711 has a high level of non-cash earnings.

Growing Profit Margin: 711's current net profit margins (1.3%) are lower than last year (1.7%).


Past Earnings Growth Analysis

Earnings Trend: 711's earnings have declined by 13.4% per year over the past 5 years.

Accelerating Growth: 711's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 711 had negative earnings growth (-25.7%) over the past year, making it difficult to compare to the Construction industry average (-7.7%).


Return on Equity

High ROE: 711's Return on Equity (4%) is considered low.


Next Steps

Financial Health

How is Asia Allied Infrastructure Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 711's short term assets (HK$6.9B) exceed its short term liabilities (HK$4.4B).

Long Term Liabilities: 711's short term assets (HK$6.9B) exceed its long term liabilities (HK$1.3B).


Debt to Equity History and Analysis

Debt Level: 711's debt to equity ratio (114.2%) is considered high.

Reducing Debt: 711's debt to equity ratio has reduced from 160.8% to 114.2% over the past 5 years.

Debt Coverage: 711's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 711's interest payments on its debt are not well covered by EBIT (0.7x coverage).


Balance Sheet


Next Steps

Dividend

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

2.62%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: 711's dividend (2.62%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).

High Dividend: 711's dividend (2.62%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.92%).


Stability and Growth of Payments

Stable Dividend: 711's dividend payments have been volatile in the past 10 years.

Growing Dividend: 711's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29%), 711'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

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

3.4yrs

Average board tenure


CEO

Derrick, JP Pang (45 yo)

3.33yrs

Tenure

HK$3,087,000

Compensation

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


CEO Compensation Analysis

Compensation vs Market: Derrick, JP's total compensation ($USD398.30K) is above average for companies of similar size in the Hong Kong market ($USD232.38K).

Compensation vs Earnings: Derrick, JP's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Yat Ting Pang
Executive Chairman3.42yrsHK$3.29mno data
Yat Bond Pang
CEO & Executive Director3.33yrsHK$3.09m0.40%
HK$ 4.4m
Jianhua Xu
Deputy Chairman3.42yrsHK$3.22mno data
Chun Lok Shea
CFO, Secretary & Executive Director3.08yrsHK$2.71mno data
Wai Hang Li
Executive Director2.75yrsHK$2.01m0.60%
HK$ 6.5m
Wing Nin Ko
Chief Operating Officer of the Construction Segment5.92yrsno datano data
Wai Leung Wu
Independent Non-Executive Director5.5yrsHK$290.00kno data
Chi Hang Ho
Independent Non-Executive Director3.58yrsHK$290.00kno data
Yau Fung Lam
Independent Non-Executive Director3.58yrsHK$290.00kno data
Chi Choi Poon
Director of Chun Wo Property Development Limitedno datano datano data
Wendy Dick Yee Wong
Non-Executive Director0.25yrno datano data
Yuk Lun Yim
Independent Non-Executive Director0.25yrno datano data

3.4yrs

Average Tenure

52yo

Average Age

Experienced Board: 711's board of directors are considered experienced (3.4 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

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$1.093b
  • Shares outstanding: 1.82b
  • Website: https://www.asiaalliedgroup.com

Number of Employees


Location

  • Asia Allied Infrastructure Holdings Limited
  • Hong Kong Spinners Ind. Bldg 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 Analysis2020/08/04 12:58
End of Day Share Price2020/08/04 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.