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713

World Houseware (Holdings) SEHK:713 Stock Report

Last Price

HK$0.74

Market Cap

HK$574.3m

7D

2.8%

1Y

-17.8%

Updated

25 Jun, 2022

Data

Company Financials
713 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health4/6
Dividends0/6

713 Stock Overview

World Houseware (Holdings) Limited, an investment holding company, manufactures and distributes household products, PVC pipes and fittings, and moulds in the People’s Republic of China and the United States.

World Houseware (Holdings) Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for World Houseware (Holdings)
Historical stock prices
Current Share PriceHK$0.74
52 Week HighHK$1.21
52 Week LowHK$0.58
Beta0.45
1 Month Change-6.33%
3 Month Change-18.68%
1 Year Change-17.78%
3 Year Change51.02%
5 Year Change10.45%
Change since IPO-29.43%

Recent News & Updates

Apr 12
World Houseware (Holdings) Limited's (HKG:713) Business Is Yet to Catch Up With Its Share Price

World Houseware (Holdings) Limited's (HKG:713) Business Is Yet to Catch Up With Its Share Price

With a price-to-earnings (or "P/E") ratio of 14.3x World Houseware (Holdings) Limited ( HKG:713 ) may be sending very...

Shareholder Returns

713HK BuildingHK Market
7D2.8%7.7%2.1%
1Y-17.8%-35.1%-23.3%

Return vs Industry: 713 exceeded the Hong Kong Building industry which returned -35.1% over the past year.

Return vs Market: 713 exceeded the Hong Kong Market which returned -23.3% over the past year.

Price Volatility

Is 713's price volatile compared to industry and market?
713 volatility
713 Average Weekly Movement4.4%
Building Industry Average Movement7.2%
Market Average Movement7.0%
10% most volatile stocks in HK Market13.8%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 713 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 713's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968710Mei Po Funghttps://www.worldhse.com

World Houseware (Holdings) Limited, an investment holding company, manufactures and distributes household products, PVC pipes and fittings, and moulds in the People’s Republic of China and the United States. The company engages in property holding and investment activities; provision of transportation services; and food waste recycling and reborn resources related businesses. It is also involved in the trading of building materials and supplies, and household products.

World Houseware (Holdings) Fundamentals Summary

How do World Houseware (Holdings)'s earnings and revenue compare to its market cap?
713 fundamental statistics
Market CapHK$574.33m
Earnings (TTM)HK$44.02m
Revenue (TTM)HK$878.03m

13.0x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
713 income statement (TTM)
RevenueHK$878.03m
Cost of RevenueHK$728.61m
Gross ProfitHK$149.42m
Other ExpensesHK$105.40m
EarningsHK$44.02m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.057
Gross Margin17.02%
Net Profit Margin5.01%
Debt/Equity Ratio15.0%

How did 713 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 713 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 713?

Other financial metrics that can be useful for relative valuation.

713 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.02x
Enterprise Value/EBITDA0.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 713's PE Ratio compare to its peers?

713 PE Ratio vs Peers
The above table shows the PE ratio for 713 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average12.7x

Price-To-Earnings vs Peers: 713 is expensive based on its Price-To-Earnings Ratio (13x) compared to the peer average (12.7x).


Price to Earnings Ratio vs Industry

How does 713's PE Ratio compare vs other companies in the Building Industry?

Price-To-Earnings vs Industry: 713 is expensive based on its Price-To-Earnings Ratio (13x) compared to the Hong Kong Building industry average (9.5x)


Price to Earnings Ratio vs Fair Ratio

What is 713's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

713 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio13x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 713's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 713 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 713's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 713's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 713's PEG Ratio to determine if it is good value.


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Future Growth

How is World Houseware (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.9%

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 World Houseware (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.


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  • Examine World Houseware (Holdings)'s financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • World Houseware (Holdings) competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has World Houseware (Holdings) performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


2.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 713 has a large one-off gain of HK$55.0M impacting its December 31 2021 financial results.

Growing Profit Margin: 713's current net profit margins (5%) are lower than last year (8.4%).


Past Earnings Growth Analysis

Earnings Trend: 713 has become profitable over the past 5 years, growing earnings by 2.6% per year.

Accelerating Growth: 713's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 713 had negative earnings growth (-36.2%) over the past year, making it difficult to compare to the Building industry average (50.2%).


Return on Equity

High ROE: 713's Return on Equity (2.3%) is considered low.


Discover strong past performing companies

Financial Health

How is World Houseware (Holdings)'s financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 713's short term assets (HK$1.4B) exceed its short term liabilities (HK$1.3B).

Long Term Liabilities: 713's short term assets (HK$1.4B) exceed its long term liabilities (HK$528.4M).


Debt to Equity History and Analysis

Debt Level: 713 has more cash than its total debt.

Reducing Debt: 713's debt to equity ratio has reduced from 51.4% to 15% over the past 5 years.

Debt Coverage: 713's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 713's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is World Houseware (Holdings) current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 713's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 713'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 713's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 713's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 713 is not paying a notable dividend for the Hong Kong market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 713 has not reported any payouts.


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Management

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

14.8yrs

Average management tenure


CEO

Mei Po Fung (65 yo)

no data

Tenure

HK$3,198,000

Compensation

Madam Mei Po Fung serves as the Chief Executive Officer of World Houseware Holdings Ltd. Madam Fung is in charge of sales of World Houseware Holdings Ltd.'s North American markets and the Groups Hong Kong...


CEO Compensation Analysis

Compensation vs Market: Mei Po's total compensation ($USD407.43K) is above average for companies of similar size in the Hong Kong market ($USD233.11K).

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


Leadership Team

Experienced Management: 713's management team is seasoned and experienced (14.8 years average tenure).


Board Members

Experienced Board: 713's board of directors are seasoned and experienced ( 17.5 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.


Ownership Breakdown

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


Top Shareholders

Company Information

World Houseware (Holdings) Limited's employee growth, exchange listings and data sources


Key Information

  • Name: World Houseware (Holdings) Limited
  • Ticker: 713
  • Exchange: SEHK
  • Founded: 1968
  • Industry: Building Products
  • Sector: Capital Goods
  • Implied Market Cap: HK$574.327m
  • Shares outstanding: 776.12m
  • Website: https://www.worldhse.com

Number of Employees


Location

  • World Houseware (Holdings) Limited
  • Bold Win Industrial Building
  • Flat C, 18th Floor
  • Kwai Chung
  • New Territories
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.