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World Houseware (Holdings)

SEHK:713
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
713
SEHK
HK$352M
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

World Houseware (Holdings) Limited, an investment holding company, manufactures and distributes household products, PVC pipes and fittings, and molds in the People’s Republic of China and the United States. The last earnings update was 59 days ago. More info.


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  • World Houseware (Holdings) has significant price volatility in the past 3 months.
713 Share Price and Events
7 Day Returns
-2.1%
SEHK:713
2.5%
HK Building
-0.2%
HK Market
1 Year Returns
-13.9%
SEHK:713
-2.5%
HK Building
-6.6%
HK Market
713 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
World Houseware (Holdings) (713) -2.1% 0% -25% -13.9% -8.8% 22.4%
HK Building 2.5% 0.9% -4.9% -2.5% -19% -27.5%
HK Market -0.2% 2.3% -5.5% -6.6% 22.5% 4.4%
1 Year Return vs Industry and Market
  • 713 underperformed the Building industry which returned -2.5% over the past year.
  • 713 underperformed the Market in Hong Kong which returned -6.6% over the past year.
Price Volatility
713
Industry
5yr Volatility vs Market

713 Value

 Is World Houseware (Holdings) undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for World Houseware (Holdings). This is due to cash flow or dividend data being unavailable. The share price is HK$0.465.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for World Houseware (Holdings)'s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are World Houseware (Holdings)'s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:713 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$1.53
SEHK:713 Share Price ** SEHK (2019-06-26) in HKD HK$0.47
Hong Kong Building Industry PE Ratio Median Figure of 7 Publicly-Listed Building Companies 7.92x
Hong Kong Market PE Ratio Median Figure of 1,488 Publicly-Listed Companies 10.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of World Houseware (Holdings).

SEHK:713 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:713 Share Price ÷ EPS (both in HKD)

= 0.47 ÷ 1.53

0.3x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • World Houseware (Holdings) is good value based on earnings compared to the HK Building industry average.
  • World Houseware (Holdings) is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does World Houseware (Holdings)'s expected growth come at a high price?
Raw Data
SEHK:713 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 0.3x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Building Industry PEG Ratio Median Figure of 12 Publicly-Listed Building Companies 1.07x
Hong Kong Market PEG Ratio Median Figure of 470 Publicly-Listed Companies 0.77x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for World Houseware (Holdings), we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on World Houseware (Holdings)'s assets?
Raw Data
SEHK:713 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$2.36
SEHK:713 Share Price * SEHK (2019-06-26) in HKD HK$0.47
Hong Kong Building Industry PB Ratio Median Figure of 8 Publicly-Listed Building Companies 0.57x
Hong Kong Market PB Ratio Median Figure of 2,173 Publicly-Listed Companies 0.93x
SEHK:713 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:713 Share Price ÷ Book Value per Share (both in HKD)

= 0.47 ÷ 2.36

0.2x

* Primary Listing of World Houseware (Holdings).

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • World Houseware (Holdings) is good value based on assets compared to the HK Building industry average.
X
Value checks
We assess World Houseware (Holdings)'s value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Building industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Building industry average (and greater than 0)? (1 check)
  5. World Houseware (Holdings) has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

713 Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.4%
Expected Building industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is World Houseware (Holdings) expected to grow at an attractive rate?
  • Unable to compare World Houseware (Holdings)'s earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare World Houseware (Holdings)'s earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare World Houseware (Holdings)'s revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:713 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Building Industry Earnings Growth Rate Market Cap Weighted Average 14.4%
Asia Building Industry Revenue Growth Rate Market Cap Weighted Average 13%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.1%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:713 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:713 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 926 -1 1,167
2018-09-30 939 15 528
2018-06-30 952 30 -111
2018-03-31 933 21 -112
2017-12-31 914 12 -114
2017-09-30 872 29 -88
2017-06-30 830 47 -62
2017-03-31 842 54 -44
2016-12-31 855 60 -27
2016-09-30 910 39 -31
2016-06-30 965 18 -35
2016-03-31 980 23 -38

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if World Houseware (Holdings) is high growth as no earnings estimate data is available.
  • Unable to determine if World Houseware (Holdings) is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:713 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from World Houseware (Holdings) Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:713 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 1.53
2018-09-30 0.69
2018-06-30 -0.15
2018-03-31 -0.15
2017-12-31 -0.15
2017-09-30 -0.12
2017-06-30 -0.09
2017-03-31 -0.06
2016-12-31 -0.04
2016-09-30 -0.04
2016-06-30 -0.05
2016-03-31 -0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if World Houseware (Holdings) will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether World Houseware (Holdings) is trading at World Houseware (Holdings)'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. World Houseware (Holdings)'s future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. World Houseware (Holdings)'s competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess World Houseware (Holdings)'s future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
World Houseware (Holdings) has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

713 Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare World Houseware (Holdings)'s growth in the last year to its industry (Building).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • World Houseware (Holdings) has delivered over 20% year on year earnings growth in the past 5 years.
  • World Houseware (Holdings) has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • World Houseware (Holdings) has become profitable in the last year making it difficult to compare the HK Building industry average.
Earnings and Revenue History
World Houseware (Holdings)'s revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from World Houseware (Holdings) Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:713 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 926.23 1,166.88 262.43
2018-09-30 938.94 527.88 244.69
2018-06-30 951.65 -111.11 226.94
2018-03-31 932.84 -112.34 216.70
2017-12-31 914.02 -113.57 206.47
2017-09-30 871.89 -87.78 186.20
2017-06-30 829.75 -62.00 165.93
2017-03-31 842.47 -44.27 165.32
2016-12-31 855.20 -26.55 164.72
2016-09-30 910.21 -30.63 173.16
2016-06-30 965.22 -34.72 181.60
2016-03-31 979.59 -38.14 181.31
2015-12-31 993.97 -41.56 181.03
2015-09-30 985.40 -46.97 171.29
2015-06-30 976.83 -52.37 161.55
2015-03-31 984.17 -50.63 157.10
2014-12-31 991.51 -48.88 152.66
2014-09-30 997.15 -43.65 143.24
2014-06-30 1,002.79 -38.41 133.82
2014-03-31 999.11 -42.69 133.63
2013-12-31 995.43 -46.96 133.45
2013-09-30 1,006.17 -33.41 133.74
2013-06-30 1,016.90 -19.86 134.03
2013-03-31 1,045.93 -4.45 132.60
2012-12-31 1,074.97 10.96 131.18
2012-09-30 1,084.71 -12.13 135.02
2012-06-30 1,094.45 -35.22 138.86

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • World Houseware (Holdings) made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • World Houseware (Holdings) used its assets more efficiently than the HK Building industry average last year based on Return on Assets.
  • It is difficult to establish if World Houseware (Holdings) improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess World Houseware (Holdings)'s performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Building industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
World Houseware (Holdings) has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

713 Health

 How is World Houseware (Holdings)'s financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up World Houseware (Holdings)'s finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • World Houseware (Holdings) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • World Houseware (Holdings)'s cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of World Houseware (Holdings)'s finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from World Houseware (Holdings) Company Filings, last reported 5 months ago.

SEHK:713 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,803.30 281.55 37.01
2018-09-30 1,803.30 281.55 37.01
2018-06-30 641.96 303.43 31.85
2018-03-31 641.96 303.43 31.85
2017-12-31 701.17 301.41 57.37
2017-09-30 701.17 301.41 57.37
2017-06-30 714.78 389.75 60.67
2017-03-31 714.78 389.75 60.67
2016-12-31 734.95 374.91 69.33
2016-09-30 734.95 374.91 69.33
2016-06-30 791.29 375.23 17.34
2016-03-31 791.29 375.23 17.34
2015-12-31 819.20 380.86 39.94
2015-09-30 819.20 380.86 39.94
2015-06-30 883.07 396.91 49.94
2015-03-31 883.07 396.91 49.94
2014-12-31 886.72 359.01 48.66
2014-09-30 886.72 359.01 48.66
2014-06-30 918.04 308.78 34.88
2014-03-31 918.04 308.78 34.88
2013-12-31 965.17 264.71 82.86
2013-09-30 965.17 264.71 82.86
2013-06-30 972.46 256.85 85.75
2013-03-31 972.46 256.85 85.75
2012-12-31 978.82 213.20 84.71
2012-09-30 978.82 213.20 84.71
2012-06-30 943.09 174.90 69.30
  • World Houseware (Holdings)'s level of debt (15.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (27.5% vs 15.8% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on World Houseware (Holdings)'s debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess World Houseware (Holdings)'s financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. World Houseware (Holdings) has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

713 Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from World Houseware (Holdings) dividends.
If you bought HK$2,000 of World Houseware (Holdings) shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate World Houseware (Holdings)'s dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate World Houseware (Holdings)'s dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:713 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Asia Building Industry Average Dividend Yield Market Cap Weighted Average of 25 Stocks 2.2%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 966 Stocks 3.7%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:713 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2012-09-17 0.000 0.000
2012-08-24 0.000 0.000
2012-04-25 0.000 0.000
2012-03-27 0.000 0.000
2011-03-23 0.005 1.695

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as World Houseware (Holdings) has not reported any payouts.
  • Unable to verify if World Houseware (Holdings)'s dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of World Houseware (Holdings)'s earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as World Houseware (Holdings) has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess World Houseware (Holdings)'s dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can World Houseware (Holdings) afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. World Houseware (Holdings) has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

713 Management

 What is the CEO of World Houseware (Holdings)'s salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Mei Po Fung
COMPENSATION HK$3,404,000
AGE 62
CEO Bio

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 operations and administration. She has over 20 years' experience in marketing, production planning and factory management and has been with the Group for over 19 years. Madam Fung has been Vice-Chairwoman of World Houseware Holdings Ltd. since January 1, 2002 and also serves as an Executive Director.

CEO Compensation
  • Mei Po's compensation has increased in line with World Houseware (Holdings) recently becoming profitable.
  • Mei Po's remuneration is higher than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the World Houseware (Holdings) management team in years:

21.1
Average Tenure
57
Average Age
  • The average tenure for the World Houseware (Holdings) management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Tat Hing Lee

TITLE
Executive Chairman & MD
COMPENSATION
HK$77M
AGE
80

Mei Po Fung

TITLE
Vice Chairwoman & CEO
COMPENSATION
HK$3M
AGE
62

Chun Sing Lee

TITLE
Vice Chairman
COMPENSATION
HK$3M
AGE
57

Pak Tung Lee

TITLE
Executive Director
COMPENSATION
HK$667K
AGE
71

Stanley Lee

TITLE
Executive Director
COMPENSATION
HK$2M
AGE
55

Cho Wai Leung

TITLE
Financial Controller
AGE
51
TENURE
11.8 yrs

Belinda Lee

TITLE
Senior Sales Manager
AGE
52
TENURE
30.4 yrs

Sung Kong Wong

TITLE
Chief Artist
AGE
58
TENURE
34.4 yrs

Chi Yuen Tsui

TITLE
Company Secretary
AGE
53
TENURE
11.8 yrs
Board of Directors Tenure

Average tenure and age of the World Houseware (Holdings) board of directors in years:

11.6
Average Tenure
61.5
Average Age
  • The average tenure for the World Houseware (Holdings) board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Tat Hing Lee

TITLE
Executive Chairman & MD
COMPENSATION
HK$77M
AGE
80

Mei Po Fung

TITLE
Vice Chairwoman & CEO
COMPENSATION
HK$3M
AGE
62
TENURE
17.4 yrs

Chun Sing Lee

TITLE
Vice Chairman
COMPENSATION
HK$3M
AGE
57
TENURE
17.4 yrs

Pak Tung Lee

TITLE
Executive Director
COMPENSATION
HK$667K
AGE
71

Stanley Lee

TITLE
Executive Director
COMPENSATION
HK$2M
AGE
55
TENURE
6.5 yrs

Steve Tsui

TITLE
Independent Non-Executive Director
COMPENSATION
HK$180K
AGE
62
TENURE
11.6 yrs

Edward Cheung

TITLE
Non Executive Director
COMPENSATION
HK$180K
AGE
65

Thomas Hui

TITLE
Independent Non-Executive Director
COMPENSATION
HK$180K
AGE
61

Tak Kay Ho

TITLE
Independent Non-Executive Director
COMPENSATION
HK$180K
AGE
61

Sze Ming Shang

TITLE
Independent Non-Executive Director
COMPENSATION
HK$180K
AGE
58
TENURE
6.6 yrs
Who owns this company?
Recent Insider Trading
  • World Houseware (Holdings) individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
12. Jun 19 Sell Pak Tung Lee Individual 14. May 19 14. May 19 -300,000 HK$0.47 HK$-141,000
12. Jun 19 Sell Pak Tung Lee Individual 16. Apr 19 16. Apr 19 -500,000 HK$0.53 HK$-265,000
X
Management checks
We assess World Houseware (Holdings)'s management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. World Houseware (Holdings) has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

713 News

Simply Wall St News

Here's What We Think About World Houseware (Holdings) Limited's (HKG:713) CEO Pay

At the time of writing our data says that World Houseware (Holdings) Limited has a market cap of HK$367m, and is paying total annual CEO compensation of HK$3.4m. … It would therefore appear that World Houseware (Holdings) Limited pays Mei Po Fung more than the median CEO remuneration at companies of a similar size, in the same market. … We compared the total CEO remuneration paid by World Houseware (Holdings) Limited, and compared it to remuneration at a group of similar sized companies.

Simply Wall St -

Could World Houseware (Holdings) Limited's (HKG:713) Investor Composition Influence The Stock Price?

A look at the shareholders of World Houseware (Holdings) Limited (HKG:713) can tell us which group is most powerful. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … View our latest analysis for World Houseware (Holdings)

Simply Wall St -

Introducing World Houseware (Holdings) (HKG:713), The Stock That Dropped 31% In The Last Year

While not a mind-blowing move, it is good to see that the World Houseware (Holdings) Limited (HKG:713) share price has gained 14% in the last three months. … World Houseware (Holdings) isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … World Houseware (Holdings) grew its revenue by 15% over the last year.

Simply Wall St -

What does World Houseware (Holdings) Limited's (HKG:713) Balance Sheet Tell Us About Its Future?

Investors are always looking for growth in small-cap stocks like World Houseware (Holdings) Limited (HKG:713), with a market cap of HK$310m. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St -

What Kind Of Shareholders Own World Houseware (Holdings) Limited (HKG:713)?

If you want to know who really controls World Houseware (Holdings) Limited (HKG:713), then you'll have to look at the makeup of its share registry. … Large companies usually have institutions as shareholders, and we usually see insiders owning shares in smaller companies. … World Houseware (Holdings) is a smaller company with a market capitalization of HK$298m, so it may still be flying under the radar of many institutional investors.

Simply Wall St -

How Financially Strong Is World Houseware (Holdings) Limited (HKG:713)?

Investors are always looking for growth in small-cap stocks like World Houseware (Holdings) Limited (HKG:713), with a market cap of HK$260m. … the current state of its operations and pathway to profitability.

Simply Wall St -

What does World Houseware (Holdings) Limited's (HKG:713) Balance Sheet Tell Us About Its Future?

Investors are always looking for growth in small-cap stocks like World Houseware (Holdings) Limited (HKG:713), with a market cap of HK$428.02m. … However, an important fact which most ignore is: how financially healthy is the business? … the current state of its operations and pathway to profitability.

Simply Wall St -

World Houseware (Holdings) Limited (HKG:713): Time For A Financial Health Check

At this current level of debt, the current cash and short-term investment levels stands at HK$69.33M , ready to deploy into the business. … On top of this, 713 has generated HK$60.02M in operating cash flow during the same period of time, resulting in an operating cash to total debt ratio of 15.63%, signalling that 713’s debt is not appropriately covered by operating cash. … At the current liabilities level of HK$588.14M liabilities, the company has not maintained a sufficient level of current assets to meet its obligations, with the current ratio last standing at 0.96x, which is below the prudent industry ratio of 3x.

Simply Wall St -

713 Company Info

Description

World Houseware (Holdings) Limited, an investment holding company, manufactures and distributes household products, PVC pipes and fittings, and molds in the People’s Republic of China and the United States. It is also involved in the feed production from food waste recycling business; property holding and investment activities; provision of transportation services; trade of building materials and supplies, and household products; and recycling and reborn resources related businesses. World Houseware (Holdings) Limited was founded in 1968 and is headquartered in Kwai Chung, Hong Kong.

Details
Name: World Houseware (Holdings) Limited
713
Exchange: SEHK
Founded: 1968
HK$351,586,013
764,317,421
Website: http://www.worldhse.com
Address: World Houseware (Holdings) Limited
Bold Win Industrial Building,
Flat C,
Kwai Chung,
New Territories, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 713 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 17. May 1993
OTCPK WHWR.F Ordinary Shares Pink Sheets LLC US USD 17. May 1993
Number of employees
Current staff
Staff numbers
950
World Houseware (Holdings) employees.
Industry
Building Products
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 12:34
End of day share price update: 2019/06/26 00:00
Last earnings filing: 2019/04/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.