SEHK:784

Stock Analysis Report

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Executive Summary

Ling Yui Holdings Limited, an investment holding company, provides foundation engineering services in Hong Kong.


Snowflake Analysis

Mediocre balance sheet with questionable track record.

Share Price & News

How has Ling Yui Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 784's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

66.1%

784

2.7%

HK Construction

0.5%

HK Market


1 Year Return

-54.3%

784

-11.5%

HK Construction

6.6%

HK Market

Return vs Industry: 784 underperformed the Hong Kong Construction industry which returned -11.5% over the past year.

Return vs Market: 784 underperformed the Hong Kong Market which returned 6.6% over the past year.


Shareholder returns

784IndustryMarket
7 Day66.1%2.7%0.5%
30 Day29.7%2.9%-0.8%
90 Day-12.2%4.7%9.4%
1 Year-54.3%-54.3%-6.8%-11.5%11.0%6.6%
3 Yearn/a-34.1%-42.4%3.2%-7.8%
5 Yearn/a-28.8%-41.1%22.5%1.9%

Price Volatility Vs. Market

How volatile is Ling Yui Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ling Yui Holdings undervalued compared to its fair value and its price relative to the market?

558.33x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 784's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 784's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 784 is poor value based on its PE Ratio (558.3x) compared to the HK Construction industry average (8x).

PE vs Market: 784 is poor value based on its PE Ratio (558.3x) compared to the Hong Kong market (10.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 784's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 784 is overvalued based on its PB Ratio (1.5x) compared to the HK Construction industry average (0.8x).


Next Steps

Future Growth

How is Ling Yui Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.3%

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 Ling Yui 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 Ling Yui Holdings performed over the past 5 years?

-56.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 784 has high quality earnings.

Growing Profit Margin: 784 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 784's earnings have declined by 56% per year over the past 5 years.

Accelerating Growth: 784 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 784 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (-4.2%).


Return on Equity

High ROE: 784's Return on Equity (0.3%) is considered low.


Next Steps

Financial Health

How is Ling Yui Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 784's short term assets (HK$197.8M) exceed its short term liabilities (HK$151.6M).

Long Term Liabilities: 784's short term assets (HK$197.8M) exceed its long term liabilities (HK$4.2M).


Debt to Equity History and Analysis

Debt Level: 784's debt to equity ratio (39.1%) is considered satisfactory.

Reducing Debt: 784's debt to equity ratio has increased from 15.9% to 39.1% over the past 5 years.

Debt Coverage: 784's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 784's interest payments on its debt are not well covered by EBIT (1x coverage).


Balance Sheet


Next Steps

Dividend

What is Ling Yui Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 784's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 784'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 784's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 784'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 784'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?

2.7yrs

Average board tenure


CEO

Siu Hung Chan (46 yo)

no data

Tenure

HK$1,135,000

Compensation

Mr. Siu Hung Chan serves as Chief Executive Director at Ling Yui Holdings Limited and has been its Executive Director since May 25, 2017. Mr. Chan joined Freyssinet Hong Kong Limited in 1994 as a technicia ...


CEO Compensation Analysis

Compensation vs Market: Siu Hung's total compensation ($USD146.45K) is below average for companies of similar size in the Hong Kong market ($USD230.03K).

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


Board Members

NamePositionTenureCompensationOwnership
Kim Ming Lee
Executive Chairmanno dataHK$1.32m66.61%
HK$ 107.1m
Siu Hung Chan
CEO & Executive Directorno dataHK$1.14m7.14%
HK$ 11.5m
Chun Chung Ho
Independent Non-Executive Director2.67yrsHK$180.00kno data
Kam Fung Chong
Independent Non-Executive Director2.67yrsHK$191.00kno data
Wai Lim Shi
Independent Non-Executive Director2.67yrsHK$191.00kno data

2.7yrs

Average Tenure

46yo

Average Age

Experienced Board: 784's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


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

Ling Yui Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ling Yui Holdings Limited
  • Ticker: 784
  • Exchange: SEHK
  • Founded: 2017
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$160.800m
  • Shares outstanding: 800.00m
  • Website: https://www.lingyui.com.hk

Number of Employees


Location

  • Ling Yui Holdings Limited
  • Stelux House
  • 17th Floor
  • San Po Kong
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
784SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2017

Biography

Ling Yui Holdings Limited, an investment holding company, provides foundation engineering services in Hong Kong. It offers foundation works, including excavation and lateral support works, pile cap and pil ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 08:02
End of Day Share Price2020/08/13 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.