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Evershine Group Holdings

SEHK:8022
Snowflake Description

Imperfect balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8022
SEHK
HK$2B
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

Evershine Group Holdings Limited, an investment holding company, engages in trading, property development and investment, money lending, cemetery, and mobile application businesses primarily in the People’s Republic of China. The last earnings update was 25 days ago. More info.


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8022 Share Price and Events
7 Day Returns
-4.3%
SEHK:8022
-0.5%
HK Trade Distributors
0.5%
HK Market
1 Year Returns
8.7%
SEHK:8022
3.5%
HK Trade Distributors
-6.1%
HK Market
8022 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Evershine Group Holdings (8022) -4.3% -5.9% -17% 8.7% 255.6% 330.8%
HK Trade Distributors -0.5% 4.8% 10.1% 3.5% -40.8% -48.8%
HK Market 0.5% 1.1% 11.2% -6.1% 25.9% 19.4%
1 Year Return vs Industry and Market
  • 8022 outperformed the Trade Distributors industry which returned 3.5% over the past year.
  • 8022 outperformed the Market in Hong Kong which returned -6.1% over the past year.
Price Volatility
8022
Industry
5yr Volatility vs Market

8022 Value

 Is Evershine Group 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
Here we compare the current share price of Evershine Group Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Evershine Group Holdings.

SEHK:8022 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.6%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:8022
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6.7%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.94
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.945 (1 + (1- 25%) (7.58%))
0.999
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (0.999 * 6.65%)
8.65%

Discounted Cash Flow Calculation for SEHK:8022 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Evershine Group Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:8022 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 8.65%)
2019 1.27 Est @ -82.57% 1.17
2020 0.54 Est @ -57.2% 0.46
2021 0.33 Est @ -39.44% 0.26
2022 0.24 Est @ -27.01% 0.17
2023 0.20 Est @ -18.3% 0.13
2024 0.17 Est @ -12.21% 0.10
2025 0.16 Est @ -7.95% 0.09
2026 0.15 Est @ -4.96% 0.08
2027 0.15 Est @ -2.87% 0.07
2028 0.14 Est @ -1.41% 0.06
Present value of next 10 years cash flows HK$2.59
SEHK:8022 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= HK$0.14 × (1 + 2%) ÷ (8.65% – 2%)
HK$2.21
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$2.21 ÷ (1 + 8.65%)10
HK$0.97
SEHK:8022 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$2.59 + HK$0.97
HK$3.56
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$3.56 / 1,803.54
HK$0
SEHK:8022 Discount to Share Price
Calculation Result
Value per share (HKD) From above. HK$0.00
Current discount Discount to share price of HK$1.12
= -1 x (HK$1.12 - HK$0.00) / HK$0.00
-56710.7%

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

  • The current share price of Evershine Group Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Evershine Group Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Evershine Group Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8022 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$-0.06
SEHK:8022 Share Price ** SEHK (2019-04-18) in HKD HK$1.12
Hong Kong Trade Distributors Industry PE Ratio Median Figure of 32 Publicly-Listed Trade Distributors Companies 14.33x
Hong Kong Market PE Ratio Median Figure of 1,474 Publicly-Listed Companies 12x

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

** Primary Listing of Evershine Group Holdings.

SEHK:8022 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8022 Share Price ÷ EPS (both in HKD)

= 1.12 ÷ -0.06

-18.62x

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

  • Evershine Group Holdings is loss making, we can't compare its value to the HK Trade Distributors industry average.
  • Evershine Group Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Evershine Group Holdings's expected growth come at a high price?
Raw Data
SEHK:8022 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -18.62x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Trade Distributors Industry PEG Ratio Median Figure of 77 Publicly-Listed Trade Distributors Companies 1.24x
Hong Kong Market PEG Ratio Median Figure of 462 Publicly-Listed Companies 0.86x

*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 Evershine Group Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Evershine Group Holdings's assets?
Raw Data
SEHK:8022 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$0.08
SEHK:8022 Share Price * SEHK (2019-04-18) in HKD HK$1.12
Hong Kong Trade Distributors Industry PB Ratio Median Figure of 59 Publicly-Listed Trade Distributors Companies 1.16x
Hong Kong Market PB Ratio Median Figure of 2,149 Publicly-Listed Companies 1.03x
SEHK:8022 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8022 Share Price ÷ Book Value per Share (both in HKD)

= 1.12 ÷ 0.08

14.5x

* Primary Listing of Evershine Group Holdings.

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

  • Evershine Group Holdings is overvalued based on assets compared to the HK Trade Distributors industry average.
X
Value checks
We assess Evershine Group 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 Trade Distributors 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 Trade Distributors industry average (and greater than 0)? (1 check)
  5. Evershine Group Holdings has a total score of 0/6, 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.

8022 Future Performance

 How is Evershine Group 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 Evershine Group 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
10.8%
Expected Trade Distributors industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Evershine Group Holdings expected to grow at an attractive rate?
  • Unable to compare Evershine Group Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Evershine Group Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare Evershine Group Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8022 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 10.8%
Asia Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 13.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 11.2%

*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:8022 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:8022 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:8022 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 4 8 -105
2018-09-30 1 -118
2018-06-30 2 25 -52
2018-03-31 22 -65
2017-12-31 28 32 -68
2017-09-30 111 -90
2017-06-30 111 -53 -87
2017-03-31 102 -77
2016-12-31 116 -87 -67
2016-09-30 87 -45
2016-06-30 92 -106 -36
2016-03-31 85 -30

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Evershine Group Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Evershine Group 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:8022 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Evershine Group Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8022 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:8022 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 -0.06
2018-09-30 -0.07
2018-06-30 -0.03
2018-03-31 -0.04
2017-12-31 -0.04
2017-09-30 -0.06
2017-06-30 -0.06
2017-03-31 -0.05
2016-12-31 -0.05
2016-09-30 -0.04
2016-06-30 -0.03
2016-03-31 -0.03

*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 Evershine Group Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Evershine Group 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
  2. Evershine Group Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Evershine Group 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.
Evershine Group 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.

8022 Past Performance

  How has Evershine Group 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 Evershine Group Holdings's growth in the last year to its industry (Trade Distributors).
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.
  • Evershine Group Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Evershine Group Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Evershine Group Holdings's 1-year growth to the HK Trade Distributors industry average as it is not currently profitable.
Earnings and Revenue History
Evershine Group 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 Evershine Group Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8022 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 4.43 -105.09 32.02
2018-09-30 1.27 -118.05 32.51
2018-06-30 1.67 -52.10 33.70
2018-03-31 21.96 -64.99 37.94
2017-12-31 27.95 -67.53 39.58
2017-09-30 110.77 -89.52 39.10
2017-06-30 110.56 -87.45 41.10
2017-03-31 102.48 -77.05 40.57
2016-12-31 116.10 -66.84 39.24
2016-09-30 87.24 -45.39 48.92
2016-06-30 91.60 -35.61 42.42
2016-03-31 84.63 -29.55 36.56
2015-12-31 72.90 -28.95 31.65
2015-09-30 41.52 -16.43 21.32
2015-06-30 46.43 -17.46 19.81
2015-03-31 49.12 -19.22 19.63
2014-12-31 45.79 -18.01 20.22
2014-09-30 38.43 -45.13 16.98
2014-06-30 31.81 -48.82 21.53
2014-03-31 30.60 -57.73 29.76
2013-12-31 32.70 -47.69 31.87
2013-09-30 21.93 6.41 15.71
2013-06-30 24.94 -5.65 24.12
2013-03-31 23.14 -9.53 20.61
2012-12-31 23.19 -27.99 20.44
2012-09-30 24.85 -76.62 24.50
2012-06-30 24.18 -67.16 17.98

*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.
  • It is difficult to establish if Evershine Group Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Evershine Group Holdings has efficiently used its assets last year compared to the HK Trade Distributors industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Evershine Group 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 Evershine Group 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 Trade Distributors 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.
Evershine Group Holdings has a total score of 0/6, 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.

8022 Health

 How is Evershine Group 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 Evershine Group Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Evershine Group Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Evershine Group Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Evershine Group 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.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.2x 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 Evershine Group Holdings Company Filings, last reported 3 months ago.

SEHK:8022 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 183.04 153.12 3.57
2018-09-30 235.21 155.39 4.70
2018-06-30 235.21 155.39 4.70
2018-03-31 187.34 220.39 13.95
2017-12-31 187.34 220.39 13.95
2017-09-30
2017-06-30 206.37 239.42 8.65
2017-03-31 194.48 187.01 12.41
2016-12-31 194.48 187.01 12.41
2016-09-30
2016-06-30 241.59 139.24 11.80
2016-03-31 216.77 67.69 40.19
2015-12-31 216.77 67.69 40.19
2015-09-30
2015-06-30 143.16 2.00 26.95
2015-03-31 36.74 45.00 7.16
2014-12-31 36.74 45.00 7.16
2014-09-30
2014-06-30 49.53 20.06 5.05
2014-03-31 59.93 0.10 4.97
2013-12-31 59.93 0.10 4.97
2013-09-30
2013-06-30 31.35 58.33 4.08
2013-03-31 -29.07 150.56 5.47
2012-12-31 -29.07 150.56 5.47
2012-09-30
2012-06-30 -25.08 177.30 6.33
  • Evershine Group Holdings's level of debt (83.7%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0.2% vs 83.7% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Whilst loss making Evershine Group Holdings has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making Evershine Group Holdings has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -80.2% per year.
X
Financial health checks
We assess Evershine Group 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. Evershine Group Holdings has a total score of 2/6, 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.

8022 Dividends

 What is Evershine Group 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 Evershine Group Holdings dividends.
If you bought HK$2,000 of Evershine Group 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 Evershine Group Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Evershine Group 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:8022 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
Hong Kong Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 13 Stocks 4.3%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 965 Stocks 3.4%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.1%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 1.9%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

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

SEHK:8022 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as Evershine Group Holdings has not reported any payouts.
  • Unable to verify if Evershine Group Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Evershine Group Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Evershine Group 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 Evershine Group Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Evershine Group Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Evershine Group 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.

8022 Management

 What is the CEO of Evershine Group 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.
  • Evershine Group Holdings has no CEO, or we have no data on them.
Management Team

Alan Hung

TITLE
Executive Director & Compliance Officer
COMPENSATION
HK$659K
AGE
39
TENURE
1.3 yrs

Jason Ling

TITLE
Executive Director
COMPENSATION
HK$126K
AGE
37

Irene Lo

TITLE
Financial Controller

Wu Hong

TITLE
CEO of TLT Services (Shanghai) Ltd and President of TLT Services (Shanghai) Ltd
AGE
59

Lora Shuk Man

TITLE
Company Secretary
AGE
48
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the Evershine Group Holdings board of directors in years:

3.1
Average Tenure
39
Average Age
  • The tenure for the Evershine Group Holdings board of directors is about average.
Board of Directors

Wah Sang Wong

TITLE
Honorary Chairman
AGE
94
TENURE
10.1 yrs

Alan Hung

TITLE
Executive Director & Compliance Officer
COMPENSATION
HK$659K
AGE
39
TENURE
2.1 yrs

Jason Ling

TITLE
Executive Director
COMPENSATION
HK$126K
AGE
37
TENURE
2.3 yrs

Elsa Lam

TITLE
Independent Non-Executive Director
COMPENSATION
HK$120K
AGE
58
TENURE
5.6 yrs

So Yuk Choy

TITLE
Independent Non-Executive Director
COMPENSATION
HK$120K
AGE
68
TENURE
3.9 yrs

Man Chun Leung

TITLE
Independent Non-Executive Director
COMPENSATION
HK$120K
AGE
30
TENURE
3.1 yrs

Wai Kit Chan

TITLE
Non-Executive Director
COMPENSATION
HK$71K
AGE
35
TENURE
1.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
12. Jan 19 Sell Ngai Hung Chiu Individual 10. Jan 19 10. Jan 19 -4,479,000 HK$1.34 HK$-6,001,868
22. Dec 18 Buy Ngai Hung Chiu Individual 12. Dec 18 12. Dec 18 525,000 HK$1.20 HK$631,365
14. Sep 18 Buy Wang-Chi Lau Individual 13. Sep 18 13. Sep 18 3,000,000 HK$1.27 HK$3,810,003
08. Sep 18 Buy Ngai Hung Chiu Individual 05. Sep 18 05. Sep 18 801,000 HK$1.06 HK$846,740
28. Aug 18 Sell Ngai Hung Chiu Individual 24. Aug 18 24. Aug 18 -5,781,000 HK$1.12 HK$-6,474,733
27. Aug 18 Buy Wang-Chi Lau Individual 24. Aug 18 24. Aug 18 9,999,000 HK$1.11 HK$11,098,906
22. Aug 18 Buy Wang-Chi Lau Individual 21. Aug 18 21. Aug 18 61,200,000 HK$1.06 HK$64,872,131
26. Jul 18 Sell Wai-Tung Leung Individual 19. Jul 18 19. Jul 18 -56,818,000 HK$0.96 HK$-54,715,927
26. Jul 18 Sell Wai-Tung Leung Individual 29. Jun 18 29. Jun 18 -1,650,000 HK$1.04 HK$-1,724,246
24. Jul 18 Buy Ngai Hung Chiu Individual 20. Jul 18 20. Jul 18 51,504,000 HK$1.05 HK$54,079,212
04. May 18 Buy Ngai Hung Chiu Individual 30. Apr 18 30. Apr 18 27,984,000 HK$1.02 HK$28,543,732
04. May 18 Buy Ngai Hung Chiu Individual 02. May 18 02. May 18 80,001,000 HK$1.00 HK$80,000,967
04. May 18 Buy Ngai Hung Chiu Individual 02. May 18 02. May 18 1,593,000 HK$1.01 HK$1,615,145
X
Management checks
We assess Evershine Group 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. Evershine Group 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.

8022 News

Simply Wall St News

Could Evershine Group Holdings Limited's (HKG:8022) Investor Composition Influence The Stock Price?

A look at the shareholders of Evershine Group Holdings Limited (HKG:8022) can tell us which group is most powerful. … Evershine Group Holdings is not a large company by global standards. … View our latest analysis for Evershine Group Holdings

Simply Wall St -

Does Market Volatility Impact Evershine Group Holdings Limited's (HKG:8022) Share Price?

If you're interested in Evershine Group Holdings Limited (HKG:8022), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

Simply Wall St -

How Does Investing In Evershine Group Holdings Limited (HKG:8022) Impact Your Portfolio?

The first type is company-specific risk, which can be diversified away by investing in other companies to reduce exposure to one particular stock. … The other type of risk, which cannot be diversified away, is market risk. … Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few.

Simply Wall St -

What You Must Know About Evershine Group Holdings Limited's (HKG:8022) Major Investors

I am going to take a deep dive into Evershine Group Holdings Limited’s (SEHK:8022) most recent ownership structure, not a frequent subject of discussion among individual investors. … Ownership structure of a company has been found to affect share performance over time. … View our latest analysis for Evershine Group Holdings SEHK:8022 Ownership_summary May 23rd 18 Insider Ownership Another important group of shareholders are company insiders.

Simply Wall St -

Does Evershine Group Holdings Limited (HKG:8022) Fall With The Market?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … How 8022's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive. … Thus, we can expect 8022 to be more stable in the face of market movements, relative to its peers of similar size but with a higher portion of fixed assets on their books.

Simply Wall St -

Should You Be Concerned About Evershine Group Holdings Limited's (HKG:8022) Earnings Growth?

Check out our latest analysis for Evershine Group Holdings How Did 8022's Recent Performance Stack Up Against Its Past? … For Evershine Group Holdings, its most recent trailing-twelve-month earnings is -HK$67.53M, which, relative to last year’s figure, has become less negative. … Since these values are relatively short-term, I have determined an annualized five-year figure for Evershine Group Holdings's earnings, which stands at -HK$41.65M.

Simply Wall St -

Is Evershine Group Holdings Limited's (HKG:8022) Balance Sheet Strong Enough To Weather A Storm?

Given that 8022 is not presently profitable, it’s crucial to assess the current state of its operations and pathway to profitability. … How does 8022’s operating cash flow stack up against its debt? … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: At its current level of cash flow coverage, 8022 has room for improvement to better cushion for events which may require debt repayment.

Simply Wall St -

Why Evershine Group Holdings Limited's (HKG:8022) Investor Composition Impacts Your Returns

I am going to take a deep dive into Evershine Group Holdings Limited’s (SEHK:8022) most recent ownership structure, not a frequent subject of discussion among individual investors. … Check out our latest analysis for Evershine Group Holdings SEHK:8022 Ownership_summary Feb 10th 18 Insider Ownership I find insiders are another important group of stakeholders, who are directly involved in making key decisions related to the use of capital. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses.

Simply Wall St -

What You Must Know About Evershine Group Holdings Limited's (HKG:8022) Risks

Every stock in the market is exposed to this risk, which arises from macroeconomic factors such as economic growth and geo-political tussles just to name a few. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … I examine 8022’s ratio of fixed assets to total assets to see whether the company is highly exposed to the risk of this type of constraint.

Simply Wall St -

Before You Invest In Evershine Group Holdings Limited (HKG:8022), Consider This Factor

Additional cash raising may dilute the value of your shares, and since Evershine Group Holdings is currently burning more cash than it is making, it’s likely the business will need funding for future growth. … Looking at Evershine Group Holdings’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … SEHK:8022 Income Statement Jan 21st 18 When will Evershine Group Holdings need to raise more cash?

Simply Wall St -

8022 Company Info

Description

Evershine Group Holdings Limited, an investment holding company, engages in trading, property development and investment, money lending, cemetery, and mobile application businesses primarily in the People’s Republic of China. The company is involved in the trading of goods, including steaming coal and chrome ores; and building construction, property development, and trading of construction materials as well as the provision of consultancy and money lending services. It also constructs and operates cemeteries; and provides fashion garments, and digital solution consultancy and development services, as well as rental services. The company was formerly known as TLT Lottotainment Group Limited and changed its name to Evershine Group Holdings Limited in November 2014. Evershine Group Holdings Limited was founded in 1997 and is based in Wan Chai, Hong Kong.

Details
Name: Evershine Group Holdings Limited
8022
Exchange: SEHK
Founded: 1997
HK$2,019,966,318
1,803,541,356
Website: http://www.evershinegroup.com.hk
Address: Evershine Group Holdings Limited
Henan Building,
16th Floor,
Wan Chai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8022 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 13. Aug 2001
Number of employees
Current staff
Staff numbers
46
Evershine Group Holdings employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 12:54
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2018/03/25
Last earnings filing: 2019/03/25
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.