SEHK:8022

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Evershine Group Holdings

Executive Summary

Evershine Group Holdings Limited, an investment holding company, engages in trading, property development and investment, money lending, mobile application, and cemetery businesses in the People’s Republic of China, Hong Kong, and Turkey. More Details


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 8022's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.3%

8022

-4.2%

HK Trade Distributors

-1.0%

HK Market


1 Year Return

-98.0%

8022

-24.6%

HK Trade Distributors

0.4%

HK Market

Return vs Industry: 8022 underperformed the Hong Kong Trade Distributors industry which returned -24.6% over the past year.

Return vs Market: 8022 underperformed the Hong Kong Market which returned 0.4% over the past year.


Shareholder returns

8022IndustryMarket
7 Day6.3%-4.2%-1.0%
30 Day0%1.5%-3.2%
90 Day6.3%10.5%1.4%
1 Year-98.0%-98.0%-22.2%-24.6%4.5%0.4%
3 Year-96.9%-96.9%-42.0%-45.9%-3.9%-14.2%
5 Year-89.3%-89.3%-57.4%-60.8%22.7%2.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Evershine Group Holdings undervalued compared to its fair value and its price relative to the market?

1.54x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8022's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8022's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8022 is unprofitable, so we can't compare its PE Ratio to the HK Trade Distributors industry average.

PE vs Market: 8022 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8022's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8022 is overvalued based on its PB Ratio (1.5x) compared to the HK Trade Distributors industry average (0.5x).


Next Steps

Future Growth

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

18.6%

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 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Evershine Group Holdings performed over the past 5 years?

-21.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8022 is currently unprofitable.

Growing Profit Margin: 8022 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8022 is unprofitable, and losses have increased over the past 5 years at a rate of 21.7% per year.

Accelerating Growth: Unable to compare 8022's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8022 is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (-13.7%).


Return on Equity

High ROE: 8022 has a negative Return on Equity (-174.95%), as it is currently unprofitable.


Next Steps

Financial Health

How is Evershine Group Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8022's short term assets (HK$52.8M) do not cover its short term liabilities (HK$110.1M).

Long Term Liabilities: 8022's short term assets (HK$52.8M) do not cover its long term liabilities (HK$122.4M).


Debt to Equity History and Analysis

Debt Level: 8022's debt to equity ratio (311.7%) is considered high.

Reducing Debt: 8022's debt to equity ratio has increased from 1.8% to 311.7% over the past 5 years.


Balance Sheet


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.

Stable Cash Runway: 8022 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 8022 has less than a year of cash runway if free cash flow continues to grow at historical rates of 18% each year.


Next Steps

Dividend

What is Evershine Group Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8022's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8022'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 8022's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8022'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 8022'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?

4.5yrs

Average board tenure


CEO

Evershine Group Holdings has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Tat Chi Hung
Executive Director & Compliance Officer3.5yrsHK$858.00kno data
Yat Fai Keung
Executive Director0.75yrHK$37.00kno data
Wah Wong
Honorary Chairman11.5yrsno datano data
So Yuk Choy
Independent Non-Executive Director5.33yrsHK$120.00kno data
Yuk Ying Lam
Independent Non-Executive Director7yrsHK$120.00kno data
Wai Kit Chan
Non-Executive Director3.33yrsHK$120.00kno data
Man Chun Leung
Independent Non-Executive Director4.5yrsHK$120.00kno data

4.5yrs

Average Tenure

41yo

Average Age

Experienced Board: 8022's board of directors are considered experienced (4.5 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20%.


Top Shareholders

Company Information

Evershine Group Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Evershine Group Holdings Limited
  • Ticker: 8022
  • Exchange: SEHK
  • Founded: 1997
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: HK$36.792m
  • Shares outstanding: 2.16b
  • Website: https://www.evershinegroup.com.hk

Number of Employees


Location

  • Evershine Group Holdings Limited
  • Henan Building
  • 16th Floor
  • Wan Chai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8022SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDAug 2001

Biography

Evershine Group Holdings Limited, an investment holding company, engages in trading, property development and investment, money lending, mobile application, and cemetery businesses in the People’s Republic ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/22 19:12
End of Day Share Price2020/09/22 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.