Glory Flame Holdings
Market Cap
HK$103.1m
Last Updated
2020/01/17 12:54 UTC
Data Sources
Company Financials
Executive Summary
Glory Flame Holdings Limited, an investment holding company, engages in the provision of construction works and building materials supply businesses in Hong Kong, the People’s Republic of China, and the United States.
Risk Analysis
Earnings have declined by -58.21% per year over past 5 years
Currently unprofitable and not forecast to become profitable over the next 3 years
+ 1 more risk
Snowflake Analysis
Adequate balance sheet with weak fundamentals.
Share Price & News
How has Glory Flame Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8059's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
1.9%
8059
-0.9%
HK Construction
1.0%
HK Market
1 Year Return
26.4%
8059
-16.4%
HK Construction
6.5%
HK Market
Return vs Industry: 8059 exceeded the Hong Kong Construction industry which returned -16.2% over the past year.
Return vs Market: 8059 exceeded the Hong Kong Market which returned 6.4% over the past year.
Shareholder returns
| 8059 | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.9% | -0.9% | 1.0% |
| 30 Day | -28.6% | -0.5% | 3.7% |
| 90 Day | -18.5% | 1.5% | 8.0% |
| 1 Year | 26.4%26.4% | -12.3%-16.4% | 10.4%6.5% |
| 3 Year | -71.1%-71.1% | -27.7%-35.6% | 25.9%13.1% |
| 5 Year | -92.7%-92.7% | -20.1%-32.0% | 22.2%1.8% |
Price Volatility Vs. Market
How volatile is Glory Flame Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Here's Why Glory Flame Holdings (HKG:8059) Can Manage Its Debt Responsibly1 month ago | Simply Wall St
What Kind Of Shareholders Own Glory Flame Holdings Limited (HKG:8059)?2 months ago | Simply Wall St
Some Glory Flame Holdings (HKG:8059) Shareholders Have Taken A Painful 95% Share Price DropValuation
Is Glory Flame Holdings undervalued compared to its fair value and its price relative to the market?
1.24x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 8059's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 8059's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 8059 is unprofitable, so we can't compare its PE Ratio to the Construction industry average.
PE vs Market: 8059 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 8059's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8059 is overvalued based on its PB Ratio (1.1x) compared to the HK Construction industry average (1x).
Next Steps
Future Growth
How is Glory Flame Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
12.1%
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 Glory Flame 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
- Examine Glory Flame 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.
- Glory Flame Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Glory Flame Holdings performed over the past 5 years?
-58.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8059 is currently unprofitable.
Growing Profit Margin: 8059 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 8059 is unprofitable, and losses have increased over the past 5 years at a rate of -58.2% per year.
Accelerating Growth: Unable to compare 8059's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8059 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-12.3%).
Return on Equity
High ROE: 8059 has a negative Return on Equity (-96.67%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Glory Flame Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 8059's short term assets (HK$129.7M) exceed its short term liabilities (HK$64.3M).
Long Term Liabilities: 8059's short term assets (HK$129.7M) exceed its long term liabilities (HK$12.5M).
Debt to Equity History and Analysis
Debt Level: 8059's debt to equity ratio (45.7%) is considered high.
Reducing Debt: 8059's debt to equity ratio has increased from 0.8% to 45.7% over the past 5 years.
Balance Sheet
Inventory Level: 8059 has a high level of physical assets or inventory.
Debt Coverage by Assets: 8059's debt is covered by short term assets (assets are 3.2x debt).
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: 8059 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 8059 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 56% each year
Next Steps
Dividend
What is Glory Flame Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 8059's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 8059's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 8059's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8059'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 8059's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
Next Steps
Management
What is the CEO of Glory Flame Holdings's salary, the management and board of directors tenure and is there insider trading?
0.6yrs
Average management tenure
CEO
Xiaoliang Lai (44yo)
0.5yrs
Tenure
Mr. Xiaoliang Lai serves as e Chief Executive Officer at Glory Flame Holdings Limited since July 19, 2019. Mr.Lai was the head of overseas agricultural technology cooperation project of China Guangdong Int ...
Management Age and Tenure
0.6yrs
Average Tenure
44.5yo
Average Age
Experienced Management: 8059's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Board Age and Tenure
0.6yrs
Average Tenure
47yo
Average Age
Experienced Board: 8059's board of directors are not considered experienced ( 0.6 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 140,000,000 |
| Max Price | HK$0.08 |
| Entity | Individual |
| Role | Member of the Board of Directors Executive Director |
| Shares | 140,000,000 |
| Max Price | HK$0.08 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.4%.
Management Team
Wai Kee Cheung (45yo)
Secretary
- Tenure: 3.5yrs
Yingjie Liu (50yo)
Chairman & Compliance Officer
- Tenure: 0.6yrs
- Compensation: HK$34.00k
Jin Zhou (29yo)
Executive Director
- Tenure: 0.8yrs
Xiaoliang Lai (44yo)
Chief Executive Officer
- Tenure: 0.5yrs
Board Members
Peter Li (55yo)
Independent Non-Executive Director
- Tenure: 0.5yrs
Yingjie Liu (50yo)
Chairman & Compliance Officer
- Tenure: 0.6yrs
- Compensation: HK$34.00k
Hongmin Cao (47yo)
Independent Non-Executive Director
- Tenure: 1yrs
Jin Zhou (29yo)
Executive Director
- Tenure: 0.8yrs
Pan Chan Chi (35yo)
Independent Non-Executive Director
- Tenure: 0.5yrs
Company Information
Glory Flame Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Glory Flame Holdings Limited
- Ticker: 8059
- Exchange: SEHK
- Founded: 2014
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: HK$103.082m
- Shares outstanding: 1.01b
- Website: https://www.gf-holdings.com
Number of Employees
Location
- Glory Flame Holdings Limited
- The Gateway
- Suite 3513, Tower 6
- Tsim Sha Tsui
- Kowloon
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 8059 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Aug 2014 |
Biography
Glory Flame Holdings Limited, an investment holding company, engages in the provision of construction works and building materials supply businesses in Hong Kong, the People’s Republic of China, and the United States. The company operates through four segments: Construction, Agricultural Equipment, Trading Business, and Financial Services. It offers concrete demolition, construction engineering, and construction works; and concrete coring, wall sawing and diamond wire cutting, and bridge and road saw cutting, as well as environmental-friendly demolition through hydraulic crusher and burster, grouting and bar fixing, and various demolition robots. The company also develops and sells agricultural equipment; and trades in clean coal and light-emitting diode products for decoration. In addition, it offers insurance brokerage, consultancy, and commercial factoring services. Further, the company engages in the research and sale of LED cultivation cabinets and hydroponics products; and manufacture and sale of prestressed concrete piles and prefabricated precast construction components. Glory Flame Holdings Limited was incorporated in 2014 and is based in Tsim Sha Tsui, Hong Kong.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/17 12:54 |
| End of Day Share Price | 2020/01/17 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.