Loco Hong Kong Holdings
Market Cap
HK$193.0m
Last Updated
2020/08/03 12:47 UTC
Data Sources
Company Financials
Executive Summary
Loco Hong Kong Holdings Limited, an investment holding company, engages in the trade of metal and commodity forward contracts in Hong Kong and the People’s Republic of China.
Risk Analysis
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Loco Hong Kong Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8162's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-1.5%
8162
-0.6%
HK Trade Distributors
0.7%
HK Market
1 Year Return
-46.8%
8162
-26.3%
HK Trade Distributors
0.4%
HK Market
Return vs Industry: 8162 underperformed the Hong Kong Trade Distributors industry which returned -26.3% over the past year.
Return vs Market: 8162 underperformed the Hong Kong Market which returned 0.4% over the past year.
Shareholder returns
| 8162 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.5% | -0.6% | 0.7% |
| 30 Day | -10.7% | -0.3% | -1.0% |
| 90 Day | -25.6% | -1.1% | 9.6% |
| 1 Year | -46.8%-46.8% | -23.9%-26.3% | 4.5%0.4% |
| 3 Year | -36.8%-36.8% | -46.0%-49.8% | 0.2%-10.6% |
| 5 Year | -50.0%-50.0% | -62.4%-67.3% | 9.9%-8.5% |
Price Volatility Vs. Market
How volatile is Loco Hong Kong Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Those Who Purchased Loco Hong Kong Holdings (HKG:8162) Shares Five Years Ago Have A 65% Loss To Show For It3 months ago | Simply Wall St
What Kind Of Shareholders Own Loco Hong Kong Holdings Limited (HKG:8162)?4 months ago | Simply Wall St
How Much Are Loco Hong Kong Holdings Limited (HKG:8162) Insiders Spending On Buying Shares?Valuation
Is Loco Hong Kong Holdings undervalued compared to its fair value and its price relative to the market?
2.6x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 8162's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 8162's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 8162 is unprofitable, so we can't compare its PE Ratio to the HK Trade Distributors industry average.
PE vs Market: 8162 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 8162's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8162 is overvalued based on its PB Ratio (2.6x) compared to the HK Trade Distributors industry average (0.5x).
Next Steps
Future Growth
How is Loco Hong Kong Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
11.8%
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 Loco Hong Kong 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 Loco Hong Kong 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.
- Loco Hong Kong 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 Loco Hong Kong Holdings performed over the past 5 years?
-61.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8162 is currently unprofitable.
Growing Profit Margin: 8162 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 8162 is unprofitable, and losses have increased over the past 5 years at a rate of 61.3% per year.
Accelerating Growth: Unable to compare 8162's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8162 is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (0.9%).
Return on Equity
High ROE: 8162 has a negative Return on Equity (-27.1%), as it is currently unprofitable.
Next Steps
Financial Health
How is Loco Hong Kong Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 8162's short term assets (HK$61.9M) exceed its short term liabilities (HK$9.3M).
Long Term Liabilities: 8162's short term assets (HK$61.9M) exceed its long term liabilities (HK$871.0K).
Debt to Equity History and Analysis
Debt Level: 8162 is debt free.
Reducing Debt: 8162 has no debt compared to 5 years ago when its debt to equity ratio was 5.1%.
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: 8162 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8162 has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 27.2% each year.
Next Steps
Dividend
What is Loco Hong Kong Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 8162's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 8162'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 8162's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8162'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 8162'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?
1.4yrs
Average management tenure
CEO
Wendong Wang (52 yo)
1.83yrs
Tenure
HK$2,722,000
Compensation
Mr. Wendong Wang has been Chief Executive Officer of Loco Hong Kong Holdings Limited since October 31, 2018 and its Executive Chairman since January 11, 2019. Mr. Wang is an Executive Director of Loco Hong ...
CEO Compensation Analysis
Compensation vs Market: Wendong's total compensation ($USD351.22K) is above average for companies of similar size in the Hong Kong market ($USD232.25K).
Compensation vs Earnings: Wendong's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 1.83yrs | HK$2.72m | no data | |
| Compliance Officer & Executive Director | 1.17yrs | HK$1.35m | no data | |
| Financial Controller and Chief Accountant | no data | no data | no data | |
| Chief Operation Officer | 4.83yrs | no data | no data | |
| Deputy Chief Executive Officer | no data | no data | no data | |
| Company Secretary | 0.25yr | no data | no data |
1.4yrs
Average Tenure
52.5yo
Average Age
Experienced Management: 8162's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & CEO | 1.83yrs | HK$2.72m | no data | |
| Compliance Officer & Executive Director | 1.17yrs | HK$1.35m | no data | |
| Independent Non-Executive Director | 1.5yrs | HK$229.00k | no data | |
| Independent Non-Executive Director | 1.92yrs | HK$261.00k | no data | |
| Independent Non-Executive Director | 1.92yrs | HK$261.00k | no data |
1.6yrs
Average Tenure
46yo
Average Age
Experienced Board: 8162's board of directors are not considered experienced ( 1.6 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
Loco Hong Kong Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Loco Hong Kong Holdings Limited
- Ticker: 8162
- Exchange: SEHK
- Founded: 2009
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: HK$193.017m
- Shares outstanding: 576.17m
- Website: https://www.locohkholdings.com
Number of Employees
Location
- Loco Hong Kong Holdings Limited
- Fairmont House
- Unit 401
- Admiralty
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 8162 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Aug 2014 |
Biography
Loco Hong Kong Holdings Limited, an investment holding company, engages in the trade of metal and commodity forward contracts in Hong Kong and the People’s Republic of China. The company primarily trades i ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/03 12:47 |
| End of Day Share Price | 2020/07/31 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2019/12/31 |
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.