SEHK:8269

Stock Analysis Report

Executive Summary

Wealth Glory Holdings Limited, an investment holding company, engages in the trade of natural resources and commodities in the People’s Republic of China, Indonesia, the United States, and internationally.

Snowflake

Fundamentals

Flawless balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-9.4%

8269

0.3%

HK Trade Distributors

2.2%

HK Market


1 Year Return

-14.3%

8269

3.7%

HK Trade Distributors

-1.3%

HK Market

Return vs Industry: 8269 underperformed the Hong Kong Trade Distributors industry which returned 3.7% over the past year.

Return vs Market: 8269 underperformed the Hong Kong Market which returned -1.3% over the past year.


Share holder returns

8269IndustryMarket
7 Day-9.4%0.3%2.2%
30 Day-27.3%-16.0%-2.9%
90 Day4.3%1.0%-5.8%
1 Year-14.3%-14.3%6.9%3.7%2.3%-1.3%
3 Year-85.7%-85.7%-14.1%-21.9%15.6%3.9%
5 Year-97.7%-97.7%-45.5%-56.4%20.1%0.06%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Wealth Glory Holdings undervalued based on future cash flows and its price relative to the stock market?

0.34x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Undervalued: Insufficient data to calculate 8269's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate 8269's fair value to establish if it is undervalued.


Price Based on Earnings

PE vs Industry: 8269 is unprofitable, so we can't compare its PE Ratio to the Trade Distributors industry average.

PE vs Market: 8269 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price Based on Expected Growth

Low PEG Ratio: Insufficient data to calculate 8269's PEG Ratio to determine if it is good value.


Price Based on Value of Assets

PB vs Industry: 8269 is good value based on its PB Ratio (0.3x) compared to the HK Trade Distributors industry average (0.6x).


Next Steps

Future Growth

How is Wealth Glory Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.3%

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 Wealth Glory 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 Wealth Glory Holdings performed over the past 5 years?

39.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 8269 is unprofitable, but has reduced losses over the past 5 years at a rate of 39% per year.

Accelerating Growth: Unable to compare 8269's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8269 is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (1%).


Return on Equity

High ROE: 8269 has a negative Return on Equity (-14.09%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 8269 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 8269 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Wealth Glory Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8269's short term assets (HK$90.2M) exceeds its short term liabilities (HK$17.7M)

Long Term Liabilities: 8269's short term assets (90.2M) exceeds its long term liabilities (8.8M)


Debt to Equity History and Analysis

Debt Level: 8269's debt to equity ratio (15.6%) is considered satisfactory

Reducing Debt: 8269's debt to equity ratio has reduced from 172.8% to 15.6% over the past 5 years.


Balance Sheet

Inventory Level: 8269 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 8269's debt is covered by short term assets (assets are 5.034870x 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: 8269 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 8269 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 115.2% each year


Next Steps

Dividend

What is Wealth Glory Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.3%markettop25%6.3%industryaverage4.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Dividend Yield and Payments Analysis

Notable Dividend: Unable to evaluate 8269's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 8269's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 8269's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8269's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 8269 is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8269'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 Wealth Glory Holdings's salary, the management and board of directors tenure and is there insider trading?

3.1yrs

Average board tenure


CEO

Wealth Glory Holdings has no CEO, or we have no data on them.


Board Age and Tenure

3.1yrs

Average Tenure

40.5yo

Average Age

Experienced Board: 8269's board of directors are considered experienced (3.1 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Kai Yung

    Company Secretary

    • Tenure: 2.8yrs
  • Lin Su (35yo)

    Executive Director

    • Tenure: 3.1yrs
    • Compensation: HK$587.00k
  • Sing Yu Tse (39yo)

    Compliance Officer & Executive Director

    • Tenure: 3.1yrs
    • Compensation: HK$725.00k

Board Members

  • Bobby Tam (42yo)

    Independent Non-Executive Director

    • Tenure: 6.1yrs
  • Nelson Law (56yo)

    Non-Executive Director

    • Tenure: 6.1yrs
    • Compensation: HK$300.00k
  • Lin Su (35yo)

    Executive Director

    • Tenure: 3.1yrs
    • Compensation: HK$587.00k
  • Sing Yu Tse (39yo)

    Compliance Officer & Executive Director

    • Tenure: 3.1yrs
    • Compensation: HK$725.00k
  • Yongsheng Liu (64yo)

    Independent Non-Executive Director

    • Tenure: 3yrs
    • Compensation: HK$120.00k
  • Ka Chan (37yo)

    Independent Non-Executive Director

    • Tenure: 3yrs
    • Compensation: HK$120.00k

Company Information

Wealth Glory Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wealth Glory Holdings Limited
  • Ticker: 8269
  • Exchange: SEHK
  • Founded: 2010
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: HK$39.443m
  • Shares outstanding: 205.43m
  • Website: https://www.wealthglory.com

Number of Employees


Location

  • Wealth Glory Holdings Limited
  • The Pemberton
  • 12th Floor
  • Hong Kong
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8269SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2010
8586SEHK (The Stock Exchange of Hong Kong Ltd.)HKD0.24(PARALLEL 12/11/19)HKHKDOct 2019

Biography

Wealth Glory Holdings Limited, an investment holding company, engages in the trade of natural resources and commodities in the People’s Republic of China, Indonesia, the United States, and internationally. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/13 13:04
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.

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