SEHK:8316

Stock Analysis Report

Pak Wing Group (Holdings)

Executive Summary

Pak Wing Group (Holdings) Limited, an investment holding company, operates as a foundation subcontractor for private and public sectors in Hong Kong.

Snowflake

Fundamentals

Weak fundamentals or lack of information.

Share Price & News

How has Pak Wing Group (Holdings)'s share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.7%

8316

0.6%

HK Construction

0.3%

HK Market


1 Year Return

-80.2%

8316

-14.9%

HK Construction

1.3%

HK Market

Return vs Industry: 8316 underperformed the Hong Kong Construction industry which returned -14.9% over the past year.

Return vs Market: 8316 underperformed the Hong Kong Market which returned 1.3% over the past year.


Shareholder returns

8316IndustryMarket
7 Day1.7%0.6%0.3%
30 Day-87.5%-4.7%0.5%
90 Day-46.6%-10.5%-4.6%
1 Year-80.2%-80.2%-11.1%-14.9%4.9%1.3%
3 Year-90.8%-90.8%-25.3%-33.6%15.3%3.7%
5 Yearn/a0.004%-15.1%20.0%-0.006%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Pak Wing Group (Holdings) undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Pak Wing Group (Holdings) is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Pak Wing Group (Holdings) has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of 8316’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Pak Wing Group (Holdings) regulatory filings.
  • Explore potentially undervalued companies in the Capital Goods industry.

Future Growth

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

12.5%

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 Pak Wing 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 Pak Wing Group (Holdings) performed over the past 5 years?

-25.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 8316 is unprofitable, and losses have increased over the past 5 years at a rate of -25.2% per year.

Accelerating Growth: Unable to compare 8316's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8316 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-12.4%).


Return on Equity

High ROE: 8316's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets

ROA vs Industry: 8316 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 8316 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Pak Wing Group (Holdings)'s financial position?


Financial Position Analysis

Short Term Liabilities: 8316 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 8316 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 8316 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 8316's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: 8316 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 8316 has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


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: 8316 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 8316 has less than a year of cash runway if free cash flow continues to reduce at historical rates of -22.2% each year


Next Steps

Dividend

What is Pak Wing Group (Holdings)'s current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%6.2%industryaverage4.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 8316's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 8316'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 8316's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8316'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 8316'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 Pak Wing Group (Holdings)'s salary, the management and board of directors tenure and is there insider trading?

3.5yrs

Average management tenure


CEO

Duan Ximing (36yo)

2.2yrs

Tenure

HK$377,000

Compensation

Mr. Duan Ximing has been Chief Executive Officer of Pak Wing Group (Holdings) Limited since August 31, 2017. He has been the General Manager of Beijing Jinyu Minsheng Insurance Agency Company Limited and L ...


CEO Compensation Analysis

Compensation vs. Market: Duan's total compensation ($USD48.07K) is too low to compare against companies of similar size in the Hong Kong market ($USD215.97K).

Compensation vs Earnings: Duan's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.5yrs

Average Tenure

39yo

Average Age

Experienced Management: 8316's management team is considered experienced (3.5 years average tenure).


Board Age and Tenure

2.2yrs

Average Tenure

38.5yo

Average Age

Experienced Board: 8316's board of directors are not considered experienced ( 2.2 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.


Ownership Breakdown


Management Team

  • Hon Keung Wan (57yo)

    Chief Financial Officer

    • Tenure: 4.6yrs
  • Chin To Wong (40yo)

    Compliance Officer & Executive Director

    • Tenure: 5.3yrs
    • Compensation: HK$2.04m
  • On Li (39yo)

    Company Secretary & Financial Controller

    • Tenure: 3.5yrs
  • Weijie Zhang (29yo)

    Chairman of the Board

    • Tenure: 2.4yrs
    • Compensation: HK$645.00k
  • Duan Ximing (36yo)

    CEO & Executive Director

    • Tenure: 2.2yrs
    • Compensation: HK$377.00k

Board Members

  • Chin To Wong (40yo)

    Compliance Officer & Executive Director

    • Tenure: 5.3yrs
    • Compensation: HK$2.04m
  • Weijie Zhang (29yo)

    Chairman of the Board

    • Tenure: 2.4yrs
    • Compensation: HK$645.00k
  • Huanli Li (37yo)

    Independent Non-Executive Director

    • Tenure: 2.2yrs
    • Compensation: HK$126.00k
  • Duan Ximing (36yo)

    CEO & Executive Director

    • Tenure: 2.2yrs
    • Compensation: HK$377.00k
  • Zida Yang (40yo)

    Independent Non-Executive Director

    • Tenure: 2.2yrs
    • Compensation: HK$126.00k
  • Man Yeung Lee (41yo)

    Independent Non-Executive Director

    • Tenure: 1.1yrs
    • Compensation: HK$69.00k

Company Information

Pak Wing Group (Holdings) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Pak Wing Group (Holdings) Limited
  • Ticker: 8316
  • Exchange: SEHK
  • Founded: 2011
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$95.200m
  • Shares outstanding: 800.00m
  • Website: https://www.pakwingc.com

Number of Employees


Location

  • Pak Wing Group (Holdings) Limited
  • Shum Tower
  • 5th Floor
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8316SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDAug 2015

Biography

Pak Wing Group (Holdings) Limited, an investment holding company, operates as a foundation subcontractor for private and public sectors in Hong Kong. The company undertakes LS works; pipe piling and soldie ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 12:58
End of Day Share Price2019/10/22 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.