SEHK:8321

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Tai Kam Holdings Limited, an investment holding company, engages in undertaking slope works as contractor and renovation works in Hong Kong.


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 8321 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-11.3%

8321

4.9%

HK Construction

4.1%

HK Market


1 Year Return

-26.6%

8321

-25.0%

HK Construction

-4.7%

HK Market

Return vs Industry: 8321 underperformed the Hong Kong Construction industry which returned -25% over the past year.

Return vs Market: 8321 underperformed the Hong Kong Market which returned -4.7% over the past year.


Shareholder returns

8321IndustryMarket
7 Day-11.3%4.9%4.1%
30 Day-2.1%-0.4%4.2%
90 Day-7.8%-3.9%11.7%
1 Year-26.6%-26.6%-21.5%-25.0%-1.2%-4.7%
3 Year-98.8%-98.8%-35.0%-42.8%7.7%-3.5%
5 Yearn/a-36.4%-46.8%7.2%-10.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Tai Kam Holdings undervalued compared to its fair value and its price relative to the market?

0.33x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8321's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8321's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8321 is unprofitable, so we can't compare its PE Ratio to the Construction industry average.

PE vs Market: 8321 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 8321's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8321 is good value based on its PB Ratio (0.3x) compared to the HK Construction industry average (0.9x).


Next Steps

Future Growth

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

10.1%

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 Tai Kam 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 Tai Kam Holdings performed over the past 5 years?

-18.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8321 is currently unprofitable.

Growing Profit Margin: 8321 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8321 is unprofitable, and losses have increased over the past 5 years at a rate of -18.3% per year.

Accelerating Growth: Unable to compare 8321's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8321 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-8.9%).


Return on Equity

High ROE: 8321 has a negative Return on Equity (-1.59%), as it is currently unprofitable.


Next Steps

Financial Health

How is Tai Kam Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8321's short term assets (HK$157.6M) exceed its short term liabilities (HK$45.9M).

Long Term Liabilities: 8321's short term assets (HK$157.6M) exceed its long term liabilities (HK$524.0K).


Debt to Equity History and Analysis

Debt Level: 8321's debt to equity ratio (11.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 8321's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 8321's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 8321's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Tai Kam Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8321's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8321'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 8321's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8321'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 8321'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?

1.5yrs

Average board tenure


CEO

Tai Kam Holdings has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Tsz-Fa Tsui
Chairman of the Board1.5yrsHK$182.00kno data
Tanying Liu
Executive Director2.17yrsHK$153.00kno data
Wang Lap Lau
Independent Non-Executive Director1.17yrsno datano data
Kin Ping Yim
Independent Non-Executive Director3.83yrsHK$150.00kno data
Yixuan Li
Independent Non-Executive Director1.33yrsHK$12.00kno data

1.5yrs

Average Tenure

40yo

Average Age

Experienced Board: 8321's board of directors are not considered experienced ( 1.5 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Tai Kam Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Tai Kam Holdings Limited
  • Ticker: 8321
  • Exchange: SEHK
  • Founded: 2016
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$37.600m
  • Shares outstanding: 800.00m
  • Website: https://www.taikamholdings.com

Number of Employees


Location

  • Tai Kam Holdings Limited
  • Wealth Commercial Centre
  • 11th Floor
  • Mong Kok
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8321SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2016

Biography

Tai Kam Holdings Limited, an investment holding company, engages in undertaking slope works as contractor and renovation works in Hong Kong. Its slope works include the construction of soil nail and retaining walls, as well as raking drains and concrete maintenance stairways; installation of flexible debris flow barriers; and laying of erosion controls and wire meshes. The company was incorporated in 2016 and is headquartered in Mong Kok, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/05 12:40
End of Day Share Price2020/07/03 00:00
Earnings2020/01/31
Annual Earnings2019/04/30


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.