SEHK:8366

Stock Analysis Report

Zhejiang United Investment Holdings Group

Executive Summary

Zhejiang United Investment Holdings Group Limited, an investment holding company, undertakes slope works, foundation works, and other general building works in Hong Kong.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Zhejiang United Investment Holdings Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8366's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

7.1%

8366

1.1%

HK Construction

0.6%

HK Market


1 Year Return

25.0%

8366

-26.1%

HK Construction

-5.7%

HK Market

Return vs Industry: 8366 exceeded the Hong Kong Construction industry which returned -26.1% over the past year.

Return vs Market: 8366 exceeded the Hong Kong Market which returned -5.7% over the past year.


Shareholder returns

8366IndustryMarket
7 Day7.1%1.1%0.6%
30 Day-27.7%-2.7%-0.8%
90 Day13.2%-2.4%4.1%
1 Year25.0%25.0%-22.6%-26.1%-2.2%-5.7%
3 Year45.6%45.6%-36.0%-42.8%13.8%2.3%
5 Yearn/a-26.3%-37.2%14.8%-4.2%

Price Volatility Vs. Market

How volatile is Zhejiang United Investment Holdings Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Zhejiang United Investment Holdings Group undervalued compared to its fair value and its price relative to the market?

4.61x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8366's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8366's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8366 is unprofitable, so we can't compare its PE Ratio to the Construction industry average.

PE vs Market: 8366 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 8366's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8366 is overvalued based on its PB Ratio (4.6x) compared to the HK Construction industry average (1x).


Next Steps

Future Growth

How is Zhejiang United Investment Holdings Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.9%

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 Zhejiang United Investment Holdings Group 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 Zhejiang United Investment Holdings Group performed over the past 5 years?

-78.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8366 is currently unprofitable.

Growing Profit Margin: 8366 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8366 is unprofitable, and losses have increased over the past 5 years at a rate of -78.4% per year.

Accelerating Growth: Unable to compare 8366's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8366 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-5.4%).


Return on Equity

High ROE: 8366 has a negative Return on Equity (-23.25%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Zhejiang United Investment Holdings Group's financial position?


Financial Position Analysis

Short Term Liabilities: 8366's short term assets (HK$168.9M) exceed its short term liabilities (HK$72.0M).

Long Term Liabilities: 8366 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 8366's debt to equity ratio (0.2%) is considered satisfactory.

Reducing Debt: 8366's debt to equity ratio has reduced from 8.9% to 0.2% over the past 5 years.


Balance Sheet

Inventory Level: 8366 has a high level of physical assets or inventory.

Debt Coverage by Assets: 8366's debt is covered by short term assets (assets are 1055.3x 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: 8366 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 8366 has less than a year of cash runway if free cash flow continues to reduce at historical rates of -38.5% each year


Next Steps

Dividend

What is Zhejiang United Investment Holdings Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8366's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 8366'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 8366's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8366'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 8366'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?

2.6yrs

Average management tenure


CEO

Ying Zhou (37yo)

2.6yrs

Tenure

HK$1,226,161

Compensation

Mr. Ying Zhou has been the Chairman and Executive Director of Fraser Holdings Limited since July 26, 2017. Mr. Zhou is working in the financial investment industry and has invested in or managed various co ...


CEO Compensation Analysis

Compensation vs Market: Ying's total compensation ($USD0.00) is below average for companies of similar size in the Hong Kong market ($USD226.09K).

Compensation vs Earnings: Insufficient data to compare Ying's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Ying Zhou
Chairman & CEO2.6yrsHK$1.23m68.48% HK$324.0m
Ying Meng
Compliance Officer & Executive Director2.6yrsHK$269.16kno data
Chi Lung Yeung
Financial Controller2.7yrsno datano data
Ching Chan
Company Secretary0yrsno datano data

2.6yrs

Average Tenure

38yo

Average Age

Experienced Management: 8366's management team is considered experienced (2.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ying Zhou
Chairman & CEO2.6yrsHK$1.23m68.48% HK$324.0m
Ying Meng
Compliance Officer & Executive Director2.6yrsHK$269.16kno data
Man Hin Wong
Independent Non-Executive Director2.6yrsHK$138.00kno data
Pik Chi Lai
Independent Non Executive Director0.3yrsno datano data
Chung Tsui
Independent Non-Executive Director0.5yrsno datano data

2.6yrs

Average Tenure

40yo

Average Age

Experienced Board: 8366's board of directors are not considered experienced ( 2.6 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.6%.


Top Shareholders

Company Information

Zhejiang United Investment Holdings Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zhejiang United Investment Holdings Group Limited
  • Ticker: 8366
  • Exchange: SEHK
  • Founded: 2015
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$473.160m
  • Shares outstanding: 1.58b
  • Website: https://www.zjuv8366.com

Number of Employees


Location

  • Zhejiang United Investment Holdings Group Limited
  • Far East Finance Centre
  • Unit 1901
  • Admiralty
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8366SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 2015

Biography

Zhejiang United Investment Holdings Group Limited, an investment holding company, undertakes slope works, foundation works, and other general building works in Hong Kong. The company provides consultancy services related to the management of projects. It serves government departments, such as civil engineering and development department, lands department, and architectural services department; other statutory bodies, including housing authorities; and private corporations and other entities in the private sector. The company was formerly known as Fraser Holdings Limited and changed its name to Zhejiang United Investment Holdings Group Limited in September 2017. Zhejiang United Investment Holdings Group Limited was incorporated in 2015 and is headquartered in Admiralty, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 13:30
End of Day Share Price2020/02/20 00:00
Earnings2019/10/31
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.