Loading...

Hing Ming Holdings

SEHK:8425
Snowflake Description

Excellent balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8425
SEHK
HK$648M
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

Hing Ming Holdings Limited provides rental services for temporary suspended working platforms and other equipment. The last earnings update was 24 days ago. More info.


Add to Portfolio Compare Print
  • Hing Ming Holdings has significant price volatility in the past 3 months.
8425 Share Price and Events
7 Day Returns
1.9%
SEHK:8425
0.8%
HK Trade Distributors
0.8%
HK Market
1 Year Returns
-4.7%
SEHK:8425
1.7%
HK Trade Distributors
-4.4%
HK Market
8425 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Hing Ming Holdings (8425) 1.9% 4.5% -19.8% -4.7% - -
HK Trade Distributors 0.8% -0.2% -6.8% 1.7% -23.4% -52.6%
HK Market 0.8% 1.5% -7.4% -4.4% 17.7% 1.6%
1 Year Return vs Industry and Market
  • 8425 underperformed the Trade Distributors industry which returned 1.7% over the past year.
  • 8425 matched the Hong Kong Market (-4.4%) over the past year.
Price Volatility
8425
Industry
5yr Volatility vs Market

8425 Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Hing Ming Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$1.62.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Hing Ming Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Hing Ming Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8425 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in HKD HK$0.02
SEHK:8425 Share Price ** SEHK (2019-07-19) in HKD HK$1.62
Hong Kong Trade Distributors Industry PE Ratio Median Figure of 30 Publicly-Listed Trade Distributors Companies 10.75x
Hong Kong Market PE Ratio Median Figure of 1,511 Publicly-Listed Companies 10.76x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Hing Ming Holdings.

SEHK:8425 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8425 Share Price ÷ EPS (both in HKD)

= 1.62 ÷ 0.02

102.45x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hing Ming Holdings is overvalued based on earnings compared to the HK Trade Distributors industry average.
  • Hing Ming Holdings is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Hing Ming Holdings's expected growth come at a high price?
Raw Data
SEHK:8425 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 102.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
8.1%per year
Global Trade Distributors Industry PEG Ratio Median Figure of 80 Publicly-Listed Trade Distributors Companies 1.06x
Hong Kong Market PEG Ratio Median Figure of 480 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Hing Ming Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Hing Ming Holdings's assets?
Raw Data
SEHK:8425 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in HKD HK$0.30
SEHK:8425 Share Price * SEHK (2019-07-19) in HKD HK$1.62
Hong Kong Trade Distributors Industry PB Ratio Median Figure of 59 Publicly-Listed Trade Distributors Companies 0.78x
Hong Kong Market PB Ratio Median Figure of 2,197 Publicly-Listed Companies 0.92x
SEHK:8425 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8425 Share Price ÷ Book Value per Share (both in HKD)

= 1.62 ÷ 0.30

5.46x

* Primary Listing of Hing Ming Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Hing Ming Holdings is overvalued based on assets compared to the HK Trade Distributors industry average.
X
Value checks
We assess Hing Ming Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. Hing Ming Holdings has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

8425 Future Performance

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

  • No analysts cover Hing Ming Holdings, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Hing Ming Holdings expected to grow at an attractive rate?
  • Hing Ming Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Hing Ming Holdings's earnings growth is positive but not above the Hong Kong market average.
  • Unable to compare Hing Ming Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8425 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:8425 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 8.1%
Hong Kong Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 9.7%
Asia Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 12.2%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.3%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:8425 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:8425 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:8425 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-03-31 48 22 6
2018-12-31 49 14
2018-09-30 47 19 14
2018-06-30 49 14
2018-03-31 53 21 15
2017-12-31 53 13
2017-09-30 51 13 8
2017-06-30 47 5
2017-03-31 45 15 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Hing Ming Holdings's earnings are expected to grow by 8.1% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Hing Ming Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:8425 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Hing Ming Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8425 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:8425 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-03-31 0.02
2018-12-31 0.03
2018-09-30 0.03
2018-06-30 0.03
2018-03-31 0.04
2017-12-31 0.03
2017-09-30 0.02
2017-06-30 0.01
2017-03-31 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Hing Ming Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Hing Ming Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Hing Ming Holdings has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

8425 Past Performance

  How has Hing Ming Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Hing Ming Holdings's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Hing Ming Holdings's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • Hing Ming Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Hing Ming Holdings's 1-year earnings growth is negative, it can't be compared to the HK Trade Distributors industry average.
Earnings and Revenue History
Hing Ming Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Hing Ming Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8425 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 48.16 6.33 10.67
2018-12-31 48.68 13.67 9.64
2018-09-30 46.98 13.65 9.96
2018-06-30 48.69 13.61 10.01
2018-03-31 53.03 15.37 10.35
2017-12-31 53.17 12.68 10.64
2017-09-30 50.86 8.19 9.63
2017-06-30 47.18 4.93 9.17
2017-03-31 44.87 2.81 7.78
2016-03-31 45.02 9.56 5.87
2015-03-31 44.46 9.83 5.84

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Hing Ming Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Hing Ming Holdings used its assets more efficiently than the HK Trade Distributors industry average last year based on Return on Assets.
  • Hing Ming Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Hing Ming Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Hing Ming Holdings has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

8425 Health

 How is Hing Ming Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Hing Ming Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Hing Ming Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Hing Ming Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Hing Ming Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Hing Ming Holdings Company Filings, last reported 3 months ago.

SEHK:8425 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 118.71 0.00 39.20
2018-12-31 116.85 18.03 42.12
2018-09-30 116.85 0.00 42.12
2018-06-30 113.22 4.62 47.62
2018-03-31 113.22 0.00 48.55
2017-12-31
2017-09-30 103.20 0.00 69.90
2017-06-30 97.84 18.29 80.20
2017-03-31 97.84 10.69 80.20
2016-03-31 27.21 15.67 20.17
2015-03-31 17.64 10.97 8.99
  • Hing Ming Holdings's level of debt (11.5%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Hing Ming Holdings's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (158.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 16.4x coverage).
X
Financial health checks
We assess Hing Ming Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Hing Ming Holdings has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

8425 Dividends

 What is Hing Ming Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Hing Ming Holdings dividends.
If you bought HK$2,000 of Hing Ming Holdings shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Hing Ming Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Hing Ming Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:8425 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 4.7%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:8425 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Hing Ming Holdings has not reported any payouts.
  • Unable to verify if Hing Ming Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Hing Ming Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Hing Ming Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Hing Ming Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Hing Ming Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Hing Ming Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

8425 Management

 What is the CEO of Hing Ming Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Hing Keung Tang
COMPENSATION HK$860,000
AGE 61
TENURE AS CEO 3.3 years
CEO Bio

Mr. Hing Keung Tang has been the Chairman of the Board and Chief Executive Officer at Hing Ming Holdings Limited since April 8, 2016.

CEO Compensation
  • Hing Keung's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Hing Keung's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Hing Ming Holdings management team in years:

2.3
Average Tenure
35.5
Average Age
  • The tenure for the Hing Ming Holdings management team is about average.
Management Team

Hing Keung Tang

TITLE
Chairman & CEO
COMPENSATION
HK$860K
AGE
61
TENURE
3.3 yrs

Zhaoqing Lu

TITLE
Vice Chairman
COMPENSATION
HK$10K
AGE
36

Ming Hei Tang

TITLE
Compliance Officer & Executive Director
COMPENSATION
HK$379K
AGE
30
TENURE
3.1 yrs

Man Yi Au

TITLE
Executive Director
COMPENSATION
HK$378K
AGE
35
TENURE
1.5 yrs

Yuen Lan Lam

TITLE
Company Secretary & Financial Controller
TENURE
1.5 yrs
Board of Directors Tenure

Average tenure and age of the Hing Ming Holdings board of directors in years:

2.4
Average Tenure
56
Average Age
  • The average tenure for the Hing Ming Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Hing Keung Tang

TITLE
Chairman & CEO
COMPENSATION
HK$860K
AGE
61
TENURE
3.3 yrs

Zhaoqing Lu

TITLE
Vice Chairman
COMPENSATION
HK$10K
AGE
36
TENURE
0.3 yrs

Ming Hei Tang

TITLE
Compliance Officer & Executive Director
COMPENSATION
HK$379K
AGE
30
TENURE
3.2 yrs

Man Yi Au

TITLE
Executive Director
COMPENSATION
HK$378K
AGE
35
TENURE
1.5 yrs

Boris Kwan

TITLE
Independent Non-Executive Director
COMPENSATION
HK$100K
AGE
59
TENURE
2.4 yrs

Chi Wing Chiu

TITLE
Independent Non-Executive Director
COMPENSATION
HK$100K
AGE
56
TENURE
2.4 yrs

Miranda Li

TITLE
Independent Non Executive Director
COMPENSATION
HK$90K
AGE
45
TENURE
1.2 yrs

Fung Yee Au

TITLE
Non-Executive Director
COMPENSATION
HK$150K
AGE
56
TENURE
3.3 yrs

Edmond Au

TITLE
Non-Executive Director
COMPENSATION
HK$150K
AGE
63
TENURE
3.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
17. Sep 18 Sell Hing Gut Limited Company 13. Sep 18 13. Sep 18 -10,000,000 HK$1.18 HK$-11,800,008
30. Aug 18 Sell Hing Gut Limited Company 28. Aug 18 28. Aug 18 -4,000,000 HK$1.58 HK$-6,319,991
24. Aug 18 Sell Hing Gut Limited Company 23. Aug 18 23. Aug 18 -5,000,000 HK$1.60 HK$-7,999,981
24. Aug 18 Sell Hing Gut Limited Company 24. Aug 18 24. Aug 18 -5,000,000 HK$1.58 HK$-7,899,981
23. Aug 18 Sell Hing Gut Limited Company 22. Aug 18 22. Aug 18 -5,000,000 HK$1.60 HK$-7,999,994
22. Aug 18 Sell Hing Gut Limited Company 21. Aug 18 21. Aug 18 -5,000,000 HK$1.60 HK$-7,999,998
X
Management checks
We assess Hing Ming Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Hing Ming Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

8425 News

Simply Wall St News

Is Hing Ming Holdings Limited's (HKG:8425) ROE Of 12% Impressive?

The formula for ROE is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for Hing Ming Holdings: 12% = HK$14m ÷ HK$117m (Based on the trailing twelve months to December 2018.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … Does Hing Ming Holdings Have A Good ROE? … Hing Ming Holdings's Debt And Its 12% ROE While Hing Ming Holdings does have some debt, with debt to equity of just 0.15, we wouldn't say debt is excessive.

Simply Wall St -

Hing Ming Holdings Limited (HKG:8425) Earns A Nice Return On Capital Employed

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Hing Ming Holdings: 0.12 = HK$17m ÷ (HK$147m - HK$13m) (Based on the trailing twelve months to December 2018.) So, Hing Ming Holdings has an ROCE of 12%. … How Hing Ming Holdings's Current Liabilities Impact Its ROCE Liabilities, such as supplier bills and bank overdrafts, are referred to as current liabilities if they need to be paid within 12 months. … In addition to low current liabilities (making a negligible impact on ROCE), Hing Ming Holdings earns a sound return on capital employed.

Simply Wall St -

If You Had Bought Hing Ming Holdings (HKG:8425) Shares A Year Ago You'd Have Made 108%

It's also good to see the share price up 97% over the last quarter. … Hing Ming Holdings hasn't been listed for long, so it's still not clear if it is a long term winner. … During the last year Hing Ming Holdings grew its earnings per share (EPS) by 2.3%.

Simply Wall St -

Why Hing Ming Holdings Limited's (HKG:8425) High P/E Ratio Isn't Necessarily A Bad Thing

We'll look at Hing Ming Holdings Limited's (HKG:8425) P/E ratio and reflect on what it tells us about the company's share price. … Based on the last twelve months, Hing Ming Holdings's P/E ratio is 44.77. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

Simply Wall St -

How Good Is Hing Ming Holdings Limited (HKG:8425), When It Comes To ROE?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … To keep the lesson grounded in practicality, we'll use ROE to better understand Hing Ming Holdings Limited (HKG:8425). … That means that for every HK$1 worth of shareholders' equity, it generated HK$0.12 in profit.

Simply Wall St -

Hing Ming Holdings Limited (HKG:8425): Assessing Capital Returns

and looking to gauge the potential return on investment in Hing Ming Holdings Limited (HKG:8425). … To understand Hing Ming Holdings’s capital returns we will look at a useful metric called return on capital employed. … What is Return on Capital Employed (ROCE)?

Simply Wall St -

Despite Its High P/E Ratio, Is Hing Ming Holdings Limited (HKG:8425) Still Undervalued?

This article is written for those who want to get better at using price to earnings ratios (P/E ratios). … We'll look at Hing Ming Holdings Limited's (HKG:8425) P/E ratio and reflect on what it tells us about the company's share price. … Hing Ming Holdings has a price to earnings ratio of 38.2, based on the last twelve months.

Simply Wall St -

Is Hing Ming Holdings Limited's (HKG:8425) CEO Salary Justified?

Hing Tang took the reins as CEO of Hing Ming Holdings Limited's (HKG:8425) and grew market cap to HK$656.00m recently. … Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … CEOs leading companies of similar size and profitability

Simply Wall St -

Should You Sell Hing Ming Holdings Limited (HKG:8425) At This PE Ratio?

I am writing today to help inform people who are new to the stock market. … and want to begin learning the link between Hing Ming Holdings Limited (HKG:8425)’s fundamentals and stock market performance. … Hing Ming Holdings Limited (HKG:8425) is trading with a trailing P/E of 55.9x, which is higher than the industry average of 13.6x.

Simply Wall St -

8425 Company Info

Description

Hing Ming Holdings Limited provides rental services for temporary suspended working platforms and other equipment. It rents tower cranes and generators; and trades in equipment and spare parts, including permanent suspended working platforms, motors, and wire ropes. The company also offers project planning; design and customization; delivery of equipment to construction site; installation and inspection; on-site customer support; and disassembly and delivery of equipment. It provides services to construction companies, owners of commercial properties, and trading companies in Hong Kong, Thailand, Macau, and internationally. The company was founded in 1997 and is headquartered in Kowloon City, Hong Kong. Hing Ming Holdings Limited is a subsidiary of Hing Gut Limited.

Details
Name: Hing Ming Holdings Limited
8425
Exchange: SEHK
Founded: 1997
HK$648,000,000
400,000,000
Website: http://www.hing-ming.com
Address: Hing Ming Holdings Limited
Room A4, Tsim Sha Tsui Mansion,
2nd Floor,
Kowloon City,
Kowloon, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8425 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 15. Mar 2017
Number of employees
Current staff
Staff numbers
53
Hing Ming Holdings employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/20 13:17
End of day share price update: 2019/07/19 00:00
Last estimates confirmation: 2018/06/21
Last earnings filing: 2019/06/26
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.