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
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
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
is considered below, and whether this is a fair price.
Price based on past earnings
Hing Ming Holdings's earnings available for a low price, and how does
this compare to other companies in the same industry?
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.
Hing Ming Holdings's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
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.
A company's financial position is much like your own financial position,
it includes everything you own
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.
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.
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
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.
Nearly all companies have debt. Debt in itself isn’t
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.
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.
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.
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%.
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)
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.
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)?
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.
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
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.
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.
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