SEHK:8431

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Hao Bai International (Cayman)

Executive Summary

Hao Bai International (Cayman) Limited, an investment holding company, engages in the design, procurement, and installation of water circulation systems in Hong Kong and Macau.


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

How has Hao Bai International (Cayman)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8431's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

8431

4.9%

HK Construction

4.0%

HK Market


1 Year Return

-48.5%

8431

-25.0%

HK Construction

-4.9%

HK Market

Return vs Industry: 8431 underperformed the Hong Kong Construction industry which returned -26.4% over the past year.

Return vs Market: 8431 underperformed the Hong Kong Market which returned -6.6% over the past year.


Shareholder returns

8431IndustryMarket
7 Day0%4.9%4.0%
30 Day8.7%-0.1%5.3%
90 Day-16.7%-3.1%13.3%
1 Year-48.5%-48.5%-21.5%-25.0%-1.4%-4.9%
3 Year-72.2%-72.2%-35.1%-42.9%7.7%-3.5%
5 Yearn/a-36.6%-47.0%7.1%-10.3%

Price Volatility Vs. Market

How volatile is Hao Bai International (Cayman)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hao Bai International (Cayman) undervalued compared to its fair value and its price relative to the market?

0.85x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8431's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8431's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8431 is unprofitable, so we can't compare its PE Ratio to the Construction industry average.

PE vs Market: 8431 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 8431's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8431 is good value based on its PB Ratio (0.9x) compared to the HK Construction industry average (0.9x).


Next Steps

Future Growth

How is Hao Bai International (Cayman) 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 Hao Bai International (Cayman) 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 Hao Bai International (Cayman) performed over the past 5 years?

-56.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8431 is currently unprofitable.

Growing Profit Margin: 8431 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8431 is unprofitable, and losses have increased over the past 5 years at a rate of -56.9% per year.

Accelerating Growth: Unable to compare 8431's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8431 is unprofitable, making it difficult to compare its past year earnings growth to the Construction industry (-10.8%).


Return on Equity

High ROE: 8431 has a negative Return on Equity (-28.66%), as it is currently unprofitable.


Next Steps

Financial Health

How is Hao Bai International (Cayman)'s financial position?


Financial Position Analysis

Short Term Liabilities: 8431's short term assets (HK$151.4M) exceed its short term liabilities (HK$76.7M).

Long Term Liabilities: 8431's short term assets (HK$151.4M) exceed its long term liabilities (HK$2.0M).


Debt to Equity History and Analysis

Debt Level: 8431's debt to equity ratio (55.6%) is considered high.

Reducing Debt: 8431's debt to equity ratio has reduced from 90% to 55.6% over the past 5 years.

Debt Coverage: 8431's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 8431's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Hao Bai International (Cayman) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8431's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8431'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 8431's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8431'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 8431'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?

4.3yrs

Average management tenure


CEO

Ho Kwan Nam (48yo)

no data

Tenure

HK$1,836,000

Compensation

Mr. Nam Ho Kwan founded Hao Bai International (Cayman) Limited in November 2006 and serves as its Chairman and Chief Executive Officer. Mr. Nam has also been Executive Director of Hao Bai International (Ca ...


CEO Compensation Analysis

Compensation vs Market: Ho Kwan's total compensation ($USD236.89K) is about average for companies of similar size in the Hong Kong market ($USD229.14K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Ho Kwan Nam
Chairman & CEOno dataHK$1.84m50.18% HK$32.6m
Wing Hung Wong
Compliance Officer & Executive Director4.08yrsHK$678.00kno data
Wan Lok Ng
Executive Director4.08yrsHK$738.00kno data
Rui Wang
Executive Director2.5yrsHK$180.00kno data
Ching Chong
CFO & Company Secretary4.33yrsno datano data
Sau Wai Tong
Operations & Human Resources Manager4.92yrsno datano data

4.3yrs

Average Tenure

42yo

Average Age

Experienced Management: 8431's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ho Kwan Nam
Chairman & CEOno dataHK$1.84m50.18% HK$32.6m
Wing Hung Wong
Compliance Officer & Executive Director4.08yrsHK$678.00kno data
Wan Lok Ng
Executive Director4.08yrsHK$738.00kno data
Rui Wang
Executive Director2.5yrsHK$180.00kno data
King Sun Lam
Independent Non-Executive Director0.083yrno datano data
Lei Chen
Independent Non-Executive Director2.17yrsHK$157.00kno data
Yung Fat Tsang
Independent Non-Executive Director0.25yrno datano data

2.5yrs

Average Tenure

46yo

Average Age

Experienced Board: 8431's board of directors are not considered experienced ( 2.5 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Hao Bai International (Cayman) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hao Bai International (Cayman) Limited
  • Ticker: 8431
  • Exchange: SEHK
  • Founded: 2006
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$65.000m
  • Shares outstanding: 1.30b
  • Website: https://www.harmonyasia.com

Number of Employees


Location

  • Hao Bai International (Cayman) Limited
  • Wah Shing Industrial Building
  • 7th Floor
  • Kowloon
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8431SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2017

Biography

Hao Bai International (Cayman) Limited, an investment holding company, engages in the design, procurement, and installation of water circulation systems in Hong Kong and Macau. It operates through Management Contracting Services, Consultancy Services, and Maintenance Services segments. The company’s water circulation systems include swimming pools, water fountains, water curtains, etc. It also offers consulting, maintenance, and repair services for water circulation systems. The company was founded in 2006 and is headquartered in Kowloon, Hong Kong. Hao Bai International (Cayman) Limited is a subsidiary of Harmony Asia international Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/03 12:55
End of Day Share Price2020/07/02 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.