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Noble Engineering Group Holdings

SEHK:8445
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8445
SEHK
HK$183M
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

Noble Engineering Group Holdings Limited, an investment holding company, principally provides wet trade work services in Hong Kong. The last earnings update was 97 days ago. More info.


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  • Noble Engineering Group Holdings has significant price volatility in the past 3 months.
8445 Share Price and Events
7 Day Returns
-4.8%
SEHK:8445
-0%
HK Construction
-1.6%
HK Market
1 Year Returns
-60.1%
SEHK:8445
-20.2%
HK Construction
-16.6%
HK Market
8445 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Noble Engineering Group Holdings (8445) -4.8% -25.3% -11.9% -60.1% - -
HK Construction -0% -10% -10.9% -20.2% -13.2% 6.3%
HK Market -1.6% -9.5% -5.2% -16.6% 24.8% 7.3%
1 Year Return vs Industry and Market
  • 8445 underperformed the Construction industry which returned -20.2% over the past year.
  • 8445 underperformed the Market in Hong Kong which returned -16.6% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

8445 Value

 Is Noble Engineering Group 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 Noble Engineering Group Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.295.
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 Noble Engineering Group Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Noble Engineering Group Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8445 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$0.04
SEHK:8445 Share Price ** SEHK (2019-05-22) in HKD HK$0.3
Hong Kong Construction Industry PE Ratio Median Figure of 107 Publicly-Listed Construction Companies 11.27x
Hong Kong Market PE Ratio Median Figure of 1,478 Publicly-Listed Companies 11.06x

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

** Primary Listing of Noble Engineering Group Holdings.

SEHK:8445 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8445 Share Price ÷ EPS (both in HKD)

= 0.3 ÷ 0.04

7.31x

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

  • Noble Engineering Group Holdings is good value based on earnings compared to the HK Construction industry average.
  • Noble Engineering Group Holdings is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Noble Engineering Group Holdings's expected growth come at a high price?
Raw Data
SEHK:8445 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.31x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
0.7%per year
Hong Kong Construction Industry PEG Ratio Median Figure of 9 Publicly-Listed Construction Companies 0.49x
Hong Kong Market PEG Ratio Median Figure of 463 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 Noble Engineering Group Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Noble Engineering Group Holdings's assets?
Raw Data
SEHK:8445 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$0.22
SEHK:8445 Share Price * SEHK (2019-05-22) in HKD HK$0.3
Hong Kong Construction Industry PB Ratio Median Figure of 133 Publicly-Listed Construction Companies 1.41x
Hong Kong Market PB Ratio Median Figure of 2,157 Publicly-Listed Companies 0.97x
SEHK:8445 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8445 Share Price ÷ Book Value per Share (both in HKD)

= 0.3 ÷ 0.22

1.37x

* Primary Listing of Noble Engineering Group Holdings.

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

  • Noble Engineering Group Holdings is good value based on assets compared to the HK Construction industry average.
X
Value checks
We assess Noble Engineering Group 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 Construction 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 Construction industry average (and greater than 0)? (1 check)
  5. Noble Engineering Group Holdings has a total score of 3/6, 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.

8445 Future Performance

 How is Noble Engineering Group Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Noble Engineering Group 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
0.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Noble Engineering Group Holdings expected to grow at an attractive rate?
  • Noble Engineering Group Holdings's earnings growth is positive but not above the low risk savings rate of 2%.
Growth vs Market Checks
  • Noble Engineering Group Holdings's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare Noble Engineering Group Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8445 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:8445 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 0.7%
Hong Kong Construction Industry Earnings Growth Rate Market Cap Weighted Average 12.6%
Hong Kong Construction Industry Revenue Growth Rate Market Cap Weighted Average 9.9%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average -5.7%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.4%

*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:8445 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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:8445 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 409 24
2018-09-30 430 -36 28
2018-06-30 412 20
2018-03-31 409 2 13
2017-12-31 373 12
2017-09-30 343 -7 2
2017-06-30 327 8
2017-03-31 285 -8 13
2016-03-31 267 18 12

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Noble Engineering Group Holdings's earnings are expected to grow by 0.7% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Noble Engineering Group 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:8445 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Noble Engineering Group Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8445 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 0.04
2018-09-30 0.05
2018-06-30 0.04
2018-03-31 0.03
2017-12-31 0.02
2017-09-30 0.01
2017-06-30 0.02
2017-03-31 0.03
2016-03-31 0.03

*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 Noble Engineering Group Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Noble Engineering Group 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 Hong Kong 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.
Noble Engineering Group 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.

8445 Past Performance

  How has Noble Engineering Group 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 Noble Engineering Group Holdings's growth in the last year to its industry (Construction).
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.
  • Insufficient data to establish if Noble Engineering Group Holdings's year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Noble Engineering Group Holdings's 1-year earnings growth to the 5-year average due to insufficient past data.
  • Noble Engineering Group Holdings's earnings growth has exceeded the HK Construction industry average in the past year (108.5% vs -6.1%).
Earnings and Revenue History
Noble Engineering Group 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 Noble Engineering Group Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8445 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 409.21 24.19 13.95
2018-09-30 430.33 28.41 15.07
2018-06-30 411.81 19.80 14.80
2018-03-31 408.94 13.24 15.33
2017-12-31 372.50 11.61 13.41
2017-09-30 343.14 2.42 11.58
2017-06-30 327.23 8.45 10.12
2017-03-31 285.43 12.56 8.59
2016-03-31 267.41 12.32 3.95

*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.
  • Noble Engineering Group Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Noble Engineering Group Holdings used its assets more efficiently than the HK Construction industry average last year based on Return on Assets.
  • Unable to establish if Noble Engineering Group Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Noble Engineering Group 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 Construction 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.
Noble Engineering Group 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.

8445 Health

 How is Noble Engineering Group 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 Noble Engineering Group Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Noble Engineering Group Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Noble Engineering Group Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Noble Engineering Group 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.
  • Low level of unsold assets.
  • Noble Engineering Group Holdings has no debt, it does not need to be covered by short term assets.
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 Noble Engineering Group Holdings Company Filings, last reported 4 months ago.

SEHK:8445 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 129.36 0.00 27.42
2018-09-30 129.36 0.00 27.42
2018-06-30 114.83 0.00 62.92
2018-03-31 114.83 0.00 62.92
2017-12-31
2017-09-30 100.43 0.00 27.10
2017-06-30 41.60 26.68 29.39
2017-03-31 41.60 26.68 29.39
2016-03-31 19.05 37.37 25.40
  • Noble Engineering Group Holdings has no debt.
  • Noble Engineering Group Holdings currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Noble Engineering Group Holdings has no debt, it does not need to be covered by operating cash flow.
  • Noble Engineering Group Holdings has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Noble Engineering Group 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. Noble Engineering Group Holdings has a total score of 6/6, 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.

8445 Dividends

 What is Noble Engineering Group 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 Noble Engineering Group Holdings dividends.
If you bought HK$2,000 of Noble Engineering Group 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 Noble Engineering Group Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Noble Engineering Group 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:8445 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 Construction Industry Average Dividend Yield Market Cap Weighted Average of 42 Stocks 3.8%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 968 Stocks 3.7%
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 5.8%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Noble Engineering Group Holdings has not reported any payouts.
  • Unable to verify if Noble Engineering Group Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Noble Engineering Group Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Noble Engineering Group 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 Noble Engineering Group 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 Noble Engineering Group Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Noble Engineering Group 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.

8445 Management

 What is the CEO of Noble Engineering Group 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
CK Tse
COMPENSATION HK$840,000
AGE 66
TENURE AS CEO 0.7 years
CEO Bio

Mr. Chun Kuen Tse, also known as CK, has been Executive Director of Noble Engineering Group Holdings Limited since April 12, 2017 and its compliance officer and chief executive officer since September 10, 2018 . Mr. Tse is the co-founder of Eric Tse Cement Works and has been a director since October 9, 1997. Mr. Tse is responsible for formulating corporate and business strategies and making major operation decisions of Eric Tse Cement Works Group. Mr. Tse has over 34 years of experience in wet trades industry. Mr. Tse's responsibilities in Eric Tse Cement Works Group include formulating and determining corporate and business strategies and making major operation decisions, monitoring the business operations, reviewing and approving significant contracts and investment, appointment and appraisal of senior management. Prior to the incorporation of Eric Tse Cement Works and until the dissolution of the Partnership Business, Mr. Tse also engaged in wet trades works subcontractor business through the Partnership Business.

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

Eric Tse

TITLE
Chairman of the Board
COMPENSATION
HK$840K
AGE
69

CK Tse

TITLE
CEO, Compliance Officer & Executive Director
COMPENSATION
HK$840K
AGE
66
TENURE
0.7 yrs

Chi Tsoi

TITLE
Financial Controller & Company Secretary
AGE
31
Board of Directors Tenure

Average tenure and age of the Noble Engineering Group Holdings board of directors in years:

1.7
Average Tenure
50
Average Age
  • The average tenure for the Noble Engineering Group Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Eric Tse

TITLE
Chairman of the Board
COMPENSATION
HK$840K
AGE
69
TENURE
1.7 yrs

CK Tse

TITLE
CEO, Compliance Officer & Executive Director
COMPENSATION
HK$840K
AGE
66
TENURE
2.1 yrs

MaryAnne Chung

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

Chi Wai Tang

TITLE
Independent Non-Executive Director
COMPENSATION
HK$100K
AGE
44
TENURE
1.7 yrs

Kenji Wong

TITLE
Independent Non-Executive Director
COMPENSATION
HK$100K
AGE
37
TENURE
1.7 yrs

Wai Lung Chan

TITLE
No-Executive Director
AGE
37
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess Noble Engineering Group 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. Noble Engineering Group 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.

8445 News

Simply Wall St News

Here's How P/E Ratios Can Help Us Understand Noble Engineering Group Holdings Limited (HKG:8445)

We'll apply a basic P/E ratio analysis to Noble Engineering Group Holdings Limited's (HKG:8445), to help you decide if the stock is worth further research. … Looking at earnings over the last twelve months, Noble Engineering Group Holdings has a P/E ratio of 9.79. … See our latest analysis for Noble Engineering Group Holdings?

Simply Wall St -

Noble Engineering Group Holdings Limited (HKG:8445) Delivered A Better ROE Than Its Industry

We'll use ROE to examine Noble Engineering Group Holdings Limited (HKG:8445), by way of a worked example. … Noble Engineering Group Holdings has a ROE of 19%, based on the last twelve months. … Check out our latest analysis for Noble Engineering Group Holdings?

Simply Wall St -

Introducing Noble Engineering Group Holdings, The Stock That Dropped 32% In The Last Year

Noble Engineering Group Holdings Limited (HKG:8445) shareholders should be happy to see the share price up 14% in the last month. … By comparing earnings per share (EPS) and and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … During the unfortunate twelve months during which the Noble Engineering Group Holdings share price fell, it actually saw its earnings per share (EPS) improve by 70%.

Simply Wall St -

Is Noble Engineering Group Holdings Limited (HKG:8445) A Financially Sound Company?

The direct benefit for Noble Engineering Group Holdings Limited (HKG:8445), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is 8445 will have to adhere to stricter debt covenants and have less financial flexibility. … Is 8445 right in choosing financial flexibility over lower cost of capital

Simply Wall St -

Should You Be Excited About Noble Engineering Group Holdings Limited's (HKG:8445) 22% Return On Equity?

To keep the lesson grounded in practicality, we'll use ROE to better understand Noble Engineering Group Holdings Limited (HKG:8445). … Our data shows Noble Engineering Group Holdings has a return on equity of 22% for the last year. … Check out our latest analysis for Noble Engineering Group Holdings?

Simply Wall St -

What Does Noble Engineering Group Holdings Limited's (HKG:8445) PE Ratio Tell You?

Noble Engineering Group Holdings Limited (HKG:8445) trades with a trailing P/E of 17.9, which is higher than the industry average of 13.5. … Though this might seem to be a negative, you might change your mind after I explain the assumptions behind the P/E ratio. … Check out our latest analysis for Noble Engineering Group Holdings

Simply Wall St -

How Did Noble Engineering Group Holdings Limited's (HKG:8445) 11.53% ROE Fare Against The Industry?

and want to better understand how you can grow your money by investing in Noble Engineering Group Holdings Limited (HKG:8445). … Noble Engineering Group Holdings Limited (HKG:8445) delivered an ROE of 11.53% over the past 12 months, which is relatively in-line with its industry average of 10.26% during the same period. … But ROE does not capture any debt, so we only see high profits and low equity, which is great on the surface

Simply Wall St -

8445 Company Info

Description

Noble Engineering Group Holdings Limited, an investment holding company, principally provides wet trade work services in Hong Kong. The company undertakes tile and brick laying, plastering, floor screeding, and marble works. It offers wet trade services for various building construction projects, including residential, community facility, public housing, and commercial development projects in the private and public sectors. The company was formerly known as Noble Engineering Holdings Limited and changed its name to Noble Engineering Group Holdings Limited in August 2017. The company was founded in 1981 and is headquartered in Cheung Sha Wan, Hong Kong. Noble Engineering Group Holdings Limited is a subsidiary of Land Noble Holdings Limited.

Details
Name: Noble Engineering Group Holdings Limited
8445
Exchange: SEHK
Founded: 1981
HK$183,000,000
600,000,000
Website: http://www.nobleengineering.com.hk
Address: Noble Engineering Group Holdings Limited
Cheung Sha Wan Plaza,
Tower II,
Cheung Sha Wan,
Kowloon, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8445 Share Capital The Stock Exchange of Hong Kong Ltd. HK HKD 29. Sep 2017
Number of employees
Current staff
Staff numbers
44
Noble Engineering Group Holdings employees.
Industry
Construction and Engineering
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 13:05
End of day share price update: 2019/05/22 00:00
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


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.