Sanbase Corporation Limited, an investment holding company, engages in the provision of interior fit-out management and solutions in Hong Kong and the People’s Republic of China.
Outstanding track record and undervalued.
Share Price & News
How has Sanbase's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8501's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 8501 underperformed the Hong Kong Construction industry which returned -25.1% over the past year.
Return vs Market: 8501 underperformed the Hong Kong Market which returned -9.9% over the past year.
Price Volatility Vs. Market
How volatile is Sanbase's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StHow Does Sanbase Corporation Limited (HKG:8501) Stand Up To These Simple Dividend Safety Checks?
1 month ago | Simply Wall StAre Robust Financials Driving The Recent Rally In Sanbase Corporation Limited's (HKG:8501) Stock?
2 months ago | Simply Wall StCan We See Significant Insider Ownership On The Sanbase Corporation Limited (HKG:8501) Share Register?
Is Sanbase undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 8501 (HK$0.46) is trading below our estimate of fair value (HK$3.78)
Significantly Below Fair Value: 8501 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8501 is good value based on its PE Ratio (4x) compared to the Construction industry average (7.4x).
PE vs Market: 8501 is good value based on its PE Ratio (4x) compared to the Hong Kong market (9.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8501's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8501 is good value based on its PB Ratio (0.7x) compared to the HK Construction industry average (0.8x).
How is Sanbase forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Sanbase 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.
- Examine whether Sanbase is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Sanbase competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Sanbase performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8501 has high quality earnings.
Growing Profit Margin: 8501's current net profit margins (3.1%) are higher than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: 8501's earnings have grown by 6.4% per year over the past 5 years.
Accelerating Growth: 8501's earnings growth over the past year (122.4%) exceeds its 5-year average (6.4% per year).
Earnings vs Industry: 8501 earnings growth over the past year (122.4%) exceeded the Construction industry -8.9%.
Return on Equity
High ROE: 8501's Return on Equity (20.2%) is considered high.
How is Sanbase's financial position?
Financial Position Analysis
Short Term Liabilities: 8501's short term assets (HK$344.5M) exceed its short term liabilities (HK$229.0M).
Long Term Liabilities: 8501's short term assets (HK$344.5M) exceed its long term liabilities (HK$3.5M).
Debt to Equity History and Analysis
Debt Level: 8501's debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 8501's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 8501's debt is well covered by operating cash flow (4411.5%).
Interest Coverage: 8501's interest payments on its debt are well covered by EBIT (98x coverage).
What is Sanbase's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8501's dividend (6.81%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.59%).
High Dividend: 8501's dividend (6.81%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.35%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 8501 has been paying a dividend for less than 10 years.
Growing Dividend: 8501's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27.4%), 8501's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Sai Chuen Wong (43yo)
Mr. Sai Chuen Wong serves as Chairman, Chief Executive Officer and Executive Director of Sanbase Corporation Limited and served as its Compliance officer until March 11, 2020. Mr. Wong is responsible for t ...
CEO Compensation Analysis
Compensation vs Market: Sai Chuen's total compensation ($USD348.42K) is above average for companies of similar size in the Hong Kong market ($USD223.92K).
Compensation vs Earnings: Sai Chuen's compensation has increased by more than 20% in the past year.
|Chairman & CEO||no data||HK$2.70m||56.25% HK$51.2m|
|COO & Executive Director||3.17yrs||HK$2.19m||18.75% HK$17.1m|
|Executive Director||2.83yrs||HK$1.98m||no data|
|Compliance Officer & Executive Director||0.17yr||no data||no data|
|Independent Non-Executive Director||0.33yr||no data||no data|
|Independent Non-Executive Director||2.42yrs||HK$240.00k||no data|
|Independent Non-Executive Director||0.33yr||no data||no data|
Experienced Board: 8501's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Sanbase Corporation Limited's company bio, employee growth, exchange listings and data sources
- Name: Sanbase Corporation Limited
- Ticker: 8501
- Exchange: SEHK
- Founded: 2009
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: HK$91.000m
- Shares outstanding: 200.00m
- Website: https://www.sanbase.com.hk
Number of Employees
- Sanbase Corporation Limited
- Loon Kee Building
- 16th Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|8501||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 2018|
Sanbase Corporation Limited, an investment holding company, engages in the provision of interior fit-out management and solutions in Hong Kong and the People’s Republic of China. It undertakes bare shell fit-out, restacking, reinstatement, design, churn works, and maintenance and other services. The company was founded in 2009 and is headquartered in Central, Hong Kong. Sanbase Corporation Limited is a subsidiary of Madison Square International Investment Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/30 13:43|
|End of Day Share Price||2020/05/29 00:00|
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.