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988

Silk Road Logistics HoldingsSEHK:988 Stock Report

Market Cap

HK$118.7m

7D

10.8%

1Y

-40.3%

Updated

15 Oct, 2021

Data

Company Financials
988 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health2/6
Dividends0/6

988 Overview

Silk Road Logistics Holdings Limited, an investment holding company, primarily engages in the trading of commodities in the People's Republic of China and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Silk Road Logistics Holdings
Historical stock prices
Current Share PriceHK$0.18
52 Week HighHK$0.13
52 Week LowHK$0.51
Beta0.67
1 Month Change7.56%
3 Month Change-7.50%
1 Year Change-40.32%
3 Year Change-74.31%
5 Year Change-96.44%
Change since IPO-99.99%

Recent News & Updates

Shareholder Returns

988HK Trade DistributorsHK Market
7D10.8%-0.2%1.1%
1Y-40.3%39.1%5.3%

Return vs Industry: 988 underperformed the Hong Kong Trade Distributors industry which returned 38.5% over the past year.

Return vs Market: 988 underperformed the Hong Kong Market which returned 5% over the past year.

Price Volatility

Is 988's price volatile compared to industry and market?
988 volatility
988 Beta0.67
Industry Beta0.94
Market Beta1

Stable Share Price: 988 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: 988's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
199339n/ahttps://www.silkroadlogistics.com.hk

Silk Road Logistics Holdings Limited, an investment holding company, primarily engages in the trading of commodities in the People's Republic of China and internationally. The company operates through Commodities Trading, Oil, and Logistics segments. It is also involved in the exploration, refining, production, and sale of oil; and provision of oil well, and logistics and warehousing services.

Silk Road Logistics Holdings Fundamentals Summary

How do Silk Road Logistics Holdings's earnings and revenue compare to its market cap?
988 fundamental statistics
Market CapHK$118.73m
Earnings (TTM)-HK$375.62m
Revenue (TTM)HK$38.56m

3.1x

P/S Ratio

-0.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
988 income statement (TTM)
RevenueHK$38.56m
Cost of RevenueHK$33.45m
Gross ProfitHK$5.11m
ExpensesHK$380.73m
Earnings-HK$375.62m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.59
Gross Margin13.24%
Net Profit Margin-974.14%
Debt/Equity Ratio-1,404.7%

How did 988 perform over the long term?

See historical performance and comparison

Valuation

Is Silk Road Logistics Holdings undervalued compared to its fair value and its price relative to the market?


Share Price vs. Fair Value

Below Fair Value: 988 (HK$0.19) is trading above our estimate of fair value (HK$0.07)

Significantly Below Fair Value: 988 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 988 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Trade Distributors industry average.

PE vs Market: 988 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 988's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 988 has negative assets, so we can't compare its PB Ratio to the HK Trade Distributors industry average.


Future Growth

How is Silk Road Logistics Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.0%

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 Silk Road Logistics Holdings 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.


Past Performance

How has Silk Road Logistics Holdings performed over the past 5 years?

-4.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 988 is currently unprofitable.

Growing Profit Margin: 988 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 988 is unprofitable, and losses have increased over the past 5 years at a rate of 4.3% per year.

Accelerating Growth: Unable to compare 988's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 988 is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (18.7%).


Return on Equity

High ROE: 988's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Financial Health

How is Silk Road Logistics Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 988 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 988 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 988 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 988's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 988 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 988 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 18.1% per year.


Dividend

What is Silk Road Logistics Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 988's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 988'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 988's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 988's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 988 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 988'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?

0.3yrs

Average management tenure


CEO

Silk Road Logistics Holdings has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 988's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: 988's board of directors are not considered experienced ( 0.3 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.5%.


Top Shareholders

Company Information

Silk Road Logistics Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Silk Road Logistics Holdings Limited
  • Ticker: 988
  • Exchange: SEHK
  • Founded: 1993
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: HK$118.731m
  • Shares outstanding: 641.79m
  • Website: https://www.silkroadlogistics.com.hk

Number of Employees


Location

  • Silk Road Logistics Holdings Limited
  • COFCO Tower
  • 17th Floor
  • Causeway Bay
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 15:37
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.