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9913

Chi Kan HoldingsSEHK:9913 Stock Report

Market Cap

HK$3.4b

7D

-1.2%

1Y

820.5%

Updated

14 Oct, 2021

Data

Company Financials
9913 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends0/6

9913 Overview

Chi Kan Holdings Limited provides formwork and other construction services in the People’s Republic of China and Hong Kong.

Rewards

Revenue grew by 20.5% over the past year

Risk Analysis

No risks detected for 9913 from our risk checks.

Price History & Performance

Summary of all time highs, changes and price drops for Chi Kan Holdings
Historical stock prices
Current Share PriceHK$3.36
52 Week HighHK$0.33
52 Week LowHK$4.05
Beta0
1 Month Change-3.45%
3 Month Change12.75%
1 Year Change820.55%
3 Year Changen/a
5 Year Changen/a
Change since IPO690.59%

Recent News & Updates

Jul 29
Some Shareholders Feeling Restless Over Chi Kan Holdings Limited's (HKG:9913) P/E Ratio

Some Shareholders Feeling Restless Over Chi Kan Holdings Limited's (HKG:9913) P/E Ratio

With a price-to-earnings (or "P/E") ratio of 71.3x Chi Kan Holdings Limited ( HKG:9913 ) may be sending very bearish...

Mar 17
Have Insiders Sold Chi Kan Holdings Limited (HKG:9913) Shares Recently?

Have Insiders Sold Chi Kan Holdings Limited (HKG:9913) Shares Recently?

We wouldn't blame Chi Kan Holdings Limited ( HKG:9913 ) shareholders if they were a little worried about the fact that...

Shareholder Returns

9913HK ConstructionHK Market
7D-1.2%-1.2%2.0%
1Y820.5%17.0%3.4%

Return vs Industry: 9913 exceeded the Hong Kong Construction industry which returned 17% over the past year.

Return vs Market: 9913 exceeded the Hong Kong Market which returned 3.4% over the past year.

Price Volatility

Is 9913's price volatile compared to industry and market?
9913 volatility
9913 Beta0
Industry Beta0.59
Market Beta1

Stable Share Price: 9913 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 9913's weekly volatility has decreased from 12% to 3% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1989830n/ahttps://www.chikanck.com

Chi Kan Holdings Limited provides formwork and other construction services in the People’s Republic of China and Hong Kong. The company provide formworks structural works that is required during the procedure of concrete forming and hardening. Chi Kan Holdings Limited was formerly known as Chi Kan Woodworks Company Limited.

Chi Kan Holdings Fundamentals Summary

How do Chi Kan Holdings's earnings and revenue compare to its market cap?
9913 fundamental statistics
Market CapHK$3.36b
Earnings (TTM)HK$42.77m
Revenue (TTM)HK$826.20m

78.6x

P/E Ratio

4.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
9913 income statement (TTM)
RevenueHK$826.20m
Cost of RevenueHK$765.50m
Gross ProfitHK$60.70m
ExpensesHK$17.92m
EarningsHK$42.77m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.043
Gross Margin7.35%
Net Profit Margin5.18%
Debt/Equity Ratio2.8%

How did 9913 perform over the long term?

See historical performance and comparison

Valuation

Is Chi Kan Holdings undervalued compared to its fair value and its price relative to the market?

78.56x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 9913 (HK$3.36) is trading above our estimate of fair value (HK$0.62)

Significantly Below Fair Value: 9913 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 9913 is poor value based on its PE Ratio (78.6x) compared to the Hong Kong Construction industry average (9.7x).

PE vs Market: 9913 is poor value based on its PE Ratio (78.6x) compared to the Hong Kong market (9.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 9913's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 9913 is overvalued based on its PB Ratio (9.4x) compared to the HK Construction industry average (1.1x).


Future Growth

How is Chi Kan Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.6%

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 Chi Kan 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 Chi Kan Holdings performed over the past 5 years?

8.0%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 9913 has high quality earnings.

Growing Profit Margin: 9913's current net profit margins (5.2%) are lower than last year (5.8%).


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 9913's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare 9913's past year earnings growth to its 5-year average.

Earnings vs Industry: 9913 earnings growth over the past year (8%) underperformed the Construction industry 18.5%.


Return on Equity

High ROE: 9913's Return on Equity (11.9%) is considered low.


Financial Health

How is Chi Kan Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 9913's short term assets (HK$470.0M) exceed its short term liabilities (HK$112.1M).

Long Term Liabilities: 9913's short term assets (HK$470.0M) exceed its long term liabilities (HK$131.0K).


Debt to Equity History and Analysis

Debt Level: 9913's debt to equity ratio (2.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 9913's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 9913's debt is well covered by operating cash flow (444.3%).

Interest Coverage: 9913 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Chi Kan Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 9913's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 9913'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 9913's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 9913'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 9913'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?

2.2yrs

Average management tenure


CEO

Chi Kan Holdings has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 9913's management team is considered experienced (2.2 years average tenure).


Board Members

Experienced Board: 9913's board of directors are not considered experienced ( 1.7 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

Chi Kan Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Chi Kan Holdings Limited
  • Ticker: 9913
  • Exchange: SEHK
  • Founded: 1989
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$3.360b
  • Shares outstanding: 1.00b
  • Website: https://www.chikanck.com

Number of Employees


Location

  • Chi Kan Holdings Limited
  • China Shipbuilding Tower
  • Rooms 1008 and 1009, 10 Floor
  • Cheung Sha Wan
  • Kowloon
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/14 10:08
End of Day Share Price2021/10/12 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.