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1486

C Cheng Holdings SEHK:1486 Stock Report

Last Price

HK$0.90

Market Cap

HK$259.4m

7D

-5.3%

1Y

-14.3%

Updated

29 Jun, 2022

Data

Company Financials
1486 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

1486 Stock Overview

C Cheng Holdings Limited, an investment holding company, provides architectural and building information modelling (BIM) services in the People’s Republic of China, Hong Kong, Macau, and internationally.

C Cheng Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for C Cheng Holdings
Historical stock prices
Current Share PriceHK$0.90
52 Week HighHK$1.25
52 Week LowHK$0.65
Beta0.51
1 Month Change9.76%
3 Month Change0%
1 Year Change-14.29%
3 Year Change-58.53%
5 Year Change-61.54%
Change since IPO-15.89%

Recent News & Updates

Jun 16
Does C Cheng Holdings (HKG:1486) Have A Healthy Balance Sheet?

Does C Cheng Holdings (HKG:1486) Have A Healthy Balance Sheet?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Apr 06
Here's What's Concerning About C Cheng Holdings' (HKG:1486) Returns On Capital

Here's What's Concerning About C Cheng Holdings' (HKG:1486) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

Shareholder Returns

1486HK Professional ServicesHK Market
7D-5.3%1.8%3.1%
1Y-14.3%-22.5%-21.2%

Return vs Industry: 1486 exceeded the Hong Kong Professional Services industry which returned -22.3% over the past year.

Return vs Market: 1486 exceeded the Hong Kong Market which returned -20.1% over the past year.

Price Volatility

Is 1486's price volatile compared to industry and market?
1486 volatility
1486 Average Weekly Movement9.1%
Professional Services Industry Average Movement6.5%
Market Average Movement6.9%
10% most volatile stocks in HK Market13.7%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 1486 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 1486's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19851,450Chin Shing Fuhttps://www.cchengholdings.com

C Cheng Holdings Limited, an investment holding company, provides architectural and building information modelling (BIM) services in the People’s Republic of China, Hong Kong, Macau, and internationally. It operates through Comprehensive Architectural Services and BIM Services segments. The Comprehensive Architectural Services segment engages in the provision of architectural, landscape architectural, town planning, interior design, and heritage conservation services.

C Cheng Holdings Fundamentals Summary

How do C Cheng Holdings's earnings and revenue compare to its market cap?
1486 fundamental statistics
Market CapHK$259.43m
Earnings (TTM)-HK$1.14m
Revenue (TTM)HK$861.99m

0.3x

P/S Ratio

-227.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1486 income statement (TTM)
RevenueHK$861.99m
Cost of RevenueHK$699.26m
Gross ProfitHK$162.73m
Other ExpensesHK$163.87m
Earnings-HK$1.14m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.004
Gross Margin18.88%
Net Profit Margin-0.13%
Debt/Equity Ratio14.6%

How did 1486 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 1486 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1486?

Other financial metrics that can be useful for relative valuation.

1486 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.3x
Enterprise Value/EBITDA17.7x
PEG Ration/a

Price to Sales Ratio vs Peers

How does 1486's PS Ratio compare to its peers?

1486 PS Ratio vs Peers
The above table shows the PS ratio for 1486 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average5.7x
8072 Roma Group
2xn/aHK$189.6m
6128 Graphex Group
1.3xn/aHK$519.7m
8619 WAC Holdings
1.2xn/aHK$93.3m
8039 KNK Holdings
18xn/aHK$749.4m
1486 C Cheng Holdings
0.3xn/aHK$259.4m

Price-To-Sales vs Peers: 1486 is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (5.7x).


Price to Earnings Ratio vs Industry

How does 1486's PE Ratio compare vs other companies in the Asian Professional Services Industry?

Price-To-Sales vs Industry: 1486 is good value based on its Price-To-Sales Ratio (0.3x) compared to the Hong Kong Professional Services industry average (1.1x)


Price to Sales Ratio vs Fair Ratio

What is 1486's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1486 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 1486's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 1486 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 1486's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 1486's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1486's PEG Ratio to determine if it is good value.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


18.0%

Forecasted Commercial Services 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 C Cheng 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.


Discover growth companies

  • Examine C Cheng Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • C Cheng Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has C Cheng Holdings performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-33.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1486 is currently unprofitable.

Growing Profit Margin: 1486 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1486 is unprofitable, and losses have increased over the past 5 years at a rate of 33.8% per year.

Accelerating Growth: Unable to compare 1486's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1486 is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (15.3%).


Return on Equity

High ROE: 1486 has a negative Return on Equity (0.86%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is C Cheng Holdings's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1486's short term assets (HK$728.5M) exceed its short term liabilities (HK$305.5M).

Long Term Liabilities: 1486's short term assets (HK$728.5M) exceed its long term liabilities (HK$75.9M).


Debt to Equity History and Analysis

Debt Level: 1486 has more cash than its total debt.

Reducing Debt: 1486 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: 1486's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 1486's interest payments on its debt are not well covered by EBIT (0.9x coverage).


Balance Sheet


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Dividend

What is C Cheng Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1486's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1486'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 1486's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1486's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 1486 is not paying a notable dividend for the Hong Kong market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 1486 has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

8.5yrs

Average management tenure


CEO

Chin Shing Fu (54 yo)

8.5yrs

Tenure

HK$13,971,000

Compensation

Mr. Chin Shing Fu has been the Chief Executive Officer and Executive Director at C Cheng Holdings Limited since December 5, 2013 and serves as its Compliance Officer. Mr. Fu joined C Cheng Holdings Group i...


CEO Compensation Analysis

Compensation vs Market: Chin Shing's total compensation ($USD1.78M) is above average for companies of similar size in the Hong Kong market ($USD233.43K).

Compensation vs Earnings: Chin Shing's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: 1486's management team is seasoned and experienced (8.5 years average tenure).


Board Members

Experienced Board: 1486's board of directors are considered experienced (8.5 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

C Cheng Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: C Cheng Holdings Limited
  • Ticker: 1486
  • Exchange: SEHK
  • Founded: 1985
  • Industry: Research and Consulting Services
  • Sector: Commercial Services
  • Implied Market Cap: HK$259.435m
  • Shares outstanding: 288.26m
  • Website: https://www.cchengholdings.com

Number of Employees


Location

  • C Cheng Holdings Limited
  • North Tower
  • 15th Floor
  • Tsim Sha Tsui
  • 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 Analysis2022/06/29 00:00
End of Day Share Price2022/06/29 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.