SEHK:2180

Stock Analysis Report

ManpowerGroup Greater China

Executive Summary

ManpowerGroup Greater China Limited, an investment holding company, provides workforce solutions and other HR services to clients in the People’s Republic of China.

Snowflake

Fundamentals

Flawless balance sheet with questionable track record.

Risks

  • ManpowerGroup Greater China is not covered by any analysts.

Share Price & News

How has ManpowerGroup Greater China's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

20.8%

SEHK:2180

-2.2%

HK Professional Services

-0.8%

HK Market


1 Year Return

n/a

SEHK:2180

-54.1%

HK Professional Services

-7.1%

HK Market

No trading data on 2180.

No trading data on 2180.


Share holder returns

2180IndustryMarket
7 Day20.8%-2.2%-0.8%
30 Dayn/a-40.0%-0.7%
90 Dayn/a-47.5%-7.7%
1 Yearn/a-54.1%-54.1%-3.7%-7.1%
3 Yearn/a-42.8%-43.4%28.8%16.0%
5 Yearn/a1.0%-0.8%19.8%-0.4%

Price Volatility Vs. Market

How volatile is ManpowerGroup Greater China's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is ManpowerGroup Greater China undervalued based on future cash flows and its price relative to the stock market?

16.07x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

ManpowerGroup Greater China's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

ManpowerGroup Greater China's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

ManpowerGroup Greater China is overvalued based on earnings compared to the Asia Professional Services industry average.

ManpowerGroup Greater China is overvalued based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for ManpowerGroup Greater China, we can't assess if its growth is good value.


Price Based on Value of Assets

ManpowerGroup Greater China is overvalued based on assets compared to the HK Professional Services industry average.


Next Steps

Future Growth

How is ManpowerGroup Greater China expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if ManpowerGroup Greater China is high growth as no revenue estimate data is available.

ManpowerGroup Greater China's earnings are expected to grow by 2.6% yearly, however this is not considered high growth (20% yearly).

Unable to compare ManpowerGroup Greater China's revenue growth to the Hong Kong market average as no estimate data is available.

ManpowerGroup Greater China's earnings growth is positive but not above the Hong Kong market average.

ManpowerGroup Greater China's earnings growth is expected to exceed the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if ManpowerGroup Greater China will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has ManpowerGroup Greater China performed over the past 5 years?

16.8%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Insufficient data to establish if ManpowerGroup Greater China's year on year earnings growth rate was positive over the past 5 years.

Unable to compare ManpowerGroup Greater China's 1-year earnings growth to the 5-year average due to insufficient past data.

ManpowerGroup Greater China's earnings growth has exceeded the Asia Professional Services industry average in the past year (16.8% vs 13.5%).


Return on Equity

ManpowerGroup Greater China has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

ManpowerGroup Greater China used its assets more efficiently than the Asia Professional Services industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if ManpowerGroup Greater China improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is ManpowerGroup Greater China's financial position?


Financial Position Analysis

ManpowerGroup Greater China is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

ManpowerGroup Greater China's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

ManpowerGroup Greater China has no debt.

ManpowerGroup Greater China currently has no debt however we can't compare to 5 years ago as we have no data for that period.

ManpowerGroup Greater China has no debt, it does not need to be covered by operating cash flow.

ManpowerGroup Greater China has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

ManpowerGroup Greater China has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is ManpowerGroup Greater China's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate ManpowerGroup Greater China's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate ManpowerGroup Greater China's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as ManpowerGroup Greater China has not reported any payouts.

Unable to verify if ManpowerGroup Greater China's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as ManpowerGroup Greater China 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.


Next Steps

Management

What is the CEO of ManpowerGroup Greater China's salary, the management and board of directors tenure and is there insider trading?

2.0yrs

Average management tenure


CEO

Jianhua Yuan (43yo)

3.8yrs

Tenure

Mr. Yuan Jianhua is the Director of ManpowerGroup Greater China Ltd from September 26, 2014 and re-designated as our executive Director on January 18, 2019. Mr. Yuan is primarily responsible for formulatin ...


Management Age and Tenure

2.0yrs

Average Tenure

The tenure for the ManpowerGroup Greater China management team is about average.


Board Age and Tenure

3.9yrs

Average Tenure

50yo

Average Age

The tenure for the ManpowerGroup Greater China board of directors is about average.


Insider Trading

No 3 month individual insider trading information.


Ownership Breakdown


Management Team

  • Jianhua Yuan (43yo)

    CEO, President & Executive Director

    • Tenure: 3.8yrs
  • Zhihui Cui (43yo)

    Chief Financial Officer

    • Tenure: 3.5yrs
  • Xingyue Gao

    Joint Company Secretary

    • Tenure: 0.5yrs
  • Yee Wong

    Joint Company Secretary

    • Tenure: 0.5yrs

Board Members

  • Darryl Green (58yo)

    Chairman

    • Tenure: 3.9yrs
  • Thomas Yeoh (56yo)

    Independent Non-Executive Director

    • Tenure: 0.3yrs
  • Stevie Wong (49yo)

    Independent Non-Executive Director

    • Tenure: 0.3yrs
  • Yinghao Zhang (42yo)

    Non-Executive Director

    • Tenure: 3.9yrs
  • Sriram Chandrasekar (53yo)

    Non-Executive Director

    • Tenure: 3.9yrs
  • Victor Huang (48yo)

    Independent Non-Executive Director

    • Tenure: 0.3yrs
  • Jianhua Yuan (43yo)

    CEO, President & Executive Director

    • Tenure: 4.8yrs
  • Feng Zhai (51yo)

    Non-Executive Director

    • Tenure: 3.9yrs

Company Information

ManpowerGroup Greater China Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: ManpowerGroup Greater China Limited
  • Ticker: 2180
  • Exchange: SEHK
  • Founded: 1997
  • Industry: human resource and employment services
  • Sector: commercial services
  • Market Cap: HK$2.116b
  • Shares outstanding: 200.00m
  • Website: Click here

Number of Employees


Location

  • ManpowerGroup Greater China Limited
  • Building A, 36th Floor
  • Xin Mei Union Square
  • Shanghai
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2180SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJul 2019

Biography

ManpowerGroup Greater China Limited, an investment holding company, provides workforce solutions and other HR services to clients in the People’s Republic of China. It offers flexible staffing solutions to ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/23 13:01
End of Day Share Price2019/07/23 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.