Loading...

A-Living Services

SEHK:3319
Snowflake Description

Solid track record with high growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
3319
SEHK
HK$14B
Market Cap
  1. Home
  2. HK
  3. Commercial Services
Company description

A-Living Services Co., Ltd., together with its subsidiaries, provide property management and related value-added services in the People’s Republic of China. The last earnings update was 43 days ago. More info.


Add to Portfolio Compare Print
3319 Share Price and Events
7 Day Returns
-2.5%
SEHK:3319
-0.7%
HK Commercial Services
-1.6%
HK Market
1 Year Returns
-8.2%
SEHK:3319
-31.1%
HK Commercial Services
-16.6%
HK Market
3319 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
A-Living Services (3319) -2.5% -15.5% -7.9% -8.2% - -
HK Commercial Services -0.7% -7.2% -2.9% -31.1% -29.7% -39.9%
HK Market -1.6% -9.5% -5.2% -16.6% 24.8% 7.3%
1 Year Return vs Industry and Market
  • 3319 outperformed the Commercial Services industry which returned -31.1% over the past year.
  • 3319 outperformed the Market in Hong Kong which returned -16.6% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for A-Living Services's competitors could be found in our database.

3319 Value

 Is A-Living Services undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of A-Living Services to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for A-Living Services.

SEHK:3319 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 12 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 6.8%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:3319
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.72
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.718 (1 + (1- 25%) (0.32%))
0.812
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.81
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (0.812 * 5.96%)
6.84%

Discounted Cash Flow Calculation for SEHK:3319 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for A-Living Services is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:3319 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 6.84%)
2019 971.11 Analyst x5 908.92
2020 1,292.25 Analyst x4 1,132.03
2021 1,498.53 Analyst x4 1,228.67
2022 1,662.71 Est @ 10.96% 1,275.97
2023 1,800.22 Est @ 8.27% 1,293.02
2024 1,915.25 Est @ 6.39% 1,287.55
2025 2,012.43 Est @ 5.07% 1,266.23
2026 2,096.00 Est @ 4.15% 1,234.35
2027 2,169.52 Est @ 3.51% 1,195.83
2028 2,235.83 Est @ 3.06% 1,153.45
Present value of next 10 years cash flows CN¥11,976.01
SEHK:3319 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CN¥2,235.83 × (1 + 2%) ÷ (6.84% – 2%)
CN¥47,125.17
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥47,125.17 ÷ (1 + 6.84%)10
CN¥24,311.57
SEHK:3319 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥11,976.01 + CN¥24,311.57
CN¥36,287.59
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥36,287.59 / 1,333.33
CN¥27.22
SEHK:3319 Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:3319)
1.137
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥27.22 x 1.137
HK$30.95
Value per share (HKD) From above. HK$30.95
Current discount Discount to share price of HK$11.02
= -1 x (HK$11.02 - HK$30.95) / HK$30.95
64.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price A-Living Services is available for.
Intrinsic value
>50%
Share price is HK$11.02 vs Future cash flow value of HK$30.95
Current Discount Checks
For A-Living Services to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • A-Living Services's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • A-Living Services's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for A-Living Services's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are A-Living Services's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:3319 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥0.62
SEHK:3319 Share Price ** SEHK (2019-05-22) in HKD HK$11.02
SEHK:3319 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.879 CN¥9.69
Hong Kong Commercial Services Industry PE Ratio Median Figure of 50 Publicly-Listed Commercial Services Companies 13.62x
Hong Kong Market PE Ratio Median Figure of 1,478 Publicly-Listed Companies 11.06x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of A-Living Services.

SEHK:3319 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:3319 Share Price ÷ EPS (both in CNY)

= 9.69 ÷ 0.62

15.68x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • A-Living Services is overvalued based on earnings compared to the HK Commercial Services industry average.
  • A-Living Services is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does A-Living Services's expected growth come at a high price?
Raw Data
SEHK:3319 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 15.68x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts
17.4%per year
Hong Kong Commercial Services Industry PEG Ratio Median Figure of 8 Publicly-Listed Commercial Services Companies 0.72x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

SEHK:3319 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 15.68x ÷ 17.4%

0.9x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • A-Living Services is good value based on expected growth next year.
Price based on value of assets
What value do investors place on A-Living Services's assets?
Raw Data
SEHK:3319 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥4.07
SEHK:3319 Share Price * SEHK (2019-05-22) in HKD HK$11.02
SEHK:3319 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.879 CN¥9.69
Hong Kong Commercial Services Industry PB Ratio Median Figure of 68 Publicly-Listed Commercial Services Companies 1.3x
Hong Kong Market PB Ratio Median Figure of 2,157 Publicly-Listed Companies 0.97x
SEHK:3319 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:3319 Share Price ÷ Book Value per Share (both in CNY)

= 9.69 ÷ 4.07

2.38x

* Primary Listing of A-Living Services.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • A-Living Services is overvalued based on assets compared to the HK Commercial Services industry average.
X
Value checks
We assess A-Living Services's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. A-Living Services has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

3319 Future Performance

 How is A-Living Services expected to perform in the next 1 to 3 years based on estimates from 12 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is A-Living Services expected to grow at an attractive rate?
  • A-Living Services's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • A-Living Services's earnings growth is expected to exceed the Hong Kong market average.
  • A-Living Services's revenue growth is expected to exceed the Hong Kong market average.
Annual Growth Rates Comparison
Raw Data
SEHK:3319 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:3319 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 12 Analysts 17.4%
SEHK:3319 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 12 Analysts 33.3%
Hong Kong Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 18.5%
Hong Kong Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 24.1%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average -5.7%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:3319 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:3319 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2023-12-31 1,352
2022-12-31 1,255
2021-12-31 10,119 1,709 1,788 7
2020-12-31 7,358 1,288 1,343 12
2019-12-31 5,378 1,008 1,036 12
SEHK:3319 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 3,377 883 801
2018-09-30 2,983 733 666
2018-06-30 2,474 395 510
2018-03-31 2,118 341 400
2017-12-31 1,761 287 290
2017-09-30 1,542 250 229
2017-06-30 1,341 281 198
2017-03-31 1,293 313 180
2016-12-31 1,245 344 161

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • A-Living Services's earnings are expected to grow by 17.4% yearly, however this is not considered high growth (20% yearly).
  • A-Living Services's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:3319 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below

All data from A-Living Services Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:3319 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 1.45 1.56 1.34 6.00
2020-12-31 1.04 1.23 0.82 10.00
2019-12-31 0.80 0.95 0.65 10.00
SEHK:3319 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 0.62
2018-09-30 0.50
2018-06-30 0.46
2018-03-31 0.41
2017-12-31 0.35
2017-09-30 0.11
2017-06-30 0.28
2017-03-31 0.18
2016-12-31 0.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • A-Living Services is expected to efficiently use shareholders’ funds in the future (Return on Equity greater than 20%).
X
Future performance checks
We assess A-Living Services's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
A-Living Services has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

3319 Past Performance

  How has A-Living Services performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare A-Living Services's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • A-Living Services has delivered over 20% year on year earnings growth in the past 5 years.
  • A-Living Services's 1-year earnings growth exceeds its 5-year average (176.5% vs 54.9%)
  • A-Living Services's earnings growth has exceeded the HK Commercial Services industry average in the past year (176.5% vs 27.6%).
Earnings and Revenue History
A-Living Services's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from A-Living Services Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:3319 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 3,376.75 801.05 348.20
2018-09-30 2,983.11 666.30 316.24
2018-06-30 2,474.25 509.90 261.99
2018-03-31 2,117.50 399.81 232.32
2017-12-31 1,760.75 289.73 203.85
2017-09-30 1,541.79 228.90 169.59
2017-06-30 1,341.30 198.48 125.16
2017-03-31 1,293.02 179.57 111.45
2016-12-31 1,244.74 160.67 97.75
2015-12-31 934.41 64.97 45.44
2014-12-31 826.10 41.60 27.30

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • A-Living Services has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • A-Living Services used its assets more efficiently than the HK Commercial Services industry average last year based on Return on Assets.
  • A-Living Services has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess A-Living Services's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
A-Living Services has a total score of 5/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

3319 Health

 How is A-Living Services's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up A-Living Services's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • A-Living Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • A-Living Services's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of A-Living Services's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 146.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from A-Living Services Company Filings, last reported 4 months ago.

SEHK:3319 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 5,510.04 40.76 4,807.99
2018-09-30 5,510.04 40.76 4,807.99
2018-06-30 5,038.68 12.00 4,173.07
2018-03-31 5,038.68 12.00 4,173.07
2017-12-31 1,474.07 60.30 879.77
2017-09-30 1,372.83 66.85 727.76
2017-06-30 160.22 985.83 457.96
2017-03-31 160.22 985.83 457.96
2016-12-31 303.48 848.99 523.16
2015-12-31 102.96 604.44 204.37
2014-12-31 30.93 1,162.81 207.10
  • A-Living Services's level of debt (0.7%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if A-Living Services's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (2167%, greater than 20% of total debt).
  • A-Living Services earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess A-Living Services's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. A-Living Services has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

3319 Dividends

 What is A-Living Services's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
1.55%
Current annual income from A-Living Services dividends. Estimated to be 4.02% next year.
If you bought HK$2,000 of A-Living Services shares you are expected to receive HK$31 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • A-Living Services's pays a lower dividend yield than the bottom 25% of dividend payers in Hong Kong (2.08%).
  • A-Living Services's dividend is below the markets top 25% of dividend payers in Hong Kong (5.8%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:3319 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 12 Analyst Estimates (S&P Global) See Below
Hong Kong Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 25 Stocks 2.3%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 968 Stocks 3.7%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:3319 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2023-12-31
2022-12-31
2021-12-31 0.53 7.00
2020-12-31 0.37 10.00
2019-12-31 0.30 9.00
SEHK:3319 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-04-09 0.150 1.418
2019-03-18 0.150 1.329

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • It is too early to tell whether A-Living Services has stable dividend payments.
  • A-Living Services only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of A-Living Services's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.1x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.7x coverage).
X
Income/ dividend checks
We assess A-Living Services's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can A-Living Services afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. A-Living Services has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

3319 Management

 What is the CEO of A-Living Services's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Fengchao Huang
AGE 56
TENURE AS CEO 0.5 years
CEO Bio

Mr. Fengchao Huang serves as Acting Chief Executive Officer at A-Living Services Co., Ltd since November 09, 2018. He serves as Vice President at Agile Group Holdings Limited. Mr. Huang has been an Executive Director of Agile Group Holdings Limited since March 28, 2014. Mr. Huang serves as an Executive Director since July 21, 2017 and Co-Chairman of the Board of A-Living Services Co., Ltd. He served as Head of Real Estate Management and Regional Head for Hainan and Yunan Region at Agile Group Holdings Limited. He is responsible for the management of Agile's property project business operation outside Guangdong Province. Since 1999, Mr. Huang has been the General Manager of property management division and property development projects in Huadu and Nanhu of Agile Group Holdings Limited. Mr. Huang served as with foreign oil companies, such as ExxonMobil (China) Co. Ltd. and France TOTAL (China) Ltd.

CEO Compensation
  • Insufficient data for Fengchao to compare compensation growth.
  • Insufficient data for Fengchao to establish whether their remuneration is reasonable compared to companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the A-Living Services management team in years:

1.4
Average Tenure
51
Average Age
  • The average tenure for the A-Living Services management team is less than 2 years, this suggests a new team.
Management Team

Xin Feng

TITLE
VP & Executive Director
COMPENSATION
CN¥2M
AGE
46

Cheuk Hung Chan

TITLE
Co-Chairman of the Board
AGE
61
TENURE
1 yrs

Fengchao Huang

TITLE
Co-Chairman & Acting CEO
AGE
56
TENURE
0.5 yrs

Dalong Li

TITLE
Joint Company Secretary & CFO
AGE
33
TENURE
2.8 yrs

Yee Man Choy

TITLE
Joint Company Secretary
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the A-Living Services board of directors in years:

1.8
Average Tenure
54
Average Age
  • The average tenure for the A-Living Services board of directors is less than 3 years, this suggests a new board.
Board of Directors

Xin Feng

TITLE
VP & Executive Director
COMPENSATION
CN¥2M
AGE
46
TENURE
1.8 yrs

Cheuk Hung Chan

TITLE
Co-Chairman of the Board
AGE
61
TENURE
1.8 yrs

Fengchao Huang

TITLE
Co-Chairman & Acting CEO
AGE
56

Kam To Wan

TITLE
Independent Non-Executive Director
AGE
65
TENURE
1.8 yrs

Joseph Wan

TITLE
Independent Non-Executive Director
AGE
64
TENURE
1.8 yrs

Peng Wang

TITLE
Independent Non-Executive Director
AGE
42
TENURE
1.8 yrs

Liru Chen

TITLE
President of the Supervisory Committee
AGE
49
TENURE
1.8 yrs

Xianzhong Wei

TITLE
Non-Executive Director
AGE
54
TENURE
1.8 yrs

Zhengyu Shi

TITLE
Supervisor
AGE
45
TENURE
1.8 yrs

Jianhui Li

TITLE
External Supervisor
AGE
54
TENURE
1.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
17. May 19 Buy Van Eck Associates Corporation Company 14. May 19 14. May 19 4,510,000 HK$11.10 HK$50,058,280
08. May 19 Buy Toscafund Asset Management LLP Company 03. May 19 03. May 19 685,000 HK$12.19 HK$8,350,148
18. Mar 19 Sell Toscafund Asset Management LLP Company 14. Mar 19 14. Mar 19 -261,325 HK$12.20 HK$-3,188,165
11. Feb 19 Sell Toscafund Asset Management LLP Company 08. Feb 19 08. Feb 19 -850,250 HK$10.96 HK$-9,318,740
10. Jan 19 Buy Toscafund Asset Management LLP Company 09. Jan 19 09. Jan 19 702,994 HK$10.60 HK$7,451,734
04. Jan 19 Buy Toscafund Asset Management LLP Company 04. Dec 18 04. Dec 18 37,211 HK$10.12 HK$376,575
07. Dec 18 Sell Toscafund Asset Management LLP Company 04. Dec 18 04. Dec 18 -301,500 HK$11.37 HK$-3,428,930
13. Nov 18 Buy Toscafund Asset Management LLP Company 12. Nov 18 12. Nov 18 2,035,000 HK$9.30 HK$18,934,247
15. Oct 18 Buy Toscafund Asset Management LLP Company 12. Oct 18 12. Oct 18 1,500,000 HK$9.78 HK$14,670,006
13. Sep 18 Buy Toscafund Asset Management LLP Company 12. Sep 18 12. Sep 18 2,000,000 HK$10.92 HK$21,840,000
03. Sep 18 Buy Toscafund Asset Management LLP Company 31. Aug 18 31. Aug 18 21,217,500 HK$14.04 HK$297,893,632
06. Aug 18 Buy Toscafund Asset Management LLP Company 01. Aug 18 01. Aug 18 21,217,500 HK$14.04 HK$297,893,635
04. Jul 18 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 28. Jun 18 28. Jun 18 -1,269,995 HK$14.34 HK$-18,212,241
20. Jun 18 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 14. Jun 18 14. Jun 18 68,758 HK$15.55 HK$1,069,214
25. Jun 18 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 20. Jun 18 20. Jun 18 -2,163,372 HK$15.73 HK$-34,037,851
28. Jun 18 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 25. Jun 18 25. Jun 18 1,280,003 HK$14.57 HK$18,644,263
15. Jun 18 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 12. Jun 18 12. Jun 18 -625,750 HK$14.78 HK$-9,247,395
08. Jun 18 Buy Morgan Stanley, Investment Banking and Brokerage Investments Company 05. Jun 18 05. Jun 18 1,057,501 HK$14.97 HK$15,831,217
07. Jun 18 Sell Chongfan Xu Individual 04. Jun 18 04. Jun 18 -3,641,500 HK$14.70 HK$-53,534,780
01. Jun 18 Sell Morgan Stanley, Investment Banking and Brokerage Investments Company 29. May 18 29. May 18 -220,250 HK$13.03 HK$-2,870,277
X
Management checks
We assess A-Living Services's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. A-Living Services has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

3319 News

Simply Wall St News

What Type Of Shareholder Owns A-Living Services Co., Ltd.'s (HKG:3319)?

The big shareholder groups in A-Living Services Co., Ltd. … Companies that used to be publicly owned tend to have lower insider ownership. … With a market capitalization of HK$16b, A-Living Services is a decent size, so it is probably on the radar of institutional investors.

Simply Wall St -

Did A-Living Services Co., Ltd. (HKG:3319) Insiders Sell Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in A-Living Services Co., Ltd. … Over the last year, we can see that the biggest insider sale was by the , Chongfan Xu, for HK$54m worth of shares, at about HK$14.70 per share. … That means that an insider was selling shares at around the current price of HK$12.72.

Simply Wall St -

Is Now The Time To Put A-Living Services (HKG:3319) On Your Watchlist?

So if you're like me, you might be more interested in profitable, growing companies, like A-Living Services (HKG:3319). … How Fast Is A-Living Services Growing Its Earnings Per Share. … In the last three years A-Living Services's earnings per share took off like a rocket; fast, and from a low base.

Simply Wall St -

The A-Living Services (HKG:3319) Share Price Is Up 16% And Shareholders Are Holding On

We'll need to follow A-Living Services for a while to get a better sense of its share price trend, since it hasn't been listed for particularly long. … One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. … Therefore, it seems the market isn't as excited about A-Living Services as it was before.

Simply Wall St -

A Closer Look At A-Living Services Co., Ltd.'s (HKG:3319) Impressive ROE

A-Living Services has a ROE of 15%, based on the last twelve months. … That means that for every HK$1 worth of shareholders' equity, it generated HK$0.15 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

A-Living Services Co., Ltd. (HKG:3319): Financial Strength Analysis

This article will examine 3319’s financial liquidity and debt levels to get an idea of whether the company can deal with cyclical downturns and maintain funds to accommodate strategic spending for future growth. … Remember this is a very top-level look that focuses exclusively on financial health, so I recommend a deeper analysis. … See our latest analysis for A-Living Services

Simply Wall St -

Consider These Factors, Then Buy A-Living Services Co., Ltd. (HKG:3319)

I'm talking about the well-proven, robust track record A-Living Services Co., Ltd.. … See our latest analysis for A-Living Services. … provides property management services under the Agile Property Management and Greenland Property Services brand focusing on mid- to high-end properties in the People’s Republic of China,

Simply Wall St -

Here's What A-Living Services Co., Ltd.'s (HKG:3319) P/E Is Telling Us

We'll look at A-Living Services Co., Ltd.'s (HKG:3319) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS) … P/E of 19.44 = CN¥8.99 (Note: this is the share price in the reporting currency, namely, CNY ) ÷ CN¥0.46

Simply Wall St -

Why A-Living Services Co., Ltd. (HKG:3319) Could Have A Place In Your Portfolio

As an investor, I look for investments which does not compromise one fundamental factor for another. … By this I mean, I look at stocks holistically, from their financial health to their future outlook.

Simply Wall St -

How Many Insiders Bought A-Living Services Co., Ltd. (HKG:3319) Shares?

We often see insiders buying up shares in companies that perform well over the long term. … So shareholders might well want to know whether insiders have been buying or selling shares in A-Living Services Co., Ltd. … But logic dictates you should pay some attention to whether insiders are buying or selling shares.

Simply Wall St -

3319 Company Info

Description

A-Living Services Co., Ltd., together with its subsidiaries, provide property management and related value-added services in the People’s Republic of China. It operates through three segments: Property Management Services, Asset Management Services, and Community Commercial Services. The company offers property management services, including security, cleaning, greening, gardening, repair and maintenance, etc.; and extended value-added services for property developers, such as sales center property management services, as well as other extended value-added services comprising property marketing agencies and housing inspections. It also provides community asset management services that include club house operation, property lease, apartment operation, community-based advertising, parking lot management, community property operation, and secondhand property agency services; and home improvement services, which comprise turnkey furnishing services. In addition, the company builds smart communities, which comprise informatized business, mobilized services, intelligent application, and automated operations, as well as advertising and tourism services. Further, it provides software engineering, travel agency, real estate marketing, information technology consulting, enterprise management consulting, hotel management, community, and engineering consulting services. The company was formerly known as Agile Property Management Services Co., Ltd. The company was founded in 1997 and is based in Guangzhou, China. A-Living Services Co., Ltd. is a subsidiary of Zhongshan A-Living Enterprise Management Services Co., Ltd.

Details
Name: A-Living Services Co., Ltd.
3319
Exchange: SEHK
Founded: 1997
HK$14,453,340,560
1,333,334,000
Website: http://www.agileliving.com.cn
Address: A-Living Services Co., Ltd.
Agile Center,
35th Floor,
Guangzhou,
Guangdong Province, 510623,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 3319 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong Ltd. HK HKD 09. Feb 2018
Number of employees
Current staff
Staff numbers
18,859
A-Living Services employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 13:06
End of day share price update: 2019/05/22 00:00
Last estimates confirmation: 2019/05/06
Last earnings filing: 2019/04/09
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.