SEHK:8429

Stock Analysis Report

Executive Summary

Icicle Group Holdings Limited, an investment holding company, provides marketing production services in Hong Kong, the People’s Republic of China and internationally.

Snowflake

Fundamentals

Flawless balance sheet with moderate growth potential.

Risks

  • Icicle Group Holdings is not covered by any analysts.

Share Price & News

How has Icicle Group Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.6%

SEHK:8429

4.4%

HK Commercial Services

1.9%

HK Market


1 Year Return

7.0%

SEHK:8429

0.04%

HK Commercial Services

-10.4%

HK Market

8429 outperformed the Commercial Services industry which returned -1.1% over the past year.

8429 outperformed the Market in Hong Kong which returned -10.5% over the past year.


Share holder returns

8429IndustryMarket
7 Day-2.6%4.4%1.9%
30 Day0%-3.0%-7.5%
90 Day15.2%8.1%-4.4%
1 Year7.3%7.0%2.3%0.04%-7.2%-10.4%
3 Yearn/a-30.8%-35.7%15.3%3.9%
5 Yearn/a-38.2%-44.6%10.1%-8.1%

Price Volatility Vs. Market

How volatile is Icicle Group Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Icicle Group Holdings undervalued based on future cash flows and its price relative to the stock market?

187.47x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

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

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


Price Based on Earnings

Icicle Group Holdings is overvalued based on earnings compared to the HK Commercial Services industry average.

Icicle Group Holdings is overvalued based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Icicle Group Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Icicle Group Holdings is overvalued based on assets compared to the HK Commercial Services industry average.


Next Steps

Future Growth

How is Icicle Group Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Icicle Group Holdings is high growth as no revenue estimate data is available.

Icicle Group Holdings's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Icicle Group Holdings's revenue growth to the Hong Kong market average as no estimate data is available.

Icicle Group Holdings's earnings growth is expected to exceed the Hong Kong market average.

Icicle Group Holdings'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 Icicle Group Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Icicle Group Holdings performed over the past 5 years?

-43.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Icicle Group Holdings's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Icicle Group Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Icicle Group Holdings's 1-year earnings growth is negative, it can't be compared to the HK Commercial Services industry average.


Return on Equity

Icicle Group Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Icicle Group Holdings used its assets less efficiently than the HK Commercial Services industry average last year based on Return on Assets.


Return on Capital Employed

Icicle Group Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Icicle Group Holdings's financial position?


Financial Position Analysis

Icicle Group Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Icicle Group Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Icicle Group Holdings has no debt.

Icicle Group Holdings has not taken on any debt in the past 5 years.

Icicle Group Holdings has no debt, it does not need to be covered by operating cash flow.

Icicle Group Holdings has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Icicle Group Holdings has no debt, it does not need to be covered by short term assets.


Next Steps

Dividend

What is Icicle Group Holdings's current dividend yield, its reliability and sustainability?

0.20%

Current Dividend Yield


Dividend Yield and Payments Analysis

Icicle Group Holdings's pays a lower dividend yield than the bottom 25% of dividend payers in Hong Kong (2.24%).

Icicle Group Holdings's dividend is below the markets top 25% of dividend payers in Hong Kong (6.19%).

Icicle Group Holdings is not paying a notable dividend for Hong Kong, therefore no need to check if the payments are stable.

Icicle Group Holdings is not paying a notable dividend for Hong Kong, therefore no need to check if the payments are increasing.


Current Payout to Shareholders

No need to calculate the sustainability of Icicle Group Holdings's dividends as it is not paying a notable one for Hong Kong.


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 Icicle Group Holdings's salary, the management and board of directors tenure and is there insider trading?

1.8yrs

Average management tenure


CEO

Bonnie Chan Woo (43yo)

1.8yrs

Tenure

HK$1,218,000

Compensation

Ms. Tak Chi Chan Woo, also known as Bonnie, has been an Executive Director of Icicle Group Holdings Limited since January 20, 2017 and serves as its Compliance Officer since April 3, 2017. Ms. Chan Woo i ...


CEO Compensation Analysis

Bonnie's remuneration is lower than average for companies of similar size in Hong Kong.

Bonnie's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Management Age and Tenure

1.8yrs

Average Tenure

44yo

Average Age

The average tenure for the Icicle Group Holdings management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.8yrs

Average Tenure

43yo

Average Age

The average tenure for the Icicle Group Holdings board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Joyce Kwong

    President of Strategic Development

    • Tenure: 0.0yrs
  • Richard Liao

    Partner of Digital Marketing

    • Tenure: 0.0yrs
  • Stephenie Chan (44yo)

    Senior Director of Finance & Operations

    • Tenure: 1.6yrs
  • Bonnie Chan Woo (43yo)

    Chairperson

    • Tenure: 1.8yrs
    • Compensation: HK$1.22m
  • Sum Yi Tsui

    Company Secretary

    • Tenure: 2.3yrs
  • Suet Fun Cheung (46yo)

    Senior Director of Business & Project Management

    • Tenure: 0.0yrs
  • Tik Lam Wong (41yo)

    Director of Business Development

    • Tenure: 0.0yrs
  • Wai Ngai Chan (45yo)

    Director of Printing

    • Tenure: 0.0yrs
  • Chi Fung Lam (37yo)

    Associate Director of Talent & Office Management

    • Tenure: 0.0yrs
  • Vachan Anita (45yo)

    Head of Digital

    • Tenure: 0.0yrs

Board Members

  • Arnold Ip (56yo)

    Independent Non-Executive Director

    • Tenure: 1.8yrs
    • Compensation: HK$120.00k
  • Donald Man (41yo)

    Independent Non-Executive Director

    • Tenure: 1.8yrs
    • Compensation: HK$120.00k
  • Bonnie Chan Woo (43yo)

    Chairperson

    • Tenure: 1.8yrs
    • Compensation: HK$1.22m
  • Evan Chow (37yo)

    Non-Executive Director

    • Tenure: 2.6yrs
  • Alan Hung (45yo)

    Independent Non-Executive Director

    • Tenure: 2.3yrs
    • Compensation: HK$120.00k

Company Information

Icicle Group Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Icicle Group Holdings Limited
  • Ticker: 8429
  • Exchange: SEHK
  • Founded: 2017
  • Industry: Commercial Printing
  • Sector: Commercial Services
  • Market Cap: HK$364.800m
  • Shares outstanding: 480.00m
  • Website: https://www.iciclegroup.com

Number of Employees


Location

  • Icicle Group Holdings Limited
  • 18 King Wah Road
  • Unit 4, 12th Floor
  • North Point
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8429SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2017

Biography

Icicle Group Holdings Limited, an investment holding company, provides marketing production services in Hong Kong, the People’s Republic of China and internationally. The company operates through Physical  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/24 13:12
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
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.