WAC Holdings
Market Cap
HK$1.3b
Last Updated
2020/08/05 13:06 UTC
Data Sources
Company Financials
Executive Summary
WAC Holdings Limited, a construction engineering consultant company, provides structural and geotechnical engineering consultancy services in Hong Kong.
Risk Analysis
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
Share Price & News
How has WAC Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8619's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-10.1%
8619
-0.8%
HK Professional Services
2.0%
HK Market
1 Year Return
-42.0%
8619
-27.4%
HK Professional Services
6.0%
HK Market
Return vs Industry: 8619 underperformed the Hong Kong Professional Services industry which returned -27.4% over the past year.
Return vs Market: 8619 underperformed the Hong Kong Market which returned 6% over the past year.
Shareholder returns
| 8619 | Industry | Market | |
|---|---|---|---|
| 7 Day | -10.1% | -0.8% | 2.0% |
| 30 Day | -25.1% | -3.8% | 1.0% |
| 90 Day | -47.9% | -7.2% | 9.4% |
| 1 Year | -42.0%-42.0% | -27.0%-27.4% | 10.4%6.0% |
| 3 Year | n/a | -40.0%-40.8% | 0.8%-10.1% |
| 5 Year | n/a | 93.5%80.7% | 10.8%-7.8% |
Price Volatility Vs. Market
How volatile is WAC Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
We Think WAC Holdings (HKG:8619) Can Easily Afford To Drive Business Growth2 months ago | Simply Wall St
Read This Before Buying WAC Holdings Limited (HKG:8619) Shares3 months ago | Simply Wall St
The WAC Holdings (HKG:8619) Share Price Has Gained 27% And Shareholders Are Hoping For MoreValuation
Is WAC Holdings undervalued compared to its fair value and its price relative to the market?
20.13x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 8619's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 8619's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 8619 is unprofitable, so we can't compare its PE Ratio to the XA Professional Services industry average.
PE vs Market: 8619 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8619's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8619 is overvalued based on its PB Ratio (20.1x) compared to the HK Professional Services industry average (2x).
Next Steps
Future Growth
How is WAC Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
19.2%
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 WAC 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.
Next Steps
- Examine WAC 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.
- WAC Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Commercial Services industry.
Past Performance
How has WAC Holdings performed over the past 5 years?
-108.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8619 is currently unprofitable.
Growing Profit Margin: 8619 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 8619 is unprofitable, and losses have increased over the past 5 years at a rate of 108% per year.
Accelerating Growth: Unable to compare 8619's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8619 is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (5.4%).
Return on Equity
High ROE: 8619 has a negative Return on Equity (-10.9%), as it is currently unprofitable.
Next Steps
Financial Health
How is WAC Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 8619's short term assets (HK$70.9M) exceed its short term liabilities (HK$10.0M).
Long Term Liabilities: 8619's short term assets (HK$70.9M) exceed its long term liabilities (HK$1.2M).
Debt to Equity History and Analysis
Debt Level: 8619 is debt free.
Reducing Debt: 8619 had no debt 5 years ago.
Debt Coverage: 8619 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8619 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is WAC Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 8619's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 8619'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 8619's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8619'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 8619'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?
2.0yrs
Average board tenure
CEO
Po Lam Kwong (63 yo)
no data
Tenure
HK$2,416,000
Compensation
Mr. Po Lam Kwong served as Executive Director at Win Win Way Construction Holdings Ltd since May 6, 2016 until April 26, 2019 and was responsible for quality and technical assurance. Mr. Kwong has been Exe ...
CEO Compensation Analysis
Compensation vs Market: Po Lam's total compensation ($USD311.74K) is about average for companies of similar size in the Hong Kong market ($USD279.34K).
Compensation vs Earnings: Po Lam's compensation has increased whilst the company is unprofitable.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & Compliance Officer | no data | HK$3.58m | no data | |
| MD & Executive Director | no data | HK$2.42m | no data | |
| Executive Director | 1.17yrs | HK$310.00k | no data | |
| Independent Non Executive Director | 2yrs | HK$100.00k | no data | |
| Independent Non-Executive Director | 2yrs | HK$100.00k | no data | |
| Independent Non-Executive Director | 2yrs | HK$100.00k | no data |
2.0yrs
Average Tenure
58.5yo
Average Age
Experienced Board: 8619's board of directors are not considered experienced ( 2 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
WAC Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: WAC Holdings Limited
- Ticker: 8619
- Exchange: SEHK
- Founded: 1987
- Industry: Research and Consulting Services
- Sector: Commercial Services
- Market Cap: HK$1.296b
- Shares outstanding: 960.00m
- Website: https://www.wcce.hk
Number of Employees
Location
- WAC Holdings Limited
- 9 Wing Hong Street
- Floor 9
- Cheung Sha Wan
- Kowloon
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 8619 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Sep 2018 |
Biography
WAC Holdings Limited, a construction engineering consultant company, provides structural and geotechnical engineering consultancy services in Hong Kong. The company offers structural engineering services, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/08/05 13:06 |
| End of Day Share Price | 2020/08/05 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.