Dragon Crown Group Holdings
Market Cap
HK$500.5m
Last Updated
2020/06/06 13:37 UTC
Data Sources
Company Financials
Executive Summary
Dragon Crown Group Holdings Limited, an investment holding company, provides storage and integrated terminal services for liquid petrochemical products in the People’s Republic of China.
Snowflake Analysis
Excellent balance sheet and fair value.
Share Price & News
How has Dragon Crown Group Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 935's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-6.8%
935
4.7%
HK Commercial Services
5.8%
HK Market
1 Year Return
-40.6%
935
49.5%
HK Commercial Services
-4.0%
HK Market
Return vs Industry: 935 underperformed the Hong Kong Commercial Services industry which returned 49.8% over the past year.
Return vs Market: 935 underperformed the Hong Kong Market which returned -5.3% over the past year.
Shareholder returns
| 935 | Industry | Market | |
|---|---|---|---|
| 7 Day | -6.8% | 4.7% | 5.8% |
| 30 Day | -19.6% | 4.2% | 4.0% |
| 90 Day | -30.5% | 6.7% | -2.6% |
| 1 Year | -38.0%-40.6% | 52.9%49.5% | -0.6%-4.0% |
| 3 Year | -67.8%-71.5% | -39.3%-43.9% | 1.3%-9.2% |
| 5 Year | -51.4%-59.8% | -70.3%-72.7% | -9.2%-23.5% |
Price Volatility Vs. Market
How volatile is Dragon Crown Group Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Read This Before Considering Dragon Crown Group Holdings Limited (HKG:935) For Its Upcoming HK$0.01 Dividend4 weeks ago | Simply Wall St
Is Dragon Crown Group Holdings (HKG:935) Using Too Much Debt?1 month ago | Simply Wall St
Should You Be Tempted To Sell Dragon Crown Group Holdings Limited (HKG:935) Because Of Its P/E Ratio?Valuation
Is Dragon Crown Group Holdings undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 935 (HK$0.41) is trading below our estimate of fair value (HK$0.97)
Significantly Below Fair Value: 935 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 935 is poor value based on its PE Ratio (12.9x) compared to the Commercial Services industry average (11.8x).
PE vs Market: 935 is poor value based on its PE Ratio (12.9x) compared to the Hong Kong market (9.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 935's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 935 is good value based on its PB Ratio (0.5x) compared to the HK Commercial Services industry average (1x).
Next Steps
Future Growth
How is Dragon Crown Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
27.8%
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 Dragon Crown Group 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 whether Dragon Crown Group Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Dragon Crown Group 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 Dragon Crown Group Holdings performed over the past 5 years?
-11.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 935 has high quality earnings.
Growing Profit Margin: 935's current net profit margins (16.9%) are lower than last year (25.5%).
Past Earnings Growth Analysis
Earnings Trend: 935's earnings have declined by -11.3% per year over the past 5 years.
Accelerating Growth: 935's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 935 had negative earnings growth (-42%) over the past year, making it difficult to compare to the Commercial Services industry average (1.6%).
Return on Equity
High ROE: 935's Return on Equity (4.2%) is considered low.
Next Steps
Financial Health
How is Dragon Crown Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 935's short term assets (HK$313.5M) exceed its short term liabilities (HK$85.6M).
Long Term Liabilities: 935's short term assets (HK$313.5M) exceed its long term liabilities (HK$178.3M).
Debt to Equity History and Analysis
Debt Level: 935's debt to equity ratio (18.4%) is considered satisfactory.
Reducing Debt: 935's debt to equity ratio has increased from 13.2% to 18.4% over the past 5 years.
Debt Coverage: 935's debt is well covered by operating cash flow (60.9%).
Interest Coverage: 935 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Dragon Crown Group Holdings's current dividend yield, its reliability and sustainability?
4.88%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 935's dividend (4.88%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.46%).
High Dividend: 935's dividend (4.88%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.13%).
Stability and Growth of Payments
Stable Dividend: 935 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 935 has only been paying a dividend for 8 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (78.7%), 935's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.9yrs
Average management tenure
CEO
Wai Man Ng (63yo)
2.75yrs
Tenure
Mr. Wai Man Ng founded Dragon Crown Group Holdings Limited in 1988 and serves as its Executive Chairman since November 30, 2010. Mr. Ng has been Chief Executive Officer of Dragon Crown Group Holdings Limit ...
CEO Compensation Analysis
Compensation vs Market: Wai Man's total compensation ($USD0.00) is below average for companies of similar size in the Hong Kong market ($USD228.97K).
Compensation vs Earnings: Wai Man's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Director | 9.58yrs | HK$2.00m | 1.37% HK$6.9m | |
| Executive Director | 9.58yrs | HK$1.87m | 0.015% HK$75.4k | |
| Founder | 2.75yrs | no data | 73.19% HK$366.3m | |
| Chief Financial Officer | no data | no data | no data | |
| Chief Operating Officer | 1.92yrs | no data | no data | |
| Company Secretary | 0.42yr | no data | no data |
1.9yrs
Average Tenure
54yo
Average Age
Experienced Management: 935's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Director | 9.58yrs | HK$2.00m | 1.37% HK$6.9m | |
| Executive Director | 9.58yrs | HK$1.87m | 0.015% HK$75.4k | |
| Founder | 2.75yrs | no data | 73.19% HK$366.3m | |
| Independent Non-Executive Director | 2yrs | HK$240.00k | no data | |
| Independent Non-Executive Director | 9.58yrs | HK$240.00k | no data | |
| Independent Non-executive Director | 0.92yr | HK$120.00k | no data | |
| Chairman of the Board of Nanjing Dragon Crown & Weifang Sime Darby Liguid Terminal Co. | 1.92yrs | no data | no data |
9.6yrs
Average Tenure
57yo
Average Age
Experienced Board: 935's board of directors are considered experienced (9.6 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
Dragon Crown Group Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Dragon Crown Group Holdings Limited
- Ticker: 935
- Exchange: SEHK
- Founded: 1990
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: HK$500.457m
- Shares outstanding: 1.22b
- Website: https://www.dragoncrown.com
Number of Employees
Location
- Dragon Crown Group Holdings Limited
- Convention Plaza
- Suite 1803
- Wan Chai
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 935 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jun 2011 |
Biography
Dragon Crown Group Holdings Limited, an investment holding company, provides storage and integrated terminal services for liquid petrochemical products in the People’s Republic of China. It offers liquid chemical storage and handling services, including loading and discharging of liquid chemical products at its jetties; storage of liquid chemical products at its tank farm; and delivery of products through its pipelines and other basic terminal infrastructure. The company operates three terminals located in Nanjing, Ningbo, and Weifang. It also provides marketing, finance and management, accounting, administrative and technical, and business development services. The company was founded in 1990 and is headquartered in Wanchai, Hong Kong. Dragon Crown Group Holdings Limited is a subsidiary of Lirun Limited.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/06/06 13:37 |
| End of Day Share Price | 2020/06/05 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/12/31 |
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.