SEHK:935

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Dragon Crown Group Holdings

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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

935

-4.2%

HK Commercial Services

-1.2%

HK Market


1 Year Return

-14.3%

935

74.3%

HK Commercial Services

7.2%

HK Market

Return vs Industry: 935 underperformed the Hong Kong Commercial Services industry which returned 78% over the past year.

Return vs Market: 935 underperformed the Hong Kong Market which returned 7.1% over the past year.


Shareholder returns

935IndustryMarket
7 Day0%-4.2%-1.2%
30 Day14.9%8.8%-0.9%
90 Day1.9%14.0%9.3%
1 Year-10.5%-14.3%78.0%74.3%11.6%7.2%
3 Year-55.8%-60.9%-37.7%-42.6%2.2%-8.8%
5 Year-36.6%-47.6%-53.5%-58.6%19.6%-0.5%

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

Valuation

Is Dragon Crown Group Holdings undervalued compared to its fair value and its price relative to the market?

44.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 935 (HK$0.54) is trading below our estimate of fair value (HK$0.96)

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 (17x) compared to the HK Commercial Services industry average (12x).

PE vs Market: 935 is poor value based on its PE Ratio (17x) compared to the Hong Kong market (10.4x).


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 (0.6x) compared to the HK Commercial Services industry average (0.9x).


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?

29.2%

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 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

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 (-3.5%).


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?

3.70%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 935's dividend (3.7%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.3%).

High Dividend: 935's dividend (3.7%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.87%).


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?

2.1yrs

Average management tenure


CEO

Wai Man Ng (64 yo)

2.92yrs

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 ($USD0.00) is below average for companies of similar size in the Hong Kong market ($USD230.00K).

Compensation vs Earnings: Wai Man's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Yat Chin Chong
Executive Director9.75yrsHK$2.00m1.37%
HK$ 9.0m
Wan Ming Chan
Executive Director9.75yrsHK$1.87m0.015%
HK$ 99.3k
Wai Man Ng
Founder2.92yrsno data73.19%
HK$ 482.4m
Yiu Chung Woo
Chief Financial Officerno datano datano data
Qing Long Zou
Chief Operating Officer2.08yrsno datano data
Sau Ming Chung
Company Secretary0.58yrno datano data

2.1yrs

Average Tenure

55yo

Average Age

Experienced Management: 935's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yat Chin Chong
Executive Director9.75yrsHK$2.00m1.37%
HK$ 9.0m
Wan Ming Chan
Executive Director9.75yrsHK$1.87m0.015%
HK$ 99.3k
Wai Man Ng
Founder2.92yrsno data73.19%
HK$ 482.4m
Jianping Feng
Independent Non-Executive Director2.17yrsHK$240.00kno data
Sik Yuen Lau
Independent Non-Executive Director9.75yrsHK$240.00kno data
Xiaoming Hou
Independent Non-executive Director1.08yrsHK$120.00kno data
Yang Ai Ming
Chairman of the Board of Nanjing Dragon Crown & Weifang Sime Darby Liguid Terminal Co.2.08yrsno datano data

9.8yrs

Average Tenure

58yo

Average Age

Experienced Board: 935's board of directors are considered experienced (9.8 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$659.139m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
935SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 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 c ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/13 01:44
End of Day Share Price2020/08/12 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.