SEHK:1028

Stock Analysis Report

C.banner International Holdings

Executive Summary

C.banner International Holdings Limited, an investment holding company, manufactures, sells, and retails women’s formal and casual footwear primarily in the People’s Republic of China, the United Kingdom, the United States, and internationally.

Snowflake

Fundamentals

Excellent balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has C.banner International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-7.0%

1028

-2.7%

HK Luxury

0.3%

HK Market


1 Year Return

-51.8%

1028

24.1%

HK Luxury

1.3%

HK Market

Return vs Industry: 1028 underperformed the Hong Kong Luxury industry which returned 24.1% over the past year.

Return vs Market: 1028 underperformed the Hong Kong Market which returned 1.3% over the past year.


Shareholder returns

1028IndustryMarket
7 Day-7.0%-2.7%0.3%
30 Day7.3%4.3%0.5%
90 Day-24.3%2.5%-4.6%
1 Year-51.8%-51.8%28.5%24.1%4.9%1.3%
3 Year-87.6%-87.6%43.3%26.2%15.3%3.7%
5 Year-89.1%-89.1%43.0%15.2%20.0%-0.006%

Price Volatility Vs. Market

How volatile is C.banner International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is C.banner International Holdings undervalued compared to its fair value and its price relative to the market?

31.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1028 (HK$0.27) is trading below our estimate of fair value (HK$0.39)

Significantly Below Fair Value: 1028 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 1028 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: 1028 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 1028's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1028 is good value based on its PB Ratio (0.3x) compared to the HK Luxury industry average (0.9x).


Next Steps

Future Growth

How is C.banner International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

59.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1028 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 1028 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 1028 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if 1028's revenue is forecast to grow faster than the Hong Kong market.

High Growth Revenue: Insufficient data to determine if 1028's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 1028's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has C.banner International Holdings performed over the past 5 years?

-59.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 1028 is unprofitable, and losses have increased over the past 5 years at a rate of -59.6% per year.

Accelerating Growth: Unable to compare 1028's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1028 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-4.9%).


Return on Equity

High ROE: 1028 has a negative Return on Equity (-24.98%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 1028 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 1028 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is C.banner International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1028's short term assets (CN¥2.8B) exceeds its short term liabilities (CN¥1.7B)

Long Term Liabilities: 1028's short term assets (2.8B) exceeds its long term liabilities (183.2M)


Debt to Equity History and Analysis

Debt Level: 1028's debt to equity ratio (16.1%) is considered satisfactory

Reducing Debt: 1028's debt to equity ratio has reduced from 21.7% to 16.1% over the past 5 years.

Debt Coverage: 1028's debt is well covered by operating cash flow (64.7%).

Interest Coverage: Insufficient data to determine if 1028's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: 1028 has a high level of physical assets or inventory.

Debt Coverage by Assets: 1028's debt is covered by short term assets (assets are 10.789150x debt).


Next Steps

Dividend

What is C.banner International Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.3%markettop25%6.2%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 1028's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1028's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 1028's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1028's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1028 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1028's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

What is the CEO of C.banner International Holdings's salary, the management and board of directors tenure and is there insider trading?

8.4yrs

Average management tenure


CEO

Wei Zhao (52yo)

5yrs

Tenure

CN¥1,221,000

Compensation

Mr. Wei Zhao has been the President and Executive Director of C.Banner International Holdings Limited since October 23, 2014. Mr. Zhao served as Vice President of Hongguo International Holdings Limited and ...


CEO Compensation Analysis

Compensation vs. Market: Wei's total compensation ($USD172.53K) is about average for companies of similar size in the Hong Kong market ($USD215.97K).

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


Management Age and Tenure

8.4yrs

Average Tenure

51yo

Average Age

Experienced Management: 1028's management team is seasoned and experienced (8.4 years average tenure).


Board Age and Tenure

6.8yrs

Average Tenure

52yo

Average Age

Experienced Board: 1028's board of directors are considered experienced (6.8 years average tenure).


Insider Trading

Insider Buying: 1028 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellCN¥14,15017 Oct 19
Yixi Chen
EntityIndividual
Role
Chairman of the Board
Founder & Executive Chairman
Shares50,000
Max PriceCN¥0.28
SellCN¥2,80017 Oct 19
Yixi Chen
EntityIndividual
Role
Chairman of the Board
Founder & Executive Chairman
Shares10,000
Max PriceCN¥0.28

Ownership Breakdown


Management Team

  • Yixi Chen (52yo)

    Founder & Executive Chairman

    • Tenure: 0yrs
    • Compensation: CN¥2.80m
  • Wan Xianghua (51yo)

    Group Vice President

    • Tenure: 0yrs
  • Li Huo (52yo)

    Chief Supervisor

    • Tenure: 18.8yrs
    • Compensation: CN¥1.04m
  • Bingwen Miao (51yo)

    Co-Founder & Non Executive Director

    • Tenure: 17.5yrs
    • Compensation: CN¥175.00k
  • Wei Zhao (52yo)

    President & Executive Director

    • Tenure: 5yrs
    • Compensation: CN¥1.22m
  • Gudjon Reynisson (55yo)

    Chief Executive Officer of Hamleys

    • Tenure: 0yrs
  • Weiming Wu (48yo)

    Group Vice President

    • Tenure: 0yrs
  • Zhenhua Yuan (38yo)

    CFO, Finance Director & Executive Director

    • Tenure: 2.8yrs
    • Compensation: CN¥814.00k
  • Lai Shan So

    Company Secretary

    • Tenure: 1.2yrs
  • Lungui Gong (45yo)

    Group Vice President

    • Tenure: 0yrs

Board Members

  • Yixi Chen (52yo)

    Founder & Executive Chairman

    • Tenure: 0yrs
    • Compensation: CN¥2.80m
  • Li Huo (52yo)

    Chief Supervisor

    • Tenure: 18.8yrs
    • Compensation: CN¥1.04m
  • Bingwen Miao (51yo)

    Co-Founder & Non Executive Director

    • Tenure: 17.5yrs
    • Compensation: CN¥175.00k
  • Wei Zhao (52yo)

    President & Executive Director

    • Tenure: 5yrs
    • Compensation: CN¥1.22m
  • Wilson Kwong (53yo)

    Independent Non Executive Director

    • Tenure: 0yrs
    • Compensation: CN¥175.00k
  • Xindan Li (52yo)

    Independent Non-Executive Director

    • Tenure: 8.2yrs
    • Compensation: CN¥175.00k
  • Hongliang Zheng (61yo)

    Independent Non-Executive Director

    • Tenure: 5.5yrs
    • Compensation: CN¥175.00k
  • Zhenhua Yuan (38yo)

    CFO, Finance Director & Executive Director

    • Tenure: 2.8yrs
    • Compensation: CN¥814.00k

Company Information

C.banner International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: C.banner International Holdings Limited
  • Ticker: 1028
  • Exchange: SEHK
  • Founded: 1995
  • Industry: Footwear
  • Sector: Consumer Durables
  • Market Cap: HK$550.405m
  • Shares outstanding: 2.08b
  • Website: https://www.cbanner.com.cn

Number of Employees


Location

  • C.banner International Holdings Limited
  • Far East Finance Center
  • 29th Floor
  • Hong Kong
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1028SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDSep 2011
1028SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDSep 2011
1028SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDSep 2011

Biography

C.banner International Holdings Limited, an investment holding company, manufactures, sells, and retails women’s formal and casual footwear primarily in the People’s Republic of China, the United Kingdom,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/23 12:50
End of Day Share Price2019/10/23 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.