SEHK:1086

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Goodbaby International Holdings

Executive Summary

Goodbaby International Holdings Limited, an investment holding company, researches, designs, develops, manufactures, markets, and sells durable juvenile products in Europe, North America, Mainland China, and internationally.


Snowflake Analysis

Undervalued with solid track record.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 1086's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.9%

1086

-5.2%

HK Leisure

-3.7%

HK Market


1 Year Return

-63.4%

1086

-43.6%

HK Leisure

-10.0%

HK Market

Return vs Industry: 1086 underperformed the Hong Kong Leisure industry which returned -43.6% over the past year.

Return vs Market: 1086 underperformed the Hong Kong Market which returned -10% over the past year.


Shareholder returns

1086IndustryMarket
7 Day-2.9%-5.2%-3.7%
30 Day-15.2%-10.0%-1.5%
90 Day-49.6%-23.0%-8.8%
1 Year-63.4%-63.4%-40.7%-43.6%-6.9%-10.0%
3 Year-82.1%-82.3%-50.2%-53.8%-3.9%-13.7%
5 Year-81.4%-82.0%-66.6%-68.1%-16.3%-29.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Goodbaby International Holdings undervalued compared to its fair value and its price relative to the market?

49.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1086 (HK$0.67) is trading below our estimate of fair value (HK$1.32)

Significantly Below Fair Value: 1086 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1086 is poor value based on its PE Ratio (5.5x) compared to the Leisure industry average (4.5x).

PE vs Market: 1086 is good value based on its PE Ratio (5.5x) compared to the Hong Kong market (9.3x).


Price to Earnings Growth Ratio

PEG Ratio: 1086 is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: 1086 is good value based on its PB Ratio (0.2x) compared to the HK Leisure industry average (0.6x).


Next Steps

Future Growth

How is Goodbaby International Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

21.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1086's forecast earnings growth (21.8% per year) is above the savings rate (1.6%).

Earnings vs Market: 1086's earnings (21.8% per year) are forecast to grow faster than the Hong Kong market (16.9% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 1086's revenue (4.6% per year) is forecast to grow slower than the Hong Kong market (10.6% per year).

High Growth Revenue: 1086's revenue (4.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1086's Return on Equity is forecast to be low in 3 years time (6.4%).


Next Steps

Past Performance

How has Goodbaby International Holdings performed over the past 5 years?

9.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1086 has high quality earnings.

Growing Profit Margin: 1086's current net profit margins (2.3%) are higher than last year (1.9%).


Past Earnings Growth Analysis

Earnings Trend: 1086's earnings have grown by 9.4% per year over the past 5 years.

Accelerating Growth: 1086's earnings growth over the past year (23.5%) exceeds its 5-year average (9.4% per year).

Earnings vs Industry: 1086 earnings growth over the past year (23.5%) exceeded the Leisure industry 6%.


Return on Equity

High ROE: 1086's Return on Equity (4%) is considered low.


Next Steps

Financial Health

How is Goodbaby International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1086's short term assets (HK$4.6B) exceed its short term liabilities (HK$3.2B).

Long Term Liabilities: 1086's short term assets (HK$4.6B) exceed its long term liabilities (HK$2.6B).


Debt to Equity History and Analysis

Debt Level: 1086's debt to equity ratio (54.1%) is considered high.

Reducing Debt: 1086's debt to equity ratio has reduced from 96.9% to 54.1% over the past 5 years.

Debt Coverage: 1086's debt is well covered by operating cash flow (24.9%).

Interest Coverage: 1086's interest payments on its debt are not well covered by EBIT (2.3x coverage).


Balance Sheet


Next Steps

Dividend

What is Goodbaby International Holdings's current dividend yield, its reliability and sustainability?

4.67%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1086's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1086'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 1086's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1086's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1086 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 1086'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?

2.7yrs

Average management tenure


CEO

Martin Pos (49yo)

4.33yrs

Tenure

HK$30,692,000

Compensation

Mr. Martin Pos has been the Chief Executive Officer of Goodbaby International Holdings Limited since January 15, 2016 and has been its Executive Director March 18, 2014. Mr. Pos is responsible for the Grou ...


CEO Compensation Analysis

Compensation vs Market: Martin's total compensation ($USD3.96M) is above average for companies of similar size in the Hong Kong market ($USD225.40K).

Compensation vs Earnings: Martin's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Zhenghuan Song
Founder & Chairman4.33yrsHK$3.47mno data
Martin Pos
CEO & Executive Director4.33yrsHK$30.69m2.83% HK$31.6m
Xinyue Xia
COO & Executive Director2.5yrsHK$15.03mno data
Tongyou Liu
Regional Chairman of APAC & Executive Director3.25yrsHK$4.70m1.74% HK$19.5m
Nan Qu
Chairman of Northern & Southern Markets and Executive Director6.17yrsHK$4.40mno data
Wang Qi
Group Legal & Compliance VPno datano datano data
Philip Raum
Senior Vice President of Group Marketingno datano datano data
Raoul Bader
Senior Vice President of Technologies Brandsno datano datano data
David Taylor
Senior Vice President of Group Business Development2.5yrsno datano data
Rongfen Jiang
CEO of China Market Business & CEO of Strategic Brand GB1.5yrsno datano data

2.7yrs

Average Tenure

50yo

Average Age

Experienced Management: 1086's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Zhenghuan Song
Founder & Chairman4.33yrsHK$3.47mno data
Martin Pos
CEO & Executive Director4.33yrsHK$30.69m2.83% HK$31.6m
Xinyue Xia
COO & Executive Director2.5yrsHK$15.03mno data
Tongyou Liu
Regional Chairman of APAC & Executive Director3.25yrsHK$4.70m1.74% HK$19.5m
Nan Qu
Chairman of Northern & Southern Markets and Executive Director6.17yrsHK$4.40mno data
Yun Chiang
Independent Non-Executive Director19.83yrsHK$314.00kno data
Iain Ferguson Bruce
Independent Non-Executive Director9.5yrsHK$470.00kno data
Xiaoguang Shi
Independent Non-Executive Director9.5yrsHK$314.00kno data
Jingqiu Fu
Non-Executive Director2.5yrsHK$1.83mno data
Kwok Yin Ho
Non-Executive Director7.25yrsHK$892.00kno data

6.2yrs

Average Tenure

56.5yo

Average Age

Experienced Board: 1086's board of directors are considered experienced (6.2 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Goodbaby International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Goodbaby International Holdings Limited
  • Ticker: 1086
  • Exchange: SEHK
  • Founded: 1989
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: HK$1.118b
  • Shares outstanding: 1.67b
  • Website: https://www.gbinternational.com.hk

Number of Employees


Location

  • Goodbaby International Holdings Limited
  • 28 East Lufeng Road
  • Lujia Town
  • Kunshan
  • Jiangsu Province
  • 215331
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1086SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 2010
GBHDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2010
GBBY.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 2010
1086SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDNov 2010

Biography

Goodbaby International Holdings Limited, an investment holding company, researches, designs, develops, manufactures, markets, and sells durable juvenile products in Europe, North America, Mainland China, and internationally. It offers children’s car safety seats, strollers, apparels and home textile products, feeding products, nursing and personal care products, cribs, bicycles and tricycles, and other children products. The company also provides safety belts, cloth sets, and car components for children; child cloth beds; bath chairs for children; stadium chairs; sports utilities, e-cars, and wooden products; and child carrying systems, pushchairs, high chairs, and other products for children. In addition, it offers IT services and a share service center; testing services for children’s products, tools, and electronic products; and advisory services for the risk valuation of product quality. Further, the company is involved in the distribution and sale of car safety seats, infant strollers, and other parenting products; and wholesale and retail of children’s products. It also operates flagship stores. The company provides its products under the CYBEX, gb Global, Evenflo, RollPlay, CBX, Exer Saucer, Urbini, and Happy Dino brands. . The company was founded in 1989 and is headquartered in Kunshan, the People's Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/28 13:17
End of Day Share Price2020/05/28 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.