SEHK:1178

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Executive Summary

Huiyin Holdings Group Limited, an investment holding company, engages in the bioenergy, healthcare food, edible bird’s nest, electronic and scandium oxide, and honey businesses in the People’s Republic of China and Hong Kong.


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 1178's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

92.4%

1178

8.5%

HK Luxury

5.8%

HK Market


1 Year Return

-65.3%

1178

10.1%

HK Luxury

-4.0%

HK Market

Return vs Industry: 1178 underperformed the Hong Kong Luxury industry which returned 8.8% over the past year.

Return vs Market: 1178 underperformed the Hong Kong Market which returned -5.3% over the past year.


Shareholder returns

1178IndustryMarket
7 Day92.4%8.5%5.8%
30 Day101.1%10.5%4.0%
90 Day7.9%2.3%-2.6%
1 Year-65.3%-65.3%12.8%10.1%-0.6%-4.0%
3 Year-91.6%-91.6%35.4%22.6%1.3%-9.2%
5 Year-96.9%-96.9%32.5%11.6%-9.2%-23.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Huiyin Holdings Group 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: 1178 (HK$0.17) is trading below our estimate of fair value (HK$25.22)

Significantly Below Fair Value: 1178 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1178 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: 1178 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 1178's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1178 is good value based on its PB Ratio (0.4x) compared to the HK Luxury industry average (0.7x).


Next Steps

Future Growth

How is Huiyin Holdings Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.2%

Forecasted Consumer Durables 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 Huiyin Holdings Group 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 Huiyin Holdings Group performed over the past 5 years?

-11.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1178 is currently unprofitable.

Growing Profit Margin: 1178 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1178 is unprofitable, and losses have increased over the past 5 years at a rate of -11.9% per year.

Accelerating Growth: Unable to compare 1178's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1178 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (3%).


Return on Equity

High ROE: 1178 has a negative Return on Equity (-13.18%), as it is currently unprofitable.


Next Steps

Financial Health

How is Huiyin Holdings Group's financial position?


Financial Position Analysis

Short Term Liabilities: 1178's short term assets (HK$127.0M) exceed its short term liabilities (HK$35.5M).

Long Term Liabilities: 1178's short term assets (HK$127.0M) exceed its long term liabilities (HK$1.9M).


Debt to Equity History and Analysis

Debt Level: 1178 is debt free.

Reducing Debt: 1178 has no debt compared to 5 years ago when its debt to equity ratio was 4.8%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 1178 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 1178 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 11.2% per year.


Next Steps

Dividend

What is Huiyin Holdings Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1178's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1178'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 1178's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1178'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 1178'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?

1.5yrs

Average management tenure


CEO

Kit Kam (39yo)

1.5yrs

Tenure

HK$502,000

Compensation

Mr. Kam Kit has been Executive Director, Chairman of the Board and Chief Executive Officer of Huiyin Holdings Group Limited since December 27, 2018. Mr. Kam obtained a Bachelor’s Degree in Commerce and a  ...


CEO Compensation Analysis

Compensation vs Market: Kit's total compensation ($USD64.77K) is below average for companies of similar size in the Hong Kong market ($USD228.97K).

Compensation vs Earnings: Insufficient data to compare Kit's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Kit Kam
Executive Chairman & CEO1.5yrsHK$502.00kno data
Christina Chan
Executive Director3yrsHK$2.16mno data
Jianping Liu
Executive Director1.5yrsHK$123.00kno data
Yanni Ling
Chief Strategy Officer0.67yrno datano data
Yuet Chan
Group Financial Controller2.67yrsno datano data

1.5yrs

Average Tenure

39yo

Average Age

Experienced Management: 1178's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kit Kam
Executive Chairman & CEO1.5yrsHK$502.00kno data
Christina Chan
Executive Director3yrsHK$2.16mno data
Jianping Liu
Executive Director1.5yrsHK$123.00kno data
Chi Yan Wong
Independent Non-Executive Director2.67yrsHK$184.00kno data
Zhuo Lu
Independent Non-Executive Director1.5yrsHK$62.00kno data
Yanxin Shi
Non-Executive Director1.75yrsHK$1.52mno data
Yuchuan Yang
Independent Non-Executive Director1.5yrsHK$62.00kno data

1.5yrs

Average Tenure

37yo

Average Age

Experienced Board: 1178's board of directors are not considered experienced ( 1.5 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Huiyin Holdings Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Huiyin Holdings Group Limited
  • Ticker: 1178
  • Exchange: SEHK
  • Founded: 1992
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: HK$50.602m
  • Shares outstanding: 297.66m
  • Website: https://null

Number of Employees


Location

  • Huiyin Holdings Group Limited
  • Convention and Exhibition Centre
  • Floor 8
  • Zhuhai
  • Guangdong Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1178SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDFeb 2002
1178SEHK (The Stock Exchange of Hong Kong Ltd.)HKD0.025 HKHKDJan 2018

Biography

Huiyin Holdings Group Limited, an investment holding company, engages in the bioenergy, healthcare food, edible bird’s nest, electronic and scandium oxide, and honey businesses in the People’s Republic of China and Hong Kong. It operates through seven segments: BIOenergy Products, Healthcare Food Products, Edible Bird’s Nest Products, Electronic and Scandium Oxide Products, Honey Products, Property Investment, and Others. It manufactures and trades in bedding products, underclothing and body protection accessories, and multi-functional water generators. The company also trades in healthcare food products, edible bird’s nest products, electronic and scandium oxide products, and honey products. In addition, it engages in property investment and rental activities; and provision of loan financing services. The company was formerly known as Share Economy Group Limited and changed its name to Huiyin Holdings Group Limited in January 2018. Huiyin Holdings Group Limited was founded in 1992 and is headquartered in Zhuhai, China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/05 12:52
End of Day Share Price2020/06/05 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.