SEHK:122

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Executive Summary

Crocodile Garments Limited, together with its subsidiaries, engages in the manufacture, retail, and wholesale of garments and related accessories in Hong Kong and the People’s Republic of China. More Details


Snowflake Analysis

Adequate balance sheet and fair value.


Similar Companies

Share Price & News

How has Crocodile Garments's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 122 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

3.1%

122

1.6%

HK Luxury

-0.3%

HK Market


1 Year Return

-38.9%

122

11.5%

HK Luxury

0.7%

HK Market

Return vs Industry: 122 underperformed the Hong Kong Luxury industry which returned 7.9% over the past year.

Return vs Market: 122 underperformed the Hong Kong Market which returned 0.9% over the past year.


Shareholder returns

122IndustryMarket
7 Day3.1%1.6%-0.3%
30 Day0%8.7%0.2%
90 Day-2.9%30.2%0.3%
1 Year-38.9%-38.9%13.7%11.5%4.9%0.7%
3 Year-62.8%-63.3%47.1%35.4%-5.8%-16.1%
5 Year-65.5%-66.0%74.0%48.6%14.0%-5.4%

Price Volatility Vs. Market

How volatile is Crocodile Garments's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Crocodile Garments 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: 122 (HK$0.33) is trading below our estimate of fair value (HK$6.44)

Significantly Below Fair Value: 122 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 122 is unprofitable, so we can't compare its PE Ratio to the HK Luxury industry average.

PE vs Market: 122 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 122's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 122 is good value based on its PB Ratio (0.2x) compared to the HK Luxury industry average (0.7x).


Next Steps

Future Growth

How is Crocodile Garments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

36.4%

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 Crocodile Garments 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 Crocodile Garments performed over the past 5 years?

-5.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 122 is currently unprofitable.

Growing Profit Margin: 122 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 122 is unprofitable, and losses have increased over the past 5 years at a rate of 5.8% per year.

Accelerating Growth: Unable to compare 122's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 122 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-29.5%).


Return on Equity

High ROE: 122 has a negative Return on Equity (-11.43%), as it is currently unprofitable.


Next Steps

Financial Health

How is Crocodile Garments's financial position?


Financial Position Analysis

Short Term Liabilities: 122's short term assets (HK$363.4M) do not cover its short term liabilities (HK$707.3M).

Long Term Liabilities: 122's short term assets (HK$363.4M) exceed its long term liabilities (HK$56.6M).


Debt to Equity History and Analysis

Debt Level: 122's debt to equity ratio (36.2%) is considered satisfactory.

Reducing Debt: 122's debt to equity ratio has reduced from 38.7% to 36.2% over the past 5 years.

Debt Coverage: 122's debt is well covered by operating cash flow (28.8%).

Interest Coverage: Insufficient data to determine if 122's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Crocodile Garments's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 122's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 122'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 122's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 122's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 122 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 122'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?

16.1yrs

Average board tenure


CEO

Kin Ming Lam (83 yo)

14.67yrs

Tenure

HK$7,209,000

Compensation

Dr. Kin Ming Lam, also known as Lawrence, served as Chief Executive Officer of Crocodile Graments Limited at Lai Sun Garment (International) Limited since February 2006. Dr. Lam has been the Chairman of La ...


CEO Compensation Analysis

Compensation vs Market: Kin Ming's total compensation ($USD930.19K) is above average for companies of similar size in the Hong Kong market ($USD233.46K).

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


Board Members

NamePositionTenureCompensationOwnership
Kin Ming Lam
Chairman & CEO14.67yrsHK$7.21m51.84%
HK$ 157.2m
Wai Shan Lam
Deputy CEO & Executive Director14.67yrsHK$3.49m0.58%
HK$ 1.8m
Yee Hwa Wan
Executive Director26.83yrsHK$370.00k0.064%
HK$ 195.2k
Kin Ngok Lam
Executive Director33yrsHK$10.00kno data
Kin Hong Lam
Executive Director21.25yrsHK$10.00kno data
Shu Leung
Independent Non-Executive Director9.67yrsHK$144.00kno data
Sui Sang Yeung
Independent Non Executive Director19yrsHK$144.00kno data
Bing Chiu Chow
Independent Non Executive Director16.08yrsHK$144.00kno data
Suk Ying Lam
Non Executive Director13.83yrsHK$96.00kno data

16.1yrs

Average Tenure

69yo

Average Age

Experienced Board: 122's board of directors are seasoned and experienced ( 16.1 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

Crocodile Garments Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Crocodile Garments Limited
  • Ticker: 122
  • Exchange: SEHK
  • Founded:
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: HK$303.214m
  • Shares outstanding: 947.54m
  • Website: https://www.crocodile.com.hk

Number of Employees


Location

  • Crocodile Garments Limited
  • Wing Tai Centre
  • 12th Floor
  • Kwun Tong
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
122SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992

Biography

Crocodile Garments Limited, together with its subsidiaries, engages in the manufacture, retail, and wholesale of garments and related accessories in Hong Kong and the People’s Republic of China. The compan ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 12:38
End of Day Share Price2020/10/20 00:00
Earnings2020/01/31
Annual Earnings2019/07/31


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.