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China Environmental Technology and Bioenergy Holdings

SEHK:1237
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1237
SEHK
HK$241M
Market Cap
  1. Home
  2. HK
  3. Consumer Durables
Company description

China Environmental Technology and Bioenergy Holdings Limited, an investment holding company, manufactures and sells outdoor wooden products in the People's Republic of China and other Asia Pacific countries, North America, Europe, and Australia. The last earnings update was 8 days ago. More info.


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1237 Share Price and Events
7 Day Returns
11.4%
SEHK:1237
0.7%
HK Leisure
-1.9%
HK Market
1 Year Returns
-40%
SEHK:1237
-20.4%
HK Leisure
-5.8%
HK Market
1237 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China Environmental Technology and Bioenergy Holdings (1237) 11.4% 9.9% 6.8% -40% -56.9% -88.9%
HK Leisure 0.7% -0.5% 4.3% -20.4% -31.9% -38.5%
HK Market -1.9% 2.5% 7.1% -5.8% 25.4% 19.3%
1 Year Return vs Industry and Market
  • 1237 underperformed the Leisure industry which returned -20.4% over the past year.
  • 1237 underperformed the Market in Hong Kong which returned -5.8% over the past year.
Price Volatility
1237
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for China Environmental Technology and Bioenergy Holdings's competitors could be found in our database.

Value

 Is China Environmental Technology and Bioenergy Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for China Environmental Technology and Bioenergy Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.078.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for China Environmental Technology and Bioenergy Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China Environmental Technology and Bioenergy Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1237 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥-0.06
SEHK:1237 Share Price ** SEHK (2019-04-25) in HKD HK$0.08
SEHK:1237 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.86 CN¥0.07
Hong Kong Leisure Industry PE Ratio Median Figure of 12 Publicly-Listed Leisure Companies 12.77x
Hong Kong Market PE Ratio Median Figure of 1,477 Publicly-Listed Companies 11.88x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of China Environmental Technology and Bioenergy Holdings.

SEHK:1237 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1237 Share Price ÷ EPS (both in CNY)

= 0.07 ÷ -0.06

-1.12x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Environmental Technology and Bioenergy Holdings is loss making, we can't compare its value to the HK Leisure industry average.
  • China Environmental Technology and Bioenergy Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does China Environmental Technology and Bioenergy Holdings's expected growth come at a high price?
Raw Data
SEHK:1237 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Leisure Industry PEG Ratio Median Figure of 28 Publicly-Listed Leisure Companies 1.82x
Hong Kong Market PEG Ratio Median Figure of 465 Publicly-Listed Companies 0.85x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for China Environmental Technology and Bioenergy Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on China Environmental Technology and Bioenergy Holdings's assets?
Raw Data
SEHK:1237 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥0.31
SEHK:1237 Share Price * SEHK (2019-04-25) in HKD HK$0.08
SEHK:1237 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.86 CN¥0.07
Hong Kong Leisure Industry PB Ratio Median Figure of 21 Publicly-Listed Leisure Companies 1.19x
Hong Kong Market PB Ratio Median Figure of 2,150 Publicly-Listed Companies 1x
SEHK:1237 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1237 Share Price ÷ Book Value per Share (both in CNY)

= 0.07 ÷ 0.31

0.22x

* Primary Listing of China Environmental Technology and Bioenergy Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Environmental Technology and Bioenergy Holdings is good value based on assets compared to the HK Leisure industry average.
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Value checks
We assess China Environmental Technology and Bioenergy Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Leisure industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Leisure industry average (and greater than 0)? (1 check)
  5. China Environmental Technology and Bioenergy Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is China Environmental Technology and Bioenergy Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 China Environmental Technology and Bioenergy 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.3%
Expected Leisure industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China Environmental Technology and Bioenergy Holdings expected to grow at an attractive rate?
  • Unable to compare China Environmental Technology and Bioenergy Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare China Environmental Technology and Bioenergy Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare China Environmental Technology and Bioenergy Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1237 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Leisure Industry Earnings Growth Rate Market Cap Weighted Average 17.3%
Global Leisure Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 11.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1237 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1237 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:1237 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 635 24 -185
2018-09-30 601 -12 -106
2018-06-30 567 -49 -26
2018-03-31 514 -1 -33
2017-12-31 462 48 -41
2017-09-30 454 78 -31
2017-06-30 446 108 -22
2017-03-31 444 98 -22
2016-12-31 442 89 -22
2016-09-30 474 33 -22
2016-06-30 507 -23 -23
2016-03-31 573 5 11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if China Environmental Technology and Bioenergy Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if China Environmental Technology and Bioenergy Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1237 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from China Environmental Technology and Bioenergy Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1237 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:1237 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 -0.06
2018-09-30 -0.03
2018-06-30 -0.01
2018-03-31 -0.01
2017-12-31 -0.01
2017-09-30 -0.01
2017-06-30 -0.01
2017-03-31 -0.01
2016-12-31 -0.01
2016-09-30 -0.01
2016-06-30 -0.01
2016-03-31 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if China Environmental Technology and Bioenergy Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine China Environmental Technology and Bioenergy Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. China Environmental Technology and Bioenergy Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. China Environmental Technology and Bioenergy Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
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Future performance checks
We assess China Environmental Technology and Bioenergy Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
China Environmental Technology and Bioenergy Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has China Environmental Technology and Bioenergy Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare China Environmental Technology and Bioenergy Holdings's growth in the last year to its industry (Leisure).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • China Environmental Technology and Bioenergy Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare China Environmental Technology and Bioenergy Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare China Environmental Technology and Bioenergy Holdings's 1-year growth to the HK Leisure industry average as it is not currently profitable.
Earnings and Revenue History
China Environmental Technology and Bioenergy Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from China Environmental Technology and Bioenergy Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1237 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 634.69 -184.93 72.57
2018-09-30 600.69 -105.54 68.26
2018-06-30 566.69 -26.16 63.95
2018-03-31 514.44 -33.36 64.40
2017-12-31 462.19 -40.56 64.85
2017-09-30 454.06 -31.28 65.92
2017-06-30 445.92 -22.00 66.99
2017-03-31 444.12 -22.15 66.88
2016-12-31 442.33 -22.30 66.77
2016-09-30 474.48 -22.48 72.56
2016-06-30 506.63 -22.67 78.36
2016-03-31 573.32 10.57 78.19
2015-12-31 640.00 43.80 78.02
2015-09-30 686.52 70.78 81.25
2015-06-30 733.05 97.76 84.47
2015-03-31 717.14 94.29 81.23
2014-12-31 701.23 90.81 77.99
2014-09-30 630.10 115.65 70.66
2014-06-30 558.97 140.50 63.33
2014-03-31 517.01 132.46 62.06
2013-12-31 475.05 124.42 60.80
2013-09-30 451.92 98.97 59.88
2013-06-30 428.79 73.52 58.96
2013-03-31 424.98 76.81 51.94
2012-12-31 421.17 80.09 44.92
2012-09-30 393.23 78.55 38.40
2012-06-30 365.29 77.01 31.89

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if China Environmental Technology and Bioenergy Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if China Environmental Technology and Bioenergy Holdings has efficiently used its assets last year compared to the HK Leisure industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if China Environmental Technology and Bioenergy Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess China Environmental Technology and Bioenergy Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Leisure industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
China Environmental Technology and Bioenergy Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is China Environmental Technology and Bioenergy Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up China Environmental Technology and Bioenergy Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China Environmental Technology and Bioenergy Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • China Environmental Technology and Bioenergy Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of China Environmental Technology and Bioenergy Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 5.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from China Environmental Technology and Bioenergy Holdings Company Filings, last reported 3 months ago.

SEHK:1237 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 950.55 108.77 38.00
2018-09-30 950.55 108.77 38.00
2018-06-30 1,137.53 194.27 48.07
2018-03-31 1,137.53 194.27 48.07
2017-12-31 1,130.59 249.98 113.50
2017-09-30 1,130.59 249.98 113.50
2017-06-30 1,176.21 375.92 119.06
2017-03-31 1,176.21 375.92 119.06
2016-12-31 1,128.72 414.25 173.99
2016-09-30 1,128.72 414.25 173.99
2016-06-30 1,137.04 459.25 177.32
2016-03-31 1,137.04 459.25 177.32
2015-12-31 1,135.51 413.68 196.90
2015-09-30 1,135.51 413.68 196.90
2015-06-30 891.07 440.73 134.12
2015-03-31 891.07 440.73 134.12
2014-12-31 797.34 413.10 174.14
2014-09-30 797.34 413.10 174.14
2014-06-30 643.41 356.32 134.35
2014-03-31 643.41 356.32 134.35
2013-12-31 477.17 264.75 76.71
2013-09-30 477.17 264.75 76.71
2013-06-30 401.83 224.82 130.03
2013-03-31 401.83 224.82 130.03
2012-12-31 362.24 125.68 70.94
2012-09-30 362.24 125.68 70.94
2012-06-30 192.04 102.45 52.74
  • China Environmental Technology and Bioenergy Holdings's level of debt (11.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (55.5% vs 11.4% today).
  • Debt is well covered by operating cash flow (22.3%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on China Environmental Technology and Bioenergy Holdings's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess China Environmental Technology and Bioenergy Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. China Environmental Technology and Bioenergy Holdings has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is China Environmental Technology and Bioenergy Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from China Environmental Technology and Bioenergy Holdings dividends.
If you bought HK$2,000 of China Environmental Technology and Bioenergy Holdings shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate China Environmental Technology and Bioenergy Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate China Environmental Technology and Bioenergy Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1237 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Leisure Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 2.8%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 966 Stocks 3.5%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.1%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:1237 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
SEHK:1237 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2016-09-27 0.000 0.000
2016-08-31 0.000 0.000
2016-04-26 0.000 0.000
2016-03-29 0.000 0.000
2015-04-10 0.004 1.527
2015-03-26 0.004 0.736
2014-06-11 0.010 1.617
2014-04-10 0.010 1.725
2014-03-24 0.010 1.608
2013-04-10 0.010 1.108
2013-03-25 0.010 0.837

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as China Environmental Technology and Bioenergy Holdings has not reported any payouts.
  • Unable to verify if China Environmental Technology and Bioenergy Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of China Environmental Technology and Bioenergy Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as China Environmental Technology and Bioenergy Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
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Income/ dividend checks
We assess China Environmental Technology and Bioenergy Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can China Environmental Technology and Bioenergy Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China Environmental Technology and Bioenergy Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of China Environmental Technology and Bioenergy Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Zheyan Wu
COMPENSATION CN¥1,149,000
AGE 39
CEO Bio

Mr. Zheyan Wu serves as the Chief Executive Officer at Merry Garden Holdings Limited. Mr. Wu joined Zhangping Kimura as a workshop director since 1997 and obtained knowledge and experiences in the timber products industry including the production process, research and development works and the invention process of new timber products. He became the general manager in May 2000 and the director and legal representative of Zhangping Kimura in January 2006. Besides, he served as the Chairman of Fuyuan Wood Farm, a company which runs the retail business of flowers, nursery stocks, logs, small diameter timber and fuelwood, from November 2005 to November 2007. He has been the chairman of Jiupengxi since April 2004. He served as Chairman of the Board of Merry Garden Holdings Limited until August 12, 2015. He serves as Executive Director of Merry Garden Holdings Limited. He is also a vice president of the 5th session of the Council of Fujian Youth Chamber of Commerce, a member of Longyan People’s Congress, a member of the standing committee of Zhangping People’s Congress and a vice president of the Zhangping Charity Federation. From 2005 to date Mr. Wu has received a number of recognitions for his outstanding achievements, including the 11th session of the 10 Outstanding Young Farmers of China, Brilliant Undertakings National Land Greenery Contribution Award, National Greenery Award and Rural Youth Leader for Enrichment by Entrepreneurship in China. As at the Latest Practicable Date, Mr. Wu had invented 37 patented products and is the inventor of 42 pending patent applications. Mr. Wu graduated from Sichuan University in June 2009 with a Junior College Diploma in business administration (Distance education).

CEO Compensation
  • Zheyan's compensation has been consistent with company performance over the past year.
  • Zheyan's remuneration is about average for companies of similar size in Hong Kong.
Management Team

Qingmei Xie

TITLE
Chairman
COMPENSATION
CN¥107K
AGE
50

Zheyan Wu

TITLE
CEO & Executive Director
COMPENSATION
CN¥1M
AGE
39

Dongping Wu

TITLE
Founder & Director
COMPENSATION
CN¥144K
AGE
63

Tianfu Chen

TITLE
Chief Financial Officer
AGE
52

Kin Yee Lee

TITLE
Company Secretary
AGE
34
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the China Environmental Technology and Bioenergy Holdings board of directors in years:

6.8
Average Tenure
58
Average Age
  • The tenure for the China Environmental Technology and Bioenergy Holdings board of directors is about average.
Board of Directors

Qingmei Xie

TITLE
Chairman
COMPENSATION
CN¥107K
AGE
50
TENURE
2.9 yrs

Zheyan Wu

TITLE
CEO & Executive Director
COMPENSATION
CN¥1M
AGE
39
TENURE
7.5 yrs

Dongping Wu

TITLE
Founder & Director
COMPENSATION
CN¥144K
AGE
63
TENURE
6.8 yrs

Hin Chi Lam

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥104K
AGE
54
TENURE
6.8 yrs

Zhongwei Jin

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥98K
AGE
80
TENURE
6.8 yrs

Wenqiang Su

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥98K
AGE
62
TENURE
6.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess China Environmental Technology and Bioenergy Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. China Environmental Technology and Bioenergy Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Did Changing Sentiment Drive China Environmental Technology and Bioenergy Holdings's (HKG:1237) Share Price Down A Painful 91%?

Imagine if you held China Environmental Technology and Bioenergy Holdings Limited (HKG:1237) for half a decade as the share price tanked 91%. … China Environmental Technology and Bioenergy Holdings isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … Over half a decade China Environmental Technology and Bioenergy Holdings reduced its trailing twelve month revenue by 2.4% for each year.

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Are China Environmental Technology and Bioenergy Holdings Limited's (HKG:1237) Interest Costs Too High?

Investors are always looking for growth in small-cap stocks like China Environmental Technology and Bioenergy Holdings Limited (HKG:1237), with a market cap of HK$241m. … However, an important fact which most ignore is: how financially healthy is the business?

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What You Must Know About China Environmental Technology and Bioenergy Holdings Limited's (HKG:1237) Beta Value

Volatility is considered to be a measure of risk in modern finance theory. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

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What Type Of Shareholder Owns China Environmental Technology and Bioenergy Holdings Limited's (HKG:1237)?

The big shareholder groups in China Environmental Technology and Bioenergy Holdings Limited (HKG:1237) have power over the company. … China Environmental Technology and Bioenergy Holdings is not a large company by global standards. … Check out our latest analysis for China Environmental Technology and Bioenergy Holdings

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What does China Environmental Technology and Bioenergy Holdings Limited's (HKG:1237) Balance Sheet Tell Us About Its Future?

Investors are always looking for growth in small-cap stocks like China Environmental Technology and Bioenergy Holdings Limited (HKG:1237), with a market cap of HK$284m. … However, an important fact which most ignore is: how financially healthy is the business?

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How Does Investing In China Environmental Technology and Bioenergy Holdings Limited (HKG:1237) Impact The Volatility Of Your Portfolio?

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful. … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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What You Must Know About China Environmental Technology and Bioenergy Holdings Limited's (HKG:1237) Financial Strength

While small-cap stocks, such as China Environmental Technology and Bioenergy Holdings Limited (HKG:1237) with its market cap of CN¥284.13m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … the current state of its operations and pathway to profitability.

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What Are The Drivers Of China Environmental Technology and Bioenergy Holdings Limited's (HKG:1237) Risks?

For China Environmental Technology and Bioenergy Holdings Limited’s (HKG:1237) shareholders, and also potential investors in the stock, understanding how the stock’s risk and return characteristics can impact your portfolio is important. … The first risk to consider is company-specific, which can be diversified away when you invest in other companies in the same industry as 1237, because it is rare that an entire industry collapses at once. … The second risk is market-wide, which arises from investing in the stock market.

Simply Wall St -

China Environmental Technology and Bioenergy Holdings Limited (HKG:1237): How Does It Impact Your Portfolio?

China Environmental Technology and Bioenergy Holdings has a beta of 1.4, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … A high level of beta means investors face higher risk associated with potential gains and losses driven by market movements. … A market capitalisation of HK$416.93M puts 1237 in the category of small-cap stocks, which tends to possess higher beta than larger companies.

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Should You Be Concerned About China Environmental Technology and Bioenergy Holdings Limited's (HKG:1237) Investors?

Insider Ownership Another important group of shareholders are company insiders. … Private Company Ownership Potential investors in 1237 should also look at another important group of investors: private companies, with a stake of 22.31%, who are primarily invested because of strategic and capital gain interests. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: Institutional ownership in 1237 is not at a level that would concern investors.

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Company Info

Description

China Environmental Technology and Bioenergy Holdings Limited, an investment holding company, manufactures and sells outdoor wooden products in the People's Republic of China and other Asia Pacific countries, North America, Europe, and Australia. It operates through four segments: Manufacturing and Sales of Wooden Products; Retail Business; Projects of Outdoor Wooden Products; and Manufacturing and Sales of Renewable Energy Products. The company produces and sells leisure household products and timber houses, and related parts and structures. It offers timber villas for leisure resort clubs, tourist scenic spots, and parks; non-residential timber sheds for leisure or storage purposes, including pavilions and gazebos, etc.; and timber logs. The company also provides recreational products, such as play swings, sand tables, and outdoor rocking chairs for children; outdoor furniture products comprising tables and chairs; indoor furniture products that include beds and cabinets; landscape garden products, including flower carts, railings, and litter bins; and pet-home products consisting of bird houses, dog homes and playhouses, rabbit hutches, hamster cages, etc. In addition, it trades in timber; recycles and produces renewable energy products, such as biomass pellet fuels; and undertakes projects for providing design and installation services for outdoor wooden products. Further, the company is involved in the retail sale of outdoor wooden products through self-operated retail shops; and manufacture and sale of electronics products. The company was formerly known as Merry Garden Holdings Limited and changed its name to China Environmental Technology and Bioenergy Holdings Limited in July 2016. The company was founded in 1995 and is headquartered in Zhangping, the People's Republic of China.

Details
Name: China Environmental Technology and Bioenergy Holdings Limited
1237
Exchange: SEHK
Founded: 1995
HK$240,890,130
3,088,335,000
Website: http://www.merrygardenholdings.com
Address: China Environmental Technology and Bioenergy Holdings Limited
Fushan Industrial District,
Zhangping,
Fujian Province, China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1237 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 06. Jul 2012
SEHK 1237 HKD0.01 The Stock Exchange of Hong Kong Ltd. HK HKD 26. Apr 2019
Number of employees
Current staff
Staff numbers
426
China Environmental Technology and Bioenergy Holdings employees.
Industry
Leisure Products
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/26 13:03
End of day share price update: 2019/04/25 00:00
Last estimates confirmation: 2018/03/26
Last earnings filing: 2019/04/18
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.