SEHK:1237

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China Environmental Technology and Bioenergy Holdings

Executive Summary

China Environmental Technology and Bioenergy Holdings Limited, an investment holding company, manufactures and sells outdoor wooden products in the People's Republic of China, North America, Europe, other Asia Pacific, and Australasia.


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has China Environmental Technology and Bioenergy Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1237's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.8%

1237

-1.7%

HK Leisure

4.1%

HK Market


1 Year Return

-74.2%

1237

-44.5%

HK Leisure

-5.2%

HK Market

Return vs Industry: 1237 underperformed the Hong Kong Leisure industry which returned -43.4% over the past year.

Return vs Market: 1237 underperformed the Hong Kong Market which returned -7.8% over the past year.


Shareholder returns

1237IndustryMarket
7 Day-4.8%-1.7%4.1%
30 Day2.6%-11.0%3.5%
90 Day-33.3%-26.4%-5.3%
1 Year-74.2%-74.2%-41.6%-44.5%-2.0%-5.2%
3 Year-90.5%-90.5%-51.3%-54.8%-0.4%-10.6%
5 Year-97.7%-97.7%-65.2%-66.8%-9.0%-23.3%

Price Volatility Vs. Market

How volatile is China Environmental Technology and Bioenergy Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Environmental Technology and Bioenergy Holdings 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: 1237 (HK$0.08) is trading below our estimate of fair value (HK$5.56)

Significantly Below Fair Value: 1237 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1237 is unprofitable, so we can't compare its PE Ratio to the Leisure industry average.

PE vs Market: 1237 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 1237's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1237 is good value based on its PB Ratio (0.1x) compared to the HK Leisure industry average (0.6x).


Next Steps

Future Growth

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

11.5%

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 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

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

-70.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1237 is currently unprofitable.

Growing Profit Margin: 1237 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1237 is unprofitable, and losses have increased over the past 5 years at a rate of -70.5% per year.

Accelerating Growth: Unable to compare 1237's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1237 is unprofitable, making it difficult to compare its past year earnings growth to the Leisure industry (6%).


Return on Equity

High ROE: 1237 has a negative Return on Equity (-7.28%), as it is currently unprofitable.


Next Steps

Financial Health

How is China Environmental Technology and Bioenergy Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1237's short term assets (CN¥455.0M) exceed its short term liabilities (CN¥89.2M).

Long Term Liabilities: 1237's short term assets (CN¥455.0M) exceed its long term liabilities (CN¥6.6M).


Debt to Equity History and Analysis

Debt Level: 1237's debt to equity ratio (2%) is considered satisfactory.

Reducing Debt: 1237's debt to equity ratio has reduced from 51.8% to 2% over the past 5 years.


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 1237 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 1237 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 47.8% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1237's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1237'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 1237's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1237's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1237 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 1237'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?

8.0yrs

Average board tenure


CEO

Zheyan Wu (40yo)

no data

Tenure

CN¥1,336,000

Compensation

Mr. Zheyan Wu serves as the Chief Executive Officer at China Environmental Technology and Bioenergy Holdings Limited (formerly known as Merry Garden Holdings Limited). Mr. Wu joined Zhangping Kimura as a w ...


CEO Compensation Analysis

Compensation vs Market: Zheyan's total compensation ($USD187.46K) is about average for companies of similar size in the Hong Kong market ($USD228.12K).

Compensation vs Earnings: Zheyan's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Qingmei Xie
Executive Chairperson4.08yrsCN¥62.00k0.26% CN¥154.1k
Zheyan Wu
CEO & Executive Directorno dataCN¥1.34m0.30% CN¥176.0k
Hin Chi Lam
Independent Non-Executive Director8yrsCN¥106.00kno data
Dongping Wu
Founder & Non-Executive Director8yrsCN¥156.00kno data
Zhongwei Jin
Independent Non-Executive Director8yrsCN¥106.00kno data
Wenqiang Su
Independent Non-Executive Director8yrsCN¥106.00kno data

8.0yrs

Average Tenure

59yo

Average Age

Experienced Board: 1237's board of directors are considered experienced (8 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 been diluted in the past year, with total shares outstanding growing by 20%.


Top Shareholders

Company Information

China Environmental Technology and Bioenergy Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Environmental Technology and Bioenergy Holdings Limited
  • Ticker: 1237
  • Exchange: SEHK
  • Founded: 1995
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: HK$59.296m
  • Shares outstanding: 741.20m
  • Website: https://www.merrygardenholdings.com

Number of Employees


Location

  • China Environmental Technology and Bioenergy Holdings Limited
  • Fushan Industrial District
  • Zhangping
  • Fujian Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1237SEHK (The Stock Exchange of Hong Kong Ltd.)HKD0.01HKHKDNo data
1237SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJul 2012

Biography

China Environmental Technology and Bioenergy Holdings Limited, an investment holding company, manufactures and sells outdoor wooden products in the People's Republic of China, North America, Europe, other Asia Pacific, and Australasia. The company operates through three segments: Manufacturing and Sales of Wooden Products; Retail Business; and Manufacturing and Sales of Renewable Energy Products. It produces and sells timber houses, and related parts and structures. The company 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. It 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, such as flower carts, railings, and litter bins for use in gardens, scenic spots, courtyards, and parks; and pet-home products consisting of bird houses, dog homes and playhouses, rabbit hutches, hamster cages, etc. In addition, the company trades in timber; and recycles and produces renewable energy products, such as biomass pellet fuels Further, it 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. China Environmental Technology and Bioenergy Holdings Limited was founded in 1995 and is headquartered in Zhangping, China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/04 13:22
End of Day Share Price2020/06/03 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.