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1382

Pacific Textiles HoldingsSEHK:1382 Stock Report

Market Cap

HK$5.6b

7D

-3.4%

1Y

9.9%

Updated

25 Sep, 2021

Data

Company Financials +
1382 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance2/6
Financial Health6/6
Dividends5/6

1382 Overview

Pacific Textiles Holdings Limited, an investment holding company, engages in manufacturing and trading textile products.

Price History & Performance

Summary of all time highs, changes and price drops for Pacific Textiles Holdings
Historical stock prices
Current Share PriceHK$4.00
52 Week HighHK$3.48
52 Week LowHK$6.19
Beta0.62
1 Month Change-1.72%
3 Month Change-17.18%
1 Year Change9.89%
3 Year Change-40.03%
5 Year Change-60.24%
Change since IPO-23.95%

Recent News & Updates

Aug 05
Should Shareholders Reconsider Pacific Textiles Holdings Limited's (HKG:1382) CEO Compensation Package?

Should Shareholders Reconsider Pacific Textiles Holdings Limited's (HKG:1382) CEO Compensation Package?

Shareholders will probably not be too impressed with the underwhelming results at Pacific Textiles Holdings Limited...

Jul 19
Pacific Textiles Holdings' (HKG:1382) Problems Go Beyond Weak Profit

Pacific Textiles Holdings' (HKG:1382) Problems Go Beyond Weak Profit

The subdued market reaction suggests that Pacific Textiles Holdings Limited's ( HKG:1382 ) recent earnings didn't...

Jun 27
Pacific Textiles Holdings (HKG:1382) Is Paying Out A Larger Dividend Than Last Year

Pacific Textiles Holdings (HKG:1382) Is Paying Out A Larger Dividend Than Last Year

Pacific Textiles Holdings Limited ( HKG:1382 ) will increase its dividend on the 2nd of September to HK$0.22. This will...

Shareholder Returns

1382HK LuxuryHK Market
7D-3.4%-8.4%-2.4%
1Y9.9%72.2%9.1%

Return vs Industry: 1382 underperformed the Hong Kong Luxury industry which returned 72.2% over the past year.

Return vs Market: 1382 matched the Hong Kong Market which returned 9.1% over the past year.

Price Volatility

Is 1382's price volatile compared to industry and market?
1382 volatility
1382 Beta0.62
Industry Beta0.91
Market Beta1

Stable Share Price: 1382 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 1382's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19974,933Wai Loi Wanhttps://www.pacific-textiles.com

Pacific Textiles Holdings Limited, an investment holding company, engages in manufacturing and trading textile products. The company is involved in the knitting, dyeing, printing, and finishing of fabrics. Its fabrics are used in a range of garments, including men's, women's, and children's clothing, as well as sportswear, swimwear, and inner-wear.

Pacific Textiles Holdings Fundamentals Summary

How do Pacific Textiles Holdings's earnings and revenue compare to its market cap?
1382 fundamental statistics
Market CapHK$5.64b
Earnings (TTM)HK$721.49m
Revenue (TTM)HK$5.38b

7.8x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1382 income statement (TTM)
RevenueHK$5.38b
Cost of RevenueHK$4.52b
Gross ProfitHK$861.69m
ExpensesHK$140.20m
EarningsHK$721.49m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.51
Gross Margin16.00%
Net Profit Margin13.40%
Debt/Equity Ratio23.0%

How did 1382 perform over the long term?

See historical performance and comparison

Dividends

11.0%

Current Dividend Yield

86%

Payout Ratio

Valuation

Is Pacific Textiles 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: 1382 (HK$4) is trading below our estimate of fair value (HK$14.78)

Significantly Below Fair Value: 1382 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1382 is good value based on its PE Ratio (7.8x) compared to the Hong Kong Luxury industry average (9.1x).

PE vs Market: 1382 is good value based on its PE Ratio (7.8x) compared to the Hong Kong market (9.6x).


Price to Earnings Growth Ratio

PEG Ratio: 1382 is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: 1382 is overvalued based on its PB Ratio (1.7x) compared to the HK Luxury industry average (0.8x).


Future Growth

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

8.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1382's forecast earnings growth (8.6% per year) is above the savings rate (1.5%).

Earnings vs Market: 1382's earnings (8.6% per year) are forecast to grow slower than the Hong Kong market (17.1% per year).

High Growth Earnings: 1382's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1382's revenue (9.4% per year) is forecast to grow slower than the Hong Kong market (12.3% per year).

High Growth Revenue: 1382's revenue (9.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1382's Return on Equity is forecast to be high in 3 years time (22.9%)


Past Performance

How has Pacific Textiles Holdings performed over the past 5 years?

-8.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1382 has high quality earnings.

Growing Profit Margin: 1382's current net profit margins (13.4%) are lower than last year (13.6%).


Past Earnings Growth Analysis

Earnings Trend: 1382's earnings have declined by 8.1% per year over the past 5 years.

Accelerating Growth: 1382's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1382 had negative earnings growth (-3%) over the past year, making it difficult to compare to the Luxury industry average (37.6%).


Return on Equity

High ROE: 1382's Return on Equity (21.9%) is considered high.


Financial Health

How is Pacific Textiles Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1382's short term assets (HK$3.1B) exceed its short term liabilities (HK$1.6B).

Long Term Liabilities: 1382's short term assets (HK$3.1B) exceed its long term liabilities (HK$233.1M).


Debt to Equity History and Analysis

Debt Level: 1382's debt to equity ratio (23%) is considered satisfactory.

Reducing Debt: 1382's debt to equity ratio has reduced from 24.8% to 23% over the past 5 years.

Debt Coverage: 1382's debt is well covered by operating cash flow (80.2%).

Interest Coverage: 1382's interest payments on its debt are well covered by EBIT (92.5x coverage).


Balance Sheet


Dividend

What is Pacific Textiles Holdings's current dividend yield, its reliability and sustainability?

11.00%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1382's dividend (11%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).

High Dividend: 1382's dividend (11%) is in the top 25% of dividend payers in the Hong Kong market (6.83%)


Stability and Growth of Payments

Stable Dividend: 1382's dividend payments have been volatile in the past 10 years.

Growing Dividend: 1382's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (86.1%), 1382's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 1382's dividends in 3 years are forecast to be covered by earnings (88.9% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.2yrs

Average management tenure


CEO

Wai Loi Wan (71 yo)

6.17yrs

Tenure

HK$23,173,000

Compensation

Mr. Wai Loi Wan founded Pacific Textiles Holdings Limited in 1997 and has been its Chief Executive Officer since July 1, 2015. He serves as Chairman of Pacific Textiles Holdings Limited and has been its Ex...


CEO Compensation Analysis

Compensation vs Market: Wai Loi's total compensation ($USD2.98M) is above average for companies of similar size in the Hong Kong market ($USD427.78K).

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


Leadership Team

Experienced Management: 1382's management team is seasoned and experienced (6.2 years average tenure).


Board Members

Experienced Board: 1382's board of directors are seasoned and experienced ( 14.5 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

Pacific Textiles Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Pacific Textiles Holdings Limited
  • Ticker: 1382
  • Exchange: SEHK
  • Founded: 1997
  • Industry: Textiles
  • Sector: Consumer Durables
  • Market Cap: HK$5.645b
  • Shares outstanding: 1.41b
  • Website: https://www.pacific-textiles.com

Number of Employees


Location

  • Pacific Textiles Holdings Limited
  • Eastern Sea Industrial Building
  • Unit B1, 7th Floor
  • Kwai Chung
  • New Territories
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/25 10:03
End of Day Share Price2021/09/24 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.