SEHK:1488

Stock Analysis Report

Executive Summary

Best Food Holding Company Limited, an investment holding company, manufactures and sells handbags.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Best Food Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

1488

3.0%

HK Luxury

2.9%

HK Market


1 Year Return

-5.3%

1488

23.2%

HK Luxury

0.7%

HK Market

Return vs Industry: 1488 underperformed the Hong Kong Luxury industry which returned 23.2% over the past year.

Return vs Market: 1488 underperformed the Hong Kong Market which returned 0.7% over the past year.


Shareholder returns

1488IndustryMarket
7 Day0%3.0%2.9%
30 Day1.9%0.9%-2.5%
90 Day-5.3%5.3%-5.4%
1 Year-5.3%-5.3%27.5%23.2%4.4%0.7%
3 Year-30.4%-31.2%45.0%27.7%17.0%5.2%
5 Year49.8%45.9%41.5%13.8%20.2%0.2%

Price Volatility Vs. Market

How volatile is Best Food Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Best Food Holding undervalued compared to its fair value and its price relative to the market?

1.57x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate 1488's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate 1488's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1488 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: 1488 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 1488's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1488 is overvalued based on its PB Ratio (1.6x) compared to the HK Luxury industry average (0.9x).


Next Steps

Future Growth

How is Best Food Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

40.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1488 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 1488 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 1488 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if 1488's revenue is forecast to grow faster than the Hong Kong market.

High Growth Revenue: Insufficient data to determine if 1488's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 1488's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Best Food Holding performed over the past 5 years?

-56.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 1488 is unprofitable, and losses have increased over the past 5 years at a rate of -56.2% per year.

Accelerating Growth: Unable to compare 1488's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1488 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-4.9%).


Return on Equity

High ROE: 1488 has a negative Return on Equity (-2.16%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 1488 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 1488 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Best Food Holding's financial position?


Financial Position Analysis

Short Term Liabilities: 1488's short term assets (CN¥479.0M) exceeds its short term liabilities (CN¥357.7M)

Long Term Liabilities: 1488's short term assets (479.0M) do not cover its long term liabilities (1.2B)


Debt to Equity History and Analysis

Debt Level: 1488's debt to equity ratio (63.9%) is considered high

Reducing Debt: 1488's debt to equity ratio has increased from 33.5% to 63.9% over the past 5 years.

Debt Coverage: 1488's debt is not well covered by operating cash flow (7.6%).

Interest Coverage: 1488 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet

Inventory Level: 1488 has a high level of physical assets or inventory.

Debt Coverage by Assets: 1488's debt is not covered by short term assets (assets are 0.7x debt).


Next Steps

Dividend

What is Best Food Holding's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.2%markettop25%6.3%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 1488's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1488's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 1488's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1488's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1488 is not paying a notable dividend for .


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1488's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

What is the CEO of Best Food Holding's salary, the management and board of directors tenure and is there insider trading?

2.6yrs

Average management tenure


CEO

Bruce Wang (43yo)

0.2yrs

Tenure

0

Mr. Xiaolong Wang, also known as Bruce, has been Chief Executive Officer at Best Food Holding Company Limited (also known as Lee & Man Handbags Holding Limited) since August 26, 2019 and serves as its Exec ...


Management Age and Tenure

2.6yrs

Average Tenure

43.5yo

Average Age

Experienced Management: 1488's management team is considered experienced (2.6 years average tenure).


Board Age and Tenure

3.2yrs

Average Tenure

44yo

Average Age

Experienced Board: 1488's board of directors are considered experienced (3.2 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • John Huan Zhao (56yo)

    Chairman

    • Tenure: 3.2yrs
  • Wai So (44yo)

    Company Secretary

    • Tenure: 3.2yrs
  • Bruce Wang (43yo)

    CEO & Executive Director

    • Tenure: 0.2yrs
  • Shunxiang Xian (54yo)

    Chief Operating Officer

    • Tenure: 2.6yrs
    • Compensation: CN¥55.00k
  • Shen Jing (39yo)

    CFO & Executive Director

    • Tenure: 0.5yrs
  • Shen Zhao (69yo)

    Chairman of Tianjin HHG Restaurant Management Co. Ltd

    • Tenure: 0yrs
  • Jingjing Zhao (37yo)

    Chief Manager of Tianjin HHG Restaurant Management Co. Ltd

    • Tenure: 0yrs
  • Penghui Zhou (43yo)

    Chief Executive Officer of New Spicy Way

    • Tenure: 0yrs

Board Members

  • John Huan Zhao (56yo)

    Chairman

    • Tenure: 3.2yrs
  • Victor Heng (42yo)

    Independent Non-Executive Director

    • Tenure: 8.4yrs
    • Compensation: CN¥135.00k
  • Bruce Wang (43yo)

    CEO & Executive Director

    • Tenure: 0.2yrs
  • Terence Tsang (56yo)

    Independent Non-Executive Director

    • Tenure: 8.4yrs
    • Compensation: CN¥135.00k
  • Kwai Kei Leung (56yo)

    Independent Non-Executive Director

    • Tenure: 2.8yrs
    • Compensation: CN¥135.00k
  • Shen Jing (39yo)

    CFO & Executive Director

    • Tenure: 0.5yrs
  • Jian Li (44yo)

    Co-Founder & the Chairman of the board of New Spicy Way

    • Tenure: 0yrs

Company Information

Best Food Holding Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Best Food Holding Company Limited
  • Ticker: 1488
  • Exchange: SEHK
  • Founded: 2011
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: HK$1.705b
  • Shares outstanding: 1.58b
  • Website: https://null

Number of Employees


Location

  • Best Food Holding Company Limited
  • One Exchange Square
  • Suite 2701
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1488SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 2011

Biography

Best Food Holding Company Limited, an investment holding company, manufactures and sells handbags. The company also offers backpacks and soft luggage. In addition, it provides management and administration ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/14 12:48
End of Day Share Price2019/10/11 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.