Daphne International Holdings
Market Cap
HK$399.1m
Last Updated
2020/10/21 12:35 UTC
Data Sources
Company Financials
Executive Summary
Daphne International Holdings Limited, an investment holding company, manufactures, distributes, and retails footwear and accessories in Mainland China, Hong Kong, and Taiwan. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and slightly overvalued.
Similar Companies
Share Price & News
How has Daphne International Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 210's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
2.3%
210
5.1%
HK Luxury
0.1%
HK Market
1 Year Return
43.8%
210
16.0%
HK Luxury
2.0%
HK Market
Return vs Industry: 210 exceeded the Hong Kong Luxury industry which returned 11.5% over the past year.
Return vs Market: 210 exceeded the Hong Kong Market which returned 0.7% over the past year.
Shareholder returns
| 210 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.3% | 5.1% | 0.1% |
| 30 Day | 8.4% | 13.7% | 2.4% |
| 90 Day | 36.6% | 31.1% | -0.4% |
| 1 Year | 43.8%43.8% | 18.4%16.0% | 6.3%2.0% |
| 3 Year | -58.5%-58.5% | 53.0%38.8% | -5.7%-16.0% |
| 5 Year | -84.1%-84.1% | 82.1%55.6% | 16.4%-3.4% |
Price Volatility Vs. Market
How volatile is Daphne International Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 months ago | Simply Wall St
Did Changing Sentiment Drive Daphne International Holdings' (HKG:210) Share Price Down A Painful 95%?6 months ago | Simply Wall St
Daphne International Holdings Limited's (HKG:210) Earnings Dropped -7.6%, How Did It Fare Against The Industry?7 months ago | Simply Wall St
Does Daphne International Holdings Limited's (HKG:210) CEO Pay Matter?Valuation
Is Daphne International 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: 210 (HK$0.22) is trading below our estimate of fair value (HK$4.56)
Significantly Below Fair Value: 210 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 210 is unprofitable, so we can't compare its PE Ratio to the HK Luxury industry average.
PE vs Market: 210 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 210's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 210's PB Ratio (0.7x) is in line with the HK Luxury industry average.
Next Steps
Future Growth
How is Daphne International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
36.3%
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 Daphne International 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
- Examine Daphne International 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.
- Daphne International Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
Past Performance
How has Daphne International Holdings performed over the past 5 years?
-20.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 210 is currently unprofitable.
Growing Profit Margin: 210 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 210 is unprofitable, and losses have increased over the past 5 years at a rate of 20.1% per year.
Accelerating Growth: Unable to compare 210's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 210 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-29.5%).
Return on Equity
High ROE: 210 has a negative Return on Equity (-130.47%), as it is currently unprofitable.
Next Steps
Financial Health
How is Daphne International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 210's short term assets (HK$378.5M) exceed its short term liabilities (HK$279.9M).
Long Term Liabilities: 210's short term assets (HK$378.5M) exceed its long term liabilities (HK$9.6M).
Debt to Equity History and Analysis
Debt Level: 210 is debt free.
Reducing Debt: 210 has no debt compared to 5 years ago when its debt to equity ratio was 9.5%.
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 210 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 210 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1% per year.
Next Steps
Dividend
What is Daphne International Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 210's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 210'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 210's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 210's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 210 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 210'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?
8.7yrs
Average management tenure
CEO
Chih-Kai Chang (40 yo)
4.5yrs
Tenure
HK$4,034,000
Compensation
Mr. Chih-Kai Chang has been the Chief Executive Officer of Daphne International Holdings Limited (formerly, Prime Success International Group Ltd) since April 16, 2016. Mr. Chang has been the Chairman and ...
CEO Compensation Analysis
Compensation vs Market: Chih-Kai's total compensation ($USD520.51K) is above average for companies of similar size in the Hong Kong market ($USD232.26K).
Compensation vs Earnings: Chih-Kai's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 4.5yrs | HK$4.03m | no data | |
| Executive Director | 11.33yrs | HK$2.41m | no data | |
| Chief Financial Officer | 10.75yrs | no data | no data | |
| Chief Operating Officer | no data | no data | no data | |
| Investor Relations Officer | no data | no data | no data | |
| Chief Marketing Officer | 10.5yrs | no data | no data | |
| Company Secretary | 6.83yrs | no data | no data |
8.7yrs
Average Tenure
49yo
Average Age
Experienced Management: 210's management team is seasoned and experienced (8.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 4.5yrs | HK$4.03m | no data | |
| Executive Director | 11.33yrs | HK$2.41m | no data | |
| Independent Non-Executive Director | 19.25yrs | HK$150.00k | no data | |
| Independent Non-Executive Director | 19.25yrs | HK$150.00k | no data | |
| Independent Non-Executive Director | 1.08yrs | HK$106.00k | no data |
11.3yrs
Average Tenure
61yo
Average Age
Experienced Board: 210's board of directors are seasoned and experienced ( 11.3 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.
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 10%.
Top Shareholders
Company Information
Daphne International Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Daphne International Holdings Limited
- Ticker: 210
- Exchange: SEHK
- Founded: 1987
- Industry: Footwear
- Sector: Consumer Durables
- Market Cap: HK$399.092m
- Shares outstanding: 1.81b
- Website: https://www.daphneholdings.com
Number of Employees
Location
- Daphne International Holdings Limited
- 3908 Hu Qing Ping Road
- Zhao Xiang Town
- Shanghai
- Shanghai Province
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 210 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jan 1996 |
| DPNE.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1996 |
| PSX | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Jan 1996 |
| DPNE.Y | OTCPK (Pink Sheets LLC) | ADR | US | USD | Oct 2008 |
Biography
Daphne International Holdings Limited, an investment holding company, manufactures, distributes, and retails footwear and accessories in Mainland China, Hong Kong, and Taiwan. The company offers its produc ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/10/21 12:35 |
| End of Day Share Price | 2020/10/21 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.