Daphne International Holdings
Market Cap
HK$196.2m
Last Updated
2020/03/31 12:35 UTC
Data Sources
Company Financials
Executive Summary
Daphne International Holdings Limited, an investment holding company, manufactures, distributes, and retails women’s footwear and accessories in Mainland China, Hong Kong, and Taiwan.
Risk Analysis
Earnings have declined by -32.86% per year over past 5 years
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Adequate balance sheet and 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
34.8%
210
12.5%
HK Luxury
7.4%
HK Market
1 Year Return
-52.0%
210
-21.7%
HK Luxury
-22.7%
HK Market
Return vs Industry: 210 underperformed the Hong Kong Luxury industry which returned -21.7% over the past year.
Return vs Market: 210 underperformed the Hong Kong Market which returned -22.7% over the past year.
Shareholder returns
| 210 | Industry | Market | |
|---|---|---|---|
| 7 Day | 34.8% | 12.5% | 7.4% |
| 30 Day | 0.8% | -13.3% | -11.2% |
| 90 Day | -17.2% | -25.7% | -17.3% |
| 1 Year | -52.0%-52.0% | -19.5%-21.7% | -19.9%-22.7% |
| 3 Year | -84.8%-84.8% | 10.1%-2.9% | -5.3%-14.8% |
| 5 Year | -95.3%-95.3% | 10.9%-6.7% | -8.7%-23.4% |
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
2 weeks ago | Simply Wall St
Does Daphne International Holdings Limited's (HKG:210) CEO Pay Matter?1 month ago | Simply Wall St
What Kind Of Investor Owns Most Of Daphne International Holdings Limited (HKG:210)?2 months ago | Simply Wall St
Those Who Purchased Daphne International Holdings (HKG:210) Shares Five Years Ago Have A 95% Loss To Show For ItValuation
Is Daphne International Holdings undervalued compared to its fair value and its price relative to the market?
0.29x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 210's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 210's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 210 is unprofitable, so we can't compare its PE Ratio to the 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 is good value based on its PB Ratio (0.3x) compared to the HK Luxury industry average (0.7x).
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?
15.0%
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?
-32.9%
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 -32.9% 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 (-0.2%).
Return on Equity
High ROE: 210 has a negative Return on Equity (-137.68%), 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$623.3M) exceed its short term liabilities (HK$411.9M).
Long Term Liabilities: 210's short term assets (HK$623.3M) exceed its long term liabilities (HK$23.2M).
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 14.7%.
Balance Sheet
Inventory Level: 210 has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 210's debt is covered by short term assets.
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: Insufficient data to determine if 210 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 210 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
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 payouts.
High Dividend: Unable to evaluate 210's dividend yield against the top 25% of dividend payers, as the company has not reported any 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?
8.0yrs
Average management tenure
CEO
Chih-Kai Chang (39yo)
3.83s
Tenure
HK$3,783,000
Compensation
Mr. Chih-Kai Chang has been the Chief Executive Officer of Daphne International Holdings Limited (formerly, Prime Success International Group Ltd) since April 16, 2016. Mr. Chang has been the Chairman and ...
CEO Compensation Analysis
Compensation vs Market: Chih-Kai's total compensation ($USD487.87K) is above average for companies of similar size in the Hong Kong market ($USD232.34K).
Compensation vs Earnings: Chih-Kai's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 3.83yrs | HK$3.78m | no data | |
| Executive Director | 10.67yrs | HK$2.35m | no data | |
| Chief Financial Officer | 10.17yrs | 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 | 9.83yrs | no data | no data | |
| Company Secretary | 6.25yrs | no data | no data |
8.0yrs
Average Tenure
48yo
Average Age
Experienced Management: 210's management team is seasoned and experienced (8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 3.83yrs | HK$3.78m | no data | |
| Executive Director | 10.67yrs | HK$2.35m | no data | |
| Independent Non-Executive Director | 18.67yrs | HK$150.00k | no data | |
| Independent Non-Executive Director | 18.67yrs | HK$150.00k | no data | |
| Independent Non-Executive Director | 0.42yr | no data | no data |
10.7yrs
Average Tenure
60yo
Average Age
Experienced Board: 210's board of directors are seasoned and experienced ( 10.7 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
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$196.248m
- Shares outstanding: 1.65b
- Website: https://www.daphneholdings.com
Number of Employees
Location
- Daphne International Holdings Limited
- 3908 Hu Qing Ping Road
- Zhao Xiang Town
- Shanghai
- 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 women’s footwear and accessories in Mainland China, Hong Kong, and Taiwan. The company offers its products under own brands, the Daphne and Shoebox, as well as brands under exclusive distributorships, such as AEE, STEP HIGHER, AEROSOLES, and ALDO. As of December 31, 2018, it operated 2,820 points-of-sale (POS) units, which included 2,648 POS under its core brands business, as well as 172 POS were under its other brands business. It is also involved in the e-commerce and property holding businesses. The company was formerly known as Prime Success International Group Limited and changed its name to Daphne International Holdings Limited in June 2008. Daphne International Holdings Limited was founded in 1987 and is headquartered in Shanghai, China.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 12:35 |
| End of Day Share Price | 2020/03/31 00:00 |
| Earnings | 2019/12/31 |
| 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.