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2368

Eagle Nice (International) HoldingsSEHK:2368 Stock Report

Market Cap

HK$2.5b

7D

0.2%

1Y

39.4%

Updated

23 Sep, 2021

Data

Company Financials
2368 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health5/6
Dividends4/6

2368 Overview

Eagle Nice (International) Holdings Limited, an investment holding company, manufactures and trades in sportswear and garments in Mainland China, the United States, Europe, Japan, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Eagle Nice (International) Holdings
Historical stock prices
Current Share PriceHK$4.78
52 Week HighHK$3.30
52 Week LowHK$5.92
Beta0.85
1 Month Change-1.65%
3 Month Change-5.53%
1 Year Change39.36%
3 Year Change46.18%
5 Year Change106.03%
Change since IPO22.56%

Recent News & Updates

Shareholder Returns

2368HK LuxuryHK Market
7D0.2%-4.0%-0.9%
1Y39.4%78.4%10.1%

Return vs Industry: 2368 underperformed the Hong Kong Luxury industry which returned 77.7% over the past year.

Return vs Market: 2368 exceeded the Hong Kong Market which returned 5.6% over the past year.

Price Volatility

Is 2368's price volatile compared to industry and market?
2368 volatility
2368 Beta0.85
Industry Beta0.90
Market Beta1

Stable Share Price: 2368 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 2368's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199313,000Yuk Sing Chunghttps://www.eaglenice.com.hk

Eagle Nice (International) Holdings Limited, an investment holding company, manufactures and trades in sportswear and garments in Mainland China, the United States, Europe, Japan, and internationally. Its sportswear include down jackets, tracksuits, sweaters, sports pants, etc. Eagle Nice (International) Holdings Limited was founded in 1993 and is headquartered in Kwai Chung, Hong Kong.

Eagle Nice (International) Holdings Fundamentals Summary

How do Eagle Nice (International) Holdings's earnings and revenue compare to its market cap?
2368 fundamental statistics
Market CapHK$2.54b
Earnings (TTM)HK$313.56m
Revenue (TTM)HK$3.25b

8.1x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
2368 income statement (TTM)
RevenueHK$3.25b
Cost of RevenueHK$2.60b
Gross ProfitHK$651.67m
ExpensesHK$338.12m
EarningsHK$313.56m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.59
Gross Margin20.06%
Net Profit Margin9.65%
Debt/Equity Ratio27.6%

How did 2368 perform over the long term?

See historical performance and comparison

Dividends

8.8%

Current Dividend Yield

71%

Payout Ratio

Valuation

Is Eagle Nice (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: 2368 (HK$4.78) is trading below our estimate of fair value (HK$11.39)

Significantly Below Fair Value: 2368 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2368 is good value based on its PE Ratio (8.1x) compared to the Hong Kong Luxury industry average (8.8x).

PE vs Market: 2368 is good value based on its PE Ratio (8.1x) compared to the Hong Kong market (9.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 2368's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2368 is overvalued based on its PB Ratio (1.7x) compared to the HK Luxury industry average (0.8x).


Future Growth

How is Eagle Nice (International) Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.8%

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 Eagle Nice (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.


Past Performance

How has Eagle Nice (International) Holdings performed over the past 5 years?

15.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2368 has high quality earnings.

Growing Profit Margin: 2368's current net profit margins (9.7%) are higher than last year (7.4%).


Past Earnings Growth Analysis

Earnings Trend: 2368's earnings have grown by 15.5% per year over the past 5 years.

Accelerating Growth: 2368's earnings growth over the past year (40.3%) exceeds its 5-year average (15.5% per year).

Earnings vs Industry: 2368 earnings growth over the past year (40.3%) exceeded the Luxury industry 37.6%.


Return on Equity

High ROE: 2368's Return on Equity (21.1%) is considered high.


Financial Health

How is Eagle Nice (International) Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 2368's short term assets (HK$1.4B) exceed its short term liabilities (HK$956.4M).

Long Term Liabilities: 2368's short term assets (HK$1.4B) exceed its long term liabilities (HK$65.2M).


Debt to Equity History and Analysis

Debt Level: 2368's debt to equity ratio (27.6%) is considered satisfactory.

Reducing Debt: 2368's debt to equity ratio has increased from 18% to 27.6% over the past 5 years.

Debt Coverage: 2368's debt is well covered by operating cash flow (96.1%).

Interest Coverage: 2368 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Eagle Nice (International) Holdings's current dividend yield, its reliability and sustainability?

8.79%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 2368's dividend (8.79%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.29%).

High Dividend: 2368's dividend (8.79%) is in the top 25% of dividend payers in the Hong Kong market (6.87%)


Stability and Growth of Payments

Stable Dividend: 2368's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2368's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (71.3%), 2368's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.3yrs

Average management tenure


CEO

Yuk Sing Chung (61 yo)

8.25yrs

Tenure

HK$8,407,000

Compensation

Mr. Chung Yuk Sing has been the Chief Executive Officer at Eagle Nice International Holdings Limited since June 30, 2013. Mr. Chung is a Co-Founder of Eagle Nice International Holdings Limited and also ser...


CEO Compensation Analysis

Compensation vs Market: Yuk Sing's total compensation ($USD1.08M) is above average for companies of similar size in the Hong Kong market ($USD341.04K).

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


Leadership Team

Experienced Management: 2368's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: 2368's board of directors are considered experienced (5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 2368 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

Eagle Nice (International) Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Eagle Nice (International) Holdings Limited
  • Ticker: 2368
  • Exchange: SEHK
  • Founded: 1993
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: HK$2.543b
  • Shares outstanding: 532.00m
  • Website: https://www.eaglenice.com.hk

Number of Employees


Location

  • Eagle Nice (International) Holdings Limited
  • Tower B Regent Centre
  • 9th 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 Analysis2021/09/23 15:57
End of Day Share Price2021/09/23 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.