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256

Citychamp Watch & Jewellery GroupSEHK:256 Stock Report

Market Cap

HK$5.8b

7D

-3.6%

1Y

-15.2%

Updated

18 Oct, 2021

Data

Company Financials
256 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

256 Overview

Citychamp Watch & Jewellery Group Limited, an investment holding company, manufactures, sells, and distributes watches and timepieces in Hong Kong, the People’s Republic of China, Switzerland, the United Kingdom, Liechtenstein, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Citychamp Watch & Jewellery Group
Historical stock prices
Current Share PriceHK$1.34
52 Week HighHK$1.18
52 Week LowHK$1.81
Beta0.15
1 Month Change-0.74%
3 Month Change-11.26%
1 Year Change-15.19%
3 Year Change-18.29%
5 Year Change-35.89%
Change since IPO31.37%

Recent News & Updates

Shareholder Returns

256HK LuxuryHK Market
7D-3.6%1.3%1.1%
1Y-15.2%52.5%5.3%

Return vs Industry: 256 underperformed the Hong Kong Luxury industry which returned 52.5% over the past year.

Return vs Market: 256 underperformed the Hong Kong Market which returned 5.3% over the past year.

Price Volatility

Is 256's price volatile compared to industry and market?
256 volatility
256 Beta0.15
Industry Beta0.94
Market Beta1

Stable Share Price: 256 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 256's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a4,600Jianguang Shanghttps://www.citychampwj.com

Citychamp Watch & Jewellery Group Limited, an investment holding company, manufactures, sells, and distributes watches and timepieces in Hong Kong, the People’s Republic of China, Switzerland, the United Kingdom, Liechtenstein, and internationally. The company operates through Manufacturing and Distribution of Watches and Timepieces, Property Investments, and Banking and Financial Businesses segments. It offers watches and timepieces under the Rossini, Corum, Eterna, Dreyfuss & Co, J&T Windmills, Ernest Borel, and Rotary brands.

Citychamp Watch & Jewellery Group Fundamentals Summary

How do Citychamp Watch & Jewellery Group's earnings and revenue compare to its market cap?
256 fundamental statistics
Market CapHK$5.83b
Earnings (TTM)-HK$95.78m
Revenue (TTM)HK$2.07b

2.8x

P/S Ratio

-60.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
256 income statement (TTM)
RevenueHK$2.07b
Cost of RevenueHK$781.37m
Gross ProfitHK$1.29b
ExpensesHK$1.38b
Earnings-HK$95.78m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.022
Gross Margin62.20%
Net Profit Margin-4.63%
Debt/Equity Ratio22.7%

How did 256 perform over the long term?

See historical performance and comparison

Valuation

Is Citychamp Watch & Jewellery Group 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: 256 (HK$1.34) is trading below our estimate of fair value (HK$145.57)

Significantly Below Fair Value: 256 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 256 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Luxury industry average.

PE vs Market: 256 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 256's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 256 is overvalued based on its PB Ratio (1.4x) compared to the HK Luxury industry average (0.8x).


Future Growth

How is Citychamp Watch & Jewellery Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

23.1%

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 Citychamp Watch & Jewellery Group 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 Citychamp Watch & Jewellery Group performed over the past 5 years?

-36.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 256 is currently unprofitable.

Growing Profit Margin: 256 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 256 is unprofitable, and losses have increased over the past 5 years at a rate of 36.1% per year.

Accelerating Growth: Unable to compare 256's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 256 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (40.3%).


Return on Equity

High ROE: 256 has a negative Return on Equity (-2.07%), as it is currently unprofitable.


Financial Health

How is Citychamp Watch & Jewellery Group's financial position?


Financial Position Analysis

Short Term Liabilities: 256's short term assets (HK$18.4B) exceed its short term liabilities (HK$2.2B).

Long Term Liabilities: 256's short term assets (HK$18.4B) exceed its long term liabilities (HK$15.4B).


Debt to Equity History and Analysis

Debt Level: 256's debt to equity ratio (22.7%) is considered satisfactory.

Reducing Debt: 256's debt to equity ratio has reduced from 40.2% to 22.7% over the past 5 years.

Debt Coverage: 256's debt is well covered by operating cash flow (649.7%).

Interest Coverage: Insufficient data to determine if 256's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Citychamp Watch & Jewellery Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 256's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 256'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 256's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 256's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 256 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 256'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?

11.2yrs

Average board tenure


CEO

Jianguang Shang (69 yo)

no data

Tenure

HK$4,667,000

Compensation

Mr. Jianguang Shang has been Chairman and Executive Director of Ernest Borel Holdings Limited since October 12, 2018. He has been Executive Director of Citychamp Watch & Jewellery Group Limited since Novem...


CEO Compensation Analysis

Compensation vs Market: Jianguang's total compensation ($USD599.99K) is above average for companies of similar size in the Hong Kong market ($USD443.10K).

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


Board Members

Experienced Board: 256's board of directors are seasoned and experienced ( 11.2 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Citychamp Watch & Jewellery Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Citychamp Watch & Jewellery Group Limited
  • Ticker: 256
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: HK$5.832b
  • Shares outstanding: 4.35b
  • Website: https://www.citychampwj.com

Number of Employees


Location

  • Citychamp Watch & Jewellery Group Limited
  • International Commerce Centre
  • Units 1902-04
  • Kowloon
  • Kowloon
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:11
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.