Far East Holdings International Limited, an investment holding company, engages in the property and securities investment businesses in Hong Kong.
Fair value with mediocre balance sheet.
Share Price & News
How has Far East Holdings International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 36's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 36 underperformed the Hong Kong Luxury industry which returned 5.7% over the past year.
Return vs Market: 36 underperformed the Hong Kong Market which returned -6.5% over the past year.
Price Volatility Vs. Market
How volatile is Far East Holdings International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StImagine Owning Far East Holdings International (HKG:36) And Trying To Stomach The 80% Share Price Drop
4 months ago | Simply Wall StIs Far East Holdings International (HKG:36) Using Too Much Debt?
8 months ago | Simply Wall StDoes Far East Holdings International Limited (HKG:36) Have A High Beta?
Is Far East Holdings International undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 36 (HK$0.11) is trading below our estimate of fair value (HK$8.3)
Significantly Below Fair Value: 36 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 36 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.
PE vs Market: 36 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 36's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 36 is good value based on its PB Ratio (0.2x) compared to the HK Luxury industry average (0.7x).
How is Far East Holdings International forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Far East Holdings International 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.
- Examine whether Far East Holdings International is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Far East Holdings International competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Far East Holdings International performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 36 is currently unprofitable.
Growing Profit Margin: 36 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 36 is unprofitable, and losses have increased over the past 5 years at a rate of -40.1% per year.
Accelerating Growth: Unable to compare 36's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 36 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (3%).
Return on Equity
High ROE: 36 has a negative Return on Equity (-16.04%), as it is currently unprofitable.
How is Far East Holdings International's financial position?
Financial Position Analysis
Short Term Liabilities: 36's short term assets (HK$218.2M) do not cover its short term liabilities (HK$520.7M).
Long Term Liabilities: 36's short term assets (HK$218.2M) exceed its long term liabilities (HK$213.2M).
Debt to Equity History and Analysis
Debt Level: 36's debt to equity ratio (61%) is considered high.
Reducing Debt: 36's debt to equity ratio has increased from 19.2% to 61% over the past 5 years.
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 36 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 36 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37.9% per year.
What is Far East Holdings International's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 36's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 36'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 36's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 36's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 36 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 36's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Far East Holdings International has no CEO, or we have no data on them.
|Chairman of the Board||2.92yrs||HK$768.00k||no data|
|CFO, Company Secretary & Executive Director||2.67yrs||HK$222.92k||no data|
|Independent Non-Executive Director||2.92yrs||HK$216.00k||no data|
|Independent Non-Executive Director||2.92yrs||HK$216.00k||no data|
|Independent Non-Executive Director||5.5yrs||HK$216.00k||no data|
Experienced Board: 36's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Far East Holdings International Limited's company bio, employee growth, exchange listings and data sources
- Name: Far East Holdings International Limited
- Ticker: 36
- Exchange: SEHK
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: HK$123.070m
- Shares outstanding: 1.09b
- Website: https://www.0036.com.hk
Number of Employees
- Far East Holdings International Limited
- Wings Building
- Unit 904
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|36||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
Far East Holdings International Limited, an investment holding company, engages in the property and securities investment businesses in Hong Kong. It invests in commercial properties and short-term securities. The company was formerly known as Far East Technology International Limited and changed its name to Far East Holdings International Limited in 2007. Far East Holdings International Limited is based in Central, Hong Kong.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 12:39|
|End of Day Share Price||2020/06/04 00:00|
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.