SEHK:483

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Bauhaus International (Holdings)

Executive Summary

Bauhaus International (Holdings) Limited, an investment holding company, engages in the design and retail of apparel, bags, and fashion accessories for men and women.


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Bauhaus International (Holdings)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 483's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-10.7%

483

8.2%

HK Luxury

4.1%

HK Market


1 Year Return

-60.0%

483

8.2%

HK Luxury

-5.2%

HK Market

Return vs Industry: 483 underperformed the Hong Kong Luxury industry which returned 5.7% over the past year.

Return vs Market: 483 underperformed the Hong Kong Market which returned -6.5% over the past year.


Shareholder returns

483IndustryMarket
7 Day-10.7%8.2%4.1%
30 Day-23.1%12.1%3.5%
90 Day-27.5%-2.1%-5.3%
1 Year-57.7%-60.0%10.5%8.2%-2.0%-5.2%
3 Year-54.8%-61.2%31.5%19.4%-0.4%-10.6%
5 Year-80.0%-84.4%27.7%8.2%-9.0%-23.3%

Price Volatility Vs. Market

How volatile is Bauhaus International (Holdings)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bauhaus 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: 483 (HK$0.5) is trading below our estimate of fair value (HK$27.09)

Significantly Below Fair Value: 483 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 483 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: 483 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 483's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 483 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 Bauhaus International (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.1%

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 Bauhaus 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

Past Performance

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

-52.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 483 is currently unprofitable.

Growing Profit Margin: 483 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 483 is unprofitable, and losses have increased over the past 5 years at a rate of -52.2% per year.

Accelerating Growth: Unable to compare 483's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 483 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (3%).


Return on Equity

High ROE: 483 has a negative Return on Equity (-16.36%), as it is currently unprofitable.


Next Steps

Financial Health

How is Bauhaus International (Holdings)'s financial position?


Financial Position Analysis

Short Term Liabilities: 483's short term assets (HK$438.7M) exceed its short term liabilities (HK$271.1M).

Long Term Liabilities: 483's short term assets (HK$438.7M) exceed its long term liabilities (HK$212.8M).


Debt to Equity History and Analysis

Debt Level: 483 is debt free.

Reducing Debt: 483 has no debt compared to 5 years ago when its debt to equity ratio was 3%.

Debt Coverage: 483 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 483 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

12.00%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 483's dividend (12%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.5%).

High Dividend: 483's dividend (12%) is in the top 25% of dividend payers in the Hong Kong market (7.2%)


Stability and Growth of Payments

Stable Dividend: 483's dividend payments have been volatile in the past 10 years.

Growing Dividend: 483's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 483 is paying a dividend but the company is unprofitable.


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?

15.1yrs

Average board tenure


CEO

Yat Hang Yeung (42yo)

0.083

Tenure

HK$1,439,000

Compensation

Mr. Yat Hang Yeung serves as Chief Executive Director at Bauhaus International (Holdings) Limited since May 7, 2020. He has been an Executive Director of Bauhaus International Holdings Ltd. since October 1 ...


CEO Compensation Analysis

Compensation vs Market: Yat Hang's total compensation ($USD185.66K) is about average for companies of similar size in the Hong Kong market ($USD226.43K).

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


Board Members

NamePositionTenureCompensationOwnership
Yui Lam Wong
Co-Founder & Executive Chairmanno dataHK$1.71m57.73% HK$106.1m
Yat Hang Yeung
CEO & Executive Director0.083yrHK$1.44m1.29% HK$2.4m
Yuk Ming Lee
GM & Executive Director15.67yrsHK$2.13m0.068% HK$125.0k
She Man Tong
Co-Founder & Vice ChairLady0.75yrHK$2.61m9.27% HK$17.0m
Wing Kit Mak
Independent Non-Executive Director15.08yrsHK$164.00kno data
To Ki Chu
Independent Non-Executive Director15.08yrsHK$164.00kno data
Siu Yan Mak
Independent Non-Executive Director3.92yrsHK$164.00kno data

15.1yrs

Average Tenure

51yo

Average Age

Experienced Board: 483's board of directors are seasoned and experienced ( 15.1 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

Bauhaus International (Holdings) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Bauhaus International (Holdings) Limited
  • Ticker: 483
  • Exchange: SEHK
  • Founded: 1991
  • Industry: Apparel, Accessories and Luxury Goods
  • Sector: Consumer Durables
  • Market Cap: HK$183.690m
  • Shares outstanding: 367.38m
  • Website: https://www.bauhaus.com.hk

Number of Employees


Location

  • Bauhaus International (Holdings) Limited
  • Sino Industrial Plaza
  • Room 501
  • Kowloon Bay
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
483SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2005
DKWDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 2005

Biography

Bauhaus International (Holdings) Limited, an investment holding company, engages in the design and retail of apparel, bags, and fashion accessories for men and women. As of December 31, 2019, the company operated 21 stores in Mainland China and 65 stores/counters in Taiwan. It also sells its products through online channels. In addition, the company engages in the property holding activities; trading of garments and accessories; and provision of management services. The company was founded in 1991 and is headquartered in Kowloon Bay, Hong Kong. Bauhaus International (Holdings) Limited is a subsidiary of Huge Treasure Investments Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/04 12:57
End of Day Share Price2020/06/04 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.