SEHK:8187

Stock Analysis Report

Executive Summary

Jimu Group Limited and its subsidiaries engage in the design, development, sourcing, marketing, and sale of footwear to wholesalers and retailers in Hong Kong and the People’s Republic of China.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has Jimu Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8187 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

11.9%

8187

-1.6%

HK Luxury

-0.4%

HK Market


1 Year Return

-39.7%

8187

-22.8%

HK Luxury

-22.7%

HK Market

Return vs Industry: 8187 underperformed the Hong Kong Luxury industry which returned -20.6% over the past year.

Return vs Market: 8187 underperformed the Hong Kong Market which returned -20.4% over the past year.


Shareholder returns

8187IndustryMarket
7 Day11.9%-1.6%-0.4%
30 Day-5.1%-16.5%-11.2%
90 Day8.0%-27.3%-17.3%
1 Year-39.7%-39.7%-20.7%-22.8%-19.9%-22.7%
3 Year27.0%27.0%8.0%-4.8%-4.8%-14.4%
5 Yearn/a7.7%-9.3%-12.3%-26.3%

Price Volatility Vs. Market

How volatile is Jimu Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Jimu Group undervalued compared to its fair value and its price relative to the market?

79.19x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8187's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8187's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8187 is unprofitable, so we can't compare its PE Ratio to the Luxury industry average.

PE vs Market: 8187 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 8187's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8187 is overvalued based on its PB Ratio (79.2x) compared to the HK Luxury industry average (0.7x).


Next Steps

Future Growth

How is Jimu Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.3%

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 Jimu 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.


Next Steps

Past Performance

How has Jimu Group performed over the past 5 years?

-29.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8187 is currently unprofitable.

Growing Profit Margin: 8187 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8187 is unprofitable, and losses have increased over the past 5 years at a rate of -29.7% per year.

Accelerating Growth: Unable to compare 8187's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8187 is unprofitable, making it difficult to compare its past year earnings growth to the Luxury industry (-0.6%).


Return on Equity

High ROE: 8187 has a negative Return on Equity (-1170.41%), as it is currently unprofitable.


Next Steps

Financial Health

How is Jimu Group's financial position?


Financial Position Analysis

Short Term Liabilities: 8187's short term assets (HK$54.6M) exceed its short term liabilities (HK$43.6M).

Long Term Liabilities: 8187's short term assets (HK$54.6M) exceed its long term liabilities (HK$12.0M).


Debt to Equity History and Analysis

Debt Level: 8187 is debt free.

Reducing Debt: 8187 has no debt compared to 5 years ago when its debt to equity ratio was 408%.


Balance Sheet

Inventory Level: 8187 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 8187'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 8187 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 8187 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Jimu Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8187's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 8187'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 8187's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8187's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8187'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?

1.7yrs

Average management tenure


CEO

Kin Wai Ho (43yo)

4.58s

Tenure

HK$2,037,000

Compensation

Mr. Kin Wai Ho has served as Director and Vice Chairman of Fit Boxx Holdings Limited since May 2, 2018. Mr. Ho is primarily responsible for the overall strategic and investment planning of Fit Boxx Holding ...


CEO Compensation Analysis

Compensation vs Market: Kin Wai's total compensation ($USD262.79K) is about average for companies of similar size in the Hong Kong market ($USD228.41K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Kin Wai Ho
CEO & Executive Director4.58yrsHK$2.04m2% HK$4.4m
Taotao Yan
Compliance Officer & Executive Director2.33yrsno datano data
Shaoxin Peng
Executive Director2.33yrsHK$1.40mno data
Ming Fai Mak
Financial Controller1.92yrsno datano data
Tsz Kwan Leung
Company Secretary1.42yrsno datano data

1.7yrs

Average Tenure

41.5yo

Average Age

Experienced Management: 8187's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Kin Wai Ho
CEO & Executive Director4.58yrsHK$2.04m2% HK$4.4m
Taotao Yan
Compliance Officer & Executive Director2.33yrsno datano data
Shaoxin Peng
Executive Director2.33yrsHK$1.40mno data
Ping Cho Hon
Independent Non-Executive Director2.33yrsHK$240.00kno data
Jun-Ming Wen
Non-Executive Director2.33yrsno datano data
Jun Dong
Founder & Executive Chairman2.33yrsHK$285.00kno data
Zhongyong Guo
Independent Non-Executive Director2.33yrsHK$240.00kno data
Kai Lau
Non-Executive Director0.92yrno datano data
Tixin Li
Independent Non-Executive Director0.92yrno datano data

2.3yrs

Average Tenure

43yo

Average Age

Experienced Board: 8187's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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

Jimu Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jimu Group Limited
  • Ticker: 8187
  • Exchange: SEHK
  • Founded: 2009
  • Industry: Footwear
  • Sector: Consumer Durables
  • Market Cap: HK$220.800m
  • Shares outstanding: 480.00m
  • Website: https://www.jimugroup.hk

Number of Employees


Location

  • Jimu Group Limited
  • Prudential Tower
  • Suite 2207, 22th Floor
  • Kowloon
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8187SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2016

Biography

Jimu Group Limited and its subsidiaries engage in the design, development, sourcing, marketing, and sale of footwear to wholesalers and retailers in Hong Kong and the People’s Republic of China. The company operates through two segments, Footwear Business and Loan Facilitation Service. It offers formal and casual footwear for men, women, and children, as well as provides outsource footwear manufacturing services to original equipment manufacturers. The company also exports its footwear products to Australia, the United Kingdom, New Zealand, Belgium, the United Arab Emirates, the United States, Chile, and internationally. In addition, Jimu Group Limited provides loan facilitation services, which assist the qualified borrowers to obtain financing from various financial institutions or investors who have registered with online information intermediary service platforms. Its pre-loan and post-loan facilitation services comprise business consulting and credit assessment services. The company offers its loan facilitation services to individual customers through approximately 40 branch offices in the People’s Republic of China. The company was formerly known as Ever Smart International Holdings Limited and changed its name to Jimu Group Limited in February 2018. The company was founded in 2009 and is headquartered in Kowloon, Hong Kong. Jimu Group Limited is a subsidiary of Jimu Group Holdings Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/01 13:16
End of Day Share Price2020/04/01 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.