Alpha Era International Holdings Limited, an investment holding company, designs, manufactures, and markets inflatable products and related accessories in the People’s Republic of China, Europe, Australia, Oceania, North America, Asia, Central and South America, and Africa. More Details
Flawless balance sheet and good value.
Share Price & News
How has Alpha Era International Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8406 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: 8406's weekly volatility (11%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 8406 exceeded the Hong Kong Leisure industry which returned -10.6% over the past year.
Return vs Market: 8406 exceeded the Hong Kong Market which returned 19.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Alpha Era International Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StHere's Why I Think Alpha Era International Holdings (HKG:8406) Might Deserve Your Attention Today
1 month ago | Simply Wall StAre Robust Financials Driving The Recent Rally In Alpha Era International Holdings Limited's (HKG:8406) Stock?
2 months ago | Simply Wall StHas Alpha Era International Holdings (HKG:8406) Got What It Takes To Become A Multi-Bagger?
Is Alpha Era International Holdings 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: 8406 (HK$0.26) is trading below our estimate of fair value (HK$0.48)
Significantly Below Fair Value: 8406 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8406 is good value based on its PE Ratio (6x) compared to the HK Leisure industry average (9.8x).
PE vs Market: 8406 is good value based on its PE Ratio (6x) compared to the Hong Kong market (12x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8406's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8406 is overvalued based on its PB Ratio (1.4x) compared to the HK Leisure industry average (0.8x).
How is Alpha Era International Holdings 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 Alpha Era 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.
- Examine whether Alpha Era International Holdings 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.
- Alpha Era International Holdings 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 Alpha Era International Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8406 has high quality earnings.
Growing Profit Margin: 8406's current net profit margins (10.5%) are lower than last year (10.7%).
Past Earnings Growth Analysis
Earnings Trend: 8406's earnings have grown significantly by 30.7% per year over the past 5 years.
Accelerating Growth: 8406's earnings growth over the past year (14.3%) is below its 5-year average (30.7% per year).
Earnings vs Industry: 8406 earnings growth over the past year (14.3%) underperformed the Leisure industry 18.7%.
Return on Equity
High ROE: 8406's Return on Equity (23.5%) is considered high.
How is Alpha Era International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 8406's short term assets (CN¥157.0M) exceed its short term liabilities (CN¥51.3M).
Long Term Liabilities: 8406's short term assets (CN¥157.0M) exceed its long term liabilities (CN¥22.5M).
Debt to Equity History and Analysis
Debt Level: 8406 is debt free.
Reducing Debt: 8406 has no debt compared to 5 years ago when its debt to equity ratio was 34.1%.
Debt Coverage: 8406 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8406 has no debt, therefore coverage of interest payments is not a concern.
What is Alpha Era International Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8406's dividend (2.92%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.02%).
High Dividend: 8406's dividend (2.92%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.26%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 8406 has been paying a dividend for less than 10 years.
Growing Dividend: 8406 has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19%), 8406's dividend payments are well 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jiansheng Xiao (57 yo)
Mr. Jiansheng Xiao is the Chief Executive Officer and Executive Director at Alpha Era International Holdings Limited since February 1, 2016 serves as its Compliance Officer. Mr. Xiao was appointed as the C...
CEO Compensation Analysis
Compensation vs Market: Jiansheng's total compensation ($USD79.76K) is below average for companies of similar size in the Hong Kong market ($USD230.32K).
Compensation vs Earnings: Jiansheng's compensation has increased by more than 20% in the past year.
|Executive Chairman of the Board||5yrs||CN¥467.00k||no data|
|CEO, Compliance Officer & Executive Director||5yrs||CN¥516.00k||no data|
|Non-Executive Director||5yrs||CN¥211.00k||21.53% |
|Independent Non-Executive Director||3.75yrs||CN¥51.00k||no data|
|Independent Non-Executive Director||2.25yrs||CN¥211.00k||no data|
|Independent Non-Executive Director||1yr||no data||no data|
Experienced Board: 8406's board of directors are considered experienced (4.4 years average tenure).
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.
Alpha Era International Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Alpha Era International Holdings Limited
- Ticker: 8406
- Exchange: SEHK
- Founded: 2003
- Industry: Leisure Products
- Sector: Consumer Durables
- Market Cap: HK$204.000m
- Shares outstanding: 800.00m
- Website: https://www.alpha-era.co
Number of Employees
- Alpha Era International Holdings Limited
- Dongcheng Industrial Zone
- Xinping Road
- Guangdong Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|8406||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Dec 2017|
Alpha Era International Holdings Limited, an investment holding company, designs, manufactures, and markets inflatable products and related accessories in the People’s Republic of China, Europe, Australia,...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/03/06 10:26|
|End of Day Share Price||2021/03/05 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.