Lippo China Resources
Market Cap
HK$1.3b
Last Updated
2020/07/07 12:39 UTC
Data Sources
Company Financials
Executive Summary
Lippo China Resources Limited, an investment holding company, primarily engages in food, and property investment and development businesses in Hong Kong, Mainland China, Singapore, Malaysia, and internationally.
Snowflake Analysis
Fair value with mediocre balance sheet.
Similar Companies
Share Price & News
How has Lippo China Resources's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 156's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-10.3%
156
-5.1%
HK Consumer Retailing
9.1%
HK Market
1 Year Return
-21.5%
156
45.1%
HK Consumer Retailing
0.9%
HK Market
Return vs Industry: 156 underperformed the Hong Kong Consumer Retailing industry which returned 45.1% over the past year.
Return vs Market: 156 underperformed the Hong Kong Market which returned 0.9% over the past year.
Shareholder returns
| 156 | Industry | Market | |
|---|---|---|---|
| 7 Day | -10.3% | -5.1% | 9.1% |
| 30 Day | -10.9% | 8.6% | 8.2% |
| 90 Day | -17.3% | 4.6% | 13.8% |
| 1 Year | -7.9%-21.5% | 47.8%45.1% | 4.6%0.9% |
| 3 Year | -33.6%-47.5% | 50.8%43.5% | 13.1%1.4% |
| 5 Year | -35.1%-52.9% | 55.3%37.9% | 10.8%-7.1% |
Price Volatility Vs. Market
How volatile is Lippo China Resources's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Is Lippo China Resources (HKG:156) Using Debt In A Risky Way?1 month ago | Simply Wall St
Is Lippo China Resources Limited's (HKG:156) CEO Salary Justified?2 months ago | Simply Wall St
A Look At The Fair Value Of Lippo China Resources Limited (HKG:156)Valuation
Is Lippo China Resources undervalued compared to its fair value and its price relative to the market?
20.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 156 (HK$0.14) is trading below our estimate of fair value (HK$0.18)
Significantly Below Fair Value: 156 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 156 is unprofitable, so we can't compare its PE Ratio to the Consumer Retailing industry average.
PE vs Market: 156 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 156's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 156 is good value based on its PB Ratio (0.4x) compared to the HK Consumer Retailing industry average (0.9x).
Next Steps
Future Growth
How is Lippo China Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.0%
Forecasted Consumer Retailing 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 Lippo China Resources 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
- Examine whether Lippo China Resources 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.
- Lippo China Resources competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Retailing industry.
Past Performance
How has Lippo China Resources performed over the past 5 years?
-39.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 156 is currently unprofitable.
Growing Profit Margin: 156 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 156 is unprofitable, and losses have increased over the past 5 years at a rate of -39.5% per year.
Accelerating Growth: Unable to compare 156's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 156 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (6.6%).
Return on Equity
High ROE: 156 has a negative Return on Equity (-5.35%), as it is currently unprofitable.
Next Steps
Financial Health
How is Lippo China Resources's financial position?
Financial Position Analysis
Short Term Liabilities: 156's short term assets (HK$1.8B) exceed its short term liabilities (HK$1.1B).
Long Term Liabilities: 156's short term assets (HK$1.8B) exceed its long term liabilities (HK$283.7M).
Debt to Equity History and Analysis
Debt Level: 156's debt to equity ratio (24%) is considered satisfactory.
Reducing Debt: 156's debt to equity ratio has increased from 13.7% to 24% over the past 5 years.
Debt Coverage: 156's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: Insufficient data to determine if 156's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Lippo China Resources's current dividend yield, its reliability and sustainability?
7.19%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 156's dividend (7.19%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 156's dividend (7.19%) is in the top 25% of dividend payers in the Hong Kong market (6.54%)
Stability and Growth of Payments
Stable Dividend: 156's dividend payments have been volatile in the past 10 years.
Growing Dividend: 156's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: 156 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?
9.3yrs
Average management tenure
CEO
John Lee (71yo)
9.33yrs
Tenure
HK$15,102,000
Compensation
Mr. Lee Luen-Wai, also known as John, BBS, FCA, JP serves as Principal at Go Capital & EOC. Mr. Lee has been the Chief Executive Officer of Lippo China Resources Limited since March 25, 2011. Mr. Lee has b ...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD1.95M) is above average for companies of similar size in the Hong Kong market ($USD273.34K).
Compensation vs Earnings: John's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 9.33yrs | HK$36.60m | no data | |
| CEO & Executive Director | 9.33yrs | HK$15.10m | no data | |
| Executive Director | 5.17yrs | HK$2.26m | 0.000020% HK$257.2 | |
| Chief Financial Officer | 9yrs | no data | no data | |
| Secretary | 27.58yrs | no data | no data |
9.3yrs
Average Tenure
57.5yo
Average Age
Experienced Management: 156's management team is seasoned and experienced (9.3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 9.33yrs | HK$36.60m | no data | |
| CEO & Executive Director | 9.33yrs | HK$15.10m | no data | |
| Executive Director | 5.17yrs | HK$2.26m | 0.000020% HK$257.2 | |
| Independent Non-Executive Director | 18.33yrs | HK$394.00k | no data | |
| Non-Executive Director | 23.5yrs | HK$394.00k | no data | |
| Independent Non-Executive Director | 15.83yrs | HK$421.00k | no data | |
| Independent Non-Executive Director | 15.83yrs | HK$449.00k | no data |
15.8yrs
Average Tenure
66yo
Average Age
Experienced Board: 156's board of directors are seasoned and experienced ( 15.8 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
Lippo China Resources Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Lippo China Resources Limited
- Ticker: 156
- Exchange: SEHK
- Founded:
- Industry: Food Distributors
- Sector: Consumer Retailing
- Market Cap: HK$1.286b
- Shares outstanding: 9.19b
- Website: https://www.lcr.com.hk
Number of Employees
Location
- Lippo China Resources Limited
- Tower Two
- 40th Floor
- Central
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 156 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jan 1992 |
| LPPC.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Jan 1992 |
| LIQ | MUN (Boerse Muenchen) | Yes | Ordinary Shares | DE | EUR | Jan 1992 |
Biography
Lippo China Resources Limited, an investment holding company, primarily engages in food, and property investment and development businesses in Hong Kong, Mainland China, Singapore, Malaysia, and internationally. It operates through Property Investment, Property Development, Treasury Investment, Securities Investment, Food Businesses, Healthcare Services, Mineral Exploration and Extraction, and Other segments. It distributes customer food and non-food products; and operates and manages restaurants and food courts, as well as manufactures and retails food products. The company is also involved in the development, letting, sale, and resale of real estate properties, as well as offers property management and real estate agency services. In addition, it invests in money markets and securities held-for-trading; engages in the exploration, extraction, and processing of minerals; and provision of money lending services. Further, the company is involved in intellectual property and financing activities; provision of management and commercial consulting services; and development of software products. Additionally, it engages in the development and sale of franchising activities; and wholesale trade, distribution, and retail of general products, and food and beverage products. The company is headquartered in Central, Hong Kong. Lippo China Resources Limited is a subsidiary of Skyscraper Realty Limited.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/07 12:39 |
| End of Day Share Price | 2020/07/07 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
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.