SEHK:156

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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

156IndustryMarket
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

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

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

NamePositionTenureCompensationOwnership
Stephen Riady
Chairman9.33yrsHK$36.60mno data
Luen-Wai Lee
CEO & Executive Director9.33yrsHK$15.10mno data
Siu Lung Lee
Executive Director5.17yrsHK$2.26m0.000020% HK$257.2
Au Shiu Leung
Chief Financial Officer9yrsno datano data
Fun Luk Yuen
Secretary27.58yrsno datano 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

NamePositionTenureCompensationOwnership
Stephen Riady
Chairman9.33yrsHK$36.60mno data
Luen-Wai Lee
CEO & Executive Director9.33yrsHK$15.10mno data
Siu Lung Lee
Executive Director5.17yrsHK$2.26m0.000020% HK$257.2
Edwin Neo
Independent Non-Executive Director18.33yrsHK$394.00kno data
Nim Leung Chan
Non-Executive Director23.5yrsHK$394.00kno data
Ha Kuk Yung
Independent Non-Executive Director15.83yrsHK$421.00kno data
King Fai Tsui
Independent Non-Executive Director15.83yrsHK$449.00kno 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
156SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992
LPPC.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
LIQMUN (Boerse Muenchen)YesOrdinary SharesDEEURJan 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/07 12:39
End of Day Share Price2020/07/07 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.