SEHK:2213

Stock Analysis Report

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Executive Summary

Yi Hua Holdings Limited, an investment holding company, operates department stores under the Yihua Department Store brand in the People’s Republic of China.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

How has Yi Hua Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2213's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.8%

2213

-6.4%

HK Consumer Retailing

-3.0%

HK Market


1 Year Return

-72.7%

2213

42.6%

HK Consumer Retailing

-11.2%

HK Market

Return vs Industry: 2213 underperformed the Hong Kong Consumer Retailing industry which returned 42.6% over the past year.

Return vs Market: 2213 underperformed the Hong Kong Market which returned -11.2% over the past year.


Shareholder returns

2213IndustryMarket
7 Day-6.8%-6.4%-3.0%
30 Day7.9%-9.8%-1.2%
90 Day-6.8%1.5%-10.0%
1 Year-72.7%-72.7%45.4%42.6%-8.2%-11.2%
3 Year-88.1%-88.5%19.7%14.1%-5.5%-14.9%
5 Year-86.4%-87.4%34.1%19.6%-17.8%-30.5%

Price Volatility Vs. Market

How volatile is Yi Hua Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Yi Hua Holdings undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Yi Hua Holdings is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Yi Hua Holdings has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of 2213’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Yi Hua Holdings regulatory filings.
  • Explore potentially undervalued companies in the Consumer Retailing industry.

Future Growth

How is Yi Hua Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.7%

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 Yi Hua 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

  • Take a look at our analysis of 2213’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Yi Hua Holdings 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 Yi Hua Holdings performed over the past 5 years?

-79.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2213 is currently unprofitable.

Growing Profit Margin: 2213 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 2213 is unprofitable, and losses have increased over the past 5 years at a rate of -79.2% per year.

Accelerating Growth: Unable to compare 2213's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2213 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (3.9%).


Return on Equity

High ROE: 2213's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Yi Hua Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 2213 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 2213 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 2213 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 2213's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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 2213 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 2213 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Yi Hua Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 2213's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 2213's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 2213's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2213's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 2213 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 2213'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?

6.3yrs

Average management tenure


CEO

Xinpei Fan (64yo)

no data

Tenure

CN¥1,231,000

Compensation

Mr. Xinpei Fan serves as the Chief Executive Officer at Yi Hua Holdings Limited (a/k/a, Yi Hua Department Store Holdings Limited) and has been its Executive Director since April 20, 2012. Mr. Fan is respon ...


CEO Compensation Analysis

Compensation vs Market: Xinpei's total compensation ($USD172.49K) is about average for companies of similar size in the Hong Kong market ($USD224.52K).

Compensation vs Earnings: Xinpei's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Xinpei Fan
CEO & Executive Directorno dataCN¥1.23m8.98% CN¥18.5m
Wai Leung
Executive Director6.5yrsCN¥759.00kno data
Wei Chaoling
Executive Director0.50yrCN¥1.05mno data
Wing York Tse
CFO, Executive Director & Company Secretary0.50yrno datano data
Guping Wang
Assistant President of Guangdong Yihua and Deputy GM of Investment & Development Department6.33yrsno datano data
Deng Zhipeng
GM of Guangdong Yihua Commerce Limited & Yihua Wanguo Commerce Limited and Executive Director0.50yrno data0.035% CN¥71.3k

6.3yrs

Average Tenure

47yo

Average Age

Experienced Management: 2213's management team is seasoned and experienced (6.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Xinpei Fan
CEO & Executive Directorno dataCN¥1.23m8.98% CN¥18.5m
Wai Leung
Executive Director6.5yrsCN¥759.00kno data
Wei Chaoling
Executive Director0.50yrCN¥1.05mno data
Wing York Tse
CFO, Executive Director & Company Secretary0.50yrno datano data
Deng Zhipeng
GM of Guangdong Yihua Commerce Limited & Yihua Wanguo Commerce Limited and Executive Director0.50yrno data0.035% CN¥71.3k
Tony I. Tong
Independent Non-Executive Director0.42yrno datano data
Jianren Chen
Executive Chairmanno dataCN¥1.31mno data
Daren Chen
Non-Executive Director6.5yrsCN¥60.00k58.69% CN¥120.7m
Zhiyi Zeng
Independent Non-Executive Director0.42yrno datano data
Ning Chong
Independent Non-Executive Director0.33yrno datano data

0.5yrs

Average Tenure

49yo

Average Age

Experienced Board: 2213's board of directors are not considered experienced ( 0.5 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Yi Hua Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Yi Hua Holdings Limited
  • Ticker: 2213
  • Exchange: SEHK
  • Founded: 1994
  • Industry: Food Retail
  • Sector: Consumer Retailing
  • Market Cap: HK$205.647m
  • Shares outstanding: 1.00b
  • Website: https://www.yihua.com.cn

Number of Employees


Location

  • Yi Hua Holdings Limited
  • Yihua Century Square
  • Zhongshan 3rd Road
  • Zhongshan
  • Guangdong Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2213SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2013

Biography

Yi Hua Holdings Limited, an investment holding company, operates department stores under the Yihua Department Store brand in the People’s Republic of China. It operates through eight segments: Department Store, Supermarket and Convenience Store, Electrical Appliances, Furniture, Consulting Service, Property Investment, Property development, and Others. The Department Store segment offers watches, jewelries, cosmetics, handbags, leather goods, children’s products, clothing, shoes, textiles, sportswear, beddings, etc. The Supermarket and Convenience Store segment offers food and beverages, perishables, and other household products under the Yihua Lejia Supermarket brand. The Electrical Appliances segment provides electrical appliances, such as refrigerators, washing machines, air conditioners, televisions, kitchen appliances, rice cookers, hair dryers, toasters, etc. under the Yihua Sihai Electrical Appliance Centre brand. The Furniture segment operates furniture stores under the Yihua Shijia brand. The Consulting Service segment engages in the market research activities, as well as provides advice on design, decoration, and layout for properties. The Property Investment segment develops and leases commercial properties. The Property Development segment develops and sells residential properties, carparks, and commercial properties. The Others segment engages in the production and sale of game console; educational software development; and virtual reality business. The company also engages in the e-commerce business; and the operation of vegetables and fruits stores. Yi Hua Holdings Limited was formerly known as Yi Hua Department Store Holdings Limited and changed its name to Yi Hua Holdings Limited in October 2015. The company was founded in 1994 and is headquartered in Zhongshan, the People’s Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/26 06:41
End of Day Share Price2020/05/25 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.