Hong Kong Food Investment Holdings Limited, an investment holding company, trades in frozen meats, seafood, and vegetables.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.68|
|52 Week High||HK$0.55|
|52 Week Low||HK$0.89|
|1 Month Change||1.49%|
|3 Month Change||-13.92%|
|1 Year Change||17.24%|
|3 Year Change||-18.07%|
|5 Year Change||-40.87%|
|Change since IPO||-65.48%|
Recent News & Updates
We Discuss Why Hong Kong Food Investment Holdings Limited's (HKG:60) CEO Compensation May Be Closely Reviewed
Hong Kong Food Investment Holdings Limited ( HKG:60 ) has not performed well recently and CEO Ellis Man will probably...
Is Hong Kong Food Investment Holdings (HKG:60) Using Debt Sensibly?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
|60||HK Consumer Retailing||HK Market|
Return vs Industry: 60 exceeded the Hong Kong Consumer Retailing industry which returned -41.8% over the past year.
Return vs Market: 60 exceeded the Hong Kong Market which returned 6.2% over the past year.
Stable Share Price: 60 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 60's weekly volatility (8%) has been stable over the past year.
About the Company
Hong Kong Food Investment Holdings Limited, an investment holding company, trades in frozen meats, seafood, and vegetables. It operates in two segments, Trading and Others. The company offers poultry, pork, beef, marine products, and other frozen food products to supermarket chains, fast food chains, Chinese restaurants, western restaurants, hotels, airlines, catering distributors, and frozen meat retailers in the wet market.
Hong Kong Food Investment Holdings Fundamentals Summary
|60 fundamental statistics|
Is 60 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|60 income statement (TTM)|
|Cost of Revenue||HK$115.11m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.016|
|Net Profit Margin||-3.17%|
How did 60 perform over the long term?See historical performance and comparison
Is Hong Kong Food Investment Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 60's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 60's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 60 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Consumer Retailing industry average.
PE vs Market: 60 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 60's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 60 is good value based on its PB Ratio (0.3x) compared to the HK Consumer Retailing industry average (0.9x).
How is Hong Kong Food Investment Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Hong Kong Food Investment 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.
How has Hong Kong Food Investment Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 60 is currently unprofitable.
Growing Profit Margin: 60 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 60 is unprofitable, and losses have increased over the past 5 years at a rate of 2.9% per year.
Accelerating Growth: Unable to compare 60's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 60 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Retailing industry (12.8%).
Return on Equity
High ROE: 60 has a negative Return on Equity (-0.6%), as it is currently unprofitable.
How is Hong Kong Food Investment Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 60's short term assets (HK$195.5M) exceed its short term liabilities (HK$45.6M).
Long Term Liabilities: 60's short term assets (HK$195.5M) exceed its long term liabilities (HK$13.6M).
Debt to Equity History and Analysis
Debt Level: 60's debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: 60's debt to equity ratio has reduced from 35.7% to 3.4% over the past 5 years.
Debt Coverage: 60's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 60's interest payments on its debt are well covered by EBIT.
What is Hong Kong Food Investment Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 60's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 60's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 60's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 60's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 60 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 60's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ellis Man (65 yo)
Mr. Wing Cheung Man, also known as Ellis, has been the Managing Director of Hong Kong Food Investment Holdings Ltd. since February 24, 2011. Mr. Man serves as Finance Director of Four Seas Mercantile Holdi...
CEO Compensation Analysis
Compensation vs Market: Ellis's total compensation ($USD180.72K) is about average for companies of similar size in the Hong Kong market ($USD228.12K).
Compensation vs Earnings: Ellis's compensation has been consistent with company performance over the past year.
Experienced Board: 60's board of directors are seasoned and experienced ( 23.8 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.
Hong Kong Food Investment Holdings Limited's employee growth, exchange listings and data sources
- Name: Hong Kong Food Investment Holdings Limited
- Ticker: 60
- Exchange: SEHK
- Founded: 1991
- Industry: Food Distributors
- Sector: Consumer Retailing
- Market Cap: HK$176.518m
- Shares outstanding: 259.59m
- Website: https://www.hongkongfoodinvestment.com.hk
Number of Employees
- Hong Kong Food Investment Holdings Limited
- 2905-07, Manhattan Place
- 29th Floor
- Kowloon Bay
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:03|
|End of Day Share Price||2021/10/21 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.