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Ying Kee Tea House Group

SEHK:8241
Snowflake Description

Flawless balance sheet with limited growth.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8241
SEHK
HK$85M
Market Cap
  1. Home
  2. HK
  3. Consumer Retailing
Company description

Ying Kee Tea House Group Limited, an investment holding company, operates as a Chinese tea leaves retailer for individual and corporate customers in Hong Kong. The last earnings update was 110 days ago. More info.


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8241 Share Price and Events
7 Day Returns
-3.3%
SEHK:8241
5.4%
HK Consumer Retailing
-2.5%
HK Market
1 Year Returns
-51%
SEHK:8241
-25.7%
HK Consumer Retailing
-15.9%
HK Market
8241 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ying Kee Tea House Group (8241) -3.3% -7.8% -1.7% -51% - -
HK Consumer Retailing 5.4% -1.4% -9.7% -25.7% 7.7% -34.1%
HK Market -2.5% -8.6% -3.6% -15.9% 25.4% 7.8%
1 Year Return vs Industry and Market
  • 8241 underperformed the Consumer Retailing industry which returned -25.7% over the past year.
  • 8241 underperformed the Market in Hong Kong which returned -15.9% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

8241 Value

 Is Ying Kee Tea House Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Ying Kee Tea House Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Ying Kee Tea House Group.

SEHK:8241 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7.3%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:8241
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6.7%
Consumer Retailing Unlevered Beta Simply Wall St/ S&P Global 0.46
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.458 (1 + (1- 25%) (0%))
0.637
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (0.8 * 6.65%)
7.32%

Discounted Cash Flow Calculation for SEHK:8241 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Ying Kee Tea House Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:8241 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 7.32%)
2019 0.78 Est @ 7.56% 0.73
2020 0.83 Est @ 5.89% 0.72
2021 0.87 Est @ 4.73% 0.70
2022 0.90 Est @ 3.91% 0.68
2023 0.93 Est @ 3.34% 0.65
2024 0.96 Est @ 2.94% 0.63
2025 0.99 Est @ 2.66% 0.60
2026 1.01 Est @ 2.46% 0.57
2027 1.03 Est @ 2.32% 0.55
2028 1.06 Est @ 2.23% 0.52
Present value of next 10 years cash flows HK$6.36
SEHK:8241 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= HK$1.06 × (1 + 2%) ÷ (7.32% – 2%)
HK$20.25
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$20.25 ÷ (1 + 7.32%)10
HK$9.99
SEHK:8241 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$6.36 + HK$9.99
HK$16.34
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$16.34 / 360.00
HK$0.05
SEHK:8241 Discount to Share Price
Calculation Result
Value per share (HKD) From above. HK$0.05
Current discount Discount to share price of HK$0.24
= -1 x (HK$0.24 - HK$0.05) / HK$0.05
-417.7%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Ying Kee Tea House Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Ying Kee Tea House Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ying Kee Tea House Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8241 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$-0.01
SEHK:8241 Share Price ** SEHK (2019-05-17) in HKD HK$0.24
Hong Kong Consumer Retailing Industry PE Ratio Median Figure of 19 Publicly-Listed Consumer Retailing Companies 15.77x
Hong Kong Market PE Ratio Median Figure of 1,476 Publicly-Listed Companies 11.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Ying Kee Tea House Group.

SEHK:8241 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8241 Share Price ÷ EPS (both in HKD)

= 0.24 ÷ -0.01

-29.92x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ying Kee Tea House Group is loss making, we can't compare its value to the HK Consumer Retailing industry average.
  • Ying Kee Tea House Group is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Ying Kee Tea House Group's expected growth come at a high price?
Raw Data
SEHK:8241 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -29.92x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
11.8%per year
Asia Consumer Retailing Industry PEG Ratio Median Figure of 6 Publicly-Listed Consumer Retailing Companies 3.17x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.79x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Ying Kee Tea House Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ying Kee Tea House Group's assets?
Raw Data
SEHK:8241 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$0.11
SEHK:8241 Share Price * SEHK (2019-05-17) in HKD HK$0.24
Hong Kong Consumer Retailing Industry PB Ratio Median Figure of 33 Publicly-Listed Consumer Retailing Companies 1.05x
Hong Kong Market PB Ratio Median Figure of 2,155 Publicly-Listed Companies 0.97x
SEHK:8241 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8241 Share Price ÷ Book Value per Share (both in HKD)

= 0.24 ÷ 0.11

2.18x

* Primary Listing of Ying Kee Tea House Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Ying Kee Tea House Group is overvalued based on assets compared to the HK Consumer Retailing industry average.
X
Value checks
We assess Ying Kee Tea House Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Retailing industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Retailing industry average (and greater than 0)? (1 check)
  5. Ying Kee Tea House Group has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

8241 Future Performance

 How is Ying Kee Tea House Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Ying Kee Tea House Group, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
11.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ying Kee Tea House Group expected to grow at an attractive rate?
  • Ying Kee Tea House Group's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Ying Kee Tea House Group's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare Ying Kee Tea House Group's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8241 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:8241 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 11.8%
Hong Kong Consumer Retailing Industry Earnings Growth Rate Market Cap Weighted Average 6.4%
Asia Consumer Retailing Industry Revenue Growth Rate Market Cap Weighted Average 9.9%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:8241 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:8241 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:8241 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 47 -3
2018-09-30 46 -6 -4
2018-06-30 46 -6
2018-03-31 45 -3 -3
2017-12-31 48 3
2017-09-30 46 6 6
2017-06-30 45 11 10
2017-03-31 45 14 12
2016-03-31 43 9 8

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ying Kee Tea House Group's earnings are expected to grow by 11.8% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Ying Kee Tea House Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:8241 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ying Kee Tea House Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8241 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:8241 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 -0.02
2018-03-31 -0.01
2017-12-31 0.01
2017-09-30 0.02
2017-06-30 0.04
2017-03-31 0.05
2016-03-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Ying Kee Tea House Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ying Kee Tea House Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Ying Kee Tea House Group has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

8241 Past Performance

  How has Ying Kee Tea House Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Ying Kee Tea House Group's growth in the last year to its industry (Consumer Retailing).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Ying Kee Tea House Group does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Ying Kee Tea House Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Ying Kee Tea House Group's 1-year growth to the HK Consumer Retailing industry average as it is not currently profitable.
Earnings and Revenue History
Ying Kee Tea House Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Ying Kee Tea House Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8241 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 46.68 -2.63 43.65
2018-09-30 46.38 -4.20 41.48
2018-06-30 46.18 -6.48 41.41
2018-03-31 45.40 -3.18 36.99
2017-12-31 48.21 3.07 23.33
2017-09-30 45.63 5.75 22.13
2017-06-30 45.31 10.06 23.56
2017-03-31 44.54 12.30 20.78
2016-03-31 42.78 7.89 24.36

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Ying Kee Tea House Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Ying Kee Tea House Group has efficiently used its assets last year compared to the HK Consumer Retailing industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Ying Kee Tea House Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Ying Kee Tea House Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Retailing industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Ying Kee Tea House Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

8241 Health

 How is Ying Kee Tea House Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Ying Kee Tea House Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ying Kee Tea House Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ying Kee Tea House Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ying Kee Tea House Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Ying Kee Tea House Group has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Ying Kee Tea House Group Company Filings, last reported 4 months ago.

SEHK:8241 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 38.77 0.00 25.72
2018-09-30 38.77 0.00 25.72
2018-06-30 2.12 10.00 3.53
2018-03-31 2.12 10.00 3.53
2017-12-31
2017-09-30 3.11 10.00 3.66
2017-06-30 6.30 11.70 4.91
2017-03-31 7.29 7.70 2.75
2016-03-31 15.00 2.36 1.81
  • Ying Kee Tea House Group has no debt.
  • Ying Kee Tea House Group currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Ying Kee Tea House Group has no debt, it does not need to be covered by operating cash flow.
  • Ying Kee Tea House Group has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Ying Kee Tea House Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Ying Kee Tea House Group has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

8241 Dividends

 What is Ying Kee Tea House Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Ying Kee Tea House Group dividends.
If you bought HK$2,000 of Ying Kee Tea House Group shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Ying Kee Tea House Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ying Kee Tea House Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:8241 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Consumer Retailing Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 2.4%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 968 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:8241 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Ying Kee Tea House Group has not reported any payouts.
  • Unable to verify if Ying Kee Tea House Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Ying Kee Tea House Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Ying Kee Tea House Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Ying Kee Tea House Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Ying Kee Tea House Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Ying Kee Tea House Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

8241 Management

 What is the CEO of Ying Kee Tea House Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Kun Yuen Chan
COMPENSATION HK$0
AGE 58
CEO Bio

Mr. Kun Yuen Chan is Chief Executive Officer of Ying Kee Tea House Group Limited and its Director since September 14, 2017 and its Compliance Officer since October 2017. He is Coowner of Profit Ocean Enterprises Limited. Mr. Chan became an executive Director of Ying Kee Tea House Group Limited in October 2017. He has over 16 years of experience in the tea retail industry in Hong Kong. He formally joined Ying Kee in October 2000 as general manager working full-time, responsible for business development, marketing and corporate strategy formulation and execution and became a director of Ying Kee since September 2010. Prior to that, Mr. Chan served as a clerk with the Shipping Department of The East Asiatic Company Limited from September 1981 to June 1982. He also served as a clerk in the Export Department of Gibb, Livingston & Co. in June 1982 and was transferred to Gilman & Co., Ltd. in January 1983 and served until August 1986. From September 1986 to September 2000, Mr. Chan was working part-time for Ying Kee as a marketing associate, responsible for formulating marketing proposals and strategies for Ying Kee. Mr. Chan Kun Yuen was a director of Wealth & Rich Limited, Full King International Trading Co Limited, Link Profit Inc. Limited and Ying Kee Tea International Holdings Limited. Mr. Chan completed a one-year business course in office studies at Rosaryhill School in July 1981 after graduating from Hong Kong Chan Wai Chow Memorial College in November 1980.

CEO Compensation
  • Insufficient data for Kun Yuen to compare compensation growth.
  • Kun Yuen's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Ying Kee Tea House Group management team in years:

1.6
Average Tenure
58
Average Age
  • The average tenure for the Ying Kee Tea House Group management team is less than 2 years, this suggests a new team.
Management Team

Kwong Yuen Chan

TITLE
Executive Chairman
AGE
60

Kun Yuen Chan

TITLE
CEO, Compliance Officer & Executive Director
AGE
58

Shu Yuen Chan

TITLE
Executive Director
AGE
57
TENURE
1.6 yrs

Stephen So

TITLE
CFO & Company Secretary
AGE
62
TENURE
1.6 yrs

Choi Ho Man

TITLE
Human Resources & Administration Manager
AGE
55
TENURE
1.6 yrs
Board of Directors Tenure

Average tenure and age of the Ying Kee Tea House Group board of directors in years:

1.2
Average Tenure
49.5
Average Age
  • The average tenure for the Ying Kee Tea House Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Kwong Yuen Chan

TITLE
Executive Chairman
AGE
60

Kun Yuen Chan

TITLE
CEO, Compliance Officer & Executive Director
AGE
58
TENURE
11.7 yrs

Shu Yuen Chan

TITLE
Executive Director
AGE
57
TENURE
1.7 yrs

Chi Siu

TITLE
Independent Non-Executive Director
AGE
38
TENURE
1.2 yrs

Wai Ho Lee

TITLE
Independent Non-Executive Director
AGE
42
TENURE
1.2 yrs

Chee Wong

TITLE
Independent Non-Executive Director
AGE
42
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess Ying Kee Tea House Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Ying Kee Tea House Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

8241 News

Simply Wall St News

Introducing Ying Kee Tea House Group (HKG:8241), The Stock That Slid 53% In The Last Year

Ying Kee Tea House Group isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … When a company doesn't make profits, we'd generally expect to see good revenue growth. … In just one year Ying Kee Tea House Group saw its revenue fall by 3.2%.

Simply Wall St -

Was Ying Kee Tea House Group Limited's (HKG:8241) Earnings Decline Part Of A Broader Industry Downturn?

For Ying Kee Tea House Group, its most recent earnings (trailing twelve month) is HK$5.75M, which, in comparison to the previous year's level, has fallen by a substantial -43.07%. … Since these values are somewhat short-term thinking, I’ve computed an annualized five-year figure for Ying Kee Tea House Group's earnings, which stands at HK$9.00M This doesn’t seem to paint a better picture, as earnings seem to have consistently been declining over the longer term. … This implies that Ying Kee Tea House Group has been ramping up expenses, which is harming margins and earnings, and is not a sustainable practice.

Simply Wall St -

8241 Company Info

Description

Ying Kee Tea House Group Limited, an investment holding company, operates as a Chinese tea leaves retailer for individual and corporate customers in Hong Kong. It offers various tea products, including pu-erh, old luk on, white, black, oolong, green, fragrant, and miscellaneous tea products; and tea wares and tea gift sets under the Ying Kee Tea House brand name. As of March 13, 2018, the company operated seven retail shops and three concession counters. The company also offers products through its Website; and through platforms provided by business partners, exhibitions, and/or other booth sales, as well as direct sale to commercial customers. Ying Kee Tea House Group Limited was incorporated in 2017 and is headquartered in Siu Sai Wan, Hong Kong. Ying Kee Tea House Group Limited operates as a subsidiary of Profit Ocean Enterprises Limited.

Details
Name: Ying Kee Tea House Group Limited
8241
Exchange: SEHK
Founded: 2017
HK$84,600,000
360,000,000
Website: http://www.yingkeetea.com
Address: Ying Kee Tea House Group Limited
Wah Shing Centre,
8th Floor,
Siu Sai Wan,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8241 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 16. Apr 2018
Number of employees
Current staff
Staff numbers
57
Ying Kee Tea House Group employees.
Industry
Food Retail
Consumer Retailing
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 13:07
End of day share price update: 2019/05/17 00:00
Last estimates confirmation: 2018/06/24
Last earnings filing: 2019/01/30
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.