8476 Stock Overview
Ocean One Holding Ltd., an investment holding company, engages in importing and wholesaling of frozen seafood products in Hong Kong, Macau, Mainland China, Taiwan, and Japan.
Ocean One Holding Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.79|
|52 Week High||HK$0.95|
|52 Week Low||HK$0.59|
|1 Month Change||1.28%|
|3 Month Change||17.91%|
|1 Year Change||-1.25%|
|3 Year Change||8.22%|
|5 Year Change||n/a|
|Change since IPO||-35.77%|
Recent News & Updates
Ocean One Holding (HKG:8476) Is Paying Out A Larger Dividend Than Last Year
Ocean One Holding Ltd. ( HKG:8476 ) will increase its dividend on the 9th of September to HK$0.033, which is 32% higher...
Ocean One Holding's (HKG:8476) Upcoming Dividend Will Be Larger Than Last Year's
The board of Ocean One Holding Ltd. ( HKG:8476 ) has announced that it will be increasing its dividend by 32% on the...
|8476||HK Consumer Retailing||HK Market|
Return vs Industry: 8476 exceeded the Hong Kong Consumer Retailing industry which returned -45.8% over the past year.
Return vs Market: 8476 exceeded the Hong Kong Market which returned -22% over the past year.
|8476 Average Weekly Movement||4.1%|
|Consumer Retailing Industry Average Movement||6.3%|
|Market Average Movement||6.5%|
|10% most volatile stocks in HK Market||12.6%|
|10% least volatile stocks in HK Market||3.2%|
Stable Share Price: 8476 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 8476's weekly volatility (4%) has been stable over the past year.
About the Company
|2002||19||Tsan Fong Chan Chan||https://oceanoneholding.com|
Ocean One Holding Ltd., an investment holding company, engages in importing and wholesaling of frozen seafood products in Hong Kong, Macau, Mainland China, Taiwan, and Japan. It offers frozen seafood products in various categories, such as prawns; scallops, oysters, and surf clams; fishes; crabs and roe; octopuses and cuttlefishes; processed seafood products; and miscellaneous products. The company is also involved in the property holding business.
Ocean One Holding Fundamentals Summary
|8476 fundamental statistics|
Is 8476 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|8476 income statement (TTM)|
|Cost of Revenue||HK$363.19m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.16|
|Net Profit Margin||10.10%|
How did 8476 perform over the long term?See historical performance and comparison
4.2%Current Dividend Yield
Does 8476 pay a reliable dividends?See 8476 dividend history and benchmarks
|Ocean One Holding dividend dates|
|Ex Dividend Date||Aug 23 2022|
|Dividend Pay Date||Sep 09 2022|
|Days until Ex dividend||10 days|
|Days until Dividend pay date||27 days|
Does 8476 pay a reliable dividends?See 8476 dividend history and benchmarks
Is 8476 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 8476?
Other financial metrics that can be useful for relative valuation.
|What is 8476's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 8476's PE Ratio compare to its peers?
|8476 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
1936 Ritamix Global
1705 B & S International Holdings
1587 Shineroad International Holdings
677 Golden Resources Development International
8476 Ocean One Holding
Price-To-Earnings vs Peers: 8476 is good value based on its Price-To-Earnings Ratio (5x) compared to the peer average (66.6x).
Price to Earnings Ratio vs Industry
How does 8476's PE Ratio compare vs other companies in the Asian Consumer Retailing Industry?
Price-To-Earnings vs Industry: 8476 is good value based on its Price-To-Earnings Ratio (5x) compared to the Hong Kong Consumer Retailing industry average (12x)
Price to Earnings Ratio vs Fair Ratio
What is 8476's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||5x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 8476's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 8476 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 8476 (HK$0.79) is trading below our estimate of fair value (HK$2.37)
Significantly Below Fair Value: 8476 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Ocean One Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Ocean One Holding 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.
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- Examine whether Ocean One Holding 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.
- Ocean One Holding competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Ocean One Holding performed over the past 5 years?
Past Performance Score6/6
Past Performance Score 6/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8476 has high quality earnings.
Growing Profit Margin: 8476's current net profit margins (10.1%) are higher than last year (8.7%).
Past Earnings Growth Analysis
Earnings Trend: 8476's earnings have grown significantly by 25.1% per year over the past 5 years.
Accelerating Growth: 8476's earnings growth over the past year (48.1%) exceeds its 5-year average (25.1% per year).
Earnings vs Industry: 8476 earnings growth over the past year (48.1%) exceeded the Consumer Retailing industry 22.5%.
Return on Equity
High ROE: 8476's Return on Equity (23%) is considered high.
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How is Ocean One Holding's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 8476's short term assets (HK$146.6M) exceed its short term liabilities (HK$16.0M).
Long Term Liabilities: 8476's short term assets (HK$146.6M) exceed its long term liabilities (HK$72.0K).
Debt to Equity History and Analysis
Debt Level: 8476 has more cash than its total debt.
Reducing Debt: 8476's debt to equity ratio has reduced from 256.9% to 0.5% over the past 5 years.
Debt Coverage: 8476's debt is well covered by operating cash flow (2597%).
Interest Coverage: 8476's interest payments on its debt are well covered by EBIT (1009.9x coverage).
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What is Ocean One Holding current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 8476's dividend (4.18%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.87%).
High Dividend: 8476's dividend (4.18%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.25%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 8476 has been paying a dividend for less than 10 years.
Growing Dividend: 8476's dividend payments have increased, but the company has only paid a dividend for 4 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (21.1%), 8476's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (42.3%), 8476's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tsan Fong Chan Chan (50 yo)
Mr. Kin Fung Chan, also known as Tsan Fong Chan serves as Chairman and Chief Executive Officer of Ocean One Holding Ltd. and has been its Executive Director since April 2017. Mr. Chan is the Founder of Oce...
CEO Compensation Analysis
Compensation vs Market: Tsan Fong Chan's total compensation ($USD120.60K) is below average for companies of similar size in the Hong Kong market ($USD246.27K).
Compensation vs Earnings: Tsan Fong Chan's compensation has been consistent with company performance over the past year.
Experienced Management: 8476's management team is seasoned and experienced (5.5 years average tenure).
Experienced Board: 8476's board of directors are considered experienced (4.9 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.
Ocean One Holding Ltd.'s employee growth, exchange listings and data sources
- Name: Ocean One Holding Ltd.
- Ticker: 8476
- Exchange: SEHK
- Founded: 2002
- Industry: Food Distributors
- Sector: Consumer Retailing
- Implied Market Cap: HK$221.200m
- Shares outstanding: 280.00m
- Website: https://oceanoneholding.com
Number of Employees
- Ocean One Holding Ltd.
- Goodwill Industrial Building
- 5th Floor
- Tsuen Wan
- New Territories
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/12 00:00|
|End of Day Share Price||2022/08/12 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.