SEHK:8476

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Executive Summary

Ocean One Holding Ltd., an investment holding company, engages in importing and wholesaling frozen seafood products in Hong Kong, Macau, Mainland China, and Taiwan. More Details


Snowflake Analysis

Excellent balance sheet and good value.

Share Price & News

How has Ocean One Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8476 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.4%

8476

8.1%

HK Consumer Retailing

1.2%

HK Market


1 Year Return

-7.7%

8476

0.4%

HK Consumer Retailing

2.7%

HK Market

Return vs Industry: 8476 underperformed the Hong Kong Consumer Retailing industry which returned 0.4% over the past year.

Return vs Market: 8476 underperformed the Hong Kong Market which returned 2.7% over the past year.


Shareholder returns

8476IndustryMarket
7 Day-1.4%8.1%1.2%
30 Day-1.4%-2.5%4.0%
90 Day-2.7%-21.3%3.2%
1 Year-4.9%-7.7%2.0%0.4%7.0%2.7%
3 Year-20.1%-28.0%-2.7%-7.6%-4.4%-14.8%
5 Yearn/a19.6%6.5%19.5%-0.7%

Price Volatility Vs. Market

How volatile is Ocean One Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Ocean One Holding undervalued compared to its fair value and its price relative to the market?

25.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 8476 (HK$0.72) is trading below our estimate of fair value (HK$0.97)

Significantly Below Fair Value: 8476 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8476 is good value based on its PE Ratio (8.7x) compared to the HK Consumer Retailing industry average (18.9x).

PE vs Market: 8476 is good value based on its PE Ratio (8.7x) compared to the Hong Kong market (11.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8476's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8476 is overvalued based on its PB Ratio (1.4x) compared to the HK Consumer Retailing industry average (1x).


Next Steps

Future Growth

How is Ocean One Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.0%

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 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.


Next Steps

Past Performance

How has Ocean One Holding performed over the past 5 years?

20.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8476 has high quality earnings.

Growing Profit Margin: 8476's current net profit margins (7%) are higher than last year (6.6%).


Past Earnings Growth Analysis

Earnings Trend: 8476's earnings have grown significantly by 20.3% per year over the past 5 years.

Accelerating Growth: 8476's earnings growth over the past year (6.9%) is below its 5-year average (20.3% per year).

Earnings vs Industry: 8476 earnings growth over the past year (6.9%) exceeded the Consumer Retailing industry -8.5%.


Return on Equity

High ROE: 8476's Return on Equity (16.6%) is considered low.


Next Steps

Financial Health

How is Ocean One Holding's financial position?


Financial Position Analysis

Short Term Liabilities: 8476's short term assets (HK$87.4M) exceed its short term liabilities (HK$11.0M).

Long Term Liabilities: 8476's short term assets (HK$87.4M) exceed its long term liabilities (HK$1.7M).


Debt to Equity History and Analysis

Debt Level: 8476's debt to equity ratio (1.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 8476's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 8476's debt is well covered by operating cash flow (684%).

Interest Coverage: 8476's interest payments on its debt are well covered by EBIT (207.7x coverage).


Balance Sheet


Next Steps

Dividend

What is Ocean One Holding current dividend yield, its reliability and sustainability?

3.06%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 8476's dividend (3.06%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.24%).

High Dividend: 8476's dividend (3.06%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.77%).


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 has only been paying a dividend for 2 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (26.6%), 8476's dividend payments are well covered by earnings.


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?

3.8yrs

Average management tenure


CEO

Kin Chan (48 yo)

3.5yrs

Tenure

HK$902,000

Compensation

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: Kin's total compensation ($USD116.39K) is below average for companies of similar size in the Hong Kong market ($USD232.63K).

Compensation vs Earnings: Kin's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Kin Chan
Chairman & CEO3.5yrsHK$902.00k72%
HK$ 145.2m
Chun Tse
Compliance Officer & Executive Director3.42yrsHK$460.00kno data
Wan Chung Fu
Financial Controller3.75yrsno datano data
Muk Po
Head of Operations & Logistics6.75yrsno datano data
Chi Ho
Head of Sales & Marketing12.75yrsno datano data
Siu Hung Tsui
Company Secretary3.42yrsno datano data

3.8yrs

Average Tenure

46yo

Average Age

Experienced Management: 8476's management team is considered experienced (3.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kin Chan
Chairman & CEO3.5yrsHK$902.00k72%
HK$ 145.2m
Chun Tse
Compliance Officer & Executive Director3.42yrsHK$460.00kno data
Kam Wan Lee
Independent Non-Executive Director3.08yrsHK$120.00kno data
Wai Ping Leung
Independent Non-Executive Director3.08yrsHK$120.00kno data
Yuk So
Independent Non-Executive Director3.08yrsHK$120.00kno data

3.1yrs

Average Tenure

50yo

Average Age

Experienced Board: 8476's board of directors are considered experienced (3.1 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

Ocean One Holding Ltd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ocean One Holding Ltd.
  • Ticker: 8476
  • Exchange: SEHK
  • Founded: 2002
  • Industry: Food Distributors
  • Sector: Consumer Retailing
  • Market Cap: HK$201.600m
  • Shares outstanding: 280.00m
  • Website: https://oceanoneholding.com

Number of Employees


Location

  • Ocean One Holding Ltd.
  • Goodwill Industrial Building
  • 5th Floor
  • Tsuen Wan
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8476SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2017

Biography

Ocean One Holding Ltd., an investment holding company, engages in importing and wholesaling frozen seafood products in Hong Kong, Macau, Mainland China, and Taiwan. The company offers frozen seafood produc ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/24 12:55
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
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.