Tang Palace (China) Holdings
Market Cap
HK$1.0b
Last Updated
2021/01/17 10:02 UTC
Data Sources
Company Financials
Executive Summary
Tang Palace (China) Holdings Limited, an investment holding company, engages in the restaurant operation and food production businesses in the People’s Republic of China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Adequate balance sheet and slightly overvalued.
Share Price & News
How has Tang Palace (China) Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1181 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: 1181's weekly volatility (8%) has been stable over the past year.
Market Performance
7 Day Return
8.1%
1181
-7.3%
HK Hospitality
2.2%
HK Market
1 Year Return
-20.5%
1181
-5.6%
HK Hospitality
7.2%
HK Market
Return vs Industry: 1181 underperformed the Hong Kong Hospitality industry which returned -5.6% over the past year.
Return vs Market: 1181 underperformed the Hong Kong Market which returned 7.2% over the past year.
Shareholder returns
1181 | Industry | Market | |
---|---|---|---|
7 Day | 8.1% | -7.3% | 2.2% |
30 Day | 16.3% | -1.9% | 8.4% |
90 Day | 36.8% | 11.8% | 15.6% |
1 Year | -18.3%-20.5% | -4.0%-5.6% | 11.4%7.2% |
3 Year | -25.3%-39.8% | -24.0%-29.6% | -3.4%-13.5% |
5 Year | 142.4%62.6% | 55.4%33.9% | 65.4%37.4% |
Long-Term Price Volatility Vs. Market
How volatile is Tang Palace (China) Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
The Trends At Tang Palace (China) Holdings (HKG:1181) That You Should Know About1 month ago | Simply Wall St
How Much Did Tang Palace (China) Holdings'(HKG:1181) Shareholders Earn From Share Price Movements Over The Last Three Years?1 month ago | Simply Wall St
Read This Before Selling Tang Palace (China) Holdings Limited (HKG:1181) SharesValuation
Is Tang Palace (China) Holdings undervalued compared to its fair value and its price relative to the market?
37.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1181 (HK$0.93) is trading below our estimate of fair value (HK$1.5)
Significantly Below Fair Value: 1181 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1181 is unprofitable, so we can't compare its PE Ratio to the HK Hospitality industry average.
PE vs Market: 1181 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 1181's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1181 is overvalued based on its PB Ratio (2.3x) compared to the HK Hospitality industry average (1x).
Next Steps
Future Growth
How is Tang Palace (China) Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
80.4%
Forecasted Consumer Services 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 Tang Palace (China) 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
- Examine Tang Palace (China) Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Tang Palace (China) Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Services industry.
Past Performance
How has Tang Palace (China) Holdings performed over the past 5 years?
1.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1181 is currently unprofitable.
Growing Profit Margin: 1181 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 1181 is unprofitable, but has reduced losses over the past 5 years at a rate of 1.6% per year.
Accelerating Growth: Unable to compare 1181's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1181 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (-59.7%).
Return on Equity
High ROE: 1181 has a negative Return on Equity (-7.35%), as it is currently unprofitable.
Next Steps
Financial Health
How is Tang Palace (China) Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1181's short term assets (CN¥555.0M) exceed its short term liabilities (CN¥472.3M).
Long Term Liabilities: 1181's short term assets (CN¥555.0M) exceed its long term liabilities (CN¥202.7M).
Debt to Equity History and Analysis
Debt Level: 1181's debt to equity ratio (22.1%) is considered satisfactory.
Reducing Debt: 1181's debt to equity ratio has increased from 5.7% to 22.1% over the past 5 years.
Debt Coverage: 1181's debt is well covered by operating cash flow (219.7%).
Interest Coverage: 1181 is unprofitable, therefore interest payments are not well covered by earnings.
Balance Sheet
Next Steps
Dividend
What is Tang Palace (China) Holdings's current dividend yield, its reliability and sustainability?
2.14%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1181's dividend (2.14%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.13%).
High Dividend: 1181's dividend (2.14%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.66%).
Stability and Growth of Payments
Stable Dividend: 1181 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1181 has only been paying a dividend for 9 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: 1181 is paying a dividend but the company is unprofitable.
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?
9.8yrs
Average board tenure
CEO
Zhi Xiong Chen (49 yo)
0.50
Tenure
Mr. Zhi Xiong Chen serves as the Chief Executive Officer & Executive Director of Tang Palace (China) Holdings Limited since July 1, 2020. He had been the Chief Operations Officer at Tang Palace (China) Hol...
Board Members
Name | Position | Tenure | Compensation | Ownership |
---|---|---|---|---|
Executive Chairman | 0.50yr | CN¥6.34m | 2.78% CN¥ 27.9m | |
Founder & Executive Director | 9.83yrs | CN¥502.00k | 9.84% CN¥ 98.4m | |
CEO & Executive Director | 0.50yr | no data | 0.47% CN¥ 4.7m | |
CFO, Secretary & Executive Director | 0.50yr | no data | 0.092% CN¥ 920.7k | |
Independent Non-Executive Director | 9.83yrs | CN¥251.00k | no data | |
Independent Non-Executive Director | 9.83yrs | CN¥251.00k | no data | |
Independent Non-Executive Director | 9.83yrs | CN¥251.00k | no data |
9.8yrs
Average Tenure
55yo
Average Age
Experienced Board: 1181's board of directors are considered experienced (9.8 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Tang Palace (China) Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Tang Palace (China) Holdings Limited
- Ticker: 1181
- Exchange: SEHK
- Founded: 1992
- Industry: Restaurants
- Sector: Consumer Services
- Market Cap: HK$1.001b
- Shares outstanding: 1.08b
- Website: https://www.tanggong.cn
Number of Employees
Location
- Tang Palace (China) Holdings Limited
- Greenfield Tower
- Unit 3, 10th Floor
- Kowloon
- Kowloon
- Hong Kong
Listings
Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
---|---|---|---|---|---|---|
1181 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Apr 2011 |
Biography
Tang Palace (China) Holdings Limited, an investment holding company, engages in the restaurant operation and food production businesses in the People’s Republic of China. The company operates restaurants u...
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2021/01/17 10:02 |
End of Day Share Price | 2021/01/15 00:00 |
Earnings | 2020/06/30 |
Annual Earnings | 2019/12/31 |
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.