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126

Carrianna Group HoldingsSEHK:126 Stock Report

Market Cap

HK$1.1b

7D

1.4%

1Y

43.4%

Updated

18 Oct, 2021

Data

Company Financials
126 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health3/6
Dividends3/6

126 Overview

Carrianna Group Holdings Company Limited, an investment holding company, engages in the operation of hotel, restaurant, and food businesses in Hong Kong and Mainland China.

Price History & Performance

Summary of all time highs, changes and price drops for Carrianna Group Holdings
Historical stock prices
Current Share PriceHK$0.71
52 Week HighHK$0.43
52 Week LowHK$0.93
Beta0.69
1 Month Change-13.42%
3 Month Change-13.42%
1 Year Change43.43%
3 Year Change-25.26%
5 Year Change-5.33%
Change since IPO25.66%

Recent News & Updates

Sep 11
Carrianna Group Holdings (HKG:126) Will Pay A Dividend Of HK$0.03

Carrianna Group Holdings (HKG:126) Will Pay A Dividend Of HK$0.03

Carrianna Group Holdings Company Limited ( HKG:126 ) will pay a dividend of HK$0.03 on the 8th of October. Based on...

Aug 28
Carrianna Group Holdings (HKG:126) Has Affirmed Its Dividend Of HK$0.03

Carrianna Group Holdings (HKG:126) Has Affirmed Its Dividend Of HK$0.03

Carrianna Group Holdings Company Limited ( HKG:126 ) has announced that it will pay a dividend of HK$0.03 per share on...

Jul 03
Carrianna Group Holdings (HKG:126) Is Due To Pay A Dividend Of HK$0.03

Carrianna Group Holdings (HKG:126) Is Due To Pay A Dividend Of HK$0.03

The board of Carrianna Group Holdings Company Limited ( HKG:126 ) has announced that it will pay a dividend of HK$0.03...

Shareholder Returns

126HK HospitalityHK Market
7D1.4%1.5%1.1%
1Y43.4%-25.9%5.3%

Return vs Industry: 126 exceeded the Hong Kong Hospitality industry which returned -25.9% over the past year.

Return vs Market: 126 exceeded the Hong Kong Market which returned 5.3% over the past year.

Price Volatility

Is 126's price volatile compared to industry and market?
126 volatility
126 Beta0.69
Industry Beta1.09
Market Beta1

Stable Share Price: 126 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 126's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19671,600Rui Lianghttps://www.carrianna.com

Carrianna Group Holdings Company Limited, an investment holding company, engages in the operation of hotel, restaurant, and food businesses in Hong Kong and Mainland China. It operates Carrianna Chiuchow restaurants; owns and operates the five-star Yiyang Carrianna International Hotel in Yiyang, Hunan province, and the four-star Carrianna Hotel in Foshan, Guangdong province; and produces moon cakes under the Carrianna brand. The company also develops and sells properties; and leases residential, commercial, and industrial properties.

Carrianna Group Holdings Fundamentals Summary

How do Carrianna Group Holdings's earnings and revenue compare to its market cap?
126 fundamental statistics
Market CapHK$1.12b
Earnings (TTM)HK$81.00m
Revenue (TTM)HK$796.03m

13.8x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
126 income statement (TTM)
RevenueHK$796.03m
Cost of RevenueHK$429.55m
Gross ProfitHK$366.48m
ExpensesHK$285.48m
EarningsHK$81.00m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.052
Gross Margin46.04%
Net Profit Margin10.18%
Debt/Equity Ratio42.8%

How did 126 perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

47%

Payout Ratio

Valuation

Is Carrianna Group Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 126 (HK$0.71) is trading below our estimate of fair value (HK$2.31)

Significantly Below Fair Value: 126 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 126 is good value based on its PE Ratio (13.8x) compared to the Hong Kong Hospitality industry average (19.9x).

PE vs Market: 126 is poor value based on its PE Ratio (13.8x) compared to the Hong Kong market (9.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 126's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 126 is good value based on its PB Ratio (0.3x) compared to the HK Hospitality industry average (1.1x).


Future Growth

How is Carrianna Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

58.7%

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 Carrianna Group 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.


Past Performance

How has Carrianna Group Holdings performed over the past 5 years?

-6.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 126 has a large one-off gain of HK$165.6M impacting its March 31 2021 financial results.

Growing Profit Margin: 126's current net profit margins (10.2%) are higher than last year (1.4%).


Past Earnings Growth Analysis

Earnings Trend: 126's earnings have declined by 6.9% per year over the past 5 years.

Accelerating Growth: 126's earnings growth over the past year (473.6%) exceeds its 5-year average (-6.9% per year).

Earnings vs Industry: 126 earnings growth over the past year (473.6%) exceeded the Hospitality industry 34.7%.


Return on Equity

High ROE: 126's Return on Equity (2.9%) is considered low.


Financial Health

How is Carrianna Group Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 126's short term assets (HK$2.0B) exceed its short term liabilities (HK$1.9B).

Long Term Liabilities: 126's short term assets (HK$2.0B) exceed its long term liabilities (HK$992.5M).


Debt to Equity History and Analysis

Debt Level: 126's debt to equity ratio (42.8%) is considered high.

Reducing Debt: 126's debt to equity ratio has increased from 26.5% to 42.8% over the past 5 years.

Debt Coverage: 126's debt is not well covered by operating cash flow (13.9%).

Interest Coverage: 126's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet


Dividend

What is Carrianna Group Holdings's current dividend yield, its reliability and sustainability?

4.23%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 126's dividend (4.23%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).

High Dividend: 126's dividend (4.23%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.78%).


Stability and Growth of Payments

Stable Dividend: 126's dividend payments have been volatile in the past 10 years.

Growing Dividend: 126's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (46.6%), 126'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?

2.3yrs

Average management tenure


CEO

Rui Liang (46 yo)

0.75

Tenure

HK$915,000

Compensation

Mr. Rui Liang has been Chief Executive Officer and Executive Director of Carrianna Group Holdings Company Limited since January 02, 2021. Mr. Liang serves as the President of Shenzhen Shuibei Jewelry Group...


CEO Compensation Analysis

Compensation vs Market: Rui's total compensation ($USD117.63K) is below average for companies of similar size in the Hong Kong market ($USD230.47K).

Compensation vs Earnings: Insufficient data to compare Rui's compensation with company performance.


Leadership Team

Experienced Management: 126's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: 126's board of directors are considered experienced (5 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 been diluted in the past year, with total shares outstanding growing by 25%.


Top Shareholders

Company Information

Carrianna Group Holdings Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Carrianna Group Holdings Company Limited
  • Ticker: 126
  • Exchange: SEHK
  • Founded: 1967
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: HK$1.116b
  • Shares outstanding: 1.57b
  • Website: https://www.carrianna.com

Number of Employees


Location

  • Carrianna Group Holdings Company Limited
  • Wyler Centre
  • 26th Floor
  • Kwai Chung
  • New Territories
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:11
End of Day Share Price2021/10/18 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.