SEHK:1448

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Fu Shou Yuan International Group

Executive Summary

Fu Shou Yuan International Group Limited, together with its subsidiaries, primarily provides burial and funeral services in the People’s Republic of China. More Details


Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

How has Fu Shou Yuan International Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1448 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 1448's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-0.6%

1448

0.8%

HK Consumer Services

1.1%

HK Market


1 Year Return

18.0%

1448

32.2%

HK Consumer Services

8.2%

HK Market

Return vs Industry: 1448 underperformed the Hong Kong Consumer Services industry which returned 32.2% over the past year.

Return vs Market: 1448 exceeded the Hong Kong Market which returned 8.2% over the past year.


Shareholder returns

1448IndustryMarket
7 Day-0.6%0.8%1.1%
30 Day-0.9%9.8%7.2%
90 Day-1.6%-7.0%5.2%
1 Year19.1%18.0%34.8%32.2%12.6%8.2%
3 Year32.5%28.5%-0.07%-6.2%0.4%-10.0%
5 Year61.5%53.3%13.7%4.2%30.6%8.5%

Long-Term Price Volatility Vs. Market

How volatile is Fu Shou Yuan International Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Fu Shou Yuan International Group undervalued compared to its fair value and its price relative to the market?

28.66x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1448 (HK$7.94) is trading above our estimate of fair value (HK$4.09)

Significantly Below Fair Value: 1448 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1448 is poor value based on its PE Ratio (28.7x) compared to the HK Consumer Services industry average (17.7x).

PE vs Market: 1448 is poor value based on its PE Ratio (28.7x) compared to the Hong Kong market (11.2x).


Price to Earnings Growth Ratio

PEG Ratio: 1448 is poor value based on its PEG Ratio (1.7x)


Price to Book Ratio

PB vs Industry: 1448 is overvalued based on its PB Ratio (3.6x) compared to the HK Consumer Services industry average (2.1x).


Next Steps

Future Growth

How is Fu Shou Yuan International Group forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?

17.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1448's forecast earnings growth (17.3% per year) is above the savings rate (1.6%).

Earnings vs Market: 1448's earnings (17.3% per year) are forecast to grow slower than the Hong Kong market (21.9% per year).

High Growth Earnings: 1448's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1448's revenue (17.8% per year) is forecast to grow faster than the Hong Kong market (13.6% per year).

High Growth Revenue: 1448's revenue (17.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1448's Return on Equity is forecast to be low in 3 years time (15.7%).


Next Steps

Past Performance

How has Fu Shou Yuan International Group performed over the past 5 years?

15.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1448 has high quality earnings.

Growing Profit Margin: 1448's current net profit margins (31.6%) are higher than last year (29.5%).


Past Earnings Growth Analysis

Earnings Trend: 1448's earnings have grown by 15.8% per year over the past 5 years.

Accelerating Growth: 1448's earnings growth over the past year (1.1%) is below its 5-year average (15.8% per year).

Earnings vs Industry: 1448 earnings growth over the past year (1.1%) underperformed the Consumer Services industry 6.7%.


Return on Equity

High ROE: 1448's Return on Equity (14%) is considered low.


Next Steps

Financial Health

How is Fu Shou Yuan International Group's financial position?


Financial Position Analysis

Short Term Liabilities: 1448's short term assets (CN¥2.9B) exceed its short term liabilities (CN¥794.7M).

Long Term Liabilities: 1448's short term assets (CN¥2.9B) exceed its long term liabilities (CN¥538.3M).


Debt to Equity History and Analysis

Debt Level: 1448's debt to equity ratio (2%) is considered satisfactory.

Reducing Debt: 1448's debt to equity ratio has reduced from 4.5% to 2% over the past 5 years.

Debt Coverage: 1448's debt is well covered by operating cash flow (765.9%).

Interest Coverage: 1448 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Fu Shou Yuan International Group current dividend yield, its reliability and sustainability?

1.06%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1448's dividend (1.06%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.25%).

High Dividend: 1448's dividend (1.06%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.6%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 1448 has been paying a dividend for less than 10 years.

Growing Dividend: 1448's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (29%), 1448's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 1448's dividends in 3 years are forecast to be well covered by earnings (28.2% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.2yrs

Average management tenure


CEO

Jisheng Wang (67 yo)

no data

Tenure

CN¥5,796,000

Compensation

Mr. Jisheng Wang serves as a Chief Executive of Fu Shou Yuan International Group Ltd and has been its Executive Director since January 30, 2013. Mr. Wang is responsible for the overall management and busin...


CEO Compensation Analysis

Compensation vs Market: Jisheng's total compensation ($USD881.48K) is above average for companies of similar size in the Hong Kong market ($USD588.95K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Xiaojiang Bai
Chairmanno dataCN¥5.80m4.66%
CN¥ 836.1m
Jisheng Wang
Chief Executive & Executive Directorno dataCN¥5.80m4.66%
CN¥ 836.1m
Li-An Tan
Vice Chairmanno dataCN¥259.00k0.039%
CN¥ 7.0m
Jianting Ma
Chief Financial Officer0.42yrno datano data
Hua Yi
Chief Brand Officer and Group Officer of Culture & Education Committeeno datano datano data
Yu Zhao
Head of Fu Shou Home Department & Assistant President3.67yrsno datano data
Yi Hu
Company Secretary2.17yrsno datano data
Qiansong Ge
Senior Consultant to the Chief Executiveno datano datano data

2.2yrs

Average Tenure

53.5yo

Average Age

Experienced Management: 1448's management team is considered experienced (2.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Xiaojiang Bai
Chairmanno dataCN¥5.80m4.66%
CN¥ 836.1m
Jisheng Wang
Chief Executive & Executive Directorno dataCN¥5.80m4.66%
CN¥ 836.1m
Li-An Tan
Vice Chairmanno dataCN¥259.00k0.039%
CN¥ 7.0m
Zhuping Luo
Independent Non-Executive Director6.92yrsCN¥310.00kno data
Man Ho
Independent Non-Executive Director6.92yrsCN¥310.00kno data
Hesheng Lu
Non-Executive Director7.83yrsCN¥357.00k1.2%
CN¥ 215.6m
Chih-Cheng Huang
Non-Executive Director6.92yrsCN¥240.00k0.017%
CN¥ 3.1m
Qunlin Chen
Independent Non-Executive Director6.92yrsCN¥70.00kno data
Xiang Ma
Non-Executive Director4.83yrsCN¥259.00kno data
Yanjun Liang
Independent Non-Executive Director1yrCN¥20.00kno data

6.9yrs

Average Tenure

62yo

Average Age

Experienced Board: 1448's board of directors are considered experienced (6.9 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 2.8%.


Top Shareholders

Company Information

Fu Shou Yuan International Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Fu Shou Yuan International Group Limited
  • Ticker: 1448
  • Exchange: SEHK
  • Founded: 1994
  • Industry: Specialized Consumer Services
  • Sector: Consumer Services
  • Market Cap: HK$17.953b
  • Shares outstanding: 2.30b
  • Website: https://www.fsygroup.com

Number of Employees


Location

  • Fu Shou Yuan International Group Limited
  • Charity Building
  • Room 1306
  • Shanghai
  • Shanghai Province
  • 200030
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1448SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2013
FSHDB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 2013
FSHU.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDDec 2013
1448SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDDec 2013
1448SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDDec 2013

Biography

Fu Shou Yuan International Group Limited, together with its subsidiaries, primarily provides burial and funeral services in the People’s Republic of China. It operates through three segments: Burial Servic...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/27 10:06
End of Day Share Price2020/11/27 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.