SEHK:1832

Stock Analysis Report

Executive Summary

S.A.I Leisure Group Company Limited provides leisure tourism services in the tropical Islands of Saipan and Guam.


Snowflake Analysis

Flawless balance sheet and slightly overvalued.

Share Price & News

How has S.A.I Leisure Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1832 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0.5%

1832

2.1%

HK Hospitality

1.6%

HK Market


1 Year Return

n/a

1832

21.7%

HK Hospitality

6.0%

HK Market

Return vs Industry: Insufficient data to determine how 1832 performed against the Hong Kong Hospitality industry.

Return vs Market: Insufficient data to determine how 1832 performed against the Hong Kong Market.


Shareholder returns

1832IndustryMarket
7 Day0.5%2.1%1.6%
30 Day-4.8%10.3%4.4%
90 Day-1.0%13.4%8.6%
1 Yearn/a25.6%21.7%9.9%6.0%
3 Yearn/a38.2%25.4%27.7%14.7%
5 Yearn/a27.6%8.2%21.7%1.4%

Price Volatility Vs. Market

How volatile is S.A.I Leisure Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is S.A.I Leisure Group undervalued compared to its fair value and its price relative to the market?

9.14x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1832 (HK$1.9) is trading above our estimate of fair value (HK$0.25)

Significantly Below Fair Value: 1832 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1832 is good value based on its PE Ratio (8.7x) compared to the Hospitality industry average (11.5x).

PE vs Market: 1832 is good value based on its PE Ratio (8.7x) compared to the Hong Kong market (10.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1832's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1832 is overvalued based on its PB Ratio (0.9x) compared to the HK Hospitality industry average (0.9x).


Next Steps

Future Growth

How is S.A.I Leisure Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.7%

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 S.A.I Leisure Group 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 S.A.I Leisure Group performed over the past 5 years?

-0.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1832 has high quality earnings.

Growing Profit Margin: 1832's current net profit margins (10.2%) are lower than last year (14%).


Past Earnings Growth Analysis

Earnings Trend: 1832's earnings have declined by -0.5% per year over the past 5 years.

Accelerating Growth: 1832's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1832 had negative earnings growth (-25.5%) over the past year, making it difficult to compare to the Hospitality industry average (-2.1%).


Return on Equity

High ROE: 1832's Return on Equity (10.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is S.A.I Leisure Group's financial position?


Financial Position Analysis

Short Term Liabilities: 1832's short term assets ($66.5M) exceed its short term liabilities ($10.4M).

Long Term Liabilities: 1832's short term assets ($66.5M) exceed its long term liabilities ($16.6M).


Debt to Equity History and Analysis

Debt Level: 1832 is debt free.

Reducing Debt: 1832 had no debt 5 years ago.

Debt Coverage: 1832 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1832 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 1832 has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 1832's debt is covered by short term assets.


Next Steps

Dividend

What is S.A.I Leisure Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.2%markettop25%6.0%industryaverage2.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 1832's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1832's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1832's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1832's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1832's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

What is the CEO of S.A.I Leisure Group's salary, the management and board of directors tenure and is there insider trading?

1.2yrs

Average management tenure


CEO

Henry Tan (65yo)

1.2yrs

Tenure

0

Dr. Henry Tan, BBS, JP, is Vice Chairman of Board, Executive Director and Chief Executive Officer at S.A.I Leisure Group Company Limited since November 5, 2018 and was its Director since October 18, 2018 u ...


Management Age and Tenure

1.2yrs

Average Tenure

57yo

Average Age

Experienced Management: 1832's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Age and Tenure

1.2yrs

Average Tenure

64yo

Average Age

Experienced Board: 1832's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Management Team

  • Henry Tan (65yo)

    Vice Chairman of Board & CEO

    • Tenure: 1.2yrs
  • Siu Tan (88yo)

    Founder & Chairman

    • Tenure: 1.2yrs
  • Jerry Tan (57yo)

    President of Guam & Saipan

    • Tenure: 1.2yrs
  • George Chiu (57yo)

    Executive Director

    • Tenure: 1.2yrs
  • Jennifer Su Tan (36yo)

    Executive Director

    • Tenure: 1.2yrs
  • Jeffrey Schweizer (65yo)

    Head of Hotel Operations & Executive Director

    • Tenure: 0.8yrs
  • Bonnie Cheung (42yo)

    Group Financial Controller & Company Secretary

    • Tenure: 1.2yrs

Board Members

  • Henry Tan (65yo)

    Vice Chairman of Board & CEO

    • Tenure: 1.2yrs
  • Siu Tan (88yo)

    Founder & Chairman

    • Tenure: 1.2yrs
  • Willie Tan (63yo)

    Non-Executive Director

    • Tenure: 1.2yrs
  • Andrew Ma (77yo)

    Independent Non-Executive Director

    • Tenure: 0.8yrs
  • George Chiu (57yo)

    Executive Director

    • Tenure: 1.2yrs
  • Jennifer Su Tan (36yo)

    Executive Director

    • Tenure: 1.2yrs
  • Jeffrey Schweizer (65yo)

    Head of Hotel Operations & Executive Director

    • Tenure: 0.8yrs
  • Pak Chan (63yo)

    Independent Non-Executive Director

    • Tenure: 0.8yrs
  • Albert Chan (64yo)

    Independent Non-Executive Director

    • Tenure: 0.8yrs

Company Information

S.A.I Leisure Group Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: S.A.I Leisure Group Company Limited
  • Ticker: 1832
  • Exchange: SEHK
  • Founded: 1997
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: HK$720.000m
  • Shares outstanding: 360.00m
  • Website: https://www.saileisuregroup.com

Number of Employees


Location

  • S.A.I Leisure Group Company Limited
  • Nanyang Plaza
  • 5th Floor
  • Kwun Tong
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1832SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2019

Biography

S.A.I Leisure Group Company Limited provides leisure tourism services in the tropical Islands of Saipan and Guam. The company operates through three segments: Hotel and Hospitality, Retail of Luxury Accessories, and Destination Services. The Hotel and Hospitality segment operates and manages 4 hotels and resorts; offers food and beverage, meetings, banquets, and other hospitality services to locals and travelers; and leases commercial premises located in the hotel buildings. The Retail of Luxury Accessories segment operates luxury travel retail stores, which offers clothing, leather goods, and fashion accessories. This segment operates a network of 5 boutiques in Saipan and 8 in Guam. The Destination Services segment provides excursion tours comprising SeaTouch, a stingray interaction experience; Let’s Go, a 4-wheel drive jungle and mountain adventure; and Jetovator, a hydro-powered jetski that propels participants through the air. This segment also operates 3 iShop souvenir and amenities stores; offers booking services for third-party operated activities and tours; and works with tour operators to provide destination-based concierge and travel management services to their packaged holiday guests. The company was founded in 1997 and is headquartered in Kwun Tong, Hong Kong. S.A.I Leisure Group Company Limited is a subsidiary of THC Leisure Holdings Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/20 13:16
End of Day Share Price2020/01/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.