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184

Keck Seng Investments (Hong Kong)SEHK:184 Stock Report

Market Cap

HK$1.3b

7D

-1.1%

1Y

27.6%

Updated

24 Oct, 2021

Data

Company Financials
184 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

184 Overview

Keck Seng Investments (Hong Kong) Limited, an investment holding company, engages in the hotel and club operations, and property investment and development activities.

Keck Seng Investments (Hong Kong) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Keck Seng Investments (Hong Kong)
Historical stock prices
Current Share PriceHK$3.70
52 Week HighHK$2.59
52 Week LowHK$6.10
Beta1.12
1 Month Change-7.50%
3 Month Change-15.72%
1 Year Change27.59%
3 Year Change-41.55%
5 Year Change-35.54%
Change since IPO123.12%

Recent News & Updates

Apr 24
Keck Seng Investments (Hong Kong) (HKG:184) Is Making Moderate Use Of Debt

Keck Seng Investments (Hong Kong) (HKG:184) Is Making Moderate Use Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

184HK HospitalityHK Market
7D-1.1%1.5%2.2%
1Y27.6%-25.8%6.0%

Return vs Industry: 184 exceeded the Hong Kong Hospitality industry which returned -25.8% over the past year.

Return vs Market: 184 exceeded the Hong Kong Market which returned 6% over the past year.

Price Volatility

Is 184's price volatile compared to industry and market?
184 volatility
184 Beta1.12
Industry Beta1.1
Market Beta1

Stable Share Price: 184 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: 184's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1973937n/ahttps://www.keckseng.com.hk

Keck Seng Investments (Hong Kong) Limited, an investment holding company, engages in the hotel and club operations, and property investment and development activities. It operates through three segments: Hotel, Property, and Investment and Corporate. The Hotel segment offers hotel room accommodation services; and food and beverages at hotel restaurant outlets, as well as operates slot machines.

Keck Seng Investments (Hong Kong) Fundamentals Summary

How do Keck Seng Investments (Hong Kong)'s earnings and revenue compare to its market cap?
184 fundamental statistics
Market CapHK$1.26b
Earnings (TTM)-HK$517.97m
Revenue (TTM)HK$472.66m

2.7x

P/S Ratio

-2.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
184 income statement (TTM)
RevenueHK$472.66m
Cost of RevenueHK$267.91m
Gross ProfitHK$204.75m
ExpensesHK$722.72m
Earnings-HK$517.97m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-1.52
Gross Margin43.32%
Net Profit Margin-109.59%
Debt/Equity Ratio44.1%

How did 184 perform over the long term?

See historical performance and comparison

Valuation

Is Keck Seng Investments (Hong Kong) undervalued compared to its fair value and its price relative to the market?

0.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 184's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 184's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 184 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Hospitality industry average.

PE vs Market: 184 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 184's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 184 is good value based on its PB Ratio (0.4x) compared to the HK Hospitality industry average (1.1x).


Future Growth

How is Keck Seng Investments (Hong Kong) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

61.4%

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 Keck Seng Investments (Hong Kong) 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 Keck Seng Investments (Hong Kong) performed over the past 5 years?

-64.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 184 is currently unprofitable.

Growing Profit Margin: 184 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 184 is unprofitable, and losses have increased over the past 5 years at a rate of 64.6% per year.

Accelerating Growth: Unable to compare 184's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 184 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (34.7%).


Return on Equity

High ROE: 184 has a negative Return on Equity (-13.84%), as it is currently unprofitable.


Financial Health

How is Keck Seng Investments (Hong Kong)'s financial position?


Financial Position Analysis

Short Term Liabilities: 184's short term assets (HK$1.6B) exceed its short term liabilities (HK$692.8M).

Long Term Liabilities: 184's short term assets (HK$1.6B) exceed its long term liabilities (HK$1.3B).


Debt to Equity History and Analysis

Debt Level: 184's debt to equity ratio (44.1%) is considered high.

Reducing Debt: 184's debt to equity ratio has reduced from 46% to 44.1% over the past 5 years.

Debt Coverage: 184's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 184's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Keck Seng Investments (Hong Kong) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 184's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 184's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 184's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 184's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 184 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 184's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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

15.3yrs

Average board tenure


CEO

Keck Seng Investments (Hong Kong) has no CEO, or we have no data on them.


Board Members

Experienced Board: 184's board of directors are seasoned and experienced ( 15.3 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

Keck Seng Investments (Hong Kong) Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Keck Seng Investments (Hong Kong) Limited
  • Ticker: 184
  • Exchange: SEHK
  • Founded: 1973
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: HK$1.259b
  • Shares outstanding: 340.20m
  • Website: https://www.keckseng.com.hk

Number of Employees


Location

  • Keck Seng Investments (Hong Kong) Limited
  • West Tower
  • Room 2902
  • Central
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/24 10:05
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.