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Fosun Tourism Group

SEHK:1992
Snowflake Description

Reasonable growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1992
SEHK
HK$15B
Market Cap
  1. Home
  2. HK
  3. Consumer Services
Company description

Fosun Tourism Group, an investment holding company, provides resort services in Europe, the Middle East, Africa, the United States, and the Asia Pacific. The last earnings update was 88 days ago. More info.


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  • Fosun Tourism Group has significant price volatility in the past 3 months.
1992 Share Price and Events
7 Day Returns
-0.5%
SEHK:1992
0.8%
HK Hospitality
-1.1%
HK Market
1 Year Returns
-
SEHK:1992
-8.5%
HK Hospitality
-6.5%
HK Market
1992 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Fosun Tourism Group (1992) -0.5% 9.4% -19.3% - - -
HK Hospitality 0.8% 11.2% -4% -8.5% 43.8% -27%
HK Market -1.1% 3.4% -7.7% -6.5% 17.4% 4.2%
1 Year Return vs Industry and Market
  • No trading data on 1992.
  • No trading data on 1992.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Fosun Tourism Group's competitors could be found in our database.

Value

 Is Fosun Tourism Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Fosun Tourism Group. This is due to cash flow or dividend data being unavailable. The share price is HK$12.1.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Fosun Tourism Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Fosun Tourism Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1992 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥0.31
SEHK:1992 Share Price ** SEHK (2019-07-15) in HKD HK$12.1
SEHK:1992 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.879 CN¥10.64
Hong Kong Hospitality Industry PE Ratio Median Figure of 69 Publicly-Listed Hospitality Companies 14.08x
Hong Kong Market PE Ratio Median Figure of 1,503 Publicly-Listed Companies 10.71x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Fosun Tourism Group.

SEHK:1992 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1992 Share Price ÷ EPS (both in CNY)

= 10.64 ÷ 0.31

34.88x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fosun Tourism Group is overvalued based on earnings compared to the HK Hospitality industry average.
  • Fosun Tourism Group is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Fosun Tourism Group's expected growth come at a high price?
Raw Data
SEHK:1992 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 34.88x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
48.1%per year
Hong Kong Hospitality Industry PEG Ratio Median Figure of 20 Publicly-Listed Hospitality Companies 2.09x
Hong Kong Market PEG Ratio Median Figure of 477 Publicly-Listed Companies 0.79x

*Line of best fit is calculated by linear regression .

SEHK:1992 PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 34.88x ÷ 48.1%

0.72x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fosun Tourism Group is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Fosun Tourism Group's assets?
Raw Data
SEHK:1992 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥6.57
SEHK:1992 Share Price * SEHK (2019-07-15) in HKD HK$12.1
SEHK:1992 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.879 CN¥10.64
Hong Kong Hospitality Industry PB Ratio Median Figure of 109 Publicly-Listed Hospitality Companies 1.11x
Hong Kong Market PB Ratio Median Figure of 2,190 Publicly-Listed Companies 0.92x
SEHK:1992 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1992 Share Price ÷ Book Value per Share (both in CNY)

= 10.64 ÷ 6.57

1.62x

* Primary Listing of Fosun Tourism Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Fosun Tourism Group is overvalued based on assets compared to the HK Hospitality industry average.
X
Value checks
We assess Fosun Tourism Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Fosun Tourism Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Fosun Tourism Group expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
48.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Fosun Tourism Group expected to grow at an attractive rate?
  • Fosun Tourism Group's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Fosun Tourism Group's earnings growth is expected to exceed the Hong Kong market average.
  • Fosun Tourism Group's revenue growth is expected to exceed the Hong Kong market average.
Annual Growth Rates Comparison
Raw Data
SEHK:1992 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:1992 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 48.1%
SEHK:1992 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 14.9%
Hong Kong Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 15.4%
Hong Kong Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 11.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.2%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1992 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1992 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 25,587 1,224 1,660 2
2020-12-31 17,604 5,630 387 2
2019-12-31 18,497 2,514 798 2
SEHK:1992 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 16,270 637 308
2018-09-30 14,276 809 3
2018-06-30 12,282 982 -302
2018-03-31 12,041 2,155 -249
2017-12-31 11,799 3,328 -197
2016-12-31 10,783 1,315 -350

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Fosun Tourism Group's earnings are expected to grow significantly at over 20% yearly.
  • Fosun Tourism Group's revenue is expected to grow by 14.9% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1992 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Fosun Tourism Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1992 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 1.28 1.47 1.17 3.00
2020-12-31 0.53 0.93 0.30 3.00
2019-12-31 0.61 0.75 0.50 3.00
SEHK:1992 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 0.31
2018-09-30 0.00
2018-06-30 -0.30
2018-03-31 -0.25
2017-12-31 -0.39
2016-12-31

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Fosun Tourism Group is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Fosun Tourism Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Fosun Tourism Group has a total score of 4/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Fosun Tourism Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Fosun Tourism Group's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if Fosun Tourism Group's year on year earnings growth rate was positive over the past 5 years.
  • Fosun Tourism Group has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Fosun Tourism Group has become profitable in the last year making it difficult to compare the HK Hospitality industry average.
Earnings and Revenue History
Fosun Tourism Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Fosun Tourism Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1992 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 16,269.82 308.44 3,416.66
2018-09-30 14,275.99 3.21 3,360.42
2018-06-30 12,282.16 -302.02 3,304.18
2018-03-31 12,040.78 -249.26 3,134.82
2017-12-31 11,799.39 -196.50 2,965.47
2016-12-31 10,782.98 -350.21 2,503.98
2015-12-31 9,711.89 -688.31 2,339.20

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Fosun Tourism Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Fosun Tourism Group used its assets less efficiently than the HK Hospitality industry average last year based on Return on Assets.
  • Fosun Tourism Group has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Fosun Tourism Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Fosun Tourism Group has a total score of 1/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Fosun Tourism Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Fosun Tourism Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Fosun Tourism Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Fosun Tourism Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Fosun Tourism Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 1.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Fosun Tourism Group Company Filings, last reported 6 months ago.

SEHK:1992 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 8,315.20 5,954.26 1,882.05
2018-09-30 8,315.20 5,954.26 1,882.05
2018-06-30 5,372.04 6,002.43 1,400.11
2018-03-31 5,372.04 6,002.43 1,400.11
2017-12-31 4,547.49 7,420.19 1,125.00
2016-12-31 1,165.77 9,256.11 1,335.29
2015-12-31 -675.65 7,548.35 539.33
  • Fosun Tourism Group's level of debt (72.6%) compared to net worth is high (greater than 40%).
  • Unable to establish if Fosun Tourism Group's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (10.6%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 4.4x coverage).
X
Financial health checks
We assess Fosun Tourism Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Fosun Tourism Group has a total score of 2/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Fosun Tourism Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Fosun Tourism Group dividends. Estimated to be 0% next year.
If you bought HK$2,000 of Fosun Tourism Group shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Fosun Tourism Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Fosun Tourism Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1992 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Hong Kong Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 44 Stocks 2.8%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:1992 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.00 1.00
2020-12-31 0.00 2.00
2019-12-31 0.00 1.00

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Fosun Tourism Group has not reported any payouts.
  • Unable to verify if Fosun Tourism Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Fosun Tourism Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Fosun Tourism Group has not reported any payouts.
Future Payout to shareholders
  • No need to calculate the sustainability of Fosun Tourism Group's dividends in 3 years as they are not expected to pay a notable one for Hong Kong.
X
Income/ dividend checks
We assess Fosun Tourism Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Fosun Tourism Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Fosun Tourism Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Fosun Tourism Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Jiannong Qian
AGE 57
TENURE AS CEO 9.8 years
CEO Bio

Dr. Jiannong Qian, Ph.D., serves as Chairman of the Board at Fosun Tourism Group since September 2016 and Executive Director since August 2018 was appointed as chief executive officer of the Group since the establishment of commercial business department in October 2009. He serves as Senior Vice President at Fosun International Limited. Dr. Qian serves as the President of Fosun Tourism & Commercial Group. He serves as a Co-President and Managing Director of China Momentum Fund, L.P. He is employed at Fosun Capital. He has been the President Assistant and Director of Business Affairs Division at Fosun since October 2009. He has more than 20 years of experience in domestic and overseas retail and investment industries. He served as Vice President of Fosun International Limited. He took the lead of the team in finishing a series of investment in Club Med (France), Folli Follie (Greece), Atlantis (PRC), Vigor Kobo (Taiwan), Secret Recipe (Malaysia), CITS (PRC), Osborne (Spain) and Thomas Cook (UK). He served as a Co-Chief Executive Officer of China Nepstar Chain Drugstore Ltd. from January 2009 to August 2009. He served as the Chief Executive Officer of China Nepstar Chain Drugstore Ltd. from August 2006 to January 2009. He served as Vice General Manager of Wumart Stores Inc. from 2005 to 2006. He served as Senior Manager of Metro Germany. He served as Vice President of OBI (China) Management System Co., Ltd., a subsidiary of OBI Heimwerkermaerkte AG from 2003 to 2005. From 2002 to 2003, he served as an Assistant General Manager of China Resources Vanguard Co., Ltd. From 1997 to 2001, he served at Metro AG, where his last position was the Senior Manager of Food Purchase Department. From 1994 to 1997, he worked as a Senior Manager of Weixing Company Group. He serves as a Non Executive Director at Grupo Osborne, S.A. He served as a Non-Executive Director of Folli-Follie Commercial Manufacturing and Technical Societe Anonyme (formerly, Folli Follie Commercial Manufacturing and Technical SA) until June 8, 2018. He has been a Director at Club Méditerranée since July 29, 2010. He serves as a Director of Club Med. He served as a Director of China Nepstar Chain Drugstore Ltd. since August 2006. From 1990 to 1994, he was Member and the Chairman of General Council of the Chinese Economists’ Association in Germany. From 1983 to 1987, he was Lecturer of Shanghai University of Finance and Economics. Dr. Qian received a BA in Economics from Shandong University in 1983, a Master's degree in Economics from University of Essen in Germany from 1994 and studied in the Doctoral Program in Economics in University of Duisburg-Essen from 1992 to 1994.

CEO Compensation
  • Insufficient data for Jiannong to compare compensation growth.
  • Insufficient data for Jiannong to establish whether their remuneration is reasonable compared to companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Fosun Tourism Group management team in years:

1.7
Average Tenure
43
Average Age
  • The average tenure for the Fosun Tourism Group management team is less than 2 years, this suggests a new team.
Management Team

Jiannong Qian

TITLE
Executive Chairman & CEO
AGE
57
TENURE
9.8 yrs

Henri Giscard d’Estaing

TITLE
Deputy CEO & Vice Chairman
AGE
62
TENURE
1.1 yrs

Wenping Wang

TITLE
CFO, VP & Executive Director
AGE
41
TENURE
2.3 yrs

Bingbin Xu

TITLE
VP & MD of Investment Management
AGE
38

Yuenan Wang

TITLE
VP & GM of HR
AGE
43

Ming Cao

TITLE
Senior VP & President of Hainan Atlantis
AGE
54

Ching Ching Leung

TITLE
Company Secretary
AGE
38
TENURE
0.1 yrs
Board of Directors Tenure

Average tenure and age of the Fosun Tourism Group board of directors in years:

0.9
Average Tenure
55
Average Age
  • The average tenure for the Fosun Tourism Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Jiannong Qian

TITLE
Executive Chairman & CEO
AGE
57
TENURE
2.8 yrs

Henri Giscard d’Estaing

TITLE
Deputy CEO & Vice Chairman
AGE
62
TENURE
0.9 yrs

Wenping Wang

TITLE
CFO, VP & Executive Director
AGE
41
TENURE
0.9 yrs

Yongqing Guo

TITLE
Independent Non-Executive Director
AGE
45
TENURE
0.7 yrs

Katherine Xin

TITLE
Independent Non-executive Director
AGE
55
TENURE
0.7 yrs

Robin Wang

TITLE
Non-Executive Director
AGE
40
TENURE
0.9 yrs

Allan Zeman

TITLE
Independent Non-Executive Director
AGE
71
TENURE
0.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
14. Jan 19 Buy Jiannong Qian Individual 09. Jan 19 09. Jan 19 804 HK$15.60 HK$12,542
X
Management checks
We assess Fosun Tourism Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Fosun Tourism Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is Fosun Tourism Group (HKG:1992) A Risky Investment?

We note that Fosun Tourism Group (HKG:1992) does have debt on its balance sheet. … SEHK:1992 Historical Debt, July 2nd 2019 How Strong Is Fosun Tourism Group's Balance Sheet? … Either way, since Fosun Tourism Group does have more debt than cash, it's worth keeping an eye on its balance sheet.

Simply Wall St -

What Investors Should Know About Fosun Tourism Group's (HKG:1992) Financial Strength

Small-caps and large-caps are wildly popular among investors; however, mid-cap stocks, such as Fosun Tourism Group (HKG:1992) with a market-capitalization of HK$18b, rarely draw their attention. … However, history shows that overlooked mid-cap companies have performed better on a risk-adjusted manner than the smaller and larger segment of the market. … See our latest analysis for Fosun Tourism Group

Simply Wall St -

Before Investing In Fosun Tourism Group (HKG:1992), Consider This

I will take you through Fosun Tourism Group’s cash flow health and the risk-return concept based on the stock’s cash flow yield, using the most recent financial data. … Fosun Tourism Group’s free cash flow (FCF) is the level of cash flow the business generates from its operational activities, after it reinvests in the company as capital expenditure. … I will be analysing Fosun Tourism Group’s FCF by looking at its FCF yield and its operating cash flow growth.

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Company Info

Description

Fosun Tourism Group, an investment holding company, provides resort services in Europe, the Middle East, Africa, the United States, and the Asia Pacific. The company’s Resorts segment operates vacation resorts under the Club Med and Club Med Joyview brands, as well as offers ancillary travel and transportation services. Its facilities include accommodations, and sports and leisure facilities; and entertainment, childcare, and meal facilities, as well as an open bar. As of June 30, 2018, it had 17 owned, 43 leased, and 9 management contract operated resorts. Its Tourism Destinations segment engages in the development, management, and operation of facilities for sightseeing, amusement, leisure entertainment, and leisure vacation; facilities supporting tourism, including restaurants in tourism and ancillary areas, vacation apartments for letting, and sites for commercial and tourism service management; and facilities indirectly supporting tourism comprising vacation residences for sale and neighborhoods. This segment offers services under the Atlantis Sanya brand. The company’s Services and Solutions in Various Tourism and Leisure Settings segment is involved in the development and promotion of the cultural events, performing arts, live entertainment, and culture-related services; and operation of online and offline tourism and leisure products, and solution platforms. It operates Miniversity, a learning and playing club for children; and FOLIDAY platform. The company serves individuals and groups; owners of resorts; visitors of tourism destinations; purchasers of tourism-related vacation units; and owners and concession right holders of tourism destinations. The company was formerly known as Fosun Tourism and Culture Group (Cayman) Company Limited and changed its name to Fosun Tourism Group in August 2018. Fosun Tourism Group was founded in 2009 and is headquartered in Shanghai, China. Fosun Tourism Group is a subsidiary of Fosun International Limited.

Details
Name: Fosun Tourism Group
1992
Exchange: SEHK
Founded: 2009
HK$15,373,064,081
1,233,793,265
Website: http://www.fosunholiday.com
Address: Fosun Tourism Group
Tower S1,
18th Floor,
Shanghai,
200010,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1992 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 14. Dec 2018
SHSC 1992 Ordinary Shares Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect HK HKD 14. Dec 2018
SZSC 1992 Ordinary Shares The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 14. Dec 2018
Number of employees
Current staff
Staff numbers
18,112
Fosun Tourism Group employees.
Industry
Hotels, Resorts and Cruise Lines
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/15 13:04
End of day share price update: 2019/07/15 00:00
Last estimates confirmation: 2019/06/17
Last earnings filing: 2019/04/18
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.