New Century Group Hong Kong Limited, an investment holding company, primarily provides cruise ship charter services in Hong Kong and rest of Southeast Asia.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.066|
|52 Week High||HK$0.052|
|52 Week Low||HK$0.096|
|1 Month Change||-9.59%|
|3 Month Change||15.79%|
|1 Year Change||3.13%|
|3 Year Change||-46.77%|
|5 Year Change||-51.47%|
|Change since IPO||-70.51%|
Recent News & Updates
The Return Trends At New Century Group Hong Kong (HKG:234) Look Promising
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
New Century Group Hong Kong (HKG:234) Is Experiencing Growth In Returns On Capital
If you're looking for a multi-bagger, there's a few things to keep an eye out for. Firstly, we'd want to identify a...
New Century Group Hong Kong (HKG:234) Has A Rock Solid Balance Sheet
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
What Type Of Returns Would New Century Group Hong Kong's(HKG:234) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Ideally, your overall portfolio should beat the market average. But even the best stock picker will only win with some...
|234||HK Hospitality||HK Market|
Return vs Industry: 234 exceeded the Hong Kong Hospitality industry which returned -25.9% over the past year.
Return vs Market: 234 underperformed the Hong Kong Market which returned 5.3% over the past year.
Stable Share Price: 234 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: 234's weekly volatility (7%) has been stable over the past year.
About the Company
New Century Group Hong Kong Limited, an investment holding company, primarily provides cruise ship charter services in Hong Kong and rest of Southeast Asia. It operates through four segments: Money Lending, Cruise Ship Charter Services, Property Investments, and Securities Trading. The company offers secured mortgage loans and unsecured personal loans; charters cruise ships under the Leisure World and Aegean Paradise names.
New Century Group Hong Kong Fundamentals Summary
|234 fundamental statistics|
Is 234 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|234 income statement (TTM)|
|Cost of Revenue||HK$14.62m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.0098|
|Net Profit Margin||-56.51%|
How did 234 perform over the long term?See historical performance and comparison
Is New Century Group Hong Kong undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 234 (HK$0.07) is trading above our estimate of fair value (HK$0.02)
Significantly Below Fair Value: 234 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 234 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Hospitality industry average.
PE vs Market: 234 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 234's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 234 is good value based on its PB Ratio (0.2x) compared to the HK Hospitality industry average (1.1x).
How is New Century Group Hong Kong forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 New Century Group 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.
How has New Century Group Hong Kong performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 234 is currently unprofitable.
Growing Profit Margin: 234 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 234 is unprofitable, and losses have increased over the past 5 years at a rate of 30.5% per year.
Accelerating Growth: Unable to compare 234's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 234 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (34.7%).
Return on Equity
High ROE: 234 has a negative Return on Equity (-4.07%), as it is currently unprofitable.
How is New Century Group Hong Kong's financial position?
Financial Position Analysis
Short Term Liabilities: 234's short term assets (HK$1.2B) exceed its short term liabilities (HK$142.6M).
Long Term Liabilities: 234's short term assets (HK$1.2B) exceed its long term liabilities (HK$21.8M).
Debt to Equity History and Analysis
Debt Level: 234's debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: 234's debt to equity ratio has reduced from 13.9% to 5.7% over the past 5 years.
Debt Coverage: 234's debt is well covered by operating cash flow (23.5%).
Interest Coverage: 234 earns more interest than it pays, so coverage of interest payments is not a concern.
What is New Century Group Hong Kong current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 234's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 234'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 234's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 234's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 234 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 234's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Alec Wong (56 yo)
Mr. Chi Lik Wong, also knwon as Alec, is the Founder and has been Chief Executive Officer of Land Search Online since April 2000. Mr. Wong joined New Century Group Hong Kong Ltd. in April 2000 as a result...
Experienced Management: 234's management team is seasoned and experienced (21.5 years average tenure).
Experienced Board: 234's board of directors are seasoned and experienced ( 18.3 years average tenure).
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
New Century Group Hong Kong Limited's employee growth, exchange listings and data sources
- Name: New Century Group Hong Kong Limited
- Ticker: 234
- Exchange: SEHK
- Founded: NaN
- Industry: Hotels, Resorts and Cruise Lines
- Sector: Consumer Services
- Market Cap: HK$381.504m
- Shares outstanding: 5.78b
- Website: https://www.ncgrp.com.hk
Number of Employees
- New Century Group Hong Kong Limited
- West Tower
- 38th Floor, Unit 3808
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:11|
|End of Day Share Price||2021/10/18 00:00|
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.