The Cross-Harbour (Holdings) Limited, an investment holding company, engages in motoring school operation, treasury management, securities investment, tunnel operation, and electronic toll collection businesses in Hong Kong.
32 passed our risk checks.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$10.32|
|52 Week High||HK$10.00|
|52 Week Low||HK$14.46|
|1 Month Change||-3.55%|
|3 Month Change||-19.38%|
|1 Year Change||-25.43%|
|3 Year Change||-21.58%|
|5 Year Change||-4.09%|
|Change since IPO||-29.32%|
Recent News & Updates
|32||HK Consumer Services||HK Market|
Return vs Industry: 32 exceeded the Hong Kong Consumer Services industry which returned -29.7% over the past year.
Return vs Market: 32 underperformed the Hong Kong Market which returned 5.3% over the past year.
Stable Share Price: 32 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 32's weekly volatility (4%) has been stable over the past year.
About the Company
The Cross-Harbour (Holdings) Limited, an investment holding company, engages in motoring school operation, treasury management, securities investment, tunnel operation, and electronic toll collection businesses in Hong Kong. It operates through Motoring School Operations, Tunnel Operations, Electronic Toll Operations, and Treasury Management segments. The company also operates driver training centers; and provides telematics services.
Cross-Harbour (Holdings) Fundamentals Summary
|32 fundamental statistics|
Is 32 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|32 income statement (TTM)|
|Cost of Revenue||HK$199.56m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||2.65|
|Net Profit Margin||91.94%|
How did 32 perform over the long term?See historical performance and comparison
4.1%Current Dividend Yield
Is Cross-Harbour (Holdings) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 32 (HK$10.32) is trading below our estimate of fair value (HK$21.4)
Significantly Below Fair Value: 32 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 32 is good value based on its PE Ratio (3.9x) compared to the Hong Kong Consumer Services industry average (16.3x).
PE vs Market: 32 is good value based on its PE Ratio (3.9x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 32's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 32 is good value based on its PB Ratio (0.4x) compared to the HK Consumer Services industry average (1.6x).
How is Cross-Harbour (Holdings) 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 Cross-Harbour (Holdings) 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 Cross-Harbour (Holdings) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 32 has high quality earnings.
Growing Profit Margin: 32's current net profit margins (91.9%) are lower than last year (92.7%).
Past Earnings Growth Analysis
Earnings Trend: 32's earnings have grown by 5.2% per year over the past 5 years.
Accelerating Growth: 32's earnings growth over the past year (116.3%) exceeds its 5-year average (5.2% per year).
Earnings vs Industry: 32 earnings growth over the past year (116.3%) exceeded the Consumer Services industry 1.4%.
Return on Equity
High ROE: 32's Return on Equity (11.1%) is considered low.
How is Cross-Harbour (Holdings)'s financial position?
Financial Position Analysis
Short Term Liabilities: 32's short term assets (HK$4.3B) exceed its short term liabilities (HK$740.8M).
Long Term Liabilities: 32's short term assets (HK$4.3B) exceed its long term liabilities (HK$39.5M).
Debt to Equity History and Analysis
Debt Level: 32 is debt free.
Reducing Debt: 32 has no debt compared to 5 years ago when its debt to equity ratio was 5.8%.
Debt Coverage: 32 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 32 has no debt, therefore coverage of interest payments is not a concern.
What is Cross-Harbour (Holdings) current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 32's dividend (4.07%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).
High Dividend: 32's dividend (4.07%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.78%).
Stability and Growth of Payments
Stable Dividend: 32's dividends per share have been stable in the past 10 years.
Growing Dividend: 32's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (15.9%), 32's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
John Yeung (75 yo)
Dr. Hin Chung Yeung, also known as John, SBS, OBE, JP, FHKIoD, has been the Managing Director and Executive Director at The Cross-Harbour (Holdings) Limited since August 01, 2001. Prior to joining The Cros...
CEO Compensation Analysis
Compensation vs Market: John's total compensation ($USD1.81M) is above average for companies of similar size in the Hong Kong market ($USD342.08K).
Compensation vs Earnings: John's compensation has been consistent with company performance over the past year.
Experienced Board: 32's board of directors are seasoned and experienced ( 20.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 32 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.
The Cross-Harbour (Holdings) Limited's employee growth, exchange listings and data sources
- Name: The Cross-Harbour (Holdings) Limited
- Ticker: 32
- Exchange: SEHK
- Founded: 1965
- Industry: Education Services
- Sector: Consumer Services
- Market Cap: HK$3.846b
- Shares outstanding: 372.69m
- Website: https://www.crossharbour.com.hk
Number of Employees
- The Cross-Harbour (Holdings) Limited
- China Resources Building
- 25th Floor
- Wan Chai
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:09|
|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.