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678

Genting Hong KongSEHK:678 Stock Report

Market Cap

HK$7.5b

7D

-22.2%

1Y

180.0%

Updated

30 Nov, 2021

Data

Company Financials
678 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health0/6
Dividends0/6

678 Stock Overview

Genting Hong Kong Limited, an investment holding company, engages in the operation of passenger cruise ships in the Asia Pacific, the United States, Europe, and internationally.

Genting Hong Kong Competitors

Genting Singapore

SGX:G13

S$9.5b

Genting Berhad

KLSE:GENTING

RM17.6b

Genting Malaysia Berhad

KLSE:GENM

RM16.2b

Price History & Performance

Summary of all time highs, changes and price drops for Genting Hong Kong
Historical stock prices
Current Share PriceHK$0.84
52 Week HighHK$1.19
52 Week LowHK$0.26
Beta1.34
1 Month Change21.74%
3 Month Change44.83%
1 Year Change180.00%
3 Year Change-28.81%
5 Year Change-62.50%
Change since IPO-88.57%

Recent News & Updates

Shareholder Returns

678HK HospitalityHK Market
7D-22.2%-6.7%-3.0%
1Y180.0%-34.4%-5.2%

Return vs Industry: 678 exceeded the Hong Kong Hospitality industry which returned -34.4% over the past year.

Return vs Market: 678 exceeded the Hong Kong Market which returned -5.2% over the past year.

Price Volatility

Is 678's price volatile compared to industry and market?
678 volatility
678 Average Weekly Movement12.0%
Hospitality Industry Average Movement7.5%
Market Average Movement6.8%
10% most volatile stocks in HK Market13.3%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 678 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: 678's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
19938,200Kok Limhttps://www.gentinghk.com

Genting Hong Kong Limited, an investment holding company, engages in the operation of passenger cruise ships in the Asia Pacific, the United States, Europe, and internationally. It operates through three segments: Cruise and Cruise-Related Activities, Shipyard, and Non-Cruise Activities. The company primarily operates cruise ships under the Star Cruises, Dream Cruises, and Crystal Cruises brands; and MV Werften and Lloyd Werft shipyards, as well as docking facilities.

Genting Hong Kong Fundamentals Summary

How do Genting Hong Kong's earnings and revenue compare to its market cap?
678 fundamental statistics
Market CapUS$957.06m
Earnings (TTM)-US$1.11b
Revenue (TTM)US$322.86m

2.8x

P/S Ratio

-0.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
678 income statement (TTM)
RevenueUS$322.86m
Cost of RevenueUS$495.43m
Gross Profit-US$172.57m
ExpensesUS$937.67m
Earnings-US$1.11b

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.13
Gross Margin-53.45%
Net Profit Margin-343.88%
Debt/Equity Ratio119.5%

How did 678 perform over the long term?

See historical performance and comparison

Valuation

Is Genting Hong Kong undervalued compared to its fair value and its price relative to the market?

0.36x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 678's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 678's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 678 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Hospitality industry average.

PE vs Market: 678 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 678's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 678 is good value based on its PB Ratio (0.4x) compared to the HK Hospitality industry average (1x).


Future Growth

How is Genting Hong Kong forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

69.6%

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 Genting 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 Genting Hong Kong performed over the past 5 years?

-33.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 678 is currently unprofitable.

Growing Profit Margin: 678 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 678 is unprofitable, and losses have increased over the past 5 years at a rate of 33% per year.

Accelerating Growth: Unable to compare 678's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 678 is unprofitable, making it difficult to compare its past year earnings growth to the Hospitality industry (12.5%).


Return on Equity

High ROE: 678 has a negative Return on Equity (-48.17%), as it is currently unprofitable.


Financial Health

How is Genting Hong Kong's financial position?


Financial Position Analysis

Short Term Liabilities: 678's short term assets ($843.9M) do not cover its short term liabilities ($1.5B).

Long Term Liabilities: 678's short term assets ($843.9M) do not cover its long term liabilities ($3.0B).


Debt to Equity History and Analysis

Debt Level: 678's net debt to equity ratio (101.4%) is considered high.

Reducing Debt: 678's debt to equity ratio has increased from 10% to 119.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 678 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 678 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.9% each year


Dividend

What is Genting Hong Kong current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 678's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 678'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 678's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 678's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 678 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 678'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?

12.3yrs

Average management tenure


CEO

Kok Lim (69 yo)

no data

Tenure

US$1,303,000

Compensation

Mr. Kok Thay Lim serves as Vice Chairman at Genting Malaysia Berhad since August 27, 2020 and has been its Non-Independent Executive Director since October 17, 1988. He served as Chairman of the Board at G...


CEO Compensation Analysis

Compensation vs Market: Kok's total compensation ($USD1.30M) is above average for companies of similar size in the Hong Kong market ($USD442.28K).

Compensation vs Earnings: Kok's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 678's management team is seasoned and experienced (12.3 years average tenure).


Board Members

Experienced Board: 678's board of directors are considered experienced (4.3 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

Genting Hong Kong Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Genting Hong Kong Limited
  • Ticker: 678
  • Exchange: SEHK
  • Founded: 1993
  • Industry: Hotels, Resorts and Cruise Lines
  • Sector: Consumer Services
  • Market Cap: HK$7.465b
  • Shares outstanding: 8.48b
  • Website: https://www.gentinghk.com

Number of Employees


Location

  • Genting Hong Kong Limited
  • Ocean Centre
  • Suite 1501
  • Tsim Sha Tsui
  • Kowloon
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/30 10:08
End of Day Share Price2021/11/30 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.