SEHK:678

Stock Analysis Report

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Executive Summary

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. More Details


Snowflake Analysis

Overvalued with worrying balance sheet.


Similar Companies

Share Price & News

How has Genting Hong Kong's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 678's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.7%

678

1.0%

HK Hospitality

1.5%

HK Market


1 Year Return

-68.6%

678

7.5%

HK Hospitality

1.4%

HK Market

Return vs Industry: 678 underperformed the Hong Kong Hospitality industry which returned 7.5% over the past year.

Return vs Market: 678 underperformed the Hong Kong Market which returned 1.4% over the past year.


Shareholder returns

678IndustryMarket
7 Day-1.7%1.0%1.5%
30 Day-6.3%5.5%-1.5%
90 Day-45.4%20.5%4.4%
1 Year-68.6%-68.6%9.6%7.5%5.4%1.4%
3 Year-83.8%-85.5%-11.5%-18.4%-4.3%-14.6%
5 Year-85.2%-87.7%44.6%24.0%24.7%3.7%

Price Volatility Vs. Market

How volatile is Genting Hong Kong's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

0.089x

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 HK 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 (0.1x) compared to the HK Hospitality industry average (0.9x).


Next Steps

Future Growth

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

83.7%

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.


Next Steps

Past Performance

How has Genting Hong Kong performed over the past 5 years?

-64.3%

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 64.3% 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 (-49.6%).


Return on Equity

High ROE: 678 has a negative Return on Equity (-23.14%), as it is currently unprofitable.


Next Steps

Financial Health

How is Genting Hong Kong's financial position?


Financial Position Analysis

Short Term Liabilities: 678's short term assets ($1.1B) exceed its short term liabilities ($943.9M).

Long Term Liabilities: 678's short term assets ($1.1B) do not cover its long term liabilities ($3.2B).


Debt to Equity History and Analysis

Debt Level: 678's debt to equity ratio (89.3%) is considered high.

Reducing Debt: 678's debt to equity ratio has increased from 12% to 89.3% over the past 5 years.

Debt Coverage: 678's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 678's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

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?

10.7yrs

Average management tenure


CEO

Kok Lim (68 yo)

no data

Tenure

US$1,929,000

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 ($USD1.93M) is above average for companies of similar size in the Hong Kong market ($USD344.64K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Kok Lim
Chairman & CEOno dataUS$1.93m75.26%
$ 1.9b
Fook Yew Au
Group President0.083yrUS$26.00kno data
Kam Hing Chan
CFO & Executive Director0.083yrno datano data
Kenneth Ho
Vice President of Corporate Financeno datano datano data
Yuen Ching Lai
Senior VP of Legal Company Secretarial & Compliance and General Counselno datano datano data
Gustaf Grönberg
Executive Vice President of Marine Operation & Newbuilding15.67yrsno datano data
Beng Huat Goh
President of Dream Cruises & Head of International Sales1.17yrsno datano data
Hoe Guan Ng
Senior Vice President of Strategic Marketing12.17yrsno datano data
Ah Chuan Ng
Senior Vice President of Club Operations11.58yrsno datano data
Kak Siew Teoh
Senior Vice President of Casino Marketingno datano datano data
Joon Ming Ng
Senior Vice President of Information Technology & Business Process Outsourcingno datano datano data
Teck Jen Tan
Assistant Executive Vice President10.67yrsno datano data

10.7yrs

Average Tenure

61yo

Average Age

Experienced Management: 678's management team is seasoned and experienced (10.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kok Lim
Chairman & CEOno dataUS$1.93m75.26%
$ 1.9b
Fook Yew Au
Group President0.083yrUS$26.00kno data
Kam Hing Chan
CFO & Executive Director0.083yrno datano data
Wah Tan
Independent Non-Executive Director6.08yrsUS$64.00k0.011%
$ 285.8k
Alan Howard Smith
Independent Deputy Chairmanno dataUS$74.00k0.094%
$ 2.4m
Wai Hon Lam
Independent Non-Executive Director7.25yrsUS$70.00kno data

3.1yrs

Average Tenure

68.5yo

Average Age

Experienced Board: 678's board of directors are considered experienced (3.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 678 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Genting Hong Kong Limited's company bio, 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$2.502b
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GTHK.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDApr 1998
678SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDApr 1998
TJYDB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 1998

Biography

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 s ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/21 19:28
End of Day Share Price2020/09/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.