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6966

China Wan Tong Yuan (Holdings) SEHK:6966 Stock Report

Last Price

HK$0.40

Market Cap

HK$400.0m

7D

0%

1Y

-4.8%

Updated

16 Aug, 2022

Data

Company Financials
6966 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends0/6

6966 Stock Overview

China Wan Tong Yuan (Holdings) Limited, an investment holding company, provides burial services in the People’s Republic of China.

China Wan Tong Yuan (Holdings) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China Wan Tong Yuan (Holdings)
Historical stock prices
Current Share PriceHK$0.40
52 Week HighHK$3.30
52 Week LowHK$0.34
Beta-0.65
1 Month Change-11.11%
3 Month Change-5.88%
1 Year Change-4.76%
3 Year Change66.67%
5 Year Changen/a
Change since IPO3.90%

Recent News & Updates

Jul 27
China Wan Tong Yuan (Holdings) (HKG:6966) May Have Issues Allocating Its Capital

China Wan Tong Yuan (Holdings) (HKG:6966) May Have Issues Allocating Its Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...

Shareholder Returns

6966HK Consumer ServicesHK Market
7D0%-1.2%-0.2%
1Y-4.8%-37.9%-21.6%

Return vs Industry: 6966 exceeded the Hong Kong Consumer Services industry which returned -37.9% over the past year.

Return vs Market: 6966 exceeded the Hong Kong Market which returned -21.6% over the past year.

Price Volatility

Is 6966's price volatile compared to industry and market?
6966 volatility
6966 Average Weekly Movement6.2%
Consumer Services Industry Average Movement8.6%
Market Average Movement6.5%
10% most volatile stocks in HK Market12.6%
10% least volatile stocks in HK Market3.2%

Stable Share Price: 6966 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 6966's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
200760n/ahttps://www.chinawty.com

China Wan Tong Yuan (Holdings) Limited, an investment holding company, provides burial services in the People’s Republic of China. The company sells burial plots and columbarium units, as well as offers cemetery maintenance and funeral services. It also provides other burial-related services, such as the organization and conducting of interment rituals; designs, constructs, and landscapes burial plots; and engraves inscriptions and ceramic photographs on the headstones.

China Wan Tong Yuan (Holdings) Fundamentals Summary

How do China Wan Tong Yuan (Holdings)'s earnings and revenue compare to its market cap?
6966 fundamental statistics
Market CapHK$400.00m
Earnings (TTM)HK$28.03m
Revenue (TTM)HK$54.39m

14.3x

P/E Ratio

7.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
6966 income statement (TTM)
RevenueCN¥47.00m
Cost of RevenueCN¥12.60m
Gross ProfitCN¥34.40m
Other ExpensesCN¥10.18m
EarningsCN¥24.23m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.024
Gross Margin73.19%
Net Profit Margin51.54%
Debt/Equity Ratio0%

How did 6966 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 6966 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 6966?

Other financial metrics that can be useful for relative valuation.

6966 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue5.4x
Enterprise Value/EBITDA12.7x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 6966's PE Ratio compare to its peers?

6966 PE Ratio vs Peers
The above table shows the PE ratio for 6966 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average18.2x
922 Anxian Yuan China Holdings
5.1xn/aHK$371.0m
1939 Tokyo Chuo Auction Holdings
42.7xn/aHK$360.0m
1739 Qeeka Home (Cayman)
5.9xn/aHK$508.5m
1827 Miricor Enterprises Holdings
18.9xn/aHK$480.0m
6966 China Wan Tong Yuan (Holdings)
14.3xn/aHK$400.0m

Price-To-Earnings vs Peers: 6966 is good value based on its Price-To-Earnings Ratio (14.3x) compared to the peer average (18.2x).


Price to Earnings Ratio vs Industry

How does 6966's PE Ratio compare vs other companies in the HK Consumer Services Industry?

Price-To-Earnings vs Industry: 6966 is expensive based on its Price-To-Earnings Ratio (14.3x) compared to the Hong Kong Consumer Services industry average (8.1x)


Price to Earnings Ratio vs Fair Ratio

What is 6966's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

6966 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 6966's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 6966 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 6966 (HK$0.4) is trading below our estimate of fair value (HK$5.63)

Significantly Below Fair Value: 6966 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is China Wan Tong Yuan (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


35.9%

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 China Wan Tong Yuan (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.


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  • Examine whether China Wan Tong Yuan (Holdings) is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • China Wan Tong Yuan (Holdings) competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has China Wan Tong Yuan (Holdings) performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


7.5%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 6966 has high quality earnings.

Growing Profit Margin: 6966's current net profit margins (51.5%) are higher than last year (40.8%).


Past Earnings Growth Analysis

Earnings Trend: 6966's earnings have grown by 7.5% per year over the past 5 years.

Accelerating Growth: 6966's earnings growth over the past year (46.4%) exceeds its 5-year average (7.5% per year).

Earnings vs Industry: 6966 earnings growth over the past year (46.4%) exceeded the Consumer Services industry 19.9%.


Return on Equity

High ROE: 6966's Return on Equity (12%) is considered low.


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Financial Health

How is China Wan Tong Yuan (Holdings)'s financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 6966's short term assets (CN¥227.8M) exceed its short term liabilities (CN¥18.7M).

Long Term Liabilities: 6966's short term assets (CN¥227.8M) exceed its long term liabilities (CN¥72.5M).


Debt to Equity History and Analysis

Debt Level: 6966 is debt free.

Reducing Debt: 6966 has no debt compared to 5 years ago when its debt to equity ratio was 0.5%.

Debt Coverage: 6966 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 6966 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is China Wan Tong Yuan (Holdings) current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6966's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6966'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 6966's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6966's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 6966 has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average management tenure


CEO

China Wan Tong Yuan (Holdings) has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 6966's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: 6966's board of directors are considered experienced (4.9 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

China Wan Tong Yuan (Holdings) Limited's employee growth, exchange listings and data sources


Key Information

  • Name: China Wan Tong Yuan (Holdings) Limited
  • Ticker: 6966
  • Exchange: SEHK
  • Founded: 2007
  • Industry: Specialized Consumer Services
  • Sector: Consumer Services
  • Implied Market Cap: HK$400.000m
  • Shares outstanding: 1.00b
  • Website: https://www.chinawty.com

Number of Employees


Location

  • China Wan Tong Yuan (Holdings) Limited
  • No. 48, Louzhuang Road
  • Langfang Development Area
  • Langfang
  • Hebei Province
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/16 00:00
End of Day Share Price2022/08/16 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.