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Rich Goldman Holdings

SEHK:70
Snowflake Description

Flawless balance sheet and undervalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
70
SEHK
HK$129M
Market Cap
  1. Home
  2. HK
  3. Consumer Services
Company description

Rich Goldman Holdings Limited, an investment holding company, engages in the gaming and entertainment related business in Macau. The last earnings update was 119 days ago. More info.


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  • Rich Goldman Holdings has significant price volatility in the past 3 months.
70 Share Price and Events
7 Day Returns
-9.1%
SEHK:70
-0.9%
HK Hospitality
-0.7%
HK Market
1 Year Returns
-36.7%
SEHK:70
-6%
HK Hospitality
-5.7%
HK Market
70 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Rich Goldman Holdings (70) -9.1% -17% -25.5% -36.7% -47.9% -89.2%
HK Hospitality -0.9% 5.9% -4.9% -6% 40.4% -30.2%
HK Market -0.7% -0.9% -8.1% -5.7% 16.3% -0.3%
1 Year Return vs Industry and Market
  • 70 underperformed the Hospitality industry which returned -6% over the past year.
  • 70 underperformed the Market in Hong Kong which returned -5.7% over the past year.
Price Volatility
70
Industry
5yr Volatility vs Market

Value

 Is Rich Goldman Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Rich Goldman Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Rich Goldman Holdings.

SEHK:70 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.3%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:70
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6.7%
Hospitality Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.921 (1 + (1- 25%) (0%))
0.947
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.95
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (0.947 * 6.65%)
8.3%

Discounted Cash Flow Calculation for SEHK:70 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Rich Goldman Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:70 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 8.3%)
2020 84.43 Est @ -32.74% 77.96
2021 65.58 Est @ -22.32% 55.92
2022 55.73 Est @ -15.02% 43.87
2023 50.21 Est @ -9.91% 36.50
2024 47.02 Est @ -6.34% 31.56
2025 45.22 Est @ -3.84% 28.03
2026 44.28 Est @ -2.08% 25.34
2027 43.90 Est @ -0.86% 23.20
2028 43.90 Est @ 0% 21.42
2029 44.16 Est @ 0.6% 19.89
Present value of next 10 years cash flows HK$363.68
SEHK:70 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= HK$44.16 × (1 + 2%) ÷ (8.3% – 2%)
HK$715.32
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$715.32 ÷ (1 + 8.3%)10
HK$322.26
SEHK:70 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$363.68 + HK$322.26
HK$685.94
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$685.94 / 692.44
HK$0.99
SEHK:70 Discount to Share Price
Calculation Result
Value per share (HKD) From above. HK$0.99
Current discount Discount to share price of HK$0.19
= -1 x (HK$0.19 - HK$0.99) / HK$0.99
80.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Rich Goldman Holdings is available for.
Intrinsic value
>50%
Share price is HK$0.19 vs Future cash flow value of HK$0.99062
Current Discount Checks
For Rich Goldman Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Rich Goldman Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Rich Goldman Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Rich Goldman Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Rich Goldman Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:70 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$0.07
SEHK:70 Share Price ** SEHK (2019-07-23) in HKD HK$0.19
Hong Kong Hospitality Industry PE Ratio Median Figure of 69 Publicly-Listed Hospitality Companies 13.93x
Hong Kong Market PE Ratio Median Figure of 1,512 Publicly-Listed Companies 10.66x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Rich Goldman Holdings.

SEHK:70 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:70 Share Price ÷ EPS (both in HKD)

= 0.19 ÷ 0.07

2.85x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rich Goldman Holdings is good value based on earnings compared to the HK Hospitality industry average.
  • Rich Goldman Holdings is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Rich Goldman Holdings's expected growth come at a high price?
Raw Data
SEHK:70 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.85x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
21.6%per year
Hong Kong Hospitality Industry PEG Ratio Median Figure of 21 Publicly-Listed Hospitality Companies 2.16x
Hong Kong Market PEG Ratio Median Figure of 481 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Rich Goldman Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Rich Goldman Holdings's assets?
Raw Data
SEHK:70 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$1.59
SEHK:70 Share Price * SEHK (2019-07-23) in HKD HK$0.19
Hong Kong Hospitality Industry PB Ratio Median Figure of 109 Publicly-Listed Hospitality Companies 1.11x
Hong Kong Market PB Ratio Median Figure of 2,198 Publicly-Listed Companies 0.92x
SEHK:70 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:70 Share Price ÷ Book Value per Share (both in HKD)

= 0.19 ÷ 1.59

0.12x

* Primary Listing of Rich Goldman Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Rich Goldman Holdings is good value based on assets compared to the HK Hospitality industry average.
X
Value checks
We assess Rich Goldman Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. Rich Goldman Holdings has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Rich Goldman Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Rich Goldman Holdings, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Rich Goldman Holdings expected to grow at an attractive rate?
  • Rich Goldman Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Rich Goldman Holdings's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare Rich Goldman Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:70 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:70 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 21.6%
Hong Kong Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 15.4%
Hong Kong Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:70 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:70 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:70 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 137 126 46
2018-09-30 134 211 43
2018-06-30 130 295 39
2018-03-31 178 388 5
2017-12-31 225 481 -29
2017-09-30 261 612 -19
2017-06-30 297 742 -10
2017-03-31 289 604 35
2016-12-31 282 466 81
2016-09-30 280 233 -61
2016-06-30 279 -1 -202
2016-03-31 301 33 -709

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Rich Goldman Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Rich Goldman Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:70 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Rich Goldman Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:70 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:70 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 0.07
2018-09-30 0.06
2018-06-30 0.06
2018-03-31 0.01
2017-12-31 -0.04
2017-09-30 -0.03
2017-06-30 -0.01
2017-03-31 0.06
2016-12-31 0.14
2016-09-30 -0.12
2016-06-30 -0.43
2016-03-31 -1.52

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Rich Goldman Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Rich Goldman Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Rich Goldman Holdings has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Rich Goldman Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Rich Goldman Holdings's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Rich Goldman Holdings's year on year earnings growth rate has been positive over the past 5 years.
  • Rich Goldman Holdings has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Rich Goldman Holdings has become profitable in the last year making it difficult to compare the HK Hospitality industry average.
Earnings and Revenue History
Rich Goldman Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Rich Goldman Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:70 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 136.87 46.18 -29.92
2018-09-30 133.68 42.59 -29.39
2018-06-30 130.48 39.01 -28.86
2018-03-31 177.79 5.09 -151.01
2017-12-31 225.10 -28.84 -290.60
2017-09-30 260.95 -19.49 -291.79
2017-06-30 296.80 -10.15 -292.98
2017-03-31 289.21 35.35 -167.21
2016-12-31 281.63 80.85 -41.44
2016-09-30 280.14 -60.63 16.44
2016-06-30 278.65 -202.11 74.31
2016-03-31 300.63 -709.03 271.23
2015-12-31 322.60 -1,215.96 468.15
2015-09-30 398.08 -1,021.99 409.32
2015-06-30 473.56 -828.01 350.48
2015-03-31 558.30 -361.93 178.71
2014-12-31 643.05 104.15 6.93
2014-09-30 676.72 126.46 7.48
2014-06-30 710.40 148.76 8.04
2014-03-31 677.19 218.27 9.12
2013-12-31 643.98 287.78 10.21
2013-09-30 610.75 288.04 10.41
2013-06-30 577.52 288.30 10.61
2013-03-31 537.66 304.07 9.10
2012-12-31 497.81 319.83 7.60
2012-09-30 465.59 300.29 6.96

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Rich Goldman Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Rich Goldman Holdings used its assets less efficiently than the HK Hospitality industry average last year based on Return on Assets.
  • Rich Goldman Holdings has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
X
Past performance checks
We assess Rich Goldman Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Rich Goldman Holdings has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Rich Goldman Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Rich Goldman Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Rich Goldman Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Rich Goldman Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Rich Goldman Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Rich Goldman Holdings has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Rich Goldman Holdings Company Filings, last reported 6 months ago.

SEHK:70 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,183.70 0.00 513.83
2018-09-30 1,183.70 0.00 513.83
2018-06-30 1,225.92 0.00 598.06
2018-03-31 1,225.92 0.00 598.06
2017-12-31 1,126.22 0.00 502.55
2017-09-30 1,126.22 0.00 502.55
2017-06-30 1,383.61 14.01 596.47
2017-03-31 1,383.61 14.01 596.47
2016-12-31 1,491.44 15.24 644.78
2016-09-30 1,491.44 15.24 644.78
2016-06-30 1,451.65 16.45 148.56
2016-03-31 1,451.65 16.45 148.56
2015-12-31 1,568.49 17.64 54.28
2015-09-30 1,568.49 17.64 54.28
2015-06-30 1,819.03 18.82 58.21
2015-03-31 1,819.03 18.82 58.21
2014-12-31 3,110.25 19.79 124.73
2014-09-30 3,110.25 19.79 124.73
2014-06-30 2,967.31 20.93 45.19
2014-03-31 2,967.31 20.93 45.19
2013-12-31 3,000.06 35.70 32.31
2013-09-30 3,000.06 35.70 32.31
2013-06-30 2,806.69 54.84 95.58
2013-03-31 2,806.69 54.84 95.58
2012-12-31 2,871.66 24.28 92.03
2012-09-30 2,871.66 24.28 92.03
  • Rich Goldman Holdings has no debt.
  • Rich Goldman Holdings has no debt compared to 5 years ago when it was 1.2%.
  • Rich Goldman Holdings has no debt, it does not need to be covered by operating cash flow.
  • Rich Goldman Holdings has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Rich Goldman Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Rich Goldman Holdings has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Rich Goldman Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Rich Goldman Holdings dividends.
If you bought HK$2,000 of Rich Goldman Holdings shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Rich Goldman Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Rich Goldman Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:70 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 44 Stocks 2.8%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:70 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Rich Goldman Holdings has not reported any payouts.
  • Unable to verify if Rich Goldman Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Rich Goldman Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Rich Goldman Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Rich Goldman Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Rich Goldman Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Rich Goldman Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Rich Goldman Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Rich Goldman Holdings has no CEO, or we have no data on them.
Management Team

Danny Xuda

TITLE
Chairman
COMPENSATION
HK$642K
AGE
41

Andy Lin

TITLE
COO & ExecutiveDirector
COMPENSATION
HK$581K
AGE
44

Yiu Cheung

TITLE
Company Secretary & Financial Controller
AGE
32
TENURE
0.9 yrs

Wai So

TITLE
Executive Director
AGE
43
Board of Directors Tenure

Average tenure and age of the Rich Goldman Holdings board of directors in years:

6.7
Average Tenure
44
Average Age
  • The tenure for the Rich Goldman Holdings board of directors is about average.
Board of Directors

Danny Xuda

TITLE
Chairman
COMPENSATION
HK$642K
AGE
41
TENURE
5.7 yrs

Andy Lin

TITLE
COO & ExecutiveDirector
COMPENSATION
HK$581K
AGE
44
TENURE
6.7 yrs

Wai So

TITLE
Executive Director
AGE
43
TENURE
0.9 yrs

Alton Cheung

TITLE
Independent Non-Executive Director
COMPENSATION
HK$60K
AGE
56
TENURE
12.1 yrs

Fu Wing Yue

TITLE
Independent Non-Executive Director
COMPENSATION
HK$60K
AGE
51
TENURE
14.5 yrs

Nicholas Niglio

TITLE
Non Executive Director
COMPENSATION
HK$477K
AGE
73
TENURE
11.8 yrs

Hoi Ching Yeung

TITLE
Independent Non-Executive Director
COMPENSATION
HK$60K
AGE
37
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess Rich Goldman Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Rich Goldman Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Rich Goldman Holdings Limited (HKG:70) Is Employing Capital Very Effectively

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Rich Goldman Holdings: 0.072 = HK$86m ÷ (HK$1.2b - HK$9.3m) (Based on the trailing twelve months to December 2018.) So, Rich Goldman Holdings has an ROCE of 7.2%. … How Rich Goldman Holdings's Current Liabilities Impact Its ROCE Liabilities, such as supplier bills and bank overdrafts, are referred to as current liabilities if they need to be paid within 12 months. … Rich Goldman Holdings reports few current liabilities, which have a negligible impact on its unremarkable ROCE.

Simply Wall St -

A Holistic Look At Rich Goldman Holdings Limited (HKG:70)

Attractive stocks have exceptional fundamentals. … In the case of Rich Goldman Holdings Limited (HKG:70), there's. … is a company that has been able to sustain great financial health, trading at an attractive share price

Simply Wall St -

How Much Of Rich Goldman Holdings Limited (HKG:70) Do Insiders Own?

If you want to know who really controls Rich Goldman Holdings Limited (HKG:70), then you'll have to look at the makeup of its share registry. … With a market capitalization of HK$187m, Rich Goldman Holdings is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for Rich Goldman Holdings

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Is Rich Goldman Holdings Limited (HKG:70) Creating Value For Shareholders?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … First up, we'll look at what ROCE is and how we calculate it. … Understanding Return On Capital Employed (ROCE).

Simply Wall St -

Does Rich Goldman Holdings Limited (HKG:70) Have A Volatile Share Price?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

Simply Wall St -

Do Insiders Own Lots Of Shares In Rich Goldman Holdings Limited (HKG:70)?

If you want to know who really controls Rich Goldman Holdings Limited (HKG:70), then you'll have to look at the makeup of its share registry. … Rich Goldman Holdings is not a large company by global standards. … Check out our latest analysis for Rich Goldman Holdings

Simply Wall St -

Is Rich Goldman Holdings Limited's (HKG:70) Balance Sheet Strong Enough To Weather A Storm?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is 70 right in choosing financial flexibility over lower cost of capital. … Debt capital generally has lower cost of capital compared to equity funding

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Rich Goldman Holdings Limited (HKG:70)'s Return on Capital

and want to begin learning the link between Rich Goldman Holdings Limited (HKG:70)’s return fundamentals and stock market performance. … To understand Rich Goldman Holdings’s capital returns we will look at a useful metric called return on capital employed. … Rich Goldman Holdings's Return On Capital Employed

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Who Are The Major Shareholders In Rich Goldman Holdings Limited (HKG:70)?

I am going to take a deep dive into Rich Goldman Holdings Limited’s (HKG:70) most recent ownership structure, not a frequent subject of discussion among individual investors. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … Therefore, it is beneficial for us to examine 70's ownership structure in more detail.

Simply Wall St -

How Does Investing In Rich Goldman Holdings Limited (HKG:70) Impact Your Portfolio?

Broadly speaking, there are two types of risk you should consider when investing in stocks such as 70. … The first risk to consider is company-specific, which can be diversified away when you invest in other companies in the same industry as 70, because it is rare that an entire industry collapses at once. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market.

Simply Wall St -

Company Info

Description

Rich Goldman Holdings Limited, an investment holding company, engages in the gaming and entertainment related business in Macau. It is also involved in the money lending activities; and hotel operations. The company was formerly known as Neptune Group Limited and changed its name to Rich Goldman Holdings Limited in September 2017. Rich Goldman Holdings Limited is headquartered in Central, Hong Kong.

Details
Name: Rich Goldman Holdings Limited
70
Exchange: SEHK
Founded:
HK$129,485,658
692,436,675
Website: http://www.richgoldman.com.hk
Address: Rich Goldman Holdings Limited
West Tower,
Room 1807, 18th Floor,
Central,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 70 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 02. Jul 1992
DB MRU3 Ordinary Shares Deutsche Boerse AG DE EUR 02. Jul 1992
Number of employees
Current staff
Staff numbers
31
Rich Goldman Holdings employees.
Industry
Casinos and Gaming
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/23 12:45
End of day share price update: 2019/07/23 00:00
Last estimates confirmation: 2017/09/29
Last earnings filing: 2019/03/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.