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China E-Information Technology Group

SEHK:8055
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8055
SEHK
HK$653M
Market Cap
  1. Home
  2. HK
  3. Consumer Services
Company description

China E-Information Technology Group Limited, an investment holding company, provides occupational education, industry certification courses, skills training, and education consultation services in the People’s Republic of China. The last earnings update was 73 days ago. More info.


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8055 Share Price and Events
7 Day Returns
12.1%
SEHK:8055
1.1%
HK Consumer Services
0.6%
HK Market
1 Year Returns
-27.5%
SEHK:8055
-28.6%
HK Consumer Services
-4.5%
HK Market
8055 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China E-Information Technology Group (8055) 12.1% 19.4% -2.6% -27.5% -37.3% -38.3%
HK Consumer Services 1.1% 4% -7.9% -28.6% 0.4% 0.8%
HK Market 0.6% 0.4% -7% -4.5% 17.8% 1.1%
1 Year Return vs Industry and Market
  • 8055 outperformed the Consumer Services industry which returned -28.6% over the past year.
  • 8055 underperformed the Market in Hong Kong which returned -4.5% over the past year.
Price Volatility
8055
Industry
5yr Volatility vs Market

Value

 Is China E-Information Technology Group 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 China E-Information Technology Group 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 China E-Information Technology Group.

SEHK:8055 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 7.6%
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:8055
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6.7%
Consumer Services Unlevered Beta Simply Wall St/ S&P Global 0.74
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.741 (1 + (1- 25%) (5.31%))
0.846
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.85
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (0.846 * 6.65%)
7.63%

Discounted Cash Flow Calculation for SEHK:8055 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for China E-Information Technology Group 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:8055 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 7.63%)
2020 9.71 Est @ 15.07% 9.03
2021 10.80 Est @ 11.15% 9.32
2022 11.71 Est @ 8.41% 9.39
2023 12.46 Est @ 6.48% 9.29
2024 13.11 Est @ 5.14% 9.07
2025 13.66 Est @ 4.2% 8.78
2026 14.14 Est @ 3.54% 8.45
2027 14.57 Est @ 3.08% 8.09
2028 14.98 Est @ 2.76% 7.73
2029 15.36 Est @ 2.53% 7.36
Present value of next 10 years cash flows HK$86.51
SEHK:8055 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= HK$15.36 × (1 + 2%) ÷ (7.63% – 2%)
HK$278.35
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$278.35 ÷ (1 + 7.63%)10
HK$133.43
SEHK:8055 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$86.51 + HK$133.43
HK$219.95
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$219.95 / 3,751.30
HK$0.06
SEHK:8055 Discount to Share Price
Calculation Result
Value per share (HKD) From above. HK$0.06
Current discount Discount to share price of HK$0.19
= -1 x (HK$0.19 - HK$0.06) / HK$0.06
-215.5%

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

  • The current share price of China E-Information Technology Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 China E-Information Technology Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China E-Information Technology Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8055 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in HKD HK$-0.02
SEHK:8055 Share Price ** SEHK (2019-07-22) in HKD HK$0.19
Hong Kong Consumer Services Industry PE Ratio Median Figure of 39 Publicly-Listed Consumer Services Companies 15.21x
Hong Kong Market PE Ratio Median Figure of 1,512 Publicly-Listed Companies 10.77x

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

** Primary Listing of China E-Information Technology Group.

SEHK:8055 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8055 Share Price ÷ EPS (both in HKD)

= 0.19 ÷ -0.02

-7.87x

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

  • China E-Information Technology Group is loss making, we can't compare its value to the HK Consumer Services industry average.
  • China E-Information Technology Group is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does China E-Information Technology Group's expected growth come at a high price?
Raw Data
SEHK:8055 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.87x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Consumer Services Industry PEG Ratio Median Figure of 17 Publicly-Listed Consumer Services Companies 0.87x
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 China E-Information Technology Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on China E-Information Technology Group's assets?
Raw Data
SEHK:8055 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in HKD HK$0.04
SEHK:8055 Share Price * SEHK (2019-07-22) in HKD HK$0.19
Hong Kong Consumer Services Industry PB Ratio Median Figure of 55 Publicly-Listed Consumer Services Companies 2.23x
Hong Kong Market PB Ratio Median Figure of 2,198 Publicly-Listed Companies 0.92x
SEHK:8055 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8055 Share Price ÷ Book Value per Share (both in HKD)

= 0.19 ÷ 0.04

4.27x

* Primary Listing of China E-Information Technology Group.

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

  • China E-Information Technology Group is overvalued based on assets compared to the HK Consumer Services industry average.
X
Value checks
We assess China E-Information Technology Group'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 Consumer Services 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 Consumer Services industry average (and greater than 0)? (1 check)
  5. China E-Information Technology Group has a total score of 0/6, 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 China E-Information Technology Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 E-Information Technology Group 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
23.9%
Expected Consumer Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China E-Information Technology Group expected to grow at an attractive rate?
  • Unable to compare China E-Information Technology Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare China E-Information Technology Group's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare China E-Information Technology Group's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8055 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Consumer Services Industry Earnings Growth Rate Market Cap Weighted Average 23.9%
Hong Kong Consumer Services Industry Revenue Growth Rate Market Cap Weighted Average 20.7%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.3%
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:8055 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:8055 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-03-31 51 -88
2018-12-31 58 -40 -91
2018-09-30 57 -63
2018-06-30 53 47 -60
2018-03-31 66 -81
2017-12-31 53 -21 -77
2017-09-30 52 -158
2017-06-30 50 -64 -166
2017-03-31 53 -131
2016-12-31 46 -43 -150
2016-09-30 52 -43
2016-06-30 50 -87 -63

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if China E-Information Technology Group is high growth as no earnings estimate data is available.
  • Unable to determine if China E-Information Technology Group 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:8055 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from China E-Information Technology Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8055 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-03-31 -0.02
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.05
2017-06-30 -0.05
2017-03-31 -0.04
2016-12-31 -0.05
2016-09-30 -0.01
2016-06-30 -0.02

*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 China E-Information Technology Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine China E-Information Technology Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. China E-Information Technology Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Services companies here
  3. China E-Information Technology Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess China E-Information Technology Group'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.
China E-Information Technology Group has a total score of 0/6, 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 China E-Information Technology Group 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 China E-Information Technology Group's growth in the last year to its industry (Consumer Services).
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.
  • China E-Information Technology Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare China E-Information Technology Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare China E-Information Technology Group's 1-year growth to the HK Consumer Services industry average as it is not currently profitable.
Earnings and Revenue History
China E-Information Technology Group'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 China E-Information Technology Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8055 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 51.10 -88.18 55.40
2018-12-31 57.86 -90.84 61.52
2018-09-30 57.21 -62.60 70.92
2018-06-30 53.10 -59.99 72.18
2018-03-31 66.15 -80.90 101.01
2017-12-31 52.76 -76.54 94.24
2017-09-30 52.15 -158.12 114.18
2017-06-30 50.00 -166.25 114.90
2017-03-31 52.70 -131.02 84.06
2016-12-31 46.28 -149.74 77.53
2016-09-30 51.73 -43.25 38.09
2016-06-30 49.96 -62.54 49.38
2016-03-31 44.82 -64.67 45.20
2015-12-31 45.70 -41.88 45.31
2015-09-30 45.92 -84.68 51.91
2015-06-30 45.16 -56.28 34.76
2015-03-31 45.70 -54.04 33.03
2014-12-31 47.47 -56.87 33.14
2014-09-30 45.12 -32.83 31.47
2014-06-30 45.10 -33.81 32.30
2014-03-31 47.70 -31.41 34.61
2013-12-31 47.07 -32.92 34.92
2013-09-30 51.49 -20.99 31.35
2013-06-30 48.72 -26.61 33.14
2013-03-31 43.15 -32.49 33.01
2012-12-31 41.78 -30.40 33.25
2012-09-30 37.60 -40.34 37.95

*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.
  • It is difficult to establish if China E-Information Technology Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if China E-Information Technology Group has efficiently used its assets last year compared to the HK Consumer Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if China E-Information Technology Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess China E-Information Technology Group'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 Consumer Services 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.
China E-Information Technology Group has a total score of 0/6, 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 China E-Information Technology Group'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 China E-Information Technology Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China E-Information Technology Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • China E-Information Technology Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of China E-Information Technology Group'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.
  • Debt is covered by short term assets, assets are 5x debt.
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 China E-Information Technology Group Company Filings, last reported 3 months ago.

SEHK:8055 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 180.31 34.65 98.43
2018-12-31 180.31 34.65 98.43
2018-09-30 248.03 29.09 196.52
2018-06-30 248.03 29.09 196.52
2018-03-31 202.73 24.42 88.61
2017-12-31 202.73 24.42 88.61
2017-09-30
2017-06-30 282.42 0.00 131.18
2017-03-31 153.58 9.40 132.96
2016-12-31 153.58 9.40 132.96
2016-09-30
2016-06-30 162.24 9.10 193.51
2016-03-31 177.71 0.00 219.69
2015-12-31 177.71 0.00 219.69
2015-09-30
2015-06-30 266.39 9.70 296.73
2015-03-31 312.89 9.38 356.62
2014-12-31 312.89 9.38 356.62
2014-09-30
2014-06-30 -31.53 101.43 100.36
2014-03-31 -93.85 180.00 101.60
2013-12-31 -93.85 180.00 101.60
2013-09-30
2013-06-30 -21.84 177.21 104.89
2013-03-31 -22.84 162.61 94.95
2012-12-31 -22.84 162.61 94.95
2012-09-30
  • China E-Information Technology Group's level of debt (19.2%) compared to net worth is satisfactory (less than 40%).
  • China E-Information Technology Group had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
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.

  • China E-Information Technology Group has sufficient cash runway for 2.2 years based on current free cash flow.
  • China E-Information Technology Group has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -54.9% each year.
X
Financial health checks
We assess China E-Information Technology Group'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. China E-Information Technology Group 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 China E-Information Technology Group'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 China E-Information Technology Group dividends.
If you bought HK$2,000 of China E-Information Technology Group 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 China E-Information Technology Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate China E-Information Technology Group'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:8055 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 Consumer Services Industry Average Dividend Yield Market Cap Weighted Average of 19 Stocks 2.3%
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 5.7%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as China E-Information Technology Group has not reported any payouts.
  • Unable to verify if China E-Information Technology Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of China E-Information Technology Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as China E-Information Technology Group 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 China E-Information Technology Group'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 China E-Information Technology Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China E-Information Technology Group 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 China E-Information Technology Group'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.
CEO
Wei Yuan
COMPENSATION HK$4,630,000
AGE 48
TENURE AS CEO 1.2 years
CEO Bio

Mr. Wei Yuan has been Chief Executive Officer of China E-Information Technology Group Ltd since May 3, 2018. He serves as a Compliance Officer at China E-Learning Group Limited since February 14, 2014. Mr. Yuan served as a Manager of Credit Department at Beijing Commercial Bank since 2005 and joined it in 1993 and worked for 12 years. Mr. Yuan then engaged in the finance-related business and has gained many years of experience in the financial and banking sector. Mr. Yuan then engaged in the finance-related business and has gained 21 years of experience in the financial and banking sector. Mr. Yuan is mainly responsible for the strategy formulation of the Company. He has been an Executive Director of China E-Information Technology Group Limited since November 19, 2013. Mr. Yuan received his Associate degree in Heilongjiang Academy of Finance and Management for Comrades and graduated in 1992.

CEO Compensation
  • Wei's compensation has increased whilst company is loss making.
  • Wei's remuneration is higher than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the China E-Information Technology Group management team in years:

1.6
Average Tenure
49.5
Average Age
  • The average tenure for the China E-Information Technology Group management team is less than 2 years, this suggests a new team.
Management Team

Wei Yuan

TITLE
CEO, Executive Director & Compliance Officer
COMPENSATION
HK$5M
AGE
48
TENURE
1.2 yrs

Jianxin Zhang

TITLE
Executive Director
COMPENSATION
HK$600K
AGE
51

Zhijing Zheng

TITLE
Executive Director
COMPENSATION
HK$600K
AGE
57

Yan Lin

TITLE
Executive Director
COMPENSATION
HK$608K
AGE
37

Hiu Pui Wong

TITLE
Executive Director
COMPENSATION
HK$600K
AGE
31

Chi Kong Cheng

TITLE
Chief Technical Officer
AGE
46

Harris Chan

TITLE
Chief Representative of Greater China Region of the Group
AGE
63

Hui Wang

TITLE
Deputy Chief Executive Officer
AGE
53
TENURE
1.2 yrs

Yim Kum Chan

TITLE
Company Secretary
AGE
54
TENURE
2.1 yrs

Xiangjun Li

TITLE
Consultant
COMPENSATION
HK$50K
AGE
47
TENURE
3 yrs
Board of Directors Tenure

Average tenure and age of the China E-Information Technology Group board of directors in years:

2
Average Tenure
49
Average Age
  • The average tenure for the China E-Information Technology Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Wei Yuan

TITLE
CEO, Executive Director & Compliance Officer
COMPENSATION
HK$5M
AGE
48
TENURE
5.7 yrs

Jianxin Zhang

TITLE
Executive Director
COMPENSATION
HK$600K
AGE
51
TENURE
3 yrs

Zhijing Zheng

TITLE
Executive Director
COMPENSATION
HK$600K
AGE
57
TENURE
2.2 yrs

Yan Lin

TITLE
Executive Director
COMPENSATION
HK$608K
AGE
37
TENURE
2.2 yrs

Hiu Pui Wong

TITLE
Executive Director
COMPENSATION
HK$600K
AGE
31
TENURE
1.9 yrs

Jiuda Tang

TITLE
Independent Non-Executive Director
COMPENSATION
HK$70K
AGE
49
TENURE
1.3 yrs

Xiaowei Lu

TITLE
Independent Non-Executive Director
COMPENSATION
HK$100K
AGE
50
TENURE
1.6 yrs

Qingchun Yang

TITLE
Independent Non-Executive Director
COMPENSATION
HK$44K
AGE
49
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess China E-Information Technology Group'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. China E-Information Technology Group 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

How Much Cash Is Left In The Bank For China E-Information Technology Group Limited (HKG:8055)?

Check out our latest analysis for China E-Information Technology Group What is cash burn? … Currently, China E-Information Technology Group has HK$98m in cash holdings and producing negative free cash flow of -HK$44.1m. … One way to measure the cost to China E-Information Technology Group of keeping the business running, is by using free cash flow (which I define as cash flow from operations minus fixed capital investment).

Simply Wall St -

What Type Of Shareholder Owns China E-Information Technology Group Limited's (HKG:8055)?

Check out our latest analysis for China E-Information Technology Group SEHK:8055 Ownership Summary, May 22nd 2019 What Does The Institutional Ownership Tell Us About China E-Information Technology Group? … We can see that China E-Information Technology Group does have institutional investors; and they hold 7.6% of the stock. … Insider Ownership Of China E-Information Technology Group While the precise definition of an insider can be subjective, almost everyone considers board members to be insiders.

Simply Wall St -

If You Had Bought China E-Information Technology Group (HKG:8055) Stock A Year Ago, You'd Be Sitting On A 40% Loss, Today

That downside risk was realized by China E-Information Technology Group Limited (HKG:8055) shareholders over the last year, as the share price declined 40%. … Given that China E-Information Technology Group didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. … In the last year China E-Information Technology Group saw its revenue grow by 9.7%.

Simply Wall St -

How Many China E-Information Technology Group Limited (HKG:8055) Shares Do Institutions Own?

If you want to know who really controls China E-Information Technology Group Limited (HKG:8055), then you'll have to look at the makeup of its share registry. … Institutions often own shares in more established companies, while it's not unusual to see insiders own a fair bit of smaller companies. … China E-Information Technology Group is not a large company by global standards.

Simply Wall St -

What Kind Of Investor Owns Most Of China E-Information Technology Group Limited (HKG:8055)?

The big shareholder groups in China E-Information Technology Group Limited (HKG:8055) have power over the company. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … China E-Information Technology Group is not a large company by global standards.

Simply Wall St -

Who Owns China E-Information Technology Group Limited (HKG:8055)?

In this analysis, my focus will be on developing a perspective on China E-Information Technology Group Limited’s (HKG:8055) latest ownership structure, a less discussed, but important factor. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Check out our latest analysis for China E-Information Technology Group

Simply Wall St -

Company Info

Description

China E-Information Technology Group Limited, an investment holding company, provides occupational education, industry certification courses, skills training, and education consultation services in the People’s Republic of China. The company principally provides an Internet platform for the facilitation of education program in Chinese medicine, and other advisory and training programs. It also offers distance learning program in Chinese medicine. The company was formerly known as China E-Learning Group Limited and changed its name to China E-Information Technology Group Limited in June 2017. China E-Information Technology Group Limited was incorporated in 2001 and is headquartered in Wanchai, Hong Kong.

Details
Name: China E-Information Technology Group Limited
8055
Exchange: SEHK
Founded: 2001
HK$652,725,683
3,751,297,033
Website: http://
Address: China E-Information Technology Group Limited
Office Tower, Convention Plaza,
26th Floor,
Wanchai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8055 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 05. Dec 2001
Number of employees
Current staff
Staff numbers
27
China E-Information Technology Group employees.
Industry
Education Services
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 12:45
End of day share price update: 2019/07/22 00:00
Last earnings filing: 2019/05/10
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


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.