SEHK:8181

Stock Analysis Report

Executive Summary

Shi Shi Services Limited, an investment holding company, provides property management services in the People's Republic of China.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Risks

  • Shi Shi Services is not covered by any analysts.

Share Price & News

How has Shi Shi Services's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.6%

SEHK:8181

-1.3%

HK Consumer Services

-0.7%

HK Market


1 Year Return

23.1%

SEHK:8181

-8.4%

HK Consumer Services

-9.8%

HK Market

8181 outperformed the Consumer Services industry which returned -8.4% over the past year.

8181 outperformed the Market in Hong Kong which returned -9.8% over the past year.


Share holder returns

8181IndustryMarket
7 Day-3.6%-1.3%-0.7%
30 Day0%-6.3%-9.3%
90 Day5.3%-7.3%-8.4%
1 Year23.1%23.1%-6.6%-8.4%-6.6%-9.8%
3 Year42.9%42.9%5.1%-0.3%12.8%1.6%
5 Year-21.6%-21.6%0.5%-7.5%7.3%-10.5%

Price Volatility Vs. Market

How volatile is Shi Shi Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Shi Shi Services undervalued based on future cash flows and its price relative to the stock market?

14%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Shi Shi Services's share price is below the future cash flow value, but not at a moderate discount (< 20%).

Shi Shi Services's share price is below the future cash flow value, but not at a substantial discount (< 40%).


Price Based on Earnings

Shi Shi Services is good value based on earnings compared to the HK Consumer Services industry average.

Shi Shi Services is good value based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Shi Shi Services, we can't assess if its growth is good value.


Price Based on Value of Assets

Shi Shi Services is good value based on assets compared to the HK Consumer Services industry average.


Next Steps

Future Growth

How is Shi Shi Services expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

7.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Shi Shi Services is high growth as no revenue estimate data is available.

Shi Shi Services's earnings are expected to grow by 7% yearly, however this is not considered high growth (20% yearly).

Unable to compare Shi Shi Services's revenue growth to the Hong Kong market average as no estimate data is available.

Shi Shi Services's earnings growth is positive but not above the Hong Kong market average.

Shi Shi Services's earnings growth is expected to exceed the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Shi Shi Services will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Shi Shi Services performed over the past 5 years?

55.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Shi Shi Services has delivered over 20% year on year earnings growth in the past 5 years.

Shi Shi Services's 1-year earnings growth is less than its 5-year average (53.6% vs 55.4%)

Shi Shi Services's earnings growth has exceeded the HK Consumer Services industry average in the past year (53.6% vs 12.7%).


Return on Equity

Shi Shi Services has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Shi Shi Services used its assets more efficiently than the HK Consumer Services industry average last year based on Return on Assets.


Return on Capital Employed

Shi Shi Services's use of capital has not improved over the past 3 years (Return on Capital Employed).


Next Steps

Financial Health

How is Shi Shi Services's financial position?


Financial Position Analysis

Shi Shi Services is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Shi Shi Services's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Shi Shi Services's level of debt (4.2%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (36.1% vs 4.2% today).

Debt is well covered by operating cash flow (118.5%, greater than 20% of total debt).

Shi Shi Services earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 22.6x debt.


Next Steps

Dividend

What is Shi Shi Services's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Shi Shi Services's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Shi Shi Services's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Shi Shi Services has not reported any payouts.

Unable to verify if Shi Shi Services's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Shi Shi Services 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.


Next Steps

Management

What is the CEO of Shi Shi Services's salary, the management and board of directors tenure and is there insider trading?

3.2yrs

Average management tenure


CEO

Shi Shi Services has no CEO, or we have no data on them.


Management Age and Tenure

3.2yrs

Average Tenure

54yo

Average Age

The tenure for the Shi Shi Services management team is about average.


Board Age and Tenure

3.7yrs

Average Tenure

50yo

Average Age

The tenure for the Shi Shi Services board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyHK$114,24007 Mar 19
Heng Sheng Capital Limited
EntityCompany
Shares272,000
Max PriceHK$0.42
BuyHK$284,92105 Mar 19
Heng Sheng Capital Limited
EntityCompany
Shares680,000
Max PriceHK$0.42
BuyHK$317,52327 Feb 19
Heng Sheng Capital Limited
EntityCompany
Shares784,000
Max PriceHK$0.41
BuyHK$239,16725 Feb 19
Heng Sheng Capital Limited
EntityCompany
Shares592,000
Max PriceHK$0.40
BuyHK$457,05318 Feb 19
Heng Sheng Capital Limited
EntityCompany
Shares1,104,000
Max PriceHK$0.41
BuyHK$448,89014 Feb 19
Heng Sheng Capital Limited
EntityCompany
Shares1,104,000
Max PriceHK$0.41
BuyHK$294,92308 Jan 19
Heng Sheng Capital Limited
EntityCompany
Shares808,000
Max PriceHK$0.37
BuyHK$297,83905 Jan 19
Heng Sheng Capital Limited
EntityCompany
Shares816,000
Max PriceHK$0.36

Ownership Breakdown


Management Team

  • Eric Todd (57yo)

    Executive Director

    • Compensation: HK$398.00k
  • Vivien Lai (41yo)

    Consultant

    • Tenure: 3.6yrs
    • Compensation: HK$1.25m
  • Ka Kit Chan (41yo)

    Senior Accounting Manager

    • Tenure: 1.3yrs
  • Kam Cheng (52yo)

    Financial Controller

  • Timothy Shen (57yo)

    Consultant

    • Tenure: 3.6yrs
    • Compensation: HK$1.93m
  • Kin Keung Mo (56yo)

    Chief Facility and Property Manager

  • Cyrix Lee (34yo)

    Executive Director

    • Compensation: HK$738.00k
  • Kwong Cho Sheung (39yo)

    Company Secretary

    • Tenure: 2.8yrs
  • Ying Ho (66yo)

    Compliance Officer & Executive Director

    • Compensation: HK$2.23m
  • Ying Ho (66yo)

    • Compensation: HK$1.72m

Board Members

  • Richard Lo (51yo)

    Independent Non-Executive Director

    • Tenure: 3.7yrs
    • Compensation: HK$120.00k
  • Kai Yeung Lam (50yo)

    Independent Non-Executive Director

    • Tenure: 3.8yrs
    • Compensation: HK$120.00k
  • Eric Todd (57yo)

    Executive Director

    • Tenure: 3.0yrs
    • Compensation: HK$398.00k
  • Ying Ho (66yo)

    Compliance Officer & Executive Director

    • Tenure: 7.0yrs
    • Compensation: HK$2.23m
  • Alan Tso (35yo)

    Independent Non-Executive Director

    • Tenure: 4.5yrs
    • Compensation: HK$120.00k
  • Cyrix Lee (34yo)

    Executive Director

    • Tenure: 2.7yrs
    • Compensation: HK$738.00k
  • Liming Huang (43yo)

    Chairman

    • Tenure: 1.4yrs
    • Compensation: HK$926.00k

Company Information

Shi Shi Services Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Shi Shi Services Limited
  • Ticker: 8181
  • Exchange: SEHK
  • Founded: 1984
  • Industry: specialized consumer services
  • Sector: consumer services
  • Market Cap: HK$410.541m
  • Shares outstanding: 1.03b
  • Website: Click here

Number of Employees


Location

  • Shi Shi Services Limited
  • Chung Nam House
  • Unit 1001
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8181SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2013

Biography

Shi Shi Services Limited, an investment holding company, provides property management services in the People's Republic of China. It operates in three segments: Provision of Property Management Services, P ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/17 13:06
End of Day Share Price2019/08/16 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.