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8181

Shi Shi ServicesSEHK:8181 Stock Report

Market Cap

HK$141.6m

7D

-4.8%

1Y

-32.7%

Updated

26 Oct, 2021

Data

Company Financials
8181 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

8181 Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Shi Shi Services
Historical stock prices
Current Share PriceHK$0.14
52 Week HighHK$0.13
52 Week LowHK$0.27
Beta0.23
1 Month Change-10.97%
3 Month Change-21.59%
1 Year Change-32.68%
3 Year Change-52.41%
5 Year Change-50.71%
Change since IPO-93.10%

Recent News & Updates

Sep 14
These 4 Measures Indicate That Shi Shi Services (HKG:8181) Is Using Debt Reasonably Well

These 4 Measures Indicate That Shi Shi Services (HKG:8181) Is Using Debt Reasonably Well

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Aug 11
Slowing Rates Of Return At Shi Shi Services (HKG:8181) Leave Little Room For Excitement

Slowing Rates Of Return At Shi Shi Services (HKG:8181) Leave Little Room For Excitement

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...

Shareholder Returns

8181HK Consumer ServicesHK Market
7D-4.8%-4.9%0.4%
1Y-32.7%-26.6%6.7%

Return vs Industry: 8181 underperformed the Hong Kong Consumer Services industry which returned -26.6% over the past year.

Return vs Market: 8181 underperformed the Hong Kong Market which returned 6.7% over the past year.

Price Volatility

Is 8181's price volatile compared to industry and market?
8181 volatility
8181 Beta0.23
Industry Beta1.04
Market Beta1

Stable Share Price: 8181 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: 8181's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
19841,857n/ahttps://www.shishiservices.com.hk

Shi Shi Services Limited, an investment holding company, provides property management services in Hong Kong and the People's Republic of China. The company operates in three segments: Provision of Property Management and Related Services, Properties Investment, and Money Lending Business. It offers security, repair and maintenance, cleaning, finance management, and administrative and legal support services to residential properties under the Kong Shum brand name.

Shi Shi Services Fundamentals Summary

How do Shi Shi Services's earnings and revenue compare to its market cap?
8181 fundamental statistics
Market CapHK$141.64m
Earnings (TTM)HK$8.82m
Revenue (TTM)HK$511.24m

16.1x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
8181 income statement (TTM)
RevenueHK$511.24m
Cost of RevenueHK$405.06m
Gross ProfitHK$106.18m
ExpensesHK$97.36m
EarningsHK$8.82m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0086
Gross Margin20.77%
Net Profit Margin1.73%
Debt/Equity Ratio5.9%

How did 8181 perform over the long term?

See historical performance and comparison

Valuation

Is Shi Shi Services undervalued compared to its fair value and its price relative to the market?

44.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 8181 (HK$0.14) is trading below our estimate of fair value (HK$0.25)

Significantly Below Fair Value: 8181 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8181 is poor value based on its PE Ratio (16.1x) compared to the Hong Kong Consumer Services industry average (15.8x).

PE vs Market: 8181 is poor value based on its PE Ratio (16.1x) compared to the Hong Kong market (9.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8181's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8181 is good value based on its PB Ratio (0.4x) compared to the HK Consumer Services industry average (1.5x).


Future Growth

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

21.6%

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 Shi Shi Services 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.


Past Performance

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

12.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8181 has high quality earnings.

Growing Profit Margin: 8181's current net profit margins (1.7%) are lower than last year (2.7%).


Past Earnings Growth Analysis

Earnings Trend: 8181's earnings have grown by 12.5% per year over the past 5 years.

Accelerating Growth: 8181's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8181 had negative earnings growth (-33.6%) over the past year, making it difficult to compare to the Consumer Services industry average (1.4%).


Return on Equity

High ROE: 8181's Return on Equity (2.8%) is considered low.


Financial Health

How is Shi Shi Services's financial position?


Financial Position Analysis

Short Term Liabilities: 8181's short term assets (HK$257.6M) exceed its short term liabilities (HK$94.5M).

Long Term Liabilities: 8181's short term assets (HK$257.6M) exceed its long term liabilities (HK$9.2M).


Debt to Equity History and Analysis

Debt Level: 8181's debt to equity ratio (5.9%) is considered satisfactory.

Reducing Debt: 8181's debt to equity ratio has reduced from 9.7% to 5.9% over the past 5 years.

Debt Coverage: 8181's debt is well covered by operating cash flow (211.5%).

Interest Coverage: 8181 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8181's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8181'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 8181's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8181's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 8181 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8181's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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

5.0yrs

Average management tenure


CEO

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


Leadership Team

Experienced Management: 8181's management team is seasoned and experienced (5 years average tenure).


Board Members

Experienced Board: 8181's board of directors are considered experienced (5.3 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

Shi Shi Services Limited's 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$141.637m
  • Shares outstanding: 1.03b
  • Website: https://www.shishiservices.com.hk

Number of Employees


Location

  • Shi Shi Services Limited
  • Haleson Building
  • Unit 903
  • Central
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:28
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.