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922

Anxian Yuan China HoldingsSEHK:922 Stock Report

Market Cap

HK$444.3m

7D

-5.7%

1Y

46.0%

Updated

22 Oct, 2021

Data

Company Financials
922 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends3/6

922 Overview

Anxian Yuan China Holdings Limited, an investment holding company, engages in cemetery business in the People’s Republic of China.

Price History & Performance

Summary of all time highs, changes and price drops for Anxian Yuan China Holdings
Historical stock prices
Current Share PriceHK$0.20
52 Week HighHK$0.13
52 Week LowHK$0.27
Beta0.89
1 Month Change-6.54%
3 Month Change-2.91%
1 Year Change45.99%
3 Year Change-47.37%
5 Year Change-80.00%
Change since IPO-99.81%

Recent News & Updates

Jul 20
These 4 Measures Indicate That Anxian Yuan China Holdings (HKG:922) Is Using Debt Safely

These 4 Measures Indicate That Anxian Yuan China Holdings (HKG:922) Is Using Debt Safely

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

May 11
The Return Trends At Anxian Yuan China Holdings (HKG:922) Look Promising

The Return Trends At Anxian Yuan China Holdings (HKG:922) Look Promising

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

922HK Consumer ServicesHK Market
7D-5.7%0.8%2.1%
1Y46.0%-26.3%5.9%

Return vs Industry: 922 exceeded the Hong Kong Consumer Services industry which returned -26.1% over the past year.

Return vs Market: 922 exceeded the Hong Kong Market which returned 5.7% over the past year.

Price Volatility

Is 922's price volatile compared to industry and market?
922 volatility
922 Beta0.89
Industry Beta1.04
Market Beta1

Stable Share Price: 922 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 922's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999376Jun Shihttps://www.anxianyuanchina.com

Anxian Yuan China Holdings Limited, an investment holding company, engages in cemetery business in the People’s Republic of China. It provides funeral and burial services; sells tombs and niches; and operates the Bai Nian Ju building covering an area of approximately 30,000 square meters. The company was formerly known as China Boon Holdings Limited and changed its name to Anxian Yuan China Holdings Limited in July 2013.

Anxian Yuan China Holdings Fundamentals Summary

How do Anxian Yuan China Holdings's earnings and revenue compare to its market cap?
922 fundamental statistics
Market CapHK$444.27m
Earnings (TTM)HK$80.30m
Revenue (TTM)HK$298.74m

5.5x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
922 income statement (TTM)
RevenueHK$298.74m
Cost of RevenueHK$83.83m
Gross ProfitHK$214.91m
ExpensesHK$134.62m
EarningsHK$80.30m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.036
Gross Margin71.94%
Net Profit Margin26.88%
Debt/Equity Ratio13.8%

How did 922 perform over the long term?

See historical performance and comparison

Dividends

10.0%

Current Dividend Yield

41%

Payout Ratio

Valuation

Is Anxian Yuan China Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 922 (HK$0.2) is trading below our estimate of fair value (HK$1.6)

Significantly Below Fair Value: 922 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 922 is good value based on its PE Ratio (5.5x) compared to the Hong Kong Consumer Services industry average (16.2x).

PE vs Market: 922 is good value based on its PE Ratio (5.5x) compared to the Hong Kong market (9.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 922's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 922 is good value based on its PB Ratio (0.5x) compared to the HK Consumer Services industry average (1.5x).


Future Growth

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

21.7%

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 Anxian Yuan China Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Anxian Yuan China Holdings performed over the past 5 years?

49.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 922 has high quality earnings.

Growing Profit Margin: 922's current net profit margins (26.9%) are higher than last year (18.7%).


Past Earnings Growth Analysis

Earnings Trend: 922's earnings have grown significantly by 49.2% per year over the past 5 years.

Accelerating Growth: 922's earnings growth over the past year (49.7%) exceeds its 5-year average (49.2% per year).

Earnings vs Industry: 922 earnings growth over the past year (49.7%) exceeded the Consumer Services industry 1.4%.


Return on Equity

High ROE: 922's Return on Equity (8.7%) is considered low.


Financial Health

How is Anxian Yuan China Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 922's short term assets (HK$541.3M) exceed its short term liabilities (HK$165.3M).

Long Term Liabilities: 922's short term assets (HK$541.3M) exceed its long term liabilities (HK$240.1M).


Debt to Equity History and Analysis

Debt Level: 922's debt to equity ratio (13.8%) is considered satisfactory.

Reducing Debt: 922's debt to equity ratio has reduced from 48.8% to 13.8% over the past 5 years.

Debt Coverage: 922's debt is well covered by operating cash flow (82.4%).

Interest Coverage: 922's interest payments on its debt are well covered by EBIT (218x coverage).


Balance Sheet


Dividend

What is Anxian Yuan China Holdings's current dividend yield, its reliability and sustainability?

10.00%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 922's dividend (10%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.25%).

High Dividend: 922's dividend (10%) is in the top 25% of dividend payers in the Hong Kong market (6.81%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether 922's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 922's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (41.4%), 922's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

0.3yrs

Average management tenure


CEO

Jun Shi (39 yo)

7.75yrs

Tenure

HK$1,443,000

Compensation

Mr. Jun Shi has been the Chief Executive Officer of Anxian Yuan China Holdings Limited since January 23, 2014 and its Executive Director since December 15, 2011. Mr. Shi serves as General Manager of Zhejia...


CEO Compensation Analysis

Compensation vs Market: Jun's total compensation ($USD185.61K) is about average for companies of similar size in the Hong Kong market ($USD228.05K).

Compensation vs Earnings: Jun's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: 922's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: 922's board of directors are considered experienced (7.8 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Anxian Yuan China Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Anxian Yuan China Holdings Limited
  • Ticker: 922
  • Exchange: SEHK
  • Founded: 1999
  • Industry: Specialized Consumer Services
  • Sector: Consumer Services
  • Market Cap: HK$444.273m
  • Shares outstanding: 2.22b
  • Website: https://www.anxianyuanchina.com

Number of Employees


Location

  • Anxian Yuan China Holdings Limited
  • Leighton Centre
  • Room 1215
  • Causeway Bay
  • 999077
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:41
End of Day Share Price2021/10/22 00:00
Earnings2021/03/31
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.