SEHK:922

Stock Analysis Report

Anxian Yuan China Holdings

Executive Summary

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

Snowflake

Fundamentals

Undervalued with adequate balance sheet.

Risks

  • Anxian Yuan China Holdings has significant price volatility in the past 3 months.
  • Anxian Yuan China Holdings is not covered by any analysts.

Share Price & News

How has Anxian Yuan China Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-11.8%

922

0.6%

HK Consumer Services

-0.6%

HK Market


1 Year Return

-45.1%

922

-8.8%

HK Consumer Services

-6.7%

HK Market

922 underperformed the Consumer Services industry which returned -8.8% over the past year.

922 underperformed the Market in Hong Kong which returned -6.7% over the past year.


Share holder returns

922IndustryMarket
7 Day-11.8%0.6%-0.6%
30 Day-14.1%5.1%3.0%
90 Day-27.8%3.8%-4.9%
1 Year-45.1%-45.1%-6.9%-8.8%-3.3%-6.7%
3 Year-81.9%-81.9%3.1%-2.4%15.5%3.7%
5 Year-88.5%-88.5%4.1%-4.3%16.8%-2.7%

Price Volatility Vs. Market

How volatile is Anxian Yuan China Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Anxian Yuan China Holdings undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Anxian Yuan China Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).

Anxian Yuan China Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Anxian Yuan China Holdings is good value based on earnings compared to the HK Consumer Services industry average.

Anxian Yuan China Holdings is good value based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Anxian Yuan China Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Anxian Yuan China Holdings is good value based on assets compared to the HK Consumer Services industry average.


Next Steps

Future Growth

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

32.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Anxian Yuan China Holdings is high growth as no revenue estimate data is available.

Anxian Yuan China Holdings's earnings are expected to grow significantly at over 20% yearly.

Unable to compare Anxian Yuan China Holdings's revenue growth to the Hong Kong market average as no estimate data is available.

Anxian Yuan China Holdings's earnings growth is expected to exceed the Hong Kong market average.

Anxian Yuan China Holdings'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 Anxian Yuan China Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

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

-6.7%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Anxian Yuan China Holdings's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.

Anxian Yuan China Holdings's 1-year earnings growth exceeds its 5-year average (2.1% vs -6.7%)

Anxian Yuan China Holdings's earnings growth has not exceeded the HK Consumer Services industry average in the past year (2.1% vs 11.8%).


Return on Equity

Anxian Yuan China Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Anxian Yuan China Holdings used its assets less efficiently than the HK Consumer Services industry average last year based on Return on Assets.


Return on Capital Employed

Anxian Yuan China Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Anxian Yuan China Holdings's financial position?


Financial Position Analysis

Anxian Yuan China Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Anxian Yuan China Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Anxian Yuan China Holdings's level of debt (32.3%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (27% vs 32.3% today).

Debt is not well covered by operating cash flow (13.4%, less than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 6.9x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 1.3x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Anxian Yuan China Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Anxian Yuan China Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Anxian Yuan China Holdings has not reported any payouts.

Unable to verify if Anxian Yuan China Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Anxian Yuan China 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.


Next Steps

Management

What is the CEO of Anxian Yuan China Holdings's salary, the management and board of directors tenure and is there insider trading?

5.7yrs

Average board tenure


CEO

Jun Shi (37yo)

5.7yrs

Tenure

HK$1,166,000

Compensation

Mr. Shi Jun 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 Anxian ...


CEO Compensation Analysis

Jun's remuneration is lower than average for companies of similar size in Hong Kong.

Jun's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

5.7yrs

Average Tenure

59yo

Average Age

The tenure for the Anxian Yuan China Holdings board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyHK$3,385,50429 Oct 18
Yin Jin
EntityIndividual
Shares10,000,000
Max PriceHK$0.34

Ownership Breakdown


Management Team

  • Fei Shing Law (59yo)

    Deputy CEO

    • Tenure: 10.3yrs
    • Compensation: HK$1.32m
  • Hua Shi (67yo)

    Executive Chairman

    • Tenure: 7.8yrs
    • Compensation: HK$1.85m
  • Jun Shi (37yo)

    CEO & Executive Director

    • Tenure: 5.7yrs
    • Compensation: HK$1.17m

Board Members

  • Fei Shing Law (59yo)

    Deputy CEO

    • Tenure: 10.3yrs
    • Compensation: HK$1.32m
  • Pak Sum Lum (58yo)

    Independent Non-Executive Director

    • Tenure: 2.3yrs
    • Compensation: HK$47.00k
  • Hua Shi (67yo)

    Executive Chairman

    • Tenure: 7.8yrs
    • Compensation: HK$1.85m
  • Jun Shi (37yo)

    CEO & Executive Director

    • Tenure: 5.7yrs
    • Compensation: HK$1.17m
  • Hongjie Wang (65yo)

    Non-Executive Director

    • Tenure: 5.7yrs
    • Compensation: HK$130.00k
  • Koon Chan (61yo)

    Independent Non-Executive Director

    • Tenure: 5.3yrs
    • Compensation: HK$130.00k
  • Hong Yao (59yo)

    Independent Non-Executive Director

    • Tenure: 0.8yrs

Company Information

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


Key Information

  • Name: Anxian Yuan China Holdings Limited
  • Ticker: 922
  • Exchange: SEHK
  • Founded:
  • Industry: Specialized Consumer Services
  • Sector: Consumer Services
  • Market Cap: HK$151.812m
  • Shares outstanding: 740.55m
  • Website: https://www.anxianyuanchina.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
922SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 1999

Biography

Anxian Yuan China Holdings Limited, an investment holding company, engages in cemetery business in Hong Kong and the People’s Republic of China. The company provides cemetery management services and burial ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/19 12:37
End of Day Share Price2019/09/19 00:00
Earnings2019/03/31
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.