Cinda International Holdings
Market Cap
HK$311.0m
Last Updated
2021/03/04 10:26 UTC
Data Sources
Company Financials
Executive Summary
Cinda International Holdings Limited, an investment holding company, provides asset management services in Hong Kong and Mainland China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Good value with questionable track record.
Share Price & News
How has Cinda International Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 111 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 111's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-4.0%
111
-2.6%
HK Capital Markets
-0.5%
HK Market
1 Year Return
23.1%
111
36.7%
HK Capital Markets
21.5%
HK Market
Return vs Industry: 111 underperformed the Hong Kong Capital Markets industry which returned 36.7% over the past year.
Return vs Market: 111 exceeded the Hong Kong Market which returned 21.5% over the past year.
Shareholder returns
| 111 | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.0% | -2.6% | -0.5% |
| 30 Day | 10.3% | -5.0% | 2.1% |
| 90 Day | 20.0% | 7.9% | 11.9% |
| 1 Year | 23.1%23.1% | 39.8%36.7% | 26.2%21.5% |
| 3 Year | -44.8%-44.8% | 7.9%-0.4% | 6.2%-4.9% |
| 5 Year | -47.8%-47.8% | 30.4%14.4% | 61.7%34.1% |
Long-Term Price Volatility Vs. Market
How volatile is Cinda International Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
What Can We Conclude About Cinda International Holdings' (HKG:111) CEO Pay?5 months ago | Simply Wall St
Does Cinda International Holdings' (HKG:111) CEO Salary Compare Well With The Performance Of The Company?7 months ago | Simply Wall St
Fewer Investors Than Expected Jumping On Cinda International Holdings Limited (HKG:111)Valuation
Is Cinda International Holdings undervalued compared to its fair value and its price relative to the market?
17.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 111 (HK$0.48) is trading below our estimate of fair value (HK$0.58)
Significantly Below Fair Value: 111 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 111 is good value based on its PE Ratio (6.2x) compared to the HK Capital Markets industry average (14.8x).
PE vs Market: 111 is good value based on its PE Ratio (6.2x) compared to the Hong Kong market (12.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 111's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 111 is good value based on its PB Ratio (0.3x) compared to the HK Capital Markets industry average (0.6x).
Next Steps
Future Growth
How is Cinda International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
15.6%
Forecasted Diversified Financials 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 Cinda International 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.
Next Steps
- Examine whether Cinda International Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Cinda International Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
Past Performance
How has Cinda International Holdings performed over the past 5 years?
7.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 111 has high quality earnings.
Growing Profit Margin: 111's current net profit margins (17%) are lower than last year (23.7%).
Past Earnings Growth Analysis
Earnings Trend: 111's earnings have grown by 7.9% per year over the past 5 years.
Accelerating Growth: 111's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 111 had negative earnings growth (-17.7%) over the past year, making it difficult to compare to the Capital Markets industry average (14.1%).
Return on Equity
High ROE: 111's Return on Equity (5.6%) is considered low.
Next Steps
Financial Health
How is Cinda International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 111's short term assets (HK$1.9B) exceed its short term liabilities (HK$893.6M).
Long Term Liabilities: 111's short term assets (HK$1.9B) exceed its long term liabilities (HK$508.6M).
Debt to Equity History and Analysis
Debt Level: 111's debt to equity ratio (108.2%) is considered high.
Reducing Debt: 111's debt to equity ratio has increased from 34.8% to 108.2% over the past 5 years.
Debt Coverage: 111's debt is not well covered by operating cash flow (7.2%).
Interest Coverage: Insufficient data to determine if 111's interest payments on its debt are well covered by EBIT.
Balance Sheet
Next Steps
Dividend
What is Cinda International Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 111's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 111'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 111's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 111's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 111'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?
2.4yrs
Average management tenure
CEO
Zhijian Gong (54 yo)
6.17yrs
Tenure
HK$2,819,000
Compensation
Mr. Gong Zhijian had served as a Deputy Chairman of Cinda International Holdings Limited since October 30, 2018 until December 2018 and has been its Chief Executive Officer since December 12, 2018 and serv...
CEO Compensation Analysis
Compensation vs Market: Zhijian's total compensation ($USD363.43K) is above average for companies of similar size in the Hong Kong market ($USD230.63K).
Compensation vs Earnings: Zhijian's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 2.42yrs | HK$1.09m | no data | |
| Deputy Chairman & CEO | 6.17yrs | HK$2.82m | no data | |
| Deputy CEO | 14yrs | HK$2.47m | no data | |
| Head of Compliance & Internal Audit and Deputy General Manager | no data | no data | no data | |
| Managing Director of the Asset Management Department | no data | no data | no data | |
| Deputy Chief Executive Officer | 2.25yrs | no data | no data |
2.4yrs
Average Tenure
54.5yo
Average Age
Experienced Management: 111's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 2.42yrs | HK$1.09m | no data | |
| Deputy Chairman & CEO | 6.17yrs | HK$2.82m | no data | |
| Deputy CEO | 14yrs | HK$2.47m | no data | |
| Non Executive Director | 12.25yrs | HK$240.00k | no data | |
| Independent Non-Executive Director | 12.25yrs | HK$240.00k | no data | |
| Independent Non-Executive Director | 4.67yrs | HK$240.00k | no data | |
| Independent Non-Executive Director | 4.67yrs | HK$240.00k | no data | |
| Non-Executive Director | 1yr | no data | no data |
4.7yrs
Average Tenure
55yo
Average Age
Experienced Board: 111's board of directors are considered experienced (4.7 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
Cinda International Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Cinda International Holdings Limited
- Ticker: 111
- Exchange: SEHK
- Founded: 2000
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: HK$310.985m
- Shares outstanding: 641.21m
- Website: https://www.cinda.com.hk
Number of Employees
Location
- Cinda International Holdings Limited
- COSCO Tower
- 45th Floor
- Central
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 111 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Aug 2000 |
Biography
Cinda International Holdings Limited, an investment holding company, provides asset management services in Hong Kong and Mainland China. The company operates through Asset Management, Sales and Trading Bus...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/04 10:26 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.