China Everbright Limited, through its subsidiaries, engages in the investment activities and provision of financial services in Hong Kong and Mainland China.
China Everbright Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$9.02|
|52 Week High||HK$8.27|
|52 Week Low||HK$12.00|
|1 Month Change||-0.44%|
|3 Month Change||0.22%|
|1 Year Change||-18.74%|
|3 Year Change||-32.79%|
|5 Year Change||-41.20%|
|Change since IPO||211.04%|
Recent News & Updates
China Everbright (HKG:165) Is Increasing Its Dividend To HK$0.28
China Everbright Limited's ( HKG:165 ) dividend will be increasing to HK$0.28 on 8th of October. This will take the...
China Everbright (HKG:165) Is Increasing Its Dividend To HK$0.28
The board of China Everbright Limited ( HKG:165 ) has announced that the dividend on 8th of October will be increased...
|165||HK Capital Markets||HK Market|
Return vs Industry: 165 underperformed the Hong Kong Capital Markets industry which returned 8.8% over the past year.
Return vs Market: 165 underperformed the Hong Kong Market which returned 6.2% over the past year.
Stable Share Price: 165 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 165's weekly volatility (4%) has been stable over the past year.
About the Company
China Everbright Limited, through its subsidiaries, engages in the investment activities and provision of financial services in Hong Kong and Mainland China. The company invests in unlisted equity securities or equity derivatives, as well as in the areas of new economy, artificial intelligence and advanced manufacturing, new energy, medical care and senior healthcare, overseas acquisition and infrastructure, real estate, aircraft industry chain, mezzanine fund, and others. It also focuses on investing in aircraft leasing, artificial intelligence of things, and elderly care industry platforms; and investing in equity, debts, structured products, and other products.
China Everbright Fundamentals Summary
|165 fundamental statistics|
Is 165 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|165 income statement (TTM)|
|Cost of Revenue||HK$1.20b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||1.95|
|Net Profit Margin||54.26%|
How did 165 perform over the long term?See historical performance and comparison
7.0%Current Dividend Yield
Is China Everbright undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 165 (HK$9.02) is trading below our estimate of fair value (HK$21.11)
Significantly Below Fair Value: 165 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 165 is good value based on its PE Ratio (4.6x) compared to the Hong Kong Capital Markets industry average (8.7x).
PE vs Market: 165 is good value based on its PE Ratio (4.6x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 165's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 165 is good value based on its PB Ratio (0.3x) compared to the HK Capital Markets industry average (0.7x).
How is China Everbright forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if 165's forecast earnings growth is above the savings rate (1.5%).
Earnings vs Market: Insufficient data to determine if 165's earnings are forecast to grow faster than the Hong Kong market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 165's revenue (2% per year) is forecast to grow slower than the Hong Kong market (12.6% per year).
High Growth Revenue: 165's revenue (2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 165's Return on Equity is forecast to be low in 3 years time (6.9%).
How has China Everbright performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 165 has high quality earnings.
Growing Profit Margin: 165's current net profit margins (54.3%) are higher than last year (35.4%).
Past Earnings Growth Analysis
Earnings Trend: 165's earnings have declined by 13.5% per year over the past 5 years.
Accelerating Growth: 165's earnings growth over the past year (187.7%) exceeds its 5-year average (-13.5% per year).
Earnings vs Industry: 165 earnings growth over the past year (187.7%) exceeded the Capital Markets industry 52.6%.
Return on Equity
High ROE: 165's Return on Equity (6.7%) is considered low.
How is China Everbright's financial position?
Financial Position Analysis
Short Term Liabilities: 165's short term assets (HK$26.5B) exceed its short term liabilities (HK$20.3B).
Long Term Liabilities: 165's short term assets (HK$26.5B) do not cover its long term liabilities (HK$34.9B).
Debt to Equity History and Analysis
Debt Level: 165's debt to equity ratio (76.5%) is considered high.
Reducing Debt: 165's debt to equity ratio has increased from 38.9% to 76.5% over the past 5 years.
Debt Coverage: 165's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 165's interest payments on its debt are well covered by EBIT (5.1x coverage).
What is China Everbright current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 165's dividend (6.98%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).
High Dividend: 165's dividend (6.98%) is in the top 25% of dividend payers in the Hong Kong market (6.79%)
Stability and Growth of Payments
Stable Dividend: 165's dividend payments have been volatile in the past 10 years.
Growing Dividend: 165's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.4%), 165's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 165's dividends in 3 years are forecast to be well covered by earnings (36.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mingao Zhang (53 yo)
Mr. Mingao Zhang serves as President at China Everbright Limited since March 24, 2021. Mr. Zhang was the General Manager of Asset Management Department of China Everbright Bank Company Limited (“Everbright...
CEO Compensation Analysis
Compensation vs Market: Mingao's total compensation ($USD544.35K) is about average for companies of similar size in the Hong Kong market ($USD528.74K).
Compensation vs Earnings: Mingao's compensation has been consistent with company performance over the past year.
Experienced Management: 165's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.
Experienced Board: 165's board of directors are considered experienced (6.5 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
China Everbright Limited's employee growth, exchange listings and data sources
- Name: China Everbright Limited
- Ticker: 165
- Exchange: SEHK
- Founded: 1972
- Industry: Diversified Capital Markets
- Sector: Diversified Financials
- Market Cap: HK$15.201b
- Shares outstanding: 1.69b
- Website: https://www.everbright.com
Number of Employees
- China Everbright Limited
- Far East Finance Centre
- 46th Floor
- Hong Kong
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:03|
|End of Day Share Price||2021/10/21 00:00|
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.