Haitong Unitrust International Financial Leasing Co., Ltd., through its subsidiaries, operates as a financial leasing company in the People’s Republic of China.
Haitong Unitrust International Financial Leasing Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$1.14|
|52 Week High||HK$1.06|
|52 Week Low||HK$1.82|
|1 Month Change||-8.80%|
|3 Month Change||-8.07%|
|1 Year Change||-3.39%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-39.36%|
Recent News & Updates
|1905||HK Diversified Financial||HK Market|
Return vs Industry: 1905 underperformed the Hong Kong Diversified Financial industry which returned 26.7% over the past year.
Return vs Market: 1905 underperformed the Hong Kong Market which returned 7.3% over the past year.
Stable Share Price: 1905 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 1905's weekly volatility (8%) has been stable over the past year.
About the Company
Haitong Unitrust International Financial Leasing Co., Ltd., through its subsidiaries, operates as a financial leasing company in the People’s Republic of China. It offers operating leasing services, factoring receivables, entrusted loans, and other loans, as well as advisory services; commercial and passenger vehicle leasing services; and aircraft leasing services. The company also engages in financing of aircraft related business; and government outsourcing and PPP project management businesses.
Haitong Unitrust International Financial Leasing Fundamentals Summary
|1905 fundamental statistics|
Is 1905 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1905 income statement (TTM)|
|Cost of Revenue||CN¥0|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.14|
|Net Profit Margin||37.33%|
How did 1905 perform over the long term?See historical performance and comparison
3.2%Current Dividend Yield
Does 1905 pay a reliable dividends?See 1905 dividend history and benchmarks
|Haitong Unitrust International Financial Leasing dividend dates|
|Ex Dividend Date||Nov 10 2021|
|Dividend Pay Date||Dec 20 2021|
|Days until Ex dividend||54 days|
|Days until Dividend pay date||94 days|
Does 1905 pay a reliable dividends?See 1905 dividend history and benchmarks
Is Haitong Unitrust International Financial Leasing 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: 1905 (HK$1.14) is trading below our estimate of fair value (HK$3.04)
Significantly Below Fair Value: 1905 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1905's PE Ratio (7x) is in line with the Hong Kong Diversified Financial industry average.
PE vs Market: 1905 is good value based on its PE Ratio (7x) compared to the Hong Kong market (10.2x).
Price to Earnings Growth Ratio
PEG Ratio: 1905 is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: 1905's PB Ratio (0.5x) is in line with the HK Diversified Financial industry average.
How is Haitong Unitrust International Financial Leasing forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1905's forecast earnings growth (14.2% per year) is above the savings rate (1.5%).
Earnings vs Market: 1905's earnings (14.2% per year) are forecast to grow slower than the Hong Kong market (17.1% per year).
High Growth Earnings: 1905's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1905's revenue (23.1% per year) is forecast to grow faster than the Hong Kong market (12.2% per year).
High Growth Revenue: 1905's revenue (23.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1905's Return on Equity is forecast to be low in 3 years time (9.1%).
How has Haitong Unitrust International Financial Leasing performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1905 has high quality earnings.
Growing Profit Margin: 1905's current net profit margins (37.3%) are lower than last year (42.2%).
Past Earnings Growth Analysis
Earnings Trend: 1905's earnings have grown by 6.9% per year over the past 5 years.
Accelerating Growth: 1905's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1905 had negative earnings growth (-6.4%) over the past year, making it difficult to compare to the Diversified Financial industry average (8%).
Return on Equity
High ROE: 1905's Return on Equity (7.1%) is considered low.
How is Haitong Unitrust International Financial Leasing's financial position?
Financial Position Analysis
Short Term Liabilities: 1905's short term assets (CN¥78.6B) exceed its short term liabilities (CN¥50.3B).
Long Term Liabilities: 1905's short term assets (CN¥78.6B) exceed its long term liabilities (CN¥43.9B).
Debt to Equity History and Analysis
Debt Level: 1905's debt to equity ratio (469.2%) is considered high.
Reducing Debt: 1905's debt to equity ratio has increased from 318.2% to 469.2% over the past 5 years.
Debt Coverage: 1905's debt is not well covered by operating cash flow (0.08%).
Interest Coverage: Insufficient data to determine if 1905's interest payments on its debt are well covered by EBIT.
What is Haitong Unitrust International Financial Leasing current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 1905's dividend (3.18%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.21%).
High Dividend: 1905's dividend (3.18%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.67%).
Stability and Growth of Payments
Stable Dividend: 1905 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1905 has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.6%), 1905's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1905's dividends in 3 years are forecast to be well covered by earnings (25% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Xueqing Ding (57 yo)
Mr. Xueqing Ding is Chairman at Haitong Unitrust International Financial Leasing Co., Ltd. He has been Executive Director at Haitong Unitrust International Financial Leasing Co., Ltd. since November 2014 a...
CEO Compensation Analysis
Compensation vs Market: Xueqing's total compensation ($USD1.05M) is above average for companies of similar size in the Hong Kong market ($USD613.53K).
Compensation vs Earnings: Xueqing's compensation has been consistent with company performance over the past year.
Experienced Management: 1905's management team is seasoned and experienced (6.8 years average tenure).
Experienced Board: 1905's board of directors are considered experienced (4.3 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Haitong Unitrust International Financial Leasing Co., Ltd.'s employee growth, exchange listings and data sources
- Name: Haitong Unitrust International Financial Leasing Co., Ltd.
- Ticker: 1905
- Exchange: SEHK
- Founded: 2004
- Industry: Specialized Finance
- Sector: Diversified Financials
- Market Cap: HK$9.388b
- Shares outstanding: 8.24b
- Website: https://www.utfinancing.com
Number of Employees
- Haitong Unitrust International Financial Leasing Co., Ltd.
- Haitong Unitrust Tower
- No. 599 South Zhongshan Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 15:35|
|End of Day Share Price||2021/09/16 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.