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3678

Holly Futures SEHK:3678 Stock Report

Last Price

HK$1.31

Market Cap

HK$1.1b

7D

8.3%

1Y

74.7%

Updated

24 Jun, 2022

Data

Company Financials
3678 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance4/6
Financial Health4/6
Dividends0/6

3678 Stock Overview

Holly Futures Co., Ltd. operates as a futures company in Mainland China and Honk Kong.

Holly Futures Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Holly Futures
Historical stock prices
Current Share PriceHK$1.31
52 Week HighHK$1.32
52 Week LowHK$0.72
Beta0.68
1 Month Change15.93%
3 Month Change9.17%
1 Year Change74.67%
3 Year Change9.17%
5 Year Change-20.12%
Change since IPO-33.50%

Recent News & Updates

Shareholder Returns

3678HK Capital MarketsHK Market
7D8.3%3.1%1.2%
1Y74.7%-18.7%-23.3%

Return vs Industry: 3678 exceeded the Hong Kong Capital Markets industry which returned -18.7% over the past year.

Return vs Market: 3678 exceeded the Hong Kong Market which returned -23.3% over the past year.

Price Volatility

Is 3678's price volatile compared to industry and market?
3678 volatility
3678 Average Weekly Movement5.8%
Capital Markets Industry Average Movement7.3%
Market Average Movement7.0%
10% most volatile stocks in HK Market13.7%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 3678 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: 3678's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995659Jianqiu Zhouhttps://www.ftol.com.cn

Holly Futures Co., Ltd. operates as a futures company in Mainland China and Honk Kong. The company primarily offers commodity and financial futures brokerage services; asset management services; futures and securities investment consulting services; and risk management services. It also provides financial assets investment products, including securities, funds, and wealth management products.

Holly Futures Fundamentals Summary

How do Holly Futures's earnings and revenue compare to its market cap?
3678 fundamental statistics
Market CapCN¥951.96m
Earnings (TTM)CN¥80.21m
Revenue (TTM)CN¥1.64b

12.6x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
3678 income statement (TTM)
RevenueCN¥1.64b
Cost of RevenueCN¥1.25b
Gross ProfitCN¥386.03m
Other ExpensesCN¥305.81m
EarningsCN¥80.21m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.088
Gross Margin23.56%
Net Profit Margin4.90%
Debt/Equity Ratio9.0%

How did 3678 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 3678 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3678?

Other financial metrics that can be useful for relative valuation.

3678 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 3678's PE Ratio compare to its peers?

3678 PE Ratio vs Peers
The above table shows the PE ratio for 3678 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average9.1x

Price-To-Earnings vs Peers: 3678 is expensive based on its Price-To-Earnings Ratio (12.6x) compared to the peer average (9.1x).


Price to Earnings Ratio vs Industry

How does 3678's PE Ratio compare vs other companies in the Hong Kong Capital Markets Industry?

Price-To-Earnings vs Industry: 3678 is expensive based on its Price-To-Earnings Ratio (12.6x) compared to the Hong Kong Capital Markets industry average (8x)


Price to Earnings Ratio vs Fair Ratio

What is 3678's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

3678 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3678's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 3678 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 3678 (HK$1.31) is trading above our estimate of fair value (HK$1.17)

Significantly Below Fair Value: 3678 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3678's PEG Ratio to determine if it is good value.


Discover undervalued companies

Future Growth

How is Holly Futures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


15.2%

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 Holly Futures 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.


Discover growth companies

Past Performance

How has Holly Futures performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-10.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 3678 has high quality earnings.

Growing Profit Margin: 3678's current net profit margins (4.9%) are higher than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: 3678's earnings have declined by 10.7% per year over the past 5 years.

Accelerating Growth: 3678's earnings growth over the past year (20.9%) exceeds its 5-year average (-10.7% per year).

Earnings vs Industry: 3678 earnings growth over the past year (20.9%) exceeded the Capital Markets industry 13.6%.


Return on Equity

High ROE: 3678's Return on Equity (4.8%) is considered low.


Discover strong past performing companies

Financial Health

How is Holly Futures's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 3678's short term assets (CN¥8.0B) exceed its short term liabilities (CN¥6.1B).

Long Term Liabilities: 3678's short term assets (CN¥8.0B) exceed its long term liabilities (CN¥285.2M).


Debt to Equity History and Analysis

Debt Level: 3678 has more cash than its total debt.

Reducing Debt: 3678's debt to equity ratio has increased from 0.08% to 9% over the past 5 years.

Debt Coverage: 3678's debt is well covered by operating cash flow (816.5%).

Interest Coverage: Insufficient data to determine if 3678's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

What is Holly Futures's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3678's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3678'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 3678's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3678's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 3678 is not paying a notable dividend for the Hong Kong market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 3678 has not reported any payouts.


Discover strong dividend paying companies

Management

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

4.8yrs

Average management tenure


CEO

Jianqiu Zhou (52 yo)

7.08yrs

Tenure

CN¥736,399

Compensation

Ms. Jianqiu Zhou has been General Manager and Executive Director at Holly Futures Co., Ltd. since May 2015 and June 9, 2015 respectively and also serves as its Chief Financial Officer. Ms. Zhou is primaril...


CEO Compensation Analysis

Compensation vs Market: Jianqiu's total compensation ($USD109.95K) is below average for companies of similar size in the Hong Kong market ($USD232.99K).

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


Leadership Team

Experienced Management: 3678's management team is considered experienced (4.8 years average tenure).


Board Members

Experienced Board: 3678's board of directors are considered experienced (3.6 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

Holly Futures Co., Ltd.'s employee growth, exchange listings and data sources


Key Information

  • Name: Holly Futures Co., Ltd.
  • Ticker: 3678
  • Exchange: SEHK
  • Founded: 1995
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Implied Market Cap: HK$1.116b
  • Shares outstanding: 907.00m
  • Website: https://www.ftol.com.cn

Number of Employees


Location

  • Holly Futures Co., Ltd.
  • Holly Tower
  • No. 50 Zhonghua Road
  • Nanjing
  • Jiangsu Province
  • 210001
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/24 00:00
End of Day Share Price2022/06/24 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.