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Market Cap

HK$1.1b

Last Updated

2021/05/18 10:28 UTC

Data Sources

Company Financials

Executive Summary

Wealthy Way Group Limited, an investment holding company, provides financial leasing, factoring, and advisory services to individual and companies in the People's Republic of China and Hong Kong. More Details


Snowflake Analysis

Adequate balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Wealthy Way Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3848 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 3848's weekly volatility (2%) has been stable over the past year.


Market Performance


7 Day Return

0%

3848

-2.1%

HK Diversified Financial

-1.3%

HK Market


1 Year Return

7.4%

3848

28.8%

HK Diversified Financial

24.5%

HK Market

Return vs Industry: 3848 underperformed the Hong Kong Diversified Financial industry which returned 28.8% over the past year.

Return vs Market: 3848 underperformed the Hong Kong Market which returned 24.5% over the past year.


Shareholder returns

3848IndustryMarket
7 Day0%-2.1%-1.3%
30 Day2.0%0.9%-2.4%
90 Day-3.5%-1.6%-8.6%
1 Year8.2%7.4%35.7%28.8%29.2%24.5%
3 Year8.3%7.1%-5.0%-15.1%0.9%-9.6%
5 Yearn/a-15.4%-24.5%59.3%32.4%

Long-Term Price Volatility Vs. Market

How volatile is Wealthy Way Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Wealthy Way Group undervalued compared to its fair value and its price relative to the market?

1.82x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 3848 (HK$7.1) is trading above our estimate of fair value (HK$1.67)

Significantly Below Fair Value: 3848 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 3848 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Diversified Financial industry average.

PE vs Market: 3848 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3848's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3848 is overvalued based on its PB Ratio (1.8x) compared to the HK Diversified Financial industry average (0.6x).


Future Growth

How is Wealthy Way Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.5%

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 Wealthy Way Group 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.


Past Performance

How has Wealthy Way Group performed over the past 5 years?

-33.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3848 is currently unprofitable.

Growing Profit Margin: 3848 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 3848 is unprofitable, and losses have increased over the past 5 years at a rate of 33.9% per year.

Accelerating Growth: Unable to compare 3848's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 3848 is unprofitable, making it difficult to compare its past year earnings growth to the Diversified Financial industry (8.1%).


Return on Equity

High ROE: 3848 has a negative Return on Equity (-15.85%), as it is currently unprofitable.


Financial Health

How is Wealthy Way Group's financial position?


Financial Position Analysis

Short Term Liabilities: 3848's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥531.0M).

Long Term Liabilities: 3848's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥164.1M).


Debt to Equity History and Analysis

Debt Level: 3848's debt to equity ratio (90.6%) is considered high.

Reducing Debt: 3848's debt to equity ratio has reduced from 126.1% to 90.6% over the past 5 years.

Debt Coverage: 3848's debt is well covered by operating cash flow (85.4%).

Interest Coverage: Insufficient data to determine if 3848's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Wealthy Way Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3848's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3848'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 3848's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3848's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 3848 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 3848'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?

2.3yrs

Average management tenure


CEO

Wai Ho Lo (50 yo)

no data

Tenure

CN¥545,000

Compensation

Mr. Wai Ho Lo is the Founder of Wealthy Way Group Limited in 2012 and serves as its Chief Executive Officer. Mr. Lo is mainly responsible for the overall strategic planning and management of Wealthy Way Gr...


CEO Compensation Analysis

Compensation vs Market: Wai Ho's total compensation ($USD84.64K) is below average for companies of similar size in the Hong Kong market ($USD229.95K).

Compensation vs Earnings: Wai Ho's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: 3848's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: 3848's board of directors are considered experienced (3.9 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

Wealthy Way Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wealthy Way Group Limited
  • Ticker: 3848
  • Exchange: SEHK
  • Founded: 2012
  • Industry: Specialized Finance
  • Sector: Diversified Financials
  • Market Cap: HK$1.104b
  • Shares outstanding: 155.52m
  • Website: https://www.cwl.com

Number of Employees


Location

  • Wealthy Way Group Limited
  • China Resources Building
  • Room 3402
  • Wan Chai
  • Hong Kong

Listings


Biography

Wealthy Way Group Limited, an investment holding company, provides financial leasing, factoring, and advisory services to individual and companies in the People's Republic of China and Hong Kong. The compa...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/18 10:28
End of Day Share Price2021/05/18 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.