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
Adequate balance sheet with weak fundamentals.
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.
7 Day Return
HK Diversified Financial
1 Year Return
HK Diversified Financial
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.
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
2 months ago | Simply Wall StWhat Type Of Shareholders Make Up Wealthy Way Group Limited's (HKG:3848) Share Registry?
3 months ago | Simply Wall StCan You Imagine How Wealthy Way Group's (HKG:3848) Shareholders Feel About The 25% Share Price Increase?
5 months ago | Simply Wall StWhat Type Of Shareholders Make Up Wealthy Way Group Limited's (HKG:3848) Share Registry?
Is Wealthy Way Group undervalued compared to its fair value and its price relative to the market?
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).
How is Wealthy Way Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
How has Wealthy Way Group performed over the past 5 years?
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.
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.
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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Wai Ho Lo (50 yo)
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.
Experienced Management: 3848's management team is considered experienced (2.3 years average tenure).
Experienced Board: 3848's board of directors are considered experienced (3.9 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.
Wealthy Way Group Limited's company bio, employee growth, exchange listings and data sources
- 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
- Wealthy Way Group Limited
- China Resources Building
- Room 3402
- Wan Chai
- Hong Kong
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
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/18 10:28|
|End of Day Share Price||2021/05/18 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.