Hanhua Financial Holding Co., Ltd., together with its subsidiaries, provides integrated financial services in the People’s Republic of China. More Details
Adequate balance sheet and overvalued.
Share Price & News
How has Hanhua Financial Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3903 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 3903's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
7 Day Return
HK Diversified Financial
1 Year Return
HK Diversified Financial
Return vs Industry: 3903 exceeded the Hong Kong Diversified Financial industry which returned 21.9% over the past year.
Return vs Market: 3903 exceeded the Hong Kong Market which returned 8.5% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Hanhua Financial Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StHanhua Financial Holding Co., Ltd.'s (HKG:3903) CEO Will Probably Struggle To See A Pay Rise This Year
2 months ago | Simply Wall StHow Much Of Hanhua Financial Holding Co., Ltd. (HKG:3903) Do Insiders Own?
Is Hanhua Financial Holding undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 3903 (HK$0.62) is trading above our estimate of fair value (HK$0.46)
Significantly Below Fair Value: 3903 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 3903 is poor value based on its PE Ratio (15.7x) compared to the Hong Kong Diversified Financial industry average (9x).
PE vs Market: 3903 is poor value based on its PE Ratio (15.7x) compared to the Hong Kong market (10.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3903's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3903 is good value based on its PB Ratio (0.3x) compared to the HK Diversified Financial industry average (0.6x).
How is Hanhua Financial Holding 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 Hanhua Financial Holding 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 Hanhua Financial Holding performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3903 has high quality earnings.
Growing Profit Margin: 3903's current net profit margins (15.2%) are lower than last year (20.2%).
Past Earnings Growth Analysis
Earnings Trend: 3903's earnings have declined by 3.2% per year over the past 5 years.
Accelerating Growth: 3903's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3903 had negative earnings growth (-37.5%) over the past year, making it difficult to compare to the Diversified Financial industry average (9.7%).
Return on Equity
High ROE: 3903's Return on Equity (2.6%) is considered low.
How is Hanhua Financial Holding's financial position?
Financial Position Analysis
Short Term Liabilities: 3903's short term assets (CN¥11.4B) exceed its short term liabilities (CN¥3.1B).
Long Term Liabilities: 3903's short term assets (CN¥11.4B) exceed its long term liabilities (CN¥3.7B).
Debt to Equity History and Analysis
Debt Level: 3903's debt to equity ratio (65.8%) is considered high.
Reducing Debt: 3903's debt to equity ratio has reduced from 67% to 65.8% over the past 5 years.
Debt Coverage: 3903's debt is well covered by operating cash flow (52.1%).
Interest Coverage: Insufficient data to determine if 3903's interest payments on its debt are well covered by EBIT.
What is Hanhua Financial Holding current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3903's dividend (5.81%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.06%).
High Dividend: 3903's dividend (5.81%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.39%).
Stability and Growth of Payments
Stable Dividend: 3903 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3903 has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (91.3%), 3903's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Weilan Cui (50 yo)
Mr. Weilan Cui is President at Hanhua Financial Holding Co., Ltd. since March 2016 and has been its Executive Director since May 27, 2015. He had been Executive President of Hanhua Financial Holding Co., L...
CEO Compensation Analysis
Compensation vs Market: Weilan's total compensation ($USD479.26K) is above average for companies of similar size in the Hong Kong market ($USD296.23K).
Compensation vs Earnings: Weilan's compensation has been consistent with company performance over the past year.
Experienced Management: 3903's management team is seasoned and experienced (7.3 years average tenure).
Experienced Board: 3903's board of directors are considered experienced (8.3 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hanhua Financial Holding Co., Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Hanhua Financial Holding Co., Ltd.
- Ticker: 3903
- Exchange: SEHK
- Founded: 2004
- Industry: Specialized Finance
- Sector: Diversified Financials
- Market Cap: HK$2.852b
- Shares outstanding: 4.60b
- Website: https://www.hanhua.com
Number of Employees
- Hanhua Financial Holding Co., Ltd.
- Building A
- 1st Floor
Hanhua Financial Holding Co., Ltd., together with its subsidiaries, provides integrated financial services in the People’s Republic of China. It operates through Partnership Finance Business, SME Lending, ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/07/27 16:38|
|End of Day Share Price||2021/07/27 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.