SEHK:474

Stock Analysis Report

Executive Summary

Hao Tian Development Group Limited, an investment holding company, engages in the financial services, money lending, rental of construction machinery, property investment, and health care businesses in Hong Kong, Macau, the United Kingdom, and the Peoples Republic of China.

Snowflake

Fundamentals

Overvalued with worrying balance sheet.

Share Price & News

How has Hao Tian Development Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

3.4%

474

-0.8%

HK Consumer Finance

0.3%

HK Market


1 Year Return

-12.5%

474

-17.8%

HK Consumer Finance

1.3%

HK Market

Return vs Industry: 474 exceeded the Hong Kong Consumer Finance industry which returned -17.8% over the past year.

Return vs Market: 474 underperformed the Hong Kong Market which returned 1.3% over the past year.


Shareholder returns

474IndustryMarket
7 Day3.4%-0.8%0.3%
30 Day-6.7%-7.4%0.5%
90 Day-14.3%-13.4%-4.6%
1 Year-12.5%-12.5%-15.8%-17.8%4.9%1.3%
3 Year-38.0%-38.0%-27.0%-35.4%15.3%3.7%
5 Year-46.1%-46.1%-20.0%-31.1%20.0%-0.006%

Price Volatility Vs. Market

How volatile is Hao Tian Development Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hao Tian Development Group undervalued compared to its fair value and its price relative to the market?

0.42x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 474's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 474's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 474 is unprofitable, so we can't compare its PE Ratio to the Consumer Finance industry average.

PE vs Market: 474 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 474's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 474 is good value based on its PB Ratio (0.4x) compared to the HK Consumer Finance industry average (0.6x).


Next Steps

Future Growth

How is Hao Tian Development Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-17.0%

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 Hao Tian Development 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.


Next Steps

Past Performance

How has Hao Tian Development Group performed over the past 5 years?

-46.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 474 is unprofitable, and losses have increased over the past 5 years at a rate of -46.2% per year.

Accelerating Growth: Unable to compare 474's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 474 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (-12.6%).


Return on Equity

High ROE: 474 has a negative Return on Equity (-14.97%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 474 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 474 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Hao Tian Development Group's financial position? (This company is analysed differently as a bank or financial institution)


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet

Inventory Level: 474 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 474's debt is covered by short term assets (assets are 1.101000x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 474 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 474 has sufficient cash runway for 1.169192 years if free cash flow continues to grow at historical rates of 7.1% each year.


Financial Institutions Analysis

Asset Level: 474's level of assets compared to its equity is low.

Allowance for Bad Loans: Insufficient data to determine if 474 has a sufficient allowance for bad loans.

Low Risk Liabilities: 474 reports no customer deposits, loans are made up entirely of externally borrowed funds.

Loan Level: Insufficient data to determine if 474 has an acceptable proportion of non-loan assets held.

Low Risk Deposits: 474 has advanced significantly more loans than the customer deposits it holds.

Level of Bad Loans: Insufficient data to determine if 474 has an appropriate level of bad loans.


Next Steps

Dividend

What is Hao Tian Development Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.3%markettop25%6.2%industryaverage6.3%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 474's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 474's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if 474's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 474's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 474 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 474's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

What is the CEO of Hao Tian Development Group's salary, the management and board of directors tenure and is there insider trading?

2.9yrs

Average management tenure


CEO

Hao Tian Development Group has no CEO, or we have no data on them.


Management Age and Tenure

2.9yrs

Average Tenure

49yo

Average Age

Experienced Management: 474's management team is considered experienced (2.9 years average tenure).


Board Age and Tenure

7.3yrs

Average Tenure

47yo

Average Age

Experienced Board: 474's board of directors are considered experienced (7.3 years average tenure).


Insider Trading

Insider Buying: 474 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

BuyHK$27,15209 Oct 19
Shao Yu Li
EntityIndividual
Role
Consultant
Senior Consultant
Shares132,000
Max PriceHK$0.21
BuyHK$46,30709 Oct 19
Shao Yu Li
EntityIndividual
Role
Consultant
Senior Consultant
Shares228,000
Max PriceHK$0.20
BuyHK$254,31008 Oct 19
Shao Yu Li
EntityIndividual
Role
Consultant
Senior Consultant
Shares1,254,000
Max PriceHK$0.20
BuyHK$200,002,62022 Aug 19
Century Golden Resources Investment Group Co., Ltd
EntityCompany
Shares800,000,000
Max PriceHK$0.25
BuyHK$28,432,43820 Aug 19
Shao Yu Li
EntityIndividual
Role
Consultant
Senior Consultant
Shares123,619,300
Max PriceHK$0.23
BuyHK$11,432,36221 Mar 19
Shao Yu Li
EntityIndividual
Role
Consultant
Senior Consultant
Shares49,836,000
Max PriceHK$0.23
BuyHK$80,775,96526 Feb 19
China Animation Characters Company Limited
EntityCompany
Shares372,585,332
Max PriceHK$0.22

Ownership Breakdown


Management Team

  • Eric Fok (42yo)

    CFO & Executive Director

    • Tenure: 6.1yrs
    • Compensation: HK$9.83m
  • Hai Ying Xu (65yo)

    Executive Director

    • Tenure: 7.8yrs
    • Compensation: HK$600.00k
  • Shao Yu Li (49yo)

    Senior Consultant

    • Tenure: 4.1yrs
    • Compensation: HK$14.32m
  • Zhiliang Ou (50yo)

    Executive Director

    • Tenure: 7.3yrs
    • Compensation: HK$650.00k
  • Jovey Chan (42yo)

    General Counsel & Company Secretary

    • Tenure: 0.7yrs
  • Xiaodong Liu (57yo)

    Chief Operating Officer

    • Tenure: 1.1yrs
  • Geoff Law (43yo)

    Group Financial Controller

    • Tenure: 2.9yrs

Board Members

  • Kwan Sing Lam (49yo)

    Independent Non-Executive Director

    • Tenure: 7.2yrs
    • Compensation: HK$180.00k
  • Eric Fok (42yo)

    CFO & Executive Director

    • Tenure: 6.1yrs
    • Compensation: HK$9.83m
  • Jonathan Chan (45yo)

    Independent Non-Executive Director

    • Tenure: 7.6yrs
    • Compensation: HK$180.00k
  • Joshua Lee (45yo)

    Independent Non-Executive Director

    • Tenure: 5.1yrs
    • Compensation: HK$180.00k
  • Hai Ying Xu (65yo)

    Executive Director

    • Tenure: 7.8yrs
    • Compensation: HK$600.00k
  • Zhiliang Ou (50yo)

    Executive Director

    • Tenure: 7.3yrs
    • Compensation: HK$650.00k

Company Information

Hao Tian Development Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hao Tian Development Group Limited
  • Ticker: 474
  • Exchange: SEHK
  • Founded: 2005
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: HK$1.279b
  • Shares outstanding: 6.09b
  • Website: https://www.haotianhk.com

Number of Employees


Location

  • Hao Tian Development Group Limited
  • Sun Hung Kai Centre
  • Rooms 4917-4932
  • Wanchai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
474SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 2006

Biography

Hao Tian Development Group Limited, an investment holding company, engages in the financial services, money lending, rental of construction machinery, property investment, and health care businesses in Hon ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 12:41
End of Day Share Price2019/10/21 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.