China Financial Services Holdings
Market Cap
HK$487.4m
Last Updated
2020/11/28 10:15 UTC
Data Sources
Company Financials
Executive Summary
China Financial Services Holdings Limited, an investment holding company, provides various financial services in the People’s Republic of China and the United Kingdom. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
Share Price & News
How has China Financial Services Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 605 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 605's weekly volatility (10%) has been stable over the past year.
Market Performance
7 Day Return
3.5%
605
1.5%
HK Consumer Finance
1.5%
HK Market
1 Year Return
-72.6%
605
-1.5%
HK Consumer Finance
11.3%
HK Market
Return vs Industry: 605 underperformed the Hong Kong Consumer Finance industry which returned -1.5% over the past year.
Return vs Market: 605 underperformed the Hong Kong Market which returned 11.5% over the past year.
Shareholder returns
| 605 | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.5% | 1.5% | 1.5% |
| 30 Day | 17.8% | 2.6% | 8.1% |
| 90 Day | -23.2% | -8.8% | 6.0% |
| 1 Year | -72.6%-72.6% | 14.4%-1.5% | 15.9%11.3% |
| 3 Year | -83.2%-83.7% | -28.6%-38.0% | 1.7%-8.9% |
| 5 Year | -74.1%-76.7% | -19.6%-39.1% | 33.3%10.8% |
Long-Term Price Volatility Vs. Market
How volatile is China Financial Services Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
What Type Of Returns Would China Financial Services Holdings'(HKG:605) Shareholders Have Earned If They Purchased Their SharesThree Years Ago?3 months ago | Simply Wall St
How Much Is China Financial Services Holdings Limited (HKG:605) Paying Its CEO?Valuation
Is China Financial Services Holdings undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 605 (HK$0.12) is trading below our estimate of fair value (HK$0.38)
Significantly Below Fair Value: 605 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 605 is good value based on its PE Ratio (4.3x) compared to the HK Consumer Finance industry average (6.2x).
PE vs Market: 605 is good value based on its PE Ratio (4.3x) compared to the Hong Kong market (11.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 605's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 605 is good value based on its PB Ratio (0.1x) compared to the HK Consumer Finance industry average (0.4x).
Next Steps
Future Growth
How is China Financial Services Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
27.4%
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 China Financial Services Holdings 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
- Examine whether China Financial Services Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- China Financial Services Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
Past Performance
How has China Financial Services Holdings performed over the past 5 years?
-14.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 605 has high quality earnings.
Growing Profit Margin: 605's current net profit margins (16.9%) are lower than last year (29.1%).
Past Earnings Growth Analysis
Earnings Trend: 605's earnings have declined by 14.6% per year over the past 5 years.
Accelerating Growth: 605's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 605 had negative earnings growth (-51.8%) over the past year, making it difficult to compare to the Consumer Finance industry average (-19.7%).
Return on Equity
High ROE: 605's Return on Equity (3.4%) is considered low.
Next Steps
Financial Health
How is China Financial Services Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 605's short term assets (HK$4.3B) exceed its short term liabilities (HK$1.3B).
Long Term Liabilities: 605's short term assets (HK$4.3B) exceed its long term liabilities (HK$403.8M).
Debt to Equity History and Analysis
Debt Level: 605's debt to equity ratio (32.8%) is considered satisfactory.
Reducing Debt: 605's debt to equity ratio has reduced from 33.3% to 32.8% over the past 5 years.
Debt Coverage: 605's debt is well covered by operating cash flow (75.7%).
Interest Coverage: 605's interest payments on its debt are well covered by EBIT (3.2x coverage).
Balance Sheet
Next Steps
Dividend
What is China Financial Services Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 605's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 605'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 605's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 605's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 605 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 605'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?
4.0yrs
Average board tenure
CEO
Don Kan (44 yo)
no data
Tenure
Mr. Lap Hung Kan, also known as Don, serves as Chief Executive Officer of Hong Kong Business at China Financial Services Holdings Limited. Mr. Kan is responsible for the daily operations and business devel...
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive VP & Executive Director | 6.5yrs | HK$998.00k | 0.0049% HK$ 23.8k | |
| Independent Non-Executive Director | no data | HK$120.00k | no data | |
| Non-Executive Chairman | 4.17yrs | HK$1.10m | 0.49% HK$ 2.4m | |
| Independent Non-Executive Director | 2.5yrs | HK$120.00k | no data | |
| Independent Non-Executive Director | 4.5yrs | HK$120.00k | no data | |
| Non-Executive Director | 5.17yrs | HK$120.00k | no data | |
| Independent Non-Executive Director | 3.83yrs | HK$120.00k | no data | |
| Non-Executive Director | 2.58yrs | HK$120.00k | no data | |
| Non-Executive Director | 0.25yr | no data | no data |
4.0yrs
Average Tenure
52yo
Average Age
Experienced Board: 605's board of directors are considered experienced (4 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
China Financial Services Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: China Financial Services Holdings Limited
- Ticker: 605
- Exchange: SEHK
- Founded:
- Industry: Consumer Finance
- Sector: Diversified Financials
- Market Cap: HK$487.420m
- Shares outstanding: 4.10b
- Website: https://www.cfsh.com.hk
Number of Employees
Location
- China Financial Services Holdings Limited
- Central Plaza
- 56th Floor
- Wanchai
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 605 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | May 1993 |
Biography
China Financial Services Holdings Limited, an investment holding company, provides various financial services in the People’s Republic of China and the United Kingdom. The company primarily offers short-te...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/28 10:15 |
| End of Day Share Price | 2020/11/27 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.