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613

Planetree International DevelopmentSEHK:613 Stock Report

Market Cap

HK$499.5m

7D

6.0%

1Y

-56.9%

Updated

17 Oct, 2021

Data

Company Financials
613 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

613 Overview

Planetree International Development Limited, an investment holding company, provides various financial services in Hong Kong.

Price History & Performance

Summary of all time highs, changes and price drops for Planetree International Development
Historical stock prices
Current Share PriceHK$0.53
52 Week HighHK$0.46
52 Week LowHK$1.24
Beta0.63
1 Month Change-3.64%
3 Month Change-11.67%
1 Year Change-56.91%
3 Year Change-74.15%
5 Year Change-59.23%
Change since IPO-71.54%

Recent News & Updates

Apr 29
Why Planetree International Development's (HKG:613) Earnings Are Better Than They Seem

Why Planetree International Development's (HKG:613) Earnings Are Better Than They Seem

Shareholders appeared to be happy with Planetree International Development Limited's ( HKG:613 ) solid earnings report...

Shareholder Returns

613HK Capital MarketsHK Market
7D6.0%-2.9%1.1%
1Y-56.9%3.7%5.3%

Return vs Industry: 613 underperformed the Hong Kong Capital Markets industry which returned 3.7% over the past year.

Return vs Market: 613 underperformed the Hong Kong Market which returned 5.3% over the past year.

Price Volatility

Is 613's price volatile compared to industry and market?
613 volatility
613 Beta0.63
Industry Beta0.85
Market Beta1

Stable Share Price: 613 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 13% a week.

Volatility Over Time: 613's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
199350n/ahttps://www.planetreeintl.com

Planetree International Development Limited, an investment holding company, provides various financial services in Hong Kong. It operates through Financial Services, Credit and Lending Services, Other Financial Services, Property Investment and Leasing, and Tactical and Strategic Investment segments. The Financial Services segment deals in securities and futures contracts; and offers corporate finance and asset management advisory, and margin financing services.

Planetree International Development Fundamentals Summary

How do Planetree International Development's earnings and revenue compare to its market cap?
613 fundamental statistics
Market CapHK$499.54m
Earnings (TTM)HK$127.94m
Revenue (TTM)HK$241.66m

3.9x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
613 income statement (TTM)
RevenueHK$241.66m
Cost of RevenueHK$7.36m
Gross ProfitHK$234.30m
ExpensesHK$106.37m
EarningsHK$127.94m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin96.96%
Net Profit Margin52.94%
Debt/Equity Ratio13.9%

How did 613 perform over the long term?

See historical performance and comparison

Valuation

Is Planetree International Development undervalued compared to its fair value and its price relative to the market?

44.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 613 (HK$0.53) is trading below our estimate of fair value (HK$0.96)

Significantly Below Fair Value: 613 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 613 is good value based on its PE Ratio (3.9x) compared to the Hong Kong Capital Markets industry average (8.5x).

PE vs Market: 613 is good value based on its PE Ratio (3.9x) compared to the Hong Kong market (9.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 613's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 613 is good value based on its PB Ratio (0.3x) compared to the HK Capital Markets industry average (0.7x).


Future Growth

How is Planetree International Development forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.2%

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 Planetree International Development 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 Planetree International Development performed over the past 5 years?

-1.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 613 has a high level of non-cash earnings.

Growing Profit Margin: 613 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 613 has become profitable over the past 5 years, growing earnings by -1.9% per year.

Accelerating Growth: 613 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 613 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Capital Markets industry (52.6%).


Return on Equity

High ROE: 613's Return on Equity (6.5%) is considered low.


Financial Health

How is Planetree International Development's financial position?


Financial Position Analysis

Short Term Liabilities: 613's short term assets (HK$1.5B) exceed its short term liabilities (HK$314.0M).

Long Term Liabilities: 613's short term assets (HK$1.5B) exceed its long term liabilities (HK$8.6M).


Debt to Equity History and Analysis

Debt Level: 613's debt to equity ratio (13.9%) is considered satisfactory.

Reducing Debt: 613's debt to equity ratio has increased from 1% to 13.9% over the past 5 years.

Debt Coverage: 613's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 613 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Planetree International Development current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 613's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 613'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 613's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 613's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 613 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 613'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?

1.5yrs

Average board tenure


CEO

Planetree International Development has no CEO, or we have no data on them.


Board Members

Experienced Board: 613's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.


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

Planetree International Development Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Planetree International Development Limited
  • Ticker: 613
  • Exchange: SEHK
  • Founded: 1993
  • Industry: Investment Banking and Brokerage
  • Sector: Diversified Financials
  • Market Cap: HK$499.540m
  • Shares outstanding: 942.53m
  • Website: https://www.planetreeintl.com

Number of Employees


Location

  • Planetree International Development Limited
  • China United Centre
  • 8th Floor
  • North Point
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/17 10:09
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
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.