SEHK:8030

Stock Analysis Report

Flying Financial Service Holdings

Executive Summary

Flying Financial Service Holdings Limited, an investment holding company, provides financial services to real estate developers primarily in the People’s Republic of China.

Snowflake

Fundamentals

Good value with adequate balance sheet.

Risks

  • Flying Financial Service Holdings is not covered by any analysts.

Share Price & News

How has Flying Financial Service Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.0%

SEHK:8030

2.4%

HK Consumer Finance

1.9%

HK Market


1 Year Return

-30.7%

SEHK:8030

-29.8%

HK Consumer Finance

-10.4%

HK Market

8030 matched the Consumer Finance industry (-29.8%) over the past year.

8030 underperformed the Market in Hong Kong which returned -10.4% over the past year.


Share holder returns

8030IndustryMarket
7 Day1.0%2.4%1.9%
30 Day0%-7.0%-6.8%
90 Day-1.0%-6.5%-4.2%
1 Year-30.7%-30.7%-28.3%-29.8%-7.2%-10.4%
3 Year-52.8%-55.5%-14.7%-23.8%15.3%3.9%
5 Year18.3%11.5%-24.0%-33.9%10.1%-8.1%

Price Volatility Vs. Market

How volatile is Flying Financial Service Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Flying Financial Service Holdings undervalued based on future cash flows and its price relative to the stock market?

>50%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

Flying Financial Service Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).

Flying Financial Service Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

Flying Financial Service Holdings is overvalued based on earnings compared to the HK Consumer Finance industry average.

Flying Financial Service Holdings is good value based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Flying Financial Service Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Flying Financial Service Holdings is good value based on assets compared to the HK Consumer Finance industry average.


Next Steps

Future Growth

How is Flying Financial Service Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Flying Financial Service Holdings is high growth as no revenue estimate data is available.

Flying Financial Service Holdings's earnings are expected to grow by 5.7% yearly, however this is not considered high growth (20% yearly).

Unable to compare Flying Financial Service Holdings's revenue growth to the Hong Kong market average as no estimate data is available.

Flying Financial Service Holdings's earnings growth is positive but not above the Hong Kong market average.

Flying Financial Service Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Flying Financial Service Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Flying Financial Service Holdings performed over the past 5 years?

44.8%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Flying Financial Service Holdings has delivered over 20% year on year earnings growth in the past 5 years.

Flying Financial Service Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Flying Financial Service Holdings's 1-year earnings growth is negative, it can't be compared to the HK Consumer Finance industry average.


Return on Equity

Flying Financial Service Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Flying Financial Service Holdings used its assets less efficiently than the HK Consumer Finance industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Flying Financial Service Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Flying Financial Service Holdings's financial position?


Financial Position Analysis

Flying Financial Service Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Flying Financial Service Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Flying Financial Service Holdings's level of debt (7.9%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (28.8% vs 7.9% today).

Operating cash flow is negative therefore debt is not well covered.

Unable to confirm if the interest payments on Flying Financial Service Holdings's debt are well covered by earnings due to lack of past financial data.


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 2.6x debt.


Next Steps

Dividend

What is Flying Financial Service Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Flying Financial Service Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Flying Financial Service Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Flying Financial Service Holdings has not reported any payouts.

Unable to verify if Flying Financial Service Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Flying Financial Service Holdings has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Flying Financial Service Holdings's salary, the management and board of directors tenure and is there insider trading?

4.8yrs

Average management tenure


CEO

Weijing Zheng (46yo)

4.8yrs

Tenure

CN¥1,011,000

Compensation

Mr. Weijing Zheng has been Chairman of the Board and Chief Executive Officer of Flying Financial Service Holdings Limited since November 4, 2014 and serves as Compliance Officer. Mr. Zheng co-founded Flyin ...


CEO Compensation Analysis

Weijing's remuneration is lower than average for companies of similar size in Hong Kong.

Weijing's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

4.8yrs

Average Tenure

43.5yo

Average Age

The tenure for the Flying Financial Service Holdings management team is about average.


Board Age and Tenure

4.9yrs

Average Tenure

49yo

Average Age

The tenure for the Flying Financial Service Holdings board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Gongjun Zhang (52yo)

    Executive Director

    • Tenure: 7.7yrs
    • Compensation: CN¥1.04m
  • Weijing Zheng (46yo)

    Co-Founder

    • Tenure: 4.8yrs
    • Compensation: CN¥1.01m
  • Zuohao Peng (49yo)

    Co-Founder

    • Tenure: 13.9yrs
    • Compensation: CN¥487.00k
  • Anthony Yu (34yo)

    Deputy Chief Financial Officer

    • Tenure: 0.0yrs
  • Chanjiao Guo (38yo)

    Executive Director

    • Tenure: 4.2yrs
    • Compensation: CN¥1.39m
  • Chi Wing Chow (41yo)

    CFO & Company Secretary

    • Tenure: 4.1yrs

Board Members

  • Gongjun Zhang (52yo)

    Executive Director

    • Tenure: 7.7yrs
    • Compensation: CN¥1.04m
  • Weijing Zheng (46yo)

    Co-Founder

    • Tenure: 4.8yrs
    • Compensation: CN¥1.01m
  • Vincent Cheng (55yo)

    Independent Non-Executive Director

    • Tenure: 7.7yrs
    • Compensation: CN¥188.00k
  • Vincent Leung (55yo)

    Independent Non-Executive Director

    • Tenure: 5.0yrs
    • Compensation: CN¥188.00k
  • Chanjiao Guo (38yo)

    Executive Director

    • Tenure: 4.2yrs
    • Compensation: CN¥1.39m
  • Bo Miao (40yo)

    Independent Non-Executive Director

    • Tenure: 4.1yrs
    • Compensation: CN¥188.00k

Company Information

Flying Financial Service Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Flying Financial Service Holdings Limited
  • Ticker: 8030
  • Exchange: SEHK
  • Founded: 2001
  • Industry: Consumer Finance
  • Sector: Diversified Financials
  • Market Cap: HK$839.745m
  • Shares outstanding: 1.73b
  • Website: https://www.flyingfinancial.hk

Number of Employees


Location

  • Flying Financial Service Holdings Limited
  • Building 1
  • 18th Floor, Block C
  • Shenzhen
  • Guangdong Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8030SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2012

Biography

Flying Financial Service Holdings Limited, an investment holding company, provides financial services to real estate developers primarily in the People’s Republic of China. It offers short-term and long-te ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 12:50
End of Day Share Price2019/08/23 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.