SEHK:1131

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Agritrade Resources

Executive Summary

Agritrade Resources Limited, an investment holding company, engages in the mining, exploration, logistics, and sale of coal primarily in Asia.


Snowflake Analysis

Proven track record and fair value.

Share Price & News

How has Agritrade Resources's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1131's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

1131

1.9%

HK Oil and Gas

0.5%

HK Market


1 Year Return

-91.7%

1131

-23.3%

HK Oil and Gas

6.6%

HK Market

Return vs Industry: 1131 underperformed the Hong Kong Oil and Gas industry which returned -23.3% over the past year.

Return vs Market: 1131 underperformed the Hong Kong Market which returned 7.2% over the past year.


Shareholder returns

1131IndustryMarket
7 Day0%1.9%0.5%
30 Day0%1.0%-0.8%
90 Day-40.7%3.5%9.4%
1 Year-91.6%-91.7%-17.8%-23.3%11.0%6.6%
3 Year-82.1%-82.3%-21.0%-33.2%3.2%-7.8%
5 Year-80.4%-80.9%-26.9%-41.0%22.5%1.9%

Price Volatility Vs. Market

How volatile is Agritrade Resources's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Agritrade Resources undervalued compared to its fair value and its price relative to the market?

0.58x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1131 (HK$0.08) is trading above our estimate of fair value (HK$0.05)

Significantly Below Fair Value: 1131 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1131 is good value based on its PE Ratio (0.6x) compared to the HK Oil and Gas industry average (6.2x).

PE vs Market: 1131 is good value based on its PE Ratio (0.6x) compared to the Hong Kong market (10.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1131's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1131 is good value based on its PB Ratio (0.1x) compared to the HK Oil and Gas industry average (0.6x).


Next Steps

Future Growth

How is Agritrade Resources forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

37.1%

Forecasted Energy 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 Agritrade Resources 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 Agritrade Resources performed over the past 5 years?

34.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1131 has a high level of non-cash earnings.

Growing Profit Margin: 1131's current net profit margins (42.3%) are higher than last year (17.5%).


Past Earnings Growth Analysis

Earnings Trend: 1131's earnings have grown significantly by 34.1% per year over the past 5 years.

Accelerating Growth: 1131's earnings growth over the past year (108.5%) exceeds its 5-year average (34.1% per year).

Earnings vs Industry: 1131 earnings growth over the past year (108.5%) exceeded the Oil and Gas industry 1.8%.


Return on Equity

High ROE: 1131's Return on Equity (13.9%) is considered low.


Next Steps

Financial Health

How is Agritrade Resources's financial position?


Financial Position Analysis

Short Term Liabilities: 1131's short term assets (HK$2.7B) exceed its short term liabilities (HK$2.6B).

Long Term Liabilities: 1131's short term assets (HK$2.7B) do not cover its long term liabilities (HK$4.2B).


Debt to Equity History and Analysis

Debt Level: 1131's debt to equity ratio (55.8%) is considered high.

Reducing Debt: 1131's debt to equity ratio has increased from 9.1% to 55.8% over the past 5 years.

Debt Coverage: 1131's debt is not well covered by operating cash flow (1%).

Interest Coverage: 1131's interest payments on its debt are not well covered by EBIT (1.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Agritrade Resources's current dividend yield, its reliability and sustainability?

6.02%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1131's dividend (6.02%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.38%).

High Dividend: 1131's dividend (6.02%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.8%).


Stability and Growth of Payments

Stable Dividend: 1131 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 1131 has only been paying a dividend for 6 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (3.5%), 1131's dividend payments are thoroughly 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

0.5yrs

Average management tenure


CEO

Agritrade Resources has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Peter Park
Chief Operating Officerno datano datano data
Benjamin Chay
Chief Marketing Officer4.58yrsno datano data
Suka Waluya
Head of Mining Operations - PT Senemas Energinbo Mineralno datano datano data
XiangMing Qiu
Managing Director of Sea Oriental Line Pte Ltdno datano datano data
Xiaogang Li
Head of Marine Quality & Safety Department - Sea Oriental Line Pte Ltdno datano datano data
Mingqing Sim
Executive Director0.67yrno datano data
Chu Sern Yew
Executive Director0.42yrno datano data
Kui Tong Wong
Company Secretary0.33yrno datano data
Amy Cheung
General Manager0.58yrno datano data

0.5yrs

Average Tenure

39yo

Average Age

Experienced Management: 1131's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Mingqing Sim
Executive Director0.67yrno datano data
Chu Sern Yew
Executive Director0.42yrno datano data
Kin Wai Siu
Independent Non-Executive Director10yrsHK$150.00kno data
Chun Shing Phen
Independent Non-Executive Director2.67yrsHK$120.00kno data
Jun Goh
Non-Executive Director0.67yrno datano data
Xiang Wen Chang
Independent Non-Executive Director7yrsHK$120.00kno data
Yu Cheng
Independent Non-Executive Director3.67yrsHK$120.00kno data
Kaixin Song
Non-Executive Director0.50yrno datano data
Jia Ong
Non-Executive Director0.50yrno datano data
Shee Koon Chew
Non Executive Director0.42yrno data6.83%
HK$ 36.1m

0.7yrs

Average Tenure

36yo

Average Age

Experienced Board: 1131's board of directors are not considered experienced ( 0.7 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Agritrade Resources Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Agritrade Resources Limited
  • Ticker: 1131
  • Exchange: SEHK
  • Founded: 1991
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: HK$529.082m
  • Shares outstanding: 6.37b
  • Website: https://www.agritraderesources.com

Number of Employees


Location

  • Agritrade Resources Limited
  • Room 1705, Harcourt House
  • 17th Floor
  • Wanchai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1131SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMar 1997
KWN1DB (Deutsche Boerse AG)YesOrdinary SharesDEEURMar 1997
1131SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDMar 1997

Biography

Agritrade Resources Limited, an investment holding company, engages in the mining, exploration, logistics, and sale of coal primarily in Asia. It operates through three segments: Mining, Shipping, and Ener ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/14 02:26
End of Day Share Price2020/06/30 00:00
Earnings2019/09/30
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.