SEHK:1393

Stock Analysis Report

Hidili Industry International Development

Executive Summary

Hidili Industry International Development Limited, an investment holding company, engages in the coal mining, and manufacture and sale of raw coal and clean coal in the People’s Republic of China.

Snowflake

Fundamentals

Mediocre balance sheet and slightly overvalued.

Share Price & News

How has Hidili Industry International Development's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

5.0%

1393

2.3%

HK Oil and Gas

3.3%

HK Market


1 Year Return

1.6%

1393

-25.1%

HK Oil and Gas

1.6%

HK Market

Return vs Industry: 1393 exceeded the Hong Kong Oil and Gas industry which returned -25.1% over the past year.

Return vs Market: 1393 exceeded the Hong Kong Market which returned 1.6% over the past year.


Shareholder returns

1393IndustryMarket
7 Day5.0%2.3%3.3%
30 Day10.5%-5.4%-0.009%
90 Day10.5%-6.7%-5.1%
1 Year1.6%1.6%-20.8%-25.1%5.3%1.6%
3 Yearn/a-1.6%-15.6%16.1%4.4%
5 Year-62.5%-62.5%-28.4%-41.2%20.4%0.3%

Price Volatility Vs. Market

How volatile is Hidili Industry International Development's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Undervalued: 1393 (HK$0.32) is trading below our estimate of fair value (HK$8.26)

Significantly Undervalued: 1393 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1393 is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.

PE vs Market: 1393 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 1393's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1393 is overvalued based on its PB Ratio (0.9x) compared to the HK Oil and Gas industry average (0.8x).


Next Steps

Future Growth

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

5.7%

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 Hidili Industry 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.


Next Steps

Past Performance

How has Hidili Industry International Development performed over the past 5 years?

18.5%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 1393 is unprofitable, but has reduced losses over the past 5 years at a rate of 18.5% per year.

Accelerating Growth: Unable to compare 1393's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1393 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (12.6%).


Return on Equity

High ROE: 1393 has a negative Return on Equity (-64.42%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 1393 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 1393 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Hidili Industry International Development's financial position?


Financial Position Analysis

Short Term Liabilities: 1393's short term assets (CN¥946.3M) do not cover its short term liabilities (CN¥10.0B)

Long Term Liabilities: 1393's short term assets (946.3M) exceeds its long term liabilities (25.0M)


Debt to Equity History and Analysis

Debt Level: 1393's debt to equity ratio (1015.4%) is considered high

Reducing Debt: 1393's debt to equity ratio has increased from 127% to 1015.4% over the past 5 years.


Balance Sheet

Inventory Level: 1393 has a high level of physical assets or inventory.

Debt Coverage by Assets: 1393's debt is not covered by short term assets (assets are 0.1x 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: Whilst unprofitable 1393 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 1393 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 128.6% per year.


Next Steps

Dividend

What is Hidili Industry International Development's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.3%markettop25%6.3%industryaverage6.1%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 1393's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1393'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 1393's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1393's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1393 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 1393'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 Hidili Industry International Development's salary, the management and board of directors tenure and is there insider trading?

3.8yrs

Average board tenure


CEO

Jiankun Sun (56yo)

6.2yrs

Tenure

CN¥308,000

Compensation

Mr. Jiankun Sun has been Chief Executive Officer of Hidili Industry International Development Ltd. since August 27, 2013. Mr. Sun served as Administration President at Hidili Industry International Develop ...


CEO Compensation Analysis

Compensation vs. Market: Insufficient data to establish whether Jiankun's total compensation is reasonable compared to companies of similar size in the Hong Kong market.

Compensation vs Earnings: Jiankun's compensation has been consistent with company performance over the past year.


Board Age and Tenure

3.8yrs

Average Tenure

54.5yo

Average Age

Experienced Board: 1393's board of directors are considered experienced (3.8 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Lai Kuen Chu (51yo)

    CFO & Company Secretary

    • Tenure: 11yrs
  • Yang Xian (46yo)

    Founder & Executive Chairman

    • Tenure: 0yrs
    • Compensation: CN¥780.00k
  • Xianwei Zhuang (49yo)

    GM of Coal Mines & Executive Director

    • Tenure: 3.8yrs
    • Compensation: CN¥357.00k
  • Jiankun Sun (56yo)

    CEO & Executive Director

    • Tenure: 6.2yrs
    • Compensation: CN¥308.00k

Board Members

  • Sammy Chan (55yo)

    Independent Non-Executive Director

    • Tenure: 0.4yrs
  • Yang Xian (46yo)

    Founder & Executive Chairman

    • Tenure: 0yrs
    • Compensation: CN¥780.00k
  • Xianwei Zhuang (49yo)

    GM of Coal Mines & Executive Director

    • Tenure: 3.8yrs
    • Compensation: CN¥357.00k
  • Rongsheng Huang (73yo)

    Independent Non-Executive Director

    • Tenure: 12.3yrs
    • Compensation: CN¥200.00k
  • Jiankun Sun (56yo)

    CEO & Executive Director

    • Tenure: 6.2yrs
    • Compensation: CN¥308.00k
  • Manzhen Xu (54yo)

    Independent Non-Executive Director

    • Tenure: 3.8yrs
    • Compensation: CN¥200.00k

Company Information

Hidili Industry International Development Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hidili Industry International Development Limited
  • Ticker: 1393
  • Exchange: SEHK
  • Founded: 2006
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: HK$634.136m
  • Shares outstanding: 2.05b
  • Website: https://www.hidili.com.cn

Number of Employees


Location

  • Hidili Industry International Development Limited
  • Dingli Mansion
  • 16th Floor
  • Panzhihua
  • Sichuan Province
  • 617000
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1393SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDSep 2007
3H3DB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 2007

Biography

Hidili Industry International Development Limited, an investment holding company, engages in the coal mining, and manufacture and sale of raw coal and clean coal in the People’s Republic of China. It also  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/17 12:42
End of Day Share Price2019/10/17 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.