Loading...

Southern Energy Holdings Group

SEHK:1573
Snowflake Description

Excellent balance sheet with questionable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1573
SEHK
HK$12B
Market Cap
  1. Home
  2. HK
  3. Energy
Company description

Southern Energy Holdings Group Limited produces and sells anthracite coal. The last earnings update was 28 days ago. More info.


Add to Portfolio Compare Print
  • Southern Energy Holdings Group has significant price volatility in the past 3 months.
1573 Share Price and Events
7 Day Returns
-0.7%
SEHK:1573
0.2%
HK Oil and Gas
-2.2%
HK Market
1 Year Returns
121.9%
SEHK:1573
-20.3%
HK Oil and Gas
-15.4%
HK Market
1573 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Southern Energy Holdings Group (1573) -0.7% 25% 64.7% 121.9% - -
HK Oil and Gas 0.2% -8.7% -12.5% -20.3% 4.5% -35.5%
HK Market -2.2% -9.5% -6% -15.4% 22% 6.7%
1 Year Return vs Industry and Market
  • 1573 outperformed the Oil and Gas industry which returned -20.3% over the past year.
  • 1573 outperformed the Market in Hong Kong which returned -15.4% over the past year.
Price Volatility
1573
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Southern Energy Holdings Group's competitors could be found in our database.

1573 Value

 Is Southern Energy Holdings Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Southern Energy Holdings Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Southern Energy Holdings Group.

SEHK:1573 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 7.7%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:1573
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.917 (1 + (1- 25%) (2.1%))
0.954
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.95
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (0.954 * 5.96%)
7.69%

Discounted Cash Flow Calculation for SEHK:1573 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Southern Energy Holdings Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:1573 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 7.69%)
2019 168.30 Est @ -4.96% 156.28
2020 163.48 Est @ -2.87% 140.96
2021 161.18 Est @ -1.41% 129.05
2022 160.56 Est @ -0.38% 119.37
2023 161.09 Est @ 0.33% 111.22
2024 162.43 Est @ 0.83% 104.13
2025 164.36 Est @ 1.18% 97.84
2026 166.71 Est @ 1.43% 92.15
2027 169.38 Est @ 1.6% 86.94
2028 172.30 Est @ 1.72% 82.12
Present value of next 10 years cash flows CN¥1,120.08
SEHK:1573 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CN¥172.30 × (1 + 2%) ÷ (7.69% – 2%)
CN¥3,089.62
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥3,089.62 ÷ (1 + 7.69%)10
CN¥1,472.65
SEHK:1573 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥1,120.08 + CN¥1,472.65
CN¥2,592.74
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥2,592.74 / 718.00
CN¥3.61
SEHK:1573 Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:1573)
1.137
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥3.61 x 1.137
HK$4.1
Value per share (HKD) From above. HK$4.10
Current discount Discount to share price of HK$17.00
= -1 x (HK$17.00 - HK$4.10) / HK$4.10
-314.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Southern Energy Holdings Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Southern Energy Holdings Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Southern Energy Holdings Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1573 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥0.29
SEHK:1573 Share Price ** SEHK (2019-05-23) in HKD HK$17
SEHK:1573 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.88 CN¥14.96
Hong Kong Oil and Gas Industry PE Ratio Median Figure of 28 Publicly-Listed Oil and Gas Companies 10.34x
Hong Kong Market PE Ratio Median Figure of 1,478 Publicly-Listed Companies 11.07x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Southern Energy Holdings Group.

SEHK:1573 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1573 Share Price ÷ EPS (both in CNY)

= 14.96 ÷ 0.29

52.05x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Southern Energy Holdings Group is overvalued based on earnings compared to the HK Oil and Gas industry average.
  • Southern Energy Holdings Group is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Southern Energy Holdings Group's expected growth come at a high price?
Raw Data
SEHK:1573 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 52.05x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
3.8%per year
Hong Kong Oil and Gas Industry PEG Ratio Median Figure of 11 Publicly-Listed Oil and Gas Companies 0.79x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.79x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Southern Energy Holdings Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Southern Energy Holdings Group's assets?
Raw Data
SEHK:1573 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥1.66
SEHK:1573 Share Price * SEHK (2019-05-23) in HKD HK$17
SEHK:1573 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.88 CN¥14.96
Hong Kong Oil and Gas Industry PB Ratio Median Figure of 45 Publicly-Listed Oil and Gas Companies 0.92x
Hong Kong Market PB Ratio Median Figure of 2,157 Publicly-Listed Companies 0.97x
SEHK:1573 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1573 Share Price ÷ Book Value per Share (both in CNY)

= 14.96 ÷ 1.66

9.03x

* Primary Listing of Southern Energy Holdings Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Southern Energy Holdings Group is overvalued based on assets compared to the HK Oil and Gas industry average.
X
Value checks
We assess Southern Energy Holdings Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Oil and Gas industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Oil and Gas industry average (and greater than 0)? (1 check)
  5. Southern Energy Holdings Group has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

1573 Future Performance

 How is Southern Energy Holdings Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Southern Energy Holdings Group, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
3.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Southern Energy Holdings Group expected to grow at an attractive rate?
  • Southern Energy Holdings Group's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Southern Energy Holdings Group's earnings growth is positive but not above the Hong Kong market average.
  • Unable to compare Southern Energy Holdings Group's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1573 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:1573 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 3.8%
Hong Kong Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 6.7%
Hong Kong Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 3.1%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.4%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1573 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1573 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 641 273 206
2018-09-30 642 284 219
2018-06-30 643 295 231
2018-03-31 642 315 231
2017-12-31 642 334 230
2017-09-30 673 351 238
2017-06-30 703 369 247
2017-03-31 697 341 230
2016-12-31 691 313 214
2016-09-30 642 300 198
2016-06-30 594 287 182
2016-03-31 540 260 171

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Southern Energy Holdings Group's earnings are expected to grow by 3.8% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Southern Energy Holdings Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1573 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Southern Energy Holdings Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1573 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 0.29
2018-09-30 0.30
2018-06-30 0.32
2018-03-31 0.32
2017-12-31 0.32
2017-09-30 0.33
2017-06-30 0.35
2017-03-31 0.34
2016-12-31 0.33
2016-09-30 0.32
2016-06-30 0.30
2016-03-31 0.29

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Southern Energy Holdings Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Southern Energy Holdings Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Southern Energy Holdings Group has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

1573 Past Performance

  How has Southern Energy Holdings Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Southern Energy Holdings Group's growth in the last year to its industry (Oil and Gas).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Southern Energy Holdings Group's year on year earnings growth rate has been positive over the past 5 years.
  • Southern Energy Holdings Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Southern Energy Holdings Group's 1-year earnings growth is negative, it can't be compared to the HK Oil and Gas industry average.
Earnings and Revenue History
Southern Energy Holdings Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Southern Energy Holdings Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1573 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 641.19 206.32 30.69
2018-09-30 641.86 218.63 29.70
2018-06-30 642.54 230.95 28.71
2018-03-31 642.48 230.51 29.36
2017-12-31 642.43 230.07 30.01
2017-09-30 672.81 238.45 29.09
2017-06-30 703.18 246.83 28.18
2017-03-31 697.09 230.29 27.25
2016-12-31 691.00 213.74 26.31
2016-09-30 642.38 197.88 23.90
2016-06-30 593.76 182.03 21.49
2016-03-31 539.89 171.25 19.90
2015-12-31 486.02 160.47 18.31
2014-12-31 378.85 144.48 14.84
2013-12-31 190.78 71.77 12.28

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Southern Energy Holdings Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Southern Energy Holdings Group used its assets more efficiently than the HK Oil and Gas industry average last year based on Return on Assets.
  • Southern Energy Holdings Group's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Southern Energy Holdings Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Oil and Gas industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Southern Energy Holdings Group has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

1573 Health

 How is Southern Energy Holdings Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Southern Energy Holdings Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Southern Energy Holdings Group's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Southern Energy Holdings Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Southern Energy Holdings Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Southern Energy Holdings Group Company Filings, last reported 4 months ago.

SEHK:1573 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,189.82 229.36 191.04
2018-09-30 1,189.82 229.36 191.04
2018-06-30 1,093.94 300.51 204.16
2018-03-31 1,093.94 300.51 204.16
2017-12-31 983.50 371.66 281.13
2017-09-30 983.50 371.66 281.13
2017-06-30 863.00 442.81 304.70
2017-03-31 863.00 442.81 304.70
2016-12-31 753.43 603.96 293.92
2016-09-30 753.43 603.96 293.92
2016-06-30 447.29 675.11 36.17
2016-03-31 447.29 675.11 36.17
2015-12-31 405.18 752.26 33.79
2014-12-31 247.71 900.62 39.15
2013-12-31 103.23 809.28 32.88
  • Southern Energy Holdings Group's level of debt (19.3%) 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 (781.2% vs 19.3% today).
  • Debt is well covered by operating cash flow (118.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 17.5x coverage).
X
Financial health checks
We assess Southern Energy Holdings Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Southern Energy Holdings Group has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

1573 Dividends

 What is Southern Energy Holdings Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Southern Energy Holdings Group dividends.
If you bought HK$2,000 of Southern Energy Holdings Group shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Southern Energy Holdings Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Southern Energy Holdings Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1573 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 14 Stocks 5.8%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 968 Stocks 3.7%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Southern Energy Holdings Group has not reported any payouts.
  • Unable to verify if Southern Energy Holdings Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Southern Energy Holdings Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Southern Energy Holdings Group 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.
X
Income/ dividend checks
We assess Southern Energy Holdings Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Southern Energy Holdings Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Southern Energy Holdings Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

1573 Management

 What is the CEO of Southern Energy Holdings Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bo Xu
COMPENSATION CN¥175,000
AGE 41
TENURE AS CEO 3.1 years
CEO Bio

Mr. Bo Xu has been Chairman and Chief Executive Officer at China Unienergy Group Ltd. since April 15, 2016 and has been its Executive Director since April 5, 2016. Mr. Xu founded China Unienergy Group in June 2011 and is primarily responsible for the overall strategic planning of the business of China Unienergy Group. He has nearly 20 years of experience in corporate management. Prior to joining China Unienergy Group, Mr. Xu served as the secretary of the board of directors and the assistant to the chairman of Shenzhen Everbright Investment Company Limited from March 1997 to January 2005. He then invested in the real estate industry and established Guiyang Shoucheng Zhidi Real Estate Development Company Limited in April 2006 and established Union Investment and invested in it Company since March 2011. Mr. Xu has been a Director of Shenzhen WFOE since March 2016. Mr. Xu graduated from the Management Institute of the University of International Business and Economics with a diploma in international trade in July 1997.

CEO Compensation
  • Bo's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.
  • Bo's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Southern Energy Holdings Group management team in years:

3.1
Average Tenure
41
Average Age
  • The tenure for the Southern Energy Holdings Group management team is about average.
Management Team

Bo Xu

TITLE
Chairman & CEO
COMPENSATION
CN¥175K
AGE
41
TENURE
3.1 yrs

Yue Wei

TITLE
Executive Director
COMPENSATION
CN¥385K
AGE
41

Zhijun Xiao

TITLE
Executive Director
COMPENSATION
CN¥288K
AGE
43

Weizhe Zhang

TITLE
Joint Company Secretary
AGE
30
TENURE
4.1 yrs

Wendy Kam

TITLE
Joint Company Secretary
AGE
50
TENURE
3.1 yrs
Board of Directors Tenure

Average tenure and age of the Southern Energy Holdings Group board of directors in years:

2.9
Average Tenure
41
Average Age
  • The average tenure for the Southern Energy Holdings Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Bo Xu

TITLE
Chairman & CEO
COMPENSATION
CN¥175K
AGE
41
TENURE
3.1 yrs

Yue Wei

TITLE
Executive Director
COMPENSATION
CN¥385K
AGE
41
TENURE
3.1 yrs

Zhijun Xiao

TITLE
Executive Director
COMPENSATION
CN¥288K
AGE
43
TENURE
3.1 yrs

William Choy

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥175K
AGE
40
TENURE
2.9 yrs

Lui Fu

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥175K
AGE
38
TENURE
2.9 yrs

Chenglin Jiang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥175K
AGE
62
TENURE
2.9 yrs

Dannis Lee

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥175K
AGE
48
TENURE
2.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
27. Dec 18 Buy Hezhang County Hongyi Construction Engineering Co., Ltd Company 20. Dec 18 20. Dec 18 1,178,000 HK$10.71 HK$12,616,384
16. Aug 18 Sell Bo Xu Individual 17. Jul 18 17. Jul 18 -123,402,000 HK$8.74 HK$-1,078,743,508
X
Management checks
We assess Southern Energy Holdings Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Southern Energy Holdings Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

1573 News

Simply Wall St News

Can China Unienergy Group Limited (HKG:1573) Maintain Its Strong Returns?

Our data shows China Unienergy Group has a return on equity of 21% for the last year. … That means that for every HK$1 worth of shareholders' equity, it generated HK$0.21 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Is China Unienergy Group Limited's (HKG:1573) Balance Sheet Strong Enough To Weather A Storm?

China Unienergy Group Limited (HKG:1573) is a small-cap stock with a market capitalization of CN¥8.69b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … So, understanding the company's financial health becomes

Simply Wall St -

Should You Be Tempted To Sell China Unienergy Group Limited (HKG:1573) Because Of Its PE Ratio?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to begin learning the link between China Unienergy Group Limited (HKG:1573)’s fundamentals and stock market performance. … China Unienergy Group Limited (HKG:1573) is trading with a trailing P/E of 28.7x, which is higher than the industry average of 13.5x.

Simply Wall St -

1573 Company Info

Description

Southern Energy Holdings Group Limited produces and sells anthracite coal. The company offers big lump coal, medium lump coal, clean coal, and fine coal. It operates four coal mines located in Bijie City, Guizhou Province. The company’s coal products are used as chemical coal and PCI coal, as well as for further value-added applications, such as premium quality active charcoal. The company was formerly known as China Unienergy Group Limited and changed its name to Southern Energy Holdings Group Limited in December 2018. The company was incorporated in 2014 and is headquartered in Guiyang, China. Southern Energy Holdings Group Limited was formerly a subsidiary of Dai BVI.

Details
Name: Southern Energy Holdings Group Limited
1573
Exchange: SEHK
Founded: 2014
HK$12,407,040,000
718,000,000
Website: http://www.nfny.hk
Address: Southern Energy Holdings Group Limited
Fuzhong International Plaza,
31st Floor,
Guiyang,
Guizhou Province, 550002,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1573 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 13. Jul 2016
Number of employees
Current staff
Staff numbers
1,586
Southern Energy Holdings Group employees.
Industry
Coal and Consumable Fuels
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 13:02
End of day share price update: 2019/05/23 00:00
Last earnings filing: 2019/04/25
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.