SEHK:704

Stock Analysis Report

Executive Summary

Huscoke Holdings Limited, an investment holding company, produces and trades in coke in the People’s Republic of China.

Snowflake

Fundamentals

Solid track record and good value.

Risks

  • Huscoke Holdings has significant price volatility in the past 3 months.
  • Huscoke Holdings is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-0.6%

SEHK:704

0.6%

HK Oil and Gas

1.9%

HK Market


1 Year Return

-42.7%

SEHK:704

-28.8%

HK Oil and Gas

-10.4%

HK Market

704 underperformed the Oil and Gas industry which returned -28.8% over the past year.

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


Share holder returns

704IndustryMarket
7 Day-0.6%0.6%1.9%
30 Day-15.5%-9.8%-7.5%
90 Day-26.2%-13.4%-4.4%
1 Year-42.7%-42.7%-24.8%-28.8%-7.2%-10.4%
3 Year-4.5%-4.5%-0.4%-13.3%15.3%3.9%
5 Year-73.0%-73.0%-41.2%-51.4%10.1%-8.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Huscoke 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

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

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


Price Based on Earnings

Huscoke Holdings is good value based on earnings compared to the HK Oil and Gas industry average.

Huscoke Holdings is good value based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

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


Price Based on Value of Assets

Huscoke Holdings is overvalued based on assets compared to the HK Oil and Gas industry average.


Next Steps

Future Growth

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

-1.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Huscoke Holdings is high growth as no revenue estimate data is available.

Huscoke Holdings's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.

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

Huscoke Holdings's earnings are expected to decrease over the next 1-3 years, this is below the Hong Kong market average.

Huscoke Holdings's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

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


Next Steps

Past Performance

How has Huscoke Holdings performed over the past 5 years?

67.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

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

Huscoke Holdings's 1-year earnings growth is less than its 5-year average (8.9% vs 67.6%)

Huscoke Holdings's earnings growth has exceeded the HK Oil and Gas industry average in the past year (8.9% vs 8.6%).


Return on Equity

Huscoke Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).


Return on Assets

Huscoke Holdings used its assets more efficiently than the HK Oil and Gas industry average last year based on Return on Assets.


Return on Capital Employed

Huscoke Holdings has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Huscoke Holdings's financial position?


Financial Position Analysis

Huscoke Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Huscoke Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Huscoke Holdings's level of debt (11%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has increased over the past 5 years (9.5% vs 11% today).

Debt is well covered by operating cash flow (249.9%, greater than 20% of total debt).

Interest payments on debt are well covered by earnings (EBIT is 15.5x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 13.6x debt.


Next Steps

Dividend

What is Huscoke Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

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

Unable to evaluate Huscoke 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 Huscoke Holdings has not reported any payouts.

Unable to verify if Huscoke 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 Huscoke 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 Huscoke Holdings's salary, the management and board of directors tenure and is there insider trading?

1.9yrs

Average management tenure


CEO

Xu Guang Zhao (55yo)

2.3yrs

Tenure

HK$7,511,000

Compensation

Mr. Xu Guang Zhao has been Chief Executive Officer of Huscoke Resources Holdings Limited since May 2, 2017. Mr. Zhao has been the Executive Chairman of Huscoke Resources Holdings Limited since November 17, ...


CEO Compensation Analysis

Xu Guang's remuneration is higher than average for companies of similar size in Hong Kong.

Xu Guang's compensation has increased by more than 20% in the past year whilst earnings grew less than 20%.


Management Age and Tenure

1.9yrs

Average Tenure

54yo

Average Age

The average tenure for the Huscoke Holdings management team is less than 2 years, this suggests a new team.


Board Age and Tenure

1.3yrs

Average Tenure

55yo

Average Age

The average tenure for the Huscoke Holdings board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Michael, Godwin Li (51yo)

    Company Secretary

    • Tenure: 2.8yrs
  • Xu Guang Zhao (55yo)

    Executive Chairman & CEO

    • Tenure: 2.3yrs
    • Compensation: HK$7.51m
  • Chiu Fung So (40yo)

    Executive Director

    • Tenure: 0.9yrs
    • Compensation: HK$400.00k
  • Chun Tak Chiu

    Financial Controller

    • Tenure: 1.6yrs
  • Qing Li (54yo)

    Executive Director

    • Tenure: 0.2yrs
  • Yi Wang (56yo)

    Executive Director

    • Tenure: 0.1yrs

Board Members

  • Laurie Lee (60yo)

    Independent Non-Executive Director

    • Tenure: 10.9yrs
    • Compensation: HK$120.00k
  • Paddy To (67yo)

    Independent Non-Executive Director

    • Tenure: 9.8yrs
    • Compensation: HK$120.00k
  • Xu Guang Zhao (55yo)

    Executive Chairman & CEO

    • Tenure: 2.3yrs
    • Compensation: HK$7.51m
  • Wei Hsin Wang (53yo)

    Independent Non-Executive Director

    • Tenure: 0.7yrs
    • Compensation: HK$4.00k
  • Patrick Wong (64yo)

    Non Executive Director

    • Tenure: 1.3yrs
    • Compensation: HK$918.85k
  • Haemon Huang (44yo)

    Non-Executive Director

    • Tenure: 2.8yrs
    • Compensation: HK$180.00k
  • Chiu Fung So (40yo)

    Executive Director

    • Tenure: 0.9yrs
    • Compensation: HK$400.00k
  • Qing Li (54yo)

    Executive Director

    • Tenure: 0.2yrs
  • Yi Wang (56yo)

    Executive Director

    • Tenure: 0.1yrs

Company Information

Huscoke Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Huscoke Holdings Limited
  • Ticker: 704
  • Exchange: SEHK
  • Founded:
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: HK$470.911m
  • Shares outstanding: 2.79b
  • Website: https://www.huscoke.com

Number of Employees


Location

  • Huscoke Holdings Limited
  • Tower One
  • Lippo Centre
  • Admiralty
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
704SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992

Biography

Huscoke Holdings Limited, an investment holding company, produces and trades in coke in the People’s Republic of China. The company operates through three segments: Coke Trading, Coal-Related Ancillary, an ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/25 12:40
End of Day Share Price2019/08/23 00:00
Earnings2018/12/31
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.