Want Want China Holdings
Market Cap
HK$79.0b
Last Updated
2020/02/21 13:01 UTC
Data Sources
Company Financials +
Executive Summary
Want Want China Holdings Limited, an investment holding company, manufactures, distributes, and sells food and beverages.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with adequate balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has Want Want China Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 151 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.1%
151
3.0%
HK Food
0.6%
HK Market
1 Year Return
-5.7%
151
11.2%
HK Food
-5.7%
HK Market
Return vs Industry: 151 underperformed the Hong Kong Food industry which returned 11.2% over the past year.
Return vs Market: 151 matched the Hong Kong Market which returned -5.7% over the past year.
Shareholder returns
| 151 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.1% | 3.0% | 0.6% |
| 30 Day | -11.1% | 2.1% | -0.8% |
| 90 Day | -3.4% | 11.1% | 4.1% |
| 1 Year | -1.5%-5.7% | 14.1%11.2% | -2.2%-5.7% |
| 3 Year | 38.6%24.5% | 51.0%39.9% | 13.8%2.3% |
| 5 Year | -14.9%-26.9% | 20.8%8.8% | 14.8%-4.2% |
Price Volatility Vs. Market
How volatile is Want Want China Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Want To Invest In Want Want China Holdings Limited (HKG:151)? Here's How It Performed Lately2 weeks ago | Simply Wall St
Trade Alert: The Executive Director Of Want Want China Holdings Limited (HKG:151), Shao-Chung Tsai, Has Just Spent CN¥2.3m Buying Shares3 weeks ago | Simply Wall St
Here's What Want Want China Holdings Limited's (HKG:151) P/E Is Telling UsValuation
Is Want Want China Holdings undervalued compared to its fair value and its price relative to the market?
1.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 151 (HK$6.25) is trading below our estimate of fair value (HK$6.34)
Significantly Below Fair Value: 151 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 151 is poor value based on its PE Ratio (18.8x) compared to the Food industry average (16x).
PE vs Market: 151 is poor value based on its PE Ratio (18.8x) compared to the Hong Kong market (10.2x).
Price to Earnings Growth Ratio
PEG Ratio: 151 is poor value based on its PEG Ratio (3.9x)
Price to Book Ratio
PB vs Industry: 151 is overvalued based on its PB Ratio (5.1x) compared to the HK Food industry average (0.8x).
Next Steps
Future Growth
How is Want Want China Holdings forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
4.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 151's forecast earnings growth (4.8% per year) is above the savings rate (1.6%).
Earnings vs Market: 151's earnings (4.8% per year) are forecast to grow slower than the Hong Kong market (11.8% per year).
High Growth Earnings: 151's earnings are forecast to grow, but not significantly.
Revenue vs Market: 151's revenue (3.2% per year) is forecast to grow slower than the Hong Kong market (10.5% per year).
High Growth Revenue: 151's revenue (3.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 151's Return on Equity is forecast to be high in 3 years time (23.6%)
Next Steps
Past Performance
How has Want Want China Holdings performed over the past 5 years?
-2.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 151 has high quality earnings.
Growing Profit Margin: 151's current net profit margins (17.9%) are higher than last year (15.9%).
Past Earnings Growth Analysis
Earnings Trend: 151's earnings have declined by -2.2% per year over the past 5 years.
Accelerating Growth: 151's earnings growth over the past year (17.2%) exceeds its 5-year average (-2.2% per year).
Earnings vs Industry: 151 earnings growth over the past year (17.2%) exceeded the Food industry 2%.
Return on Equity
High ROE: 151's Return on Equity (26.6%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Want Want China Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 151's short term assets (CN¥20.8B) exceed its short term liabilities (CN¥6.3B).
Long Term Liabilities: 151's short term assets (CN¥20.8B) exceed its long term liabilities (CN¥9.1B).
Debt to Equity History and Analysis
Debt Level: 151's debt to equity ratio (74.1%) is considered high.
Reducing Debt: 151's debt to equity ratio has increased from 68.8% to 74.1% over the past 5 years.
Debt Coverage: 151's debt is well covered by operating cash flow (50.6%).
Interest Coverage: 151 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: 151 has a high level of physical assets or inventory.
Debt Coverage by Assets: 151's debt is covered by short term assets (assets are 2x debt).
Next Steps
Dividend
What is Want Want China Holdings's current dividend yield, its reliability and sustainability?
4.29%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 151's dividend (4.29%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.27%).
High Dividend: 151's dividend (4.29%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.33%).
Stability and Growth of Payments
Stable Dividend: 151's dividend payments have been volatile in the past 10 years.
Growing Dividend: 151's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (69%), 151's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 151's dividends in 3 years are forecast to be covered by earnings (72.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
7.2yrs
Average management tenure
CEO
Eng-Meng Tsai (62yo)
CN¥80,628,000
Compensation
Mr. Tsai Eng-Meng has been the Chairman of Want Want China Holdings Limited since April 1987 and serves as its Chief Executive Officer. Mr. Tsai serves as General Manager of I Lan Foods Industrial Co., Ltd ...
CEO Compensation Analysis
Compensation vs Market: Eng-Meng's total compensation ($USD11.48M) is above average for companies of similar size in the Hong Kong market ($USD1.12M).
Compensation vs Earnings: Eng-Meng's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 0yrs | CN¥80.63m | 50.73% CN¥40.1b | |
| CFO & Executive Director | 7.9yrs | CN¥2.44m | 0.0016% CN¥1.3m | |
| COO & Executive Director | 9.7yrs | CN¥2.32m | 0.82% CN¥644.5m | |
| Chief Marketing Officer & Executive Director | 4.9yrs | CN¥1.23m | 0.00018% CN¥142.1k | |
| Executive Director | 10.6yrs | CN¥1.82m | 0.81% CN¥638.3m | |
| Company Secretary & Executive Director | 1.5yrs | CN¥785.50k | 0.000060% CN¥47.4k | |
| GM of Southeast Asia Development Department & Executive Director | 1.5yrs | CN¥839.00k | 0.00046% CN¥363.2k | |
| Group Investment Officer | 0yrs | no data | no data | |
| Technology Officer | 0yrs | no data | no data | |
| Managing Director of the Information Technology Department | 0yrs | no data | no data |
7.2yrs
Average Tenure
52.5yo
Average Age
Experienced Management: 151's management team is seasoned and experienced (7.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CEO | 0yrs | CN¥80.63m | 50.73% CN¥40.1b | |
| CFO & Executive Director | 7.9yrs | CN¥2.44m | 0.0016% CN¥1.3m | |
| COO & Executive Director | 9.7yrs | CN¥2.32m | 0.82% CN¥644.5m | |
| Chief Marketing Officer & Executive Director | 4.9yrs | CN¥1.23m | 0.00018% CN¥142.1k | |
| Executive Director | 10.6yrs | CN¥1.82m | 0.81% CN¥638.3m | |
| Company Secretary & Executive Director | 1.5yrs | CN¥785.50k | 0.000060% CN¥47.4k | |
| GM of Southeast Asia Development Department & Executive Director | 1.5yrs | CN¥839.00k | 0.00046% CN¥363.2k | |
| Vice Chairman | 8.5yrs | CN¥1.42m | 0.00073% CN¥576.4k | |
| Independent Non Executive Director | 0yrs | CN¥404.00k | no data | |
| Independent Non-Executive Director | 0yrs | CN¥404.00k | no data |
8.2yrs
Average Tenure
58yo
Average Age
Experienced Board: 151's board of directors are considered experienced (8.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 151 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
Want Want China Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Want Want China Holdings Limited
- Ticker: 151
- Exchange: SEHK
- Founded: 1962
- Industry: Packaged Foods and Meats
- Sector: Food, Beverage & Tobacco
- Market Cap: HK$78.961b
- Shares outstanding: 12.42b
- Website: https://www.want-want.com
Number of Employees
Location
- Want Want China Holdings Limited
- Mira Place Tower A
- 9th Floor
- Tsim Sha Tsui
- Kowloon
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 151 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Mar 2008 |
| 4HQ | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Mar 2008 |
| WWNT.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Mar 2008 |
| 151 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Mar 2008 |
| 151 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Mar 2008 |
| WWNT.Y | OTCPK (Pink Sheets LLC) | UNSPONSORED ADR | US | USD | Oct 2008 |
Biography
Want Want China Holdings Limited, an investment holding company, manufactures, distributes, and sells food and beverages. The company operates through four segments: Rice Crackers, Dairy Products and Beverages, Snack Foods, and Other Products. It offers sugar coated crackers, savoury crackers and fried crackers, and gift packs; flavoured milk, room temperature yogurt, yogurt drinks, ready-to-drink coffee, juice drinks, sports drinks, herbal tea, and milk powder; candies, popsicles, ball cakes and jellies, beans, nuts, and other snacks; and wine and other food products. The company is also involved in the trading of food and beverages, raw materials, machineries, etc.; sale of chemical materials and plastic films/bags; manufacture and sale of machineries and related services; manufacture of dehydrating, deoxidating, preservative, and related products; manufacture and sale of packaging materials, packing bags, carton boxes, and cans; provision of consultancy and information services; dairy farming and milk production activities; trading of food and beverages and related activities online; processing and sale of rice and oil products; and manufacture of rice flour. It serves customers through a sales and distribution network primarily in the People’s Republic of China, Taiwan, Japan, Hong Kong, Singapore, the United States, and Canada; and countries in the Southeast Asia and Europe. Want Want China Holdings Limited was founded in 1962 and is headquartered in Tsim Sha Tsui, Hong Kong.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/21 13:01 |
| End of Day Share Price | 2020/02/21 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.