Yihai International Holding (SEHK:1579) - Share price, News & Analysis

1579 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	2/6
Past Performance	2/6
Financial Health	6/6
Dividends	0/6

1579 Stock Overview

Rewards

Trading at 30.8% below our estimate of its fair value

Earnings are forecast to grow 13.65% per year

Risk Analysis

High level of non-cash earnings

Volatile share price over the past 3 months

Yihai International Holding Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Yihai International Holding
Historical stock prices
Current Share Price	HK$22.65
52 Week High	HK$66.35
52 Week Low	HK$19.32
Beta	0.11
1 Month Change	-1.95%
3 Month Change	-33.48%
1 Year Change	-64.61%
3 Year Change	-42.59%
5 Year Change	483.76%
Change since IPO	596.92%

Recent News & Updates

Apr 19

Yihai International Holding (HKG:1579) Knows How To Allocate Capital Effectively

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Shareholder Returns

	1579	HK Food	HK Market
7D	6.1%	1.7%	3.4%
1Y	-64.6%	-28.7%	-23.7%

Return vs Industry: 1579 underperformed the Hong Kong Food industry which returned -28.7% over the past year.

Return vs Market: 1579 underperformed the Hong Kong Market which returned -23.7% over the past year.

Price Volatility

Is 1579's price volatile compared to industry and market?
1579 volatility
1579 Average Weekly Movement	12.2%
Food Industry Average Movement	7.2%
Market Average Movement	8.0%
10% most volatile stocks in HK Market	15.2%
10% least volatile stocks in HK Market	3.9%

Stable Share Price: 1579 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: 1579's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

Founded	Employees	CEO	Website
2005	2,499	Qiang Guo	https://www.yihchina.com

Yihai International Holding Ltd., together with its subsidiaries, researches, develops, manufactures, distributes, and sells hot pot soup flavoring, hot pot dipping sauce, and Chinese style compound condiment products under Haidilao brand. It offers spicy vegetable oil, fragrant tallow, mellow tallow, sour tomato, green pepper and beef tallow, red curry and beef tallow, and three delicacy broth hot pot condiments; mushroom soup hotpot broths; and fresh soups. The company also provides braised, minced garlic, spicy, thirteen kind of spices, and fresh spicy crayfish seasoners; fish sour soup with pickled pepper; picked fish seasoner; spicy boiled fish, tomato malatang, sour soup malatang, and chilly pot seasoners; and fresh and original marinade sauces.

Yihai International Holding Fundamentals Summary

How do Yihai International Holding's earnings and revenue compare to its market cap?
1579 fundamental statistics
Market Cap	CN¥18.93b
Earnings (TTM)	CN¥766.20m
Revenue (TTM)	CN¥5.94b

24.7x

P/E Ratio

3.2x

P/S Ratio

Is 1579 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
1579 income statement (TTM)
Revenue	CN¥5.94b
Cost of Revenue	CN¥4.02b
Gross Profit	CN¥1.92b
Other Expenses	CN¥1.16b
Earnings	CN¥766.20m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.78
Gross Margin	32.38%
Net Profit Margin	12.89%
Debt/Equity Ratio	0%

How did 1579 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

28%

Payout Ratio

Does 1579 pay a reliable dividends?

See 1579 dividend history and benchmarks

When do you need to buy 1579 by to receive an upcoming dividend?
Yihai International Holding dividend dates
Ex Dividend Date	May 24 2022
Dividend Pay Date	Jun 16 2022
Days until Ex dividend	0 days
Days until Dividend pay date	23 days

Does 1579 pay a reliable dividends?

See 1579 dividend history and benchmarks

Valuation

Is Yihai International Holding undervalued compared to its fair value and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

30.8%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: 1579 (HK$22.65) is trading below our estimate of fair value (HK$32.72)

Significantly Below Fair Value: 1579 is trading below fair value by more than 20%.

Price To Earnings Ratio

PE vs Industry: 1579 is poor value based on its PE Ratio (24.7x) compared to the Hong Kong Food industry average (10.7x).

PE vs Market: 1579 is poor value based on its PE Ratio (24.7x) compared to the Hong Kong market (8.8x).

Price to Earnings Growth Ratio

PEG Ratio: 1579 is poor value based on its PEG Ratio (1.8x)

Price to Book Ratio

PB vs Industry: 1579 is overvalued based on its PB Ratio (5x) compared to the HK Food industry average (0.8x).

Future Growth

How is Yihai International Holding forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

13.6%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1579's forecast earnings growth (13.6% per year) is above the savings rate (1.5%).

Earnings vs Market: 1579's earnings (13.6% per year) are forecast to grow slower than the Hong Kong market (16.5% per year).

High Growth Earnings: 1579's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1579's revenue (13.1% per year) is forecast to grow faster than the Hong Kong market (9.9% per year).

High Growth Revenue: 1579's revenue (13.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 1579's Return on Equity is forecast to be low in 3 years time (17.6%).

Past Performance

How has Yihai International Holding performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

27.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1579 has a high level of non-cash earnings.

Growing Profit Margin: 1579's current net profit margins (12.9%) are lower than last year (16.5%).

Past Earnings Growth Analysis

Earnings Trend: 1579's earnings have grown significantly by 27.6% per year over the past 5 years.

Accelerating Growth: 1579's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1579 had negative earnings growth (-13.4%) over the past year, making it difficult to compare to the Food industry average (3.6%).

Return on Equity

High ROE: 1579's Return on Equity (20.9%) is considered high.

Financial Health

How is Yihai International Holding's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1579's short term assets (CN¥2.4B) exceed its short term liabilities (CN¥733.3M).

Long Term Liabilities: 1579's short term assets (CN¥2.4B) exceed its long term liabilities (CN¥163.0M).

Debt to Equity History and Analysis

Debt Level: 1579 is debt free.

Reducing Debt: 1579 had no debt 5 years ago.

Debt Coverage: 1579 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1579 has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

Dividend

What is Yihai International Holding current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

1.14%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 1579's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.84%).

High Dividend: 1579's dividend (1.14%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.83%).

Stability and Growth of Payments

Stable Dividend: 1579 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.

Growing Dividend: 1579 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.

Earnings Payout to Shareholders

Earnings Coverage: 1579 is not paying a notable dividend for the Hong Kong market.

Cash Payout to Shareholders

Cash Flow Coverage: 1579 is not paying a notable dividend for the Hong Kong market.

Discover strong dividend paying companies

Management

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

3.1yrs

Average management tenure

CEO

Qiang Guo (52 yo)

2.17yrs

Tenure

CN¥5,135,000

Compensation

Mr. Qiang Guo serves as Chief Executive Officer at Yihai International Holding Ltd. since March 25, 2020. He is Executive Director of Yihai International Holding Ltd.since March 26, 2019 and serves as its...

CEO Compensation Analysis

Compensation vs Market: Qiang's total compensation ($USD767.23K) is above average for companies of similar size in the Hong Kong market ($USD549.76K).

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

Leadership Team

Experienced Management: 1579's management team is considered experienced (3.1 years average tenure).

Board Members

Experienced Board: 1579's board of directors are considered experienced (5.9 years average tenure).

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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/23 00:00
End of Day Share Price	2022/05/23 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31