SEHK:1767

Stock Analysis Report

Executive Summary

TS Wonders Holding Limited, an investment holding company, produces, packs, and retails food products in Singapore, Malaysia, the People's Republic of China, India, the United Kingdom, and Indonesia.

Risk Analysis

Earnings have declined by -24.97% per year over past 5 years

Highly volatile share price over past 3 months

Large one-off items impacting financial results

Profit margins (1.4%) are lower than last year (8.2%)

+ 2 more risks


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has TS Wonders Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1767's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-6.5%

1767

1.1%

HK Food

1.7%

HK Market


1 Year Return

-30.6%

1767

11.9%

HK Food

-2.9%

HK Market

Return vs Industry: 1767 underperformed the Hong Kong Food industry which returned 11.9% over the past year.

Return vs Market: 1767 underperformed the Hong Kong Market which returned -2.9% over the past year.


Shareholder returns

1767IndustryMarket
7 Day-6.5%1.1%1.7%
30 Day-7.5%-4.2%-4.8%
90 Day-20.4%7.6%3.4%
1 Year-30.4%-30.6%14.9%11.9%0.7%-2.9%
3 Yearn/a49.0%37.9%15.3%3.6%
5 Yearn/a18.6%6.9%15.9%-3.5%

Price Volatility Vs. Market

How volatile is TS Wonders Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is TS Wonders Holding undervalued compared to its fair value and its price relative to the market?

84.88x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1767 (HK$0.43) is trading above our estimate of fair value (HK$0.32)

Significantly Below Fair Value: 1767 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1767 is poor value based on its PE Ratio (84.9x) compared to the Food industry average (15.7x).

PE vs Market: 1767 is poor value based on its PE Ratio (84.9x) compared to the Hong Kong market (10.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1767's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1767 is overvalued based on its PB Ratio (1.5x) compared to the HK Food industry average (0.8x).


Next Steps

Future Growth

How is TS Wonders Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.3%

Forecasted Food, Beverage & Tobacco 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 TS Wonders Holding 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 TS Wonders Holding performed over the past 5 years?

-25.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1767 has a large one-off loss of SGD2.9M impacting its June 30 2019 financial results.

Growing Profit Margin: 1767's current net profit margins (1.4%) are lower than last year (8.2%).


Past Earnings Growth Analysis

Earnings Trend: 1767's earnings have declined by -25% per year over the past 5 years.

Accelerating Growth: 1767's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1767 had negative earnings growth (-82.9%) over the past year, making it difficult to compare to the Food industry average (2%).


Return on Equity

High ROE: 1767's Return on Equity (1.6%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is TS Wonders Holding's financial position?


Financial Position Analysis

Short Term Liabilities: 1767's short term assets (SGD38.8M) exceed its short term liabilities (SGD4.2M).

Long Term Liabilities: 1767's short term assets (SGD38.8M) exceed its long term liabilities (SGD4.7M).


Debt to Equity History and Analysis

Debt Level: 1767's debt to equity ratio (5.8%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 1767's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 1767's debt is well covered by operating cash flow (195.9%).

Interest Coverage: 1767's interest payments on its debt are well covered by EBIT (25.9x coverage).


Balance Sheet

Inventory Level: 1767 has a high level of physical assets or inventory.

Debt Coverage by Assets: 1767's debt is covered by short term assets (assets are 13.1x debt).


Next Steps

Dividend

What is TS Wonders Holding's current dividend yield, its reliability and sustainability?

0.45%

Current Dividend Yield


Dividend Yield vs Market

company0.4%marketbottom25%2.3%markettop25%6.3%industryaverage2.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: 1767's dividend (0.45%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.27%).

High Dividend: 1767's dividend (0.45%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.34%).


Stability and Growth of Payments

Stable Dividend: 1767 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.

Growing Dividend: 1767 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 1767 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 1767's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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

1.4yrs

Average board tenure


CEO

TS Wonders Holding has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Seow Yen Lim
ChairLady1.6yrsS$521.46kno data
Fung Yee Lim
Executive Director1.8yrsS$579.25kno data
Fung Chor Lim
Executive Director1.8yrsS$576.42kno data
Seng Chye Lim
Executive Director1.6yrsS$110.24kno data
Junli Zhang
Executive Director0.4yrsno datano data
Ka Yu Chan
Independent Non-Executive Director1.2yrsno datano data
Yan Fai Lee
Independent Non-Executive Director1.2yrsno datano data
Keat Yeow Chew
Independent Non-Executive Director1.2yrsno datano data

1.4yrs

Average Tenure

42yo

Average Age

Experienced Board: 1767's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 11.5%.


Top Shareholders

Company Information

TS Wonders Holding Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TS Wonders Holding Limited
  • Ticker: 1767
  • Exchange: SEHK
  • Founded: 2018
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: HK$450.000m
  • Shares outstanding: 1.00b
  • Website: https://www.taisun.com.sg

Number of Employees


Location

  • TS Wonders Holding Limited
  • 255 Pandan Loop
  • Singapore
  • 128433
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1767SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 2019

Biography

TS Wonders Holding Limited, an investment holding company, produces, packs, and retails food products in Singapore, Malaysia, the People's Republic of China, India, the United Kingdom, and Indonesia. The company operates through Nuts, Chips, and Others segments. It offers roasted and baked nuts, and beans, including peanuts, cashews, pistachios, almonds, macadamia nuts, walnuts, broad beans, and green peas; and potato and cassava chips. The company is also involved in the wholesale trading business. It sells its products under the Tai Sun, Nature’s Wonders, UCA, and Treatz brand names. The company serves supermarkets, hotels, airlines, original equipment manufacturers, and distributors. The company was incorporated in 2018 and is headquartered in Singapore. TS Wonders Holding Limited is a subsidiary of SWL Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 13:12
End of Day Share Price2020/02/17 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.