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Market Cap

HK$914.6m

Last Updated

2021/04/10 10:25 UTC

Data Sources

Company Financials

Executive Summary

DaChan Food (Asia) Limited, an investment holding company, manufactures and trades in livestock feeds, poultry and chilled meats, and processed foods. More Details

Rewards

Trading at 74.9% below our estimate of its fair value

Earnings grew by 51.1% over the past year

Risk Analysis

No risks detected for 3999 from our risk checks.


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

How has DaChan Food (Asia)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3999 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 3999's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

1.1%

3999

-0.7%

HK Food

-1.1%

HK Market


1 Year Return

63.6%

3999

24.7%

HK Food

28.6%

HK Market

Return vs Industry: 3999 exceeded the Hong Kong Food industry which returned 24.7% over the past year.

Return vs Market: 3999 exceeded the Hong Kong Market which returned 28.6% over the past year.


Shareholder returns

3999IndustryMarket
7 Day1.1%-0.7%-1.1%
30 Day4.7%-3.7%-1.8%
90 Day5.9%-5.0%3.4%
1 Year63.6%63.6%28.7%24.7%33.5%28.6%
3 Year80.0%80.0%21.3%11.5%4.0%-6.9%
5 Year2.3%2.3%52.9%33.7%48.7%23.7%

Long-Term Price Volatility Vs. Market

How volatile is DaChan Food (Asia)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is DaChan Food (Asia) undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3999 (HK$0.9) is trading below our estimate of fair value (HK$3.59)

Significantly Below Fair Value: 3999 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3999 is good value based on its PE Ratio (3.8x) compared to the HK Food industry average (11.2x).

PE vs Market: 3999 is good value based on its PE Ratio (3.8x) compared to the Hong Kong market (11.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3999's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3999 is good value based on its PB Ratio (0.4x) compared to the HK Food industry average (0.9x).


Future Growth

How is DaChan Food (Asia) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.7%

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 DaChan Food (Asia) 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.


Past Performance

How has DaChan Food (Asia) performed over the past 5 years?

67.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3999 has high quality earnings.

Growing Profit Margin: 3999's current net profit margins (2.2%) are higher than last year (1.7%).


Past Earnings Growth Analysis

Earnings Trend: 3999 has become profitable over the past 5 years, growing earnings by 67.7% per year.

Accelerating Growth: 3999's earnings growth over the past year (51.1%) is below its 5-year average (67.7% per year).

Earnings vs Industry: 3999 earnings growth over the past year (51.1%) exceeded the Food industry 12.8%.


Return on Equity

High ROE: 3999's Return on Equity (13.4%) is considered low.


Financial Health

How is DaChan Food (Asia)'s financial position?


Financial Position Analysis

Short Term Liabilities: 3999's short term assets (CN¥2.5B) exceed its short term liabilities (CN¥1.6B).

Long Term Liabilities: 3999's short term assets (CN¥2.5B) exceed its long term liabilities (CN¥461.4M).


Debt to Equity History and Analysis

Debt Level: 3999's debt to equity ratio (35.4%) is considered satisfactory.

Reducing Debt: 3999's debt to equity ratio has reduced from 60.3% to 35.4% over the past 5 years.

Debt Coverage: 3999's debt is well covered by operating cash flow (50.7%).

Interest Coverage: 3999's interest payments on its debt are well covered by EBIT (12.3x coverage).


Balance Sheet


Dividend

What is DaChan Food (Asia) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3999's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3999's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 3999's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3999's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 3999 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 3999'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?

2.3yrs

Average management tenure


CEO

Teh Hong Sun (63 yo)

1.08yrs

Tenure

Mr. Teh Hong Sun serves as Chief Executive Officer of DaChan Food (Asia) Limited since March 01, 2020. He served as the vice president of the Company since January 2019. Mr. Sun has years of experience in ...


Leadership Team

Experienced Management: 3999's management team is considered experienced (2.3 years average tenure).


Board Members

Experienced Board: 3999's board of directors are seasoned and experienced ( 13.2 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.


Top Shareholders

Company Information

DaChan Food (Asia) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: DaChan Food (Asia) Limited
  • Ticker: 3999
  • Exchange: SEHK
  • Founded: 2007
  • Industry: Packaged Foods and Meats
  • Sector: Food, Beverage & Tobacco
  • Market Cap: HK$914.570m
  • Shares outstanding: 1.02b
  • Website: https://www.dachanfoodasia.com

Number of Employees


Location

  • DaChan Food (Asia) Limited
  • Office Tower C
  • Room 401, 4th Floor
  • Beijing
  • Beijing Province
  • 100020
  • China

Listings


Biography

DaChan Food (Asia) Limited, an investment holding company, manufactures and trades in livestock feeds, poultry and chilled meats, and processed foods. It operates through three segments: Chicken Meat, Live...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/10 10:25
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/12/31


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.