Pine Care Group
Market Cap
HK$1.0b
Last Updated
2021/01/27 10:20 UTC
Data Sources
Company Financials
Executive Summary
Pine Care Group Limited, together with its subsidiaries, engages in the provision of elderly home care services. More Details
Rewards
Risk Analysis
Snowflake Analysis
Proven track record with imperfect balance sheet.
Similar Companies
Share Price & News
How has Pine Care Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1989 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: Insufficient data to determine 1989's volatility change over the past year.
Market Performance
7 Day Return
-8.9%
1989
3.4%
HK Healthcare
-2.0%
HK Market
1 Year Return
39.5%
1989
-1.8%
HK Healthcare
19.3%
HK Market
Return vs Industry: 1989 exceeded the Hong Kong Healthcare industry which returned -6.4% over the past year.
Return vs Market: 1989 exceeded the Hong Kong Market which returned 15.9% over the past year.
Shareholder returns
| 1989 | Industry | Market | |
|---|---|---|---|
| 7 Day | -8.9% | 3.4% | -2.0% |
| 30 Day | -22.6% | 13.0% | 12.0% |
| 90 Day | -26.1% | 25.6% | 18.6% |
| 1 Year | 40.2%39.5% | 0.8%-1.8% | 24.0%19.3% |
| 3 Year | 55.4%46.8% | -39.1%-43.0% | -3.5%-13.7% |
| 5 Year | n/a | -19.4%-27.0% | 71.5%42.4% |
Long-Term Price Volatility Vs. Market
How volatile is Pine Care Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
What Kind Of Shareholders Hold The Majority In Pine Care Group Limited's (HKG:1989) Shares?1 month ago | Simply Wall St
Have Insiders Sold Pine Care Group Limited (HKG:1989) Shares Recently?1 month ago | Simply Wall St
I Ran A Stock Scan For Earnings Growth And Pine Care Group (HKG:1989) Passed With EaseValuation
Is Pine Care Group undervalued compared to its fair value and its price relative to the market?
58.43x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1989 (HK$1.13) is trading above our estimate of fair value (HK$0.94)
Significantly Below Fair Value: 1989 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1989 is poor value based on its PE Ratio (58.4x) compared to the HK Healthcare industry average (21.3x).
PE vs Market: 1989 is poor value based on its PE Ratio (58.4x) compared to the Hong Kong market (11.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1989's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1989 is overvalued based on its PB Ratio (4.9x) compared to the HK Healthcare industry average (1.5x).
Next Steps
Future Growth
How is Pine Care Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
25.7%
Forecasted Healthcare 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 Pine Care Group 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
- Check out Pine Care Group's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Pine Care Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Healthcare industry.
Past Performance
How has Pine Care Group performed over the past 5 years?
-3.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1989 has high quality earnings.
Growing Profit Margin: 1989's current net profit margins (7.5%) are higher than last year (6.8%).
Past Earnings Growth Analysis
Earnings Trend: 1989's earnings have declined by 3.5% per year over the past 5 years.
Accelerating Growth: 1989's earnings growth over the past year (28.2%) exceeds its 5-year average (-3.5% per year).
Earnings vs Industry: 1989 earnings growth over the past year (28.2%) exceeded the Healthcare industry -9.1%.
Return on Equity
High ROE: 1989's Return on Equity (7.9%) is considered low.
Next Steps
Financial Health
How is Pine Care Group's financial position?
Financial Position Analysis
Short Term Liabilities: 1989's short term assets (HK$76.4M) do not cover its short term liabilities (HK$433.0M).
Long Term Liabilities: 1989's short term assets (HK$76.4M) do not cover its long term liabilities (HK$296.1M).
Debt to Equity History and Analysis
Debt Level: 1989's debt to equity ratio (288.1%) is considered high.
Reducing Debt: 1989's debt to equity ratio has reduced from 289.9% to 288.1% over the past 5 years.
Debt Coverage: 1989's debt is not well covered by operating cash flow (8.3%).
Interest Coverage: 1989's interest payments on its debt are well covered by EBIT (3.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Pine Care Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1989's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1989'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 1989's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1989's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 1989 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 1989'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?
0.8yrs
Average management tenure
CEO
Yip Keung Chan (36 yo)
0.25
Tenure
HK$738,000
Compensation
Mr. Yip Keung Chan has been Chief Financial Officer and Executive Director at Pine Care Group Limited since April 16, 2015 and also serves as its Company Secretary. Mr. Chan has been Chief Executive Office...
CEO Compensation Analysis
Compensation vs Market: Yip Keung's total compensation ($USD95.19K) is below average for companies of similar size in the Hong Kong market ($USD231.60K).
Compensation vs Earnings: Yip Keung's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 0.83yr | no data | 31.74% HK$ 326.7m | |
| CEO, CFO | 0.25yr | HK$738.00k | 0.21% HK$ 2.2m | |
| Group Head of Operations | no data | HK$50.00k | no data | |
| Executive Director | 0.83yr | no data | no data | |
| Executive Director | 0.83yr | no data | no data | |
| Chief Accountant | no data | no data | no data | |
| Head of Administration Affairs | no data | HK$36.00k | no data | |
| Group Head of Human Resources | no data | HK$50.00k | no data |
0.8yrs
Average Tenure
48yo
Average Age
Experienced Management: 1989's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 0.83yr | no data | 31.74% HK$ 326.7m | |
| CEO, CFO | 0.25yr | HK$738.00k | 0.21% HK$ 2.2m | |
| Executive Director | 0.83yr | no data | no data | |
| Executive Director | 0.83yr | no data | no data | |
| Independent Non-Executive Director | 0.83yr | no data | no data | |
| Independent Non-Executive Director | 0.25yr | no data | no data | |
| Independent Non Executive Director | 0.25yr | no data | no data | |
| Non-Executive Director | 0.83yr | no data | no data | |
| Independent Non-Executive Director | 0.25yr | no data | no data |
0.8yrs
Average Tenure
52.5yo
Average Age
Experienced Board: 1989's board of directors are not considered experienced ( 0.8 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: 1989 insiders have bought and sold the same number of shares 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
Pine Care Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Pine Care Group Limited
- Ticker: 1989
- Exchange: SEHK
- Founded: 1989
- Industry: Health Care Facilities
- Sector: Healthcare
- Market Cap: HK$1.029b
- Shares outstanding: 902.88m
- Website: https://www.pinecaregroup.com
Number of Employees
Location
- Pine Care Group Limited
- 68-72 Yuk Wah Street
- Ground Floor
- Tsz Wan Shan
- Kowloon
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1989 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Feb 2017 |
Biography
Pine Care Group Limited, together with its subsidiaries, engages in the provision of elderly home care services. It offers residence, professional nursing and care taking, nutritional management, medical, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/27 10:20 |
| End of Day Share Price | 2021/01/27 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.