SEHK:8405

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Executive Summary

Hang Chi Holdings Limited, an investment holding company, operates elderly residential care homes under the Shui On, Shui Hing, Shui Jun, and Guardian Home brand names in Hong Kong. More Details


Snowflake Analysis

Outstanding track record with excellent balance sheet.


Similar Companies

Share Price & News

How has Hang Chi Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8405 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.3%

8405

2.4%

HK Healthcare

-0.7%

HK Market


1 Year Return

-9.5%

8405

-26.7%

HK Healthcare

0.5%

HK Market

Return vs Industry: 8405 exceeded the Hong Kong Healthcare industry which returned -25.5% over the past year.

Return vs Market: 8405 underperformed the Hong Kong Market which returned 0.4% over the past year.


Shareholder returns

8405IndustryMarket
7 Day-2.3%2.4%-0.7%
30 Day1.2%4.5%5.8%
90 Day2.4%1.8%1.4%
1 Year-3.0%-9.5%-24.9%-26.7%4.6%0.5%
3 Year8.4%-2.3%-42.8%-46.9%-6.8%-16.9%
5 Yearn/a-44.9%-50.7%15.8%-3.8%

Price Volatility Vs. Market

How volatile is Hang Chi Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hang Chi Holdings 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: 8405 (HK$0.86) is trading below our estimate of fair value (HK$9.07)

Significantly Below Fair Value: 8405 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8405 is good value based on its PE Ratio (10x) compared to the HK Healthcare industry average (18.7x).

PE vs Market: 8405 is good value based on its PE Ratio (10x) compared to the Hong Kong market (10.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8405's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8405 is overvalued based on its PB Ratio (2.2x) compared to the HK Healthcare industry average (1.5x).


Next Steps

Future Growth

How is Hang Chi Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.3%

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 Hang Chi Holdings 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 Hang Chi Holdings performed over the past 5 years?

29.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8405 has high quality earnings.

Growing Profit Margin: 8405's current net profit margins (16.7%) are higher than last year (16.3%).


Past Earnings Growth Analysis

Earnings Trend: 8405's earnings have grown significantly by 29.3% per year over the past 5 years.

Accelerating Growth: 8405's earnings growth over the past year (45.8%) exceeds its 5-year average (29.3% per year).

Earnings vs Industry: 8405 earnings growth over the past year (45.8%) exceeded the Healthcare industry -10%.


Return on Equity

High ROE: 8405's Return on Equity (23.2%) is considered high.


Next Steps

Financial Health

How is Hang Chi Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8405's short term assets (HK$72.8M) exceed its short term liabilities (HK$54.8M).

Long Term Liabilities: 8405's short term assets (HK$72.8M) do not cover its long term liabilities (HK$74.7M).


Debt to Equity History and Analysis

Debt Level: 8405 is debt free.

Reducing Debt: 8405 had no debt 5 years ago.

Debt Coverage: 8405 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8405 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Hang Chi Holdings's current dividend yield, its reliability and sustainability?

6.98%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 8405's dividend (6.98%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).

High Dividend: 8405's dividend (6.98%) is in the top 25% of dividend payers in the Hong Kong market (6.96%)


Stability and Growth of Payments

Stable Dividend: 8405 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 8405's dividend payments have increased, but the company has only paid a dividend for 3 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (69.5%), 8405's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

3.6yrs

Average management tenure


CEO

Chi Tat Lui (46 yo)

2.75yrs

Tenure

HK$883,000

Compensation

Mr. Chi Tat Lui serves as an Executive Director at Hang Chi Holdings Limited since February 27, 2019. He started working as an apprentice in the renovation industry after his graduation from secondary scho ...


CEO Compensation Analysis

Compensation vs Market: Chi Tat's total compensation ($USD113.93K) is below average for companies of similar size in the Hong Kong market ($USD232.26K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Tak Chi Yik
Executive Chairman of the Board3.58yrsHK$588.00k3.57%
HK$ 12.3m
Chi Tat Lui
CEO & Executive Director2.75yrsHK$883.00k9.01%
HK$ 31.0m
Kin Man Chung
Compliance Officer & Executive Director3.58yrsHK$872.00k0.010%
HK$ 34.4k
Wai Man Chung
Executive Director3.58yrsHK$868.00k0.0050%
HK$ 17.2k
Pui Shan Leung
CFO & Company Secretary3.58yrsno datano data
Bee Lye Gan
Head of Human Resources3.58yrsno datano data

3.6yrs

Average Tenure

52.5yo

Average Age

Experienced Management: 8405's management team is considered experienced (3.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tak Chi Yik
Executive Chairman of the Board3.58yrsHK$588.00k3.57%
HK$ 12.3m
Chi Tat Lui
CEO & Executive Director2.75yrsHK$883.00k9.01%
HK$ 31.0m
Kin Man Chung
Compliance Officer & Executive Director3.58yrsHK$872.00k0.010%
HK$ 34.4k
Wai Man Chung
Executive Director3.58yrsHK$868.00k0.0050%
HK$ 17.2k
Wan Pui Lau
Non-Executive Director3.58yrsHK$180.00kno data
Tai Chim Lau
Independent Non-Executive Director3.33yrsHK$180.00kno data
Chi Shing Kwok
Independent Non-Executive Director3.33yrsHK$180.00kno data
Wai Ho Wong
Independent Non-Executive Director3.33yrsHK$180.00kno data

3.5yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 8405's board of directors are considered experienced (3.5 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Hang Chi Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hang Chi Holdings Limited
  • Ticker: 8405
  • Exchange: SEHK
  • Founded:
  • Industry: Health Care Facilities
  • Sector: Healthcare
  • Market Cap: HK$344.000m
  • Shares outstanding: 400.00m
  • Website: https://shuionnc.com

Number of Employees


Location

  • Hang Chi Holdings Limited
  • FTLife Tower
  • Unit 09
  • Kowloon Bay
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8405SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJul 2017

Biography

Hang Chi Holdings Limited, an investment holding company, operates elderly residential care homes under the Shui On, Shui Hing, Shui Jun, and Guardian Home brand names in Hong Kong. It offers residential c ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 12:35
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.