Hang Chi Holdings
Market Cap
HK$368.0m
Last Updated
2021/01/18 10:16 UTC
Data Sources
Company Financials
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
Rewards
Risk Analysis
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 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 8405's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
0%
8405
-3.3%
HK Healthcare
2.2%
HK Market
1 Year Return
-8.0%
8405
-18.2%
HK Healthcare
7.2%
HK Market
Return vs Industry: 8405 exceeded the Hong Kong Healthcare industry which returned -18.2% over the past year.
Return vs Market: 8405 underperformed the Hong Kong Market which returned 7.2% over the past year.
Shareholder returns
| 8405 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | -3.3% | 2.2% |
| 30 Day | 2.2% | -0.3% | 8.4% |
| 90 Day | 4.5% | 17.4% | 15.6% |
| 1 Year | -1.4%-8.0% | -16.0%-18.2% | 11.4%7.2% |
| 3 Year | 22.9%10.8% | -42.8%-46.4% | -3.4%-13.5% |
| 5 Year | n/a | -29.8%-32.0% | 65.4%37.4% |
Long-Term 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
3 weeks ago | Simply Wall St
Is Hang Chi Holdings Limited's (HKG:8405) Latest Stock Performance Being Led By Its Strong Fundamentals?1 month ago | Simply Wall St
A Quick Analysis On Hang Chi Holdings' (HKG:8405) CEO Compensation2 months ago | Simply Wall St
Do Hang Chi Holdings's (HKG:8405) Earnings Warrant Your Attention?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$0.92) is trading below our estimate of fair value (HK$4.17)
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 (9.3x) compared to the HK Healthcare industry average (20.7x).
PE vs Market: 8405 is good value based on its PE Ratio (9.3x) compared to the Hong Kong market (11.5x).
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 (2.4x) compared to the HK Healthcare industry average (1.4x).
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
- Examine whether Hang Chi Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Hang Chi Holdings 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 Hang Chi Holdings performed over the past 5 years?
31.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8405 has high quality earnings.
Growing Profit Margin: 8405's current net profit margins (18.2%) are higher than last year (16.9%).
Past Earnings Growth Analysis
Earnings Trend: 8405's earnings have grown significantly by 31.5% per year over the past 5 years.
Accelerating Growth: 8405's earnings growth over the past year (46.6%) exceeds its 5-year average (31.5% per year).
Earnings vs Industry: 8405 earnings growth over the past year (46.6%) exceeded the Healthcare industry -9.1%.
Return on Equity
High ROE: 8405's Return on Equity (26.9%) 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?
6.52%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8405's dividend (6.52%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.13%).
High Dividend: 8405's dividend (6.52%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.66%).
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 (60.7%), 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?
3.9yrs
Average management tenure
CEO
Chi Tat Lui (46 yo)
3yrs
Tenure
HK$883,000
Compensation
Mr. Chi Tat Lui serves as an Executive Director at Hang Chi Holdings Limited since February 27, 2019. He started working as an apprentice in the renovation industry after his graduation from secondary scho...
CEO Compensation Analysis
Compensation vs Market: Chi Tat's total compensation ($USD113.88K) is below average for companies of similar size in the Hong Kong market ($USD229.46K).
Compensation vs Earnings: Chi Tat's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 3.92yrs | HK$588.00k | 3.57% HK$ 13.1m | |
| CEO & Executive Director | 3yrs | HK$883.00k | 9.01% HK$ 33.1m | |
| Compliance Officer & Executive Director | 3.92yrs | HK$872.00k | 0.010% HK$ 36.8k | |
| Executive Director | 3.92yrs | HK$868.00k | 0.0050% HK$ 18.4k | |
| CFO & Company Secretary | 3.92yrs | no data | no data | |
| Head of Human Resources | 3.92yrs | no data | no data |
3.9yrs
Average Tenure
52.5yo
Average Age
Experienced Management: 8405's management team is considered experienced (3.9 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 3.92yrs | HK$588.00k | 3.57% HK$ 13.1m | |
| CEO & Executive Director | 3yrs | HK$883.00k | 9.01% HK$ 33.1m | |
| Compliance Officer & Executive Director | 3.92yrs | HK$872.00k | 0.010% HK$ 36.8k | |
| Executive Director | 3.92yrs | HK$868.00k | 0.0050% HK$ 18.4k | |
| Non-Executive Director | 3.92yrs | HK$180.00k | no data | |
| Independent Non-Executive Director | 3.58yrs | HK$180.00k | no data | |
| Independent Non-Executive Director | 3.58yrs | HK$180.00k | no data | |
| Independent Non-Executive Director | 3.58yrs | HK$180.00k | no data |
3.8yrs
Average Tenure
62.5yo
Average Age
Experienced Board: 8405's board of directors are considered experienced (3.8 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$368.000m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 8405 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jul 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/18 10:16 |
| End of Day Share Price | 2021/01/18 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.