SEHK:1338

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BaWang International (Group) Holding

Market Cap

HK$322.6m

Last Updated

2021/07/29 17:07 UTC

Data Sources

Company Financials

Executive Summary

BaWang International (Group) Holding Limited, together with its subsidiaries, designs, manufactures, trades in, and distributes Chinese herbal products in the People's Republic of China, Hong Kong, Thailand, and Malaysia. More Details


Snowflake Analysis

Flawless balance sheet and slightly overvalued.

Share Price & News

How has BaWang International (Group) Holding's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1338 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 1338's weekly volatility has decreased from 18% to 6% over the past year.


Market Performance


7 Day Return

-1.9%

1338

-3.7%

HK Personal Products

-4.3%

HK Market


1 Year Return

14.6%

1338

-3.0%

HK Personal Products

8.2%

HK Market

Return vs Industry: 1338 exceeded the Hong Kong Personal Products industry which returned -3.9% over the past year.

Return vs Market: 1338 exceeded the Hong Kong Market which returned 5.3% over the past year.


Shareholder returns

1338IndustryMarket
7 Day-1.9%-3.7%-4.3%
30 Day-3.8%-8.0%-9.4%
90 Day-15.7%2.0%-9.8%
1 Year14.6%14.6%1.4%-3.0%12.0%8.2%
3 Year-54.1%-54.1%0.3%-10.2%10.0%-2.3%
5 Year-80.8%-80.8%-0.8%-16.5%38.9%14.3%

Long-Term Price Volatility Vs. Market

How volatile is BaWang International (Group) Holding's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is BaWang International (Group) Holding 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: 1338 (HK$0.1) is trading below our estimate of fair value (HK$0.45)

Significantly Below Fair Value: 1338 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1338 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Personal Products industry average.

PE vs Market: 1338 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1338's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1338 is overvalued based on its PB Ratio (1.7x) compared to the HK Personal Products industry average (0.7x).


Future Growth

How is BaWang International (Group) Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.1%

Forecasted Household 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 BaWang International (Group) 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.


Past Performance

How has BaWang International (Group) Holding performed over the past 5 years?

26.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1338 is currently unprofitable.

Growing Profit Margin: 1338 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1338 is unprofitable, but has reduced losses over the past 5 years at a rate of 26.8% per year.

Accelerating Growth: Unable to compare 1338's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1338 is unprofitable, making it difficult to compare its past year earnings growth to the Personal Products industry (-8%).


Return on Equity

High ROE: 1338 has a negative Return on Equity (-2.61%), as it is currently unprofitable.


Financial Health

How is BaWang International (Group) Holding's financial position?


Financial Position Analysis

Short Term Liabilities: 1338's short term assets (CN¥175.0M) exceed its short term liabilities (CN¥109.5M).

Long Term Liabilities: 1338's short term assets (CN¥175.0M) exceed its long term liabilities (CN¥325.0K).


Debt to Equity History and Analysis

Debt Level: 1338 is debt free.

Reducing Debt: 1338 has no debt compared to 5 years ago when its debt to equity ratio was 123.4%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 1338 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 1338 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 56% per year.


Dividend

What is BaWang International (Group) Holding current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1338's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1338'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 1338's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1338's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1338 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 1338'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?

6.8yrs

Average board tenure


CEO

Zheng He Chen (32 yo)

5.58yrs

Tenure

CN¥139,000

Compensation

Mr. Zheng He Chen has been the Chief Executive Officer and Executive Director of BaWang International (Group) Holding Limited since December 9, 2015 and October 20, 2014 respectively. Mr. Chen was appointe...


CEO Compensation Analysis

Compensation vs Market: Zheng He's total compensation ($USD21.41K) is below average for companies of similar size in the Hong Kong market ($USD228.19K).

Compensation vs Earnings: Zheng He's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: 1338's board of directors are considered experienced (6.8 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

BaWang International (Group) Holding Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: BaWang International (Group) Holding Limited
  • Ticker: 1338
  • Exchange: SEHK
  • Founded: 2007
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: HK$322.569m
  • Shares outstanding: 3.16b
  • Website: https://www.bawang.com.cn

Number of Employees


Location

  • BaWang International (Group) Holding Limited
  • Bawang Industrial Complex
  • 468 Guanghua 3rd Road
  • Guangzhou
  • Guangdong Province
  • 510450
  • China

Listings


Biography

BaWang International (Group) Holding Limited, together with its subsidiaries, designs, manufactures, trades in, and distributes Chinese herbal products in the People's Republic of China, Hong Kong, Thailan...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/29 17:07
End of Day Share Price2021/07/29 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.