Evergreen Products Group Limited, an investment holding company, designs, manufactures, trades in, and sells hair products in the United States, the People’s Republic of China, the United Kingdom, Japan, Germany, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.95|
|52 Week High||HK$0.41|
|52 Week Low||HK$1.74|
|1 Month Change||58.33%|
|3 Month Change||106.52%|
|1 Year Change||-37.09%|
|3 Year Change||-38.31%|
|5 Year Change||n/a|
|Change since IPO||-22.13%|
Recent News & Updates
Evergreen Products Group (HKG:1962) Could Be Struggling To Allocate Capital
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Does Evergreen Products Group (HKG:1962) Have A Healthy Balance Sheet?
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|1962||HK Personal Products||HK Market|
Return vs Industry: 1962 underperformed the Hong Kong Personal Products industry which returned 3.2% over the past year.
Return vs Market: 1962 underperformed the Hong Kong Market which returned 5.9% over the past year.
Stable Share Price: 1962 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: 1962's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
Evergreen Products Group Limited, an investment holding company, designs, manufactures, trades in, and sells hair products in the United States, the People’s Republic of China, the United Kingdom, Japan, Germany, and internationally. The company offers fashion wigs, including long, medium and short, and half wigs; lace wigs, such as lace front, parting, braided, and 4x4 lace wigs; hairpieces and accessories comprising Melrose clips, drawstrings, domes/buns, and head band pieces; hair extensions and weaving products; men’s wigs and toupees; Halloween wigs; costumes; moustaches and beards; and doll wigs. It is also involved in the technological development of hair products; property investment and holding activities; trading of hair products through internet; trading of fibers; and exporting and importing of hair products.
Evergreen Products Group Fundamentals Summary
|1962 fundamental statistics|
Is 1962 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1962 income statement (TTM)|
|Cost of Revenue||HK$888.37m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0081|
|Net Profit Margin||0.52%|
How did 1962 perform over the long term?See historical performance and comparison
2.7%Current Dividend Yield
Is Evergreen Products Group undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1962 (HK$0.95) is trading above our estimate of fair value (HK$0.29)
Significantly Below Fair Value: 1962 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1962 is poor value based on its PE Ratio (117.6x) compared to the Hong Kong Personal Products industry average (17x).
PE vs Market: 1962 is poor value based on its PE Ratio (117.6x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1962's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1962 is good value based on its PB Ratio (0.7x) compared to the HK Personal Products industry average (1x).
How is Evergreen Products Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if 1962's forecast earnings growth is above the savings rate (1.5%).
Earnings vs Market: Insufficient data to determine if 1962's earnings are forecast to grow faster than the Hong Kong market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1962's revenue (1% per year) is forecast to grow slower than the Hong Kong market (12.5% per year).
High Growth Revenue: 1962's revenue (1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 1962's Return on Equity is forecast to be high in 3 years time
How has Evergreen Products Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1962 has a large one-off loss of HK$4.6M impacting its June 30 2021 financial results.
Growing Profit Margin: 1962's current net profit margins (0.5%) are lower than last year (6.4%).
Past Earnings Growth Analysis
Earnings Trend: 1962's earnings have declined by 19.9% per year over the past 5 years.
Accelerating Growth: 1962's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1962 had negative earnings growth (-88.7%) over the past year, making it difficult to compare to the Personal Products industry average (-2.2%).
Return on Equity
High ROE: 1962's Return on Equity (0.7%) is considered low.
How is Evergreen Products Group's financial position?
Financial Position Analysis
Short Term Liabilities: 1962's short term assets (HK$930.9M) exceed its short term liabilities (HK$777.4M).
Long Term Liabilities: 1962's short term assets (HK$930.9M) exceed its long term liabilities (HK$25.4M).
Debt to Equity History and Analysis
Debt Level: 1962's debt to equity ratio (76.8%) is considered high.
Reducing Debt: 1962's debt to equity ratio has reduced from 250.9% to 76.8% over the past 5 years.
Debt Coverage: 1962's debt is not well covered by operating cash flow (15.6%).
Interest Coverage: 1962's interest payments on its debt are not well covered by EBIT (1.6x coverage).
What is Evergreen Products Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1962's dividend (2.74%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.22%).
High Dividend: 1962's dividend (2.74%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.77%).
Stability and Growth of Payments
Stable Dividend: 1962 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1962 has only been paying a dividend for 4 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (159.5%), 1962's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Felix Chang (55 yo)
Mr. Chang Yoe Chong, also known as Felix, serves as the Chairman of Evergreen Products Group Limited and also has been its Chief Executive Officer and Executive Director since September 09, 2016 and May 19...
CEO Compensation Analysis
Compensation vs Market: Felix's total compensation ($USD209.68K) is about average for companies of similar size in the Hong Kong market ($USD227.73K).
Compensation vs Earnings: Felix's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: 1962's management team is considered experienced (2.9 years average tenure).
Experienced Board: 1962's board of directors are considered experienced (5.1 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Evergreen Products Group Limited's employee growth, exchange listings and data sources
- Name: Evergreen Products Group Limited
- Ticker: 1962
- Exchange: SEHK
- Founded: 1962
- Industry: Personal Products
- Sector: Household
- Market Cap: HK$651.778m
- Shares outstanding: 686.08m
- Website: https://www.epfhk.com
Number of Employees
- Evergreen Products Group Limited
- Chiap Luen Industrial Building
- 11th Floor
- Kwai Chung
- New Territories
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:58|
|End of Day Share Price||2021/10/25 00:00|
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.