SEHK:1962

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Evergreen Products Group

Market Cap

HK$315.6m

Last Updated

2021/07/30 18:16 UTC

Data Sources

Company Financials +

Executive Summary

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. More Details


Snowflake Analysis

Fair value with mediocre balance sheet.

Share Price & News

How has Evergreen Products Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1962 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: 1962's weekly volatility (10%) has been stable over the past year.


Market Performance


7 Day Return

-9.8%

1962

-4.3%

HK Personal Products

-4.7%

HK Market


1 Year Return

-72.8%

1962

-3.7%

HK Personal Products

7.4%

HK Market

Return vs Industry: 1962 underperformed the Hong Kong Personal Products industry which returned -3% over the past year.

Return vs Market: 1962 underperformed the Hong Kong Market which returned 8.2% over the past year.


Shareholder returns

1962IndustryMarket
7 Day-9.8%-4.3%-4.7%
30 Day-38.7%-8.6%-10.1%
90 Day-56.2%1.3%-10.6%
1 Year-72.8%-72.8%0.6%-3.7%11.1%7.4%
3 Year-71.4%-72.9%-0.4%-10.9%9.5%-2.7%
5 Yearn/a-1.4%-17.1%37.8%13.4%

Long-Term Price Volatility Vs. Market

How volatile is Evergreen Products Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Evergreen Products Group 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: 1962 (HK$0.46) is trading below our estimate of fair value (HK$1.8)

Significantly Below Fair Value: 1962 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1962 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Personal Products industry average.

PE vs Market: 1962 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 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 (0.4x) compared to the HK Personal Products industry average (0.7x).


Future Growth

How is Evergreen Products Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

13.7%

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 (13.7% per year) is forecast to grow faster than the Hong Kong market (12.4% per year).

High Growth Revenue: 1962's revenue (13.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1962's Return on Equity is forecast to be low in 3 years time (11.3%).


Past Performance

How has Evergreen Products Group performed over the past 5 years?

-6.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1962 is currently unprofitable.

Growing Profit Margin: 1962 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1962 is unprofitable, and losses have increased over the past 5 years at a rate of 6% per year.

Accelerating Growth: Unable to compare 1962's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1962 is unprofitable, making it difficult to compare its past year earnings growth to the Personal Products industry (-8%).


Return on Equity

High ROE: 1962 has a negative Return on Equity (-2.06%), as it is currently unprofitable.


Financial Health

How is Evergreen Products Group's financial position?


Financial Position Analysis

Short Term Liabilities: 1962's short term assets (HK$980.2M) exceed its short term liabilities (HK$859.6M).

Long Term Liabilities: 1962's short term assets (HK$980.2M) exceed its long term liabilities (HK$24.6M).


Debt to Equity History and Analysis

Debt Level: 1962's debt to equity ratio (89.5%) is considered high.

Reducing Debt: 1962's debt to equity ratio has reduced from 124.7% to 89.5% over the past 5 years.

Debt Coverage: 1962's debt is not well covered by operating cash flow (10.1%).

Interest Coverage: 1962's interest payments on its debt are not well covered by EBIT (0.6x coverage).


Balance Sheet


Dividend

What is Evergreen Products Group current dividend yield, its reliability and sustainability?

6.23%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1962's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1962'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 1962's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1962's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1962 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 1962'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?

2.7yrs

Average management tenure


CEO

Felix Chang (55 yo)

4.83yrs

Tenure

HK$1,630,000

Compensation

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 ($USD209.72K) is about average for companies of similar size in the Hong Kong market ($USD227.58K).

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


Leadership Team

Experienced Management: 1962's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: 1962's board of directors are considered experienced (4.5 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 3.8%.


Top Shareholders

Company Information

Evergreen Products Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Evergreen Products Group Limited
  • Ticker: 1962
  • Exchange: SEHK
  • Founded: 1962
  • Industry: Personal Products
  • Sector: Household
  • Market Cap: HK$315.598m
  • Shares outstanding: 686.08m
  • Website: https://www.epfhk.com

Number of Employees


Location

  • Evergreen Products Group Limited
  • Chiap Luen Industrial Building
  • 11th Floor
  • Kwai Chung
  • New Territories
  • Hong Kong

Listings


Biography

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, G...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/07/30 18:16
End of Day Share Price2021/07/30 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.