Ngai Hing Hong Company Limited, an investment holding company, manufactures and trades plastic materials, pigments, colorants, compounded plastic resins, engineering plastics, and biodegradable plastics in the People’s Republic of China.
Imperfect balance sheet and overvalued.
Share Price & News
How has Ngai Hing Hong's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1047 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 1047 exceeded the Hong Kong Chemicals industry which returned -32.6% over the past year.
Return vs Market: 1047 underperformed the Hong Kong Market which returned -5.1% over the past year.
Price Volatility Vs. Market
How volatile is Ngai Hing Hong's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StThese 4 Measures Indicate That Ngai Hing Hong (HKG:1047) Is Using Debt In A Risky Way
1 month ago | Simply Wall StImagine Owning Ngai Hing Hong (HKG:1047) While The Price Tanked 55%
1 month ago | Simply Wall StWe Wouldn't Rely On Ngai Hing Hong's (HKG:1047) Statutory Earnings As A Guide
Is Ngai Hing Hong 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: Insufficient data to calculate 1047's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 1047's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 1047 is poor value based on its PE Ratio (19.9x) compared to the Chemicals industry average (7.2x).
PE vs Market: 1047 is poor value based on its PE Ratio (19.9x) compared to the Hong Kong market (10.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1047's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1047 is good value based on its PB Ratio (0.3x) compared to the HK Chemicals industry average (0.8x).
How is Ngai Hing Hong forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials 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 Ngai Hing Hong 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.
- Take a look at our analysis of 1047’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Ngai Hing Hong competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Ngai Hing Hong performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1047 has a large one-off gain of HK$16.0M impacting its June 30 2019 financial results.
Growing Profit Margin: 1047's current net profit margins (0.4%) are lower than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: 1047's earnings have grown significantly by 34.6% per year over the past 5 years.
Accelerating Growth: 1047's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1047 had negative earnings growth (-83.1%) over the past year, making it difficult to compare to the Chemicals industry average (21.4%).
Return on Equity
High ROE: 1047's Return on Equity (2.2%) is considered low.
Return on Assets
Return on Capital Employed
How is Ngai Hing Hong's financial position?
Financial Position Analysis
Short Term Liabilities: 1047's short term assets (HK$712.4M) exceed its short term liabilities (HK$500.6M).
Long Term Liabilities: 1047's short term assets (HK$712.4M) exceed its long term liabilities (HK$6.7M).
Debt to Equity History and Analysis
Debt Level: 1047's debt to equity ratio (79.4%) is considered high.
Reducing Debt: 1047's debt to equity ratio has increased from 59.8% to 79.4% over the past 5 years.
Debt Coverage: 1047's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1047's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Inventory Level: 1047 has a high level of physical assets or inventory.
Debt Coverage by Assets: 1047's debt is covered by short term assets (assets are 1.8x debt).
What is Ngai Hing Hong's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1047's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 1047's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 1047's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1047's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 1047 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1047's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kwok Kwong Hui (70yo)
Mr. Kwok Kwong Hui is a Co-founder of Ngai Hing Hong Co. Ltd. and serves as its Deputy Chairman and Managing Director. Mr. Hui is responsible for the overall operations and administration of Ngai Hing Hong ...
CEO Compensation Analysis
Compensation vs Market: Kwok Kwong's total compensation ($USD579.19K) is above average for companies of similar size in the Hong Kong market ($USD226.20K).
Compensation vs Earnings: Kwok Kwong's compensation has been consistent with company performance over the past year.
|Co-Founder & Chairman||0yrs||HK$4.50m||4.52% HK$7.0m|
|Technology Development Director-Greater China Dept||9.4yrs||HK$2.03m||no data|
|Executive Director & GM of Dongguan Ngai Hing Plastic Materials Limited||1.2yrs||HK$1.04m||no data|
|Executive Director||3.1yrs||HK$1.36m||no data|
|Executive Director||1.2yrs||HK$708.00k||0.068% HK$105.0k|
|GM & Director of Ngai Hing Hong Plastic Materials (Hong Kong) Limited||0yrs||no data||no data|
|Independent Non-Executive Director||0yrs||HK$250.00k||no data|
|Independent Non-Executive Director||11yrs||HK$200.00k||no data|
|Independent Non-Executive Director||0yrs||HK$200.00k||no data|
Experienced Board: 1047's board of directors are considered experienced (3.1 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ngai Hing Hong Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Ngai Hing Hong Company Limited
- Ticker: 1047
- Exchange: SEHK
- Founded: 1970
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: HK$155.064m
- Shares outstanding: 369.20m
- Website: https://www.nhh.com.hk
Number of Employees
- Ngai Hing Hong Company Limited
- Hopeful Factory Centre
- Unit 3, 6th Floor
- New Territories
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1047||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jun 1994|
Ngai Hing Hong Company Limited, an investment holding company, manufactures and trades plastic materials, pigments, colorants, compounded plastic resins, engineering plastics, and biodegradable plastics in the People’s Republic of China. The company operates through Trading, Colorants, Engineering Plastics, and Others segments. It is also involved in the property holding activities. The company was founded in 1970 and is headquartered in Shatin, Hong Kong. Ngai Hing Hong Company Limited is a subsidiary of Good Benefit Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 12:45|
|End of Day Share Price||2020/02/19 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.