Da Ming International Holdings Limited processes, distributes, and sells stainless steel and carbon steel products in the People’s Republic of China and internationally.
Solid track record and fair value.
Share Price & News
How has Da Ming International Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1090's share price has been volatile over the past 3 months.
7 Day Return
HK Metals and Mining
1 Year Return
HK Metals and Mining
Return vs Industry: 1090 underperformed the Hong Kong Metals and Mining industry which returned -37.6% over the past year.
Return vs Market: 1090 underperformed the Hong Kong Market which returned -20.4% over the past year.
Price Volatility Vs. Market
How volatile is Da Ming International Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 days ago | Simply Wall StImagine Owning Da Ming International Holdings (HKG:1090) And Trying To Stomach The 70% Share Price Drop
1 month ago | Simply Wall StDa Ming International Holdings (HKG:1090) Use Of Debt Could Be Considered Risky
1 month ago | Simply Wall StAre Da Ming International Holdings Limited’s (HKG:1090) High Returns Really That Great?
Is Da Ming International Holdings 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: 1090 (HK$1.11) is trading above our estimate of fair value (HK$0.86)
Significantly Below Fair Value: 1090 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1090 is good value based on its PE Ratio (7x) compared to the Metals and Mining industry average (9.2x).
PE vs Market: 1090 is good value based on its PE Ratio (7x) compared to the Hong Kong market (9.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1090's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1090 is good value based on its PB Ratio (0.5x) compared to the HK Metals and Mining industry average (0.6x).
How is Da Ming International Holdings 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 Da Ming International 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.
- Examine whether Da Ming International 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.
- Da Ming International Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Da Ming International Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1090 has high quality earnings.
Growing Profit Margin: 1090's current net profit margins (0.5%) are higher than last year (0.3%).
Past Earnings Growth Analysis
Earnings Trend: 1090's earnings have grown significantly by 27.9% per year over the past 5 years.
Accelerating Growth: 1090's earnings growth over the past year (62%) exceeds its 5-year average (27.9% per year).
Earnings vs Industry: 1090 earnings growth over the past year (62%) exceeded the Metals and Mining industry -17.1%.
Return on Equity
High ROE: 1090's Return on Equity (6.7%) is considered low.
How is Da Ming International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1090's short term assets (CN¥5.2B) do not cover its short term liabilities (CN¥6.9B).
Long Term Liabilities: 1090's short term assets (CN¥5.2B) exceed its long term liabilities (CN¥455.2M).
Debt to Equity History and Analysis
Debt Level: 1090's debt to equity ratio (171.6%) is considered high.
Reducing Debt: 1090's debt to equity ratio has increased from 93.9% to 171.6% over the past 5 years.
Debt Coverage: 1090's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: 1090's interest payments on its debt are not well covered by EBIT (2.4x coverage).
Inventory Level: 1090 has a high level of physical assets or inventory.
Debt Coverage by Assets: 1090's debt is covered by short term assets (assets are 1x debt).
What is Da Ming International Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1090's dividend (5.41%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.56%).
High Dividend: 1090's dividend (5.41%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.14%).
Stability and Growth of Payments
Stable Dividend: 1090 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1090's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37%), 1090's dividend payments are 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 board tenure
Changhong Jiang (55yo)
Mr. Changhong Jiang has been Executive Director of Da Ming International Holdings Limited since September 26, 2016 and serves as its Chief Executive Officer since April 18, 2018. Mr. Jiang served as Vice P ...
CEO Compensation Analysis
Compensation vs Market: Changhong's total compensation ($USD172.27K) is below average for companies of similar size in the Hong Kong market ($USD301.13K).
Compensation vs Earnings: Changhong's compensation has been consistent with company performance over the past year.
|Co-Founder & Chairman||no data||CN¥1.23m||0.0045% CN¥63.9k|
|CEO & Executive Director||2yrs||CN¥1.22m||0.031% CN¥437.8k|
|Vice Chairman||2yrs||CN¥1.17m||0.41% CN¥5.8m|
|Co-Founder & Vice-Chairman||2yrs||CN¥1.17m||0.0048% CN¥68.4k|
|Executive Director||5.5yrs||CN¥1.02m||0.14% CN¥1.9m|
|Executive Director||5.5yrs||CN¥1.40m||0.11% CN¥1.6m|
|Executive Director||2.92yrs||CN¥1.42m||0.11% CN¥1.6m|
|Independent Non-Executive Director||13.08yrs||CN¥257.00k||no data|
|Independent Non-Executive Director||13.08yrs||CN¥257.00k||no data|
|Independent Non-Executive Director||5.67yrs||CN¥257.00k||no data|
Experienced Board: 1090's board of directors are considered experienced (5.5 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.
Da Ming International Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Da Ming International Holdings Limited
- Ticker: 1090
- Exchange: SEHK
- Founded: 2007
- Industry: Steel
- Sector: Materials
- Market Cap: HK$1.420b
- Shares outstanding: 1.25b
- Website: https://www.dmssc.net
Number of Employees
- Da Ming International Holdings Limited
- No. 1518, Tong Jiang Road
- Jiangsu Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1090||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Dec 2010|
|DM7||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2010|
Da Ming International Holdings Limited processes, distributes, and sells stainless steel and carbon steel products in the People’s Republic of China and internationally. It offers high strength steel, wear-resistant steel, regular stainless steel, duel phase steel, heat-resistant steel, nickel based alloy, super austenitic-steel, and 6mo steel. The company is also involved in the purchase and sale of metal materials; and distribution and sale of fixed assets. It serves machineries, distributors, petrochemical, home hardware and appliances, automobile and transport, construction, renewable energy, and other industries. The company was incorporated in 2007 and is headquartered in Wuxi, the People’s Republic of China. Da Ming International Holdings Limited is a subsidiary of Ally Good Group Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/02 13:47|
|End of Day Share Price||2020/04/02 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.