GDH Guangnan (Holdings) Limited, an investment holding company, manufactures and sells tinplates and related products primarily in Hong Kong and Mainland China. More Details
Excellent balance sheet and fair value.
Share Price & News
How has GDH Guangnan (Holdings)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1203 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 1203's weekly volatility (4%) has been stable over the past year.
7 Day Return
HK Metals and Mining
1 Year Return
HK Metals and Mining
Return vs Industry: 1203 underperformed the Hong Kong Metals and Mining industry which returned 155.4% over the past year.
Return vs Market: 1203 underperformed the Hong Kong Market which returned 25.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is GDH Guangnan (Holdings)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StGDH Guangnan (Holdings) (HKG:1203) Will Be Hoping To Turn Its Returns On Capital Around
2 months ago | Simply Wall StIs GDH Guangnan (Holdings) Limited's (HKG:1203) 5.5% Dividend Worth Your Time?
Is GDH Guangnan (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: 1203 (HK$0.69) is trading above our estimate of fair value (HK$0.37)
Significantly Below Fair Value: 1203 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1203 is good value based on its PE Ratio (9x) compared to the HK Metals and Mining industry average (10.9x).
PE vs Market: 1203 is good value based on its PE Ratio (9x) compared to the Hong Kong market (11.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1203's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1203 is good value based on its PB Ratio (0.2x) compared to the HK Metals and Mining industry average (0.8x).
How is GDH Guangnan (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 GDH Guangnan (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.
How has GDH Guangnan (Holdings) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1203 has a large one-off loss of HK$31.8M impacting its December 31 2020 financial results.
Growing Profit Margin: 1203's current net profit margins (2.8%) are higher than last year (2.3%).
Past Earnings Growth Analysis
Earnings Trend: 1203's earnings have declined by 2.6% per year over the past 5 years.
Accelerating Growth: 1203's earnings growth over the past year (28.8%) exceeds its 5-year average (-2.6% per year).
Earnings vs Industry: 1203 earnings growth over the past year (28.8%) underperformed the Metals and Mining industry 45.6%.
Return on Equity
High ROE: 1203's Return on Equity (2.6%) is considered low.
How is GDH Guangnan (Holdings)'s financial position?
Financial Position Analysis
Short Term Liabilities: 1203's short term assets (HK$2.0B) exceed its short term liabilities (HK$492.7M).
Long Term Liabilities: 1203's short term assets (HK$2.0B) exceed its long term liabilities (HK$38.3M).
Debt to Equity History and Analysis
Debt Level: 1203's debt to equity ratio (2.1%) is considered satisfactory.
Reducing Debt: 1203's debt to equity ratio has reduced from 13.5% to 2.1% over the past 5 years.
Debt Coverage: 1203's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1203 earns more interest than it pays, so coverage of interest payments is not a concern.
What is GDH Guangnan (Holdings) current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 1203's dividend (3.62%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.95%).
High Dividend: 1203's dividend (3.62%) is low compared to the top 25% of dividend payers in the Hong Kong market (5.99%).
Stability and Growth of Payments
Stable Dividend: 1203's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1203's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.5%), 1203's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jinzhou He (47 yo)
Mr. Jinzhou He has been General Manager and Executive Director of GDH Guangnan (Holdings) Limited (formerly known as Guangnan (Holdings) Limited) since October 28, 2016. Mr. He served as Deputy General Man...
CEO Compensation Analysis
Compensation vs Market: Jinzhou's total compensation ($USD185.54K) is about average for companies of similar size in the Hong Kong market ($USD229.86K).
Compensation vs Earnings: Jinzhou's compensation has increased by more than 20% in the past year.
Experienced Management: 1203's management team is not considered experienced ( 1.5 years average tenure), which suggests a new team.
Experienced Board: 1203's board of directors are considered experienced (3.5 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.
GDH Guangnan (Holdings) Limited's company bio, employee growth, exchange listings and data sources
- Name: GDH Guangnan (Holdings) Limited
- Ticker: 1203
- Exchange: SEHK
- Founded: 1982
- Industry: Steel
- Sector: Materials
- Market Cap: HK$626.239m
- Shares outstanding: 907.59m
- Website: https://www.gdguangnan.com
Number of Employees
- GDH Guangnan (Holdings) Limited
- Tesbury Centre
- 22nd Floor
- Hong Kong
- Hong Kong
GDH Guangnan (Holdings) Limited, an investment holding company, manufactures and sells tinplates and related products primarily in Hong Kong and Mainland China. It operates through three divisions: Tinplat...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/10 10:24|
|End of Day Share Price||2021/05/10 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.