1553 Stock Overview
Maike Tube Industry Holdings Limited, through its subsidiaries, manufactures and sells standard prefabricated pipe nipples and steel pipe products in the People’s Republic of China, the United States, rest of Asia, Europe, and internationally.
Maike Tube Industry Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$1.67|
|52 Week High||HK$1.69|
|52 Week Low||HK$1.20|
|1 Month Change||15.17%|
|3 Month Change||4.38%|
|1 Year Change||7.05%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-22.33%|
Recent News & Updates
Estimating The Fair Value Of Maike Tube Industry Holdings Limited (HKG:1553)
In this article we are going to estimate the intrinsic value of Maike Tube Industry Holdings Limited ( HKG:1553 ) by...
Maike Tube Industry Holdings (HKG:1553) Has Announced That Its Dividend Will Be Reduced To HK$0.10
Maike Tube Industry Holdings Limited's ( HKG:1553 ) dividend is being reduced to HK$0.10 on the 6th of July. This means...
|1553||HK Metals and Mining||HK Market|
Return vs Industry: 1553 exceeded the Hong Kong Metals and Mining industry which returned -32.2% over the past year.
Return vs Market: 1553 exceeded the Hong Kong Market which returned -21.6% over the past year.
|1553 Average Weekly Movement||6.5%|
|Metals and Mining Industry Average Movement||6.1%|
|Market Average Movement||6.5%|
|10% most volatile stocks in HK Market||12.6%|
|10% least volatile stocks in HK Market||3.2%|
Stable Share Price: 1553 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 1553's weekly volatility (7%) has been stable over the past year.
About the Company
Maike Tube Industry Holdings Limited, through its subsidiaries, manufactures and sells standard prefabricated pipe nipples and steel pipe products in the People’s Republic of China, the United States, rest of Asia, Europe, and internationally. The company’s products include standard prefabricated steel, stainless, and brass pipe nipples, as well as coupling/sockets, welded outlets, and others; electric resistance welding and spiral submerged arc welded steel pipes; assembled piping systems; conduits; and customized steel pipes. It also engages in the design and supply of assembled piping systems.
Maike Tube Industry Holdings Fundamentals Summary
|1553 fundamental statistics|
Is 1553 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1553 income statement (TTM)|
|Cost of Revenue||CN¥1.45b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 26, 2022
|Earnings per share (EPS)||0.27|
|Net Profit Margin||6.53%|
How did 1553 perform over the long term?See historical performance and comparison
5.6%Current Dividend Yield
Is 1553 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 1/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 1553?
Other financial metrics that can be useful for relative valuation.
|What is 1553's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 1553's PE Ratio compare to its peers?
|1553 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
1203 GDH Guangnan (Holdings)
1118 Golik Holdings
103 Shougang Century Holdings
1266 Xiwang Special Steel
1553 Maike Tube Industry Holdings
Price-To-Earnings vs Peers: 1553 is good value based on its Price-To-Earnings Ratio (5.4x) compared to the peer average (6x).
Price to Earnings Ratio vs Industry
How does 1553's PE Ratio compare vs other companies in the HK Metals and Mining Industry?
Price-To-Earnings vs Industry: 1553 is expensive based on its Price-To-Earnings Ratio (5.4x) compared to the Hong Kong Metals and Mining industry average (5.4x)
Price to Earnings Ratio vs Fair Ratio
What is 1553's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||5.4x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 1553's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 1553 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 1553 (HK$1.67) is trading above our estimate of fair value (HK$1.47)
Significantly Below Fair Value: 1553 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Maike Tube Industry Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Maike Tube Industry 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.
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- Examine Maike Tube Industry Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Maike Tube Industry Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Maike Tube Industry Holdings performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1553 has a high level of non-cash earnings.
Growing Profit Margin: 1553's current net profit margins (6.5%) are lower than last year (7.9%).
Past Earnings Growth Analysis
Earnings Trend: 1553's earnings have grown significantly by 26.6% per year over the past 5 years.
Accelerating Growth: 1553's earnings growth over the past year (16.6%) is below its 5-year average (26.6% per year).
Earnings vs Industry: 1553 earnings growth over the past year (16.6%) underperformed the Metals and Mining industry 44.6%.
Return on Equity
High ROE: 1553's Return on Equity (13.9%) is considered low.
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How is Maike Tube Industry Holdings's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 1553's short term assets (CN¥817.7M) exceed its short term liabilities (CN¥381.5M).
Long Term Liabilities: 1553's short term assets (CN¥817.7M) exceed its long term liabilities (CN¥14.5M).
Debt to Equity History and Analysis
Debt Level: 1553's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: 1553's debt to equity ratio has reduced from 148% to 20% over the past 5 years.
Debt Coverage: 1553's debt is not well covered by operating cash flow (13.6%).
Interest Coverage: 1553's interest payments on its debt are well covered by EBIT (20.7x coverage).
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What is Maike Tube Industry Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1553's dividend (5.63%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.85%).
High Dividend: 1553's dividend (5.63%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.26%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 1553's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 1553's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.5%), 1553's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1553 is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Lei Guo (43 yo)
Mr. Lei Guo is an Executive Director, Chief Executive Officer and General Manager at Maike Tube Industry Holdings Limited. He joined Maike Tube Industry Holdings Limited in October 2016 and was subsequentl...
CEO Compensation Analysis
Compensation vs Market: Lei's total compensation ($USD307.74K) is about average for companies of similar size in the Hong Kong market ($USD246.34K).
Compensation vs Earnings: Lei's compensation has increased by more than 20% in the past year.
Experienced Management: 1553's management team is considered experienced (3.3 years average tenure).
Experienced Board: 1553's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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.
Maike Tube Industry Holdings Limited's employee growth, exchange listings and data sources
- Name: Maike Tube Industry Holdings Limited
- Ticker: 1553
- Exchange: SEHK
- Founded: 2013
- Industry: Steel
- Sector: Materials
- Implied Market Cap: HK$724.446m
- Shares outstanding: 433.80m
- Website: https://www.mechpipingtech.com
Number of Employees
- Maike Tube Industry Holdings Limited
- No. 4 Meide Street
- Meigui Zone of Industrial Park
- Shandong Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/15 00:00|
|End of Day Share Price||2022/08/15 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.