Executive Summary
Pacific Millennium Packaging Group Corporation, an investment holding company, manufactures and sells packaging materials in the People’s Republic of China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Solid track record with adequate balance sheet.
Similar Companies
Share Price & News
How has Pacific Millennium Packaging Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1820 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 1% a week.
Volatility Over Time: 1820's weekly volatility (1%) has been stable over the past year.
Market Performance
7 Day Return
4.7%
1820
0.1%
HK Packaging
2.2%
HK Market
1 Year Return
22.3%
1820
14.3%
HK Packaging
7.2%
HK Market
Return vs Industry: 1820 exceeded the Hong Kong Packaging industry which returned 12.2% over the past year.
Return vs Market: 1820 exceeded the Hong Kong Market which returned 7.5% over the past year.
Shareholder returns
| 1820 | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.7% | 0.1% | 2.2% |
| 30 Day | 4.7% | 6.8% | 8.4% |
| 90 Day | 16.4% | 17.8% | 15.6% |
| 1 Year | 28.3%22.3% | 20.4%14.3% | 11.4%7.2% |
| 3 Year | n/a | -27.4%-37.2% | -3.4%-13.5% |
| 5 Year | n/a | 2.2%-17.7% | 65.4%37.4% |
Long-Term Price Volatility Vs. Market
How volatile is Pacific Millennium Packaging Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
You Have To Love Pacific Millennium Packaging Group Corporation's (HKG:1820) Dividend1 month ago | Simply Wall St
Here's What To Make Of Pacific Millennium Packaging Group's (HKG:1820) Returns On CapitalValuation
Is Pacific Millennium Packaging Group undervalued compared to its fair value and its price relative to the market?
49.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1820 (HK$5.75) is trading below our estimate of fair value (HK$11.33)
Significantly Below Fair Value: 1820 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1820 is poor value based on its PE Ratio (17.8x) compared to the HK Packaging industry average (11.7x).
PE vs Market: 1820 is poor value based on its PE Ratio (17.8x) compared to the Hong Kong market (11.5x).
Price to Earnings Growth Ratio
PEG Ratio: 1820 is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: 1820 is overvalued based on its PB Ratio (2.3x) compared to the HK Packaging industry average (0.7x).
Next Steps
Future Growth
How is Pacific Millennium Packaging Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
14.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1820's forecast earnings growth (14.2% per year) is above the savings rate (1.5%).
Earnings vs Market: 1820's earnings (14.2% per year) are forecast to grow slower than the Hong Kong market (21% per year).
High Growth Earnings: 1820's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1820's revenue (12.9% per year) is forecast to grow slower than the Hong Kong market (14.1% per year).
High Growth Revenue: 1820's revenue (12.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1820's Return on Equity is forecast to be low in 3 years time (10.3%).
Next Steps
Past Performance
How has Pacific Millennium Packaging Group performed over the past 5 years?
11.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1820 has high quality earnings.
Growing Profit Margin: 1820's current net profit margins (4.1%) are higher than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: 1820's earnings have grown by 11.6% per year over the past 5 years.
Accelerating Growth: 1820's earnings growth over the past year (13.8%) exceeds its 5-year average (11.6% per year).
Earnings vs Industry: 1820 earnings growth over the past year (13.8%) exceeded the Packaging industry 5.2%.
Return on Equity
High ROE: 1820's Return on Equity (12.7%) is considered low.
Next Steps
Financial Health
How is Pacific Millennium Packaging Group's financial position?
Financial Position Analysis
Short Term Liabilities: 1820's short term assets (CN¥892.5M) exceed its short term liabilities (CN¥707.2M).
Long Term Liabilities: 1820's short term assets (CN¥892.5M) exceed its long term liabilities (CN¥186.8M).
Debt to Equity History and Analysis
Debt Level: 1820's debt to equity ratio (43.7%) is considered high.
Reducing Debt: Insufficient data to determine if 1820's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1820's debt is well covered by operating cash flow (56.7%).
Interest Coverage: 1820's interest payments on its debt are well covered by EBIT (5.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Pacific Millennium Packaging Group current dividend yield, its reliability and sustainability?
4.68%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1820's dividend (4.68%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.13%).
High Dividend: 1820's dividend (4.68%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.66%).
Stability and Growth of Payments
Stable Dividend: 1820 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1820's dividend payments have increased, but the company has only paid a dividend for 2 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (24.8%), 1820's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1820's dividends in 3 years are forecast to be well covered by earnings (24.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
3.0yrs
Average management tenure
CEO
Pacific Millennium Packaging Group has no CEO, or we have no data on them.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 3yrs | CN¥2.20m | no data | |
| Corporate Controller | 3yrs | no data | no data | |
| Corporate Technical Director | 3yrs | no data | no data | |
| Corporate Human Resources & Administration Director | 3yrs | no data | no data | |
| Company Secretary | no data | no data | no data |
3.0yrs
Average Tenure
56yo
Average Age
Experienced Management: 1820's management team is considered experienced (3 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 3yrs | CN¥2.20m | no data | |
| Independent Non-Executive Director | 2.17yrs | CN¥211.00k | no data | |
| Independent Non-Executive Director | 2.17yrs | CN¥211.00k | no data | |
| Non-Executive Director | 3yrs | CN¥211.00k | 0.75% CN¥ 13.0m | |
| Independent Non-Executive Director | 2.17yrs | CN¥211.00k | no data | |
| Non-Executive Director | 1.08yrs | CN¥6.00k | 0.48% CN¥ 8.3m |
2.2yrs
Average Tenure
64yo
Average Age
Experienced Board: 1820's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Pacific Millennium Packaging Group Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Pacific Millennium Packaging Group Corporation
- Ticker: 1820
- Exchange: SEHK
- Founded: 1994
- Industry: Paper Packaging
- Sector: Materials
- Market Cap: HK$1.729b
- Shares outstanding: 300.63m
- Website: https://www.pmpgc.com
Number of Employees
Location
- Pacific Millennium Packaging Group Corporation
- A303, Block 2
- 3rd Floor
- Shanghai
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1820 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Dec 2018 |
Biography
Pacific Millennium Packaging Group Corporation, an investment holding company, manufactures and sells packaging materials in the People’s Republic of China. It offers corrugated packaging products, such as...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/16 10:05 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.