SEHK:1847

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YCIH Green High-Performance Concrete

Executive Summary

YCIH Green High-Performance Concrete Company Limited produces and sells ready-mixed concrete and related products in the People's Republic of China. More Details


Snowflake Analysis

Undervalued with solid track record.

Share Price & News

How has YCIH Green High-Performance Concrete's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1847 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 1847's weekly volatility (3%) has been stable over the past year.


Market Performance


7 Day Return

4.6%

1847

-2.8%

HK Basic Materials

1.1%

HK Market


1 Year Return

-21.3%

1847

0.4%

HK Basic Materials

8.2%

HK Market

Return vs Industry: 1847 underperformed the Hong Kong Basic Materials industry which returned -0% over the past year.

Return vs Market: 1847 underperformed the Hong Kong Market which returned 7.6% over the past year.


Shareholder returns

1847IndustryMarket
7 Day4.6%-2.8%1.1%
30 Day5.2%4.7%7.2%
90 Day-2.2%-9.6%5.2%
1 Year-14.4%-21.3%4.8%0.4%12.6%8.2%
3 Yearn/a41.9%26.9%0.4%-10.0%
5 Yearn/a136.2%103.3%30.6%8.5%

Long-Term Price Volatility Vs. Market

How volatile is YCIH Green High-Performance Concrete's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is YCIH Green High-Performance Concrete undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1847 (HK$1.81) is trading below our estimate of fair value (HK$29.41)

Significantly Below Fair Value: 1847 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1847 is good value based on its PE Ratio (2.8x) compared to the HK Basic Materials industry average (6.4x).

PE vs Market: 1847 is good value based on its PE Ratio (2.8x) compared to the Hong Kong market (11.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1847's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1847 is good value based on its PB Ratio (0.6x) compared to the HK Basic Materials industry average (0.7x).


Next Steps

Future Growth

How is YCIH Green High-Performance Concrete forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.2%

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 YCIH Green High-Performance Concrete 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.


Next Steps

Past Performance

How has YCIH Green High-Performance Concrete performed over the past 5 years?

5.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1847 has high quality earnings.

Growing Profit Margin: 1847's current net profit margins (5.9%) are higher than last year (5.3%).


Past Earnings Growth Analysis

Earnings Trend: 1847's earnings have grown by 5.7% per year over the past 5 years.

Accelerating Growth: 1847's earnings growth over the past year (21.1%) exceeds its 5-year average (5.7% per year).

Earnings vs Industry: 1847 earnings growth over the past year (21.1%) exceeded the Basic Materials industry 1.4%.


Return on Equity

High ROE: 1847's Return on Equity (18.1%) is considered low.


Next Steps

Financial Health

How is YCIH Green High-Performance Concrete's financial position?


Financial Position Analysis

Short Term Liabilities: 1847's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥2.8B).

Long Term Liabilities: 1847's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥20.6M).


Debt to Equity History and Analysis

Debt Level: 1847's debt to equity ratio (10%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 1847's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 1847's debt is well covered by operating cash flow (279.3%).

Interest Coverage: 1847's interest payments on its debt are well covered by EBIT (83x coverage).


Balance Sheet


Next Steps

Dividend

What is YCIH Green High-Performance Concrete current dividend yield, its reliability and sustainability?

8.82%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1847's dividend (8.82%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.23%).

High Dividend: 1847's dividend (8.82%) is in the top 25% of dividend payers in the Hong Kong market (6.58%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether 1847's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 1847's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (24.5%), 1847'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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.4yrs

Average board tenure


CEO

Jianfeng Lu (45 yo)

no data

Tenure

CN¥805,000

Compensation

Mr. Lu Jianfeng is the General Manager and Deputy Secretary of the Party Committee of YCIH Green High-Performance Concrete Company Limited and has been its Executive Director since March 15, 2019. Mr. Lu a...


CEO Compensation Analysis

Compensation vs Market: Jianfeng's total compensation ($USD122.42K) is below average for companies of similar size in the Hong Kong market ($USD230.00K).

Compensation vs Earnings: Insufficient data to compare Jianfeng's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Minchao Ma
Executive Chairmanno dataCN¥1.03mno data
Jianfeng Lu
GM & Executive Directorno dataCN¥805.00kno data
Rao Ye
Executive Vice Chairmanno dataCN¥783.00kno data
Zhurong Hu
Executive Directorno dataCN¥699.00kno data
Dingming Yu
Independent Non-Executive Directorno dataCN¥96.00kno data
Kai Yan Wong
Independent Non-Executive Director1.17yrsCN¥29.00kno data
Guangcan Liu
Non-Executive Directorno datano datano data
Jianqiang He
Non-Executive Directorno datano datano data
Hongkun Li
Independent Non-Executive Director1.17yrsCN¥19.00kno data
Xinhe Wu
Chairman of the Board of Supervisors1.67yrsno datano data
Yan Li
Supervisorno datano datano data
Hongbing Chang
Supervisorno datano datano data

1.4yrs

Average Tenure

46yo

Average Age

Experienced Board: 1847's board of directors are not considered experienced ( 1.4 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

YCIH Green High-Performance Concrete Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: YCIH Green High-Performance Concrete Company Limited
  • Ticker: 1847
  • Exchange: SEHK
  • Founded: 1996
  • Industry: Construction Materials
  • Sector: Materials
  • Market Cap: HK$785.439m
  • Shares outstanding: 446.27m
  • Website: https://www.ynhnt.com

Number of Employees


Location

  • YCIH Green High-Performance Concrete Company Limited
  • YCIH Development Building
  • North Portion, 9th Floor
  • Kunming
  • Yunnan Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1847SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDOct 2019

Biography

YCIH Green High-Performance Concrete Company Limited produces and sells ready-mixed concrete and related products in the People's Republic of China. The company offers polycarboxylic admixtures and aggrega...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 10:03
End of Day Share Price2020/11/26 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.