SEHK:3788

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China Hanking Holdings

Executive Summary

China Hanking Holdings Limited, together with its subsidiaries, engages in the exploration, mining, processing, smelting, and marketing of mineral resources in the People's Republic of China and Australia. More Details


Snowflake Analysis

Solid track record and good value.

Share Price & News

How has China Hanking Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3788's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

15.6%

3788

2.3%

HK Metals and Mining

1.2%

HK Market


1 Year Return

18.7%

3788

8.5%

HK Metals and Mining

2.3%

HK Market

Return vs Industry: 3788 exceeded the Hong Kong Metals and Mining industry which returned 8.5% over the past year.

Return vs Market: 3788 exceeded the Hong Kong Market which returned 2.3% over the past year.


Shareholder returns

3788IndustryMarket
7 Day15.6%2.3%1.2%
30 Day33.8%9.2%6.1%
90 Day6.6%5.7%3.1%
1 Year24.6%18.7%11.0%8.5%6.6%2.3%
3 Year61.8%49.6%-28.5%-33.1%-4.7%-15.1%
5 Year-48.2%-58.3%33.9%21.2%19.1%-1.1%

Price Volatility Vs. Market

How volatile is China Hanking Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Hanking Holdings undervalued compared to its fair value and its price relative to the market?

24.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3788 (HK$1.78) is trading below our estimate of fair value (HK$2.36)

Significantly Below Fair Value: 3788 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3788 is good value based on its PE Ratio (7.8x) compared to the HK Metals and Mining industry average (9.6x).

PE vs Market: 3788 is good value based on its PE Ratio (7.8x) compared to the Hong Kong market (11.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3788's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3788 is overvalued based on its PB Ratio (3.4x) compared to the HK Metals and Mining industry average (0.5x).


Next Steps

Future Growth

How is China Hanking Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.6%

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 China Hanking 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.


Next Steps

Past Performance

How has China Hanking Holdings performed over the past 5 years?

63.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3788 has high quality earnings.

Growing Profit Margin: 3788's current net profit margins (16%) are higher than last year (11.4%).


Past Earnings Growth Analysis

Earnings Trend: 3788 has become profitable over the past 5 years, growing earnings by 63.6% per year.

Accelerating Growth: 3788's earnings growth over the past year (18.2%) is below its 5-year average (63.6% per year).

Earnings vs Industry: 3788 earnings growth over the past year (18.2%) exceeded the Metals and Mining industry -11.8%.


Return on Equity

High ROE: 3788's Return on Equity (42.7%) is considered outstanding.


Next Steps

Financial Health

How is China Hanking Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 3788's short term assets (CN¥1.3B) do not cover its short term liabilities (CN¥1.7B).

Long Term Liabilities: 3788's short term assets (CN¥1.3B) exceed its long term liabilities (CN¥251.6M).


Debt to Equity History and Analysis

Debt Level: 3788's debt to equity ratio (99.9%) is considered high.

Reducing Debt: 3788's debt to equity ratio has reduced from 222.6% to 99.9% over the past 5 years.

Debt Coverage: 3788's debt is well covered by operating cash flow (91%).

Interest Coverage: 3788's interest payments on its debt are well covered by EBIT (6.5x coverage).


Balance Sheet


Next Steps

Dividend

What is China Hanking Holdings's current dividend yield, its reliability and sustainability?

4.47%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: 3788's dividend (4.47%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.24%).

High Dividend: 3788's dividend (4.47%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.77%).


Stability and Growth of Payments

Stable Dividend: 3788 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 3788's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (55%), 3788's dividend payments are 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?

2.8yrs

Average management tenure


CEO

Jiye Yang (42 yo)

2.58yrs

Tenure

CN¥1,928,000

Compensation

Mr. Yang Jiye is a Non-Executive Director at Primary Gold Limited since April 10, 2018. Mr. Yang has been the Executive Chairman of China Hanking Holdings Limited since March 18, 2016. He serves as the Chi ...


CEO Compensation Analysis

Compensation vs Market: Jiye's total compensation ($USD288.33K) is about average for companies of similar size in the Hong Kong market ($USD333.29K).

Compensation vs Earnings: Jiye's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Jiye Yang
Chairman of the Board2.58yrsCN¥1.93m61.21%
CN¥ 2.0b
Xuezhi Zheng
CFO & Executive Director4.58yrsCN¥1.21m0.13%
CN¥ 4.4m
Yumin Qiu
VP & Executive Director8.75yrsCN¥2.94mno data
Jinfu Huang
VP & President of Aoniu Mining3.08yrsCN¥63.00kno data
Jing Zhang
Joint Company Secretary2.17yrsno datano data
Lai Shan So
Joint Company Secretary2.17yrsno datano data

2.8yrs

Average Tenure

53.5yo

Average Age

Experienced Management: 3788's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jiye Yang
Chairman of the Board2.58yrsCN¥1.93m61.21%
CN¥ 2.0b
Xuezhi Zheng
CFO & Executive Director4.58yrsCN¥1.21m0.13%
CN¥ 4.4m
Yumin Qiu
VP & Executive Director8.75yrsCN¥2.94mno data
Kenneth Lee
Non-Executive Director0.75yrCN¥179.00kno data
Zhuo Xia
Non-Executive Director9.67yrsCN¥270.00k0.0033%
CN¥ 106.9k
Anjian Wang
Independent Non-Executive Director8.75yrsCN¥179.00kno data
Ping Wang
Independent Non-Executive Director9.67yrsCN¥224.00kno data
Qingshan Ma
Independent Non-Executive Director4.58yrsCN¥179.00kno data

6.7yrs

Average Tenure

51yo

Average Age

Experienced Board: 3788's board of directors are considered experienced (6.7 years average tenure).


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

China Hanking Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Hanking Holdings Limited
  • Ticker: 3788
  • Exchange: SEHK
  • Founded: 2010
  • Industry: Steel
  • Sector: Materials
  • Market Cap: HK$3.240b
  • Shares outstanding: 1.82b
  • Website: https://www.hankingmining.com

Number of Employees


Location

  • China Hanking Holdings Limited
  • Hanking Tower
  • 22nd Floor
  • Shenyang
  • Liaoning Province
  • 110016
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3788SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDSep 2011
6CHDB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 2011

Biography

China Hanking Holdings Limited, together with its subsidiaries, engages in the exploration, mining, processing, smelting, and marketing of mineral resources in the People's Republic of China and Australia. ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 13:12
End of Day Share Price2020/10/23 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.