Hung Hing Printing Group Limited, an investment holding company engages in the book and package printing, consumer product packaging, and corrugated box and paper trading in the People’s Republic of China, Hong Kong, Europe, the United States, and internationally.
Flawless balance sheet and good value.
Share Price & News
How has Hung Hing Printing Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 450 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 450 exceeded the Hong Kong Packaging industry which returned -23.9% over the past year.
Return vs Market: 450 underperformed the Hong Kong Market which returned 0.9% over the past year.
Price Volatility Vs. Market
How volatile is Hung Hing Printing Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall StHung Hing Printing Group (HKG:450) Could Easily Take On More Debt
1 month ago | Simply Wall StHung Hing Printing Group Limited (HKG:450) Goes Ex-Dividend In 3 Days
1 month ago | Simply Wall StWhy Hung Hing Printing Group Limited's (HKG:450) CEO Pay Matters To You
Is Hung Hing Printing Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 450 (HK$1) is trading below our estimate of fair value (HK$8.03)
Significantly Below Fair Value: 450 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 450 is good value based on its PE Ratio (11.8x) compared to the Packaging industry average (14.3x).
PE vs Market: 450 is poor value based on its PE Ratio (11.8x) compared to the Hong Kong market (10.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 450's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 450 is good value based on its PB Ratio (0.3x) compared to the HK Packaging industry average (0.6x).
How is Hung Hing Printing Group 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 Hung Hing Printing Group 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.
- Examine whether Hung Hing Printing Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Hung Hing Printing Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Hung Hing Printing Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 450 has high quality earnings.
Growing Profit Margin: 450 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 450's earnings have grown significantly by 22.7% per year over the past 5 years.
Accelerating Growth: 450 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 450 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Packaging industry (-11%).
Return on Equity
High ROE: 450's Return on Equity (2.1%) is considered low.
How is Hung Hing Printing Group's financial position?
Financial Position Analysis
Short Term Liabilities: 450's short term assets (HK$2.5B) exceed its short term liabilities (HK$494.2M).
Long Term Liabilities: 450's short term assets (HK$2.5B) exceed its long term liabilities (HK$99.8M).
Debt to Equity History and Analysis
Debt Level: 450's debt to equity ratio (4%) is considered satisfactory.
Reducing Debt: 450's debt to equity ratio has reduced from 17% to 4% over the past 5 years.
Debt Coverage: 450's debt is well covered by operating cash flow (185.3%).
Interest Coverage: 450 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Hung Hing Printing Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 450's dividend (10%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 450's dividend (10%) is in the top 25% of dividend payers in the Hong Kong market (6.54%)
Stability and Growth of Payments
Stable Dividend: 450's dividend payments have been volatile in the past 10 years.
Growing Dividend: 450's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (71%), 450's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Matthew Yum (62yo)
Mr. Chak Ming Yum, also known as Matthew, served as the Managing Director at Hung Hing Printing Group Ltd. from 1991 to September 1, 2010. Mr. Yum was responsible for the overall management of the Group. H ...
CEO Compensation Analysis
Compensation vs Market: Matthew's total compensation ($USD1.25M) is above average for companies of similar size in the Hong Kong market ($USD227.60K).
Compensation vs Earnings: Matthew's compensation has been consistent with company performance over the past year.
|Executive Chairman & CEO||no data||HK$9.68m||5.17% HK$46.9m|
|Executive Director of Consumer Product Packaging & Executive Director||11.83yrs||HK$3.30m||0.26% HK$2.3m|
|Independent Non-Executive Director||11.92yrs||HK$250.00k||no data|
|Non-Executive Director||8.25yrs||HK$250.00k||no data|
|Independent Non-Executive Director||15.33yrs||HK$250.00k||0.0031% HK$27.8k|
|Independent Non-Executive Director||10.92yrs||HK$250.00k||no data|
|Non-Executive Director||5.67yrs||HK$250.00k||no data|
|Non-Executive Director||3.33yrs||HK$550.00k||no data|
|Non-Executive Director||1.17yrs||HK$151.00k||no data|
Experienced Board: 450's board of directors are considered experienced (9.8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 450 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hung Hing Printing Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Hung Hing Printing Group Limited
- Ticker: 450
- Exchange: SEHK
- Founded: 1950
- Industry: Paper Packaging
- Sector: Materials
- Market Cap: HK$907.587m
- Shares outstanding: 898.60m
- Website: https://www.hunghingprinting.com
Number of Employees
- Hung Hing Printing Group Limited
- Hung Hing Printing Centre
- 17-19 Dai Hei Street
- Tai Po
- New Territories
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|450||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Mar 1992|
Hung Hing Printing Group Limited, an investment holding company engages in the book and package printing, consumer product packaging, and corrugated box and paper trading in the People’s Republic of China, Hong Kong, Europe, the United States, and internationally. It produces corrugated packaging; prints and produces cards and social stationery items, including diaries, gift sets and bags, and greetings cards; and children's and conventional books. The company also offers novelty items, such as pop-ups, paper mechanisms, pull tabs, and novelty additions or reactive inks; luxury packaging comprising chocolate boxes, cosmetics, fine bone china, and spirits; printed corrugate cartons, flat packs, POS, and POP; prepress services, including film, and color separation and proof production services for packaging, books, magazines, posters, and other paper products; and paper trading services, as well as operates BELUGA, a boutique digital service provider. In addition, it engages in the trading of paper and corrugated carton boxes; and printing and manufacturing of paper cartons, as well as provision of selling and purchasing agency services. Hung Hing Printing Group Limited was founded in 1950 and is headquartered in Tai Po, Hong Kong.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/07 12:42|
|End of Day Share Price||2020/07/07 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.