Infinity Development Holdings Company Limited, an investment holding company, manufactures and sells adhesives, primers, hardeners, and vulcanized shoes adhesive related products used by the footwear manufacturers in the People’s Republic of China, Vietnam, Bangladesh, and Indonesia.
Flawless balance sheet with solid track record.
Share Price & News
How has Infinity Development Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 640 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 640 exceeded the Hong Kong Chemicals industry which returned -32.4% over the past year.
Return vs Market: 640 exceeded the Hong Kong Market which returned -5.3% over the past year.
Price Volatility Vs. Market
How volatile is Infinity Development Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StDoes Infinity Development Holdings (HKG:640) Have A Healthy Balance Sheet?
2 weeks ago | Simply Wall StA Close Look At Infinity Development Holdings Company Limited’s (HKG:640) 16% ROCE
Is Infinity Development Holdings 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: 640 (HK$0.74) is trading below our estimate of fair value (HK$1.84)
Significantly Below Fair Value: 640 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 640 is good value based on its PE Ratio (6.3x) compared to the Chemicals industry average (6.7x).
PE vs Market: 640 is good value based on its PE Ratio (6.3x) compared to the Hong Kong market (9.4x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 640's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 640 is overvalued based on its PB Ratio (1.1x) compared to the HK Chemicals industry average (0.7x).
How is Infinity Development Holdings 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 Infinity Development 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.
- Examine whether Infinity Development Holdings 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.
- Infinity Development Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Infinity Development Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 640 has high quality earnings.
Growing Profit Margin: 640's current net profit margins (10.9%) are higher than last year (6.3%).
Past Earnings Growth Analysis
Earnings Trend: 640's earnings have grown by 5.3% per year over the past 5 years.
Accelerating Growth: 640's earnings growth over the past year (51.4%) exceeds its 5-year average (5.3% per year).
Earnings vs Industry: 640 earnings growth over the past year (51.4%) exceeded the Chemicals industry -9.9%.
Return on Equity
High ROE: 640's Return on Equity (18.1%) is considered low.
How is Infinity Development Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 640's short term assets (HK$321.8M) exceed its short term liabilities (HK$127.2M).
Long Term Liabilities: 640's short term assets (HK$321.8M) exceed its long term liabilities (HK$17.1M).
Debt to Equity History and Analysis
Debt Level: 640's debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: 640's debt to equity ratio has reduced from 13.9% to 3.1% over the past 5 years.
Debt Coverage: 640's debt is well covered by operating cash flow (730%).
Interest Coverage: 640 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Infinity Development Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 640's dividend (7.03%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.46%).
High Dividend: 640's dividend (7.03%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.13%).
Stability and Growth of Payments
Stable Dividend: 640 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 640's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (44.4%), 640's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Ieong Un (64yo)
Mr. Un Ieong Founded Infinity Development Holdings Company Limited and serves as its Chairman and Chief Executive Officer. Mr. Ieong is responsible for Infinity Chemical Holdings' strategic planning, busin ...
CEO Compensation Analysis
Compensation vs Market: Ieong's total compensation ($USD656.77K) is above average for companies of similar size in the Hong Kong market ($USD228.97K).
Compensation vs Earnings: Ieong's compensation has been consistent with company performance over the past year.
|Founder||no data||HK$5.09m||74.8% HK$311.8m|
|Director of Business & Marketing and Executive Director||10.25yrs||HK$2.15m||0.015% HK$62.2k|
|Deputy GM & Executive Director||10.25yrs||HK$2.05m||0.015% HK$62.2k|
|Deputy GM & Executive Director||10.25yrs||HK$2.20m||0.015% HK$62.2k|
|Independent Non-Executive Director||10.25yrs||HK$144.00k||0.015% HK$62.2k|
|Independent Non-Executive Director||6.58yrs||HK$144.00k||no data|
|Independent Non-Executive Director||6.58yrs||HK$144.00k||no data|
Experienced Board: 640's board of directors are seasoned and experienced ( 10.3 years average tenure).
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.
Infinity Development Holdings Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Infinity Development Holdings Company Limited
- Ticker: 640
- Exchange: SEHK
- Founded: 1987
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: HK$416.880m
- Shares outstanding: 563.35m
- Website: https://www.infinitydevelopment.com.hk
Number of Employees
- Infinity Development Holdings Company Limited
- Rua de Pequim No. 202A–246
- Macau Finance Centre
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|640||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Aug 2010|
|07F||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Aug 2010|
Infinity Development Holdings Company Limited, an investment holding company, manufactures and sells adhesives, primers, hardeners, and vulcanized shoes adhesive related products used by the footwear manufacturers in the People’s Republic of China, Vietnam, Bangladesh, and Indonesia. The company also offers adhesives and other related chemical products for industrial use; operates as a sales agent for adhesives used in the production of electronic products; and trades in raw materials. In addition, it engages in the provision of promotion, marketing, research and development, technical assistance, and administrative support services; and processing and packaging of adhesive products. The company was formerly known as Infinity Chemical Holdings Company Limited and changed its name to Infinity Development Holdings Company Limited in February 2016. The company was founded in 1987 and is headquartered in Macau. Infinity Development Holdings Company Limited is a subsidiary of All Reach Investments Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/05 06:57|
|End of Day Share Price||2020/06/04 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.