China Aluminum Cans Holdings Limited, an investment holding company, primarily manufactures and trades in aluminum aerosol cans in Mainland China, Africa, the United States, rest of Asia, and the Middle East. More Details
Flawless balance sheet with questionable track record.
Share Price & News
How has China Aluminum Cans Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 6898 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 6898's weekly volatility (8%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: 6898 underperformed the Hong Kong Packaging industry which returned 32.2% over the past year.
Return vs Market: 6898 underperformed the Hong Kong Market which returned 25.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is China Aluminum Cans Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StShareholders Will Most Likely Find China Aluminum Cans Holdings Limited's (HKG:6898) CEO Compensation Acceptable
1 week ago | Simply Wall StChina Aluminum Cans Holdings (HKG:6898) Has A Rock Solid Balance Sheet
1 month ago | Simply Wall StShareholders Of China Aluminum Cans Holdings (HKG:6898) Have Received 33% On Their Investment
Is China Aluminum Cans Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 6898 (HK$0.47) is trading above our estimate of fair value (HK$0.25)
Significantly Below Fair Value: 6898 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 6898 is poor value based on its PE Ratio (19.6x) compared to the HK Packaging industry average (11.4x).
PE vs Market: 6898 is poor value based on its PE Ratio (19.6x) compared to the Hong Kong market (11.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6898's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6898 is overvalued based on its PB Ratio (1.2x) compared to the HK Packaging industry average (0.7x).
How is China Aluminum Cans 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 China Aluminum Cans 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.
How has China Aluminum Cans Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6898 has high quality earnings.
Growing Profit Margin: 6898's current net profit margins (11.8%) are higher than last year (11.5%).
Past Earnings Growth Analysis
Earnings Trend: 6898's earnings have declined by 33.9% per year over the past 5 years.
Accelerating Growth: 6898's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6898 had negative earnings growth (-8.1%) over the past year, making it difficult to compare to the Packaging industry average (1.4%).
Return on Equity
High ROE: 6898's Return on Equity (6.2%) is considered low.
How is China Aluminum Cans Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 6898's short term assets (HK$150.8M) exceed its short term liabilities (HK$36.2M).
Long Term Liabilities: 6898's short term assets (HK$150.8M) exceed its long term liabilities (HK$6.0M).
Debt to Equity History and Analysis
Debt Level: 6898's debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: 6898's debt to equity ratio has reduced from 11.3% to 3.4% over the past 5 years.
Debt Coverage: 6898's debt is well covered by operating cash flow (445.1%).
Interest Coverage: 6898 earns more interest than it pays, so coverage of interest payments is not a concern.
What is China Aluminum Cans Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 6898's dividend (1.89%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (1.95%).
High Dividend: 6898's dividend (1.89%) is low compared to the top 25% of dividend payers in the Hong Kong market (5.99%).
Stability and Growth of Payments
Stable Dividend: 6898 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 6898 has only been paying a dividend for 7 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37%), 6898's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Wan Tsang Lin (54 yo)
Mr. Wan Tsang Lin is the Founder of China Aluminum Cans Holdings Limited and serves as its Executive Chairman and General Manager. Mr. Lin is responsible for formulating corporate strategies and overseeing...
CEO Compensation Analysis
Compensation vs Market: Wan Tsang's total compensation ($USD234.21K) is about average for companies of similar size in the Hong Kong market ($USD229.86K).
Compensation vs Earnings: Wan Tsang's compensation has been consistent with company performance over the past year.
Experienced Board: 6898's board of directors are considered experienced (7.9 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.
China Aluminum Cans Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: China Aluminum Cans Holdings Limited
- Ticker: 6898
- Exchange: SEHK
- Founded: 2012
- Industry: Metal and Glass Containers
- Sector: Materials
- Market Cap: HK$423.839m
- Shares outstanding: 901.79m
- Website: https://www.6898hk.com
Number of Employees
- China Aluminum Cans Holdings Limited
- Torch Development Zone
- National Health Tech Park of Zhongshan
- Guangdong Province
China Aluminum Cans Holdings Limited, an investment holding company, primarily manufactures and trades in aluminum aerosol cans in Mainland China, Africa, the United States, rest of Asia, and the Middle Ea...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/05/10 10:20|
|End of Day Share Price||2021/05/07 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.