Executive Summary
Come Sure Group (Holdings) Limited, an investment holding company, engages in the manufacture and sale of corrugated paperboards and paper-based packaging products in the People’s Republic of China, Hong Kong, and Macau.
Snowflake
Fundamentals
Adequate balance sheet and fair value.
Similar Companies
Share Price & News
How has Come Sure Group (Holdings)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
0%
794
1.3%
HK Packaging
0.3%
HK Market
1 Year Return
-14.3%
794
-20.4%
HK Packaging
1.3%
HK Market
Return vs Industry: 794 exceeded the Hong Kong Packaging industry which returned -20.4% over the past year.
Return vs Market: 794 underperformed the Hong Kong Market which returned 1.3% over the past year.
Shareholder returns
| 794 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 1.3% | 0.3% |
| 30 Day | 5.3% | 0.2% | 0.5% |
| 90 Day | -3.2% | -11.1% | -4.6% |
| 1 Year | -7.9%-14.3% | -15.4%-20.4% | 4.9%1.3% |
| 3 Year | -5.3%-18.9% | -30.5%-38.0% | 15.3%3.7% |
| 5 Year | -6.3%-25.0% | -20.0%-35.4% | 20.0%-0.006% |
Price Volatility Vs. Market
How volatile is Come Sure Group (Holdings)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Does Come Sure Group (Holdings) Limited (HKG:794) Have A Volatile Share Price?2 weeks ago | Simply Wall St
The Come Sure Group (Holdings) (HKG:794) Share Price Is Down 33% So Some Shareholders Are Getting Worried1 month ago | Simply Wall St
Come Sure Group (Holdings) Limited (HKG:794) Goes Ex-Dividend In 4 DaysValuation
Is Come Sure Group (Holdings) undervalued compared to its fair value and its price relative to the market?
5.17x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 794 (HK$0.6) is trading above our estimate of fair value (HK$0.51)
Significantly Below Fair Value: 794 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 794 is good value based on its PE Ratio (5.2x) compared to the Packaging industry average (12.8x).
PE vs Market: 794 is good value based on its PE Ratio (5.2x) compared to the Hong Kong market (10.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 794's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 794 is good value based on its PB Ratio (0.3x) compared to the HK Packaging industry average (0.6x).
Next Steps
Future Growth
How is Come Sure Group (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
10.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 794's forecast earnings growth (10% per year) is above the savings rate (2%).
Earnings vs Market: 794's earnings (10% per year) are forecast to grow slower than the Hong Kong market (11.1% per year).
High Growth Earnings: 794's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if 794's revenue is forecast to grow faster than the Hong Kong market.
High Growth Revenue: Insufficient data to determine if 794's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 794's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Come Sure Group (Holdings) performed over the past 5 years?
21.0%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 794's earnings have grown significantly by 21% per year over the past 5 years.
Accelerating Growth: 794's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 794 had negative earnings growth (-56.5%) over the past year, making it difficult to compare to the Packaging industry average (-9.4%).
Return on Equity
High ROE: 794's Return on Equity (6.5%) is considered low.
Return on Assets
ROA vs Industry: 794's Return on Assets is below or equal to the Packaging industry average last year.
Return on Capital Employed
ROCE Improving: 794 has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
Financial Health
How is Come Sure Group (Holdings)'s financial position?
Financial Position Analysis
Short Term Liabilities: 794's short term assets (HK$682.9M) exceeds its short term liabilities (HK$561.5M)
Long Term Liabilities: 794's short term assets (682.9M) exceeds its long term liabilities (18.7M)
Debt to Equity History and Analysis
Debt Level: 794's debt to equity ratio (62.7%) is considered high
Reducing Debt: 794's debt to equity ratio has reduced from 63.4% to 62.7% over the past 5 years.
Debt Coverage: 794's debt is not well covered by operating cash flow (6.7%).
Interest Coverage: 794's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
Inventory Level: 794 has a high level of physical assets or inventory.
Debt Coverage by Assets: 794's debt is covered by short term assets (assets are 1.7x debt).
Next Steps
Dividend
What is Come Sure Group (Holdings)'s current dividend yield, its reliability and sustainability?
6.67%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: 794's dividend (6.67%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).
High Dividend: 794's dividend (6.67%) is in the top 25% of dividend payers in the Hong Kong market (6.18%)
Stable Dividend: 794's dividend payments have been volatile in the past 10 years.
Growing Dividend: 794's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.4%), 794'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
What is the CEO of Come Sure Group (Holdings)'s salary, the management and board of directors tenure and is there insider trading?
10.7yrs
Average board tenure
CEO
Wa Pan Chong (47yo)
8.3yrs
Tenure
HK$4,908,000
Compensation
Mr. Wa Pan Chong has been the Chief Executive Officer and President of Come Sure Group (Holdings) Limited since July 13, 2011. Mr. Chong served as the Managing Director of Come Sure Group (Holdings) Limite ...
CEO Compensation Analysis
Compensation vs. Market: Wa Pan's total compensation ($USD625.82K) is about average for companies of similar size in the Hong Kong market ($USD215.97K).
Compensation vs Earnings: Wa Pan's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Board Age and Tenure
10.7yrs
Average Tenure
48yo
Average Age
Experienced Board: 794's board of directors are seasoned and experienced ( 10.7 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 162,000 |
| Max Price | HK$0.61 |
| Entity | Company |
| Shares | 320,000 |
| Max Price | HK$0.58 |
| Entity | Company |
| Shares | 2,226,000 |
| Max Price | HK$0.80 |
Ownership Breakdown
Management Team
Kam Chau Chong (72yo)
Founder & Chairman of the Board
- Tenure: 0yrs
- Compensation: HK$6.81m
Wa Ching Chong (42yo)
Executive Director
- Tenure: 0yrs
- Compensation: HK$3.79m
Wa Pan Chong (47yo)
CEO, President & Executive Director
- Tenure: 8.3yrs
- Compensation: HK$4.91m
Wa Nam Chong (48yo)
Supervisor of Come Sure (Shenzhen) Company Ltd & Director of Huizhou Come Sure Packing Company Ltd
- Tenure: 0yrs
Eric Luk (43yo)
Finance Controller
- Tenure: 0yrs
- Compensation: HK$268.00k
Yuk Wan Bok (37yo)
Company Secretary
- Tenure: 2.8yrs
Board Members
Yuen Chau (71yo)
Independent Non-Executive Director
- Tenure: 10.7yrs
- Compensation: HK$120.00k
Kam Chau Chong (72yo)
Founder & Chairman of the Board
- Tenure: 0yrs
- Compensation: HK$6.81m
Wa Ching Chong (42yo)
Executive Director
- Tenure: 0yrs
- Compensation: HK$3.79m
Wa Pan Chong (47yo)
CEO, President & Executive Director
- Tenure: 8.3yrs
- Compensation: HK$4.91m
Pui Man Tsui (62yo)
Independent Non-Executive Director
- Tenure: 10.7yrs
- Compensation: HK$120.00k
Tze Lun Law (47yo)
Independent Non-Executive Director
- Tenure: 10.7yrs
- Compensation: HK$120.00k
Wa Nam Chong (48yo)
Supervisor of Come Sure (Shenzhen) Company Ltd & Director of Huizhou Come Sure Packing Company Ltd
- Tenure: 0yrs
Company Information
Come Sure Group (Holdings) Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Come Sure Group (Holdings) Limited
- Ticker: 794
- Exchange: SEHK
- Founded: 2006
- Industry: Paper Packaging
- Sector: Materials
- Market Cap: HK$210.376m
- Shares outstanding: 350.63m
- Website: https://www.comesure.com
Number of Employees
Location
- Come Sure Group (Holdings) Limited
- Cornell Centre
- 8th Floor
- Chai Wan
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 794 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Feb 2009 |
| 0CS | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Feb 2009 |
Biography
Come Sure Group (Holdings) Limited, an investment holding company, engages in the manufacture and sale of corrugated paperboards and paper-based packaging products in the People’s Republic of China, Hong K ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 12:50 |
| End of Day Share Price | 2019/10/22 00:00 |
| Earnings | 2019/03/31 |
| Annual Earnings | 2019/03/31 |
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.