HangKan Group Limited, an investment holding company, engages in the mining, production, and sale of bentonite products in the People’s Republic of China.
The last earnings update was 22 days ago.
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
HangKan Group. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
HangKan Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 HangKan 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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare HangKan Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare HangKan Group's earnings growth to the Hong Kong market average as no estimate data is available.
Unable to compare HangKan Group's revenue growth to the Hong Kong market average as no estimate data is available.
Unable to determine if HangKan Group is high growth as no earnings estimate data is available.
Unable to determine if HangKan Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
HangKan Group's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
Metals and Mining
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
0/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Is Feishang Non-Metal Materials Technology Limited (HKG:8331) A Financially Sound Company?
The direct benefit for Feishang Non-Metal Materials Technology Limited (HKG:8331), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is 8331 will have to adhere to stricter debt covenants and have less financial flexibility. … Does 8331's growth rate justify its decision for financial flexibility over lower cost of capital
HangKan Group Limited, an investment holding company, engages in the mining, production, and sale of bentonite products in the People’s Republic of China. The company holds 100% interest in the Huanghu Bentonite mine, an open-pit mine with a permitted mining area of approximately 7.2982 square kilometers located in Anhui province. It also produces and sells drilling mud for trenchless directional drilling activities in civil engineering; and pelletizing clay that is used as a binder for the production of iron ore pellets, as well as sells unprocessed clay. The company was formerly known as Feishang Non-Metal Materials Technology Limited and changed its name to HangKan Group Limited in August 2018. The company was founded in 2002 and is headquartered in Wuhu, the People’s Republic of China. HangKan Group Limited is a subsidiary of Feishang Group Limited.
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