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HangKan Group

SEHK:8331
Snowflake Description

Flawless balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8331
SEHK
HK$133M
Market Cap
  1. Home
  2. HK
  3. Materials
Company description

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. More info.


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  • HangKan Group has significant price volatility in the past 3 months.
8331 Share Price and Events
7 Day Returns
-23.5%
SEHK:8331
-0.6%
HK Metals and Mining
0.5%
HK Market
1 Year Returns
-
SEHK:8331
-20.5%
HK Metals and Mining
-6.1%
HK Market
8331 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
HangKan Group (8331) -23.5% -0.5% -30.2% - -52% -
HK Metals and Mining -0.6% 2.5% 14.1% -20.5% 27.5% 24%
HK Market 0.5% 1.1% 11.2% -6.1% 25.9% 19.4%
1 Year Return vs Industry and Market
  • No trading data on 8331.
  • No trading data on 8331.
Price Volatility
8331
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for HangKan Group's competitors could be found in our database.

8331 Value

 Is HangKan Group undervalued based on future cash flows and its price relative to the stock market?

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 undervalued.
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 HK$0.199.
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 HangKan Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are HangKan Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8331 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥-0.10
SEHK:8331 Share Price ** SEHK (2019-04-18) in HKD HK$0.2
SEHK:8331 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.855 CN¥0.17
Hong Kong Metals and Mining Industry PE Ratio Median Figure of 39 Publicly-Listed Metals and Mining Companies 8.62x
Hong Kong Market PE Ratio Median Figure of 1,474 Publicly-Listed Companies 12x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of HangKan Group.

SEHK:8331 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8331 Share Price ÷ EPS (both in CNY)

= 0.17 ÷ -0.10

-1.69x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • HangKan Group is loss making, we can't compare its value to the HK Metals and Mining industry average.
  • HangKan Group is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does HangKan Group's expected growth come at a high price?
Raw Data
SEHK:8331 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Metals and Mining Industry PEG Ratio Median Figure of 15 Publicly-Listed Metals and Mining Companies 0.51x
Hong Kong Market PEG Ratio Median Figure of 462 Publicly-Listed Companies 0.86x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for HangKan Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on HangKan Group's assets?
Raw Data
SEHK:8331 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥0.11
SEHK:8331 Share Price * SEHK (2019-04-18) in HKD HK$0.2
SEHK:8331 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.855 CN¥0.17
Hong Kong Metals and Mining Industry PB Ratio Median Figure of 65 Publicly-Listed Metals and Mining Companies 0.89x
Hong Kong Market PB Ratio Median Figure of 2,149 Publicly-Listed Companies 1.03x
SEHK:8331 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8331 Share Price ÷ Book Value per Share (both in CNY)

= 0.17 ÷ 0.11

1.57x

* Primary Listing of HangKan Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • HangKan Group is overvalued based on assets compared to the HK Metals and Mining industry average.
X
Value checks
We assess HangKan Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. HangKan Group has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

8331 Future Performance

 How is HangKan Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 growth 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 it right!
Annual Growth Rate
9.8%
Expected Metals and Mining industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is HangKan Group expected to grow at an attractive rate?
  • 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.
Annual Growth Rates Comparison
Raw Data
SEHK:8331 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 9.8%
Hong Kong Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 2.3%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.6%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 11.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:8331 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:8331 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:8331 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 51 -1 -58
2018-09-30 47 -66
2018-06-30 39 -70 -71
2018-03-31 32 -72
2017-12-31 29 -77 -72
2017-09-30 26 -1
2017-06-30 24 -1 -2
2017-03-31 25 0
2016-12-31 26 5 3
2016-09-30 26 -5
2016-06-30 27 -10 -8
2016-03-31 29 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • 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.
Raw Data
SEHK:8331 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from HangKan Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8331 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:8331 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 -0.10
2018-09-30 -0.12
2018-06-30 -0.13
2018-03-31 -0.14
2017-12-31 -0.14
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.01
2016-09-30 -0.01
2016-06-30 -0.02
2016-03-31 -0.02

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if HangKan Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine HangKan Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. HangKan Group's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Materials companies here
  3. HangKan Group's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess HangKan Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
HangKan Group has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

8331 Past Performance

  How has HangKan Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare HangKan Group's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • HangKan Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare HangKan Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare HangKan Group's 1-year growth to the HK Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
HangKan Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from HangKan Group Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8331 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 51.20 -57.59 79.46
2018-09-30 46.77 -65.82 79.20
2018-06-30 38.55 -71.02 79.29
2018-03-31 32.02 -71.78 77.93
2017-12-31 28.80 -71.87 76.68
2017-09-30 26.28 -1.28 12.22
2017-06-30 24.14 -2.10 12.64
2017-03-31 24.94 0.15 11.02
2016-12-31 26.31 2.80 10.35
2016-09-30 26.11 -5.28 10.59
2016-06-30 27.20 -8.24 9.75
2016-03-31 28.54 -8.76 9.11
2015-12-31 28.82 -10.87 7.92
2015-09-30 29.90 -1.22 5.62
2015-06-30 31.90 4.85 4.68
2015-03-31 30.88 5.73 3.96
2014-12-31 30.45 7.03 3.97
2013-12-31 29.99 5.06 3.91

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if HangKan Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if HangKan Group has efficiently used its assets last year compared to the HK Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if HangKan Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess HangKan Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. 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.
HangKan Group 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.

Full details on the Past part of the Simply Wall St company analysis model.

8331 Health

 How is HangKan Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up HangKan Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • HangKan Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • HangKan Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of HangKan Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • HangKan Group has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from HangKan Group Company Filings, last reported 3 months ago.

SEHK:8331 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 72.76 0.00 29.99
2018-09-30 109.86 2.53 34.30
2018-06-30 109.86 2.53 34.30
2018-03-31 111.18 0.00 32.21
2017-12-31 111.18 0.00 32.21
2017-09-30
2017-06-30 60.56 0.00 30.15
2017-03-31
2016-12-31 62.74 0.00 34.64
2016-09-30
2016-06-30 62.66 7.31 27.46
2016-03-31 59.94 14.32 32.10
2015-12-31 59.94 14.32 32.10
2015-09-30
2015-06-30 43.90 4.59 24.33
2015-03-31 43.81 0.00 23.63
2014-12-31 43.81 0.00 23.63
2013-12-31 36.78 0.00 12.63
  • HangKan Group has no debt.
  • HangKan Group had no debt 5 years ago.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • HangKan Group has sufficient cash runway for more than 3 years based on current free cash flow.
  • HangKan Group has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 38.3% each year.
X
Financial health checks
We assess HangKan Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. HangKan Group has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

8331 Dividends

 What is HangKan Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from HangKan Group dividends.
If you bought HK$2,000 of HangKan Group shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate HangKan Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate HangKan Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:8331 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 27 Stocks 4.3%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 965 Stocks 3.4%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.1%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 1.9%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:8331 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as HangKan Group has not reported any payouts.
  • Unable to verify if HangKan Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of HangKan Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as HangKan Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess HangKan Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can HangKan Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. HangKan Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

8331 Management

 What is the CEO of HangKan Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • HangKan Group has no CEO, or we have no data on them.
Management Team

Chun Xiang Su

TITLE
Compliance Officer & Executive Director
COMPENSATION
CN¥102K
AGE
30
TENURE
1.2 yrs

Jiayang Chen

TITLE
Deputy General Manager of Finance
AGE
54

Tik Kam

TITLE
Company Secretary
AGE
42
TENURE
1.3 yrs
Board of Directors Tenure

Average tenure and age of the HangKan Group board of directors in years:

1.3
Average Tenure
29
Average Age
  • The average tenure for the HangKan Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Chun Xiang Su

TITLE
Compliance Officer & Executive Director
COMPENSATION
CN¥102K
AGE
30
TENURE
1.3 yrs

Yat Fei Ko

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥99K
AGE
28
TENURE
1.3 yrs

Tony Chow

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥99K
AGE
26
TENURE
1.3 yrs

Yu Shao

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥99K
AGE
39
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
21. Nov 18 Buy Nam Tsai Individual 16. Nov 18 16. Nov 18 111,762,000 HK$0.21 HK$23,134,995
X
Management checks
We assess HangKan Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. HangKan Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

8331 News

Simply Wall St News

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

Simply Wall St -

8331 Company Info

Description

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.

Details
Name: HangKan Group Limited
8331
Exchange: SEHK
Founded: 2002
HK$133,443,828
670,572,000
Website: http://www.ourhkg.com
Address: HangKan Group Limited
Xiao Keshan,
Xingang Town,
Wuhu,
Anhui Province, 241204,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8331 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 29. Dec 2015
Number of employees
Current staff
Staff numbers
94
HangKan Group employees.
Industry
Diversified Metals and Mining
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 12:59
End of day share price update: 2019/04/18 00:00
Last estimates confirmation: 2018/05/31
Last earnings filing: 2019/03/28
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.