company background image
94

Greenheart GroupSEHK:94 Stock Report

Market Cap

HK$239.3m

7D

-7.2%

1Y

6.6%

Updated

22 Oct, 2021

Data

Company Financials
94 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health1/6
Dividends0/6

94 Overview

Greenheart Group Limited, an investment holding company, engages in forestry business worldwide.

Price History & Performance

Summary of all time highs, changes and price drops for Greenheart Group
Historical stock prices
Current Share PriceHK$0.13
52 Week HighHK$0.076
52 Week LowHK$0.20
Beta0.25
1 Month Change-5.15%
3 Month Change-6.52%
1 Year Change6.61%
3 Year Change-81.57%
5 Year Change-88.83%
Change since IPO-99.91%

Recent News & Updates

Sep 30
Greenheart Group's (HKG:94) Earnings Are Of Questionable Quality

Greenheart Group's (HKG:94) Earnings Are Of Questionable Quality

Greenheart Group Limited ( HKG:94 ) announced strong profits, but the stock was stagnant. Our analysis suggests that...

Apr 02
Is Greenheart Group (HKG:94) Using Debt In A Risky Way?

Is Greenheart Group (HKG:94) Using Debt In A Risky Way?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

94HK ForestryHK Market
7D-7.2%3.0%1.8%
1Y6.6%-2.7%5.7%

Return vs Industry: 94 exceeded the Hong Kong Forestry industry which returned -2.7% over the past year.

Return vs Market: 94 matched the Hong Kong Market which returned 5.7% over the past year.

Price Volatility

Is 94's price volatile compared to industry and market?
94 volatility
94 Beta0.25
Industry Beta0.72
Market Beta1

Stable Share Price: 94 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 94's weekly volatility has decreased from 11% to 5% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991179Raphael Dinghttps://www.greenheartgroup.com

Greenheart Group Limited, an investment holding company, engages in forestry business worldwide. It operates in two segments, Suriname and New Zealand. The company is involved in hardwood log harvesting and timber processing, as well as the marketing, sale, and trading of logs and timber products.

Greenheart Group Fundamentals Summary

How do Greenheart Group's earnings and revenue compare to its market cap?
94 fundamental statistics
Market CapHK$239.29m
Earnings (TTM)HK$16.01m
Revenue (TTM)HK$363.68m

15.0x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
94 income statement (TTM)
RevenueHK$363.68m
Cost of RevenueHK$324.21m
Gross ProfitHK$39.47m
ExpensesHK$23.46m
EarningsHK$16.01m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0086
Gross Margin10.85%
Net Profit Margin4.40%
Debt/Equity Ratio70.8%

How did 94 perform over the long term?

See historical performance and comparison

Valuation

Is Greenheart Group undervalued compared to its fair value and its price relative to the market?

14.97x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 94's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 94's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 94 is poor value based on its PE Ratio (15x) compared to the Asian Forestry industry average (14.1x).

PE vs Market: 94 is poor value based on its PE Ratio (15x) compared to the Hong Kong market (9.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 94's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 94 is good value based on its PB Ratio (0.2x) compared to the HK Forestry industry average (0.8x).


Future Growth

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

13.8%

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 Greenheart 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 SimplyWall St do have past financial data.


Past Performance

How has Greenheart Group performed over the past 5 years?

0.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 94 has a large one-off gain of HK$87.1M impacting its June 30 2021 financial results.

Growing Profit Margin: 94 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 94 has become profitable over the past 5 years, growing earnings by 0.9% per year.

Accelerating Growth: 94 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 94 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Forestry industry (42.7%).


Return on Equity

High ROE: 94's Return on Equity (-0.2%) is considered low.


Financial Health

How is Greenheart Group's financial position?


Financial Position Analysis

Short Term Liabilities: 94's short term assets (HK$250.1M) exceed its short term liabilities (HK$105.0M).

Long Term Liabilities: 94's short term assets (HK$250.1M) do not cover its long term liabilities (HK$525.5M).


Debt to Equity History and Analysis

Debt Level: 94's debt to equity ratio (70.8%) is considered high.

Reducing Debt: 94's debt to equity ratio has increased from 49.9% to 70.8% over the past 5 years.

Debt Coverage: 94's debt is not well covered by operating cash flow (8.9%).

Interest Coverage: Insufficient data to determine if 94's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Greenheart Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 94's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 94's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 94's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 94's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 94's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.6yrs

Average board tenure


CEO

Raphael Ding (61 yo)

2.92yrs

Tenure

HK$3,018,000

Compensation

Mr. Wai Chuen Ding, also known as Raphael, is the Chief Executive Officer of Greenheart Group Limited since 2018. He serves as a Partner of Grant Thornton, Certified Public Accountants. Mr. Ding served as...


CEO Compensation Analysis

Compensation vs Market: Raphael's total compensation ($USD388.20K) is above average for companies of similar size in the Hong Kong market ($USD228.05K).

Compensation vs Earnings: Raphael's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: 94's board of directors are considered experienced (5.6 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Greenheart Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Greenheart Group Limited
  • Ticker: 94
  • Exchange: SEHK
  • Founded: 1991
  • Industry: Forest Products
  • Sector: Materials
  • Market Cap: HK$239.294m
  • Shares outstanding: 1.85b
  • Website: https://www.greenheartgroup.com

Number of Employees


Location

  • Greenheart Group Limited
  • Fortis Tower
  • 32A, 32nd Floor
  • Wan Chai
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:32
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.