Lai Fung Holdings Limited, an investment holding company, engages in the property development and investment businesses in Mainland China.
Imperfect balance sheet and overvalued.
Share Price & News
How has Lai Fung Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1125 has not had significant price volatility in the past 3 months.
7 Day Return
HK Real Estate
1 Year Return
HK Real Estate
Return vs Industry: 1125 exceeded the Hong Kong Real Estate industry which returned -28.7% over the past year.
Return vs Market: 1125 exceeded the Hong Kong Market which returned -22.7% over the past year.
Price Volatility Vs. Market
How volatile is Lai Fung Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWe Wouldn't Rely On Lai Fung Holdings's (HKG:1125) Statutory Earnings As A Guide
2 months ago | Simply Wall StIs Lai Fung Holdings (HKG:1125) Using Too Much Debt?
2 months ago | Simply Wall StInvestors Who Bought Lai Fung Holdings (HKG:1125) Shares Five Years Ago Are Now Up 27%
Is Lai Fung 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: 1125 (HK$8.8) is trading above our estimate of fair value (HK$2.49)
Significantly Below Fair Value: 1125 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1125 is poor value based on its PE Ratio (18.3x) compared to the Real Estate industry average (6.1x).
PE vs Market: 1125 is poor value based on its PE Ratio (18.3x) compared to the Hong Kong market (8.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1125's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1125 is good value based on its PB Ratio (0.2x) compared to the HK Real Estate industry average (0.4x).
How is Lai Fung Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 Lai Fung 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.
- Take a look at our analysis of 1125’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Lai Fung Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Lai Fung Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1125 has a large one-off gain of HK$183.7M impacting its January 31 2020 financial results.
Growing Profit Margin: 1125's current net profit margins (10.6%) are lower than last year (67.5%).
Past Earnings Growth Analysis
Earnings Trend: 1125's earnings have declined by -6.6% per year over the past 5 years.
Accelerating Growth: 1125's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1125 had negative earnings growth (-82.3%) over the past year, making it difficult to compare to the Real Estate industry average (1.3%).
Return on Equity
High ROE: 1125's Return on Equity (0.6%) is considered low.
How is Lai Fung Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1125's short term assets (HK$6.1B) exceed its short term liabilities (HK$4.1B).
Long Term Liabilities: 1125's short term assets (HK$6.1B) do not cover its long term liabilities (HK$12.1B).
Debt to Equity History and Analysis
Debt Level: 1125's debt to equity ratio (65.4%) is considered high.
Reducing Debt: 1125's debt to equity ratio has increased from 41.1% to 65.4% over the past 5 years.
Debt Coverage: 1125's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: 1125's interest payments on its debt are well covered by EBIT (3.6x coverage).
Inventory Level: 1125 has a high level of physical assets or inventory.
Debt Coverage by Assets: 1125's debt is not covered by short term assets (assets are 0.6x debt).
What is Lai Fung Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1125's dividend (2.27%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.63%).
High Dividend: 1125's dividend (2.27%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.28%).
Stability and Growth of Payments
Stable Dividend: 1125's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1125's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.7%), 1125's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Lester Lam (38yo)
Mr. Hau Yin Lam, also known as Lester, has been the Chief Executive Officer of Lai Fung Holdings Ltd., of Lai Sun Garment (International) Limited since April 25, 2005. Mr. Lam has been a Vice President of ...
CEO Compensation Analysis
Compensation vs Market: Lester's total compensation ($USD225.95K) is below average for companies of similar size in the Hong Kong market ($USD335.42K).
Compensation vs Earnings: Lester's compensation has been consistent with company performance over the past year.
|CEO & Executive Director||14.83yrs||HK$1.75m||no data|
|Executive Deputy Chairman||14.83yrs||HK$1.20m||no data|
|Deputy Chairman||no data||HK$1.14m||no data|
|Executive Director||17yrs||HK$4.28m||no data|
|Executive Director||12.67yrs||HK$7.55m||no data|
|Executive Director||5.17yrs||HK$1.61m||no data|
|Independent Non-Executive Director||18.67yrs||HK$300.00k||no data|
|Independent Non-Executive Director||11yrs||HK$300.00k||no data|
|Independent Non-Executive Director||13.67yrs||HK$300.00k||no data|
Experienced Board: 1125's board of directors are seasoned and experienced ( 13.7 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Lai Fung Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Lai Fung Holdings Limited
- Ticker: 1125
- Exchange: SEHK
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$2.940b
- Shares outstanding: 331.03m
- Website: https://www.laisun.com/lai-fung-holdings/en-US
Number of Employees
- Lai Fung Holdings Limited
- AIA Central
- 19th Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1125||SEHK (The Stock Exchange of Hong Kong Ltd.)||HKD5||HK||HKD||No data|
|LFHL.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Nov 1997|
|1125||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Nov 1997|
Lai Fung Holdings Limited, an investment holding company, engages in the property development and investment businesses in Mainland China. The company invests in and develops hotels and serviced apartments, as well as residential, office, and commercial properties; and invests in, develops, and operates cultural, leisure, and entertainment and related facilities. It is also involved in the property and building management business. In addition, the company operates theme parks. The company is headquartered in Central, Hong Kong. Lai Fung Holdings Limited is a subsidiary of eSun Holdings Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 12:46|
|End of Day Share Price||2020/03/31 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.