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1125

Lai Fung HoldingsSEHK:1125 Stock Report

Last Price

HK$5.99

Market Cap

HK$2.0b

7D

6.2%

1Y

-17.8%

Updated

24 Jan, 2022

Data

Company Financials
1125 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health1/6
Dividends0/6

1125 Stock Overview

Lai Fung Holdings Limited, an investment holding company, engages in the property development and investment businesses in Mainland China, Hong Kong, and internationally.

Lai Fung Holdings Competitors

Crocodile Garments

SEHK:122

HK$341.1m

Price History & Performance

Summary of all time highs, changes and price drops for Lai Fung Holdings
Historical stock prices
Current Share PriceHK$5.99
52 Week HighHK$7.70
52 Week LowHK$5.00
Beta0.27
1 Month Change17.45%
3 Month Change6.96%
1 Year Change-17.83%
3 Year Change-40.81%
5 Year Change-37.60%
Change since IPO-95.80%

Recent News & Updates

Shareholder Returns

1125HK Real EstateHK Market
7D6.2%6.0%1.9%
1Y-17.8%-21.3%-13.5%

Return vs Industry: 1125 exceeded the Hong Kong Real Estate industry which returned -21.3% over the past year.

Return vs Market: 1125 underperformed the Hong Kong Market which returned -13.5% over the past year.

Price Volatility

Is 1125's price volatile compared to industry and market?
1125 volatility
1125 Average Weekly Movement4.8%
Real Estate Industry Average Movement5.6%
Market Average Movement6.7%
10% most volatile stocks in HK Market13.1%
10% least volatile stocks in HK Market3.1%

Stable Share Price: 1125 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: 1125's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19972,023Lester Lamhttps://www.laisun.com/lai-fung-holdings/en-US

Lai Fung Holdings Limited, an investment holding company, engages in the property development and investment businesses in Mainland China, Hong Kong, and internationally. It operates through four segments: The Property Development, The Property Investment, The Hotel and Serviced Apartment Operation, and The Theme Park Operation. 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.

Lai Fung Holdings Fundamentals Summary

How do Lai Fung Holdings's earnings and revenue compare to its market cap?
1125 fundamental statistics
Market CapHK$1.98b
Earnings (TTM)-HK$538.97m
Revenue (TTM)HK$3.20b

0.6x

P/S Ratio

-3.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1125 income statement (TTM)
RevenueHK$3.20b
Cost of RevenueHK$2.55b
Gross ProfitHK$650.01m
ExpensesHK$1.19b
Earnings-HK$538.97m

Last Reported Earnings

Jul 31, 2021

Next Earnings Date

Mar 31, 2022

Earnings per share (EPS)-1.63
Gross Margin20.34%
Net Profit Margin-16.86%
Debt/Equity Ratio75.0%

How did 1125 perform over the long term?

See historical performance and comparison

Valuation

Is Lai Fung Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1125 (HK$5.99) is trading below our estimate of fair value (HK$338.75)

Significantly Below Fair Value: 1125 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1125 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Real Estate industry average.

PE vs Market: 1125 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


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 (0.1x) compared to the HK Real Estate industry average (0.4x).


Future Growth

How is Lai Fung Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

15.4%

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.


Past Performance

How has Lai Fung Holdings performed over the past 5 years?

-52.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1125 is currently unprofitable.

Growing Profit Margin: 1125 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1125 is unprofitable, and losses have increased over the past 5 years at a rate of 52.3% per year.

Accelerating Growth: Unable to compare 1125's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1125 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (22.3%).


Return on Equity

High ROE: 1125 has a negative Return on Equity (-4.37%), as it is currently unprofitable.


Financial Health

How is Lai Fung Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1125's short term assets (HK$10.6B) exceed its short term liabilities (HK$4.2B).

Long Term Liabilities: 1125's short term assets (HK$10.6B) do not cover its long term liabilities (HK$15.5B).


Debt to Equity History and Analysis

Debt Level: 1125's net debt to equity ratio (56.7%) is considered high.

Reducing Debt: 1125's debt to equity ratio has increased from 46.2% to 75% over the past 5 years.

Debt Coverage: 1125's debt is not well covered by operating cash flow (14.2%).

Interest Coverage: 1125's interest payments on its debt are not well covered by EBIT (0.2x coverage).


Balance Sheet


Dividend

What is Lai Fung Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1125's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1125'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 1125's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1125's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1125 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1125'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?

13.7yrs

Average board tenure


CEO

Lester Lam (40 yo)

16.75yrs

Tenure

HK$1,610,000

Compensation

Mr. Hau Yin Lam, also known as Lester, has been the Chief Executive Officer of Lai Fung Holdings Ltd. since April 25, 2005. Mr. Lam has been Vice President of Lai Sun Development Company Limited since join...


CEO Compensation Analysis

Compensation vs Market: Lester's total compensation ($USD206.78K) is about average for companies of similar size in the Hong Kong market ($USD283.89K).

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


Board Members

Experienced Board: 1125's board of directors are seasoned and experienced ( 13.7 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Lai Fung Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Lai Fung Holdings Limited
  • Ticker: 1125
  • Exchange: SEHK
  • Founded: 1997
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Implied Market Cap: HK$1.983b
  • Shares outstanding: 331.03m
  • Website: https://www.laisun.com/lai-fung-holdings/en-US

Number of Employees


Location

  • Lai Fung Holdings Limited
  • AIA Central
  • 19th Floor
  • Central
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/24 15:34
End of Day Share Price2022/01/24 00:00
Earnings2021/07/31
Annual Earnings2021/07/31


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.