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1663

Sino Harbour Holdings GroupSEHK:1663 Stock Report

Market Cap

HK$290.8m

7D

-2.5%

1Y

8.3%

Updated

16 Oct, 2021

Data

Company Financials
1663 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends3/6

1663 Overview

Sino Harbour Holdings Group Limited, an investment holding company, develops properties in the People’s Republic of China.

Price History & Performance

Summary of all time highs, changes and price drops for Sino Harbour Holdings Group
Historical stock prices
Current Share PriceHK$0.12
52 Week HighHK$0.11
52 Week LowHK$0.17
Beta1.3
1 Month Change-10.61%
3 Month Change-23.38%
1 Year Change8.26%
3 Year Change-38.22%
5 Year Change-80.66%
Change since IPO-79.12%

Recent News & Updates

Sep 20
Calculating The Fair Value Of Sino Harbour Holdings Group Limited (HKG:1663)

Calculating The Fair Value Of Sino Harbour Holdings Group Limited (HKG:1663)

Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Sino Harbour Holdings...

Shareholder Returns

1663HK Real EstateHK Market
7D-2.5%0.03%1.1%
1Y8.3%-12.5%5.3%

Return vs Industry: 1663 exceeded the Hong Kong Real Estate industry which returned -12.5% over the past year.

Return vs Market: 1663 exceeded the Hong Kong Market which returned 5.3% over the past year.

Price Volatility

Is 1663's price volatile compared to industry and market?
1663 volatility
1663 Beta1.3
Industry Beta0.85
Market Beta1

Stable Share Price: 1663 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 1663's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2011240Lam Ping Wonghttps://www.sinoharbour.com.hk

Sino Harbour Holdings Group Limited, an investment holding company, develops properties in the People’s Republic of China. The company develops residential, detached housing, and apartment, as well as retail and commercial properties. It also provides interior design and decoration services; and transfer and consultation, pharmaceutical inspection, and oral medical management services.

Sino Harbour Holdings Group Fundamentals Summary

How do Sino Harbour Holdings Group's earnings and revenue compare to its market cap?
1663 fundamental statistics
Market CapCN¥240.53m
Earnings (TTM)CN¥57.54m
Revenue (TTM)CN¥426.88m

4.2x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1663 income statement (TTM)
RevenueCN¥426.88m
Cost of RevenueCN¥257.46m
Gross ProfitCN¥169.43m
ExpensesCN¥111.88m
EarningsCN¥57.54m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.023
Gross Margin39.69%
Net Profit Margin13.48%
Debt/Equity Ratio35.7%

How did 1663 perform over the long term?

See historical performance and comparison

Dividends

8.5%

Current Dividend Yield

36%

Payout Ratio

Valuation

Is Sino Harbour Holdings Group undervalued compared to its fair value and its price relative to the market?

5.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1663 (HK$0.12) is trading below our estimate of fair value (HK$0.12)

Significantly Below Fair Value: 1663 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 1663 is good value based on its PE Ratio (4.2x) compared to the Hong Kong Real Estate industry average (7.4x).

PE vs Market: 1663 is good value based on its PE Ratio (4.2x) compared to the Hong Kong market (9.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1663's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1663 is good value based on its PB Ratio (0.2x) compared to the HK Real Estate industry average (0.4x).


Future Growth

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

18.0%

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 Sino Harbour Holdings 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 Sino Harbour Holdings Group performed over the past 5 years?

-11.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1663 has a high level of non-cash earnings.

Growing Profit Margin: 1663's current net profit margins (13.5%) are higher than last year (12.7%).


Past Earnings Growth Analysis

Earnings Trend: 1663's earnings have declined by 11.5% per year over the past 5 years.

Accelerating Growth: 1663's earnings growth over the past year (1%) exceeds its 5-year average (-11.5% per year).

Earnings vs Industry: 1663 earnings growth over the past year (1%) underperformed the Real Estate industry 23.4%.


Return on Equity

High ROE: 1663's Return on Equity (3.1%) is considered low.


Financial Health

How is Sino Harbour Holdings Group's financial position?


Financial Position Analysis

Short Term Liabilities: 1663's short term assets (CN¥3.9B) exceed its short term liabilities (CN¥3.1B).

Long Term Liabilities: 1663's short term assets (CN¥3.9B) exceed its long term liabilities (CN¥461.0M).


Debt to Equity History and Analysis

Debt Level: 1663's debt to equity ratio (35.7%) is considered satisfactory.

Reducing Debt: 1663's debt to equity ratio has reduced from 53.5% to 35.7% over the past 5 years.

Debt Coverage: 1663's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 1663 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Sino Harbour Holdings Group current dividend yield, its reliability and sustainability?

8.47%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1663's dividend (8.47%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).

High Dividend: 1663's dividend (8.47%) is in the top 25% of dividend payers in the Hong Kong market (6.78%)


Stability and Growth of Payments

Stable Dividend: 1663 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 1663 has only been paying a dividend for 9 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (36.1%), 1663'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.


Next Steps

Management

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

1.4yrs

Average management tenure


CEO

Lam Ping Wong (66 yo)

1.42yrs

Tenure

CN¥1,092,000

Compensation

Mr. Lam Ping Wong serves as Chief Executive Officer and General Manager at Sino Harbour Holdings Group Limited since May 22, 2020 and serves as its Executive Chairman since April 1, 2020. He founded Pan Ho...


Leadership Team

Experienced Management: 1663's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.


Board Members

Experienced Board: 1663's board of directors are considered experienced (5.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 1663 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

Sino Harbour Holdings Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Sino Harbour Holdings Group Limited
  • Ticker: 1663
  • Exchange: SEHK
  • Founded: 2011
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: HK$290.752m
  • Shares outstanding: 2.46b
  • Website: https://www.sinoharbour.com.hk

Number of Employees


Location

  • Sino Harbour Holdings Group Limited
  • Sino Harbour Kaixuan Center
  • Levels 25 and 26
  • Nanchang
  • Jiangxi Province
  • China

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/16 10:04
End of Day Share Price2021/10/15 00:00
Earnings2021/03/31
Annual Earnings2021/03/31


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.