Lai Sun Garment (International) Limited, an investment holding company, invests in, develops, leases, manages, and sells properties.
Lai Sun Garment (International) Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$4.80|
|52 Week High||HK$3.05|
|52 Week Low||HK$7.70|
|1 Month Change||-10.78%|
|3 Month Change||54.84%|
|1 Year Change||-38.46%|
|3 Year Change||-51.12%|
|5 Year Change||-42.17%|
|Change since IPO||-88.15%|
Recent News & Updates
Lai Sun Garment (International) (HKG:191) Has Debt But No Earnings; Should You Worry?
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Is Lai Sun Garment (International) Limited (HKG:191) Popular Amongst Insiders?
A look at the shareholders of Lai Sun Garment (International) Limited ( HKG:191 ) can tell us which group is most...
The Lai Sun Garment (International) (HKG:191) Share Price Is Up 59% And Shareholders Are Holding On
When we invest, we're generally looking for stocks that outperform the market average. And while active stock picking...
|191||HK Real Estate||HK Market|
Return vs Industry: 191 underperformed the Hong Kong Real Estate industry which returned -12.5% over the past year.
Return vs Market: 191 underperformed the Hong Kong Market which returned 5.3% over the past year.
Stable Share Price: 191 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 191's weekly volatility (9%) has been stable over the past year.
About the Company
|1947||4,500||Chai Tuck Yip||https://www.laisun.com/lai-sun-garment/en-US|
Lai Sun Garment (International) Limited, an investment holding company, invests in, develops, leases, manages, and sells properties. The company operates through Property Development and Sales, Property Investment, Hotel Operation, Restaurant Operation, Media and Entertainment, Film and TV Program, Cinema Operation, Theme Park Operation, and Others segments. Its property portfolio includes commercial/retail, office, industrial, residential, and hotel/serviced apartment properties.
Lai Sun Garment (International) Fundamentals Summary
|191 fundamental statistics|
Is 191 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|191 income statement (TTM)|
|Cost of Revenue||HK$4.02b|
Last Reported Earnings
Jan 31, 2021
Next Earnings Date
Oct 22, 2021
|Earnings per share (EPS)||-3.41|
|Net Profit Margin||-37.38%|
How did 191 perform over the long term?See historical performance and comparison
Is Lai Sun Garment (International) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 191 (HK$4.8) is trading below our estimate of fair value (HK$39.62)
Significantly Below Fair Value: 191 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 191 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Real Estate industry average.
PE vs Market: 191 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 191's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 191 is good value based on its PB Ratio (0.1x) compared to the HK Real Estate industry average (0.4x).
How is Lai Sun Garment (International) 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 Sun Garment (International) 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.
How has Lai Sun Garment (International) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 191 is currently unprofitable.
Growing Profit Margin: 191 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 191 is unprofitable, and losses have increased over the past 5 years at a rate of 24% per year.
Accelerating Growth: Unable to compare 191's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 191 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (23.4%).
Return on Equity
High ROE: 191 has a negative Return on Equity (-9.1%), as it is currently unprofitable.
How is Lai Sun Garment (International)'s financial position?
Financial Position Analysis
Short Term Liabilities: 191's short term assets (HK$19.8B) exceed its short term liabilities (HK$10.4B).
Long Term Liabilities: 191's short term assets (HK$19.8B) do not cover its long term liabilities (HK$26.9B).
Debt to Equity History and Analysis
Debt Level: 191's debt to equity ratio (51.5%) is considered high.
Reducing Debt: 191's debt to equity ratio has increased from 36.9% to 51.5% over the past 5 years.
Debt Coverage: 191's debt is not well covered by operating cash flow (2.8%).
Interest Coverage: Insufficient data to determine if 191's interest payments on its debt are well covered by EBIT.
What is Lai Sun Garment (International) current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 191's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 191's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 191's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 191's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 191 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 191's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chai Tuck Yip (47 yo)
Mr. Chai Tuck Yip has been the Chief Executive Officer of Lai Sun Garment (International) Limited since August 19, 2013. Mr. Yip has extensive experience in corporate advisory, business development and inv...
CEO Compensation Analysis
Compensation vs Market: Chai Tuck's total compensation ($USD1.28M) is above average for companies of similar size in the Hong Kong market ($USD342.08K).
Compensation vs Earnings: Chai Tuck's compensation has been consistent with company performance over the past year.
Experienced Management: 191's management team is seasoned and experienced (8.2 years average tenure).
Experienced Board: 191's board of directors are seasoned and experienced ( 16.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 191 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 50%.
Lai Sun Garment (International) Limited's employee growth, exchange listings and data sources
- Name: Lai Sun Garment (International) Limited
- Ticker: 191
- Exchange: SEHK
- Founded: 1947
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: HK$2.827b
- Shares outstanding: 588.92m
- Website: https://www.laisun.com/lai-sun-garment/en-US
Number of Employees
- Lai Sun Garment (International) Limited
- AIA Central
- 19th Floor
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/18 15:10|
|End of Day Share Price||2021/10/18 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.