SEHK:212

Stock Analysis Report

Executive Summary

Nanyang Holdings Limited, an investment holding company, engages in the property investment and trading businesses worldwide.

Snowflake

Fundamentals

Excellent balance sheet and fair value.

Risks

  • Nanyang Holdings is not covered by any analysts.

Share Price & News

How has Nanyang Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-3.4%

SEHK:212

0.1%

HK Real Estate

-0.6%

HK Market


1 Year Return

-4.6%

SEHK:212

-7.1%

HK Real Estate

-9.8%

HK Market

212 outperformed the Real Estate industry which returned -7.1% over the past year.

212 outperformed the Market in Hong Kong which returned -9.8% over the past year.


Share holder returns

212IndustryMarket
7 Day-3.4%0.1%-0.6%
30 Day-11.2%-12.9%-8.8%
90 Day-17.0%-11.3%-8.4%
1 Year-2.4%-4.6%-3.2%-7.1%-6.5%-9.8%
3 Year35.3%26.2%32.5%18.7%12.8%1.6%
5 Year53.6%36.6%44.0%19.3%7.2%-10.6%

Price Volatility Vs. Market

How volatile is Nanyang Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Nanyang Holdings undervalued based on future cash flows and its price relative to the stock market?

5.19x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Nanyang Holdings's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Nanyang Holdings's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Nanyang Holdings is good value based on earnings compared to the HK Real Estate industry average.

Nanyang Holdings is good value based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Nanyang Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Nanyang Holdings is good value based on assets compared to the HK Real Estate industry average.


Next Steps

Future Growth

How is Nanyang Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Nanyang Holdings is high growth as no revenue estimate data is available.

Nanyang Holdings's earnings are expected to grow by 11% yearly, however this is not considered high growth (20% yearly).

Unable to compare Nanyang Holdings's revenue growth to the Hong Kong market average as no estimate data is available.

Nanyang Holdings's earnings growth is positive but not above the Hong Kong market average.

Nanyang Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Nanyang Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Nanyang Holdings performed over the past 5 years?

10.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Nanyang Holdings's year on year earnings growth rate has been positive over the past 5 years.

Nanyang Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.

Nanyang Holdings's 1-year earnings growth is negative, it can't be compared to the HK Real Estate industry average.


Return on Equity

Nanyang Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Nanyang Holdings used its assets more efficiently than the HK Real Estate industry average last year based on Return on Assets.


Return on Capital Employed

Nanyang Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Nanyang Holdings's financial position?


Financial Position Analysis

Nanyang Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Nanyang Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Nanyang Holdings's level of debt (0.2%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (1.5% vs 0.2% today).

Operating cash flow is negative therefore debt is not well covered.

Nanyang Holdings earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 53.3x debt.


Next Steps

Dividend

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

2.72%

Current Dividend Yield


Dividend Yield and Payments Analysis

Nanyang Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.29%).

Nanyang Holdings's dividend is below the markets top 25% of dividend payers in Hong Kong (6.26%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have increased over the past 10 years.


Current Payout to Shareholders

Dividends paid are thoroughly covered by earnings (14.2x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Nanyang Holdings's salary, the management and board of directors tenure and is there insider trading?

16.0yrs

Average board tenure


CEO

Ching Yung Hung (96yo)

72.6yrs

Tenure

HK$8,023,000

Compensation

Mr. Ching Yung Hung, JP Co-founded Nanyang Holdings Ltd. in 1947 and has been Managing Director and General Manager since 1947. Mr. Hung has been an Advisor of the Tung Wah Group of Hospitals since 1956. H ...


CEO Compensation Analysis

Ching Yung's remuneration is higher than average for companies of similar size in Hong Kong.

Ching Yung's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

16.0yrs

Average Tenure

73yo

Average Age

The average tenure for the Nanyang Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Lincoln Yung (73yo)

    Deputy MD & Executive Director

    • Compensation: HK$7.92m
  • Ching Yung Hung (96yo)

    Co-Founder

    • Tenure: 72.6yrs
    • Compensation: HK$8.02m
  • Jennie Chen (63yo)

    Financial Controller & Executive Director

    • Compensation: HK$3.00m
  • Sheung Yee Lee (51yo)

    Company Secretary

    • Tenure: 4.0yrs

Board Members

  • Robert Sze (78yo)

    Independent Non-Executive Director

    • Tenure: 16.0yrs
    • Compensation: HK$480.00k
  • Lincoln Yung (73yo)

    Deputy MD & Executive Director

    • Tenure: 30.3yrs
    • Compensation: HK$7.92m
  • Ching Yung Hung (96yo)

    Co-Founder

    • Compensation: HK$8.02m
  • Rudolf Bischof (77yo)

    Chairman

    • Tenure: 16.0yrs
    • Compensation: HK$480.00k
  • Jennie Chen (63yo)

    Financial Controller & Executive Director

    • Tenure: 15.9yrs
    • Compensation: HK$3.00m
  • John Yung (51yo)

    Non-Executive Director

    • Tenure: 6.7yrs
    • Compensation: HK$240.00k
  • Patrick Wong (58yo)

    Independent Non-Executive Director

    • Tenure: 2.8yrs
    • Compensation: HK$420.00k

Company Information

Nanyang Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Nanyang Holdings Limited
  • Ticker: 212
  • Exchange: SEHK
  • Founded: 1947
  • Industry: real estate operating companies
  • Sector: real estate
  • Market Cap: HK$1.776b
  • Shares outstanding: 34.48m
  • Website: Click here

Number of Employees


Location

  • Nanyang Holdings Limited
  • St. George's Building
  • Room 1808
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
212SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992

Biography

Nanyang Holdings Limited, an investment holding company, engages in the property investment and trading businesses worldwide. The company operates through Real Estate and Financial Investments segments. Th ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 12:33
End of Day Share Price2019/08/16 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.