company background image
225

Pokfulam DevelopmentSEHK:225 Stock Report

Market Cap

HK$1.2b

7D

0%

1Y

-1.9%

Updated

18 Oct, 2021

Data

Company Financials
225 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends3/6

225 Overview

Pokfulam Development Company Limited, an investment holding company, invests in, develops, and manages real estate properties in Hong Kong.

Pokfulam Development Competitors

Kowloon Development

SEHK:34

HK$10.6b

Price History & Performance

Summary of all time highs, changes and price drops for Pokfulam Development
Historical stock prices
Current Share PriceHK$11.18
52 Week HighHK$11.10
52 Week LowHK$12.00
Beta0.34
1 Month Change-0.53%
3 Month Change-4.77%
1 Year Change-1.93%
3 Year Change-34.24%
5 Year Change-20.26%
Change since IPO314.07%

Recent News & Updates

Apr 25
Is Pokfulam Development Company Limited (HKG:225) A Strong Dividend Stock?

Is Pokfulam Development Company Limited (HKG:225) A Strong Dividend Stock?

Dividend paying stocks like Pokfulam Development Company Limited ( HKG:225 ) tend to be popular with investors, and for...

Mar 18
What Kind Of Shareholders Hold The Majority In Pokfulam Development Company Limited's (HKG:225) Shares?

What Kind Of Shareholders Hold The Majority In Pokfulam Development Company Limited's (HKG:225) Shares?

A look at the shareholders of Pokfulam Development Company Limited ( HKG:225 ) can tell us which group is most...

Feb 18
Pokfulam Development's(HKG:225) Share Price Is Down 33% Over The Past Three Years.

Pokfulam Development's(HKG:225) Share Price Is Down 33% Over The Past Three Years.

Many investors define successful investing as beating the market average over the long term. But its virtually certain...

Shareholder Returns

225HK Real EstateHK Market
7D0%0.03%1.1%
1Y-1.9%-12.5%5.3%

Return vs Industry: 225 exceeded the Hong Kong Real Estate industry which returned -12.5% over the past year.

Return vs Market: 225 underperformed the Hong Kong Market which returned 5.3% over the past year.

Price Volatility

Is 225's price volatile compared to industry and market?
225 volatility
225 Beta0.34
Industry Beta0.85
Market Beta1

Stable Share Price: 225 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: 225's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1970121Abraham Wonghttps://www.pokfulam.com.hk

Pokfulam Development Company Limited, an investment holding company, invests in, develops, and manages real estate properties in Hong Kong. It operates through three segments: Property Investment and Management, Trading of Goods, and Securities Investment. The company lets out and manages commercial, industrial, and residential properties.

Pokfulam Development Fundamentals Summary

How do Pokfulam Development's earnings and revenue compare to its market cap?
225 fundamental statistics
Market CapHK$1.23b
Earnings (TTM)-HK$7.30m
Revenue (TTM)HK$148.96m

8.3x

P/S Ratio

-168.7x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
225 income statement (TTM)
RevenueHK$148.96m
Cost of RevenueHK$50.97m
Gross ProfitHK$97.98m
ExpensesHK$105.29m
Earnings-HK$7.30m

Last Reported Earnings

Mar 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.066
Gross Margin65.78%
Net Profit Margin-4.90%
Debt/Equity Ratio1.2%

How did 225 perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

-573%

Payout Ratio

Valuation

Is Pokfulam Development undervalued compared to its fair value and its price relative to the market?

0.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 225 (HK$11.18) is trading above our estimate of fair value (HK$5.58)

Significantly Below Fair Value: 225 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 225 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Real Estate industry average.

PE vs Market: 225 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 225's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 225 is good value based on its PB Ratio (0.2x) compared to the HK Real Estate industry average (0.4x).


Future Growth

How is Pokfulam Development 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 Pokfulam Development 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 Pokfulam Development performed over the past 5 years?

-30.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 225 is currently unprofitable.

Growing Profit Margin: 225 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 225 is unprofitable, and losses have increased over the past 5 years at a rate of 30.2% per year.

Accelerating Growth: Unable to compare 225's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 225 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (23.4%).


Return on Equity

High ROE: 225 has a negative Return on Equity (-0.14%), as it is currently unprofitable.


Financial Health

How is Pokfulam Development's financial position?


Financial Position Analysis

Short Term Liabilities: 225's short term assets (HK$144.5M) exceed its short term liabilities (HK$127.6M).

Long Term Liabilities: 225's short term assets (HK$144.5M) exceed its long term liabilities (HK$52.1M).


Debt to Equity History and Analysis

Debt Level: 225's debt to equity ratio (1.2%) is considered satisfactory.

Reducing Debt: 225's debt to equity ratio has reduced from 1.6% to 1.2% over the past 5 years.

Debt Coverage: 225's debt is well covered by operating cash flow (69.9%).

Interest Coverage: 225's interest payments on its debt are well covered by EBIT (8x coverage).


Balance Sheet


Dividend

What is Pokfulam Development current dividend yield, its reliability and sustainability?

3.40%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 225's dividend (3.4%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).

High Dividend: 225's dividend (3.4%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.78%).


Stability and Growth of Payments

Stable Dividend: 225's dividends per share have been stable in the past 10 years.

Growing Dividend: 225's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 225 is paying a dividend but the company is unprofitable.


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?

16.0yrs

Average board tenure


CEO

Abraham Wong (70 yo)

no data

Tenure

HK$2,362,000

Compensation

Mr. Tat Chang Wong, also known as Abraham, B.Sc. (Cornell), Ph. D. (Calif. Berkeley), serves as a Managing Director of Pokfulam Development Company Ltd.Mr. Wong has been with Pokfulam Development Co. Ltd....


CEO Compensation Analysis

Compensation vs Market: Abraham's total compensation ($USD303.66K) is about average for companies of similar size in the Hong Kong market ($USD288.59K).

Compensation vs Earnings: Abraham's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: 225's board of directors are seasoned and experienced ( 16 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Pokfulam Development Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Pokfulam Development Company Limited
  • Ticker: 225
  • Exchange: SEHK
  • Founded: 1970
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: HK$1.232b
  • Shares outstanding: 110.18m
  • Website: https://www.pokfulam.com.hk

Number of Employees


Location

  • Pokfulam Development Company Limited
  • Beverly House
  • 23rd Floor
  • Wan Chai
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 15:11
End of Day Share Price2021/10/18 00:00
Earnings2021/03/31
Annual Earnings2020/09/30


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.