company background image
26

China Motor Bus CompanySEHK:26 Stock Report

Market Cap

HK$4.7b

7D

-0.1%

1Y

1.4%

Updated

26 Oct, 2021

Data

Company Financials
26 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

26 Overview

China Motor Bus Company, Limited, together with its subsidiaries, engages in the property development and investment activities in Hong Kong and the United Kingdom.

China Motor Bus Company Competitors

Soundwill Holdings

SEHK:878

HK$2.2b

Hong Kong Ferry (Holdings)

SEHK:50

HK$2.0b

Asia Standard International Group

SEHK:129

HK$1.2b

Vanke Overseas Investment Holding

SEHK:1036

HK$927.1m

Price History & Performance

Summary of all time highs, changes and price drops for China Motor Bus Company
Historical stock prices
Current Share PriceHK$104.50
52 Week HighHK$96.25
52 Week LowHK$119.00
Beta0.050
1 Month Change-1.42%
3 Month Change-2.34%
1 Year Change1.36%
3 Year Change10.00%
5 Year Change22.80%
Change since IPO260.35%

Recent News & Updates

Mar 15
China Motor Bus Company (HKG:26) Has Gifted Shareholders With A Fantastic 132% Total Return On Their Investment

China Motor Bus Company (HKG:26) Has Gifted Shareholders With A Fantastic 132% Total Return On Their Investment

Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...

Shareholder Returns

26HK Real EstateHK Market
7D-0.1%2.8%0.4%
1Y1.4%-6.8%6.7%

Return vs Industry: 26 exceeded the Hong Kong Real Estate industry which returned -6.8% over the past year.

Return vs Market: 26 underperformed the Hong Kong Market which returned 6.7% over the past year.

Price Volatility

Is 26's price volatile compared to industry and market?
26 volatility
26 Beta0.050
Industry Beta0.85
Market Beta1

Stable Share Price: 26 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 26's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1933n/aYiu Tat Yuen

China Motor Bus Company, Limited, together with its subsidiaries, engages in the property development and investment activities in Hong Kong and the United Kingdom. The company is involved in the development, construction, sale, marketing, and leasing of the retail, office, and apartment properties. The company was incorporated in 1933 and is based in North Point, Hong Kong.

China Motor Bus Company Fundamentals Summary

How do China Motor Bus Company's earnings and revenue compare to its market cap?
26 fundamental statistics
Market CapHK$4.73b
Earnings (TTM)-HK$17.92m
Revenue (TTM)HK$145.95m

32.4x

P/S Ratio

-264.2x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
26 income statement (TTM)
RevenueHK$145.95m
Cost of RevenueHK$0
Gross ProfitHK$145.95m
ExpensesHK$163.88m
Earnings-HK$17.92m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.40
Gross Margin100.00%
Net Profit Margin-12.28%
Debt/Equity Ratio0.0%

How did 26 perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

-126%

Payout Ratio

Does 26 pay a reliable dividends?

See 26 dividend history and benchmarks
When do you need to buy 26 by to receive an upcoming dividend?
China Motor Bus Company dividend dates
Ex Dividend DateJan 18 2022
Dividend Pay DateFeb 10 2022
Days until Ex dividend83 days
Days until Dividend pay date106 days

Does 26 pay a reliable dividends?

See 26 dividend history and benchmarks

Valuation

Is China Motor Bus Company undervalued compared to its fair value and its price relative to the market?

0.59x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 26 (HK$104.5) is trading above our estimate of fair value (HK$36.53)

Significantly Below Fair Value: 26 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 26 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Real Estate industry average.

PE vs Market: 26 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 26's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 26 is overvalued based on its PB Ratio (0.6x) compared to the HK Real Estate industry average (0.5x).


Future Growth

How is China Motor Bus Company forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.8%

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 China Motor Bus Company 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 China Motor Bus Company performed over the past 5 years?

-13.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 26 is currently unprofitable.

Growing Profit Margin: 26 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 26 is unprofitable, and losses have increased over the past 5 years at a rate of 13.4% per year.

Accelerating Growth: Unable to compare 26's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 26 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (23.4%).


Return on Equity

High ROE: 26 has a negative Return on Equity (-0.22%), as it is currently unprofitable.


Financial Health

How is China Motor Bus Company's financial position?


Financial Position Analysis

Short Term Liabilities: 26's short term assets (HK$2.5B) exceed its short term liabilities (HK$48.6M).

Long Term Liabilities: 26's short term assets (HK$2.5B) exceed its long term liabilities (HK$47.5M).


Debt to Equity History and Analysis

Debt Level: 26 is debt free.

Reducing Debt: 26 has not had any debt for past 5 years.

Debt Coverage: 26 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 26 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is China Motor Bus Company current dividend yield, its reliability and sustainability?

0.48%

Current Dividend Yield


Upcoming Dividend Payment

TodayOct 27 2021Ex Dividend DateJan 18 2022Dividend Pay DateFeb 10 202223 days from Ex DividendBuy in the next 83 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 26's dividend (0.48%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.24%).

High Dividend: 26's dividend (0.48%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.8%).


Stability and Growth of Payments

Stable Dividend: 26 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.

Growing Dividend: 26 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: 26 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 26'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?

1.1yrs

Average management tenure


CEO

Yiu Tat Yuen (59 yo)

1.08yrs

Tenure

HK$888,000

Compensation

Mr. Yiu Tat Yuen, BBA (Hons), FCCA, CPA, AHKSA, serves as Acting Chief Executive Officer at China Motor Bus Company, Limited since September 29, 2020. Mr. Yuen has been the Chief Accountant of China Motor...


CEO Compensation Analysis

Compensation vs Market: Yiu Tat's total compensation ($USD114.23K) is below average for companies of similar size in the Hong Kong market ($USD440.19K).

Compensation vs Earnings: Insufficient data to compare Yiu Tat's compensation with company performance.


Leadership Team

Experienced Management: 26's management team is not considered experienced ( 1.1 years average tenure), which suggests a new team.


Board Members

Experienced Board: 26's board of directors are considered experienced (4.8 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

China Motor Bus Company, Limited's employee growth, exchange listings and data sources


Key Information

  • Name: China Motor Bus Company, Limited
  • Ticker: 26
  • Exchange: SEHK
  • Founded: 1933
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: HK$4.735b
  • Shares outstanding: 45.31m

Location

  • China Motor Bus Company, Limited
  • Island Place Tower
  • 2606-08, 26th Floor
  • North Point
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:13
End of Day Share Price2021/10/26 00:00
Earnings2021/06/30
Annual Earnings2021/06/30


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.