Wah Ha Realty Company Limited, an investment holding company, invests in, develops, and manages properties in Hong Kong.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$4.90|
|52 Week High||HK$4.50|
|52 Week Low||HK$5.18|
|1 Month Change||5.38%|
|3 Month Change||-1.21%|
|1 Year Change||-1.01%|
|3 Year Change||-36.36%|
|5 Year Change||-39.13%|
|Change since IPO||488.00%|
Recent News & Updates
Is Wah Ha Realty Company Limited (HKG:278) A Risky Dividend Stock?
Today we'll take a closer look at Wah Ha Realty Company Limited ( HKG:278 ) from a dividend investor's perspective...
|278||HK Real Estate||HK Market|
Return vs Industry: 278 exceeded the Hong Kong Real Estate industry which returned -11% over the past year.
Return vs Market: 278 underperformed the Hong Kong Market which returned 6.2% over the past year.
Stable Share Price: 278 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 278's weekly volatility (3%) has been stable over the past year.
About the Company
Wah Ha Realty Company Limited, an investment holding company, invests in, develops, and manages properties in Hong Kong. The company’s properties comprise commercial/shopping arcades, industrial/godown, and residential properties. It also operates as a building contractor.
Wah Ha Realty Fundamentals Summary
|278 fundamental statistics|
Is 278 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|278 income statement (TTM)|
|Cost of Revenue||HK$1.18m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.025|
|Net Profit Margin||8.80%|
How did 278 perform over the long term?See historical performance and comparison
6.9%Current Dividend Yield
Is Wah Ha Realty undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 278 (HK$4.9) is trading above our estimate of fair value (HK$4.75)
Significantly Below Fair Value: 278 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 278 is poor value based on its PE Ratio (193.4x) compared to the Hong Kong Real Estate industry average (7.6x).
PE vs Market: 278 is poor value based on its PE Ratio (193.4x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 278's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 278's PB Ratio (0.5x) is in line with the HK Real Estate industry average.
How is Wah Ha Realty 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 Wah Ha Realty 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 Wah Ha Realty performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 278 has a large one-off loss of HK$29.0M impacting its March 31 2021 financial results.
Growing Profit Margin: 278 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 278's earnings have declined by 25.5% per year over the past 5 years.
Accelerating Growth: 278 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 278 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (23.4%).
Return on Equity
High ROE: 278's Return on Equity (0.2%) is considered low.
How is Wah Ha Realty's financial position?
Financial Position Analysis
Short Term Liabilities: 278's short term assets (HK$318.3M) exceed its short term liabilities (HK$72.1M).
Long Term Liabilities: 278's short term assets (HK$318.3M) exceed its long term liabilities (HK$955.4K).
Debt to Equity History and Analysis
Debt Level: 278 is debt free.
Reducing Debt: 278 has not had any debt for past 5 years.
Debt Coverage: 278 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 278 has no debt, therefore coverage of interest payments is not a concern.
What is Wah Ha Realty current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 278's dividend (6.94%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).
High Dividend: 278's dividend (6.94%) is in the top 25% of dividend payers in the Hong Kong market (6.79%)
Stability and Growth of Payments
Stable Dividend: 278's dividend payments have been volatile in the past 10 years.
Growing Dividend: 278's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (868.2%), 278's dividend payments are not 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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Wah Ha Realty has no CEO, or we have no data on them.
Experienced Board: 278's board of directors are seasoned and experienced ( 19.3 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Wah Ha Realty Company Limited's employee growth, exchange listings and data sources
- Name: Wah Ha Realty Company Limited
- Ticker: 278
- Exchange: SEHK
- Founded: 1961
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: HK$592.704m
- Shares outstanding: 120.96m
- Website: https://www.wahha.com
Number of Employees
- Wah Ha Realty Company Limited
- Dominion Centre
- Room 2500
- Wan Chai
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:03|
|End of Day Share Price||2021/10/21 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.