Winfair Investment Company Limited, together with its subsidiaries, engages in the property and share investment, property development, and securities dealing activities in Hong Kong.
Excellent balance sheet and fair value.
Share Price & News
How has Winfair Investment's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 287 has not had significant price volatility in the past 3 months.
7 Day Return
HK Real Estate
1 Year Return
HK Real Estate
Return vs Industry: 287 underperformed the Hong Kong Real Estate industry which returned -4.6% over the past year.
Return vs Market: 287 underperformed the Hong Kong Market which returned -5.1% over the past year.
Price Volatility Vs. Market
How volatile is Winfair Investment's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDo Institutions Own Winfair Investment Company Limited (HKG:287) Shares?
2 months ago | Simply Wall StWe're Not So Sure You Should Rely on Winfair Investment's (HKG:287) Statutory Earnings
3 months ago | Simply Wall StWhat Kind Of Investor Owns Most Of Winfair Investment Company Limited (HKG:287)?
Is Winfair Investment 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: 287 (HK$9.7) is trading above our estimate of fair value (HK$1.67)
Significantly Below Fair Value: 287 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 287 is good value based on its PE Ratio (5.7x) compared to the Real Estate industry average (6.8x).
PE vs Market: 287 is good value based on its PE Ratio (5.7x) compared to the Hong Kong market (10.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 287's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 287 is good value based on its PB Ratio (0.3x) compared to the HK Real Estate industry average (0.5x).
How is Winfair Investment 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 Winfair Investment 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.
- Examine whether Winfair Investment is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Winfair Investment competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Winfair Investment performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 287 has a large one-off gain of HK$45.0M impacting its September 30 2019 financial results.
Growing Profit Margin: 287's current net profit margins are lower than last year .
Past Earnings Growth Analysis
Earnings Trend: 287's earnings have grown significantly by 35.1% per year over the past 5 years.
Accelerating Growth: 287's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 287 had negative earnings growth (-76.9%) over the past year, making it difficult to compare to the Real Estate industry average (-9.7%).
Return on Equity
High ROE: 287's Return on Equity (5.3%) is considered low.
Return on Assets
Return on Capital Employed
How is Winfair Investment's financial position?
Financial Position Analysis
Short Term Liabilities: 287's short term assets (HK$210.7M) exceed its short term liabilities (HK$34.9M).
Long Term Liabilities: 287's short term assets (HK$210.7M) exceed its long term liabilities (HK$1.0M).
Debt to Equity History and Analysis
Debt Level: 287's debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: 287's debt to equity ratio has reduced from 4% to 1.6% over the past 5 years.
Debt Coverage: 287's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 287 earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: 287 has a high level of physical assets or inventory.
Debt Coverage by Assets: 287's debt is covered by short term assets (assets are 10.6x debt).
What is Winfair Investment's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 287's dividend (1.44%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 287's dividend (1.44%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.28%).
Stability and Growth of Payments
Stable Dividend: 287's dividend payments have been volatile in the past 10 years.
Growing Dividend: 287's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (8.3%), 287's dividend payments are thoroughly 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
Winfair Investment has no CEO, or we have no data on them.
|Executive Director||11.9yrs||HK$722.76k||4.72% HK$18.3m|
|Independent Non-Executive Director||24.3yrs||HK$100.00k||no data|
|Non-Executive Director||9.9yrs||HK$100.00k||12.56% HK$48.8m|
|Non-Executive Director||34.3yrs||HK$100.00k||14.9% HK$57.8m|
|Independent Non-Executive Director||15.4yrs||HK$100.00k||no data|
|Non-Executive Director||2.7yrs||HK$100.00k||0.26% HK$1.0m|
|Independent Non-Executive Director||1.8yrs||HK$99.45k||no data|
Experienced Board: 287's board of directors are seasoned and experienced ( 10.9 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Winfair Investment Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Winfair Investment Company Limited
- Ticker: 287
- Exchange: SEHK
- Founded: 1971
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: HK$388.000m
- Shares outstanding: 40.00m
- Website: https://www.winfairinvestment.com
Number of Employees
- Winfair Investment Company Limited
- 501-2, Lee Kiu Building
- 5th Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|287||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
Winfair Investment Company Limited, together with its subsidiaries, engages in the property and share investment, property development, and securities dealing activities in Hong Kong. The company operates through Securities Investment, Property Leasing, and Property Development segments. It invests in short-term and long-term securities, as well as leases residential, commercial, and industrial properties. The company was founded in 1971 and is based in Kowloon, Hong Kong.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 12:36|
|End of Day Share Price||2020/02/19 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.