company background image
29

Dynamic HoldingsSEHK:29 Stock Report

Market Cap

HK$2.8b

7D

-4.2%

1Y

-18.8%

Updated

26 Oct, 2021

Data

Company Financials
29 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

29 Overview

Dynamic Holdings Limited, an investment holding company, engages in the investment and development of properties in the People’s Republic of China and Hong Kong.

Price History & Performance

Summary of all time highs, changes and price drops for Dynamic Holdings
Historical stock prices
Current Share PriceHK$11.98
52 Week HighHK$11.30
52 Week LowHK$15.08
Beta0.49
1 Month Change-2.12%
3 Month Change-1.80%
1 Year Change-18.83%
3 Year Change90.16%
5 Year Change145.49%
Change since IPO286.45%

Recent News & Updates

Apr 13
Dynamic Holdings (HKG:29) Has A Pretty Healthy Balance Sheet

Dynamic Holdings (HKG:29) Has A Pretty Healthy Balance Sheet

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

29HK Real EstateHK Market
7D-4.2%2.8%0.4%
1Y-18.8%-6.8%6.7%

Return vs Industry: 29 underperformed the Hong Kong Real Estate industry which returned -6.8% over the past year.

Return vs Market: 29 underperformed the Hong Kong Market which returned 6.7% over the past year.

Price Volatility

Is 29's price volatile compared to industry and market?
29 volatility
29 Beta0.49
Industry Beta0.85
Market Beta1

Stable Share Price: 29 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 29's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199255Allan Chiuhttps://www.dynamic.hk

Dynamic Holdings Limited, an investment holding company, engages in the investment and development of properties in the People’s Republic of China and Hong Kong. The company operates through Property Rental and Property Sales segments. Its investment properties portfolio primarily comprises offices, shopping malls, and car parks, as well as residential properties.

Dynamic Holdings Fundamentals Summary

How do Dynamic Holdings's earnings and revenue compare to its market cap?
29 fundamental statistics
Market CapHK$2.85b
Earnings (TTM)-HK$14.06m
Revenue (TTM)HK$77.71m

36.6x

P/S Ratio

-202.5x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
29 income statement (TTM)
RevenueHK$77.71m
Cost of RevenueHK$28.11m
Gross ProfitHK$49.60m
ExpensesHK$63.67m
Earnings-HK$14.06m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.059
Gross Margin63.83%
Net Profit Margin-18.10%
Debt/Equity Ratio4.3%

How did 29 perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

-34%

Payout Ratio

Does 29 pay a reliable dividends?

See 29 dividend history and benchmarks
When do you need to buy 29 by to receive an upcoming dividend?
Dynamic Holdings dividend dates
Ex Dividend DateDec 21 2021
Dividend Pay DateJan 12 2022
Days until Ex dividend55 days
Days until Dividend pay date77 days

Does 29 pay a reliable dividends?

See 29 dividend history and benchmarks

Valuation

Is Dynamic Holdings undervalued compared to its fair value and its price relative to the market?

1.31x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 29 (HK$11.98) is trading above our estimate of fair value (HK$3.93)

Significantly Below Fair Value: 29 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 29 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Real Estate industry average.

PE vs Market: 29 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 29's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 29 is overvalued based on its PB Ratio (1.3x) compared to the HK Real Estate industry average (0.5x).


Future Growth

How is Dynamic Holdings 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 Dynamic Holdings 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 Dynamic Holdings performed over the past 5 years?

-49.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 29 is currently unprofitable.

Growing Profit Margin: 29 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 29 is unprofitable, and losses have increased over the past 5 years at a rate of 49.8% per year.

Accelerating Growth: Unable to compare 29's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 29 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (23.4%).


Return on Equity

High ROE: 29 has a negative Return on Equity (-0.53%), as it is currently unprofitable.


Financial Health

How is Dynamic Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 29's short term assets (HK$352.8M) exceed its short term liabilities (HK$154.5M).

Long Term Liabilities: 29's short term assets (HK$352.8M) do not cover its long term liabilities (HK$406.7M).


Debt to Equity History and Analysis

Debt Level: 29's debt to equity ratio (4.3%) is considered satisfactory.

Reducing Debt: 29's debt to equity ratio has reduced from 7.7% to 4.3% over the past 5 years.

Debt Coverage: 29's debt is well covered by operating cash flow (42.1%).

Interest Coverage: 29 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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

0.17%

Current Dividend Yield


Upcoming Dividend Payment

TodayOct 26 2021Ex Dividend DateDec 21 2021Dividend Pay DateJan 12 202222 days from Ex DividendBuy in the next 55 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: 29's dividend (0.17%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.24%).

High Dividend: 29's dividend (0.17%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.8%).


Stability and Growth of Payments

Stable Dividend: 29 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.

Growing Dividend: 29 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: 29 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 29'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?

2.6yrs

Average board tenure


CEO

Allan Chiu (63 yo)

2.58yrs

Tenure

HK$336,000

Compensation

Mr. Siu Hung Chiu, also known as Allan, serves as Chief Executive Officer of Dynamic Holdings Limited since May 10, 2019. Mr. Chiu served as Acting Chief Executive Officer of Dynamic Holdings Limited since...


Board Members

Experienced Board: 29's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


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

Dynamic Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Dynamic Holdings Limited
  • Ticker: 29
  • Exchange: SEHK
  • Founded: 1992
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: HK$2.848b
  • Shares outstanding: 237.70m
  • Website: https://www.dynamic.hk

Number of Employees


Location

  • Dynamic Holdings Limited
  • Eton Tower
  • 17th Floor
  • Causeway Bay
  • 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 16:10
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.