Ever Reach Group (Holdings) Company Limited, an investment holding company, engages in the property development and investment activities in the People’s Republic of China.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$1.17|
|52 Week High||HK$0.93|
|52 Week Low||HK$1.73|
|1 Month Change||-18.18%|
|3 Month Change||-15.22%|
|1 Year Change||18.18%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||3.54%|
Recent News & Updates
|3616||HK Real Estate||HK Market|
Return vs Industry: 3616 exceeded the Hong Kong Real Estate industry which returned -7.3% over the past year.
Return vs Market: 3616 exceeded the Hong Kong Market which returned 5.9% over the past year.
Stable Share Price: 3616 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: 3616's weekly volatility (6%) has been stable over the past year.
About the Company
Ever Reach Group (Holdings) Company Limited, an investment holding company, engages in the property development and investment activities in the People’s Republic of China. The company develops and sells residential and commercial properties, car parking spaces, and storage facilities. It also provides trading and house rental services; and real estate brokerage, rental agency, and information consultation services.
Ever Reach Group (Holdings) Fundamentals Summary
|3616 fundamental statistics|
Is 3616 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|3616 income statement (TTM)|
|Cost of Revenue||CN¥1.78b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.25|
|Net Profit Margin||11.30%|
How did 3616 perform over the long term?See historical performance and comparison
5.1%Current Dividend Yield
Is Ever Reach Group (Holdings) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3616 (HK$1.17) is trading below our estimate of fair value (HK$73.62)
Significantly Below Fair Value: 3616 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3616 is good value based on its PE Ratio (3.8x) compared to the Hong Kong Real Estate industry average (7.7x).
PE vs Market: 3616 is good value based on its PE Ratio (3.8x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3616's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3616 is overvalued based on its PB Ratio (0.8x) compared to the HK Real Estate industry average (0.5x).
How is Ever Reach Group (Holdings) 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 Ever Reach Group (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.
How has Ever Reach Group (Holdings) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3616 has high quality earnings.
Growing Profit Margin: 3616's current net profit margins (11.3%) are lower than last year (14.2%).
Past Earnings Growth Analysis
Earnings Trend: 3616's earnings have grown significantly by 20.4% per year over the past 5 years.
Accelerating Growth: 3616's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3616 had negative earnings growth (-0.6%) over the past year, making it difficult to compare to the Real Estate industry average (23.4%).
Return on Equity
High ROE: 3616's Return on Equity (19.5%) is considered low.
How is Ever Reach Group (Holdings)'s financial position?
Financial Position Analysis
Short Term Liabilities: 3616's short term assets (CN¥9.5B) exceed its short term liabilities (CN¥7.9B).
Long Term Liabilities: 3616's short term assets (CN¥9.5B) exceed its long term liabilities (CN¥435.4M).
Debt to Equity History and Analysis
Debt Level: 3616's debt to equity ratio (50.6%) is considered high.
Reducing Debt: 3616's debt to equity ratio has reduced from 721.8% to 50.6% over the past 5 years.
Debt Coverage: 3616's debt is well covered by operating cash flow (173.2%).
Interest Coverage: 3616's interest payments on its debt are well covered by EBIT (61.3x coverage).
What is Ever Reach Group (Holdings) current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3616's dividend (5.12%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.22%).
High Dividend: 3616's dividend (5.12%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.77%).
Stability and Growth of Payments
Stable Dividend: 3616 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3616 has only been paying a dividend for 3 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20%), 3616's dividend payments are 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 management tenure
Zhenfeng Wang (52 yo)
Mr. Wang Zhenfeng serves as the Chief Executive Officer of Ever Reach Group (Holdings) Company Limited and has been its Executive Director since May 19, 2017. Mr. Wang joined Ever Reach Group in May 2002 s...
CEO Compensation Analysis
Compensation vs Market: Zhenfeng's total compensation ($USD176.52K) is below average for companies of similar size in the Hong Kong market ($USD298.29K).
Compensation vs Earnings: Zhenfeng's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
Experienced Management: 3616's management team is considered experienced (4.4 years average tenure).
Experienced Board: 3616's board of directors are considered experienced (3.7 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.
Ever Reach Group (Holdings) Company Limited's employee growth, exchange listings and data sources
- Name: Ever Reach Group (Holdings) Company Limited
- Ticker: 3616
- Exchange: SEHK
- Founded: 1992
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$1.404b
- Shares outstanding: 1.20b
- Website: https://www.everreachgroup.com
Number of Employees
- Ever Reach Group (Holdings) Company Limited
- 266 Bayi Road
- Weidu District
- Henan Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/23 10:05|
|End of Day Share Price||2021/10/22 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.