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432

Pacific Century Premium Developments SEHK:432 Stock Report

Last Price

HK$0.46

Market Cap

HK$927.4m

7D

-2.2%

1Y

-37.7%

Updated

22 Jun, 2022

Data

Company Financials
432 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

432 Stock Overview

Pacific Century Premium Developments Limited, together with its subsidiaries, develops and manages property and infrastructure projects in the Asia-Pacific region.

Pacific Century Premium Developments Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Pacific Century Premium Developments
Historical stock prices
Current Share PriceHK$0.46
52 Week HighHK$0.74
52 Week LowHK$0.42
Beta1.04
1 Month Change-2.15%
3 Month Change-10.78%
1 Year Change-37.67%
3 Year Change-78.23%
5 Year Change-85.18%
Change since IPO-80.64%

Recent News & Updates

Shareholder Returns

432HK Real EstateHK Market
7D-2.2%1.5%-1.2%
1Y-37.7%-35.2%-23.8%

Return vs Industry: 432 underperformed the Hong Kong Real Estate industry which returned -33.9% over the past year.

Return vs Market: 432 underperformed the Hong Kong Market which returned -21.5% over the past year.

Price Volatility

Is 432's price volatile compared to industry and market?
432 volatility
432 Average Weekly Movement3.8%
Real Estate Industry Average Movement6.1%
Market Average Movement7.0%
10% most volatile stocks in HK Market13.6%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 432 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 432's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a1,066Benjamin Lamhttps://www.pcpd.com

Pacific Century Premium Developments Limited, together with its subsidiaries, develops and manages property and infrastructure projects in the Asia-Pacific region. The company also invests in residential and office buildings and properties; and provides professional property management, facilities management, asset management, and administrative services. In addition, it offers property leasing and sale agency, leasing and financing, travel agency, trademark registrant, ski operation, and hotel management services.

Pacific Century Premium Developments Fundamentals Summary

How do Pacific Century Premium Developments's earnings and revenue compare to its market cap?
432 fundamental statistics
Market CapHK$927.40m
Earnings (TTM)-HK$825.00m
Revenue (TTM)HK$467.00m

2.0x

P/S Ratio

-1.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
432 income statement (TTM)
RevenueHK$467.00m
Cost of RevenueHK$169.00m
Gross ProfitHK$298.00m
Other ExpensesHK$1.12b
Earnings-HK$825.00m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.40
Gross Margin63.81%
Net Profit Margin-176.66%
Debt/Equity Ratio444.5%

How did 432 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 432 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 432?

Other financial metrics that can be useful for relative valuation.

432 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue19.2x
Enterprise Value/EBITDA-46.5x
PEG Ration/a

Price to Sales Ratio vs Peers

How does 432's PS Ratio compare to its peers?

432 PS Ratio vs Peers
The above table shows the PS ratio for 432 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.1x

Price-To-Sales vs Peers: 432 is expensive based on its Price-To-Sales Ratio (2x) compared to the peer average (0.1x).


Price to Earnings Ratio vs Industry

How does 432's PE Ratio compare vs other companies in the Hong Kong Real Estate Industry?

Price-To-Sales vs Industry: 432 is expensive based on its Price-To-Sales Ratio (2x) compared to the Hong Kong Real Estate industry average (1.1x)


Price to Sales Ratio vs Fair Ratio

What is 432's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

432 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 432's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 432 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 432's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 432's fair value for valuation analysis.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 432's PEG Ratio to determine if it is good value.


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Future Growth

How is Pacific Century Premium Developments forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.0%

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 Pacific Century Premium Developments 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.


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  • Take a look at our analysis of 432’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Pacific Century Premium Developments competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Pacific Century Premium Developments performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-21.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 432 is currently unprofitable.

Growing Profit Margin: 432 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 432 is unprofitable, and losses have increased over the past 5 years at a rate of 21.7% per year.

Accelerating Growth: Unable to compare 432's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 432 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (14.7%).


Return on Equity

High ROE: 432 has a negative Return on Equity (-32.43%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Pacific Century Premium Developments's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: 432's short term assets (HK$4.9B) exceed its short term liabilities (HK$3.4B).

Long Term Liabilities: 432's short term assets (HK$4.9B) do not cover its long term liabilities (HK$9.1B).


Debt to Equity History and Analysis

Debt Level: 432's net debt to equity ratio (308.5%) is considered high.

Reducing Debt: 432's debt to equity ratio has increased from 10.1% to 444.5% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 432 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 432 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 5.9% each year


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Dividend

What is Pacific Century Premium Developments's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 432's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 432's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 432's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 432's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 432 has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

3.5yrs

Average management tenure


CEO

Benjamin Lam (60 yo)

3.17yrs

Tenure

HK$21,378,000

Compensation

Mr. Lam Yu Yee, also known as Benjamin, serves as Deputy Chairman and Group Managing Director at Pacific Century Premium Developments Limited since May 8, 2019. He served as the Deputy Chief Executive Offi...


CEO Compensation Analysis

Compensation vs Market: Benjamin's total compensation ($USD2.72M) is above average for companies of similar size in the Hong Kong market ($USD232.80K).

Compensation vs Earnings: Benjamin's compensation has increased whilst the company is unprofitable.


Leadership Team

Experienced Management: 432's management team is considered experienced (3.5 years average tenure).


Board Members

Experienced Board: 432's board of directors are seasoned and experienced ( 17.9 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

Pacific Century Premium Developments Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Pacific Century Premium Developments Limited
  • Ticker: 432
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Implied Market Cap: HK$927.398m
  • Shares outstanding: 2.04b
  • Website: https://www.pcpd.com

Number of Employees


Location

  • Pacific Century Premium Developments Limited
  • Cyberport 2
  • 8th Floor
  • Hong Kong
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/22 00:00
End of Day Share Price2022/06/22 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.