SEHK:432

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Pacific Century Premium Developments

Executive Summary

Pacific Century Premium Developments Limited and its subsidiaries develop and manage property and infrastructure projects in the Asia-Pacific region. More Details


Snowflake Analysis

Mediocre balance sheet and overvalued.


Similar Companies

Share Price & News

How has Pacific Century Premium Developments's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 432's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-13.7%

432

-2.2%

HK Real Estate

-2.8%

HK Market


1 Year Return

-47.8%

432

-15.1%

HK Real Estate

-1.7%

HK Market

Return vs Industry: 432 underperformed the Hong Kong Real Estate industry which returned -15.1% over the past year.

Return vs Market: 432 underperformed the Hong Kong Market which returned -1.7% over the past year.


Shareholder returns

432IndustryMarket
7 Day-13.7%-2.2%-2.8%
30 Day-59.6%-4.3%2.7%
90 Day-42.3%-6.4%-0.4%
1 Year-47.8%-47.8%-10.6%-15.1%2.3%-1.7%
3 Year-73.5%-73.5%-9.1%-23.4%-8.7%-18.6%
5 Year-76.0%-76.0%31.3%5.3%13.7%-5.4%

Price Volatility Vs. Market

How volatile is Pacific Century Premium Developments's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Pacific Century Premium Developments undervalued compared to its fair value and its price relative to the market?

0.093x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 432's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 432's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 432 is unprofitable, so we can't compare its PE Ratio to the HK Real Estate industry average.

PE vs Market: 432 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 432's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 432 is good value based on its PB Ratio (0.1x) compared to the HK Real Estate industry average (0.4x).


Next Steps

Future Growth

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

18.1%

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.


Next Steps

Past Performance

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

-3.5%

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 3.5% 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 (-6.1%).


Return on Equity

High ROE: 432 has a negative Return on Equity (-10.63%), as it is currently unprofitable.


Next Steps

Financial Health

How is Pacific Century Premium Developments's financial position?


Financial Position Analysis

Short Term Liabilities: 432's short term assets (HK$3.3B) exceed its short term liabilities (HK$2.3B).

Long Term Liabilities: 432's short term assets (HK$3.3B) do not cover its long term liabilities (HK$7.7B).


Debt to Equity History and Analysis

Debt Level: 432's debt to equity ratio (221.7%) is considered high.

Reducing Debt: Insufficient data to determine if 432's debt to equity ratio has reduced 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 1.4 years if free cash flow continues to reduce at historical rates of 37.8% each year.


Next Steps

Dividend

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


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.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 432'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?

3.5yrs

Average management tenure


CEO

Benjamin Lam (59 yo)

1.42yrs

Tenure

HK$9,558,000

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 ($USD1.23M) is above average for companies of similar size in the Hong Kong market ($USD294.37K).

Compensation vs Earnings: Benjamin's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Yu Yee Lam
Deputy Chairman & Group MD1.42yrsHK$9.56mno data
Yin Man Tang
Chief Financial Officer5.83yrsno datano data
Amy Cheuk
Corporate Communications Senior Officer4.75yrsno datano data
Timothy Tsang
General Counsel & Company Secretary2.17yrsno datano data
Tzar Kai Li
Executive Director16.42yrsno data15.22%
HK$ 198.1m
Hon Hing Hui
Executive Director2.42yrsno data0.014%
HK$ 179.7k

3.5yrs

Average Tenure

55yo

Average Age

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


Board Members

NamePositionTenureCompensationOwnership
Yu Yee Lam
Deputy Chairman & Group MD1.42yrsHK$9.56mno data
Tzar Kai Li
Executive Director16.42yrsno data15.22%
HK$ 198.1m
Hon Hing Hui
Executive Director2.42yrsno data0.014%
HK$ 179.7k
Vince Feng
Independent Non-Executive Director2.58yrsHK$240.00kno data
Yun Chiang
Independent Non-Executive Director5.42yrsHK$240.00kno data
Allan Zeman
Non-Executive Director16.25yrsHK$180.00kno data
Chi Hong Lee
Non-Executive Chairman1.42yrsHK$7.86m0.0068%
HK$ 88.0k
Yue-Chim Wong
Independent Non-Executive Director16.25yrsHK$240.00kno data

4.0yrs

Average Tenure

57yo

Average Age

Experienced Board: 432's board of directors are considered experienced (4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 432 insiders have only sold shares in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been substantially diluted in the past year, with total shares outstanding growing by 294.7%.


Top Shareholders

Company Information

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


Key Information

  • Name: Pacific Century Premium Developments Limited
  • Ticker: 432
  • Exchange: SEHK
  • Founded:
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: HK$1.302b
  • Shares outstanding: 1.59b
  • Website: https://www.pcpd.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
432SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2004
DOF5DB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 2004
PCPD.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDMay 2004

Biography

Pacific Century Premium Developments Limited and its subsidiaries develop and manage property and infrastructure projects in the Asia-Pacific region. The company also invests in residential and office buil ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/31 12:50
End of Day Share Price2020/10/30 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.