SEHK:542

Stock Analysis Report

TFG International Group

Executive Summary

TFG International Group Limited engages in the property development and hotel businesses in Hong Kong and the People’s Republic of China.

Snowflake

Fundamentals

Worrying balance sheet with weak fundamentals.

Risks

  • TFG International Group is not covered by any analysts.

Share Price & News

How has TFG International Group's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-7.7%

SEHK:542

0.1%

HK Real Estate

-0.6%

HK Market


1 Year Return

-15.2%

SEHK:542

-7.1%

HK Real Estate

-9.8%

HK Market

542 underperformed the Real Estate industry which returned -7.1% over the past year.

542 underperformed the Market in Hong Kong which returned -9.8% over the past year.


Share holder returns

542IndustryMarket
7 Day-7.7%0.1%-0.6%
30 Day-11.9%-12.9%-8.8%
90 Day1.3%-11.3%-8.4%
1 Year-15.2%-15.2%-3.2%-7.1%-6.5%-9.8%
3 Year89.3%89.3%32.5%18.7%12.8%1.6%
5 Year73.5%73.5%44.0%19.3%7.2%-10.6%

Price Volatility Vs. Market

How volatile is TFG International Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is TFG International Group undervalued based on future cash flows and its price relative to the stock market?

2.87x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for TFG International Group to establish if it is available at moderate discount.

Unable to calculate intrinsic value for TFG International Group to establish if it is available at substantial discount.


Price Based on Earnings

TFG International Group is loss making, we can't compare its value to the HK Real Estate industry average.

TFG International Group is loss making, we can't compare the value of its earnings to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for TFG International Group, we can't assess if its growth is good value.


Price Based on Value of Assets

TFG International Group is overvalued based on assets compared to the HK Real Estate industry average.


Next Steps

Future Growth

How is TFG International Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.0%

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 TFG International Group 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 TFG International Group performed over the past 5 years?

-35.1%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

TFG International Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare TFG International Group's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare TFG International Group's 1-year growth to the HK Real Estate industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if TFG International Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if TFG International Group has efficiently used its assets last year compared to the HK Real Estate industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if TFG International Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is TFG International Group's financial position?


Financial Position Analysis

TFG International Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

TFG International Group's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

TFG International Group's level of debt (94.3%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (3.8% vs 94.3% today).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.8x debt.


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.

TFG International Group has less than a year of cash runway based on current free cash flow.

TFG International Group has less than a year of cash runway if free cash flow continues to grow at historical rates of 96.3% each year.


Next Steps

Dividend

What is TFG International Group's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate TFG International Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate TFG International Group's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as TFG International Group has not reported any payouts.

Unable to verify if TFG International Group's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as TFG International Group has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of TFG International Group's salary, the management and board of directors tenure and is there insider trading?

6.4yrs

Average board tenure


CEO

Jianjun Wan (40yo)

0.3yrs

Tenure

HK$750,000

Compensation

Mr. Jianjun Wan has been Executive Director of TFG International Group Limited since April 15, 2019 and has been its Chief Executive Officer since April 2019. He was Executive Director of TFG International ...


CEO Compensation Analysis

Jianjun's remuneration is lower than average for companies of similar size in Hong Kong.

Insufficient data for Jianjun to compare compensation growth.


Board Age and Tenure

6.4yrs

Average Tenure

44yo

Average Age

The tenure for the TFG International Group board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

BuyHK$296,997,77411 Jan 19
Shirble Department Store Limited
EntityCompany
Shares1,320,000,000
Max PriceHK$0.22
SellHK$296,997,77410 Jan 19
Lijun Yang
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares1,320,000,000
Max PriceHK$0.22
BuyHK$782,87220 Nov 18
Lijun Yang
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares3,392,000
Max PriceHK$0.23
BuyHK$469,20220 Nov 18
Lijun Yang
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares2,040,000
Max PriceHK$0.23
BuyHK$350,68520 Nov 18
Lijun Yang
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares1,560,000
Max PriceHK$0.22
BuyHK$385,42903 Oct 18
Lijun Yang
EntityIndividual
Role
Chairman of the Board
Chairman of the Board
Shares1,744,000
Max PriceHK$0.22

Ownership Breakdown


Management Team

  • Chung Ping Woo

    Group Financial Controller & Company Secretary

    • Tenure: 0.0yrs
  • Lijun Yang (44yo)

    Chairman of the Board

    • Tenure: 0.0yrs
    • Compensation: HK$1.83m
  • Jianjun Wan (40yo)

    Executive Director & CEO

    • Tenure: 0.3yrs
    • Compensation: HK$750.00k
  • Kam Hung Yu (56yo)

    Executive Director

    • Tenure: 1.1yrs
    • Compensation: HK$1.30m

Board Members

  • Danny Wong (60yo)

    Non-Executive Director

    • Tenure: 4.0yrs
  • Hoi Ling Chan (45yo)

    Independent Non-Executive Director

    • Tenure: 8.8yrs
    • Compensation: HK$120.00k
  • Wai Lam So (38yo)

    Independent Non-Executive Director

    • Tenure: 8.8yrs
    • Compensation: HK$120.00k
  • Yat Chun Sung (41yo)

    Independent Non-Executive Director

    • Tenure: 8.8yrs
    • Compensation: HK$120.00k
  • Lijun Yang (44yo)

    Chairman of the Board

    • Tenure: 0.0yrs
    • Compensation: HK$1.83m
  • Jianjun Wan (40yo)

    Executive Director & CEO

    • Tenure: 0.3yrs
    • Compensation: HK$750.00k
  • Kam Hung Yu (56yo)

    Executive Director

    • Tenure: 1.1yrs
    • Compensation: HK$1.30m

Company Information

TFG International Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TFG International Group Limited
  • Ticker: 542
  • Exchange: SEHK
  • Founded: 1988
  • Industry: Real Estate Operating Companies
  • Sector: Real Estate
  • Market Cap: HK$1.591b
  • Shares outstanding: 6.95b
  • Website: https://www.tfginternationalgroup.com

Number of Employees


Location

  • TFG International Group Limited
  • Block A, Cheung Kei Center
  • 11th Floor
  • Hung Hom
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
542SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992

Biography

TFG International Group Limited engages in the property development and hotel businesses in Hong Kong and the People’s Republic of China. The company’s Property Development segment develops and sells resid ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/18 12:36
End of Day Share Price2019/08/16 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.