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996

Carnival Group International HoldingsSEHK:996 Stock Report

Market Cap

HK$112.8m

7D

-35.1%

1Y

-55.6%

Updated

22 Oct, 2021

Data

Company Financials
996 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health3/6
Dividends0/6

996 Overview

Carnival Group International Holdings Limited, an investment holding company, engages in the design, development, and operation of integrated largescale tourist complex projects in the People’s Republic of China and Hong Kong.

Price History & Performance

Summary of all time highs, changes and price drops for Carnival Group International Holdings
Historical stock prices
Current Share PriceHK$0.11
52 Week HighHK$0.042
52 Week LowHK$0.25
Beta-1.18
1 Month Change24.72%
3 Month Change122.00%
1 Year Change-55.60%
3 Year Change-97.06%
5 Year Change-99.52%
Change since IPO-99.99%

Recent News & Updates

Sep 17
Is Carnival Group International Holdings (HKG:996) Weighed On By Its Debt Load?

Is Carnival Group International Holdings (HKG:996) Weighed On By Its Debt Load?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Apr 06
Carnival Group International Holdings (HKG:996) Has Debt But No Earnings; Should You Worry?

Carnival Group International Holdings (HKG:996) Has Debt But No Earnings; Should You Worry?

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

Shareholder Returns

996HK Real EstateHK Market
7D-35.1%2.5%1.8%
1Y-55.6%-8.9%5.7%

Return vs Industry: 996 underperformed the Hong Kong Real Estate industry which returned -11% over the past year.

Return vs Market: 996 underperformed the Hong Kong Market which returned 6.2% over the past year.

Price Volatility

Is 996's price volatile compared to industry and market?
996 volatility
996 Beta-1.18
Industry Beta0.85
Market Beta1

Stable Share Price: 996 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 24% a week.

Volatility Over Time: 996's weekly volatility (24%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
n/a205n/ahttps://www.0996.com.hk

Carnival Group International Holdings Limited, an investment holding company, engages in the design, development, and operation of integrated largescale tourist complex projects in the People’s Republic of China and Hong Kong. It operates through Property Development and Investment, Trading and Investment Business, Hotel Operations, and Others segments. The company develops residential and commercial properties for sales, leasing, and other incidental use that include advertising; operates restaurants; invests in securities and financial instruments; and provides retail-related consultancy, management, and property management services.

Carnival Group International Holdings Fundamentals Summary

How do Carnival Group International Holdings's earnings and revenue compare to its market cap?
996 fundamental statistics
Market CapHK$112.79m
Earnings (TTM)-HK$2.86b
Revenue (TTM)HK$90.05m

1.2x

P/S Ratio

-0.04x

P/E Ratio

Valuation

Is Carnival Group International Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 996 (HK$0.12) is trading below our estimate of fair value (HK$0.36)

Significantly Below Fair Value: 996 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 996 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Real Estate industry average.

PE vs Market: 996 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 996's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 996 is good value based on its PB Ratio (0.2x) compared to the HK Real Estate industry average (0.4x).


Future Growth

How is Carnival Group International 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 Carnival Group International 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 Carnival Group International Holdings performed over the past 5 years?

-47.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 996 is currently unprofitable.

Growing Profit Margin: 996 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 996 is unprofitable, and losses have increased over the past 5 years at a rate of 47.1% per year.

Accelerating Growth: Unable to compare 996's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 996 is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (23.4%).


Return on Equity

High ROE: 996 has a negative Return on Equity (-515.22%), as it is currently unprofitable.


Financial Health

How is Carnival Group International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 996's short term assets (HK$7.0B) do not cover its short term liabilities (HK$15.7B).

Long Term Liabilities: 996's short term assets (HK$7.0B) exceed its long term liabilities (HK$1.1B).


Debt to Equity History and Analysis

Debt Level: 996's debt to equity ratio (1113.2%) is considered high.

Reducing Debt: 996's debt to equity ratio has increased from 142.4% to 1113.2% 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: Whilst unprofitable 996 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 996 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.3% per year.


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 996's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 996'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 996's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 996'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 996'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?

2.4yrs

Average board tenure


CEO

Carnival Group International Holdings has no CEO, or we have no data on them.


Board Members

Experienced Board: 996's board of directors are not considered experienced ( 2.4 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

Carnival Group International Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Carnival Group International Holdings Limited
  • Ticker: 996
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Market Cap: HK$112.789m
  • Shares outstanding: 947.81m
  • Website: https://www.0996.com.hk

Number of Employees


Location

  • Carnival Group International Holdings Limited
  • The Chinese Bank Building
  • Suites 1106-08
  • Central
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 10:08
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.