9968 Stock Overview
Huijing Holdings Company Limited, an investment holding company, engages in the property development and investment activities primarily in Mainland China.
Huijing Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.23|
|52 Week High||HK$2.05|
|52 Week Low||HK$0.15|
|1 Month Change||-86.69%|
|3 Month Change||-87.87%|
|1 Year Change||-88.11%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||-88.05%|
Recent News & Updates
Huijing Holdings' (HKG:9968) Dividend Will Be Reduced To HK$0.025
Huijing Holdings Company Limited's ( HKG:9968 ) dividend is being reduced to HK$0.025 on the 11th of October. Based on...
These 4 Measures Indicate That Huijing Holdings (HKG:9968) Is Using Debt Extensively
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
|9968||HK Real Estate||HK Market|
Return vs Industry: 9968 underperformed the Hong Kong Real Estate industry which returned -33.1% over the past year.
Return vs Market: 9968 underperformed the Hong Kong Market which returned -20.5% over the past year.
|9968 Average Weekly Movement||32.6%|
|Real Estate Industry Average Movement||5.8%|
|Market Average Movement||6.6%|
|10% most volatile stocks in HK Market||12.9%|
|10% least volatile stocks in HK Market||3.1%|
Stable Share Price: 9968 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 33% a week.
Volatility Over Time: 9968's weekly volatility has increased from 16% to 33% over the past year.
About the Company
|2004||545||Zhao Ming Lun||https://www.huijingholdings.com|
Huijing Holdings Company Limited, an investment holding company, engages in the property development and investment activities primarily in Mainland China. The company focuses on urban renewal projects covering residential, integrated, and industry-specific property projects. It develops residential properties, including townhouses, mansions, and villas, as well as commercial properties comprising retail outlets, shopping malls, offices, and hotels.
Huijing Holdings Fundamentals Summary
|9968 fundamental statistics|
Is 9968 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|9968 income statement (TTM)|
|Cost of Revenue||CN¥3.64b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
|Earnings per share (EPS)||0.049|
|Net Profit Margin||4.82%|
How did 9968 perform over the long term?See historical performance and comparison
10.3%Current Dividend Yield
Is 9968 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 9968?
Other financial metrics that can be useful for relative valuation.
|What is 9968's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 9968's PE Ratio compare to its peers?
|9968 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
131 Cheuk Nang (Holdings)
199 ITC Properties Group
832 Central China Real Estate
298 Chuang's China Investments
9968 Huijing Holdings
Price-To-Earnings vs Peers: 9968 is good value based on its Price-To-Earnings Ratio (4.1x) compared to the peer average (6.2x).
Price to Earnings Ratio vs Industry
How does 9968's PE Ratio compare vs other companies in the HK Real Estate Industry?
Price-To-Earnings vs Industry: 9968 is good value based on its Price-To-Earnings Ratio (4.1x) compared to the Hong Kong Real Estate industry average (5.7x)
Price to Earnings Ratio vs Fair Ratio
What is 9968's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||4.1x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 9968's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 9968 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 9968 (HK$0.23) is trading below our estimate of fair value (HK$0.35)
Significantly Below Fair Value: 9968 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Huijing Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Huijing 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.
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- Examine whether Huijing Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Huijing Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Huijing Holdings performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 9968 has a high level of non-cash earnings.
Growing Profit Margin: 9968's current net profit margins (4.8%) are lower than last year (10%).
Past Earnings Growth Analysis
Earnings Trend: 9968's earnings have grown by 9% per year over the past 5 years.
Accelerating Growth: 9968's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 9968 had negative earnings growth (-50.4%) over the past year, making it difficult to compare to the Real Estate industry average (17%).
Return on Equity
High ROE: 9968's Return on Equity (12.9%) is considered low.
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How is Huijing Holdings's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 9968's short term assets (CN¥12.3B) exceed its short term liabilities (CN¥8.6B).
Long Term Liabilities: 9968's short term assets (CN¥12.3B) exceed its long term liabilities (CN¥2.3B).
Debt to Equity History and Analysis
Debt Level: 9968's net debt to equity ratio (37.1%) is considered satisfactory.
Reducing Debt: 9968's debt to equity ratio has reduced from 565.5% to 106.1% over the past 5 years.
Debt Coverage: 9968's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 9968's interest payments on its debt are well covered by EBIT (8.8x coverage).
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What is Huijing Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 9968's dividend (10.33%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.87%).
High Dividend: 9968's dividend (10.33%) is in the top 25% of dividend payers in the Hong Kong market (8.36%)
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 9968's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 9968's dividend payments are increasing as they only just started paying a dividend.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (41.4%), 9968's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 9968 is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Zhao Ming Lun (57 yo)
Mr. Zhao Ming Lun serves as Chief Executive Officer at Huijing Holdings Co. Ltd. He has been Executive Director at Huijing Holdings Co. Ltd. since March 25, 2019.Mr. Lun graduated from Sun Yat-Sen Univers...
Experienced Board: 9968's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 9968 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Huijing Holdings Company Limited's employee growth, exchange listings and data sources
- Name: Huijing Holdings Company Limited
- Ticker: 9968
- Exchange: SEHK
- Founded: 2004
- Industry: Real Estate Development
- Sector: Real Estate
- Implied Market Cap: HK$1.224b
- Shares outstanding: 5.25b
- Website: https://www.huijingholdings.com
Number of Employees
- Huijing Holdings Company Limited
- 1, Beihuan Lu
- Guangdong Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/07 00:00|
|End of Day Share Price||2022/08/05 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.