Celestial Asia Securities Holdings Limited, an investment holding company, engages in the retail management business in the People’s Republic of China.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$1.96|
|52 Week High||HK$1.10|
|52 Week Low||HK$2.10|
|1 Month Change||1.03%|
|3 Month Change||34.25%|
|1 Year Change||61.98%|
|3 Year Change||-23.44%|
|5 Year Change||-84.44%|
|Change since IPO||-99.89%|
Recent News & Updates
These 4 Measures Indicate That Celestial Asia Securities Holdings (HKG:1049) Is Using Debt Extensively
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
|1049||HK Specialty Retail||HK Market|
Return vs Industry: 1049 exceeded the Hong Kong Specialty Retail industry which returned 22.7% over the past year.
Return vs Market: 1049 exceeded the Hong Kong Market which returned 6.2% over the past year.
Stable Share Price: 1049 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 1049's weekly volatility (10%) has been stable over the past year.
About the Company
Celestial Asia Securities Holdings Limited, an investment holding company, engages in the retail management business in the People’s Republic of China. It operates through Retailing and Asset Management segments. The Retailing segment is involved in the sale of furniture, household goods, and electrical appliances through a network of chain stores primarily under the Pricerite, TMF, SECO, Pricerite Food, and Pricerite Pet brand names.
Celestial Asia Securities Holdings Fundamentals Summary
|1049 fundamental statistics|
Is 1049 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|1049 income statement (TTM)|
|Cost of Revenue||HK$800.40m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.42|
|Net Profit Margin||2.42%|
How did 1049 perform over the long term?See historical performance and comparison
Is Celestial Asia Securities Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1049 (HK$1.96) is trading below our estimate of fair value (HK$42.09)
Significantly Below Fair Value: 1049 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1049 is good value based on its PE Ratio (4.7x) compared to the Hong Kong Specialty Retail industry average (11.2x).
PE vs Market: 1049 is good value based on its PE Ratio (4.7x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1049's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1049 is good value based on its PB Ratio (0.6x) compared to the HK Specialty Retail industry average (1x).
How is Celestial Asia Securities Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Retail 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 Celestial Asia Securities 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.
How has Celestial Asia Securities Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1049 has a large one-off gain of HK$40.0M impacting its June 30 2021 financial results.
Growing Profit Margin: 1049 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 1049 has become profitable over the past 5 years, growing earnings by 9.1% per year.
Accelerating Growth: 1049 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 1049 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (54.7%).
Return on Equity
High ROE: 1049's Return on Equity (15.1%) is considered low.
How is Celestial Asia Securities Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1049's short term assets (HK$405.4M) do not cover its short term liabilities (HK$660.9M).
Long Term Liabilities: 1049's short term assets (HK$405.4M) exceed its long term liabilities (HK$152.2M).
Debt to Equity History and Analysis
Debt Level: 1049's debt to equity ratio (87.8%) is considered high.
Reducing Debt: 1049's debt to equity ratio has increased from 52.6% to 87.8% over the past 5 years.
Debt Coverage: 1049's debt is well covered by operating cash flow (131.5%).
Interest Coverage: 1049's interest payments on its debt are not well covered by EBIT (1.3x coverage).
What is Celestial Asia Securities Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1049's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1049's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 1049's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1049's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 1049 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1049's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Bankee Kwan (61 yo)
Dr. Pak Hoo Kwan, also known as Bankee, JP, MBA, BBA, FFA, FHKSI, CPM(HK), FHKIM, DBA (Hon), has been Chief Executive Officer of CASH Financial Services Group Ltd. since January 1, 2020. Dr. Kwan serves as...
CEO Compensation Analysis
Compensation vs Market: Bankee's total compensation ($USD200.79K) is about average for companies of similar size in the Hong Kong market ($USD228.12K).
Compensation vs Earnings: Bankee's compensation has been consistent with company performance over the past year.
Experienced Board: 1049's board of directors are seasoned and experienced ( 11.5 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Celestial Asia Securities Holdings Limited's employee growth, exchange listings and data sources
- Name: Celestial Asia Securities Holdings Limited
- Ticker: 1049
- Exchange: SEHK
- Founded: NaN
- Industry: Homefurnishing Retail
- Sector: Retail
- Market Cap: HK$158.212m
- Shares outstanding: 80.72m
- Website: https://www.cash.com.hk
Number of Employees
- Celestial Asia Securities Holdings Limited
- Manhattan Place
- 28th Foor
- Kowloon Bay
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/21 18:02|
|End of Day Share Price||2021/10/21 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.