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1049

Celestial Asia Securities HoldingsSEHK:1049 Stock Report

Market Cap

HK$158.2m

7D

0%

1Y

62.0%

Updated

21 Oct, 2021

Data

Company Financials
1049 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance2/6
Financial Health2/6
Dividends0/6

1049 Overview

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

Summary of all time highs, changes and price drops for Celestial Asia Securities Holdings
Historical stock prices
Current Share PriceHK$1.96
52 Week HighHK$1.10
52 Week LowHK$2.10
Beta0.52
1 Month Change1.03%
3 Month Change34.25%
1 Year Change61.98%
3 Year Change-23.44%
5 Year Change-84.44%
Change since IPO-99.89%

Recent News & Updates

Sep 12
These 4 Measures Indicate That Celestial Asia Securities Holdings (HKG:1049) Is Using Debt Extensively

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...

Shareholder Returns

1049HK Specialty RetailHK Market
7D0%-2.7%1.8%
1Y62.0%23.2%5.7%

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.

Price Volatility

Is 1049's price volatile compared to industry and market?
1049 volatility
1049 Beta0.52
Industry Beta0.89
Market Beta1

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

FoundedEmployeesCEOWebsite
n/a781Bankee Kwanhttps://www.cash.com.hk

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


Earnings & Revenue

Key profitability statistics from the latest earnings report
1049 income statement (TTM)
RevenueHK$1.40b
Cost of RevenueHK$800.40m
Gross ProfitHK$603.42m
ExpensesHK$569.47m
EarningsHK$33.95m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.42
Gross Margin42.98%
Net Profit Margin2.42%
Debt/Equity Ratio87.8%

How did 1049 perform over the long term?

See historical performance and comparison

Valuation

Is Celestial Asia Securities 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: 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).


Future Growth

How is Celestial Asia Securities Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.0%

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.


Past Performance

How has Celestial Asia Securities Holdings performed over the past 5 years?

9.1%

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.


Financial Health

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).


Balance Sheet


Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

11.5yrs

Average board tenure


CEO

Bankee Kwan (61 yo)

no data

Tenure

HK$1,561,000

Compensation

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.


Board Members

Experienced Board: 1049's board of directors are seasoned and experienced ( 11.5 years average tenure).


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Celestial Asia Securities Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Celestial Asia Securities Holdings Limited
  • Manhattan Place
  • 28th Foor
  • Kowloon Bay
  • Kowloon
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:02
End of Day Share Price2021/10/21 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.