company background image
1212

Lifestyle International HoldingsSEHK:1212 Stock Report

Market Cap

HK$6.9b

7D

3.8%

1Y

-29.9%

Updated

26 Nov, 2021

Data

Company Financials +
1212 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth5/6
Past Performance4/6
Financial Health2/6
Dividends0/6

1212 Stock Overview

Lifestyle International Holdings Limited, an investment holding company, operates mid to upper-end department stores and other retailing formats in Hong Kong.

Lifestyle International Holdings Competitors

CITIC

SEHK:267

HK$208.3b

New World Development

SEHK:17

HK$80.3b

Miramar Hotel and Investment Company

SEHK:71

HK$8.8b

Chinese Estates Holdings

SEHK:127

HK$7.2b

Price History & Performance

Summary of all time highs, changes and price drops for Lifestyle International Holdings
Historical stock prices
Current Share PriceHK$4.61
52 Week HighHK$7.46
52 Week LowHK$4.04
Beta0.79
1 Month Change10.82%
3 Month Change-8.71%
1 Year Change-29.94%
3 Year Change-63.06%
5 Year Change-53.76%
Change since IPO11.08%

Recent News & Updates

Oct 13
The Returns On Capital At Lifestyle International Holdings (HKG:1212) Don't Inspire Confidence

The Returns On Capital At Lifestyle International Holdings (HKG:1212) Don't Inspire Confidence

What financial metrics can indicate to us that a company is maturing or even in decline? Typically, we'll see the trend...

Sep 25
Lifestyle International Holdings (HKG:1212) Use Of Debt Could Be Considered Risky

Lifestyle International Holdings (HKG:1212) Use Of Debt Could Be Considered Risky

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

1212HK Multiline RetailHK Market
7D3.8%2.9%-0.5%
1Y-29.9%-9.8%-4.2%

Return vs Industry: 1212 underperformed the Hong Kong Multiline Retail industry which returned -9.8% over the past year.

Return vs Market: 1212 underperformed the Hong Kong Market which returned -4.2% over the past year.

Price Volatility

Is 1212's price volatile compared to industry and market?
1212 volatility
1212 Average Weekly Movement6.3%
Multiline Retail Industry Average Movement5.1%
Market Average Movement6.9%
10% most volatile stocks in HK Market13.4%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 1212 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 1212's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1985673n/ahttps://www.lifestylehk.com.hk

Lifestyle International Holdings Limited, an investment holding company, operates mid to upper-end department stores and other retailing formats in Hong Kong. The company operates its stores under the SOGO brand. It owns and operates two SOGO department stores that offer daily necessities and luxury products, as well as personal care services, such as beauty salons.

Lifestyle International Holdings Fundamentals Summary

How do Lifestyle International Holdings's earnings and revenue compare to its market cap?
1212 fundamental statistics
Market CapHK$6.92b
Earnings (TTM)HK$585.41m
Revenue (TTM)HK$2.11b

11.8x

P/E Ratio

3.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1212 income statement (TTM)
RevenueHK$2.11b
Cost of RevenueHK$563.88m
Gross ProfitHK$1.55b
ExpensesHK$964.25m
EarningsHK$585.41m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.39
Gross Margin73.32%
Net Profit Margin27.70%
Debt/Equity Ratio478.8%

How did 1212 perform over the long term?

See historical performance and comparison

Valuation

Is Lifestyle 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: 1212 (HK$4.61) is trading below our estimate of fair value (HK$11.88)

Significantly Below Fair Value: 1212 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1212 is poor value based on its PE Ratio (11.8x) compared to the Hong Kong Multiline Retail industry average (10.5x).

PE vs Market: 1212 is poor value based on its PE Ratio (11.8x) compared to the Hong Kong market (9.5x).


Price to Earnings Growth Ratio

PEG Ratio: 1212 is good value based on its PEG Ratio (0.4x)


Price to Book Ratio

PB vs Industry: 1212 is overvalued based on its PB Ratio (1.7x) compared to the HK Multiline Retail industry average (0.4x).


Future Growth

How is Lifestyle International Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

32.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1212's forecast earnings growth (32.3% per year) is above the savings rate (1.5%).

Earnings vs Market: 1212's earnings (32.3% per year) are forecast to grow faster than the Hong Kong market (18.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 1212's revenue (15.8% per year) is forecast to grow faster than the Hong Kong market (12.6% per year).

High Growth Revenue: 1212's revenue (15.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1212's Return on Equity is forecast to be high in 3 years time (22.7%)


Past Performance

How has Lifestyle International Holdings performed over the past 5 years?

-21.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1212 has high quality earnings.

Growing Profit Margin: 1212's current net profit margins (27.7%) are higher than last year (15.9%).


Past Earnings Growth Analysis

Earnings Trend: 1212's earnings have declined by 21.4% per year over the past 5 years.

Accelerating Growth: 1212's earnings growth over the past year (55%) exceeds its 5-year average (-21.4% per year).

Earnings vs Industry: 1212 earnings growth over the past year (55%) exceeded the Multiline Retail industry 14.3%.


Return on Equity

High ROE: 1212's Return on Equity (14.3%) is considered low.


Financial Health

How is Lifestyle International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1212's short term assets (HK$8.5B) exceed its short term liabilities (HK$7.7B).

Long Term Liabilities: 1212's short term assets (HK$8.5B) do not cover its long term liabilities (HK$13.1B).


Debt to Equity History and Analysis

Debt Level: 1212's net debt to equity ratio (272.5%) is considered high.

Reducing Debt: 1212's debt to equity ratio has increased from 83.7% to 478.8% over the past 5 years.

Debt Coverage: 1212's debt is not well covered by operating cash flow (5.1%).

Interest Coverage: 1212's interest payments on its debt are well covered by EBIT (4.4x coverage).


Balance Sheet


Dividend

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

4.08%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1212's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1212'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 1212's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1212's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1212 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 1212'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?

16.3yrs

Average board tenure


CEO

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


Board Members

Experienced Board: 1212's board of directors are seasoned and experienced ( 16.3 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

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


Key Information

  • Name: Lifestyle International Holdings Limited
  • Ticker: 1212
  • Exchange: SEHK
  • Founded: 1985
  • Industry: Department Stores
  • Sector: Retail
  • Market Cap: HK$6.924b
  • Shares outstanding: 1.50b
  • Website: https://www.lifestylehk.com.hk

Number of Employees


Location

  • Lifestyle International Holdings Limited
  • East Point Centre
  • 20th Floor
  • Causeway Bay
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/11/26 15:57
End of Day Share Price2021/11/26 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.