The Sincere Company, Limited operates a chain of department stores in Hong Kong.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.51|
|52 Week High||HK$0.23|
|52 Week Low||HK$0.79|
|1 Month Change||8.51%|
|3 Month Change||-7.27%|
|1 Year Change||45.71%|
|3 Year Change||220.76%|
|5 Year Change||24.39%|
|Change since IPO||-72.43%|
Recent News & Updates
|244||HK Multiline Retail||HK Market|
Return vs Industry: 244 exceeded the Hong Kong Multiline Retail industry which returned -11.4% over the past year.
Return vs Market: 244 exceeded the Hong Kong Market which returned 6.2% over the past year.
Stable Share Price: 244 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: 244's weekly volatility has decreased from 17% to 11% over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
The Sincere Company, Limited operates a chain of department stores in Hong Kong. The company operates four department stores, which offer fashion apparel, shoes and handbags, and sports equipment, as well as household, electrical, bedding and bath, travel, and food merchandises. It is also involved in property subleasing; securities trading activities; and provision of general and life insurance products.
Sincere Company Fundamentals Summary
|244 fundamental statistics|
Is 244 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|244 income statement (TTM)|
|Cost of Revenue||HK$91.74m|
Last Reported Earnings
Feb 28, 2021
Next Earnings Date
Oct 22, 2021
|Earnings per share (EPS)||-0.14|
|Net Profit Margin||-81.71%|
How did 244 perform over the long term?See historical performance and comparison
Is Sincere Company undervalued compared to its fair value and its price relative to the market?
In this section, we usually try to help investors determine whether Sincere Company is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Sincere Company has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.
This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.
How is Sincere Company 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 Sincere Company 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 Sincere Company performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 244 is currently unprofitable.
Growing Profit Margin: 244 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 244 is unprofitable, and losses have increased over the past 5 years at a rate of 2.5% per year.
Accelerating Growth: Unable to compare 244's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 244 is unprofitable, making it difficult to compare its past year earnings growth to the Multiline Retail industry (13.7%).
Return on Equity
High ROE: 244 has a negative Return on Equity (-512.93%), as it is currently unprofitable.
How is Sincere Company's financial position?
Financial Position Analysis
Short Term Liabilities: 244's short term assets (HK$274.3M) do not cover its short term liabilities (HK$518.0M).
Long Term Liabilities: 244's short term assets (HK$274.3M) exceed its long term liabilities (HK$25.5M).
Debt to Equity History and Analysis
Debt Level: 244's debt to equity ratio (1112.4%) is considered high.
Reducing Debt: 244's debt to equity ratio has increased from 35.4% to 1112.4% over the past 5 years.
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: 244 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 244 has sufficient cash runway for 2.2 years if free cash flow continues to grow at historical rates of 24.3% each year.
What is Sincere Company current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 244's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 244'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 244's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 244's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 244 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 244'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 management tenure
Jiaohua Su (49 yo)
Madam Jiaohua Su has been the Chief Executive Officer of Realord Group Holdings Limited since July 18, 2014 and as its Executive Director since June 30, 2014. She serves as an Executive Director at The Sin...
Experienced Management: 244's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
Experienced Board: 244's board of directors are not considered experienced ( 0.3 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: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
The Sincere Company, Limited's employee growth, exchange listings and data sources
- Name: The Sincere Company, Limited
- Ticker: 244
- Exchange: SEHK
- Founded: 1900
- Industry: Department Stores
- Sector: Retail
- Market Cap: HK$537.295m
- Shares outstanding: 1.05b
- Website: https://www.sincere.com.hk
Number of Employees
- The Sincere Company, Limited
- Leighton Centre
- 24th Floor
- Causeway 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.