Executive Summary
Golden Eagle Retail Group Limited, an investment holding company, develops and operates lifestyle center and stylish department store chain in the People’s Republic of China. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 8.1% per year for the next 3 years
Snowflake Analysis
Solid track record established dividend payer.
Share Price & News
How has Golden Eagle Retail Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3308 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: 3308's weekly volatility (2%) has been stable over the past year.
Market Performance
7 Day Return
-0.1%
3308
-0.7%
HK Multiline Retail
-1.2%
HK Market
1 Year Return
-8.7%
3308
-12.7%
HK Multiline Retail
22.4%
HK Market
Return vs Industry: 3308 exceeded the Hong Kong Multiline Retail industry which returned -12.2% over the past year.
Return vs Market: 3308 underperformed the Hong Kong Market which returned 23.8% over the past year.
Shareholder returns
| 3308 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.1% | -0.7% | -1.2% |
| 30 Day | -1.7% | -0.3% | 0.09% |
| 90 Day | -2.3% | -2.0% | -3.5% |
| 1 Year | -1.0%-8.7% | -9.7%-12.7% | 27.1%22.4% |
| 3 Year | -15.6%-28.6% | -43.2%-48.7% | 8.8%-2.7% |
| 5 Year | 4.1%-19.3% | -20.6%-35.0% | 55.1%28.7% |
Long-Term Price Volatility Vs. Market
How volatile is Golden Eagle Retail Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Trade Alert: The Executive Chairman Of Golden Eagle Retail Group Limited (HKG:3308), Hung Wang, Has Just Spent CN¥83m Buying 1.1% More Shares3 weeks ago | Simply Wall St
Be Sure To Check Out Golden Eagle Retail Group Limited (HKG:3308) Before It Goes Ex-Dividend3 weeks ago | Simply Wall St
A Look At Golden Eagle Retail Group's (HKG:3308) Share Price ReturnsValuation
Is Golden Eagle Retail Group 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: 3308 (HK$6.85) is trading below our estimate of fair value (HK$26.68)
Significantly Below Fair Value: 3308 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3308 is good value based on its PE Ratio (6x) compared to the Asian Multiline Retail industry average (20.1x).
PE vs Market: 3308 is good value based on its PE Ratio (6x) compared to the Hong Kong market (11.4x).
Price to Earnings Growth Ratio
PEG Ratio: 3308's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 3308 is overvalued based on its PB Ratio (1.2x) compared to the HK Multiline Retail industry average (0.5x).
Future Growth
How is Golden Eagle Retail Group forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
-8.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3308's earnings are forecast to decline over the next 3 years (-8.1% per year).
Earnings vs Market: 3308's earnings are forecast to decline over the next 3 years (-8.1% per year).
High Growth Earnings: 3308's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 3308's revenue (5.4% per year) is forecast to grow slower than the Hong Kong market (12.7% per year).
High Growth Revenue: 3308's revenue (5.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3308's Return on Equity is forecast to be low in 3 years time (15.8%).
Past Performance
How has Golden Eagle Retail Group performed over the past 5 years?
14.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3308 has high quality earnings.
Growing Profit Margin: 3308's current net profit margins (25.2%) are higher than last year (17.7%).
Past Earnings Growth Analysis
Earnings Trend: 3308's earnings have grown by 14.4% per year over the past 5 years.
Accelerating Growth: 3308's earnings growth over the past year (32%) exceeds its 5-year average (14.4% per year).
Earnings vs Industry: 3308 earnings growth over the past year (32%) exceeded the Multiline Retail industry 15.5%.
Return on Equity
High ROE: 3308's Return on Equity (19.9%) is considered low.
Financial Health
How is Golden Eagle Retail Group's financial position?
Financial Position Analysis
Short Term Liabilities: 3308's short term assets (CN¥10.1B) do not cover its short term liabilities (CN¥12.3B).
Long Term Liabilities: 3308's short term assets (CN¥10.1B) exceed its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: 3308's debt to equity ratio (80.2%) is considered high.
Reducing Debt: 3308's debt to equity ratio has reduced from 162.8% to 80.2% over the past 5 years.
Debt Coverage: 3308's debt is well covered by operating cash flow (37.3%).
Interest Coverage: 3308's interest payments on its debt are well covered by EBIT (13x coverage).
Balance Sheet
Dividend
What is Golden Eagle Retail Group current dividend yield, its reliability and sustainability?
8.29%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3308's dividend (8.28%) is higher than the bottom 25% of dividend payers in the Hong Kong market (1.88%).
High Dividend: 3308's dividend (8.28%) is in the top 25% of dividend payers in the Hong Kong market (5.95%)
Stability and Growth of Payments
Stable Dividend: 3308's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3308's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (49.9%), 3308's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3308's dividends in 3 years are forecast to be well covered by earnings (46.9% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
0.8yrs
Average management tenure
CEO
Yihang Chen (39 yo)
0.83
Tenure
CN¥629,000
Compensation
Mr. Yihang Chen serves as Chief Executive Officer at Golden Eagle Retail Group Limited since August 26, 2020. Mr. Chen has long been engaged in commercial operation and management. He has of experience in ...
CEO Compensation Analysis
Compensation vs Market: Insufficient data to establish whether Yihang's total compensation is reasonable compared to companies of similar size in the Hong Kong market.
Compensation vs Earnings: Insufficient data to compare Yihang's compensation with company performance.
Leadership Team
Experienced Management: 3308's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.
Board Members
Experienced Board: 3308's board of directors are considered experienced (6.1 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 3308 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Golden Eagle Retail Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Golden Eagle Retail Group Limited
- Ticker: 3308
- Exchange: SEHK
- Founded: 1995
- Industry: Department Stores
- Sector: Retail
- Market Cap: HK$11.372b
- Shares outstanding: 1.66b
- Website: https://www.geretail.com
Number of Employees
Location
- Golden Eagle Retail Group Limited
- Block A
- 17th Floor
- Nanjing
- Jiangsu Province
- China
Listings
Biography
Golden Eagle Retail Group Limited, an investment holding company, develops and operates lifestyle center and stylish department store chain in the People’s Republic of China. The company operates through R...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/06/17 16:43 |
| End of Day Share Price | 2021/06/17 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.