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3389

Hengdeli Holdings SEHK:3389 Stock Report

Last Price

HK$0.26

Market Cap

HK$1.1b

7D

2.0%

1Y

-16.1%

Updated

12 Aug, 2022

Data

Company Financials
3389 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health4/6
Dividends0/6

3389 Stock Overview

Hengdeli Holdings Limited, together with its subsidiaries, retails and trades in watches and jewelry.

Hengdeli Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Hengdeli Holdings
Historical stock prices
Current Share PriceHK$0.26
52 Week HighHK$0.35
52 Week LowHK$0.22
Beta0.17
1 Month Change-5.46%
3 Month Change13.04%
1 Year Change-16.13%
3 Year Change-38.82%
5 Year Change-41.57%
Change since IPO-42.80%

Recent News & Updates

Apr 11
We Think Hengdeli Holdings' (HKG:3389) Healthy Earnings Might Be Conservative

We Think Hengdeli Holdings' (HKG:3389) Healthy Earnings Might Be Conservative

Hengdeli Holdings Limited's ( HKG:3389 ) recent earnings report didn't offer any surprises, with the shares unchanged...

Apr 27
Is Hengdeli Holdings (HKG:3389) Weighed On By Its Debt Load?

Is Hengdeli Holdings (HKG:3389) Weighed On By Its Debt Load?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

3389HK Specialty RetailHK Market
7D2.0%-0.4%-0.05%
1Y-16.1%-33.6%-22.0%

Return vs Industry: 3389 exceeded the Hong Kong Specialty Retail industry which returned -33.6% over the past year.

Return vs Market: 3389 exceeded the Hong Kong Market which returned -22% over the past year.

Price Volatility

Is 3389's price volatile compared to industry and market?
3389 volatility
3389 Average Weekly Movement8.6%
Specialty Retail Industry Average Movement5.7%
Market Average Movement6.5%
10% most volatile stocks in HK Market12.6%
10% least volatile stocks in HK Market3.2%

Stable Share Price: 3389 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 3389's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19571,597Tony Cheunghttps://www.hengdeligroup.com

Hengdeli Holdings Limited, together with its subsidiaries, retails and trades in watches and jewelry. It is also involved in the design, production, and decoration of commercial spaces. In addition, the company engages in the manufacture and sale of watch accessories and packaging products.

Hengdeli Holdings Fundamentals Summary

How do Hengdeli Holdings's earnings and revenue compare to its market cap?
3389 fundamental statistics
Market CapCN¥984.57m
Earnings (TTM)CN¥26.28m
Revenue (TTM)CN¥992.96m

37.5x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
3389 income statement (TTM)
RevenueCN¥992.96m
Cost of RevenueCN¥879.10m
Gross ProfitCN¥113.87m
Other ExpensesCN¥87.59m
EarningsCN¥26.28m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.006
Gross Margin11.47%
Net Profit Margin2.65%
Debt/Equity Ratio2.3%

How did 3389 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 3389 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 3389?

Other financial metrics that can be useful for relative valuation.

3389 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.2x
Enterprise Value/EBITDA-6.9x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 3389's PE Ratio compare to its peers?

3389 PE Ratio vs Peers
The above table shows the PE ratio for 3389 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average16x
1942 MOG Holdings
49.8xn/aHK$890.0m
398 Oriental Watch Holdings
5.9xn/aHK$2.1b
280 King Fook Holdings
5.8xn/aHK$350.7m
104 Asia Commercial Holdings
2.4xn/aHK$201.7m
3389 Hengdeli Holdings
37.5xn/aHK$1.1b

Price-To-Earnings vs Peers: 3389 is expensive based on its Price-To-Earnings Ratio (37.5x) compared to the peer average (16x).


Price to Earnings Ratio vs Industry

How does 3389's PE Ratio compare vs other companies in the HK Specialty Retail Industry?

Price-To-Earnings vs Industry: 3389 is expensive based on its Price-To-Earnings Ratio (37.5x) compared to the Hong Kong Specialty Retail industry average (9.8x)


Price to Earnings Ratio vs Fair Ratio

What is 3389's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

3389 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio37.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 3389's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 3389 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 3389's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 3389's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


19.6%

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 Hengdeli 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.


Discover growth companies

  • Examine Hengdeli Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • Hengdeli Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Hengdeli Holdings performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-16.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 3389 has a large one-off loss of CN¥16.6M impacting its December 31 2021 financial results.

Growing Profit Margin: 3389 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 3389 has become profitable over the past 5 years, growing earnings by -16.6% per year.

Accelerating Growth: 3389 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 3389 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (36.9%).


Return on Equity

High ROE: 3389's Return on Equity (0.6%) is considered low.


Discover strong past performing companies

Financial Health

How is Hengdeli Holdings's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 3389's short term assets (CN¥2.3B) exceed its short term liabilities (CN¥219.4M).

Long Term Liabilities: 3389's short term assets (CN¥2.3B) exceed its long term liabilities (CN¥39.5M).


Debt to Equity History and Analysis

Debt Level: 3389 has more cash than its total debt.

Reducing Debt: 3389's debt to equity ratio has reduced from 68.4% to 2.3% over the past 5 years.

Debt Coverage: 3389's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 3389's interest payments on its debt are well covered by EBIT.


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3389's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3389'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 3389's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3389's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 3389 is not paying a notable dividend for the Hong Kong market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 3389 has not reported any payouts.


Discover strong dividend paying companies

Management

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

18.6yrs

Average management tenure


CEO

Tony Cheung (33 yo)

1.33yrs

Tenure

Mr. Wing Lun Cheung also known as Tony, serves as the Chief Executive Officer at Hengdeli Holdings Limited since April 21, 2021. He is the president of the industrial group of the Group. He joined the Grou...


Leadership Team

Experienced Management: 3389's management team is seasoned and experienced (18.6 years average tenure).


Board Members

Experienced Board: 3389's board of directors are seasoned and experienced ( 15.2 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

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


Key Information

  • Name: Hengdeli Holdings Limited
  • Ticker: 3389
  • Exchange: SEHK
  • Founded: 1957
  • Industry: Specialty Stores
  • Sector: Retail
  • Implied Market Cap: HK$1.145b
  • Shares outstanding: 4.40b
  • Website: https://www.hengdeligroup.com

Number of Employees


Location

  • Hengdeli Holdings Limited
  • Lippo Sun Plaza
  • 3rd Floor
  • Tsim Sha Tsui
  • 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 Analysis2022/08/12 00:00
End of Day Share Price2022/08/12 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.