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NNK Group

SEHK:3773
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
3773
SEHK
HK$237M
Market Cap
  1. Home
  2. HK
  3. Retail
Company description

NNK Group Limited provides mobile top-up services to mobile subscribers in the People’s Republic of China. The last earnings update was 181 days ago. More info.


Add to Portfolio Compare Print
  • NNK Group has significant price volatility in the past 3 months.
3773 Share Price and Events
7 Day Returns
-11.5%
SEHK:3773
-0.9%
HK Online Retail
1.7%
HK Market
1 Year Returns
-64.7%
SEHK:3773
-41.5%
HK Online Retail
-9.4%
HK Market
3773 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
NNK Group (3773) -11.5% 25.6% 25.6% -64.7% -44.3% -
HK Online Retail -0.9% -7.2% 17.3% -41.5% -66.3% -73.8%
HK Market 1.7% 5.9% 13.7% -9.4% 29.8% 22.4%
1 Year Return vs Industry and Market
  • 3773 underperformed the Online Retail industry which returned -41.5% over the past year.
  • 3773 underperformed the Market in Hong Kong which returned -9.4% over the past year.
Price Volatility
3773
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for NNK Group's competitors could be found in our database.

3773 Value

 Is NNK Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of NNK Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for NNK Group.

SEHK:3773 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 12.8%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:3773
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6%
Online Retail Unlevered Beta Simply Wall St/ S&P Global 1.7
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.698 (1 + (1- 25%) (39.55%))
1.805
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.81
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (1.805 * 5.96%)
12.76%

Discounted Cash Flow Calculation for SEHK:3773 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for NNK Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:3773 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 12.76%)
2019 21.43 Est @ -39.73% 19.01
2020 15.60 Est @ -27.21% 12.27
2021 12.72 Est @ -18.45% 8.87
2022 11.16 Est @ -12.31% 6.90
2023 10.26 Est @ -8.02% 5.63
2024 9.75 Est @ -5.01% 4.74
2025 9.46 Est @ -2.91% 4.08
2026 9.33 Est @ -1.43% 3.57
2027 9.29 Est @ -0.4% 3.15
2028 9.32 Est @ 0.32% 2.80
Present value of next 10 years cash flows CN¥71.02
SEHK:3773 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CN¥9.32 × (1 + 2%) ÷ (12.76% – 2%)
CN¥88.36
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥88.36 ÷ (1 + 12.76%)10
CN¥26.58
SEHK:3773 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥71.02 + CN¥26.58
CN¥97.61
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥97.61 / 415.00
CN¥0.24
SEHK:3773 Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:3773)
1.17
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥0.24 x 1.17
HK$0.28
Value per share (HKD) From above. HK$0.28
Current discount Discount to share price of HK$0.54
= -1 x (HK$0.54 - HK$0.28) / HK$0.28
-96.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of NNK Group is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for NNK Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are NNK Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:3773 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in CNY CN¥-0.08
SEHK:3773 Share Price ** SEHK (2019-03-20) in HKD HK$0.54
SEHK:3773 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.855 CN¥0.46
Asia Online Retail Industry PE Ratio Median Figure of 8 Publicly-Listed Online Retail Companies 23.99x
Hong Kong Market PE Ratio Median Figure of 1,496 Publicly-Listed Companies 11.02x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of NNK Group.

SEHK:3773 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:3773 Share Price ÷ EPS (both in CNY)

= 0.46 ÷ -0.08

-5.49x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NNK Group is loss making, we can't compare its value to the Asia Online Retail industry average.
  • NNK Group is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does NNK Group's expected growth come at a high price?
Raw Data
SEHK:3773 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.49x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
33.6%per year
Global Online Retail Industry PEG Ratio Median Figure of 49 Publicly-Listed Online Retail Companies 1.62x
Hong Kong Market PEG Ratio Median Figure of 467 Publicly-Listed Companies 0.81x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for NNK Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on NNK Group's assets?
Raw Data
SEHK:3773 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in CNY CN¥0.46
SEHK:3773 Share Price * SEHK (2019-03-20) in HKD HK$0.54
SEHK:3773 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.855 CN¥0.46
Hong Kong Online Retail Industry PB Ratio Median Figure of 8 Publicly-Listed Online Retail Companies 1.55x
Hong Kong Market PB Ratio Median Figure of 2,138 Publicly-Listed Companies 0.99x
SEHK:3773 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:3773 Share Price ÷ Book Value per Share (both in CNY)

= 0.46 ÷ 0.46

1x

* Primary Listing of NNK Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • NNK Group is good value based on assets compared to the HK Online Retail industry average.
X
Value checks
We assess NNK Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Online Retail industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Online Retail industry average (and greater than 0)? (1 check)
  5. NNK Group has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

3773 Future Performance

 How is NNK Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover NNK Group, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
33.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is NNK Group expected to grow at an attractive rate?
  • NNK Group's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • NNK Group's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare NNK Group's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:3773 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:3773 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 33.6%
Hong Kong Online Retail Industry Earnings Growth Rate Market Cap Weighted Average 96.6%
Global Online Retail Industry Revenue Growth Rate Market Cap Weighted Average 16.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:3773 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:3773 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-06-30 58 37 -35
2018-03-31 70 14 -27
2017-12-31 82 -8 -19
2017-09-30 103 8 -1
2017-06-30 125 25 17
2017-03-31 142 90 25
2016-12-31 160 156 34
2016-09-30 170 140 17
2016-06-30 194 97 28
2016-03-31 210 -4 27
2015-12-31 227 -106 27
2015-09-30 240 -6 57

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • NNK Group's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if NNK Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:3773 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (8 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from NNK Group Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:3773 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-06-30 -0.08
2018-03-31 -0.07
2017-12-31 -0.05
2017-09-30 0.00
2017-06-30 0.04
2017-03-31 0.06
2016-12-31 0.08
2016-09-30 0.04
2016-06-30 0.08
2016-03-31 0.08
2015-12-31 0.09
2015-09-30 0.19

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if NNK Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess NNK Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
NNK Group has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

3773 Past Performance

  How has NNK Group performed over the past 5 years?

  • NNK Group's last earnings update was 181 days ago.
The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare NNK Group's growth in the last year to its industry (Online Retail).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • NNK Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare NNK Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare NNK Group's 1-year growth to the Asia Online Retail industry average as it is not currently profitable.
Earnings and Revenue History
NNK Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from NNK Group Company Filings, last reported 8 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:3773 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 58.50 -34.92 48.40 11.88
2018-03-31 70.19 -26.98 45.69 12.45
2017-12-31 81.88 -19.04 42.97 13.02
2017-09-30 103.45 -0.91 38.54 13.36
2017-06-30 125.01 17.22 34.11 13.70
2017-03-31 142.50 25.38 35.22 14.13
2016-12-31 159.99 33.55 36.33 14.57
2016-09-30 169.97 16.75 35.55 15.76
2016-06-30 193.99 27.98 33.70 15.09
2016-03-31 210.30 27.39 32.94 15.25
2015-12-31 226.60 26.80 32.17 15.42
2015-09-30 239.57 56.80 28.93 13.00
2014-12-31 218.41 54.52 27.50 8.74
2013-12-31 134.11 30.26 23.85 5.69
2012-12-31 85.65 24.57 14.58 4.24

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if NNK Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if NNK Group has efficiently used its assets last year compared to the Asia Online Retail industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if NNK Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess NNK Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Online Retail industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
NNK Group has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

3773 Health

 How is NNK Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up NNK Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • NNK Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • NNK Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of NNK Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from NNK Group Company Filings, last reported 8 months ago.

SEHK:3773 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 191.27 80.00 155.23
2018-03-31 191.27 80.00 155.23
2017-12-31 204.25 124.00 144.82
2017-09-30 204.25 124.00 144.82
2017-06-30 226.27 124.00 175.02
2017-03-31 226.27 124.00 175.02
2016-12-31 233.25 80.00 124.72
2016-09-30 233.25 80.00 124.72
2016-06-30 219.01 148.75 125.28
2016-03-31 219.01 148.75 125.28
2015-12-31 124.79 344.82 49.97
2015-09-30 134.47 352.47 31.69
2014-12-31 97.99 202.45 21.27
2013-12-31 74.10 240.23 50.29
2012-12-31 54.14 130.94 28.54
  • NNK Group's level of debt (41.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (289.3% vs 41.8% today).
  • Debt is well covered by operating cash flow (45.6%, greater than 20% of total debt).
  • NNK Group is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess NNK Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. NNK Group has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

3773 Dividends

 What is NNK Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from NNK Group dividends.
If you bought HK$2,000 of NNK Group shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate NNK Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate NNK Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:3773 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Global Online Retail Industry Average Dividend Yield Market Cap Weighted Average of 20 Stocks 1.7%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 922 Stocks 3.4%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.1%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:3773 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2018-09-20 0.000 0.000
2018-08-24 0.000 0.000
2018-04-26 0.000 0.000
2018-03-23 0.000 0.000
2017-04-27 0.024 3.348
2017-03-22 0.024 2.955

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as NNK Group has not reported any payouts.
  • Unable to verify if NNK Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of NNK Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as NNK Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess NNK Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can NNK Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. NNK Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

3773 Management

 What is the CEO of NNK Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Hua Yang
COMPENSATION CN¥1,202,000
AGE 46
TENURE AS CEO 4.8 years
CEO Bio

Mr. Hua Yang is founder of NNK Group Limited and serves its Chief Executive Officer and president. Mr. Yang has been Executive Director at NNK Group Limited since June 18, 2014. He is responsible for NNK Group's overall management, operations and business development. He has been General Manager of Shenzhen Niannianka Network Technology Co., Ltd. since December 2010. Prior to joining NNK Group, Mr. Yang served as the General Manager of Shenzhen Long Feng Hua Industrial Co., Ltd., a company engaged in the provision of software engineering services from June 2000 to May 2006. He served as the Deputy General Manager of Shenzhen Shuaihua Electronics Co., Ltd., a company engaged in the provision of software engineering and information technology services, where he was responsible for business development and research and development from August 1998 to May 2000. He has been a Director of Shenzhen Niannianka Network Technology Co., Ltd. since December 2010. Mr. Yang received a bachelor's degree in semiconductor devices and physics from Xi'an Jiaotong University in July 1994.

CEO Compensation
  • Hua's compensation has increased whilst company is loss making.
  • Hua's remuneration is about average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the NNK Group management team in years:

3.2
Average Tenure
46
Average Age
  • The tenure for the NNK Group management team is about average.
Management Team

Junmou Huang

TITLE
Founder & Chairman
COMPENSATION
CN¥1M
AGE
51

Hua Yang

TITLE
Founder
COMPENSATION
CN¥1M
AGE
46
TENURE
4.8 yrs

Wai Tung Wong

TITLE
CFO & Joint Company Secretary
AGE
37
TENURE
1.5 yrs

Ming Xing Luo

TITLE
Chief Investment Officer and Senior Vice President
COMPENSATION
CN¥56K
AGE
48
TENURE
3.1 yrs

Wai Ling Wong

TITLE
Joint Company Secretary
AGE
38
TENURE
3.3 yrs
Board of Directors Tenure

Average tenure and age of the NNK Group board of directors in years:

4.8
Average Tenure
50
Average Age
  • The tenure for the NNK Group board of directors is about average.
Board of Directors

Hua Yang

TITLE
Founder
COMPENSATION
CN¥1M
AGE
46
TENURE
4.8 yrs

Zhangxi Lin

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥130K
AGE
66
TENURE
4.3 yrs

Junmou Huang

TITLE
Founder & Chairman
COMPENSATION
CN¥1M
AGE
51

Jinlin Zhao

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥130K
AGE
49
TENURE
4.3 yrs

Xiangcheng Li

TITLE
Non-Executive Director
COMPENSATION
CN¥130K
AGE
49
TENURE
4.8 yrs

Xinhua Xu

TITLE
Non-Executive Director
COMPENSATION
CN¥130K
AGE
70
TENURE
4.8 yrs

Zida Yu

TITLE
Non-Executive Director
COMPENSATION
CN¥130K
AGE
54
TENURE
4.8 yrs

Haomin Qian

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥130K
AGE
42
TENURE
4.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess NNK Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. NNK Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

3773 News

Simply Wall St News

Do Institutions Own NNK Group Limited (HKG:3773) Shares?

Generally speaking, as a company grows, institutions will increase their ownership. … NNK Group is not a large company by global standards. … institutions don't own shares in the company

Simply Wall St -

Does NNK Group Limited's (HKG:3773) CEO Pay Compare Well With Peers?

First, this article will compare CEO compensation with compensation at similar sized companies. … And finally - as a second measure of performance - we will look at the returns shareholders have received over the last few years. … How Does Hua Yang's Compensation Compare With Similar Sized Companies?

Simply Wall St -

NNK Group Limited (HKG:3773): Time For A Financial Health Check

While small-cap stocks, such as NNK Group Limited (HKG:3773) with its market cap of HK$178m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Online Retail businesses operating in the environment facing headwinds from current disruption,.

Simply Wall St -

What Kind Of Shareholders Own NNK Group Limited (HKG:3773)?

Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … NNK Group is a smaller company with a market capitalization of HK$216m, so it may still be flying under the radar of many institutional investors. … institutional investors have not yet purchased shares

Simply Wall St -

Should You Be Concerned About NNK Group Limited's (HKG:3773) Shareholders?

In this article, I will take a quick look at NNK Group Limited’s (HKG:3773) recent ownership structure – an unconventional investing subject, but an important one. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Therefore, it is beneficial for us to examine 3773's ownership structure in more detail.

Simply Wall St -

Cheap SEHK Stocks For The Day

3773 is also a financially robust company, as short-term assets amply cover upcoming and long-term liabilities. … SEHK:3773 PE PEG Gauge Jan 17th 18 China Shenghai Food Holdings Company Limited (SEHK:1676) China Shenghai Food Holdings Company Limited, an investment holding company, engages in the packaging and sale of seafood products in the Peoples’ Republic of China. … In addition to this, 995’s PE ratio is around 8.2x compared to its infrastructure peer level of 20.9x, indicating that relative to its comparable company group, we can invest in 995 at a lower price.

Simply Wall St -

3773 Company Info

Description

NNK Group Limited provides mobile top-up services to mobile subscribers in the People’s Republic of China. The company operates 007ka Top-up Platform for mobile top-up through electronic banking systems. It also provides mobile top-up services through offline channels, including convenience stores; and mobile phone stores and other third party retailer chains, as well as through third-party online platforms, the company’s Websites, and Wechat public account. The company was founded in 2006 and is headquartered in Shenzhen, China.

Details
Name: NNK Group Limited
3773
Exchange: SEHK
Founded: 2006
HK$236,550,000
415,000,000
Website: http://www.nnk.com.hk
Address: NNK Group Limited
Building F5,
5th Floor, TCL International E City,
Shenzhen,
Guangdong Province, China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 3773 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 07. Jan 2016
Number of employees
Current staff
Staff numbers
101
NNK Group employees.
Industry
Internet and Direct Marketing Retail
Retail
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/20 13:01
End of day share price update: 2019/03/20 00:00
Last earnings filing: 2018/09/20
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.