SEHK:8026

Stock Analysis Report

China Brilliant Global

Executive Summary

China Brilliant Global Limited, an investment holding company, engages in researching, designing, developing, wholesaling, and retailing jewelry in the Peoples’ Republic of China.


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has China Brilliant Global's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8026 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.3%

8026

-0.9%

HK Retail Distributors

-3.2%

HK Market


1 Year Return

222.4%

8026

-9.1%

HK Retail Distributors

-10.2%

HK Market

Return vs Industry: 8026 exceeded the Hong Kong Retail Distributors industry which returned -7.7% over the past year.

Return vs Market: 8026 exceeded the Hong Kong Market which returned -7.6% over the past year.


Shareholder returns

8026IndustryMarket
7 Day-1.3%-0.9%-3.2%
30 Day-1.3%-1.3%-3.3%
90 Day12.9%1.0%0.2%
1 Year222.4%222.4%-6.1%-9.1%-6.9%-10.2%
3 Year218.5%218.5%-25.9%-31.1%11.7%0.4%
5 Year218.5%218.5%-21.4%-30.5%11.1%-7.3%

Price Volatility Vs. Market

How volatile is China Brilliant Global's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Brilliant Global undervalued compared to its fair value and its price relative to the market?

9.95x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8026's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8026's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8026 is unprofitable, so we can't compare its PE Ratio to the Retail Distributors industry average.

PE vs Market: 8026 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8026's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8026 is overvalued based on its PB Ratio (10.5x) compared to the HK Retail Distributors industry average (0.7x).


Next Steps

Future Growth

How is China Brilliant Global forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

8.8%

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 China Brilliant Global 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.


Next Steps

Past Performance

How has China Brilliant Global performed over the past 5 years?

-11.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8026 is currently unprofitable.

Growing Profit Margin: 8026 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8026 is unprofitable, and losses have increased over the past 5 years at a rate of -11.3% per year.

Accelerating Growth: Unable to compare 8026's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8026 is unprofitable, making it difficult to compare its past year earnings growth to the Retail Distributors industry (-13.3%).


Return on Equity

High ROE: 8026 has a negative Return on Equity (-44.38%), as it is currently unprofitable.


Next Steps

Financial Health

How is China Brilliant Global's financial position?


Financial Position Analysis

Short Term Liabilities: 8026's short term assets (HK$120.8M) exceed its short term liabilities (HK$23.1M).

Long Term Liabilities: 8026's short term assets (HK$120.8M) exceed its long term liabilities (HK$700.0K).


Debt to Equity History and Analysis

Debt Level: 8026's debt to equity ratio (2%) is considered satisfactory.

Reducing Debt: 8026 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

Inventory Level: 8026 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 8026's debt is covered by short term assets (assets are 51.7x debt).


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: 8026 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 8026 has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 11.3% each year.


Next Steps

Dividend

What is China Brilliant Global's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8026's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 8026's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 8026's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8026's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8026'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?

2.0yrs

Average board tenure


CEO

Elizabeth Chung (48yo)

1.8yrs

Tenure

HK$6,109,000

Compensation

Ms. Ching Yee Chung, also known as Elizabeth, has been an Executive Director and Chief Executive Officer at China Brilliant Global Limited since May 18, 2018. Ms. Chung is the Chief Executive Officer and E ...


CEO Compensation Analysis

Compensation vs Market: Elizabeth's total compensation ($USD784.44K) is above average for companies of similar size in the Hong Kong market ($USD290.18K).

Compensation vs Earnings: Insufficient data to compare Elizabeth's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Chunhua Zhang
Executive Chairman2yrsHK$5.29m0.12% HK$1.5m
Ching Yee Chung
CEO & Executive Director1.8yrsHK$6.11m0.19% HK$2.3m
Chunping Zhang
Executive Director2yrsHK$5.29mno data
Kwun Ling Lee
Independent Non-Executive Director2yrsHK$332.00kno data
Mei Yan Chan
Independent Non-Executive Director2yrsHK$332.00kno data

2.0yrs

Average Tenure

48yo

Average Age

Experienced Board: 8026's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.8%.


Top Shareholders

Company Information

China Brilliant Global Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Brilliant Global Limited
  • Ticker: 8026
  • Exchange: SEHK
  • Founded: 1989
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: HK$1.204b
  • Shares outstanding: 1.45b
  • Website: https://www.cbg.com.hk

Number of Employees


Location

  • China Brilliant Global Limited
  • Flat B
  • 9th Floor
  • Hong Kong
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8026SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMar 2000

Biography

China Brilliant Global Limited, an investment holding company, engages in researching, designing, developing, wholesaling, and retailing jewelry in the Peoples’ Republic of China. The company operates in three segments: Trading and Retailing of Jewelry, Lending Business, and Pharmaceutical and Healthcare Products. It is also involved in the distribution and retail of Chinese herbal medicines and drugs; Internet artificial Intelligence research, management, and consultancy activities; and network and data and money lending businesses. In addition, the company manufactures, distributes, and trades in medical, pharmaceutical, and healthcare food products. The company was formerly known as Prosten Health Holdings Limited and changed its name to China Brilliant Global Limited in May 2018. China Brilliant Global Limited was incorporated in 1989 and is headquartered in Hong Kong, Hong Kong. China Brilliant Global Limited is a subsidiary of Brilliant Chapter Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 12:37
End of Day Share Price2020/02/25 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


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.