SEHK:8222

Stock Analysis Report

E Lighting Group Holdings

Executive Summary

E Lighting Group Holdings Limited, an investment holding company, engages in the retail sale of lighting, designer label furniture, and household products in the People’s Republic of China, North America, Vietnam, and internationally.

Snowflake

Fundamentals

Flawless balance sheet and slightly overvalued.

Risks

  • E Lighting Group Holdings has significant price volatility in the past 3 months.
  • E Lighting Group Holdings is not covered by any analysts.

Share Price & News

How has E Lighting Group Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

-2.0%

8222

-1.6%

HK Specialty Retail

-1.5%

HK Market


1 Year Return

-66.4%

8222

-7.8%

HK Specialty Retail

-7.5%

HK Market

8222 underperformed the Specialty Retail industry which returned -7.8% over the past year.

8222 underperformed the Market in Hong Kong which returned -7.5% over the past year.


Share holder returns

8222IndustryMarket
7 Day-2.0%-1.6%-1.5%
30 Day-7.7%0.1%2.1%
90 Day-46.7%-5.3%-5.5%
1 Year-66.4%-66.4%-3.0%-7.8%-4.1%-7.5%
3 Year-86.1%-86.1%20.7%7.1%14.2%2.6%
5 Yearn/a-8.1%-25.4%16.5%-2.9%

Price Volatility Vs. Market

How volatile is E Lighting Group Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

44%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

E Lighting Group Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).

E Lighting Group Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).


Price Based on Earnings

E Lighting Group Holdings is loss making, we can't compare its value to the HK Specialty Retail industry average.

E Lighting Group Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for E Lighting Group Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

E Lighting Group Holdings is overvalued based on assets compared to the HK Specialty Retail industry average.


Next Steps

Future Growth

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

16.4%

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 E Lighting Group 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.


Next Steps

Past Performance

How has E Lighting Group Holdings performed over the past 5 years?

-47.6%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

E Lighting Group Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.

Unable to compare E Lighting Group Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare E Lighting Group Holdings's 1-year growth to the HK Specialty Retail industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if E Lighting Group Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if E Lighting Group Holdings has efficiently used its assets last year compared to the HK Specialty Retail industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if E Lighting Group Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is E Lighting Group Holdings's financial position?


Financial Position Analysis

E Lighting Group Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

E Lighting Group Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

E Lighting Group Holdings has no debt.

E Lighting Group Holdings has no debt compared to 5 years ago when it was 14.4%.


Balance Sheet

High level of physical assets or inventory.

E Lighting Group Holdings has no debt, it does not need to be covered by short term assets.


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.

Whilst loss making E Lighting Group Holdings has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.

Whilst loss making E Lighting Group Holdings has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by -59.1% per year.


Next Steps

Dividend

What is E Lighting Group Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate E Lighting Group Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate E Lighting Group Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as E Lighting Group Holdings has not reported any payouts.

Unable to verify if E Lighting Group Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as E Lighting Group Holdings 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.


Next Steps

Management

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

5.0yrs

Average board tenure


CEO

Raymond Hui (56yo)

0yrs

Tenure

HK$2,283,000

Compensation

Mr. Kwok Keung Hui, also known as Raymond, is Founder of E Lighting Group Holdings Limited. Mr. Hui serves as Chief Executive Officer of E Lighting Group Holdings Limited and has been its Executive Directo ...


CEO Compensation Analysis

Raymond's remuneration is about average for companies of similar size in Hong Kong.

Raymond's compensation has increased whilst company is loss making.


Board Age and Tenure

5.0yrs

Average Tenure

54.5yo

Average Age

The tenure for the E Lighting Group Holdings board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Boris Hue (53yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: HK$672.00k
  • Raymond Hui (56yo)

    Founder

    • Tenure: 0yrs
    • Compensation: HK$2.28m
  • Stephen Chou (56yo)

    Senior Business Manager

    • Tenure: 0yrs
    • Compensation: HK$461.00k
  • Peng Lin Wong (46yo)

    Operation Manager

    • Tenure: 0yrs
  • Chi Yan Lam (36yo)

    Deputy Financial Controller & Company Secretary

    • Tenure: 0yrs
  • Kwok Wing Hui (57yo)

    Chief Creative Officer & Executive Director

    • Tenure: 4.3yrs
    • Compensation: HK$522.00k

Board Members

  • Matthew Leung (53yo)

    Independent Non-Executive Director

    • Tenure: 5yrs
    • Compensation: HK$180.00k
  • Edwin Chung (55yo)

    Independent Non-Executive Director

    • Tenure: 5yrs
    • Compensation: HK$180.00k
  • Ann Yeung (54yo)

    Independent Non-Executive Director

    • Tenure: 5yrs
    • Compensation: HK$180.00k
  • Boris Hue (53yo)

    Chairman

    • Tenure: 0yrs
    • Compensation: HK$672.00k
  • Raymond Hui (56yo)

    Founder

    • Tenure: 0yrs
    • Compensation: HK$2.28m
  • Kwok Wing Hui (57yo)

    Chief Creative Officer & Executive Director

    • Tenure: 4.3yrs
    • Compensation: HK$522.00k

Company Information

E Lighting Group Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: E Lighting Group Holdings Limited
  • Ticker: 8222
  • Exchange: SEHK
  • Founded: 2003
  • Industry: Home Improvement Retail
  • Sector: Retail
  • Market Cap: HK$21.650m
  • Shares outstanding: 451.04m
  • Website: https://www.elighting.asia

Number of Employees


Location

  • E Lighting Group Holdings Limited
  • Tiffan Tower
  • 10th Floor
  • Wanchai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8222SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDSep 2014

Biography

E Lighting Group Holdings Limited, an investment holding company, engages in the retail sale of lighting, designer label furniture, and household products in the People’s Republic of China, North America,  ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/20 12:57
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
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.