SEHK:8509

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Wine's Link International Holdings

Executive Summary

Wine's Link International Holdings Limited, an investment holding company, engages in the wholesale and retail of a range of wine products and other alcoholic beverages in Hong Kong.


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

How has Wine's Link International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8509's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.5%

8509

-2.9%

HK Retail Distributors

-3.7%

HK Market


1 Year Return

-48.4%

8509

-23.6%

HK Retail Distributors

-10.4%

HK Market

Return vs Industry: 8509 underperformed the Hong Kong Retail Distributors industry which returned -23.1% over the past year.

Return vs Market: 8509 underperformed the Hong Kong Market which returned -10% over the past year.


Shareholder returns

8509IndustryMarket
7 Day-4.5%-2.9%-3.7%
30 Day-20.0%-4.6%-3.0%
90 Day-19.0%-12.2%-7.6%
1 Year-48.4%-48.4%-21.4%-23.6%-7.4%-10.4%
3 Yearn/a-37.7%-41.8%-4.5%-14.2%
5 Yearn/a-64.5%-67.6%-16.2%-29.1%

Price Volatility Vs. Market

How volatile is Wine's Link International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Wine's Link International Holdings undervalued compared to its fair value and its price relative to the market?

4.9x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8509's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8509's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8509 is good value based on its PE Ratio (4.9x) compared to the Retail Distributors industry average (8.3x).

PE vs Market: 8509 is good value based on its PE Ratio (4.9x) compared to the Hong Kong market (9.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8509's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8509 is overvalued based on its PB Ratio (0.7x) compared to the HK Retail Distributors industry average (0.6x).


Next Steps

Future Growth

How is Wine's Link International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

2.3%

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 Wine's Link International 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 Wine's Link International Holdings performed over the past 5 years?

37.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8509 has high quality earnings.

Growing Profit Margin: 8509's current net profit margins (7.8%) are lower than last year (9.8%).


Past Earnings Growth Analysis

Earnings Trend: 8509's earnings have grown significantly by 37.7% per year over the past 5 years.

Accelerating Growth: 8509's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8509 had negative earnings growth (-15.8%) over the past year, making it difficult to compare to the Retail Distributors industry average (0.6%).


Return on Equity

High ROE: 8509's Return on Equity (13.5%) is considered low.


Next Steps

Financial Health

How is Wine's Link International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8509's short term assets (HK$415.9M) exceed its short term liabilities (HK$236.5M).

Long Term Liabilities: 8509's short term assets (HK$415.9M) exceed its long term liabilities (HK$9.4M).


Debt to Equity History and Analysis

Debt Level: 8509's debt to equity ratio (110.9%) is considered high.

Reducing Debt: Insufficient data to determine if 8509's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 8509's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 8509's interest payments on its debt are well covered by EBIT (4.8x coverage).


Balance Sheet


Next Steps

Dividend

What is Wine's Link International Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8509's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8509'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 8509's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8509'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 8509'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?

3.5yrs

Average management tenure


CEO

Shirley Wong (37yo)

3.67yrs

Tenure

HK$498,000

Compensation

Ms. Wong Chi Lou, also known as Shirley, has been Executive Director and Chief Executive Officer of Wine's Link International Holdings Ltd., since September 22, 2016. Ms. Wong is one of the founding member ...


CEO Compensation Analysis

Compensation vs Market: Shirley's total compensation ($USD64.24K) is below average for companies of similar size in the Hong Kong market ($USD225.40K).

Compensation vs Earnings: Shirley's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Chi Lou Wong
CEO & Executive Director3.67yrsHK$498.00k42% HK$52.1m
Sze Tung Chan
VP of Operation3.33yrsHK$378.00kno data
Chi Wai Ting
Senior Vice President of Public Relations3.33yrsno data28% HK$34.7m
Sze Man Pang
VP of Finance & Administration and Company Secretary3.33yrsno datano data

3.5yrs

Average Tenure

35.5yo

Average Age

Experienced Management: 8509's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Chi Lou Wong
CEO & Executive Director3.67yrsHK$498.00k42% HK$52.1m
Sze Tung Chan
VP of Operation3.33yrsHK$378.00kno data
Hin Wing Wong
Independent Non-Executive Director2.42yrsHK$120.00kno data
Chi Hung Yeung
Non-Executive Chairmanno datano datano data
Tsz Wan Ho
Non-Executive Director3.33yrsno datano data
Wai Yan Chan
Independent Non-Executive Director2.42yrsHK$120.00kno data
Man Ki Chan
Independent Non-Executive Director0.92yrno datano data

2.9yrs

Average Tenure

39yo

Average Age

Experienced Board: 8509's board of directors are not considered experienced ( 2.9 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Wine's Link International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wine's Link International Holdings Limited
  • Ticker: 8509
  • Exchange: SEHK
  • Founded: 2008
  • Industry: Distributors
  • Sector: Retail
  • Market Cap: HK$124.000m
  • Shares outstanding: 400.00m
  • Website: https://www.wines-link.com

Number of Employees


Location

  • Wine's Link International Holdings Limited
  • AIA Financial Centre
  • 26th Floor
  • San Po Kong
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8509SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 2018

Biography

Wine's Link International Holdings Limited, an investment holding company, engages in the wholesale and retail of a range of wine products and other alcoholic beverages in Hong Kong. The company offers wine products, such as premium collectible red, fine red, and white wine products; other alcoholic beverages comprising champagne, whisky, and sake; and wine accessory products, including wine decanters, wine glasses, and wine openers. It is also involved in trading of wine cellars. The company was founded in 2008 and is headquartered in San Po Kong, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/28 13:43
End of Day Share Price2020/05/27 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.