SEHK:915

Stock Analysis Report

Daohe Global Group

Executive Summary

Daohe Global Group Limited, an investment holding company, sells merchandise, and provides procurement and value-added services in Australia, North America, the People’s Republic of China, Africa, Europe, and internationally.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 915's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

915

1.4%

HK Retail Distributors

2.7%

HK Market


1 Year Return

-36.4%

915

-18.4%

HK Retail Distributors

-19.8%

HK Market

Return vs Industry: 915 underperformed the Hong Kong Retail Distributors industry which returned -20.5% over the past year.

Return vs Market: 915 underperformed the Hong Kong Market which returned -22% over the past year.


Shareholder returns

915IndustryMarket
7 Day0%1.4%2.7%
30 Day-7.7%-8.2%-7.2%
90 Day-16.9%-10.2%-12.1%
1 Year-36.4%-36.4%-15.7%-18.4%-16.9%-19.8%
3 Year-92.5%-92.5%-28.4%-33.5%0.9%-9.3%
5 Year-90.4%-90.4%-49.7%-54.7%-12.6%-26.7%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Daohe Global Group undervalued compared to its fair value and its price relative to the market?

2.85x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 915's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 915's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 915 is unprofitable, so we can't compare its PE Ratio to the Retail Distributors industry average.

PE vs Market: 915 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 915's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 915 is overvalued based on its PB Ratio (3x) compared to the HK Retail Distributors industry average (0.7x).


Next Steps

Future Growth

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

2.7%

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 Daohe Global Group 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 Daohe Global Group performed over the past 5 years?

-56.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 915 is currently unprofitable.

Growing Profit Margin: 915 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 915 is unprofitable, and losses have increased over the past 5 years at a rate of -56.4% per year.

Accelerating Growth: Unable to compare 915's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 915 is unprofitable, making it difficult to compare its past year earnings growth to the Retail Distributors industry (16.9%).


Return on Equity

High ROE: 915 has a negative Return on Equity (-158.41%), as it is currently unprofitable.


Next Steps

Financial Health

How is Daohe Global Group's financial position?


Financial Position Analysis

Short Term Liabilities: 915's short term assets ($24.4M) exceed its short term liabilities ($16.0M).

Long Term Liabilities: 915's short term assets ($24.4M) exceed its long term liabilities ($625.0K).


Debt to Equity History and Analysis

Debt Level: 915's debt to equity ratio (45.9%) is considered high.

Reducing Debt: Insufficient data to determine if 915's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


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: Insufficient data to determine if 915 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 915 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 915's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 915'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 915's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 915's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 915 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 915'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?

6.2yrs

Average management tenure


CEO

Dennis Wong (49yo)

1.25s

Tenure

US$957,000

Compensation

Mr. Hing Lin Wong, also known as Dennis, is the Chief Executive Officer of Daohe Global Group Limited since January 1, 2019. Mr. Wong served as President of Daohe Global Group Limited. He served as its Chi ...


CEO Compensation Analysis

Compensation vs Market: Dennis's total compensation ($USD957.00K) is above average for companies of similar size in the Hong Kong market ($USD226.63K).

Compensation vs Earnings: Dennis's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Hing Lin Wong
CEO, President & Executive Director1.25yrsUS$957.00k0.25% $536.2k
Arthur Pruijt
Senior Vice President of Quality & Compliance11.08yrsno datano data
Long Liping
Executive Director1yrno datano data
Liu Kie
Chief Executive Officer of Consumer Electronics Division14.33yrsno datano data
Sau Man Cheng
Company Secretary0.33yrno datano data
Raymond Nugent
Managing Director of Linmark Electronics Limited and Director of Dowry Peacockno datano datano data

6.2yrs

Average Tenure

50.5yo

Average Age

Experienced Management: 915's management team is seasoned and experienced (6.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hing Lin Wong
CEO, President & Executive Director1.25yrsUS$957.00k0.25% $536.2k
Long Liping
Executive Director1yrno datano data
Raymond Nugent
Managing Director of Linmark Electronics Limited and Director of Dowry Peacockno datano datano data
Minshiang Wang
Independent Non-Executive Director18yrsUS$46.00k0.026% $55.8k
Lu Wang
Honorary Chairman5.17yrsUS$676.00kno data
Shu Yan Lau
Independent Non-Executive Director3.25yrsUS$31.00kno data
Xijian Zhou
Chairman5.17yrsUS$154.00kno data
Huijun Zhang
Independent Non-Executive Director3.25yrsUS$31.00kno data

5.2yrs

Average Tenure

53.5yo

Average Age

Experienced Board: 915's board of directors are considered experienced (5.2 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

Daohe Global Group Limited's company bio, employee growth, exchange listings and data sources


Key Information


Number of Employees


Location

  • Daohe Global Group Limited
  • 1123, Kowloonbay International Trade & Exhibition Centre
  • 1 Trademart Drive
  • Kowloon Bay
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
915SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2002

Biography

Daohe Global Group Limited, an investment holding company, sells merchandise, and provides procurement and value-added services in Australia, North America, the People’s Republic of China, Africa, Europe, and internationally. The company offers apparel, fashion accessories, and home and lifestyle products. It also provides laboratory, management, marketing consultancy and product development, software and information technology, and market trend consultancy services; acts as a procurement agent; develops and operates online social platforms; and engages in film production and distribution, and television and related activities. In addition, the company engages in money lending business. The company was formerly known as Daohe Global Group Limited and changed its name to Linmark Group Limited in June 2015. The company was founded in 1964 and is headquartered in Kowloon Bay, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 13:21
End of Day Share Price2020/04/06 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.