97 Stock Overview
Henderson Investment Limited, an investment holding company, engages in the operation of department stores in Hong Kong.
Henderson Investment Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.29|
|52 Week High||HK$0.41|
|52 Week Low||HK$0.29|
|1 Month Change||-9.23%|
|3 Month Change||-13.24%|
|1 Year Change||-14.49%|
|3 Year Change||-53.91%|
|5 Year Change||-56.62%|
|Change since IPO||-88.20%|
Recent News & Updates
Henderson Investment's (HKG:97) Dividend Will Be HK$0.01
The board of Henderson Investment Limited ( HKG:97 ) has announced that it will pay a dividend of HK$0.01 per share on...
Henderson Investment's (HKG:97) Dividend Will Be HK$0.01
Henderson Investment Limited ( HKG:97 ) has announced that it will pay a dividend of HK$0.01 per share on the 16th of...
|97||HK Multiline Retail||HK Market|
Return vs Industry: 97 exceeded the Hong Kong Multiline Retail industry which returned -26.1% over the past year.
Return vs Market: 97 exceeded the Hong Kong Market which returned -25.9% over the past year.
|97 Average Weekly Movement||3.8%|
|Multiline Retail Industry Average Movement||5.6%|
|Market Average Movement||6.4%|
|10% most volatile stocks in HK Market||12.5%|
|10% least volatile stocks in HK Market||3.1%|
Stable Share Price: 97 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 97's weekly volatility (4%) has been stable over the past year.
About the Company
Henderson Investment Limited, an investment holding company, engages in the operation of department stores in Hong Kong. It operates five department stores under the Citistore name; five household specialty stores under the name Citilife; two department stores-cum-supermarkets under the APITA name; and two supermarkets under the UNY name. The company is based in Central, Hong Kong.
Henderson Investment Fundamentals Summary
|97 fundamental statistics|
Is 97 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|97 income statement (TTM)|
|Cost of Revenue||HK$1.62b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.0092|
|Net Profit Margin||1.55%|
How did 97 perform over the long term?See historical performance and comparison
6.8%Current Dividend Yield
Is 97 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 97?
Other financial metrics that can be useful for relative valuation.
|What is 97's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 97's PE Ratio compare to its peers?
|97 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
848 Maoye International Holdings
825 New World Department Store China
289 Wing On Company International
3308 Golden Eagle Retail Group
97 Henderson Investment
Price-To-Earnings vs Peers: 97 is good value based on its Price-To-Earnings Ratio (32.1x) compared to the peer average (48.3x).
Price to Earnings Ratio vs Industry
How does 97's PE Ratio compare vs other companies in the Asian Multiline Retail Industry?
Price-To-Earnings vs Industry: 97 is expensive based on its Price-To-Earnings Ratio (32.1x) compared to the Asian Multiline Retail industry average (21.6x)
Price to Earnings Ratio vs Fair Ratio
What is 97's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||32.1x|
|Fair PE Ratio||n/a|
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 97's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 97 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 97 (HK$0.3) is trading below our estimate of fair value (HK$1.08)
Significantly Below Fair Value: 97 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Henderson Investment forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Henderson Investment 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.
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- Examine whether Henderson Investment is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Henderson Investment competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Henderson Investment performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 97 has a large one-off gain of HK$10.0M impacting its June 30 2022 financial results.
Growing Profit Margin: 97's current net profit margins (1.6%) are lower than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: 97's earnings have declined by 10.9% per year over the past 5 years.
Accelerating Growth: 97's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 97 had negative earnings growth (-74.3%) over the past year, making it difficult to compare to the Multiline Retail industry average (-11.7%).
Return on Equity
High ROE: 97's Return on Equity (2.1%) is considered low.
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How is Henderson Investment's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 97's short term assets (HK$446.0M) do not cover its short term liabilities (HK$597.0M).
Long Term Liabilities: 97's short term assets (HK$446.0M) do not cover its long term liabilities (HK$638.0M).
Debt to Equity History and Analysis
Debt Level: 97 is debt free.
Reducing Debt: 97 had no debt 5 years ago.
Debt Coverage: 97 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 97 has no debt, therefore coverage of interest payments is not a concern.
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What is Henderson Investment current dividend yield, its reliability and sustainability?
Dividend Score 2/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Henderson Investment Dividend Yield vs Market|
|Company (Henderson Investment)||6.8%|
|Market Bottom 25% (HK)||3.0%|
|Market Top 25% (HK)||8.8%|
|Industry Average (Multiline Retail)||2.5%|
|Analyst forecast in 3 Years (Henderson Investment)||n/a|
Notable Dividend: 97's dividend (6.78%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.9%).
High Dividend: 97's dividend (6.78%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.67%).
Stability and Growth of Payments
Stable Dividend: 97's dividend payments have been volatile in the past 10 years.
Growing Dividend: 97's dividend payments have fallen over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (217.7%), 97's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (26.8%), 97's dividend payments are well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Martin Lee (50 yo)
Dr. Ka-Shing Lee, also known as Martin, GBS, JP, DSSc (Hon), has been a Joint Chairman of The Hong Kong and China Gas Company Limited since May 28, 2019. He has been Chairman and Managing Director of Hende...
Experienced Board: 97's board of directors are seasoned and experienced ( 18 years average tenure).
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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Henderson Investment Limited's employee growth, exchange listings and data sources
- Name: Henderson Investment Limited
- Ticker: 97
- Exchange: SEHK
- Founded: NaN
- Industry: Department Stores
- Sector: Retail
- Implied Market Cap: HK$898.962m
- Shares outstanding: 3.05b
- Website: https://www.hilhk.com
Number of Employees
- Henderson Investment Limited
- Two International Finance Centre
- 72-76 Floors
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|97||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
|HDVT.Y||OTCPK (Pink Sheets LLC)||SPONSORED ADR||US||USD||Jul 1995|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/28 00:00|
|End of Day Share Price||2022/09/28 00:00|
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.