SEHK:3800

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GCL-Poly Energy Holdings

Executive Summary

GCL-Poly Energy Holdings Limited operates as a solar photovoltaic company in the People’s Republic of China and internationally. More Details


Snowflake Analysis

Fair value with imperfect balance sheet.


Similar Companies

Share Price & News

How has GCL-Poly Energy Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3800's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.0%

3800

7.4%

HK Semiconductor

-0.7%

HK Market


1 Year Return

14.3%

3800

108.9%

HK Semiconductor

0.5%

HK Market

Return vs Industry: 3800 underperformed the Hong Kong Semiconductor industry which returned 112.8% over the past year.

Return vs Market: 3800 exceeded the Hong Kong Market which returned 0.4% over the past year.


Shareholder returns

3800IndustryMarket
7 Day-4.0%7.4%-0.7%
30 Day14.3%19.2%5.8%
90 Day50.0%1.4%1.4%
1 Year14.3%14.3%110.8%108.9%4.6%0.5%
3 Year-72.7%-72.7%85.5%79.8%-6.8%-16.9%
5 Year-75.9%-77.8%141.5%123.2%15.8%-3.8%

Price Volatility Vs. Market

How volatile is GCL-Poly Energy Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is GCL-Poly Energy Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 3800 (HK$0.36) is trading below our estimate of fair value (HK$1.43)

Significantly Below Fair Value: 3800 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 3800 is unprofitable, so we can't compare its PE Ratio to the HK Semiconductor industry average.

PE vs Market: 3800 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 3800's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3800 is good value based on its PB Ratio (0.3x) compared to the HK Semiconductor industry average (1.3x).


Next Steps

Future Growth

How is GCL-Poly Energy Holdings forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

64.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 3800 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 3800 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 3800 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: 3800's revenue (3.2% per year) is forecast to grow slower than the Hong Kong market (13.2% per year).

High Growth Revenue: 3800's revenue (3.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 3800 is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has GCL-Poly Energy Holdings performed over the past 5 years?

-56.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3800 is currently unprofitable.

Growing Profit Margin: 3800 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 3800 is unprofitable, and losses have increased over the past 5 years at a rate of 56.9% per year.

Accelerating Growth: Unable to compare 3800's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 3800 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (24.1%).


Return on Equity

High ROE: 3800 has a negative Return on Equity (-4.24%), as it is currently unprofitable.


Next Steps

Financial Health

How is GCL-Poly Energy Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 3800's short term assets (CN¥30.3B) do not cover its short term liabilities (CN¥47.1B).

Long Term Liabilities: 3800's short term assets (CN¥30.3B) exceed its long term liabilities (CN¥23.1B).


Debt to Equity History and Analysis

Debt Level: 3800's debt to equity ratio (197.7%) is considered high.

Reducing Debt: 3800's debt to equity ratio has reduced from 220.4% to 197.7% over the past 5 years.

Debt Coverage: 3800's debt is not well covered by operating cash flow (9%).

Interest Coverage: 3800 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is GCL-Poly Energy Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3800's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3800'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 3800's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3800's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 3800 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 3800'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?

5.5yrs

Average board tenure


CEO

Zhanjun Zhu (50 yo)

4.5yrs

Tenure

CN¥6,460,000

Compensation

Mr. Zhanjun Zhu has been the Chief Executive Officer at GCL-Poly Energy Holdings Ltd. since April 1, 2016 and its Executive President since January 2015. Mr. Zhu served as an Executive President of Solar B ...


CEO Compensation Analysis

Compensation vs Market: Zhanjun's total compensation ($USD960.11K) is above average for companies of similar size in the Hong Kong market ($USD474.69K).

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


Board Members

NamePositionTenureCompensationOwnership
Gongshan Zhu
Founder & Chairmanno dataCN¥8.81mno data
Zhanjun Zhu
Executive Director4.5yrsCN¥6.46mno data
Man Chung Yeung
Company Secretary6.08yrsCN¥7.00mno data
Wei Sun
Executive Director4.08yrsCN¥6.87m0.027%
CN¥ 2.0m
Yufeng Zhu
Executive Director11.08yrsCN¥6.79mno data
Xiongjiu Zheng
Executive Director4.5yrsCN¥4.00mno data
Jiang Wenwu
Executive Director4.5yrsCN¥4.66mno data
Man Chung Wong
Independent Non-Executive Director4.5yrsCN¥272.00kno data
Tai Him Yip
Independent Non-Executive Director11.58yrsCN¥516.00kno data
Chung Tai Ho
Independent Non-Executive Director13.08yrsCN¥697.00kno data
Wenzhong Shen
Independent Non-Executive Director5.25yrsCN¥272.00kno data

5.5yrs

Average Tenure

52yo

Average Age

Experienced Board: 3800's board of directors are considered experienced (5.5 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 6.6%.


Top Shareholders

Company Information

GCL-Poly Energy Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: GCL-Poly Energy Holdings Limited
  • Ticker: 3800
  • Exchange: SEHK
  • Founded: 2006
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: HK$7.294b
  • Shares outstanding: 21.14b
  • Website: https://www.gcl-poly.com.hk

Number of Employees


Location

  • GCL-Poly Energy Holdings Limited
  • International Commerce Centre
  • Level 17
  • Kowloon
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3800SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 2007
3GYDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2007
GCPE.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDNov 2007
3800SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDNov 2007
3800SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDNov 2007

Biography

GCL-Poly Energy Holdings Limited operates as a solar photovoltaic company in the People’s Republic of China and internationally. It operates through three segments: Solar Material Business, Solar Farm Busi ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 12:56
End of Day Share Price2020/10/29 00:00
Earnings2020/06/30
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.