Executive Summary
China e-Wallet Payment Group Limited, an investment holding company, primarily engages in Internet and mobile’s application and related accessories business in Hong Kong and other Asian countries. More Details
Risk Analysis
Snowflake Analysis
Flawless balance sheet and overvalued.
Share Price & News
How has China e-Wallet Payment Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 802 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: 802's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
Market Performance
7 Day Return
0%
802
13.3%
HK Software
3.7%
HK Market
1 Year Return
-13.0%
802
183.1%
HK Software
9.1%
HK Market
Return vs Industry: 802 underperformed the Hong Kong Software industry which returned 183.1% over the past year.
Return vs Market: 802 underperformed the Hong Kong Market which returned 9.1% over the past year.
Shareholder returns
| 802 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 13.3% | 3.7% |
| 30 Day | 0% | 29.1% | 9.9% |
| 90 Day | -17.7% | 54.4% | 16.7% |
| 1 Year | -13.0%-13.0% | 184.4%183.1% | 13.5%9.1% |
| 3 Year | -74.2%-74.2% | 243.0%239.2% | -3.3%-13.4% |
| 5 Year | -54.9%-54.9% | 393.7%382.0% | 64.9%37.1% |
Long-Term Price Volatility Vs. Market
How volatile is China e-Wallet Payment Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Calculating The Fair Value Of China e-Wallet Payment Group Limited (HKG:802)4 months ago | Simply Wall St
Companies Like China e-Wallet Payment Group (HKG:802) Can Afford To Invest In Growth8 months ago | Simply Wall St
China e-Wallet Payment Group (HKG:802) Is In A Strong Position To Grow Its BusinessValuation
Is China e-Wallet Payment Group undervalued compared to its fair value and its price relative to the market?
0.66x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 802 (HK$0.11) is trading above our estimate of fair value (HK$0.1)
Significantly Below Fair Value: 802 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 802 is unprofitable, so we can't compare its PE Ratio to the HK Software industry average.
PE vs Market: 802 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 802's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 802 is good value based on its PB Ratio (0.7x) compared to the HK Software industry average (0.9x).
Next Steps
Future Growth
How is China e-Wallet Payment Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
48.7%
Forecasted Software 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 China e-Wallet Payment 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
- Examine China e-Wallet Payment Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- China e-Wallet Payment Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
Past Performance
How has China e-Wallet Payment Group performed over the past 5 years?
-11.7%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 802 is currently unprofitable.
Growing Profit Margin: 802 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 802 is unprofitable, and losses have increased over the past 5 years at a rate of 11.7% per year.
Accelerating Growth: Unable to compare 802's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 802 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-7.4%).
Return on Equity
High ROE: 802 has a negative Return on Equity (-15.2%), as it is currently unprofitable.
Next Steps
Financial Health
How is China e-Wallet Payment Group's financial position?
Financial Position Analysis
Short Term Liabilities: 802's short term assets (HK$501.5M) exceed its short term liabilities (HK$65.9M).
Long Term Liabilities: 802's short term assets (HK$501.5M) exceed its long term liabilities (HK$5.6M).
Debt to Equity History and Analysis
Debt Level: 802 is debt free.
Reducing Debt: 802 has no debt compared to 5 years ago when its debt to equity ratio was 0%.
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: Whilst unprofitable 802 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 802 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 0.6% per year.
Next Steps
Dividend
What is China e-Wallet Payment Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 802's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 802'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 802's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 802'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 802'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?
5.6yrs
Average management tenure
CEO
Zhongling Wang (37 yo)
7.08yrs
Tenure
HK$160,000
Compensation
Mr. Zhongling Wang has been Chief Executive Officer of China e-Wallet Payment Group Limited (formerly known as RCG Holdings Limited) from December 2, 2013. Mr. Wang served as the Deputy General Manager of ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7.08yrs | HK$160.00k | no data | |
| Executive Director | 9.33yrs | no data | no data | |
| Executive Director | 9.33yrs | no data | no data | |
| Chief Financial Officer | 6.83yrs | no data | no data | |
| Chief Operating Officer | 4.42yrs | no data | no data | |
| Company Secretary | 1.67yrs | no data | no data |
5.6yrs
Average Tenure
43yo
Average Age
Experienced Management: 802's management team is seasoned and experienced (5.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 7.08yrs | HK$160.00k | no data | |
| Executive Director | 9.33yrs | no data | no data | |
| Executive Director | 9.33yrs | no data | no data | |
| Independent Non-Executive Director | 8.42yrs | HK$90.00k | no data | |
| Independent Non-Executive Director | 4.33yrs | HK$120.00k | no data | |
| Independent Non-Executive Director | 3.33yrs | HK$120.00k | no data |
8.3yrs
Average Tenure
52.5yo
Average Age
Experienced Board: 802's board of directors are considered experienced (8.3 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
China e-Wallet Payment Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: China e-Wallet Payment Group Limited
- Ticker: 802
- Exchange: SEHK
- Founded: 1999
- Industry: Application Software
- Sector: Software
- Market Cap: HK$288.092m
- Shares outstanding: 2.74b
- Website: https://rcg.todayir.com
Number of Employees
Location
- China e-Wallet Payment Group Limited
- No. 16-3, Jalan PJU 5/4
- Dataran Sunway
- Petaling Jaya
- Selangor
- 47810
- Malaysia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 802 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jul 2004 |
Biography
China e-Wallet Payment Group Limited, an investment holding company, primarily engages in Internet and mobile’s application and related accessories business in Hong Kong and other Asian countries. The comp...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/19 10:17 |
| End of Day Share Price | 2021/01/19 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.