company background image
802

China e-Wallet Payment Group SEHK:802 Stock Report

Last Price

HK$0.044

Market Cap

HK$132.8m

7D

2.3%

1Y

-58.9%

Updated

14 Aug, 2022

Data

Company Financials
802 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

802 Stock Overview

China e-Wallet Payment Group Limited, an investment holding company, primarily engages in the internet and mobile’s application, and related accessories business in Hong Kong and the People’s Republic of China.

China e-Wallet Payment Group Competitors

Price History & Performance

Summary of all time highs, changes and price drops for China e-Wallet Payment Group
Historical stock prices
Current Share PriceHK$0.044
52 Week HighHK$0.13
52 Week LowHK$0.04
Beta1.26
1 Month Change-10.20%
3 Month Change-27.87%
1 Year Change-58.88%
3 Year Change-60.00%
5 Year Change-79.44%
Change since IPO-99.89%

Recent News & Updates

Dec 24
Rock star Growth Puts China e-Wallet Payment Group (HKG:802) In A Position To Use Debt

Rock star Growth Puts China e-Wallet Payment Group (HKG:802) In A Position To Use Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Shareholder Returns

802HK SoftwareHK Market
7D2.3%-1.1%0.3%
1Y-58.9%-51.5%-21.6%

Return vs Industry: 802 underperformed the Hong Kong Software industry which returned -51.5% over the past year.

Return vs Market: 802 underperformed the Hong Kong Market which returned -21.8% over the past year.

Price Volatility

Is 802's price volatile compared to industry and market?
802 volatility
802 Average Weekly Movement12.2%
Software Industry Average Movement8.1%
Market Average Movement6.5%
10% most volatile stocks in HK Market12.7%
10% least volatile stocks in HK Market3.2%

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.

About the Company

FoundedEmployeesCEOWebsite
n/a58Zhongling Wang

China e-Wallet Payment Group Limited, an investment holding company, primarily engages in the internet and mobile’s application, and related accessories business in Hong Kong and the People’s Republic of China. The company operates in the mobile payment platform and gaming industry. It provides application development for merchants; online gaming and utilities applications for mobile platform; and advertising services.

China e-Wallet Payment Group Fundamentals Summary

How do China e-Wallet Payment Group's earnings and revenue compare to its market cap?
802 fundamental statistics
Market CapHK$132.78m
Earnings (TTM)-HK$32.37m
Revenue (TTM)HK$101.92m

1.3x

P/S Ratio

-4.1x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
802 income statement (TTM)
RevenueHK$101.92m
Cost of RevenueHK$57.65m
Gross ProfitHK$44.27m
Other ExpensesHK$76.64m
Earnings-HK$32.37m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.011
Gross Margin43.44%
Net Profit Margin-31.76%
Debt/Equity Ratio4.7%

How did 802 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 802 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 802?

Other financial metrics that can be useful for relative valuation.

802 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.9x
Enterprise Value/EBITDA-2.6x
PEG Ration/a

Price to Sales Ratio vs Peers

How does 802's PS Ratio compare to its peers?

802 PS Ratio vs Peers
The above table shows the PS ratio for 802 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average2.3x
8036 eBroker Group
2.6xn/aHK$104.6m
8353 Anacle Systems
0.7xn/aHK$108.8m
8071 China Netcom Technology Holdings
4.5xn/aHK$154.6m
8290 Ahsay Backup Software Development
1.2xn/aHK$56.0m
802 China e-Wallet Payment Group
1.3xn/aHK$132.8m

Price-To-Sales vs Peers: 802 is good value based on its Price-To-Sales Ratio (1.3x) compared to the peer average (2.3x).


Price to Earnings Ratio vs Industry

How does 802's PE Ratio compare vs other companies in the HK Software Industry?

Price-To-Sales vs Industry: 802 is expensive based on its Price-To-Sales Ratio (1.3x) compared to the Hong Kong Software industry average (1.3x)


Price to Sales Ratio vs Fair Ratio

What is 802's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

802 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.3x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 802's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 802 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 802's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 802's fair value for valuation analysis.


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.


Discover undervalued companies

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?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


59.5%

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.


Discover growth companies

  • 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.

Past Performance

How has China e-Wallet Payment Group performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


47.3%

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, but has reduced losses over the past 5 years at a rate of 47.3% 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 (-14.3%).


Return on Equity

High ROE: 802 has a negative Return on Equity (-7.68%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is China e-Wallet Payment Group's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: 802's short term assets (HK$443.8M) exceed its short term liabilities (HK$17.9M).

Long Term Liabilities: 802's short term assets (HK$443.8M) exceed its long term liabilities (HK$23.1M).


Debt to Equity History and Analysis

Debt Level: 802 has more cash than its total debt.

Reducing Debt: 802's debt to equity ratio has reduced from 11.7% to 4.7% 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: 802 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 802 has sufficient cash runway for 1 years if free cash flow continues to grow at historical rates of 36.6% each year.


Discover healthy companies

Dividend

What is China e-Wallet Payment Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

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.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 802 has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

7.2yrs

Average management tenure


CEO

Zhongling Wang (39 yo)

8.67yrs

Tenure

HK$1,365,000

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

Experienced Management: 802's management team is seasoned and experienced (7.2 years average tenure).


Board Members

Experienced Board: 802's board of directors are considered experienced (9.9 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

China e-Wallet Payment Group Limited's employee growth, exchange listings and data sources


Key Information

  • Name: China e-Wallet Payment Group Limited
  • Ticker: 802
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Application Software
  • Sector: Software
  • Implied Market Cap: HK$132.780m
  • Shares outstanding: 3.02b

Number of Employees


Location

  • China e-Wallet Payment Group Limited
  • Room 626-629
  • Corporation Park
  • Sha Tin
  • New Territories
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/14 00:00
End of Day Share Price2022/08/12 00:00
Earnings2021/12/31
Annual Earnings2021/12/31


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.