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CCID Consulting

SEHK:8235
Snowflake Description

Flawless balance sheet, undervalued and pays a dividend.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8235
SEHK
HK$135M
Market Cap
  1. Home
  2. HK
  3. Software
Company description

CCID Consulting Company Limited provides consulting services in the People’s Republic of China. The last earnings update was 76 days ago. More info.


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8235 Share Price and Events
7 Day Returns
0%
SEHK:8235
0.4%
HK IT
0.8%
HK Market
1 Year Returns
-35.7%
SEHK:8235
-30.5%
HK IT
-21%
HK Market
8235 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
CCID Consulting (8235) 0% -8.1% -13.5% -35.7% -49.9% -24.3%
HK IT 0.4% 1% 4.4% -30.5% 3% 7.6%
HK Market 0.8% 4.2% 4.2% -21% 32.5% 11.9%
1 Year Return vs Industry and Market
  • 8235 underperformed the IT industry which returned -30.5% over the past year.
  • 8235 underperformed the Market in Hong Kong which returned -21% over the past year.
Price Volatility
8235
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for CCID Consulting's competitors could be found in our database.

8235 Value

 Is CCID Consulting undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of CCID Consulting to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for CCID Consulting.

SEHK:8235 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.4%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:8235
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 8%
IT Unlevered Beta Simply Wall St/ S&P Global 0.52
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.521 (1 + (1- 25%) (0%))
0.521
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (0.8 * 8%)
8.4%

Discounted Cash Flow Calculation for SEHK:8235 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for CCID Consulting is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:8235 DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (CNY, Millions) 79.29 80.46 81.64 82.83 84.04
Source Est @ 1.46% Est @ 1.46% Est @ 1.46% Est @ 1.46% Est @ 1.46%
Present Value
Discounted (@ 8.4%)
73.15 68.47 64.09 59.99 56.15
Present value of next 5 years cash flows CN¥321.85
SEHK:8235 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= CN¥84.04 × (1 + 2%) ÷ (8.4% – 2%)
CN¥1,340.00
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= CN¥1,340.00 ÷ (1 + 8.4%)5
CN¥895.26
SEHK:8235 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= CN¥321.85 + CN¥895.26
CN¥1,217.10
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥1,217.10 / 700.00
CN¥1.74
SEHK:8235 Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:8235)
1.152
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥1.74 x 1.152
HK$2
Value per share (HKD) From above. HK$2.00
Current discount Discount to share price of HK$0.19
= -1 x (HK$0.19 - HK$2.00) / HK$2.00
90.4%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price CCID Consulting is available for.
Intrinsic value
>50%
Share price is HK$0.19 vs Future cash flow value of HK$2
Current Discount Checks
For CCID Consulting to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • CCID Consulting's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • CCID Consulting's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for CCID Consulting's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are CCID Consulting's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8235 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in CNY CN¥0.06
SEHK:8235 Share Price ** SEHK (2019-01-22) in HKD HK$0.19
SEHK:8235 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.868 CN¥0.17
Hong Kong IT Industry PE Ratio Median Figure of 25 Publicly-Listed IT Companies 11.5x
Hong Kong Market PE Ratio Median Figure of 1,480 Publicly-Listed Companies 10.26x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of CCID Consulting.

SEHK:8235 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8235 Share Price ÷ EPS (both in CNY)

= 0.17 ÷ 0.06

2.85x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CCID Consulting is good value based on earnings compared to the HK IT industry average.
  • CCID Consulting is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does CCID Consulting's expected growth come at a high price?
Raw Data
SEHK:8235 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.85x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-9.7%per year
Hong Kong IT Industry PEG Ratio Median Figure of 7 Publicly-Listed IT Companies 0.54x
Hong Kong Market PEG Ratio Median Figure of 460 Publicly-Listed Companies 0.71x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for CCID Consulting, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on CCID Consulting's assets?
Raw Data
SEHK:8235 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in CNY CN¥0.19
SEHK:8235 Share Price * SEHK (2019-01-22) in HKD HK$0.19
SEHK:8235 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.868 CN¥0.17
Hong Kong IT Industry PB Ratio Median Figure of 33 Publicly-Listed IT Companies 1.35x
Hong Kong Market PB Ratio Median Figure of 2,115 Publicly-Listed Companies 0.92x
SEHK:8235 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8235 Share Price ÷ Book Value per Share (both in CNY)

= 0.17 ÷ 0.19

0.89x

* Primary Listing of CCID Consulting.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • CCID Consulting is good value based on assets compared to the HK IT industry average.
X
Value checks
We assess CCID Consulting's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the IT industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the IT industry average (and greater than 0)? (1 check)
  5. CCID Consulting has a total score of 5/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

8235 Future Performance

 How is CCID Consulting expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover CCID Consulting, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-9.7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is CCID Consulting expected to grow at an attractive rate?
  • CCID Consulting's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2%.
Growth vs Market Checks
  • CCID Consulting's earnings are expected to decrease over the next 1-3 years, this is below the Hong Kong market average.
  • Unable to compare CCID Consulting's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8235 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:8235 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -9.7%
Hong Kong IT Industry Earnings Growth Rate Market Cap Weighted Average 14.6%
Hong Kong IT Industry Revenue Growth Rate Market Cap Weighted Average 10.8%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:8235 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:8235 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-09-30 171 41
2018-06-30 159 45 27
2018-03-31 152 21
2017-12-31 147 34 20
2017-09-30 122 -0
2017-06-30 125 60 2
2017-03-31 130 8
2016-12-31 134 39 12
2016-09-30 131 11
2016-06-30 127 32 10
2016-03-31 123 9
2015-12-31 123 24 9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • CCID Consulting's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if CCID Consulting is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:8235 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from CCID Consulting Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8235 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-09-30 0.06
2018-06-30 0.04
2018-03-31 0.03
2017-12-31 0.03
2017-09-30 -0.00
2017-06-30 0.00
2017-03-31 0.01
2016-12-31 0.02
2016-09-30 0.02
2016-06-30 0.01
2016-03-31 0.01
2015-12-31 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if CCID Consulting will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess CCID Consulting's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
CCID Consulting has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

8235 Past Performance

  How has CCID Consulting performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare CCID Consulting's growth in the last year to its industry (IT).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • CCID Consulting has delivered over 20% year on year earnings growth in the past 5 years.
  • CCID Consulting has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • CCID Consulting has become profitable in the last year making it difficult to compare the HK IT industry average.
Earnings and Revenue History
CCID Consulting's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from CCID Consulting Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8235 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 170.55 41.09 52.76
2018-06-30 159.39 27.20 51.27
2018-03-31 152.24 21.32 50.35
2017-12-31 146.98 19.57 50.17
2017-09-30 121.59 -0.19 39.51
2017-06-30 124.76 2.00 45.31
2017-03-31 129.91 8.38 42.73
2016-12-31 133.69 12.11 44.89
2016-09-30 131.15 10.71 46.11
2016-06-30 127.44 9.90 40.57
2016-03-31 123.20 9.38 45.03
2015-12-31 123.20 9.38 45.03
2015-09-30 118.36 9.14 45.45
2015-06-30 126.13 9.79 50.16
2015-03-31 126.13 9.37 51.54
2014-12-31 131.29 8.98 54.68
2014-09-30 140.99 9.16 63.83
2014-06-30 138.57 10.59 59.65
2014-03-31 145.79 9.96 61.04
2013-12-31 145.79 10.09 57.91
2013-09-30 147.22 9.76 54.02
2013-06-30 145.31 2.84 54.51
2013-03-31 143.72 8.42 50.52
2012-12-31 145.67 8.34 53.90
2012-09-30 135.59 12.69 41.20
2012-06-30 131.74 14.37 38.43
2012-03-31 130.49 14.55 38.82

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • CCID Consulting has efficiently used shareholders’ funds last year (Return on Equity greater than 20%).
  • CCID Consulting used its assets more efficiently than the HK IT industry average last year based on Return on Assets.
  • CCID Consulting has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess CCID Consulting's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the IT industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
CCID Consulting has a total score of 4/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

8235 Health

 How is CCID Consulting's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up CCID Consulting's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • CCID Consulting is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • CCID Consulting has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of CCID Consulting's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • CCID Consulting has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from CCID Consulting Company Filings, last reported 3 months ago.

SEHK:8235 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 152.55 0.00 147.00
2018-06-30 152.55 0.00 147.00
2018-03-31 185.07 0.00 156.32
2017-12-31 185.07 0.00 156.32
2017-09-30
2017-06-30 170.34 0.00 105.95
2017-03-31 161.71 0.00 121.70
2016-12-31 161.71 0.00 121.70
2016-09-30
2016-06-30 165.25 0.00 83.77
2016-03-31 160.23 0.00 95.33
2015-12-31 160.23 0.00 95.33
2015-09-30
2015-06-30 151.68 0.00 42.42
2015-03-31 148.04 0.00 71.44
2014-12-31 148.04 0.00 71.44
2014-09-30
2014-06-30 140.79 0.00 38.69
2014-03-31 137.36 0.00 55.37
2013-12-31 137.36 0.00 55.37
2013-09-30
2013-06-30 127.65 0.00 31.55
2013-03-31 124.00 0.00 39.42
2012-12-31 124.00 0.00 39.42
2012-09-30
2012-06-30 121.90 0.00 21.58
2012-03-31 113.14 0.00 42.19
  • CCID Consulting has no debt.
  • CCID Consulting has not taken on any debt in the past 5 years.
  • CCID Consulting has no debt, it does not need to be covered by operating cash flow.
  • CCID Consulting has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess CCID Consulting's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. CCID Consulting has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

8235 Dividends

 What is CCID Consulting's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
8.54%
Current annual income from CCID Consulting dividends.
If you bought HK$2,000 of CCID Consulting shares you are expected to receive HK$171 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • CCID Consulting's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.13%).
  • CCID Consulting's dividend is above the markets top 25% of dividend payers in Hong Kong (5.83%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:8235 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong IT Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 1.9%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 918 Stocks 3.7%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:8235 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2018-03-28 0.014 7.203
2017-11-09 0.000 0.000
2017-08-10 0.000 0.000
2017-08-03 0.000 0.000
2017-05-10 0.000 0.000
2017-05-04 0.000 0.000
2017-03-23 0.000 0.000
2016-06-07 0.015 4.633
2016-03-24 0.015 4.112
2012-11-14 0.000 0.000
2012-11-12 0.000 0.000
2012-08-13 0.000 0.000
2012-08-09 0.000 0.000
2012-05-14 0.000 0.000
2012-03-28 0.000 0.000
2011-09-07 0.004 2.744
2011-03-28 0.004 2.135
2010-03-29 0.006 2.117
2009-05-05 0.011 6.585
2009-01-29 0.014 13.410

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of CCID Consulting's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (4.1x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess CCID Consulting's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can CCID Consulting afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. CCID Consulting has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

8235 Management

 What is the CEO of CCID Consulting's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Huifeng Sun
COMPENSATION CN¥981,000
AGE 39
TENURE AS CEO 2.8 years
CEO Bio

Mr. Huifeng Sun has been the General Manager at CCID Consulting Co. Ltd. since March 16, 2016 and served as its Deputy General Manager until March 16, 2016. Mr. Sun joined CCID Consulting Co. in July 2008. He has served as General Manager and Chief Business Officer of IT system industry research center, with over 6 years of experience in IT application for the industry, construction of information center, cloud computing and industry planning. Mr. Sun graduated from Huazhong University of Science & Technology with a master degree.

CEO Compensation
  • Huifeng's compensation has increased in line with CCID Consulting recently becoming profitable.
  • Huifeng's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the CCID Consulting management team in years:

2.8
Average Tenure
43
Average Age
  • The tenure for the CCID Consulting management team is about average.
Management Team

Zeming Zhao

TITLE
Chairman & Compliance Officer
COMPENSATION
CN¥4K
AGE
59
TENURE
1.2 yrs

Huifeng Sun

TITLE
General Manager
COMPENSATION
CN¥981K
AGE
39
TENURE
2.8 yrs

Yun Hu

TITLE
Financial Controller
COMPENSATION
CN¥22K
AGE
45

Changwen Fu

TITLE
Deputy General Manager & Secretary
AGE
37

Yin Chan

TITLE
Company Secretary
AGE
43
TENURE
6.8 yrs
Board of Directors Tenure

Average tenure and age of the CCID Consulting board of directors in years:

2.6
Average Tenure
54
Average Age
  • The average tenure for the CCID Consulting board of directors is less than 3 years, this suggests a new board.
Board of Directors

Zeming Zhao

TITLE
Chairman & Compliance Officer
COMPENSATION
CN¥4K
AGE
59
TENURE
1.2 yrs

Xinping Guo

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥44K
AGE
55
TENURE
16.7 yrs

Xuemei Li

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥44K
AGE
50
TENURE
7.2 yrs

Ying Chen

TITLE
Chairlady of the Supervisors
COMPENSATION
CN¥2K
AGE
67

Junrui Luo

TITLE
Non-Executive Director
COMPENSATION
CN¥129K
AGE
67
TENURE
4.2 yrs

Yinan Xia

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥5K
AGE
52
TENURE
1.2 yrs

Xin Ma

TITLE
Staff Representative Supervisor
AGE
53
TENURE
2.6 yrs

Lin Xia

TITLE
Supervisor
AGE
52
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess CCID Consulting's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. CCID Consulting has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

8235 News

Simply Wall St News

CCID Consulting Company Limited (HKG:8235) Delivered A Better ROE Than Its Industry

This article is for those who would like to learn about Return On Equity (ROE). … That means that for every HK$1 worth of shareholders' equity, it generated HK$0.32 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

Is CCID Consulting Company Limited (HKG:8235) A Smart Pick For Income Investors?

A sizeable part of portfolio returns can be produced by dividend stocks due to their contribution to compounding returns in the long run. … Historically, CCID Consulting Company Limited (HKG:8235) has paid a dividend to shareholders. … Let's dig deeper into whether CCID Consulting should have a place in your portfolio.

Simply Wall St -

Does CCID Consulting Company Limited's (HKG:8235) CEO Pay Reflect Performance?

This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of similar size. … How Does Huifeng Sun's Compensation Compare With Similar Sized Companies. … We examined a group of similar sized companies, with market capitalizations of below CN¥1.4b.

Simply Wall St -

How Financially Strong Is CCID Consulting Company Limited (HKG:8235)?

However, it also faces higher cost of capital given interest cost is generally lower than equity. … Is 8235 growing fast enough to value financial flexibility over lower cost of capital. … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt

Simply Wall St -

What Should Investors Know About CCID Consulting Company Limited's (HKG:8235) Return On Capital?

and want a simplistic look at the return on CCID Consulting Company Limited (HKG:8235) stock. … To understand CCID Consulting’s capital returns we will look at a useful metric called return on capital employed. … What is Return on Capital Employed (ROCE)?

Simply Wall St -

Is CCID Consulting Company Limited's (HKG:8235) PE Ratio A Signal To Buy For Investors?

While this makes 8235 appear like a great stock to buy, you might change your mind after I explain the assumptions behind the P/E ratio. … I will deconstruct the P/E ratio and highlight what you need to be careful of when using the P/E ratio … View our latest analysis for CCID Consulting

Simply Wall St -

Should CCID Consulting Company Limited (HKG:8235) Be Part Of Your Portfolio?

Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. … In the past 10 years CCID Consulting Company Limited (HKG:8235) has returned an average of 2.00% per year to investors in the form of dividend payouts. … Let's dig deeper into whether CCID Consulting should have a place in your portfolio.

Simply Wall St -

CCID Consulting Company Limited (HGK:8235): What You Have To Know Before Buying For The Upcoming Dividend

On the 09 August 2018, CCID Consulting Company Limited (HGK:8235) will be paying shareholders an upcoming dividend amount of CN¥0.014 per share. … Investors looking for higher income-generating stocks to add to their portfolio should keep reading, as I take a deeper dive into CCID Consulting's latest financial data to analyse its dividend attributes. … How I analyze a dividend stock.

Simply Wall St -

CCID Consulting And Other Top Discounted Tech Stocks

CCID Consulting, Microware Group, and Smart-Core Holdings are technology companies which share a common feature – they’re also great dividend stocks. … SEHK:8235 PE PEG Gauge Jun 6th 18 Microware Group Limited (SEHK:1985) Microware Group Limited, an investment holding company, provides information technology (IT) infrastructure solutions and IT managed services in Hong Kong. … Also, 1985’s PE ratio is around 14.53x relative to its IT peer level of, 18.47x implying that relative to its comparable company group, we can invest in 1985 at a lower price.

Simply Wall St -

Should CCID Consulting Company Limited (HKG:8235) Be Part Of Your Portfolio?

See our latest analysis for CCID Consulting How I analyze a dividend stock When researching a dividend stock, I always follow the following screening criteria: Is their annual yield among the top 25% of dividend payers? … SEHK:8235 Historical Dividend Yield May 19th 18 How does CCID Consulting fare? … Compared to its peers, CCID Consulting produces a yield of 5.50%, which is high for IT stocks.Next Steps: Taking into account the dividend metrics, CCID Consulting ticks most of the boxes as a strong dividend investment, putting it in my list of top dividend payers.

Simply Wall St -

8235 Company Info

Map
Description

CCID Consulting Company Limited provides consulting services in the People’s Republic of China. The company operates through Management and Strategic Consultancy Services, Market Consultancy Services, Information Engineering Supervision Services, and Other segments. The Management and Strategic Consultancy Services segment offers services comprising the application and implementation of enterprise management information digitalization, which incorporates the functions of business process re-engineering, enterprise resource planning, customer relationship management, supply chain management, call center and other electronic business pattern designs, marketing, brand name promotion, public relationship, and advertising. The Market Consultancy Services segment provides standard research on specific sectors and tailor-made research services. The Information Engineering Supervision Services segment offers information engineering supervision services to the undertaken projects. The Other segment provides data information management and training services. It also offers investment and economic consultancy services. CCID Consulting Company Limited is based in Beijing, the People’s Republic of China.

Details
Name: CCID Consulting Company Limited
8235
Exchange: SEHK
Founded:
HK$135,100,000
700,000,000
Website: http://www.ccidconsulting.com
Address: CCID Consulting Company Limited
CCID Plaza,
10th Floor,
Beijing,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8235 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong Ltd. HK HKD 12. Dec 2002
Number of employees
Current staff
Staff numbers
261
CCID Consulting employees.
Industry
IT Consulting and Other Services
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/01/23 12:35
End of day share price update: 2019/01/22 00:00
Last earnings filing: 2018/11/08
Last earnings reported: 2018/09/30
Last annual earnings reported: 2017/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.