Executive Summary
Ming Yuan Cloud Group Holdings Limited, an investment holding company, provides software solutions for property developers in the People’s Republic of China. More Details
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with adequate balance sheet.
Share Price & News
How has Ming Yuan Cloud Group Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 909 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 11% a week.
Volatility Over Time: Insufficient data to determine 909's volatility change over the past year.
Market Performance
7 Day Return
4.2%
909
14.0%
HK Software
3.5%
HK Market
1 Year Return
n/a
909
221.0%
HK Software
15.1%
HK Market
Return vs Industry: Insufficient data to determine how 909 performed against the Hong Kong Software industry.
Return vs Market: Insufficient data to determine how 909 performed against the Hong Kong Market.
Shareholder returns
| 909 | Industry | Market | |
|---|---|---|---|
| 7 Day | 4.2% | 14.0% | 3.5% |
| 30 Day | 11.3% | 36.1% | 12.7% |
| 90 Day | 64.1% | 72.2% | 18.1% |
| 1 Year | n/a | 222.5%221.0% | 19.7%15.1% |
| 3 Year | n/a | 258.8%254.8% | -5.1%-15.1% |
| 5 Year | n/a | 398.0%386.4% | 65.1%37.0% |
Long-Term Price Volatility Vs. Market
How volatile is Ming Yuan Cloud Group Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Should We Be Delighted With Ming Yuan Cloud Group Holdings Limited's (HKG:909) ROE Of 73%?Valuation
Is Ming Yuan Cloud Group Holdings undervalued compared to its fair value and its price relative to the market?
253.54x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 909 (HK$52.85) is trading above our estimate of fair value (HK$6.32)
Significantly Below Fair Value: 909 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 909 is poor value based on its PE Ratio (253.5x) compared to the HK Software industry average (29.6x).
PE vs Market: 909 is poor value based on its PE Ratio (253.5x) compared to the Hong Kong market (12x).
Price to Earnings Growth Ratio
PEG Ratio: 909 is poor value based on its PEG Ratio (6x)
Price to Book Ratio
PB vs Industry: 909 is overvalued based on its PB Ratio (172.3x) compared to the HK Software industry average (0.9x).
Next Steps
Future Growth
How is Ming Yuan Cloud Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
42.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 909's forecast earnings growth (42.4% per year) is above the savings rate (1.5%).
Earnings vs Market: 909's earnings (42.4% per year) are forecast to grow faster than the Hong Kong market (21.6% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 909's revenue (25.7% per year) is forecast to grow faster than the Hong Kong market (14.4% per year).
High Growth Revenue: 909's revenue (25.7% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 909's Return on Equity is forecast to be low in 3 years time (7.8%).
Next Steps
Past Performance
How has Ming Yuan Cloud Group Holdings performed over the past 5 years?
24.0%
Last years earnings growth
Earnings and Revenue History
Quality Earnings: 909 has high quality earnings.
Growing Profit Margin: 909's current net profit margins (16%) are lower than last year (17.2%).
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 909's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Insufficient data to compare 909's past year earnings growth to its 5-year average.
Earnings vs Industry: 909 earnings growth over the past year (24%) exceeded the Software industry -7.4%.
Return on Equity
High ROE: Whilst 909's Return on Equity (73.24%) is outstanding, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is Ming Yuan Cloud Group Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 909's short term assets (CN¥1.1B) exceed its short term liabilities (CN¥939.9M).
Long Term Liabilities: 909's short term assets (CN¥1.1B) exceed its long term liabilities (CN¥44.7M).
Debt to Equity History and Analysis
Debt Level: 909's debt to equity ratio (102%) is considered high.
Reducing Debt: Insufficient data to determine if 909's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 909's debt is well covered by operating cash flow (116.2%).
Interest Coverage: 909 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Ming Yuan Cloud Group Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 909's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 909'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 909's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 909'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 909'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?
0.8yrs
Average board tenure
CEO
Haiyang Jiang (50 yo)
no data
Tenure
Mr. Haiyang Jiang is Executive Director and Chief Executive Officer at Ming Yuan Cloud Group Holdings Limited. Mr. Jiang serves as a Director of Ming Yuan Cloud Group Holdings Limited since March 31, 2020.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of the Board & Executive Director | no data | no data | no data | |
| CEO & Executive Director | no data | no data | 10.09% CN¥ 10.1b | |
| VP & Executive Director | 0.83yr | no data | 16.01% CN¥ 16.0b | |
| Non-Executive Director | 0.83yr | no data | no data | |
| Non-Executive Director | 1.25yrs | no data | no data | |
| Independent Non-Executive Director | 0.33yr | no data | no data | |
| Independent Non-Executive Director | 0.33yr | no data | no data | |
| Independent Non-Executive Director | 0.33yr | no data | no data |
0.8yrs
Average Tenure
47yo
Average Age
Experienced Board: 909's board of directors are not considered experienced ( 0.8 years average tenure), which suggests a new board.
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: 909 only recently listed within the past 12 months.
Top Shareholders
Company Information
Ming Yuan Cloud Group Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Ming Yuan Cloud Group Holdings Limited
- Ticker: 909
- Exchange: SEHK
- Founded: 2003
- Industry: Systems Software
- Sector: Software
- Market Cap: HK$100.026b
- Shares outstanding: 1.85b
- Website: https://www.mingyuanyun.com
Number of Employees
Location
- Ming Yuan Cloud Group Holdings Limited
- Skyworth Semiconductor Design Building
- 501-509, East Block
- Shenzhen
- Guangdong Province
- 518057
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 909 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Sep 2020 |
| 909 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Sep 2020 |
| 909 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Sep 2020 |
Biography
Ming Yuan Cloud Group Holdings Limited, an investment holding company, provides software solutions for property developers in the People’s Republic of China. It offers enterprise resource planning (ERP) so...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 10:22 |
| End of Day Share Price | 2021/01/22 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.