SEHK:909

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Ming Yuan Cloud Group Holdings

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


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

909IndustryMarket
7 Day4.2%14.0%3.5%
30 Day11.3%36.1%12.7%
90 Day64.1%72.2%18.1%
1 Yearn/a222.5%221.0%19.7%15.1%
3 Yearn/a258.8%254.8%-5.1%-15.1%
5 Yearn/a398.0%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

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

NamePositionTenureCompensationOwnership
Yu Gao
Chairman of the Board & Executive Directorno datano datano data
Haiyang Jiang
CEO & Executive Directorno datano data10.09%
CN¥ 10.1b
Xiaohui Chen
VP & Executive Director0.83yrno data16.01%
CN¥ 16.0b
Guozhi Liang
Non-Executive Director0.83yrno datano data
Feifan Yi
Non-Executive Director1.25yrsno datano data
Hanhui Li
Independent Non-Executive Director0.33yrno datano data
Liang Zhao
Independent Non-Executive Director0.33yrno datano data
Jing Zeng
Independent Non-Executive Director0.33yrno datano 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
909SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDSep 2020
909SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDSep 2020
909SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDSep 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/22 10:22
End of Day Share Price2021/01/22 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.