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China Fortune Holdings

SEHK:110
Snowflake Description

Imperfect balance sheet with poor track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
110
SEHK
HK$141M
Market Cap
  1. Home
  2. HK
  3. Tech
Company description

China Fortune Holdings Limited, an investment holding company, engages in the distribution and trading of mobile phones and related accessories in the People’s Republic of China. The last earnings update was 28 days ago. More info.


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110 Share Price and Events
7 Day Returns
-8.3%
SEHK:110
-7.7%
HK Electronic
-2.2%
HK Market
1 Year Returns
-36.9%
SEHK:110
-42%
HK Electronic
-15.4%
HK Market
110 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China Fortune Holdings (110) -8.3% -2.5% 23.2% -36.9% -59.5% -67.9%
HK Electronic -7.7% -20.1% -18.2% -42% 1.1% 18.2%
HK Market -2.2% -9.5% -6% -15.4% 22% 6.7%
1 Year Return vs Industry and Market
  • 110 outperformed the Electronic industry which returned -42% over the past year.
  • 110 underperformed the Market in Hong Kong which returned -15.4% over the past year.
Price Volatility
110
Industry
5yr Volatility vs Market

Value

 Is China Fortune Holdings 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
  • It is not possible to calculate the future cash flow value for China Fortune Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.154.
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 China Fortune Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China Fortune Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:110 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$0.01
SEHK:110 Share Price ** SEHK (2019-05-23) in HKD HK$0.15
Hong Kong Electronic Industry PE Ratio Median Figure of 59 Publicly-Listed Electronic Companies 11.34x
Hong Kong Market PE Ratio Median Figure of 1,478 Publicly-Listed Companies 11.07x

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

** Primary Listing of China Fortune Holdings.

SEHK:110 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:110 Share Price ÷ EPS (both in HKD)

= 0.15 ÷ 0.01

18.12x

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

  • China Fortune Holdings is overvalued based on earnings compared to the HK Electronic industry average.
  • China Fortune Holdings is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does China Fortune Holdings's expected growth come at a high price?
Raw Data
SEHK:110 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 18.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Electronic Industry PEG Ratio Median Figure of 13 Publicly-Listed Electronic Companies 0.47x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.79x

*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 China Fortune Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on China Fortune Holdings's assets?
Raw Data
SEHK:110 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$0.04
SEHK:110 Share Price * SEHK (2019-05-23) in HKD HK$0.15
Hong Kong Electronic Industry PB Ratio Median Figure of 83 Publicly-Listed Electronic Companies 1.13x
Hong Kong Market PB Ratio Median Figure of 2,157 Publicly-Listed Companies 0.97x
SEHK:110 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:110 Share Price ÷ Book Value per Share (both in HKD)

= 0.15 ÷ 0.04

3.48x

* Primary Listing of China Fortune Holdings.

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

  • China Fortune Holdings is overvalued based on assets compared to the HK Electronic industry average.
X
Value checks
We assess China Fortune Holdings'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 Electronic 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 Electronic industry average (and greater than 0)? (1 check)
  5. China Fortune Holdings has a total score of 0/6, 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.

Future Performance

 How is China Fortune Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Fortune Holdings 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
18.3%
Expected Electronic industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China Fortune Holdings expected to grow at an attractive rate?
  • Unable to compare China Fortune Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare China Fortune Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare China Fortune Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:110 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Electronic Industry Earnings Growth Rate Market Cap Weighted Average 18.3%
Hong Kong Electronic Industry Revenue Growth Rate Market Cap Weighted Average 12.6%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.4%

*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:110 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:110 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 216 -17 8
2018-09-30 131 -14 -58
2018-06-30 46 -12 -124
2018-03-31 27 -19 -118
2017-12-31 7 -27 -112
2017-09-30 17 -18 -80
2017-06-30 27 -9 -48
2017-03-31 69 -3 -49
2016-12-31 111 3 -50
2016-09-30 168 -21 -35
2016-06-30 226 -46 -21
2016-03-31 192 -46 -22

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if China Fortune Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if China Fortune Holdings 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:110 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from China Fortune Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:110 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 0.01
2018-09-30 -0.06
2018-06-30 -0.14
2018-03-31 -0.13
2017-12-31 -0.12
2017-09-30 -0.09
2017-06-30 -0.06
2017-03-31 -0.06
2016-12-31 -0.06
2016-09-30 -0.04
2016-06-30 -0.03
2016-03-31 -0.03

*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 China Fortune Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 110’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. China Fortune Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  3. China Fortune Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess China Fortune Holdings'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.
China Fortune Holdings 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.

Past Performance

  How has China Fortune Holdings 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 China Fortune Holdings's growth in the last year to its industry (Electronic).
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.
  • China Fortune Holdings's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • China Fortune Holdings has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • China Fortune Holdings has become profitable in the last year making it difficult to compare the HK Electronic industry average.
Earnings and Revenue History
China Fortune Holdings'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 China Fortune Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:110 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 216.10 7.80 14.94
2018-09-30 131.24 -58.07 14.72
2018-06-30 46.37 -123.94 14.50
2018-03-31 26.90 -117.83 14.81
2017-12-31 7.44 -111.71 15.12
2017-09-30 17.12 -80.11 14.87
2017-06-30 26.81 -48.50 14.63
2017-03-31 68.72 -49.15 16.26
2016-12-31 110.64 -49.81 17.89
2016-09-30 168.18 -35.47 19.57
2016-06-30 225.73 -21.12 21.26
2016-03-31 191.82 -22.12 23.04
2015-12-31 157.90 -23.12 24.82
2015-09-30 98.85 -22.43 29.22
2015-06-30 39.79 -21.74 33.61
2015-03-31 48.69 -23.11 37.03
2014-12-31 57.59 -24.48 40.45
2014-09-30 87.03 -42.09 40.20
2014-06-30 116.47 -59.70 39.95
2014-03-31 157.41 -59.77 38.26
2013-12-31 198.34 -59.83 36.57
2013-09-30 302.95 -53.06 36.52
2013-06-30 407.55 -46.29 36.48
2013-03-31 515.30 -45.08 37.16
2012-12-31 623.05 -43.87 37.83
2012-09-30 846.11 -17.39 39.46
2012-06-30 1,069.18 9.10 41.10

*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.
  • Whilst China Fortune Holdings made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%), this is metric is skewed due to its high level of debt.
  • China Fortune Holdings used its assets more efficiently than the HK Electronic industry average last year based on Return on Assets.
  • It is difficult to establish if China Fortune Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess China Fortune Holdings'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 Electronic 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.
China Fortune Holdings has a total score of 1/6, 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.

Health

 How is China Fortune Holdings'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 China Fortune Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China Fortune Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • China Fortune Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of China Fortune Holdings'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.
  • Debt is covered by short term assets, assets are 6.1x debt.
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 China Fortune Holdings Company Filings, last reported 4 months ago.

SEHK:110 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 7.44 11.87 27.10
2018-09-30 7.44 11.87 27.10
2018-06-30 -23.16 14.63 15.12
2018-03-31 -23.16 14.63 15.12
2017-12-31 -6.05 14.88 19.62
2017-09-30 -6.05 14.88 19.62
2017-06-30 173.57 14.26 24.24
2017-03-31 173.57 14.26 24.24
2016-12-31 144.41 18.31 17.25
2016-09-30 144.41 18.31 17.25
2016-06-30 229.47 15.26 4.80
2016-03-31 229.47 15.26 4.80
2015-12-31 242.95 14.75 14.96
2015-09-30 242.95 14.75 14.96
2015-06-30 271.95 16.68 57.71
2015-03-31 271.95 16.68 57.71
2014-12-31 282.94 18.17 71.26
2014-09-30 282.94 18.17 71.26
2014-06-30 298.96 18.74 85.59
2014-03-31 298.96 18.74 85.59
2013-12-31 318.69 17.51 96.58
2013-09-30 318.69 17.51 96.58
2013-06-30 406.67 16.57 101.16
2013-03-31 406.67 16.57 101.16
2012-12-31 413.57 16.34 89.37
2012-09-30 413.57 16.34 89.37
2012-06-30 464.16 15.13 131.48
  • China Fortune Holdings's level of debt (159.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (5.5% vs 159.6% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on China Fortune Holdings's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess China Fortune Holdings'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. China Fortune Holdings has a total score of 2/6, 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.

Dividends

 What is China Fortune Holdings'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
0%
Current annual income from China Fortune Holdings dividends.
If you bought HK$2,000 of China Fortune Holdings shares you are expected to receive HK$0 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?
  • Unable to evaluate China Fortune Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate China Fortune Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:110 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 Electronic Industry Average Dividend Yield Market Cap Weighted Average of 39 Stocks 3.1%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 968 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.

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

  • Unable to perform a dividend volatility check as China Fortune Holdings has not reported any payouts.
  • Unable to verify if China Fortune Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of China Fortune Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as China Fortune Holdings has not reported any payouts.
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 China Fortune Holdings'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 China Fortune Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China Fortune Holdings has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of China Fortune Holdings'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
Steve Lau
COMPENSATION HK$3,345,000
AGE 54
TENURE AS CEO 27.3 years
CEO Bio

Mr. Lau Siu Ying, also known as Steve, founded China Fortune Holdings Limited (formerly, Fortune Telecom Holdings Ltd.) in 1992 and has been its Chairman and Chief Executive Officer since 1992. Mr. Lau has extensive working experience in the telecommunications industry for over 15 years and has established solid business contacts in both Hong Kong and the PRC. Mr. Lau has also excellent business contacts with international leading suppliers of mobile telephony technology and products. He serves as Executive General Partner at HBCC Technology Investment. Prior to setting up his own business, Mr. Lau worked for Hutchison Whampoa Group, in charge of the business development of the telecommunications in the PRC. Mr. Lau serves as an Executive Director of China Fortune Holdings Limited. Mr. Lau was appointed the director of China Mobile Communications Association (CMCA) in Beijing in mid 2000. He holds a bachelor degree in Business Administration from the Chinese University of Hong Kong and Master of Information Technology from National University of Ireland.

CEO Compensation
  • Steve's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Steve's remuneration is higher than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the China Fortune Holdings management team in years:

6
Average Tenure
53
Average Age
  • The average tenure for the China Fortune Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Steve Lau

TITLE
Founder
COMPENSATION
HK$3M
AGE
54
TENURE
27.3 yrs

Yu Wang

TITLE
VP & Executive Director
COMPENSATION
HK$485K
AGE
52

Wei Wang

TITLE
Group President
AGE
53
TENURE
6 yrs

Chi Kai So

TITLE
Group Financial Controller & Company Secretary
TENURE
1.1 yrs

Ken Fong

TITLE
Chief Technology Officer
AGE
53

Jeff Lo

TITLE
Sales Director
AGE
49

Huai Bin Kuang

TITLE
General Manager of Zhuhai Reminda Telecom Equipment Company Limited
AGE
57
Board of Directors Tenure

Average tenure and age of the China Fortune Holdings board of directors in years:

4.3
Average Tenure
53
Average Age
  • The tenure for the China Fortune Holdings board of directors is about average.
Board of Directors

Steve Lau

TITLE
Founder
COMPENSATION
HK$3M
AGE
54
TENURE
27.3 yrs

Yu Wang

TITLE
VP & Executive Director
COMPENSATION
HK$485K
AGE
52
TENURE
9.5 yrs

Man Kit Lam

TITLE
Independent Non-Executive Director
COMPENSATION
HK$25K
AGE
42
TENURE
1.6 yrs

Chun Law

TITLE
Independent Non-Executive Director
COMPENSATION
HK$100K
AGE
52
TENURE
6.9 yrs

Kang Rong Bao

TITLE
Non-Executive Director
AGE
54
TENURE
0.9 yrs

Wai Shun Lo

TITLE
Independent Non-Executive Director
AGE
57
TENURE
0.9 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 China Fortune Holdings'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. China Fortune Holdings 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.

News

Simply Wall St News

Does China Fortune Holdings Limited (HKG:110) Fall With The Market?

The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market. … Not every stock is exposed to the same level of market risk. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one.

Simply Wall St -

Should China Fortune Holdings Limited's (HKG:110) Recent Earnings Decline Worry You?

For investors, increase in profitability and industry-beating performance can be essential considerations in an investment. … Below, I will examine China Fortune Holdings Limited's (HKG:110) track record on a high level, to give you some insight into how the company has been performing against its long term trend and its industry peers. … View out our latest analysis for China Fortune Holdings?

Simply Wall St -

Next Capital Raising For China Fortune Holdings Limited (HKG:110)?

Looking at China Fortune Holdings’s latest financial data, I will gauge when the company may run out of cash and need to raise more money. … View our latest analysis for China Fortune Holdings What is cash burn? … SEHK:110 Income Statement Apr 26th 18 When will China Fortune Holdings need to raise more cash?

Simply Wall St -

How Should Investors Feel About China Fortune Holdings Limited's (HKG:110) CEO Pay?

View our latest analysis for China Fortune Holdings What has been the trend in 110's earnings? … During times of negative earnings, the company may be going through a period of reinvestment and growth, or it can be a signal of some headwind. … Typically I'd use market cap and profit as factors determining performance, however, 110's negative earnings reduces the usefulness of my formula.

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What Kind Of Risk Should You Expect For China Fortune Holdings Limited (HKG:110)?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … With a beta of 1.11, China Fortune Holdings is a stock that tends to experience more gains than the market during a growth phase and also a bigger reduction in value compared to the market during a broad downturn. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

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China Fortune Holdings Limited (HKG:110): Should The Recent Earnings Drop Worry You?

When China Fortune Holdings Limited's (SEHK:110) announced its latest earnings (30 June 2017), I wanted to understand how these figures stacked up against its past performance. … The two benchmarks I used were China Fortune Holdings's average earnings over the past couple of years, and its industry performance. … SEHK:110 Income Statement Mar 17th 18 We can further evaluate China Fortune Holdings's loss by looking at what the industry has been experiencing over the past few years.

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Company Info

Description

China Fortune Holdings Limited, an investment holding company, engages in the distribution and trading of mobile phones and related accessories in the People’s Republic of China. It operates through Mobile Phone Business and Mining Business segments. The company is also involved in the development of marketing and after-sales service network; and mining and processing of celestite, zinc, and lead minerals located in Huangshi City, Hubei Province. In addition, it owns a retail chain in Zhuhai for selling mobile phones and telecommunication equipment. The company was formerly known as Fortune Telecom Holdings Limited and changed its name to China Fortune Holdings Limited in October 2007. China Fortune Holdings Limited was founded in 1992 and is headquartered in Kwai Chung, Hong Kong.

Details
Name: China Fortune Holdings Limited
110
Exchange: SEHK
Founded: 1992
HK$141,338,034
917,779,442
Website: http://www.fortunetele.com
Address: China Fortune Holdings Limited
Regent Centre,
Tower A,
Kwai Chung,
New Territories, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 110 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 16. Feb 2000
DB FTQ Ordinary Shares Deutsche Boerse AG DE EUR 16. Feb 2000
Number of employees
Current staff
Staff numbers
25
China Fortune Holdings employees.
Industry
Technology Distributors
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/23 12:34
End of day share price update: 2019/05/23 00:00
Last earnings filing: 2019/04/25
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.