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HKBridge Financial Holdings

SEHK:2323
Snowflake Description

Moderate growth potential with imperfect balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2323
SEHK
HK$2B
Market Cap
  1. Home
  2. HK
  3. Tech
Company description

HKBridge Financial Holdings Limited, an investment holding company, manufactures and sells printed circuit boards (PCB). The last earnings update was 25 days ago. More info.


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2323 Share Price and Events
7 Day Returns
-1.4%
SEHK:2323
-7.4%
HK Electronic
-2.5%
HK Market
1 Year Returns
-65.9%
SEHK:2323
-40.2%
HK Electronic
-15.9%
HK Market
2323 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
HKBridge Financial Holdings (2323) -1.4% -2.8% -15.7% -65.9% -71.8% 200.4%
HK Electronic -7.4% -18.5% -13.1% -40.2% 4.1% 20.9%
HK Market -2.5% -8.6% -3.6% -15.9% 25.4% 7.8%
1 Year Return vs Industry and Market
  • 2323 underperformed the Electronic industry which returned -40.2% over the past year.
  • 2323 underperformed the Market in Hong Kong which returned -15.9% over the past year.
Price Volatility
2323
Industry
5yr Volatility vs Market

2323 Value

 Is HKBridge Financial 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 HKBridge Financial Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.7.
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 HKBridge Financial Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are HKBridge Financial Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:2323 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$-0.19
SEHK:2323 Share Price ** SEHK (2019-05-20) in HKD HK$0.7
Hong Kong Electronic Industry PE Ratio Median Figure of 59 Publicly-Listed Electronic Companies 11.11x
Hong Kong Market PE Ratio Median Figure of 1,476 Publicly-Listed Companies 11.17x

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

** Primary Listing of HKBridge Financial Holdings.

SEHK:2323 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:2323 Share Price ÷ EPS (both in HKD)

= 0.7 ÷ -0.19

-3.61x

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

  • HKBridge Financial Holdings is loss making, we can't compare its value to the HK Electronic industry average.
  • HKBridge Financial Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does HKBridge Financial Holdings's expected growth come at a high price?
Raw Data
SEHK:2323 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -3.61x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
27.8%per year
Hong Kong Electronic Industry PEG Ratio Median Figure of 13 Publicly-Listed Electronic Companies 0.64x
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 HKBridge Financial Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on HKBridge Financial Holdings's assets?
Raw Data
SEHK:2323 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$1.29
SEHK:2323 Share Price * SEHK (2019-05-20) in HKD HK$0.7
Hong Kong Electronic Industry PB Ratio Median Figure of 83 Publicly-Listed Electronic Companies 1.19x
Hong Kong Market PB Ratio Median Figure of 2,155 Publicly-Listed Companies 0.97x
SEHK:2323 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:2323 Share Price ÷ Book Value per Share (both in HKD)

= 0.7 ÷ 1.29

0.54x

* Primary Listing of HKBridge Financial Holdings.

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

  • HKBridge Financial Holdings is good value based on assets compared to the HK Electronic industry average.
X
Value checks
We assess HKBridge Financial 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. HKBridge Financial Holdings has a total score of 1/6, 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.

2323 Future Performance

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

  • No analysts cover HKBridge Financial Holdings, 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
27.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is HKBridge Financial Holdings expected to grow at an attractive rate?
  • HKBridge Financial Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • HKBridge Financial Holdings's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare HKBridge Financial Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:2323 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:2323 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 27.8%
Hong Kong Electronic Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
Hong Kong Electronic Industry Revenue Growth Rate Market Cap Weighted Average 12.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.7%

*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:2323 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:2323 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:2323 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 389 -358 -428
2018-09-30 725 -488 -89
2018-06-30 1,062 -617 249
2018-03-31 1,205 -488 353
2017-12-31 1,347 -358 456
2017-09-30 1,157 -558 330
2017-06-30 966 -758 204
2017-03-31 885 -648 191
2016-12-31 803 -537 177
2016-09-30 662 -301 77
2016-06-30 521 -65 -23
2016-03-31 544 -93 -3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • HKBridge Financial Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if HKBridge Financial 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:2323 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 HKBridge Financial Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2323 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:2323 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 -0.19
2018-09-30 -0.04
2018-06-30 0.13
2018-03-31 0.21
2017-12-31 0.30
2017-09-30 0.23
2017-06-30 0.15
2017-03-31 0.15
2016-12-31 0.15
2016-09-30 0.07
2016-06-30 -0.02
2016-03-31 0.00

*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 HKBridge Financial Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess HKBridge Financial 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.
HKBridge Financial Holdings has a total score of 3/6, 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.

2323 Past Performance

  How has HKBridge Financial 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 HKBridge Financial 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.
  • HKBridge Financial Holdings does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare HKBridge Financial Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare HKBridge Financial Holdings's 1-year growth to the HK Electronic industry average as it is not currently profitable.
Earnings and Revenue History
HKBridge Financial 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 HKBridge Financial Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2323 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 388.89 -427.67 192.89
2018-09-30 725.34 -89.23 229.08
2018-06-30 1,061.79 249.22 265.27
2018-03-31 1,204.60 352.66 246.82
2017-12-31 1,347.41 456.11 228.36
2017-09-30 1,156.92 330.05 218.20
2017-06-30 966.42 203.98 208.04
2017-03-31 884.81 190.61 205.70
2016-12-31 803.19 177.23 203.35
2016-09-30 661.89 77.07 179.88
2016-06-30 520.58 -23.08 156.40
2016-03-31 543.60 -2.59 154.88
2015-12-31 566.63 17.90 153.37
2015-09-30 576.18 -28.96 144.51
2015-06-30 585.73 -75.82 135.65
2015-03-31 598.04 -118.86 135.51
2014-12-31 610.34 -161.90 135.38
2014-09-30 641.72 -126.64 132.21
2014-06-30 673.10 -91.39 129.05
2014-03-31 696.73 -90.89 135.73
2013-12-31 720.37 -90.38 142.42
2013-09-30 726.78 12.66 150.08
2013-06-30 733.19 115.71 157.75
2013-03-31 775.10 106.02 157.99
2012-12-31 817.00 96.34 158.23
2012-09-30 870.77 -184.16 161.66
2012-06-30 924.54 -464.66 165.09

*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.
  • It is difficult to establish if HKBridge Financial Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if HKBridge Financial Holdings has efficiently used its assets last year compared to the HK Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if HKBridge Financial 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 HKBridge Financial 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.
HKBridge Financial Holdings has a total score of 0/6, 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.

2323 Health

 How is HKBridge Financial 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 HKBridge Financial Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • HKBridge Financial Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • HKBridge Financial Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of HKBridge Financial 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 2x 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 HKBridge Financial Holdings Company Filings, last reported 4 months ago.

SEHK:2323 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,846.15 1,491.80 466.77
2018-09-30 2,846.15 1,491.80 466.77
2018-06-30 3,166.05 1,539.17 603.15
2018-03-31 3,166.05 1,539.17 603.15
2017-12-31 3,320.96 1,533.36 1,179.71
2017-09-30 3,320.96 1,533.36 1,179.71
2017-06-30 1,217.05 1,902.74 1,127.55
2017-03-31 1,217.05 1,902.74 1,127.55
2016-12-31 1,167.38 1,325.22 1,632.21
2016-09-30 1,167.38 1,325.22 1,632.21
2016-06-30 484.02 248.85 438.47
2016-03-31 484.02 248.85 438.47
2015-12-31 340.31 251.12 96.99
2015-09-30 340.31 251.12 96.99
2015-06-30 417.23 303.00 154.06
2015-03-31 417.23 303.00 154.06
2014-12-31 371.91 279.38 94.72
2014-09-30 371.91 279.38 94.72
2014-06-30 494.26 278.75 131.99
2014-03-31 494.26 278.75 131.99
2013-12-31 553.50 206.72 85.87
2013-09-30 553.50 206.72 85.87
2013-06-30 596.88 236.63 89.28
2013-03-31 596.88 236.63 89.28
2012-12-31 623.46 489.99 63.93
2012-09-30 623.46 489.99 63.93
2012-06-30 555.14 417.14 113.75
  • HKBridge Financial Holdings's level of debt (52.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (37.5% vs 52.4% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on HKBridge Financial Holdings's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess HKBridge Financial 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. HKBridge Financial 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.

2323 Dividends

 What is HKBridge Financial 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 HKBridge Financial Holdings dividends.
If you bought HK$2,000 of HKBridge Financial 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 HKBridge Financial Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate HKBridge Financial 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:2323 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 3.6%
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 5.7%

Industry and Market average data is calculated daily.

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

SEHK:2323 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
SEHK:2323 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2019-04-25 0.000 0.000
2019-03-29 0.000 0.000
2018-04-25 0.100 9.891
2018-03-22 0.100 4.129

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

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

2323 Management

 What is the CEO of HKBridge Financial 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
Tingan Liu
COMPENSATION HK$59,483,000
AGE 56
TENURE AS CEO 3.2 years
CEO Bio

Mr. Tingan Liu, M.Econ has been Chairman, Chief Executive Officer and Executive Director of Topsearch International Holdings Ltd. March 22, 2016. Mr. Liu serves as Board Secretary General of China Life Insurance Company Limited. Mr. Liu served as a Deputy Chairman and President of China Life Insurance (Overseas) Company Limited since 2008 until March 31, 2015. His background includes significant experience in insurance, investments and banking operations. Mr. Liu has over 30 years of experience in finance management. Mr. Liu was the Managing Director and Chief Investment Officer of Reorient Financial Group Limited. He has a thorough knowledge of Chinese and international financial markets. He served as Joint Company Secretary of Sunshine Oilsands Limited since August 26, 2011 until June 2015. Mr. Liu served as a General Manager of Investment Centre of China Life Insurance Company and the President Assistant of Hainan Development Bank from December 1994 to January 2000 and the General Manager of its Guangzhou Branch and the Division Chief of the Programming Department under the State Commission for Restructuring the Economic Systems. Mr. Liu served as Non-Executive Chairman at Sunshine Oilsands Ltd, since November 30, 2014 and as its Non Executive Director since February 1, 2011 until June 24, 2015. He served as a Director of China Life Insurance (Overseas) Company Limited until March 31, 2015. Mr. Liu is a Member of the Listing Committee of the Stock Exchange of Hong Kong Limited, Member of the Insurance Advisory Committee of the Government of Hong Kong S.A.R.; a Councilor of the Life Insurance Council of the Hong Kong Federation of Insurers; an Executive Director of the Hong Kong Chinese Enterprises Association; and is a Council Member and Fellow of the Hong Kong Institute of Directors. Mr. Liu received the Director of the Year Award, organized by The Hong Kong Institute of Directors in 2009, in the category of Private Company Executive Directors, and he was also a winner of China's Top 10 Economic Talents Special Award 2009. He is a Senior Economist and a Fellowship Member of the Hong Kong Institute of Chartered Secretaries. In 1990, Mr. Liu joined a scholarship programme in Monetary Policy and Financial Markets launched by the University of Oxford, the United Kingdom. He holds a Master Degree in Economics from Renmin University of China in 1987. Mr. Liu graduated from Oxford University in the United Kingdom. He graduated from the Jiangxi University of Finance and Economics, China with a bachelor's degree in 1983.

CEO Compensation
  • Tingan's compensation has increased whilst company is loss making.
  • Tingan's remuneration is higher than average for companies of similar size in Hong Kong.
Management Team

Tingan Liu

TITLE
Chairman & CEO
COMPENSATION
HK$59M
AGE
56
TENURE
3.2 yrs

Peter Cheok

TITLE
Deputy Chairman
COMPENSATION
HK$5M
AGE
66

Zhiyang Su

TITLE
CFO & Company Secretary
TENURE
0.8 yrs
Board of Directors Tenure

Average tenure and age of the HKBridge Financial Holdings board of directors in years:

3.2
Average Tenure
59
Average Age
  • The tenure for the HKBridge Financial Holdings board of directors is about average.
Board of Directors

Tingan Liu

TITLE
Chairman & CEO
COMPENSATION
HK$59M
AGE
56
TENURE
3.2 yrs

Peter Cheok

TITLE
Deputy Chairman
COMPENSATION
HK$5M
AGE
66
TENURE
3.2 yrs

Man Kung Ng

TITLE
Independent Non-Executive Director
COMPENSATION
HK$190K
AGE
67
TENURE
3.2 yrs

Lawrence Lau

TITLE
Independent Non-Executive Director
COMPENSATION
HK$190K
AGE
47
TENURE
3.2 yrs

Kwok Kei Mak

TITLE
Independent Non-Executive Director
AGE
32
TENURE
0.8 yrs

Yumin Mao

TITLE
Non-Executive Director
COMPENSATION
HK$1M
AGE
62
TENURE
2.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess HKBridge Financial 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. HKBridge Financial 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.

2323 News

Simply Wall St News

What Kind Of Shareholders Own HKBridge Financial Holdings Limited (HKG:2323)?

As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.' HKBridge Financial Holdings is a smaller company with a market capitalization of HK$1.5b, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for HKBridge Financial Holdings SEHK:2323 Ownership Summary, May 16th 2019 What Does The Institutional Ownership Tell Us About HKBridge Financial Holdings? … Insider Ownership Of HKBridge Financial Holdings The definition of company insiders can be subjective, and does vary between jurisdictions.

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How Many HKBridge Financial Holdings Limited (HKG:2323) Shares Did Insiders Buy, In The Last Year?

So we'll take a look at whether insiders have been buying or selling shares in HKBridge Financial Holdings Limited (HKG:2323). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … Generally speaking, it catches our eye when an insider has purchased shares at above current prices, as it suggests they believed the shares were worth buying, even at a higher price

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What Investors Should Know About HKBridge Financial Holdings Limited's (HKG:2323) Financial Strength

HKBridge Financial Holdings Limited (HKG:2323) is a small-cap stock with a market capitalization of HK$1.7b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Assessing first and foremost the financial health is.

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HKBridge Financial Holdings Shareholders Have Enjoyed An Impressive 208% Share Price Gain

It hasn't been the best quarter for HKBridge Financial Holdings Limited (HKG:2323) shareholders, since the share price has fallen 14% in that time. … One flawed but reasonable way to assess how sentiment around a company has changed, is to compare the earnings per share (EPS) with the share price. … That kind of transition can be an inflection point that justifies a strong share price gain, just as we have seen here.

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Is HKBridge Financial Holdings Limited's (HKG:2323) CEO Salary Justified?

Tingan Liu has been the CEO of HKBridge Financial Holdings Limited (HKG:2323) since 2016. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Tingan Liu's Compensation Compare With Similar Sized Companies?

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Do You Know What HKBridge Financial Holdings Limited's (HKG:2323) P/E Ratio Means?

To keep it practical, we'll show how HKBridge Financial Holdings Limited's (HKG:2323) P/E ratio could help you assess the value on offer. … HKBridge Financial Holdings has a P/E ratio of 6.31, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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Have Insiders Been Buying HKBridge Financial Holdings Limited (HKG:2323) Shares This Year?

So before you buy or sell HKBridge Financial Holdings Limited (HKG:2323), you may well want to know whether insiders have been buying or selling. … HKBridge Financial Holdings Insider Transactions Over The Last Year. … Over the last year, we can see that the biggest insider purchase was by Chairman & CEO Tingan Liu for HK$583k worth of shares, at about HK$1.90 per share.

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Are HKBridge Financial Holdings Limited's (HKG:2323) Interest Costs Too High?

Investors are always looking for growth in small-cap stocks like HKBridge Financial Holdings Limited (HKG:2323), with a market cap of HK$1.7b. … However, an important fact which most ignore is: how financially healthy is the business? … So, understanding the company's financial health becomes

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Do Directors Own HKBridge Financial Holdings Limited (HKG:2323) Shares?

Every investor in HKBridge Financial Holdings Limited (HKG:2323) should be aware of the most powerful shareholder groups. … HKBridge Financial Holdings is a smaller company with a market capitalization of HK$2.0b, so it may still be flying under the radar of many institutional investors. … Check out our latest analysis for HKBridge Financial Holdings

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What Did HKBridge Financial Holdings Limited's (HKG:2323) CEO Take Home Last Year?

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Tingan Liu's Compensation Compare With Similar Sized Companies. … Our data indicates that HKBridge Financial Holdings Limited is worth HK$2.1b, and total annual CEO compensation is HK$50m.

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2323 Company Info

Description

HKBridge Financial Holdings Limited, an investment holding company, manufactures and sells printed circuit boards (PCB). The company operates through Manufacturing, Treasury Investments, and Financial Services segments. It is also involved in the investment and trading of securities and related treasury activities; and provision of securities advisory and asset management services. In addition, it engages in the provision of information system management services; consultancy and corporate solution services; and equity and debt investments. HKBridge Financial Holdings Limited operates in the People’s Republic of China, Singapore, Thailand, Malaysia, Germany, Poland, other European countries, the United States, Korea, Japan, and internationally. The company was formerly known as China HKBridge Holdings Limited and changed its name to HKBridge Financial Holdings Limited in September 2018. HKBridge Financial Holdings Limited was founded in 1985 and is headquartered in Central, Hong Kong.

Details
Name: HKBridge Financial Holdings Limited
2323
Exchange: SEHK
Founded: 1985
HK$1,545,600,000
2,208,000,000
Website: http://www.hkbridge.com.hk
Address: HKBridge Financial Holdings Limited
Unit 6812–13, The Center,
68th Floor,
Central,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 2323 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 21. Jun 2002
Number of employees
Current staff
Staff numbers
1,353
HKBridge Financial Holdings employees.
Industry
Electronic Manufacturing Services
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 12:43
End of day share price update: 2019/05/20 00:00
Last estimates confirmation: 2018/03/22
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.