3396 Stock Overview
Legend Holdings Corporation, together with its subsidiaries, operates in the industrial operations, and industrial incubations and investments business in the People’s Republic of China and internationally.
Legend Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$6.82|
|52 Week High||HK$16.48|
|52 Week Low||HK$6.71|
|1 Month Change||-24.31%|
|3 Month Change||-33.79%|
|1 Year Change||-54.83%|
|3 Year Change||-60.76%|
|5 Year Change||-67.13%|
|Change since IPO||-84.12%|
Recent News & Updates
A Look At The Fair Value Of Legend Holdings Corporation (HKG:3396)
How far off is Legend Holdings Corporation ( HKG:3396 ) from its intrinsic value? Using the most recent financial data...
|3396||HK Tech||HK Market|
Return vs Industry: 3396 underperformed the Hong Kong Tech industry which returned -53.8% over the past year.
Return vs Market: 3396 underperformed the Hong Kong Market which returned -28.8% over the past year.
|3396 Average Weekly Movement||4.6%|
|Tech Industry Average Movement||5.0%|
|Market Average Movement||6.4%|
|10% most volatile stocks in HK Market||12.6%|
|10% least volatile stocks in HK Market||3.1%|
Stable Share Price: 3396 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 3396's weekly volatility (5%) has been stable over the past year.
About the Company
Legend Holdings Corporation, together with its subsidiaries, operates in the industrial operations, and industrial incubations and investments business in the People’s Republic of China and internationally. The Industrial Operations segment provides devices and infrastructure, as well as creates solutions, services, and software; researches, develops, produces, and sells advanced material products; engages in agriculture and food related business; and offers integrated banking services, including corporate and institutional banking, retail banking, private banking, capital markets, etc. The Industrial Incubations and Investments segment invests in private equity and venture capital funds as a limited partner; holds interest in the general partners of various funds; and makes angel investments in technology start-ups, as well as minority investments in other entities. This segment also engages in aviation logistics, financial services, medical and health care, and office leasing services related businesses.
Legend Holdings Fundamentals Summary
|3396 fundamental statistics|
Is 3396 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|3396 income statement (TTM)|
|Cost of Revenue||CN¥410.93b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.73|
|Net Profit Margin||0.34%|
How did 3396 perform over the long term?See historical performance and comparison
6.5%Current Dividend Yield
Is 3396 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3396?
Other financial metrics that can be useful for relative valuation.
|What is 3396's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 3396's PE Ratio compare to its peers?
|3396 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
992 Lenovo Group
2385 Readboy Education Holding
2308 EVOC Intelligent Technology
1263 PC Partner Group
3396 Legend Holdings
Price-To-Earnings vs Peers: 3396 is good value based on its Price-To-Earnings Ratio (8.5x) compared to the peer average (16.5x).
Price to Earnings Ratio vs Industry
How does 3396's PE Ratio compare vs other companies in the Asian Tech Industry?
Price-To-Earnings vs Industry: 3396 is good value based on its Price-To-Earnings Ratio (8.5x) compared to the Asian Tech industry average (13.2x)
Price to Earnings Ratio vs Fair Ratio
What is 3396's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||8.5x|
|Fair PE Ratio||31.2x|
Price-To-Earnings vs Fair Ratio: 3396 is good value based on its Price-To-Earnings Ratio (8.5x) compared to the estimated Fair Price-To-Earnings Ratio (31.2x).
Share Price vs Fair Value
What is the Fair Price of 3396 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3396 (HK$6.82) is trading below our estimate of fair value (HK$149.15)
Significantly Below Fair Value: 3396 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Legend Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3396's forecast earnings growth (82.7% per year) is above the savings rate (1.6%).
Earnings vs Market: 3396's earnings (82.7% per year) are forecast to grow faster than the Hong Kong market (16.8% per year).
High Growth Earnings: 3396's earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 3396's revenue (9.2% per year) is forecast to grow slower than the Hong Kong market (9.7% per year).
High Growth Revenue: 3396's revenue (9.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 3396's Return on Equity is forecast to be high in 3 years time
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How has Legend Holdings performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3396 has a large one-off loss of CN¥6.9B impacting its June 30 2022 financial results.
Growing Profit Margin: 3396's current net profit margins (0.3%) are lower than last year (2.1%).
Past Earnings Growth Analysis
Earnings Trend: 3396's earnings have grown by 3.5% per year over the past 5 years.
Accelerating Growth: 3396's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3396 had negative earnings growth (-82%) over the past year, making it difficult to compare to the Tech industry average (-11%).
Return on Equity
High ROE: 3396's Return on Equity (12.9%) is considered low.
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How is Legend Holdings's financial position?
Financial Health Score3/6
Financial Health Score 3/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 3396's short term assets (CN¥364.7B) do not cover its short term liabilities (CN¥456.3B).
Long Term Liabilities: 3396's short term assets (CN¥364.7B) exceed its long term liabilities (CN¥137.3B).
Debt to Equity History and Analysis
Debt Level: 3396's net debt to equity ratio (46.1%) is considered high.
Reducing Debt: 3396's debt to equity ratio has increased from 118.3% to 160.3% over the past 5 years.
Debt Coverage: 3396's debt is well covered by operating cash flow (20.9%).
Interest Coverage: 3396's interest payments on its debt are well covered by EBIT (21x coverage).
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What is Legend Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
|Legend Holdings Dividend Yield vs Market|
|Company (Legend Holdings)||6.5%|
|Market Bottom 25% (HK)||3.0%|
|Market Top 25% (HK)||8.9%|
|Industry Average (Tech)||3.6%|
|Analyst forecast in 3 Years (Legend Holdings)||7.8%|
Notable Dividend: 3396's dividend (6.47%) is higher than the bottom 25% of dividend payers in the Hong Kong market (3.01%).
High Dividend: 3396's dividend (6.47%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.94%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 3396 has been paying a dividend for less than 10 years.
Growing Dividend: 3396's dividend payments have increased, but the company has only paid a dividend for 6 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (54.4%), 3396's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its low cash payout ratio (4.3%), 3396's dividend payments are thoroughly covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peng Li (49 yo)
Mr. Peng Li has been the Chief Executive Officer of Legend Holdings Corporation since 2020 and its Executive Director since February 13, 2020. He served as the President of Holdings Corporation since Janua...
CEO Compensation Analysis
|Peng Li's Compensation vs Legend Holdings Earnings|
|Date||Total Comp.||Salary||Company Earnings|
|Jun 30 2022||n/a||n/a|
|Mar 31 2022||n/a||n/a|
|Dec 31 2021||CN¥13m||CN¥11m|
|Sep 30 2021||n/a||n/a|
|Jun 30 2021||n/a||n/a|
|Mar 31 2021||n/a||n/a|
|Dec 31 2020||CN¥48m||CN¥11m|
Compensation vs Market: Peng's total compensation ($USD1.89M) is above average for companies of similar size in the Hong Kong market ($USD443.41K).
Compensation vs Earnings: Peng's compensation has been consistent with company performance over the past year.
Experienced Management: 3396's management team is seasoned and experienced (5.1 years average tenure).
Experienced Board: 3396's board of directors are considered experienced (4 years average tenure).
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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Legend Holdings Corporation's employee growth, exchange listings and data sources
- Name: Legend Holdings Corporation
- Ticker: 3396
- Exchange: SEHK
- Founded: 1984
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Implied Market Cap: HK$16.069b
- Shares outstanding: 2.36b
- Website: https://www.legendholdings.com.cn
Number of Employees
- Legend Holdings Corporation
- Court No. 2, Ke Xue Yuan Nanlu
- 17th Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|3396||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Foreign Shares Foreign Listed||HK||HKD||Jun 2015|
|1PC||DB (Deutsche Boerse AG)||Yes||Foreign Shares Foreign Listed||DE||EUR||Jun 2015|
|3396||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Foreign Shares Foreign Listed||HK||HKD||Jun 2015|
|3396||SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)||Yes||Foreign Shares Foreign Listed||HK||HKD||Jun 2015|
|LGNR.F||OTCPK (Pink Sheets LLC)||Yes||Foreign Shares Foreign Listed||US||USD||Jun 2015|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/01 00:00|
|End of Day Share Price||2022/09/30 00:00|
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.