Legend Holdings Corporation, an diversified investment holding company, together with its subsidiaries, operates in information technology (IT), financial services, innovative consumption and services, agriculture and food, advanced manufacturing and professional services, and financial investments businesses in the People’s Republic of China and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$15.24|
|52 Week High||HK$9.21|
|52 Week Low||HK$18.12|
|1 Month Change||29.81%|
|3 Month Change||13.73%|
|1 Year Change||61.96%|
|3 Year Change||-36.50%|
|5 Year Change||-19.71%|
|Change since IPO||-64.52%|
Recent News & Updates
When Should You Buy Legend Holdings Corporation (HKG:3396)?
While Legend Holdings Corporation ( HKG:3396 ) might not be the most widely known stock at the moment, it received a...
Do Legend Holdings's (HKG:3396) Earnings Warrant Your Attention?
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
|3396||HK Tech||HK Market|
Return vs Industry: 3396 exceeded the Hong Kong Tech industry which returned 19.5% over the past year.
Return vs Market: 3396 exceeded the Hong Kong Market which returned 9.1% over the past year.
Stable Share Price: 3396 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.
Volatility Over Time: 3396's weekly volatility (8%) has been stable over the past year.
About the Company
Legend Holdings Corporation, an diversified investment holding company, together with its subsidiaries, operates in information technology (IT), financial services, innovative consumption and services, agriculture and food, advanced manufacturing and professional services, and financial investments businesses in the People’s Republic of China and internationally. The company’s IT segment develops, manufactures, and markets technology products and services to customers and enterprises. Its Financial Services segment offers banking, short-term financing, financial leasing, insurance brokerage, third party payment, internet finance, property insurance, and other related business services.
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¥382.76b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||8.15|
|Net Profit Margin||4.15%|
How did 3396 perform over the long term?See historical performance and comparison
2.8%Current Dividend Yield
Is Legend Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3396 (HK$15.24) is trading below our estimate of fair value (HK$128.94)
Significantly Below Fair Value: 3396 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3396 is good value based on its PE Ratio (1.6x) compared to the Hong Kong Tech industry average (8.8x).
PE vs Market: 3396 is good value based on its PE Ratio (1.6x) compared to the Hong Kong market (9.6x).
Price to Earnings Growth Ratio
PEG Ratio: 3396's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 3396 is good value based on its PB Ratio (0.5x) compared to the HK Tech industry average (1.3x).
How is Legend Holdings forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3396's earnings are forecast to decline over the next 3 years (-49.4% per year).
Earnings vs Market: 3396's earnings are forecast to decline over the next 3 years (-49.4% per year).
High Growth Earnings: 3396's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 3396's revenue (4.4% per year) is forecast to grow slower than the Hong Kong market (12.3% per year).
High Growth Revenue: 3396's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3396's Return on Equity is forecast to be low in 3 years time (10.6%).
How has Legend Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3396 has high quality earnings.
Growing Profit Margin: 3396's current net profit margins (4.1%) are higher than last year (2.8%).
Past Earnings Growth Analysis
Earnings Trend: 3396's earnings have grown significantly by 35% per year over the past 5 years.
Accelerating Growth: 3396's earnings growth over the past year (73.4%) exceeds its 5-year average (35% per year).
Earnings vs Industry: 3396 earnings growth over the past year (73.4%) underperformed the Tech industry 73.4%.
Return on Equity
High ROE: 3396's Return on Equity (19.4%) is considered low.
How is Legend Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 3396's short term assets (CN¥325.5B) do not cover its short term liabilities (CN¥409.2B).
Long Term Liabilities: 3396's short term assets (CN¥325.5B) exceed its long term liabilities (CN¥164.7B).
Debt to Equity History and Analysis
Debt Level: 3396's debt to equity ratio (188%) is considered high.
Reducing Debt: 3396's debt to equity ratio has increased from 134% to 188% over the past 5 years.
Debt Coverage: 3396's debt is not well covered by operating cash flow (17.4%).
Interest Coverage: 3396 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Legend Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3396's dividend (2.84%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 3396's dividend (2.84%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.83%).
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 5 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (4.3%), 3396's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3396's dividends in 3 years are forecast to be well covered by earnings (19.3% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Peng Li (48 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
Compensation vs Market: Peng's total compensation ($USD7.47M) is above average for companies of similar size in the Hong Kong market ($USD708.08K).
Compensation vs Earnings: Insufficient data to compare Peng's compensation with company performance.
Experienced Management: 3396's management team is considered experienced (4.1 years average tenure).
Experienced Board: 3396's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
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
- Market Cap: HK$35.909b
- 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
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/25 10:04|
|End of Day Share Price||2021/09/24 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.