SEHK:3638

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Huabang Financial Holdings

Executive Summary

Huabang Financial Holdings Limited, an investment holding company, engages in the computer and peripheral products in Hong Kong and the People's Republic of China.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Huabang Financial Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 3638's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

22.9%

3638

-3.8%

HK Electronic

-3.7%

HK Market


1 Year Return

-40.4%

3638

-3.9%

HK Electronic

-10.0%

HK Market

Return vs Industry: 3638 underperformed the Hong Kong Electronic industry which returned -3.3% over the past year.

Return vs Market: 3638 underperformed the Hong Kong Market which returned -11.2% over the past year.


Shareholder returns

3638IndustryMarket
7 Day22.9%-3.8%-3.7%
30 Day18.0%-0.3%-1.5%
90 Day-21.3%-17.8%-8.8%
1 Year-40.4%-40.4%-1.5%-3.9%-6.9%-10.0%
3 Year-32.2%-32.2%-19.2%-25.8%-3.9%-13.7%
5 Year78.8%77.0%6.9%-6.8%-16.3%-29.2%

Price Volatility Vs. Market

How volatile is Huabang Financial Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Huabang Financial Holdings undervalued compared to its fair value and its price relative to the market?

2.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 3638's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 3638's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 3638 is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: 3638 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3638's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3638 is overvalued based on its PB Ratio (2.1x) compared to the HK Electronic industry average (0.7x).


Next Steps

Future Growth

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

20.5%

Forecasted Tech industry annual growth in earnings


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 Huabang Financial 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 SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Huabang Financial Holdings performed over the past 5 years?

-60.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3638 is currently unprofitable.

Growing Profit Margin: 3638 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 3638 is unprofitable, and losses have increased over the past 5 years at a rate of -60.1% per year.

Accelerating Growth: Unable to compare 3638's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 3638 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-4.3%).


Return on Equity

High ROE: 3638 has a negative Return on Equity (-8.3%), as it is currently unprofitable.


Next Steps

Financial Health

How is Huabang Financial Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 3638's short term assets (HK$628.6M) exceed its short term liabilities (HK$371.6M).

Long Term Liabilities: 3638's short term assets (HK$628.6M) exceed its long term liabilities (HK$232.0K).


Debt to Equity History and Analysis

Debt Level: 3638's debt to equity ratio (50.7%) is considered high.

Reducing Debt: 3638's debt to equity ratio has reduced from 80.8% to 50.7% over the past 5 years.

Debt Coverage: 3638's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 3638's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Huabang Financial Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3638's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3638'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 3638's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3638's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 3638 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 3638'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?

7.9yrs

Average board tenure


CEO

George Lu (56yo)

3.92yrs

Tenure

HK$1,027,000

Compensation

Mr. George Lu is a Co-Owner and Chairman of Forever Star Capital Limited. Mr. Lu served as Chairman and Chief Executive Officer of Qianhai Health Holdings Limited (formerly Hang Fat Ginseng Holdings Compan ...


CEO Compensation Analysis

Compensation vs Market: George's total compensation ($USD132.46K) is below average for companies of similar size in the Hong Kong market ($USD279.28K).

Compensation vs Earnings: George's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
George Lu
Chairman3.92yrsHK$1.03m3.33% HK$43.0m
Qinzhen Lu
Finance Manager & Director of Bodatong Technology (Shenzhen) Company Limitedno datano datano data
Hong Shing Loo
Independent Non-Executive Director7.92yrsHK$207.00kno data
Chung Fai Pang
Non-Executive Director7.92yrsHK$374.00kno data
Huaqiang Li
Independent Non-Executive Director1.5yrsHK$67.00kno data
Shouzhong Zhu
Independent Non-Executive Director1.58yrsHK$81.00kno data

7.9yrs

Average Tenure

54.5yo

Average Age

Experienced Board: 3638's board of directors are considered experienced (7.9 years average tenure).


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Huabang Financial Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Huabang Financial Holdings Limited
  • Ticker: 3638
  • Exchange: SEHK
  • Founded: 2005
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: HK$1.294b
  • Shares outstanding: 4.38b
  • Website: https://www.huabangfinancial.com

Number of Employees


Location

  • Huabang Financial Holdings Limited
  • Enterprise Square Three
  • 33rd Floor
  • Kowloon Bay
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3638SEHK (The Stock Exchange of Hong Kong Ltd.)HKD0.0008333HKHKDNo data
3638SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDSep 2013

Biography

Huabang Financial Holdings Limited, an investment holding company, engages in the computer and peripheral products in Hong Kong and the People's Republic of China. It operates through: Computer and Peripheral Products Business; Financial Services Business; and Money Lending Business segments. It assembles and trades in electronic components and products; and offers computer accessories, and original equipment and design manufacturing services. It also provides initial public offering (IPO) feasibility assessment, sponsorship, placing, and underwriting, as well as pre-IPO restructuring and fund raising services for the corporate clients to have IPO on the Stock Exchange of Hong Kong Limited. In addition, it offers professional solutions for mergers and acquisitions, sales of business, spin-off and privatizations, and capital reorganization; corporate and individual financial advisory services; and debt and structured financing and advisory services comprising old/new shares placement, rights issue, assist bonds issuance, and convertible bonds and other securities issuance services. Further, it provides full brokerage services in securities trading, clearing, IPO subscription, shares custody, and nominee services, as well as shares margin financing for individual and corporate investors; lends money to high net worth corporations or individual borrowers who possess stocks of listed companies or real estate properties; and offers custom-made comprehensive financing plans. Additionally, it is involved in the equity, debt/bond, and mezzanine investments; and property holding businesses. The company was formerly known as Goldenmars Technology Holdings Limited and changed its name to Huabang Financial Holdings Limited in April 2017. The company was founded in 2005 and is headquartered in Kowloon Bay, Hong Kong. Huabang Financial Holdings Limited is a subsidiary of Forever Star Capital Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/28 13:25
End of Day Share Price2020/05/28 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.