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Changhong Jiahua Holdings

SEHK:8016
Snowflake Description

Adequate balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8016
SEHK
HK$1B
Market Cap
  1. Home
  2. HK
  3. Tech
Company description

Changhong Jiahua Holdings Limited, an investment holding company, distributes information technology (IT) consumer products, IT corporate products, and other products in Mainland China and other regions. The last earnings update was 77 days ago. More info.


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  • Changhong Jiahua Holdings has significant price volatility in the past 3 months.
8016 Share Price and Events
7 Day Returns
3.7%
SEHK:8016
-0.6%
HK Electronic
0.6%
HK Market
1 Year Returns
-22.2%
SEHK:8016
-37.3%
HK Electronic
-5.9%
HK Market
8016 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Changhong Jiahua Holdings (8016) 3.7% 15.5% -11.1% -22.2% -52.9% -59.4%
HK Electronic -0.6% 4.9% -17.5% -37.3% -1.6% 9.4%
HK Market 0.6% 3.7% -8.2% -5.9% 17.2% 4.8%
1 Year Return vs Industry and Market
  • 8016 outperformed the Electronic industry which returned -37.3% over the past year.
  • 8016 underperformed the Market in Hong Kong which returned -5.9% over the past year.
Price Volatility
8016
Industry
5yr Volatility vs Market

8016 Value

 Is Changhong Jiahua 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 Changhong Jiahua Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.56.
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 Changhong Jiahua Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Changhong Jiahua Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8016 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in HKD HK$0.12
SEHK:8016 Share Price ** SEHK (2019-07-16) in HKD HK$0.56
Hong Kong Electronic Industry PE Ratio Median Figure of 61 Publicly-Listed Electronic Companies 9.67x
Hong Kong Market PE Ratio Median Figure of 1,503 Publicly-Listed Companies 10.71x

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

** Primary Listing of Changhong Jiahua Holdings.

SEHK:8016 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8016 Share Price ÷ EPS (both in HKD)

= 0.56 ÷ 0.12

4.74x

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

  • Changhong Jiahua Holdings is good value based on earnings compared to the HK Electronic industry average.
  • Changhong Jiahua Holdings is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Changhong Jiahua Holdings's expected growth come at a high price?
Raw Data
SEHK:8016 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.74x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-3.8%per year
Hong Kong Electronic Industry PEG Ratio Median Figure of 12 Publicly-Listed Electronic Companies 0.51x
Hong Kong Market PEG Ratio Median Figure of 477 Publicly-Listed Companies 0.8x

*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 Changhong Jiahua Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Changhong Jiahua Holdings's assets?
Raw Data
SEHK:8016 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in HKD HK$0.66
SEHK:8016 Share Price * SEHK (2019-07-16) in HKD HK$0.56
Hong Kong Electronic Industry PB Ratio Median Figure of 82 Publicly-Listed Electronic Companies 1.04x
Hong Kong Market PB Ratio Median Figure of 2,190 Publicly-Listed Companies 0.92x
SEHK:8016 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8016 Share Price ÷ Book Value per Share (both in HKD)

= 0.56 ÷ 0.66

0.84x

* Primary Listing of Changhong Jiahua Holdings.

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

  • Changhong Jiahua Holdings is good value based on assets compared to the HK Electronic industry average.
X
Value checks
We assess Changhong Jiahua 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. Changhong Jiahua Holdings has a total score of 3/6, 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.

8016 Future Performance

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

  • No analysts cover Changhong Jiahua 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
-3.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Changhong Jiahua Holdings expected to grow at an attractive rate?
  • Changhong Jiahua Holdings's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2%.
Growth vs Market Checks
  • Changhong Jiahua Holdings's earnings are expected to decrease over the next 1-3 years, this is below the Hong Kong market average.
  • Unable to compare Changhong Jiahua Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8016 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:8016 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -3.8%
Hong Kong Electronic Industry Earnings Growth Rate Market Cap Weighted Average 20.1%
Hong Kong Electronic Industry Revenue Growth Rate Market Cap Weighted Average 13.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.3%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.5%

*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:8016 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 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:8016 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:8016 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-03-31 23,494 304
2018-12-31 22,098 -457 270
2018-09-30 21,925 276
2018-06-30 21,729 -1,397 260
2018-03-31 21,480 255
2017-12-31 21,024 -971 245
2017-09-30 20,962 236
2017-06-30 19,596 -532 219
2017-03-31 19,396 222
2016-12-31 19,063 -392 225
2016-09-30 18,864 244
2016-06-30 20,296 -1,304 234

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Changhong Jiahua Holdings's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Changhong Jiahua 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:8016 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Changhong Jiahua Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8016 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:8016 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-03-31 0.12
2018-12-31 0.11
2018-09-30 0.11
2018-06-30 0.10
2018-03-31 0.10
2017-12-31 0.10
2017-09-30 0.09
2017-06-30 0.09
2017-03-31 0.09
2016-12-31 0.09
2016-09-30 0.09
2016-06-30 0.09

*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 Changhong Jiahua Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Changhong Jiahua 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.
Changhong Jiahua 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.

8016 Past Performance

  How has Changhong Jiahua 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 Changhong Jiahua 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.
  • Changhong Jiahua Holdings's year on year earnings growth rate has been positive over the past 5 years.
  • Changhong Jiahua Holdings's 1-year earnings growth exceeds its 5-year average (18.9% vs 10.1%)
  • Changhong Jiahua Holdings's earnings growth has exceeded the HK Electronic industry average in the past year (18.9% vs -8%).
Earnings and Revenue History
Changhong Jiahua 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 Changhong Jiahua Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8016 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 23,494.46 303.65 420.58 26.01
2018-12-31 22,098.08 270.15 431.24 26.01
2018-09-30 21,925.15 276.34 446.80 8.84
2018-06-30 21,728.82 260.37 429.33 8.84
2018-03-31 21,479.90 255.36 422.26 8.84
2017-12-31 21,024.26 244.53 420.05 8.84
2017-09-30 20,961.96 236.44 411.03 14.31
2017-06-30 19,596.17 218.62 410.81 14.31
2017-03-31 19,395.59 221.78 411.31 14.31
2016-12-31 19,063.25 224.76 413.65 14.31
2016-09-30 18,864.38 243.63 436.95 17.45
2016-06-30 20,295.71 234.10 444.98 17.45
2016-03-31 20,463.83 203.45 460.35 17.45
2015-12-31 19,839.11 198.72 460.98 17.45
2015-09-30 19,167.08 183.07 460.60
2015-06-30 18,134.23 192.51 458.27
2015-03-31 16,922.54 183.21 455.96
2014-12-31 17,558.79 188.92 449.46
2014-09-30 16,898.20 179.59 456.83
2014-06-30 17,050.60 178.89 454.85
2014-03-31 18,117.39 178.08 444.75
2013-12-31 18,343.54 178.09 448.14
2013-09-30 15,505.36 114.56 372.97
2013-06-30 15,531.27 124.67 362.07
2013-03-31 14,922.07 157.66 335.00
2012-12-31 14,928.82 154.73 323.54
2012-09-30 14,160.64 172.40 250.77

*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.
  • Changhong Jiahua Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Changhong Jiahua Holdings used its assets more efficiently than the HK Electronic industry average last year based on Return on Assets.
  • Changhong Jiahua Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Changhong Jiahua 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.
Changhong Jiahua Holdings has a total score of 4/6, 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.

8016 Health

 How is Changhong Jiahua 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 Changhong Jiahua Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Changhong Jiahua Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Changhong Jiahua Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Changhong Jiahua 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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 6.8x 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 Changhong Jiahua Holdings Company Filings, last reported 3 months ago.

SEHK:8016 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 1,733.24 880.47 616.90
2018-12-31 1,733.24 880.47 616.90
2018-09-30 1,676.01 1,082.15 219.40
2018-06-30 1,676.01 1,082.15 219.40
2018-03-31 1,636.25 459.82 477.56
2017-12-31 1,636.25 459.82 477.56
2017-09-30
2017-06-30 1,447.69 805.87 209.24
2017-03-31 1,357.19 315.07 259.48
2016-12-31 1,357.19 315.07 259.48
2016-09-30
2016-06-30 1,321.21 510.70 192.21
2016-03-31 1,274.22 524.93 159.18
2015-12-31 1,274.22 524.93 159.18
2015-09-30
2015-06-30 1,363.44 1,041.07 84.47
2015-03-31 1,268.68 868.50 257.85
2014-12-31 1,268.68 868.50 257.85
2014-09-30
2014-06-30 1,168.44 506.47 397.61
2014-03-31 1,082.90 1,034.79 553.75
2013-12-31 1,082.90 1,034.79 553.75
2013-09-30
2013-06-30 968.66 1,237.92 407.20
2013-03-31 865.50 987.35 414.03
2012-12-31 865.50 987.35 414.03
2012-09-30
  • Changhong Jiahua Holdings's level of debt (50.8%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (94.9% vs 50.8% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 6.9x coverage).
X
Financial health checks
We assess Changhong Jiahua 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. Changhong Jiahua Holdings has a total score of 4/6, 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.

8016 Dividends

 What is Changhong Jiahua 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
5.36%
Current annual income from Changhong Jiahua Holdings dividends.
If you bought HK$2,000 of Changhong Jiahua Holdings shares you are expected to receive HK$107 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?
  • Changhong Jiahua Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.08%).
  • Changhong Jiahua Holdings's dividend is below the markets top 25% of dividend payers in Hong Kong (5.74%).
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:8016 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 978 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:8016 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
SEHK:8016 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2019-03-28 0.030 5.616
2019-03-25 0.030 5.777
2018-03-28 0.030 4.265
2017-05-16 0.030 3.318
2016-10-27 0.000 0.000
2016-10-24 0.000 0.000
2016-08-04 0.000 0.000
2016-07-28 0.000 0.000
2016-03-31 0.040 3.452
2016-03-30 0.040 3.448
2015-10-23 0.040 3.178
2015-10-19 0.040 2.812
2015-08-14 0.040 2.841

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

  • Changhong Jiahua Holdings has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Changhong Jiahua Holdings has only been paying a dividend for 4 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Changhong Jiahua Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.9x coverage).
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 Changhong Jiahua 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 Changhong Jiahua Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Changhong Jiahua Holdings has a total score of 2/6, see the detailed checks below.


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

8016 Management

 What is the CEO of Changhong Jiahua 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
Jianqiu Zhu
COMPENSATION HK$12,235,000
AGE 57
CEO Bio

Mr. Zhu Jianqiu has been the President and Executive Director of Changhong Jiahua Holdings Limited since April 15, 2013 and serves as its Compliance officer and Managing Director. Mr. Zhu is primarily responsible for the daily management of Changhong IT. He is also responsible for the implementation of the internal control measures of Changhong IT and its subsidiaries. He founded Technology Group Corporation in 1998 (formerly known as Shanghai Founder Yanzhong Technology Group Inc.) as the Vice Chairman, President and Director. Prior to joining Changhong IT, in 2001, Mr. Zhu served as the President of Zarva Technology Group Co., Ltd. Mr. Zhu has nearly 14 years of management experience in the IT industry. He serves as a Director of Sichuan Changhong Electric. In 2002, he served as a Director of Sichuan Xichang Electric Power Co. Ltd. He served as a Director of Zarva Technology Group Co., Ltd. Mr. Zhu graduated from Northeast University in the PRC (formerly known as Northeast University of Technology) and obtained a Bachelor's Degree in July 1984. In June 2007, he obtained a Doctor's Degree in economics at Renmin University in the PRC.

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

Average tenure and age of the Changhong Jiahua Holdings management team in years:

1.7
Average Tenure
46.5
Average Age
  • The average tenure for the Changhong Jiahua Holdings management team is less than 2 years, this suggests a new team.
Management Team

Yong Zhao

TITLE
Chairman of the Board
AGE
57

Jianqiu Zhu

TITLE
President
COMPENSATION
HK$12M
AGE
57

Jun Yang

TITLE
Executive Director
AGE
49

Na Yang

TITLE
Financial Controller
AGE
38
TENURE
1.7 yrs

Yongping Luo

TITLE
Executive Director
AGE
44

Qilin Zhao

TITLE
Joint Company Secretary
COMPENSATION
HK$494K
AGE
44
TENURE
1.7 yrs

Ching Kit Cheng

TITLE
Joint Company Secretary
TENURE
1.2 yrs
Board of Directors Tenure

Average tenure and age of the Changhong Jiahua Holdings board of directors in years:

2.2
Average Tenure
49
Average Age
  • The average tenure for the Changhong Jiahua Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Yong Zhao

TITLE
Chairman of the Board
AGE
57
TENURE
6.3 yrs

Jianqiu Zhu

TITLE
President
COMPENSATION
HK$12M
AGE
57
TENURE
6.3 yrs

Jun Yang

TITLE
Executive Director
AGE
49
TENURE
2.2 yrs

Yongping Luo

TITLE
Executive Director
AGE
44
TENURE
0.5 yrs

Jonathan Chan

TITLE
Independent Non-Executive Director
COMPENSATION
HK$200K
AGE
45
TENURE
12.4 yrs

Xudong Gao

TITLE
Independent Non-Executive Director
AGE
53
TENURE
0.2 yrs

Qingbin Meng

TITLE
Independent Non Executive Director
AGE
39
TENURE
0.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
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Management checks
We assess Changhong Jiahua 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. Changhong Jiahua 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.

8016 News

Simply Wall St News

Could Changhong Jiahua Holdings Limited (HKG:8016) Have The Makings Of Another Dividend Aristocrat?

Could Changhong Jiahua Holdings Limited (HKG:8016) be an attractive dividend share to own for the long haul? Investors are often drawn to strong companies with the idea of reinvesting the dividends. Yet sometimes, investors buy a popular dividend stock because of its yield, and then lose money if the company's dividend doesn't live up to expectations. In this case, Changhong Jiahua Holdings likely looks attractive to dividend investors, given its 5.4% dividend yield and four-year payment history. It sure looks interesting on these metrics - but there's always more to the story . Before you buy any stock for its dividend however, you should always remember Warren Buffett's two rules: 1) Don't lose money, and 2) Remember rule #1. … Last year, Changhong Jiahua Holdings paid a dividend while reporting negative free cash flow. … Changhong Jiahua Holdings has been paying a dividend for the past four years.

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Changhong Jiahua Holdings (HKG:8016) Takes On Some Risk With Its Use Of Debt

SEHK:8016 Historical Debt, July 3rd 2019 How Healthy Is Changhong Jiahua Holdings's Balance Sheet? … Either way, since Changhong Jiahua Holdings does have more debt than cash, it's worth keeping an eye on its balance sheet. … But it is Changhong Jiahua Holdings's earnings that will influence how the balance sheet holds up in the future.

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Did Changing Sentiment Drive Changhong Jiahua Holdings's (HKG:8016) Share Price Down A Worrying 62%?

For example the Changhong Jiahua Holdings Limited (HKG:8016) share price dropped 62% over five years. … During the unfortunate half decade during which the share price slipped, Changhong Jiahua Holdings actually saw its earnings per share (EPS) improve by 9.3% per year. … We note that for Changhong Jiahua Holdings the TSR over the last 5 years was -55%, which is better than the share price return mentioned above.

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Interested In Changhong Jiahua Holdings Limited (HKG:8016)? Here's What Its Recent Performance Looks Like

See our latest analysis for Changhong Jiahua Holdings How 8016 fared against its long-term earnings performance and its industry 8016's trailing twelve-month earnings (from 31 March 2019) of HK$304m has jumped 19% compared to the previous year. … Let's take a look at if it is merely a result of industry tailwinds, or if Changhong Jiahua Holdings has seen some company-specific growth. … I suggest you continue to research Changhong Jiahua Holdings to get a better picture of the stock by looking at: Future Outlook: What are well-informed industry analysts predicting for 8016’s future growth?

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Changhong Jiahua Holdings Limited (HKG:8016): 3 Days To Buy Before The Ex-Dividend Date

Changhong Jiahua Holdings Limited (HKG:8016) will be distributing its dividend of HK$0.03 per share on the 12 June 2019, and will start trading ex-dividend in 3 days time on the 23 May 2019. … View our latest analysis for Changhong Jiahua Holdings How I analyze a dividend stock If you are a dividend investor, you should always assess these five key metrics: Is its annual yield among the top 25% of dividend-paying companies? … In terms of its peers, Changhong Jiahua Holdings generates a yield of 5.6%, which is high for Electronic stocks but still below the market's top dividend payers.

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Is Changhong Jiahua Holdings Limited's (HKG:8016) P/E Ratio Really That Good?

We'll apply a basic P/E ratio analysis to Changhong Jiahua Holdings Limited's (HKG:8016), to help you decide if the stock is worth further research. … Changhong Jiahua Holdings has a P/E ratio of 5.16, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

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An Examination Of Changhong Jiahua Holdings Limited (HKG:8016)

Changhong Jiahua Holdings Limited (HKG:8016) is a company with exceptional fundamental characteristics. … Upon building up an investment case for a stock, we should look at various aspects. … is a company with great financial health as well as a.

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Why Changhong Jiahua Holdings Limited (HKG:8016) Looks Like A Quality Company

Changhong Jiahua Holdings has a ROE of 16%, based on the last twelve months. … One way to conceptualize this, is that for each HK$1 of shareholders' equity it has, the company made HK$0.16 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Should You Be Pleased About The CEO Pay At Changhong Jiahua Holdings Limited's (HKG:8016)

First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Jianqiu Zhu's Compensation Compare With Similar Sized Companies. … At the time of writing our data says that Changhong Jiahua Holdings Limited has a market cap of HK$1.4b, and is paying total annual CEO compensation of HK$12m.

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Changhong Jiahua Holdings Limited (HKG:8016) Earns A Nice Return On Capital Employed

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … How Do You Calculate Return On Capital Employed

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8016 Company Info

Description

Changhong Jiahua Holdings Limited, an investment holding company, distributes information technology (IT) consumer products, IT corporate products, and other products in Mainland China and other regions. The company's IT Consumer Products segment distributes personal computers, digital products, and IT accessories. Its IT Corporate Products segment distributes storage products, minicomputers, networking products, personal computer servers, intelligent building management system products, and unified communication and contact center products. The company's Others segment distributes smartphones; develops own brand products, such as mobile location-based service products; sells warranty packages; and provides professional integrated IT solutions and services. The company was formerly known as China Data Broadcasting Holdings Limited and changed its name to Changhong Jiahua Holdings Limited in January 2013. Changhong Jiahua Holdings Limited is headquartered in Central, Hong Kong. Changhong Jiahua Holdings Limited is a subsidiary of Sichuan Changhong Electronic Co., Limited.

Details
Name: Changhong Jiahua Holdings Limited
8016
Exchange: SEHK
Founded:
HK$1,439,491,200
2,570,520,000
Website: http://www.changhongit.com.hk
Address: Changhong Jiahua Holdings Limited
West Tower,
14th Floor, Unit 1412,
Central,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8016 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 24. Jan 2000
Number of employees
Current staff
Staff numbers
1,038
Changhong Jiahua Holdings employees.
Industry
Technology Distributors
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/16 13:01
End of day share price update: 2019/07/16 00:00
Last estimates confirmation: 2019/03/25
Last earnings filing: 2019/04/30
Last earnings reported: 2019/03/31
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.