1308

SITC International HoldingsSEHK:1308 Stock Report

Market Cap

HK$88.5b

7D

-2.4%

1Y

205.0%

Updated

22 Sep, 2021

Data

Company Financials +
1308 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance6/6
Financial Health6/6
Dividends4/6

1308 Overview

SITC International Holdings Company Limited, a shipping logistics company, provides integrated transportation and logistics solutions in Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally.

SITC International Holdings Competitors

United Parcel Service

NYSE:UPS

US$161.4b

Deutsche Post

XTRA:DPW

€70.5b

DSV

CPSE:DSV

kr.393.5b

FedEx

NYSE:FDX

US$60.9b

Price History & Performance

Summary of all time highs, changes and price drops for SITC International Holdings
Historical stock prices
Current Share PriceHK$33.00
52 Week HighHK$10.48
52 Week LowHK$35.10
Beta1.03
1 Month Change1.85%
3 Month Change7.67%
1 Year Change204.99%
3 Year Change411.63%
5 Year Change612.74%
Change since IPO628.48%

Recent News & Updates

Aug 30
Investors Shouldn't Overlook SITC International Holdings' (HKG:1308) Impressive Returns On Capital

Investors Shouldn't Overlook SITC International Holdings' (HKG:1308) Impressive Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...

Aug 18
SITC International Holdings' (HKG:1308) Upcoming Dividend Will Be Larger Than Last Year's

SITC International Holdings' (HKG:1308) Upcoming Dividend Will Be Larger Than Last Year's

SITC International Holdings Company Limited ( HKG:1308 ) has announced that it will be increasing its dividend on the...

Aug 10
With EPS Growth And More, SITC International Holdings (HKG:1308) Is Interesting

With EPS Growth And More, SITC International Holdings (HKG:1308) Is Interesting

It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...

Shareholder Returns

1308HK ShippingHK Market
7D-2.4%-3.2%-3.4%
1Y205.0%327.3%5.6%

Return vs Industry: 1308 underperformed the Hong Kong Shipping industry which returned 335.4% over the past year.

Return vs Market: 1308 exceeded the Hong Kong Market which returned 5.6% over the past year.

Price Volatility

Is 1308's price volatile compared to industry and market?
1308 volatility
1308 Beta1.03
Industry Beta1.68
Market Beta1

Stable Share Price: 1308 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 1308's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19911,765Xianxiang Yanghttps://www.sitc.com

SITC International Holdings Company Limited, a shipping logistics company, provides integrated transportation and logistics solutions in Mainland China, Hong Kong, Taiwan, Japan, Southeast Asia, and internationally. It operates in two segments, Container Shipping and Logistics; and Dry Bulk and Others. The Container Shipping and Logistics segment offers container transportation, freight forwarding, shipping agency, depot and warehousing, etc. The Dry Bulk and Others segment provides dry bulk vessel and land leasing, as well as air freight forwarding services.

SITC International Holdings Fundamentals Summary

How do SITC International Holdings's earnings and revenue compare to its market cap?
1308 fundamental statistics
Market CapUS$11.37b
Earnings (TTM)US$718.60m
Revenue (TTM)US$2.28b

15.8x

P/E Ratio

5.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1308 income statement (TTM)
RevenueUS$2.28b
Cost of RevenueUS$1.43b
Gross ProfitUS$843.73m
ExpensesUS$125.12m
EarningsUS$718.60m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.27
Gross Margin37.06%
Net Profit Margin31.57%
Debt/Equity Ratio24.9%

How did 1308 perform over the long term?

See historical performance and comparison

Dividends

4.8%

Current Dividend Yield

76%

Payout Ratio

Valuation

Is SITC International Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1308 (HK$33) is trading below our estimate of fair value (HK$139)

Significantly Below Fair Value: 1308 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1308 is poor value based on its PE Ratio (15.8x) compared to the Hong Kong Shipping industry average (11.8x).

PE vs Market: 1308 is poor value based on its PE Ratio (15.8x) compared to the Hong Kong market (9.8x).


Price to Earnings Growth Ratio

PEG Ratio: 1308 is good value based on its PEG Ratio (1x)


Price to Book Ratio

PB vs Industry: 1308 is overvalued based on its PB Ratio (7.7x) compared to the HK Shipping industry average (1.7x).


Future Growth

How is SITC International Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

16.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1308's forecast earnings growth (16.6% per year) is above the savings rate (1.5%).

Earnings vs Market: 1308's earnings (16.6% per year) are forecast to grow slower than the Hong Kong market (17.1% per year).

High Growth Earnings: 1308's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1308's revenue (10.7% per year) is forecast to grow slower than the Hong Kong market (12.3% per year).

High Growth Revenue: 1308's revenue (10.7% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1308's Return on Equity is forecast to be very high in 3 years time (51.4%).


Past Performance

How has SITC International Holdings performed over the past 5 years?

29.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1308 has high quality earnings.

Growing Profit Margin: 1308's current net profit margins (31.6%) are higher than last year (14.9%).


Past Earnings Growth Analysis

Earnings Trend: 1308's earnings have grown significantly by 29.3% per year over the past 5 years.

Accelerating Growth: 1308's earnings growth over the past year (211.6%) exceeds its 5-year average (29.3% per year).

Earnings vs Industry: 1308 earnings growth over the past year (211.6%) exceeded the Shipping industry 119.1%.


Return on Equity

High ROE: 1308's Return on Equity (48.4%) is considered outstanding.


Financial Health

How is SITC International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1308's short term assets ($920.1M) exceed its short term liabilities ($434.9M).

Long Term Liabilities: 1308's short term assets ($920.1M) exceed its long term liabilities ($451.3M).


Debt to Equity History and Analysis

Debt Level: 1308's debt to equity ratio (24.9%) is considered satisfactory.

Reducing Debt: 1308's debt to equity ratio has reduced from 48.1% to 24.9% over the past 5 years.

Debt Coverage: 1308's debt is well covered by operating cash flow (233.9%).

Interest Coverage: 1308's interest payments on its debt are well covered by EBIT (90.2x coverage).


Balance Sheet


Dividend

What is SITC International Holdings's current dividend yield, its reliability and sustainability?

4.85%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1308's dividend (4.85%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.29%).

High Dividend: 1308's dividend (4.85%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.87%).


Stability and Growth of Payments

Stable Dividend: 1308's dividend payments have been volatile in the past 10 years.

Growing Dividend: 1308's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (76.4%), 1308's payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 1308's dividends in 3 years are forecast to be covered by earnings (80.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

11.4yrs

Average management tenure


CEO

Xianxiang Yang (54 yo)

13.67yrs

Tenure

US$1,616,000

Compensation

Mr. Xianxiang Yang serves as Independent Non-Executive Director at JS Global Lifestyle Company Limited since October 11, 2019. Mr. Yang has been the Chief Executive Officer of SITC International Holdings C...


CEO Compensation Analysis

Compensation vs Market: Xianxiang's total compensation ($USD1.62M) is above average for companies of similar size in the Hong Kong market ($USD1.02M).

Compensation vs Earnings: Xianxiang's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 1308's management team is seasoned and experienced (11.4 years average tenure).


Board Members

Experienced Board: 1308's board of directors are considered experienced (8.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 1308 insiders have only sold shares 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

SITC International Holdings Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: SITC International Holdings Company Limited
  • Ticker: 1308
  • Exchange: SEHK
  • Founded: 1991
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: HK$88.511b
  • Shares outstanding: 2.68b
  • Website: https://www.sitc.com

Number of Employees


Location

  • SITC International Holdings Company Limited
  • World Trade Centre
  • 21st Floor
  • Causeway Bay
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/22 10:02
End of Day Share Price2021/09/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.