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137

Jinhui HoldingsSEHK:137 Stock Report

Market Cap

HK$763.6m

7D

0.7%

1Y

154.4%

Updated

18 Oct, 2021

Data

Company Financials
137 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

137 Overview

Jinhui Holdings Company Limited, an investment holding company, engages in ship chartering and owning activities in worldwide.

Price History & Performance

Summary of all time highs, changes and price drops for Jinhui Holdings
Historical stock prices
Current Share PriceHK$1.45
52 Week HighHK$0.47
52 Week LowHK$1.55
Beta0.18
1 Month Change-2.69%
3 Month Change19.84%
1 Year Change154.39%
3 Year Change46.47%
5 Year Change57.61%
Change since IPO5.07%

Recent News & Updates

Apr 25
Does Jinhui Holdings (HKG:137) Have A Healthy Balance Sheet?

Does Jinhui Holdings (HKG:137) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Mar 21
Have Insiders Been Buying Jinhui Holdings Company Limited (HKG:137) Shares?

Have Insiders Been Buying Jinhui Holdings Company Limited (HKG:137) Shares?

We often see insiders buying up shares in companies that perform well over the long term. Unfortunately, there are also...

Shareholder Returns

137HK ShippingHK Market
7D0.7%-10.2%1.1%
1Y154.4%171.7%5.3%

Return vs Industry: 137 underperformed the Hong Kong Shipping industry which returned 171.7% over the past year.

Return vs Market: 137 exceeded the Hong Kong Market which returned 5.3% over the past year.

Price Volatility

Is 137's price volatile compared to industry and market?
137 volatility
137 Beta0.18
Industry Beta1.74
Market Beta1

Stable Share Price: 137 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: 137's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991462Thomas Nghttps://www.jinhuiship.com/jh

Jinhui Holdings Company Limited, an investment holding company, engages in ship chartering and owning activities in worldwide. The company provides fleet services for cargoes, such as minerals, coal, steel products, and cement. It also offers ship management and shipping agent services.

Jinhui Holdings Fundamentals Summary

How do Jinhui Holdings's earnings and revenue compare to its market cap?
137 fundamental statistics
Market CapHK$763.62m
Earnings (TTM)HK$427.25m
Revenue (TTM)HK$627.18m

1.8x

P/E Ratio

1.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
137 income statement (TTM)
RevenueHK$627.18m
Cost of RevenueHK$327.60m
Gross ProfitHK$299.58m
Expenses-HK$127.67m
EarningsHK$427.25m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.81
Gross Margin47.77%
Net Profit Margin68.12%
Debt/Equity Ratio34.1%

How did 137 perform over the long term?

See historical performance and comparison

Valuation

Is Jinhui 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: 137 (HK$1.45) is trading below our estimate of fair value (HK$64.3)

Significantly Below Fair Value: 137 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 137 is good value based on its PE Ratio (1.8x) compared to the Hong Kong Shipping industry average (9.4x).

PE vs Market: 137 is good value based on its PE Ratio (1.8x) compared to the Hong Kong market (9.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 137's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 137 is good value based on its PB Ratio (0.5x) compared to the HK Shipping industry average (1.5x).


Future Growth

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

-19.9%

Forecasted Transportation 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 Jinhui 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.


Past Performance

How has Jinhui Holdings performed over the past 5 years?

80.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 137 has a large one-off gain of HK$567.8M impacting its June 30 2021 financial results.

Growing Profit Margin: 137 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 137 has become profitable over the past 5 years, growing earnings by 80.6% per year.

Accelerating Growth: 137 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 137 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Shipping industry (119.1%).


Return on Equity

High ROE: 137's Return on Equity (28.5%) is considered high.


Financial Health

How is Jinhui Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 137's short term assets (HK$1.0B) exceed its short term liabilities (HK$728.4M).

Long Term Liabilities: 137's short term assets (HK$1.0B) exceed its long term liabilities (HK$360.7M).


Debt to Equity History and Analysis

Debt Level: 137's debt to equity ratio (34.1%) is considered satisfactory.

Reducing Debt: 137's debt to equity ratio has reduced from 73% to 34.1% over the past 5 years.

Debt Coverage: 137's debt is well covered by operating cash flow (42.8%).

Interest Coverage: 137 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 137's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 137'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 137's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 137's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 137'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?

28.8yrs

Average board tenure


CEO

Thomas Ng (58 yo)

no data

Tenure

HK$29,178,000

Compensation

Mr. Kam Wah Ng, also known as Thomas, co-founded Jinhui Shipping & Transportation Ltd. in 1987 and has been its an Executive Director since 1994. Mr. Ng has been an Executive Director of Jinhui Holdings Co...


CEO Compensation Analysis

Compensation vs Market: Thomas's total compensation ($USD3.75M) is above average for companies of similar size in the Hong Kong market ($USD230.47K).

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


Board Members

Experienced Board: 137's board of directors are seasoned and experienced ( 28.8 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

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


Key Information

  • Name: Jinhui Holdings Company Limited
  • Ticker: 137
  • Exchange: SEHK
  • Founded: 1991
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: HK$763.617m
  • Shares outstanding: 530.29m
  • Website: https://www.jinhuiship.com/jh

Number of Employees


Location

  • Jinhui Holdings Company Limited
  • Yardley Commercial Building
  • 26th Floor
  • Hong Kong
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/18 10:03
End of Day Share Price2021/10/18 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.