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Xinghua Port Holdings

SEHK:1990
Snowflake Description

Unattractive dividend payer and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1990
SEHK
HK$733M
Market Cap
  1. Home
  2. HK
  3. Transportation
Company description

Xinghua Port Holdings Ltd., an investment holding company, owns and operates two multi-purpose ports in China. The last earnings update was 36 days ago. More info.


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1990 Share Price and Events
7 Day Returns
-2.2%
SEHK:1990
-0.9%
HK Infrastructure
-1.3%
HK Market
1 Year Returns
-25%
SEHK:1990
-4.7%
HK Infrastructure
-5.7%
HK Market
1990 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Xinghua Port Holdings (1990) -2.2% 0% 0% -25% - -
HK Infrastructure -0.9% -0.3% 4.7% -4.7% -2.8% -0.4%
HK Market -1.3% 3.2% 9.8% -5.7% 27% 20.8%
1 Year Return vs Industry and Market
  • 1990 underperformed the Infrastructure industry which returned -4.7% over the past year.
  • 1990 underperformed the Market in Hong Kong which returned -5.7% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Xinghua Port 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
Here we compare the current share price of Xinghua Port Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Xinghua Port Holdings.

SEHK:1990 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 11%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:1990
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6%
Infrastructure Unlevered Beta Simply Wall St/ S&P Global 0.99
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.991 (1 + (1- 17%) (92.22%))
1.503
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.5
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (1.503 * 5.96%)
10.96%

Discounted Cash Flow Calculation for SEHK:1990 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Xinghua Port Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:1990 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 10.96%)
2019 37.52 Est @ -24.7% 33.81
2020 31.26 Est @ -16.69% 25.39
2021 27.79 Est @ -11.08% 20.35
2022 25.81 Est @ -7.16% 17.02
2023 24.67 Est @ -4.41% 14.67
2024 24.05 Est @ -2.48% 12.89
2025 23.78 Est @ -1.14% 11.48
2026 23.73 Est @ -0.2% 10.33
2027 23.84 Est @ 0.46% 9.35
2028 24.07 Est @ 0.93% 8.51
Present value of next 10 years cash flows CN¥163.80
SEHK:1990 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= CN¥24.07 × (1 + 2%) ÷ (10.96% – 2%)
CN¥274.09
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥274.09 ÷ (1 + 10.96%)10
CN¥96.89
SEHK:1990 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥163.80 + CN¥96.89
CN¥260.69
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥260.69 / 814.41
CN¥0.32
SEHK:1990 Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:1990)
1.167
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥0.32 x 1.167
HK$0.37
Value per share (HKD) From above. HK$0.37
Current discount Discount to share price of HK$0.90
= -1 x (HK$0.90 - HK$0.37) / HK$0.37
-141%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Xinghua Port Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Xinghua Port Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Xinghua Port Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1990 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥0.06
SEHK:1990 Share Price ** SEHK (2019-04-25) in HKD HK$0.9
SEHK:1990 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.857 CN¥0.77
Hong Kong Infrastructure Industry PE Ratio Median Figure of 24 Publicly-Listed Infrastructure Companies 10.01x
Hong Kong Market PE Ratio Median Figure of 1,476 Publicly-Listed Companies 12.09x

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

** Primary Listing of Xinghua Port Holdings.

SEHK:1990 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1990 Share Price ÷ EPS (both in CNY)

= 0.77 ÷ 0.06

12.4x

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

  • Xinghua Port Holdings is overvalued based on earnings compared to the HK Infrastructure industry average.
  • Xinghua Port Holdings is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Xinghua Port Holdings's expected growth come at a high price?
Raw Data
SEHK:1990 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 12.4x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
11.1%per year
Hong Kong Infrastructure Industry PEG Ratio Median Figure of 12 Publicly-Listed Infrastructure Companies 1.15x
Hong Kong Market PEG Ratio Median Figure of 465 Publicly-Listed Companies 0.86x

*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 Xinghua Port Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Xinghua Port Holdings's assets?
Raw Data
SEHK:1990 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥0.99
SEHK:1990 Share Price * SEHK (2019-04-25) in HKD HK$0.9
SEHK:1990 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.857 CN¥0.77
Hong Kong Infrastructure Industry PB Ratio Median Figure of 28 Publicly-Listed Infrastructure Companies 0.82x
Hong Kong Market PB Ratio Median Figure of 2,150 Publicly-Listed Companies 1.02x
SEHK:1990 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1990 Share Price ÷ Book Value per Share (both in CNY)

= 0.77 ÷ 0.99

0.78x

* Primary Listing of Xinghua Port Holdings.

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

  • Xinghua Port Holdings is good value based on assets compared to the HK Infrastructure industry average.
X
Value checks
We assess Xinghua Port 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 Infrastructure 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 Infrastructure industry average (and greater than 0)? (1 check)
  5. Xinghua Port Holdings has a total score of 1/6, 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.

Future Performance

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

  • No analysts cover Xinghua Port 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
11.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Xinghua Port Holdings expected to grow at an attractive rate?
  • Xinghua Port Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Xinghua Port Holdings's earnings growth is positive but not above the Hong Kong market average.
  • Unable to compare Xinghua Port Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1990 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:1990 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 11.1%
Hong Kong Infrastructure Industry Earnings Growth Rate Market Cap Weighted Average 3.5%
Hong Kong Infrastructure Industry Revenue Growth Rate Market Cap Weighted Average 4.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.9%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 11.2%

*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:1990 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 CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1990 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 404 82 51
2018-09-30 433 85 55
2018-06-30 462 87 60
2018-03-31 473 108 65
2017-12-31 481 138 71
2017-09-30 473 151 77
2017-06-30 465 163 83
2017-03-31 457 87
2016-12-31 445 149 84

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Xinghua Port Holdings's earnings are expected to grow by 11.1% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Xinghua Port 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:1990 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 Xinghua Port Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1990 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 0.06
2018-09-30 0.07
2018-06-30 0.08
2018-03-31 0.08
2017-12-31 0.09
2017-09-30 0.10
2017-06-30
2017-03-31
2016-12-31 0.11

*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 Xinghua Port Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Xinghua Port 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.
Xinghua Port Holdings has a total score of 1/6, 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.

Past Performance

  How has Xinghua Port 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 Xinghua Port Holdings's growth in the last year to its industry (Infrastructure).
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.
  • Xinghua Port Holdings's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Xinghua Port Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Xinghua Port Holdings's 1-year earnings growth is negative, it can't be compared to the HK Infrastructure industry average.
Earnings and Revenue History
Xinghua Port 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 Xinghua Port Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1990 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 404.02 50.66
2018-09-30 433.01 55.22
2018-06-30 462.00 59.77
2018-03-31 473.44 64.52
2017-12-31 481.24 70.77
2017-09-30 473.09 76.88
2017-06-30 464.94 83.00
2017-03-31 456.94 86.85
2016-12-31 444.51 84.13
2015-12-31 441.75 74.05
2014-12-31 394.61 59.75

*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.
  • Xinghua Port Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Xinghua Port Holdings used its assets less efficiently than the HK Infrastructure industry average last year based on Return on Assets.
  • Xinghua Port Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Xinghua Port 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 Infrastructure 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.
Xinghua Port Holdings has a total score of 0/6, 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.

Health

 How is Xinghua Port 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 Xinghua Port Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Xinghua Port Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Xinghua Port Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Xinghua Port 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 not covered by short term assets, assets are 0.4x 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 Xinghua Port Holdings Company Filings, last reported 3 months ago.

SEHK:1990 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 889.55 579.38 105.07
2018-09-30 889.55 579.38 105.07
2018-06-30 895.66 629.38 153.28
2018-03-31 895.66 629.38 153.28
2017-12-31 828.40 624.38 87.80
2017-09-30 828.40 624.38 87.80
2017-06-30 282.85 644.38 48.89
2017-03-31 263.98 721.38 84.02
2016-12-31 253.69 729.38 66.00
2015-12-31 176.78 797.00 20.54
2014-12-31 78.10 895.63 54.59
  • Xinghua Port Holdings's level of debt (65.1%) compared to net worth is high (greater than 40%).
  • Unable to establish if Xinghua Port Holdings's debt level has increased without past 5-year debt data.
  • Debt is not well covered by operating cash flow (14.2%, less than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.7x coverage).
X
Financial health checks
We assess Xinghua Port 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. Xinghua Port Holdings has a total score of 1/6, 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.

Dividends

 What is Xinghua Port 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%
Current annual income from Xinghua Port Holdings dividends.
If you bought HK$2,000 of Xinghua Port Holdings shares you are expected to receive HK$100 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?
  • Xinghua Port Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (1.97%).
  • Xinghua Port Holdings's dividend is below the markets top 25% of dividend payers in Hong Kong (5.39%).
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:1990 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 Infrastructure Industry Average Dividend Yield Market Cap Weighted Average of 22 Stocks 5%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 966 Stocks 3.4%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.1%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:1990 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-04-24 0.039 4.945
2018-04-27 0.036 4.535
2018-02-23 0.036 3.735

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

  • It is too early to tell whether Xinghua Port Holdings has stable dividend payments.
  • Xinghua Port Holdings only just started paying a dividend, it is too early to tell if payments are increasing.
Current Payout to shareholders
What portion of Xinghua Port Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x 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 Xinghua Port Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Xinghua Port Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Xinghua Port 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.

Management

 What is the CEO of Xinghua Port 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
Edward Kor
COMPENSATION CN¥0
AGE 58
TENURE AS CEO 1.8 years
CEO Bio

Mr. Tor Khoon Kor, also known as Edward is Chief Executive Officer and Executive Director of Xinghua Port Holdings Ltd. since July 26, 2017. Mr. Kor joined the Xinghua Port Holdings Ltd. in September 2000 and he was subsequently appointed as the He is also a director of all subsidiaries and associate companies within the Group including SCDC, CXP and CCIP. Mr. Kor oversees the day-to-day operations of the Group’s business. He is also responsible for implementing the Board’s decisions, monitoring and supervising the Group’s overall performance, ensuring that adequate capital and managerial resources are available to carry out business plans adopted from time to time and reporting to the Board on the Group’s performance. Mr. Kor, with nearly 20 years of experience in the port industry, joined CXP as its president and a director in September 2000. Mr. Kor started his first career as an accountant with Designers Fountain Inc in 1985. Thereafter, he spent about 12 years in the marine industry where he held senior management positions in Metalock (Singapore) Limited (now known as MTQ Corporation Limited), Sembawang Marine & Logistics Ltd, PT Gema Sembrown, Sembawang Corporation Ltd in postings to the Middle East and Indonesia, and Sonat Offshore Drilling Inc. Mr. Kor holds a Bachelor of Arts degree from Michigan State University, USA, and a Master of Business Administration with Distinction from the Polytechnic of East London (now known as University of East London), UK.

CEO Compensation
  • Insufficient data for Edward to compare compensation growth.
  • Edward's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Xinghua Port Holdings management team in years:

1.8
Average Tenure
55.5
Average Age
  • The average tenure for the Xinghua Port Holdings management team is less than 2 years, this suggests a new team.
Management Team

Patrick Ng

TITLE
Chairman
AGE
55

Edward Kor

TITLE
CEO & Executive Director
AGE
58
TENURE
1.8 yrs

Jane Kimberly Ng

TITLE
Executive Director
AGE
56

Keith Gan

TITLE
Group Financial Controller
AGE
55
TENURE
2 yrs

Weida Zhou

TITLE
Assistant General Manager of Operations Department
AGE
42
TENURE
6.2 yrs

Seaman Kwok

TITLE
Joint Company Secretary
AGE
59
TENURE
1.8 yrs

Form Cho

TITLE
Joint Company Secretary
TENURE
1.8 yrs
Board of Directors Tenure

Average tenure and age of the Xinghua Port Holdings board of directors in years:

1.7
Average Tenure
58
Average Age
  • The average tenure for the Xinghua Port Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Patrick Ng

TITLE
Chairman
AGE
55
TENURE
1.8 yrs

Edward Kor

TITLE
CEO & Executive Director
AGE
58
TENURE
1.8 yrs

Jane Kimberly Ng

TITLE
Executive Director
AGE
56
TENURE
1.8 yrs

Chian Khong Tan

TITLE
Independent Non-Executive Director
AGE
62
TENURE
1.3 yrs

Ee Soh

TITLE
Independent Non-executive Director
AGE
49
TENURE
1.3 yrs

Alan Chan

TITLE
Non-Executive Director
AGE
86
TENURE
1.8 yrs

Cheong Lee

TITLE
Non-Executive Director
AGE
71
TENURE
1.6 yrs

Yian Ting

TITLE
Independent Non-Executive Director
AGE
58
TENURE
1.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess Xinghua Port 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. Xinghua Port 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.

News

Simply Wall St News

Is Xinghua Port Holdings Ltd. (HKG:1990) A Financially Sound Company?

(HKG:1990) with its market cap of HK$733m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is. … Let's work through some financial health checks you may wish to consider if you're interested in this stock.

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A Close Look At Xinghua Port Holdings Ltd.’s (HKG:1990) 8.6% ROCE

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

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Introducing Xinghua Port Holdings (HKG:1990), The Stock That Dropped 22% In The Last Year

By comparing earnings per share (EPS) and share price changes over time, we can get a feel for how investor attitudes to a company have morphed over time. … Unhappily, Xinghua Port Holdings had to report a 21% decline in EPS over the last year. … Remarkably, he share price decline of 22% per year is particularly close to the EPS drop.

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What Percentage Of Xinghua Port Holdings Ltd. (HKG:1990) Shares Do Insiders Own?

A look at the shareholders of Xinghua Port Holdings Ltd. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … With a market capitalization of HK$717m, Xinghua Port Holdings is a small cap stock, so it might not be well known by many institutional investors.

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What Does Xinghua Port Holdings Ltd.'s (HKG:1990) P/E Ratio Tell You?

Xinghua Port Holdings has a price to earnings ratio of 9.57, based on the last twelve months. … Price to Earnings Ratio = Share Price (in reporting currency) ÷ Earnings per Share (EPS) … P/E of 9.57 = CN¥0.77 (Note: this is the share price in the reporting currency, namely, CNY ) ÷ CN¥0.081

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Should You Take Comfort From Insider Transactions At Xinghua Port Holdings Ltd. (HKG:1990)?

So before you buy or sell Xinghua Port Holdings Ltd. … See our latest analysis for Xinghua Port Holdings? … Xinghua Port Holdings Insider Transactions Over The Last Year.

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A Closer Look At Xinghua Port Holdings Ltd's (HKG:1990) Uninspiring ROE

Over the last twelve months Xinghua Port Holdings has recorded a ROE of 7.7%. … One way to conceptualize this, is that for each HK$1 of shareholders' equity it has, the company made HK$0.077 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Understanding Your Return On Investment In Xinghua Port Holdings Ltd (HKG:1990)

and want to better understand how you can grow your money by investing in Xinghua Port Holdings Ltd (HKG:1990). … To understand Xinghua Port Holdings’s capital returns we will look at a useful metric called return on capital employed. … Xinghua Port Holdings's Return On Capital Employed

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Should You Be Tempted To Sell Xinghua Port Holdings Ltd (HKG:1990) At Its Current PE Ratio?

Xinghua Port Holdings Ltd (HKG:1990) is trading with a trailing P/E of 9.2x, which is higher than the industry average of 8.9x. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind. … See our latest analysis for Xinghua Port Holdings

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Should Xinghua Port Holdings Ltd (HKG:1990) Be Part Of Your Portfolio?

In the past, Xinghua Port Holdings Ltd (HKG:1990) has returned an average of 4.00% per year to investors in the form of dividend payouts. … Let's take a look at Xinghua Port Holdings in more detail. … View out our latest analysis for Xinghua Port Holdings

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Company Info

Description

Xinghua Port Holdings Ltd., an investment holding company, owns and operates two multi-purpose ports in China. Its ports handles a range of cargo types, including pulp and paper cargo, steel cargo, logs, project equipment, containers, and other general cargo. The company’s ports have a total of 16 multi-purpose berths, 18 shore cranes, 2 quay cranes, 1 mobile harbour crane, and 21 warehouses and stack yards with a total area of approximately 782,403 square meters and a total berth length of approximately 2.57 kilometers. It also provides its port and logistics solutions in partnership with international and domestic shipping companies, cargo owners, and receivers. The company was formerly known as Xinghua Port Holdings Pte. Ltd. and changed its name to Xinghua Port Holdings Ltd. in October 2017. Xinghua Port Holdings Ltd. is headquartered in Singapore.

Details
Name: Xinghua Port Holdings Ltd.
1990
Exchange: SEHK
Founded:
HK$732,970,825
814,412,028
Website: http://www.xinghuaport.com
Address: Xinghua Port Holdings Ltd.
7 Temasek Boulevard,
No.16-01 Suntec Tower One,
Singapore,
038987,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1990 New Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 12. Feb 2018
Number of employees
Current staff
Staff numbers
491
Xinghua Port Holdings employees.
Industry
Marine Ports and Services
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 13:56
End of day share price update: 2019/04/25 00:00
Last earnings filing: 2019/03/20
Last earnings reported: 2018/12/31
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.