SEHK:306

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Kwoon Chung Bus Holdings

Executive Summary

Kwoon Chung Bus Holdings Limited, an investment holding company, provides bus and bus-related services in Hong Kong, Macau, and Mainland China. More Details


Snowflake Analysis

Overvalued with poor track record.

Share Price & News

How has Kwoon Chung Bus Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 306 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.4%

306

-1.1%

HK Transportation

-0.7%

HK Market


1 Year Return

-32.1%

306

-20.2%

HK Transportation

0.4%

HK Market

Return vs Industry: 306 underperformed the Hong Kong Transportation industry which returned -20.2% over the past year.

Return vs Market: 306 underperformed the Hong Kong Market which returned 0.4% over the past year.


Shareholder returns

306IndustryMarket
7 Day-1.4%-1.1%-0.7%
30 Day-6.5%-2.5%4.9%
90 Day-0.9%-0.8%1.2%
1 Year-32.1%-32.1%-17.8%-20.2%4.6%0.4%
3 Year-46.9%-52.6%-20.9%-27.1%-7.1%-17.2%
5 Year-28.8%-45.6%3.2%-15.1%15.0%-4.5%

Price Volatility Vs. Market

How volatile is Kwoon Chung Bus Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Kwoon Chung Bus Holdings undervalued compared to its fair value and its price relative to the market?

50.25x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 306's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 306's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 306 is poor value based on its PE Ratio (50.3x) compared to the XA Transportation industry average (15.2x).

PE vs Market: 306 is poor value based on its PE Ratio (50.3x) compared to the Hong Kong market (10.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 306's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 306 is good value based on its PB Ratio (0.5x) compared to the HK Transportation industry average (0.8x).


Next Steps

Future Growth

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

50.5%

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 Kwoon Chung Bus 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 Kwoon Chung Bus Holdings performed over the past 5 years?

-19.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 306 has high quality earnings.

Growing Profit Margin: 306's current net profit margins (0.8%) are lower than last year (8.5%).


Past Earnings Growth Analysis

Earnings Trend: 306's earnings have declined by 19.9% per year over the past 5 years.

Accelerating Growth: 306's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 306 had negative earnings growth (-92%) over the past year, making it difficult to compare to the Transportation industry average (-20.9%).


Return on Equity

High ROE: 306's Return on Equity (1%) is considered low.


Next Steps

Financial Health

How is Kwoon Chung Bus Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 306's short term assets (HK$887.6M) do not cover its short term liabilities (HK$1.8B).

Long Term Liabilities: 306's short term assets (HK$887.6M) do not cover its long term liabilities (HK$1.2B).


Debt to Equity History and Analysis

Debt Level: 306's debt to equity ratio (86.4%) is considered high.

Reducing Debt: 306's debt to equity ratio has increased from 79.2% to 86.4% over the past 5 years.

Debt Coverage: 306's debt is well covered by operating cash flow (25.1%).

Interest Coverage: 306's interest payments on its debt are not well covered by EBIT (0.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Kwoon Chung Bus Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 306's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 306'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 306's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 306's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 306 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 306'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?

6.4yrs

Average board tenure


CEO

James Wong (35 yo)

6.33yrs

Tenure

HK$2,735,000

Compensation

Mr. Cheuk On Wong, also known as James has been the Chief Executive Officer of Kwoon Chung Bus Holdings Limited since June 2, 2014. Mr. Wong served as an Assistant to the Managing Director of Kwoon Chung B ...


CEO Compensation Analysis

Compensation vs Market: James's total compensation ($USD352.90K) is above average for companies of similar size in the Hong Kong market ($USD232.26K).

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


Board Members

NamePositionTenureCompensationOwnership
Cheuk On Wong
CEO & Executive Director6.33yrsHK$2.74m0.75%
HK$ 7.7m
Man Po Lo
CFO & Executive Director6.42yrsHK$2.88m0.48%
HK$ 5.0m
Bing Woon Chan
Independent Non-Executive Director24.75yrsHK$380.00kno data
Leung Pak Wong
Chairman6.33yrsHK$5.24m50.79%
HK$ 523.0m
Fong Kong Chan
Independent Non-Executive Director4yrsHK$285.00kno data
James Mathew Fong
Independent Non-Executive Director4.25yrsHK$285.00kno data

6.4yrs

Average Tenure

44yo

Average Age

Experienced Board: 306's board of directors are considered experienced (6.4 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

Kwoon Chung Bus Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kwoon Chung Bus Holdings Limited
  • Ticker: 306
  • Exchange: SEHK
  • Founded: 1948
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: HK$1.030b
  • Shares outstanding: 476.78m
  • Website: https://www.kcbh.com.hk

Number of Employees


Location

  • Kwoon Chung Bus Holdings Limited
  • 8 Chong Fu Road
  • 3rd Floor
  • Chai Wan
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
306SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDSep 1996

Biography

Kwoon Chung Bus Holdings Limited, an investment holding company, provides bus and bus-related services in Hong Kong, Macau, and Mainland China. It operates through five segments: Non-Franchised Bus, Local ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/29 12:51
End of Day Share Price2020/10/28 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.