SEHK:3683

Stock Analysis Report

Great Harvest Maeta Group Holdings

Executive Summary

Great Harvest Maeta Group Holdings Limited, an investment holding company, charters out own dry bulk vessels worldwide.

Snowflake

Fundamentals

Acceptable track record with weak fundamentals.

Risks

  • Great Harvest Maeta Group Holdings is not covered by any analysts.

Share Price & News

How has Great Harvest Maeta Group Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

1.2%

SEHK:3683

2.4%

HK Shipping

0.8%

HK Market


1 Year Return

-30.8%

SEHK:3683

-11.4%

HK Shipping

-4.4%

HK Market

3683 underperformed the Shipping industry which returned -11.4% over the past year.

3683 underperformed the Market in Hong Kong which returned -4.4% over the past year.


Share holder returns

3683IndustryMarket
7 Day1.2%2.4%0.8%
30 Day-11.4%2.2%1.5%
90 Day-11.8%-12.1%-7.4%
1 Year-30.8%-30.8%-9.8%-11.4%-1.0%-4.4%
3 Year13.1%13.1%13.3%9.2%30.8%17.7%
5 Year42.6%42.6%-9.8%-16.4%22.0%1.6%

Price Volatility Vs. Market

How volatile is Great Harvest Maeta Group Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Great Harvest Maeta Group Holdings undervalued based on future cash flows and its price relative to the stock market?

19.61x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Great Harvest Maeta Group Holdings's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Great Harvest Maeta Group Holdings's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Great Harvest Maeta Group Holdings is overvalued based on earnings compared to the HK Shipping industry average.

Great Harvest Maeta Group Holdings is overvalued based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Great Harvest Maeta Group Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Great Harvest Maeta Group Holdings is overvalued based on assets compared to the HK Shipping industry average.


Next Steps

Future Growth

How is Great Harvest Maeta Group Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.4%

Forecasted Shipping 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 Great Harvest Maeta Group 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 Great Harvest Maeta Group Holdings performed over the past 5 years?

32.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Great Harvest Maeta Group Holdings has delivered over 20% year on year earnings growth in the past 5 years.

Great Harvest Maeta Group Holdings has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Great Harvest Maeta Group Holdings has become profitable in the last year making it difficult to compare the HK Shipping industry average.


Return on Equity

Whilst Great Harvest Maeta Group Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.


Return on Assets

Great Harvest Maeta Group Holdings used its assets more efficiently than the HK Shipping industry average last year based on Return on Assets.


Return on Capital Employed

Great Harvest Maeta Group Holdings has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).


Next Steps

Financial Health

How is Great Harvest Maeta Group Holdings's financial position?


Financial Position Analysis

Great Harvest Maeta Group Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.

Great Harvest Maeta Group Holdings's long term commitments exceed its cash and other short term assets.


Debt to Equity History and Analysis

Great Harvest Maeta Group Holdings's level of debt (201.6%) compared to net worth is high (greater than 40%).

The level of debt compared to net worth has increased over the past 5 years (55.4% vs 201.6% today).

Debt is not well covered by operating cash flow (9.5%, less than 20% of total debt).

Interest payments on debt are not well covered by earnings (EBIT is 0.5x annual interest expense, ideally 3x coverage).


Balance Sheet

High level of physical assets or inventory.

Debt is not covered by short term assets, assets are 0.1x debt.


Next Steps

Dividend

What is Great Harvest Maeta Group Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Great Harvest Maeta Group Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Great Harvest Maeta Group Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Great Harvest Maeta Group Holdings has not reported any payouts.

Unable to verify if Great Harvest Maeta Group Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Great Harvest Maeta Group Holdings has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Great Harvest Maeta Group Holdings's salary, the management and board of directors tenure and is there insider trading?

8.8yrs

Average board tenure


CEO

Linda Lam (51yo)

US$210,000

Compensation

Ms. Kwan Lam, also known as Linda, is a Co-Founder of Great Harvest Maeta Group Holdings Limited and serves as its Chief Executive Officer and Executive Director. Ms. Kwan is employed at Great Harvest (Hol ...


CEO Compensation Analysis

Linda's remuneration is about average for companies of similar size in Hong Kong.

Linda's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

8.8yrs

Average Tenure

61.5yo

Average Age

The tenure for the Great Harvest Maeta Group Holdings board of directors is about average.


Insider Trading

No 3 month individual insider trading information.


Recent Insider Transactions

BuyHK$1,763,58311 Dec 18
Ablaze Rich Investments Limtied
EntityCompany
Shares892,500
Max PriceHK$1.98
BuyHK$2,436,25411 Dec 18
Ablaze Rich Investments Limtied
EntityCompany
Shares1,250,000
Max PriceHK$1.95
BuyHK$1,812,36107 Dec 18
Ablaze Rich Investments Limtied
EntityCompany
Shares880,000
Max PriceHK$2.06
BuyHK$732,36506 Dec 18
Ablaze Rich Investments Limtied
EntityCompany
Shares345,000
Max PriceHK$2.12
BuyHK$4,899,99530 Oct 18
Ablaze Rich Investments Limtied
EntityCompany
Shares2,500,000
Max PriceHK$1.96
BuyHK$387,00029 Oct 18
Ablaze Rich Investments Limtied
EntityCompany
Shares200,000
Max PriceHK$1.94
BuyHK$370,50024 Oct 18
Ablaze Rich Investments Limtied
EntityCompany
Shares190,000
Max PriceHK$1.95
BuyHK$452,37522 Oct 18
Ablaze Rich Investments Limtied
EntityCompany
Shares232,500
Max PriceHK$1.95
BuyHK$205,80022 Oct 18
Ablaze Rich Investments Limtied
EntityCompany
Shares105,000
Max PriceHK$1.96
BuyHK$9,90018 Oct 18
Ablaze Rich Investments Limtied
EntityCompany
Shares5,000
Max PriceHK$1.98
BuyHK$70,39912 Oct 18
Ablaze Rich Investments Limtied
EntityCompany
Shares35,000
Max PriceHK$2.01
BuyHK$1,928,63910 Oct 18
Ablaze Rich Investments Limtied
EntityCompany
Shares960,000
Max PriceHK$2.01
BuyHK$820,05309 Oct 18
Ablaze Rich Investments Limtied
EntityCompany
Shares407,500
Max PriceHK$2.01
BuyHK$1,093,70608 Oct 18
Ablaze Rich Investments Limtied
EntityCompany
Shares537,500
Max PriceHK$2.03
BuyHK$924,84905 Oct 18
Ablaze Rich Investments Limtied
EntityCompany
Shares447,500
Max PriceHK$2.07
BuyHK$1,375,20303 Oct 18
Ablaze Rich Investments Limtied
EntityCompany
Shares650,000
Max PriceHK$2.12
SellHK$193,37527 Sep 18
Jiancheng Cao
EntityIndividual
Role
Executive Director
Member of the Board of Directors
Shares87,500
Max PriceHK$2.21
SellHK$913,68724 Sep 18
Jiancheng Cao
EntityIndividual
Role
Executive Director
Member of the Board of Directors
Shares412,500
Max PriceHK$2.21
SellHK$285,14012 Sep 18
Jiancheng Cao
EntityIndividual
Role
Executive Director
Member of the Board of Directors
Shares132,500
Max PriceHK$2.15
SellHK$171,20012 Sep 18
Jiancheng Cao
EntityIndividual
Role
Executive Director
Member of the Board of Directors
Shares80,000
Max PriceHK$2.14
BuyHK$5,878,80512 Sep 18
Ablaze Rich Investments Limtied
EntityCompany
Shares2,760,000
Max PriceHK$2.13
SellHK$5,50007 Sep 18
Jiancheng Cao
EntityIndividual
Role
Executive Director
Member of the Board of Directors
Shares2,500
Max PriceHK$2.20
SellHK$324,00007 Sep 18
Jiancheng Cao
EntityIndividual
Role
Executive Director
Member of the Board of Directors
Shares150,000
Max PriceHK$2.16
SellHK$245,25007 Sep 18
Jiancheng Cao
EntityIndividual
Role
Executive Director
Member of the Board of Directors
Shares112,500
Max PriceHK$2.18
BuyHK$7,954,99329 Aug 18
Ablaze Rich Investments Limtied
EntityCompany
Shares3,700,000
Max PriceHK$2.15
BuyHK$1,085,00024 Aug 18
Ablaze Rich Investments Limtied
EntityCompany
Shares500,000
Max PriceHK$2.17
BuyHK$341,79224 Aug 18
Ablaze Rich Investments Limtied
EntityCompany
Shares160,000
Max PriceHK$2.14
BuyHK$217,00022 Aug 18
Ablaze Rich Investments Limtied
EntityCompany
Shares100,000
Max PriceHK$2.17
SellHK$1,049,58721 Aug 18
Jiancheng Cao
EntityIndividual
Role
Executive Director
Member of the Board of Directors
Shares487,500
Max PriceHK$2.15
BuyHK$1,055,82821 Aug 18
Ablaze Rich Investments Limtied
EntityCompany
Shares487,500
Max PriceHK$2.17
SellHK$27,62517 Aug 18
Jiancheng Cao
EntityIndividual
Role
Executive Director
Member of the Board of Directors
Shares12,500
Max PriceHK$2.21
BuyHK$221,00017 Aug 18
Jiancheng Cao
EntityIndividual
Role
Executive Director
Member of the Board of Directors
Shares100,000
Max PriceHK$2.21
BuyHK$33,00014 Aug 18
Ablaze Rich Investments Limtied
EntityCompany
Shares15,000
Max PriceHK$2.20
SellHK$352,00010 Aug 18
Jiancheng Cao
EntityIndividual
Role
Executive Director
Member of the Board of Directors
Shares160,000
Max PriceHK$2.20
BuyHK$876,99810 Aug 18
Ablaze Rich Investments Limtied
EntityCompany
Shares400,000
Max PriceHK$2.19
BuyHK$889,99809 Aug 18
Ablaze Rich Investments Limtied
EntityCompany
Shares400,000
Max PriceHK$2.22
BuyHK$675,00008 Aug 18
Ablaze Rich Investments Limtied
EntityCompany
Shares300,000
Max PriceHK$2.25
SellHK$103,50007 Aug 18
Jiancheng Cao
EntityIndividual
Role
Executive Director
Member of the Board of Directors
Shares45,000
Max PriceHK$2.30
BuyHK$916,00106 Aug 18
Ablaze Rich Investments Limtied
EntityCompany
Shares400,000
Max PriceHK$2.29
SellHK$451,03503 Aug 18
Jiancheng Cao
EntityIndividual
Role
Executive Director
Member of the Board of Directors
Shares195,000
Max PriceHK$2.31
BuyHK$1,153,00202 Aug 18
Ablaze Rich Investments Limtied
EntityCompany
Shares500,000
Max PriceHK$2.31
BuyHK$2,573,99830 Jul 18
Ablaze Rich Investments Limtied
EntityCompany
Shares1,100,000
Max PriceHK$2.34
BuyHK$234,00026 Jul 18
Ablaze Rich Investments Limtied
EntityCompany
Shares100,000
Max PriceHK$2.34
BuyHK$1,120,17725 Jul 18
Ablaze Rich Investments Limtied
EntityCompany
Shares480,000
Max PriceHK$2.33
SellHK$653,24125 Jul 18
Jiancheng Cao
EntityIndividual
Role
Executive Director
Member of the Board of Directors
Shares280,000
Max PriceHK$2.33
BuyHK$702,00023 Jul 18
Ablaze Rich Investments Limtied
EntityCompany
Shares300,000
Max PriceHK$2.34

Ownership Breakdown


Management Team

  • Linda Lam (51yo)

    Co-Founder

    • Compensation: $210.00k
  • Kim Yan (57yo)

    Co-Founder & Chairman

    • Compensation: $252.00k
  • Jiancheng Cao (62yo)

    Executive Director

    • Compensation: $167.00k
  • Henry Wong (45yo)

    CFO & Company Secretary

    • Tenure: 0.5yrs

Board Members

  • Kwok Wai (64yo)

    Independent Non-Executive Director

    • Tenure: 8.8yrs
    • Compensation: $13.00k
  • Anthony Cheung (67yo)

    Independent Non-Executive Director

    • Tenure: 8.8yrs
    • Compensation: $19.00k
  • Bunny Chan (61yo)

    Independent Non-Executive Director

    • Tenure: 8.8yrs
    • Compensation: $19.00k
  • Linda Lam (51yo)

    Co-Founder

    • Compensation: $210.00k
  • Kim Yan (57yo)

    Co-Founder & Chairman

    • Compensation: $252.00k
  • Jiancheng Cao (62yo)

    Executive Director

    • Tenure: 9.1yrs
    • Compensation: $167.00k

Company Information

Great Harvest Maeta Group Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Great Harvest Maeta Group Holdings Limited
  • Ticker: 3683
  • Exchange: SEHK
  • Founded: 2010
  • Industry: marine
  • Sector: transportation
  • Market Cap: HK$1.562b
  • Shares outstanding: 952.51m
  • Website: Click here

Number of Employees


Location

  • Great Harvest Maeta Group Holdings Limited
  • The Sun's Group Centre
  • 12th Floor
  • Wanchai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3683SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2010

Biography

Great Harvest Maeta Group Holdings Limited, an investment holding company, charters out own dry bulk vessels worldwide. It operates through Chartering of Vessels, and Property Investment and Development se ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/07/20 12:58
End of Day Share Price2019/07/19 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.