SEHK:3683

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Great Harvest Maeta Group Holdings

Executive Summary

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

Risk Analysis

No risks detected for 3683 from our risk checks.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

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

Stable Share Price: 3683 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-1.0%

3683

7.9%

HK Shipping

1.2%

HK Market


1 Year Return

-36.9%

3683

6.7%

HK Shipping

5.4%

HK Market

Return vs Industry: 3683 underperformed the Hong Kong Shipping industry which returned 4.4% over the past year.

Return vs Market: 3683 underperformed the Hong Kong Market which returned 5.5% over the past year.


Shareholder returns

3683IndustryMarket
7 Day-1.0%7.9%1.2%
30 Day1.0%6.5%-4.4%
90 Day-6.6%24.1%7.6%
1 Year-36.9%-36.9%15.9%6.7%9.7%5.4%
3 Year-27.2%-27.2%-25.2%-32.8%3.5%-7.6%
5 Year-27.7%-27.7%-15.5%-24.7%12.0%-6.8%

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 compared to its fair value and its price relative to the market?

5.83x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 3683 (HK$0.99) is trading above our estimate of fair value (HK$0.08)

Significantly Below Fair Value: 3683 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 3683 is unprofitable, so we can't compare its PE Ratio to the HK Shipping industry average.

PE vs Market: 3683 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 3683's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 3683 is overvalued based on its PB Ratio (5.8x) compared to the HK Shipping industry average (0.6x).


Next Steps

Future Growth

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

29.2%

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 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?

55.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 3683 is currently unprofitable.

Growing Profit Margin: 3683 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 3683 is unprofitable, but has reduced losses over the past 5 years at a rate of 55% per year.

Accelerating Growth: Unable to compare 3683's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 3683 is unprofitable, making it difficult to compare its past year earnings growth to the Shipping industry (-7.3%).


Return on Equity

High ROE: 3683 has a negative Return on Equity (-40.09%), as it is currently unprofitable.


Next Steps

Financial Health

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


Financial Position Analysis

Short Term Liabilities: 3683's short term assets ($4.4M) do not cover its short term liabilities ($17.6M).

Long Term Liabilities: 3683's short term assets ($4.4M) do not cover its long term liabilities ($81.1M).


Debt to Equity History and Analysis

Debt Level: 3683's debt to equity ratio (303.2%) is considered high.

Reducing Debt: 3683's debt to equity ratio has increased from 113.5% to 303.2% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 3683 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 3683 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 57% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 3683's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 3683'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 3683's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 3683'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 3683'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?

9.9yrs

Average board tenure


CEO

Linda Lam (52 yo)

no data

Tenure

US$210,000

Compensation

Ms. Lam Kwan, 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. Lam is primarily responsible for the G ...


CEO Compensation Analysis

Compensation vs Market: Linda's total compensation ($USD210.00K) is about average for companies of similar size in the Hong Kong market ($USD231.54K).

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


Board Members

NamePositionTenureCompensationOwnership
Kim Yan
Co-Founder & Chairmanno dataUS$253.00kno data
Kwan Lam
Co-Founderno dataUS$210.00k1.19%
$ 11.3m
Jiancheng Cao
Executive Director10.17yrsUS$167.00kno data
Kwok Hung Wai
Independent Non-Executive Director9.92yrsUS$13.00kno data
Kwan Hung Cheung
Independent Non-Executive Director9.92yrsUS$19.00kno data
Chung Bun Chan
Independent Non-Executive Director9.92yrsUS$19.00kno data

9.9yrs

Average Tenure

62.5yo

Average Age

Experienced Board: 3683's board of directors are considered experienced (9.9 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 3683 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

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$942.988m
  • Shares outstanding: 952.51m
  • Website: https://www.greatharvestmg.com

Number of Employees


Location

  • Great Harvest Maeta Group Holdings Limited
  • The Sun's Group Centre
  • 12th Floor
  • Wan Chai
  • 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 Analysis2020/08/08 12:34
End of Day Share Price2020/08/07 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.