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Great Harvest Maeta Group Holdings

Market Cap

HK$876.4m

Last Updated

2021/05/13 10:16 UTC

Data Sources

Company Financials

Executive Summary

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

Risk Analysis

Has less than 1 year of cash runway



Snowflake Analysis

Worrying 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 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 3683's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-5.2%

3683

-8.9%

HK Shipping

-1.1%

HK Market


1 Year Return

-11.7%

3683

392.7%

HK Shipping

24.0%

HK Market

Return vs Industry: 3683 underperformed the Hong Kong Shipping industry which returned 392.7% over the past year.

Return vs Market: 3683 underperformed the Hong Kong Market which returned 24% over the past year.


Shareholder returns

3683IndustryMarket
7 Day-5.2%-8.9%-1.1%
30 Day-11.7%17.8%-0.4%
90 Day-13.3%76.4%-6.8%
1 Year-11.7%-11.7%407.1%392.7%28.8%24.0%
3 Year-54.7%-54.7%206.3%170.1%1.7%-9.1%
5 Year-37.7%-37.7%440.7%377.0%59.5%32.5%

Long-Term 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?

5.95x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 3683's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 3683's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 3683 is unprofitable, so we can't compare its PE Ratio to the Hong Kong 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 (6x) compared to the HK Shipping industry average (1.6x).


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?

-5.1%

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.


Past Performance

How has Great Harvest Maeta Group Holdings performed over the past 5 years?

51.9%

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 51.9% 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 (51.4%).


Return on Equity

High ROE: 3683 has a negative Return on Equity (-51.2%), as it is currently unprofitable.


Financial Health

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


Financial Position Analysis

Short Term Liabilities: 3683's short term assets ($3.7M) do not cover its short term liabilities ($70.0M).

Long Term Liabilities: 3683's short term assets ($3.7M) do not cover its long term liabilities ($33.5M).


Debt to Equity History and Analysis

Debt Level: 3683's debt to equity ratio (344.9%) is considered high.

Reducing Debt: 3683's debt to equity ratio has increased from 75.6% to 344.9% 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: 3683 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 3683 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 56% each year


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?

10.7yrs

Average board tenure


CEO

Linda Lam (52 yo)

no data

Tenure

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. Lam is primarily responsible for the G...


CEO Compensation Analysis

Compensation vs Market: Linda's total compensation ($USD210.00K) is about average for companies of similar size in the Hong Kong market ($USD229.89K).

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


Board Members

Experienced Board: 3683's board of directors are seasoned and experienced ( 10.7 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

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$876.404m
  • Shares outstanding: 952.61m
  • 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


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 Analysis2021/05/13 10:16
End of Day Share Price2021/05/13 00:00
Earnings2020/09/30
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.