Transport International Holdings Limited, an investment holding company, provides franchised and non-franchised public transportation services in the People’s Republic of China.
Adequate balance sheet with questionable track record.
Share Price & News
How has Transport International Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 62's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 62 underperformed the Hong Kong Transportation industry which returned -21.1% over the past year.
Return vs Market: 62 underperformed the Hong Kong Market which returned -22% over the past year.
Price Volatility Vs. Market
How volatile is Transport International Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs Transport International Holdings (HKG:62) A Risky Investment?
1 month ago | Simply Wall StDid You Manage To Avoid Transport International Holdings's (HKG:62) 18% Share Price Drop?
1 month ago | Simply Wall StThree Things You Should Check Before Buying Transport International Holdings Limited (HKG:62) For Its Dividend
Is Transport International Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 62 (HK$16.48) is trading above our estimate of fair value (HK$14.23)
Significantly Below Fair Value: 62 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 62 is good value based on its PE Ratio (12x) compared to the Transportation industry average (13.2x).
PE vs Market: 62 is poor value based on its PE Ratio (12x) compared to the Hong Kong market (9.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 62's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 62 is overvalued based on its PB Ratio (0.7x) compared to the HK Transportation industry average (0.6x).
How is Transport International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Transport International 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.
- Examine Transport International Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Transport International Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Transportation industry.
How has Transport International Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 62 has high quality earnings.
Growing Profit Margin: 62's current net profit margins (7.5%) are lower than last year (9%).
Past Earnings Growth Analysis
Earnings Trend: 62's earnings have grown by 4.7% per year over the past 5 years.
Accelerating Growth: 62's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 62 had negative earnings growth (-15.9%) over the past year, making it difficult to compare to the Transportation industry average (-15.9%).
Return on Equity
High ROE: 62's Return on Equity (5.5%) is considered low.
How is Transport International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 62's short term assets (HK$2.9B) exceed its short term liabilities (HK$1.6B).
Long Term Liabilities: 62's short term assets (HK$2.9B) do not cover its long term liabilities (HK$4.2B).
Debt to Equity History and Analysis
Debt Level: 62's debt to equity ratio (24.7%) is considered satisfactory.
Reducing Debt: 62's debt to equity ratio has increased from 7.4% to 24.7% over the past 5 years.
Debt Coverage: 62's debt is well covered by operating cash flow (57.2%).
Interest Coverage: 62 earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: 62 has a high level of physical assets or inventory.
Debt Coverage by Assets: 62's debt is covered by short term assets (assets are 1.1x debt).
What is Transport International Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 62's dividend (6.07%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.6%).
High Dividend: 62's dividend (6.07%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.27%).
Stability and Growth of Payments
Stable Dividend: 62's dividend payments have been volatile in the past 10 years.
Growing Dividend: 62's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (72.7%), 62's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Roger Lee (56yo)
Mr. Chak-Cheong Lee, also known as Roger, BSc, MSc, MICE, CEng has been Managing Director and Executive Director of Transport International Holdings Limited since January 1, 2015 and March 3, 2014 respecti ...
CEO Compensation Analysis
Compensation vs Market: Roger's total compensation ($USD1.05M) is above average for companies of similar size in the Hong Kong market ($USD492.23K).
Compensation vs Earnings: Roger's compensation has been consistent with company performance over the past year.
|MD & Executive Director||5.25yrs||HK$8.16m||0.027% HK$2.0m|
|Deputy Chairman||7.92yrs||HK$764.00k||0.00045% HK$33.1k|
|Non-Executive Director||22.58yrs||HK$624.00k||0.11% HK$8.0m|
|Independent Non-Executive Director||21.33yrs||HK$692.00k||no data|
|Independent Chairman of the Board||7.92yrs||HK$1.87m||no data|
|Non-Executive Director||22.58yrs||HK$624.00k||0.69% HK$50.8m|
|Non-Executive Director||23.25yrs||HK$684.00k||0.041% HK$3.0m|
|Non-Executive Director||22.58yrs||HK$624.00k||1.66% HK$122.6m|
|Non-Executive Director||22.58yrs||HK$372.00k||no data|
|Independent Non-Executive Director||8.58yrs||HK$612.00k||no data|
Experienced Board: 62's board of directors are seasoned and experienced ( 22 years average tenure).
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.9%.
Transport International Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Transport International Holdings Limited
- Ticker: 62
- Exchange: SEHK
- Founded: 1997
- Industry: Trucking
- Sector: Transportation
- Market Cap: HK$7.366b
- Shares outstanding: 446.94m
- Website: https://www.tih.hk
Number of Employees
- Transport International Holdings Limited
- No. 9, Po Lun Street
- 15th Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|62||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Nov 1997|
|KWO||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Nov 1997|
Transport International Holdings Limited, an investment holding company, provides franchised and non-franchised public transportation services in the People’s Republic of China. The company operates in three segments: Franchised Bus Operation; Property Holdings and Development; and All Other Segments. The Franchised Bus Operation segment provides franchised public bus transportation services in Hong Kong. The Property Holdings and Development segment holds, develops, and rents non-residential properties, including commercial buildings, shopping malls, and industrial properties. The All Other Segments segment provides non-franchised public transportation services; and cross-boundary shuttle bus services. Transport International Holdings Limited also offers non-franchised bus services to the residential and commercial sectors through chartered hire services; and car rental and taxi hire services, as well as trades in bus souvenirs. The company was formerly known as The Kowloon Motor Bus Holdings Limited and changed its name to Transport International Holdings Limited in November 2005. Transport International Holdings Limited was founded in 1997 and is headquartered in Kowloon, Hong Kong.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/04 12:55|
|End of Day Share Price||2020/04/03 00:00|
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.