SEHK:77

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AMS Public Transport Holdings

Executive Summary

AMS Public Transport Holdings Limited, an investment holding company, provides franchised public light bus (PLB) transportation services in Hong Kong.


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.

Share Price & News

How has AMS Public Transport Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 77's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

77

5.1%

HK Transportation

4.1%

HK Market


1 Year Return

-29.7%

77

-22.1%

HK Transportation

-5.2%

HK Market

Return vs Industry: 77 underperformed the Hong Kong Transportation industry which returned -22.1% over the past year.

Return vs Market: 77 underperformed the Hong Kong Market which returned -5.2% over the past year.


Shareholder returns

77IndustryMarket
7 Day0%5.1%4.1%
30 Day-7.2%-4.0%3.5%
90 Day-24.7%-11.7%-5.3%
1 Year-23.3%-29.7%-19.8%-22.1%-2.0%-5.2%
3 Year-50.8%-59.5%-14.2%-20.6%-0.4%-10.6%
5 Year-44.2%-59.0%4.3%-13.2%-9.0%-23.3%

Price Volatility Vs. Market

How volatile is AMS Public Transport Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AMS Public Transport Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 77 (HK$0.64) is trading below our estimate of fair value (HK$7.39)

Significantly Below Fair Value: 77 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 77 is unprofitable, so we can't compare its PE Ratio to the Transportation industry average.

PE vs Market: 77 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 77's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 77 is overvalued based on its PB Ratio (1.8x) compared to the HK Transportation industry average (0.5x).


Next Steps

Future Growth

How is AMS Public Transport Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.0%

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 AMS Public Transport 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 AMS Public Transport Holdings performed over the past 5 years?

-33.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 77 is currently unprofitable.

Growing Profit Margin: 77 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 77 is unprofitable, and losses have increased over the past 5 years at a rate of -33.8% per year.

Accelerating Growth: Unable to compare 77's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 77 is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (-5.2%).


Return on Equity

High ROE: 77 has a negative Return on Equity (-25.92%), as it is currently unprofitable.


Next Steps

Financial Health

How is AMS Public Transport Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 77's short term assets (HK$39.3M) do not cover its short term liabilities (HK$135.0M).

Long Term Liabilities: 77's short term assets (HK$39.3M) do not cover its long term liabilities (HK$127.6M).


Debt to Equity History and Analysis

Debt Level: 77's debt to equity ratio (159.1%) is considered high.

Reducing Debt: 77's debt to equity ratio has increased from 59.7% to 159.1% 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 77 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 77 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 19.2% per year.


Next Steps

Dividend

What is AMS Public Transport Holdings's current dividend yield, its reliability and sustainability?

12.50%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 77's dividend (12.5%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.44%).

High Dividend: 77's dividend (12.5%) is in the top 25% of dividend payers in the Hong Kong market (7.14%)


Stability and Growth of Payments

Stable Dividend: 77's dividend payments have been volatile in the past 10 years.

Growing Dividend: 77's dividend payments have fallen over the past 10 years.


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: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

15.2yrs

Average management tenure


CEO

Man Chun Chan (55yo)

15.17yrs

Tenure

HK$4,351,000

Compensation

Mr. Chan Man Chun, JP, MBA, CMILT has been the Chief Executive Officer at AMS Public Transport Holdings Ltd., a holding company of Chinalink Express Holdings Ltd., since April 1, 2005 and served as its Gen ...


CEO Compensation Analysis

Compensation vs Market: Man Chun's total compensation ($USD561.36K) is above average for companies of similar size in the Hong Kong market ($USD229.19K).

Compensation vs Earnings: Man Chun's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Ling Sun Wong
Chairman of the Board5.5yrsHK$1.16m11.66% HK$20.3m
Man Chun Chan
CEO & Executive Director 15.17yrsHK$4.35m1.38% HK$2.4m
Sui Chun Ng
Finance Director & Executive Director no dataHK$1.01m4.16% HK$7.2m
Wai Sum Wong
Human Resources Director8.75yrsHK$963.00k1.23% HK$2.1m
Yu Fung Wong
Group Operations Managerno datano datano data
Ka Yan Wong
Financial Controller & Company Secretary14.92yrsno datano data

15.2yrs

Average Tenure

44yo

Average Age

Experienced Management: 77's management team is seasoned and experienced (15.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Ling Sun Wong
Chairman of the Board5.5yrsHK$1.16m11.66% HK$20.3m
Man Chun Chan
CEO & Executive Director 15.17yrsHK$4.35m1.38% HK$2.4m
Sui Chun Ng
Finance Director & Executive Director no dataHK$1.01m4.16% HK$7.2m
Wai Sum Wong
Human Resources Director8.75yrsHK$963.00k1.23% HK$2.1m
Ki Chi Kwong
Independent Non-Executive Director9.25yrsHK$336.00k0.22% HK$376.3k
Yuen Tak-fai Chan
Independent Non-Executive Director10.25yrsHK$336.00k0.22% HK$376.3k
Wai Man Wong
Non-Executive Director2.83yrsHK$336.00k1.54% HK$2.7m

8.8yrs

Average Tenure

55yo

Average Age

Experienced Board: 77's board of directors are considered experienced (8.8 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

AMS Public Transport Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AMS Public Transport Holdings Limited
  • Ticker: 77
  • Exchange: SEHK
  • Founded: 1975
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: HK$174.024m
  • Shares outstanding: 271.91m
  • Website: https://www.amspt.com

Number of Employees


Location

  • AMS Public Transport Holdings Limited
  • Abba Commercial Building
  • 11th-12th Floor
  • Aberdeen
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
77SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 2005

Biography

AMS Public Transport Holdings Limited, an investment holding company, provides franchised public light bus (PLB) transportation services in Hong Kong. The company operates 69 franchised PLB routes with 357 PLBs; and 5 resident’s bus routes with 8 public buses. It also provides repair and maintenance services for PLBs; and hires PLBs. The company was founded in 1975 and is headquartered in Aberdeen, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/03 13:03
End of Day Share Price2020/06/03 00:00
Earnings2019/09/30
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.