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C&N Holdings

SEHK:8430
Snowflake Description

Adequate balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8430
SEHK
HK$82M
Market Cap
  1. Home
  2. HK
  3. Transportation
Company description

C&N Holdings Limited provides transport and storage services to the logistics industry in Singapore. The last earnings update was 25 days ago. More info.


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  • C&N Holdings has significant price volatility in the past 3 months.
8430 Share Price and Events
7 Day Returns
-2.3%
SEHK:8430
-1.8%
HK Transportation
0.5%
HK Market
1 Year Returns
-58.7%
SEHK:8430
2.9%
HK Transportation
-4.2%
HK Market
8430 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
C&N Holdings (8430) -2.3% -26% -48.8% -58.7% - -
HK Transportation -1.8% -1.1% 9.6% 2.9% 14.3% 54.9%
HK Market 0.5% 2.3% 11.5% -4.2% 28.1% 21.6%
1 Year Return vs Industry and Market
  • 8430 underperformed the Transportation industry which returned 2.9% over the past year.
  • 8430 underperformed the Market in Hong Kong which returned -4.2% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is C&N Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of C&N Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for C&N Holdings.

SEHK:8430 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 9%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:8430
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6%
Transportation Unlevered Beta Simply Wall St/ S&P Global 1
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.999 (1 + (1- 17%) (32.33%))
1.179
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.18
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (1.179 * 5.96%)
9.03%

Discounted Cash Flow Calculation for SEHK:8430 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for C&N Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:8430 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SGD, Millions) Source Present Value
Discounted (@ 9.03%)
2019 0.60 Est @ -41.86% 0.55
2020 0.43 Est @ -28.7% 0.36
2021 0.35 Est @ -19.49% 0.27
2022 0.30 Est @ -13.04% 0.21
2023 0.28 Est @ -8.53% 0.18
2024 0.26 Est @ -5.37% 0.16
2025 0.25 Est @ -3.16% 0.14
2026 0.25 Est @ -1.61% 0.12
2027 0.25 Est @ -0.53% 0.11
2028 0.25 Est @ 0.23% 0.10
Present value of next 10 years cash flows SGD2.21
SEHK:8430 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SGD0.25 × (1 + 2%) ÷ (9.03% – 2%)
SGD3.60
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SGD3.60 ÷ (1 + 9.03%)10
SGD1.52
SEHK:8430 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SGD2.21 + SGD1.52
SGD3.73
Equity Value per Share
(SGD)
= Total value / Shares Outstanding
= SGD3.73 / 640.00
SGD0.01
SEHK:8430 Discount to Share Price
Calculation Result
Exchange Rate SGD/HKD
(Reporting currency to currency of SEHK:8430)
5.784
Value per Share
(HKD)
= Value per Share in SGD x Exchange Rate (SGD/HKD)
= SGD0.01 x 5.784
HK$0.03
Value per share (HKD) From above. HK$0.03
Current discount Discount to share price of HK$0.13
= -1 x (HK$0.13 - HK$0.03) / HK$0.03
-280.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of C&N Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for C&N Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are C&N Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8430 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SGD SGD0.00
SEHK:8430 Share Price ** SEHK (2019-04-23) in HKD HK$0.13
SEHK:8430 Share Price converted to SGD reporting currency Exchange rate (HKD/ SGD) 0.173 SGD0.02
Hong Kong Transportation Industry PE Ratio Median Figure of 6 Publicly-Listed Transportation Companies 20.26x
Hong Kong Market PE Ratio Median Figure of 1,473 Publicly-Listed Companies 12.01x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of C&N Holdings.

SEHK:8430 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8430 Share Price ÷ EPS (both in SGD)

= 0.02 ÷ 0.00

30.36x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • C&N Holdings is overvalued based on earnings compared to the HK Transportation industry average.
  • C&N Holdings is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does C&N Holdings's expected growth come at a high price?
Raw Data
SEHK:8430 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 30.36x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
20.6%per year
Asia Transportation Industry PEG Ratio Median Figure of 6 Publicly-Listed Transportation Companies 2.13x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.87x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for C&N Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on C&N Holdings's assets?
Raw Data
SEHK:8430 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SGD SGD0.03
SEHK:8430 Share Price * SEHK (2019-04-23) in HKD HK$0.13
SEHK:8430 Share Price converted to SGD reporting currency Exchange rate (HKD/ SGD) 0.173 SGD0.02
Hong Kong Transportation Industry PB Ratio Median Figure of 7 Publicly-Listed Transportation Companies 1.03x
Hong Kong Market PB Ratio Median Figure of 2,149 Publicly-Listed Companies 1.03x
SEHK:8430 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8430 Share Price ÷ Book Value per Share (both in SGD)

= 0.02 ÷ 0.03

0.66x

* Primary Listing of C&N Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • C&N Holdings is good value based on assets compared to the HK Transportation industry average.
X
Value checks
We assess C&N Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Transportation industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Transportation industry average (and greater than 0)? (1 check)
  5. C&N Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is C&N Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover C&N Holdings, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
20.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is C&N Holdings expected to grow at an attractive rate?
  • C&N Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • C&N Holdings's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare C&N Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8430 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:8430 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 20.6%
Hong Kong Transportation Industry Earnings Growth Rate Market Cap Weighted Average 2.8%
Asia Transportation Industry Revenue Growth Rate Market Cap Weighted Average 4.9%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 11.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:8430 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in SGD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:8430 Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2018-12-31 29 2 0
2018-09-30 29 -2
2018-06-30 31 2 -1
2018-03-31 31 0
2017-12-31 31 3 0
2017-09-30 31 3
2016-12-31 27 5 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • C&N Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if C&N Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:8430 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from C&N Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8430 Past Financials Data
Date (Data in SGD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.01
2016-12-31 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if C&N Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess C&N Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
C&N Holdings has a total score of 3/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has C&N Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare C&N Holdings's growth in the last year to its industry (Transportation).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Insufficient data to establish if C&N Holdings's year on year earnings growth rate was positive over the past 5 years.
  • C&N Holdings has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • C&N Holdings has become profitable in the last year making it difficult to compare the HK Transportation industry average.
Earnings and Revenue History
C&N Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from C&N Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8430 Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 29.40 0.47 4.15
2018-09-30 29.09 -1.58 4.63
2018-06-30 30.62 -0.50 4.20
2018-03-31 31.40 0.35 3.95
2017-12-31 30.82 -0.41 3.65
2017-09-30 30.63 2.52 2.73
2016-12-31 27.01 3.35 2.47
2015-12-31 27.68 3.05 2.26

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • C&N Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • C&N Holdings used its assets less efficiently than the HK Transportation industry average last year based on Return on Assets.
  • C&N Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess C&N Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Transportation industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
C&N Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is C&N Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up C&N Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • C&N Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • C&N Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of C&N Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from C&N Holdings Company Filings, last reported 3 months ago.

SEHK:8430 Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 21.62 4.58 8.72
2018-09-30 21.38 6.26 9.17
2018-06-30 21.38 6.26 9.17
2018-03-31 21.15 5.04 9.11
2017-12-31 21.15 5.04 9.11
2017-09-30
2016-12-31 10.96 4.61 1.64
2015-12-31 7.62 7.28 2.61
  • C&N Holdings's level of debt (21.2%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if C&N Holdings's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (38.2%, greater than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 2.5x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess C&N Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. C&N Holdings has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is C&N Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from C&N Holdings dividends.
If you bought HK$2,000 of C&N Holdings shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate C&N Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate C&N Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:8430 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Asia Transportation Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 2.6%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 965 Stocks 3.4%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.1%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 1.9%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as C&N Holdings has not reported any payouts.
  • Unable to verify if C&N Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of C&N Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as C&N 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.
X
Income/ dividend checks
We assess C&N Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can C&N Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. C&N Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of C&N Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Kang Chua
COMPENSATION SGD507,995
AGE 64
TENURE AS CEO 2.1 years
CEO Bio

Mr. Kang Lim Chua has been Chief Executive Officer of C&N Holdings Limited since March 27, 2017. Mr. Chua is the Founder of C&N Holdings Limited. He is responsible for Overall strategic planning and business development. He joined C&N Holdings Limited on February 12, 1992. He has over 25 years of experience in the logistics industry in Singapore. He gained experience in management skills and knowledge of freight logistics business. Prior to the establishment of C&N Holdings Limited, he was involved in business of packing and crating services. He served as a Partner of Teng Lee Packing Co from September 1982 to October 1992. He was the Owner of K. L. Chua Container Service from March 1994 to June 2013. He has been Chairman and Executive Director of C&N Holdings Limited since March 27, 2017 and February 10, 2017 respectively. He has been a director of CA Transportation since February 1992. He served as a Director of Teng Lee Packing Co Pte Ltd from October 1992 to May 2012 and involved in its business operation and management. He served as Director of Bukit Nana Trading Co, K.L. Chua Container Service, Asia Tractor Spares Private Limited, CA Corporation (Singapore) Pte. Ltd. and Chun Logistics Pte. Ltd. He served as Director of Nexis Logistics Services since April 2003.

CEO Compensation
  • Kang 's compensation has increased in line with C&N Holdings recently becoming profitable.
  • Kang 's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team

Kang Chua

TITLE
Chairman
COMPENSATION
SGD508K
AGE
64
TENURE
2.1 yrs

Sui Chua

TITLE
Executive Director
COMPENSATION
SGD93K
AGE
38

Sharlene Li

TITLE
Financial Controller
AGE
33

Chin Chua

TITLE
Senior Manager of Sales
AGE
54

Shu Chua

TITLE
Purchasing & Human Resources Director
AGE
40

Man Leong Chang

TITLE
Company Secretary
AGE
40
TENURE
2.1 yrs
Board of Directors Tenure

Average tenure and age of the C&N Holdings board of directors in years:

1.6
Average Tenure
45
Average Age
  • The average tenure for the C&N Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Kang Chua

TITLE
Chairman
COMPENSATION
SGD508K
AGE
64
TENURE
2.1 yrs

Sui Chua

TITLE
Executive Director
COMPENSATION
SGD93K
AGE
38
TENURE
2.2 yrs

Dax Teo

TITLE
Independent Non-Executive Director
AGE
39
TENURE
1.6 yrs

Choong Kwong

TITLE
Independent Non-Executive Director
AGE
45
TENURE
1.6 yrs

Grace Choong

TITLE
Independent Non-Executive Director
AGE
49
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
10. Aug 18 Sell Kang Chua Individual 08. Aug 18 08. Aug 18 -34,800,000 HK$0.42 HK$-14,643,837
10. Jul 18 Sell Kang Chua Individual 06. Jul 18 06. Jul 18 -20,000,000 HK$0.42 HK$-8,437,998
14. Jun 18 Sell Kang Chua Individual 12. Jun 18 12. Jun 18 -47,000,000 HK$0.42 HK$-19,740,116
07. Jun 18 Buy Wangfei Dai Individual 01. Jun 18 01. Jun 18 15,000,000 HK$0.42 HK$6,374,975
04. Jun 18 Sell Kang Chua Individual 01. Jun 18 01. Jun 18 -13,000,000 HK$0.43 HK$-5,609,527
30. May 18 Sell Kang Chua Individual 29. May 18 29. May 18 -11,000,000 HK$0.43 HK$-4,676,080
30. May 18 Sell Kang Chua Individual 28. May 18 28. May 18 -10,000,000 HK$0.44 HK$-4,411,990
28. May 18 Sell Kang Chua Individual 24. May 18 24. May 18 -200,000 HK$0.43 HK$-85,001
24. May 18 Buy Wangfei Dai Individual 21. May 18 21. May 18 14,000,000 HK$0.42 HK$5,880,037
24. May 18 Sell Kang Chua Individual 21. May 18 21. May 18 -19,000,000 HK$0.42 HK$-7,980,051
18. May 18 Buy Wangfei Dai Individual 15. May 18 15. May 18 50,000,000 HK$0.40 HK$20,000,128
X
Management checks
We assess C&N Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. C&N Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Is C&N Holdings Limited (HKG:8430) Investing Your Capital Efficiently?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

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The C&N Holdings Share Price Has Gained 35% And Shareholders Are Hoping For More

C&N Holdings isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. … We can correlate the share price rise with revenue or profit growth, but it seems the market had previously expected weaker results, and sentiment around the stock is improving.

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Should You Be Worried About Insider Transactions At C&N Holdings Limited (HKG:8430)?

We often see insiders buying up shares in companies that perform well over the long term. … So we'll take a look at whether insiders have been buying or selling shares in C&N Holdings Limited (HKG:8430). … But logic dictates you should pay some attention to whether insiders are buying or selling shares.

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Do Insiders Own Lots Of Shares In C&N Holdings Limited (HKG:8430)?

If you want to know who really controls C&N Holdings Limited (HKG:8430), then you'll have to look at the makeup of its share registry. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … Let's take a closer look to see what the different types of shareholder can tell us about 8430

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Who Are The Largest Shareholders In C&N Holdings Limited (HKG:8430)?

In this article, I will take a quick look at C&N Holdings Limited’s (HKG:8430) recent ownership structure – an unconventional investing subject, but an important one. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment.

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Should You Be Tempted To Sell C&N Holdings Limited (HKG:8430) At Its Current PE Ratio?

and want to begin learning the link between C&N Holdings Limited (HKG:8430)’s fundamentals and stock market performance. … C&N Holdings Limited (HKG:8430) is currently trading at a trailing P/E of 112.6x, which is higher than the industry average of 15.4x. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind

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Company Info

Description

C&N Holdings Limited provides transport and storage services to the logistics industry in Singapore. The company’s Trucking segment provides trucking services, such as transportation of cargo, primarily containers. Its Hubbing segment is involved in the handling and storage of laden and empty containers. The company was founded in 1992 and is headquartered in Singapore.

Details
Name: C&N Holdings Limited
8430
Exchange: SEHK
Founded: 1992
HK$81,920,000
640,000,000
Website: http://www.cnlimited.com
Address: C&N Holdings Limited
No. 06-03, 3 Soon Lee Street,
Pioneer Junction,
Singapore,
627606,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8430 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 18. Oct 2017
Number of employees
Current staff
Staff numbers
175
C&N Holdings employees.
Industry
Trucking
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 13:04
End of day share price update: 2019/04/23 00:00
Last earnings filing: 2019/03/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.