SEHK:8430

Stock Analysis Report

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Executive Summary

C&N Holdings Limited, an investment holding company, provides transport and storage services to the logistics industry in Singapore. More Details


Snowflake Analysis

Adequate balance sheet and slightly overvalued.

Share Price & News

How has C&N Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8430's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-15.4%

8430

-1.0%

HK Transportation

0.1%

HK Market


1 Year Return

130.4%

8430

-18.2%

HK Transportation

2.0%

HK Market

Return vs Industry: 8430 exceeded the Hong Kong Transportation industry which returned -17.4% over the past year.

Return vs Market: 8430 exceeded the Hong Kong Market which returned 0.7% over the past year.


Shareholder returns

8430IndustryMarket
7 Day-15.4%-1.0%0.1%
30 Day169.5%-3.5%2.4%
90 Day329.7%0.06%-0.4%
1 Year130.4%130.4%-15.7%-18.2%6.3%2.0%
3 Year-56.4%-56.4%-19.8%-26.0%-5.7%-16.0%
5 Yearn/a5.8%-13.1%16.4%-3.4%

Price Volatility Vs. Market

How volatile is C&N Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is C&N 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: 8430 (HK$0.16) is trading below our estimate of fair value (HK$0.47)

Significantly Below Fair Value: 8430 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8430 is unprofitable, so we can't compare its PE Ratio to the XA Transportation industry average.

PE vs Market: 8430 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 8430's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8430's PB Ratio (0.9x) is in line with the HK Transportation industry average.


Next Steps

Future Growth

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

51.3%

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

-85.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8430 is currently unprofitable.

Growing Profit Margin: 8430 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8430 is unprofitable, and losses have increased over the past 5 years at a rate of 85.5% per year.

Accelerating Growth: Unable to compare 8430's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8430 is unprofitable, making it difficult to compare its past year earnings growth to the Transportation industry (-21.3%).


Return on Equity

High ROE: 8430 has a negative Return on Equity (-3.05%), as it is currently unprofitable.


Next Steps

Financial Health

How is C&N Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8430's short term assets (SGD12.0M) exceed its short term liabilities (SGD3.8M).

Long Term Liabilities: 8430's short term assets (SGD12.0M) exceed its long term liabilities (SGD1.3M).


Debt to Equity History and Analysis

Debt Level: 8430's debt to equity ratio (2%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 8430's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 8430's debt is well covered by operating cash flow (725%).

Interest Coverage: Insufficient data to determine if 8430's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8430's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8430'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 8430's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8430'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 8430'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?

3.1yrs

Average board tenure


CEO

Kang Lim Chua (66 yo)

3.58yrs

Tenure

S$642,644

Compensation

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 busine ...


CEO Compensation Analysis

Compensation vs Market: Kang Lim's total compensation ($USD473.75K) is above average for companies of similar size in the Hong Kong market ($USD232.26K).

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


Board Members

NamePositionTenureCompensationOwnership
Kang Lim Chua
Chairman3.58yrsS$642.64k50.78%
SGD 55.3m
Sui Feng Chua
Executive Director3.67yrsS$153.74kno data
Choong Kuen Kwong
Independent Non-Executive Director3.08yrsS$25.00kno data
Tak Sin Teo
Independent Non-Executive Director3.08yrsS$20.00kno data
Mai Foong Choong
Independent Non-Executive Director3.08yrsS$20.00kno data

3.1yrs

Average Tenure

47yo

Average Age

Experienced Board: 8430's board of directors are considered experienced (3.1 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

C&N Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: C&N Holdings Limited
  • Ticker: 8430
  • Exchange: SEHK
  • Founded: 1992
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: HK$108.800m
  • Shares outstanding: 640.00m
  • Website: https://www.cnlimited.com

Number of Employees


Location

  • C&N Holdings Limited
  • No. 06-03, 3 Soon Lee Street
  • Pioneer Junction
  • Singapore
  • 627606
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8430SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2017

Biography

C&N Holdings Limited, an investment holding company, provides transport and storage services to the logistics industry in Singapore. The company operates in two segments, Trucking and Hubbing. The Trucking ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/21 12:44
End of Day Share Price2020/10/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.