SEHK:871

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China Dredging Environment Protection Holdings

Executive Summary

China Dredging Environment Protection Holdings Limited, an investment holding company, provides dredging services in the People’s Republic of China. More Details


Snowflake Analysis

Fair value with mediocre balance sheet.

Share Price & News

How has China Dredging Environment Protection Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 871 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

871

-1.5%

HK Infrastructure

-0.6%

HK Market


1 Year Return

-20.6%

871

-19.3%

HK Infrastructure

0.9%

HK Market

Return vs Industry: 871 underperformed the Hong Kong Infrastructure industry which returned -19.3% over the past year.

Return vs Market: 871 underperformed the Hong Kong Market which returned 0.9% over the past year.


Shareholder returns

871IndustryMarket
7 Day0%-1.5%-0.6%
30 Day-13.8%-3.1%0.02%
90 Day4.2%-5.1%-1.7%
1 Year-20.6%-20.6%-14.3%-19.3%5.1%0.9%
3 Year-87.5%-87.5%-31.7%-41.9%-6.1%-16.3%
5 Year-95.4%-95.4%-18.3%-36.3%14.1%-5.3%

Price Volatility Vs. Market

How volatile is China Dredging Environment Protection Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China Dredging Environment Protection Holdings undervalued compared to its fair value and its price relative to the market?

48.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 871 (HK$0.05) is trading below our estimate of fair value (HK$0.1)

Significantly Below Fair Value: 871 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 871 is unprofitable, so we can't compare its PE Ratio to the HK Infrastructure industry average.

PE vs Market: 871 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 871's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 871 is good value based on its PB Ratio (0.1x) compared to the HK Infrastructure industry average (0.6x).


Next Steps

Future Growth

How is China Dredging Environment Protection Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.7%

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 China Dredging Environment Protection 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 China Dredging Environment Protection Holdings performed over the past 5 years?

-48.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 871 is currently unprofitable.

Growing Profit Margin: 871 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 871 is unprofitable, and losses have increased over the past 5 years at a rate of 48.3% per year.

Accelerating Growth: Unable to compare 871's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 871 is unprofitable, making it difficult to compare its past year earnings growth to the Infrastructure industry (-7.2%).


Return on Equity

High ROE: 871 has a negative Return on Equity (-38.44%), as it is currently unprofitable.


Next Steps

Financial Health

How is China Dredging Environment Protection Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 871's short term assets (CN¥807.9M) do not cover its short term liabilities (CN¥1.2B).

Long Term Liabilities: 871's short term assets (CN¥807.9M) exceed its long term liabilities (CN¥101.2M).


Debt to Equity History and Analysis

Debt Level: 871's debt to equity ratio (51.8%) is considered high.

Reducing Debt: 871's debt to equity ratio has increased from 43.7% to 51.8% 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 871 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 871 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.2% per year.


Next Steps

Dividend

What is China Dredging Environment Protection Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 871's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 871'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 871's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 871's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 871 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 871'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?

6.9yrs

Average management tenure


CEO

Xuze Wu (53 yo)

3.75yrs

Tenure

Mr. Xuze Wu has been Chief Executive Officer and Executive Director at China Dredging Environment Protection Holdings Limited since January 5, 2017. Mr. Wu has invested in and managed various companies in ...


Leadership Team

NamePositionTenureCompensationOwnership
Kaijin Liu
Executive Chairman of the Board4.08yrsCN¥1.20m21.72%
CN¥ 19.4m
Xuze Wu
CEO & Executive Director3.75yrsno datano data
Shuhua Zhou
Executive Director10.17yrsCN¥600.00kno data
Xu Wenyue
CFO & Head of Accounting Department6.92yrsno datano data
Julin Wang
Chief Engineer10.17yrsno datano data
Xianbo Yang
General Manager of Jiangsu Xingyu7.92yrsno datano data
Chiang Chih Lee
Group Chief Engineer of the Environmental Protection Dredging Divisionno datano datano data
Kwan Lai Wong
Company Secretary4.33yrsno datano data

6.9yrs

Average Tenure

57yo

Average Age

Experienced Management: 871's management team is seasoned and experienced (6.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kaijin Liu
Executive Chairman of the Board4.08yrsCN¥1.20m21.72%
CN¥ 19.4m
Xuze Wu
CEO & Executive Director3.75yrsno datano data
Shuhua Zhou
Executive Director10.17yrsCN¥600.00kno data
Ming Sun Chan
Independent Non-Executive Director7.92yrsCN¥100.00kno data
Xuedong Huan
Independent Non-Executive Director8.5yrsno datano data
Zequan Liang
Independent Non-Executive Director4.08yrsno datano data
Ming Sun Jonathan Chan
Independent Non-Executive Director0.75yrno datano data

4.1yrs

Average Tenure

55yo

Average Age

Experienced Board: 871's board of directors are considered experienced (4.1 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

China Dredging Environment Protection Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China Dredging Environment Protection Holdings Limited
  • Ticker: 871
  • Exchange: SEHK
  • Founded:
  • Industry: Marine Ports and Services
  • Sector: Transportation
  • Market Cap: HK$89.118m
  • Shares outstanding: 1.78b
  • Website: https://www.cdep.com.hk

Number of Employees


Location

  • China Dredging Environment Protection Holdings Limited
  • No. 5 Baoxing Road
  • Baocai Industrial Zone
  • Yancheng
  • Jiangsu Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
871SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 2011
4XDDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 2011

Biography

China Dredging Environment Protection Holdings Limited, an investment holding company, provides dredging services in the People’s Republic of China. The company operates through four segments: Capital and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 13:01
End of Day Share Price2020/10/19 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.