Snowflake Score | |
---|---|
Valuation | 4/6 |
Future Growth | 1/6 |
Past Performance | 3/6 |
Financial Health | 2/6 |
Dividends | 1/6 |
1381 Stock Overview
Canvest Environmental Protection Group Company Limited, an investment holding company, engages in the operation and management of waste-to-energy projects in the People’s Republic of China.
Canvest Environmental Protection Group Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | HK$4.28 |
52 Week High | HK$4.94 |
52 Week Low | HK$3.12 |
Beta | 0.010 |
1 Month Change | 4.39% |
3 Month Change | 14.13% |
1 Year Change | 4.39% |
3 Year Change | 13.53% |
5 Year Change | -0.23% |
Change since IPO | 82.91% |
Recent News & Updates
Here's Why Canvest Environmental Protection Group (HKG:1381) Has Caught The Eye Of Investors
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Canvest Environmental Protection Group (HKG:1381) Hasn't Managed To Accelerate Its Returns
If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Shareholder Returns
1381 | HK Renewable Energy | HK Market | |
---|---|---|---|
7D | 1.2% | 9.7% | -0.9% |
1Y | 4.4% | 8.9% | -19.7% |
Return vs Industry: 1381 underperformed the Hong Kong Renewable Energy industry which returned 10.1% over the past year.
Return vs Market: 1381 exceeded the Hong Kong Market which returned -20.8% over the past year.
Price Volatility
1381 volatility | |
---|---|
1381 Average Weekly Movement | 3.3% |
Renewable Energy Industry Average Movement | 6.4% |
Market Average Movement | 6.5% |
10% most volatile stocks in HK Market | 12.9% |
10% least volatile stocks in HK Market | 3.2% |
Stable Share Price: 1381 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 1381's weekly volatility (3%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2003 | 3,976 | Guozhen Yuan | https://www.canvestenvironment.com |
Canvest Environmental Protection Group Company Limited, an investment holding company, engages in the operation and management of waste-to-energy projects in the People’s Republic of China. It also provides environmental hygiene and related services. As of December 31, 2021, the company had 35 operating, secured, announced, and managed projects; and a processing capacity of municipal solid waste of 51,990 tonnes.
Canvest Environmental Protection Group Fundamentals Summary
1381 fundamental statistics | |
---|---|
Market Cap | HK$10.44b |
Earnings (TTM) | HK$1.32b |
Revenue (TTM) | HK$6.79b |
7.9x
P/E Ratio1.5x
P/S RatioIs 1381 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
1381 income statement (TTM) | |
---|---|
Revenue | HK$6.79b |
Cost of Revenue | HK$4.68b |
Gross Profit | HK$2.11b |
Other Expenses | HK$788.28m |
Earnings | HK$1.32b |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 23, 2022
Earnings per share (EPS) | 0.54 |
Gross Margin | 31.06% |
Net Profit Margin | 19.46% |
Debt/Equity Ratio | 143.0% |
How did 1381 perform over the long term?
See historical performance and comparisonDividends
2.7%
Current Dividend Yield20%
Payout RatioValuation
Is 1381 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
4/6Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 1381?
Other financial metrics that can be useful for relative valuation.
What is 1381's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | HK$10.44b |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 3.2x |
Enterprise Value/EBITDA | 8.9x |
PEG Ratio | 1x |
Price to Earnings Ratio vs Peers
How does 1381's PE Ratio compare to its peers?
1381 PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 11.9x | ||
1798 China Datang Corporation Renewable Power | 13.5x | 22.0% | HK$15.3b |
182 Concord New Energy Group | 6.7x | 15.0% | HK$6.4b |
3868 Xinyi Energy Holdings | 19.4x | 18.9% | HK$24.0b |
686 Beijing Energy International Holding | 7.9x | n/a | HK$5.1b |
1381 Canvest Environmental Protection Group | 7.9x | 8.0% | HK$10.4b |
Price-To-Earnings vs Peers: 1381 is good value based on its Price-To-Earnings Ratio (7.9x) compared to the peer average (11.9x).
Price to Earnings Ratio vs Industry
How does 1381's PE Ratio compare vs other companies in the Asian Renewable Energy Industry?
Price-To-Earnings vs Industry: 1381 is good value based on its Price-To-Earnings Ratio (7.9x) compared to the Hong Kong Renewable Energy industry average (8x)
Price to Earnings Ratio vs Fair Ratio
What is 1381's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 7.9x |
Fair PE Ratio | 10.4x |
Price-To-Earnings vs Fair Ratio: 1381 is good value based on its Price-To-Earnings Ratio (7.9x) compared to the estimated Fair Price-To-Earnings Ratio (10.4x).
Share Price vs Fair Value
What is the Fair Price of 1381 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 1381 (HK$4.28) is trading above our estimate of fair value (HK$3.63)
Significantly Below Fair Value: 1381 is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.
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Future Growth
How is Canvest Environmental Protection Group forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Future Growth Score
1/6Future Growth Score 1/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
8.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1381's forecast earnings growth (8% per year) is above the savings rate (1.6%).
Earnings vs Market: 1381's earnings (8% per year) are forecast to grow slower than the Hong Kong market (16.8% per year).
High Growth Earnings: 1381's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1381's revenue is expected to decline over the next 3 years (-0.7% per year).
High Growth Revenue: 1381's revenue is forecast to decline over the next 3 years (-0.7% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1381's Return on Equity is forecast to be low in 3 years time (14.9%).
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Past Performance
How has Canvest Environmental Protection Group performed over the past 5 years?
Past Performance Score
3/6Past Performance Score 3/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
21.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1381 has a high level of non-cash earnings.
Growing Profit Margin: 1381's current net profit margins (19.5%) are lower than last year (21.1%).
Past Earnings Growth Analysis
Earnings Trend: 1381's earnings have grown significantly by 21.4% per year over the past 5 years.
Accelerating Growth: 1381's earnings growth over the past year (25.5%) exceeds its 5-year average (21.4% per year).
Earnings vs Industry: 1381 earnings growth over the past year (25.5%) exceeded the Renewable Energy industry -1.9%.
Return on Equity
High ROE: 1381's Return on Equity (14.8%) is considered low.
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Financial Health
How is Canvest Environmental Protection Group's financial position?
Financial Health Score
2/6Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 1381's short term assets (HK$4.0B) exceed its short term liabilities (HK$3.2B).
Long Term Liabilities: 1381's short term assets (HK$4.0B) do not cover its long term liabilities (HK$12.4B).
Debt to Equity History and Analysis
Debt Level: 1381's net debt to equity ratio (123.5%) is considered high.
Reducing Debt: 1381's debt to equity ratio has increased from 84.7% to 143% over the past 5 years.
Debt Coverage: 1381's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1381's interest payments on its debt are well covered by EBIT (4.4x coverage).
Balance Sheet
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Dividend
What is Canvest Environmental Protection Group current dividend yield, its reliability and sustainability?
Dividend Score
1/6Dividend Score 1/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
2.71%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1381's dividend (2.71%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.84%).
High Dividend: 1381's dividend (2.71%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.27%).
Stability and Growth of Payments
Stable Dividend: 1381 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1381's dividend payments have increased, but the company has only paid a dividend for 6 years.
Earnings Payout to Shareholders
Earnings Coverage: With its low payout ratio (19.8%), 1381's dividend payments are well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 1381 is paying a dividend but the company has no free cash flows.
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Management
How experienced are the management team and are they aligned to shareholders interests?
7.9yrs
Average management tenure
CEO
Guozhen Yuan (56 yo)
no data
Tenure
HK$2,873,000
Compensation
Mr. Guozhen Yuan serves as the Chief Executive Officer of Canvest Environmental Protection Group Company Limited. Mr. Yuan is responsible for executing the overall strategies and managing the daily operati...
CEO Compensation Analysis
Compensation vs Market: Guozhen's total compensation ($USD366.30K) is below average for companies of similar size in the Hong Kong market ($USD533.44K).
Compensation vs Earnings: Guozhen's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: 1381's management team is seasoned and experienced (7.9 years average tenure).
Board Members
Experienced Board: 1381's board of directors are considered experienced (7.8 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
Canvest Environmental Protection Group Company Limited's employee growth, exchange listings and data sources
Key Information
- Name: Canvest Environmental Protection Group Company Limited
- Ticker: 1381
- Exchange: SEHK
- Founded: 2003
- Industry: Renewable Electricity
- Sector: Utilities
- Implied Market Cap: HK$10.441b
- Shares outstanding: 2.44b
- Website: https://www.canvestenvironment.com
Number of Employees
Location
- Canvest Environmental Protection Group Company Limited
- International Commerce Centre
- Unit 6803B
- Kowloon
- Kowloon
- Hong Kong
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/08/18 00:00 |
End of Day Share Price | 2022/08/18 00:00 |
Earnings | 2021/12/31 |
Annual Earnings | 2021/12/31 |
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.