Executive Summary
Canvest Environmental Protection Group Company Limited, an investment holding company, engages in the development, construction, operation, and management of waste-to-energy plants in the People’s Republic of China.
Rewards
Risk Analysis
Snowflake Analysis
Fair value with moderate growth potential.
Share Price & News
How has Canvest Environmental Protection Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1381 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
0.9%
1381
1.8%
HK Renewable Energy
3.7%
HK Market
1 Year Return
-17.4%
1381
-11.2%
HK Renewable Energy
2.4%
HK Market
Return vs Industry: 1381 underperformed the Hong Kong Renewable Energy industry which returned -11.2% over the past year.
Return vs Market: 1381 underperformed the Hong Kong Market which returned 2.4% over the past year.
Shareholder returns
| 1381 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0.9% | 1.8% | 3.7% |
| 30 Day | -3.7% | 2.6% | 4.2% |
| 90 Day | -8.7% | -4.6% | 1.1% |
| 1 Year | -16.1%-17.4% | -8.1%-11.2% | 6.0%2.4% |
| 3 Year | 0.6%-2.6% | -9.6%-18.1% | 25.6%12.9% |
| 5 Year | n/a | -42.2%-51.6% | 23.2%2.5% |
Price Volatility Vs. Market
How volatile is Canvest Environmental Protection Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
These 4 Measures Indicate That Canvest Environmental Protection Group (HKG:1381) Is Using Debt Extensively3 weeks ago | Simply Wall St
Canvest Environmental Protection Group Company Limited (HKG:1381) Earns Among The Best Returns In Its Industry1 month ago | Simply Wall St
Investors Who Bought Canvest Environmental Protection Group (HKG:1381) Shares A Year Ago Are Now Down 20%Valuation
Is Canvest Environmental Protection Group undervalued compared to its fair value and its price relative to the market?
16.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 1381 (HK$3.36) is trading below our estimate of fair value (HK$4.01)
Significantly Below Fair Value: 1381 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 1381 is poor value based on its PE Ratio (9.8x) compared to the Renewable Energy industry average (8.2x).
PE vs Market: 1381 is good value based on its PE Ratio (9.8x) compared to the Hong Kong market (10.3x).
Price to Earnings Growth Ratio
PEG Ratio: 1381 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 1381 is overvalued based on its PB Ratio (1.5x) compared to the HK Renewable Energy industry average (0.5x).
Next Steps
Future Growth
How is Canvest Environmental Protection Group forecast to perform in the next 1 to 3 years based on estimates from 10 analysts?
16.3%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1381's forecast earnings growth (16.3% per year) is above the savings rate (1.6%).
Earnings vs Market: 1381's earnings (16.3% per year) are forecast to grow faster than the Hong Kong market (11.7% per year).
High Growth Earnings: 1381's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1381's revenue (17.5% per year) is forecast to grow faster than the Hong Kong market (10.3% per year).
High Growth Revenue: 1381's revenue (17.5% per year) is forecast to grow slower than 20% 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 (16.6%).
Next Steps
Past Performance
How has Canvest Environmental Protection Group performed over the past 5 years?
32.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1381 has high quality earnings.
Growing Profit Margin: 1381's current net profit margins (20.8%) are lower than last year (25.7%).
Past Earnings Growth Analysis
Earnings Trend: 1381's earnings have grown significantly by 32.6% per year over the past 5 years.
Accelerating Growth: 1381's earnings growth over the past year (27.6%) is below its 5-year average (32.6% per year).
Earnings vs Industry: 1381 earnings growth over the past year (27.6%) exceeded the Renewable Energy industry 5.6%.
Return on Equity
High ROE: 1381's Return on Equity (15.1%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Canvest Environmental Protection Group's financial position?
Financial Position Analysis
Short Term Liabilities: 1381's short term assets (HK$2.0B) exceed its short term liabilities (HK$1.9B).
Long Term Liabilities: 1381's short term assets (HK$2.0B) do not cover its long term liabilities (HK$4.6B).
Debt to Equity History and Analysis
Debt Level: 1381's debt to equity ratio (82.5%) is considered high.
Reducing Debt: 1381's debt to equity ratio has reduced from 83.2% to 82.5% 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 (5.9x coverage).
Balance Sheet
Inventory Level: 1381 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 1381's debt is not covered by short term assets (assets are 0.4x debt).
Next Steps
Dividend
What is Canvest Environmental Protection Group's current dividend yield, its reliability and sustainability?
1.37%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 1381's dividend (1.37%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.22%).
High Dividend: 1381's dividend (1.37%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.17%).
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 3 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (17.3%), 1381's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1381's dividends in 3 years are forecast to be well covered by earnings (17.5% payout ratio).
Next Steps
Management
What is the CEO of Canvest Environmental Protection Group's salary, the management and board of directors tenure and is there insider trading?
5.3yrs
Average management tenure
CEO
Guozhen Yuan (53yo)
0yrs
Tenure
HK$2,515,000
Compensation
Mr. Guozhen Yuan serves as the Chief Executive Officer of Canvest Environmental Protection Group Company Limited. Mr. Yuan is responsible for executing the overall strategies and managing the daily operati ...
CEO Compensation Analysis
Compensation vs Market: Guozhen's total compensation ($USD322.67K) is below average for companies of similar size in the Hong Kong market ($USD477.59K).
Compensation vs Earnings: Guozhen's compensation has been consistent with company performance over the past year.
Management Age and Tenure
5.3yrs
Average Tenure
45yo
Average Age
Experienced Management: 1381's management team is seasoned and experienced (5.3 years average tenure).
Board Age and Tenure
5.3yrs
Average Tenure
44.5yo
Average Age
Experienced Board: 1381's board of directors are considered experienced (5.3 years average tenure).
Insider Trading
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.
Management Team
Loretta Lee (44yo)
Chairlady
- Tenure: 5.3yrs
- Compensation: HK$3.82m
Li Jianwen Lai (40yo)
Deputy Chairman
- Tenure: 5.3yrs
- Compensation: HK$630.00k
Guozhen Yuan (53yo)
CEO & Executive Director
- Tenure: 0yrs
- Compensation: HK$2.52m
Chun Tung Lai (45yo)
Executive Director
- Tenure: 5.3yrs
- Compensation: HK$6.03m
Lisa Wong (46yo)
CFO & Company Secretary
- Tenure: 6.5yrs
Lanqun Song (52yo)
VP & Chief Engineer
- Tenure: 5.3yrs
Bo Chen (43yo)
VP & Chief Engineer
- Tenure: 5.3yrs
Board Members
Jason Chan (46yo)
Independent Non-Executive Director
- Tenure: 5yrs
- Compensation: HK$240.00k
Zhenquan Sha (59yo)
Independent & Non-Executive Director
- Tenure: 5yrs
- Compensation: HK$180.00k
Jun Feng (56yo)
Non-Executive Director
- Tenure: 2.8yrs
Loretta Lee (44yo)
Chairlady
- Tenure: 5.3yrs
- Compensation: HK$3.82m
Li Jianwen Lai (40yo)
Deputy Chairman
- Tenure: 5.3yrs
- Compensation: HK$630.00k
Guozhen Yuan (53yo)
CEO & Executive Director
- Tenure: 0yrs
- Compensation: HK$2.52m
Chun Tung Lai (45yo)
Executive Director
- Tenure: 5.3yrs
- Compensation: HK$6.03m
Alexander Lui (40yo)
Non-Executive Director
- Tenure: 5.3yrs
- Compensation: HK$180.00k
Yui Lai (44yo)
Non-Executive Director
- Tenure: 5.3yrs
- Compensation: HK$180.00k
Wing Yin Chung (42yo)
Independent & Non-Executive Director
- Tenure: 5yrs
- Compensation: HK$180.00k
Company Information
Canvest Environmental Protection Group Company Limited's company bio, 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
- Market Cap: HK$8.197b
- Shares outstanding: 2.44b
- Website: https://www.canvestenvironment.com
Number of Employees
Location
- Canvest Environmental Protection Group Company Limited
- Unit 6803B, International Commerce Centre
- Level 68
- Kowloon
- Kowloon
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1381 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Dec 2014 |
| 0XC | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 2014 |
| 1381 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Dec 2014 |
Biography
Canvest Environmental Protection Group Company Limited, an investment holding company, engages in the development, construction, operation, and management of waste-to-energy plants in the People’s Republic ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/15 13:10 |
| End of Day Share Price | 2019/12/13 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.