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Binhai Investment

SEHK:2886
Snowflake Description

Mediocre balance sheet second-rate dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2886
SEHK
HK$1B
Market Cap
  1. Home
  2. HK
  3. Utilities
Company description

Binhai Investment Company Limited, an investment holding company, engages in the construction of gas pipeline networks, provision of connection services, and sale of liquefied petroleum gas (LPG) and piped gas in Hong Kong. The last earnings update was 88 days ago. More info.


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2886 Share Price and Events
7 Day Returns
-0.8%
SEHK:2886
1.7%
HK Gas Utilities
3.9%
HK Market
1 Year Returns
-21.7%
SEHK:2886
5.7%
HK Gas Utilities
-9.3%
HK Market
2886 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Binhai Investment (2886) -0.8% -7% -4% -21.7% -46.9% -74.7%
HK Gas Utilities 1.7% 3% 3.2% 5.7% 74.8% 35.4%
HK Market 3.9% 3.5% -3.6% -9.3% 24.9% 7.4%
1 Year Return vs Industry and Market
  • 2886 underperformed the Gas Utilities industry which returned 5.7% over the past year.
  • 2886 underperformed the Market in Hong Kong which returned -9.3% over the past year.
Price Volatility
2886
Industry
5yr Volatility vs Market

2886 Value

 Is Binhai Investment 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
  • It is not possible to calculate the future cash flow value for Binhai Investment. This is due to cash flow or dividend data being unavailable. The share price is HK$1.19.
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 Binhai Investment's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Binhai Investment's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:2886 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$0.09
SEHK:2886 Share Price ** SEHK (2019-06-21) in HKD HK$1.19
Hong Kong Gas Utilities Industry PE Ratio Median Figure of 13 Publicly-Listed Gas Utilities Companies 17.1x
Hong Kong Market PE Ratio Median Figure of 1,487 Publicly-Listed Companies 10.87x

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

** Primary Listing of Binhai Investment.

SEHK:2886 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:2886 Share Price ÷ EPS (both in HKD)

= 1.19 ÷ 0.09

13.43x

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

  • Binhai Investment is good value based on earnings compared to the HK Gas Utilities industry average.
  • Binhai Investment is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Binhai Investment's expected growth come at a high price?
Raw Data
SEHK:2886 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.43x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
10.3%per year
Hong Kong Gas Utilities Industry PEG Ratio Median Figure of 8 Publicly-Listed Gas Utilities Companies 1.25x
Hong Kong Market PEG Ratio Median Figure of 469 Publicly-Listed Companies 0.78x

*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 Binhai Investment, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Binhai Investment's assets?
Raw Data
SEHK:2886 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$0.80
SEHK:2886 Share Price * SEHK (2019-06-21) in HKD HK$1.19
Hong Kong Gas Utilities Industry PB Ratio Median Figure of 14 Publicly-Listed Gas Utilities Companies 1.38x
Hong Kong Market PB Ratio Median Figure of 2,172 Publicly-Listed Companies 0.94x
SEHK:2886 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:2886 Share Price ÷ Book Value per Share (both in HKD)

= 1.19 ÷ 0.80

1.49x

* Primary Listing of Binhai Investment.

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

  • Binhai Investment is overvalued based on assets compared to the HK Gas Utilities industry average.
X
Value checks
We assess Binhai Investment'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 Gas Utilities 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 Gas Utilities industry average (and greater than 0)? (1 check)
  5. Binhai Investment 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.

2886 Future Performance

 How is Binhai Investment expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

  • No analysts cover Binhai Investment, 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
10.3%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Binhai Investment expected to grow at an attractive rate?
  • Binhai Investment's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Binhai Investment's earnings growth is positive but not above the Hong Kong market average.
  • Binhai Investment's revenue growth is expected to exceed the Hong Kong market average.
Annual Growth Rates Comparison
Raw Data
SEHK:2886 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:2886 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 10.3%
SEHK:2886 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 13%
Hong Kong Gas Utilities Industry Earnings Growth Rate Market Cap Weighted Average 10.2%
Hong Kong Gas Utilities Industry Revenue Growth Rate Market Cap Weighted Average 11.8%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.1%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.4%

*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:2886 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:2886 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 4,892 381 1
2020-12-31 4,291 390 1
2019-12-31 3,761 -39 1
SEHK:2886 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 3,308 780 104
2018-09-30 3,254 674 109
2018-06-30 3,199 568 114
2018-03-31 2,972 544 168
2017-12-31 2,746 521 221
2017-09-30 2,490 476 247
2017-06-30 2,233 430 273
2017-03-31 2,189 436 223
2016-12-31 2,145 442 172
2016-09-30 2,223 440 175
2016-06-30 2,301 439 178
2016-03-31 2,428 449 188

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Binhai Investment's earnings are expected to grow by 10.3% yearly, however this is not considered high growth (20% yearly).
  • Binhai Investment's revenue is expected to grow by 13% yearly, however this is not considered high growth (20% yearly).
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:2886 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Binhai Investment Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2886 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31
2020-12-31
2019-12-31
SEHK:2886 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 0.09
2018-09-30 0.09
2018-06-30 0.10
2018-03-31 0.14
2017-12-31 0.19
2017-09-30 0.21
2017-06-30 0.23
2017-03-31 0.19
2016-12-31 0.15
2016-09-30 0.15
2016-06-30 0.15
2016-03-31 0.16

*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.
  • Binhai Investment is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Binhai Investment'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 Hong Kong 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.
Binhai Investment has a total score of 2/6, 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.

2886 Past Performance

  How has Binhai Investment 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 Binhai Investment's growth in the last year to its industry (Gas Utilities).
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.
  • Binhai Investment's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Binhai Investment's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Binhai Investment's 1-year earnings growth is negative, it can't be compared to the HK Gas Utilities industry average.
Earnings and Revenue History
Binhai Investment'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 Binhai Investment Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2886 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 3,308.03 104.05 210.42
2018-09-30 3,253.52 108.89 261.46
2018-06-30 3,199.01 113.74 202.79
2018-03-31 2,972.35 167.58 196.01
2017-12-31 2,745.69 221.42 298.94
2017-09-30 2,489.53 247.41 224.32
2017-06-30 2,233.38 273.40 149.69
2017-03-31 2,189.29 222.81 150.85
2016-12-31 2,145.19 172.23 152.01
2016-09-30 2,222.95 175.17 152.35
2016-06-30 2,300.70 178.11 152.69
2016-03-31 2,427.73 188.48 155.86
2015-12-31 2,554.76 198.86 159.03
2015-09-30 2,583.59 214.31 164.59
2015-06-30 2,612.42 229.77 170.14
2015-03-31 2,577.83 221.70 161.12
2014-12-31 2,543.24 213.64 152.10
2014-09-30 2,611.47 176.25 163.87
2014-06-30 2,500.05 142.65 163.47
2014-03-31 2,274.83 128.69 161.11
2013-12-31 2,229.13 135.72 167.51
2013-09-30 1,937.36 124.03 160.85
2013-06-30 1,855.64 154.13 140.49
2013-03-31 1,721.78 122.41 146.22
2012-12-31 1,678.09 135.12 133.77
2012-09-30 1,501.42 120.68 108.56
2012-06-30 1,538.47 111.36 107.16

*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.
  • Binhai Investment has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Binhai Investment used its assets less efficiently than the HK Gas Utilities industry average last year based on Return on Assets.
  • Binhai Investment's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Binhai Investment'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 Gas Utilities 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.
Binhai Investment 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.

2886 Health

 How is Binhai Investment'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 Binhai Investment's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Binhai Investment's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Binhai Investment's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Binhai Investment'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 not covered by short term assets, assets are 0.7x 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 Binhai Investment Company Filings, last reported 5 months ago.

SEHK:2886 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,364.86 2,716.81 987.58
2018-09-30 1,364.86 2,716.81 987.58
2018-06-30 1,428.16 3,159.53 1,255.22
2018-03-31 1,428.16 3,159.53 1,255.22
2017-12-31 1,461.84 4,825.08 3,260.66
2017-09-30 1,461.84 4,825.08 3,260.66
2017-06-30 1,367.91 2,002.42 406.66
2017-03-31 1,367.91 2,002.42 406.66
2016-12-31 1,221.86 1,789.74 323.36
2016-09-30 1,221.86 1,789.74 323.36
2016-06-30 1,166.01 1,894.19 569.45
2016-03-31 1,166.01 1,894.19 569.45
2015-12-31 1,179.04 1,794.31 331.18
2015-09-30 1,179.04 1,794.31 331.18
2015-06-30 1,136.43 3,457.34 1,238.75
2015-03-31 1,136.43 3,457.34 1,238.75
2014-12-31 1,083.45 1,823.93 463.24
2014-09-30 1,083.45 1,823.93 463.24
2014-06-30 947.16 1,708.93 504.25
2014-03-31 947.16 1,708.93 504.25
2013-12-31 872.10 1,776.79 685.09
2013-09-30 801.68 1,670.58 670.24
2013-06-30 801.68 1,670.58 670.24
2013-03-31 711.01 1,680.73 818.23
2012-12-31 711.01 1,680.73 818.23
2012-09-30 681.57 865.18 319.79
2012-06-30 629.36 824.73 445.40
  • Binhai Investment's level of debt (199.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (203.5% vs 199.1% today).
  • Debt is well covered by operating cash flow (28.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 3.3x coverage).
X
Financial health checks
We assess Binhai Investment'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. Binhai Investment has a total score of 3/6, 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.

2886 Dividends

 What is Binhai Investment'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
3.78%
Current annual income from Binhai Investment dividends. Estimated to be 7.11% next year.
If you bought HK$2,000 of Binhai Investment shares you are expected to receive HK$76 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?
  • Binhai Investment's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.07%).
  • Binhai Investment's dividend is below the markets top 25% of dividend payers in Hong Kong (5.88%).
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:2886 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 1 Analyst Estimates (S&P Global) See Below
Hong Kong Gas Utilities Industry Average Dividend Yield Market Cap Weighted Average of 11 Stocks 1.8%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 966 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.9%

Industry and Market average data is calculated daily.

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

SEHK:2886 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.10 1.00
2020-12-31 0.08 1.00
2019-12-31 0.07 1.00
SEHK:2886 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2019-03-28 0.045 3.565
2019-03-15 0.045 3.634
2018-03-16 0.055 4.036
2017-04-11 0.050 2.864
2017-03-17 0.050 2.728
2016-04-11 0.050 2.491
2016-03-23 0.050 2.093
2015-09-10 0.000 0.000
2014-04-11 0.050 1.208
2014-03-19 0.050 1.055

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

  • Binhai Investment has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Binhai Investment has only been paying a dividend for 5 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Binhai Investment's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (2x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (3.3x coverage).
X
Income/ dividend checks
We assess Binhai Investment's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 Binhai Investment afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Binhai Investment has a total score of 3/6, see the detailed checks below.


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

2886 Management

 What is the CEO of Binhai Investment'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
Liang Gao
COMPENSATION HK$1,824,000
AGE 51
CEO Bio

Mr. Liang Gao has been Compliance Officer of Binhai Investment Company Limited since February 9, 2010 and serves as its Chief Executive. Mr. Gao has been General Manager and Executive Director of Binhai Investment Company Limited since August 04, 2009. He served as deputy director of the Science Promotion Center of Urban and Rural Development Administrative Committee of Tianjin Municipal for the period from 1993 to 1995 and the deputy director of the Tianjin Municipal Environmental and Hygienic Engineering Design Council for the period from 1995 to 2001. He graduated from Wuhan Urban Construction Institute with a major in environmental hygiene engineering in 1988 and obtained a master of business administration from Nankai University in 2005.

CEO Compensation
  • Liang's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Liang's remuneration is about average for companies of similar size in Hong Kong.
Management Team

Bing Jun Zhang

TITLE
Executive Chairman
COMPENSATION
HK$400K
AGE
55

Liang Gao

TITLE
Chief Executive
COMPENSATION
HK$2M
AGE
51

Ji Hui

TITLE
Chief Financial Officer
AGE
50

Dong Luo

TITLE
Chief Engineer
AGE
56

Long Wang

TITLE
Deputy GM & Secretary
AGE
36
TENURE
0.4 yrs

Wai Yip

TITLE
Company Secretary
TENURE
9.6 yrs
Board of Directors Tenure

Average tenure and age of the Binhai Investment board of directors in years:

10
Average Tenure
52
Average Age
  • The average tenure for the Binhai Investment board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Bing Jun Zhang

TITLE
Executive Chairman
COMPENSATION
HK$400K
AGE
55
TENURE
8.3 yrs

Liang Gao

TITLE
Chief Executive
COMPENSATION
HK$2M
AGE
51
TENURE
9.8 yrs

Japhet Sebastian Law

TITLE
Independent Non-Executive Director
COMPENSATION
HK$264K
AGE
66
TENURE
10.3 yrs

Shing Hing Ip

TITLE
Independent Non-Executive Director
COMPENSATION
HK$264K
AGE
63
TENURE
10.3 yrs

Kevin Lau

TITLE
Independent Non-Executive Director
COMPENSATION
HK$264K
AGE
60
TENURE
10.3 yrs

Gang Wang

TITLE
Non-Executive Director
COMPENSATION
HK$200K
AGE
52
TENURE
15.1 yrs

Jun Zhang

TITLE
Non-Executive Director
COMPENSATION
HK$200K
AGE
51
TENURE
10 yrs

Xiao Lin Shen

TITLE
Non-Executive Director
COMPENSATION
HK$200K
AGE
51
TENURE
8.3 yrs

Ke Xiang Yu

TITLE
Non-Executive Director
COMPENSATION
HK$87K
AGE
47
TENURE
0.9 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess Binhai Investment'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. Binhai Investment 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.

2886 News

Simply Wall St News

What Did Binhai Investment Company Limited's (HKG:2886) CEO Take Home Last Year?

Our data indicates that Binhai Investment Company Limited is worth HK$1.4b, and total annual CEO compensation is HK$1.8m. … SEHK:2886 CEO Compensation, June 17th 2019 Is Binhai Investment Company Limited Growing? … On average over the last three years, Binhai Investment Company Limited has shrunk earnings per share by 14% each year (measured with a line of best fit).

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Easy Come, Easy Go: How Binhai Investment (HKG:2886) Shareholders Got Unlucky And Saw 76% Of Their Cash Evaporate

For example, we sympathize with anyone who was caught holding Binhai Investment Company Limited (HKG:2886) during the five years that saw its share price drop a whopping 76%. … Looking back five years, both Binhai Investment's share price and EPS declined; the latter at a rate of 5.3% per year. … As it happens, Binhai Investment's TSR for the last 5 years was -72%, which exceeds the share price return mentioned earlier.

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Is Binhai Investment Company Limited's (HKG:2886) 7.8% ROE Worse Than Average?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … To keep the lesson grounded in practicality, we'll use ROE to better understand Binhai Investment Company Limited (HKG:2886). … Our data shows Binhai Investment has a return on equity of 7.8% for the last year.

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Is Binhai Investment Company Limited’s (HKG:2886) 10% Return On Capital Employed Good News?

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

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What Is Binhai Investment Company Limited's (HKG:2886) Share Price Doing?

Binhai Investment Company Limited (HKG:2886), which is in the gas utilities business, and is based in Hong Kong,. … As a small cap stock, hardly covered by any analysts, there is generally more of an opportunity for mispricing as there is less activity to push the stock closer to fair value? … Let’s take a look at Binhai Investment’s outlook and value based on the most recent financial data to see if the opportunity still exists

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Does The Binhai Investment Company Limited (HKG:2886) Share Price Tend To Follow The Market?

If you're interested in Binhai Investment Company Limited (HKG:2886), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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Is Binhai Investment Company Limited's (HKG:2886) CEO Pay Justified?

The CEO of Binhai Investment Company Limited (HKG:2886) is Liang Gao. … How Does Liang Gao's Compensation Compare With Similar Sized Companies. … Our data indicates that Binhai Investment Company Limited is worth HK$1.4b, and total annual CEO compensation is HK$1.6m.

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Some Binhai Investment Shareholders Have Taken A Painful 78% Share Price Drop

Anyone who held Binhai Investment Company Limited (HKG:2886) for five years would be nursing their metaphorical wounds since the share price dropped 78% in that time. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … During the five years over which the share price declined, Binhai Investment's earnings per share (EPS) dropped by 3.5% each year.

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Is Binhai Investment Company Limited's (HKG:2886) P/E Ratio Really That Good?

The goal of this article is to teach you how to use price to earnings ratios (P/E ratios). … Binhai Investment has a P/E ratio of 12.39, based on the last twelve months. … Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS)

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Do Directors Own Binhai Investment Company Limited (HKG:2886) Shares?

If you want to know who really controls Binhai Investment Company Limited (HKG:2886), then you'll have to look at the makeup of its share registry. … Binhai Investment is not a large company by global standards. … institutional investors have not yet purchased much of the company

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2886 Company Info

Description

Binhai Investment Company Limited, an investment holding company, engages in the construction of gas pipeline networks, provision of connection services, and sale of liquefied petroleum gas (LPG) and piped gas in Hong Kong. The company operates through Sales of Piped Natural Gas, Gas Construction and Installation Service, Pipeline Transportation Income, and Bottled Natural Gas Sales segments. It also sells piped and bottled natural gas through its pipeline networks to residential and industrial users. In addition, the company is involved in the construction of gas pipelines and installation of appliances to connect customers to pipeline networks under connection contracts to industrial and commercial customers, property developers, and property management companies. As of December 31, 2018, it had a gas pipeline network of approximately 2,644 kilometers. The company was founded in 1994 and is headquartered in Causeway Bay, Hong Kong. Binhai Investment Company Limited is a subsidiary of Teda Hong Kong Property Company Limited.

Details
Name: Binhai Investment Company Limited
2886
Exchange: SEHK
Founded: 1994
HK$1,397,475,250
1,174,348,950
Website: http://www.binhaiinv.com
Address: Binhai Investment Company Limited
Tower Two,
Suites 3205-07, 32nd Floor,
Causeway Bay,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 2886 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 02. Jul 2001
OTCPK BINH.F Ordinary Shares Pink Sheets LLC US USD 02. Jul 2001
DB WS7A Ordinary Shares Deutsche Boerse AG DE EUR 02. Jul 2001
Number of employees
Current staff
Staff numbers
1,708
Binhai Investment employees.
Industry
Gas Utilities
Utilities
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/24 12:50
End of day share price update: 2019/06/21 00:00
Last estimates confirmation: 2019/06/21
Last earnings filing: 2019/03/28
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.