CHIN

Chin Hin Group BerhadKLSE:CHINHIN Stock Report

Market Cap

RM1.2b

7D

0.8%

1Y

40.4%

Updated

20 Sep, 2021

Data

Company Financials +
CHINHIN fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance4/6
Financial Health4/6
Dividends1/6

CHINHIN Overview

Chin Hin Group Berhad provides building materials and services.

Chin Hin Group Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Chin Hin Group Berhad
Historical stock prices
Current Share PriceRM1.31
52 Week HighRM0.88
52 Week LowRM1.43
Beta0.58
1 Month Change0.77%
3 Month Change9.17%
1 Year Change40.36%
3 Year Change162.00%
5 Year Change114.75%
Change since IPO139.63%

Recent News & Updates

Jul 23
There Are Reasons To Feel Uneasy About Chin Hin Group Berhad's (KLSE:CHINHIN) Returns On Capital

There Are Reasons To Feel Uneasy About Chin Hin Group Berhad's (KLSE:CHINHIN) Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term...

May 20
Chin Hin Group Berhad (KLSE:CHINHIN) Seems To Be Using A Lot Of Debt

Chin Hin Group Berhad (KLSE:CHINHIN) Seems To Be Using A Lot Of Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

CHINHINMY Trade DistributorsMY Market
7D0.8%1.1%-1.0%
1Y40.4%-3.9%5.9%

Return vs Industry: CHINHIN exceeded the MY Trade Distributors industry which returned -3.9% over the past year.

Return vs Market: CHINHIN exceeded the MY Market which returned 5.9% over the past year.

Price Volatility

Is CHINHIN's price volatile compared to industry and market?
CHINHIN volatility
CHINHIN Beta0.58
Industry Beta0.95
Market Beta1

Stable Share Price: CHINHIN is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CHINHIN's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1974n/aHaw Choon Chiauhttps://www.chinhingroup.com

Chin Hin Group Berhad provides building materials and services. It operates through seven segments: Investment Holding and Management Services; Manufacturing of Fire Rated Door; Distribution of Building Materials and Provision of Logistics; Ready-Mixed Concrete; Manufacturing of AAC and Precast Concrete Products; Manufacturing of Wire Mesh and Metal Roofing Systems; and Modular Building Solutions. The company trades in cement, concrete, roofing, and steel products; bricks and pavers; finishing and interior products; ceiling and corrugated sheets; wood products; tiles; installation and storage products; and sanitary products.

Chin Hin Group Berhad Fundamentals Summary

How do Chin Hin Group Berhad's earnings and revenue compare to its market cap?
CHINHIN fundamental statistics
Market CapRM1.16b
Earnings (TTM)RM31.13m
Revenue (TTM)RM1.12b

37.2x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CHINHIN income statement (TTM)
RevenueRM1.12b
Cost of RevenueRM1.03b
Gross ProfitRM95.02m
ExpensesRM63.89m
EarningsRM31.13m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.041
Gross Margin8.48%
Net Profit Margin2.78%
Debt/Equity Ratio96.2%

How did CHINHIN perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

16%

Payout Ratio

Valuation

Is Chin Hin Group Berhad 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: CHINHIN (MYR1.31) is trading below our estimate of fair value (MYR10.61)

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


Price To Earnings Ratio

PE vs Industry: CHINHIN is poor value based on its PE Ratio (37.2x) compared to the MY Trade Distributors industry average (13.5x).

PE vs Market: CHINHIN is poor value based on its PE Ratio (37.2x) compared to the MY market (16.4x).


Price to Earnings Growth Ratio

PEG Ratio: CHINHIN is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: CHINHIN is overvalued based on its PB Ratio (2.5x) compared to the MY Trade Distributors industry average (0.9x).


Future Growth

How is Chin Hin Group Berhad forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

30.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CHINHIN's forecast earnings growth (30.1% per year) is above the savings rate (3.6%).

Earnings vs Market: CHINHIN's earnings (30.1% per year) are forecast to grow faster than the MY market (10.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: CHINHIN's revenue (10.4% per year) is forecast to grow faster than the MY market (6.4% per year).

High Growth Revenue: CHINHIN's revenue (10.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CHINHIN's Return on Equity is forecast to be low in 3 years time (7.8%).


Past Performance

How has Chin Hin Group Berhad performed over the past 5 years?

-12.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CHINHIN has high quality earnings.

Growing Profit Margin: CHINHIN's current net profit margins (2.8%) are higher than last year (1.9%).


Past Earnings Growth Analysis

Earnings Trend: CHINHIN's earnings have declined by 12.3% per year over the past 5 years.

Accelerating Growth: CHINHIN's earnings growth over the past year (78.9%) exceeds its 5-year average (-12.3% per year).

Earnings vs Industry: CHINHIN earnings growth over the past year (78.9%) exceeded the Trade Distributors industry 50.2%.


Return on Equity

High ROE: CHINHIN's Return on Equity (6.2%) is considered low.


Financial Health

How is Chin Hin Group Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: CHINHIN's short term assets (MYR500.0M) do not cover its short term liabilities (MYR582.5M).

Long Term Liabilities: CHINHIN's short term assets (MYR500.0M) exceed its long term liabilities (MYR77.8M).


Debt to Equity History and Analysis

Debt Level: CHINHIN's debt to equity ratio (96.2%) is considered high.

Reducing Debt: CHINHIN's debt to equity ratio has reduced from 100.7% to 96.2% over the past 5 years.

Debt Coverage: CHINHIN's debt is well covered by operating cash flow (32%).

Interest Coverage: CHINHIN's interest payments on its debt are well covered by EBIT (3.6x coverage).


Balance Sheet


Dividend

What is Chin Hin Group Berhad current dividend yield, its reliability and sustainability?

1.02%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CHINHIN's dividend (1.02%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.54%).

High Dividend: CHINHIN's dividend (1.02%) is low compared to the top 25% of dividend payers in the MY market (4.16%).


Stability and Growth of Payments

Stable Dividend: CHINHIN has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: CHINHIN has only been paying a dividend for 5 years, and since then payments have fallen.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16.1%), CHINHIN's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.7yrs

Average management tenure


CEO

Haw Choon Chiau (37 yo)

no data

Tenure

RM1,528,792

Compensation

Mr. Haw Choon Chiau serves as Executive Director at Signature International Berhad since March 08, 2021. He has been Group Managing Director of Chin Hin Group Berhad since 2009. Mr. Chiau is responsible fo...


CEO Compensation Analysis

Compensation vs Market: Haw Choon's total compensation ($USD366.48K) is above average for companies of similar size in the MY market ($USD183.58K).

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


Leadership Team

Experienced Management: CHINHIN's management team is seasoned and experienced (5.7 years average tenure).


Board Members

Experienced Board: CHINHIN's board of directors are considered experienced (5.3 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 been diluted in the past year, with total shares outstanding growing by 6%.


Top Shareholders

Company Information

Chin Hin Group Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Chin Hin Group Berhad
  • Ticker: CHINHIN
  • Exchange: KLSE
  • Founded: 1974
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: RM1.159b
  • Shares outstanding: 884.71m
  • Website: https://www.chinhingroup.com

Number of Employees


Location

  • Chin Hin Group Berhad
  • A-1-9, Pusat Perdagangan Kuchai
  • No.2, Jalan 1/127
  • Kuala Lumpur
  • Wilayah Persekutuan
  • 58200
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 15:32
End of Day Share Price2021/09/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.