Hwa Hong Corporation Limited, an investment holding company, engages in the investment, development, and rental of properties in Singapore and the United Kingdom.
Price History & Performance
|Historical stock prices|
|Current Share Price||S$0.34|
|52 Week High||S$0.26|
|52 Week Low||S$0.36|
|1 Month Change||3.03%|
|3 Month Change||17.24%|
|1 Year Change||21.43%|
|3 Year Change||13.33%|
|5 Year Change||11.48%|
|Change since IPO||-7.48%|
Recent News & Updates
We Think Hwa Hong (SGX:H19) Has A Fair Chunk Of Debt
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Is Hwa Hong (SGX:H19) A Risky Investment?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Estimating The Fair Value Of Hwa Hong Corporation Limited (SGX:H19)
Does the April share price for Hwa Hong Corporation Limited ( SGX:H19 ) reflect what it's really worth? Today, we will...
|H19||SG Real Estate||SG Market|
Return vs Industry: H19 underperformed the SG Real Estate industry which returned 24% over the past year.
Return vs Market: H19 underperformed the SG Market which returned 22.7% over the past year.
Stable Share Price: H19 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: H19's weekly volatility (7%) has been stable over the past year.
About the Company
|1952||n/a||Eng Yaw Ong||https://www.hwahongcorp.com|
Hwa Hong Corporation Limited, an investment holding company, engages in the investment, development, and rental of properties in Singapore and the United Kingdom. It operates in three segments: Rental, Investments, and Corporate and Others. The company is involved in the leasing of residential and commercial properties; provision of real estate investment advisory services; and ownership of warehouse for rental and storage, as well as packing and trading of edible oils.
Hwa Hong Fundamentals Summary
|H19 fundamental statistics|
Is H19 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|H19 income statement (TTM)|
|Cost of Revenue||S$4.35m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.0094|
|Net Profit Margin||55.73%|
How did H19 perform over the long term?See historical performance and comparison
2.9%Current Dividend Yield
Is Hwa Hong undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: H19 (SGD0.34) is trading above our estimate of fair value (SGD0.11)
Significantly Below Fair Value: H19 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: H19 is poor value based on its PE Ratio (36.1x) compared to the SG Real Estate industry average (13.9x).
PE vs Market: H19 is poor value based on its PE Ratio (36.1x) compared to the SG market (13.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate H19's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: H19 is overvalued based on its PB Ratio (1.2x) compared to the SG Real Estate industry average (0.5x).
How is Hwa Hong forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 Hwa Hong 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.
How has Hwa Hong performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: H19 has a large one-off gain of SGD10.6M impacting its June 30 2021 financial results.
Growing Profit Margin: H19's current net profit margins (55.7%) are higher than last year (19.8%).
Past Earnings Growth Analysis
Earnings Trend: H19's earnings have declined by 15.1% per year over the past 5 years.
Accelerating Growth: H19's earnings growth over the past year (103.7%) exceeds its 5-year average (-15.1% per year).
Earnings vs Industry: H19 earnings growth over the past year (103.7%) exceeded the Real Estate industry 16.8%.
Return on Equity
High ROE: H19's Return on Equity (3.4%) is considered low.
How is Hwa Hong's financial position?
Financial Position Analysis
Short Term Liabilities: H19's short term assets (SGD72.0M) do not cover its short term liabilities (SGD90.2M).
Long Term Liabilities: H19's short term assets (SGD72.0M) exceed its long term liabilities (SGD15.4M).
Debt to Equity History and Analysis
Debt Level: H19's debt to equity ratio (48.2%) is considered high.
Reducing Debt: H19's debt to equity ratio has increased from 36.7% to 48.2% over the past 5 years.
Debt Coverage: H19's debt is not well covered by operating cash flow (3.6%).
Interest Coverage: Insufficient data to determine if H19's interest payments on its debt are well covered by EBIT.
What is Hwa Hong current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: H19's dividend (2.94%) is higher than the bottom 25% of dividend payers in the SG market (1.94%).
High Dividend: H19's dividend (2.94%) is low compared to the top 25% of dividend payers in the SG market (5.21%).
Stability and Growth of Payments
Stable Dividend: H19's dividend payments have been volatile in the past 10 years.
Growing Dividend: H19's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (101.1%), H19's dividend payments are not 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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Eng Yaw Ong (49 yo)
Mr. Eng Yaw Ong, LLB (2nd Class Upper Div.), M Sc (Invt. Management), MBA, serves as President, Secretary, Treasurer and Director of Shorea Capital (Delaware), Inc. Mr. Ong serves as Acting Group Managing...
Experienced Management: H19's management team is considered experienced (4.9 years average tenure).
Experienced Board: H19's board of directors are not considered experienced ( 1.4 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hwa Hong Corporation Limited's employee growth, exchange listings and data sources
- Name: Hwa Hong Corporation Limited
- Ticker: H19
- Exchange: SGX
- Founded: 1952
- Industry: Real Estate Operating Companies
- Sector: Real Estate
- Market Cap: S$221.905m
- Shares outstanding: 652.66m
- Website: https://www.hwahongcorp.com
- Hwa Hong Corporation Limited
- 38 South Bridge Road
- Road No. 04-01
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:39|
|End of Day Share Price||2021/10/25 00:00|
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.