Pan Hong Holdings Group
Market Cap
S$51.2m
Last Updated
2020/02/28 12:48 UTC
Data Sources
Company Financials
Executive Summary
Pan Hong Holdings Group Limited, an investment holding company, engages in the investment and development of residential and commercial properties in the People’s Republic of China.
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet, good value and pays a dividend.
Share Price & News
How has Pan Hong Holdings Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: P36's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-5.0%
P36
-4.3%
SG Real Estate
-2.8%
SG Market
1 Year Return
6.7%
P36
-10.0%
SG Real Estate
-4.7%
SG Market
Return vs Industry: P36 exceeded the SG Real Estate industry which returned -10% over the past year.
Return vs Market: P36 exceeded the SG Market which returned -4.7% over the past year.
Shareholder returns
| P36 | Industry | Market | |
|---|---|---|---|
| 7 Day | -5.0% | -4.3% | -2.8% |
| 30 Day | -20.0% | -3.9% | -2.5% |
| 90 Day | n/a | -4.6% | -3.3% |
| 1 Year | 23.1%6.7% | -7.2%-10.0% | -0.8%-4.7% |
| 3 Year | -28.5%-48.7% | -8.2%-15.4% | 5.2%-5.9% |
| 5 Year | 25.3%-21.3% | -10.3%-21.8% | 6.9%-11.1% |
Price Volatility Vs. Market
How volatile is Pan Hong Holdings Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Does Pan Hong Holdings Group Limited (SGX:P36) Have A Place In Your Dividend Portfolio?1 month ago | Simply Wall St
Calculating The Intrinsic Value Of Pan Hong Holdings Group Limited (SGX:P36)2 months ago | Simply Wall St
We're Not Counting On Pan Hong Holdings Group (SGX:P36) To Sustain Its Statutory ProfitabilityValuation
Is Pan Hong Holdings Group undervalued compared to its fair value and its price relative to the market?
18.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: P36 (SGD0.1) is trading below our estimate of fair value (SGD0.12)
Significantly Below Fair Value: P36 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: P36 is good value based on its PE Ratio (1.3x) compared to the Real Estate industry average (11.1x).
PE vs Market: P36 is good value based on its PE Ratio (1.3x) compared to the SG market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate P36's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: P36 is good value based on its PB Ratio (0.3x) compared to the SG Real Estate industry average (0.5x).
Next Steps
Future Growth
How is Pan Hong Holdings Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
1.0%
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 Pan Hong Holdings Group 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.
Next Steps
- Examine whether Pan Hong Holdings Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Pan Hong Holdings Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
Past Performance
How has Pan Hong Holdings Group performed over the past 5 years?
11.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: P36 has a high level of non-cash earnings.
Growing Profit Margin: P36 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: P36's earnings have grown by 11.3% per year over the past 5 years.
Accelerating Growth: P36 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: P36 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Real Estate industry (-23.1%).
Return on Equity
High ROE: P36's Return on Equity (24.8%) is considered high.
Next Steps
Financial Health
How is Pan Hong Holdings Group's financial position?
Financial Position Analysis
Short Term Liabilities: P36's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥1.2B).
Long Term Liabilities: P36's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥3.8M).
Debt to Equity History and Analysis
Debt Level: P36's debt to equity ratio (6.2%) is considered satisfactory.
Reducing Debt: P36's debt to equity ratio has reduced from 66.1% to 6.2% over the past 5 years.
Debt Coverage: P36's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: P36 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: P36 has a high level of physical assets or inventory.
Debt Coverage by Assets: P36's debt is covered by short term assets (assets are 38.6x debt).
Next Steps
Dividend
What is Pan Hong Holdings Group's current dividend yield, its reliability and sustainability?
10.41%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: P36's dividend (10.41%) is higher than the bottom 25% of dividend payers in the SG market (2.62%).
High Dividend: P36's dividend (10.41%) is in the top 25% of dividend payers in the SG market (5.69%)
Stability and Growth of Payments
Stable Dividend: P36's dividend payments have been volatile in the past 10 years.
Growing Dividend: P36's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20.7%), P36'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?
5.4yrs
Average management tenure
CEO
Lam Ping Wong (64yo)
14.1yrs
Tenure
Mr. Lam Ping Wong founded Pan Hong Holdings Group Limited and serves as its Chief Executive Officer and Executive Chairman since January 3, 2006. Mr. Wong is responsible for the formulation and execution o ...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 14.1yrs | no data | 5.08% CN¥2.6m | |
| Group Financial Controller & Company Secretary | 1.5yrs | no data | no data | |
| Group Human Resources Manager | 0yrs | no data | no data | |
| Executive Director | 13.5yrs | no data | 0.13% CN¥69.0k | |
| Company Secretary | 5.4yrs | no data | no data |
5.4yrs
Average Tenure
Experienced Management: P36's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 14.1yrs | no data | 5.08% CN¥2.6m | |
| Executive Director | 13.5yrs | no data | 0.13% CN¥69.0k | |
| Independent Non-Executive Director | 13.5yrs | no data | no data | |
| Lead Independent Director | 0yrs | no data | no data | |
| Non-Executive & Non-Independent Director | 13.5yrs | no data | no data | |
| Independent Non-Executive Director | 13.5yrs | no data | no data |
13.5yrs
Average Tenure
65yo
Average Age
Experienced Board: P36's board of directors are seasoned and experienced ( 13.5 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Pan Hong Holdings Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Pan Hong Holdings Group Limited
- Ticker: P36
- Exchange: SGX
- Founded: 2005
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: S$51.231m
- Shares outstanding: 512.31m
- Website: https://www.pan-hong.com
Number of Employees
Location
- Pan Hong Holdings Group Limited
- Hunghom Commercial Centre, Tower B
- Room 1214, 12th Floor
- Hunghom
- Kowloon
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| P36 | SGX (Singapore Exchange) | Yes | Ordinary Shares | SG | SGD | Sep 2006 |
Biography
Pan Hong Holdings Group Limited, an investment holding company, engages in the investment and development of residential and commercial properties in the People’s Republic of China. It is also involved in the operation and management of hotels; the provision of property consultation services; and general trading and consultancy services businesses. The company was formerly known as Pan Hong Property Group Limited and changed its name to Pan Hong Holdings Group Limited in September 2015. The company was incorporated in 2005 and is headquartered in Hunghom, Hong Kong. Pan Hong Holdings Group Limited is a subsidiary of Extra Good Enterprises Limited.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/28 12:48 |
| End of Day Share Price | 2020/02/28 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.