Choo Chiang Holdings
Market Cap
S$45.7m
Last Updated
2021/02/27 11:07 UTC
Data Sources
Company Financials
Executive Summary
Choo Chiang Holdings Ltd., an investment holding company, engages in the retail and distribution of electrical products and accessories in Singapore. More Details
Risk Analysis
Snowflake Analysis
Flawless balance sheet unattractive dividend payer.
Share Price & News
How has Choo Chiang Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: Insufficient data to determine 42E's volatility over the past 3 months.
Volatility Over Time: Insufficient data to determine 42E's volatility change over the past year.
Market Performance
7 Day Return
0%
42E
4.9%
SG Specialty Retail
1.4%
SG Market
1 Year Return
-12.0%
42E
12.9%
SG Specialty Retail
-3.9%
SG Market
Return vs Industry: 42E underperformed the SG Specialty Retail industry which returned 12.9% over the past year.
Return vs Market: 42E underperformed the SG Market which returned -3.9% over the past year.
Shareholder returns
| 42E | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 4.9% | 1.4% |
| 30 Day | -8.3% | 5.8% | -0.8% |
| 90 Day | -2.2% | 11.9% | 4.2% |
| 1 Year | -7.9%-12.0% | 18.5%12.9% | 1.2%-3.9% |
| 3 Year | -22.4%-31.3% | 17.2%3.9% | -8.2%-19.5% |
| 5 Year | -29.0%-39.7% | -6.4%-18.7% | 14.9%-6.1% |
Long-Term Price Volatility Vs. Market
How volatile is Choo Chiang Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Choo Chiang Holdings undervalued compared to its fair value and its price relative to the market?
15.49x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 42E (SGD0.22) is trading above our estimate of fair value (SGD0.07)
Significantly Below Fair Value: 42E is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 42E is poor value based on its PE Ratio (15.5x) compared to the SG Specialty Retail industry average (10.3x).
PE vs Market: 42E is poor value based on its PE Ratio (15.5x) compared to the SG market (14.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 42E's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 42E's PB Ratio (1x) is in line with the SG Specialty Retail industry average.
Next Steps
Future Growth
How is Choo Chiang Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
24.6%
Forecasted Retail 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 Choo Chiang Holdings 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 Choo Chiang Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Explore growth companies in the Retail industry.
Past Performance
How has Choo Chiang Holdings performed over the past 5 years?
-3.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 42E has high quality earnings.
Growing Profit Margin: 42E's current net profit margins (5.6%) are lower than last year (7.9%).
Past Earnings Growth Analysis
Earnings Trend: 42E's earnings have declined by 3.2% per year over the past 5 years.
Accelerating Growth: 42E's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 42E had negative earnings growth (-41.3%) over the past year, making it difficult to compare to the Specialty Retail industry average (-4.9%).
Return on Equity
High ROE: 42E's Return on Equity (6.2%) is considered low.
Next Steps
Financial Health
How is Choo Chiang Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 42E's short term assets (SGD38.0M) exceed its short term liabilities (SGD11.1M).
Long Term Liabilities: 42E's short term assets (SGD38.0M) exceed its long term liabilities (SGD3.0M).
Debt to Equity History and Analysis
Debt Level: 42E is debt free.
Reducing Debt: 42E has no debt compared to 5 years ago when its debt to equity ratio was 21.3%.
Debt Coverage: 42E has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 42E has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Choo Chiang Holdings's current dividend yield, its reliability and sustainability?
2.73%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 42E's dividend (2.73%) is higher than the bottom 25% of dividend payers in the SG market (1.99%).
High Dividend: 42E's dividend (2.73%) is low compared to the top 25% of dividend payers in the SG market (4.92%).
Stability and Growth of Payments
Stable Dividend: 42E has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 42E has only been paying a dividend for 5 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.7%), 42E'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?
5.2yrs
Average management tenure
CEO
Thomas Lim (64 yo)
6.42yrs
Tenure
Mr. Teck Chuan Lim, also known as Thomas, has been the Executive Chairman and Chief Executive Officer of Choo Chiang Holdings Ltd. since September 5, 2014. Mr. Lim is responsible for the overall management...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Chairman | 6.42yrs | no data | no data | |
| CFO & Company Secretary | 4yrs | no data | 0.36% SGD 166.5k | |
| Administrative Manager | 29.83yrs | no data | no data | |
| Head of Sales (Retail) | 1yr | no data | no data | |
| Executive Director | 6.42yrs | no data | 7.13% SGD 3.3m | |
| Company Secretary | no data | no data | no data |
5.2yrs
Average Tenure
50yo
Average Age
Experienced Management: 42E's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Chairman | 6.42yrs | no data | no data | |
| Executive Director | 6.42yrs | no data | 7.13% SGD 3.3m | |
| Independent Director | 2.25yrs | no data | no data | |
| Independent Director | 2.5yrs | no data | no data | |
| Lead Independent Director | 2.25yrs | no data | 0.063% SGD 28.6k |
2.5yrs
Average Tenure
50yo
Average Age
Experienced Board: 42E's board of directors are not considered experienced ( 2.5 years average tenure), which suggests a new board.
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 not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Choo Chiang Holdings Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Choo Chiang Holdings Ltd.
- Ticker: 42E
- Exchange: Catalist
- Founded: 2014
- Industry: Home Improvement Retail
- Sector: Retail
- Market Cap: S$45.732m
- Shares outstanding: 207.87m
- Website: https://www.ccm.sg
Number of Employees
Location
- Choo Chiang Holdings Ltd.
- 10 Woodlands Loop
- Singapore
- 738388
- Singapore
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 42E | Catalist (Singapore Exchange Catalist Market) | Yes | Ordinary Shares | SG | SGD | Jul 2015 |
Biography
Choo Chiang Holdings Ltd., an investment holding company, engages in the retail and distribution of electrical products and accessories in Singapore. It operates through two segments, Distribution Business...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/27 11:07 |
| End of Day Share Price | 2021/02/02 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.