SGX:BEH

Stock Analysis Report

China International Holdings

Executive Summary

China International Holdings Limited, an investment holding company, engages in the water supply services and land development businesses in the People’s Republic of China.


Snowflake Analysis

Undervalued with solid track record.

Share Price & News

How has China International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BEH's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.9%

BEH

0.6%

SG Water Utilities

-4.9%

SG Market


1 Year Return

n/a

BEH

-16.4%

SG Water Utilities

-29.0%

SG Market

Return vs Industry: Insufficient data to determine how BEH performed against the SG Water Utilities industry.

Return vs Market: Insufficient data to determine how BEH performed against the SG Market.


Shareholder returns

BEHIndustryMarket
7 Day6.9%0.6%-4.9%
30 Day-16.6%-7.8%-22.2%
90 Day-43.9%-8.6%-27.6%
1 Yearn/a-14.0%-16.4%-26.0%-29.0%
3 Year-25.6%-65.5%-21.4%-26.9%-21.3%-29.7%
5 Year-36.5%-70.5%-32.9%-39.1%-20.3%-33.9%

Price Volatility Vs. Market

How volatile is China International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is China International Holdings 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: BEH (SGD0.16) is trading below our estimate of fair value (SGD1.91)

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


Price To Earnings Ratio

PE vs Industry: BEH is good value based on its PE Ratio (3.1x) compared to the Water Utilities industry average (13x).

PE vs Market: BEH is good value based on its PE Ratio (3.1x) compared to the SG market (10.2x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BEH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BEH is good value based on its PB Ratio (0.2x) compared to the XA Water Utilities industry average (1.1x).


Next Steps

Future Growth

How is China International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.0%

Forecasted Utilities 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 China International 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

Past Performance

How has China International Holdings performed over the past 5 years?

43.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BEH has high quality earnings.

Growing Profit Margin: BEH's current net profit margins (29.4%) are higher than last year (8%).


Past Earnings Growth Analysis

Earnings Trend: BEH has become profitable over the past 5 years, growing earnings by 43.3% per year.

Accelerating Growth: BEH's earnings growth over the past year (159.1%) exceeds its 5-year average (43.3% per year).

Earnings vs Industry: BEH earnings growth over the past year (159.1%) exceeded the Water Utilities industry 9.8%.


Return on Equity

High ROE: BEH's Return on Equity (5.9%) is considered low.


Next Steps

Financial Health

How is China International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: BEH's short term assets (CN¥360.0M) exceed its short term liabilities (CN¥257.4M).

Long Term Liabilities: BEH's short term assets (CN¥360.0M) exceed its long term liabilities (CN¥96.7M).


Debt to Equity History and Analysis

Debt Level: BEH's debt to equity ratio (23.8%) is considered satisfactory.

Reducing Debt: BEH's debt to equity ratio has reduced from 72% to 23.8% over the past 5 years.


Balance Sheet

Inventory Level: BEH has a high level of physical assets or inventory.

Debt Coverage by Assets: BEH's debt is covered by short term assets (assets are 3.4x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: BEH is profitable, therefore cash runway is not a concern.

Forecast Cash Runway: BEH is profitable, therefore cash runway is not a concern.


Next Steps

Dividend

What is China International Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate BEH's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate BEH's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if BEH's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if BEH's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BEH is not paying a notable dividend for the SG market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BEH's dividend in 3 years as they are not forecast to pay a notable one for the SG market.


Next Steps

Management

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

7.4yrs

Average management tenure


CEO

Patrick Zhang (56yo)

18.33s

Tenure

Mr. Rong Xiang Zhang, also known as Patrick, Founded of China International Holdings Limited and has been its Managing Director since December 4, 2001. Mr. Zhang has more than 19 years of experience in con ...


Leadership Team

NamePositionTenureCompensationOwnership
Rong Zhang
Founder18.33yrsno data0.30% CN¥33.7k
Xia Shen
CFO & Executive Director9.92yrsno datano data
Jun Zhu
Executive Director16.83yrsno datano data
Kwee Yee Teo
Company Secretary7.42yrsno datano data
Kok Wah Tan
Advisor of Chairmanno datano datano data

7.4yrs

Average Tenure

56yo

Average Age

Experienced Management: BEH's management team is seasoned and experienced (7.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rong Zhang
Founder18.33yrsno data0.30% CN¥33.7k
Xia Shen
CFO & Executive Director9.92yrsno datano data
Jun Zhu
Executive Director16.83yrsno datano data
Teck Kwong Chee
Independent Non-Executive Director11.83yrsno datano data
Chang Shan
Non-Executive Chairman21.42yrsno datano data
Woon Teo
Independent Director4.83yrsno datano data

14.3yrs

Average Tenure

57.5yo

Average Age

Experienced Board: BEH's board of directors are seasoned and experienced ( 14.3 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

China International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: China International Holdings Limited
  • Ticker: BEH
  • Exchange: SGX
  • Founded:
  • Industry: Water Utilities
  • Sector: Utilities
  • Market Cap: S$11.397m
  • Shares outstanding: 71.23m
  • Website: https://www.cihgrp.net

Location

  • China International Holdings Limited
  • Webok Time Centre
  • Floor 21, Tower C
  • Beijing
  • 100081
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BEHSGX (Singapore Exchange)YesOrdinary SharesSGSGDNov 1999

Biography

China International Holdings Limited, an investment holding company, engages in the water supply services and land development businesses in the People’s Republic of China. The company’s Water Supply Services segment constructs water pipelines and supplies gray water. Its Land Development segment provides engineering and land leveling services for preliminary land development projects. The company also invests in properties. China International Holdings Limited is based in Beijing, the People’s Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/03 12:44
End of Day Share Price2020/04/03 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.