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1268

Hi-Lai FoodsTPEX:1268 Stock Report

Market Cap

NT$4.5b

7D

-2.0%

1Y

-4.7%

Updated

26 Oct, 2021

Data

Company Financials
1268 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends2/6

1268 Overview

Hi-Lai Foods Co., Ltd operates restaurants in Taiwan.

Price History & Performance

Summary of all time highs, changes and price drops for Hi-Lai Foods
Historical stock prices
Current Share PriceNT$120.50
52 Week HighNT$117.00
52 Week LowNT$138.00
Beta0.53
1 Month Change0.42%
3 Month Change-11.07%
1 Year Change-4.74%
3 Year Change-0.41%
5 Year Change-20.61%
Change since IPO-33.23%

Recent News & Updates

Apr 24
Is Hi-Lai Foods Co., Ltd (GTSM:1268) A Risky Dividend Stock?

Is Hi-Lai Foods Co., Ltd (GTSM:1268) A Risky Dividend Stock?

Today we'll take a closer look at Hi-Lai Foods Co., Ltd ( GTSM:1268 ) from a dividend investor's perspective. Owning a...

Apr 06
Hi-Lai Foods (GTSM:1268) Is Reinvesting At Lower Rates Of Return

Hi-Lai Foods (GTSM:1268) Is Reinvesting At Lower Rates Of Return

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...

Mar 16
Investors Who Bought Hi-Lai Foods (GTSM:1268) Shares A Year Ago Are Now Up 31%

Investors Who Bought Hi-Lai Foods (GTSM:1268) Shares A Year Ago Are Now Up 31%

On average, over time, stock markets tend to rise higher. This makes investing attractive. But not every stock you buy...

Shareholder Returns

1268TW HospitalityTW Market
7D-2.0%-1.0%0.04%
1Y-4.7%5.3%31.0%

Return vs Industry: 1268 underperformed the TW Hospitality industry which returned 5.3% over the past year.

Return vs Market: 1268 underperformed the TW Market which returned 31% over the past year.

Price Volatility

Is 1268's price volatile compared to industry and market?
1268 volatility
1268 Beta0.53
Industry Beta0.69
Market Beta1

Stable Share Price: 1268 is less volatile than 75% of TW stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 1268's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1995n/an/ahttps://www.hilai-foods.com

Hi-Lai Foods Co., Ltd operates restaurants in Taiwan. It operates restaurants under the Hi-Lai Harbour, Hi-Lai Vegetarian, Cantonese Jade Garden, Celebrity Cuisine, and Shanghainese Dumpling names. The company also provides banquets halls and meeting space.

Hi-Lai Foods Fundamentals Summary

How do Hi-Lai Foods's earnings and revenue compare to its market cap?
1268 fundamental statistics
Market CapNT$4.50b
Earnings (TTM)NT$237.23m
Revenue (TTM)NT$3.55b

18.9x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1268 income statement (TTM)
RevenueNT$3.55b
Cost of RevenueNT$2.02b
Gross ProfitNT$1.53b
ExpensesNT$1.29b
EarningsNT$237.23m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)6.37
Gross Margin43.08%
Net Profit Margin6.68%
Debt/Equity Ratio9.6%

How did 1268 perform over the long term?

See historical performance and comparison

Dividends

5.8%

Current Dividend Yield

110%

Payout Ratio

Valuation

Is Hi-Lai Foods undervalued compared to its fair value and its price relative to the market?

46.5%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1268 (NT$120.5) is trading below our estimate of fair value (NT$225.42)

Significantly Below Fair Value: 1268 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1268 is good value based on its PE Ratio (18.9x) compared to the TW Hospitality industry average (19x).

PE vs Market: 1268 is poor value based on its PE Ratio (18.9x) compared to the TW market (16.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1268's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1268 is overvalued based on its PB Ratio (2.9x) compared to the TW Hospitality industry average (2.3x).


Future Growth

How is Hi-Lai Foods forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

54.7%

Forecasted Consumer Services 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 Hi-Lai Foods 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.


Past Performance

How has Hi-Lai Foods performed over the past 5 years?

1.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1268 has a large one-off gain of NT$45.8M impacting its June 30 2021 financial results.

Growing Profit Margin: 1268's current net profit margins (6.7%) are higher than last year (5.1%).


Past Earnings Growth Analysis

Earnings Trend: 1268's earnings have grown by 1.9% per year over the past 5 years.

Accelerating Growth: 1268's earnings growth over the past year (39.3%) exceeds its 5-year average (1.9% per year).

Earnings vs Industry: 1268 earnings growth over the past year (39.3%) underperformed the Hospitality industry 50.3%.


Return on Equity

High ROE: 1268's Return on Equity (15.2%) is considered low.


Financial Health

How is Hi-Lai Foods's financial position?


Financial Position Analysis

Short Term Liabilities: 1268's short term assets (NT$2.0B) exceed its short term liabilities (NT$1.5B).

Long Term Liabilities: 1268's short term assets (NT$2.0B) exceed its long term liabilities (NT$1.3B).


Debt to Equity History and Analysis

Debt Level: 1268's debt to equity ratio (9.6%) is considered satisfactory.

Reducing Debt: 1268's debt to equity ratio has reduced from 10.4% to 9.6% over the past 5 years.

Debt Coverage: 1268's debt is well covered by operating cash flow (404.1%).

Interest Coverage: 1268 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Hi-Lai Foods's current dividend yield, its reliability and sustainability?

5.81%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1268's dividend (5.81%) is higher than the bottom 25% of dividend payers in the TW market (1.96%).

High Dividend: 1268's dividend (5.81%) is in the top 25% of dividend payers in the TW market (5.27%)


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 1268 has been paying a dividend for less than 10 years.

Growing Dividend: 1268's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (109.8%), 1268'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.


Next Steps

Management

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


CEO

Hi-Lai Foods has no CEO, or we have no data on them.


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

Hi-Lai Foods Co., Ltd's employee growth, exchange listings and data sources


Key Information

  • Name: Hi-Lai Foods Co., Ltd
  • Ticker: 1268
  • Exchange: TPEX
  • Founded: 1995
  • Industry: Restaurants
  • Sector: Consumer Services
  • Market Cap: NT$4.504b
  • Shares outstanding: 37.22m
  • Website: https://www.hilai-foods.com

Location

  • Hi-Lai Foods Co., Ltd
  • No.246, Dunhua South Road
  • Section 1
  • Taipei
  • 106
  • Taiwan

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/26 16:29
End of Day Share Price2021/10/26 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.