OTCPK:SNFR.F

Stock Analysis Report

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Executive Summary

Sinofert Holdings Limited, an investment holding company, engages in the production, import and export, distribution, and retail of fertilizer raw materials and finished products primarily in Mainland China and Macao Special Administrative Region.


Snowflake Analysis

Very undervalued with solid track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: SNFR.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

SNFR.F

-2.2%

US Chemicals

2.5%

US Market


1 Year Return

n/a

SNFR.F

4.0%

US Chemicals

15.9%

US Market

Return vs Industry: Insufficient data to determine how SNFR.F performed against the US Chemicals industry.

Return vs Market: Insufficient data to determine how SNFR.F performed against the US Market.


Shareholder returns

SNFR.FIndustryMarket
7 Day0%-2.2%2.5%
30 Day0%4.2%5.8%
90 Day0%20.4%18.2%
1 Yearn/a6.3%4.0%18.4%15.9%
3 Year-27.6%-27.6%20.5%-1.9%39.9%30.9%
5 Yearn/a46.8%15.0%72.9%54.2%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Sinofert 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: SNFR.F ($0.09) is trading below our estimate of fair value ($0.99)

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


Price To Earnings Ratio

PE vs Industry: SNFR.F is good value based on its PE Ratio (7.4x) compared to the US Chemicals industry average (23.2x).

PE vs Market: SNFR.F is good value based on its PE Ratio (7.4x) compared to the US market (17.8x).


Price to Earnings Growth Ratio

PEG Ratio: SNFR.F is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

PB vs Industry: SNFR.F is good value based on its PB Ratio (0.6x) compared to the US Chemicals industry average (2x).


Next Steps

Future Growth

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

9.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SNFR.F's forecast earnings growth (9.7% per year) is above the savings rate (2.2%).

Earnings vs Market: SNFR.F's earnings (9.7% per year) are forecast to grow slower than the US market (22.3% per year).

High Growth Earnings: SNFR.F's earnings are forecast to grow, but not significantly.

Revenue vs Market: SNFR.F's revenue (7.1% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: SNFR.F's revenue (7.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: SNFR.F's Return on Equity is forecast to be low in 3 years time (8.2%).


Next Steps

Past Performance

How has Sinofert Holdings performed over the past 5 years?

3.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SNFR.F has high quality earnings.

Growing Profit Margin: SNFR.F's current net profit margins (2.7%) are higher than last year (2%).


Past Earnings Growth Analysis

Earnings Trend: SNFR.F has become profitable over the past 5 years, growing earnings by 3.5% per year.

Accelerating Growth: SNFR.F's earnings growth over the past year (33.7%) exceeds its 5-year average (3.5% per year).

Earnings vs Industry: SNFR.F earnings growth over the past year (33.7%) exceeded the Chemicals industry -19%.


Return on Equity

High ROE: SNFR.F's Return on Equity (8.4%) is considered low.


Next Steps

Financial Health

How is Sinofert Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: SNFR.F's short term assets (CN¥10.6B) exceed its short term liabilities (CN¥8.8B).

Long Term Liabilities: SNFR.F's short term assets (CN¥10.6B) exceed its long term liabilities (CN¥407.1M).


Debt to Equity History and Analysis

Debt Level: SNFR.F's debt to equity ratio (31.2%) is considered satisfactory.

Reducing Debt: SNFR.F's debt to equity ratio has increased from 21.5% to 31.2% over the past 5 years.

Debt Coverage: SNFR.F's debt is well covered by operating cash flow (55.3%).

Interest Coverage: SNFR.F's interest payments on its debt are well covered by EBIT (22.6x coverage).


Balance Sheet


Next Steps

Dividend

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

4.06%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: SNFR.F's dividend (4.06%) is higher than the bottom 25% of dividend payers in the US market (1.66%).

High Dividend: SNFR.F's dividend (4.06%) is low compared to the top 25% of dividend payers in the US market (4.51%).


Stability and Growth of Payments

Stable Dividend: SNFR.F has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: SNFR.F's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (30%), SNFR.F's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: SNFR.F's dividends in 3 years are forecast to be thoroughly covered by earnings (9.1% payout ratio).


Next Steps

Management

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

9.1yrs

Average management tenure


CEO

Hengde Qin (50 yo)

3.67yrs

Tenure

CN¥9,211,000

Compensation

Mr. Hengde Qin has been the Chief Executive Officer and Executive Director of Sinofert Holdings Limited since December 08, 2016. Mr. Qin serves as Chief Accountant of National Investment Resource Developme ...


CEO Compensation Analysis

Compensation vs Market: Hengde's total compensation ($USD1.32M) is below average for companies of similar size in the US market ($USD3.16M).

Compensation vs Earnings: Hengde's compensation has increased by more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Hengde Qin
CEO & Executive Director3.67yrsCN¥9.21mno data
Harry Yang
Executive Director14.42yrsCN¥2.37mno data
Jian Gao
Chief Financial Officer9.08yrsno datano data
Ming Feng
Executive Director0.50yrno datano data
Kar Mun Cheung
Company Secretary9.17yrsno datano data

9.1yrs

Average Tenure

53.5yo

Average Age

Experienced Management: SNFR.F's management team is seasoned and experienced (9.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hengde Qin
CEO & Executive Director3.67yrsCN¥9.21mno data
Harry Yang
Executive Director14.42yrsCN¥2.37mno data
Ming Feng
Executive Director0.50yrno datano data
Ming Tung Ko
Independent Non-Executive Director20.33yrsCN¥474.00kno data
Hau Yin Tse
Independent Non-Executive Director13.17yrsCN¥558.00k0.048%
CN¥ 316.2k
Xin Lu
Independent Non-Executive Director5.5yrsCN¥474.00k0.041%
CN¥ 269.4k
Lin Yang
Non-Executive Director10yrsno datano data

10.0yrs

Average Tenure

57yo

Average Age

Experienced Board: SNFR.F's board of directors are seasoned and experienced ( 10 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.


Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Sinofert Holdings Limited
  • Ticker: SNFR.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: HK$5.058b
  • Listing Market Cap: HK$652.554m
  • Shares outstanding: 7.02b
  • Website: https://www.sinofert.com

Number of Employees


Location

  • Sinofert Holdings Limited
  • Convention Plaza
  • Units 4705, Office Tower
  • Wan Chai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
297SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDFeb 2000
WCQ1DB (Deutsche Boerse AG)YesOrdinary SharesDEEURFeb 2000
SNFR.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDFeb 2000
297SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)YesOrdinary SharesHKHKDFeb 2000
297SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)YesOrdinary SharesHKHKDFeb 2000
SNFR.YOTCPK (Pink Sheets LLC)UNSPONSORED ADRUSUSDNov 2008

Biography

Sinofert Holdings Limited, an investment holding company, engages in the production, import and export, distribution, and retail of fertilizer raw materials and finished products primarily in Mainland Chin ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 00:13
End of Day Share Price2020/06/29 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.