OTCPK:ADHL.F

Stock Analysis Report

Applied Development Holdings

Executive Summary

Applied Development Holdings Limited, an investment holding company, engages in resort and property development, and property investment activities.


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

ADHL.F

-1.4%

US Real Estate

2.4%

US Market


1 Year Return

-50.0%

ADHL.F

-36.3%

US Real Estate

-10.0%

US Market

Return vs Industry: ADHL.F underperformed the US Real Estate industry which returned -43.3% over the past year.

Return vs Market: ADHL.F underperformed the US Market which returned -15.9% over the past year.


Shareholder returns

ADHL.FIndustryMarket
7 Day0%-1.4%2.4%
30 Day0%-33.5%-11.0%
90 Dayn/a-41.4%-19.4%
1 Year-50.0%-50.0%-35.8%-36.3%-8.1%-10.0%
3 Year-71.4%-71.4%-23.0%-24.9%17.3%9.6%
5 Year-50.0%-50.0%-35.7%-37.6%36.1%21.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Applied Development Holdings undervalued compared to its fair value and its price relative to the market?

0.4x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate ADHL.F's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate ADHL.F's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: ADHL.F is unprofitable, so we can't compare its PE Ratio to the Real Estate industry average.

PE vs Market: ADHL.F is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ADHL.F is good value based on its PB Ratio (0.4x) compared to the US Real Estate industry average (1x).


Next Steps

Future Growth

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

10.5%

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 Applied Development 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

  • Take a look at our analysis of ADHL.F’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Applied Development Holdings's filings and announcements here.
  • Explore growth companies in the Real Estate industry.

Past Performance

How has Applied Development Holdings performed over the past 5 years?

-21.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ADHL.F is currently unprofitable.

Growing Profit Margin: ADHL.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ADHL.F is unprofitable, and losses have increased over the past 5 years at a rate of -21.7% per year.

Accelerating Growth: Unable to compare ADHL.F's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ADHL.F is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (10.4%).


Return on Equity

High ROE: ADHL.F has a negative Return on Equity (-17.83%), as it is currently unprofitable.


Next Steps

Financial Health

How is Applied Development Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: ADHL.F's short term assets (HK$1.6B) exceed its short term liabilities (HK$738.6M).

Long Term Liabilities: ADHL.F's short term assets (HK$1.6B) exceed its long term liabilities (HK$97.6M).


Debt to Equity History and Analysis

Debt Level: ADHL.F's debt to equity ratio (22.6%) is considered satisfactory.

Reducing Debt: ADHL.F's debt to equity ratio has increased from 16.7% to 22.6% over the past 5 years.

Debt Coverage: ADHL.F's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if ADHL.F's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

High Dividend: Unable to evaluate ADHL.F'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 ADHL.F's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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

3.6yrs

Average board tenure


CEO

Chi Ping Yuen (40yo)

3.58s

Tenure

HK$1,130,000

Compensation

Mr. Chi Ping Yuen has been the Chief Executive Officer and Executive Director of Applied Development Holdings Limited since September 14, 2016. Mr. Yuen has been Vice Chairman and Co-Chief Executive Office ...


CEO Compensation Analysis

Compensation vs Market: Chi Ping's total compensation ($USD145.75K) is below average for companies of similar size in the US market ($USD626.05K).

Compensation vs Earnings: Chi Ping's compensation has increased whilst the company is unprofitable.


Board Members

NamePositionTenureCompensationOwnership
Chi Ping Yuen
CEO & Executive Director3.58yrsHK$1.13mno data
Zhanming Wu
Executive Chairman0.67yrno data11.17% HK$7.2m
Tat Chi Yu
Independent Non-Executive Director3.58yrsHK$240.00kno data
Chi Keung Lau
Independent Non-Executive Director3.58yrsHK$240.00kno data
Kit Man Chiu
Independent Non-Executive Director3.58yrsHK$240.00kno data
Wei Rong Yao
Non-Executive Director2.33yrsHK$1.33mno data
Tao Wu
Non-Executive Director0.67yrno datano data

3.6yrs

Average Tenure

51yo

Average Age

Experienced Board: ADHL.F's board of directors are considered experienced (3.6 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

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


Key Information

  • Name: Applied Development Holdings Limited
  • Ticker: ADHL.F
  • Exchange: OTCPK
  • Founded:
  • Industry: Diversified Real Estate Activities
  • Sector: Real Estate
  • Market Cap: HK$501.021m
  • Listing Market Cap: HK$64.629m
  • Shares outstanding: 2.51b
  • Website: https://www.applieddev.com

Number of Employees


Location

  • Applied Development Holdings Limited
  • Harcourt House
  • Suite 803
  • Wan Chai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
519SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992
ADHL.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992

Biography

Applied Development Holdings Limited, an investment holding company, engages in resort and property development, and property investment activities. It also provides administrative and secretarial services; and invests in equity securities and commercial properties. The company operates primarily in Singapore and the People’s Republic of China. Applied Development Holdings Limited is based in Wan Chai, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/07 03:04
End of Day Share Price2020/03/16 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.