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Renhe Commercial Holdings

OTCPK:RNHE.F
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RNHE.F
OTCPK
HK$13B
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

Renhe Commercial Holdings Company Limited, an investment holding company, engages in the operation of agriculture wholesale markets in the People’s Republic of China. The last earnings update was 23 days ago. More info.


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  • Renhe Commercial Holdings has significant price volatility in the past 3 months.
RNHE.F Share Price and Events
7 Day Returns
3.3%
OTCPK:RNHE.F
-0.5%
US Real Estate
1.6%
US Market
1 Year Returns
67.6%
OTCPK:RNHE.F
-16.7%
US Real Estate
2.6%
US Market
RNHE.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Renhe Commercial Holdings (RNHE.F) 3.3% -8.3% - 67.6% 6.9% -38%
US Real Estate -0.5% -7.4% -9.2% -16.7% 18.9% 2.5%
US Market 1.6% -1.7% 2.1% 2.6% 38.5% 41.4%
1 Year Return vs Industry and Market
  • RNHE.F outperformed the Real Estate industry which returned -16.7% over the past year.
  • RNHE.F outperformed the Market in United States of America which returned 2.6% over the past year.
Price Volatility
RNHE.F
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Renhe Commercial Holdings's competitors could be found in our database.

Value

 Is Renhe Commercial Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Renhe Commercial Holdings. This is due to cash flow or dividend data being unavailable. The share price is $0.031.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Renhe Commercial Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Renhe Commercial Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:RNHE.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥-0.01
SEHK:1387 Share Price ** SEHK (2019-05-16) in HKD HK$0.23
SEHK:1387 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.879 CN¥0.2
United States of America Real Estate Industry PE Ratio Median Figure of 26 Publicly-Listed Real Estate Companies 15.11x
United States of America Market PE Ratio Median Figure of 3,087 Publicly-Listed Companies 17.74x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Renhe Commercial Holdings.

OTCPK:RNHE.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1387 Share Price ÷ EPS (both in CNY)

= 0.2 ÷ -0.01

-28.09x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Renhe Commercial Holdings is loss making, we can't compare its value to the US Real Estate industry average.
  • Renhe Commercial Holdings is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Renhe Commercial Holdings's expected growth come at a high price?
Raw Data
OTCPK:RNHE.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -28.09x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Real Estate Industry PEG Ratio Median Figure of 12 Publicly-Listed Real Estate Companies 0.44x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.53x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Renhe Commercial Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Renhe Commercial Holdings's assets?
Raw Data
OTCPK:RNHE.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥0.15
SEHK:1387 Share Price * SEHK (2019-05-16) in HKD HK$0.23
SEHK:1387 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.879 CN¥0.2
United States of America Real Estate Industry PB Ratio Median Figure of 51 Publicly-Listed Real Estate Companies 1.51x
United States of America Market PB Ratio Median Figure of 5,202 Publicly-Listed Companies 1.84x
OTCPK:RNHE.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1387 Share Price ÷ Book Value per Share (both in CNY)

= 0.2 ÷ 0.15

1.38x

* Primary Listing of Renhe Commercial Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Renhe Commercial Holdings is good value based on assets compared to the US Real Estate industry average.
X
Value checks
We assess Renhe Commercial Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Real Estate industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Real Estate industry average (and greater than 0)? (1 check)
  5. Renhe Commercial Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Renhe Commercial Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Renhe Commercial 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7.1%
Expected Real Estate industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Renhe Commercial Holdings expected to grow at an attractive rate?
  • Unable to compare Renhe Commercial Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Renhe Commercial Holdings's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Renhe Commercial Holdings's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:RNHE.F Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 7.1%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 6.9%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.8%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
OTCPK:RNHE.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:RNHE.F Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
OTCPK:RNHE.F Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 1,129 -277 -361
2018-09-30 1,045 -58 -236
2018-06-30 962 162 -110
2018-03-31 975 149 -119
2017-12-31 988 137 -127
2017-09-30 1,015 -142
2017-06-30 1,042 178 -157
2017-03-31 1,022 241 -123
2016-12-31 1,002 304 -88
2016-09-30 956 -640
2016-06-30 910 787 -1,193
2016-03-31 648 613 -1,282

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Renhe Commercial Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Renhe Commercial Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
OTCPK:RNHE.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Renhe Commercial Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:RNHE.F Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
OTCPK:RNHE.F Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.01
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 -0.01
2016-06-30 -0.03
2016-03-31 -0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Renhe Commercial Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Renhe Commercial 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.
  2. Renhe Commercial Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Real Estate companies here
  3. 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 Renhe Commercial Holdings's filings and announcements here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Renhe Commercial Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Renhe Commercial Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Renhe Commercial Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Renhe Commercial Holdings's growth in the last year to its industry (Real Estate).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Renhe Commercial Holdings does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Renhe Commercial Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Renhe Commercial Holdings's 1-year growth to the US Real Estate industry average as it is not currently profitable.
Earnings and Revenue History
Renhe Commercial Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Renhe Commercial Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:RNHE.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 1,128.65 -360.90 831.73
2018-09-30 1,045.28 -235.60 731.16
2018-06-30 961.91 -110.31 630.58
2018-03-31 975.01 -118.68 642.65
2017-12-31 988.11 -127.05 654.72
2017-09-30 1,014.94 -141.95 661.58
2017-06-30 1,041.76 -156.84 668.43
2017-03-31 1,021.76 -122.56 637.91
2016-12-31 1,001.77 -88.28 607.39
2016-09-30 955.79 -640.42 574.04
2016-06-30 909.82 -1,192.57 540.69
2016-03-31 648.23 -1,282.47 498.01
2015-12-31 386.64 -1,372.37 455.34
2015-09-30 333.61 -1,186.07 423.68
2015-06-30 280.57 -999.78 392.02
2015-03-31 417.96 -1,333.15 400.75
2014-12-31 555.36 -1,666.51 409.49
2014-09-30 557.91 -2,012.94 714.71
2014-06-30 560.47 -2,359.38 1,019.93
2014-03-31 553.94 -2,029.49 1,031.10
2013-12-31 547.41 -1,699.60 1,042.28
2013-09-30 648.05 -960.93 765.95
2013-06-30 748.70 -222.26 489.62
2013-03-31 718.40 336.50 488.75
2012-12-31 688.11 895.26 487.87
2012-09-30 533.88 1,908.44 484.97
2012-06-30 379.65 2,921.63 482.08

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Renhe Commercial Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Renhe Commercial Holdings has efficiently used its assets last year compared to the US Real Estate industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Renhe Commercial Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Renhe Commercial Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Real Estate industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Renhe Commercial Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Renhe Commercial Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Renhe Commercial Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Renhe Commercial Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Renhe Commercial Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Renhe Commercial Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Renhe Commercial Holdings Company Filings, last reported 4 months ago.

OTCPK:RNHE.F Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 8,513.55 571.68 1,354.07
2018-09-30 8,513.55 571.68 1,354.07
2018-06-30 6,901.50 0.00 593.97
2018-03-31 6,901.50 0.00 593.97
2017-12-31 6,936.88 0.00 1,222.12
2017-09-30 6,936.88 0.00 1,222.12
2017-06-30 7,062.58 0.00 1,769.76
2017-03-31 7,062.58 0.00 1,769.76
2016-12-31 6,965.19 0.00 1,464.96
2016-09-30 6,965.19 0.00 1,464.96
2016-06-30 7,026.32 2,574.68 165.77
2016-03-31 7,026.32 2,574.68 165.77
2015-12-31 21,634.23 6,748.59 908.40
2015-09-30 21,634.23 6,748.59 908.40
2015-06-30 20,675.48 6,199.65 817.29
2015-03-31 20,675.48 6,199.65 817.29
2014-12-31 18,568.34 8,588.19 884.49
2014-09-30 18,568.34 8,588.19 884.49
2014-06-30 19,365.49 8,448.31 1,295.14
2014-03-31 19,365.49 8,448.31 1,295.14
2013-12-31 20,306.96 7,800.52 1,284.10
2013-09-30 20,306.96 7,800.52 1,284.10
2013-06-30 21,814.52 7,371.79 1,037.49
2013-03-31 21,814.52 7,371.79 1,037.49
2012-12-31 21,922.56 7,583.00 1,233.39
2012-09-30 21,922.56 7,583.00 1,233.39
2012-06-30 21,973.66 7,488.68 1,414.34
  • Renhe Commercial Holdings's level of debt (6.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (38.5% vs 6.7% today).
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.

  • Renhe Commercial Holdings has sufficient cash runway for more than 3 years based on current free cash flow.
  • Renhe Commercial Holdings has sufficient cash runway for 2.7 years if free cash flow continues to grow at historical rates of 82.3% each year.
X
Financial health checks
We assess Renhe Commercial Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Renhe Commercial Holdings has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

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

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Renhe Commercial Holdings dividends.
If you bought $2,000 of Renhe Commercial Holdings shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Renhe Commercial Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Renhe Commercial Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
OTCPK:RNHE.F Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2003 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

OTCPK:RNHE.F Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
OTCPK:RNHE.F Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2012-09-03 0.000 0.000
2012-08-28 0.000 0.000
2012-04-30 0.000 0.000
2011-03-24 0.072 8.502
2010-04-26 0.092 7.252

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Renhe Commercial Holdings has not reported any payouts.
  • Unable to verify if Renhe Commercial Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Renhe Commercial Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Renhe Commercial Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Renhe Commercial Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Renhe Commercial Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Renhe Commercial Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Renhe Commercial Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Bin Dai
COMPENSATION CN¥11,216,000
AGE 27
TENURE AS CEO 0.7 years
CEO Bio

Mr. Dai Bin is the chief executive officer of Renhe Commercial Holdings Company Limited since September 4 2018 and also serves its Executive Director since June 30, 2014. He joined Renhe Commercial Holdings Company Limited in June 30, 2014. Mr. Dai graduated from University of New South Wales, Australia, with a bachelor’s degree of commerce, major in finance in 2012.

CEO Compensation
  • Bin's compensation has increased whilst company is loss making.
  • Bin's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Yan Wang

TITLE
Chairman of the Board
COMPENSATION
CN¥23M
AGE
53

Bin Dai

TITLE
CEO & Executive Director
COMPENSATION
CN¥11M
AGE
27
TENURE
0.7 yrs

Fan Kwan Hung

TITLE
VP, CFO & Company Secretary
AGE
54

Xiaoguo Geng

TITLE
General Manager of Marketing Management Department
AGE
53
Board of Directors Tenure

Average tenure and age of the Renhe Commercial Holdings board of directors in years:

6.4
Average Tenure
58
Average Age
  • The tenure for the Renhe Commercial Holdings board of directors is about average.
Board of Directors

Yan Wang

TITLE
Chairman of the Board
COMPENSATION
CN¥23M
AGE
53
TENURE
0.7 yrs

Bin Dai

TITLE
CEO & Executive Director
COMPENSATION
CN¥11M
AGE
27
TENURE
4.9 yrs

Anthony Fan

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥430K
AGE
58
TENURE
12.3 yrs

Hon Man Tang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥315K
AGE
60
TENURE
6.4 yrs

Anthony Fan

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥424K
AGE
58
TENURE
12.3 yrs

Yifu Wang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥315K
AGE
68
TENURE
10.8 yrs

Yuhua Yang

TITLE
Non-Executive Director
AGE
55
TENURE
0.4 yrs

Chung-Ki Leung

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥315K
AGE
61
TENURE
6.4 yrs

Jianhong Yin

TITLE
Non-Executive Director
AGE
60
TENURE
0.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
05. Jun 18 Sell Shouguang Dili Agri-Products Group Company Limited Company 31. May 18 31. May 18 -6,000,000,000 $0.02 $-126,972,000
X
Management checks
We assess Renhe Commercial Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Renhe Commercial Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Renhe Commercial Holdings Company Limited, an investment holding company, engages in the operation of agriculture wholesale markets in the People’s Republic of China. The company leases and manages agriculture wholesale market. It operates eight wholesale markets in Harbin, Shenyang, Shouguang, Guiyang, Qiqihaer, and Mudanjiang cities covering total land parcels of approximately 1.86m sq.m with total gross floor area of approximately 1.13m sq.m. The company was incorporated in 2007 and is headquartered in Harbin, the People’s Republic of China.

Details
Name: Renhe Commercial Holdings Company Limited
RNHE.F
Exchange: OTCPK
Founded: 2007
HK$1,681,984,078
57,155,930,569
Website: http://www.renhebusiness.com
Address: Renhe Commercial Holdings Company Limited
No.279 Xuefu Road,
Nangang District,
Harbin,
Heilongjiang Province, 150090,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1387 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 22. Oct 2008
OTCPK RNHE.F Ordinary Shares Pink Sheets LLC US USD 22. Oct 2008
DB R9H Ordinary Shares Deutsche Boerse AG DE EUR 22. Oct 2008
SHSC 1387 Ordinary Shares Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect HK HKD 22. Oct 2008
SZSC 1387 Ordinary Shares The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 22. Oct 2008
Number of employees
Current staff
Staff numbers
2,688
Renhe Commercial Holdings employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/22 06:18
End of day share price update: 2019/05/16 00:00
Last estimates confirmation: 2018/03/28
Last earnings filing: 2019/04/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.