OTCPK:HENG.F

Stock Analysis Report

Executive Summary

Hengdeli Holdings Limited, together with its subsidiaries, engages in the retail sale of watches.

Snowflake

Fundamentals

Flawless balance sheet unattractive dividend payer.

Risks

  • Hengdeli Holdings is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

0%

OTCPK:HENG.F

-2.0%

US Specialty Retail

0.2%

US Market


1 Year Return

n/a

OTCPK:HENG.F

-8.2%

US Specialty Retail

-0.7%

US Market

No trading data on HENG.F.

No trading data on HENG.F.


Share holder returns

HENG.FIndustryMarket
7 Day0%-2.0%0.2%
30 Day0%-5.2%-2.7%
90 Dayn/a-2.1%1.6%
1 Yearn/a-6.6%-8.2%1.6%-0.7%
3 Year-33.3%-33.3%18.9%12.8%40.0%30.9%
5 Yearn/a41.9%29.2%53.8%36.8%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

26.2x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Hengdeli Holdings's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).

Hengdeli Holdings's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).


Price Based on Earnings

Hengdeli Holdings is overvalued based on earnings compared to the US Specialty Retail industry average.

Hengdeli Holdings is overvalued based on earnings compared to the United States of America market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Hengdeli Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Hengdeli Holdings is good value based on assets compared to the US Specialty Retail industry average.


Next Steps

Future Growth

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

10.8%

Forecasted Retail 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 Hengdeli 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 Hengdeli Holdings performed over the past 5 years?

-48.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Hengdeli Holdings's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.

Hengdeli Holdings has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.

Hengdeli Holdings has become profitable in the last year making it difficult to compare the US Specialty Retail industry average.


Return on Equity

Hengdeli Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Hengdeli Holdings used its assets less efficiently than the US Specialty Retail industry average last year based on Return on Assets.


Return on Capital Employed

Hengdeli Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).


Next Steps

Financial Health

How is Hengdeli Holdings's financial position?


Financial Position Analysis

Hengdeli Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Hengdeli Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Hengdeli Holdings's level of debt (3.3%) 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 (62.7% vs 3.3% today).

Debt is well covered by operating cash flow (210.7%, greater than 20% of total debt).

Hengdeli Holdings earns more interest than it pays, coverage of interest payments is not a concern.


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 25.2x debt.


Next Steps

Dividend

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

3.14%

Current Dividend Yield


Dividend Yield and Payments Analysis

Hengdeli Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.48%).

Hengdeli Holdings's dividend is below the markets top 25% of dividend payers in United States of America (3.83%).

Dividends per share have been volatile in the past 10 years (annual drop of over 20%).

Dividends per share have fallen over the past 10 years.


Current Payout to Shareholders

Dividends paid are covered by earnings (1.2x coverage).


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

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

12.2yrs

Average board tenure


CEO

Yuping Zhang (58yo)

0.0yrs

Tenure

CN¥4,229,000

Compensation

Mr. Zhang Yuping alias Cheung Yu Ping has been founded Hengdeli Holdings Limited in September 2001 and serves as its Executive Chairman and Chief Executive Officer. Mr. Zhang is in charge of the Xinyu Heng ...


CEO Compensation Analysis

Yuping's remuneration is lower than average for companies of similar size in United States of America.

Yuping's compensation has increased in line with Hengdeli Holdings recently becoming profitable.


Board Age and Tenure

12.2yrs

Average Tenure

59yo

Average Age

The average tenure for the Hengdeli Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

Hengdeli Holdings individual insiders have only sold shares in the past 3 months.


Recent Insider Transactions

SellCN¥7,228,85402 Aug 19
Jinbing Zhang
EntityIndividual
Shares138,000,000
Max PriceCN¥0.052
SellCN¥4,310,49411 Apr 19
Jinbing Zhang
EntityIndividual
Shares88,900,000
Max PriceCN¥0.048
SellCN¥3,822,16029 Mar 19
Jinbing Zhang
EntityIndividual
Shares80,000,000
Max PriceCN¥0.048
SellCN¥138,10909 Jan 19
LCatterton Europe
EntityCompany
Shares3,356,000
Max PriceCN¥0.041
SellCN¥100,51929 Oct 18
LCatterton Europe
EntityCompany
Shares2,360,000
Max PriceCN¥0.043
BuyCN¥73,92817 Sep 18
Yuping Zhang
EntityIndividual
Role
Chief Executive Officer
Founder
Shares2,000,000
Max PriceCN¥0.037
BuyCN¥51,95612 Sep 18
Yuping Zhang
EntityIndividual
Role
Chief Executive Officer
Founder
Shares1,364,000
Max PriceCN¥0.038
BuyCN¥32,34912 Sep 18
Yuping Zhang
EntityIndividual
Role
Chief Executive Officer
Founder
Shares852,000
Max PriceCN¥0.038

Ownership Breakdown


Management Team

  • Stan Lee (59yo)

    Executive Director

    • Tenure: 6.3yrs
    • Compensation: CN¥2.21m
  • Yuping Zhang (58yo)

    Founder

    • Tenure: 0.0yrs
    • Compensation: CN¥4.23m
  • Peter Ng (48yo)

    Financial Controller & Secretary

    • Tenure: 0.0yrs
  • Yonghua Huang (48yo)

    Executive Director

    • Tenure: 0.0yrs
    • Compensation: CN¥2.93m

Board Members

  • Stan Lee (59yo)

    Executive Director

    • Tenure: 6.3yrs
    • Compensation: CN¥2.21m
  • Yuping Zhang (58yo)

    Founder

    • Tenure: 0.0yrs
    • Compensation: CN¥4.23m
  • William Wong (59yo)

    Independent Non-Executive Director

    • Tenure: 0.0yrs
    • Compensation: CN¥85.00k
  • Yonghua Huang (48yo)

    Executive Director

    • Tenure: 0.0yrs
    • Compensation: CN¥2.93m
  • Jianmin Cai (75yo)

    Independent Non-Executive Director

    • Tenure: 0.0yrs
    • Compensation: CN¥85.00k
  • Zhongyang Shi (44yo)

    Non-Executive Director

    • Tenure: 13.5yrs
    • Compensation: CN¥85.00k
  • Xueling Liu (61yo)

    Independent Non-Executive Director

    • Tenure: 12.2yrs
    • Compensation: CN¥85.00k

Company Information

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


Key Information

  • Name: Hengdeli Holdings Limited
  • Ticker: HENG.F
  • Exchange: OTCPK
  • Founded: 1957
  • Industry: Specialty Stores
  • Sector: Retail
  • Market Cap: HK$1.982b
  • Listing Market Cap: HK$252.655m
  • Shares outstanding: 4.66b
  • Website: https://www.hengdeligroup.com

Number of Employees


Location

  • Hengdeli Holdings Limited
  • Lippo Sun Plaza
  • Room 301
  • Tsim Sha Tsui
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3389SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDSep 2005
XYUADB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 2005
HENG.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDSep 2005
HENG.YOTCPK (Pink Sheets LLC)ADRUSUSDJan 2012

Biography

Hengdeli Holdings Limited, together with its subsidiaries, engages in the retail sale of watches. The company is also involved in watch accessories manufacturing activities, including furniture and items u ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 00:27
End of Day Share Price2019/06/14 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.