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Haichang Ocean Park Holdings

DB:0HO
Snowflake Description

Reasonable growth potential and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
0HO
DB
HK$2B
Market Cap
  1. Home
  2. DE
  3. Consumer Services
Company description

Haichang Ocean Park Holdings Ltd., together with its subsidiaries, develops, constructs, and operates theme parks and ancillary commercial properties in the People’s Republic of China. The last earnings update was 5 days ago. More info.


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  • Haichang Ocean Park Holdings has significant price volatility in the past 3 months.
0HO Share Price and Events
7 Day Returns
-9%
DB:0HO
-6.8%
DE Hospitality
-0.6%
DE Market
1 Year Returns
-70.5%
DB:0HO
-48.1%
DE Hospitality
-20.9%
DE Market
0HO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Haichang Ocean Park Holdings (0HO) -9% -25% -44.2% -70.5% -71.7% -71.5%
DE Hospitality -6.8% -31.3% -57.6% -48.1% -63.2% -70.6%
DE Market -0.6% -18.6% -26.2% -20.9% -25.8% -31.8%
1 Year Return vs Industry and Market
  • 0HO underperformed the Hospitality industry which returned -48.1% over the past year.
  • 0HO underperformed the Market in Germany which returned -20.9% over the past year.

0HO Value

 Is Haichang Ocean Park 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 Haichang Ocean Park Holdings. This is due to cash flow or dividend data being unavailable. The share price is €0.0555.
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 Haichang Ocean Park Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Haichang Ocean Park Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:0HO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in CNY CN¥0.01
SEHK:2255 Share Price ** SEHK (2020-04-03) in HKD HK$0.55
SEHK:2255 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.915 CN¥0.5
Germany Hospitality Industry PE Ratio Median Figure of 9 Publicly-Listed Hospitality Companies 21.1x
Germany Market PE Ratio Median Figure of 401 Publicly-Listed Companies 16.57x

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

** Primary Listing of Haichang Ocean Park Holdings.

DB:0HO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:2255 Share Price ÷ EPS (both in CNY)

= 0.5 ÷ 0.01

80.23x

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

  • Haichang Ocean Park Holdings is overvalued based on earnings compared to the DE Hospitality industry average.
  • Haichang Ocean Park Holdings is overvalued based on earnings compared to the Germany market.
Price based on expected Growth
Does Haichang Ocean Park Holdings's expected growth come at a high price?
Raw Data
DB:0HO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 80.23x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
85.1%per year
Europe Hospitality Industry PEG Ratio Median Figure of 63 Publicly-Listed Hospitality Companies 0.96x
Germany Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.17x

*Line of best fit is calculated by linear regression .

DB:0HO PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 80.23x ÷ 85.1%

0.94x

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

  • Haichang Ocean Park Holdings is good value based on expected growth next year.
Price based on value of assets
What value do investors place on Haichang Ocean Park Holdings's assets?
Raw Data
DB:0HO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in CNY CN¥1.09
SEHK:2255 Share Price * SEHK (2020-04-03) in HKD HK$0.55
SEHK:2255 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.915 CN¥0.5
Germany Hospitality Industry PB Ratio Median Figure of 12 Publicly-Listed Hospitality Companies 1.73x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.44x
DB:0HO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:2255 Share Price ÷ Book Value per Share (both in CNY)

= 0.5 ÷ 1.09

0.46x

* Primary Listing of Haichang Ocean Park Holdings.

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

  • Haichang Ocean Park Holdings is good value based on assets compared to the DE Hospitality industry average.
X
Value checks
We assess Haichang Ocean Park 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 Hospitality 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 Hospitality industry average (and greater than 0)? (1 check)
  5. Haichang Ocean Park Holdings has a total score of 2/6, 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.

0HO Future Performance

 How is Haichang Ocean Park Holdings expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

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
85.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Haichang Ocean Park Holdings expected to grow at an attractive rate?
  • Haichang Ocean Park Holdings's earnings growth is expected to exceed the low risk savings rate of -0.4%.
Growth vs Market Checks
  • Haichang Ocean Park Holdings's earnings growth is expected to exceed the Germany market average.
  • Haichang Ocean Park Holdings's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:0HO Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:0HO Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 85.1%
DB:0HO Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 14.8%
Germany Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 28.9%
Germany Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.1%
Germany Market Revenue Growth Rate Market Cap Weighted Average 3.9%

*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
DB:0HO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:0HO Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 3,788 317 1
2020-12-31 3,378 172 1
2020-04-05
DB:0HO Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-12-31 2,802 25
2019-09-30 2,510 -55
2019-06-30 2,218 666 -136
2019-03-31 2,004 416 -48
2018-12-31 1,790 167 40
2018-09-30 1,743 503 173
2018-06-30 1,695 839 307
2018-03-31 1,688 952 293
2017-12-31 1,680 1,066 280
2017-09-30 1,655 1,075 249
2017-06-30 1,631 1,084 217
2017-03-31 1,640 756 209

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Haichang Ocean Park Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Haichang Ocean Park Holdings's revenue is expected to grow by 14.8% yearly, however this is not considered high growth (20% yearly).
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
DB:0HO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from Haichang Ocean Park Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0HO Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.11 0.15 0.08 2.00
2020-12-31 0.07 0.10 0.04 2.00
2020-04-05
DB:0HO Past Financials Data
Date (Data in CNY Millions) EPS *
2019-12-31 0.01
2019-09-30 -0.01
2019-06-30 -0.03
2019-03-31 -0.01
2018-12-31 0.01
2018-09-30 0.04
2018-06-30 0.08
2018-03-31 0.07
2017-12-31 0.07
2017-09-30 0.06
2017-06-30 0.05
2017-03-31 0.05

*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.
  • Haichang Ocean Park Holdings is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Haichang Ocean Park 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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Haichang Ocean Park Holdings has a total score of 4/6, 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.

0HO Past Performance

  How has Haichang Ocean Park 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 Haichang Ocean Park Holdings's growth in the last year to its industry (Hospitality).
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.
  • Haichang Ocean Park Holdings's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Haichang Ocean Park Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Haichang Ocean Park Holdings's 1-year earnings growth is negative, it can't be compared to the DE Hospitality industry average.
Earnings and Revenue History
Haichang Ocean Park 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 Haichang Ocean Park Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:0HO Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 2,801.98 25.08 822.16
2019-09-30 2,510.02 -55.44 893.66
2019-06-30 2,218.07 -135.97 957.62
2019-03-31 2,004.11 -48.21 895.96
2018-12-31 1,790.16 39.56 834.31
2018-09-30 1,742.80 173.17 687.13
2018-06-30 1,695.45 306.78 547.49
2018-03-31 1,687.83 293.28 528.47
2017-12-31 1,680.22 279.79 509.45
2017-09-30 1,655.46 248.63 484.56
2017-06-30 1,630.69 217.46 459.66
2017-03-31 1,640.20 209.22 446.73
2016-12-31 1,649.71 200.97 433.79
2016-09-30 1,598.76 203.75 417.46
2016-06-30 1,547.82 206.53 401.13
2016-03-31 1,482.32 218.57 393.95
2015-12-31 1,416.83 230.62 386.77
2015-09-30 1,476.27 213.43 368.96
2015-06-30 1,535.72 196.24 351.16
2015-03-31 1,533.55 194.11 368.60
2014-12-31 1,531.39 191.98 386.05
2014-09-30 1,628.70 144.54 438.47
2014-06-30 1,523.06 226.68 397.01
2014-03-31 1,450.68 167.54 348.98
2013-12-31 1,378.30 108.39 300.96
2013-09-30 1,028.26 134.25 197.50

*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.
  • Haichang Ocean Park Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Haichang Ocean Park Holdings used its assets less efficiently than the DE Hospitality industry average last year based on Return on Assets.
  • Haichang Ocean Park Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Haichang Ocean Park 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 Hospitality 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.
Haichang Ocean Park 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.

0HO Health

 How is Haichang Ocean Park 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 Haichang Ocean Park Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Haichang Ocean Park Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Haichang Ocean Park Holdings's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Haichang Ocean Park 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 not covered by short term assets, assets are 0.4x 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 Haichang Ocean Park Holdings Company Filings, last reported 3 months ago.

DB:0HO Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 4,478.68 7,902.40 2,484.67
2019-09-30 4,478.68 7,902.40 2,484.67
2019-06-30 4,355.84 8,118.67 2,037.27
2019-03-31 4,355.84 8,118.67 2,037.27
2018-12-31 4,466.83 7,225.53 1,921.29
2018-09-30 4,466.83 7,225.53 1,921.29
2018-06-30 4,506.97 6,205.46 1,623.88
2018-03-31 4,506.97 6,205.46 1,623.88
2017-12-31 4,422.93 4,732.39 1,305.31
2017-09-30 4,422.93 4,732.39 1,305.31
2017-06-30 4,190.44 3,675.95 1,074.03
2017-03-31 4,190.44 3,675.95 1,074.03
2016-12-31 4,218.83 2,900.06 873.70
2016-09-30 4,218.83 2,900.06 873.70
2016-06-30 4,039.31 2,833.84 688.74
2016-03-31 4,039.31 2,833.84 688.74
2015-12-31 3,995.18 2,367.36 970.67
2015-09-30 3,995.18 2,367.36 970.67
2015-06-30 3,795.54 2,237.51 725.21
2015-03-31 3,795.54 2,237.51 725.21
2014-12-31 3,728.00 2,732.45 1,596.65
2014-09-30 3,728.00 2,732.45 1,596.65
2014-06-30 2,843.42 3,199.07 1,849.41
2014-03-31 2,843.42 3,199.07 1,849.41
2013-12-31 1,661.97 4,399.62 499.03
2013-09-30 1,187.43 4,582.43 641.29
  • Haichang Ocean Park Holdings's level of debt (176.4%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (73.1% vs 176.4% today).
  • Debt is not well covered by operating cash flow (8.4%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 0.9x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Haichang Ocean Park 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. Haichang Ocean Park Holdings has a total score of 0/6, 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.

0HO Dividends

 What is Haichang Ocean Park 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 Haichang Ocean Park Holdings dividends.
If you bought €2,000 of Haichang Ocean Park 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 Haichang Ocean Park Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Haichang Ocean Park 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
DB:0HO 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 1 Analyst Estimates (S&P Global) See Below
Germany Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 11.3%
Germany Market Average Dividend Yield Market Cap Weighted Average of 316 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.9%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

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

DB:0HO Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
2021-12-31
2020-12-31
2020-04-05

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

  • Unable to perform a dividend volatility check as Haichang Ocean Park Holdings has not reported any payouts.
  • Unable to verify if Haichang Ocean Park Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Haichang Ocean Park Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Haichang Ocean Park 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 Haichang Ocean Park Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Haichang Ocean Park Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Haichang Ocean Park 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.

0HO Management

 What is the CEO of Haichang Ocean Park 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
Xuguang Wang
COMPENSATION CN¥1,926,000
AGE 50
CEO Bio

Mr. Xuguang Wang serves the Chief Executive Officer of Haichang Holdings Ltd and has been its Executive Director since February 23, 2014. Mr. Wang worked in the Dalian Branch of the China Construction Bank for more than 16 years until he became the deputy branch manager, during which he developed his extensive knowledge and experience in real estate financing. Mr. Wang then joined Dalian Haichang (Group) Co., Ltd (“Haichang Group Co”) in February 2007 as a director and the president. He was further appointed as a director and the general manager of Dalian Haichang Corporation Development Co., Ltd. (“Haichang Enterprise Development”) in February 2010. From October 2010 to February 2012, he also served as the president of Dalian Haichang Real Estate Group Co., Ltd. (“Haichang Real Estate”). Mr. Wang was appointed as a director of Haichang (China) Co., Ltd. (“Haichang China”) in October 2011 and was promoted to the chairman of the Board in July 2012 and President of the Company in April 2013. In July 2012, he was also appointed as a director of Haichang Holdings (Asia) Ltd. (“Haichang Asia BVI”) and Haichang Holdings (Hong Kong) Limited (“Haichang Holdings HK”). He serves as a non-executive director of Haichang Group Co and Haichang Enterprise Development. He served as Director of Haichang Holdings Ltd since July 19, 2012. Mr. Wang is the vice president of the Chamber of Commerce in Dalian and a representative of the People’s Congress of Dalian Municipality. Mr. Wang obtained a bachelor's degree in economics and investment management at the Dongbei University of Finance and Economics in Dalian in July 1990. He was then awarded a master's degree in international laws by the Dalian Maritime University in April 2002.

CEO Compensation
  • Xuguang's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Xuguang's remuneration is lower than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Haichang Ocean Park Holdings management team in years:

4.4
Average Tenure
46
Average Age
  • The tenure for the Haichang Ocean Park Holdings management team is about average.
Management Team

Xuguang Wang

TITLE
CEO & Executive Director
COMPENSATION
CN¥2M
AGE
50

Jie Gao

TITLE
Executive President & Executive Director
COMPENSATION
CN¥2M
AGE
46
TENURE
4.4 yrs

Cheng Qu

TITLE
Executive Director
COMPENSATION
CN¥400K
AGE
31

Xin Li

TITLE
CFO & Financial Controller
AGE
47
TENURE
4.4 yrs

Jiabin Liu

TITLE
COO, Senior Project Manager & Senior Business Management Director
AGE
49
TENURE
4.4 yrs

Guangyuan Tan

TITLE
Technical Director & Senior Operation Director
AGE
46
TENURE
7 yrs

Fang Zheng

TITLE
Senior Marketing Director
AGE
41
TENURE
7 yrs

Lee Jun

TITLE
Senior Director of Corporate Development Center
AGE
37
TENURE
2.3 yrs

Polien Kho

TITLE
Company Secretary
AGE
36
TENURE
1.4 yrs
Board of Directors Tenure

Average tenure and age of the Haichang Ocean Park Holdings board of directors in years:

3.9
Average Tenure
51
Average Age
  • The tenure for the Haichang Ocean Park Holdings board of directors is about average.
Board of Directors

Naijie Qu

TITLE
Non-Executive Chairman
COMPENSATION
CN¥180K
AGE
58

Xuguang Wang

TITLE
CEO & Executive Director
COMPENSATION
CN¥2M
AGE
50
TENURE
7.8 yrs

Jie Gao

TITLE
Executive President & Executive Director
COMPENSATION
CN¥2M
AGE
46
TENURE
3.9 yrs

Yoshihiko Miyauchi

TITLE
Honorary Chairman
TENURE
5.1 yrs

Cheng Qu

TITLE
Executive Director
COMPENSATION
CN¥400K
AGE
31
TENURE
3.9 yrs

Bing Yuan

TITLE
Non-Executive Director
COMPENSATION
CN¥180K
AGE
51
TENURE
7.7 yrs

Guo Hui Chen

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥100K
AGE
63
TENURE
3.3 yrs

Jun Wang

TITLE
Independent Non-executive Director
AGE
63
TENURE
0.3 yrs

Meng Zhang

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥100K
AGE
55
TENURE
3.3 yrs

Hao Li

TITLE
Non-Executive Director
COMPENSATION
CN¥60K
AGE
36
TENURE
1.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Haichang Ocean Park Holdings individual insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
20. Jan 20 Buy Jie Gao Individual 15. Jan 20 15. Jan 20 301,000 €0.11 €34,026
13. Jan 20 Buy Jie Gao Individual 08. Jan 20 08. Jan 20 99,000 €0.11 €10,540
24. Oct 19 Buy Cheng Qu Individual 23. Oct 19 23. Oct 19 1,000,000 €0.10 €101,438
X
Management checks
We assess Haichang Ocean Park 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. Haichang Ocean Park 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.

0HO News

Simply Wall St News

0HO Company Info

Description

Haichang Ocean Park Holdings Ltd., together with its subsidiaries, develops, constructs, and operates theme parks and ancillary commercial properties in the People’s Republic of China. The company operates through Park Operations and Property Development segments. Its theme parks provide a one-stop sightseeing, entertainment, leisure, dining, and shopping experience to customers. The company operates ten theme parks located in Dalian, Qingdao, Tianjin, Yantai, Wuhan, Chengdu, Chongqing, Shanghai, and Sanya. It also develops and invests in properties; and operates hotels. In addition, the company provides tourism consulting, construction project design and consulting, and cultural and art communication and planning services. Further, it is involved in goods and technology import and export, marine biotechnology development, financing lease, and property management BUSINESS; and the provision of technical support services relating to aquarium. The company was formerly known as Haichang Holdings Ltd. and changed its name to Haichang Ocean Park Holdings Ltd. in July 2015. Haichang Ocean Park Holdings Ltd. was founded in 2001 and is headquartered in Shanghai, the People’s Republic of China. Haichang Ocean Park Holdings Ltd. is a subsidiary of Haichang Group Limited.

Details
Name: Haichang Ocean Park Holdings Ltd.
0HO
Exchange: DB
Founded: 2001
HK$263,022,258
4,000,000,000
Website: http://www.haichangoceanpark.com
Address: Haichang Ocean Park Holdings Ltd.
Foreshore Beach World Trade Centre,
31rd Floor, Building A,
Shanghai,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 2255 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 13. Mar 2014
DB 0HO Ordinary Shares Deutsche Boerse AG DE EUR 13. Mar 2014
SHSC 2255 Ordinary Shares Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect HK HKD 13. Mar 2014
SZSC 2255 Ordinary Shares The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect HK HKD 13. Mar 2014
Number of employees
Current staff
Staff numbers
5,012
Haichang Ocean Park Holdings employees.
Industry
Leisure Facilities
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/05 23:24
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/03/31
Last earnings filing: 2020/03/31
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


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.