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Asian Capital Resources (Holdings)

BST:QMV
Snowflake Description

Slightly overvalued with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
QMV
BST
HK$181M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Asian Capital Resources (Holdings) Limited, an investment holding company, provides private investment fund management and consultancy services in the People’s Republic of China and Hong Kong. The last earnings update was 135 days ago. More info.


Add to Portfolio Compare Print
  • Asian Capital Resources (Holdings) has significant price volatility in the past 3 months.
QMV Share Price and Events
7 Day Returns
971.4%
BST:QMV
20.3%
DE Capital Markets
14.8%
DE Market
1 Year Returns
-31.8%
BST:QMV
-2.4%
DE Capital Markets
-14.1%
DE Market
QMV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Asian Capital Resources (Holdings) (QMV) 971.4% -11.8% 0% -31.8% -55.9% -67.4%
DE Capital Markets 20.3% -21.6% -11.1% -2.4% -23.6% -53.3%
DE Market 14.8% -20% -23.5% -14.1% -22.8% -26.7%
1 Year Return vs Industry and Market
  • QMV underperformed the Capital Markets industry which returned -2.4% over the past year.
  • QMV underperformed the Market in Germany which returned -14.1% over the past year.
Price Volatility
QMV
Industry
5yr Volatility vs Market

Value

 Is Asian Capital Resources (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
Here we compare the current share price of Asian Capital Resources (Holdings) to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Asian Capital Resources (Holdings).

BST:QMV Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Last reported Return on Equity.
= Stable Book Value * Return on Equity
= HK$0.15 * 2186.4%
HK$3.28
Book Value of Equity per Share Median Book Value from the past 5 years. HK$0.15
Discount Rate (Cost of Equity) See below 6.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate -0.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:QMV
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.1%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.76
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.758 (1 + (1- 25%) (62.93%))
1.077
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.08
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.077 * 6.07%)
6.15%

Discounted Cash Flow Calculation for BST:QMV using Excess Returns Model Model

The calculations below outline how an intrinsic value for Asian Capital Resources (Holdings) is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

BST:QMV Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (2186.4% – 6.15%) * HK$0.15)
HK$3.27
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= HK$3.27 / (6.15% - -0.39%)
HK$50.07
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= HK$0.15 + HK$50.07
HK$50.22
BST:QMV Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:QMV represents 0.08333x of SEHK:8025
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.08333x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 50.22 x 0.08333
€4.18
Value per share (EUR) From above. €4.18
Current discount Discount to share price of €0.08
= -1 x (€0.08 - €4.18) / €4.18
98.2%

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

Current Discount
Amount off the current price Asian Capital Resources (Holdings) is available for.
Intrinsic value
>50%
Share price is €0.08 vs Future cash flow value of €4.18
Current Discount Checks
For Asian Capital Resources (Holdings) to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Asian Capital Resources (Holdings)'s share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Asian Capital Resources (Holdings)'s share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Asian Capital Resources (Holdings)'s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Asian Capital Resources (Holdings)'s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:QMV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in HKD HK$-0.31
SEHK:8025 Share Price ** SEHK (2020-03-26) in HKD HK$0.9
Germany Capital Markets Industry PE Ratio Median Figure of 17 Publicly-Listed Capital Markets Companies 20.75x
Germany Market PE Ratio Median Figure of 398 Publicly-Listed Companies 16.62x

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

** Primary Listing of Asian Capital Resources (Holdings).

BST:QMV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8025 Share Price ÷ EPS (both in HKD)

= 0.9 ÷ -0.31

-2.93x

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

  • Asian Capital Resources (Holdings) is loss making, we can't compare its value to the DE Capital Markets industry average.
  • Asian Capital Resources (Holdings) is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Asian Capital Resources (Holdings)'s expected growth come at a high price?
Raw Data
BST:QMV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.93x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Capital Markets Industry PEG Ratio Median Figure of 7 Publicly-Listed Capital Markets Companies 1.66x
Germany Market PEG Ratio Median Figure of 251 Publicly-Listed Companies 1.24x

*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 Asian Capital Resources (Holdings), we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Asian Capital Resources (Holdings)'s assets?
Raw Data
BST:QMV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in HKD HK$-0.16
SEHK:8025 Share Price * SEHK (2020-03-26) in HKD HK$0.9
Germany Capital Markets Industry PB Ratio Median Figure of 32 Publicly-Listed Capital Markets Companies 1.61x
Germany Market PB Ratio Median Figure of 572 Publicly-Listed Companies 1.43x
BST:QMV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8025 Share Price ÷ Book Value per Share (both in HKD)

= 0.9 ÷ -0.16

-5.49x

* Primary Listing of Asian Capital Resources (Holdings).

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

  • Asian Capital Resources (Holdings) has negative assets, we can't compare the value of its assets to the DE Capital Markets industry average.
X
Value checks
We assess Asian Capital Resources (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 Capital Markets 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 Capital Markets industry average (and greater than 0)? (1 check)
  5. Asian Capital Resources (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.

Future Performance

 How is Asian Capital Resources (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 Asian Capital Resources (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
41.1%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Asian Capital Resources (Holdings) expected to grow at an attractive rate?
  • Unable to compare Asian Capital Resources (Holdings)'s earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Asian Capital Resources (Holdings)'s earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Asian Capital Resources (Holdings)'s revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BST:QMV Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 41.1%
Germany Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4%

*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
BST:QMV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:QMV Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-09-30 17 -54
2019-06-30 23 -5 -57
2019-03-31 26 -58
2018-12-31 26 4 -57
2018-09-30 34 -51
2018-06-30 29 -1 -46
2018-03-31 24 -44
2017-12-31 22 10 -41
2017-09-30 25 -5
2017-06-30 25 12 -5
2017-03-31 30 -6
2016-12-31 31 -7 -2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Asian Capital Resources (Holdings) is high growth as no earnings estimate data is available.
  • Unable to determine if Asian Capital Resources (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
BST:QMV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Asian Capital Resources (Holdings) Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:QMV Past Financials Data
Date (Data in HKD Millions) EPS *
2019-09-30 -0.31
2019-06-30 -0.32
2019-03-31 -0.33
2018-12-31 -0.33
2018-09-30 -0.29
2018-06-30 -0.26
2018-03-31 -0.25
2017-12-31 -0.23
2017-09-30 -0.03
2017-06-30 -0.03
2017-03-31 -0.04
2016-12-31 -0.01

*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 Asian Capital Resources (Holdings) will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Asian Capital Resources (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 Diversified Financials companies here
  2. Asian Capital Resources (Holdings)'s competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Asian Capital Resources (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.
Asian Capital Resources (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 Asian Capital Resources (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 Asian Capital Resources (Holdings)'s growth in the last year to its industry (Capital Markets).
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.
  • Asian Capital Resources (Holdings) does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Asian Capital Resources (Holdings)'s 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Asian Capital Resources (Holdings)'s 1-year growth to the DE Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Asian Capital Resources (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 Asian Capital Resources (Holdings) Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:QMV Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 17.34 -54.09 20.06
2019-06-30 23.38 -56.59 21.47
2019-03-31 26.24 -57.73 22.10
2018-12-31 25.80 -57.38 22.27
2018-09-30 33.83 -50.55 16.11
2018-06-30 28.97 -46.43 14.80
2018-03-31 24.39 -43.81 13.73
2017-12-31 22.05 -40.87 12.01
2017-09-30 25.06 -5.39 13.86
2017-06-30 25.14 -5.47 13.68
2017-03-31 29.87 -6.47 13.40
2016-12-31 30.62 -2.23 13.51
2016-09-30 15.46 -2.99 74.15
2016-06-30 24.62 -3.23 74.15
2016-03-31 24.29 -5.09 75.22
2015-12-31 23.55 -11.84 77.05
2015-09-30 25.17 18.33 21.50
2015-06-30 12.47 12.14 21.48
2015-03-31 4.75 8.22 20.32
2014-12-31 1.94 6.08 18.08
2014-09-30 -116.71 -10.74 8.30
2014-06-30 -66.48 -4.83 8.54
2014-03-31 -13.57 1.38 8.30
2013-12-31 0.31 7.99
2013-09-30 118.73 -10.32 26.43
2013-06-30 70.12 -12.67 25.59
2013-03-31 18.67 -15.89 25.33

*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 Asian Capital Resources (Holdings) has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Asian Capital Resources (Holdings) has efficiently used its assets last year compared to the DE Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Asian Capital Resources (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 Asian Capital Resources (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 Capital Markets 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.
Asian Capital Resources (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 Asian Capital Resources (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 Asian Capital Resources (Holdings)'s finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Asian Capital Resources (Holdings)'s short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Asian Capital Resources (Holdings)'s long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Asian Capital Resources (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.
  • Low level of unsold assets.
  • Asian Capital Resources (Holdings) has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
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 Asian Capital Resources (Holdings) Company Filings, last reported 5 months ago.

BST:QMV Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 -28.88 113.79 0.71
2019-06-30 -28.88 113.41 0.71
2019-03-31 -24.16 115.48 6.99
2018-12-31 -24.16 114.95 6.99
2018-09-30
2018-06-30 23.70 29.09 16.40
2018-03-31 29.22 29.75 11.49
2017-12-31 29.22 28.93 11.49
2017-09-30
2017-06-30 71.17 27.34 21.23
2017-03-31 71.14 29.56 5.60
2016-12-31 71.14 28.44 5.60
2016-09-30
2016-06-30 76.82 25.95 7.86
2016-03-31 69.81 28.06 12.38
2015-12-31 69.81 28.06 12.38
2015-09-30
2015-06-30 97.02 32.07 20.83
2015-03-31 102.77 31.67 20.32
2014-12-31 102.77 31.67 20.32
2014-09-30
2014-06-30 -10.09 30.71 42.89
2014-03-31 1.43 30.64 50.18
2013-12-31 1.43 30.64 50.18
2013-09-30
2013-06-30 18.60 30.35 56.09
2013-03-31 -38.09 31.67 0.05
  • Asian Capital Resources (Holdings) has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Asian Capital Resources (Holdings)'s debt level has increased considering it has negative shareholder equity.
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.

  • Asian Capital Resources (Holdings) has less than a year of cash runway based on current free cash flow.
  • Asian Capital Resources (Holdings) has less than a year of cash runway if free cash flow continues to reduce at historical rates of -37.3% each year.
X
Financial health checks
We assess Asian Capital Resources (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. Asian Capital Resources (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.

Dividends

 What is Asian Capital Resources (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 Asian Capital Resources (Holdings) dividends.
If you bought €2,000 of Asian Capital Resources (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 Asian Capital Resources (Holdings)'s dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Asian Capital Resources (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
BST:QMV 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
Germany Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 3.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 319 Stocks 3.7%
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.

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

  • Unable to perform a dividend volatility check as Asian Capital Resources (Holdings) has not reported any payouts.
  • Unable to verify if Asian Capital Resources (Holdings)'s dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Asian Capital Resources (Holdings)'s earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Asian Capital Resources (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 Asian Capital Resources (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 Asian Capital Resources (Holdings) afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Asian Capital Resources (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 Asian Capital Resources (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.
  • Asian Capital Resources (Holdings) has no CEO, or we have no data on them.
Management Team Tenure

Average tenure and age of the Asian Capital Resources (Holdings) management team in years:

2.3
Average Tenure
45
Average Age
  • The tenure for the Asian Capital Resources (Holdings) management team is about average.
Management Team

Xuan Xie

TITLE
Chairman & Compliance Officer
COMPENSATION
HK$540K
AGE
50
TENURE
13.3 yrs

Ke Feng

TITLE
Executive Director
COMPENSATION
HK$504K
AGE
45

Haitao Huang

TITLE
Executive Director
COMPENSATION
HK$94K
AGE
39
TENURE
1.6 yrs

Haifei Liao

TITLE
Executive Director
COMPENSATION
HK$94K
AGE
39
TENURE
1.6 yrs

John Kong

TITLE
Senior Accountant
AGE
60

Yuk Sim Ying

TITLE
Company Secretary
TENURE
2.9 yrs
Board of Directors Tenure

Average tenure and age of the Asian Capital Resources (Holdings) board of directors in years:

6.5
Average Tenure
49
Average Age
  • The tenure for the Asian Capital Resources (Holdings) board of directors is about average.
Board of Directors

Xuan Xie

TITLE
Chairman & Compliance Officer
COMPENSATION
HK$540K
AGE
50
TENURE
6.5 yrs

Ke Feng

TITLE
Executive Director
COMPENSATION
HK$504K
AGE
45
TENURE
6.5 yrs

Haitao Huang

TITLE
Executive Director
COMPENSATION
HK$94K
AGE
39
TENURE
1.6 yrs

Haifei Liao

TITLE
Executive Director
COMPENSATION
HK$94K
AGE
39
TENURE
1.6 yrs

Jixue Wu

TITLE
Independent Non-Executive Director
COMPENSATION
HK$30K
AGE
73
TENURE
15.9 yrs

Hongliang Zheng

TITLE
Independent Non-Executive Director
COMPENSATION
HK$18K
AGE
61
TENURE
6.5 yrs

Yi Wang

TITLE
Independent Non-Executive Director
COMPENSATION
HK$36K
AGE
49
TENURE
4.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Asian Capital Resources (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. Asian Capital Resources (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

Asian Capital Resources (Holdings) Limited, an investment holding company, provides private investment fund management and consultancy services in the People’s Republic of China and Hong Kong. It also provides traditional and Internet media, content production management, and media content design services; and Internet development and maintenance services. In addition, the company offers business management and consulting services. Asian Capital Resources (Holdings) Limited is headquartered in Sheung Wan, Hong Kong.

Details
Name: Asian Capital Resources (Holdings) Limited
QMV
Exchange: BST
Founded:
HK$21,037,760
200,902,041
Website: http://www.airnet.com.hk
Address: Asian Capital Resources (Holdings) Limited
Fu Fai Commercial Centre,
21st Floor,
Sheung Wan,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8025 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 14. Dec 1999
BST QMV Ordinary Shares Boerse-Stuttgart DE EUR 14. Dec 1999
SEHK 8596 HKD0.10(PARALLEL 06/05/20) The Stock Exchange of Hong Kong Ltd. HK HKD 27. Mar 2020
Number of employees
Current staff
Staff numbers
10
Asian Capital Resources (Holdings) employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/27 23:17
End of day share price update: 2020/03/26 00:00
Last earnings filing: 2019/11/13
Last earnings reported: 2019/09/30
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.