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Shougang Concord Grand (Group)

DB:CGG
Snowflake Description

Excellent balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
CGG
DB
HK$398M
Market Cap
  1. Home
  2. DE
  3. Diversified Financials
Company description

Shougang Concord Grand (Group) Limited, an investment holding company, provides finance leasing and other financial services in Mainland China and Hong Kong. The last earnings update was 3 days ago. More info.


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  • Shougang Concord Grand (Group) has significant price volatility in the past 3 months.
CGG Share Price and Events
7 Day Returns
-30%
DB:CGG
6%
Europe Consumer Finance
7.3%
DE Market
1 Year Returns
-65%
DB:CGG
-48.3%
Europe Consumer Finance
-17.7%
DE Market
CGG Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Shougang Concord Grand (Group) (CGG) -30% -53.3% -56.3% -65% -84.1% -92.9%
Europe Consumer Finance 6% -34.5% -40.3% -48.3% -64.4% -63.3%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • CGG underperformed the Consumer Finance industry which returned -48.3% over the past year.
  • CGG underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
CGG
Industry
5yr Volatility vs Market

CGG Value

 Is Shougang Concord Grand (Group) 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 Shougang Concord Grand (Group). This is due to cash flow or dividend data being unavailable. The share price is €0.0035.
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 Shougang Concord Grand (Group)'s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Shougang Concord Grand (Group)'s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:CGG PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in HKD HK$0.00
SEHK:730 Share Price ** SEHK (2020-03-30) in HKD HK$0.1
Europe Consumer Finance Industry PE Ratio Median Figure of 27 Publicly-Listed Consumer Finance Companies 5.55x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

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

** Primary Listing of Shougang Concord Grand (Group).

DB:CGG PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:730 Share Price ÷ EPS (both in HKD)

= 0.1 ÷ 0.00

-50.53x

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

  • Shougang Concord Grand (Group) is loss making, we can't compare its value to the Europe Consumer Finance industry average.
  • Shougang Concord Grand (Group) is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Shougang Concord Grand (Group)'s expected growth come at a high price?
Raw Data
DB:CGG PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -50.53x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Consumer Finance Industry PEG Ratio Median Figure of 19 Publicly-Listed Consumer Finance Companies 0.41x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*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 Shougang Concord Grand (Group), we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Shougang Concord Grand (Group)'s assets?
Raw Data
DB:CGG PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in HKD HK$0.34
SEHK:730 Share Price * SEHK (2020-03-30) in HKD HK$0.1
Europe Consumer Finance Industry PB Ratio Median Figure of 42 Publicly-Listed Consumer Finance Companies 0.71x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:CGG PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:730 Share Price ÷ Book Value per Share (both in HKD)

= 0.1 ÷ 0.34

0.29x

* Primary Listing of Shougang Concord Grand (Group).

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

  • Shougang Concord Grand (Group) is good value based on assets compared to the Europe Consumer Finance industry average.
X
Value checks
We assess Shougang Concord Grand (Group)'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 Consumer Finance 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 Consumer Finance industry average (and greater than 0)? (1 check)
  5. Shougang Concord Grand (Group) 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.

CGG Future Performance

 How is Shougang Concord Grand (Group) 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 Shougang Concord Grand (Group) 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
13%
Expected Consumer Finance industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Shougang Concord Grand (Group) expected to grow at an attractive rate?
  • Unable to compare Shougang Concord Grand (Group)'s earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Shougang Concord Grand (Group)'s earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Shougang Concord Grand (Group)'s revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:CGG Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 9.7%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*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:CGG Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 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.
DB:CGG Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:CGG Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-12-31 72 -8
2019-09-30 71 -1
2019-06-30 71 477 6
2019-03-31 81 563 -26
2018-12-31 92 649 -59
2018-09-30 98 477 -72
2018-06-30 105 305 -84
2018-03-31 106 223 -48
2017-12-31 108 141 -11
2017-09-30 84 78 -43
2017-06-30 60 15 -75
2017-03-31 61 124 -78

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Shougang Concord Grand (Group) is high growth as no earnings estimate data is available.
  • Unable to determine if Shougang Concord Grand (Group) 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
DB:CGG Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Shougang Concord Grand (Group) Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CGG Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:CGG Past Financials Data
Date (Data in HKD Millions) EPS *
2019-12-31 0.00
2019-09-30 0.00
2019-06-30 0.00
2019-03-31 -0.01
2018-12-31 -0.02
2018-09-30 -0.02
2018-06-30 -0.03
2018-03-31 -0.02
2017-12-31 0.00
2017-09-30 -0.02
2017-06-30 -0.03
2017-03-31 -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 Shougang Concord Grand (Group) will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Shougang Concord Grand (Group)'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. Shougang Concord Grand (Group)'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
  3. Shougang Concord Grand (Group)'s competitive advantages and company strategy can generally be found in its financial reports archived 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 Shougang Concord Grand (Group)'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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Shougang Concord Grand (Group) 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.

CGG Past Performance

  How has Shougang Concord Grand (Group) 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 Shougang Concord Grand (Group)'s growth in the last year to its industry (Consumer Finance).
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.
  • Shougang Concord Grand (Group) does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Shougang Concord Grand (Group)'s 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Shougang Concord Grand (Group)'s 1-year growth to the Europe Consumer Finance industry average as it is not currently profitable.
Earnings and Revenue History
Shougang Concord Grand (Group)'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 Shougang Concord Grand (Group) Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:CGG Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 71.72 -7.92 65.36
2019-09-30 71.26 -0.89 58.57
2019-06-30 70.81 6.14 51.78
2019-03-31 81.43 -26.37 55.48
2018-12-31 92.04 -58.88 59.17
2018-09-30 98.36 -71.55 58.08
2018-06-30 104.69 -84.22 57.00
2018-03-31 106.21 -47.78 49.26
2017-12-31 107.74 -11.33 41.52
2017-09-30 83.96 -43.01 39.63
2017-06-30 60.18 -74.69 37.74
2017-03-31 61.22 -78.40 35.83
2016-12-31 62.26 -82.10 33.92
2016-06-30 10.02 -57.78 36.92
2016-03-31 -6.02 -56.39 40.08
2015-12-31 -22.06 -55.00 43.24
2015-09-30 16.23 -25.10 42.16
2015-06-30 51.64 5.05 40.61
2015-03-31 52.63 7.61 38.51
2014-12-31 53.62 10.17 36.41
2014-09-30 53.44 10.74 35.06
2014-06-30 53.26 11.31 33.70
2014-03-31 54.40 8.93 33.87
2013-12-31 55.54 6.55 34.04
2013-09-30 55.03 6.01 35.33
2013-06-30 54.51 5.48 36.62
2013-03-31 54.75 3.75 35.90

*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.
  • Shougang Concord Grand (Group) has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • It is difficult to establish if Shougang Concord Grand (Group) has efficiently used its assets last year compared to the Europe Consumer Finance industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Shougang Concord Grand (Group) 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 Shougang Concord Grand (Group)'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 Consumer Finance 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.
Shougang Concord Grand (Group) 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.

CGG Health

 How is Shougang Concord Grand (Group)'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 Shougang Concord Grand (Group)'s finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Shougang Concord Grand (Group) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Shougang Concord Grand (Group)'s cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Shougang Concord Grand (Group)'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.
  • Debt is covered by short term assets, assets are 4.3x 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 Shougang Concord Grand (Group) Company Filings, last reported 2 months ago.

DB:CGG Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 1,743.50 465.56 607.78
2019-09-30 1,743.50 465.56 607.78
2019-06-30 1,677.91 493.43 1,069.39
2019-03-31 1,677.91 493.43 1,069.39
2018-12-31 1,626.09 494.54 806.15
2018-09-30 1,626.09 494.54 806.15
2018-06-30 1,477.15 815.38 507.46
2018-03-31 1,477.15 815.38 507.46
2017-12-31 1,579.46 896.49 292.14
2017-09-30 1,579.46 896.49 292.14
2017-06-30 1,525.59 797.84 140.38
2017-03-31 1,525.59 797.84 140.38
2016-12-31 1,463.33 928.47 207.44
2016-06-30 1,619.43 1,204.68 421.63
2016-03-31 1,619.43 1,204.68 421.63
2015-12-31 1,636.03 1,548.44 444.57
2015-09-30 1,636.03 1,548.44 444.57
2015-06-30 1,495.02 593.20 827.54
2015-03-31 1,495.02 593.20 827.54
2014-12-31 880.17 414.74 303.14
2014-09-30 880.17 414.74 303.14
2014-06-30 862.86 337.80 270.34
2014-03-31 862.86 337.80 270.34
2013-12-31 866.80 420.10 305.72
2013-09-30 866.80 420.10 305.72
2013-06-30 859.49 496.70 340.74
2013-03-31 859.49 496.70 340.74
  • Shougang Concord Grand (Group)'s level of debt (26.7%) 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 (47% vs 26.7% today).
  • Debt is well covered by operating cash flow (102.4%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Shougang Concord Grand (Group)'s debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Shougang Concord Grand (Group)'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. Shougang Concord Grand (Group) has a total score of 5/6, 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.

CGG Dividends

 What is Shougang Concord Grand (Group)'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 Shougang Concord Grand (Group) dividends.
If you bought €2,000 of Shougang Concord Grand (Group) 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 Shougang Concord Grand (Group)'s dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Shougang Concord Grand (Group)'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:CGG 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
Europe Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 21 Stocks 6.8%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

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

DB:CGG Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts

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

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

CGG Management

 What is the CEO of Shougang Concord Grand (Group)'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
Guifeng Su
AGE 48
TENURE AS CEO 0.5 years
CEO Bio

Mr. Guifeng Su serves as an Executive Director and the Managing Director of Shougang Concord Grand (Group) Limited since September 19, 2019. From August 1992 to December 1999, Mr. Su worked as a cadre of Party Committee Office and secretary of Youth League Committee in the Design Institution of National Radio and Television Administration. Since December 1999, he has served in the Design Institution Office of National Radio and Television Administration and held various positions, including deputy director, director and executive deputy director of business development office during his tenure. From April 2004 to March 2016, Mr. Su worked at the State-owned Assets Supervision and Administration Commission of the State Council, and held various positions including deputy director of news department, director of news department, and executive deputy director of news centre and chief editor of the magazine “SASAC Report”. Since 2016, Mr. Su held the position of senior vice president of Shanghai Zhaogang Netcom 2 Corporation Limited, principally responsible for operational management, such as communication with upstream steel corporations and market development, strategic cooperation with major State-owned clients, as well as market development of variety steel clients. Mr. Su is currently an independent director of ?????????? (Beijing West Business Factoring Company Limited*), which is held as to 41.41% equity interests by the Company. Mr. Su has profound experience in the area of public relations in both government and media. He is also well familiar with the policy backgrounds of the steel industry and development of steel corporations, as well as operational management of large and medium government managed corporations and State-owned corporations. He obtained a bachelor’s degree in law from China Youth University of Political Studies in July 1992. He has also intensive studies in law.

CEO Compensation
  • Insufficient data for Guifeng to compare compensation growth.
  • Insufficient data for Guifeng to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Shougang Concord Grand (Group) management team in years:

0.6
Average Tenure
38
Average Age
  • The average tenure for the Shougang Concord Grand (Group) management team is less than 2 years, this suggests a new team.
Management Team

Guifeng Su

TITLE
MD & Executive Director
AGE
48
TENURE
0.5 yrs

Jing Li

TITLE
Deputy General Manager & Director
AGE
38
TENURE
0.6 yrs

Ching Tse

TITLE
Company Secretary
AGE
37
TENURE
0.6 yrs
Board of Directors Tenure

Average tenure and age of the Shougang Concord Grand (Group) board of directors in years:

1.9
Average Tenure
53
Average Age
  • The average tenure for the Shougang Concord Grand (Group) board of directors is less than 3 years, this suggests a new board.
Board of Directors

Liang Xu

TITLE
Chairman of the Board
COMPENSATION
HK$2M
AGE
54
TENURE
2.8 yrs

Guifeng Su

TITLE
MD & Executive Director
AGE
48
TENURE
0.5 yrs

Jing Li

TITLE
Deputy General Manager & Director
AGE
38
TENURE
0.6 yrs

Kenny Tam

TITLE
Independent Non-Executive Director
COMPENSATION
HK$240K
AGE
70
TENURE
24 yrs

Dongsheng Liu

TITLE
Non-Executive Director
COMPENSATION
HK$3M
AGE
53
TENURE
2.2 yrs

Wilson Wan

TITLE
Independent Non Executive Director
COMPENSATION
HK$182K
AGE
58
TENURE
2 yrs

Donglin Huang

TITLE
Non Executive Director
COMPENSATION
HK$118K
AGE
58
TENURE
1.8 yrs

Wenli You

TITLE
Non-Executive Director
AGE
38
TENURE
0.8 yrs

Xingyu Zhang

TITLE
Independent Non-Executive Director
AGE
34
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 Shougang Concord Grand (Group)'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. Shougang Concord Grand (Group) 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.

CGG News

Simply Wall St News

CGG Company Info

Description

Shougang Concord Grand (Group) Limited, an investment holding company, provides finance leasing and other financial services in Mainland China and Hong Kong. It operates through three divisions: Finance Leasing and Other Financial Services, Property Leasing and Building Management Services, and Assets Management. The company offers finance leasing for various sectors, including energy, transport, printing equipment, medical equipment, scientific and technical equipment, industrial equipment, etc. It is also involved in the investment, leasing, sale, and management of properties, such as industrial, office, and residential buildings; provision of property consultant, administrative and management, and referral and corporate financial advisory services; and investment and management of industrial funds. The company is based in Wan Chai, Hong Kong. Shougang Concord Grand (Group) Limited is a subsidiary of Wheeling Holdings Limited.

Details
Name: Shougang Concord Grand (Group) Limited
CGG
Exchange: DB
Founded:
HK$46,578,009
3,984,639,703
Website: http://www.shougang-grand.com.hk
Address: Shougang Concord Grand (Group) Limited
Bank of East Asia Harbour View Centre,
5th Floor,
Wan Chai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 730 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 02. Jan 1992
DB CGG Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
45
Shougang Concord Grand (Group) employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 21:40
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2019/04/11
Last earnings filing: 2020/03/27
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.