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Chinese People Holdings

DB:KEH
Snowflake Description

Excellent balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KEH
DB
HK$384M
Market Cap
  1. Home
  2. DE
  3. Energy
Company description

Chinese People Holdings Company Limited, an investment holding company, sells and distributes gas fuel in the People’s Republic of China. The last earnings update was 104 days ago. More info.


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  • Chinese People Holdings has significant price volatility in the past 3 months.
KEH Share Price and Events
7 Day Returns
0%
DB:KEH
18.1%
DE Oil and Gas
7.3%
DE Market
1 Year Returns
-58.3%
DB:KEH
21.9%
DE Oil and Gas
-17.7%
DE Market
KEH Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Chinese People Holdings (KEH) 0% -16.7% -28.6% -58.3% -72.2% -77.3%
DE Oil and Gas 18.1% -15.9% -28.7% 21.9% -25.6% 137.4%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • KEH underperformed the Oil and Gas industry which returned 21.9% over the past year.
  • KEH underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
KEH
Industry
5yr Volatility vs Market

Value

 Is Chinese People 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 Chinese People 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 Chinese People Holdings.

DB:KEH Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 6.5%
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 DB:KEH
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate -0.4%
Equity Risk Premium S&P Global 6.3%
Oil and Gas Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.808 (1 + (1- 25%) (52.87%))
1.086
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= -0.39% + (1.086 * 6.33%)
6.48%

Discounted Cash Flow Calculation for DB:KEH using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Chinese People Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

DB:KEH DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (CNY, Millions) Source Present Value
Discounted (@ 6.48%)
2020 17.06 Est @ -26.56% 16.02
2021 13.86 Est @ -18.71% 12.23
2022 12.03 Est @ -13.21% 9.96
2023 10.90 Est @ -9.37% 8.48
2024 10.18 Est @ -6.67% 7.43
2025 9.69 Est @ -4.79% 6.65
2026 9.35 Est @ -3.47% 6.03
2027 9.12 Est @ -2.55% 5.51
2028 8.94 Est @ -1.9% 5.08
2029 8.81 Est @ -1.45% 4.70
Present value of next 10 years cash flows CN¥82.00
DB:KEH DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= CN¥8.81 × (1 + -0.39%) ÷ (6.48% – -0.39%)
CN¥127.69
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= CN¥127.69 ÷ (1 + 6.48%)10
CN¥68.12
DB:KEH Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= CN¥82.00 + CN¥68.12
CN¥150.12
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥150.12 / 8,934.56
CN¥0.02
DB:KEH Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:681)
1.092
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥0.02 x 1.092
HK$0.02
Non-primary Listing Adjustment Factor 1 share in DB:KEH represents 0.05814x of SEHK:681
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.05814x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 0.02 x 0.05814
€0.00
Value per share (EUR) From above. €0.00
Current discount Discount to share price of €0.00
= -1 x (€0.00 - €0.00) / €0.00
-134.3%

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

  • The current share price of Chinese People Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Chinese People Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Chinese People Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:KEH PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in CNY CN¥0.02
SEHK:681 Share Price ** SEHK (2020-03-30) in HKD HK$0.04
SEHK:681 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.915 CN¥0.04
Europe Oil and Gas Industry PE Ratio Median Figure of 105 Publicly-Listed Oil and Gas Companies 5.67x
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 Chinese People Holdings.

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

= SEHK:681 Share Price ÷ EPS (both in CNY)

= 0.04 ÷ 0.02

2x

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

  • Chinese People Holdings is good value based on earnings compared to the Europe Oil and Gas industry average.
  • Chinese People Holdings is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Chinese People Holdings's expected growth come at a high price?
Raw Data
DB:KEH PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Oil and Gas Industry PEG Ratio Median Figure of 65 Publicly-Listed Oil and Gas Companies 0.17x
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 Chinese People Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Chinese People Holdings's assets?
Raw Data
DB:KEH PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in CNY CN¥0.25
SEHK:681 Share Price * SEHK (2020-03-30) in HKD HK$0.04
SEHK:681 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.915 CN¥0.04
Germany Oil and Gas Industry PB Ratio Median Figure of 6 Publicly-Listed Oil and Gas Companies 0.94x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:KEH PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:681 Share Price ÷ Book Value per Share (both in CNY)

= 0.04 ÷ 0.25

0.15x

* Primary Listing of Chinese People Holdings.

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

  • Chinese People Holdings is good value based on assets compared to the DE Oil and Gas industry average.
X
Value checks
We assess Chinese People 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 Oil and Gas 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 Oil and Gas industry average (and greater than 0)? (1 check)
  5. Chinese People Holdings has a total score of 3/6, 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 Chinese People 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 Chinese People 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
13%
Expected Oil and Gas industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Chinese People Holdings expected to grow at an attractive rate?
  • Unable to compare Chinese People Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Chinese People Holdings's earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Chinese People Holdings's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:KEH Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Oil and Gas Industry Earnings Growth Rate Market Cap Weighted Average 13%
Europe Oil and Gas Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
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:KEH Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:KEH Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-09-30 2,296 205 176
2019-06-30 2,126 186 175
2019-03-31 1,955 167 174
2018-12-31 1,688 130 184
2018-09-30 1,420 94 194
2018-06-30 1,310 101 198
2018-03-31 1,200 108 201
2017-12-31 1,154 189
2017-09-30 1,107 133 176
2017-06-30 1,038 115 164
2017-03-31 970 98 152
2016-12-31 921 -9

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Chinese People Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Chinese People 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
DB:KEH Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Chinese People Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:KEH Past Financials Data
Date (Data in CNY Millions) EPS *
2019-09-30 0.02
2019-06-30 0.02
2019-03-31 0.02
2018-12-31 0.02
2018-09-30 0.02
2018-06-30 0.03
2018-03-31 0.03
2017-12-31 0.03
2017-09-30 0.03
2017-06-30 0.02
2017-03-31 0.02
2016-12-31 0.00

*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 Chinese People Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Chinese People Holdings is trading at Chinese People Holdings'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Chinese People 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 Energy companies here
  3. Chinese People Holdings'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 Chinese People 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 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.
Chinese People 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 Chinese People 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 Chinese People Holdings's growth in the last year to its industry (Oil and Gas).
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.
  • Chinese People Holdings's year on year earnings growth rate has been positive over the past 5 years.
  • Chinese People Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Chinese People Holdings's 1-year earnings growth is negative, it can't be compared to the Europe Oil and Gas industry average.
Earnings and Revenue History
Chinese People 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 Chinese People Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:KEH Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 2,295.75 176.02 273.97
2019-06-30 2,125.62 175.17 266.96
2019-03-31 1,955.49 174.33 259.95
2018-12-31 1,687.96 184.28 241.08
2018-09-30 1,420.43 194.23 222.22
2018-06-30 1,310.39 197.84 214.70
2018-03-31 1,200.36 201.46 207.19
2017-12-31 1,153.82 188.78 206.50
2017-09-30 1,107.28 176.10 206.01
2017-06-30 1,038.40 164.28 199.65
2017-03-31 969.52 152.46 193.28
2016-12-31 920.67 -8.86 191.30
2016-09-30 871.82 -170.18 189.11
2016-06-30 911.66 -156.77 188.91
2016-03-31 951.50 -143.35 188.71
2015-12-31 951.00 23.43 181.62
2015-09-30 950.50 190.22 174.53
2015-06-30 959.41 197.14 163.95
2015-03-31 968.33 204.05 153.37
2014-12-31 942.48 173.07 141.99
2014-09-30 916.63 142.10 130.61
2014-06-30 874.61 94.70 129.91
2014-03-31 832.60 47.30 129.21
2013-12-31 814.64 -145.23 137.49
2013-09-30 796.69 -337.75 145.77
2013-06-30 783.07 -336.58 149.88
2013-03-31 769.46 -335.42 153.98

*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.
  • Chinese People Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Chinese People Holdings used its assets more efficiently than the Europe Oil and Gas industry average last year based on Return on Assets.
  • Chinese People Holdings has improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Chinese People 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 Oil and Gas 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.
Chinese People Holdings has a total score of 3/6, 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 Chinese People 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 Chinese People Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Chinese People Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Chinese People Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Chinese People Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.6x 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 Chinese People Holdings Company Filings, last reported 6 months ago.

DB:KEH Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 2,475.61 157.74 432.18
2019-06-30 2,475.61 157.74 432.18
2019-03-31 2,410.01 172.24 441.36
2018-12-31 2,410.01 172.24 441.36
2018-09-30 2,323.15 128.40 400.75
2018-06-30 2,323.15 128.40 400.75
2018-03-31 2,208.08 129.00 409.63
2017-12-31 2,208.08 129.00 409.63
2017-09-30 1,940.72 259.04 402.65
2017-06-30 1,940.72 259.04 402.65
2017-03-31 1,826.11 260.57 392.29
2016-12-31 1,826.11 260.57 392.29
2016-09-30 1,712.99 184.59 302.93
2016-06-30 1,712.99 184.59 302.93
2016-03-31 1,604.41 219.19 305.15
2015-12-31 1,604.41 219.19 305.15
2015-09-30 1,831.55 213.51 266.47
2015-06-30 1,831.55 213.51 266.47
2015-03-31 1,732.76 220.67 253.84
2014-12-31 1,732.76 220.67 253.84
2014-09-30 1,416.32 49.53 270.67
2014-06-30 1,416.32 49.53 270.67
2014-03-31 1,282.79 56.53 274.10
2013-12-31 1,282.79 56.53 274.10
2013-09-30 1,249.58 42.49 273.13
2013-06-30 1,249.58 42.49 273.13
2013-03-31 1,141.63 50.09 258.52
  • Chinese People Holdings's level of debt (6.4%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (3.6% vs 6.4% today).
  • Debt is well covered by operating cash flow (129.7%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 35.8x coverage).
X
Financial health checks
We assess Chinese People 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. Chinese People Holdings 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.

Dividends

 What is Chinese People 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 Chinese People Holdings dividends.
If you bought €2,000 of Chinese People 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 Chinese People Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Chinese People 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:KEH 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 Oil and Gas Industry Average Dividend Yield Market Cap Weighted Average of 68 Stocks 9.1%
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.

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

  • Unable to perform a dividend volatility check as Chinese People Holdings has not reported any payouts.
  • Unable to verify if Chinese People Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Chinese People Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Chinese People 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 Chinese People Holdings'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 Chinese People Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Chinese People 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 Chinese People 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
Fangyi Fan
COMPENSATION CN¥1,070,000
AGE 42
TENURE AS CEO 4.5 years
CEO Bio

Mr. Fangyi Fan has been Managing Director and Executive Director of Chinese People Holdings Company Limited since September 1, 2015. Mr. Fan joined the Chinese People Group since December 2003. He serves as the Deputy President of Beijing Civigas Co., Ltd.* (Beijing Civigas), and also acts as Director posts in certain principal subsidiaries of the Group. He has over 10 years of experience in the management of Group and is familiar with the scope of the Group's operation in all aspect. He has worked in Grant Thornton (Beijing) Certified Public Accountants and was responsible for auditing for the years of 1998 to 2001. Thereafter, he has engaged by Wah Ying International (Holdings) Limited and was in charge of various investment business projects till 2003. He has extensive experiences in investment banking sector, auditing and merger and acquisition. Mr. Fan holds a Degree in Economics from the Renmin University of China, Legal Professional Qualification from the Ministry Justice of the People's Republic of China and registered as a Non-Practising Member of the Beijing Institute of Certified Public Accountants.

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

Shikang Mo

TITLE
Chairman
COMPENSATION
CN¥2M
AGE
61

Fangyi Fan

TITLE
MD & Executive Director
COMPENSATION
CN¥1M
AGE
42
TENURE
4.5 yrs

Hesheng Zhang

TITLE
Deputy Chairman of the Board
COMPENSATION
CN¥2M
AGE
65

Peleus Chu

TITLE
Deputy Chairman of the Board
COMPENSATION
CN¥2M
AGE
55

Mo Yunbi

TITLE
Executive Director
COMPENSATION
CN¥817K
AGE
29

Replen Li

TITLE
Company Secretary
TENURE
13.3 yrs

Ka Yan Wong

TITLE
Assistant Financial Controller
AGE
46
Board of Directors Tenure

Average tenure and age of the Chinese People Holdings board of directors in years:

6.6
Average Tenure
58
Average Age
  • The tenure for the Chinese People Holdings board of directors is about average.
Board of Directors

Shikang Mo

TITLE
Chairman
COMPENSATION
CN¥2M
AGE
61
TENURE
6.6 yrs

Fangyi Fan

TITLE
MD & Executive Director
COMPENSATION
CN¥1M
AGE
42
TENURE
4.5 yrs

Hesheng Zhang

TITLE
Deputy Chairman of the Board
COMPENSATION
CN¥2M
AGE
65
TENURE
15 yrs

Peleus Chu

TITLE
Deputy Chairman of the Board
COMPENSATION
CN¥2M
AGE
55
TENURE
5 yrs

Mo Yunbi

TITLE
Executive Director
COMPENSATION
CN¥817K
AGE
29
TENURE
5.2 yrs

Kenneth Sin

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥167K
AGE
51
TENURE
13.3 yrs

Junmin Liu

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥167K
AGE
69
TENURE
14.9 yrs

Yanyun Zhao

TITLE
Independent Non-Executive Director
AGE
62
TENURE
6.7 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 Chinese People 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. Chinese People 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

Chinese People Holdings Company Limited, an investment holding company, sells and distributes gas fuel in the People’s Republic of China. The company operates through Provision of Piped Gas; Sale and Distribution of Cylinder Gas; and FMCG and Food Ingredients segments. It is involved in the sale of piped gas and construction of gas pipeline networks under gas connection contracts; sale and distribution of gas using tank containers to end-user households, and industrial and commercial customers; and retail and wholesale of merchandise, including rice, meat, and fresh food, as well as FMCG and barreled drinking water through hypermarkets, supermarkets, and convenience stores. The company was formerly known as Chinese People Gas Holdings Company Limited and changed its name to Chinese People Holdings Company Limited in 2007. Chinese People Holdings Company Limited is headquartered in Beijing, the People’s Republic of China.

Details
Name: Chinese People Holdings Company Limited
KEH
Exchange: DB
Founded:
HK$44,909,016
8,934,561,203
Website: http://www.681hk.com
Address: Chinese People Holdings Company Limited
No. 36 BDA International Business Park,
No. 2 Jingyuan North Street,
Beijing,
100176,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 681 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 24. Apr 1997
DB KEH Ordinary Shares Deutsche Boerse AG DE EUR 24. Apr 1997
Number of employees
Current staff
Staff numbers
5,100
Chinese People Holdings employees.
Industry
Oil and Gas Storage and Transportation
Energy
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 21:08
End of day share price update: 2020/03/30 00:00
Last earnings filing: 2019/12/17
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


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.