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DeTai New Energy Group

SEHK:559
Snowflake Description

Flawless balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
559
SEHK
HK$267M
Market Cap
  1. Home
  2. HK
  3. Consumer Services
Company description

DeTai New Energy Group Limited, an investment holding company, engages in the hotel hospitality business. The last earnings update was 112 days ago. More info.


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  • DeTai New Energy Group has significant price volatility in the past 3 months.
559 Share Price and Events
7 Day Returns
-5.6%
SEHK:559
1.8%
HK Hospitality
0.6%
HK Market
1 Year Returns
-43.3%
SEHK:559
2.1%
HK Hospitality
-4.5%
HK Market
559 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
DeTai New Energy Group (559) -5.6% -5.6% -39.3% -43.3% -91.8% -95.6%
HK Hospitality 1.8% -10.9% -0.9% 2.1% 14% -4.9%
HK Market 0.6% -5.2% 2.3% -4.5% 2.9% -3.8%
1 Year Return vs Industry and Market
  • 559 underperformed the Hospitality industry which returned 2.1% over the past year.
  • 559 underperformed the Market in Hong Kong which returned -4.5% over the past year.
Price Volatility
559
Industry
5yr Volatility vs Market

Value

 Is DeTai New Energy 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 DeTai New Energy Group. This is due to cash flow or dividend data being unavailable. The share price is HK$0.017.
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 DeTai New Energy Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are DeTai New Energy Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:559 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in HKD HK$-0.01
SEHK:559 Share Price ** SEHK (2020-02-19) in HKD HK$0.02
Hong Kong Hospitality Industry PE Ratio Median Figure of 65 Publicly-Listed Hospitality Companies 11.77x
Hong Kong Market PE Ratio Median Figure of 1,495 Publicly-Listed Companies 10.06x

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

** Primary Listing of DeTai New Energy Group.

SEHK:559 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:559 Share Price ÷ EPS (both in HKD)

= 0.02 ÷ -0.01

-1.72x

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

  • DeTai New Energy Group is loss making, we can't compare its value to the HK Hospitality industry average.
  • DeTai New Energy Group is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does DeTai New Energy Group's expected growth come at a high price?
Raw Data
SEHK:559 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -1.72x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Hospitality Industry PEG Ratio Median Figure of 19 Publicly-Listed Hospitality Companies 1.74x
Hong Kong Market PEG Ratio Median Figure of 486 Publicly-Listed Companies 0.76x

*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 DeTai New Energy Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on DeTai New Energy Group's assets?
Raw Data
SEHK:559 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in HKD HK$0.07
SEHK:559 Share Price * SEHK (2020-02-19) in HKD HK$0.02
Hong Kong Hospitality Industry PB Ratio Median Figure of 108 Publicly-Listed Hospitality Companies 0.83x
Hong Kong Market PB Ratio Median Figure of 2,241 Publicly-Listed Companies 0.82x
SEHK:559 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:559 Share Price ÷ Book Value per Share (both in HKD)

= 0.02 ÷ 0.07

0.26x

* Primary Listing of DeTai New Energy Group.

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

  • DeTai New Energy Group is good value based on assets compared to the HK Hospitality industry average.
X
Value checks
We assess DeTai New Energy 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 Hospitality industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Hospitality industry average (and greater than 0)? (1 check)
  5. DeTai New Energy 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.

Future Performance

 How is DeTai New Energy 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 DeTai New Energy 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
14.1%
Expected Hospitality industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is DeTai New Energy Group expected to grow at an attractive rate?
  • Unable to compare DeTai New Energy Group's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare DeTai New Energy Group's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare DeTai New Energy Group's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:559 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Hospitality Industry Earnings Growth Rate Market Cap Weighted Average 14.1%
Hong Kong Hospitality Industry Revenue Growth Rate Market Cap Weighted Average 11.3%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.5%

*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
SEHK:559 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 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.
SEHK:559 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-06-30 63 -67 -155
2018-12-31 64 -157 -144
2018-09-30 62 -137 -153
2018-06-30 60 -118 -162
2017-12-31 57 -41 -204
2017-09-30 50 0 -172
2017-06-30 43 40 -141
2017-03-31 32 45 -206
2016-12-31 19 50 -268
2016-09-30 18 96 -381

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if DeTai New Energy Group is high growth as no earnings estimate data is available.
  • Unable to determine if DeTai New Energy 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
SEHK:559 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from DeTai New Energy Group Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:559 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-06-30 -0.01
2018-12-31 -0.01
2018-09-30 -0.02
2018-06-30 -0.03
2017-12-31 -0.04
2017-09-30 -0.03
2017-06-30 -0.03
2017-03-31 -0.04
2016-12-31 -0.06
2016-09-30 -0.08

*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 DeTai New Energy Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine DeTai New Energy 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. DeTai New Energy 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 Consumer Services companies here
  3. DeTai New Energy 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 DeTai New Energy 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 Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong 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.
DeTai New Energy 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.

Past Performance

  How has DeTai New Energy 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 DeTai New Energy Group's growth in the last year to its industry (Hospitality).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • DeTai New Energy Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare DeTai New Energy Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare DeTai New Energy Group's 1-year growth to the HK Hospitality industry average as it is not currently profitable.
Earnings and Revenue History
DeTai New Energy 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 DeTai New Energy Group Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:559 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 62.88 -154.99 86.62
2018-12-31 64.41 -144.25 127.80
2018-09-30 62.15 -152.97 145.53
2018-06-30 59.90 -161.68 163.25
2017-12-31 57.30 -203.89 162.20
2017-09-30 50.39 -172.32 147.03
2017-06-30 43.48 -140.75 131.87
2017-03-31 31.62 -206.04 128.19
2016-12-31 19.06 -267.66 121.09
2016-09-30 17.75 -380.86 144.43
2016-06-30 16.43 -494.06 167.77
2016-03-31 18.26 -333.94 177.97
2015-12-31 20.09 -173.83 188.17
2015-09-30 34.90 -101.11 155.30
2015-06-30 49.70 -28.39 122.42
2015-03-31 295.66 -113.49 116.96
2014-12-31 2.71 -189.36 85.13
2014-09-30 48.53 -108.99 100.36
2014-06-30 94.35 -28.62 115.58
2014-03-31 323.58 34.63 112.42
2013-12-31 401.78 113.96 96.78
2013-09-30 406.38 20.69 86.60
2013-06-30 410.98 -72.59 76.43
2013-03-31 348.16 -121.30 65.67

*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 DeTai New Energy Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if DeTai New Energy Group has efficiently used its assets last year compared to the HK Hospitality industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if DeTai New Energy 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 DeTai New Energy 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 Hospitality industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
DeTai New Energy 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.

Health

 How is DeTai New Energy 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 DeTai New Energy Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • DeTai New Energy Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • DeTai New Energy Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of DeTai New Energy 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.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from DeTai New Energy Group Company Filings, last reported 7 months ago.

SEHK:559 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 966.64 139.73 322.42
2018-12-31 1,076.01 142.15 392.52
2018-09-30 1,076.01 142.15 392.52
2018-06-30 1,139.10 145.93 451.68
2017-12-31 703.64 194.78 44.49
2017-09-30 703.64 194.78 44.49
2017-06-30 754.22 265.92 172.92
2017-03-31 754.22 265.92 172.92
2016-12-31 908.03 337.01 359.63
2016-09-30 908.03 337.01 359.63
2016-06-30 802.64 186.72 268.37
2016-03-31 802.64 186.72 268.37
2015-12-31 1,104.61 181.27 265.99
2015-09-30 1,104.61 181.27 265.99
2015-06-30 1,299.68 179.70 395.10
2015-03-31 1,299.68 179.70 395.10
2014-12-31 658.09 206.76 302.06
2014-09-30 658.09 206.76 302.06
2014-06-30 747.43 234.80 492.07
2014-03-31 747.43 234.80 492.07
2013-12-31 864.83 154.01 428.87
2013-09-30 864.83 154.01 428.87
2013-06-30 743.61 44.10 440.51
2013-03-31 743.61 44.10 440.51
  • DeTai New Energy Group's level of debt (14.5%) 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 (31.4% vs 14.5% today).
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.

  • DeTai New Energy Group has sufficient cash runway for more than 3 years based on current free cash flow.
  • DeTai New Energy Group has sufficient cash runway for 2.5 years if free cash flow continues to reduce at historical rates of -1.8% each year.
X
Financial health checks
We assess DeTai New Energy 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. DeTai New Energy Group has a total score of 6/6, 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 DeTai New Energy 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 DeTai New Energy Group dividends.
If you bought HK$2,000 of DeTai New Energy Group shares you are expected to receive HK$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 DeTai New Energy Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate DeTai New Energy 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
SEHK:559 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
Hong Kong Hospitality Industry Average Dividend Yield Market Cap Weighted Average of 46 Stocks 3%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 964 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.3%
Hong Kong Top 25% Dividend Yield 75th Percentile 6.4%

Industry and Market average data is calculated daily.

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

SEHK:559 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2011-09-20 0.000 0.000

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

  • Unable to perform a dividend volatility check as DeTai New Energy Group has not reported any payouts.
  • Unable to verify if DeTai New Energy Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of DeTai New Energy Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as DeTai New Energy 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 DeTai New Energy Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 DeTai New Energy Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. DeTai New Energy 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.

Management

 What is the CEO of DeTai New Energy 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
Kenneth Chi
COMPENSATION HK$408,000
AGE 50
TENURE AS CEO 10.1 years
CEO Bio

Mr. Chi Hung Chi, also known as Kenneth, has been the Chief Executive Officer and Executive Director at DeTai New Energy Group Limited since January 5, 2010. Mr. Chi served as an Executive Director of TFG International Group Ltd (Ceneric (Holdings) Limited) from October 07, 2010 to June 22, 2017. He served as Chief Executive Officer of China Sandi Holdings Limited until January 31, 2015. He served as Secretary of DeTai New Energy Group Limited from January 5, 2010 to June 1, 2016. He served as Company Secretary of China Sandi Holdings Limited from December 31, 2010 to October 21, 2014 and served as its Executive Director May 19, 2010 to January 31, 2015. He served as the Chief Executive Officer at M Dream Inworld Limited from May 24, 2013 to July 5, 2013 and also from May 17, 2012 to May 29, 2012. He served as a Compliance Officer at M Dream Inworld Limited from July 8, 2010 June 4, 2014. Mr. Chi served as the Chief Executive Officer at Morning Star Resources Limited. (now, Ceneric (Holdings) Limited) until November 8, 2013 and its Company Secretary from January 31, 2011 to February 5, 2013. He served as the Chief Executive Officer from May 17, 2012 to May 2012. He was employed as a Consultant by a wholly owned subsidiary of China Grand Forestry Green Resources Group Limited since March 2010. He has over 20 years of experience in accounting, financial management and corporate finance. He served as Secretary of Golden Resorts Group Ltd. from August 12, 2005 to March 29, 2007 and its Executive Director from June 8, 2005 to March 29, 2007. He served as the Chairman and Executive Director of M Dream Inworld Ltd. from July 8, 2010 to June 4, 2014. Mr. Chi served as an Executive Director of e-Kong Group Limited from September 26, 2014 to July 31, 2015. He served as Executive Chairman, Company Secretary and Authorised Representative of China Gogreen Assets Investment Limited (now, Jun Yang Financial Holdings Limited) until March 13, 2007 and served as its Executive Director from March 18, 2003 to March 13, 2007. He has been an Independent Non Executive Director of Perfect Shape (PRC) Holdings Limited (now, Perfect Shape Beauty Technology Limited) since December 5, 2011 and L'sea Resources International Holdings Limited (formerly Goodtop Tin International Holdings Limited) since October 12, 2012. He served as an Independent Non Executive Director at Noble Century Investment Holdings Limited (formerly Sam Woo Holdings Ltd.) since April 29, 2011. He served as an Independent Non Executive Director for Silk Road Energy Services Group Limited (Formerly known as China Natural Investment Company Limited) from December 28, 2011 to November 18, 2015. Mr. Chi served as a Director of Hong Kong Life Sciences and Technologies Group Limited from January 1, 2010 to August 7, 2015. He served as an Independent Non-executive Director of Aurum Pacific (China) Group Limited from March 8, 2010 to October 13, 2015. He served as a Non Executive Director of China Sandi Holdings Limited from January 31, 2015 to August 21, 2015. He served as an Independent Non Executive Director of Interchina Holdings Company Ltd. (now EverChina Int'l Holdings Company Limited) from October 4, 2011 to August 15, 2012. He served as Independent Non-Executive Director at Pyxis Group Limited from November 10, 2015 to September 1, 2016. He is a member of Hong Kong Society of Accountants and Hong Kong Institute of Chartered Secretaries. He is a Fellow Member of the Association of Chartered Certified Accountants and an Associate Member of the Hong Kong Institute of Certified Public Accountants, the Hong Kong Institute of Company Secretary and the Institute of Chartered Secretaries and Administrators, UK. Mr. Chi holds a Bachelor of Accountancy Degree from the Hong Kong Polytechnic University. octo

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

Hans Wong

TITLE
Chairman
COMPENSATION
HK$2M
AGE
49

Kenneth Chi

TITLE
CEO & Executive Director
COMPENSATION
HK$408K
AGE
50
TENURE
10.1 yrs

Wai Ki Chan

TITLE
Executive Director
COMPENSATION
HK$538K
AGE
35

Ngan Wong

TITLE
Assistant Financial Controller of Group
AGE
48

Tong Tang

TITLE
President of Guocang Liquor & Wine Merchant Limited

Nata Tsang

TITLE
Company Secretary
AGE
40
TENURE
3.7 yrs
Board of Directors Tenure

Average tenure and age of the DeTai New Energy Group board of directors in years:

10.3
Average Tenure
50
Average Age
  • The average tenure for the DeTai New Energy Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Hans Wong

TITLE
Chairman
COMPENSATION
HK$2M
AGE
49
TENURE
10.6 yrs

Kenneth Chi

TITLE
CEO & Executive Director
COMPENSATION
HK$408K
AGE
50
TENURE
10.1 yrs

Wai Ki Chan

TITLE
Executive Director
COMPENSATION
HK$538K
AGE
35
TENURE
2.3 yrs

Wai On Chiu

TITLE
Independent Non-Executive Director
COMPENSATION
HK$120K
AGE
50
TENURE
10.7 yrs

Kwok Leung Man

TITLE
Independent Non-Executive Director
COMPENSATION
HK$120K
AGE
72
TENURE
10.8 yrs

Edward Wong

TITLE
Independent Non-Executive Director
COMPENSATION
HK$120K
AGE
62
TENURE
10.7 yrs

Kwong Kau Chui

TITLE
Non-Executive Director
COMPENSATION
HK$240K
AGE
52
TENURE
4.2 yrs

Yudan Zhang

TITLE
Non Executive Director
AGE
27
TENURE
0.3 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 (HK$) Value (HK$)
X
Management checks
We assess DeTai New Energy 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. DeTai New Energy 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.

News

Simply Wall St News

Investors Who Bought DeTai New Energy Group (HKG:559) Shares Five Years Ago Are Now Down 89%

Spare a thought for those who held DeTai New Energy Group Limited (HKG:559) for five whole years - as the share price tanked 89%. … In the last five years DeTai New Energy Group saw its revenue shrink by 43% per year. … It might be well worthwhile taking a look at our free report on DeTai New Energy Group's earnings, revenue and cash flow.

Simply Wall St -

What Kind Of Shareholders Own DeTai New Energy Group Limited (HKG:559)?

As Charlie Munger said 'Show me the incentive and I will show you the outcome.' DeTai New Energy Group is not a large company by global standards. … See our latest analysis for DeTai New Energy Group SEHK:559 Ownership Summary, June 10th 2019 What Does The Lack Of Institutional Ownership Tell Us About DeTai New Energy Group? … Insider Ownership Of DeTai New Energy Group The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

Simply Wall St -

Is DeTai New Energy Group Limited's (HKG:559) Balance Sheet A Threat To Its Future?

DeTai New Energy Group Limited (HKG:559) is a small-cap stock with a market capitalization of HK$706.30m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

Simply Wall St -

Company Info

Description

DeTai New Energy Group Limited, an investment holding company, engages in the hotel hospitality business. The company also provides money lending services; trades in and distributes liquor and wine; and invests in funds, as well as develops, manufactures and distributes EuroAd, a vegetable of additive. It primarily operates in Hong Kong, Sweden, Japan, and the People’s Republic of China. The company was formerly known as Guocang Group Limited and changed its name to DeTai New Energy Group Limited in December 2015. DeTai New Energy Group Limited is headquartered in Wan Chai, Hong Kong.

Details
Name: DeTai New Energy Group Limited
559
Exchange: SEHK
Founded:
HK$266,824,038
15,695,531,700
Website: http://www.detai-group.com
Address: DeTai New Energy Group Limited
China Resources Building,
Room 2702, 27th Floor,
Wan Chai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 559 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 23. Aug 2004
DB G80 Ordinary Shares Deutsche Boerse AG DE EUR 23. Aug 2004
Number of employees
Current staff
Staff numbers
82
DeTai New Energy Group employees.
Industry
Hotels, Resorts and Cruise Lines
Consumer Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/02/19 13:10
End of day share price update: 2020/02/19 00:00
Last earnings filing: 2019/10/30
Last earnings reported: 2019/06/30
Last annual earnings reported: 2019/06/30


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.