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Guangdong Join-Share Financing Guarantee Investment

SEHK:1543
Snowflake Description

Adequate balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1543
SEHK
HK$3B
Market Cap
  1. Home
  2. HK
  3. Diversified Financials
Company description

Guangdong Join-Share Financing Guarantee Investment Co., Ltd., together with its subsidiaries, provides credit-based financing solutions to small and medium-sized enterprises (SMEs) for their financing and business needs in the People’s Republic of China. The last earnings update was 108 days ago. More info.


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1543 Share Price and Events
7 Day Returns
3.2%
SEHK:1543
0.9%
HK Consumer Finance
3.5%
HK Market
1 Year Returns
1.3%
SEHK:1543
-19.9%
HK Consumer Finance
2.3%
HK Market
1543 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Guangdong Join-Share Financing Guarantee Investment (1543) 3.2% 1.3% 6.6% 1.3% 17.4% -
HK Consumer Finance 0.9% -2.1% -7.8% -19.9% -25.3% -36.3%
HK Market 3.5% 3.1% 1.1% 2.3% 12.7% 2.4%
1 Year Return vs Industry and Market
  • 1543 outperformed the Consumer Finance industry which returned -19.9% over the past year.
  • 1543 matched the Hong Kong Market (2.3%) over the past year.
Price Volatility
1543
Industry
5yr Volatility vs Market

Value

 Is Guangdong Join-Share Financing Guarantee Investment 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 Guangdong Join-Share Financing Guarantee Investment 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 Guangdong Join-Share Financing Guarantee Investment.

SEHK:1543 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= CN¥1.30 * 8%
CN¥0.10
Book Value of Equity per Share Median Book Value from the past 5 years. CN¥1.30
Discount Rate (Cost of Equity) See below 6.8%
Perpetual Growth Rate 10-Year HK Government Bond Rate 1.6%

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 SEHK:1543
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 1.6%
Equity Risk Premium S&P Global 6.3%
Consumer Finance Unlevered Beta Simply Wall St/ S&P Global 0.7
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.697 (1 + (1- 25%) (9.5%))
0.83
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.83
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 1.55% + (0.83 * 6.33%)
6.81%

Discounted Cash Flow Calculation for SEHK:1543 using Excess Returns Model Model

The calculations below outline how an intrinsic value for Guangdong Join-Share Financing Guarantee Investment is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

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

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

Note the calculations below are per share.

See our documentation to learn about this calculation.

SEHK:1543 Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (8% – 6.81%) * CN¥1.30)
CN¥0.01
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= CN¥0.01 / (6.81% - 1.55%)
CN¥0.28
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= CN¥1.30 + CN¥0.28
CN¥1.58
SEHK:1543 Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:1543)
1.117
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥1.58 x 1.117
HK$1.77
Value per share (HKD) From above. HK$1.77
Current discount Discount to share price of HK$1.62
= -1 x (HK$1.62 - HK$1.77) / HK$1.77
8.4%

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

Current Discount
Amount off the current price Guangdong Join-Share Financing Guarantee Investment is available for.
Intrinsic value
8%
Share price is HK$1.62 vs Future cash flow value of HK$1.77
Current Discount Checks
For Guangdong Join-Share Financing Guarantee Investment to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Guangdong Join-Share Financing Guarantee Investment's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Guangdong Join-Share Financing Guarantee Investment's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Guangdong Join-Share Financing Guarantee Investment's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Guangdong Join-Share Financing Guarantee Investment's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1543 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in CNY CN¥0.08
SEHK:1543 Share Price ** SEHK (2019-12-13) in HKD HK$1.62
SEHK:1543 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.895 CN¥1.45
Hong Kong Consumer Finance Industry PE Ratio Median Figure of 19 Publicly-Listed Consumer Finance Companies 6.56x
Hong Kong Market PE Ratio Median Figure of 1,472 Publicly-Listed Companies 10.31x

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

** Primary Listing of Guangdong Join-Share Financing Guarantee Investment.

SEHK:1543 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1543 Share Price ÷ EPS (both in CNY)

= 1.45 ÷ 0.08

17.12x

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

  • Guangdong Join-Share Financing Guarantee Investment is overvalued based on earnings compared to the HK Consumer Finance industry average.
  • Guangdong Join-Share Financing Guarantee Investment is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Guangdong Join-Share Financing Guarantee Investment's expected growth come at a high price?
Raw Data
SEHK:1543 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 17.12x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Consumer Finance Industry PEG Ratio Median Figure of 40 Publicly-Listed Consumer Finance Companies 0.89x
Hong Kong Market PEG Ratio Median Figure of 479 Publicly-Listed Companies 0.75x

*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 Guangdong Join-Share Financing Guarantee Investment, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Guangdong Join-Share Financing Guarantee Investment's assets?
Raw Data
SEHK:1543 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in CNY CN¥1.28
SEHK:1543 Share Price * SEHK (2019-12-13) in HKD HK$1.62
SEHK:1543 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.895 CN¥1.45
Hong Kong Consumer Finance Industry PB Ratio Median Figure of 30 Publicly-Listed Consumer Finance Companies 0.49x
Hong Kong Market PB Ratio Median Figure of 2,207 Publicly-Listed Companies 0.82x
SEHK:1543 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1543 Share Price ÷ Book Value per Share (both in CNY)

= 1.45 ÷ 1.28

1.13x

* Primary Listing of Guangdong Join-Share Financing Guarantee Investment.

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

  • Guangdong Join-Share Financing Guarantee Investment is overvalued based on assets compared to the HK Consumer Finance industry average.
X
Value checks
We assess Guangdong Join-Share Financing Guarantee Investment'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. Guangdong Join-Share Financing Guarantee Investment has a total score of 0/6, 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 Guangdong Join-Share Financing Guarantee Investment 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 Guangdong Join-Share Financing Guarantee Investment 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
-43.8%
Expected Consumer Finance industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Guangdong Join-Share Financing Guarantee Investment expected to grow at an attractive rate?
  • Unable to compare Guangdong Join-Share Financing Guarantee Investment's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Guangdong Join-Share Financing Guarantee Investment's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare Guangdong Join-Share Financing Guarantee Investment's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1543 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average -43.8%
Hong Kong Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 21%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.7%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.3%

*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:1543 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1543 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2019-06-30 342 470 132
2019-03-31 321 343 129
2018-12-31 300 217 125
2018-09-30 283 -8 115
2018-06-30 267 -232 105
2018-03-31 268 -164 106
2017-12-31 270 -96 106
2017-09-30 277 -24 113
2017-06-30 285 47 120
2017-03-31 283 135 117
2016-12-31 281 222 114
2016-09-30 288 91 110

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Guangdong Join-Share Financing Guarantee Investment is high growth as no earnings estimate data is available.
  • Unable to determine if Guangdong Join-Share Financing Guarantee Investment 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:1543 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Guangdong Join-Share Financing Guarantee Investment Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1543 Past Financials Data
Date (Data in CNY Millions) EPS *
2019-06-30 0.08
2019-03-31 0.09
2018-12-31 0.09
2018-09-30 0.09
2018-06-30 0.09
2018-03-31 0.09
2017-12-31 0.10
2017-09-30 0.11
2017-06-30 0.11
2017-03-31 0.11
2016-12-31 0.11
2016-09-30 0.11

*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 Guangdong Join-Share Financing Guarantee Investment will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Guangdong Join-Share Financing Guarantee Investment'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. Guangdong Join-Share Financing Guarantee Investment'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. Guangdong Join-Share Financing Guarantee Investment'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 Guangdong Join-Share Financing Guarantee Investment'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.
Guangdong Join-Share Financing Guarantee Investment 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 Guangdong Join-Share Financing Guarantee Investment 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 Guangdong Join-Share Financing Guarantee Investment'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.
  • Guangdong Join-Share Financing Guarantee Investment's year on year earnings growth rate was negative over the past 5 years, however the most recent earnings are above average.
  • Guangdong Join-Share Financing Guarantee Investment's 1-year earnings growth exceeds its 5-year average (25.7% vs -1.4%)
  • Guangdong Join-Share Financing Guarantee Investment's earnings growth has exceeded the HK Consumer Finance industry average in the past year (25.7% vs -7.5%).
Earnings and Revenue History
Guangdong Join-Share Financing Guarantee Investment'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 Guangdong Join-Share Financing Guarantee Investment Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1543 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 341.76 132.29 6.40
2019-03-31 320.90 128.69 7.90
2018-12-31 300.05 125.09 9.40
2018-09-30 283.42 115.17 7.59
2018-06-30 266.79 105.24 5.77
2018-03-31 268.28 105.65 5.58
2017-12-31 269.77 106.07 5.39
2017-09-30 277.17 113.27 6.56
2017-06-30 284.58 120.46 7.73
2017-03-31 283.02 117.40 6.42
2016-12-31 281.45 114.33 5.12
2016-09-30 288.07 109.86 5.40
2016-06-30 294.68 105.38 5.69
2016-03-31 300.39 108.74 5.69
2015-12-31 306.11 112.10 5.69
2015-09-30 308.68 119.24 4.48
2015-06-30 311.26 126.37 3.26
2015-03-31 317.95 135.82 4.65
2014-12-31 324.63 145.26 6.05
2013-12-31 277.52 129.77 4.48
2012-12-31 230.85 115.63 3.26

*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.
  • Guangdong Join-Share Financing Guarantee Investment has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Guangdong Join-Share Financing Guarantee Investment used its assets more efficiently than the HK Consumer Finance industry average last year based on Return on Assets.
  • Unable to establish if Guangdong Join-Share Financing Guarantee Investment improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess Guangdong Join-Share Financing Guarantee Investment'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.
Guangdong Join-Share Financing Guarantee Investment 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 Guangdong Join-Share Financing Guarantee Investment'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 Guangdong Join-Share Financing Guarantee Investment's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Guangdong Join-Share Financing Guarantee Investment is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Guangdong Join-Share Financing Guarantee Investment's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Guangdong Join-Share Financing Guarantee Investment'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 13.5x 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 Guangdong Join-Share Financing Guarantee Investment Company Filings, last reported 5 months ago.

SEHK:1543 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 2,334.72 199.76 727.92
2019-03-31 2,334.72 199.76 727.92
2018-12-31 2,361.61 183.89 682.43
2018-09-30 2,361.61 183.89 682.43
2018-06-30 2,287.99 159.77 576.57
2018-03-31 2,287.99 159.77 576.57
2017-12-31 1,735.76 197.31 406.75
2017-09-30 1,735.76 197.31 406.75
2017-06-30 1,687.62 201.18 378.45
2017-03-31 1,687.62 201.18 378.45
2016-12-31 1,712.20 129.99 770.20
2016-09-30 1,712.20 129.99 770.20
2016-06-30 1,641.97 144.98 760.90
2016-03-31 1,641.97 144.98 760.90
2015-12-31 1,722.04 141.58 866.25
2015-09-30 1,722.04 141.58 866.25
2015-06-30 1,385.23 170.87 582.91
2015-03-31 1,385.23 170.87 582.91
2014-12-31 1,324.02 167.98 858.33
2013-12-31 1,157.23 0.00 789.96
2012-12-31 994.52 52.90 672.88
  • Guangdong Join-Share Financing Guarantee Investment's level of debt (8.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (6.8% vs 8.6% today).
  • Debt is well covered by operating cash flow (235.1%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Guangdong Join-Share Financing Guarantee Investment's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Guangdong Join-Share Financing Guarantee Investment'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. Guangdong Join-Share Financing Guarantee Investment has a total score of 4/6, 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 Guangdong Join-Share Financing Guarantee Investment'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
3.72%
Current annual income from Guangdong Join-Share Financing Guarantee Investment dividends.
If you bought HK$2,000 of Guangdong Join-Share Financing Guarantee Investment shares you are expected to receive HK$74 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?
  • Guangdong Join-Share Financing Guarantee Investment's pays a higher dividend yield than the bottom 25% of dividend payers in Hong Kong (2.21%).
  • Guangdong Join-Share Financing Guarantee Investment's dividend is below the markets top 25% of dividend payers in Hong Kong (6.15%).
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:1543 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 Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 6.1%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 961 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.3%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.2%
Hong Kong Top 25% Dividend Yield 75th Percentile 6.2%

Industry and Market average data is calculated daily.

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

SEHK:1543 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2019-04-17 0.054 3.860
2019-03-18 0.054 4.628
2018-06-06 0.076 5.606
2017-03-28 0.085 6.728
2016-04-28 0.085 7.157
2016-03-29 0.085 7.400

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

  • Guangdong Join-Share Financing Guarantee Investment has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Guangdong Join-Share Financing Guarantee Investment has only been paying a dividend for 4 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Guangdong Join-Share Financing Guarantee Investment's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.6x coverage).
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 Guangdong Join-Share Financing Guarantee Investment's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.3%) - 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 Guangdong Join-Share Financing Guarantee Investment afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Guangdong Join-Share Financing Guarantee Investment has a total score of 2/6, 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 Guangdong Join-Share Financing Guarantee Investment'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.
  • Guangdong Join-Share Financing Guarantee Investment has no CEO, or we have no data on them.
Management Team Tenure

Average tenure and age of the Guangdong Join-Share Financing Guarantee Investment management team in years:

1.6
Average Tenure
52
Average Age
  • The average tenure for the Guangdong Join-Share Financing Guarantee Investment management team is less than 2 years, this suggests a new team.
Management Team

Liejin Wu

TITLE
Chairman
COMPENSATION
CN¥3M
AGE
58

Deben Zhang

TITLE
Executive VP & Non-Executive Director
COMPENSATION
CN¥2M
AGE
57

Haoming Lu

TITLE
CFO, GM of Finance Management Department and Assistant to President
AGE
52

Zhengqiang Zheng

TITLE
GM of Administration Department
AGE
42
TENURE
0.2 yrs

Biwen Huang

TITLE
Chief Risk Officer & GM of Risk Management Department
AGE
44

Pete Lau

TITLE
Joint Company Secretary
AGE
34
TENURE
1.6 yrs

Yi Liang

TITLE
GM of Nanhai Branch & Employee Representative Supervisor
AGE
54
TENURE
8.9 yrs
Board of Directors Tenure

Average tenure and age of the Guangdong Join-Share Financing Guarantee Investment board of directors in years:

5.5
Average Tenure
48.5
Average Age
  • The tenure for the Guangdong Join-Share Financing Guarantee Investment board of directors is about average.
Board of Directors

Minming Zhang

TITLE
Vice Chairman
COMPENSATION
CN¥30K
AGE
39

Liejin Wu

TITLE
Chairman
COMPENSATION
CN¥3M
AGE
58

Deben Zhang

TITLE
Executive VP & Non-Executive Director
COMPENSATION
CN¥2M
AGE
57
TENURE
1.5 yrs

Zhengqiang Zheng

TITLE
GM of Administration Department
AGE
42

Yi Liang

TITLE
GM of Nanhai Branch & Employee Representative Supervisor
AGE
54
TENURE
4.7 yrs

Xiangneng Wu

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥80K
AGE
44
TENURE
6.3 yrs

Hon Man Leung

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥80K
AGE
53
TENURE
5.5 yrs

Qi Li

TITLE
Chairman of the Board of Supervisors
COMPENSATION
CN¥15K
AGE
42
TENURE
4.7 yrs

Lidan Gu

TITLE
Non-Executive Director
AGE
42
TENURE
5.8 yrs

Guoshen Huang

TITLE
Non-Executive Director
COMPENSATION
CN¥30K
AGE
55
TENURE
16.6 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Guangdong Join-Share Financing Guarantee Investment individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
12. Dec 19 Buy Zhi Jian Wu Individual 11. Dec 19 11. Dec 19 20,000 HK$1.60 HK$32,000
12. Dec 19 Buy Zhi Jian Wu Individual 09. Dec 19 09. Dec 19 20,000 HK$1.57 HK$31,400
04. Dec 19 Buy Zhi Jian Wu Individual 03. Nov 19 03. Nov 19 40,000 HK$1.57 HK$62,800
04. Dec 19 Buy Zhi Jian Wu Individual 02. Nov 19 02. Nov 19 136,000 HK$1.58 HK$214,880
04. Dec 19 Buy Zhi Jian Wu Individual 02. Dec 19 02. Dec 19 136,000 HK$1.58 HK$214,880
04. Dec 19 Buy Zhi Jian Wu Individual 03. Dec 19 03. Dec 19 40,000 HK$1.57 HK$62,800
02. Dec 19 Buy Zhi Jian Wu Individual 28. Nov 19 28. Nov 19 22,000 HK$1.59 HK$34,980
02. Dec 19 Buy Zhi Jian Wu Individual 29. Nov 19 29. Nov 19 140,000 HK$1.60 HK$224,000
26. Nov 19 Buy Zhi Jian Wu Individual 25. Nov 19 25. Nov 19 20,000 HK$1.67 HK$33,400
26. Nov 19 Buy Zhi Jian Wu Individual 22. Nov 19 22. Nov 19 52,000 HK$1.54 HK$80,080
18. Nov 19 Buy Zhi Jian Wu Individual 08. Nov 19 08. Nov 19 130,000 HK$1.54 HK$200,200
21. Nov 19 Buy Zhi Jian Wu Individual 19. Nov 19 19. Nov 19 22,000 HK$1.54 HK$33,880
18. Nov 19 Buy Zhi Jian Wu Individual 15. Nov 19 15. Nov 19 160,000 HK$1.64 HK$262,400
18. Nov 19 Buy Zhi Jian Wu Individual 13. Nov 19 13. Nov 19 10,000 HK$1.68 HK$16,800
08. Nov 19 Buy Zhi Jian Wu Individual 07. Nov 19 07. Nov 19 10,000 HK$1.52 HK$15,200
07. Nov 19 Buy Zhi Jian Wu Individual 01. Nov 19 01. Nov 19 10,000 HK$1.53 HK$15,300
07. Nov 19 Buy Zhi Jian Wu Individual 06. Nov 19 06. Nov 19 270,000 HK$1.47 HK$396,091
31. Oct 19 Buy Zhi Jian Wu Individual 28. Oct 19 28. Oct 19 10,000 HK$1.52 HK$15,200
24. Oct 19 Buy Zhi Jian Wu Individual 23. Oct 19 23. Oct 19 100,000 HK$1.52 HK$152,000
23. Oct 19 Buy Zhi Jian Wu Individual 21. Oct 19 21. Oct 19 14,000 HK$1.52 HK$21,252
15. Oct 19 Buy Zhi Jian Wu Individual 11. Oct 19 11. Oct 19 56,000 HK$1.49 HK$83,160
15. Oct 19 Buy Zhi Jian Wu Individual 14. Oct 19 14. Oct 19 10,000 HK$1.50 HK$15,000
09. Oct 19 Buy Zhi Jian Wu Individual 30. Sep 19 30. Sep 19 60,000 HK$1.51 HK$90,600
09. Oct 19 Buy Zhi Jian Wu Individual 02. Oct 19 02. Oct 19 10,000 HK$1.52 HK$15,200
09. Oct 19 Buy Zhi Jian Wu Individual 08. Oct 19 08. Oct 19 84,000 HK$1.50 HK$126,000
24. Sep 19 Buy Zhi Jian Wu Individual 23. Sep 19 23. Sep 19 80,000 HK$1.53 HK$122,400
23. Sep 19 Sell Zhi Jian Wu Individual 20. Sep 19 20. Sep 19 -60,000 HK$1.53 HK$-91,800
10. Sep 19 Buy Zhi Jian Wu Individual 06. Sep 19 06. Sep 19 8,000 HK$1.53 HK$12,240
06. Sep 19 Buy Zhi Jian Wu Individual 04. Sep 19 04. Sep 19 20,000 HK$1.60 HK$32,000
05. Sep 19 Buy Zhi Jian Wu Individual 03. Sep 19 03. Sep 19 10,000 HK$1.59 HK$15,900
30. Aug 19 Buy Zhi Jian Wu Individual 28. Aug 19 28. Aug 19 10,000 HK$1.60 HK$16,000
09. Aug 19 Buy Zhi Jian Wu Individual 08. Aug 19 08. Aug 19 3,100,000 HK$1.61 HK$4,991,002
12. Jul 19 Sell Zhi Jian Wu Individual 11. Jul 19 11. Jul 19 -1,000,000 HK$1.74 HK$-1,739,997
24. Jun 19 Buy Zhi Jian Wu Individual 21. Jun 19 21. Jun 19 2,340,000 HK$1.82 HK$4,258,802
21. Jun 19 Buy Zhi Jian Wu Individual 19. Jun 19 19. Jun 19 216,000 HK$1.69 HK$365,040
21. Jun 19 Buy Zhi Jian Wu Individual 20. Jun 19 20. Jun 19 26,000 HK$1.64 HK$42,640
20. Jun 19 Buy Zhi Jian Wu Individual 18. Jun 19 18. Jun 19 1,672,000 HK$1.62 HK$2,708,640
19. Jun 19 Buy Zhi Jian Wu Individual 17. Jun 19 17. Jun 19 5,096,000 HK$1.58 HK$8,051,665
28. May 19 Buy Zhi Jian Wu Individual 24. May 19 24. May 19 14,000 HK$1.44 HK$20,160
21. May 19 Buy Zhi Jian Wu Individual 17. May 19 17. May 19 58,000 HK$1.47 HK$85,260
15. May 19 Buy Zhi Jian Wu Individual 10. May 19 10. May 19 20,000 HK$1.49 HK$29,800
14. May 19 Buy Zhi Jian Wu Individual 09. May 19 09. May 19 44,000 HK$1.49 HK$65,340
09. May 19 Buy Zhi Jian Wu Individual 07. May 19 07. May 19 66,000 HK$1.49 HK$98,604
08. May 19 Buy Zhi Jian Wu Individual 06. May 19 06. May 19 76,000 HK$1.48 HK$112,480
03. May 19 Buy Zhi Jian Wu Individual 30. Apr 19 30. Apr 19 54,000 HK$1.50 HK$80,838
30. Apr 19 Buy Zhi Jian Wu Individual 26. Apr 19 26. Apr 19 30,000 HK$1.53 HK$45,900
29. Apr 19 Buy Zhi Jian Wu Individual 25. Apr 19 25. Apr 19 10,000 HK$1.53 HK$15,300
23. Apr 19 Buy Zhi Jian Wu Individual 18. Apr 19 18. Apr 19 174,000 HK$1.56 HK$271,440
18. Apr 19 Buy Zhi Jian Wu Individual 15. Apr 19 15. Apr 19 92,000 HK$1.55 HK$142,142
15. Apr 19 Buy Zhi Jian Wu Individual 12. Apr 19 12. Apr 19 462,000 HK$1.54 HK$709,632
15. Apr 19 Buy Zhi Jian Wu Individual 11. Apr 19 11. Apr 19 202,000 HK$1.51 HK$304,212
10. Apr 19 Sell Zhi Jian Wu Individual 08. Apr 19 08. Apr 19 -142,000 HK$1.17 HK$-166,680
10. Apr 19 Sell Zhi Jian Wu Individual 09. Apr 19 09. Apr 19 -352,000 HK$1.23 HK$-432,363
08. Apr 19 Sell Zhi Jian Wu Individual 04. Apr 19 04. Apr 19 -364,000 HK$1.24 HK$-451,361
08. Apr 19 Sell Zhi Jian Wu Individual 03. Apr 19 03. Apr 19 -114,000 HK$1.28 HK$-145,840
03. Apr 19 Sell Zhi Jian Wu Individual 01. Apr 19 01. Apr 19 -64,000 HK$1.30 HK$-83,136
03. Apr 19 Buy Zhi Jian Wu Individual 02. Apr 19 02. Apr 19 358,000 HK$1.30 HK$465,043
01. Apr 19 Sell Zhi Jian Wu Individual 29. Mar 19 29. Mar 19 -244,000 HK$1.28 HK$-313,539
01. Apr 19 Sell Zhi Jian Wu Individual 28. Mar 19 28. Mar 19 -150,000 HK$1.28 HK$-192,000
28. Mar 19 Sell Zhi Jian Wu Individual 27. Mar 19 27. Mar 19 -102,000 HK$1.28 HK$-130,254
27. Mar 19 Sell Zhi Jian Wu Individual 25. Mar 19 25. Mar 19 -20,000 HK$1.33 HK$-26,600
25. Mar 19 Buy Zhi Jian Wu Individual 22. Mar 19 22. Mar 19 70,000 HK$1.34 HK$93,450
22. Mar 19 Sell Zhi Jian Wu Individual 21. Mar 19 21. Mar 19 -170,000 HK$1.35 HK$-229,500
21. Mar 19 Sell Zhi Jian Wu Individual 20. Mar 19 20. Mar 19 -294,000 HK$1.37 HK$-402,780
21. Mar 19 Sell Zhi Jian Wu Individual 19. Mar 19 19. Mar 19 -130,000 HK$1.37 HK$-178,100
14. Mar 19 Sell Zhi Jian Wu Individual 12. Mar 19 12. Mar 19 -150,000 HK$1.35 HK$-202,500
04. Mar 19 Sell Zhi Jian Wu Individual 28. Feb 19 28. Feb 19 -80,000 HK$1.41 HK$-112,800
20. Feb 19 Sell Zhi Jian Wu Individual 18. Feb 19 18. Feb 19 -1,150,000 HK$1.39 HK$-1,598,497
18. Feb 19 Sell Zhi Jian Wu Individual 15. Feb 19 15. Feb 19 -896,000 HK$1.39 HK$-1,245,437
15. Feb 19 Sell Zhi Jian Wu Individual 14. Feb 19 14. Feb 19 -562,000 HK$1.37 HK$-769,941
11. Feb 19 Sell Zhi Jian Wu Individual 01. Feb 19 01. Feb 19 -14,000 HK$1.38 HK$-19,320
14. Feb 19 Sell Zhi Jian Wu Individual 12. Feb 19 12. Feb 19 -10,000 HK$1.45 HK$-14,500
01. Feb 19 Sell Zhi Jian Wu Individual 31. Jan 19 31. Jan 19 -140,000 HK$1.40 HK$-196,001
31. Jan 19 Sell Zhi Jian Wu Individual 29. Jan 19 29. Jan 19 -48,000 HK$1.43 HK$-68,640
30. Jan 19 Sell Zhi Jian Wu Individual 28. Jan 19 28. Jan 19 -40,000 HK$1.43 HK$-57,200
28. Jan 19 Sell Zhi Jian Wu Individual 25. Jan 19 25. Jan 19 -68,000 HK$1.42 HK$-96,560
28. Jan 19 Sell Zhi Jian Wu Individual 24. Jan 19 24. Jan 19 -108,000 HK$1.45 HK$-156,600
24. Jan 19 Sell Zhi Jian Wu Individual 23. Jan 19 23. Jan 19 -142,000 HK$1.44 HK$-204,480
15. Jan 19 Buy Zhi Jian Wu Individual 11. Jan 19 11. Jan 19 90,000 HK$1.50 HK$135,000
31. Dec 18 Buy Zhi Jian Wu Individual 27. Dec 18 27. Dec 18 22,000 HK$1.57 HK$34,540
08. Jan 19 Sell Zhi Jian Wu Individual 07. Jan 19 07. Jan 19 -190,000 HK$1.51 HK$-286,901
03. Jan 19 Buy Zhi Jian Wu Individual 02. Jan 19 02. Jan 19 200,000 HK$1.55 HK$309,999
03. Jan 19 Buy Zhi Jian Wu Individual 31. Dec 18 31. Dec 18 22,000 HK$1.58 HK$34,760
18. Dec 18 Sell Zhi Jian Wu Individual 17. Dec 18 17. Dec 18 -3,092,000 HK$1.60 HK$-4,947,208
X
Management checks
We assess Guangdong Join-Share Financing Guarantee Investment'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. Guangdong Join-Share Financing Guarantee Investment 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

How Has Guangdong Join-Share Financing Guarantee Investment Co Ltd's (HKG:1543) Earnings Fared Against The Long Term Trend

Examining Guangdong Join-Share Financing Guarantee Investment Co Ltd's (HKG:1543) past track record of performance is an insightful exercise for investors. … Today I will assess 1543's latest performance announced on 31 December 2017 and compare these figures to its longer term trend and industry movements. … See our latest analysis for Guangdong Join-Share Financing Guarantee Investment?

Simply Wall St -

Is Guangdong Join-Share Financing Guarantee Investment Co Ltd (HKG:1543) A Sell At Its Current PE Ratio?

and want to better understand how you can grow your money by investing in Guangdong Join-Share Financing Guarantee Investment Co Ltd (HKG:1543). … Guangdong Join-Share Financing Guarantee Investment Co Ltd (HKG:1543) is currently trading at a trailing P/E of 14.5x, which is higher than the industry average of 8x. … Although some investors may jump to the conclusion that you should avoid the stock or sell if you own it, understanding the assumptions behind the P/E ratio might change your mind

Simply Wall St -

Should Income Investors Buy Guangdong Join-Share Financing Guarantee Investment Co Ltd. (HKG:1543) Before Its Ex-Dividend?

See our latest analysis for Guangdong Join-Share Financing Guarantee Investment How I analyze a dividend stock If you are a dividend investor, you should always assess these five key metrics: Is its annual yield among the top 25% of dividend-paying companies? … SEHK:1543 Historical Dividend Yield Jun 5th 18 How does Guangdong Join-Share Financing Guarantee Investment fare? … Unfortunately, it is really too early to view Guangdong Join-Share Financing Guarantee Investment as a dividend investment.

Simply Wall St -

Guangdong Join-Share Financing Guarantee Investment Co Ltd.'s (HKG:1543) Earnings Dropped -7.23%, How Did It Fare Against The Industry?

Examining Guangdong Join-Share Financing Guarantee Investment Co Ltd.'s (SEHK:1543) past track record of performance is a valuable exercise for investors. … Check out our latest analysis for Guangdong Join-Share Financing Guarantee Investment Was 1543's recent earnings decline indicative of a tough track record? … For Guangdong Join-Share Financing Guarantee Investment, its most recent earnings (trailing twelve month) is CN¥106.07M, which, relative to last year’s level, has dropped by -7.23%.

Simply Wall St -

With A Recent ROE Of 8.72%, Can Guangdong Join-Share Financing Guarantee Investment Co Ltd (HKG:1543) Catch Up To Its Industry?

Guangdong Join-Share Financing Guarantee Investment Co Ltd (SEHK:1543) generated a below-average return on equity of 8.72% in the past 12 months, while its industry returned 11.77%. … See our latest analysis for Guangdong Join-Share Financing Guarantee Investment Peeling the layers of ROE – trisecting a company’s profitability Return on Equity (ROE) weighs Guangdong Join-Share Financing Guarantee Investment’s profit against the level of its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is measured against cost of equity in order to determine the efficiency of Guangdong Join-Share Financing Guarantee Investment’s equity capital deployed.

Simply Wall St -

Company Info

Description

Guangdong Join-Share Financing Guarantee Investment Co., Ltd., together with its subsidiaries, provides credit-based financing solutions to small and medium-sized enterprises (SMEs) for their financing and business needs in the People’s Republic of China. It operates in two segments, Guarantees and SME Lending. The Guarantees segment offers financing guarantees, such as indirect and direct financing guarantees; and non-financing guarantees, including attachment bonds, construction contract bonds, and other contract bonds. It also provides debt financing, internal control, and risk management related consulting services to the guarantee customers. This segment offers guarantees on behalf of SMEs and individual business proprietors. The SME Lending segment provides loans and related financing consulting services to the small and medium sized and micro enterprises (SME enterprises) or the owners of SME enterprises; and micro-lending to SMEs, individual business proprietors, and individuals. The company also offers investment and consulting services; and microcredit, supply chain, and factoring services. Guangdong Join-Share Financing Guarantee Investment Co., Ltd. was founded in 2003 and is headquartered in Foshan, China.

Details
Name: Guangdong Join-Share Financing Guarantee Investment Co., Ltd.
1543
Exchange: SEHK
Founded: 2003
HK$2,528,484,152
1,560,792,687
Website: http://www.join-share.com
Address: Guangdong Join-Share Financing Guarantee Investment Co., Ltd.
Chuangye Building,
22nd Floor,
Foshan,
Guangdong Province, China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1543 Foreign Shares-Foreign Listed The Stock Exchange of Hong Kong Ltd. HK HKD 23. Dec 2015
Number of employees
Current staff
Staff numbers
301
Guangdong Join-Share Financing Guarantee Investment employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/12/14 12:59
End of day share price update: 2019/12/13 00:00
Last earnings filing: 2019/08/28
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.