Chong Sing Holdings FinTech Group
Chong Sing Holdings FinTech Group Limited, an investment holding company, provides online financial services to small and medium-sized enterprises, merchants, and individuals through Internet and mobile solutions. The last earnings update was 146 days ago. More info.
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8207 Share Price and Events
7 Day Returns
1 Year Returns
8207 Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Chong Sing Holdings FinTech Group (8207) | 0% | 0% | -7.7% | -97.1% | -98.8% | -96.6% |
| HK Consumer Finance | -4.2% | -3% | -12.6% | -24.9% | -26.5% | -29.8% |
| HK Market | -1.1% | 1% | -8.5% | -8.3% | 0.8% | -4.1% |
1 Year Return vs Industry and Market
- 8207 underperformed the Consumer Finance industry which returned -24.9% over the past year.
- 8207 underperformed the Market in Hong Kong which returned -8.3% over the past year.
8207 Value
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
Chong Sing Holdings FinTech Group
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.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Chong Sing Holdings FinTech Group.
| 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¥0.23 * 6.3% |
CN¥0.01 |
| Book Value of Equity per Share | Median Book Value from the past 5 years. | CN¥0.23 |
| Discount Rate (Cost of Equity) | See below | 15.3% |
| Perpetual Growth Rate | 10-Year HK Government Bond Rate | 2% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year HK Govt Bond Rate | 2% |
| Equity Risk Premium | S&P Global | 6.7% |
| Consumer Finance Unlevered Beta | Simply Wall St/ S&P Global | 0.68 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.678 (1 + (1- 25%) (1374.21%)) |
5.469 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
2 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (2 * 6.65%) |
15.3% |
Discounted Cash Flow Calculation for SEHK:8207 using Excess Returns Model Model
The calculations below outline how an intrinsic value for Chong Sing Holdings FinTech Group 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.
| Calculation | Result | |
|---|---|---|
| Excess Returns |
= (Stable Return on equity – Cost of equity) (Book Value of
Equity per share)
= (6.3% – 15.3%) * CN¥0.23) |
CN¥-0.02 |
| Terminal Value of Excess Returns |
= Excess Returns / (Cost of Equity -
Expected Growth Rate)
= CN¥-0.02 / (15.3% - 2%) |
CN¥-0.16 |
| Value of Equity |
= Book Value per share + Terminal Value of
Excess Returns
= CN¥0.23 + CN¥-0.16 |
CN¥0.07 |
| Calculation | Result | |
|---|---|---|
| Exchange Rate | CNY/HKD
(Reporting currency to currency of SEHK:8207) |
1.097 |
| Value per Share (HKD) |
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥0.07 x 1.097 |
HK$0.08 |
| Value per share (HKD) | From above. | HK$0.08 |
| Current discount | Discount to share price of
HK$0.01
= -1 x (HK$0.01 - HK$0.08) / HK$0.08 |
85.4% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Chong Sing Holdings FinTech Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
- Chong Sing Holdings FinTech Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Chong Sing Holdings FinTech Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Chong Sing Holdings FinTech Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-03-31) in CNY | CN¥-0.05 |
| SEHK:8207 Share Price ** | SEHK (2019-07-05) in HKD | HK$0.01 |
| SEHK:8207 Share Price converted to CNY reporting currency | Exchange rate (HKD/ CNY) 0.911 | CN¥0.01 |
| Hong Kong Consumer Finance Industry PE Ratio | Median Figure of 19 Publicly-Listed Consumer Finance Companies | 8.55x |
| Hong Kong Market PE Ratio | Median Figure of 1,468 Publicly-Listed Companies | 10.51x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Chong Sing Holdings FinTech Group.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = SEHK:8207 Share Price ÷ EPS (both in CNY) = 0.01 ÷ -0.05 |
-0.23x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Chong Sing Holdings FinTech Group is loss making, we can't compare its value to the HK Consumer Finance industry average.
- Chong Sing Holdings FinTech Group is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does
Chong Sing Holdings FinTech Group's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | -0.23x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
43.4%per year |
| Asia Consumer Finance Industry PEG Ratio | Median Figure of 29 Publicly-Listed Consumer Finance Companies | 0.82x |
| Hong Kong Market PEG Ratio | Median Figure of 480 Publicly-Listed Companies | 0.72x |
*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 Chong Sing Holdings FinTech Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
Chong Sing Holdings FinTech Group's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-03-31) in CNY | CN¥0.23 |
| SEHK:8207 Share Price * | SEHK (2019-07-05) in HKD | HK$0.01 |
| SEHK:8207 Share Price converted to CNY reporting currency | Exchange rate (HKD/ CNY) 0.911 | CN¥0.01 |
| Hong Kong Consumer Finance Industry PB Ratio | Median Figure of 28 Publicly-Listed Consumer Finance Companies | 0.57x |
| Hong Kong Market PB Ratio | Median Figure of 2,192 Publicly-Listed Companies | 0.86x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = SEHK:8207 Share Price ÷ Book Value per Share (both in CNY) = 0.01 ÷ 0.23 |
0.05x |
* Primary Listing of Chong Sing Holdings FinTech Group.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Chong Sing Holdings FinTech Group is good value based on assets compared to the HK Consumer Finance industry average.
Value checks
We assess Chong Sing Holdings FinTech Group's value by looking at:- 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. )
- Is the PE ratio less than the market average, and/ or less than the Consumer Finance industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Consumer Finance industry average (and greater than 0)? (1 check) Chong Sing Holdings FinTech Group 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.
8207 Future Performance
- No analysts cover Chong Sing Holdings FinTech Group, future earnings growth has been estimated based on fundamentals.
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!
Earnings growth vs Low Risk Savings
- Chong Sing Holdings FinTech Group's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
- Chong Sing Holdings FinTech Group's earnings growth is expected to exceed the Hong Kong market average.
- Unable to compare Chong Sing Holdings FinTech Group's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| SEHK:8207 Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | 43.4% |
| Hong Kong Consumer Finance Industry Earnings Growth Rate | Market Cap Weighted Average | -13.5% |
| Hong Kong Consumer Finance Industry Revenue Growth Rate | Market Cap Weighted Average | 21.2% |
| Hong Kong Market Earnings Growth Rate | Market Cap Weighted Average | 11.1% |
| 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
| 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 |
| Date (Data in CNY Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|
| Date (Data in CNY Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-03-31 | 2,637 | -1,081 | |
| 2018-12-31 | 2,733 | -1,254 | -858 |
| 2018-09-30 | 3,001 | 262 | |
| 2018-06-30 | 4,117 | 2 | 545 |
| 2018-03-31 | 4,359 | 753 | |
| 2017-12-31 | 4,469 | 755 | 803 |
| 2017-09-30 | 3,772 | 865 | |
| 2017-06-30 | 2,360 | 87 | 741 |
| 2017-03-31 | 1,338 | 349 | |
| 2016-12-31 | 859 | -527 | 301 |
| 2016-09-30 | 651 | 247 | |
| 2016-06-30 | 545 | -1,082 | 175 |
*GAAP earnings excluding extraordinary items.
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 Chong Sing Holdings FinTech Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in CNY Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|
| Date (Data in CNY Millions) | EPS * |
|---|---|
| 2019-03-31 | -0.05 |
| 2018-12-31 | -0.04 |
| 2018-09-30 | 0.01 |
| 2018-06-30 | 0.02 |
| 2018-03-31 | 0.03 |
| 2017-12-31 | 0.04 |
| 2017-09-30 | 0.04 |
| 2017-06-30 | 0.03 |
| 2017-03-31 | 0.02 |
| 2016-12-31 | 0.01 |
| 2016-09-30 | 0.01 |
| 2016-06-30 | 0.01 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if Chong Sing Holdings FinTech Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess Chong Sing Holdings FinTech Group's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Chong Sing Holdings FinTech Group has a total score of 3/6, 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.
8207 Past Performance
How has Chong Sing Holdings FinTech 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
Past Earnings growth analysis
- Chong Sing Holdings FinTech Group does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
- Unable to compare Chong Sing Holdings FinTech Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
- Unable to compare Chong Sing Holdings FinTech Group's 1-year growth to the HK Consumer Finance industry average as it is not currently profitable.
Earnings and Revenue History
All data from Chong Sing Holdings FinTech Group Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in CNY Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-03-31 | 2,636.79 | -1,080.52 | 3,783.58 | |
| 2018-12-31 | 2,733.01 | -857.62 | 3,787.60 | |
| 2018-09-30 | 3,000.61 | 262.46 | 3,163.72 | |
| 2018-06-30 | 4,117.37 | 544.81 | 3,516.36 | |
| 2018-03-31 | 4,358.66 | 753.43 | 3,628.75 | |
| 2017-12-31 | 4,468.91 | 803.01 | 3,387.76 | |
| 2017-09-30 | 3,772.21 | 865.13 | 2,338.54 | |
| 2017-06-30 | 2,360.05 | 741.29 | 1,498.98 | |
| 2017-03-31 | 1,338.37 | 348.63 | 813.96 | |
| 2016-12-31 | 859.05 | 301.12 | 483.46 | |
| 2016-09-30 | 650.55 | 247.07 | 345.15 | |
| 2016-06-30 | 545.17 | 175.12 | 304.70 | |
| 2016-03-31 | 441.30 | 126.18 | 286.40 | |
| 2015-12-31 | 348.10 | 85.61 | 244.89 | |
| 2015-09-30 | 274.30 | 39.98 | 228.78 | |
| 2015-06-30 | 264.95 | 51.20 | 205.83 | |
| 2015-03-31 | 287.20 | 48.28 | 194.47 | |
| 2014-12-31 | 289.41 | 58.19 | 194.57 | |
| 2014-09-30 | 254.44 | 124.22 | 146.08 | |
| 2014-06-30 | 245.29 | 124.12 | 143.74 | |
| 2014-03-31 | 246.11 | 132.47 | 141.17 | |
| 2013-12-31 | 239.83 | 141.25 | 118.68 | |
| 2013-09-30 | 280.92 | 132.26 | 102.25 | |
| 2013-06-30 | 286.49 | 142.25 | 92.56 | |
| 2013-03-31 | 286.38 | 149.96 | 71.53 | |
| 2012-12-31 | 289.63 | 149.53 | 71.44 |
*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 Chong Sing Holdings FinTech 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 Chong Sing Holdings FinTech Group has efficiently used its assets last year compared to the HK Consumer Finance industry average (Return on Assets) as it is loss-making.
- It is difficult to establish if Chong Sing Holdings FinTech Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess Chong Sing Holdings FinTech Group's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Consumer Finance industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Chong Sing Holdings FinTech 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.
8207 Health
How is Chong Sing Holdings FinTech 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 Chong Sing Holdings FinTech Group's finances.
The net worth of a company is the difference between its assets and liabilities.
- Chong Sing Holdings FinTech Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Chong Sing Holdings FinTech Group's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 2.4x 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.
All data from Chong Sing Holdings FinTech Group Company Filings, last reported 6 months ago.
| Date (Data in CNY Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-03-31 | 5,809.10 | 3,471.60 | 1,635.76 |
| 2018-12-31 | 5,809.10 | 3,471.60 | 1,635.76 |
| 2018-09-30 | |||
| 2018-06-30 | 6,414.65 | 4,046.35 | 1,658.56 |
| 2018-03-31 | 5,566.42 | 3,852.39 | 1,301.33 |
| 2017-12-31 | 5,566.42 | 3,852.39 | 1,301.33 |
| 2017-09-30 | |||
| 2017-06-30 | 5,244.91 | 3,411.40 | 966.50 |
| 2017-03-31 | 4,241.58 | 3,835.48 | 1,256.89 |
| 2016-12-31 | 4,241.58 | 3,835.48 | 1,256.89 |
| 2016-09-30 | |||
| 2016-06-30 | 3,590.90 | 1,871.31 | 632.12 |
| 2016-03-31 | 2,632.59 | 1,514.55 | 624.26 |
| 2015-12-31 | 2,632.59 | 1,512.34 | 624.26 |
| 2015-09-30 | |||
| 2015-06-30 | 1,506.75 | 1,122.15 | 199.58 |
| 2015-03-31 | 1,419.43 | 492.91 | 265.52 |
| 2014-12-31 | 1,419.43 | 492.91 | 265.52 |
| 2014-09-30 | |||
| 2014-06-30 | 1,461.45 | 732.36 | 231.09 |
| 2014-03-31 | 1,294.43 | 899.29 | 259.59 |
| 2013-12-31 | 1,294.43 | 899.29 | 259.59 |
| 2013-09-30 | |||
| 2013-06-30 | 1,025.26 | 294.17 | 393.10 |
| 2013-03-31 | 757.03 | 301.61 | 212.56 |
| 2012-12-31 | 757.03 | 301.61 | 212.56 |
- Chong Sing Holdings FinTech Group's level of debt (59.8%) compared to net worth is high (greater than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (69.2% vs 59.8% today).
- Operating cash flow is negative therefore debt is not well covered.
- Unable to confirm if the interest payments on Chong Sing Holdings FinTech Group's debt are well covered by earnings due to lack of past financial data.
Financial health checks
We assess Chong Sing Holdings FinTech Group's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Chong Sing Holdings FinTech Group has a total score of 3/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- 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.
8207 Dividends
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
HK$2,000 of
Chong Sing Holdings FinTech Group
shares you are expected to receive
HK$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Chong Sing Holdings FinTech Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Chong Sing Holdings FinTech 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.
| 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 978 Stocks | 3.8% |
| Hong Kong Minimum Threshold Dividend Yield | 10th Percentile | 1.3% |
| Hong Kong Bottom 25% Dividend Yield | 25th Percentile | 2.3% |
| Hong Kong Top 25% Dividend Yield | 75th Percentile | 6.3% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in CN¥) | Dividend per Share (annual) | Avg. No. Analysts |
|---|
| Date (Data in CN¥) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2016-11-07 | 0.000 | 0.000 |
| 2016-08-11 | 0.000 | 0.000 |
| 2016-08-08 | 0.000 | 0.000 |
| 2016-05-09 | 0.000 | 0.000 |
| 2016-03-30 | 0.000 | 0.000 |
| 2016-03-21 | 0.000 | 0.000 |
| 2015-05-11 | 0.001 | 0.202 |
| 2015-03-30 | 0.001 | 0.228 |
| 2015-03-24 | 0.001 | 0.259 |
| 2014-03-31 | 0.002 | 0.678 |
| 2014-03-13 | 0.002 | 0.648 |
| 2013-03-12 | 0.003 | 2.199 |
| 2013-03-11 | 0.003 | 1.773 |
| 2012-03-05 | 0.003 | 2.366 |
| 2011-03-01 | 0.003 | 1.976 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Chong Sing Holdings FinTech Group has not reported any payouts.
- Unable to verify if Chong Sing Holdings FinTech Group's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Chong Sing Holdings FinTech Group's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.3%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Chong Sing Holdings FinTech Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Chong Sing Holdings FinTech 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.
8207 Management
CEO
| COMPENSATION | CN¥22,618,000 |
| AGE | 51 |
| TENURE AS CEO | 5.3 years |
CEO Bio
Mr. Yew Kiat Phang has been the Chief Executive Officer and Vice Chairman of Credit China FinTech Holdings Limited (alternate name, Credit China Holdings Limited) since July 7, 2014 and has been its Executive Director since December 23, 2013. Mr. Phang is responsible for providing independent judgment to bear on issues of strategy, policy, performance, accountability, resources and standard of conduct at Credit China FinTech. He has over 17 years of experience in banking industry and had served at senior management position at various banks. He served as the Deputy Chief Executive Officer at China Bohai Bank Co., Ltd. from February 2006 to February 2009 and also served as its Head of Consumer Bank. Mr. Phang served as the General Manager, SME business for Singapore and Malaysia of Standard Chartered Bank since June 2009 and served as the Principal Director of Standard Chartered Private Bank from January 2011 to June 2012. In 2005, Mr. Phang was in charge of the establishment of China Bohai Bank in the PRC and served as an Executive Director and Deputy Chief Executive Officer of China Bohai Bank from 2006 to 2009, with full responsibilities for the consumer banking business (including both personal and SME businesses). He has been co-chairman of Deer Creek Advisors Pte. Ltd. (formerly known as Deauville Private Office Pte. Ltd.) since July 2012. He served as a Co-Chairman of Credit China FinTech Holdings Limited from March 17, 2014 to July 7, 2014 and served as its Deputy Chairman since December 23, 2013. He has been an Independent Non-Executive Director of Chuan Holdings Limited since May 10, 2016. In June 1995, Mr. Phang received a Master degree in Business and Administration in International Business from University of Bristol and in July 1993, he received a Bachelor degree of Engineering in Microelectronic Systems Engineering from University of Manchester in the faculty of Technology.
CEO Compensation
- Yew Kiat's compensation has been consistent with company performance over the past year, both up more than 20%.
- Yew Kiat's remuneration is higher than average for companies of similar size in Hong Kong.
Management Team Tenure
Average tenure and age of the Chong Sing Holdings FinTech Group management team in years:
- The average tenure for the Chong Sing Holdings FinTech Group management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team
Yew Kiat Phang
Vice Chairman & CEO
CN¥23M
51
5.3 yrs
Jianhui Yang
Executive Director
CN¥3M
48
1.9 yrs
Ronald Tam
Chief Financial Officer
37
3.4 yrs
Ivan Leung
Chief Operating Officer
56
Zhen Dong Sun
Chief Legal Counsel
51
Sha Xie
Vice President of Corporate Development Department
35
5.4 yrs
Rong Yu Ma
Chief Business Supervisor
Jian Shen
Chairlady of First House Loan
43
Seaman Kwok
Company Secretary
60
5.3 yrs
Gang Liu
Chief Executive Officer of UCF Pay Limited
44
5.8 yrs
Board of Directors Tenure
Average tenure and age of the Chong Sing Holdings FinTech Group board of directors in years:
- The tenure for the Chong Sing Holdings FinTech Group board of directors is about average.
Board of Directors
Raymond Ting
Honorary Chairman
CN¥2M
46
5.3 yrs
Yew Kiat Phang
Vice Chairman & CEO
CN¥23M
51
5.3 yrs
Jianhui Yang
Executive Director
CN¥3M
48
1.9 yrs
Ming Ge
Independent Non-Executive Director
CN¥1M
68
5.1 yrs
Minggang Ou
Independent Non-Executive Director
CN¥1M
51
4 yrs
Songqi Wang
Independent Non-Executive Director
CN¥569K
67
2.3 yrs
Poh Kiat Neo
Member of Advisory Panel
CN¥17K
68
5.3 yrs
Reimer Lau
Member of Advisory Panel
CN¥17K
54
5.3 yrs
Sze Lee
Member of Advisory Panel
CN¥17K
5.3 yrs
Jia Sheng
Non-Executive Director
CN¥3M
38
5.8 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (HK$) | Value (HK$) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 04. Jun 19 | Buy | Greenland Holdings Pty.Ltd | Company | 23. May 19 | 23. May 19 | 409,488,000 | HK$0.02 | HK$9,009,214 | ||
Management checks
We assess Chong Sing Holdings FinTech Group's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Chong Sing Holdings FinTech 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.
8207 News
Simply Wall St News
Do Insiders Own Shares In Chong Sing Holdings FinTech Group Limited (HKG:8207)?
If you want to know who really controls Chong Sing Holdings FinTech Group Limited (HKG:8207), then you'll have to look at the makeup of its share registry. … Chong Sing Holdings FinTech Group is not a large company by global standards. … institutions are not really that prevalent on the share registry.
Simply Wall St - – Full articleWhy Chong Sing Holdings FinTech Group Limited's (HKG:8207) CEO Pay Matters To You
Yew Kiat Phang became the CEO of Chong Sing Holdings FinTech Group Limited (HKG:8207) in 2014. … View our latest analysis for Chong Sing Holdings FinTech Group? … According to our data, Chong Sing Holdings FinTech Group Limited has a market capitalization of HK$1.2b, and pays its CEO total annual compensation worth CN¥29m.
Simply Wall St - – Full articleThe Chong Sing Holdings FinTech Group Share Price Is Down 93% So Some Shareholders Are Rather Upset
So spare a thought for the long term shareholders of Chong Sing Holdings FinTech Group Limited (HKG:8207); the share price is down a whopping 93% in the last twelve months. … View our latest analysis for Chong Sing Holdings FinTech Group. … Unhappily, Chong Sing Holdings FinTech Group had to report a 71% decline in EPS over the last year.
Simply Wall St - – Full articleAre Insiders Selling Chong Sing Holdings FinTech Group Limited (HKG:8207) Stock?
So shareholders might well want to know whether insiders have been buying or selling shares in Chong Sing Holdings FinTech Group Limited (HKG:8207). … View our latest analysis for Chong Sing Holdings FinTech Group? … Chong Sing Holdings FinTech Group Insider Transactions Over The Last Year.
Simply Wall St - – Full articleWhy Chong Sing Holdings FinTech Group Limited's (HKG:8207) High P/E Ratio Isn't Necessarily A Bad Thing
To keep it practical, we'll show how Chong Sing Holdings FinTech Group Limited's (HKG:8207) P/E ratio could help you assess the value on offer. … Based on the last twelve months, Chong Sing Holdings FinTech Group's P/E ratio is 12.89. … Check out our latest analysis for Chong Sing Holdings FinTech Group?
Simply Wall St - – Full articleWhy Chong Sing Holdings FinTech Group Limited's (HKG:8207) CEO Salary Matters To You
Yew Kiat Phang has been the CEO of Chong Sing Holdings FinTech Group Limited (HKG:8207) since 2014. … According to our data, Chong Sing Holdings FinTech Group Limited has a market capitalization of HK$8.0b, and pays its CEO total annual compensation worth CN¥29m. … Thus we can conclude that Yew Kiat Phang receives more in total compensation than the median of a group of companies in the same market, and of similar size to Chong Sing Holdings FinTech Group Limited
Simply Wall St - – Full articleWhat Does Chong Sing Holdings FinTech Group Limited's (HKG:8207) PE Ratio Tell You?
Chong Sing Holdings FinTech Group Limited (HKG:8207) is trading with a trailing P/E of 20.7, which is higher than the industry average of 8.2. … While this might not seem positive, it is important to understand the assumptions behind the P/E ratio before you make any investment decisions. … See our latest analysis for Chong Sing Holdings FinTech Group
Simply Wall St - – Full articleShould You Be Concerned About Chong Sing Holdings FinTech Group Limited's (HKG:8207) Earnings Growth?
In this commentary, I will examine Chong Sing Holdings FinTech Group Limited's (HKG:8207) latest earnings update (31 March 2018) and compare these figures against its performance over the past couple of years, as well as how the rest of the consumer finance industry performed. … View out our latest analysis for Chong Sing Holdings FinTech Group. … 8207's trailing twelve-month earnings (from 31 March 2018) of CN¥753.43m has
Simply Wall St - – Full article8207 Company Info
Description
Chong Sing Holdings FinTech Group Limited, an investment holding company, provides online financial services to small and medium-sized enterprises, merchants, and individuals through Internet and mobile solutions. It operates through Traditional Loans and Loans Financing, Third Party Payment Service, Online Investment and Technology–Enabled Lending Service, Blockchain Services, and Others segments. The company offers traditional financial services and related financing consultancy services, including entrusted, real estate-backed, pawn, and other loan services, as well as microfinance services; and Internet financing services, such as third party payment and prepaid card issuance, online investment and technology-enabled lending, and related activities on loan portfolio management. In addition, it provides transaction verification, social gaming, IT solution, and exhibition services, as well as engages in money lending activities. The company operates in the People’s Republic of China, Hong Kong, Vietnam, Canada, Singapore, and Georgia. The company was formerly known as Credit China FinTech Holdings Limited and changed its name to Chong Sing Holdings FinTech Group Limited in August 2017. Chong Sing Holdings FinTech Group Limited was founded in 2003 and is based in Causeway Bay, Hong Kong.
Details
| Name: | Chong Sing Holdings FinTech Group Limited |
| 8207 | |
| Exchange: | SEHK |
| Founded: | 2003 |
| HK$277,177,242 | |
| 23,098,103,580 | |
| Website: | http://www.csfgroup.com |
| Address: |
Chong Sing Holdings FinTech Group Limited Office No. 45-120, 45th Floor, Causeway Bay, Hong Kong |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| SEHK | 8207 | Ordinary Shares | The Stock Exchange of Hong Kong Ltd. | HK | HKD | 19. Nov 2010 | |
| OTCPK | CCFF.F | Ordinary Shares | Pink Sheets LLC | US | USD | 19. Nov 2010 |
Number of employees
Current staff
Industry
| Consumer Finance | |
| Diversified Financials |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/10/02 12:48 |
| End of day share price update: | 2019/07/05 00:00 |
| Last estimates confirmation: | 2018/03/21 |
| Last earnings filing: | 2019/05/09 |
| Last earnings reported: | 2019/03/31 |
| 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.
