Shenyang Public Utility Holdings Company Limited, an investment holding company, engages in the construction of infrastructure and development of properties in the People’s Republic of China.
The last earnings update was 74 days ago.
More info.
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
Shenyang Public Utility Holdings. This is due to cash flow or dividend data being
unavailable. The share price is
HK$0.23.
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
Shenyang Public Utility Holdings's
earnings,
growth
and
assets
is considered below, and whether this is a fair price.
Price based on past earnings
Are
Shenyang Public Utility Holdings's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Shenyang Public Utility Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
it right!
7.2%
Expected Real Estate industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is
Shenyang Public Utility Holdings
expected to grow at an
attractive
rate?
Unable to compare Shenyang Public Utility Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Shenyang Public Utility Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
Unable to compare Shenyang Public Utility Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Unable to determine if Shenyang Public Utility Holdings is high growth as no earnings estimate data is available.
Unable to determine if Shenyang Public Utility Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
All data from Shenyang Public Utility Holdings Company Filings, last reported 5 months ago, and in
Trailing twelve months (TTM)
annual period rather than quarterly.
SEHK:747 Future Estimates Data
Date (Data in CNY Millions)
EPS *
EPS High Estimate
EPS Low Estimate
Avg. No. Analysts
SEHK:747 Past Financials Data
Date (Data in CNY Millions)
EPS *
2019-06-30
-0.10
2019-03-31
-0.10
2018-12-31
-0.09
2018-09-30
-0.06
2018-06-30
-0.03
2018-03-31
-0.03
2017-12-31
-0.02
2017-09-30
-0.01
2017-06-30
0.00
2017-03-31
0.00
2016-12-31
0.00
2016-09-30
0.00
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
Unable to establish if Shenyang Public Utility Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Next steps:
Examine Shenyang Public Utility Holdings'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.
Shenyang Public Utility Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors.
Take a look at other high-growth Real Estate companies here
Shenyang Public Utility Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
We assess
Shenyang Public Utility Holdings'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)
Some of the above checks will fail if the company is expected to be loss making
in the relevant year.
Shenyang Public Utility Holdings
has a total score of
0/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
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
Shenyang Public Utility Holdings's growth in the last year to its industry (Real Estate).
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.
Shenyang Public Utility Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
Unable to compare Shenyang Public Utility Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
Unable to compare Shenyang Public Utility Holdings's 1-year growth to the HK Real Estate industry average as it is not currently profitable.
Earnings and Revenue History
Shenyang Public Utility Holdings's
revenue
and
profit
over the past 5 years is shown below, any years where they have experienced a
loss will show up in red.
All data from Shenyang Public Utility Holdings Company Filings, last reported 5 months ago, and in
Trailing twelve months (TTM)
annual period rather than quarterly.
SEHK:747 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
8.56
-142.21
4.42
2019-03-31
44.33
-140.71
4.30
2018-12-31
80.09
-139.22
4.19
2018-09-30
80.25
-90.32
3.84
2018-06-30
80.41
-41.42
3.50
2018-03-31
47.96
-37.13
3.49
2017-12-31
15.50
-32.83
3.49
2017-09-30
57.64
-15.15
3.58
2017-06-30
99.78
2.53
3.66
2017-03-31
103.84
2.44
3.64
2016-12-31
107.90
2.35
3.63
2016-09-30
132.09
3.65
3.71
2016-06-30
156.29
4.94
3.79
2016-03-31
233.46
1.08
3.73
2015-12-31
310.64
-2.77
3.67
2015-09-30
284.78
-0.84
3.15
2015-06-30
258.93
1.09
2.62
2015-03-31
172.37
22.57
2.79
2014-12-31
85.82
44.06
2.96
2014-09-30
48.94
38.25
2.91
2014-06-30
12.07
32.45
2.87
2014-03-31
173.60
22.04
2.84
2013-12-31
335.12
11.64
2.82
2013-09-30
331.56
28.90
2.60
2013-06-30
327.99
46.16
2.38
2013-03-31
168.80
36.64
1.96
2012-12-31
9.61
27.13
1.54
*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 Shenyang Public Utility Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
It is difficult to establish if Shenyang Public Utility Holdings has efficiently used its assets last year compared to the HK Real Estate industry average (Return on Assets) as it is loss-making.
It is difficult to establish if Shenyang Public Utility Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
We assess
Shenyang Public Utility Holdings'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
Real Estate
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)
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.
Shenyang Public Utility Holdings
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.
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
Shenyang Public Utility Holdings's finances.
The net worth of a company is the difference between its assets and liabilities.
Net Worth
Shenyang Public Utility Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Shenyang Public Utility Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of
Shenyang Public Utility Holdings's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
Low level of unsold assets.
Debt is covered by short term assets, assets are 2.2726019403641E+18x 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.
We assess
Shenyang Public Utility Holdings'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)
Shenyang Public Utility Holdings
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:
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)
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
0%
Current annual income from
Shenyang Public Utility Holdings
dividends.
If you bought
HK$2,000 of
Shenyang Public Utility Holdings
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 Shenyang Public Utility Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
Unable to evaluate Shenyang Public Utility Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.
We also check to see if the dividend has increased in the past 10 years.
We assess
Shenyang Public Utility Holdings'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
Shenyang Public Utility Holdings
afford to pay it from its earnings today and in 3 years (Payout ratio less than
90%)? (2 checks)
Shenyang Public Utility Holdings
has a total score of
0/6, see the detailed checks below.
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
ChunfengHuang
AGE
42
TENURE AS CEO
0.8 years
CEO Bio
Mr. Huang Chunfeng has been the Chief Executive Officer of Shenyang Public Utility Holdings Company Limited since March 4, 2019. Mr. Huang was the General Manager of Beijing Guo Tai Zhong Tou Investment Funds Management Co., Ltd. from 2014 to 2016. From 1998 to 2010, he successively worked in the sub-branch directly under Henan Branch of Industrial and Commercial Bank of China Limited (stock code: 601398) and the Zhengzhou Branch of Shanghai Pudong Development Bank Co., Ltd. (stock code: 600000). From 2010 to 2013, he successively served as vice president of the Xueyuan South Road sub-branch under Beijing Branch of Bank of Shanghai Co., Ltd. (stock code: 601229) and Beijing Dongzhimen sub-branch of Bank of Jiangsu. Since 2016, he has been the chairman of Chuang Xing Yuan Asset Management Co., Ltd. Mr. Huang has extensive experience in the areas of banking, investment and corporate management. Mr. Huang Chunfeng obtained a bachelor degree from the School of Finance of Zhengzhou University in 2002, a master degree in Business Administration from the Graduate School of Chinese Academy of Social Sciences in 2013 and a master degree in EMBA from China Europe International Business School (CEIBS) in 2017.
CEO Compensation
Insufficient data for Chunfeng to compare compensation growth.
Insufficient data for Chunfeng to establish whether their remuneration is reasonable compared to companies of similar size in Hong Kong.
Management Team Tenure
Average tenure and age of the
Shenyang Public Utility Holdings
management team in years:
1.3
Average Tenure
52
Average Age
The average tenure for the Shenyang Public Utility Holdings management team is less than 2 years, this suggests a new team.
Management Team
Jing Ming Zhang
TITLE
Executive Chairman of the Board
COMPENSATION
CN¥376K
AGE
62
Xiao Rong Leng
TITLE
Executive Director
COMPENSATION
CN¥244K
AGE
52
TENURE
1.5 yrs
Chunfeng Huang
TITLE
Chief Executive Officer
AGE
42
TENURE
0.8 yrs
Ting Song
TITLE
Head of Finance
Ting Yan Chau
TITLE
Executive Director
AGE
60
TENURE
0.8 yrs
Fang Fang Qian
TITLE
Joint Company Secretary
COMPENSATION
CN¥3K
AGE
36
TENURE
5.8 yrs
Dicky Tung
TITLE
Joint Company Secretary
AGE
36
TENURE
1.3 yrs
Ying Jian Zhang
TITLE
Vice President
AGE
61
Board of Directors Tenure
Average tenure and age of the
Shenyang Public Utility Holdings
board of directors in years:
1.7
Average Tenure
50
Average Age
The average tenure for the Shenyang Public Utility Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors
Jing Ming Zhang
TITLE
Executive Chairman of the Board
COMPENSATION
CN¥376K
AGE
62
TENURE
4 yrs
Xiao Rong Leng
TITLE
Executive Director
COMPENSATION
CN¥244K
AGE
52
TENURE
1.5 yrs
Ting Yan Chau
TITLE
Executive Director
AGE
60
TENURE
0.8 yrs
Jonathan Chan
TITLE
Independent Non-Executive Director
COMPENSATION
CN¥120K
AGE
45
TENURE
4.8 yrs
Xing Ye Wang
TITLE
Chairman of Supervisors
COMPENSATION
CN¥15K
AGE
42
Lu Jin Guo
TITLE
Independent Non-Executive Director
COMPENSATION
CN¥61K
AGE
63
TENURE
1.5 yrs
Zong Chen Yin
TITLE
Non-Executive Director
COMPENSATION
CN¥30K
AGE
55
TENURE
5.8 yrs
Hong Hong Gao
TITLE
Independent Non-Executive Director
COMPENSATION
CN¥53K
AGE
48
TENURE
1.8 yrs
Zhi E. Ye
TITLE
Non-Executive Director
COMPENSATION
CN¥15K
AGE
33
TENURE
1.5 yrs
Yong Jing Huang
TITLE
Supervisor
AGE
40
Who owns this company?
Recent Insider Trading
No 3 month open market individual insider trading information.
Shenyang Public Utility Holdings Company Limited, an investment holding company, engages in the construction of infrastructure and development of properties in the People’s Republic of China. It is also involved in investment management and consulting; securities investment; credit business; and Internet technology development activities. The company was founded in 1999 and is based in Shenyang, the People’s Republic of China.
Shenyang Public Utility Holdings Company Limited
Jinmao International Apartment,
14th Floor,
Shenyang,
Liaoning Province,
China
Listings
Exchange Symbol
Ticker Symbol
Security
Exchange
Country
Currency
Listed on
SEHK
747
Foreign Shares-Foreign Listed
The Stock Exchange of Hong Kong Ltd.
HK
HKD
16. Dec 1999
Number of employees
Current staff
43
Shenyang Public Utility Holdings
employees.
Industry
Diversified Real Estate Activities
Real Estate
Company Analysis and Financial Data Status
Area
Date (UTC time)
Company Analysis updated:
2019/12/08 12:39
End of day share price update:
2019/12/05 00:00
Last estimates confirmation:
2019/03/31
Last earnings filing:
2019/09/25
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.