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China Ocean Fishing Holdings

SEHK:8047
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8047
SEHK
HK$968M
Market Cap
  1. Home
  2. HK
  3. Transportation
Company description

China Ocean Fishing Holdings Limited, an investment holding company, engages in the supply chain management, money lending, and ocean fishing businesses in the People’s Republic of China and internationally. The last earnings update was 75 days ago. More info.


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  • China Ocean Fishing Holdings has significant price volatility in the past 3 months.
8047 Share Price and Events
7 Day Returns
4.1%
SEHK:8047
-2.3%
HK Logistics
-3.4%
HK Market
1 Year Returns
-52.3%
SEHK:8047
-18.3%
HK Logistics
-0.4%
HK Market
8047 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China Ocean Fishing Holdings (8047) 4.1% -5.8% -6.5% -52.3% -18.2% -54.2%
HK Logistics -2.3% 0.2% 8.2% -18.3% -10.1% -36.8%
HK Market -3.4% -1.2% 3.7% -0.4% 8.2% -0.4%
1 Year Return vs Industry and Market
  • 8047 underperformed the Logistics industry which returned -18.3% over the past year.
  • 8047 underperformed the Market in Hong Kong which returned -0.4% over the past year.
Price Volatility
8047
Industry
5yr Volatility vs Market

8047 Value

 Is China Ocean Fishing Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for China Ocean Fishing Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.229.
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 China Ocean Fishing Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China Ocean Fishing Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8047 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in HKD HK$0.01
SEHK:8047 Share Price ** SEHK (2020-01-24) in HKD HK$0.23
Hong Kong Logistics Industry PE Ratio Median Figure of 10 Publicly-Listed Logistics Companies 10.35x
Hong Kong Market PE Ratio Median Figure of 1,494 Publicly-Listed Companies 10.36x

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

** Primary Listing of China Ocean Fishing Holdings.

SEHK:8047 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8047 Share Price ÷ EPS (both in HKD)

= 0.23 ÷ 0.01

21.54x

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

  • China Ocean Fishing Holdings is overvalued based on earnings compared to the HK Logistics industry average.
  • China Ocean Fishing Holdings is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does China Ocean Fishing Holdings's expected growth come at a high price?
Raw Data
SEHK:8047 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 21.54x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Logistics Industry PEG Ratio Median Figure of 37 Publicly-Listed Logistics Companies 1.38x
Hong Kong Market PEG Ratio Median Figure of 483 Publicly-Listed Companies 0.78x

*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 China Ocean Fishing Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on China Ocean Fishing Holdings's assets?
Raw Data
SEHK:8047 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in HKD HK$0.28
SEHK:8047 Share Price * SEHK (2020-01-24) in HKD HK$0.23
Hong Kong Logistics Industry PB Ratio Median Figure of 16 Publicly-Listed Logistics Companies 0.94x
Hong Kong Market PB Ratio Median Figure of 2,240 Publicly-Listed Companies 0.84x
SEHK:8047 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8047 Share Price ÷ Book Value per Share (both in HKD)

= 0.23 ÷ 0.28

0.83x

* Primary Listing of China Ocean Fishing Holdings.

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

  • China Ocean Fishing Holdings is good value based on assets compared to the HK Logistics industry average.
X
Value checks
We assess China Ocean Fishing Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Logistics 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 Logistics industry average (and greater than 0)? (1 check)
  5. China Ocean Fishing Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

8047 Future Performance

 How is China Ocean Fishing Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as China Ocean Fishing Holdings has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
14.8%
Expected Logistics industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China Ocean Fishing Holdings expected to grow at an attractive rate?
  • Unable to compare China Ocean Fishing Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare China Ocean Fishing Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare China Ocean Fishing Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8047 Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Logistics Industry Earnings Growth Rate Market Cap Weighted Average 14.8%
Asia Logistics Industry Revenue Growth Rate Market Cap Weighted Average 11.7%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.2%

*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:8047 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:8047 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-09-30 751 -82 44
2019-06-30 778 42
2019-03-31 961 -299 44
2018-12-31 1,250 60
2018-09-30 1,437 -440 53
2018-06-30 1,416 57
2018-03-31 1,295 -300 57
2017-12-31 836 -39
2017-09-30 424 -38 -54
2017-06-30 338 -66
2017-03-31 122 38 -84
2016-12-31 11 -137

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if China Ocean Fishing Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if China Ocean Fishing Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:8047 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from China Ocean Fishing Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8047 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-09-30 0.01
2019-06-30 0.01
2019-03-31 0.01
2018-12-31 0.02
2018-09-30 0.02
2018-06-30 0.02
2018-03-31 0.02
2017-12-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.03
2017-03-31 -0.05
2016-12-31 -0.08

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if China Ocean Fishing Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 8047’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. China Ocean Fishing 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 Transportation companies here
  3. China Ocean Fishing Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess China Ocean Fishing Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia 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.
China Ocean Fishing Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

8047 Past Performance

  How has China Ocean Fishing Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare China Ocean Fishing Holdings's growth in the last year to its industry (Logistics).
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.
  • China Ocean Fishing Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • China Ocean Fishing Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • China Ocean Fishing Holdings's 1-year earnings growth is negative, it can't be compared to the HK Logistics industry average.
Earnings and Revenue History
China Ocean Fishing Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from China Ocean Fishing Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8047 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 750.93 44.43 74.52
2019-06-30 777.60 41.52 75.54
2019-03-31 960.60 43.67 77.33
2018-12-31 1,249.87 59.58 43.81
2018-09-30 1,437.00 53.37 55.50
2018-06-30 1,415.50 57.42 49.76
2018-03-31 1,294.94 57.05 39.89
2017-12-31 836.10 -38.92 70.67
2017-09-30 423.66 -53.66 68.63
2017-06-30 338.05 -66.29 78.83
2017-03-31 121.67 -84.33 85.39
2016-12-31 10.96 -136.76 8.04
2016-09-30 41.70 -175.45 42.76
2016-06-30 206.34 -185.08 51.37
2016-03-31 1,662.93 -198.31 65.63
2015-12-31 2,597.03 -114.03 123.05
2015-09-30 3,349.17 -79.29 93.37
2015-06-30 3,091.19 -74.83 80.74
2015-03-31 1,632.86 -57.76 64.36
2014-12-31 799.81 -64.70 40.18
2014-09-30 11.86 -62.29 34.37
2014-06-30 8.03 -58.64 32.11
2014-03-31 13.02 -55.58 29.29
2013-12-31 14.98 -75.84 35.97
2013-09-30 37.45 -78.64 38.18
2013-06-30 39.42 -78.11 36.41
2013-03-31 34.53 -79.74 36.74

*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.
  • China Ocean Fishing Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • China Ocean Fishing Holdings used its assets less efficiently than the HK Logistics industry average last year based on Return on Assets.
  • It is difficult to establish if China Ocean Fishing Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess China Ocean Fishing Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Logistics 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.
China Ocean Fishing Holdings has a total score of 1/6, 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.

8047 Health

 How is China Ocean Fishing Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up China Ocean Fishing Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China Ocean Fishing Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • China Ocean Fishing Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of China Ocean Fishing Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 6.6x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

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

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

All data from China Ocean Fishing Holdings Company Filings, last reported 3 months ago.

SEHK:8047 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 1,227.39 154.59 31.04
2019-06-30 1,292.13 109.58 25.29
2019-03-31 1,292.13 109.58 25.29
2018-12-31
2018-09-30 1,231.03 102.89 35.19
2018-06-30 939.12 74.20 27.28
2018-03-31 939.12 74.20 27.28
2017-12-31
2017-09-30 409.30 0.00 18.18
2017-06-30 275.64 20.82 23.96
2017-03-31 275.64 20.82 23.96
2016-12-31
2016-09-30 354.46 0.00 14.39
2016-06-30 327.76 0.00 10.07
2016-03-31 327.76 0.00 10.07
2015-12-31
2015-09-30 488.71 0.00 74.35
2015-06-30 478.09 2.47 283.99
2015-03-31 478.09 2.47 283.99
2014-12-31
2014-09-30 133.22 2.53 76.86
2014-06-30 153.19 2.56 89.24
2014-03-31 153.19 2.56 89.24
2013-12-31
2013-09-30 215.79 2.47 145.88
2013-06-30 147.85 7.83 79.99
2013-03-31 147.85 7.83 79.99
  • China Ocean Fishing Holdings's level of debt (12.6%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (1.9% vs 12.6% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on China Ocean Fishing Holdings's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess China Ocean Fishing Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. China Ocean Fishing Holdings has a total score of 3/6, 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.

8047 Dividends

 What is China Ocean Fishing Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from China Ocean Fishing Holdings dividends.
If you bought HK$2,000 of China Ocean Fishing 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 China Ocean Fishing Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate China Ocean Fishing Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:8047 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 Logistics Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 4%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 962 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
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.

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

  • Unable to perform a dividend volatility check as China Ocean Fishing Holdings has not reported any payouts.
  • Unable to verify if China Ocean Fishing Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of China Ocean Fishing Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as China Ocean Fishing Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess China Ocean Fishing Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can China Ocean Fishing Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China Ocean Fishing Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

8047 Management

 What is the CEO of China Ocean Fishing Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Rongsheng Liu
COMPENSATION HK$1,260,000
AGE 57
TENURE AS CEO 2.7 years
CEO Bio

Mr. Rongsheng Liu has been the Chief Executive Officer of China Ocean Fishing Holdings Limited since May 16, 2017. Mr. Liu has been the Chief Executive Officer at Royal Century Resources Holdings Limited since December 22, 2016. Mr. Liu has been Chairman and Executive Director of China Ocean Fishing Holdings Limited (alternate name: Sky Forever Supply Chain Management Group Limited) since September 7, 2016. Mr. Liu has been an Executive Director of Royal Century Resources Holdings Limited since October 27, 2015. Mr. Liu has over 25 years of experience in import and export trading, logistics, corporate strategic management, project management and finance business. He completed a professional programme in international economics and Trading from Beijing Training University of Economics and Technology, the People's Republic of China (the PRC) in 1998. He also holds a qualification as a senior economist in the PRC.

CEO Compensation
  • Rongsheng's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Rongsheng's remuneration is about average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the China Ocean Fishing Holdings management team in years:

2.7
Average Tenure
54
Average Age
  • The tenure for the China Ocean Fishing Holdings management team is about average.
Management Team

Rongsheng Liu

TITLE
Chairman & CEO
COMPENSATION
HK$1M
AGE
57
TENURE
2.7 yrs

Qing Wei

TITLE
Compliance Officer & Executive Director
COMPENSATION
HK$900K
AGE
35
TENURE
1.7 yrs

Guocheng Fan

TITLE
Executive Director
COMPENSATION
HK$900K
AGE
52

Kwong Chung Cheng

TITLE
Co-Founder
AGE
54

Fung Fong

TITLE
Accounting Manager

Grandy Cheng

TITLE
Chief Executive Officer of Union Bridge Group and Chief Operating Officer of Union Bridge Group

Francis Lam

TITLE
Company Secretary
AGE
60
TENURE
2.7 yrs
Board of Directors Tenure

Average tenure and age of the China Ocean Fishing Holdings board of directors in years:

2.3
Average Tenure
50
Average Age
  • The average tenure for the China Ocean Fishing Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Qing Wei

TITLE
Compliance Officer & Executive Director
COMPENSATION
HK$900K
AGE
35
TENURE
2.4 yrs

Guocheng Fan

TITLE
Executive Director
COMPENSATION
HK$900K
AGE
52
TENURE
2.7 yrs

Paton Pang

TITLE
Independent Non-Executive Director
COMPENSATION
HK$150K
AGE
50
TENURE
2.7 yrs

Rongsheng Liu

TITLE
Chairman & CEO
COMPENSATION
HK$1M
AGE
57
TENURE
3.3 yrs

Yong Yang

TITLE
Non-Executive Director
COMPENSATION
HK$480K
AGE
41
TENURE
2.3 yrs

Man Hing Lam

TITLE
Independent Non-Executive Director
COMPENSATION
HK$97K
AGE
50
TENURE
1.4 yrs

Chun Pong Lui

TITLE
Non-Executive Director
COMPENSATION
HK$120K
AGE
51
TENURE
1.3 yrs

Cao Li

TITLE
Independent Non-Executive Director
COMPENSATION
HK$49K
AGE
33
TENURE
1.1 yrs

Haiming Cai

TITLE
Non-Executive Director
AGE
31
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
30. Sep 19 Sell COFCO Capital (Hong Kong) Co., Limited, Asset Management Arm Company 30. Sep 19 30. Sep 19 -114,816,000 HK$0.24 HK$-27,555,393
21. Jun 19 Sell Sunny Sky Capital Management Limited Company 04. Jun 19 04. Jun 19 -160,000 HK$0.40 HK$-63,201
21. Jun 19 Sell Sunny Sky Capital Management Limited Company 17. Jun 19 17. Jun 19 -372,000 HK$0.34 HK$-127,968
21. Jun 19 Sell Sunny Sky Capital Management Limited Company 14. Jun 19 14. Jun 19 -300,000 HK$0.34 HK$-103,499
21. Jun 19 Sell Sunny Sky Capital Management Limited Company 13. Jun 19 13. Jun 19 -248,000 HK$0.36 HK$-89,280
21. Jun 19 Sell Sunny Sky Capital Management Limited Company 19. Jun 19 19. Jun 19 -100,000 HK$0.30 HK$-30,000
23. Apr 19 Buy Qing Wei Individual 18. Apr 19 18. Apr 19 360,000 HK$0.40 HK$145,296
X
Management checks
We assess China Ocean Fishing Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. China Ocean Fishing Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

8047 News

Simply Wall St News

The China Ocean Fishing Holdings (HKG:8047) Share Price Is Down 80% So Some Shareholders Are Rather Upset

This week we saw the China Ocean Fishing Holdings Limited (HKG:8047) share price climb by 11%. … We've already covered China Ocean Fishing Holdings's share price action, but we should also mention its total shareholder return (TSR). … We note that China Ocean Fishing Holdings's TSR, at -76% is higher than its share price return of -80%.

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Here's What China Ocean Fishing Holdings Limited's (HKG:8047) P/E Is Telling Us

The formula for P/E is: Price to Earnings Ratio = Price per Share ÷ Earnings per Share (EPS) Or for China Ocean Fishing Holdings: P/E of 27.87 = HK$0.28 ÷ HK$0.010 (Based on the trailing twelve months to June 2019.) Is A High Price-to-Earnings Ratio Good? … SEHK:8047 Price Estimation Relative to Market, August 19th 2019 Its relatively high P/E ratio indicates that China Ocean Fishing Holdings shareholders think it will perform better than other companies in its industry classification. … The Verdict On China Ocean Fishing Holdings's P/E Ratio China Ocean Fishing Holdings has a P/E of 27.9.

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Need To Know: China Ocean Fishing Holdings Limited (HKG:8047) Insiders Have Been Buying Shares

As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' View our latest analysis for China Ocean Fishing Holdings The Last 12 Months Of Insider Transactions At China Ocean Fishing Holdings Yi Liu made the biggest insider purchase in the last 12 months. … SEHK:8047 Recent Insider Trading, July 21st 2019 Insider Ownership of China Ocean Fishing Holdings For a common shareholder, it is worth checking how many shares are held by company insiders. … With high insider ownership and encouraging transactions, it seems like China Ocean Fishing Holdings insiders think the business has merit.

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We Think China Ocean Fishing Holdings (HKG:8047) In Taking Some Risk With Its Debt

Importantly, China Ocean Fishing Holdings Limited (HKG:8047) does carry debt. … View our latest analysis for China Ocean Fishing Holdings How Much Debt Does China Ocean Fishing Holdings Carry? … Either way, since China Ocean Fishing Holdings does have more debt than cash, it's worth keeping an eye on its balance sheet.

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Did You Miss China Ocean Fishing Holdings's (HKG:8047) Whopping 312% Share Price Gain?

While China Ocean Fishing Holdings Limited (HKG:8047) shareholders are probably generally happy, the stock hasn't had particularly good run recently, with the share price falling 18% in the last quarter. … View our latest analysis for China Ocean Fishing Holdings. … During three years of share price growth, China Ocean Fishing Holdings moved from a loss to profitability.

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What Kind Of Shareholder Owns Most China Ocean Fishing Holdings Limited (HKG:8047) Stock?

Every investor in China Ocean Fishing Holdings Limited (HKG:8047) should be aware of the most powerful shareholder groups. … With a market capitalization of HK$1.9b, China Ocean Fishing Holdings is a small cap stock, so it might not be well known by many institutional investors. … See our latest analysis for China Ocean Fishing Holdings

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Read This Before Judging China Ocean Fishing Holdings Limited's (HKG:8047) ROE

To keep the lesson grounded in practicality, we'll use ROE to better understand China Ocean Fishing Holdings Limited (HKG:8047). … China Ocean Fishing Holdings has a ROE of 5.2%, based on the last twelve months. … See our latest analysis for China Ocean Fishing Holdings?

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China Ocean Fishing Holdings Limited (HKG:8047) Might Not Be A Great Investment

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

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Do Institutions Own China Ocean Fishing Holdings Limited (HKG:8047) Shares?

A look at the shareholders of China Ocean Fishing Holdings Limited (HKG:8047) can tell us which group is most powerful. … China Ocean Fishing Holdings is not a large company by global standards. … Check out our latest analysis for China Ocean Fishing Holdings

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Will China Ocean Fishing Holdings Limited (HKG:8047) Continue To Underperform Its Industry?

To keep the lesson grounded in practicality, we'll use ROE to better understand China Ocean Fishing Holdings Limited (HKG:8047). … Over the last twelve months China Ocean Fishing Holdings has recorded a ROE of 6.3%. … See our latest analysis for China Ocean Fishing Holdings?

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8047 Company Info

Description

China Ocean Fishing Holdings Limited, an investment holding company, engages in the supply chain management, money lending, and ocean fishing businesses in the People’s Republic of China and internationally. The company provides services involving the planning and implementation of an integrated solution for the flow of business, logistic, information, and funds to small and medium sized enterprises in various industries. It also offers money lending services to individuals. In addition, the company is involved in the fishing and catching business in an open sea. Further, it provides administration and ships building services; and trades in seafood products. The company was formerly known as Sky Forever Supply Chain Management Group Limited and changed its name to China Ocean Fishing Holdings Limited in November 2016. China Ocean Fishing Holdings Limited was incorporated in 2001 and is headquartered in Wan Chai, Hong Kong.

Details
Name: China Ocean Fishing Holdings Limited
8047
Exchange: SEHK
Founded: 2001
HK$967,744,880
4,225,960,179
Website: http://www.chinaoceanfishing.hk
Address: China Ocean Fishing Holdings Limited
China Resources Building,
22nd Floor,
Wan Chai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8047 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 01. Nov 2001
Number of employees
Current staff
Staff numbers
131
China Ocean Fishing Holdings employees.
Industry
Air Freight and Logistics
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/01/28 13:05
End of day share price update: 2020/01/24 00:00
Last earnings filing: 2019/11/14
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


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

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