CHOW SANG SANG chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 31.38
Dividend & Yield0.43HK$ (5.81%)
Beta 0.64
Market capitalization 4.9B
Operating cash flow -30.81M
ESG Scores unknown

Company description

Chow Sang Sang Holdings International Limited, an investment holding company, manufactures and retails jewellery. The company operates through four segments: Retail of Jewellery and Watches, Wholesale of Precious Metals, E-commerce Platform, and Other Businesses. It produces and sells jewellery products; distributes watches; and operates retail stores in Hong Kong, Macau, Mainland China, and Taiwan. The company also trades in precious metals for wholesale customers. In addition, it is involved in the sale of corporate gift products; provision of marketing and nominee services; and property investment activities, as well as diamond polishing and trading activities. The company also sells its products online. Chow Sang Sang Holdings International Limited was founded in 1934 and is based in Kowloon, Hong Kong.

Sector: Consumer Cyclical - Industry: Luxury Goods

Financial Ratios
Quick Ratio0.59
Working Capital0.07
Return On Equity0.05
Debt To Equity0.03
Fixed Asset Ratio0
Fixed Interest Cover16.28

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities -107.46M 10.78M 113.02M -499.12M
Total Cashflows From Investing Activities -251.4M -397.94M -109.94M -401.18M
Net Borrowings -127.22M -113.7M -1.38B 531.12M
Total Cash From Financing Activities -536.24M -537.25M -1.61B 133.61M
Change To Operating Activities 18.56M -216.74M -131.86M 282.21M
Issuance Of Stock 7.65M
Net Income 1.01B 643.53M 544.46M 643.26M
Change In Cash 102.61M -274.2M 625.44M -982.22M
Effect Of Exchange Rate -40.88M -10.52M 55.41M 10.51M
Total Cash From Operating Activities 931.14M 671.51M 2.29B -725.16M
Depreciation 212.52M 921.11M 932.2M 816.14M
Change To Account Receivables -156.31M 42.41M -2.25M 427.37M
Other Cashflows From Financing Activities -30.53M -30.63M -31.39M -18.14M
Change To Netincome 75M 822.15M 488.67M 47.11M
Capital Expenditures -342.49M -415.16M -235.85M -396.59M

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development
Income Before Tax 1.32B 883.29M 943.75M 1.01B
Net Income 1.01B 643.53M 544.46M 643.26M
Selling General Administrative 3.39B 3.47B 3.14B 4.57B
Gross Profit 4.63B 4.78B 4.12B 5.56B
Ebit 1.24B 1.31B 983.15M 984.96M
Operating Income 1.24B 1.31B 983.15M 984.96M
Interest Expense -36.99M -89.16M -76.14M -60.49M
Income Tax Expense 310.39M 239.76M 304.61M 265.33M
Total Revenue 18.81B 17.74B 15B 21.99B
Cost Of Revenue 14.18B 12.96B 10.88B 16.43B
Total Other Income ExpenseNet 80.23M -423.35M -39.4M 20.75M
Net Income From Continuing Ops 1.01B 643.53M 639.14M 740.38M
Net Income Applicable To Common Shares 1.01B 643.53M 544.46M 643.26M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 3.42B 5.6B 4.81B 5.35B
Total Stockholder Equity 10.42B 10.63B 12.02B 12.75B
Other Current Liabilities 554.17M 647.36M 631.33M 601.75M
Total Assets 13.84B 16.24B 16.83B 18.09B
Common Stock 169.36M 169.36M 169.36M 169.36M
Other Current Assets 448.44M 444.36M 485.87M 4.32M
Retained Earnings 8.2B 8.43B 8.88B 9.15B
Treasury Stock 993.22M 977.65M 1.91B 2.37B
Cash 1.3B 1.03B 1.65B 671.55M
Total Current Liabilities 2.91B 4.16B 3.66B 4.18B
Other Stockholder Equity 993.22M 977.65M 1.91B 2.37B
Property, Plant, and Equipment 853.82M 2.29B 1.81B 1.95B
Total Current Assets 11.56B 12.35B 12.93B 13.82B
Net Tangible Assets 10.42B 10.63B 12.02B 12.75B
Net Receivables 2.03B 1.51B 1.52B 981.69M
Accounts Payable 603.03M 619.43M 704.86M 185.19M


Insider Transactions

Here are the insider transactions of stock shares related to CHOW SANG SANG:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Chow (King Sing Gerald)at price 0.00 per share.D2020-04-03Director (Executive)12.45M
Chow (King Sing Gerald)at price 0.00 per share.D2019-11-21Director (Executive)6.3M
Chow (Wun Sing Winston)Other at price 0.00 per share.D2014-09-02Director (Executive)21M
Chow (King Sing Gerald)Other at price 0.00 per share.I2014-09-02Director (Executive)21M
Chow (Kwen Lim)Other at price 0.00 per share.D2012-01-17Chairman of the Board1.32M
Chow (Wing Shing Vincent)Other at price 0.00 per share.I2012-01-11Director (Executive)1.32M
Chow (Kwen Lim)Other at price 0.00 per share.D2012-01-11Chairman of the Board1.32M
Chow (Kwen Ling)Other at price 0.39 per share.I2008-10-28Director (Non-Executive)100k
Chow (Kwen Ling)Other at price 0.46 per share.I2008-10-24Director (Non-Executive)100k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to CHOW SANG SANG. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on CHOW SANG SANG

Here is the result of two systematic investment strategies applied to CHOW SANG SANG. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on CHOW SANG SANG

The following chart shows the equity curve of the two systematic investment strategies applied to CHOW SANG SANG:

CHOW SANG SANG automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -2.87% on the backtest period.

Performance at glance

Performance

-2.87 %

Latent gain

-50.11 HK$

Invested capital

1745.59 HK$

Annualized return

-0.68 %
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Momentum strategy results on CHOW SANG SANG

This is the result of two momentum investment strategies applied to CHOW SANG SANG. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on CHOW SANG SANG

The following chart shows all the entries opened by the momentum investment system on CHOW SANG SANG:

CHOW SANG SANG momentum entries
  • The first momentum investment strategy would give 19.19% of return on CHOW SANG SANG. That represents 865.19HK$ of latent gain with 4507.81HK$ of employed capital.
  • The second momentum investment strategy would give 21.36% of return on CHOW SANG SANG. That represents 533.83HK$ of latent gain with 2498.93HK$ of employed capital.
Performance at glance (1Q Momentum)

Performance

19.19 %

Latent gain

865.19 HK$

Invested capital

4507.81 HK$

Annualized return

15.49 %
Performance at glance (2Q Momentum)

Performance

21.36 %

Latent gain

533.83 HK$

Invested capital

2498.93 HK$

Annualized return

5.68 %

Momentum equity curve on CHOW SANG SANG

The following chart shows the equity curve of the two momentum strategies applied to CHOW SANG SANG:

CHOW SANG SANG momentum equity

Note: the dividends potentially given by CHOW SANG SANG are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CHOW SANG SANG

The following chart shows the employed capital evolution of the two momentum strategies on CHOW SANG SANG since the beginning:

CHOW SANG SANG

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250HK$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000HK$.


Buy the dip strategy result on CHOW SANG SANG

Buy the dip entry openings on CHOW SANG SANG

CHOW SANG SANG

The performance achieved by the robo-advisor on CHOW SANG SANG is 34.7%. That represents 261.46$ of latent gain with 753.44HK$ of employed capital. The following chart shows CHOW SANG SANG stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of CHOW SANG SANG, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

34.7 %

Latent gain

261.46 HK$

Invested capital

753.44 HK$

Annualized return

15.49 %

Equity curve of the strategy applied to CHOW SANG SANG

The following chart shows the result of the investment strategy applied to CHOW SANG SANG:

CHOW SANG SANG

Note: the dividends potentially given by CHOW SANG SANG are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on CHOW SANG SANG

The following chart shows the employed capital evolution since the beginning of the investment strategy on CHOW SANG SANG:

CHOW SANG SANG

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on CHOW SANG SANG

In this section, I will compare the three previous investment strategies applied to CHOW SANG SANG.

Equity curve comparison on CHOW SANG SANG

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

CHOW SANG SANG investment strategy comparison

Employed capital comparison on CHOW SANG SANG

CHOW SANG SANG investment comparison

Performance comparison on CHOW SANG SANG

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -2.87% -50.11HK$ 1745.59HK$ -0.68%
Momentum 1 quarter 19.19% 865.19HK$ 4507.81HK$ 4.8%
Momentum 2 quarters 21.36% 533.83HK$ 2498.93HK$ 5.68%
Non-directional 34.7% 261.46HK$ 753.44HK$ 15.49%
Annualized return comparison

Automatic investment

-0.68 %

Momentum 1Q

5.68 %

Momentum 2Q

5.68 %

Non-directional

15.49 %

Correlated stocks

Here are the most positively and negatively correlated stocks with CHOW SANG SANG:

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months


Note: The algorithm computes the probability of correlation between CHOW SANG SANG and the other stocks. There may be false positives or some missing correlated stocks. If the price of CHOW SANG SANG does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name CHOW SANG SANG
Country Hong Kong
City Kowloon
Address Chow Sang Sang Building
Phone 852 2192 3123
Website www.chowsangsang.com
FullTime employees 11231
Industry Luxury Goods
Sector Consumer Cyclical
Exchange XHKG
Ticker 0116.XHKG
Market

CHOW SANG SANG ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown