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Uni-President China Holdings Ltd: 1 director

A director at Uni-President China Holdings Ltd bought 100,000 shares at 5.650HKD and the significance rating of the trade was 54/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the las...

With a more favourable environment, UNI-PRESIDENT CHINA HDG. improves ...

UNI-PRESIDENT CHINA HDG. (HK), a company active in the Soft Drinks industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date February 15, 2022, the closing price was HKD 8.32 and its potential was est...

Allen Cheng
  • Allen Cheng

Morningstar | Uni-President’s 48% Profit Growth in 1Q Beat; Shares R...

No-moat Uni-President China Holdings reported unaudited first-quarter profits of CNY 380.5 million, up 48% year on year, that exceeded our expectation. We think the strong profit stemmed from mix and gross margin expansion, while the revenue growth was at a mid-single-digits rate. Premium products continued to outperform, with Soup Daren for instant noodles and milk tea for the beverage segment growing at double digits. Although the upbeat first-quarter profit marked a good start for the year, i...

Allen Cheng
  • Allen Cheng

Uni-President’s 48% Profit Growth in 1Q Beat; Shares Remain Overvalu...

No-moat Uni-President China Holdings reported unaudited first-quarter profits of CNY 380.5 million, up 48% year on year, that exceeded our expectation. We think the strong profit stemmed from mix and gross margin expansion, while the revenue growth was at a mid-single-digits rate. Premium products continued to outperform, with Soup Daren for instant noodles and milk tea for the beverage segment growing at double digits. Although the upbeat first-quarter profit marked a good start for the year, i...

Allen Cheng
  • Allen Cheng

Morningstar | 00220 Updated Forecasts and Estimates from 22 Apr 2019

No-moat Uni-President China Holdings reported 2018 full-year results largely in line with our forecasts. Our long-term view for the company is unchanged, as we believe it will retain its number two position in terms of market share in the instant noodles and tea drinks markets. We retain our no moat and stable trend ratings and maintain our fair value estimate at HKD 5.80 per share. Given its demanding valuation, we view the shares as overvalued at current levels. Revenue and operating profit i...

Allen Cheng
  • Allen Cheng

Morningstar | Uni-President’s 2H 2018 Results in Line; Shares Overva...

No-moat Uni-President China Holdings reported 2018 full-year results largely in line with our forecasts. Our long-term view for the company is unchanged, as we believe it will retain its number two position in terms of market share in the instant noodles and tea drinks markets. We retain our no moat and stable trend ratings and maintain our fair value estimate at HKD 5.80 per share. Given its demanding valuation, we view the shares as overvalued at current levels. Revenue and operating profit i...

Allen Cheng
  • Allen Cheng

Morningstar | Uni-President’s 2H 2018 Results in Line; Shares Overva...

No-moat Uni-President China Holdings reported 2018 full-year results largely in line with our forecasts. Our long-term view for the company is unchanged, as we believe it will retain its number two position in terms of market share in the instant noodles and tea drinks markets. We retain our no moat and stable trend ratings and maintain our fair value estimate at HKD 5.80 per share. Given its demanding valuation, we view the shares as overvalued at current levels. Revenue and operating profit i...

Allen Cheng
  • Allen Cheng

Uni-President’s 2H 2018 Results in Line; Shares Overvalued to Our HK...

No-moat Uni-President China Holdings reported 2018 full-year results largely in line with our forecasts. Our long-term view for the company is unchanged, as we believe it will retain its number two position in terms of market share in the instant noodles and tea drinks markets. We retain our no moat and stable trend ratings and maintain our fair value estimate at HKD 5.80 per share. Given its demanding valuation, we view the shares as overvalued at current levels. Revenue and operating profit in...

Allen Cheng
  • Allen Cheng

Morningstar | Raising Uni-President’s FVE to HKD 5.80 owing to TVM a...

We slightly increase our fair value estimate for no-moat Uni-President China Holdings to HKD 5.80 per share from HKD 5.60 after taking account into the time value of money and the appreciation of the Chinese yuan. Our long-term investment theme remains intact that the company will continue to benefit from the consumption trade-ups, given its advancing market share and recognition of high product quality. However, the shares remain overvalued at current levels, trading at 20% premium to our fair ...

Allen Cheng
  • Allen Cheng

Morningstar | Raising Uni-President’s FVE to HKD 5.80 owing to TVM a...

We slightly increase our fair value estimate for no-moat Uni-President China Holdings to HKD 5.80 per share from HKD 5.60 after taking account into the time value of money and the appreciation of the Chinese yuan. Our long-term investment theme remains intact that the company will continue to benefit from the consumption trade-ups, given its advancing market share and recognition of high product quality. However, the shares remain overvalued at current levels, trading at 20% premium to our fair ...

Allen Cheng
  • Allen Cheng

Raising Uni-President’s FVE to HKD 5.80 owing to TVM and CNY Appreci...

We slightly increase our fair value estimate for no-moat Uni-President China Holdings to HKD 5.80 per share from HKD 5.60 after taking account into the time value of money and the appreciation of the Chinese yuan. Our long-term investment theme remains intact that the company will continue to benefit from the consumption trade-ups, given its advancing market share and recognition of high product quality. However, the shares remain overvalued at current levels, trading at 20% premium to our fair ...

Allen Cheng
  • Allen Cheng

Morningstar | Uni-President's 3Q Profits Largely in Line; Shares Overv...

No-moat Uni-President China Holdings reported third-quarter net profit largely in line with our expectation. Net income increased 9% year on year to CNY 399 million, decelerating from 25% growth in the first half. While we think the new tax cuts will boost consumers’ income, consumption demand slowed during the third quarter owing to the uncertainty of the ongoing U.S.-China trade war and intensifying competition in the beverage business. We expect the company will be on track with our forecas...

Allen Cheng
  • Allen Cheng

Morningstar | Uni-President's 3Q Profits Largely in Line; Shares Overv...

No-moat Uni-President China Holdings reported third-quarter net profit largely in line with our expectation. Net income increased 9% year on year to CNY 399 million, decelerating from 25% growth in the first half. While we think the new tax cuts will boost consumers’ income, consumption demand slowed during the third quarter owing to the uncertainty of the ongoing U.S.-China trade war and intensifying competition in the beverage business. We expect the company will be on track with our forecas...

Allen Cheng
  • Allen Cheng

Uni-President's 3Q Profits Largely in Line; Shares Overvalued Relative...

No-moat Uni-President China Holdings reported third-quarter net profit largely in line with our expectation. Net income increased 9% year on year to CNY 399 million, decelerating from 25% growth in the first half. While we think the new tax cuts will boost consumers’ income, consumption demand slowed during the third quarter owing to the uncertainty of the ongoing U.S.-China trade war and intensifying competition in the beverage business. We expect the company will be on track with our forecas...

Allen Cheng
  • Allen Cheng

Uni-President's 3Q Profits Largely in Line; Shares Overvalued Relative...

No-moat Uni-President China Holdings’, or UPCH’s, 13% EBITDA increase in first-half 2018 was better than we expected, driven by higher gross margin on the back of its premiumization strategy. Revenue came in at CNY 11.2 billion, up 6% year on year, largely in line with our 5.2% growth forecast, bolstered by double-digit sales growth in higher-end instant noodles (Soup Daren) and classic tea drinks (Uni Ice Tea and Uni Green Tea). Gross margin saw a 1.7-percentage-point increase from last yea...

Allen Cheng
  • Allen Cheng

Morningstar | Uni-President’s First-Half 2018 EBITDA Beats Our Forec...

No-moat Uni-President China Holdings’, or UPCH’s, 13% EBITDA increase in first-half 2018 was better than we expected, driven by higher gross margin on the back of its premiumization strategy. Revenue came in at CNY 11.2 billion, up 6% year on year, largely in line with our 5.2% growth forecast, bolstered by double-digit sales growth in higher-end instant noodles (Soup Daren) and classic tea drinks (Uni Ice Tea and Uni Green Tea). Gross margin saw a 1.7-percentage-point increase from last yea...

Allen Cheng
  • Allen Cheng

Morningstar | Uni-President’s First-Half 2018 EBITDA Beats Our Forec...

No-moat Uni-President China Holdings’, or UPCH’s, 13% EBITDA increase in first-half 2018 was better than we expected, driven by higher gross margin on the back of its premiumization strategy. Revenue came in at CNY 11.2 billion, up 6% year on year, largely in line with our 5.2% growth forecast, bolstered by double-digit sales growth in higher-end instant noodles (Soup Daren) and classic tea drinks (Uni Ice Tea and Uni Green Tea). Gross margin saw a 1.7-percentage-point increase from last yea...

Allen Cheng
  • Allen Cheng

Uni-President’s First-Half 2018 EBITDA Beats Our Forecast; Shares Re...

No-moat Uni-President China Holdings’, or UPCH’s, 13% EBITDA increase in first-half 2018 was better than we expected, driven by higher gross margin on the back of its premiumization strategy. Revenue came in at CNY 11.2 billion, up 6% year on year, largely in line with our 5.2% growth forecast, bolstered by double-digit sales growth in higher-end instant noodles (Soup Daren) and classic tea drinks (Uni Ice Tea and Uni Green Tea). Gross margin saw a 1.7-percentage-point increase from last yea...

Allen Cheng
  • Allen Cheng

Uni-President's ambitious expansion amid slower market growth could be...

No-moat Uni-President China Holdings' second-half 2017 results exceeded our expectations. Thanks to strong revenue growth in the beverage business and effective operating cost control, the top and bottom lines improved significantly from the year-ago period. While revenue grew 12% year on year to CNY 10.4 billion, improving from a 7% year-on-year decline in the first half, operating profit soared 21 times to CNY 397 million compared with the prior year. The firm’s profitability also improved n...

Allen Cheng
  • Allen Cheng

UPCH’s Upbeat 2H17 Results Boosted by Strong Beverage Sales Growth; ...

No-moat Uni-President China Holdings' second-half 2017 results exceeded our expectations. Thanks to strong revenue growth in the beverage business and effective operating cost control, the top and bottom lines improved significantly from the year-ago period. While revenue grew 12% year on year to CNY 10.4 billion, improving from a 7% year-on-year decline in the first half, operating profit soared 21 times to CNY 397 million compared with the prior year. The firm’s profitability also improved n...

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