View Financial HealthSmart-Core Holdings 배당 및 자사주 매입배당 기준 점검 2/6Smart-Core Holdings 수익으로 충분히 충당되는 현재 수익률 4.63% 보유한 배당금 지급 회사입니다. 다음 지급일은 26th June, 2026 이며 배당락일은 다음과 같습니다. 1st June, 2026.핵심 정보4.6%배당 수익률1.1%자사주 매입 수익률총 주주 수익률5.7%미래 배당 수익률n/a배당 성장률14.5%다음 배당 지급일26 Jun 26배당락일01 Jun 26주당 배당금n/a배당 성향49%최근 배당 및 자사주 매입 업데이트Upcoming Dividend • May 25Upcoming dividend of HK$0.14 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Hong Kong dividend payers (6.9%). Higher than average of industry peers (2.5%).Declared Dividend • Apr 02Final dividend increased to HK$0.14Dividend of HK$0.14 is 40% higher than last year. Ex-date: 1st June 2026 Payment date: 26th June 2026 Dividend yield will be 6.2%, which is higher than the industry average of 4.2%. Sustainability & Growth The dividend has increased by an average of 14% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.분석 기사 • Sep 01Smart-Core Holdings' (HKG:2166) Dividend Will Be HK$0.03Smart-Core Holdings Limited ( HKG:2166 ) will pay a dividend of HK$0.03 on the 30th of September. This will take the...Declared Dividend • Aug 31First half dividend increased to HK$0.03Dividend of HK$0.03 is 50% higher than last year. Ex-date: 15th September 2025 Payment date: 30th September 2025 Dividend yield will be 6.6%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 15% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.Upcoming Dividend • May 26Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 7.2%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (3.6%).분석 기사 • May 23Smart-Core Holdings (HKG:2166) Will Pay A Larger Dividend Than Last Year At HK$0.10Smart-Core Holdings Limited ( HKG:2166 ) has announced that it will be increasing its dividend from last year's...모든 업데이트 보기Recent updatesValuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 27%After last week's 27% share price gain to HK$5.71, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 17x in the Electronic industry in Hong Kong. Total returns to shareholders of 268% over the past three years.Upcoming Dividend • May 25Upcoming dividend of HK$0.14 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Hong Kong dividend payers (6.9%). Higher than average of industry peers (2.5%).New Risk • May 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.6% per year over the past 5 years. High level of non-cash earnings (42% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (11% average weekly change).Valuation Update With 7 Day Price Move • May 05Investor sentiment improves as stock rises 28%After last week's 28% share price gain to HK$3.71, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 15x in the Electronic industry in Hong Kong. Total returns to shareholders of 126% over the past three years.분석 기사 • Apr 24Smart-Core Holdings' (HKG:2166) Earnings Are Of Questionable QualitySmart-Core Holdings Limited ( HKG:2166 ) announced strong profits, but the stock was stagnant. Our analysis suggests...Board Change • Apr 22Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-executive Director Chen Lin was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Declared Dividend • Apr 02Final dividend increased to HK$0.14Dividend of HK$0.14 is 40% higher than last year. Ex-date: 1st June 2026 Payment date: 26th June 2026 Dividend yield will be 6.2%, which is higher than the industry average of 4.2%. Sustainability & Growth The dividend has increased by an average of 14% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.공시 • Mar 31Smart-Core Holdings Limited, Annual General Meeting, May 22, 2026Smart-Core Holdings Limited, Annual General Meeting, May 22, 2026.공시 • Mar 13Smart-Core Holdings Limited to Report Fiscal Year 2025 Results on Mar 31, 2026Smart-Core Holdings Limited announced that they will report fiscal year 2025 results on Mar 31, 2026분석 기사 • Jan 09Subdued Growth No Barrier To Smart-Core Holdings Limited (HKG:2166) With Shares Advancing 33%Smart-Core Holdings Limited ( HKG:2166 ) shareholders have had their patience rewarded with a 33% share price jump in...Buy Or Sell Opportunity • Jan 07Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to HK$2.45. The fair value is estimated to be HK$2.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 34% over the last 3 years. Earnings per share has declined by 28%.분석 기사 • Jan 05Calculating The Fair Value Of Smart-Core Holdings Limited (HKG:2166)Key Insights The projected fair value for Smart-Core Holdings is HK$2.02 based on Dividend Discount Model With HK$2.19...New Risk • Sep 24New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 5.4% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to HK$1.94, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 12x in the Electronic industry in Hong Kong. Total returns to shareholders of 16% over the past three years.Reported Earnings • Sep 03First half 2025 earnings released: EPS: HK$0.10 (vs HK$0.077 in 1H 2024)First half 2025 results: EPS: HK$0.10 (up from HK$0.077 in 1H 2024). Revenue: HK$2.80b (up 6.6% from 1H 2024). Net income: HK$48.5m (up 33% from 1H 2024). Profit margin: 1.7% (up from 1.4% in 1H 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.분석 기사 • Sep 01Smart-Core Holdings' (HKG:2166) Dividend Will Be HK$0.03Smart-Core Holdings Limited ( HKG:2166 ) will pay a dividend of HK$0.03 on the 30th of September. This will take the...Declared Dividend • Aug 31First half dividend increased to HK$0.03Dividend of HK$0.03 is 50% higher than last year. Ex-date: 15th September 2025 Payment date: 30th September 2025 Dividend yield will be 6.6%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 15% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Aug 30New major risk - Revenue and earnings growthEarnings have declined by 5.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.8% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.공시 • Aug 09Smart-Core Holdings Limited to Report First Half, 2025 Results on Aug 29, 2025Smart-Core Holdings Limited announced that they will report first half, 2025 results on Aug 29, 2025분석 기사 • Jul 21Smart-Core Holdings Limited's (HKG:2166) Prospects Need A Boost To Lift SharesSmart-Core Holdings Limited's ( HKG:2166 ) price-to-earnings (or "P/E") ratio of 8.8x might make it look like a buy...Upcoming Dividend • May 26Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 7.2%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (3.6%).분석 기사 • May 23Smart-Core Holdings (HKG:2166) Will Pay A Larger Dividend Than Last Year At HK$0.10Smart-Core Holdings Limited ( HKG:2166 ) has announced that it will be increasing its dividend from last year's...공시 • May 23Smart-Core Holdings Limited Approves Final Dividend for the Year Ended 31 December 2024Smart-Core Holdings Limited, at the AGM held on 23 May 2025 approved a final dividend of HK 10 cents per share for the year ended 31 December 2024.New Risk • May 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$777.9m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (HK$777.9m market cap, or US$99.6m).분석 기사 • Apr 24Smart-Core Holdings' (HKG:2166) Earnings Offer More Than Meets The EyeSmart-Core Holdings Limited's ( HKG:2166 ) recent earnings report didn't offer any surprises, with the shares unchanged...Declared Dividend • Mar 24Final dividend of HK$0.10 announcedShareholders will receive a dividend of HK$0.10. Ex-date: 2nd June 2025 Payment date: 27th June 2025 Dividend yield will be 7.1%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 15% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.New Risk • Mar 23New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 12% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (HK$756.5m market cap, or US$97.3m).Reported Earnings • Mar 22Full year 2024 earnings released: EPS: HK$0.21 (vs HK$0.15 in FY 2023)Full year 2024 results: EPS: HK$0.21 (up from HK$0.15 in FY 2023). Revenue: HK$4.65b (down 18% from FY 2023). Net income: HK$100.3m (up 41% from FY 2023). Profit margin: 2.2% (up from 1.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.공시 • Mar 21Smart-Core Holdings Limited, Annual General Meeting, May 23, 2025Smart-Core Holdings Limited, Annual General Meeting, May 23, 2025.공시 • Mar 10+ 1 more updateSmart-Core Holdings Limited to Report Fiscal Year 2024 Results on Mar 21, 2025Smart-Core Holdings Limited announced that they will report fiscal year 2024 results at 4:00 PM, China Standard Time on Mar 21, 2025분석 기사 • Mar 03Smart-Core Holdings Limited's (HKG:2166) Prospects Need A Boost To Lift SharesWhen close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") above 11x, you may consider...New Risk • Feb 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$775.3m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.분석 기사 • Dec 17Smart-Core Holdings (HKG:2166) Might Be Having Difficulty Using Its Capital EffectivelyDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...New Risk • Nov 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$751.8m (US$96.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$751.8m market cap, or US$96.6m).분석 기사 • Oct 04There's No Escaping Smart-Core Holdings Limited's (HKG:2166) Muted Earnings Despite A 30% Share Price RiseSmart-Core Holdings Limited ( HKG:2166 ) shareholders would be excited to see that the share price has had a great...분석 기사 • Oct 04Smart-Core Holdings Limited's (HKG:2166) Share Price Boosted 30% But Its Business Prospects Need A Lift TooSmart-Core Holdings Limited ( HKG:2166 ) shares have had a really impressive month, gaining 30% after a shaky period...Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$1.63, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 9x in the Electronic industry in Hong Kong. Total returns to shareholders of 46% over the past three years.Upcoming Dividend • Sep 02Upcoming dividend of HK$0.02 per shareEligible shareholders must have bought the stock before 09 September 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Hong Kong dividend payers (8.3%). In line with average of industry peers (3.5%).Reported Earnings • Aug 27First half 2024 earnings released: EPS: HK$0.077 (vs HK$0.027 in 1H 2023)First half 2024 results: EPS: HK$0.077 (up from HK$0.027 in 1H 2023). Revenue: HK$2.62b (down 18% from 1H 2023). Net income: HK$36.3m (up 187% from 1H 2023). Profit margin: 1.4% (up from 0.4% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.공시 • Aug 26Smart-Core Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on September 27, 2024Smart-Core Holdings Limited announced interim dividend of HKD 0.02 per share for the six months ended 30 June 2024. Ex-dividend date: 09 September 2024. Record date: 13 September 2024. Payment date: 27 September 2024.공시 • Aug 22Smart-Core Holdings Limited Provides Unaudited Earning Guidance for the Six Months Ended 30 June 2024Smart-Core Holdings Limited provided unaudited earning guidance for the six months ended 30 June 2024. For the period, it is expected that the profit attributable to owners of the Company for the Period will record an increase of no less than HKD 23 million, representing an increase of no less than 180%, as compared with the profit attributable to owners of the Company for the six months ended 30 June 2023. The growth in the profit attributable to owners of the Company for the Period is mainly due to decrease in finance costs. During the Period, the Group had efficiently controlled and improved the inventory and debtor turnover rates, as a result, less bank and other borrowings were used for the business of the Group.Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$1.22, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 9x in the Electronic industry in Hong Kong. Total loss to shareholders of 11% over the past three years.공시 • Aug 09Smart-Core Holdings Limited to Report Q2, 2024 Results on Aug 29, 2024Smart-Core Holdings Limited announced that they will report Q2, 2024 results on Aug 29, 2024분석 기사 • Jul 16The Returns On Capital At Smart-Core Holdings (HKG:2166) Don't Inspire ConfidenceThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...Buy Or Sell Opportunity • Jul 11Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to HK$1.23. The fair value is estimated to be HK$1.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 15%.Upcoming Dividend • May 27Upcoming dividend of HK$0.05 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Hong Kong dividend payers (7.6%). Higher than average of industry peers (3.1%).공시 • May 25Smart-Core Holdings Limited Declares Final Dividend for the Year Ended 31 December 2023Smart-Core Holdings Limited announced that at the AGM was held on 24 May 2024, the company declared final dividend of 5 HK cents per share for the year ended 31 December 2023.분석 기사 • May 21Smart-Core Holdings' (HKG:2166) Shareholders Will Receive A Smaller Dividend Than Last YearSmart-Core Holdings Limited ( HKG:2166 ) is reducing its dividend from last year's comparable payment to HK$0.05 on the...분석 기사 • Apr 24Smart-Core Holdings (HKG:2166) Is Paying Out Less In Dividends Than Last YearSmart-Core Holdings Limited ( HKG:2166 ) has announced that on 28th of June, it will be paying a dividend ofHK$0.05...Reported Earnings • Apr 21Full year 2023 earnings released: EPS: HK$0.15 (vs HK$0.34 in FY 2022)Full year 2023 results: EPS: HK$0.15 (down from HK$0.34 in FY 2022). Revenue: HK$5.67b (down 43% from FY 2022). Net income: HK$71.1m (down 57% from FY 2022). Profit margin: 1.3% (down from 1.6% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to HK$1.40, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 9x in the Electronic industry in Hong Kong. Total returns to shareholders of 42% over the past three years.분석 기사 • Mar 25Smart-Core Holdings' (HKG:2166) Shareholders Will Receive A Smaller Dividend Than Last YearSmart-Core Holdings Limited ( HKG:2166 ) is reducing its dividend from last year's comparable payment to HK$0.05 on the...공시 • Mar 23Smart-Core Holdings Limited, Annual General Meeting, May 24, 2024Smart-Core Holdings Limited, Annual General Meeting, May 24, 2024. Agenda: To approve final dividend for fiscal 2023.Reported Earnings • Mar 23Full year 2023 earnings released: EPS: HK$0.15 (vs HK$0.34 in FY 2022)Full year 2023 results: EPS: HK$0.15 (down from HK$0.34 in FY 2022). Revenue: HK$5.67b (down 43% from FY 2022). Net income: HK$71.1m (down 57% from FY 2022). Profit margin: 1.3% (down from 1.6% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.공시 • Mar 08Smart-Core Holdings Limited to Report Fiscal Year 2023 Results on Mar 22, 2024Smart-Core Holdings Limited announced that they will report fiscal year 2023 results on Mar 22, 2024분석 기사 • Mar 04Here's What To Make Of Smart-Core Holdings' (HKG:2166) Decelerating Rates Of ReturnIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...Valuation Update With 7 Day Price Move • Jan 17Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to HK$1.18, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 7x in the Electronic industry in Hong Kong. Total returns to shareholders of 13% over the past three years.공시 • Dec 05Smart-Core Holdings Limited Appoints Xue Chun as Independent Non-Executive Director and Member of the Audit CommitteeThe Board of Smart-Core Holdings Limited announced that Dr. Xue Chun has been appointed as an independent non-executive Director and a member of the Audit Committee with effect from 4 December 2023. Dr. Xue, aged 49, has more than 25 years' of experience in the field of computer sciences and machine learning systems. Dr. Xue obtained a bachelor of science in computer science engineering in May 1997 from the University of Texas at Arlington, a master of science in computer science in December 2002 and a PhD in computer science in May 2007 from the University of Texas at Dallas. He has been working at the Department of Computer Science at the City University of Hong Kong since July 2007 where he was an assistant professor and was then promoted to an associate professor in July 2016. He is currently a professor at the City University of Hong Kong since March 2022. Following the appointment of Dr. Xue, (i) the Board comprises three independent non- executive Directors and the Company has appointed independent non-executive Directors representing a minimum of one-third of the Board as required under Rules 3.10(1) and 3.10A of the Listing Rules; and (ii) the Audit Committee comprises three members which fulfils the requirement under Rule 3.21 of the Listing Rules and the terms of reference of the Audit Committee.New Risk • Nov 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (HK$771.3m market cap, or US$99.0m).Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improves as stock rises 22%After last week's 22% share price gain to HK$1.49, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 7x in the Electronic industry in Hong Kong. Total returns to shareholders of 35% over the past three years.분석 기사 • Nov 15Returns At Smart-Core Holdings (HKG:2166) Appear To Be Weighed DownIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...Valuation Update With 7 Day Price Move • Sep 07Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to HK$1.22, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 8x in the Electronic industry in Hong Kong. Total returns to shareholders of 9.6% over the past three years.공시 • Sep 05Smart-Core Holdings Limited Announces Redesignation of Mr. Zheng Gang from Being an Independent Non-Executive Director to an Executive DirectorThe board of directors of Smart-Core Holdings Limited announced that with effect from 4 September 2023: Mr. Zheng Gang has been redesignated from being an independent non-executive Director to an executive Director, and ceased to be the members of each of the audit committee of the Board and remuneration committee of the Board; and Ms. Xu Wei, an independent non-executive Director, has been appointed as the chairman of the Remuneration Committee. The biographical details of Mr. Zheng are set out as follows: Mr. Zheng, aged 55, was appointed as an independent non-executive Director of Company on 16 March 2016. Mr. Zheng has been the executive director of Yield Go Holdings Ltd., a company listed on The Stock Exchange of Hong Kong Limited since 1 October 2022. He was the executive director of Good Fellow Healthcare Holdings Limited (formerly known as Hua Xia Healthcare Holdings Limited), a company listed on the Stock Exchange (stock code: 8143) from August 2007 to 22 August 2023, a non-executive director of New Provenance Everlasting Holdings Limited, a company listed on the Stock Exchange from May 2018 to November 2019, and also an independent non-executive director of Opes Asia Development Limited (currently known as China Castson 81 Finance Company Limited), a company listed on the Stock Exchange from July 2012 to May 2013. Mr. Zheng has extensive experience in management in the finance and investment industry. Mr. Zheng obtained a degree in Bachelor of Electronic Engineering from Xiamen University in July 1989 and a degree of Master of Business Administration from University of Wales in April 1994. Save as disclosed above and as at the date of this announcement, Mr. Zheng does not hold any directorship in other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years or any other position with the Company and other members of the Group or other major appointments and professional qualifications.Reported Earnings • Aug 27First half 2023 earnings released: EPS: HK$0.027 (vs HK$0.30 in 1H 2022)First half 2023 results: EPS: HK$0.027 (down from HK$0.30 in 1H 2022). Revenue: HK$3.18b (down 44% from 1H 2022). Net income: HK$12.7m (down 91% from 1H 2022). Profit margin: 0.4% (down from 2.6% in 1H 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.New Risk • Aug 26New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 2.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (0.4% net profit margin).공시 • Aug 20Smart-Core Holdings Limited Provides Unaudited Earnings Guidance for the Six Months Ended 30 June, 2023Smart-Core Holdings Limited provides unaudited earnings guidance for the six months ended 30 June, 2023. For the period, the company expected that the profit attributable to owners of the Company for the Period will record adecrease of approximately 90% as compared to the profit attributable to owners of the Company for the six months ended 30 June 2022 (2022: HKD 145.2 million). The decrease in profit attributable to owners of the Company for the Period is mainly due to the decrease in revenue recorded as a result of the drop in the sales orders received from customers.공시 • Aug 09Smart-Core Holdings Limited to Report First Half, 2023 Results on Aug 25, 2023Smart-Core Holdings Limited announced that they will report first half, 2023 results on Aug 25, 2023Valuation Update With 7 Day Price Move • Jun 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to HK$2.24, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 6x in the Electronic industry in Hong Kong. Total returns to shareholders of 106% over the past three years.Upcoming Dividend • May 29Upcoming dividend of HK$0.06 per share at 5.3% yieldEligible shareholders must have bought the stock before 05 June 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (3.4%).Reported Earnings • Mar 26Full year 2022 earnings released: EPS: HK$0.34 (vs HK$0.44 in FY 2021)Full year 2022 results: EPS: HK$0.34 (down from HK$0.44 in FY 2021). Revenue: HK$10.0b (down 3.7% from FY 2021). Net income: HK$164.7m (down 23% from FY 2021). Profit margin: 1.6% (down from 2.1% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Dec 28Investor sentiment improved over the past weekAfter last week's 18% share price gain to HK$2.29, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 6x in the Electronic industry in Hong Kong. Total returns to shareholders of 79% over the past three years.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Wei Xu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Sep 02Upcoming dividend of HK$0.04 per shareEligible shareholders must have bought the stock before 09 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 6.2%. Lower than top quartile of Hong Kong dividend payers (8.2%). Higher than average of industry peers (5.6%).분석 기사 • Aug 28Smart-Core Holdings (HKG:2166) Is Due To Pay A Dividend Of HK$0.04Smart-Core Holdings Limited ( HKG:2166 ) has announced that it will pay a dividend of HK$0.04 per share on the 30th of...Reported Earnings • Aug 27First half 2022 earnings released: EPS: HK$0.30 (vs HK$0.19 in 1H 2021)First half 2022 results: EPS: HK$0.30 (up from HK$0.19 in 1H 2021). Revenue: HK$5.66b (up 15% from 1H 2021). Net income: HK$145.2m (up 54% from 1H 2021). Profit margin: 2.6% (up from 1.9% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.공시 • Aug 26Smart-Core Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on September 30, 2022Smart-Core Holdings Limited announced Interim dividend of HKD 0.04 per share for the Six Months Ended 30 June 2022. Ex-dividend date is 12 September 2022. Record date is 16 September 2022. Payment date is 30 September 2022.공시 • May 26Smart-Core Holdings Limited Approves Final Dividend for the Year Ended 31 December 2021Smart-Core Holdings Limited approved final dividend of HK 8 cents per share for the year ended 31 December 2021 at its annual general meeting held on May 25, 2022.Upcoming Dividend • May 24Upcoming dividend of HK$0.08 per shareEligible shareholders must have bought the stock before 31 May 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 10%. Within top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (5.1%).분석 기사 • May 19Smart-Core Holdings (HKG:2166) Has Announced That It Will Be Increasing Its Dividend To HK$0.08Smart-Core Holdings Limited's ( HKG:2166 ) dividend will be increasing to HK$0.08 on 24th of June. This will take the...Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Wei Xu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 03Full year 2021 earnings released: EPS: HK$0.44 (vs HK$0.14 in FY 2020)Full year 2021 results: EPS: HK$0.44 (up from HK$0.14 in FY 2020). Revenue: HK$10.4b (up 88% from FY 2020). Net income: HK$214.1m (up 202% from FY 2020). Profit margin: 2.1% (up from 1.3% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.공시 • Apr 01+ 1 more updateSmart-Core Holdings Limited, Annual General Meeting, May 25, 2022Smart-Core Holdings Limited, Annual General Meeting, May 25, 2022.분석 기사 • Mar 04Estimating The Intrinsic Value Of Smart-Core Holdings Limited (HKG:2166)Does the March share price for Smart-Core Holdings Limited ( HKG:2166 ) reflect what it's really worth? Today, we will...Executive Departure • Dec 06Executive Director Yan Qing has left the companyOn the 6th of December, Yan Qing's tenure as Executive Director ended after 2.7 years in the role. As of September 2021, Yan still personally held 1.23m shares (HK$1.6m worth at the time). Yan is the only executive to leave the company over the last 12 months.Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improved over the past weekAfter last week's 17% share price gain to HK$1.54, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 9x in the Electronic industry in Hong Kong. Total returns to shareholders of 2.6% over the past three years.분석 기사 • Oct 21Here's Why I Think Smart-Core Holdings (HKG:2166) Might Deserve Your Attention TodayLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...Upcoming Dividend • Sep 07Upcoming dividend of HK$0.04 per shareEligible shareholders must have bought the stock before 14 September 2021. Payment date: 30 September 2021. Trailing yield: 5.1%. Lower than top quartile of Hong Kong dividend payers (6.5%). Higher than average of industry peers (2.8%).분석 기사 • Aug 27Smart-Core Holdings' (HKG:2166) Dividend Will Be Increased To HK$0.04The board of Smart-Core Holdings Limited ( HKG:2166 ) has announced that it will be increasing its dividend on the 30th...Reported Earnings • Aug 27First half 2021 earnings released: EPS HK$0.19 (vs HK$0.061 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$4.91b (up 131% from 1H 2020). Net income: HK$94.6m (up 217% from 1H 2020). Profit margin: 1.9% (up from 1.4% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Aug 12Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to HK$1.64, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 11x in the Electronic industry in Hong Kong. Total returns to shareholders of 17% over the past three years.분석 기사 • Jul 28Investors Could Be Concerned With Smart-Core Holdings' (HKG:2166) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improved over the past weekAfter last week's 23% share price gain to HK$1.82, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 10x in the Electronic industry in Hong Kong. Total returns to shareholders of 30% over the past three years.Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 18% share price gain to HK$1.57, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 11x in the Electronic industry in Hong Kong. Total returns to shareholders of 19% over the past three years.공시 • May 27Smart-Core Holdings Limited Approves Final Dividend for the Year Ended 31 December 2020Smart-Core Holdings Limited announced that at the annual general meeting held on 26 May 2021 approved final dividend of 4 HK cents per share for the year ended 31 December 2020.Upcoming Dividend • May 25Upcoming dividend of HK$0.04 per shareEligible shareholders must have bought the stock before 01 June 2021. Payment date: 25 June 2021. Trailing yield: 6.1%. Within top quartile of Hong Kong dividend payers (6.0%). Higher than average of industry peers (4.1%).지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: 2166 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: 2166 의 배당금 지급이 증가했지만 회사는 9 년 동안만 배당금을 지급했습니다.배당 수익률 vs 시장Smart-Core Holdings 배당 수익률 vs 시장2166의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (2166)4.6%시장 하위 25% (HK)2.9%시장 상위 25% (HK)7.2%업계 평균 (Electronic)1.8%분석가 예측 (2166) (최대 3년)n/a주목할만한 배당금: 2166 의 배당금( 4.63% )은 Hong Kong 시장에서 배당금 지급자의 하위 25%( 2.95% )보다 높습니다.고배당: 2166 의 배당금( 4.63% )은 Hong Kong 시장에서 배당금 지급자의 상위 25%( 7.19% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 합리적으로 낮은 지불 비율 ( 48.8% )로 2166 의 배당금 지급은 수익으로 충분히 충당됩니다.주주 현금 배당현금 흐름 범위: 2166 배당금을 지급하고 있지만 회사에는 잉여현금흐름이 없습니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YHK 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/18 18:10종가2026/06/18 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Smart-Core Holdings Limited는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
Upcoming Dividend • May 25Upcoming dividend of HK$0.14 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Hong Kong dividend payers (6.9%). Higher than average of industry peers (2.5%).
Declared Dividend • Apr 02Final dividend increased to HK$0.14Dividend of HK$0.14 is 40% higher than last year. Ex-date: 1st June 2026 Payment date: 26th June 2026 Dividend yield will be 6.2%, which is higher than the industry average of 4.2%. Sustainability & Growth The dividend has increased by an average of 14% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
분석 기사 • Sep 01Smart-Core Holdings' (HKG:2166) Dividend Will Be HK$0.03Smart-Core Holdings Limited ( HKG:2166 ) will pay a dividend of HK$0.03 on the 30th of September. This will take the...
Declared Dividend • Aug 31First half dividend increased to HK$0.03Dividend of HK$0.03 is 50% higher than last year. Ex-date: 15th September 2025 Payment date: 30th September 2025 Dividend yield will be 6.6%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 15% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
Upcoming Dividend • May 26Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 7.2%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (3.6%).
분석 기사 • May 23Smart-Core Holdings (HKG:2166) Will Pay A Larger Dividend Than Last Year At HK$0.10Smart-Core Holdings Limited ( HKG:2166 ) has announced that it will be increasing its dividend from last year's...
Valuation Update With 7 Day Price Move • May 27Investor sentiment improves as stock rises 27%After last week's 27% share price gain to HK$5.71, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 17x in the Electronic industry in Hong Kong. Total returns to shareholders of 268% over the past three years.
Upcoming Dividend • May 25Upcoming dividend of HK$0.14 per shareEligible shareholders must have bought the stock before 01 June 2026. Payment date: 26 June 2026. Payout ratio is a comfortable 49% but the company is not cash flow positive. Trailing yield: 3.5%. Lower than top quartile of Hong Kong dividend payers (6.9%). Higher than average of industry peers (2.5%).
New Risk • May 06New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 8.6% per year over the past 5 years. High level of non-cash earnings (42% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (11% average weekly change).
Valuation Update With 7 Day Price Move • May 05Investor sentiment improves as stock rises 28%After last week's 28% share price gain to HK$3.71, the stock trades at a trailing P/E ratio of 10.5x. Average trailing P/E is 15x in the Electronic industry in Hong Kong. Total returns to shareholders of 126% over the past three years.
분석 기사 • Apr 24Smart-Core Holdings' (HKG:2166) Earnings Are Of Questionable QualitySmart-Core Holdings Limited ( HKG:2166 ) announced strong profits, but the stock was stagnant. Our analysis suggests...
Board Change • Apr 22Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 2 experienced directors. 5 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-executive Director Chen Lin was the last independent director to join the board, commencing their role in 2025. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Declared Dividend • Apr 02Final dividend increased to HK$0.14Dividend of HK$0.14 is 40% higher than last year. Ex-date: 1st June 2026 Payment date: 26th June 2026 Dividend yield will be 6.2%, which is higher than the industry average of 4.2%. Sustainability & Growth The dividend has increased by an average of 14% per year over the past 9 years. However, payments have been volatile during that time. Earnings per share has grown by 19% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
공시 • Mar 31Smart-Core Holdings Limited, Annual General Meeting, May 22, 2026Smart-Core Holdings Limited, Annual General Meeting, May 22, 2026.
공시 • Mar 13Smart-Core Holdings Limited to Report Fiscal Year 2025 Results on Mar 31, 2026Smart-Core Holdings Limited announced that they will report fiscal year 2025 results on Mar 31, 2026
분석 기사 • Jan 09Subdued Growth No Barrier To Smart-Core Holdings Limited (HKG:2166) With Shares Advancing 33%Smart-Core Holdings Limited ( HKG:2166 ) shareholders have had their patience rewarded with a 33% share price jump in...
Buy Or Sell Opportunity • Jan 07Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 21% to HK$2.45. The fair value is estimated to be HK$2.02, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 34% over the last 3 years. Earnings per share has declined by 28%.
분석 기사 • Jan 05Calculating The Fair Value Of Smart-Core Holdings Limited (HKG:2166)Key Insights The projected fair value for Smart-Core Holdings is HK$2.02 based on Dividend Discount Model With HK$2.19...
New Risk • Sep 24New major risk - Financial positionThe company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 5.4% per year over the past 5 years. High level of non-cash earnings (26% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows.
Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 15%After last week's 15% share price gain to HK$1.94, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 12x in the Electronic industry in Hong Kong. Total returns to shareholders of 16% over the past three years.
Reported Earnings • Sep 03First half 2025 earnings released: EPS: HK$0.10 (vs HK$0.077 in 1H 2024)First half 2025 results: EPS: HK$0.10 (up from HK$0.077 in 1H 2024). Revenue: HK$2.80b (up 6.6% from 1H 2024). Net income: HK$48.5m (up 33% from 1H 2024). Profit margin: 1.7% (up from 1.4% in 1H 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
분석 기사 • Sep 01Smart-Core Holdings' (HKG:2166) Dividend Will Be HK$0.03Smart-Core Holdings Limited ( HKG:2166 ) will pay a dividend of HK$0.03 on the 30th of September. This will take the...
Declared Dividend • Aug 31First half dividend increased to HK$0.03Dividend of HK$0.03 is 50% higher than last year. Ex-date: 15th September 2025 Payment date: 30th September 2025 Dividend yield will be 6.6%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is well covered by both earnings (41% earnings payout ratio) and cash flows (26% cash payout ratio). The dividend has increased by an average of 15% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 17% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Aug 30New major risk - Revenue and earnings growthEarnings have declined by 5.8% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 5.8% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
공시 • Aug 09Smart-Core Holdings Limited to Report First Half, 2025 Results on Aug 29, 2025Smart-Core Holdings Limited announced that they will report first half, 2025 results on Aug 29, 2025
분석 기사 • Jul 21Smart-Core Holdings Limited's (HKG:2166) Prospects Need A Boost To Lift SharesSmart-Core Holdings Limited's ( HKG:2166 ) price-to-earnings (or "P/E") ratio of 8.8x might make it look like a buy...
Upcoming Dividend • May 26Upcoming dividend of HK$0.10 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 56% and this is well supported by cash flows. Trailing yield: 7.2%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (3.6%).
분석 기사 • May 23Smart-Core Holdings (HKG:2166) Will Pay A Larger Dividend Than Last Year At HK$0.10Smart-Core Holdings Limited ( HKG:2166 ) has announced that it will be increasing its dividend from last year's...
공시 • May 23Smart-Core Holdings Limited Approves Final Dividend for the Year Ended 31 December 2024Smart-Core Holdings Limited, at the AGM held on 23 May 2025 approved a final dividend of HK 10 cents per share for the year ended 31 December 2024.
New Risk • May 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$777.9m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (HK$777.9m market cap, or US$99.6m).
분석 기사 • Apr 24Smart-Core Holdings' (HKG:2166) Earnings Offer More Than Meets The EyeSmart-Core Holdings Limited's ( HKG:2166 ) recent earnings report didn't offer any surprises, with the shares unchanged...
Declared Dividend • Mar 24Final dividend of HK$0.10 announcedShareholders will receive a dividend of HK$0.10. Ex-date: 2nd June 2025 Payment date: 27th June 2025 Dividend yield will be 7.1%, which is higher than the industry average of 4.2%. Sustainability & Growth Dividend is covered by both earnings (56% earnings payout ratio) and cash flows (29% cash payout ratio). The dividend has increased by an average of 15% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover.
New Risk • Mar 23New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 12% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (HK$756.5m market cap, or US$97.3m).
Reported Earnings • Mar 22Full year 2024 earnings released: EPS: HK$0.21 (vs HK$0.15 in FY 2023)Full year 2024 results: EPS: HK$0.21 (up from HK$0.15 in FY 2023). Revenue: HK$4.65b (down 18% from FY 2023). Net income: HK$100.3m (up 41% from FY 2023). Profit margin: 2.2% (up from 1.3% in FY 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings.
공시 • Mar 21Smart-Core Holdings Limited, Annual General Meeting, May 23, 2025Smart-Core Holdings Limited, Annual General Meeting, May 23, 2025.
공시 • Mar 10+ 1 more updateSmart-Core Holdings Limited to Report Fiscal Year 2024 Results on Mar 21, 2025Smart-Core Holdings Limited announced that they will report fiscal year 2024 results at 4:00 PM, China Standard Time on Mar 21, 2025
분석 기사 • Mar 03Smart-Core Holdings Limited's (HKG:2166) Prospects Need A Boost To Lift SharesWhen close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") above 11x, you may consider...
New Risk • Feb 20New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$775.3m (US$99.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. This is currently the only risk that has been identified for the company.
분석 기사 • Dec 17Smart-Core Holdings (HKG:2166) Might Be Having Difficulty Using Its Capital EffectivelyDid you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
New Risk • Nov 15New minor risk - Market cap sizeThe company's market capitalization is less than US$100m. Market cap: HK$751.8m (US$96.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (HK$751.8m market cap, or US$96.6m).
분석 기사 • Oct 04There's No Escaping Smart-Core Holdings Limited's (HKG:2166) Muted Earnings Despite A 30% Share Price RiseSmart-Core Holdings Limited ( HKG:2166 ) shareholders would be excited to see that the share price has had a great...
분석 기사 • Oct 04Smart-Core Holdings Limited's (HKG:2166) Share Price Boosted 30% But Its Business Prospects Need A Lift TooSmart-Core Holdings Limited ( HKG:2166 ) shares have had a really impressive month, gaining 30% after a shaky period...
Valuation Update With 7 Day Price Move • Oct 04Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$1.63, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 9x in the Electronic industry in Hong Kong. Total returns to shareholders of 46% over the past three years.
Upcoming Dividend • Sep 02Upcoming dividend of HK$0.02 per shareEligible shareholders must have bought the stock before 09 September 2024. Payment date: 27 September 2024. Payout ratio is a comfortable 34% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Hong Kong dividend payers (8.3%). In line with average of industry peers (3.5%).
Reported Earnings • Aug 27First half 2024 earnings released: EPS: HK$0.077 (vs HK$0.027 in 1H 2023)First half 2024 results: EPS: HK$0.077 (up from HK$0.027 in 1H 2023). Revenue: HK$2.62b (down 18% from 1H 2023). Net income: HK$36.3m (up 187% from 1H 2023). Profit margin: 1.4% (up from 0.4% in 1H 2023). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 36% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
공시 • Aug 26Smart-Core Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2024, Payable on September 27, 2024Smart-Core Holdings Limited announced interim dividend of HKD 0.02 per share for the six months ended 30 June 2024. Ex-dividend date: 09 September 2024. Record date: 13 September 2024. Payment date: 27 September 2024.
공시 • Aug 22Smart-Core Holdings Limited Provides Unaudited Earning Guidance for the Six Months Ended 30 June 2024Smart-Core Holdings Limited provided unaudited earning guidance for the six months ended 30 June 2024. For the period, it is expected that the profit attributable to owners of the Company for the Period will record an increase of no less than HKD 23 million, representing an increase of no less than 180%, as compared with the profit attributable to owners of the Company for the six months ended 30 June 2023. The growth in the profit attributable to owners of the Company for the Period is mainly due to decrease in finance costs. During the Period, the Group had efficiently controlled and improved the inventory and debtor turnover rates, as a result, less bank and other borrowings were used for the business of the Group.
Valuation Update With 7 Day Price Move • Aug 16Investor sentiment improves as stock rises 16%After last week's 16% share price gain to HK$1.22, the stock trades at a trailing P/E ratio of 8.1x. Average trailing P/E is 9x in the Electronic industry in Hong Kong. Total loss to shareholders of 11% over the past three years.
공시 • Aug 09Smart-Core Holdings Limited to Report Q2, 2024 Results on Aug 29, 2024Smart-Core Holdings Limited announced that they will report Q2, 2024 results on Aug 29, 2024
분석 기사 • Jul 16The Returns On Capital At Smart-Core Holdings (HKG:2166) Don't Inspire ConfidenceThere are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...
Buy Or Sell Opportunity • Jul 11Now 22% undervalued after recent price dropOver the last 90 days, the stock has fallen 12% to HK$1.23. The fair value is estimated to be HK$1.57, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 15%.
Upcoming Dividend • May 27Upcoming dividend of HK$0.05 per shareEligible shareholders must have bought the stock before 03 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 33% and this is well supported by cash flows. Trailing yield: 3.7%. Lower than top quartile of Hong Kong dividend payers (7.6%). Higher than average of industry peers (3.1%).
공시 • May 25Smart-Core Holdings Limited Declares Final Dividend for the Year Ended 31 December 2023Smart-Core Holdings Limited announced that at the AGM was held on 24 May 2024, the company declared final dividend of 5 HK cents per share for the year ended 31 December 2023.
분석 기사 • May 21Smart-Core Holdings' (HKG:2166) Shareholders Will Receive A Smaller Dividend Than Last YearSmart-Core Holdings Limited ( HKG:2166 ) is reducing its dividend from last year's comparable payment to HK$0.05 on the...
분석 기사 • Apr 24Smart-Core Holdings (HKG:2166) Is Paying Out Less In Dividends Than Last YearSmart-Core Holdings Limited ( HKG:2166 ) has announced that on 28th of June, it will be paying a dividend ofHK$0.05...
Reported Earnings • Apr 21Full year 2023 earnings released: EPS: HK$0.15 (vs HK$0.34 in FY 2022)Full year 2023 results: EPS: HK$0.15 (down from HK$0.34 in FY 2022). Revenue: HK$5.67b (down 43% from FY 2022). Net income: HK$71.1m (down 57% from FY 2022). Profit margin: 1.3% (down from 1.6% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings.
Valuation Update With 7 Day Price Move • Apr 12Investor sentiment improves as stock rises 17%After last week's 17% share price gain to HK$1.40, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 9x in the Electronic industry in Hong Kong. Total returns to shareholders of 42% over the past three years.
분석 기사 • Mar 25Smart-Core Holdings' (HKG:2166) Shareholders Will Receive A Smaller Dividend Than Last YearSmart-Core Holdings Limited ( HKG:2166 ) is reducing its dividend from last year's comparable payment to HK$0.05 on the...
공시 • Mar 23Smart-Core Holdings Limited, Annual General Meeting, May 24, 2024Smart-Core Holdings Limited, Annual General Meeting, May 24, 2024. Agenda: To approve final dividend for fiscal 2023.
Reported Earnings • Mar 23Full year 2023 earnings released: EPS: HK$0.15 (vs HK$0.34 in FY 2022)Full year 2023 results: EPS: HK$0.15 (down from HK$0.34 in FY 2022). Revenue: HK$5.67b (down 43% from FY 2022). Net income: HK$71.1m (down 57% from FY 2022). Profit margin: 1.3% (down from 1.6% in FY 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
공시 • Mar 08Smart-Core Holdings Limited to Report Fiscal Year 2023 Results on Mar 22, 2024Smart-Core Holdings Limited announced that they will report fiscal year 2023 results on Mar 22, 2024
분석 기사 • Mar 04Here's What To Make Of Smart-Core Holdings' (HKG:2166) Decelerating Rates Of ReturnIf you're looking for a multi-bagger, there's a few things to keep an eye out for. Typically, we'll want to notice a...
Valuation Update With 7 Day Price Move • Jan 17Investor sentiment deteriorates as stock falls 15%After last week's 15% share price decline to HK$1.18, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 7x in the Electronic industry in Hong Kong. Total returns to shareholders of 13% over the past three years.
공시 • Dec 05Smart-Core Holdings Limited Appoints Xue Chun as Independent Non-Executive Director and Member of the Audit CommitteeThe Board of Smart-Core Holdings Limited announced that Dr. Xue Chun has been appointed as an independent non-executive Director and a member of the Audit Committee with effect from 4 December 2023. Dr. Xue, aged 49, has more than 25 years' of experience in the field of computer sciences and machine learning systems. Dr. Xue obtained a bachelor of science in computer science engineering in May 1997 from the University of Texas at Arlington, a master of science in computer science in December 2002 and a PhD in computer science in May 2007 from the University of Texas at Dallas. He has been working at the Department of Computer Science at the City University of Hong Kong since July 2007 where he was an assistant professor and was then promoted to an associate professor in July 2016. He is currently a professor at the City University of Hong Kong since March 2022. Following the appointment of Dr. Xue, (i) the Board comprises three independent non- executive Directors and the Company has appointed independent non-executive Directors representing a minimum of one-third of the Board as required under Rules 3.10(1) and 3.10A of the Listing Rules; and (ii) the Audit Committee comprises three members which fulfils the requirement under Rule 3.21 of the Listing Rules and the terms of reference of the Audit Committee.
New Risk • Nov 25New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hong Kong stocks, typically moving 9.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Profit margins are more than 30% lower than last year (0.4% net profit margin). Market cap is less than US$100m (HK$771.3m market cap, or US$99.0m).
Valuation Update With 7 Day Price Move • Nov 17Investor sentiment improves as stock rises 22%After last week's 22% share price gain to HK$1.49, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 7x in the Electronic industry in Hong Kong. Total returns to shareholders of 35% over the past three years.
분석 기사 • Nov 15Returns At Smart-Core Holdings (HKG:2166) Appear To Be Weighed DownIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to HK$1.22, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 8x in the Electronic industry in Hong Kong. Total returns to shareholders of 9.6% over the past three years.
공시 • Sep 05Smart-Core Holdings Limited Announces Redesignation of Mr. Zheng Gang from Being an Independent Non-Executive Director to an Executive DirectorThe board of directors of Smart-Core Holdings Limited announced that with effect from 4 September 2023: Mr. Zheng Gang has been redesignated from being an independent non-executive Director to an executive Director, and ceased to be the members of each of the audit committee of the Board and remuneration committee of the Board; and Ms. Xu Wei, an independent non-executive Director, has been appointed as the chairman of the Remuneration Committee. The biographical details of Mr. Zheng are set out as follows: Mr. Zheng, aged 55, was appointed as an independent non-executive Director of Company on 16 March 2016. Mr. Zheng has been the executive director of Yield Go Holdings Ltd., a company listed on The Stock Exchange of Hong Kong Limited since 1 October 2022. He was the executive director of Good Fellow Healthcare Holdings Limited (formerly known as Hua Xia Healthcare Holdings Limited), a company listed on the Stock Exchange (stock code: 8143) from August 2007 to 22 August 2023, a non-executive director of New Provenance Everlasting Holdings Limited, a company listed on the Stock Exchange from May 2018 to November 2019, and also an independent non-executive director of Opes Asia Development Limited (currently known as China Castson 81 Finance Company Limited), a company listed on the Stock Exchange from July 2012 to May 2013. Mr. Zheng has extensive experience in management in the finance and investment industry. Mr. Zheng obtained a degree in Bachelor of Electronic Engineering from Xiamen University in July 1989 and a degree of Master of Business Administration from University of Wales in April 1994. Save as disclosed above and as at the date of this announcement, Mr. Zheng does not hold any directorship in other public companies the securities of which are listed on any securities market in Hong Kong or overseas in the last three years or any other position with the Company and other members of the Group or other major appointments and professional qualifications.
Reported Earnings • Aug 27First half 2023 earnings released: EPS: HK$0.027 (vs HK$0.30 in 1H 2022)First half 2023 results: EPS: HK$0.027 (down from HK$0.30 in 1H 2022). Revenue: HK$3.18b (down 44% from 1H 2022). Net income: HK$12.7m (down 91% from 1H 2022). Profit margin: 0.4% (down from 2.6% in 1H 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
New Risk • Aug 26New minor risk - Profit margin trendThe company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 0.4% Last year net profit margin: 2.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (0.4% net profit margin).
공시 • Aug 20Smart-Core Holdings Limited Provides Unaudited Earnings Guidance for the Six Months Ended 30 June, 2023Smart-Core Holdings Limited provides unaudited earnings guidance for the six months ended 30 June, 2023. For the period, the company expected that the profit attributable to owners of the Company for the Period will record adecrease of approximately 90% as compared to the profit attributable to owners of the Company for the six months ended 30 June 2022 (2022: HKD 145.2 million). The decrease in profit attributable to owners of the Company for the Period is mainly due to the decrease in revenue recorded as a result of the drop in the sales orders received from customers.
공시 • Aug 09Smart-Core Holdings Limited to Report First Half, 2023 Results on Aug 25, 2023Smart-Core Holdings Limited announced that they will report first half, 2023 results on Aug 25, 2023
Valuation Update With 7 Day Price Move • Jun 20Investor sentiment improves as stock rises 15%After last week's 15% share price gain to HK$2.24, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 6x in the Electronic industry in Hong Kong. Total returns to shareholders of 106% over the past three years.
Upcoming Dividend • May 29Upcoming dividend of HK$0.06 per share at 5.3% yieldEligible shareholders must have bought the stock before 05 June 2023. Payment date: 23 June 2023. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 5.3%. Lower than top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (3.4%).
Reported Earnings • Mar 26Full year 2022 earnings released: EPS: HK$0.34 (vs HK$0.44 in FY 2021)Full year 2022 results: EPS: HK$0.34 (down from HK$0.44 in FY 2021). Revenue: HK$10.0b (down 3.7% from FY 2021). Net income: HK$164.7m (down 23% from FY 2021). Profit margin: 1.6% (down from 2.1% in FY 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Dec 28Investor sentiment improved over the past weekAfter last week's 18% share price gain to HK$2.29, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 6x in the Electronic industry in Hong Kong. Total returns to shareholders of 79% over the past three years.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Wei Xu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Sep 02Upcoming dividend of HK$0.04 per shareEligible shareholders must have bought the stock before 09 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 22% but the company is not cash flow positive. Trailing yield: 6.2%. Lower than top quartile of Hong Kong dividend payers (8.2%). Higher than average of industry peers (5.6%).
분석 기사 • Aug 28Smart-Core Holdings (HKG:2166) Is Due To Pay A Dividend Of HK$0.04Smart-Core Holdings Limited ( HKG:2166 ) has announced that it will pay a dividend of HK$0.04 per share on the 30th of...
Reported Earnings • Aug 27First half 2022 earnings released: EPS: HK$0.30 (vs HK$0.19 in 1H 2021)First half 2022 results: EPS: HK$0.30 (up from HK$0.19 in 1H 2021). Revenue: HK$5.66b (up 15% from 1H 2021). Net income: HK$145.2m (up 54% from 1H 2021). Profit margin: 2.6% (up from 1.9% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 60% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
공시 • Aug 26Smart-Core Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on September 30, 2022Smart-Core Holdings Limited announced Interim dividend of HKD 0.04 per share for the Six Months Ended 30 June 2022. Ex-dividend date is 12 September 2022. Record date is 16 September 2022. Payment date is 30 September 2022.
공시 • May 26Smart-Core Holdings Limited Approves Final Dividend for the Year Ended 31 December 2021Smart-Core Holdings Limited approved final dividend of HK 8 cents per share for the year ended 31 December 2021 at its annual general meeting held on May 25, 2022.
Upcoming Dividend • May 24Upcoming dividend of HK$0.08 per shareEligible shareholders must have bought the stock before 31 May 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 27% but the company is not cash flow positive. Trailing yield: 10%. Within top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (5.1%).
분석 기사 • May 19Smart-Core Holdings (HKG:2166) Has Announced That It Will Be Increasing Its Dividend To HK$0.08Smart-Core Holdings Limited's ( HKG:2166 ) dividend will be increasing to HK$0.08 on 24th of June. This will take the...
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non-Executive Director Wei Xu was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 03Full year 2021 earnings released: EPS: HK$0.44 (vs HK$0.14 in FY 2020)Full year 2021 results: EPS: HK$0.44 (up from HK$0.14 in FY 2020). Revenue: HK$10.4b (up 88% from FY 2020). Net income: HK$214.1m (up 202% from FY 2020). Profit margin: 2.1% (up from 1.3% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
공시 • Apr 01+ 1 more updateSmart-Core Holdings Limited, Annual General Meeting, May 25, 2022Smart-Core Holdings Limited, Annual General Meeting, May 25, 2022.
분석 기사 • Mar 04Estimating The Intrinsic Value Of Smart-Core Holdings Limited (HKG:2166)Does the March share price for Smart-Core Holdings Limited ( HKG:2166 ) reflect what it's really worth? Today, we will...
Executive Departure • Dec 06Executive Director Yan Qing has left the companyOn the 6th of December, Yan Qing's tenure as Executive Director ended after 2.7 years in the role. As of September 2021, Yan still personally held 1.23m shares (HK$1.6m worth at the time). Yan is the only executive to leave the company over the last 12 months.
Valuation Update With 7 Day Price Move • Oct 22Investor sentiment improved over the past weekAfter last week's 17% share price gain to HK$1.54, the stock trades at a trailing P/E ratio of 5.5x. Average trailing P/E is 9x in the Electronic industry in Hong Kong. Total returns to shareholders of 2.6% over the past three years.
분석 기사 • Oct 21Here's Why I Think Smart-Core Holdings (HKG:2166) Might Deserve Your Attention TodayLike a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Upcoming Dividend • Sep 07Upcoming dividend of HK$0.04 per shareEligible shareholders must have bought the stock before 14 September 2021. Payment date: 30 September 2021. Trailing yield: 5.1%. Lower than top quartile of Hong Kong dividend payers (6.5%). Higher than average of industry peers (2.8%).
분석 기사 • Aug 27Smart-Core Holdings' (HKG:2166) Dividend Will Be Increased To HK$0.04The board of Smart-Core Holdings Limited ( HKG:2166 ) has announced that it will be increasing its dividend on the 30th...
Reported Earnings • Aug 27First half 2021 earnings released: EPS HK$0.19 (vs HK$0.061 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$4.91b (up 131% from 1H 2020). Net income: HK$94.6m (up 217% from 1H 2020). Profit margin: 1.9% (up from 1.4% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Aug 12Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to HK$1.64, the stock trades at a trailing P/E ratio of 11.4x. Average trailing P/E is 11x in the Electronic industry in Hong Kong. Total returns to shareholders of 17% over the past three years.
분석 기사 • Jul 28Investors Could Be Concerned With Smart-Core Holdings' (HKG:2166) Returns On CapitalIf we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Valuation Update With 7 Day Price Move • Jul 28Investor sentiment improved over the past weekAfter last week's 23% share price gain to HK$1.82, the stock trades at a trailing P/E ratio of 12.6x. Average trailing P/E is 10x in the Electronic industry in Hong Kong. Total returns to shareholders of 30% over the past three years.
Valuation Update With 7 Day Price Move • Jun 29Investor sentiment improved over the past weekAfter last week's 18% share price gain to HK$1.57, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 11x in the Electronic industry in Hong Kong. Total returns to shareholders of 19% over the past three years.
공시 • May 27Smart-Core Holdings Limited Approves Final Dividend for the Year Ended 31 December 2020Smart-Core Holdings Limited announced that at the annual general meeting held on 26 May 2021 approved final dividend of 4 HK cents per share for the year ended 31 December 2020.
Upcoming Dividend • May 25Upcoming dividend of HK$0.04 per shareEligible shareholders must have bought the stock before 01 June 2021. Payment date: 25 June 2021. Trailing yield: 6.1%. Within top quartile of Hong Kong dividend payers (6.0%). Higher than average of industry peers (4.1%).