DB:27L

Stock Analysis Report

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Executive Summary

Sky Light Holdings Limited, an investment holding company, develops, manufactures, and distributes home surveillance cameras, 360-degree cameras, and other digital imaging products for the home surveillance camera industry.


Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

How has Sky Light Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 27L's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

28.1%

27L

2.0%

DE Consumer Durables

3.2%

DE Market


1 Year Return

-39.7%

27L

-16.3%

DE Consumer Durables

0.01%

DE Market

Return vs Industry: 27L underperformed the German Consumer Durables industry which returned -16.2% over the past year.

Return vs Market: 27L underperformed the German Market which returned 0.3% over the past year.


Shareholder returns

27LIndustryMarket
7 Day28.1%2.0%3.2%
30 Day-4.7%10.6%4.7%
90 Day-4.7%-1.2%-0.9%
1 Year-39.7%-39.7%-14.7%-16.3%1.7%0.01%
3 Year-90.3%-90.3%-15.9%-22.1%-6.8%-14.0%
5 Yearn/a12.8%-2.0%3.9%-9.5%

Price Volatility Vs. Market

How volatile is Sky Light Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Sky Light Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 27L (€0.02) is trading below our estimate of fair value (€0.12)

Significantly Below Fair Value: 27L is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 27L is unprofitable, so we can't compare its PE Ratio to the Consumer Durables industry average.

PE vs Market: 27L is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 27L's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 27L is good value based on its PB Ratio (0.9x) compared to the DE Consumer Durables industry average (1.4x).


Next Steps

Future Growth

How is Sky Light Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

18.1%

Forecasted Consumer Durables industry annual growth in earnings


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if 27L's forecast earnings growth is above the savings rate (0.2%).

Earnings vs Market: Insufficient data to determine if 27L's earnings are forecast to grow faster than the German market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if 27L's revenue is forecast to grow faster than the German market.

High Growth Revenue: Insufficient data to determine if 27L's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 27L's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Sky Light Holdings performed over the past 5 years?

-49.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 27L is currently unprofitable.

Growing Profit Margin: 27L is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 27L is unprofitable, and losses have increased over the past 5 years at a rate of -49.2% per year.

Accelerating Growth: Unable to compare 27L's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 27L is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Durables industry (-17.9%).


Return on Equity

High ROE: 27L has a negative Return on Equity (-30.9%), as it is currently unprofitable.


Next Steps

Financial Health

How is Sky Light Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 27L's short term assets (HK$352.3M) exceed its short term liabilities (HK$192.3M).

Long Term Liabilities: 27L's short term assets (HK$352.3M) exceed its long term liabilities (HK$34.0M).


Debt to Equity History and Analysis

Debt Level: 27L's debt to equity ratio (6.1%) is considered satisfactory.

Reducing Debt: 27L's debt to equity ratio has reduced from 75.2% to 6.1% over the past 5 years.

Debt Coverage: 27L's debt is well covered by operating cash flow (269.4%).

Interest Coverage: Insufficient data to determine if 27L's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Sky Light Holdings's current dividend yield, its reliability and sustainability?

23.53%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 27L's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 27L's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 27L's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 27L's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 27L is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 27L's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average board tenure


CEO

Terry Tang (60yo)

no data

Tenure

HK$902,000

Compensation

Mr. Wing Fong Tang, also known as Terry, is the Founder, General Manager and Chief Executive Officer at Sky Light Holdings Limited and has been its Chairman since December 18, 2013 and Executive Director s ...


CEO Compensation Analysis

Compensation vs Market: Terry's total compensation ($USD116.36K) is below average for companies of similar size in the German market ($USD417.67K).

Compensation vs Earnings: Terry's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Wing Fong Tang
Chairmanno dataHK$902.00k61.83% HK$17.6m
Yongbin Lu
CFO, Head of Finance Department5.17yrsHK$742.00k0.40% HK$115.4k
Yat Hong Tse
Independent Non-Executive Director2.42yrsHK$364.00kno data
Wah Keung Cheung
Independent Non-Executive Director4.92yrsHK$307.00kno data
Yongmou Wu
Non-Executive Director5.17yrsno data4.5% HK$1.3m
Kam Sau Tang
Non-Executive Director5.17yrsno data4.11% HK$1.2m
Tsu Ming Chan
Independent Non-Executive Director4.92yrsHK$307.00kno data

5.2yrs

Average Tenure

56yo

Average Age

Experienced Board: 27L's board of directors are considered experienced (5.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Sky Light Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sky Light Holdings Limited
  • Ticker: 27L
  • Exchange: DB
  • Founded: 2000
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: HK$242.949m
  • Listing Market Cap: HK$28.540m
  • Shares outstanding: 952.74m
  • Website: https://www.sky-light.com.hk

Number of Employees


Location

  • Sky Light Holdings Limited
  • No. 8 and 9 Building
  • Antuoshan High-tech Industrial Park
  • Shenzhen
  • Guangdong Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3882SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJul 2015
27LDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2015

Biography

Sky Light Holdings Limited, an investment holding company, develops, manufactures, and distributes home surveillance cameras, 360-degree cameras, and other digital imaging products for the home surveillance camera industry. The company operates in two segments, ODM/JDM and ION360. It offers digital imaging products, such as 360 VR, dash, body worn, and action cameras; and home imaging products, including smart IP cameras, video doorbells, and smart baby monitors, as well as facial recognition, baby sleep care, baby smile detection, and people detection and route tracking solutions. The company also provides joint design manufacturing (JDM) and original design manufacturing (ODM) solutions. It operates in Mainland China, the European Union, Hong Kong, and internationally. Sky Light Holdings Limited was founded in 2000 and is headquartered in Shenzhen, the People’s Republic of China. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/28 00:04
End of Day Share Price2020/05/27 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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