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Solomon Systech (International)

DB:RZF
Snowflake Description

Adequate balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
RZF
DB
HK$573M
Market Cap
  1. Home
  2. DE
  3. Semiconductors
Company description

Solomon Systech (International) Limited, an investment holding company, operates as a fabless semiconductor company worldwide. The last earnings update was 29 days ago. More info.


Add to Portfolio Compare Print
  • Solomon Systech (International) has significant price volatility in the past 3 months.
RZF Share Price and Events
7 Day Returns
6.3%
DB:RZF
-8.2%
DE Semiconductor
-2.3%
DE Market
1 Year Returns
-39.3%
DB:RZF
-31.4%
DE Semiconductor
-11.5%
DE Market
RZF Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Solomon Systech (International) (RZF) 6.3% -15% -26.1% -39.3% -37% -37%
DE Semiconductor -8.2% -20.4% -13.6% -31.4% 23.5% 54.7%
DE Market -2.3% -5.2% 0.8% -11.5% 5.6% 6.4%
1 Year Return vs Industry and Market
  • RZF underperformed the Semiconductor industry which returned -31.4% over the past year.
  • RZF underperformed the Market in Germany which returned -11.5% over the past year.
Price Volatility
RZF
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Solomon Systech (International) undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Solomon Systech (International). This is due to cash flow or dividend data being unavailable. The share price is €0.017.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Solomon Systech (International)'s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Solomon Systech (International)'s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:RZF PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $-0.01
SEHK:2878 Share Price ** SEHK (2019-05-24) in HKD HK$0.23
SEHK:2878 Share Price converted to USD reporting currency Exchange rate (HKD/ USD) 0.127 $0.03
Germany Semiconductor Industry PE Ratio Median Figure of 10 Publicly-Listed Semiconductor Companies 24.28x
Germany Market PE Ratio Median Figure of 421 Publicly-Listed Companies 20.16x

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

** Primary Listing of Solomon Systech (International).

DB:RZF PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:2878 Share Price ÷ EPS (both in USD)

= 0.03 ÷ -0.01

-5.34x

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

  • Solomon Systech (International) is loss making, we can't compare its value to the DE Semiconductor industry average.
  • Solomon Systech (International) is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Solomon Systech (International)'s expected growth come at a high price?
Raw Data
DB:RZF PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -5.34x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Germany Semiconductor Industry PEG Ratio Median Figure of 8 Publicly-Listed Semiconductor Companies 1.74x
Germany Market PEG Ratio Median Figure of 271 Publicly-Listed Companies 1.48x

*Line of best fit is calculated by linear regression .

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

  • Unable to calculate PEG ratio for Solomon Systech (International), we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Solomon Systech (International)'s assets?
Raw Data
DB:RZF PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.03
SEHK:2878 Share Price * SEHK (2019-05-24) in HKD HK$0.23
SEHK:2878 Share Price converted to USD reporting currency Exchange rate (HKD/ USD) 0.127 $0.03
Germany Semiconductor Industry PB Ratio Median Figure of 12 Publicly-Listed Semiconductor Companies 1.91x
Germany Market PB Ratio Median Figure of 576 Publicly-Listed Companies 1.75x
DB:RZF PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:2878 Share Price ÷ Book Value per Share (both in USD)

= 0.03 ÷ 0.03

0.93x

* Primary Listing of Solomon Systech (International).

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

  • Solomon Systech (International) is good value based on assets compared to the DE Semiconductor industry average.
X
Value checks
We assess Solomon Systech (International)'s value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Semiconductor industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Semiconductor industry average (and greater than 0)? (1 check)
  5. Solomon Systech (International) has a total score of 1/6, see the detailed checks below.

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

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

Future Performance

 How is Solomon Systech (International) expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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

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

Show me the analysis anyway

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

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
10.7%
Expected Semiconductor industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Solomon Systech (International) expected to grow at an attractive rate?
  • Unable to compare Solomon Systech (International)'s earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Solomon Systech (International)'s earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Solomon Systech (International)'s revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:RZF Future Growth Rates Data Sources
Data Point Source Value (per year)
Germany Semiconductor Industry Earnings Growth Rate Market Cap Weighted Average 10.7%
Germany Semiconductor Industry Revenue Growth Rate Market Cap Weighted Average 5.5%
Germany Market Earnings Growth Rate Market Cap Weighted Average 13.2%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:RZF Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:RZF Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:RZF Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 98 -27 -14
2018-09-30 94 -24 -12
2018-06-30 90 -22 -11
2018-03-31 86 -16 -11
2017-12-31 82 -10 -10
2017-09-30 78 -11 -8
2017-06-30 74 -11 -6
2017-03-31 71 -12 -7
2016-12-31 68 -13 -7
2016-09-30 69 -10 -10
2016-06-30 70 -8 -14
2016-03-31 71 -9 -10

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Solomon Systech (International) is high growth as no earnings estimate data is available.
  • Unable to determine if Solomon Systech (International) is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:RZF Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Solomon Systech (International) Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:RZF Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:RZF Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 -0.01
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 -0.01
2016-03-31 0.00

*GAAP earnings excluding extraordinary items.

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

Next steps:

  1. Examine Solomon Systech (International)'s financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Solomon Systech (International)'s future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Semiconductors companies here
  3. Solomon Systech (International)'s competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Solomon Systech (International)'s future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Solomon Systech (International) has a total score of 0/6, see the detailed checks below.

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

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

Past Performance

  How has Solomon Systech (International) performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Solomon Systech (International)'s growth in the last year to its industry (Semiconductor).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Solomon Systech (International) does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Solomon Systech (International)'s 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Solomon Systech (International)'s 1-year growth to the DE Semiconductor industry average as it is not currently profitable.
Earnings and Revenue History
Solomon Systech (International)'s revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Solomon Systech (International) Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:RZF Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 98.15 -13.68 17.20 31.48
2018-09-30 93.83 -12.30 16.72 33.16
2018-06-30 89.51 -10.92 16.25 34.83
2018-03-31 85.99 -10.58 15.67 34.68
2017-12-31 82.46 -10.23 15.10 34.53
2017-09-30 78.31 -8.18 14.74 31.14
2017-06-30 74.16 -6.12 14.37 27.75
2017-03-31 71.28 -6.53 14.64 24.42
2016-12-31 68.41 -6.93 14.90 21.09
2016-09-30 69.41 -10.30 14.52 20.64
2016-06-30 70.40 -13.68 14.13 20.18
2016-03-31 70.65 -10.06 13.01 19.84
2015-12-31 70.90 -6.44 11.89 19.51
2015-09-30 68.56 -3.56 11.65 18.62
2015-06-30 66.21 -0.68 11.42 17.73
2015-03-31 63.14 -1.84 11.24 17.01
2014-12-31 60.07 -3.01 11.07 16.29
2014-09-30 55.67 -1.98 11.01 15.44
2014-06-30 51.26 -0.95 10.95 14.60
2014-03-31 53.20 0.19 11.09 14.23
2013-12-31 55.15 1.33 11.22 13.85
2013-09-30 61.92 1.31 11.14 13.87
2013-06-30 68.70 1.28 11.06 13.89
2013-03-31 66.91 -0.05 11.21 14.05
2012-12-31 65.12 -1.37 11.36 14.20
2012-09-30 58.42 -7.80 12.09 15.07
2012-06-30 51.72 -14.24 12.81 15.95

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Solomon Systech (International) has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Solomon Systech (International) has efficiently used its assets last year compared to the DE Semiconductor industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Solomon Systech (International) improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Solomon Systech (International)'s performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Semiconductor industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Solomon Systech (International) has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

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

Health

 How is Solomon Systech (International)'s financial health and their level of debt?

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

The boxes below represent the relative size of what makes up Solomon Systech (International)'s finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Solomon Systech (International) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Solomon Systech (International)'s cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Solomon Systech (International)'s finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 423.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

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

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

All data from Solomon Systech (International) Company Filings, last reported 4 months ago.

DB:RZF Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 79.03 0.20 26.87
2018-09-30 79.03 0.20 26.87
2018-06-30 86.08 0.25 43.35
2018-03-31 86.08 0.25 43.35
2017-12-31 91.81 0.30 49.53
2017-09-30 91.81 0.30 49.53
2017-06-30 96.51 0.33 61.33
2017-03-31 96.51 0.33 61.33
2016-12-31 101.00 0.19 64.14
2016-09-30 101.00 0.19 64.14
2016-06-30 102.23 0.23 89.02
2016-03-31 102.23 0.23 89.02
2015-12-31 108.48 0.27 92.27
2015-09-30 108.48 0.27 92.27
2015-06-30 116.16 0.33 91.49
2015-03-31 116.16 0.33 91.49
2014-12-31 115.26 0.38 93.71
2014-09-30 115.26 0.38 93.71
2014-06-30 116.45 0.44 96.60
2014-03-31 116.45 0.44 96.60
2013-12-31 117.84 0.50 96.35
2013-09-30 117.84 0.50 96.35
2013-06-30 116.83 0.55 101.96
2013-03-31 116.83 0.55 101.96
2012-12-31 115.95 0.60 103.97
2012-09-30 115.95 0.60 103.97
2012-06-30 115.52 0.63 96.58
  • Solomon Systech (International)'s level of debt (0.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (0.4% vs 0.3% today).
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Solomon Systech (International) has less than a year of cash runway based on current free cash flow.
  • Solomon Systech (International) has less than a year of cash runway if free cash flow continues to grow at historical rates of 22.2% each year.
X
Financial health checks
We assess Solomon Systech (International)'s financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Solomon Systech (International) has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


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

Dividends

 What is Solomon Systech (International)'s current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Solomon Systech (International) dividends.
If you bought €2,000 of Solomon Systech (International) shares you are expected to receive €0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Solomon Systech (International)'s dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Solomon Systech (International)'s dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:RZF Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Semiconductor Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2.2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3.2%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:RZF Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
DB:RZF Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2011-09-07 0.000 0.000
2011-08-18 0.000 0.000
2011-03-24 0.000 0.000
2010-04-20 0.001 1.910

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

  • Unable to perform a dividend volatility check as Solomon Systech (International) has not reported any payouts.
  • Unable to verify if Solomon Systech (International)'s dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Solomon Systech (International)'s earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Solomon Systech (International) has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Solomon Systech (International)'s dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Solomon Systech (International) afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Solomon Systech (International) has a total score of 0/6, see the detailed checks below.


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

Management

 What is the CEO of Solomon Systech (International)'s salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Raymond Wang
AGE 52
TENURE AS CEO 0.2 years
CEO Bio

Mr. Wah Chi Wang, also known as Raymond, has been an Acting Chief Executive Officer of Solomon Systech (International) Ltd since March 14, 2019 and its Executive Director since March 20, 2019. Mr. Wang has been Corporate Vice President and Head of Advanced Display Business Unit at Solomon Systech (International) Limited since November 18, 2016. Mr. Wang served as a Vice President of Business Operations at Solomon Systech (International) Limited until November 18, 2016 and served as its Director of Business Operations. Mr. Wang joined solomon systech Limited in 2006. He graduated from the City University of Hong Kong with a bachelor’s degree in electronic engineering. He received a master of business administration degree from the Victoria University of Wellington and a master of arts degree from the Chinese University of Hong Kong.

CEO Compensation
  • Insufficient data for Raymond to compare compensation growth.
  • Insufficient data for Raymond to establish whether their remuneration is reasonable compared to companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Solomon Systech (International) management team in years:

2.2
Average Tenure
55
Average Age
  • The tenure for the Solomon Systech (International) management team is about average.
Management Team

Wai Ming Lo

TITLE
Corporate VP
COMPENSATION
$210K
AGE
55
TENURE
20.3 yrs

Raymond Wang

TITLE
Acting CEO
AGE
52
TENURE
0.2 yrs

Humphrey Leung

TITLE
Founder & Chairman Emeritus
COMPENSATION
$196K
AGE
61

Thomas Ng

TITLE
VP of Finance & Company Secretary
AGE
55
TENURE
2.2 yrs

Jessica Lee

TITLE
Senior Corporate Communications Manager

Mabel Lo

TITLE
Human Resources Director
AGE
53
Board of Directors Tenure

Average tenure and age of the Solomon Systech (International) board of directors in years:

2.9
Average Tenure
53
Average Age
  • The average tenure for the Solomon Systech (International) board of directors is less than 3 years, this suggests a new board.
Board of Directors

Rongxin Li

TITLE
Chairman
COMPENSATION
$1,000
AGE
47
TENURE
2.9 yrs

Wai Ming Lo

TITLE
Corporate VP
COMPENSATION
$210K
AGE
55
TENURE
2.9 yrs

Raymond Wang

TITLE
Acting CEO
AGE
52
TENURE
0.2 yrs

Humphrey Leung

TITLE
Founder & Chairman Emeritus
COMPENSATION
$196K
AGE
61
TENURE
2.9 yrs

Wei Fu Sheu

TITLE
Independent Non-Executive Director
COMPENSATION
$39K
AGE
48
TENURE
4.6 yrs

Joseph Yiu

TITLE
Independent Non-Executive Director
COMPENSATION
$44K
AGE
68
TENURE
7.8 yrs

Alvin Leung

TITLE
Independent Non-Executive Director
COMPENSATION
$43K
AGE
54
TENURE
4.6 yrs

Jun Li

TITLE
Non-Executive Director
COMPENSATION
$1,000
AGE
42
TENURE
4.6 yrs

Yuchuan Ma

TITLE
Non-executive Director
AGE
53
TENURE
1.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Solomon Systech (International)'s management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Solomon Systech (International) has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


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

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

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

News

Simply Wall St News

Company Info

Description

Solomon Systech (International) Limited, an investment holding company, operates as a fabless semiconductor company worldwide. It primarily designs, develops, and sells integrated circuit (IC) products and system solutions. It provides advanced display products, such as organic light emitting diode (OLED), bistable, and OLED lighting driver ICs; and mobile and large display driver ICs. The company’s displays are used for smartphones, tablets, smart TVs/monitors, notebooks, and other smart devices, including wearables, healthcare devices, and smart home devices, as well as industrial appliances, etc. It is also involved in the market research activities; and design, development, and distribution of handset solutions. Solomon Systech (International) Limited was founded in 1999 and is headquartered in Shatin, Hong Kong.

Details
Name: Solomon Systech (International) Limited
RZF
Exchange: DB
Founded: 1999
HK$65,123,213
2,480,252,351
Website: http://www.solomon-systech.com
Address: Solomon Systech (International) Limited
No.3 Science Park East Avenue,
6th Floor,
Shatin,
New Territories, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 2878 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 08. Apr 2004
DB RZF Ordinary Shares Deutsche Boerse AG DE EUR 08. Apr 2004
Number of employees
Current staff
Staff numbers
409
Solomon Systech (International) employees.
Industry
Semiconductors
Semiconductors
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/25 20:34
End of day share price update: 2019/05/24 00:00
Last estimates confirmation: 2018/03/13
Last earnings filing: 2019/04/26
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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

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