AAC Technologies Holdings Inc., an investment holding company, provides miniaturized technology components to the consumer electronics industry worldwide.
Excellent balance sheet with reasonable growth potential and pays a dividend.
Share Price & News
How has AAC Technologies Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: A2XN's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: A2XN exceeded the German Electronic industry which returned -5.2% over the past year.
Return vs Market: A2XN exceeded the German Market which returned 2.9% over the past year.
Price Volatility Vs. Market
How volatile is AAC Technologies Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is AAC Technologies Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: A2XN (€6.29) is trading above our estimate of fair value (€5.87)
Significantly Below Fair Value: A2XN is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: A2XN is good value based on its PE Ratio (23.7x) compared to the Electronic industry average (24.9x).
PE vs Market: A2XN is poor value based on its PE Ratio (23.7x) compared to the German market (19.9x).
Price to Earnings Growth Ratio
PEG Ratio: A2XN is poor value based on its PEG Ratio (1x)
Price to Book Ratio
PB vs Industry: A2XN is overvalued based on its PB Ratio (3.2x) compared to the DE Electronic industry average (1.7x).
How is AAC Technologies Holdings forecast to perform in the next 1 to 3 years based on estimates from 28 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: A2XN's forecast earnings growth (23.5% per year) is above the savings rate (-0.4%).
Earnings vs Market: A2XN's earnings (23.5% per year) are forecast to grow faster than the German market (13.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: A2XN's revenue (14.5% per year) is forecast to grow faster than the German market (5.1% per year).
High Growth Revenue: A2XN's revenue (14.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: A2XN's Return on Equity is forecast to be low in 3 years time (15.8%).
How has AAC Technologies Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: A2XN has high quality earnings.
Growing Profit Margin: A2XN's current net profit margins (14.4%) are lower than last year (22.4%).
Past Earnings Growth Analysis
Earnings Trend: A2XN's earnings have grown by 8.7% per year over the past 5 years.
Accelerating Growth: A2XN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: A2XN had negative earnings growth (-45.3%) over the past year, making it difficult to compare to the Electronic industry average (-3.9%).
Return on Equity
High ROE: A2XN's Return on Equity (13.7%) is considered low.
Return on Assets
Return on Capital Employed
How is AAC Technologies Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: A2XN's short term assets (CN¥10.7B) exceed its short term liabilities (CN¥6.7B).
Long Term Liabilities: A2XN's short term assets (CN¥10.7B) exceed its long term liabilities (CN¥4.0B).
Debt to Equity History and Analysis
Debt Level: A2XN's debt to equity ratio (33%) is considered satisfactory.
Reducing Debt: A2XN's debt to equity ratio has increased from 13.7% to 33% over the past 5 years.
Debt Coverage: A2XN's debt is well covered by operating cash flow (79%).
Interest Coverage: A2XN's interest payments on its debt are well covered by EBIT (14.5x coverage).
Inventory Level: A2XN has a high level of physical assets or inventory.
Debt Coverage by Assets: A2XN's debt is covered by short term assets (assets are 1.8x debt).
What is AAC Technologies Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: A2XN's dividend (2.57%) is higher than the bottom 25% of dividend payers in the German market (1.52%).
High Dividend: A2XN's dividend (2.57%) is low compared to the top 25% of dividend payers in the German market (3.92%).
Stability and Growth of Payments
Stable Dividend: A2XN's dividend payments have been volatile in the past 10 years.
Growing Dividend: A2XN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (61.4%), A2XN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: A2XN's dividends in 3 years are forecast to be well covered by earnings (40.7% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Benjamin Pan (50yo)
Mr. Zhengmin Pan, also known as Benjamin, serves as Chief Executive Officer and Executive Director of AAC Technologies Holdings Inc. Mr. Pan co-founded AAC Technologies Group in 1993. He is responsible for ...
CEO Compensation Analysis
Compensation vs Market: Benjamin's total compensation ($USD647.58K) is below average for companies of similar size in the German market ($USD3.74M).
Compensation vs Earnings: Benjamin's compensation has been consistent with company performance over the past year.
|Executive Director||14.8yrs||CN¥7.99m||0.0083% CN¥595.3k|
|Chief Operating Officer||5.3yrs||no data||no data|
|Human Resources & Administrational Director||0yrs||no data||no data|
|Head of Investor Relations||0yrs||no data||no data|
|Chief Strategy Officer||10yrs||no data||no data|
|Chief Innovation Officer||0.5yrs||no data||no data|
|Company Secretary||0yrs||no data||no data|
Experienced Management: A2XN's management team is seasoned and experienced (5.3 years average tenure).
|Executive Director||14.8yrs||CN¥7.99m||0.0083% CN¥595.3k|
|Independent Non-Executive Director||2yrs||CN¥481.00k||no data|
|Independent Chairman of the Board||0yrs||CN¥1.06m||0.066% CN¥4.7m|
|Independent Non-Executive Director||10.3yrs||CN¥698.00k||no data|
|Non-Executive Director||16.2yrs||CN¥466.00k||21.75% CN¥1.6b|
|Independent Non Executive Director||1.1yrs||no data||0.0083% CN¥595.3k|
|Independent Non-Executive Director||2yrs||CN¥579.00k||no data|
|Independent Non Executive Director||1.1yrs||no data||no data|
Experienced Board: A2XN's board of directors are considered experienced (6.2 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AAC Technologies Holdings Inc.'s company bio, employee growth, exchange listings and data sources
- Name: AAC Technologies Holdings Inc.
- Ticker: A2XN
- Exchange: DB
- Founded: 1993
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: HK$61.694b
- Listing Market Cap: HK$7.198b
- Shares outstanding: 1.21b
- Website: https://www.aactechnologies.com
Number of Employees
- AAC Technologies Holdings Inc.
- Nanjing University Research Centre Shenzhen Branch
- Block A
- Guangdong Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2018||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Aug 2005|
|AACA.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Aug 2005|
|A2XN||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Aug 2005|
|2018||SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Aug 2005|
|2018||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Aug 2005|
|AACA.Y||OTCPK (Pink Sheets LLC)||UNSPONSORED ADR||US||USD||Oct 2008|
AAC Technologies Holdings Inc., an investment holding company, provides miniaturized technology components to the consumer electronics industry worldwide. The company operates through Dynamic Components, electromagnetic drives and precision components, Micro Electro-Mechanical System Components, and Other Products segments. It researches, develops, manufactures, and sells acoustic products, electronic components, tooling and precision components, and electronics related accessories and components; and offers electroplating services. Its products include miniature speaker modules, receivers, and speakers; optics, RF antennas traditional microphones, and headsets; and LDS antenna. The company’s products are used in smartphones. The company was formerly known as AAC Acoustic Technologies Holdings Inc. and changed its name to AAC Technologies Holdings Inc. in May 2011. AAC Technologies Holdings Inc. was founded in 1993 and is headquartered in Shenzhen, China.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 21:20|
|End of Day Share Price||2020/02/28 00:00|
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.