China TechFaith Wireless Communication Technology Limited engages in the original design and development of specialized mobile handsets for consumers and enterprises in the People's Republic of China and internationally.
Mediocre balance sheet and overvalued.
Share Price & News
How has China TechFaith Wireless Communication Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CW31 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CW31 underperformed the German Tech industry which returned 23.8% over the past year.
Return vs Market: CW31 underperformed the German Market which returned 17.1% over the past year.
Price Volatility Vs. Market
How volatile is China TechFaith Wireless Communication Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is China TechFaith Wireless Communication Technology undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate CW31's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate CW31's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: CW31 is unprofitable, so we can't compare its PE Ratio to the Tech industry average.
PE vs Market: CW31 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 CW31's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: CW31 is good value based on its PB Ratio (0x) compared to the XE Tech industry average (1.5x).
How is China TechFaith Wireless Communication Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech industry annual growth in earnings
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 China TechFaith Wireless Communication Technology 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 SimplyWall St do have past financial data.
- Take a look at our analysis of CW31’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- China TechFaith Wireless Communication Technology competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has China TechFaith Wireless Communication Technology performed over the past 5 years?
Last years earnings growth
Earnings and Revenue History
Quality Earnings: CW31 is currently unprofitable.
Growing Profit Margin: CW31 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if CW31's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: Unable to compare CW31's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: CW31 is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (-4.2%).
Return on Equity
High ROE: CW31 has a negative Return on Equity (-30.72%), as it is currently unprofitable.
How is China TechFaith Wireless Communication Technology's financial position?
Financial Position Analysis
Short Term Liabilities: CW31's short term assets ($85.1M) exceed its short term liabilities ($57.5M).
Long Term Liabilities: CW31's short term assets ($85.1M) exceed its long term liabilities ($11.5M).
Debt to Equity History and Analysis
Debt Level: CW31's debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: CW31's debt to equity ratio has increased from 4.6% to 6.8% over the past 5 years.
Inventory Level: CW31 has a low level of unsold assets or inventory.
Debt Coverage by Assets: CW31's debt is covered by short term assets (assets are 7.4x debt).
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.
Stable Cash Runway: Insufficient data to determine if CW31 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CW31 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is China TechFaith Wireless Communication Technology's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate CW31's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate CW31's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if CW31's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if CW31's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of CW31's dividend in 3 years as they are not forecast to pay a notable one for the German market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Deyou Dong (45yo)
Mr. Deyou Dong has been the Chief Executive Officer of China Techfaith Wireless Communication Technology Limited since May 2015 and has been its Chief Operating Officer since August 2009. Mr. Dong has been ...
|Chairman||4.42yrs||no data||32% $366.3k|
|CTO & Director||2.92yrs||no data||no data|
|Independent Director||0.42yr||no data||no data|
|Independent Director||3.92yrs||no data||no data|
|Independent Director||0.42yr||no data||no data|
Experienced Board: CW31's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
China TechFaith Wireless Communication Technology Limited's company bio, employee growth, exchange listings and data sources
- Name: China TechFaith Wireless Communication Technology Limited
- Ticker: CW31
- Exchange: DB
- Founded: 2002
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: US$1.270m
- Listing Market Cap: US$1.145m
- Shares outstanding: 10.59m
- Website: https://www.techfaithwireless.com
Number of Employees
- China TechFaith Wireless Communication Technology Limited
- MFOX Plaza Tower D
- Beijing Economic-Technological Development Area
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CNTF.Y||OTCPK (Pink Sheets LLC)||Yes||SPON ADR EA REP 75 ORD SHS (POST SPLIT)||US||USD||May 2005|
|CW31||DB (Deutsche Boerse AG)||Yes||SPON ADR EA REP 75 ORD SHS (POST SPLIT)||DE||EUR||May 2005|
China TechFaith Wireless Communication Technology Limited engages in the original design and development of specialized mobile handsets for consumers and enterprises in the People's Republic of China and internationally. It operates through Mobile Phone Business and Real Estate segments. The company offers handset design services through outsourcing of EMS providers who engage in assembly and manufacturing operations; and offer testing services of the assembled printed circuit boards, systems, and subsystems for Chinese mobile handset brand owners and international mobile handset brand owners. It also provides feature phones, smart phones, ruggedized phones, wireless modules, smart pads, and wireless software and applications, as well as other electronic components, such as industrial wireless devices. In addition, the company sells mobile handset products under the Tecface, 17FOX, and MOBIFOX brands. Further, it owns, develops, operates, and manages commercial real estate properties. The company was founded in 2002 and is headquartered in Beijing, the People's Republic of China.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2019/10/28 20:50|
|End of Day Share Price||2019/07/31 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.