DB:JTI

Stock Analysis Report

Ju Teng International Holdings

Executive Summary

Ju Teng International Holdings Limited, an investment holding company, manufactures and sells casings for notebook computer, TV, handheld devices, and customized products in the People’s Republic of China, the Republic of China, and internationally.


Snowflake Analysis

Very undervalued with reasonable growth potential and pays a dividend.


Similar Companies

Share Price & News

How has Ju Teng International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-3.0%

JTI

-5.9%

DE Electronic

-6.8%

DE Market


1 Year Return

-16.5%

JTI

0.7%

DE Electronic

6.5%

DE Market

Return vs Industry: JTI underperformed the German Electronic industry which returned -0.6% over the past year.

Return vs Market: JTI underperformed the German Market which returned 6.1% over the past year.


Shareholder returns

JTIIndustryMarket
7 Day-3.0%-5.9%-6.8%
30 Day-6.8%4.7%-3.7%
90 Day-11.1%1.6%-3.6%
1 Year-11.8%-16.5%2.9%0.7%9.8%6.5%
3 Year-34.7%-43.9%36.2%31.7%6.8%-2.6%
5 Year-53.3%-63.1%104.2%89.4%12.5%-2.9%

Price Volatility Vs. Market

How volatile is Ju Teng International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Ju Teng International 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: JTI (€0.19) is trading below our estimate of fair value (€0.63)

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


Price To Earnings Ratio

PE vs Industry: JTI is good value based on its PE Ratio (6.8x) compared to the Electronic industry average (26x).

PE vs Market: JTI is good value based on its PE Ratio (6.8x) compared to the German market (20.2x).


Price to Earnings Growth Ratio

PEG Ratio: JTI is good value based on its PEG Ratio (0.2x)


Price to Book Ratio

PB vs Industry: JTI is good value based on its PB Ratio (0.3x) compared to the DE Electronic industry average (1.8x).


Next Steps

Future Growth

How is Ju Teng International Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

35.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: JTI's forecast earnings growth (35.9% per year) is above the savings rate (-0.4%).

Earnings vs Market: JTI's earnings (35.9% per year) are forecast to grow faster than the German market (13% per year).

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

Revenue vs Market: JTI's revenue (8.1% per year) is forecast to grow faster than the German market (5.1% per year).

High Growth Revenue: JTI's revenue (8.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has Ju Teng International Holdings performed over the past 5 years?

-40.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JTI has high quality earnings.

Growing Profit Margin: JTI became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: JTI's earnings have declined by -40.1% per year over the past 5 years.

Accelerating Growth: JTI has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: JTI has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (-3.9%).


Return on Equity

High ROE: JTI's Return on Equity (4.2%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Ju Teng International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: JTI's short term assets (HK$5.6B) exceed its short term liabilities (HK$5.4B).

Long Term Liabilities: JTI's short term assets (HK$5.6B) exceed its long term liabilities (HK$987.1M).


Debt to Equity History and Analysis

Debt Level: JTI's debt to equity ratio (51.7%) is considered high.

Reducing Debt: JTI's debt to equity ratio has reduced from 67.2% to 51.7% over the past 5 years.

Debt Coverage: JTI's debt is well covered by operating cash flow (35.2%).

Interest Coverage: JTI's interest payments on its debt are not well covered by EBIT (2.9x coverage).


Balance Sheet

Inventory Level: JTI has a high level of physical assets or inventory.

Debt Coverage by Assets: JTI's debt is covered by short term assets (assets are 1.5x debt).


Next Steps

Dividend

What is Ju Teng International Holdings's current dividend yield, its reliability and sustainability?

5.71%

Current Dividend Yield


Dividend Yield vs Market

company5.7%marketbottom25%1.5%markettop25%3.8%industryaverage1.3%forecastin3Years5.7%

Current dividend yield vs market & industry

Notable Dividend: JTI's dividend (5.71%) is higher than the bottom 25% of dividend payers in the German market (1.43%).

High Dividend: JTI's dividend (5.71%) is in the top 25% of dividend payers in the German market (3.8%)


Stability and Growth of Payments

Stable Dividend: JTI's dividend payments have been volatile in the past 10 years.

Growing Dividend: JTI's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (38.7%), JTI's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

2.9yrs

Average management tenure


CEO

Hui-Chin Chiu (65yo)

2.9yrs

Tenure

HK$4,881,000

Compensation

Mr. Chiu Hui-Chin has been Chief Executive Officer and Executive Director of Ju Teng International Holdings Limited since March 1, 2017 and is responsible for overall operation management of the Group. Mr. ...


CEO Compensation Analysis

Compensation vs Market: Hui-Chin's total compensation ($USD626.26K) is about average for companies of similar size in the German market ($USD627.72K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Hui-Chin Chiu
CEO & Executive Director2.9yrsHK$4.88m0.59% HK$1.1m
Yung Kwok Tsui
CFO of Group & Executive Director14.7yrsHK$2.11m0.69% HK$1.3m
Kuo-Kuang Huang
Executive Director14.7yrsHK$1.73m1.12% HK$2.1m
Feng-Chieh Lin
VP & Executive Director2.9yrsHK$3.07m0.14% HK$252.7k
Li-Yu Cheng
Co-Founder & Executive Chairman0yrsHK$136.00k3.01% HK$5.6m
Li-Yen Cheng
Co-Founder0yrsHK$736.00kno data
Lai Yin Cheung
Company Secretary1.1yrsno datano data

2.9yrs

Average Tenure

61yo

Average Age

Experienced Management: JTI's management team is considered experienced (2.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Hui-Chin Chiu
CEO & Executive Director2.9yrsHK$4.88m0.59% HK$1.1m
Yung Kwok Tsui
CFO of Group & Executive Director14.7yrsHK$2.11m0.69% HK$1.3m
Kuo-Kuang Huang
Executive Director14.7yrsHK$1.73m1.12% HK$2.1m
Feng-Chieh Lin
VP & Executive Director2.9yrsHK$3.07m0.14% HK$252.7k
Li-Yu Cheng
Co-Founder & Executive Chairman0yrsHK$136.00k3.01% HK$5.6m
Wai Ming Yip
Independent Non Executive Director13.8yrsHK$354.00k0.028% HK$51.2k
Wen-Yu Tsai
Independent Non Executive Director14.7yrsHK$354.00k0.020% HK$36.3k
Chia-Jiun Cherng
Independent Non Executive Director11.6yrsHK$354.00k0.023% HK$43.4k

13.8yrs

Average Tenure

61yo

Average Age

Experienced Board: JTI's board of directors are seasoned and experienced ( 13.8 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

Ju Teng International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ju Teng International Holdings Limited
  • Ticker: JTI
  • Exchange: DB
  • Founded: 2000
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Market Cap: HK$1.571b
  • Listing Market Cap: HK$185.354m
  • Shares outstanding: 897.97m
  • Website: https://www.juteng.com.hk

Number of Employees


Location

  • Ju Teng International Holdings Limited
  • Jardine House
  • 33rd Floor
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
3336SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 2005
JTIDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 2005
9136TSEC (Taiwan Stock Exchange)TDR EACH REP 1 SHSTWTWDJun 2009

Biography

Ju Teng International Holdings Limited, an investment holding company, manufactures and sells casings for notebook computer, TV, handheld devices, and customized products in the People’s Republic of China, the Republic of China, and internationally. The company is involved in mold development, plastic injection, metal stamping, die-casting/thixo-molding, CNC machining, composite casing, and surface coating and assembly activities. It also manufactures and sells molds and materials; sells computer equipment and peripherals, and casings related materials; and provides general administrative and support services. The company serves notebook computer manufacturers and brand owners. Ju Teng International Holdings Limited was founded in 2000 and is headquartered in Central, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 21:57
End of Day Share Price2020/02/26 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.