DB:P0A

Stock Analysis Report

PanAsialum Holdings

Executive Summary

PanAsialum Holdings Company Limited, an investment holding company, manufactures and trades in aluminum products.

Risk Analysis

Earnings have declined by -7.36% per year over past 5 years

Has less than 1 year of cash runway

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

+ 1 more risk


Snowflake Analysis

Overvalued with worrying balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: P0A's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

2.8%

P0A

9.4%

DE Electronic

1.7%

DE Market


1 Year Return

-47.9%

P0A

13.9%

DE Electronic

15.0%

DE Market

Return vs Industry: P0A underperformed the German Electronic industry which returned 13.9% over the past year.

Return vs Market: P0A underperformed the German Market which returned 15% over the past year.


Shareholder returns

P0AIndustryMarket
7 Day2.8%9.4%1.7%
30 Day5.8%8.4%0.8%
90 Day-19.8%7.4%3.7%
1 Year-47.9%-47.9%16.4%13.9%18.5%15.0%
3 Yearn/a55.2%50.0%17.1%6.9%
5 Year-54.9%-54.9%122.9%106.8%24.3%7.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.88x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate P0A's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate P0A's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: P0A is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: P0A 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 P0A's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: P0A is good value based on its PB Ratio (0.9x) compared to the DE Electronic industry average (1.8x).


Next Steps

Future Growth

How is PanAsialum Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

16.4%

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 PanAsialum Holdings 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.


Next Steps

Past Performance

How has PanAsialum Holdings performed over the past 5 years?

-7.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: P0A is currently unprofitable.

Growing Profit Margin: P0A is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: P0A is unprofitable, and losses have increased over the past 5 years at a rate of -7.4% per year.

Accelerating Growth: Unable to compare P0A's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: P0A is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-3.9%).


Return on Equity

High ROE: P0A has a negative Return on Equity (-59.98%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is PanAsialum Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: P0A's short term assets (HK$907.4M) do not cover its short term liabilities (HK$1.2B).

Long Term Liabilities: P0A's short term assets (HK$907.4M) exceed its long term liabilities (HK$562.4M).


Debt to Equity History and Analysis

Debt Level: P0A's debt to equity ratio (254.2%) is considered high.

Reducing Debt: P0A's debt to equity ratio has increased from 26.9% to 254.2% over the past 5 years.


Balance Sheet

Inventory Level: P0A has a high level of physical assets or inventory.

Debt Coverage by Assets: P0A's debt is not covered by short term assets (assets are 0.7x 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: P0A has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: P0A has less than a year of cash runway if free cash flow continues to reduce at historical rates of -6.1% each year


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%1.3%markettop25%3.6%industryaverage1.2%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate P0A's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate P0A'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 P0A's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if P0A's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: P0A is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of P0A'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?

0.5yrs

Average management tenure


CEO

Li Jiewen (54yo)

0.5yrs

Tenure

HK$3,067,819

Compensation

Ms. Li Jiewen, CPA serves as Executive Director at PanAsialum Holdings Company Limited since November 06, 2018 and its Chief Executive Officer since August 2, 2019. She was Joint Chief Executive Officer at ...


CEO Compensation Analysis

Compensation vs Market: Li's total compensation ($USD394.98K) is about average for companies of similar size in the German market ($USD412.37K).

Compensation vs Earnings: Insufficient data to compare Li's compensation with company performance.


Leadership Team

NamePositionTenureCompensationOwnership
Li Jiewen
CEO & Executive Director0.5yrsHK$3.07mno data
Gao Mingjie
Deputy GM of China Region & Executive Director0.5yrsno datano data
Ka Huen Kwok
Company Secretary2.3yrsno datano data

0.5yrs

Average Tenure

Experienced Management: P0A's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Li Jiewen
CEO & Executive Director0.5yrsHK$3.07mno data
Gao Mingjie
Deputy GM of China Region & Executive Director0.5yrsno datano data
Selwyn Mar
Independent Non-Executive Director3yrsHK$600.00kno data
Wah Keung Cheung
Independent Non-Executive Chairman0.5yrsHK$466.00kno data
Kai Nang Chan
Independent Non-Executive Director0.08yrsHK$39.00kno data
Ka Tin Leung
Independent Non-Executive Director3yrsHK$600.00kno data

0.9yrs

Average Tenure

61.5yo

Average Age

Experienced Board: P0A's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


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.


Ownership Breakdown

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


Top Shareholders

Company Information

PanAsialum Holdings Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PanAsialum Holdings Company Limited
  • Ticker: P0A
  • Exchange: DB
  • Founded: 1997
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: HK$468.000m
  • Listing Market Cap: HK$55.573m
  • Shares outstanding: 1.20b
  • Website: https://www.palum.com

Number of Employees


Location

  • PanAsialum Holdings Company Limited
  • Nanyang Plaza
  • Unit 05, 17th Floor
  • Kwun Tong
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2078SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDFeb 2013
P0ADB (Deutsche Boerse AG)YesOrdinary SharesDEEURFeb 2013

Biography

PanAsialum Holdings Company Limited, an investment holding company, manufactures and trades in aluminum products. It operates through three segments: Electronics Parts, Construction and Industrial Products, and Branded OPLV Products. The Electronics Parts segment offers aluminum parts for consumer electronic products, including unibody chassis for multimedia tablets and laptop computers; and heat sinks for personal computers or other electronic devices. The Construction and Industrial Products segment provides components and materials used for exterior and interior architectural decoration and furnishings; and parts and components used in various other industries. Its products comprise window and door frames, curtain walls, guardrails, and body parts for transportation, mechanical and electrical equipment, and consumer durable goods. The Branded OPLV Products segment provides mid-to-high end integrated aluminum door and window systems primarily for end-customers through distributors under the OPLV brand through its distributors. The company also provides aluminum paste and foil products, as well as aluminum alloy plates, sheets, and coils. In addition, it offers vehicle lease services. The company has operations in the People's Republic of China, Australia, North America, Honk Kong, and internationally. PanAsialum Holdings Company Limited was founded in 1997 and is headquartered in Kwun Tong, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/16 22:08
End of Day Share Price2020/02/14 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.