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1760

Intron Technology Holdings SEHK:1760 Stock Report

Last Price

HK$4.36

Market Cap

HK$4.7b

7D

-17.6%

1Y

3.8%

Updated

23 Sep, 2022

Data

Company Financials +
1760 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance4/6
Financial Health4/6
Dividends0/6

1760 Stock Overview

Intron Technology Holdings Limited, an investment holding company, operates as an automotive electronics solutions provider in Hong Kong, Mainland China, and internationally.

Intron Technology Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Intron Technology Holdings
Historical stock prices
Current Share PriceHK$4.36
52 Week HighHK$7.55
52 Week LowHK$2.59
Beta-0.30
1 Month Change-26.10%
3 Month Change-18.51%
1 Year Change3.81%
3 Year Change35.40%
5 Year Changen/a
Change since IPO50.35%

Recent News & Updates

Sep 11
If EPS Growth Is Important To You, Intron Technology Holdings (HKG:1760) Presents An Opportunity

If EPS Growth Is Important To You, Intron Technology Holdings (HKG:1760) Presents An Opportunity

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...

Aug 27
Some Investors May Be Worried About Intron Technology Holdings' (HKG:1760) Returns On Capital

Some Investors May Be Worried About Intron Technology Holdings' (HKG:1760) Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Shareholder Returns

1760HK Auto ComponentsHK Market
7D-17.6%-7.0%-3.4%
1Y3.8%-27.9%-25.0%

Return vs Industry: 1760 exceeded the Hong Kong Auto Components industry which returned -25.6% over the past year.

Return vs Market: 1760 exceeded the Hong Kong Market which returned -24.5% over the past year.

Price Volatility

Is 1760's price volatile compared to industry and market?
1760 volatility
1760 Average Weekly Movement8.6%
Auto Components Industry Average Movement8.2%
Market Average Movement6.3%
10% most volatile stocks in HK Market12.7%
10% least volatile stocks in HK Market3.1%

Stable Share Price: 1760 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 1760's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
20011,171Wing Ming Lukhttps://www.intron-tech.com

Intron Technology Holdings Limited, an investment holding company, operates as an automotive electronics solutions provider in Hong Kong, Mainland China, and internationally. It focuses on developing automotive component engineering solutions for key automotive manufacturers. The company researches, develops, and sells renewable electronic, automotive, and other electronic components; and provides import and export customs declaration agency services.

Intron Technology Holdings Fundamentals Summary

How do Intron Technology Holdings's earnings and revenue compare to its market cap?
1760 fundamental statistics
Market CapHK$4.74b
Earnings (TTM)HK$321.30m
Revenue (TTM)HK$4.36b

14.7x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1760 income statement (TTM)
RevenueCN¥3.93b
Cost of RevenueCN¥3.11b
Gross ProfitCN¥819.71m
Other ExpensesCN¥529.99m
EarningsCN¥289.73m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.27
Gross Margin20.85%
Net Profit Margin7.37%
Debt/Equity Ratio34.6%

How did 1760 perform over the long term?

See historical performance and comparison

Dividends

1.4%

Current Dividend Yield

21%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is 1760 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1760?

Other financial metrics that can be useful for relative valuation.

1760 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.1x
Enterprise Value/EBITDA11.9x
PEG Ratio1.4x

Price to Earnings Ratio vs Peers

How does 1760's PE Ratio compare to its peers?

1760 PE Ratio vs Peers
The above table shows the PE ratio for 1760 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average27.6x
819 Tianneng Power International
5.2x25.1%HK$8.0b
179 Johnson Electric Holdings
7x4.7%HK$8.1b
6830 Huazhong In-Vehicle Holdings
90.1xn/aHK$4.4b
1571 Xin Point Holdings
8x25.7%HK$2.1b
1760 Intron Technology Holdings
14.7x10.7%HK$4.7b

Price-To-Earnings vs Peers: 1760 is good value based on its Price-To-Earnings Ratio (14.7x) compared to the peer average (27.6x).


Price to Earnings Ratio vs Industry

How does 1760's PE Ratio compare vs other companies in the Asian Auto Components Industry?

Price-To-Earnings vs Industry: 1760 is good value based on its Price-To-Earnings Ratio (14.7x) compared to the Asian Auto Components industry average (22.2x)


Price to Earnings Ratio vs Fair Ratio

What is 1760's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1760 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio14.7x
Fair PE Ratio10.4x

Price-To-Earnings vs Fair Ratio: 1760 is expensive based on its Price-To-Earnings Ratio (14.7x) compared to the estimated Fair Price-To-Earnings Ratio (10.4x).


Share Price vs Fair Value

What is the Fair Price of 1760 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1760 (HK$4.36) is trading above our estimate of fair value (HK$1.28)

Significantly Below Fair Value: 1760 is trading above our estimate of fair value.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.


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Future Growth

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

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


10.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1760's forecast earnings growth (10.7% per year) is above the savings rate (1.6%).

Earnings vs Market: 1760's earnings (10.7% per year) are forecast to grow slower than the Hong Kong market (17% per year).

High Growth Earnings: 1760's earnings are forecast to grow, but not significantly.

Revenue vs Market: 1760's revenue (15% per year) is forecast to grow faster than the Hong Kong market (9.8% per year).

High Growth Revenue: 1760's revenue (15% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1760's Return on Equity is forecast to be low in 3 years time (16.6%).


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Past Performance

How has Intron Technology Holdings performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


9.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1760 has a high level of non-cash earnings.

Growing Profit Margin: 1760's current net profit margins (7.4%) are higher than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: 1760's earnings have grown by 9.4% per year over the past 5 years.

Accelerating Growth: 1760's earnings growth over the past year (155.7%) exceeds its 5-year average (9.4% per year).

Earnings vs Industry: 1760 earnings growth over the past year (155.7%) exceeded the Auto Components industry -39.2%.


Return on Equity

High ROE: 1760's Return on Equity (15.7%) is considered low.


Discover strong past performing companies

Financial Health

How is Intron Technology Holdings's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 1760's short term assets (CN¥2.6B) exceed its short term liabilities (CN¥1.4B).

Long Term Liabilities: 1760's short term assets (CN¥2.6B) exceed its long term liabilities (CN¥19.8M).


Debt to Equity History and Analysis

Debt Level: 1760's net debt to equity ratio (8.9%) is considered satisfactory.

Reducing Debt: 1760's debt to equity ratio has increased from 33.3% to 34.6% over the past 5 years.

Debt Coverage: 1760's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 1760's interest payments on its debt are well covered by EBIT (15x coverage).


Balance Sheet


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


1.42%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: 1760's dividend (1.42%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.93%).

High Dividend: 1760's dividend (1.42%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.5%).


Stability and Growth of Payments

Stable Dividend: 1760 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.

Growing Dividend: 1760 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.


Earnings Payout to Shareholders

Earnings Coverage: 1760 is not paying a notable dividend for the Hong Kong market.


Cash Payout to Shareholders

Cash Flow Coverage: 1760 is paying a dividend but the company has no free cash flows.


Discover strong dividend paying companies

Management

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

4.6yrs

Average management tenure


CEO

Wing Ming Luk (51 yo)

4.58yrs

Tenure

Mr. Wing Ming Luk is Co-Founder and Chairman of Intron Technology Holdings Limited and its Executive Director since January 3, 2017 and Co-Chief Executive Officer since February 2, 2018. Mr. Luk serves as...


Leadership Team

Experienced Management: 1760's management team is considered experienced (4.6 years average tenure).


Board Members

Experienced Board: 1760's board of directors are considered experienced (4.7 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

SEHK:1760 Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
06 Dec 21SellHK$3,315,947Fidelity International LtdCompany648,000HK$5.12

Ownership Breakdown

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


Top Shareholders

Top 10 shareholders own 64.97% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
48.3%
Magnate Era Limited
525,000,000CN¥2.3b0%no data
6.9%
Cheung Ngai Chan
75,000,000CN¥327.0m0%no data
4.94%
Fidelity International Ltd
53,728,000CN¥234.3m0%0.02%
3.95%
Zenith Benefit Investments Limited
42,970,000CN¥187.3m-25.05%no data
0.32%
Fullgoal Fund Management Co., Ltd.
3,458,000CN¥15.1m0%0.01%
0.28%
Ming Chan
3,000,000CN¥13.1m50%no data
0.19%
Ming Chee Ng
2,100,000CN¥9.2m5%no data
0.057%
Dimensional Fund Advisors LP
614,190CN¥2.7m53.02%no data
0.024%
State Street Global Advisors, Inc.
257,172CN¥1.1m0.78%no data
0.0023%
Hong Yu
25,000CN¥109.0k0%no data

Company Information

Intron Technology Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Intron Technology Holdings Limited
  • Ticker: 1760
  • Exchange: SEHK
  • Founded: 2001
  • Industry: Auto Parts and Equipment
  • Sector: Automobiles
  • Implied Market Cap: HK$4.739b
  • Shares outstanding: 1.09b
  • Website: https://www.intron-tech.com

Number of Employees


Location

  • Intron Technology Holdings Limited
  • Delta House
  • Unit 1008-10
  • Sha Tin
  • New Territories
  • Hong Kong


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1760SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJul 2018
B46DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2018

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/23 00:00
End of Day Share Price2022/09/23 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.