Intron Technology Holdings
Market Cap
HK$2.9b
Last Updated
2020/12/01 10:02 UTC
Data Sources
Company Financials +
Executive Summary
Intron Technology Holdings Limited, an investment holding company, develops and sells automotive electronic components in Hong Kong, Mainland China, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with questionable track record.
Share Price & News
How has Intron Technology Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1760 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 1760's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-0.4%
1760
-1.2%
HK Auto Components
0.4%
HK Market
1 Year Return
1.4%
1760
47.9%
HK Auto Components
10.1%
HK Market
Return vs Industry: 1760 underperformed the Hong Kong Auto Components industry which returned 47.2% over the past year.
Return vs Market: 1760 underperformed the Hong Kong Market which returned 8.7% over the past year.
Shareholder returns
| 1760 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.4% | -1.2% | 0.4% |
| 30 Day | -0.7% | 13.6% | 9.3% |
| 90 Day | 16.9% | 22.4% | 6.1% |
| 1 Year | 3.1%1.4% | 53.0%47.9% | 14.6%10.1% |
| 3 Year | n/a | -3.9%-12.0% | 1.5%-9.1% |
| 5 Year | n/a | 59.4%40.6% | 33.7%11.2% |
Long-Term Price Volatility Vs. Market
How volatile is Intron Technology Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Is Intron Technology Holdings Limited's (HKG:1760) 1.3% Dividend Worth Your Time?3 weeks ago | Simply Wall St
Is Intron Technology Holdings (HKG:1760) Likely To Turn Things Around?1 month ago | Simply Wall St
Intron Technology Holdings (HKG:1760) Has A Somewhat Strained Balance SheetValuation
Is Intron Technology Holdings undervalued compared to its fair value and its price relative to the market?
24.75x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1760 (HK$2.84) is trading above our estimate of fair value (HK$0.4)
Significantly Below Fair Value: 1760 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1760 is poor value based on its PE Ratio (24.8x) compared to the HK Auto Components industry average (14.9x).
PE vs Market: 1760 is poor value based on its PE Ratio (24.8x) compared to the Hong Kong market (11x).
Price to Earnings Growth Ratio
PEG Ratio: 1760 is poor value based on its PEG Ratio (1.3x)
Price to Book Ratio
PB vs Industry: 1760 is overvalued based on its PB Ratio (2x) compared to the HK Auto Components industry average (1.1x).
Next Steps
Future Growth
How is Intron Technology Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
18.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1760's forecast earnings growth (18.7% per year) is above the savings rate (1.6%).
Earnings vs Market: 1760's earnings (18.7% per year) are forecast to grow slower than the Hong Kong market (22% per year).
High Growth Earnings: 1760's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1760's revenue (11.5% per year) is forecast to grow slower than the Hong Kong market (13.7% per year).
High Growth Revenue: 1760's revenue (11.5% 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 (13.1%).
Next Steps
Past Performance
How has Intron Technology Holdings performed over the past 5 years?
5.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1760 has high quality earnings.
Growing Profit Margin: 1760's current net profit margins (4.8%) are lower than last year (7%).
Past Earnings Growth Analysis
Earnings Trend: 1760's earnings have grown by 5.2% per year over the past 5 years.
Accelerating Growth: 1760's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1760 had negative earnings growth (-35.3%) over the past year, making it difficult to compare to the Auto Components industry average (-17.7%).
Return on Equity
High ROE: 1760's Return on Equity (8.1%) is considered low.
Next Steps
Financial Health
How is Intron Technology Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1760's short term assets (CN¥1.8B) exceed its short term liabilities (CN¥804.1M).
Long Term Liabilities: 1760's short term assets (CN¥1.8B) exceed its long term liabilities (CN¥12.6M).
Debt to Equity History and Analysis
Debt Level: 1760's debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 1760's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1760's debt is well covered by operating cash flow (65.7%).
Interest Coverage: 1760's interest payments on its debt are well covered by EBIT (6.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Intron Technology Holdings's current dividend yield, its reliability and sustainability?
1.33%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1760's dividend (1.33%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.21%).
High Dividend: 1760's dividend (1.33%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.64%).
Stability and Growth of Payments
Stable Dividend: 1760 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1760 has only been paying a dividend for 2 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.9%), 1760's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1760's dividends in 3 years are forecast to be well covered by earnings (26.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.8yrs
Average management tenure
CEO
Wing Luk (50 yo)
2.75yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 2.75yrs | no data | no data | |
| Co-Founder | 3.67yrs | no data | 7.24% CN¥ 213.0m | |
| CFO & Executive Director | 2.83yrs | no data | 0.19% CN¥ 5.7m | |
| GM & Executive Director | 2.83yrs | no data | 0.19% CN¥ 5.7m | |
| Company Secretary | 1.67yrs | no data | no data |
2.8yrs
Average Tenure
50yo
Average Age
Experienced Management: 1760's management team is considered experienced (2.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 2.75yrs | no data | no data | |
| Co-Founder | 3.67yrs | no data | 7.24% CN¥ 213.0m | |
| CFO & Executive Director | 2.83yrs | no data | 0.19% CN¥ 5.7m | |
| GM & Executive Director | 2.83yrs | no data | 0.19% CN¥ 5.7m | |
| Independent Non-Executive Director | 2.42yrs | no data | no data | |
| Independent Non-Executive Director | 2.42yrs | no data | no data | |
| Independent Non-Executive Director | 2.42yrs | no data | no data |
2.6yrs
Average Tenure
50yo
Average Age
Experienced Board: 1760's board of directors are not considered experienced ( 2.6 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Intron Technology Holdings Limited's company bio, 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
- Market Cap: HK$2.942b
- Shares outstanding: 1.04b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1760 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jul 2018 |
Biography
Intron Technology Holdings Limited, an investment holding company, develops and sells automotive electronic components in Hong Kong, Mainland China, and internationally. The company offers components for u...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/12/01 10:02 |
| End of Day Share Price | 2020/12/01 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.