Intron Technology Holdings
Market Cap
HK$3.0b
Last Updated
2019/12/09 13:00 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.
Rewards
Risk Analysis
Snowflake Analysis
High growth potential with mediocre balance sheet.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-2.2%
1760
0.7%
HK Auto Components
0.6%
HK Market
1 Year Return
-2.9%
1760
-21.1%
HK Auto Components
-0.06%
HK Market
Return vs Industry: 1760 exceeded the Hong Kong Auto Components industry which returned -21.1% over the past year.
Return vs Market: 1760 underperformed the Hong Kong Market which returned -0.1% over the past year.
Shareholder returns
| 1760 | Industry | Market | |
|---|---|---|---|
| 7 Day | -2.2% | 0.7% | 0.6% |
| 30 Day | -10.8% | -12.9% | -3.6% |
| 90 Day | -15.0% | -7.0% | -0.01% |
| 1 Year | -1.3%-2.9% | -18.5%-21.1% | 3.5%-0.06% |
| 3 Year | n/a | -13.1%-19.5% | 19.5%7.4% |
| 5 Year | n/a | 33.2%18.5% | 18.4%-1.4% |
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
4 days ago | Simply Wall St
Intron Technology Holdings (HKG:1760) Seems To Use Debt Quite Sensibly2 weeks ago | Simply Wall St
Investors Who Bought Intron Technology Holdings (HKG:1760) Shares A Year Ago Are Now Up 11%1 month ago | Simply Wall St
Why Intron Technology Holdings Limited's (HKG:1760) High P/E Ratio Isn't Necessarily A Bad ThingValuation
Is Intron Technology Holdings undervalued compared to its fair value and its price relative to the market?
16.04x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1760 (HK$2.72) is trading above our estimate of fair value (HK$0.59)
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 (16x) compared to the Auto Components industry average (9.7x).
PE vs Market: 1760 is poor value based on its PE Ratio (16x) compared to the Hong Kong market (10.2x).
Price to Earnings Growth Ratio
PEG Ratio: 1760 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 1760 is overvalued based on its PB Ratio (2.2x) compared to the HK Auto Components industry average (0.9x).
Next Steps
Future Growth
How is Intron Technology Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
27.0%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1760's forecast earnings growth (27% per year) is above the savings rate (1.6%).
Earnings vs Market: 1760's earnings (27% per year) are forecast to grow faster than the Hong Kong market (11.9% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1760's revenue (22% per year) is forecast to grow faster than the Hong Kong market (9.8% per year).
High Growth Revenue: 1760's revenue (22% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 1760's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Intron Technology Holdings performed over the past 5 years?
18.2%
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%) are lower than last year (8.5%).
Past Earnings Growth Analysis
Earnings Trend: 1760's earnings have grown by 18.2% per year over the past 5 years.
Accelerating Growth: 1760's earnings growth over the past year (4.7%) is below its 5-year average (18.2% per year).
Earnings vs Industry: 1760 earnings growth over the past year (4.7%) exceeded the Auto Components industry -0.7%.
Return on Equity
High ROE: 1760's Return on Equity (13.4%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Intron Technology Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1760's short term assets (CN¥2.1B) exceed its short term liabilities (CN¥1.0B).
Long Term Liabilities: 1760's short term assets (CN¥2.1B) exceed its long term liabilities (CN¥20.5M).
Debt to Equity History and Analysis
Debt Level: 1760's debt to equity ratio (41.7%) is considered high.
Reducing Debt: Insufficient data to determine if 1760's debt to equity ratio has reduced 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 (9.1x coverage).
Balance Sheet
Inventory Level: 1760 has a high level of physical assets or inventory.
Debt Coverage by Assets: 1760's debt is covered by short term assets (assets are 4.3x debt).
Next Steps
Dividend
What is Intron Technology Holdings's current dividend yield, its reliability and sustainability?
1.93%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 1760's dividend (1.93%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.26%).
High Dividend: 1760's dividend (1.93%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.26%).
Stability and Growth of Payments
Stable Dividend: Too early to tell whether 1760's dividend payments have been stable as they only just started paying a dividend.
Growing Dividend: Too early to tell if 1760's dividend payments are increasing as they only just started paying a dividend.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.7%), 1760'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
What is the CEO of Intron Technology Holdings's salary, the management and board of directors tenure and is there insider trading?
1.7yrs
Average management tenure
CEO
Wing Luk (49yo)
1.8yrs
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 ...
Management Age and Tenure
1.7yrs
Average Tenure
49yo
Average Age
Experienced Management: 1760's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Age and Tenure
1.7yrs
Average Tenure
49yo
Average Age
Experienced Board: 1760's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Company |
| Shares | 1,709,000 |
| Max Price | CN¥3.32 |
| Entity | Company |
| Shares | 20,000,000 |
| Max Price | CN¥2.90 |
| Entity | Individual |
| Role | Member of the Board of Directors GM & Executive Director |
| Shares | 2,000,000 |
| Max Price | CN¥2.90 |
| Entity | Individual |
| Role | Member of the Board of Directors CFO & Executive Director |
| Shares | 2,000,000 |
| Max Price | CN¥2.90 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 36.6%.
Management Team
James Ng (53yo)
CFO & Executive Director
- Tenure: 1.9yrs
Yu Kit Wong (37yo)
Joint Company Secretary
- Tenure: 1.5yrs
Wing Luk (49yo)
Co-Founder
- Tenure: 1.8yrs
Cheung Chan (46yo)
Co-Founder
- Tenure: 2.8yrs
Ming Chan (49yo)
GM & Executive Director
- Tenure: 1.9yrs
Chi Tsang
Joint Company Secretary
- Tenure: 0.8yrs
Board Members
Yung Kwok Tsui (51yo)
Independent Non-Executive Director
- Tenure: 1.5yrs
James Ng (53yo)
CFO & Executive Director
- Tenure: 1.9yrs
Hong Yu (65yo)
Independent Non-Executive Director
- Tenure: 1.5yrs
Wing Luk (49yo)
Co-Founder
- Tenure: 1.8yrs
Cheung Chan (46yo)
Co-Founder
- Tenure: 2.8yrs
Ming Chan (49yo)
GM & Executive Director
- Tenure: 1.9yrs
Yongwei Jiang (48yo)
Independent Non-Executive Director
- Tenure: 1.5yrs
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$3.004b
- Shares outstanding: 1.04b
- Website: https://www.intron-tech.com
Number of Employees
Location
- Intron Technology Holdings Limited
- Delta House
- Unit 1008-10
- Shatin
- 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 | 2019/12/09 13:00 |
| End of Day Share Price | 2019/12/09 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.