Solartech International Holdings Limited, an investment holding company, manufactures and trades in cables and wires, and copper rods.
Mediocre balance sheet and overvalued.
Share Price & News
How has Solartech International Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1166 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 1166 underperformed the Hong Kong Electrical industry which returned -3.4% over the past year.
Return vs Market: 1166 underperformed the Hong Kong Market which returned 5.5% over the past year.
Price Volatility Vs. Market
How volatile is Solartech International Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StThe Solartech International Holdings (HKG:1166) Share Price Is Down 88% So Some Shareholders Are Rather Upset
3 months ago | Simply Wall StSolartech International Holdings Limited (HKG:1166) Insiders Increased Their Holdings
4 months ago | Simply Wall StShould You Worry About Solartech International Holdings Limited's (HKG:1166) CEO Pay?
Is Solartech International Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 1166's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 1166's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 1166 is unprofitable, so we can't compare its PE Ratio to the HK Electrical industry average.
PE vs Market: 1166 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1166's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1166 is good value based on its PB Ratio (0.1x) compared to the HK Electrical industry average (0.6x).
How is Solartech International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Capital Goods 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 Solartech International 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.
- Take a look at our analysis of 1166’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Solartech International Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has Solartech International Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1166 is currently unprofitable.
Growing Profit Margin: 1166 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 1166 is unprofitable, but has reduced losses over the past 5 years at a rate of 8.5% per year.
Accelerating Growth: Unable to compare 1166's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1166 is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (9.9%).
Return on Equity
High ROE: 1166 has a negative Return on Equity (-26.56%), as it is currently unprofitable.
How is Solartech International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1166's short term assets (HK$318.0M) exceed its short term liabilities (HK$220.3M).
Long Term Liabilities: 1166's short term assets (HK$318.0M) exceed its long term liabilities (HK$76.7M).
Debt to Equity History and Analysis
Debt Level: 1166's debt to equity ratio (15.1%) is considered satisfactory.
Reducing Debt: 1166's debt to equity ratio has increased from 8.1% to 15.1% over the past 5 years.
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: 1166 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 1166 has less than a year of cash runway if free cash flow continues to grow at historical rates of 6.7% each year.
What is Solartech International Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1166's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1166's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 1166's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1166's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1166's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Lai Him Chau (69 yo)
Mr. Lai Him Chau is founder of Solartech International Holdings Limited and serves as its Chairman of the Board and Managing Director. Mr. Chau served as Chairman and Managing Director of Hua Yi Copper Pro ...
CEO Compensation Analysis
Compensation vs Market: Lai Him's total compensation ($USD1.02M) is above average for companies of similar size in the Hong Kong market ($USD231.54K).
Compensation vs Earnings: Lai Him's compensation has increased whilst the company is unprofitable.
|Founder||no data||HK$7.89m||no data|
|Deputy Chairman||1.17yrs||HK$1.77m||1% |
|Executive Director||10.58yrs||HK$1.83m||no data|
|Independent Non-Executive Director||20.58yrs||HK$302.00k||0.017% |
|Independent Non-Executive Director||17.42yrs||HK$458.00k||no data|
|Independent Non Executive Director||13.75yrs||HK$144.00k||0.013% |
Experienced Board: 1166's board of directors are seasoned and experienced ( 13.8 years average tenure).
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Solartech International Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Solartech International Holdings Limited
- Ticker: 1166
- Exchange: SEHK
- Industry: Electrical Components and Equipment
- Sector: Capital Goods
- Market Cap: HK$116.352m
- Shares outstanding: 2.37b
- Website: https://www.1166hk.com
Number of Employees
- Solartech International Holdings Limited
- Unit 15, Concordia Plaza
- 18th Floor
- Tsim Sha Tsui
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SWP7||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 1996|
|1166||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Dec 1996|
Solartech International Holdings Limited, an investment holding company, manufactures and trades in cables and wires, and copper rods. It offers cables and wires primarily to the manufacturers of white goo ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/08 12:34|
|End of Day Share Price||2020/08/07 00:00|
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.