SEHK:1166

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Solartech International Holdings

Executive Summary

Solartech International Holdings Limited, an investment holding company, manufactures and trades in cables and wires, and copper rods.


Snowflake Analysis

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.


Market Performance


7 Day Return

2.1%

1166

2.8%

HK Electrical

1.2%

HK Market


1 Year Return

-24.6%

1166

-3.4%

HK Electrical

5.5%

HK Market

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.


Shareholder returns

1166IndustryMarket
7 Day2.1%2.8%1.2%
30 Day-7.5%-0.5%-3.8%
90 Day-10.9%8.7%7.7%
1 Year-24.6%-24.6%-1.9%-3.4%9.8%5.5%
3 Year-90.4%-90.4%-42.5%-45.2%3.7%-7.4%
5 Year-78.8%-78.8%-53.3%-56.3%12.3%-6.5%

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

Valuation

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

0.1x

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).


Next Steps

Future Growth

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

12.6%

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.


Next Steps

Past Performance

How has Solartech International Holdings performed over the past 5 years?

8.5%

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.


Next Steps

Financial Health

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.


Balance Sheet


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.


Next Steps

Dividend

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.


Next Steps

Management

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

13.8yrs

Average board tenure


CEO

Lai Him Chau (69 yo)

no data

Tenure

HK$7,890,000

Compensation

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.


Board Members

NamePositionTenureCompensationOwnership
Lai Him Chau
Founderno dataHK$7.89mno data
Chi Ho Chau
Deputy Chairman1.17yrsHK$1.77m1%
HK$ 1.2m
Dong Yang Liu
Executive Director10.58yrsHK$1.83mno data
Wai Ming Lo
Independent Non-Executive Director20.58yrsHK$302.00k0.017%
HK$ 19.6k
Kam Kwong Chung
Independent Non-Executive Director17.42yrsHK$458.00kno data
Chao Ming Lo
Independent Non Executive Director13.75yrsHK$144.00k0.013%
HK$ 14.7k

13.8yrs

Average Tenure

59yo

Average Age

Experienced Board: 1166's board of directors are seasoned and experienced ( 13.8 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

Ownership Breakdown

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


Top Shareholders

Company Information

Solartech International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Solartech International Holdings Limited
  • Ticker: 1166
  • Exchange: SEHK
  • Founded:
  • 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


Location

  • Solartech International Holdings Limited
  • Unit 15, Concordia Plaza
  • 18th Floor
  • Tsim Sha Tsui
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SWP7DB (Deutsche Boerse AG)YesOrdinary SharesDEEURDec 1996
1166SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 1996

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/08 12:34
End of Day Share Price2020/08/07 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.