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Solartech International Holdings

SEHK:1166
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1166
SEHK
HK$150M
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

Solartech International Holdings Limited, an investment holding company, manufactures and trades in cables and wires, and copper rods. The last earnings update was 124 days ago. More info.


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  • Solartech International Holdings has significant price volatility in the past 3 months.
1166 Share Price and Events
7 Day Returns
0%
SEHK:1166
0.1%
HK Electrical
0.6%
HK Market
1 Year Returns
-94.6%
SEHK:1166
-27.9%
HK Electrical
-4.5%
HK Market
1166 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Solartech International Holdings (1166) 0% -7.7% -23.1% -94.6% -82.9% -94.9%
HK Electrical 0.1% -5.4% -16.6% -27.9% -34.7% -36.8%
HK Market 0.6% 0.4% -7% -4.5% 17.8% 1.1%
1 Year Return vs Industry and Market
  • 1166 underperformed the Electrical industry which returned -27.9% over the past year.
  • 1166 underperformed the Market in Hong Kong which returned -4.5% over the past year.
Price Volatility
1166
Industry
5yr Volatility vs Market

1166 Value

 Is Solartech International Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Solartech International Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.06.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Solartech International Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Solartech International Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1166 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$-0.06
SEHK:1166 Share Price ** SEHK (2019-07-22) in HKD HK$0.06
Hong Kong Electrical Industry PE Ratio Median Figure of 23 Publicly-Listed Electrical Companies 10.77x
Hong Kong Market PE Ratio Median Figure of 1,512 Publicly-Listed Companies 10.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Solartech International Holdings.

SEHK:1166 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1166 Share Price ÷ EPS (both in HKD)

= 0.06 ÷ -0.06

-0.96x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Solartech International Holdings is loss making, we can't compare its value to the HK Electrical industry average.
  • Solartech International Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Solartech International Holdings's expected growth come at a high price?
Raw Data
SEHK:1166 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.96x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Electrical Industry PEG Ratio Median Figure of 9 Publicly-Listed Electrical Companies 0.94x
Hong Kong Market PEG Ratio Median Figure of 481 Publicly-Listed Companies 0.8x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Solartech International Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Solartech International Holdings's assets?
Raw Data
SEHK:1166 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$0.57
SEHK:1166 Share Price * SEHK (2019-07-22) in HKD HK$0.06
Hong Kong Electrical Industry PB Ratio Median Figure of 34 Publicly-Listed Electrical Companies 0.64x
Hong Kong Market PB Ratio Median Figure of 2,198 Publicly-Listed Companies 0.92x
SEHK:1166 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1166 Share Price ÷ Book Value per Share (both in HKD)

= 0.06 ÷ 0.57

0.1x

* Primary Listing of Solartech International Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Solartech International Holdings is good value based on assets compared to the HK Electrical industry average.
X
Value checks
We assess Solartech International Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electrical industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electrical industry average (and greater than 0)? (1 check)
  5. Solartech International Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

1166 Future Performance

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

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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
8.3%
Expected Electrical industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Solartech International Holdings expected to grow at an attractive rate?
  • Unable to compare Solartech International Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Solartech International Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare Solartech International Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1166 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Electrical Industry Earnings Growth Rate Market Cap Weighted Average 8.3%
Hong Kong Electrical Industry Revenue Growth Rate Market Cap Weighted Average 9.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.3%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.6%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1166 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1166 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:1166 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 363 -96 -148
2018-09-30 379 -80 -117
2018-06-30 395 -64 -86
2018-03-31 395 -75 -31
2017-12-31 395 -85 23
2017-09-30 419 -92 -23
2017-06-30 443 -100 -70
2017-03-31 513 -107 -193
2016-12-31 583 -114 -315
2016-09-30 662 -93 -295
2016-06-30 741 -72 -275
2016-03-31 756 -80 -309

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Solartech International Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Solartech International Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1166 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Solartech International Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1166 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:1166 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 -0.06
2018-09-30 -0.05
2018-06-30 -0.04
2018-03-31 -0.01
2017-12-31 0.01
2017-09-30 -0.01
2017-06-30 -0.03
2017-03-31 -0.08
2016-12-31 -0.15
2016-09-30 -0.16
2016-06-30 -0.16
2016-03-31 -0.16

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Solartech International Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. 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.
  2. Solartech International Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Capital Goods companies here
  3. Solartech International Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Solartech International Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Solartech International Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

1166 Past Performance

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

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Solartech International Holdings's growth in the last year to its industry (Electrical).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Solartech International Holdings does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Solartech International Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Solartech International Holdings's 1-year growth to the HK Electrical industry average as it is not currently profitable.
Earnings and Revenue History
Solartech International Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Solartech International Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1166 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 363.38 -148.39 122.27
2018-09-30 379.38 -117.01 114.27
2018-06-30 395.38 -85.64 106.27
2018-03-31 395.25 -31.07 110.25
2017-12-31 395.13 23.50 114.23
2017-09-30 418.83 -23.35 135.06
2017-06-30 442.52 -70.20 155.88
2017-03-31 512.66 -192.67 164.88
2016-12-31 582.79 -315.15 173.87
2016-09-30 661.88 -295.05 162.87
2016-06-30 740.98 -274.95 151.87
2016-03-31 756.42 -308.64 153.38
2015-12-31 771.86 -342.33 154.89
2015-09-30 777.03 -356.31 155.65
2015-06-30 782.20 -370.29 156.40
2015-03-31 804.30 -233.91 140.43
2014-12-31 826.40 -97.53 124.47
2014-09-30 819.74 -67.62 117.47
2014-06-30 813.07 -37.71 110.47
2014-03-31 754.44 -229.02 111.70
2013-12-31 695.81 -420.32 112.94
2013-09-30 648.71 -417.70 107.50
2013-06-30 601.61 -415.07 102.05
2013-03-31 605.04 -232.35 102.47
2012-12-31 608.46 -49.63 102.88
2012-09-30 610.66 -77.88 108.17

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Solartech International Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Solartech International Holdings has efficiently used its assets last year compared to the HK Electrical industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Solartech International Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Solartech International Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electrical industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Solartech International Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

1166 Health

 How is Solartech International Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Solartech International Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Solartech International Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Solartech International Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Solartech International Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Solartech International Holdings Company Filings, last reported 6 months ago.

SEHK:1166 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,352.13 158.18 94.85
2018-09-30 1,352.13 158.18 94.85
2018-06-30 1,400.03 126.14 146.59
2018-03-31 1,400.03 126.14 146.59
2017-12-31 1,481.89 152.58 205.98
2017-09-30 1,481.89 152.58 205.98
2017-06-30 1,469.86 121.78 116.92
2017-03-31 1,469.86 121.78 116.92
2016-12-31 1,463.06 134.03 212.75
2016-09-30 1,463.06 134.03 212.75
2016-06-30 1,422.99 213.19 260.82
2016-03-31 1,422.99 213.19 260.82
2015-12-31 1,578.76 125.71 286.76
2015-09-30 1,578.76 125.71 286.76
2015-06-30 1,544.54 67.75 210.50
2015-03-31 1,544.54 67.75 210.50
2014-12-31 1,669.88 135.38 157.06
2014-09-30 1,669.88 135.38 157.06
2014-06-30 1,673.61 158.22 318.68
2014-03-31 1,673.61 158.22 318.68
2013-12-31 1,516.78 123.46 156.28
2013-09-30 1,516.78 123.46 156.28
2013-06-30 1,494.82 177.43 186.65
2013-03-31 1,494.82 177.43 186.65
2012-12-31 1,885.98 129.05 148.33
2012-09-30 1,885.98 129.05 148.33
  • Solartech International Holdings's level of debt (11.7%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (8.2% vs 11.7% today).
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.

  • Solartech International Holdings has less than a year of cash runway based on current free cash flow.
  • Solartech International Holdings has less than a year of cash runway if free cash flow continues to reduce at historical rates of -13.3% each year.
X
Financial health checks
We assess Solartech International Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Solartech International Holdings has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

1166 Dividends

 What is Solartech International Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Solartech International Holdings dividends.
If you bought HK$2,000 of Solartech International Holdings shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Solartech International Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Solartech International Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1166 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Electrical Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.2%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 978 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:1166 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
SEHK:1166 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2009-03-23 0.000 0.000
2009-01-19 0.000 0.000
2008-10-28 0.000 0.000
2008-10-15 0.000 0.000

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Solartech International Holdings has not reported any payouts.
  • Unable to verify if Solartech International Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Solartech International Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Solartech International Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Solartech International Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Solartech International Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Solartech International Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

1166 Management

 What is the CEO of Solartech International Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Lai Him Chau
COMPENSATION HK$6,909,000
AGE 68
CEO Bio

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 Products Co. Ltd. Mr. Chau served as the Chairman of the Board and Managing Director of Hua Yi Copper Holdings Ltd. from August 2004 to December 23, 2009. Mr. Chau was responsible for the overall management, strategic planning and business development of Solartech International Holdings Limited and Hua Yi Copper Holdings Ltd. He served as Managing Director of FT Holdings International Ltd. Mr. Chau has more than 25 years' experience in the manufacturing of cable and wire products. He serves as Chairman of Chau's Electrical Company Ltd. He served as Chairman of FT Holdings International Ltd and its Executive Director. He has been Executive Director of Solartech International Holdings Ltd., since November 01, 1996.

CEO Compensation
  • Lai Him's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Lai Him's remuneration is higher than average for companies of similar size in Hong Kong.
Management Team

Lai Him Chau

TITLE
Founder
COMPENSATION
HK$7M
AGE
68

Chi Chau

TITLE
Deputy Chairman
COMPENSATION
HK$1M
AGE
37

Dong Yang Liu

TITLE
Executive Director
COMPENSATION
HK$653K
AGE
45

Shirley Chan

TITLE
Financial Controller & Company Secretary
AGE
59
TENURE
11.7 yrs

Miranda Lam

TITLE
Assistant to Managing Director of Chau's Electrical Co Ltd
AGE
50
Board of Directors Tenure

Average tenure and age of the Solartech International Holdings board of directors in years:

12.7
Average Tenure
58
Average Age
  • The average tenure for the Solartech International Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Lai Him Chau

TITLE
Founder
COMPENSATION
HK$7M
AGE
68

Chi Chau

TITLE
Deputy Chairman
COMPENSATION
HK$1M
AGE
37
TENURE
0.1 yrs

Dong Yang Liu

TITLE
Executive Director
COMPENSATION
HK$653K
AGE
45
TENURE
9.5 yrs

Kam Kwong Chung

TITLE
Independent Non-Executive Director
COMPENSATION
HK$384K
AGE
62
TENURE
16.3 yrs

Paulus Lo

TITLE
Independent Non-Executive Director
COMPENSATION
HK$240K
AGE
66
TENURE
19.5 yrs

Chao Ming Lo

TITLE
Independent Non Executive Director
COMPENSATION
HK$88K
AGE
54
TENURE
12.7 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Solartech International Holdings individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
12. Jul 19 Buy Chi Chau Individual 11. Jul 19 11. Jul 19 1,060,000 HK$0.06 HK$64,657
11. Jul 19 Buy Chi Chau Individual 09. Jul 19 09. Jul 19 440,000 HK$0.06 HK$26,841
04. Jul 19 Buy Chi Chau Individual 03. Jul 19 03. Jul 19 340,000 HK$0.06 HK$21,080
03. Jul 19 Buy Chi Chau Individual 28. Jun 19 28. Jun 19 160,000 HK$0.06 HK$9,120
15. Jan 19 Buy Chi Chau Individual 14. Jan 19 14. Jan 19 1,000,000 HK$0.08 HK$79,997
11. Dec 18 Buy Chi Chau Individual 10. Dec 18 10. Dec 18 500,000 HK$0.08 HK$42,498
15. Nov 18 Sell China Silver Asset Management Hong Kong Limited Company 08. Nov 18 08. Nov 18 -7,800,000 HK$0.17 HK$-1,344,742
20. Nov 18 Buy Chi Chau Individual 19. Nov 18 19. Nov 18 1,000,000 HK$0.11 HK$105,996
13. Nov 18 Buy Chi Chau Individual 12. Nov 18 12. Nov 18 2,000,000 HK$0.13 HK$265,995
09. Nov 18 Buy Chi Chau Individual 09. Nov 18 09. Nov 18 16,000,000 HK$0.15 HK$2,326,349
31. Aug 18 Sell China Silver Asset Management Hong Kong Limited Company 30. Aug 18 30. Aug 18 -10,000,000 HK$1.00 HK$-9,999,985
06. Aug 18 Buy China Silver Asset Management Hong Kong Limited Company 03. Aug 18 03. Aug 18 1,000,000 HK$1.09 HK$1,092,999
X
Management checks
We assess Solartech International Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Solartech International Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

1166 News

Simply Wall St News

Does Solartech International Holdings Limited's (HKG:1166) CEO Salary Compare Well With Others?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … View our latest analysis for Solartech International Holdings … How Does Lai Him Chau's Compensation Compare With Similar Sized Companies?

Simply Wall St -

Introducing Solartech International Holdings (HKG:1166), The Stock That Tanked 95%

Solartech International Holdings Limited (HKG:1166) shareholders should be happy to see the share price up 14% in the last quarter. … Solartech International Holdings isn't a profitable company, so it is unlikely we'll see a strong correlation between its share price and its earnings per share (EPS). … In the last five years Solartech International Holdings saw its revenue shrink by 17% per year.

Simply Wall St -

What You Must Know About Solartech International Holdings Limited's (HKG:1166) Financial Strength

Solartech International Holdings Limited (HKG:1166) is a small-cap stock with a market capitalization of HK$195m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

Simply Wall St -

How Much Are Solartech International Holdings Limited (HKG:1166) Insiders Spending On Buying Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in Solartech International Holdings Limited (HKG:1166). … The Last 12 Months Of Insider Transactions At Solartech International Holdings. … That means that an insider was happy to buy shares at above the current price.

Simply Wall St -

How Did Solartech International Holdings Limited's (HKG:1166) 1.01% ROE Fare Against The Industry?

and want a simplistic look at the return on Solartech International Holdings Limited (HKG:1166) stock. … Solartech International Holdings Limited (HKG:1166) delivered an ROE of 1.01% over the past 12 months, which is relatively in-line with its industry average of 11.59% during the same period. … But what is more interesting is whether 1166 can sustain or improve on this level of return

Simply Wall St -

1166 Company Info

Description

Solartech International Holdings Limited, an investment holding company, manufactures and trades in cables and wires, and copper rods. The company offers cables and wires primarily to the manufacturers of white goods appliances; and copper rods and wires, and related products primarily for use in the production of electric wires or cables for household appliances, electronic products, and power supply in infrastructure facilities. It is also involved in the manufacture and trade of plastic products; trade of securities; the provision of financing and management services; holding of mining rights; trading of metallurgical grade bauxite; and trademark holding activities. In addition, the company invests in and rents plant, factory, residential, and industrial properties. It has operations in the People’s Republic of China, the Americas, Europe, and other Asian regions. Solartech International Holdings Limited is headquartered in Wanchai, Hong Kong.

Details
Name: Solartech International Holdings Limited
1166
Exchange: SEHK
Founded:
HK$149,595,516
2,374,532,000
Website: http://www.1166hk.com
Address: Solartech International Holdings Limited
China Resources Building,
26th Floor,
Wanchai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1166 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 18. Dec 1996
DB SWP7 Ordinary Shares Deutsche Boerse AG DE EUR 18. Dec 1996
Number of employees
Current staff
Staff numbers
500
Solartech International Holdings employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/22 12:55
End of day share price update: 2019/07/22 00:00
Last estimates confirmation: 2017/09/28
Last earnings filing: 2019/03/20
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.