SEHK:1289

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Wuxi Sunlit Science and Technology

Executive Summary

Wuxi Sunlit Science and Technology Company Limited engages in the research and development, design, manufacture, equipment supply, installation, testing, repair, and maintenance of production lines for manufacturing steel wire products in the People’s Republic of China. More Details


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Wuxi Sunlit Science and Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1289's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-5.7%

1289

-2.1%

HK Machinery

1.2%

HK Market


1 Year Return

-32.5%

1289

38.5%

HK Machinery

2.3%

HK Market

Return vs Industry: 1289 underperformed the Hong Kong Machinery industry which returned 38.5% over the past year.

Return vs Market: 1289 underperformed the Hong Kong Market which returned 2.3% over the past year.


Shareholder returns

1289IndustryMarket
7 Day-5.7%-2.1%1.2%
30 Day0%5.6%7.0%
90 Day1.2%4.3%3.6%
1 Year-32.5%-32.5%41.9%38.5%6.6%2.3%
3 Year-66.3%-68.3%50.9%39.5%-4.7%-15.1%
5 Year-79.1%-80.7%113.7%95.6%19.1%-1.1%

Price Volatility Vs. Market

How volatile is Wuxi Sunlit Science and Technology's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Wuxi Sunlit Science and Technology undervalued compared to its fair value and its price relative to the market?

24.9x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1289's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1289's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1289 is poor value based on its PE Ratio (24.9x) compared to the HK Machinery industry average (12.5x).

PE vs Market: 1289 is poor value based on its PE Ratio (24.9x) compared to the Hong Kong market (11.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1289's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1289 is good value based on its PB Ratio (0.1x) compared to the HK Machinery industry average (0.9x).


Next Steps

Future Growth

How is Wuxi Sunlit Science and Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

5.5%

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 Wuxi Sunlit Science and Technology 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 Wuxi Sunlit Science and Technology performed over the past 5 years?

37.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1289 has a large one-off gain of CN¥7.9M impacting its June 30 2020 financial results.

Growing Profit Margin: 1289's current net profit margins (2.8%) are lower than last year (6.9%).


Past Earnings Growth Analysis

Earnings Trend: 1289 has become profitable over the past 5 years, growing earnings by 37.8% per year.

Accelerating Growth: 1289's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1289 had negative earnings growth (-53.3%) over the past year, making it difficult to compare to the Machinery industry average (-1.6%).


Return on Equity

High ROE: 1289's Return on Equity (0.6%) is considered low.


Next Steps

Financial Health

How is Wuxi Sunlit Science and Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 1289's short term assets (CN¥556.7M) exceed its short term liabilities (CN¥79.4M).

Long Term Liabilities: 1289 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 1289 is debt free.

Reducing Debt: 1289 had no debt 5 years ago.

Debt Coverage: 1289 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1289 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Wuxi Sunlit Science and Technology current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1289's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1289'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 1289's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1289's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1289 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1289'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?

5.3yrs

Average management tenure


CEO

Deqiang Zhang (51 yo)

9.58yrs

Tenure

CN¥579,000

Compensation

Mr. Deqiang Zhang has been General Manager and Executive Director of Wuxi Sunlit Science and Technology Company Limited since March 2011 and July 24, 2012 respectively. Mr. Zhang is one of the founders of ...


CEO Compensation Analysis

Compensation vs Market: Deqiang's total compensation ($USD86.59K) is below average for companies of similar size in the Hong Kong market ($USD233.00K).

Compensation vs Earnings: Deqiang's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Degang Zhang
Chairman8.25yrsCN¥579.00k33.77%
CN¥ 35.9m
Deqiang Zhang
GM & Executive Director9.58yrsCN¥579.00k23.42%
CN¥ 24.9m
Zhao Yuanxing
CFO & Financial Controller5.17yrsno datano data
Jinghua Yang
Personnel & General Affairs Manager and Supervisor8.25yrsCN¥154.00kno data
Guojian Ou
Deputy General Manager4yrsno datano data
Liming Huang
Vice General Manager3.33yrsno datano data
Wing Yan Ho
Company Secretary7.17yrsno datano data
Lili Feng
Secretary to the Board5.33yrsno datano data

5.3yrs

Average Tenure

49.5yo

Average Age

Experienced Management: 1289's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Degang Zhang
Chairman8.25yrsCN¥579.00k33.77%
CN¥ 35.9m
Deqiang Zhang
GM & Executive Director9.58yrsCN¥579.00k23.42%
CN¥ 24.9m
Jinghua Yang
Personnel & General Affairs Manager and Supervisor8.25yrsCN¥154.00kno data
Yuk Ming Ho
Independent Non-Executive Director7.17yrsCN¥100.00kno data
Jinghua Zhang
Non-Executive Director7.17yrsno data3.15%
CN¥ 3.3m
Feng Gao
Non-Executive Director8.25yrsno datano data
Chaojian Liu
Independent Non-Executive Director8.25yrsCN¥100.00kno data
Fuping Gao
Independent Non-Executive Director7.17yrsCN¥100.00kno data
Jiashan Peng
Chairman of the Board of Supervisorsno datano datano data
Yi Wei
Supervisor6.17yrsno datano data

8.3yrs

Average Tenure

52yo

Average Age

Experienced Board: 1289's board of directors are considered experienced (8.3 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Wuxi Sunlit Science and Technology Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wuxi Sunlit Science and Technology Company Limited
  • Ticker: 1289
  • Exchange: SEHK
  • Founded: 2006
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: HK$106.240m
  • Shares outstanding: 128.00m
  • Website: https://www.wxsunlit.com

Number of Employees


Location

  • Wuxi Sunlit Science and Technology Company Limited
  • 1 Yanxin Road East
  • Huishan Economic Development Zone
  • Wuxi
  • Jiangsu Province
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1289SEHK (The Stock Exchange of Hong Kong Ltd.)YesForeign Shares-Foreign ListedHKHKDNov 2014

Biography

Wuxi Sunlit Science and Technology Company Limited engages in the research and development, design, manufacture, equipment supply, installation, testing, repair, and maintenance of production lines for man ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 12:46
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.