1301

D&G Technology HoldingSEHK:1301 Stock Report

Market Cap

HK$780.1m

7D

-1.6%

1Y

10.9%

Updated

23 Sep, 2021

Data

Company Financials
1301 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance1/6
Financial Health5/6
Dividends0/6

1301 Overview

D&G Technology Holding Company Limited, together with its subsidiaries, engages in the research, development, manufacture, distribution, and leasing of asphalt mixing plants in the People’s Republic of China and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for D&G Technology Holding
Historical stock prices
Current Share PriceHK$1.22
52 Week HighHK$1.08
52 Week LowHK$1.43
Beta0.020
1 Month Change-10.95%
3 Month Change-11.59%
1 Year Change10.91%
3 Year Change29.79%
5 Year Change5.17%
Change since IPO-53.44%

Recent News & Updates

Sep 21
Shareholders Can Be Confident That D&G Technology Holding's (HKG:1301) Earnings Are High Quality

Shareholders Can Be Confident That D&G Technology Holding's (HKG:1301) Earnings Are High Quality

D&G Technology Holding Company Limited ( HKG:1301 ) announced strong profits, but the stock was stagnant. We did some...

Shareholder Returns

1301HK MachineryHK Market
7D-1.6%-4.2%-3.4%
1Y10.9%32.3%5.6%

Return vs Industry: 1301 underperformed the Hong Kong Machinery industry which returned 32.3% over the past year.

Return vs Market: 1301 exceeded the Hong Kong Market which returned 5.6% over the past year.

Price Volatility

Is 1301's price volatile compared to industry and market?
1301 volatility
1301 Beta0.020
Industry Beta0.96
Market Beta1

Stable Share Price: 1301 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: 1301's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999385Glendy Choihttps://www.dgtechnology.com

D&G Technology Holding Company Limited, together with its subsidiaries, engages in the research, development, manufacture, distribution, and leasing of asphalt mixing plants in the People’s Republic of China and internationally. Its products include conventional and recycling hot-mix asphalt mixing plants. The company also engages in the selling of spare parts and components; and provides equipment modification services, including modifying conventional plants, installing components with recycling functions, upgrading control systems, and other customized services.

D&G Technology Holding Fundamentals Summary

How do D&G Technology Holding's earnings and revenue compare to its market cap?
1301 fundamental statistics
Market CapCN¥647.48m
Earnings (TTM)CN¥17.99m
Revenue (TTM)CN¥447.68m

36.0x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1301 income statement (TTM)
RevenueCN¥447.68m
Cost of RevenueCN¥317.82m
Gross ProfitCN¥129.86m
ExpensesCN¥111.87m
EarningsCN¥17.99m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.029
Gross Margin29.01%
Net Profit Margin4.02%
Debt/Equity Ratio4.2%

How did 1301 perform over the long term?

See historical performance and comparison

Valuation

Is D&G Technology Holding undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1301 (HK$1.22) is trading below our estimate of fair value (HK$19.45)

Significantly Below Fair Value: 1301 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1301 is poor value based on its PE Ratio (36x) compared to the Hong Kong Machinery industry average (11.8x).

PE vs Market: 1301 is poor value based on its PE Ratio (36x) compared to the Hong Kong market (9.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1301's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1301's PB Ratio (1x) is in line with the HK Machinery industry average.


Future Growth

How is D&G Technology Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.2%

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 D&G Technology Holding 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.


Past Performance

How has D&G Technology Holding performed over the past 5 years?

-10.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1301 has a large one-off gain of CN¥21.4M impacting its June 30 2021 financial results.

Growing Profit Margin: 1301 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 1301's earnings have declined by 10.9% per year over the past 5 years.

Accelerating Growth: 1301 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 1301 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Machinery industry (23.8%).


Return on Equity

High ROE: 1301's Return on Equity (2.7%) is considered low.


Financial Health

How is D&G Technology Holding's financial position?


Financial Position Analysis

Short Term Liabilities: 1301's short term assets (CN¥777.5M) exceed its short term liabilities (CN¥317.8M).

Long Term Liabilities: 1301's short term assets (CN¥777.5M) exceed its long term liabilities (CN¥6.4M).


Debt to Equity History and Analysis

Debt Level: 1301's debt to equity ratio (4.2%) is considered satisfactory.

Reducing Debt: 1301's debt to equity ratio has reduced from 5.2% to 4.2% over the past 5 years.

Debt Coverage: 1301's debt is well covered by operating cash flow (510.9%).

Interest Coverage: Insufficient data to determine if 1301's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is D&G Technology Holding current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1301's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1301'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 1301's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1301's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1301 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 1301'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?

6.6yrs

Average board tenure


CEO

Glendy Choi (50 yo)

no data

Tenure

CN¥1,852,000

Compensation

Ms. Kwan Li Choi, also Known as Glendy, serves as the Chief Executive Officer of D&G Technology Holding Company Ltd. Ms. Choi is primarily responsible for overseeing the corporate management of Group and t...


CEO Compensation Analysis

Compensation vs Market: Glendy's total compensation ($USD286.59K) is about average for companies of similar size in the Hong Kong market ($USD228.72K).

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


Board Members

Experienced Board: 1301's board of directors are considered experienced (6.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 1301 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.8%.


Top Shareholders

Company Information

D&G Technology Holding Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: D&G Technology Holding Company Limited
  • Ticker: 1301
  • Exchange: SEHK
  • Founded: 1999
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: HK$780.078m
  • Shares outstanding: 639.41m
  • Website: https://www.dgtechnology.com

Number of Employees


Location

  • D&G Technology Holding Company Limited
  • Hing Lung Commercial Building
  • 7th Floor
  • Sheung Wan
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 16:04
End of Day Share Price2021/09/23 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.