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Huazhang Technology Holding

SEHK:1673
Snowflake Description

Moderate growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1673
SEHK
HK$3B
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

Huazhang Technology Holding Limited, an investment holding company, engages in the research and development, manufacture, and sale of industrial automation systems and sludge treatment products in the People’s Republic of China. The last earnings update was 115 days ago. More info.


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  • Huazhang Technology Holding has significant price volatility in the past 3 months.
1673 Share Price and Events
7 Day Returns
-0.6%
SEHK:1673
-3.7%
HK Machinery
-1.1%
HK Market
1 Year Returns
0.6%
SEHK:1673
6.4%
HK Machinery
-6.5%
HK Market
1673 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Huazhang Technology Holding (1673) -0.6% -7.3% -12.3% 0.6% 45.9% 145.5%
HK Machinery -3.7% 0.4% -12% 6.4% 57.5% 42.2%
HK Market -1.1% 3.4% -7.7% -6.5% 17.4% 4.2%
1 Year Return vs Industry and Market
  • 1673 underperformed the Machinery industry which returned 6.4% over the past year.
  • 1673 outperformed the Market in Hong Kong which returned -6.5% over the past year.
Price Volatility
1673
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Huazhang Technology Holding's competitors could be found in our database.

Value

 Is Huazhang Technology Holding 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 Huazhang Technology Holding. This is due to cash flow or dividend data being unavailable. The share price is HK$3.56.
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 Huazhang Technology Holding's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Huazhang Technology Holding's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1673 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥-0.01
SEHK:1673 Share Price ** SEHK (2019-07-12) in HKD HK$3.56
SEHK:1673 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.879 CN¥3.13
Hong Kong Machinery Industry PE Ratio Median Figure of 37 Publicly-Listed Machinery Companies 9.2x
Hong Kong Market PE Ratio Median Figure of 1,503 Publicly-Listed Companies 10.71x

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

** Primary Listing of Huazhang Technology Holding.

SEHK:1673 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1673 Share Price ÷ EPS (both in CNY)

= 3.13 ÷ -0.01

-245.59x

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

  • Huazhang Technology Holding is loss making, we can't compare its value to the HK Machinery industry average.
  • Huazhang Technology Holding is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Huazhang Technology Holding's expected growth come at a high price?
Raw Data
SEHK:1673 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -245.59x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
23.6%per year
Hong Kong Machinery Industry PEG Ratio Median Figure of 12 Publicly-Listed Machinery Companies 0.68x
Hong Kong Market PEG Ratio Median Figure of 477 Publicly-Listed Companies 0.79x

*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 Huazhang Technology Holding, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Huazhang Technology Holding's assets?
Raw Data
SEHK:1673 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥0.98
SEHK:1673 Share Price * SEHK (2019-07-12) in HKD HK$3.56
SEHK:1673 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.879 CN¥3.13
Hong Kong Machinery Industry PB Ratio Median Figure of 50 Publicly-Listed Machinery Companies 0.96x
Hong Kong Market PB Ratio Median Figure of 2,190 Publicly-Listed Companies 0.92x
SEHK:1673 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1673 Share Price ÷ Book Value per Share (both in CNY)

= 3.13 ÷ 0.98

3.21x

* Primary Listing of Huazhang Technology Holding.

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

  • Huazhang Technology Holding is overvalued based on assets compared to the HK Machinery industry average.
X
Value checks
We assess Huazhang Technology Holding'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 Machinery 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 Machinery industry average (and greater than 0)? (1 check)
  5. Huazhang Technology Holding has a total score of 0/6, 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.

Future Performance

 How is Huazhang Technology Holding expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Huazhang Technology Holding, future earnings growth has been estimated based on fundamentals.
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
23.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Huazhang Technology Holding expected to grow at an attractive rate?
  • Huazhang Technology Holding's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Huazhang Technology Holding's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare Huazhang Technology Holding's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1673 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:1673 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 23.6%
Hong Kong Machinery Industry Earnings Growth Rate Market Cap Weighted Average 12.8%
Hong Kong Machinery Industry Revenue Growth Rate Market Cap Weighted Average 10.4%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.2%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.2%

*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:1673 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 CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1673 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:1673 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 798 -38 -9
2018-09-30 705 -43 20
2018-06-30 612 -49 48
2018-03-31 535 -57 43
2017-12-31 458 -65 38
2017-09-30 437 -75 35
2017-06-30 416 -85 31
2017-03-31 417 -67 34
2016-12-31 417 -48 37
2016-09-30 372 -39 33
2016-06-30 327 -30 28
2016-03-31 299 -27 22

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Huazhang Technology Holding's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Huazhang Technology Holding 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:1673 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 Huazhang Technology Holding Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1673 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:1673 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 -0.01
2018-09-30 0.03
2018-06-30 0.07
2018-03-31 0.06
2017-12-31 0.05
2017-09-30 0.05
2017-06-30 0.05
2017-03-31 0.06
2016-12-31 0.08
2016-09-30 0.06
2016-06-30 0.05
2016-03-31 0.04

*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 Huazhang Technology Holding will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Huazhang Technology Holding'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.
Huazhang Technology Holding has a total score of 3/6, 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.

Past Performance

  How has Huazhang Technology Holding 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 Huazhang Technology Holding's growth in the last year to its industry (Machinery).
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.
  • Huazhang Technology Holding does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare Huazhang Technology Holding's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Huazhang Technology Holding's 1-year growth to the HK Machinery industry average as it is not currently profitable.
Earnings and Revenue History
Huazhang Technology Holding'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 Huazhang Technology Holding Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1673 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 797.84 -9.24 63.99 19.59
2018-09-30 704.98 19.52 59.41 19.17
2018-06-30 612.12 48.29 54.84 18.75
2018-03-31 534.82 43.35 50.72 18.26
2017-12-31 457.51 38.41 45.77 17.77
2017-09-30 436.76 34.52 43.91 16.11
2017-06-30 416.01 30.64 42.05 14.46
2017-03-31 416.54 33.80 41.98 13.58
2016-12-31 417.08 36.97 41.92 12.71
2016-09-30 372.17 32.65 39.78 12.31
2016-06-30 327.26 28.33 37.64 11.91
2016-03-31 298.56 22.17 38.66 11.63
2015-12-31 268.81 15.91 37.45 11.28
2015-09-30 299.97 25.21 35.97 12.91
2015-06-30 305.01 27.56 34.21 12.84
2015-03-31 322.85 33.81 35.72 12.46
2014-12-31 289.47 31.66 32.35 11.46
2014-09-30 260.99 24.37 32.75 9.83
2014-06-30 247.85 22.86 34.43 8.13
2014-03-31 228.71 21.72 36.97 5.87
2013-12-31 211.88 17.61 37.34 5.97
2013-09-30 205.31 15.78 38.45 6.64
2013-06-30 199.06 14.00 37.24 6.78
2013-03-31 177.17 9.43 31.38 7.82
2012-12-31 197.77 15.73 31.37 6.93
2012-09-30 187.34 15.18 28.98 5.36

*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 Huazhang Technology Holding has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Huazhang Technology Holding has efficiently used its assets last year compared to the HK Machinery industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Huazhang Technology Holding 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 Huazhang Technology Holding'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 Machinery 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.
Huazhang Technology Holding 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.

Health

 How is Huazhang Technology Holding'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 Huazhang Technology Holding's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Huazhang Technology Holding is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Huazhang Technology Holding's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Huazhang Technology Holding'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 8.9x 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 Huazhang Technology Holding Company Filings, last reported 6 months ago.

SEHK:1673 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 705.94 121.85 93.32
2018-09-30 705.94 121.85 93.32
2018-06-30 766.60 97.57 72.88
2018-03-31 766.60 97.57 72.88
2017-12-31 651.85 122.23 88.44
2017-09-30 651.85 122.23 88.44
2017-06-30 320.32 75.45 50.55
2017-03-31 320.32 75.45 50.55
2016-12-31 280.41 6.50 41.91
2016-09-30 280.41 6.50 41.91
2016-06-30 275.94 5.08 63.36
2016-03-31 268.68 4.48 61.69
2015-12-31 253.98 9.31 95.02
2015-09-30 248.67 9.11 93.03
2015-06-30 169.48 17.60 37.54
2015-03-31 169.43 17.59 37.53
2014-12-31 165.19 17.60 86.66
2014-09-30 155.37 17.39 72.62
2014-06-30 157.70 17.65 73.70
2014-03-31 144.79 0.00 51.63
2013-12-31 141.06 0.00 50.30
2013-09-30 139.08 0.00 63.87
2013-06-30 139.54 0.00 64.08
2013-03-31
2012-12-31 72.56 4.96 18.46
2012-09-30 63.52 19.96 35.53
  • Huazhang Technology Holding's level of debt (17.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 17.3% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Huazhang Technology Holding is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Huazhang Technology Holding'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. Huazhang Technology Holding 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.

Dividends

 What is Huazhang Technology Holding'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
0.82%
Current annual income from Huazhang Technology Holding dividends.
If you bought HK$2,000 of Huazhang Technology Holding shares you are expected to receive HK$16 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?
  • Huazhang Technology Holding's pays a lower dividend yield than the bottom 25% of dividend payers in Hong Kong (2.08%).
  • Huazhang Technology Holding's dividend is below the markets top 25% of dividend payers in Hong Kong (5.73%).
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:1673 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 Machinery Industry Average Dividend Yield Market Cap Weighted Average of 26 Stocks 3.2%
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:1673 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
SEHK:1673 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2018-09-21 0.026 0.807
2017-09-05 0.019 0.630
2016-11-11 0.017 0.705
2016-03-18 0.000 0.000
2016-02-29 0.000 0.000
2015-10-09 0.019 1.637
2015-09-17 0.019 1.361
2015-02-09 0.020 1.292
2014-09-30 0.020 1.407
2014-09-05 0.020 1.654
2013-09-27 0.013 1.172
2013-09-25 0.013 1.223

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

  • Huazhang Technology Holding is not paying a notable dividend for Hong Kong, therefore no need to check if the payments are stable.
  • Huazhang Technology Holding is not paying a notable dividend for Hong Kong, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of Huazhang Technology Holding's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of Huazhang Technology Holding's dividends as it is not paying a notable one for Hong Kong.
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 Huazhang Technology Holding'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 Huazhang Technology Holding afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Huazhang Technology Holding 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.

Management

 What is the CEO of Huazhang Technology Holding'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
Ai Yan Wang
COMPENSATION CN¥948,583
AGE 52
TENURE AS CEO 4.8 years
CEO Bio

Mr. Ai Yan Wang has been Chief Executive Officer and Executive Director of Huazhang Technology Holding Limited since October 01, 2014. Mr. Wang oversees the Huazhang Technology's daily operation and accounting and financial matters. He has over 20 years of experience in the mechanical and engineering industry. He served as an Assistant Engineer at the Hangzhou Project and Research Institute of Electro-mechanic in Light Industry from 1987 to 1993. From 1993 to 1996, he served as the Vice General Manager at Hangzhou Huazhang Microelectronics Company Limited. He served as the Vice General Manager at Hangzhou Yiyi Corporate Management Consultation Limited (then known as Hangzhou Huazhang Electric Engineering Company Limited from December 1996 to August 2006. He served as a Director and General Manager at Zhejiang Huazhang Automation Equipment Company Limited from September 2006 to September 2014. Mr. Wang holds bachelor's degree in Electrical automation and an EMBA degree from Zhejiang University in 1992 and 2014, respectively.

CEO Compensation
  • Ai Yan's compensation has increased whilst company is loss making.
  • Ai Yan's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Huazhang Technology Holding management team in years:

4.8
Average Tenure
54
Average Age
  • The tenure for the Huazhang Technology Holding management team is about average.
Management Team

Gen Rong Zhu

TITLE
Chairman & President
COMPENSATION
CN¥1M
AGE
56

Ai Yan Wang

TITLE
CEO & Executive Director
COMPENSATION
CN¥949K
AGE
52
TENURE
4.8 yrs

Hao Jin

TITLE
Compliance Officer & Executive Director
COMPENSATION
CN¥570K
AGE
48

So Kuen Chan

TITLE
CFO & Company Secretary
AGE
39
TENURE
5.4 yrs

Huiqun Liang

TITLE
Chief Investment Officer & Executive Director
AGE
56
TENURE
0.5 yrs

Chuan Jiang Liu

TITLE
Executive Director
AGE
56
Board of Directors Tenure

Average tenure and age of the Huazhang Technology Holding board of directors in years:

4.8
Average Tenure
54
Average Age
  • The tenure for the Huazhang Technology Holding board of directors is about average.
Board of Directors

Gen Rong Zhu

TITLE
Chairman & President
COMPENSATION
CN¥1M
AGE
56

Ai Yan Wang

TITLE
CEO & Executive Director
COMPENSATION
CN¥949K
AGE
52
TENURE
4.8 yrs

Hao Jin

TITLE
Compliance Officer & Executive Director
COMPENSATION
CN¥570K
AGE
48
TENURE
6.2 yrs

Huiqun Liang

TITLE
Chief Investment Officer & Executive Director
AGE
56
TENURE
0.5 yrs

Chuan Jiang Liu

TITLE
Executive Director
AGE
56
TENURE
0.5 yrs

Tian Zhu Dai

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥100K
AGE
65
TENURE
6.2 yrs

Roy Kong

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥100K
AGE
43
TENURE
6.2 yrs

Heng Keith

TITLE
Independent Non-Executive Director
AGE
39
TENURE
0.5 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Huazhang Technology Holding individual insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
06. Jul 19 Buy Florescent Holdings Limited Company 04. Jul 19 04. Jul 19 1,330,000 HK$3.67 HK$4,881,095
05. Jul 19 Buy Gen Rong Zhu Individual 04. Jul 19 04. Jul 19 1,330,000 HK$3.67 HK$4,881,095
04. Jul 19 Buy Gen Rong Zhu Individual 03. Jul 19 03. Jul 19 2,000,000 HK$3.60 HK$7,200,004
26. Jun 19 Buy Gen Rong Zhu Individual 21. Jun 19 21. Jun 19 38,000 HK$3.81 HK$144,780
12. Jun 19 Buy Gen Rong Zhu Individual 06. Jun 19 06. Jun 19 544,000 HK$3.70 HK$2,012,800
12. Jun 19 Buy Gen Rong Zhu Individual 10. Jun 19 10. Jun 19 74,000 HK$3.80 HK$281,200
12. Jun 19 Buy Gen Rong Zhu Individual 11. Jun 19 11. Jun 19 84,000 HK$3.90 HK$327,600
05. Jun 19 Buy Ali Yan Wang Individual 05. Jun 19 05. Jun 19 12,000 HK$3.20 HK$38,400
05. Jun 19 Buy Gen Rong Zhu Individual 05. Jun 19 05. Jun 19 114,000 HK$3.41 HK$388,740
31. May 19 Buy Ali Yan Wang Individual 28. May 19 28. May 19 76,000 HK$3.27 HK$248,520
08. May 19 Buy Ali Yan Wang Individual 06. May 19 06. May 19 46,000 HK$3.80 HK$174,800
15. Apr 19 Buy Ali Yan Wang Individual 12. Apr 19 12. Apr 19 20,000 HK$4.00 HK$80,000
02. Nov 18 Buy Florescent Holdings Limited Company 31. Oct 18 31. Oct 18 70,000 HK$2.99 HK$209,160
X
Management checks
We assess Huazhang Technology Holding'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. Huazhang Technology Holding 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.

News

Simply Wall St News

Does Huazhang Technology Holding Limited (HKG:1673) Have A Particularly Volatile Share Price?

Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … If this beta value holds true in the future, Huazhang Technology Holding shares are likely to rise more than the market when the market is going up, but fall faster when the market is going down. … What this means for you: Beta only tells us that the Huazhang Technology Holding share price is sensitive to broader market movements.

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Did Huazhang Technology Holding Limited (HKG:1673) Insiders Buy Up More Shares?

As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' See our latest analysis for Huazhang Technology Holding The Last 12 Months Of Insider Transactions At Huazhang Technology Holding In the last twelve months, the biggest single purchase by an insider was when Chairman & President Gen Rong Zhu bought HK$2.0m worth of shares at a price of HK$3.70 per share. … SEHK:1673 Recent Insider Trading, June 14th 2019 Huazhang Technology Holding is not the only stock that insiders are buying. … Insiders at Huazhang Technology Holding Have Bought Stock Recently Over the last three months, we've seen significant insider buying at Huazhang Technology Holding.

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Is Huazhang Technology Holding Limited's (HKG:1673) CEO Pay Justified?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … See our latest analysis for Huazhang Technology Holding … How Does Ai Yan Wang's Compensation Compare With Similar Sized Companies?

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The Huazhang Technology Holding (HKG:1673) Share Price Has Gained 228%, So Why Not Pay It Some Attention?

One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Huazhang Technology Holding's earnings per share are down 2.0% per year, despite strong share price performance over five years. … The chart below shows how revenue and earnings have changed with time, (if you click on the chart you can see the actual values)

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Despite Its High P/E Ratio, Is Huazhang Technology Holding Limited (HKG:1673) Still Undervalued?

We'll look at Huazhang Technology Holding Limited's (HKG:1673) P/E ratio and reflect on what it tells us about the company's share price. … Huazhang Technology Holding has a price to earnings ratio of 54.47, based on the last twelve months. … Price to Earnings Ratio = Price per Share (in the reporting currency) ÷ Earnings per Share (EPS)

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Huazhang Technology Holding Limited (HKG:1673) Insiders Have Been Selling

So we'll take a look at whether insiders have been buying or selling shares in Huazhang Technology Holding Limited (HKG:1673). … But logic dictates you should pay some attention to whether insiders are buying or selling shares. … The Last 12 Months Of Insider Transactions At Huazhang Technology Holding.

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Does Huazhang Technology Holding Limited's (HKG:1673) CEO Pay Reflect Performance?

Ai Yan Wang has been the CEO of Huazhang Technology Holding Limited (HKG:1673) since 2014. … First, this article will compare CEO compensation with compensation at similar sized companies. … How Does Ai Yan Wang's Compensation Compare With Similar Sized Companies?

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Can Huazhang Technology Holding Limited (HKG:1673) Improve Its Returns?

To keep the lesson grounded in practicality, we'll use ROE to better understand Huazhang Technology Holding Limited (HKG:1673). … Huazhang Technology Holding has a ROE of 6.2%, based on the last twelve months. … Return on Equity = Net Profit ÷ Shareholders' Equity

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Huazhang Technology Holding Limited’s (HKG:1673) Investment Returns Are Lagging Its Industry

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

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What You Must Know About Huazhang Technology Holding Limited's (HKG:1673) Financial Strength

Huazhang Technology Holding Limited (HKG:1673) is a small-cap stock with a market capitalization of HK$2.2b. … 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. … Assessing first and foremost the financial health is.

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Company Info

Description

Huazhang Technology Holding Limited, an investment holding company, engages in the research and development, manufacture, and sale of industrial automation systems and sludge treatment products in the People’s Republic of China. It operates through four segments: Industrial Products, Project Contracting Services, Environmental Products, and Supporting Services. The company offers paper-making-related production machines and equipment, and automation system to control production process; system integration of paper-making equipment; and services to design industrial automation system or clean manufacturing products. It also provides treatment for wastewater, sludge, and solid waste produced in papermaking process by paper-making companies; and sludge treatment products, such as ordinary filter press and steel-belt filter press. In addition, the company’s wastewater treatment business includes design of wastewater treatment facility, equipment installation work, and auxiliary services; and solid waste treatment business comprise the introduction of the refuse derived fuel technology to convert wastes into combustible fuels for paper-making companies. Further, it provides after-sale and maintenance services, sale of paper-making equipment parts, and other paper-making plant-related services. Additionally, Huazhang Technology Holding Limited trades in electronic parts; provides computer software and hardware, and technical services; researches, develops, and distributes head boxes used in papermaking production line; and provides logistics and warehousing services to papermaking factories. The company was incorporated in 2012 and is headquartered in Tongxiang, the People’s Republic of China. Huazhang Technology Holding Limited is a subsidiary of Florescent Holdings Limited.

Details
Name: Huazhang Technology Holding Limited
1673
Exchange: SEHK
Founded: 2012
HK$2,612,531,721
733,857,225
Website: http://www.hzeg.com
Address: Huazhang Technology Holding Limited
1360 Zhenhua Road,
No. 2 Industrial Area,
Tongxiang,
Zhejiang Province, China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1673 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 16. May 2013
Number of employees
Current staff
Staff numbers
325
Huazhang Technology Holding employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/15 12:58
End of day share price update: 2019/07/12 00:00
Last estimates confirmation: 2018/09/21
Last earnings filing: 2019/03/22
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.