Huazhang Technology Holding
Market Cap
HK$549.7m
Last Updated
2021/01/27 10:13 UTC
Data Sources
Company Financials
Executive Summary
Huazhang Technology Holding Limited, an investment holding company, engages in the research, development, manufacture, and sale of industrial automation systems and sludge treatment products in the People’s Republic of China. More Details
Risk Analysis
Snowflake Analysis
Excellent balance sheet and overvalued.
Share Price & News
How has Huazhang Technology Holding's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1673 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 20% a week.
Volatility Over Time: 1673's weekly volatility has increased from 13% to 20% over the past year.
Market Performance
7 Day Return
7.2%
1673
-1.0%
HK Machinery
-2.0%
HK Market
1 Year Return
-75.3%
1673
61.1%
HK Machinery
19.3%
HK Market
Return vs Industry: 1673 underperformed the Hong Kong Machinery industry which returned 52.6% over the past year.
Return vs Market: 1673 underperformed the Hong Kong Market which returned 15.9% over the past year.
Shareholder returns
| 1673 | Industry | Market | |
|---|---|---|---|
| 7 Day | 7.2% | -1.0% | -2.0% |
| 30 Day | 37.0% | 21.5% | 12.0% |
| 90 Day | -40.8% | 28.1% | 18.6% |
| 1 Year | -75.3%-75.3% | 65.0%61.1% | 24.0%19.3% |
| 3 Year | -82.5%-82.7% | 76.2%62.6% | -3.5%-13.7% |
| 5 Year | -41.9%-43.3% | 247.9%215.9% | 71.5%42.4% |
Long-Term Price Volatility Vs. Market
How volatile is Huazhang Technology Holding's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall St
Huazhang Technology Holding (HKG:1673) Is Making Moderate Use Of Debt4 months ago | Simply Wall St
Huazhang Technology Holding's (HKG:1673) Stock Price Has Reduced 67% In The Past Three Years5 months ago | Simply Wall St
Has Huazhang Technology Holding (HKG:1673) Got What It Takes To Become A Multi-Bagger?Valuation
Is Huazhang Technology Holding undervalued compared to its fair value and its price relative to the market?
0.79x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 1673's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 1673's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 1673 is unprofitable, so we can't compare its PE Ratio to the HK Machinery industry average.
PE vs Market: 1673 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 1673's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1673 is good value based on its PB Ratio (0.8x) compared to the HK Machinery industry average (1x).
Next Steps
Future Growth
How is Huazhang Technology Holding forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
7.5%
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 Huazhang 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.
Next Steps
- Examine Huazhang Technology Holding's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Huazhang Technology Holding competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Huazhang Technology Holding performed over the past 5 years?
-61.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1673 is currently unprofitable.
Growing Profit Margin: 1673 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 1673 is unprofitable, and losses have increased over the past 5 years at a rate of 61% per year.
Accelerating Growth: Unable to compare 1673's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1673 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-0.9%).
Return on Equity
High ROE: 1673 has a negative Return on Equity (-13.52%), as it is currently unprofitable.
Next Steps
Financial Health
How is Huazhang Technology Holding's financial position?
Financial Position Analysis
Short Term Liabilities: 1673's short term assets (CN¥908.4M) exceed its short term liabilities (CN¥767.3M).
Long Term Liabilities: 1673's short term assets (CN¥908.4M) exceed its long term liabilities (CN¥34.3M).
Debt to Equity History and Analysis
Debt Level: 1673's debt to equity ratio (35.7%) is considered satisfactory.
Reducing Debt: 1673's debt to equity ratio has increased from 10.2% to 35.7% 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: 1673 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 1673 has sufficient cash runway for 1.6 years if free cash flow continues to reduce at historical rates of 21.4% each year.
Next Steps
Dividend
What is Huazhang Technology Holding current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1673's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1673'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 1673's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1673's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 1673 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 1673'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?
7.0yrs
Average board tenure
CEO
Ai Yan Wang (53 yo)
6.25yrs
Tenure
CN¥1,051,693
Compensation
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 accoun...
CEO Compensation Analysis
Compensation vs Market: Ai Yan's total compensation ($USD162.70K) is about average for companies of similar size in the Hong Kong market ($USD231.60K).
Compensation vs Earnings: Ai Yan's compensation has increased whilst the company is unprofitable.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & President | no data | CN¥1.11m | 0.28% CN¥ 1.5m | |
| Group CEO & Executive Director | 6.25yrs | CN¥1.05m | no data | |
| Compliance Officer & Executive Director | 7.67yrs | CN¥543.19k | no data | |
| Executive Director | 2yrs | CN¥798.19k | no data | |
| Independent Non-Executive Director | 7.67yrs | CN¥108.38k | no data | |
| Independent Non-Executive Director | 7.67yrs | CN¥108.38k | no data | |
| Independent Non-Executive Director | 2yrs | CN¥108.38k | no data |
7.0yrs
Average Tenure
53yo
Average Age
Experienced Board: 1673's board of directors are considered experienced (7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 1673 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
Huazhang Technology Holding Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Huazhang Technology Holding Limited
- Ticker: 1673
- Exchange: SEHK
- Founded: 2012
- Industry: Industrial Machinery
- Sector: Capital Goods
- Market Cap: HK$549.671m
- Shares outstanding: 732.90m
- Website: https://www.hzeg.com
Number of Employees
Location
- Huazhang Technology Holding Limited
- Canal Advertising Industry Building
- Room 1101, Block 2
- Hangzhou
- Zhejiang Province
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1673 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | May 2013 |
Biography
Huazhang Technology Holding Limited, an investment holding company, engages in the research, development, manufacture, and sale of industrial automation systems and sludge treatment products in the People’...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/27 10:13 |
| End of Day Share Price | 2021/01/27 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2020/06/30 |
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.