Huazhang Technology Holding
Market Cap
HK$2.1b
Last Updated
2020/02/17 12:59 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.
Snowflake Analysis
Mediocre balance sheet with weak fundamentals.
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 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-0.7%
1673
4.6%
HK Machinery
1.7%
HK Market
1 Year Return
-35.2%
1673
24.7%
HK Machinery
-2.9%
HK Market
Return vs Industry: 1673 underperformed the Hong Kong Machinery industry which returned 24.7% over the past year.
Return vs Market: 1673 underperformed the Hong Kong Market which returned -2.9% over the past year.
Shareholder returns
| 1673 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.7% | 4.6% | 1.7% |
| 30 Day | 7.0% | -2.1% | -4.8% |
| 90 Day | -10.5% | 12.1% | 3.4% |
| 1 Year | -35.2%-35.2% | 28.4%24.7% | 0.7%-2.9% |
| 3 Year | 19.2%17.3% | 63.5%53.1% | 15.3%3.6% |
| 5 Year | 55.6%50.4% | 64.9%50.6% | 15.9%-3.5% |
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
1 week ago | Simply Wall St
Did You Miss Huazhang Technology Holding's (HKG:1673) 54% Share Price Gain?1 month ago | Simply Wall St
Are Insiders Buying Huazhang Technology Holding Limited (HKG:1673) Stock?1 month ago | Simply Wall St
Huazhang Technology Holding (HKG:1673) Has A Somewhat Strained Balance SheetValuation
Is Huazhang Technology Holding undervalued compared to its fair value and its price relative to the market?
2.93x
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 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 overvalued based on its PB Ratio (2.9x) 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?
13.6%
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
- Take a look at our analysis of 1673’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.
- 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?
-35.0%
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 -35% 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 (7.3%).
Return on Equity
High ROE: 1673 has a negative Return on Equity (-19.84%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Huazhang Technology Holding's financial position?
Financial Position Analysis
Short Term Liabilities: 1673's short term assets (CN¥938.7M) exceed its short term liabilities (CN¥598.6M).
Long Term Liabilities: 1673's short term assets (CN¥938.7M) exceed its long term liabilities (CN¥32.4M).
Debt to Equity History and Analysis
Debt Level: 1673's debt to equity ratio (21.4%) is considered satisfactory.
Reducing Debt: 1673's debt to equity ratio has increased from 11.2% to 21.4% over the past 5 years.
Balance Sheet
Inventory Level: 1673 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 1673's debt is covered by short term assets (assets are 6.7x debt).
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 been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: 1673 has been profitable on average in the past, therefore cash runway is not a concern.
Next Steps
Dividend
What is Huazhang Technology Holding's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 1673's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 1673's dividend yield against the top 25% of dividend payers, as the company has not reported any 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?
6.0yrs
Average board tenure
CEO
Ai Yan Wang (52yo)
5.3yrs
Tenure
CN¥995,381
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 ($USD142.48K) is below average for companies of similar size in the Hong Kong market ($USD284.67K).
Compensation vs Earnings: Ai Yan's compensation has increased whilst the company is unprofitable.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman & President | 0yrs | CN¥1.09m | 0.24% CN¥4.9m | |
| Group CEO & Executive Director | 5.3yrs | CN¥995.38k | no data | |
| Compliance Officer & Executive Director | 6.8yrs | CN¥732.75k | no data | |
| Executive Director | 1.1yrs | CN¥1.36m | no data | |
| Independent Non-Executive Director | 6.8yrs | CN¥99.76k | no data | |
| Independent Non-Executive Director | 6.8yrs | CN¥99.76k | no data | |
| Independent Non-Executive Director | 1.1yrs | no data | no data |
6.0yrs
Average Tenure
52yo
Average Age
Experienced Board: 1673's board of directors are considered experienced (6 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 been diluted in the past year, with total shares outstanding growing by 8%.
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$2.055b
- Shares outstanding: 733.86m
- Website: https://www.hzeg.com
Number of Employees
Location
- Huazhang Technology Holding Limited
- 1360 Zhenhua Road
- No. 2 Industrial Area
- Tongxiang
- 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’s Republic of China. It operates through four segments: Industrial Products, Project Contracting Services, Environmental Products, and Supporting Services. The company offers paper-making machines and equipment; design, project management, and installation services; and wastewater treatment and refuse derived fuel products and services. It also provides after-sales, machine running, and renovation services; computer software and hardware, and technical services; supply chain financial services to papermaking companies; and logistics and warehousing services to papermaking factories. In addition, the company trades in electronic parts; and researches, develops, and distributes head boxes used in papermaking production line. 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.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 12:59 |
| End of Day Share Price | 2020/02/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2019/06/30 |
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.