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Asia Tele-Net and Technology

SEHK:679
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
679
SEHK
HK$576M
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

Asia Tele-Net and Technology Corporation Limited, an investment holding company, designs, manufactures, and sells electroplating machinery and other industrial machinery. The last earnings update was 30 days ago. More info.


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679 Share Price and Events
7 Day Returns
0%
SEHK:679
-5.5%
HK Machinery
-1.9%
HK Market
1 Year Returns
-4.9%
SEHK:679
9.7%
HK Machinery
-5.8%
HK Market
679 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Asia Tele-Net and Technology (679) 0% 0% 15.4% -4.9% 82.4% 214%
HK Machinery -5.5% 3.5% 19.4% 9.7% 61.5% 38.7%
HK Market -1.9% 2.5% 7.1% -5.8% 25.4% 19.3%
1 Year Return vs Industry and Market
  • 679 underperformed the Machinery industry which returned 9.7% over the past year.
Price Volatility
679
Industry
5yr Volatility vs Market

679 Value

 Is Asia Tele-Net and Technology 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 Asia Tele-Net and Technology. This is due to cash flow or dividend data being unavailable. The share price is HK$1.35.
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 Asia Tele-Net and Technology's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Asia Tele-Net and Technology's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:679 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$0.20
SEHK:679 Share Price ** SEHK (2019-04-25) in HKD HK$1.35
Hong Kong Machinery Industry PE Ratio Median Figure of 32 Publicly-Listed Machinery Companies 9.71x
Hong Kong Market PE Ratio Median Figure of 1,477 Publicly-Listed Companies 11.88x

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

** Primary Listing of Asia Tele-Net and Technology.

SEHK:679 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:679 Share Price ÷ EPS (both in HKD)

= 1.35 ÷ 0.20

6.81x

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

  • Asia Tele-Net and Technology is good value based on earnings compared to the HK Machinery industry average.
  • Asia Tele-Net and Technology is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Asia Tele-Net and Technology's expected growth come at a high price?
Raw Data
SEHK:679 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 6.81x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
6.8%per year
Hong Kong Machinery Industry PEG Ratio Median Figure of 11 Publicly-Listed Machinery Companies 0.9x
Hong Kong Market PEG Ratio Median Figure of 465 Publicly-Listed Companies 0.85x

*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 Asia Tele-Net and Technology, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Asia Tele-Net and Technology's assets?
Raw Data
SEHK:679 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$3.00
SEHK:679 Share Price * SEHK (2019-04-25) in HKD HK$1.35
Hong Kong Machinery Industry PB Ratio Median Figure of 46 Publicly-Listed Machinery Companies 0.92x
Hong Kong Market PB Ratio Median Figure of 2,150 Publicly-Listed Companies 1x
SEHK:679 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:679 Share Price ÷ Book Value per Share (both in HKD)

= 1.35 ÷ 3.00

0.45x

* Primary Listing of Asia Tele-Net and Technology.

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

  • Asia Tele-Net and Technology is good value based on assets compared to the HK Machinery industry average.
X
Value checks
We assess Asia Tele-Net and Technology'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. Asia Tele-Net and Technology has a total score of 3/6, 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.

679 Future Performance

 How is Asia Tele-Net and Technology expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Asia Tele-Net and Technology, 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
6.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Asia Tele-Net and Technology expected to grow at an attractive rate?
  • Asia Tele-Net and Technology's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Asia Tele-Net and Technology's earnings growth is positive but not above the Hong Kong market average.
  • Unable to compare Asia Tele-Net and Technology's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:679 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:679 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 6.8%
Hong Kong Machinery Industry Earnings Growth Rate Market Cap Weighted Average 13.1%
Hong Kong Machinery Industry Revenue Growth Rate Market Cap Weighted Average 10.2%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 11.2%

*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:679 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:679 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 343 85
2018-09-30 416 119
2018-06-30 489 -110 154
2018-03-31 645 -118 182
2017-12-31 801 -126 209
2017-09-30 800 -47 547
2017-06-30 799 32 884
2017-03-31 701 25 823
2016-12-31 602 17 762
2016-09-30 573 23 384
2016-06-30 544 28 7
2016-03-31 484 27 18

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Asia Tele-Net and Technology's earnings are expected to grow by 6.8% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Asia Tele-Net and Technology 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:679 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Asia Tele-Net and Technology Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:679 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 0.20
2018-09-30 0.28
2018-06-30 0.36
2018-03-31 0.43
2017-12-31 0.49
2017-09-30 1.28
2017-06-30 2.07
2017-03-31 1.93
2016-12-31 1.79
2016-09-30 0.90
2016-06-30 0.02
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 Asia Tele-Net and Technology will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Asia Tele-Net and Technology'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.
Asia Tele-Net and Technology has a total score of 1/6, 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.

679 Past Performance

  How has Asia Tele-Net and Technology 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 Asia Tele-Net and Technology'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.
  • Asia Tele-Net and Technology has delivered over 20% year on year earnings growth in the past 5 years.
  • Asia Tele-Net and Technology's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Asia Tele-Net and Technology's 1-year earnings growth is negative, it can't be compared to the HK Machinery industry average.
Earnings and Revenue History
Asia Tele-Net and Technology'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 Asia Tele-Net and Technology Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:679 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 342.75 84.51 123.32
2018-09-30 415.71 119.30 126.24
2018-06-30 488.66 154.08 129.16
2018-03-31 644.81 181.78 126.85
2017-12-31 800.97 209.48 124.55
2017-09-30 800.11 546.57 138.26
2017-06-30 799.26 883.65 151.97
2017-03-31 700.58 822.82 145.84
2016-12-31 601.90 762.00 139.72
2016-09-30 573.16 384.45 118.27
2016-06-30 544.43 6.91 96.82
2016-03-31 484.12 17.96 98.03
2015-12-31 423.81 29.01 99.25
2015-09-30 456.42 32.68 100.10
2015-06-30 489.04 36.35 100.95
2015-03-31 523.68 23.12 102.60
2014-12-31 558.32 9.89 104.25
2014-09-30 550.53 9.51 113.00
2014-06-30 542.75 9.13 121.75
2014-03-31 506.80 8.87 121.82
2013-12-31 470.84 8.61 121.90
2013-09-30 444.55 7.37 121.01
2013-06-30 418.27 6.14 120.12
2013-03-31 400.52 -7.71 120.05
2012-12-31 382.77 -21.57 119.98
2012-09-30 376.05 -46.52 119.87
2012-06-30 369.32 -71.47 119.76

*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.
  • Asia Tele-Net and Technology has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • It is difficult to establish if Asia Tele-Net and Technology 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 Asia Tele-Net and Technology 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 Asia Tele-Net and Technology'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.
Asia Tele-Net and Technology has a total score of 1/6, 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.

679 Health

 How is Asia Tele-Net and Technology'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 Asia Tele-Net and Technology's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Asia Tele-Net and Technology is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Asia Tele-Net and Technology's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Asia Tele-Net and Technology'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.
  • Asia Tele-Net and Technology has no debt, it does not need to be covered by short term assets.
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 Asia Tele-Net and Technology Company Filings, last reported 3 months ago.

SEHK:679 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 1,279.20 0.00 170.61
2018-09-30 1,279.20 0.00 170.61
2018-06-30 1,313.89 0.00 211.97
2018-03-31 1,313.89 0.00 211.97
2017-12-31 1,304.74 0.00 211.03
2017-09-30 1,304.74 0.00 211.03
2017-06-30 1,177.66 0.00 331.27
2017-03-31 1,177.66 0.00 331.27
2016-12-31 1,019.06 0.03 319.52
2016-09-30 1,019.06 0.03 319.52
2016-06-30 303.88 15.50 119.26
2016-03-31 303.88 15.50 119.26
2015-12-31 301.56 15.50 164.69
2015-09-30 301.56 15.50 164.69
2015-06-30 318.94 0.00 137.45
2015-03-31 318.94 0.00 137.45
2014-12-31 291.13 0.02 111.13
2014-09-30 291.13 0.02 111.13
2014-06-30 281.77 0.00 244.31
2014-03-31 281.77 0.00 244.31
2013-12-31 282.15 0.57 239.00
2013-09-30 282.15 0.57 239.00
2013-06-30 271.81 2.79 189.64
2013-03-31 271.81 2.79 189.64
2012-12-31 268.00 0.00 174.81
2012-09-30 268.00 0.00 174.81
2012-06-30 257.48 9.19 120.39
  • Asia Tele-Net and Technology has no debt.
  • Asia Tele-Net and Technology has no debt compared to 5 years ago when it was 0.2%.
  • Asia Tele-Net and Technology has no debt, it does not need to be covered by operating cash flow.
  • Asia Tele-Net and Technology has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Asia Tele-Net and Technology'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. Asia Tele-Net and Technology has a total score of 6/6, 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.

679 Dividends

 What is Asia Tele-Net and Technology'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%
Current annual income from Asia Tele-Net and Technology dividends.
If you bought HK$2,000 of Asia Tele-Net and Technology shares you are expected to receive HK$0 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?
  • Unable to evaluate Asia Tele-Net and Technology's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Asia Tele-Net and Technology's dividend against the top 25% market benchmark as the company has not reported any payouts.
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:679 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 24 Stocks 4.9%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 966 Stocks 3.5%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.1%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.4%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

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

  • Unable to perform a dividend volatility check as Asia Tele-Net and Technology has not reported any payouts.
  • Unable to verify if Asia Tele-Net and Technology's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Asia Tele-Net and Technology's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Asia Tele-Net and Technology has not reported any payouts.
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 Asia Tele-Net and Technology's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - 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 Asia Tele-Net and Technology afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Asia Tele-Net and Technology 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.

679 Management

 What is the CEO of Asia Tele-Net and Technology'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
Wilfred Lam
COMPENSATION HK$3,618,000
AGE 58
CEO Bio

Mr. Kwok Hing Lam, also known as Wilfred, J.P., FHKIoD MH., serves as Chief Executive and Managing Director of Asia Tele-Net & Technology Corp. Ltd. Mr. Lam has been an Executive Director of Hoifu Energy Group Limited since August 16, 2000. He serves as Executive Director of CGI (HK) Limited. He has been Compliance Officer of Chinese Strategic Holdings Limited since January 8, 2014. He is a Senior Associate of Philip KH Wong, Kennedy YH Wong & Co., Solicitors & Notaries and is a consultant lawyer of WT Law Offices. He serves as Independent Non-Executive Director at National Arts Entertainment and Culture Group Ltd since March 22, 2019. He served as Company Secretary of Chinese Strategic Holdings Limited from January 2, 2014 to June 7, 2016. He served as Consultant of China New Energy Power Group Limited from March 14, 2016 to March 14, 2017. Mr. Lam served as Executive Chairman of the Board at China New Energy Power Group Limited from June 16, 2015 to March 14, 2016. He served as the Group Vice President of Hong Kong Resources Holdings Company Limited since August 17, 2011. He served as Group Vice President of 3D-GOLD Jewellery (HK) Limited since April 1, 2009. He served as Director of Business Operations (China) Department and Aide-de-Camp of Brand Promotion at Hong Kong Resources Holdings Company Limited. In 1981, he joined Sun Hung Kai Securities Limited, respectively, in U.S. stocks, futures, gold and customer service. He co-founded Hoifu Energy Group Limited in 1989 and served as its Head of Strategic Planning. He served as Executive Chairman of Hoifu Energy Group Limited until November 15, 2012. He has over 30 years of experience in securities trading, corporate management and energy exploration businesses. He served as Chairman of the Board and Managing Director of Intech Machines Co., Ltd. from 2001 to 2008. He has been the Chairman of Asia Tele-Net and Technology Corporation Limited since February 5, 2005. He has been the Chairman of Chinese Strategic Holdings Limited since January 1, 2014. He served as the Non Executive Vice Chairman for National Arts Entertainment and Culture Group Limited from August 5, 2010 to July 11, 2014. He served as Deputy Chairman of Asia Tele-Net & Technology Corp. Ltd. until February 5, 2005. He serves as a Director of Karl-Thomson Commodities Company Limited and Karl-Thomson Securities Company Limited. He has been Non-Executive Director of Hong Kong Building & Loan Agency Ltd. since December 01, 2010. He has been Executive Director of Hong Kong Resources Holdings Company Limited since April 12, 2017. He has been Non Executive Director of Chinese Strategic Holdings Limited since December 1, 2018, served as its Executive Director from January 1, 2014 to December 1, 2018 also and served as a Non-Executive Director from September 02, 2013 to January 01, 2014. He serves as a Director of China Gold Silver Group. and Asia Tele-Net & Technology Corp. Ltd. He serves as a Director of Karfun Investments Limited. He served as an Executive Director of Hong Kong Resources Holdings Company Limited from August 17, 2011 to July 1, 2015. He served as an Independent Non-Executive Director of Value Convergence Holdings Limited from January 4, 2010 to May 30, 2013. He served as an Independent Non-Executive Director of The Hong Kong Building and Loan Agency Limited until October 21, 2017. He served as a Non-Executive Director of National Arts Entertainment and Culture Group Limited since February 3, 2010 until July 11, 2014 and its Independent Non-executive Director from May 13, 2009 to February 3, 2010. He served as Non Executive Director of Hong Kong Resources Holdings Company Limited from July 1, 2015 to April 12, 2017. He served as a Director of China Ever Grand Financial Leasing Group Co., Ltd. (alternate name: PME Group Limited) from April 14, 2011 to December 31, 2014. He is a member of the Hong Kong Securities Institute and is a registered dealer under both the Securities Ordinance and the Commodities Trading Ordinance. Being an active member in social and charity activities, he is a Support Force Commander and Assistant Commissioner of Hong Kong Civil Aid Service, Ex Officio Member of New Territories Heung Yee Kuk, Chairman of the Friends of the Community Chest (Kwai Tsing), Honorary Advisor of (Kwai Tsing) Junior Police Call, member and was Chairman of the Kwai Tsing District Fight Crime Committee and Director of the Kwai Tsing District Community Development Fund in Hong Kong. He is a Founder and Senior President of Shenzhen-Hong Kong Youth Exchange Promotion Association. He is an executive member of the liaison association of the Chinese People’s Political Consultative Conference, Guangdong Province. He is the Justice of Peace of the Hong Kong Special Administrative Region and has been awarded Queen's Badge of Honour in January 1997. Mr. Lam was awarded the Medal of Honor by HKSAR in 2009 and was appointed as a member of the Shaanxi Committee of the Chinese People's Political Consultative Conference of the People's Republic of China since 2013. He is a practising solicitor of Hong Kong. He holds the professional qualification of Estate Agent's (Individual) License in Hong Kong. Mr. Lam has Bachelor's Degree of Law with honors in the University of Hong Kong.

CEO Compensation
  • Wilfred's compensation has been consistent with company performance over the past year.
  • Wilfred's remuneration is higher than average for companies of similar size in Hong Kong.
Management Team

Wilfred Lam

TITLE
Chairman & MD
COMPENSATION
HK$4M
AGE
58

Kwok Lun Nam

TITLE
Deputy Chairman
COMPENSATION
HK$4M
AGE
59

Ada Yung

TITLE
Deputy GM & Company Secretary
AGE
52
TENURE
3.2 yrs

Ronnie Wong

TITLE
MD of Process Automation International Limited
AGE
53
Board of Directors Tenure

Average tenure and age of the Asia Tele-Net and Technology board of directors in years:

14.2
Average Tenure
58
Average Age
  • The average tenure for the Asia Tele-Net and Technology board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Wilfred Lam

TITLE
Chairman & MD
COMPENSATION
HK$4M
AGE
58
TENURE
14.2 yrs

Kwok Lun Nam

TITLE
Deputy Chairman
COMPENSATION
HK$4M
AGE
59
TENURE
14.2 yrs

David Ng

TITLE
Independent Non-Executive Director
COMPENSATION
HK$88K
AGE
57

Alan Kwan

TITLE
Independent Non-Executive Director
COMPENSATION
HK$88K
AGE
55
TENURE
14 yrs

Kinwai Cheung

TITLE
Independent Non-Executive Director
COMPENSATION
HK$88K
AGE
62
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
19. Dec 18 Buy J&A Investment Limited Company 19. Dec 18 19. Dec 18 30,000 HK$1.08 HK$32,400
18. Dec 18 Buy J&A Investment Limited Company 18. Dec 18 18. Dec 18 1,370,000 HK$1.07 HK$1,462,197
30. Apr 18 Buy J&A Investment Limited Company 30. Apr 18 30. Apr 18 960,000 HK$1.41 HK$1,350,237
X
Management checks
We assess Asia Tele-Net and Technology'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. Asia Tele-Net and Technology 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.

679 News

Simply Wall St News

Here's How P/E Ratios Can Help Us Understand Asia Tele-Net and Technology Corporation Limited (HKG:679)

We'll show how you can use Asia Tele-Net and Technology Corporation Limited's (HKG:679) P/E ratio to inform your assessment of the investment opportunity. … Asia Tele-Net and Technology has a P/E ratio of 6.81, based on the last twelve months. … Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS)

Simply Wall St -

How Financially Strong Is Asia Tele-Net and Technology Corporation Limited (HKG:679)?

The direct benefit for Asia Tele-Net and Technology Corporation Limited (HKG:679), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Is 679 growing fast enough to value financial flexibility over lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital

Simply Wall St -

Does Asia Tele-Net and Technology Corporation Limited (HKG:679) Have A Volatile Share Price?

If you're interested in Asia Tele-Net and Technology Corporation Limited (HKG:679), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility).

Simply Wall St -

Is Asia Tele-Net and Technology Corporation Limited (HKG:679) A Financially Sound Company?

The direct benefit for Asia Tele-Net and Technology Corporation Limited (HKG:679), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … However, the trade-off is 679 will have to adhere to stricter debt covenants and have less financial flexibility. … Does 679's growth rate justify its decision for financial flexibility over lower cost of capital.

Simply Wall St -

Why Asia Tele-Net and Technology Corporation Limited's (HKG:679) Investor Composition Impacts Your Returns

I am going to take a deep dive into Asia Tele-Net and Technology Corporation Limited’s (HKG:679) most recent ownership structure, not a frequent subject of discussion among individual investors. … Ownership structure of a company has been found to affect share performance over time. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment.

Simply Wall St -

679 Company Info

Description

Asia Tele-Net and Technology Corporation Limited, an investment holding company, designs, manufactures, and sells electroplating machinery and other industrial machinery. It also provides installation and after sale services for electroplating machines; and sells spare parts. In addition, the company is involved in securities trading, management services, property investment, software development, and money lending businesses. It primarily operates in Hong Kong, the People’s Republic of China, Taiwan, Europe, the United States, and other Asia countries. The company was formerly known as Process Automation (Holdings) Ltd and changed its name to Asia Tele-Net and Technology Corporation Limited in 1999. Asia Tele-Net and Technology Corporation Limited was founded in 1966 and is headquartered in Tai Po, Hong Kong.

Details
Name: Asia Tele-Net and Technology Corporation Limited
679
Exchange: SEHK
Founded: 1966
HK$575,725,590
426,463,400
Website: http://www.asia-tnt.com
Address: Asia Tele-Net and Technology Corporation Limited
11 Dai Hei Street,
Tai Po Industrial Estate,
Tai Po,
New Territories, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 679 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 02. Jan 1992
DB DKC Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
645
Asia Tele-Net and Technology employees.
Industry
Industrial Machinery
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/26 12:32
End of day share price update: 2019/04/25 00:00
Last earnings filing: 2019/03/27
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.