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North Asia Strategic Holdings

SEHK:8080
Snowflake Description

Flawless balance sheet and undervalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8080
SEHK
HK$204M
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

North Asia Strategic Holdings Limited, an investment holding company, engages in the hi-tech distribution and services, and leasing businesses in the People’s Republic of China and rest of Asia. The last earnings update was 22 days ago. More info.


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  • North Asia Strategic Holdings has significant price volatility in the past 3 months.
8080 Share Price and Events
7 Day Returns
0%
SEHK:8080
1.3%
HK Trade Distributors
0.6%
HK Market
1 Year Returns
-25%
SEHK:8080
0.9%
HK Trade Distributors
-5.9%
HK Market
8080 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
North Asia Strategic Holdings (8080) 0% -8.5% -21.1% -25% -27.2% -65.9%
HK Trade Distributors 1.3% 0.8% -8.5% 0.9% -25.5% -52.4%
HK Market 0.6% 3.7% -8.2% -5.9% 17.2% 4.8%
1 Year Return vs Industry and Market
  • 8080 underperformed the Trade Distributors industry which returned 0.9% over the past year.
  • 8080 underperformed the Market in Hong Kong which returned -5.9% over the past year.
Price Volatility
8080
Industry
5yr Volatility vs Market

Value

 Is North Asia Strategic Holdings 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
Here we compare the current share price of North Asia Strategic Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for North Asia Strategic Holdings.

SEHK:8080 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.3%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:8080
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6.7%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.92
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.923 (1 + (1- 25%) (0%))
0.948
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.95
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (0.948 * 6.65%)
8.31%

Discounted Cash Flow Calculation for SEHK:8080 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for North Asia Strategic Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:8080 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 8.31%)
2020 744.77 Est @ 93.78% 687.64
2021 1,238.13 Est @ 66.24% 1,055.47
2022 1,819.70 Est @ 46.97% 1,432.24
2023 2,428.95 Est @ 33.48% 1,765.12
2024 3,012.80 Est @ 24.04% 2,021.46
2025 3,537.85 Est @ 17.43% 2,191.66
2026 3,990.69 Est @ 12.8% 2,282.55
2027 4,372.23 Est @ 9.56% 2,308.96
2028 4,691.12 Est @ 7.29% 2,287.33
2029 4,958.81 Est @ 5.71% 2,232.38
Present value of next 10 years cash flows HK$18,264.80
SEHK:8080 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= HK$4,958.81 × (1 + 2%) ÷ (8.31% – 2%)
HK$80,222.86
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$80,222.86 ÷ (1 + 8.31%)10
HK$36,115.06
SEHK:8080 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$18,264.80 + HK$36,115.06
HK$54,379.87
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$54,379.87 / 272.58
HK$199.5
SEHK:8080 Discount to Share Price
Calculation Result
Value per share (HKD) From above. HK$199.50
Current discount Discount to share price of HK$0.75
= -1 x (HK$0.75 - HK$199.50) / HK$199.50
99.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price North Asia Strategic Holdings is available for.
Intrinsic value
>50%
Share price is HK$0.75 vs Future cash flow value of HK$199.5
Current Discount Checks
For North Asia Strategic Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • North Asia Strategic Holdings's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • North Asia Strategic Holdings's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 North Asia Strategic Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are North Asia Strategic Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8080 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in HKD HK$0.40
SEHK:8080 Share Price ** SEHK (2019-07-16) in HKD HK$0.75
Hong Kong Trade Distributors Industry PE Ratio Median Figure of 30 Publicly-Listed Trade Distributors Companies 10.39x
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 North Asia Strategic Holdings.

SEHK:8080 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8080 Share Price ÷ EPS (both in HKD)

= 0.75 ÷ 0.40

1.86x

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

  • North Asia Strategic Holdings is good value based on earnings compared to the HK Trade Distributors industry average.
  • North Asia Strategic Holdings is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does North Asia Strategic Holdings's expected growth come at a high price?
Raw Data
SEHK:8080 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 1.86x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-1%per year
Global Trade Distributors Industry PEG Ratio Median Figure of 80 Publicly-Listed Trade Distributors Companies 1.25x
Hong Kong Market PEG Ratio Median Figure of 477 Publicly-Listed Companies 0.8x

*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 North Asia Strategic Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on North Asia Strategic Holdings's assets?
Raw Data
SEHK:8080 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in HKD HK$3.63
SEHK:8080 Share Price * SEHK (2019-07-16) in HKD HK$0.75
Hong Kong Trade Distributors Industry PB Ratio Median Figure of 59 Publicly-Listed Trade Distributors Companies 0.8x
Hong Kong Market PB Ratio Median Figure of 2,190 Publicly-Listed Companies 0.92x
SEHK:8080 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8080 Share Price ÷ Book Value per Share (both in HKD)

= 0.75 ÷ 3.63

0.21x

* Primary Listing of North Asia Strategic Holdings.

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

  • North Asia Strategic Holdings is good value based on assets compared to the HK Trade Distributors industry average.
X
Value checks
We assess North Asia Strategic Holdings'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 Trade Distributors 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 Trade Distributors industry average (and greater than 0)? (1 check)
  5. North Asia Strategic Holdings has a total score of 5/6, 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 North Asia Strategic Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover North Asia Strategic Holdings, 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
-1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is North Asia Strategic Holdings expected to grow at an attractive rate?
  • North Asia Strategic Holdings's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 2%.
Growth vs Market Checks
  • North Asia Strategic Holdings's earnings are expected to decrease over the next 1-3 years, this is below the Hong Kong market average.
  • Unable to compare North Asia Strategic Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8080 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:8080 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -1%
Hong Kong Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 9.8%
Asia Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 12%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.3%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.5%

*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:8080 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:8080 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-03-31 2,397 441 110
2018-12-31 2,502 129
2018-09-30 2,325 17 126
2018-06-30 1,956 119
2018-03-31 1,655 -39 108
2017-12-31 1,402 96
2017-09-30 1,340 -31 79
2017-06-30 1,384 49
2017-03-31 1,296 -197 35
2016-12-31 1,231 3
2016-09-30 1,225 -91 3
2016-06-30 1,119 -4

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • North Asia Strategic Holdings's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if North Asia Strategic Holdings 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:8080 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 North Asia Strategic Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8080 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-03-31 0.40
2018-12-31 0.47
2018-09-30 0.46
2018-06-30 0.44
2018-03-31 0.43
2017-12-31 0.42
2017-09-30 0.38
2017-06-30 0.26
2017-03-31 0.18
2016-12-31 0.01
2016-09-30 0.02
2016-06-30 -0.02

*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 North Asia Strategic Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess North Asia Strategic Holdings'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 Asia 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.
North Asia Strategic Holdings has a total score of 0/6, 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 North Asia Strategic Holdings 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 North Asia Strategic Holdings's growth in the last year to its industry (Trade Distributors).
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.
  • North Asia Strategic Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • North Asia Strategic Holdings's 1-year earnings growth is less than its 5-year average (1.8% vs 54.6%)
  • North Asia Strategic Holdings's earnings growth has not exceeded the HK Trade Distributors industry average in the past year (1.8% vs 7.8%).
Earnings and Revenue History
North Asia Strategic Holdings'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 North Asia Strategic Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8080 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 2,397.01 110.15 245.37
2018-12-31 2,501.82 128.64 274.75
2018-09-30 2,324.86 125.92 264.12
2018-06-30 1,956.34 118.95 243.63
2018-03-31 1,655.45 108.21 227.59
2017-12-31 1,401.72 96.24 206.92
2017-09-30 1,340.18 79.24 205.60
2017-06-30 1,384.25 49.46 188.21
2017-03-31 1,295.75 34.76 177.09
2016-12-31 1,231.46 2.58 173.31
2016-09-30 1,224.92 2.96 173.82
2016-06-30 1,119.31 -4.05 162.89
2016-03-31 1,235.80 2.27 169.62
2015-12-31 1,372.49 26.41 178.51
2015-09-30 1,383.38 28.63 171.13
2015-06-30 1,463.57 35.05 177.92
2015-03-31 1,293.92 25.55 165.21
2014-12-31 1,039.63 1.12 151.55
2014-09-30 853.62 -1.71 140.44
2014-06-30 854.90 13.36 139.05
2014-03-31 907.69 9.71 144.59
2013-12-31 939.91 -32.73 143.40
2013-09-30 1,059.76 -33.44 148.08
2013-06-30 801.84 -47.58 141.37
2013-03-31 733.96 -38.05 136.46
2012-12-31 233.47 -170.92 212.94
2012-09-30 299.17 -212.57 276.19

*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.
  • North Asia Strategic Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • North Asia Strategic Holdings used its assets more efficiently than the HK Trade Distributors industry average last year based on Return on Assets.
  • North Asia Strategic Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess North Asia Strategic Holdings'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 Trade Distributors 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.
North Asia Strategic Holdings has a total score of 3/6, 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 North Asia Strategic Holdings'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 North Asia Strategic Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • North Asia Strategic Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • North Asia Strategic Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of North Asia Strategic Holdings'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.
  • North Asia Strategic Holdings 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 North Asia Strategic Holdings Company Filings, last reported 3 months ago.

SEHK:8080 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 988.80 0.00 656.02
2018-12-31 953.40 0.00 282.09
2018-09-30 953.40 0.00 282.09
2018-06-30 926.84 0.00 267.34
2018-03-31 926.84 0.00 267.34
2017-12-31
2017-09-30 855.51 0.00 317.77
2017-06-30 843.21 59.45 464.65
2017-03-31 843.21 59.45 464.65
2016-12-31
2016-09-30 817.86 58.80 458.86
2016-06-30 814.33 58.16 632.75
2016-03-31 814.33 58.16 632.75
2015-12-31
2015-09-30 835.77 158.27 679.27
2015-06-30 1,056.35 73.92 487.00
2015-03-31 1,056.35 73.92 487.00
2014-12-31
2014-09-30 1,056.41 57.55 531.52
2014-06-30 992.53 2.60 572.50
2014-03-31 992.53 2.60 572.50
2013-12-31
2013-09-30 961.69 3.80 571.59
2013-06-30 973.65 16.50 556.25
2013-03-31 973.65 16.50 556.25
2012-12-31
2012-09-30 1,023.75 218.93 839.24
  • North Asia Strategic Holdings has no debt.
  • North Asia Strategic Holdings has no debt compared to 5 years ago when it was 0.3%.
  • North Asia Strategic Holdings has no debt, it does not need to be covered by operating cash flow.
  • North Asia Strategic Holdings has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess North Asia Strategic Holdings'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. North Asia Strategic Holdings 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.

Dividends

 What is North Asia Strategic Holdings'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 North Asia Strategic Holdings dividends.
If you bought HK$2,000 of North Asia Strategic Holdings 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 North Asia Strategic Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate North Asia Strategic Holdings'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:8080 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 Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 12 Stocks 4.7%
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.

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

  • Unable to perform a dividend volatility check as North Asia Strategic Holdings has not reported any payouts.
  • Unable to verify if North Asia Strategic Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of North Asia Strategic Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as North Asia Strategic Holdings 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 North Asia Strategic Holdings'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 North Asia Strategic Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. North Asia Strategic Holdings 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 North Asia Strategic Holdings'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.
  • North Asia Strategic Holdings has no CEO, or we have no data on them.
Management Team Tenure

Average tenure and age of the North Asia Strategic Holdings management team in years:

4.6
Average Tenure
49
Average Age
  • The tenure for the North Asia Strategic Holdings management team is about average.
Management Team

Yifan Zhang

TITLE
Chairlady & Compliance Officer
COMPENSATION
HK$9M
AGE
38

Pierre Tsui

TITLE
Executive Director
COMPENSATION
HK$4M
AGE
54
TENURE
3.4 yrs

Henry Law

TITLE
CFO & Company Secretary
AGE
51
TENURE
6.1 yrs

Tony Li

TITLE
Chief Operating Officer
AGE
47
TENURE
4.6 yrs
Board of Directors Tenure

Average tenure and age of the North Asia Strategic Holdings board of directors in years:

6.4
Average Tenure
57
Average Age
  • The tenure for the North Asia Strategic Holdings board of directors is about average.
Board of Directors

Yifan Zhang

TITLE
Chairlady & Compliance Officer
COMPENSATION
HK$9M
AGE
38
TENURE
3.1 yrs

Pierre Tsui

TITLE
Executive Director
COMPENSATION
HK$4M
AGE
54
TENURE
4.4 yrs

Joseph Liang

TITLE
Independent Non-Executive Director
COMPENSATION
HK$240K
AGE
64
TENURE
6.4 yrs

Joseph Chan

TITLE
Independent Non-Executive Director
COMPENSATION
HK$240K
AGE
58
TENURE
6.4 yrs

Kenneth Kon

TITLE
Independent Non-Executive Director
COMPENSATION
HK$240K
AGE
57
TENURE
6.4 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess North Asia Strategic Holdings'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. North Asia Strategic Holdings 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

What Kind Of Share Price Volatility Should You Expect For North Asia Strategic Holdings Limited (HKG:8080)?

If you own shares in North Asia Strategic Holdings Limited (HKG:8080) then it's worth thinking about how it contributes to the volatility of your portfolio, overall. … Beta is worth considering, but it's also important to consider whether North Asia Strategic Holdings is growing earnings and revenue. … What this means for you: Since North Asia Strategic Holdings has a beta close to one, it will probably show a positive return when the market is moving up, based on history.

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Why We Like North Asia Strategic Holdings Limited’s (HKG:8080) 16% Return On Capital Employed

The formula for calculating the return on capital employed is: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for North Asia Strategic Holdings: 0.16 = HK$155m ÷ (HK$1.9b - HK$885m) (Based on the trailing twelve months to December 2018.) So, North Asia Strategic Holdings has an ROCE of 16%. … What Are Current Liabilities, And How Do They Affect North Asia Strategic Holdings's ROCE? … Our Take On North Asia Strategic Holdings's ROCE With a decent ROCE, the company could be interesting, but remember that the level of current liabilities make the ROCE look better.

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These Factors Make North Asia Strategic Holdings Limited (HKG:8080) An Interesting Investment

I've been keeping an eye on North Asia Strategic Holdings Limited (HKG:8080) because I'm attracted to its fundamentals. … For those interested in understanding where the figures come from and want to see the analysis, take a look at the report on North Asia Strategic Holdings here. … SEHK:8080 Income Statement, May 22nd 2019 Next Steps: For North Asia Strategic Holdings, I've compiled three relevant factors you should look at: Future Outlook: What are well-informed industry analysts predicting for 8080’s future growth?

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Do Directors Own North Asia Strategic Holdings Limited (HKG:8080) Shares?

A look at the shareholders of North Asia Strategic Holdings Limited (HKG:8080) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … North Asia Strategic Holdings is a smaller company with a market capitalization of HK$245m, so it may still be flying under the radar of many institutional investors.

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Does North Asia Strategic Holdings Limited (HKG:8080) Have A Volatile Share Price?

If you're interested in North Asia Strategic Holdings Limited (HKG:8080), 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. … Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility).

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Such Is Life: How North Asia Strategic Holdings (HKG:8080) Shareholders Saw Their Shares Drop 63%

So we wouldn't blame long term North Asia Strategic Holdings Limited (HKG:8080) shareholders for doubting their decision to hold, with the stock down 63% over a half decade. … During five years of share price growth, North Asia Strategic Holdings moved from a loss to profitability. … A more detailed examination of the revenue and earnings may or may not explain why the share price languishes; there could be an opportunity.

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Should You Like North Asia Strategic Holdings Limited’s (HKG:8080) High Return On Capital Employed?

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. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

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Is North Asia Strategic Holdings Limited's (HKG:8080) Balance Sheet A Threat To Its Future?

North Asia Strategic Holdings Limited (HKG:8080), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … Is 8080 growing fast enough to value financial flexibility over lower cost of capital. … Debt funding can be cheaper than issuing new equity due to lower interest cost on debt

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Does Market Volatility Impact North Asia Strategic Holdings Limited's (HKG:8080) Share Price?

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. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market.

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What Kind Of Shareholders Own North Asia Strategic Holdings Limited (HKG:8080)?

If you want to know who really controls North Asia Strategic Holdings Limited (HKG:8080), then you'll have to look at the makeup of its share registry. … With a market capitalization of HK$210m, North Asia Strategic Holdings is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for North Asia Strategic Holdings

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Company Info

Description

North Asia Strategic Holdings Limited, an investment holding company, engages in the hi-tech distribution and services, and leasing businesses in the People’s Republic of China and rest of Asia. The company’s Hi-Tech Distribution and Services segment trades in surface mount technology (SMT) assembly equipment, machinery, and spare parts; and provides installation, training, repair, and maintenance services for SMT assembly equipment. Its Leasing segment provides finance to its customers through a range of assets under finance and operating lease arrangements. The company also offers management services. North Asia Strategic Holdings Limited is based in Central, Hong Kong.

Details
Name: North Asia Strategic Holdings Limited
8080
Exchange: SEHK
Founded:
HK$204,435,603
272,580,805
Website: http://www.nasholdings.com
Address: North Asia Strategic Holdings Limited
Shanghai Commercial Bank Tower,
18th Floor,
Central,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8080 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 20. Apr 2000
BST IAA4 Ordinary Shares Boerse-Stuttgart DE EUR 20. Apr 2000
Number of employees
Current staff
Staff numbers
262
North Asia Strategic Holdings employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/16 12:45
End of day share price update: 2019/07/16 00:00
Last earnings filing: 2019/06/24
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


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.