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8118

Bortex Global SEHK:8118 Stock Report

Last Price

HK$0.56

Market Cap

HK$280.0m

7D

33.3%

1Y

57.7%

Updated

25 Jun, 2022

Data

Company Financials
8118 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

8118 Stock Overview

Bortex Global Limited, an investment holding company, manufactures, trades in, markets, and sells light-emitting diode (LED) lighting products in North America, Europe, and the Asia Pacific.

Bortex Global Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Bortex Global
Historical stock prices
Current Share PriceHK$0.56
52 Week HighHK$0.80
52 Week LowHK$0.16
Beta0.17
1 Month Change49.33%
3 Month Change12.00%
1 Year Change57.75%
3 Year Change64.71%
5 Year Changen/a
Change since IPO-6.67%

Recent News & Updates

Feb 12
Is Bortex Global (HKG:8118) A Risky Investment?

Is Bortex Global (HKG:8118) A Risky Investment?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Sep 30
Most Shareholders Will Probably Agree With Bortex Global Limited's (HKG:8118) CEO Compensation

Most Shareholders Will Probably Agree With Bortex Global Limited's (HKG:8118) CEO Compensation

The performance at Bortex Global Limited ( HKG:8118 ) has been rather lacklustre of late and shareholders may be...

Shareholder Returns

8118HK ElectricalHK Market
7D33.3%3.6%2.1%
1Y57.7%-2.2%-23.3%

Return vs Industry: 8118 exceeded the Hong Kong Electrical industry which returned -2.2% over the past year.

Return vs Market: 8118 exceeded the Hong Kong Market which returned -23.3% over the past year.

Price Volatility

Is 8118's price volatile compared to industry and market?
8118 volatility
8118 Average Weekly Movement17.9%
Electrical Industry Average Movement7.8%
Market Average Movement7.0%
10% most volatile stocks in HK Market13.8%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 8118 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 18% a week.

Volatility Over Time: 8118's weekly volatility (18%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
2014206CL Shaohttps://www.bortex.com.cn

Bortex Global Limited, an investment holding company, manufactures, trades in, markets, and sells light-emitting diode (LED) lighting products in North America, Europe, and the Asia Pacific. The company offers LED decorative and string lights products, including straight line, icicle, beard garland, crab, wreath, flower, meteor shower, sphere, net, and smart string lights, as well as toy and tree lights; LED commercial lighting products, such as tube lights, ceiling lamps, and light bulbs; and LED solar system series products. It serves retailers, wholesalers, real estate developers, and other fields, as well as agricultural technology production companies.

Bortex Global Fundamentals Summary

How do Bortex Global's earnings and revenue compare to its market cap?
8118 fundamental statistics
Market CapHK$280.00m
Earnings (TTM)HK$18.12m
Revenue (TTM)HK$169.83m

15.5x

P/E Ratio

1.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
8118 income statement (TTM)
RevenueHK$169.83m
Cost of RevenueHK$127.71m
Gross ProfitHK$42.13m
Other ExpensesHK$24.01m
EarningsHK$18.12m

Last Reported Earnings

Jan 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.036
Gross Margin24.80%
Net Profit Margin10.67%
Debt/Equity Ratio21.8%

How did 8118 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 8118 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 8118?

Other financial metrics that can be useful for relative valuation.

8118 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.6x
Enterprise Value/EBITDA9.1x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 8118's PE Ratio compare to its peers?

8118 PE Ratio vs Peers
The above table shows the PE ratio for 8118 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average63.7x

Price-To-Earnings vs Peers: 8118 is good value based on its Price-To-Earnings Ratio (15.5x) compared to the peer average (63.7x).


Price to Earnings Ratio vs Industry

How does 8118's PE Ratio compare vs other companies in the Hong Kong Electrical Industry?

Price-To-Earnings vs Industry: 8118 is expensive based on its Price-To-Earnings Ratio (15.5x) compared to the Hong Kong Electrical industry average (12.6x)


Price to Earnings Ratio vs Fair Ratio

What is 8118's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

8118 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 8118's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 8118 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 8118 (HK$0.56) is trading above our estimate of fair value (HK$0.04)

Significantly Below Fair Value: 8118 is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8118's PEG Ratio to determine if it is good value.


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Future Growth

How is Bortex Global forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


34.0%

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 Bortex Global 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.


Discover growth companies

  • Examine Bortex Global'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.
  • Bortex Global competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Bortex Global performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


12.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 8118 has high quality earnings.

Growing Profit Margin: 8118's current net profit margins (10.7%) are lower than last year (11.8%).


Past Earnings Growth Analysis

Earnings Trend: 8118's earnings have grown by 12.8% per year over the past 5 years.

Accelerating Growth: 8118's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8118 had negative earnings growth (-25.5%) over the past year, making it difficult to compare to the Electrical industry average (-7.1%).


Return on Equity

High ROE: 8118's Return on Equity (10%) is considered low.


Discover strong past performing companies

Financial Health

How is Bortex Global's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 8118's short term assets (HK$211.6M) exceed its short term liabilities (HK$47.3M).

Long Term Liabilities: 8118's short term assets (HK$211.6M) exceed its long term liabilities (HK$21.1M).


Debt to Equity History and Analysis

Debt Level: 8118 has more cash than its total debt.

Reducing Debt: 8118's debt to equity ratio has reduced from 55.6% to 21.8% over the past 5 years.

Debt Coverage: 8118's debt is not well covered by operating cash flow (9%).

Interest Coverage: 8118's interest payments on its debt are well covered by EBIT (15.3x coverage).


Balance Sheet


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Dividend

What is Bortex Global current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8118's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8118'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 8118's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8118's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 8118 has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

3.1yrs

Average board tenure


CEO

CL Shao (56 yo)

0.25

Tenure

Mr. Chiliang Shao, also known as CL, is Executive Director of Bortex Global Limited from October 19, 2021 and serves as Chief Executive Officer since March 10, 2022. He has joined the Group since 2004. Mr....


Board Members

Experienced Board: 8118's board of directors are considered experienced (3.1 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if 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

Bortex Global Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Bortex Global Limited
  • Ticker: 8118
  • Exchange: SEHK
  • Founded: 2014
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Implied Market Cap: HK$280.000m
  • Shares outstanding: 500.00m
  • Website: https://www.bortex.com.cn

Number of Employees


Location

  • Bortex Global Limited
  • No. 46 Tsun Yip Street
  • 5th Floor
  • Kwun Tong
  • Kowloon
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/25 00:00
End of Day Share Price2022/06/24 00:00
Earnings2022/01/31
Annual Earnings2021/04/30


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.