SEHK:8133

Stock Analysis Report

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Executive Summary

Jete Power Holdings Limited, an investment holding company, manufactures and sells cast metal products in Germany, Hong Kong, the People’s Republic of China, the United States, and internationally.


Snowflake Analysis

Flawless balance sheet with weak fundamentals.

Share Price & News

How has Jete Power Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8133's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

5.6%

8133

1.8%

HK Machinery

1.4%

HK Market


1 Year Return

-2.6%

8133

42.6%

HK Machinery

3.1%

HK Market

Return vs Industry: 8133 underperformed the Hong Kong Machinery industry which returned 42.6% over the past year.

Return vs Market: 8133 underperformed the Hong Kong Market which returned 3.1% over the past year.


Shareholder returns

8133IndustryMarket
7 Day5.6%1.8%1.4%
30 Day81.0%11.4%-0.8%
90 Day137.5%30.5%8.8%
1 Year-2.6%-2.6%46.5%42.6%7.4%3.1%
3 Year-87.7%-87.7%60.1%47.9%-0.2%-10.9%
5 Year-81.0%-81.0%73.0%58.8%8.9%-9.3%

Price Volatility Vs. Market

How volatile is Jete Power Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Jete Power Holdings undervalued compared to its fair value and its price relative to the market?

4.79x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8133's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8133's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8133 is unprofitable, so we can't compare its PE Ratio to the HK Machinery industry average.

PE vs Market: 8133 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 8133's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8133 is overvalued based on its PB Ratio (4.8x) compared to the HK Machinery industry average (1x).


Next Steps

Future Growth

How is Jete Power Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

4.0%

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 Jete Power Holdings 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

Past Performance

How has Jete Power Holdings performed over the past 5 years?

-7.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8133 is currently unprofitable.

Growing Profit Margin: 8133 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8133 is unprofitable, and losses have increased over the past 5 years at a rate of 7.2% per year.

Accelerating Growth: Unable to compare 8133's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8133 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-8.7%).


Return on Equity

High ROE: 8133 has a negative Return on Equity (-48.89%), as it is currently unprofitable.


Next Steps

Financial Health

How is Jete Power Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8133's short term assets (HK$29.7M) exceed its short term liabilities (HK$13.5M).

Long Term Liabilities: 8133's short term assets (HK$29.7M) exceed its long term liabilities (HK$12.8M).


Debt to Equity History and Analysis

Debt Level: 8133's debt to equity ratio (9%) is considered satisfactory.

Reducing Debt: 8133's debt to equity ratio has reduced from 18.2% to 9% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 8133 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 8133 has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 1.4% each year.


Next Steps

Dividend

What is Jete Power Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8133's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8133'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 8133's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8133's dividend payments have been increasing.


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8133'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?

5.3yrs

Average management tenure


CEO

Thomas Wong (57 yo)

5.33yrs

Tenure

HK$1,146,000

Compensation

Mr. Wai Yuk Wong, also known as Thomas, has been the Chief Executive Officer of Jete Power Holdings Ltd., since April 10, 2015. Mr. Wong worked at Fong's National Engineering Company Limited between 1987 a ...


CEO Compensation Analysis

Compensation vs Market: Thomas's total compensation ($USD0.00) is below average for companies of similar size in the Hong Kong market ($USD232.38K).

Compensation vs Earnings: Thomas's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Chiu Ming Choi
Chairman & Compliance Officer2.25yrsHK$1.02m4.36%
HK$ 6.7m
Wai Yuk Wong
Chief Executive Officer5.33yrsHK$1.15mno data
Wai Leung Wong
Financial Controller & Company Secretary5.33yrsno datano data
Jun Liu
Chief Operating Officer5.33yrsno datano data
Wai Wong
Chief Administrative Officer5.33yrsno datano data
Min Liu
Financial Controller of PRC Operations14.58yrsno datano data

5.3yrs

Average Tenure

51.5yo

Average Age

Experienced Management: 8133's management team is seasoned and experienced (5.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Chiu Ming Choi
Chairman & Compliance Officer2.25yrsHK$1.02m4.36%
HK$ 6.7m
Yiu Wing Tang
Independent Non-Executive Director5.33yrsHK$200.00kno data
Ka Shing Wong
Independent Non-Executive Director5.33yrsHK$200.00kno data
Shuk Lan Leung
Independent Non-Executive Director5.33yrsHK$200.00kno data

5.3yrs

Average Tenure

57.5yo

Average Age

Experienced Board: 8133's board of directors are considered experienced (5.3 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: 8133 insiders have only sold shares 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 18.9%.


Top Shareholders

Company Information

Jete Power Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jete Power Holdings Limited
  • Ticker: 8133
  • Exchange: SEHK
  • Founded: 2014
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: HK$153.920m
  • Shares outstanding: 4.16b
  • Website: https://www.jetepower.com

Number of Employees


Location

  • Jete Power Holdings Limited
  • Wui Tat Centre
  • 8th Floor
  • Sheung Wan
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8133SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDApr 2015

Biography

Jete Power Holdings Limited, an investment holding company, manufactures and sells cast metal products in Germany, Hong Kong, the People’s Republic of China, the United States, and internationally. It oper ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 12:31
End of Day Share Price2020/08/04 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.