SEHK:8136

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Executive Summary

IMS Group Holdings Limited, an investment holding company, designs and sells light-emitting diode (LED) lighting products for retail stores of luxury brands in Hong Kong, the People’s Republic of China, rest of Asia, Europe, and internationally.


Snowflake Analysis

Flawless balance sheet and slightly overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 8136's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

3.8%

8136

14.6%

HK Electrical

6.6%

HK Market


1 Year Return

-59.3%

8136

-11.8%

HK Electrical

0.6%

HK Market

Return vs Industry: 8136 underperformed the Hong Kong Electrical industry which returned -11.8% over the past year.

Return vs Market: 8136 underperformed the Hong Kong Market which returned 0.6% over the past year.


Shareholder returns

8136IndustryMarket
7 Day3.8%14.6%6.6%
30 Day14.6%11.2%8.1%
90 Day-20.3%19.5%13.9%
1 Year-59.3%-59.3%-10.5%-11.8%4.7%0.6%
3 Yearn/a-40.9%-43.7%9.7%-2.2%
5 Yearn/a-53.9%-55.6%12.5%-6.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is IMS Group Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 8136 (HK$0.06) is trading below our estimate of fair value (HK$1.5)

Significantly Below Fair Value: 8136 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8136 is poor value based on its PE Ratio (11x) compared to the HK Electrical industry average (10.3x).

PE vs Market: 8136 is poor value based on its PE Ratio (11x) compared to the Hong Kong market (10.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8136's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8136 is overvalued based on its PB Ratio (0.8x) compared to the HK Electrical industry average (0.6x).


Next Steps

Future Growth

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

13.6%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as IMS Group 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 IMS Group Holdings performed over the past 5 years?

-1.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8136 has high quality earnings.

Growing Profit Margin: 8136's current net profit margins (8.1%) are lower than last year (8.8%).


Past Earnings Growth Analysis

Earnings Trend: 8136's earnings have declined by -1.4% per year over the past 5 years.

Accelerating Growth: 8136's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8136 had negative earnings growth (-24.6%) over the past year, making it difficult to compare to the Electrical industry average (12.8%).


Return on Equity

High ROE: 8136's Return on Equity (7.5%) is considered low.


Next Steps

Financial Health

How is IMS Group Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8136's short term assets (HK$69.7M) exceed its short term liabilities (HK$12.3M).

Long Term Liabilities: 8136's short term assets (HK$69.7M) exceed its long term liabilities (HK$3.8M).


Debt to Equity History and Analysis

Debt Level: 8136 is debt free.

Reducing Debt: 8136 had no debt 5 years ago.

Debt Coverage: 8136 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8136 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is IMS Group Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8136's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8136'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 8136's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8136'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 8136'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?

2.6yrs

Average board tenure


CEO

Andrew Tam (54yo)

no data

Tenure

HK$2,554,000

Compensation

Mr. Yat Ming Tam, also known as Andrew, has been Chairman, Chief Executive Officer and Compliance Officer of IMS Group Holdings Ltd and has been its Executive Director since February 15, 2017. He has been  ...


CEO Compensation Analysis

Compensation vs Market: Andrew's total compensation ($USD329.55K) is above average for companies of similar size in the Hong Kong market ($USD230.94K).

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


Board Members

NamePositionTenureCompensationOwnership
Yat Ming Tam
Chairmanno dataHK$2.55m49% HK$26.0m
King Shun Lo
Senior Manager of Engineering & Quality Assurance and Executive Director0.50yrHK$114.00kno data
Yin Kam Chu
Independent Non-Executive Director2.58yrsHK$180.00kno data
Wilson Lee
Independent Non-Executive Director2.58yrsHK$189.00kno data
Yiu Wing Ha
Independent Non-Executive Director2.58yrsHK$189.00kno data

2.6yrs

Average Tenure

57yo

Average Age

Experienced Board: 8136's board of directors are not considered experienced ( 2.6 years average tenure), which suggests a new board.


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

IMS Group Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: IMS Group Holdings Limited
  • Ticker: 8136
  • Exchange: SEHK
  • Founded: 1998
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: HK$53.000m
  • Shares outstanding: 1.00b
  • Website: https://www.imsgroupholdings.com

Number of Employees


Location

  • IMS Group Holdings Limited
  • Unit 1201, Seaview Estate
  • 12th Floor
  • North Point
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8136SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 2018

Biography

IMS Group Holdings Limited, an investment holding company, designs and sells light-emitting diode (LED) lighting products for retail stores of luxury brands in Hong Kong, the People’s Republic of China, rest of Asia, Europe, and internationally. The company offers LED lighting fixtures; integrated LED lighting solution services, such as LED lighting system design; LED lighting system consultation and maintenance services; after-delivery maintenance and enhancement services; and on-site project management services, as well as project consultancy services. It also sells visual-audio systems, including audio/video conference, projection, public address, sound masking, and central controlling systems. IMS Group Holdings Limited was founded in 1998 and is headquartered in North Point, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/10 12:52
End of Day Share Price2020/07/10 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.