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IMS Group Holdings

SEHK:8136
Snowflake Description

Flawless balance sheet with concerning outlook.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8136
SEHK
HK$135M
Market Cap
  1. Home
  2. HK
  3. Capital Goods
Company description

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 and internationally. The last earnings update was 17 days ago. More info.


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8136 Share Price and Events
7 Day Returns
9.1%
SEHK:8136
-2%
HK Electrical
-1.1%
HK Market
1 Year Returns
-62.3%
SEHK:8136
-28.7%
HK Electrical
-6.5%
HK Market
8136 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
IMS Group Holdings (8136) 9.1% 14.8% -5.7% -62.3% - -
HK Electrical -2% -3.9% -18.7% -28.7% -34.4% -35%
HK Market -1.1% 3.4% -7.7% -6.5% 17.4% 4.2%
1 Year Return vs Industry and Market
  • 8136 underperformed the Electrical industry which returned -28.7% over the past year.
  • 8136 underperformed the Market in Hong Kong which returned -6.5% over the past year.
Price Volatility
Industry
5yr Volatility vs Market
Related Companies

8136 Value

 Is IMS Group 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 IMS Group 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 IMS Group Holdings.

SEHK:8136 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 9.5%
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:8136
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6.7%
Electrical Unlevered Beta Simply Wall St/ S&P Global 1.19
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.188 (1 + (1- 25%) (0%))
1.126
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.13
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (1.126 * 6.65%)
9.49%

Discounted Cash Flow Calculation for SEHK:8136 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for IMS Group 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:8136 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 9.49%)
2020 2.73 Est @ -44.92% 2.49
2021 1.89 Est @ -30.85% 1.57
2022 1.49 Est @ -20.99% 1.14
2023 1.28 Est @ -14.09% 0.89
2024 1.16 Est @ -9.26% 0.74
2025 1.09 Est @ -5.88% 0.63
2026 1.05 Est @ -3.52% 0.56
2027 1.04 Est @ -1.86% 0.50
2028 1.03 Est @ -0.7% 0.45
2029 1.03 Est @ 0.11% 0.42
Present value of next 10 years cash flows HK$9.39
SEHK:8136 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= HK$1.03 × (1 + 2%) ÷ (9.49% – 2%)
HK$14.02
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$14.02 ÷ (1 + 9.49%)10
HK$5.66
SEHK:8136 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$9.39 + HK$5.66
HK$15.05
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$15.05 / 1,000.00
HK$0.02
SEHK:8136 Discount to Share Price
Calculation Result
Value per share (HKD) From above. HK$0.02
Current discount Discount to share price of HK$0.13
= -1 x (HK$0.13 - HK$0.02) / HK$0.02
-776.9%

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

  • The current share price of IMS Group Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 IMS Group Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are IMS Group Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8136 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in HKD HK$0.01
SEHK:8136 Share Price ** SEHK (2019-07-15) in HKD HK$0.13
Hong Kong Electrical Industry PE Ratio Median Figure of 23 Publicly-Listed Electrical Companies 10.81x
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 IMS Group Holdings.

SEHK:8136 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8136 Share Price ÷ EPS (both in HKD)

= 0.13 ÷ 0.01

20.04x

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

  • IMS Group Holdings is overvalued based on earnings compared to the HK Electrical industry average.
  • IMS Group Holdings is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does IMS Group Holdings's expected growth come at a high price?
Raw Data
SEHK:8136 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 20.04x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
5.6%per year
Hong Kong Electrical Industry PEG Ratio Median Figure of 9 Publicly-Listed Electrical Companies 1.12x
Hong Kong Market PEG Ratio Median Figure of 477 Publicly-Listed Companies 0.79x

*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 IMS Group Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on IMS Group Holdings's assets?
Raw Data
SEHK:8136 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in HKD HK$0.06
SEHK:8136 Share Price * SEHK (2019-07-15) in HKD HK$0.13
Hong Kong Electrical Industry PB Ratio Median Figure of 34 Publicly-Listed Electrical Companies 0.66x
Hong Kong Market PB Ratio Median Figure of 2,190 Publicly-Listed Companies 0.92x
SEHK:8136 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8136 Share Price ÷ Book Value per Share (both in HKD)

= 0.13 ÷ 0.06

2.07x

* Primary Listing of IMS Group Holdings.

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

  • IMS Group Holdings is overvalued based on assets compared to the HK Electrical industry average.
X
Value checks
We assess IMS Group 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 Electrical 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 Electrical industry average (and greater than 0)? (1 check)
  5. IMS Group Holdings has a total score of 0/6, 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.

8136 Future Performance

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

  • No analysts cover IMS Group 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
5.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is IMS Group Holdings expected to grow at an attractive rate?
  • IMS Group Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • IMS Group Holdings's earnings growth is positive but not above the Hong Kong market average.
  • Unable to compare IMS Group Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8136 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:8136 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 5.6%
Hong Kong Electrical Industry Earnings Growth Rate Market Cap Weighted Average 9.6%
Hong Kong Electrical Industry Revenue Growth Rate Market Cap Weighted Average 9.8%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.2%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.2%

*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:8136 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:8136 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-03-31 75 5 7
2018-12-31 77 2
2018-09-30 70 1 0
2018-06-30 71 -2
2018-03-31 66 -8 -4
2017-12-31 71 6
2017-03-31 67 19 16

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • IMS Group Holdings's earnings are expected to grow by 5.6% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if IMS Group 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:8136 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 IMS Group Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8136 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-03-31 0.01
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.01
2017-03-31 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 IMS Group Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess IMS Group 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 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.
IMS Group Holdings 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.

8136 Past Performance

  How has IMS Group 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 IMS Group Holdings's growth in the last year to its industry (Electrical).
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.
  • Insufficient data to establish if IMS Group Holdings's year on year earnings growth rate was positive over the past 5 years.
  • IMS Group Holdings has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • IMS Group Holdings has become profitable in the last year making it difficult to compare the HK Electrical industry average.
Earnings and Revenue History
IMS Group 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 IMS Group Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8136 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 75.08 6.59 25.53
2018-12-31 76.56 1.52 26.91
2018-09-30 70.45 -0.35 24.50
2018-06-30 70.84 -1.99 22.97
2018-03-31 65.95 -3.53 20.96
2017-12-31 70.99 6.15 18.95
2017-03-31 67.44 16.43 15.71
2016-03-31 42.13 6.47 14.83

*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.
  • IMS Group Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • IMS Group Holdings used its assets more efficiently than the HK Electrical industry average last year based on Return on Assets.
  • IMS Group Holdings's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess IMS Group 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 Electrical 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.
IMS Group Holdings 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.

8136 Health

 How is IMS Group 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 IMS Group Holdings's finances.

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

SEHK:8136 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 63.69 0.00 59.15
2018-12-31 63.69 0.00 53.66
2018-09-30 63.69 0.00 53.66
2018-06-30 60.02 0.00 55.24
2018-03-31 60.02 0.00 55.24
2017-12-31
2017-03-31 10.80 0.00 31.76
2016-03-31 14.45 4.50 15.94
  • IMS Group Holdings has no debt.
  • IMS Group Holdings currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • IMS Group Holdings has no debt, it does not need to be covered by operating cash flow.
  • IMS Group Holdings has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess IMS Group 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. IMS Group 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.

8136 Dividends

 What is IMS Group 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 IMS Group Holdings dividends.
If you bought HK$2,000 of IMS Group 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 IMS Group Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate IMS Group 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:8136 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 Electrical Industry Average Dividend Yield Market Cap Weighted Average of 10 Stocks 2.2%
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 IMS Group Holdings has not reported any payouts.
  • Unable to verify if IMS Group Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of IMS Group Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as IMS Group 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 IMS Group 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 IMS Group Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. IMS Group 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.

8136 Management

 What is the CEO of IMS Group 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.
CEO
Andrew Tam
COMPENSATION HK$2,156,000
AGE 53
CEO Bio

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.

CEO Compensation
  • Andrew's compensation has increased in line with IMS Group Holdings recently becoming profitable.
  • Andrew's remuneration is about average for companies of similar size in Hong Kong.
Management Team

Andrew Tam

TITLE
Chairman
COMPENSATION
HK$2M
AGE
53

Andy Yeung

TITLE
COO & Executive Director
COMPENSATION
HK$2M
AGE
52

Pui Chung Lee

TITLE
Financial Controller & Company Secretary
AGE
32
TENURE
0.3 yrs
Board of Directors Tenure

Average tenure and age of the IMS Group Holdings board of directors in years:

1.6
Average Tenure
53
Average Age
  • The average tenure for the IMS Group Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Andrew Tam

TITLE
Chairman
COMPENSATION
HK$2M
AGE
53

Andy Yeung

TITLE
COO & Executive Director
COMPENSATION
HK$2M
AGE
52
TENURE
2.4 yrs

Philip Chu

TITLE
Independent Non-Executive Director
COMPENSATION
HK$188K
AGE
65
TENURE
1.6 yrs

Wilson Lee

TITLE
Independent Non-Executive Director
COMPENSATION
HK$189K
AGE
52
TENURE
1.6 yrs

Yiu Ha

TITLE
Independent Non-Executive Director
COMPENSATION
HK$189K
AGE
56
TENURE
1.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess IMS Group 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. IMS Group 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.

8136 News

Simply Wall St News

Should You Be Concerned About IMS Group Holdings Limited's (HKG:8136) ROE?

See our latest analysis for IMS Group Holdings How Do I Calculate Return On Equity? … The formula for return on equity is: Return on Equity = Net Profit ÷ Shareholders' Equity Or for IMS Group Holdings: 2.4% = HK$1.5m ÷ HK$64m (Based on the trailing twelve months to December 2018.) Most know that net profit is the total earnings after all expenses, but the concept of shareholders' equity is a little more complicated. … Does IMS Group Holdings Have A Good Return On Equity?

Simply Wall St -

What Can We Make Of IMS Group Holdings Limited’s (HKG:8136) High Return On Capital?

Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

If You Had Bought IMS Group Holdings (HKG:8136) Stock A Year Ago, You'd Be Sitting On A 63% Loss, Today

And there's no doubt that IMS Group Holdings Limited (HKG:8136) stock has had a really bad year. … In the last year IMS Group Holdings saw its revenue grow by 7.8%. … Without profits, and with revenue growth sluggish, you get a 63% loss for shareholders, over the year.

Simply Wall St -

Is IMS Group Holdings Limited's (HKG:8136) ROE Of 2.4% Concerning?

Over the last twelve months IMS Group Holdings has recorded a ROE of 2.4%. … That means that for every HK$1 worth of shareholders' equity, it generated HK$0.024 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

Simply Wall St -

A Close Look At IMS Group Holdings Limited’s (HKG:8136) 19% ROCE

Specifically, we'll consider its Return On Capital Employed (ROCE), since that will give us an insight into how efficiently the business can generate profits from the capital it requires. … What is Return On Capital Employed (ROCE)? … ROCE measures the 'return' (pre-tax profit) a company generates from capital employed in its business.

Simply Wall St -

Could IMS Group Holdings Limited's (HKG:8136) Investor Composition Influence The Stock Price?

If you want to know who really controls IMS Group Holdings Limited (HKG:8136), then you'll have to look at the makeup of its share registry. … Generally speaking, as a company grows, institutions will increase their ownership. … We can zoom in on the different ownership groups, to learn more about 8136

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Why IMS Group Holdings Limited's (HKG:8136) Ownership Structure Is Important

In this analysis, my focus will be on developing a perspective on IMS Group Holdings Limited’s (HKG:8136) latest ownership structure, a less discussed, but important factor. … Ownership structure has been found to have an impact on shareholder returns in both short- and long-term. … Differences in ownership structure of companies can have a profound effect on how management's incentives are aligned with shareholder returns, and whether they adhere to corporate governance best practices.

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8136 Company Info

Description

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 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. It also sells visual-audio systems, including audio/video conference, projection, public address, sound masking, and central controlling systems. The company was founded in 1998 and is headquartered in North Point, Hong Kong.

Details
Name: IMS Group Holdings Limited
8136
Exchange: SEHK
Founded: 1998
HK$135,000,000
1,000,000,000
Website: http://www.imsgroupholdings.com
Address: IMS Group Holdings Limited
Room 1,
18th Floor,
North Point,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8136 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 25. Jan 2018
Number of employees
Current staff
Staff numbers
37
IMS Group Holdings employees.
Industry
Electrical Components and Equipment
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/07/15 13:09
End of day share price update: 2019/07/15 00:00
Last earnings filing: 2019/06/28
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.