SEHK:8346

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Executive Summary

TEM Holdings Limited, an investment holding company, manufactures and sells wire/cable harnesses and power supply cords assembled products in the People’s Republic of China, other parts of the Asia Pacific, Western Europe, and North and South America.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 8346 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

8.5%

8346

2.0%

HK Electrical

0.7%

HK Market


1 Year Return

-46.9%

8346

-11.1%

HK Electrical

0.4%

HK Market

Return vs Industry: 8346 underperformed the Hong Kong Electrical industry which returned -11.1% over the past year.

Return vs Market: 8346 underperformed the Hong Kong Market which returned 0.4% over the past year.


Shareholder returns

8346IndustryMarket
7 Day8.5%2.0%0.7%
30 Day13.3%6.1%-1.0%
90 Day10.9%10.2%9.6%
1 Year-46.9%-46.9%-9.7%-11.1%4.5%0.4%
3 Year-81.5%-81.5%-46.4%-49.0%0.2%-10.6%
5 Yearn/a-53.5%-56.5%9.9%-8.5%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.25x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8346's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8346's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8346 is unprofitable, so we can't compare its PE Ratio to the HK Electrical industry average.

PE vs Market: 8346 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 8346's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8346 is good value based on its PB Ratio (0.3x) compared to the HK Electrical industry average (0.6x).


Next Steps

Future Growth

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

12.6%

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 TEM 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 TEM Holdings performed over the past 5 years?

-29.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8346 is currently unprofitable.

Growing Profit Margin: 8346 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8346 is unprofitable, and losses have increased over the past 5 years at a rate of 29.7% per year.

Accelerating Growth: Unable to compare 8346's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8346 is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (9.9%).


Return on Equity

High ROE: 8346 has a negative Return on Equity (-9.84%), as it is currently unprofitable.


Next Steps

Financial Health

How is TEM Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8346's short term assets (HK$118.2M) exceed its short term liabilities (HK$13.7M).

Long Term Liabilities: 8346's short term assets (HK$118.2M) exceed its long term liabilities (HK$764.0K).


Debt to Equity History and Analysis

Debt Level: 8346's debt to equity ratio (0.7%) is considered satisfactory.

Reducing Debt: 8346's debt to equity ratio has reduced from 0.8% to 0.7% 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: 8346 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 8346 has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 29.5% each year.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8346's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8346'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 8346's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8346'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 8346'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?

4.3yrs

Average board tenure


CEO

Vincent Ho (63yo)

no data

Tenure

HK$993,000

Compensation

Mr. Pang Cheng Ho, also known as Vincent, serves as the Chief Executive Officer of TEM Holdings Limited and has been its Executive Director since January 12, 2016. Mr. Ho joined TEM Holdings Limited in Dec ...


CEO Compensation Analysis

Compensation vs Market: Vincent's total compensation ($USD128.13K) is below average for companies of similar size in the Hong Kong market ($USD232.25K).

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


Board Members

NamePositionTenureCompensationOwnership
Man Tak Lau
Chairmanno dataHK$988.00k75% HK$23.0m
Pang Cheng Ho
CEO & Executive Directorno dataHK$993.00kno data
Wai Kee Kan
Compliance Officer & Executive Director4.83yrsHK$516.00kno data
Ka Wai Ng
Company Secretary & Executive Director0.58yrno datano data
Yiu Ho Ma
Independent Non-Executive Director4.33yrsHK$180.00kno data
Hon Man Lee
Independent Non-Executive Director4.33yrsHK$180.00kno data
Lee Chern Koay
Non Executive Director4.58yrsHK$579.00kno data
Wai Kuen Cheung
Independent Non-Executive Director0.92yrno datano data

4.3yrs

Average Tenure

53.5yo

Average Age

Experienced Board: 8346's board of directors are considered experienced (4.3 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: TEM Holdings Limited
  • Ticker: 8346
  • Exchange: SEHK
  • Founded: 1995
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: HK$30.600m
  • Shares outstanding: 600.00m
  • Website: https://ir.tem-group.com

Number of Employees


Location

  • TEM Holdings Limited
  • China Hong Kong City
  • Tower 1, 17 floor
  • Tsim Sha Tsui
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8346SEHK (The Stock Exchange of Hong Kong Ltd.)YesOridinary SharesHKHKDMay 2016

Biography

TEM Holdings Limited, an investment holding company, manufactures and sells wire/cable harnesses and power supply cords assembled products in the People’s Republic of China, other parts of the Asia Pacific, Western Europe, and North and South America. The company also trades in terminals, connectors, power cords, and other products; and engages in the trading business. It serves home/consumer appliances manufacturers; and original equipment manufacturers in the home/consumer appliances and industrial products industries. TEM Holdings Limited was founded in 1995 and is headquartered in Tsim Sha Tsui, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/02 12:56
End of Day Share Price2020/07/31 00:00
Earnings2020/03/31
Annual Earnings2019/06/30


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.