SEHK:8601

Stock Analysis Report

Executive Summary

Boltek Holdings Limited, an investment holding company, provides engineering consultancy services with a focus on the field of infrastructure developments in Hong Kong.

Snowflake

Fundamentals

Excellent balance sheet with limited growth.

Risks

  • Boltek Holdings has significant price volatility in the past 3 months.
  • Boltek Holdings is not covered by any analysts.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-1.7%

8601

-1.1%

HK Construction

-2.7%

HK Market


1 Year Return

-49.1%

8601

-20.0%

HK Construction

-9.4%

HK Market

8601 underperformed the Construction industry which returned -20% over the past year.

8601 underperformed the Market in Hong Kong which returned -9.4% over the past year.


Share holder returns

8601IndustryMarket
7 Day-1.7%-1.1%-2.7%
30 Day-12.1%3.9%1.8%
90 Day-40.2%-13.4%-5.6%
1 Year-49.1%-49.1%-16.6%-20.0%-6.2%-9.4%
3 Yearn/a-21.9%-29.9%14.3%2.7%
5 Yearn/a1.6%-13.9%16.7%-2.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Boltek Holdings undervalued based on future cash flows and its price relative to the stock market?

28.78x

Price to Earnings (PE) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Boltek Holdings to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Boltek Holdings to establish if it is available at substantial discount.


Price Based on Earnings

Boltek Holdings is overvalued based on earnings compared to the HK Construction industry average.

Boltek Holdings is overvalued based on earnings compared to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Boltek Holdings, we can't assess if its growth is good value.


Price Based on Value of Assets

Boltek Holdings is overvalued based on assets compared to the HK Construction industry average.


Next Steps

Future Growth

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

14.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

Unable to determine if Boltek Holdings is high growth as no revenue estimate data is available.

Boltek Holdings's earnings are expected to grow by 14.6% yearly, however this is not considered high growth (20% yearly).

Unable to compare Boltek Holdings's revenue growth to the Hong Kong market average as no estimate data is available.

Boltek Holdings's earnings growth is expected to exceed the Hong Kong market average.

Boltek Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.


Earnings per Share Growth Estimates


Future Return on Equity

Unable to establish if Boltek Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.


Next Steps

Past Performance

How has Boltek Holdings performed over the past 5 years?

19.0%

Last years earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Insufficient data to establish if Boltek Holdings's year on year earnings growth rate was positive over the past 5 years.

Unable to compare Boltek Holdings's 1-year earnings growth to the 5-year average due to insufficient past data.

Boltek Holdings's earnings growth has exceeded the HK Construction industry average in the past year (19% vs -12.9%).


Return on Equity

Boltek Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

Boltek Holdings used its assets less efficiently than the HK Construction industry average last year based on Return on Assets.


Return on Capital Employed

Unable to establish if Boltek Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.


Next Steps

Financial Health

How is Boltek Holdings's financial position?


Financial Position Analysis

Boltek Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Boltek Holdings's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Boltek Holdings's level of debt (0%) compared to net worth is satisfactory (less than 40%).

Unable to establish if Boltek Holdings's debt level has increased without past 5-year debt data.

Debt is well covered by operating cash flow (1.1833208020916E+18%, greater than 20% of total debt).

Boltek Holdings has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Low level of unsold assets.

Debt is not covered by short term assets, assets are -1.4454077824064E+17x debt.


Next Steps

Dividend

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


Dividend Yield and Payments Analysis

Unable to evaluate Boltek Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Boltek Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Boltek Holdings has not reported any payouts.

Unable to verify if Boltek Holdings's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Boltek 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.


Next Steps

Management

What is the CEO of Boltek Holdings's salary, the management and board of directors tenure and is there insider trading?

1.1yrs

Average board tenure


CEO

Kwan Tar Cheung (58yo)

1.1yrs

Tenure

HK$3,927,000

Compensation

Mr. Cheung Kwan Tar has been the Chairman and Chief Executive Officer of Boltek Holdings Limited since August 20, 2018 and has been its Executive Director since April 18, 2018 and also serves as its Compli ...


CEO Compensation Analysis

Kwan Tar's remuneration is higher than average for companies of similar size in Hong Kong.

Kwan Tar's compensation has increased by more than 20% in the past year whilst earnings fell less than 20%.


Board Age and Tenure

1.1yrs

Average Tenure

58yo

Average Age

The average tenure for the Boltek Holdings board of directors is less than 3 years, this suggests a new board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Kwan Tar Cheung (58yo)

    Executive Chairman

    • Tenure: 1.1yrs
    • Compensation: HK$3.93m
  • Pak Hung Ng (45yo)

    Executive Director

    • Tenure: 1.4yrs
    • Compensation: HK$1.88m
  • Man Wah Shek (53yo)

    Chief Operating Officer

    • Tenure: 0yrs
  • Chui Ping Chiu (50yo)

    Chief Administrative Officer

    • Tenure: 0yrs
  • Chun Kit Yu (29yo)

    Financial Controller & Company Secretary

    • Tenure: 0yrs

Board Members

  • Wan Fung Chan (50yo)

    Independent Non-Executive Director

    • Tenure: 1.1yrs
    • Compensation: HK$36.00k
  • Macksion Chan (63yo)

    Independent Non-Executive Director

    • Tenure: 1.1yrs
    • Compensation: HK$36.00k
  • Kwan Tar Cheung (58yo)

    Executive Chairman

    • Tenure: 1.1yrs
    • Compensation: HK$3.93m
  • Pak Hung Ng (45yo)

    Executive Director

    • Tenure: 1.4yrs
    • Compensation: HK$1.88m
  • Sam Chan (68yo)

    Independent Non-Executive Director

    • Tenure: 1.1yrs
    • Compensation: HK$36.00k

Company Information

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


Key Information

  • Name: Boltek Holdings Limited
  • Ticker: 8601
  • Exchange: SEHK
  • Founded: 2005
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$232.000m
  • Shares outstanding: 800.00m
  • Website: https://www.boltekholdings.com

Number of Employees


Location

  • Boltek Holdings Limited
  • Winning Commercial Building
  • 5th Floor
  • Tsim Sha Tsui
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8601SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDSep 2018

Biography

Boltek Holdings Limited, an investment holding company, provides engineering consultancy services with a focus on the field of infrastructure developments in Hong Kong. The company offers engineering consu ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/09/21 12:56
End of Day Share Price2019/09/20 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.