Telecom Service One Holdings
Market Cap
HK$160.4m
Last Updated
2019/10/23 12:48 UTC
Data Sources
Company Financials
Executive Summary
Telecom Service One Holdings Limited, an investment holding company, provides repair and refurbishment services for mobile phones and other personal electronic products in Hong Kong, the People’s Republic of China, and Macau.
Snowflake
Fundamentals
Flawless balance sheet and overvalued.
Share Price & News
How has Telecom Service One Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-7.7%
3997
1.3%
HK Commercial Services
0.3%
HK Market
1 Year Return
-63.9%
3997
33.5%
HK Commercial Services
1.3%
HK Market
Return vs Industry: 3997 underperformed the Hong Kong Commercial Services industry which returned 33.5% over the past year.
Return vs Market: 3997 underperformed the Hong Kong Market which returned 1.3% over the past year.
Shareholder returns
| 3997 | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.7% | 1.3% | 0.3% |
| 30 Day | 8.1% | 6.8% | 0.5% |
| 90 Day | -21.6% | 8.2% | -4.6% |
| 1 Year | -62.5%-63.9% | 36.8%33.5% | 4.9%1.3% |
| 3 Year | -40.0%-45.0% | -22.2%-28.1% | 15.3%3.7% |
| 5 Year | 23.1%-6.3% | -42.6%-48.8% | 20.0%-0.006% |
Price Volatility Vs. Market
How volatile is Telecom Service One Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Could Telecom Service One Holdings Limited's (HKG:3997) Investor Composition Influence The Stock Price?3 weeks ago | Simply Wall St
Introducing Telecom Service One Holdings (HKG:3997), The Stock That Slid 67% In The Last YearValuation
Is Telecom Service One Holdings undervalued compared to its fair value and its price relative to the market?
8.8%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3997 (HK$1.2) is trading below our estimate of fair value (HK$1.32)
Significantly Below Fair Value: 3997 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 3997 is poor value based on its PE Ratio (16.4x) compared to the Commercial Services industry average (13.8x).
PE vs Market: 3997 is poor value based on its PE Ratio (16.4x) compared to the Hong Kong market (10.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3997's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3997 is overvalued based on its PB Ratio (1.5x) compared to the HK Commercial Services industry average (1.1x).
Next Steps
Future Growth
How is Telecom Service One Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
0.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3997's forecast earnings growth (0.4% per year) is below the savings rate (2%).
Earnings vs Market: 3997's earnings (0.4% per year) are forecast to grow slower than the Hong Kong market (11.1% per year).
High Growth Earnings: 3997's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if 3997's revenue is forecast to grow faster than the Hong Kong market.
High Growth Revenue: Insufficient data to determine if 3997's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 3997's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Telecom Service One Holdings performed over the past 5 years?
-2.9%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 3997's earnings have declined by -2.9% per year over the past 5 years.
Accelerating Growth: 3997's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3997 had negative earnings growth (-62.8%) over the past year, making it difficult to compare to the Commercial Services industry average (11.2%).
Return on Equity
High ROE: 3997's Return on Equity (9.3%) is considered low.
Return on Assets
ROA vs Industry: 3997 has a higher Return on Assets than the Commercial Services industry average last year.
Return on Capital Employed
ROCE Improving: 3997's Return on Capital Employed has declined over the past 3 years.
Next Steps
Financial Health
How is Telecom Service One Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 3997's short term assets (HK$105.2M) exceeds its short term liabilities (HK$5.4M)
Long Term Liabilities: 3997 has no long term liabilities
Debt to Equity History and Analysis
Debt Level: 3997 is debt free.
Reducing Debt: 3997 had no debt 5 years ago.
Debt Coverage: 3997 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 3997 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: 3997 has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 3997's debt is covered by short term assets.
Next Steps
Dividend
What is Telecom Service One Holdings's current dividend yield, its reliability and sustainability?
5.83%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: 3997's dividend (5.83%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).
High Dividend: 3997's dividend (5.83%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.18%).
Stable Dividend: 3997 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 3997 has only been paying a dividend for 5 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (95.5%), 3997's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
What is the CEO of Telecom Service One Holdings's salary, the management and board of directors tenure and is there insider trading?
6.8yrs
Average board tenure
CEO
Sunny Cheung (51yo)
5.2yrs
Tenure
HK$340,000
Compensation
Mr. King Fung Cheung, also known as Sunny, serves as the Chief Executive Officer of Telecom Digital Holdings Limited since September 8, 2015 and serves its Compliance Officer. Mr. Cheung joined Telecom Dig ...
CEO Compensation Analysis
Compensation vs. Market: Sunny's total compensation ($USD43.35K) is too low to compare against companies of similar size in the Hong Kong market ($USD215.97K).
Compensation vs Earnings: Sunny's compensation has been consistent with company performance over the past year.
Board Age and Tenure
6.8yrs
Average Tenure
60yo
Average Age
Experienced Board: 3997's board of directors are considered experienced (6.8 years average tenure).
Insider Trading
Insider Buying: 3997 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 100,000 |
| Max Price | HK$1.25 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 100,000 |
| Max Price | HK$1.06 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 12,000 |
| Max Price | HK$1.05 |
| Entity | Individual |
| Role | Chairman of the Board Chairman |
| Shares | 40,000 |
| Max Price | HK$1.38 |
Ownership Breakdown
Management Team
Sunny Cheung (51yo)
CEO, Chief Compliance Officer & Executive Director
- Tenure: 5.2yrs
- Compensation: HK$340.00k
Wing Chong Yeung
Company Secretary
- Tenure: 3yrs
Board Members
Marisa Kwok (64yo)
Independent Non-Executive Director
- Tenure: 6.5yrs
- Compensation: HK$120.00k
Ping Fong (68yo)
Independent Non-Executive Director
- Tenure: 6.5yrs
- Compensation: HK$120.00k
King Shek Cheung (67yo)
Chairman
- Tenure: 0yrs
Sunny Cheung (51yo)
CEO, Chief Compliance Officer & Executive Director
- Tenure: 5.2yrs
- Compensation: HK$340.00k
King Shan Cheung (60yo)
Non-Executive Director
- Tenure: 7.2yrs
Bobby Cheung (60yo)
Non-Executive Director
- Tenure: 7.2yrs
Tso Ka Yi (55yo)
Independent Non-Executive Director
- Tenure: 1.8yrs
- Compensation: HK$120.00k
Company Information
Telecom Service One Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Telecom Service One Holdings Limited
- Ticker: 3997
- Exchange: SEHK
- Founded: 1987
- Industry: Diversified Support Services
- Sector: Commercial Services
- Market Cap: HK$160.428m
- Shares outstanding: 128.34m
- Website: https://www.tso.cc
Number of Employees
Location
- Telecom Service One Holdings Limited
- Riley House
- Portion B of Unit 1806 and Unit 1807
- Kwai Chung
- New Territories
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 3997 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | May 2013 |
Biography
Telecom Service One Holdings Limited, an investment holding company, provides repair and refurbishment services for mobile phones and other personal electronic products in Hong Kong, the People’s Republic ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/23 12:48 |
| End of Day Share Price | 2019/10/23 00:00 |
| Earnings | 2019/03/31 |
| Annual Earnings | 2019/03/31 |
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.