SEHK:8013

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Executive Summary

ECI Technology Holdings Limited, an investment holding company, provides extra-low voltage solutions primarily on central control monitoring system to public and private sector customers in Hong Kong.


Snowflake Analysis

Adequate balance sheet and slightly overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 8013's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-14.6%

8013

9.4%

HK Commercial Services

2.8%

HK Market


1 Year Return

-79.5%

8013

44.3%

HK Commercial Services

-1.0%

HK Market

Return vs Industry: 8013 underperformed the Hong Kong Commercial Services industry which returned 44.3% over the past year.

Return vs Market: 8013 underperformed the Hong Kong Market which returned -1% over the past year.


Shareholder returns

8013IndustryMarket
7 Day-14.6%9.4%2.8%
30 Day-14.6%9.7%8.6%
90 Day-18.0%16.6%12.0%
1 Year-79.5%-79.5%47.1%44.3%3.1%-1.0%
3 Year-68.0%-68.0%-38.9%-43.7%7.1%-4.4%
5 Yearn/a-63.5%-67.3%8.7%-9.4%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is ECI Technology 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: 8013 (HK$0.04) is trading below our estimate of fair value (HK$0.1)

Significantly Below Fair Value: 8013 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8013 is unprofitable, so we can't compare its PE Ratio to the HK Commercial Services industry average.

PE vs Market: 8013 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 8013's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8013 is overvalued based on its PB Ratio (1.2x) compared to the HK Commercial Services industry average (0.8x).


Next Steps

Future Growth

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

28.4%

Forecasted Commercial Services 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 ECI Technology 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 ECI Technology Holdings performed over the past 5 years?

-54.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8013 is currently unprofitable.

Growing Profit Margin: 8013 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8013 is unprofitable, and losses have increased over the past 5 years at a rate of -54% per year.

Accelerating Growth: Unable to compare 8013's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8013 is unprofitable, making it difficult to compare its past year earnings growth to the Commercial Services industry (-0.6%).


Return on Equity

High ROE: 8013 has a negative Return on Equity (-2.88%), as it is currently unprofitable.


Next Steps

Financial Health

How is ECI Technology Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8013's short term assets (HK$68.3M) exceed its short term liabilities (HK$22.1M).

Long Term Liabilities: 8013's short term assets (HK$68.3M) exceed its long term liabilities (HK$2.2M).


Debt to Equity History and Analysis

Debt Level: 8013's debt to equity ratio (10.7%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 8013's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 8013's debt is well covered by operating cash flow (130.1%).

Interest Coverage: Insufficient data to determine if 8013's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8013's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8013'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 8013's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8013'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 8013'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?

3.4yrs

Average management tenure


CEO

Tai Wing Ng (43yo)

3.75yrs

Tenure

HK$1,580,000

Compensation

Dr. Tai Wing Ng has been Chairman, Chief Executive Officer and Executive Director of ECI Technology Holdings Limited since October 3, 2016 and serves as its Compliance Officer. Dr. Ng has over 15 years of  ...


CEO Compensation Analysis

Compensation vs Market: Tai Wing's total compensation ($USD203.85K) is about average for companies of similar size in the Hong Kong market ($USD229.37K).

Compensation vs Earnings: Tai Wing's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Tai Wing Ng
Chairman3.75yrsHK$1.58m55% HK$35.2m
Wing Chong Law
Executive Director3.75yrsHK$714.00kno data
Shuo Yang
Executive Director2yrsHK$120.00k20% HK$12.8m
Hein Leong Chiu
Accounting & Finance Manager2.08yrsno datano data
Chi Ho Wong
Operation Managerno datano datano data
Chi Kwan Liu
Administrative Officerno datano datano data
Lai Yin Wai
Human Resources Officerno datano datano data
Chi Yuen Lau
Company Secretary3.42yrsno datano data

3.4yrs

Average Tenure

39.5yo

Average Age

Experienced Management: 8013's management team is considered experienced (3.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Tai Wing Ng
Chairman3.75yrsHK$1.58m55% HK$35.2m
Wing Chong Law
Executive Director3.75yrsHK$714.00kno data
Shuo Yang
Executive Director2yrsHK$120.00k20% HK$12.8m
Wai Tak Sung
Independent Non-Executive Director3.42yrsHK$120.00kno data
Chun Ho Hui
Independent Non-Executive Director3.42yrsHK$120.00kno data
Kin San Chow
Independent Non-Executive Director3yrsHK$120.00kno data
Tsz Man Wong
Non-Executive Director3.75yrsHK$120.00kno data
Tak Chung Fung
Independent Non-Executive Director3.42yrsHK$120.00kno data

3.4yrs

Average Tenure

49yo

Average Age

Experienced Board: 8013's board of directors are considered experienced (3.4 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

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


Key Information

  • Name: ECI Technology Holdings Limited
  • Ticker: 8013
  • Exchange: SEHK
  • Founded: 2003
  • Industry: Security and Alarm Services
  • Sector: Commercial Services
  • Market Cap: HK$64.000m
  • Shares outstanding: 1.60b
  • Website: https://www.ecinfohk.com

Number of Employees


Location

  • ECI Technology Holdings Limited
  • Camel paint Buildings
  • Factory D on 3rd Floor of Block II
  • Kowloon
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8013SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMar 2017

Biography

ECI Technology Holdings Limited, an investment holding company, provides extra-low voltage solutions primarily on central control monitoring system to public and private sector customers in Hong Kong. Its solutions include central control monitoring systems, such as security system, car park system, and clubhouse management system; and telecommunications and broadcasting services systems, including communal aerial broadcast distribution system, and satellite master antenna television system. The company provides security solutions, including access control, burglar alarm, time attendance, elevator control, and door phone entry system. ECI Technology Holdings Limited was founded in 2003 and is headquartered in Kowloon, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/13 12:48
End of Day Share Price2020/07/13 00:00
Earnings2020/05/31
Annual Earnings2019/08/31


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.