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1005

Matrix HoldingsSEHK:1005 Stock Report

Market Cap

HK$2.0b

7D

0%

1Y

-11.6%

Updated

14 Oct, 2021

Data

Company Financials
1005 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends2/6

1005 Overview

Matrix Holdings Limited, an investment holding company, manufactures and trades in toys and lighting products.

Price History & Performance

Summary of all time highs, changes and price drops for Matrix Holdings
Historical stock prices
Current Share PriceHK$2.60
52 Week HighHK$1.78
52 Week LowHK$3.00
Beta-0.11
1 Month Change-2.99%
3 Month Change-3.70%
1 Year Change-11.57%
3 Year Change4.84%
5 Year Change-11.86%
Change since IPO-72.92%

Recent News & Updates

Jun 09
These Return Metrics Don't Make Matrix Holdings (HKG:1005) Look Too Strong

These Return Metrics Don't Make Matrix Holdings (HKG:1005) Look Too Strong

To avoid investing in a business that's in decline, there's a few financial metrics that can provide early indications...

Shareholder Returns

1005HK LeisureHK Market
7D0%-0.4%-0.3%
1Y-11.6%20.3%5.0%

Return vs Industry: 1005 underperformed the Hong Kong Leisure industry which returned 18.7% over the past year.

Return vs Market: 1005 underperformed the Hong Kong Market which returned 3.4% over the past year.

Price Volatility

Is 1005's price volatile compared to industry and market?
1005 volatility
1005 Beta-0.11
Industry Beta0.71
Market Beta1

Stable Share Price: 1005 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: 1005's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19796,000Hiu Har Yiphttps://www.matrix.hk.com

Matrix Holdings Limited, an investment holding company, manufactures and trades in toys and lighting products. It offers plastic, die-cast, and plush toys. The company also engages in the purchase and trading of toys; trading of lighting products; import and wholesale distribution of toys, and sale of accessories connected with its products; and provision of management services.

Matrix Holdings Fundamentals Summary

How do Matrix Holdings's earnings and revenue compare to its market cap?
1005 fundamental statistics
Market CapHK$1.97b
Earnings (TTM)HK$81.03m
Revenue (TTM)HK$995.99m

24.3x

P/E Ratio

2.0x

P/S Ratio


Dividends

2.3%

Current Dividend Yield

56%

Payout Ratio

Valuation

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

24.27x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1005 (HK$2.6) is trading above our estimate of fair value (HK$2.32)

Significantly Below Fair Value: 1005 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1005 is poor value based on its PE Ratio (24.3x) compared to the Hong Kong Leisure industry average (17.3x).

PE vs Market: 1005 is poor value based on its PE Ratio (24.3x) compared to the Hong Kong market (9.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1005's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1005 is overvalued based on its PB Ratio (1.8x) compared to the HK Leisure industry average (0.7x).


Future Growth

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

14.8%

Forecasted Consumer Durables 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 Matrix 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.


Past Performance

How has Matrix Holdings performed over the past 5 years?

-30.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1005 has high quality earnings.

Growing Profit Margin: 1005 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 1005's earnings have declined by 30.6% per year over the past 5 years.

Accelerating Growth: 1005 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 1005 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Leisure industry (8.4%).


Return on Equity

High ROE: 1005's Return on Equity (7.2%) is considered low.


Financial Health

How is Matrix Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1005's short term assets (HK$768.9M) exceed its short term liabilities (HK$190.2M).

Long Term Liabilities: 1005's short term assets (HK$768.9M) exceed its long term liabilities (HK$60.9M).


Debt to Equity History and Analysis

Debt Level: 1005's debt to equity ratio (1%) is considered satisfactory.

Reducing Debt: 1005's debt to equity ratio has increased from 0.01% to 1% over the past 5 years.

Debt Coverage: 1005's debt is well covered by operating cash flow (1213.6%).

Interest Coverage: 1005's interest payments on its debt are well covered by EBIT (45.1x coverage).


Balance Sheet


Dividend

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

2.31%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1005's dividend (2.31%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.29%).

High Dividend: 1005's dividend (2.31%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.79%).


Stability and Growth of Payments

Stable Dividend: 1005's dividend payments have been volatile in the past 10 years.

Growing Dividend: 1005's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (56%), 1005's dividend payments are 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

How experienced are the management team and are they aligned to shareholders interests?

0.5yrs

Average management tenure


CEO

Hiu Har Yip (41 yo)

0.50

Tenure

HK$1,145,000

Compensation

Ms. Hiu Har Yip serves as Executive Director at Matrix Holdings Ltd since April 01, 2018 and serves as its Chief Executive Officer since April 15, 2021. She joined Funrise Toys Limited, indirect wholly-own...


CEO Compensation Analysis

Compensation vs Market: Hiu Har's total compensation ($USD147.18K) is below average for companies of similar size in the Hong Kong market ($USD289.18K).

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


Leadership Team

Experienced Management: 1005's management team is not considered experienced ( 0.5 years average tenure), which suggests a new team.


Board Members

Experienced Board: 1005's board of directors are seasoned and experienced ( 11.3 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Matrix Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Matrix Holdings Limited
  • Ticker: 1005
  • Exchange: SEHK
  • Founded: 1979
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: HK$1.966b
  • Shares outstanding: 756.20m
  • Website: https://www.matrix.hk.com

Number of Employees


Location

  • Matrix Holdings Limited
  • Tsimshatsui Centre
  • Suite 223-231
  • Tsim Sha Tsui
  • Kowloon
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/14 10:02
End of Day Share Price2021/10/12 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.