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Quali-Smart Holdings

SEHK:1348
Snowflake Description

Excellent balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1348
SEHK
HK$796M
Market Cap
  1. Home
  2. HK
  3. Consumer Durables
Company description

Quali-Smart Holdings Limited, an investment holding company, engages in the manufacture of toys on OEM/ODM basis in Hong Kong and internationally. The last earnings update was 150 days ago. More info.


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1348 Share Price and Events
7 Day Returns
-3.6%
SEHK:1348
-2.1%
HK Leisure
-2.5%
HK Market
1 Year Returns
-6.9%
SEHK:1348
-26.9%
HK Leisure
-15.9%
HK Market
1348 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Quali-Smart Holdings (1348) -3.6% -6.9% -15.6% -6.9% -28.9% 154.1%
HK Leisure -2.1% -4.6% -4.9% -26.9% -33.5% -40.3%
HK Market -2.5% -8.6% -3.6% -15.9% 25.4% 7.8%
1 Year Return vs Industry and Market
  • 1348 outperformed the Leisure industry which returned -26.9% over the past year.
  • 1348 outperformed the Market in Hong Kong which returned -15.9% over the past year.
Price Volatility
1348
Industry
5yr Volatility vs Market

Value

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

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Quali-Smart Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.54.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Quali-Smart Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Quali-Smart Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1348 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in HKD HK$-0.03
SEHK:1348 Share Price ** SEHK (2019-05-20) in HKD HK$0.54
Hong Kong Leisure Industry PE Ratio Median Figure of 12 Publicly-Listed Leisure Companies 11.36x
Hong Kong Market PE Ratio Median Figure of 1,476 Publicly-Listed Companies 11.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Quali-Smart Holdings.

SEHK:1348 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1348 Share Price ÷ EPS (both in HKD)

= 0.54 ÷ -0.03

-18.11x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quali-Smart Holdings is loss making, we can't compare its value to the HK Leisure industry average.
  • Quali-Smart Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Quali-Smart Holdings's expected growth come at a high price?
Raw Data
SEHK:1348 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -18.11x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Global Leisure Industry PEG Ratio Median Figure of 28 Publicly-Listed Leisure Companies 1.42x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.79x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Quali-Smart Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Quali-Smart Holdings's assets?
Raw Data
SEHK:1348 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in HKD HK$0.28
SEHK:1348 Share Price * SEHK (2019-05-20) in HKD HK$0.54
Hong Kong Leisure Industry PB Ratio Median Figure of 21 Publicly-Listed Leisure Companies 1.17x
Hong Kong Market PB Ratio Median Figure of 2,155 Publicly-Listed Companies 0.97x
SEHK:1348 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1348 Share Price ÷ Book Value per Share (both in HKD)

= 0.54 ÷ 0.28

1.91x

* Primary Listing of Quali-Smart Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quali-Smart Holdings is overvalued based on assets compared to the HK Leisure industry average.
X
Value checks
We assess Quali-Smart Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Leisure industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Leisure industry average (and greater than 0)? (1 check)
  5. Quali-Smart Holdings has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

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

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 Quali-Smart 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
18%
Expected Leisure industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Quali-Smart Holdings expected to grow at an attractive rate?
  • Unable to compare Quali-Smart Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Quali-Smart Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare Quali-Smart Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1348 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Leisure Industry Earnings Growth Rate Market Cap Weighted Average 18%
Global Leisure Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1348 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1348 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-09-30 676 -78 -44
2018-06-30 725 -3 -39
2018-03-31 775 72 -35
2017-09-30 841 73 -28
2017-06-30 813 56 -40
2017-03-31 785 38 -52
2016-12-31 777 20 -101
2016-09-30 766 2 -107
2016-06-30 768 -12 -92
2016-03-31 770 -26 -78
2015-12-31 792 0 -49

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Quali-Smart Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Quali-Smart Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1348 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Quali-Smart Holdings Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1348 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-09-30 -0.03
2018-06-30 -0.03
2018-03-31 -0.02
2017-09-30 -0.02
2017-06-30 -0.03
2017-03-31 -0.04
2016-12-31 -0.07
2016-09-30 -0.08
2016-06-30 -0.07
2016-03-31 -0.06
2015-12-31 -0.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Quali-Smart Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine Quali-Smart Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. Quali-Smart Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  3. Quali-Smart Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Quali-Smart Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Quali-Smart Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Quali-Smart Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Quali-Smart Holdings's growth in the last year to its industry (Leisure).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Quali-Smart Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Quali-Smart Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Quali-Smart Holdings's 1-year growth to the HK Leisure industry average as it is not currently profitable.
Earnings and Revenue History
Quali-Smart Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Quali-Smart Holdings Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1348 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 675.76 -43.95 118.01
2018-06-30 725.34 -39.23 123.29
2018-03-31 774.93 -34.51 128.57
2017-09-30 840.95 -27.99 130.90
2017-06-30 812.91 -39.76 140.27
2017-03-31 784.87 -51.53 149.65
2016-12-31 776.71 -100.67 155.86
2016-09-30 765.72 -107.20 149.28
2016-06-30 768.06 -92.39 131.55
2016-03-31 770.41 -77.57 113.83
2015-12-31 791.95 -49.21 108.73
2015-09-30 813.48 -20.85 103.63
2015-06-30 821.25 -12.28 96.92
2015-03-31 829.02 -3.72 90.21
2014-12-31 795.66 5.33 80.72
2014-09-30 762.31 14.37 71.23
2014-06-30 767.77 17.28 70.37
2014-03-31 773.24 20.19 69.52
2013-12-31 784.01 22.48 69.70
2013-09-30 794.78 24.77 69.88
2013-06-30 794.44 23.73 71.21
2013-03-31 794.10 22.69 72.55

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Quali-Smart Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Quali-Smart Holdings has efficiently used its assets last year compared to the HK Leisure industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Quali-Smart Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Quali-Smart Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Leisure industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Quali-Smart Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Quali-Smart Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Quali-Smart Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Quali-Smart Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Quali-Smart Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Quali-Smart Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 3.1x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Quali-Smart Holdings Company Filings, last reported 7 months ago.

SEHK:1348 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 416.49 198.17 111.16
2018-06-30 416.49 198.17 111.16
2018-03-31 429.73 87.90 154.16
2017-09-30 453.46 199.67 252.78
2017-06-30 453.46 199.67 252.78
2017-03-31 421.86 88.56 145.97
2016-12-31 421.86 88.56 145.97
2016-09-30 468.81 220.22 191.52
2016-06-30 468.81 220.22 191.52
2016-03-31 482.35 236.57 247.66
2015-12-31 482.35 236.57 247.66
2015-09-30 392.98 191.67 133.06
2015-06-30 392.98 191.67 133.06
2015-03-31 298.20 157.65 67.37
2014-12-31 298.20 157.65 67.37
2014-09-30 282.88 164.48 104.98
2014-06-30 282.88 164.48 104.98
2014-03-31 210.39 108.52 75.40
2013-12-31 210.39 108.52 75.40
2013-09-30 224.82 113.04 76.81
2013-06-30 224.82 113.04 76.81
2013-03-31 201.74 50.94 81.18
  • Quali-Smart Holdings's level of debt (47.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (50.3% vs 47.6% today).
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.

  • Quali-Smart Holdings has sufficient cash runway for 1.1 years based on current free cash flow.
  • Quali-Smart Holdings has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 5.8% each year.
X
Financial health checks
We assess Quali-Smart Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Quali-Smart Holdings has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Quali-Smart Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Quali-Smart Holdings dividends.
If you bought HK$2,000 of Quali-Smart Holdings shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Quali-Smart Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Quali-Smart Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1348 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Leisure Industry Average Dividend Yield Market Cap Weighted Average of 7 Stocks 2.9%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 968 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:1348 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2016-07-28 0.000 0.000
2016-07-04 0.000 0.000
2015-12-21 0.000 0.000
2015-11-27 0.000 0.000
2015-07-27 0.000 0.000
2015-06-30 0.000 0.000
2014-07-23 0.018 2.273
2013-12-16 0.025 10.100

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Quali-Smart Holdings has not reported any payouts.
  • Unable to verify if Quali-Smart Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Quali-Smart Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Quali-Smart 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.
X
Income/ dividend checks
We assess Quali-Smart Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Quali-Smart Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Quali-Smart Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

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

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
  • Quali-Smart Holdings has no CEO, or we have no data on them.
Management Team

Peter Lau

TITLE
Executive Chairman
COMPENSATION
HK$6M
AGE
64

Eric Poon

TITLE
Executive Director
COMPENSATION
HK$3M
AGE
50

Kam Seng Ng

TITLE
Executive Director
COMPENSATION
HK$4M
AGE
36

Raymond Chu

TITLE
Executive Director
COMPENSATION
HK$4M
AGE
51

Irene Tang

TITLE
Company Secretary
AGE
48
TENURE
4.2 yrs
Board of Directors Tenure

Average tenure and age of the Quali-Smart Holdings board of directors in years:

6.3
Average Tenure
54
Average Age
  • The tenure for the Quali-Smart Holdings board of directors is about average.
Board of Directors

Peter Lau

TITLE
Executive Chairman
COMPENSATION
HK$6M
AGE
64
TENURE
5.5 yrs

Eric Poon

TITLE
Executive Director
COMPENSATION
HK$3M
AGE
50
TENURE
6.3 yrs

Kam Seng Ng

TITLE
Executive Director
COMPENSATION
HK$4M
AGE
36
TENURE
6.3 yrs

Raymond Chu

TITLE
Executive Director
COMPENSATION
HK$4M
AGE
51
TENURE
3.5 yrs

Bowen Joseph Leung

TITLE
Independent Non-Executive Director
COMPENSATION
HK$465K
AGE
69
TENURE
6.3 yrs

Raymond Chan

TITLE
Independent Non-Executive Director
COMPENSATION
HK$435K
AGE
53
TENURE
6.3 yrs

Stella Li

TITLE
Non-Executive Director
COMPENSATION
HK$356K
AGE
55
TENURE
7.2 yrs

Edward Wong

TITLE
Independent Non-Executive Director
COMPENSATION
HK$319K
AGE
55
TENURE
3.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess Quali-Smart Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Quali-Smart Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Who Really Owns Quali-Smart Holdings Limited (HKG:1348)?

In this article, I will take a quick look at Quali-Smart Holdings Limited’s (HKG:1348) recent ownership structure – an unconventional investing subject, but an important one. … The implications of these institutions’ actions can either benefit or hinder individual investors, so it is important to understand the ownership composition of your stock investment. … Therefore, it is beneficial for us to examine 1348's ownership structure in more detail.

Simply Wall St -

Who Really Owns Quali-Smart Holdings Limited (HKG:1348)?

View our latest analysis for Quali-Smart Holdings SEHK:1348 Ownership_summary May 23rd 18 Institutional Ownership Institutional investors transact in large blocks which can influence the momentum of stock prices, at least in the short-term, especially when there is a low level of public shares available on the market to trade. … SEHK:1348 Insider_trading May 23rd 18 General Public Ownership The general public holds a substantial 55.91% stake in 1348, making it a highly popular stock among retail investors. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: Institutional ownership level and composition in 1348 is not high nor active enough to significantly impact its investment thesis.

Simply Wall St -

Has Quali-Smart Holdings Limited (HKG:1348) Improved Earnings Growth In Recent Times?

See our latest analysis for Quali-Smart Holdings Commentary On 1348's Past Performance For the most up-to-date info, I use data from the most recent 12 months, which annualizes the latest 6-month earnings release, or some times, the latest annual report is already the most recent financial data. … Each year, for the past half a decade Quali-Smart Holdings's revenue growth has been fairly soft, with an annual growth rate of -0.38%, on average. … Though Quali-Smart Holdings's past data is helpful, it is only one aspect of my investment thesis.

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What You Must Know About Quali-Smart Holdings Limited's (HKG:1348) Financial Strength

How does 1348’s operating cash flow stack up against its debt? … On top of this, 1348 has produced HK$37.80M in operating cash flow during the same period of time, leading to an operating cash to total debt ratio of 42.68%, meaning that 1348’s operating cash is sufficient to cover its debt. … Maintaining a high level of debt, while revenues are still below costs, can be dangerous as liquidity tends to dry up in unexpected downturns.Next Steps: Although 1348’s debt level is towards the higher end of the spectrum, its cash flow coverage seems adequate to meet obligations which means its debt is being efficiently utilised.

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Why Quali-Smart Holdings Limited's (HKG:1348) Investor Composition Impacts Your Returns

This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions. … Thus, investors should dig deeper into 1348's business relations with these companies and how it can affect shareholder returns in the long-term.Next Steps: With a low level of institutional ownership, investors in 1348 need not worry about non-fundamental factors such as ownership structure causing large impact on stock prices.

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Quali-Smart Holdings Limited (HKG:1348) And The Consumer Sector Outlook 2018

Quali-Smart Holdings Limited (SEHK:1348), a HK$810.83M small-cap, is a consumer discretionary company operating in an industry, whose sales are driven primarily by consumer sentiment, which is closely linked to employment and wages. … Below, I will examine the sector growth prospects, and also determine whether Quali-Smart Holdings is a laggard or leader relative to its consumer discretionary sector peers. … See our latest analysis for Quali-Smart Holdings What’s the catalyst for Quali-Smart Holdings's sector growth?

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Are Earnings Prospects Improving For Loss-Making Quali-Smart Holdings Limited's (HKG:1348)?

After looking at Quali-Smart Holdings Limited's (SEHK:1348) latest earnings announcement (30 September 2017), I found it useful to revisit the company's performance in the past couple of years and assess this against the most recent figures. … See our latest analysis for Quali-Smart Holdings How Did 1348's Recent Performance Stack Up Against Its Past? … For Quali-Smart Holdings, its most recent earnings (trailing twelve month) is -HK$84.1M, which compared to the previous year's level, has become less negative.

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Quali-Smart Holdings Limited (HKG:1348): Time For A Financial Health Check

On top of this, 1348 has generated cash from operations of HK$37.8M in the last twelve months, resulting in an operating cash to total debt ratio of 42.68%, meaning that 1348’s debt is appropriately covered by operating cash. … 1348’s high cash coverage means that, although its debt levels are high, the company is able to utilise its borrowings efficiently in order to generate cash flow. … High level of cash generated from operating activities indicates its debt funding is being effectively used.

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Company Info

Description

Quali-Smart Holdings Limited, an investment holding company, engages in the manufacture of toys on OEM/ODM basis in Hong Kong and internationally. The company operates through Manufacturing and Sales of Toys; and Financial Services segments. It focuses on manufacturing toy products for infants aged three or below. It is also involved in principal investments, institutional sales, financial products, research, and corporate access activities, as well as advises on corporate finance and asset management. In addition, the company provides securities brokerage, securities margin financing, and investment advisory and fund management services. Further, it is involved in the trading and investment of securities, debts, and funds. Quali-Smart Holdings Limited was incorporated in 2012 and is headquartered in Tsuen Wan, Hong Kong.

Details
Name: Quali-Smart Holdings Limited
1348
Exchange: SEHK
Founded: 2012
HK$796,085,280
1,474,232,000
Website: http://www.quali-smart.com.hk
Address: Quali-Smart Holdings Limited
TML Tower,
Workshop C on 19th Floor,
Tsuen Wan,
New Territories, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1348 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 23. Jan 2013
Number of employees
Current staff
Staff numbers
56
Quali-Smart Holdings employees.
Industry
Leisure Products
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 12:58
End of day share price update: 2019/05/20 00:00
Last earnings filing: 2018/12/21
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.