Q Technology (Group)
Market Cap
HK$17.3b
Last Updated
2021/02/28 10:18 UTC
Data Sources
Company Financials +
Executive Summary
Q Technology (Group) Company Limited engages in the research and development, design, manufacture, and sale of camera and fingerprint recognition modules in the People’s Republic of China and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Outstanding track record with high growth potential.
Share Price & News
How has Q Technology (Group)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1478 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 1478's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
-15.2%
1478
-15.7%
HK Consumer Durables
-5.9%
HK Market
1 Year Return
34.5%
1478
87.2%
HK Consumer Durables
21.6%
HK Market
Return vs Industry: 1478 underperformed the Hong Kong Consumer Durables industry which returned 87% over the past year.
Return vs Market: 1478 exceeded the Hong Kong Market which returned 21.6% over the past year.
Shareholder returns
| 1478 | Industry | Market | |
|---|---|---|---|
| 7 Day | -15.2% | -15.7% | -5.9% |
| 30 Day | -6.7% | 5.6% | 2.7% |
| 90 Day | 47.4% | 19.1% | 10.9% |
| 1 Year | 35.8%34.5% | 93.6%87.2% | 26.3%21.6% |
| 3 Year | 34.7%31.6% | 22.3%15.1% | 4.2%-6.7% |
| 5 Year | 1,209.5%1,170.7% | 76.8%53.8% | 58.3%31.3% |
Long-Term Price Volatility Vs. Market
How volatile is Q Technology (Group)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Q Technology (Group)'s (HKG:1478) Earnings Are Growing But Is There More To The Story?3 weeks ago | Simply Wall St
Should You Investigate Q Technology (Group) Company Limited (HKG:1478) At HK$16.46?1 month ago | Simply Wall St
These Trends Paint A Bright Future For Q Technology (Group) (HKG:1478)Valuation
Is Q Technology (Group) undervalued compared to its fair value and its price relative to the market?
20.35x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1478 (HK$14.74) is trading above our estimate of fair value (HK$5.4)
Significantly Below Fair Value: 1478 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1478 is poor value based on its PE Ratio (20.4x) compared to the HK Consumer Durables industry average (9.8x).
PE vs Market: 1478 is poor value based on its PE Ratio (20.4x) compared to the Hong Kong market (12.2x).
Price to Earnings Growth Ratio
PEG Ratio: 1478 is good value based on its PEG Ratio (0.9x)
Price to Book Ratio
PB vs Industry: 1478 is overvalued based on its PB Ratio (4.6x) compared to the HK Consumer Durables industry average (0.9x).
Next Steps
Future Growth
How is Q Technology (Group) forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
23.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1478's forecast earnings growth (23.1% per year) is above the savings rate (1.5%).
Earnings vs Market: 1478's earnings (23.1% per year) are forecast to grow faster than the Hong Kong market (21.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 1478's revenue (17.6% per year) is forecast to grow faster than the Hong Kong market (13.6% per year).
High Growth Revenue: 1478's revenue (17.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1478's Return on Equity is forecast to be high in 3 years time (22.7%)
Next Steps
Past Performance
How has Q Technology (Group) performed over the past 5 years?
27.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1478 has high quality earnings.
Growing Profit Margin: 1478's current net profit margins (4.1%) are higher than last year (2.5%).
Past Earnings Growth Analysis
Earnings Trend: 1478's earnings have grown significantly by 27.9% per year over the past 5 years.
Accelerating Growth: 1478's earnings growth over the past year (180.9%) exceeds its 5-year average (27.9% per year).
Earnings vs Industry: 1478 earnings growth over the past year (180.9%) exceeded the Consumer Durables industry 16.2%.
Return on Equity
High ROE: 1478's Return on Equity (22%) is considered high.
Next Steps
Financial Health
How is Q Technology (Group)'s financial position?
Financial Position Analysis
Short Term Liabilities: 1478's short term assets (CN¥8.0B) exceed its short term liabilities (CN¥7.9B).
Long Term Liabilities: 1478's short term assets (CN¥8.0B) exceed its long term liabilities (CN¥342.0M).
Debt to Equity History and Analysis
Debt Level: 1478's debt to equity ratio (67.3%) is considered high.
Reducing Debt: 1478's debt to equity ratio has increased from 31.4% to 67.3% over the past 5 years.
Debt Coverage: 1478's debt is well covered by operating cash flow (98.6%).
Interest Coverage: 1478's interest payments on its debt are well covered by EBIT (19.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Q Technology (Group) current dividend yield, its reliability and sustainability?
0.73%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1478's dividend (0.73%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.03%).
High Dividend: 1478's dividend (0.73%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.3%).
Stability and Growth of Payments
Stable Dividend: 1478 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.
Growing Dividend: 1478 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 1478 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1478'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?
1.7yrs
Average management tenure
CEO
Sanmu Hu (44 yo)
0.17
Tenure
CN¥982,000
Compensation
Mr. Sanmu Hu serves as the Chief Executive Officer at Q Technology (Group) Company Limited since December 15, 2020. He serves as a Vice President of Sales at Q Technology (Group) Company Limited and has be...
CEO Compensation Analysis
Compensation vs Market: Sanmu's total compensation ($USD151.70K) is below average for companies of similar size in the Hong Kong market ($USD580.71K).
Compensation vs Earnings: Sanmu's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 6.25yrs | CN¥317.00k | 64.28% CN¥ 11.1b | |
| CEO, VP of Sales & Executive Director | 0.17yr | CN¥982.00k | 0.20% CN¥ 35.1m | |
| Chief Financial Officer | 0.17yr | no data | no data | |
| Vice President of Technology Center | no data | no data | no data | |
| Executive Director | 0.17yr | no data | 0.25% CN¥ 43.7m | |
| Senior Human Resources Manager | no data | no data | no data | |
| Company Secretary | 3.25yrs | no data | no data |
1.7yrs
Average Tenure
44yo
Average Age
Experienced Management: 1478's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 6.25yrs | CN¥317.00k | 64.28% CN¥ 11.1b | |
| CEO, VP of Sales & Executive Director | 0.17yr | CN¥982.00k | 0.20% CN¥ 35.1m | |
| Executive Director | 0.17yr | no data | 0.25% CN¥ 43.7m | |
| Independent Non-Executive Director | 3.75yrs | CN¥88.00k | 0.017% CN¥ 2.9m | |
| Independent Non-Executive Director | 6.25yrs | CN¥88.00k | no data | |
| Independent Non-Executive Director | 6.25yrs | CN¥88.00k | no data |
5.4yrs
Average Tenure
49.5yo
Average Age
Experienced Board: 1478's board of directors are considered experienced (5.4 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
Q Technology (Group) Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Q Technology (Group) Company Limited
- Ticker: 1478
- Exchange: SEHK
- Founded: 2007
- Industry: Consumer Electronics
- Sector: Consumer Durables
- Market Cap: HK$17.279b
- Shares outstanding: 1.17b
- Website: https://www.qtechglobal.com
Number of Employees
Location
- Q Technology (Group) Company Limited
- No. 3 Taihong Road
- Hi-tech Industry Park
- Kunshan
- Jiangsu Province
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1478 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Dec 2014 |
| 1478 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Dec 2014 |
| 1478 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Dec 2014 |
Biography
Q Technology (Group) Company Limited engages in the research and development, design, manufacture, and sale of camera and fingerprint recognition modules in the People’s Republic of China and international...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/28 10:18 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.