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GTI Holdings

SEHK:3344
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
3344
SEHK
HK$863M
Market Cap
  1. Home
  2. HK
  3. Consumer Durables
Company description

GTI Holdings Limited, an investment holding company, produces and sells dyed and cotton yarns and knitted sweaters. The last earnings update was 58 days ago. More info.


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  • GTI Holdings has significant price volatility in the past 3 months.
3344 Share Price and Events
7 Day Returns
5.4%
SEHK:3344
-3.6%
HK Luxury
3.9%
HK Market
1 Year Returns
-45.2%
SEHK:3344
-19.1%
HK Luxury
-8.1%
HK Market
3344 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
GTI Holdings (3344) 5.4% -1.4% -10.5% -45.2% -70.5% -87.8%
HK Luxury -3.6% -5.3% -15% -19.1% 27% 0.9%
HK Market 3.9% 3.5% -3.7% -8.1% 24.6% 7.1%
1 Year Return vs Industry and Market
  • 3344 underperformed the Luxury industry which returned -19.1% over the past year.
  • 3344 underperformed the Market in Hong Kong which returned -8.1% over the past year.
Price Volatility
3344
Industry
5yr Volatility vs Market

Value

 Is GTI 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 GTI Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.137.
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 GTI Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are GTI Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:3344 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$-0.05
SEHK:3344 Share Price ** SEHK (2019-06-25) in HKD HK$0.14
Hong Kong Luxury Industry PE Ratio Median Figure of 74 Publicly-Listed Luxury Companies 9.56x
Hong Kong Market PE Ratio Median Figure of 1,487 Publicly-Listed Companies 10.8x

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

** Primary Listing of GTI Holdings.

SEHK:3344 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:3344 Share Price ÷ EPS (both in HKD)

= 0.14 ÷ -0.05

-2.69x

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

  • GTI Holdings is loss making, we can't compare its value to the HK Luxury industry average.
  • GTI Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does GTI Holdings's expected growth come at a high price?
Raw Data
SEHK:3344 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.69x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Luxury Industry PEG Ratio Median Figure of 22 Publicly-Listed Luxury Companies 0.86x
Hong Kong Market PEG Ratio Median Figure of 470 Publicly-Listed Companies 0.78x

*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 GTI Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on GTI Holdings's assets?
Raw Data
SEHK:3344 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$0.01
SEHK:3344 Share Price * SEHK (2019-06-25) in HKD HK$0.14
Hong Kong Luxury Industry PB Ratio Median Figure of 121 Publicly-Listed Luxury Companies 0.95x
Hong Kong Market PB Ratio Median Figure of 2,172 Publicly-Listed Companies 0.94x
SEHK:3344 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:3344 Share Price ÷ Book Value per Share (both in HKD)

= 0.14 ÷ 0.01

21.2x

* Primary Listing of GTI Holdings.

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

  • GTI Holdings is overvalued based on assets compared to the HK Luxury industry average.
X
Value checks
We assess GTI 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 Luxury 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 Luxury industry average (and greater than 0)? (1 check)
  5. GTI 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 GTI 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 GTI 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
16.6%
Expected Luxury industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is GTI Holdings expected to grow at an attractive rate?
  • Unable to compare GTI Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare GTI Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare GTI Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:3344 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Luxury Industry Earnings Growth Rate Market Cap Weighted Average 16.6%
Hong Kong Luxury Industry Revenue Growth Rate Market Cap Weighted Average 11.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.1%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.4%

*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:3344 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 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:3344 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 611 -146 -275
2018-09-30 576 -157 -207
2018-06-30 542 -167 -140
2018-03-31 478 -194 -120
2017-12-31 414 -221 -101
2017-09-30 377 -189 -193
2017-06-30 339 -158 -285
2017-03-31 403 -94 -317
2016-12-31 467 -31 -350
2016-09-30 626 26 -692
2016-06-30 784 83 -1,034
2016-03-31 873 80 -993

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if GTI Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if GTI 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:3344 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from GTI Holdings Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:3344 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 -0.05
2018-09-30 -0.04
2018-06-30 -0.03
2018-03-31 -0.02
2017-12-31 -0.02
2017-09-30 -0.06
2017-06-30 -0.15
2017-03-31 -0.23
2016-12-31 -0.46
2016-09-30 -0.96
2016-06-30 -1.51
2016-03-31 -1.53

*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 GTI Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of 3344’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. GTI 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. GTI 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 GTI 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 Hong Kong 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.
GTI 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 GTI 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 GTI Holdings's growth in the last year to its industry (Luxury).
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.
  • GTI Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare GTI Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare GTI Holdings's 1-year growth to the HK Luxury industry average as it is not currently profitable.
Earnings and Revenue History
GTI 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 GTI Holdings Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:3344 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 611.05 -275.39 154.58
2018-09-30 576.50 -207.47 154.57
2018-06-30 541.94 -139.54 153.39
2018-03-31 477.90 -120.44 152.82
2017-12-31 413.86 -101.33 153.40
2017-09-30 376.67 -193.00 166.12
2017-06-30 339.48 -284.67 178.84
2017-03-31 403.31 -317.22 180.34
2016-12-31 467.14 -349.77 181.84
2016-09-30 625.79 -692.06 184.65
2016-06-30 784.44 -1,034.35 187.45
2016-03-31 872.76 -992.74 192.03
2015-12-31 961.07 -951.13 196.60
2015-09-30 984.45 -577.06 195.84
2015-06-30 1,007.82 -202.98 195.08
2015-03-31 1,012.05 -193.62 205.15
2014-12-31 1,016.28 -184.26 215.21
2014-09-30 1,162.65 -101.21 221.14
2014-06-30 1,309.01 -18.17 227.08
2014-03-31 1,355.34 20.64 232.67
2013-12-31 1,401.67 59.46 238.26
2013-09-30 1,377.31 52.17 235.63
2013-06-30 1,352.95 44.88 233.01
2013-03-31 1,401.58 38.51 225.43
2012-12-31 1,450.21 32.14 217.85
2012-09-30 1,366.53 55.84 203.39
2012-06-30 1,282.85 79.53 188.93

*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 GTI 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 GTI Holdings has efficiently used its assets last year compared to the HK Luxury industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if GTI 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 GTI 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 Luxury 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.
GTI 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 GTI 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 GTI Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • GTI Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • GTI Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of GTI 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.
  • High level of physical assets or inventory.
  • Debt is not covered by short term assets, assets are 0.6x 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 GTI Holdings Company Filings, last reported 5 months ago.

SEHK:3344 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 64.47 544.30 24.43
2018-09-30 64.47 544.30 24.43
2018-06-30 15.23 466.40 24.08
2018-03-31 15.23 466.40 24.08
2017-12-31 138.75 424.47 70.25
2017-09-30 138.75 424.47 70.25
2017-06-30 153.04 531.11 133.80
2017-03-31 153.04 531.11 133.80
2016-12-31 -89.65 729.58 109.30
2016-09-30 -89.65 729.58 109.30
2016-06-30 80.44 999.42 64.23
2016-03-31 80.44 999.42 64.23
2015-12-31 263.59 997.80 95.81
2015-09-30 263.59 997.80 95.81
2015-06-30 1,053.18 1,138.34 74.53
2015-03-31 1,053.18 1,138.34 74.53
2014-12-31 947.82 1,159.30 147.23
2014-09-30 947.82 1,159.30 147.23
2014-06-30 1,095.06 1,370.02 68.00
2014-03-31 1,095.06 1,370.02 68.00
2013-12-31 1,108.98 1,202.61 84.68
2013-09-30 1,108.98 1,202.61 84.68
2013-06-30 1,098.01 1,278.65 162.67
2013-03-31 1,098.01 1,278.65 162.67
2012-12-31 1,077.34 1,174.44 133.88
2012-09-30 1,077.34 1,174.44 133.88
2012-06-30 1,054.46 1,131.80 123.97
  • GTI Holdings's level of debt (845%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (108.6% vs 845% 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.

  • GTI Holdings has less than a year of cash runway based on current free cash flow.
  • GTI Holdings has less than a year of cash runway if free cash flow continues to grow at historical rates of 78.8% each year.
X
Financial health checks
We assess GTI 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. GTI Holdings has a total score of 1/6, 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 GTI 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 GTI Holdings dividends.
If you bought HK$2,000 of GTI 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 GTI Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate GTI 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:3344 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 Luxury Industry Average Dividend Yield Market Cap Weighted Average of 57 Stocks 4.2%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 966 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 5.9%

Industry and Market average data is calculated daily.

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

SEHK:3344 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2015-09-22 0.000 0.000
2015-08-28 0.000 0.000
2015-04-27 0.000 0.000
2015-03-27 0.000 0.000
2014-09-25 0.000 0.000
2014-08-29 0.000 0.000
2014-04-29 0.040 3.404
2013-08-28 0.040 3.046
2013-04-25 0.020 1.977
2013-03-25 0.020 1.982
2012-03-28 0.020 2.202
2011-04-12 0.030 3.871
2010-04-21 0.020 1.683
2009-09-25 0.000 0.000
2009-09-21 0.000 0.000
2009-04-17 0.000 0.000

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

  • Unable to perform a dividend volatility check as GTI Holdings has not reported any payouts.
  • Unable to verify if GTI Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of GTI Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as GTI 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 GTI 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 GTI Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. GTI 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 GTI 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.
CEO
Tat Chung Cheung
COMPENSATION HK$969,000
AGE 63
TENURE AS CEO 2.8 years
CEO Bio

Mr. Tat Chung Cheung has been Chief Executive Officer and Executive Director at Addchance Holdings Limited since August 13, 2016. Mr. Cheung is responsible for the all day-to-day management decisions and for implementing the Addchance’s long and short term plans. He has over 28 years’ experience in sales & marketing, relationship management and operations within trade finance/corporate banking financial institutions with various international banks in Hong Kong. In addition, Mr. Cheung also has over 14 years solid and hands-on experience in factory management in Guangdong and Jiangsu Province in Mainland China within the period 1998 to 2011. He is an active member of the Greater China Financial Professionals Association.

CEO Compensation
  • Tat Chung's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Tat Chung's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the GTI Holdings management team in years:

3.6
Average Tenure
52
Average Age
  • The tenure for the GTI Holdings management team is about average.
Management Team

Sum Poon

TITLE
Chairman of the Board
COMPENSATION
HK$3M
AGE
54

Tat Chung Cheung

TITLE
CEO & Executive Director
COMPENSATION
HK$969K
AGE
63
TENURE
2.8 yrs

Perry Ng

TITLE
Executive Director
COMPENSATION
HK$244K
AGE
50

Siu Kay Ip

TITLE
Financial Controller
AGE
46
TENURE
3.6 yrs

Chun Ming Lin

TITLE
Senior Manager of Sales Department
AGE
65

Xiangbin Hao

TITLE
Executive director
AGE
52

Shirley Hui

TITLE
Company Secretary
AGE
50
TENURE
3.6 yrs
Board of Directors Tenure

Average tenure and age of the GTI Holdings board of directors in years:

2.8
Average Tenure
57.5
Average Age
  • The average tenure for the GTI Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Sum Poon

TITLE
Chairman of the Board
COMPENSATION
HK$3M
AGE
54
TENURE
2.2 yrs

Tat Chung Cheung

TITLE
CEO & Executive Director
COMPENSATION
HK$969K
AGE
63
TENURE
2.8 yrs

Perry Ng

TITLE
Executive Director
COMPENSATION
HK$244K
AGE
50
TENURE
0.8 yrs

Xiangbin Hao

TITLE
Executive director
AGE
52
TENURE
0.4 yrs

Shu Kin Chan

TITLE
Independent Non-Executive Director
COMPENSATION
HK$240K
AGE
63
TENURE
4 yrs

Kwok Sang Tse

TITLE
Independent Non-Executive Director
COMPENSATION
HK$240K
AGE
61
TENURE
3.9 yrs

Wai Piu Chiu

TITLE
Independent Non-Executive Director
COMPENSATION
HK$240K
AGE
70
TENURE
3.8 yrs

Fai Tsang

TITLE
Director of Chinakey (Hong Kong) Limited
COMPENSATION
HK$902K
AGE
45
Who owns this company?
Recent Insider Trading
  • No 3 month individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
21. Jan 19 Buy Sum Poon Individual 17. Jan 19 17. Jan 19 10,380,000 HK$0.24 HK$2,480,847
27. Jan 19 Sell Sum Poon Individual 23. Jan 19 23. Jan 19 -74,012,000 HK$0.23 HK$-16,867,239
11. Jan 19 Sell Sum Poon Individual 08. Jan 19 08. Jan 19 -2,000,000 HK$0.22 HK$-440,002
10. Jan 19 Sell Sum Poon Individual 07. Jan 19 07. Jan 19 -5,000,000 HK$0.20 HK$-1,019,997
24. Dec 18 Buy Sum Poon Individual 19. Dec 18 19. Dec 18 4,056,000 HK$0.36 HK$1,480,429
21. Dec 18 Sell Sum Poon Individual 14. Dec 18 14. Dec 18 -52,792,000 HK$0.34 HK$-17,949,198
19. Dec 18 Sell Sum Poon Individual 14. Dec 18 14. Dec 18 -16,650,000 HK$0.34 HK$-5,660,974
18. Dec 18 Sell Sum Poon Individual 13. Dec 18 13. Dec 18 -4,052,000 HK$0.35 HK$-1,418,209
18. Dec 18 Buy Sum Poon Individual 13. Dec 18 13. Dec 18 4,052,000 HK$0.35 HK$1,418,209
18. Dec 18 Buy Sum Poon Individual 13. Dec 18 13. Dec 18 6,800,000 HK$0.34 HK$2,295,015
17. Dec 18 Buy Sum Poon Individual 11. Dec 18 11. Dec 18 4,800,000 HK$0.34 HK$1,654,566
01. Nov 18 Sell Sum Poon Individual 31. Oct 18 31. Oct 18 -160,000,000 HK$0.35 HK$-56,799,389
07. Sep 18 Sell Sum Poon Individual 04. Sep 18 04. Sep 18 -200,000,000 HK$0.23 HK$-45,000,496
16. Jul 18 Buy Sum Poon Individual 12. Jul 18 12. Jul 18 2,000,000 HK$0.23 HK$453,405
13. Jul 18 Buy Sum Poon Individual 11. Jul 18 11. Jul 18 1,200,000 HK$0.23 HK$277,560
11. Jul 18 Buy Sum Poon Individual 06. Jul 18 06. Jul 18 2,000,000 HK$0.25 HK$491,995
10. Jul 18 Buy Sum Poon Individual 05. Jul 18 05. Jul 18 806,000 HK$0.24 HK$193,845
09. Jul 18 Buy Sum Poon Individual 04. Jul 18 04. Jul 18 1,200,000 HK$0.24 HK$287,638
06. Jul 18 Buy Sum Poon Individual 03. Jul 18 03. Jul 18 760,000 HK$0.23 HK$174,951
05. Jul 18 Buy Sum Poon Individual 29. Jun 18 29. Jun 18 564,000 HK$0.24 HK$137,614
30. Jun 18 Buy Sum Poon Individual 27. Jun 18 27. Jun 18 1,416,000 HK$0.24 HK$340,692
13. Jul 18 Buy Sum Poon Individual 10. Jul 18 10. Jul 18 400,000 HK$0.24 HK$95,999
X
Management checks
We assess GTI 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. GTI 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

How Much Of GTI Holdings Limited (HKG:3344) Do Insiders Own?

As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.' With a market capitalization of HK$850m, GTI Holdings is a small cap stock, so it might not be well known by many institutional investors. … View our latest analysis for GTI Holdings SEHK:3344 Ownership Summary, June 7th 2019 What Does The Lack Of Institutional Ownership Tell Us About GTI Holdings? … Insider Ownership Of GTI Holdings The definition of an insider can differ slightly between different countries, but members of the board of directors always count.

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If You Had Bought GTI Holdings (HKG:3344) Stock Five Years Ago, You'd Be Sitting On A 89% Loss, Today

GTI Holdings isn't currently profitable, so most analysts would look to revenue growth to get an idea of how fast the underlying business is growing. … As you can imagine, fast revenue growth, when maintained, often leads to fast profit growth. … This kind of price performance makes us very wary, especially when combined with falling revenue.

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Did GTI Holdings Limited (HKG:3344) Insiders Sell Shares?

So shareholders might well want to know whether insiders have been buying or selling shares in GTI Holdings Limited (HKG:3344). … The Last 12 Months Of Insider Transactions At GTI Holdings. … Over the last year, we can see that the biggest insider sale was by Chairman of the Board Sum Poon for HK$57m worth of shares, at about HK$0.35 per share.

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How Much is GTI Holdings Limited's (HKG:3344) CEO Getting Paid?

This analysis aims first to contrast CEO compensation with other companies that have similar market capitalization. … How Does Tat Chung Cheung's Compensation Compare With Similar Sized Companies. … Our data indicates that GTI Holdings Limited is worth HK$1.3b, and total annual CEO compensation is HK$978k.

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Do Institutions Own GTI Holdings Limited (HKG:3344) Shares?

A look at the shareholders of GTI Holdings Limited (HKG:3344) can tell us which group is most powerful. … GTI Holdings is not a large company by global standards. … View our latest analysis for GTI Holdings

Simply Wall St -

GTI Holdings Limited (HKG:3344) Insiders Have Been Selling

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. … So shareholders might well want to know whether insiders have been buying or selling shares in GTI Holdings Limited (HKG:3344). … It is perfectly legal for company insiders, including board members, to buy and sell stock in a company.

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Could GTI Holdings Limited's (HKG:3344) Investor Composition Influence The Stock Price?

The big shareholder groups in GTI Holdings Limited (HKG:3344) have power over the company. … Our analysis of the ownership of the company, below, shows that. … We can zoom in on the different ownership groups, to learn more about 3344

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Is GTI Holdings Limited's (HKG:3344) Balance Sheet A Threat To Its Future?

GTI Holdings Limited (HKG:3344) is a small-cap stock with a market capitalization of HK$1.35b. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health.

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What Are The Drivers Of GTI Holdings Limited's (HKG:3344) Risks?

Generally, an investor should consider two types of risk that impact the market value of 3344. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … Based on this beta value, 3344 appears to be a stock that an investor with a high-beta portfolio would look for to reduce risk exposure to the market.

Simply Wall St -

Who Are The Major Shareholders In GTI Holdings Limited (HKG:3344)?

In this analysis, my focus will be on developing a perspective on GTI Holdings Limited’s (SEHK:3344) latest ownership structure, a less discussed, but important factor. … View our latest analysis for GTI Holdings SEHK:3344 Ownership_summary Apr 7th 18 Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … A major group of owners of 3344 is individual insiders, sitting with a hefty 85.31% stake in the company.

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Company Info

Description

GTI Holdings Limited, an investment holding company, produces and sells dyed and cotton yarns and knitted sweaters. The company operates through four segments: Production, Sale and Trading of Textile Products; Trading of Petroleum; Provision of Financial Services; and RMB Banknotes Clearing up Services and Others. Its products include dyed yarns made of cotton, cashmere, ramie, rayon, acrylic, polyester, silk, wool, nylon, and linen, as well as a mixture of various dyed yarns; and knitted sweaters comprising cardigans and pullovers, as well as socks and hosiery products. The company also provides yarn dyeing and knitting services; trades in dyed yarn, cotton raw white yarn, and fancy yarn; and invests in natural gas business. In addition, it is involved in the manufacture and trading of knitted clothes, hats, gloves, socks, and scarves; trading of knitted sweaters, garments and environment products; provision of human resource management, office, and asset management services; and property holding business. The company operates in the People's Republic of China and other Asian countries, Europe, and North America. GTI Holdings Limited was formerly known as Addchance Holdings Limited and changed its name to GTI Holdings Limited in February 2018. The company was incorporated in 2004 and is headquartered in Cheung Sha Wan, Hong Kong.

Details
Name: GTI Holdings Limited
3344
Exchange: SEHK
Founded: 2004
HK$862,937,815
6,298,816,169
Website: http://www.gtiholdings.com.hk
Address: GTI Holdings Limited
822 Lai Chi Kok Road,
9th floor,
Cheung Sha Wan,
Kowloon, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 3344 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 05. Oct 2005
Number of employees
Current staff
Staff numbers
2,977
GTI Holdings employees.
Industry
Textiles
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/26 01:47
End of day share price update: 2019/06/25 00:00
Last earnings filing: 2019/04/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


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.