Sky Light Holdings Limited, an investment holding company, develops, manufactures, and sells home surveillance cameras, 360-degree cameras, action cameras and related accessories, and other digital imaging products for the home surveillance camera industry.
Flawless balance sheet and good value.
Share Price & News
How has Sky Light Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3882 has not had significant price volatility in the past 3 months.
7 Day Return
HK Consumer Durables
1 Year Return
HK Consumer Durables
Return vs Industry: 3882 underperformed the Hong Kong Consumer Durables industry which returned 0.3% over the past year.
Return vs Market: 3882 underperformed the Hong Kong Market which returned -7.6% over the past year.
Price Volatility Vs. Market
How volatile is Sky Light Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StWe Wouldn't Rely On Sky Light Holdings's (HKG:3882) Statutory Earnings As A Guide
1 month ago | Simply Wall StHere's Why Sky Light Holdings (HKG:3882) Can Manage Its Debt Responsibly
2 months ago | Simply Wall StShould We Be Delighted With Sky Light Holdings Limited's (HKG:3882) ROE Of 40%?
Is Sky Light Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 3882 (HK$0.28) is trading below our estimate of fair value (HK$1.13)
Significantly Below Fair Value: 3882 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3882 is good value based on its PE Ratio (1.9x) compared to the Consumer Durables industry average (12.4x).
PE vs Market: 3882 is good value based on its PE Ratio (1.9x) compared to the Hong Kong market (10.1x).
Price to Earnings Growth Ratio
PEG Ratio: 3882's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 3882 is overvalued based on its PB Ratio (0.8x) compared to the HK Consumer Durables industry average (0.7x).
How is Sky Light Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3882's earnings are forecast to decline over the next 3 years (-17.3% per year).
Earnings vs Market: 3882's earnings are forecast to decline over the next 3 years (-17.3% per year).
High Growth Earnings: 3882's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 3882's revenue (50.1% per year) is forecast to grow faster than the Hong Kong market (9.6% per year).
High Growth Revenue: 3882's revenue (50.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 3882's Return on Equity is forecast to be high in 3 years time
How has Sky Light Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3882 has a high level of non-cash earnings.
Growing Profit Margin: 3882 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 3882's earnings have declined by -53.3% per year over the past 5 years.
Accelerating Growth: 3882 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 3882 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Durables industry (-0.3%).
Return on Equity
High ROE: 3882's Return on Equity (40.2%) is considered outstanding.
Return on Assets
Return on Capital Employed
How is Sky Light Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 3882's short term assets (HK$381.4M) exceed its short term liabilities (HK$184.2M).
Long Term Liabilities: 3882's short term assets (HK$381.4M) exceed its long term liabilities (HK$44.0M).
Debt to Equity History and Analysis
Debt Level: 3882's debt to equity ratio (7.4%) is considered satisfactory.
Reducing Debt: 3882's debt to equity ratio has reduced from 73.2% to 7.4% over the past 5 years.
Debt Coverage: 3882's debt is well covered by operating cash flow (78.4%).
Interest Coverage: 3882's interest payments on its debt are well covered by EBIT (4498.4x coverage).
Inventory Level: 3882 has a high level of physical assets or inventory.
Debt Coverage by Assets: 3882's debt is covered by short term assets (assets are 15.7x debt).
What is Sky Light Holdings's current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 3882's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 3882's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 3882's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 3882's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 3882 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 3882's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Terry Tang (60yo)
Mr. Wing Fong Tang, also known as Terry, is the Founder, General Manager and Chief Executive Officer at Sky Light Holdings Limited and has been its Chairman since December 18, 2013 and Executive Director s ...
CEO Compensation Analysis
Compensation vs Market: Terry's total compensation ($USD115.82K) is below average for companies of similar size in the Hong Kong market ($USD226.13K).
Compensation vs Earnings: Terry's compensation has been consistent with company performance over the past year.
|CFO, Head of Finance Department||4.9yrs||HK$658.00k||0.38% HK$1.0m|
|Independent Non-Executive Director||2.2yrs||HK$341.00k||no data|
|Independent Non-Executive Director||4.7yrs||HK$356.00k||no data|
|Non-Executive Director||4.9yrs||no data||4.5% HK$12.0m|
|Non-Executive Director||4.9yrs||no data||4.11% HK$11.0m|
|Independent Non-Executive Director||4.7yrs||HK$356.00k||no data|
Experienced Board: 3882's board of directors are considered experienced (4.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 3882 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 4.8%.
Sky Light Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Sky Light Holdings Limited
- Ticker: 3882
- Exchange: SEHK
- Founded: 2000
- Industry: Consumer Electronics
- Sector: Consumer Durables
- Market Cap: HK$266.767m
- Shares outstanding: 952.74m
- Website: https://www.sky-light.com.hk
Number of Employees
- Sky Light Holdings Limited
- No. 8 and 9 Building
- Antuoshan High-tech Industrial Park
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|3882||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jul 2015|
|27L||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jul 2015|
Sky Light Holdings Limited, an investment holding company, develops, manufactures, and sells home surveillance cameras, 360-degree cameras, action cameras and related accessories, and other digital imaging products for the home surveillance camera industry. The company operates in two segments, ODM/JDM and ION360. It offers digital imaging products, such as 360 VR, dash, body worn, and action cameras; and home imaging products, including smart IP cameras, video doorbells, and smart baby monitors, as well as facial recognition, baby sleep care, baby smile detection, and people detection and route tracking solutions. The company also provides joint design manufacturing (JDM) and original design manufacturing (ODM) solutions. It offers its products and services under the iON360 brand in the United States, Mainland China, European Union, Hong Kong, and internationally. Sky Light Holdings Limited was founded in 2000 and is headquartered in Shenzhen, the People’s Republic of China.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/24 13:24|
|End of Day Share Price||2020/02/24 00:00|
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.