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833

Alltronics HoldingsSEHK:833 Stock Report

Market Cap

HK$298.0m

7D

-3.0%

1Y

-37.3%

Updated

24 Sep, 2021

Data

Company Financials
833 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance3/6
Financial Health5/6
Dividends4/6

833 Overview

Alltronics Holdings Limited, an investment holding company, manufactures and trades in electronic products, plastic moulds, and plastics and other components for electronic products primarily in the United States, Hong Kong, Europe, the People’s Republic of China, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Alltronics Holdings
Historical stock prices
Current Share PriceHK$0.32
52 Week HighHK$0.30
52 Week LowHK$0.78
Beta1.38
1 Month Change0%
3 Month Change-16.88%
1 Year Change-37.26%
3 Year Change-78.08%
5 Year Change-79.72%
Change since IPO-12.88%

Recent News & Updates

Aug 26
Alltronics Holdings (HKG:833) Is Investing Its Capital With Increasing Efficiency

Alltronics Holdings (HKG:833) Is Investing Its Capital With Increasing Efficiency

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...

Apr 28
We Think Alltronics Holdings' (HKG:833) Robust Earnings Are Conservative

We Think Alltronics Holdings' (HKG:833) Robust Earnings Are Conservative

Alltronics Holdings Limited ( HKG:833 ) just reported healthy earnings but the stock price didn't move much. Investors...

Shareholder Returns

833HK Consumer DurablesHK Market
7D-3.0%-3.2%-0.9%
1Y-37.3%12.7%10.1%

Return vs Industry: 833 underperformed the Hong Kong Consumer Durables industry which returned 12.7% over the past year.

Return vs Market: 833 underperformed the Hong Kong Market which returned 10.1% over the past year.

Price Volatility

Is 833's price volatile compared to industry and market?
833 volatility
833 Beta1.38
Industry Beta1.56
Market Beta1

Stable Share Price: 833 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 833's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19933,041Eric Lamhttps://www.alltronics.com.hk

Alltronics Holdings Limited, an investment holding company, manufactures and trades in electronic products, plastic moulds, and plastics and other components for electronic products primarily in the United States, Hong Kong, Europe, the People’s Republic of China, and internationally. The company operates in three segments: Electronic Products, Biodiesel Products, and Energy Saving Business. It engages in the research, development, manufacture, and sale of home improvement electronic products, including irrigation controllers, carbon monoxide detectors, audio equipment, smart cards and readers, radio-controlled clocks and clock movement units, and battery chargers.

Alltronics Holdings Fundamentals Summary

How do Alltronics Holdings's earnings and revenue compare to its market cap?
833 fundamental statistics
Market CapHK$298.03m
Earnings (TTM)HK$128.19m
Revenue (TTM)HK$2.34b

2.4x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
833 income statement (TTM)
RevenueHK$2.34b
Cost of RevenueHK$1.93b
Gross ProfitHK$409.19m
ExpensesHK$281.00m
EarningsHK$128.19m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.14
Gross Margin17.48%
Net Profit Margin5.48%
Debt/Equity Ratio43.1%

How did 833 perform over the long term?

See historical performance and comparison

Dividends

9.4%

Current Dividend Yield

22%

Payout Ratio

Does 833 pay a reliable dividends?

See 833 dividend history and benchmarks
When do you need to buy 833 by to receive an upcoming dividend?
Alltronics Holdings dividend dates
Ex Dividend DateSep 24 2021
Dividend Pay DateOct 28 2021
Days until Ex dividend1 day
Days until Dividend pay date33 days

Does 833 pay a reliable dividends?

See 833 dividend history and benchmarks

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 833 (HK$0.32) is trading below our estimate of fair value (HK$2.7)

Significantly Below Fair Value: 833 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 833 is good value based on its PE Ratio (2.4x) compared to the Hong Kong Consumer Durables industry average (7.9x).

PE vs Market: 833 is good value based on its PE Ratio (2.4x) compared to the Hong Kong market (9.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 833's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 833 is good value based on its PB Ratio (0.6x) compared to the HK Consumer Durables industry average (0.8x).


Future Growth

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

21.7%

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 Alltronics 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 Alltronics Holdings performed over the past 5 years?

-25.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 833 has high quality earnings.

Growing Profit Margin: 833 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 833's earnings have declined by 25.4% per year over the past 5 years.

Accelerating Growth: 833 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 833 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Consumer Durables industry (19.6%).


Return on Equity

High ROE: 833's Return on Equity (25.6%) is considered high.


Financial Health

How is Alltronics Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 833's short term assets (HK$952.8M) exceed its short term liabilities (HK$738.4M).

Long Term Liabilities: 833's short term assets (HK$952.8M) exceed its long term liabilities (HK$70.4M).


Debt to Equity History and Analysis

Debt Level: 833's debt to equity ratio (43.1%) is considered high.

Reducing Debt: 833's debt to equity ratio has reduced from 80.1% to 43.1% over the past 5 years.

Debt Coverage: 833's debt is well covered by operating cash flow (90.3%).

Interest Coverage: 833's interest payments on its debt are well covered by EBIT (24.7x coverage).


Balance Sheet


Dividend

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

9.37%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 833's dividend (9.37%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.25%).

High Dividend: 833's dividend (9.37%) is in the top 25% of dividend payers in the Hong Kong market (6.77%)


Stability and Growth of Payments

Stable Dividend: 833's dividend payments have been volatile in the past 10 years.

Growing Dividend: 833's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.1%), 833's dividend payments are well 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?

9.5yrs

Average board tenure


CEO

Eric Lam (41 yo)

1.25yrs

Tenure

HK$3,212,000

Compensation

Mr. Chee Tai Lam, also known as Eric, has been an Executive Director at Alltronics Holdings Ltd. since March 30, 2012 and also serves as its Chief Executive Officer since June 12, 2020. Mr. Lam joined Allt...


CEO Compensation Analysis

Compensation vs Market: Eric's total compensation ($USD412.61K) is above average for companies of similar size in the Hong Kong market ($USD229.48K).

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


Board Members

Experienced Board: 833's board of directors are considered experienced (9.5 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

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


Key Information

  • Name: Alltronics Holdings Limited
  • Ticker: 833
  • Exchange: SEHK
  • Founded: 1993
  • Industry: Household Appliances
  • Sector: Consumer Durables
  • Market Cap: HK$298.027m
  • Shares outstanding: 946.12m
  • Website: https://www.alltronics.com.hk

Number of Employees


Location

  • Alltronics Holdings Limited
  • Unit 408, Citicorp Centre
  • 4th Floor
  • Hong Kong
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:37
End of Day Share Price2021/09/24 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.