SEHK:912

Stock Analysis Report

Suga International Holdings

Executive Summary

Suga International Holdings Limited, an investment holding company, researches, develops, manufactures, and sells electronic and other products.

Snowflake

Fundamentals

Flawless balance sheet average dividend payer.

Share Price & News

How has Suga International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

4.3%

912

0.8%

HK Consumer Durables

0.9%

HK Market


1 Year Return

-13.3%

912

12.0%

HK Consumer Durables

0.6%

HK Market

Return vs Industry: 912 underperformed the Hong Kong Consumer Durables industry which returned 12% over the past year.

Return vs Market: 912 underperformed the Hong Kong Market which returned 0.6% over the past year.


Shareholder returns

912IndustryMarket
7 Day4.3%0.8%0.9%
30 Day1.8%0.9%0.4%
90 Day-8.6%3.8%-5.5%
1 Year-7.4%-13.3%14.0%12.0%4.2%0.6%
3 Year-5.7%-22.1%12.2%4.8%15.5%3.9%
5 Year6.1%-25.2%7.2%-5.4%19.9%-0.1%

Price Volatility Vs. Market

How volatile is Suga International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

8.61x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Undervalued: 912 (HK$1.69) is trading above our estimate of fair value (HK$1.63)

Significantly Undervalued: 912 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 912 is good value based on its PE Ratio (8.6x) compared to the Consumer Durables industry average (12.4x).

PE vs Market: 912 is good value based on its PE Ratio (8.6x) compared to the Hong Kong market (10.3x).


Price to Earnings Growth Ratio

Low PEG Ratio: Insufficient data to calculate 912's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 912 is good value based on its PB Ratio (0.7x) compared to the HK Consumer Durables industry average (0.8x).


Next Steps

Future Growth

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

6.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 912's forecast earnings growth (6.8% per year) is above the savings rate (2%).

Earnings vs Market: 912's earnings (6.8% per year) are forecast to grow slower than the Hong Kong market (11.4% per year).

High Growth Earnings: 912's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 912's revenue is forecast to grow faster than the Hong Kong market.

High Growth Revenue: Insufficient data to determine if 912's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

High Future ROE: Insufficient data to determine if 912's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Suga International Holdings performed over the past 5 years?

-20.9%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: 912's earnings have declined by -20.9% per year over the past 5 years.

Accelerating Growth: 912's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 912 had negative earnings growth (-25%) over the past year, making it difficult to compare to the Consumer Durables industry average (-8.4%).


Return on Equity

High ROE: 912's Return on Equity (7.6%) is considered low.


Return on Assets

ROA vs Industry: 912 has a higher Return on Assets than the Consumer Durables industry average last year.


Return on Capital Employed

ROCE Improving: 912's Return on Capital Employed has declined over the past 3 years.


Next Steps

Financial Health

How is Suga International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 912's short term assets (HK$676.4M) exceeds its short term liabilities (HK$317.7M)

Long Term Liabilities: 912's short term assets (676.4M) exceeds its long term liabilities (357.0K)


Debt to Equity History and Analysis

Debt Level: 912's debt to equity ratio (9.6%) is considered satisfactory

Reducing Debt: 912's debt to equity ratio has reduced from 16.4% to 9.6% over the past 5 years.

Debt Coverage: 912's debt is well covered by operating cash flow (46.5%).

Interest Coverage: 912's interest payments on its debt are well covered by EBIT (33x coverage).


Balance Sheet

Inventory Level: 912 has a high level of physical assets or inventory.

Debt Coverage by Assets: 912's debt is covered by short term assets (assets are 9.726560x debt).


Next Steps

Dividend

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

7.10%

Current Dividend Yield


Dividend Yield vs Market

company7.1%marketbottom25%2.3%markettop25%6.3%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: 912's dividend (7.1%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).

High Dividend: 912's dividend (7.1%) is in the top 25% of dividend payers in the Hong Kong market (6.25%)

Stable Dividend: 912's dividend payments have been volatile in the past 10 years.

Growing Dividend: 912's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (61.1%), 912's dividend payments are 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

What is the CEO of Suga International Holdings's salary, the management and board of directors tenure and is there insider trading?

2.8yrs

Average management tenure


CEO

Chi Ho Ng (69yo)

0yrs

Tenure

HK$7,840,000

Compensation

Dr. Chi Ho Ng Founded Suga International Holdings Ltd. and serves as its Managing Director and Head of Strategic Planning & Development. Dr. Ng is responsible for Suga International Holdings Limited’s over ...


CEO Compensation Analysis

Compensation vs. Market: Chi Ho's total compensation ($USD999.73K) is above average for companies of similar size in the Hong Kong market ($USD212.49K).

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


Management Age and Tenure

2.8yrs

Average Tenure

47yo

Average Age

Experienced Management: 912's management team is considered experienced (2.8 years average tenure).


Board Age and Tenure

7.5yrs

Average Tenure

61yo

Average Age

Experienced Board: 912's board of directors are considered experienced (7.5 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Fung On Ma (61yo)

    Deputy Chairman & Director of Strategic Planning of Manufacturing Affairs

    • Tenure: 0yrs
    • Compensation: HK$2.75m
  • Chi Ho Ng (69yo)

    Founder

    • Tenure: 0yrs
    • Compensation: HK$7.84m
  • Mark Fung (55yo)

    Chief Marketing Officer

    • Tenure: 0yrs
    • Compensation: HK$519.00k
  • Eric Teng (41yo)

    Chief Operation Officer

    • Tenure: 0yrs
  • Alfred Ng (38yo)

    CTO & Executive Director

    • Tenure: 4.4yrs
    • Compensation: HK$2.43m
  • Anthony Ng (36yo)

    Chief Executive Officer of the WePet Group

    • Tenure: 0yrs
  • Zeng Zhi

    Company Secretary

    • Tenure: 2.8yrs
  • Sze Shek Chow (47yo)

    Chief Financial Officer

    • Tenure: 0.4yrs

Board Members

  • Fung On Ma (61yo)

    Deputy Chairman & Director of Strategic Planning of Manufacturing Affairs

    • Tenure: 0yrs
    • Compensation: HK$2.75m
  • Chi Ho Ng (69yo)

    Founder

    • Tenure: 0yrs
    • Compensation: HK$7.84m
  • Steven Leung (60yo)

    Independent Non-Executive Director

    • Tenure: 15.1yrs
    • Compensation: HK$240.00k
  • Nim Kwan Cheung (72yo)

    Independent Non-Executive Director

    • Tenure: 5yrs
    • Compensation: HK$216.00k
  • Kit Wang Chan (66yo)

    Independent Non-Executive Director

    • Tenure: 10.5yrs
    • Compensation: HK$216.00k
  • Arthur Lee (61yo)

    Non-Executive Director

    • Tenure: 10.1yrs
    • Compensation: HK$180.00k
  • Alfred Ng (38yo)

    CTO & Executive Director

    • Tenure: 4.4yrs
    • Compensation: HK$2.43m
  • Wayne Luk (57yo)

    Non-Executive Director

    • Tenure: 1.1yrs
    • Compensation: HK$105.00k

Company Information

Suga International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Suga International Holdings Limited
  • Ticker: 912
  • Exchange: SEHK
  • Founded: 1991
  • Industry: Consumer Electronics
  • Sector: Consumer Durables
  • Market Cap: HK$479.098m
  • Shares outstanding: 283.49m
  • Website: https://www.suga.com.hk

Number of Employees


Location

  • Suga International Holdings Limited
  • Tower B
  • 22nd Floor
  • Kowloon Bay
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
912SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDSep 2002

Biography

Suga International Holdings Limited, an investment holding company, researches, develops, manufactures, and sells electronic and other products. Its solutions include professional audio, e-payment, consume ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 12:43
End of Day Share Price2019/10/18 00:00
Earnings2019/03/31
Annual Earnings2019/03/31


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.