SEHK:912

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Suga International Holdings

Executive Summary

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


Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.

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

Stable Share Price: 912's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-4.4%

912

0.03%

HK Consumer Durables

1.2%

HK Market


1 Year Return

-27.1%

912

-1.3%

HK Consumer Durables

-9.9%

HK Market

Return vs Industry: 912 underperformed the Hong Kong Consumer Durables industry which returned -1.3% over the past year.

Return vs Market: 912 underperformed the Hong Kong Market which returned -9.9% over the past year.


Shareholder returns

912IndustryMarket
7 Day-4.4%0.03%1.2%
30 Day-5.8%-1.9%-3.7%
90 Day-21.3%-8.0%-6.8%
1 Year-21.7%-27.1%0.4%-1.3%-7.0%-9.9%
3 Year-40.5%-51.1%-15.1%-20.3%-4.8%-14.4%
5 Year-33.6%-52.2%-20.8%-29.3%-15.1%-28.3%

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?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 912 (HK$1.29) is trading below our estimate of fair value (HK$3.4)

Significantly Below Fair Value: 912 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 912 is good value based on its PE Ratio (7.1x) compared to the Consumer Durables industry average (8.8x).

PE vs Market: 912 is good value based on its PE Ratio (7.1x) compared to the Hong Kong market (9.3x).


Price to Earnings Growth Ratio

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 (0.5x) compared to the HK Consumer Durables industry average (0.7x).


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?

15.0%

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 Suga International 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.


Next Steps

Past Performance

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

-24.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 912 has high quality earnings.

Growing Profit Margin: 912's current net profit margins (3%) are lower than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: 912's earnings have declined by -24.2% 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 (-19.5%) over the past year, making it difficult to compare to the Consumer Durables industry average (8.3%).


Return on Equity

High ROE: 912's Return on Equity (7%) is considered low.


Next Steps

Financial Health

How is Suga International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 912's short term assets (HK$801.0M) exceed its short term liabilities (HK$425.3M).

Long Term Liabilities: 912's short term assets (HK$801.0M) exceed its long term liabilities (HK$4.7M).


Debt to Equity History and Analysis

Debt Level: 912's debt to equity ratio (12.2%) is considered satisfactory.

Reducing Debt: 912's debt to equity ratio has reduced from 12.5% to 12.2% over the past 5 years.

Debt Coverage: 912's debt is well covered by operating cash flow (124%).

Interest Coverage: 912's interest payments on its debt are well covered by EBIT (17x coverage).


Balance Sheet


Next Steps

Dividend

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

9.30%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 912's dividend (9.3%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.58%).

High Dividend: 912's dividend (9.3%) is in the top 25% of dividend payers in the Hong Kong market (7.38%)


Stability and Growth of Payments

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 (66.1%), 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

How experienced are the management team and are they aligned to shareholders interests?

3.4yrs

Average management tenure


CEO

Chi Ho Ng (69yo)

no data

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 ($USD1.01M) is above average for companies of similar size in the Hong Kong market ($USD224.71K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Chi Ho Ng
Founderno dataHK$7.84m60.15% HK$220.0m
Fung On Ma
Deputy Chairman & Director of Strategic Planning of Manufacturing Affairsno dataHK$2.75m5.02% HK$18.3m
Man Cheuk Ng
CTO & Executive Director5yrsHK$2.43m0.35% HK$1.3m
Sze Shek Chow
Chief Financial Officer1yrno datano data
Boon Han Teng
Chief Operation Officerno datano datano data
Chi Leung Fung
Chief Marketing Officerno dataHK$519.00kno data
Man Chun Ng
Chief Executive Officer of the WePet Groupno datano datano data
Zeng Zhi
Company Secretary3.42yrsno datano data

3.4yrs

Average Tenure

47yo

Average Age

Experienced Management: 912's management team is considered experienced (3.4 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Chi Ho Ng
Founderno dataHK$7.84m60.15% HK$220.0m
Fung On Ma
Deputy Chairman & Director of Strategic Planning of Manufacturing Affairsno dataHK$2.75m5.02% HK$18.3m
Man Cheuk Ng
CTO & Executive Director5yrsHK$2.43m0.35% HK$1.3m
Yu Ming Leung
Independent Non-Executive Director15.58yrsHK$240.00k0.19% HK$683.7k
Nim Kwan Cheung
Independent Non-Executive Director5.58yrsHK$216.00kno data
Kit Wang Chan
Independent Non-Executive Director11yrsHK$216.00k0.071% HK$258.0k
Kam Hung Lee
Non-Executive Director10.58yrsHK$180.00k0.44% HK$1.6m
Wing Ching Luk
Non-Executive Director1.58yrsHK$105.00kno data

8.1yrs

Average Tenure

61yo

Average Age

Experienced Board: 912's board of directors are considered experienced (8.1 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

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$365.702m
  • 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, consumer electronics, industrial, smart classroom, IoT and connectivity, network infrastructure, and energy saving solutions. The company also offers electronics manufacturing, original design manufacturing, and plastic injection molding services. In addition, it is involved in the manufacture of molds and plastic products; trading of molds, and plastic and electronic products; distribution of pet food and products; and property holding activities, as well as in the provision of consulting services. The company operates in the United States, Japan, the People’s Republic of China, the United Kingdom, Taiwan, France, Australia, Germany, and internationally. Suga International Holdings Limited was founded in 1991 and is headquartered in Kowloon Bay, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 12:56
End of Day Share Price2020/05/29 00:00
Earnings2019/09/30
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.