SEHK:8483

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Executive Summary

Max Sight Group Holdings Limited, an investment holding company, primarily engages in the provision of photography services by supplying automatic identity photo booths in Hong Kong and the People’s Republic of China.


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Max Sight Group Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8483 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

5.0%

8483

3.5%

HK Consumer Services

3.0%

HK Market


1 Year Return

-37.0%

8483

37.3%

HK Consumer Services

-0.9%

HK Market

Return vs Industry: 8483 underperformed the Hong Kong Consumer Services industry which returned 37.3% over the past year.

Return vs Market: 8483 underperformed the Hong Kong Market which returned -0.9% over the past year.


Shareholder returns

8483IndustryMarket
7 Day5.0%3.5%3.0%
30 Day-1.6%4.2%6.1%
90 Day-3.1%23.6%12.1%
1 Year-33.8%-37.0%40.2%37.3%3.1%-0.9%
3 Yearn/a12.9%6.6%7.1%-4.4%
5 Yearn/a-5.8%-12.0%8.7%-9.4%

Price Volatility Vs. Market

How volatile is Max Sight Group Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Max Sight Group 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: 8483 (HK$0.06) is trading below our estimate of fair value (HK$0.49)

Significantly Below Fair Value: 8483 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8483 is unprofitable, so we can't compare its PE Ratio to the HK Consumer Services industry average.

PE vs Market: 8483 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8483's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8483 is good value based on its PB Ratio (1x) compared to the HK Consumer Services industry average (2.5x).


Next Steps

Future Growth

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

30.2%

Forecasted Consumer Services 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 Max Sight Group 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 Max Sight Group Holdings performed over the past 5 years?

-21.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8483 is currently unprofitable.

Growing Profit Margin: 8483 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8483 is unprofitable, and losses have increased over the past 5 years at a rate of -21.1% per year.

Accelerating Growth: Unable to compare 8483's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8483 is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Services industry (14.1%).


Return on Equity

High ROE: 8483 has a negative Return on Equity (-19.11%), as it is currently unprofitable.


Next Steps

Financial Health

How is Max Sight Group Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8483's short term assets (HK$58.1M) exceed its short term liabilities (HK$13.9M).

Long Term Liabilities: 8483's short term assets (HK$58.1M) exceed its long term liabilities (HK$5.2M).


Debt to Equity History and Analysis

Debt Level: 8483 is debt free.

Reducing Debt: 8483 had no debt 5 years ago.

Debt Coverage: 8483 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8483 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Max Sight Group Holdings's current dividend yield, its reliability and sustainability?

7.94%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 8483's dividend (7.94%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.31%).

High Dividend: 8483's dividend (7.94%) is in the top 25% of dividend payers in the Hong Kong market (6.79%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether 8483's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if 8483's dividend payments are increasing as they only just started paying a dividend.


Current Payout to Shareholders

Dividend Coverage: 8483 is paying a dividend but the company is unprofitable.


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?

3.5yrs

Average management tenure


CEO

Timmy Chan (46yo)

no data

Tenure

HK$1,335,000

Compensation

Mr. Chan Tien Kay, also known as Timmy, was appointed as an Executive Director of Max Sight Group Holdings Limited with effect from 26 January 2017. Mr. Timmy Chan also serves as the Chief Executive Office ...


CEO Compensation Analysis

Compensation vs Market: Timmy's total compensation ($USD172.24K) is about average for companies of similar size in the Hong Kong market ($USD228.77K).

Compensation vs Earnings: Timmy's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Wing-Chai Chan
Executive Chairmanno dataHK$1.35mno data
Tien-Kay Chan
CEO, Compliance Officer & Executive Directorno dataHK$1.34mno data
Chi-Hong Wong
Finance Director1.33yrsno datano data
Ka-Seng Tam
Maintenance & Operation Managerno datano datano data
Shiu-Kay Chan
Chief Technical Officer3.5yrsno datano data
Chi-Sing Chun
Deputy General Administration Manager9.25yrsno datano data

3.5yrs

Average Tenure

46yo

Average Age

Experienced Management: 8483's management team is considered experienced (3.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Wing-Chai Chan
Executive Chairmanno dataHK$1.35mno data
Tien-Kay Chan
CEO, Compliance Officer & Executive Directorno dataHK$1.34mno data
Riccardo Costi
Non-Executive Director3.5yrsHK$20.00kno data
Kam-Ting Cheung
Non-Executive Director3.5yrsHK$20.00k7.8% HK$3.9m
James Ngai
Independent Non-Executive Director2.42yrsHK$180.00kno data
Chi-Kwan Hui
Independent Non-Executive Director2.42yrsHK$120.00kno data
Tsun-Wa Kwok
Independent Non-Executive Director2.42yrsHK$120.00kno data

3.0yrs

Average Tenure

73yo

Average Age

Experienced Board: 8483's board of directors are not considered experienced ( 3 years average tenure), which suggests a new board.


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

Max Sight Group Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Max Sight Group Holdings Limited
  • Ticker: 8483
  • Exchange: SEHK
  • Founded: 1989
  • Industry: Specialized Consumer Services
  • Sector: Consumer Services
  • Market Cap: HK$50.400m
  • Shares outstanding: 800.00m
  • Website: https://www.maxsightgroup.com

Number of Employees


Location

  • Max Sight Group Holdings Limited
  • McDonald’s Building
  • 14th Floor
  • Causeway Bay
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8483SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDFeb 2018

Biography

Max Sight Group Holdings Limited, an investment holding company, primarily engages in the provision of photography services by supplying automatic identity photo booths in Hong Kong and the People’s Republic of China. The company operates automatic ID photo booths under the Max Sight Photo name serving general public. It owns approximately 214 automatic photo booths, including 83 photo booths in Hong Kong and 131 photo booths in Guangdong Province. The company was founded in 1989 and is headquartered in Causeway Bay, Hong Kong. Max Sight Group Holdings Limited is a subsidiary of Causeway Treasure Holding Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/11 12:45
End of Day Share Price2020/07/10 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.