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Coslight Technology International Group

SEHK:1043
Snowflake Description

Fair value with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1043
SEHK
HK$633M
Market Cap
  1. Home
  2. HK
  3. Household
Company description

Coslight Technology International Group Limited, an investment holding company, manufactures and sells battery products in the People's Republic of China, Japan, Korea, India, South Africa, Vietnam, and internationally. The last earnings update was 47 days ago. More info.


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  • Coslight Technology International Group has significant price volatility in the past 3 months.
1043 Share Price and Events
7 Day Returns
-3.5%
SEHK:1043
0.8%
HK Household Products
1.1%
HK Market
1 Year Returns
-38.6%
SEHK:1043
11.4%
HK Household Products
-15.4%
HK Market
1043 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Coslight Technology International Group (1043) -3.5% -15.2% -33.5% -38.6% -47.2% -72.2%
HK Household Products 0.8% -3.1% -12.7% 11.4% 94.3% 164%
HK Market 1.1% -3.4% -8.1% -15.4% 21.3% 3.6%
1 Year Return vs Industry and Market
  • 1043 underperformed the Household Products industry which returned 11.4% over the past year.
  • 1043 underperformed the Market in Hong Kong which returned -15.4% over the past year.
Price Volatility
1043
Industry
5yr Volatility vs Market

1043 Value

 Is Coslight Technology International Group undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Coslight Technology International Group. This is due to cash flow or dividend data being unavailable. The share price is HK$1.67.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Coslight Technology International Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Coslight Technology International Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1043 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in CNY CN¥0.52
SEHK:1043 Share Price ** SEHK (2019-06-14) in HKD HK$1.67
SEHK:1043 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.885 CN¥1.48
Asia Household Products Industry PE Ratio Median Figure of 9 Publicly-Listed Household Products Companies 18.98x
Hong Kong Market PE Ratio Median Figure of 1,488 Publicly-Listed Companies 10.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Coslight Technology International Group.

SEHK:1043 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1043 Share Price ÷ EPS (both in CNY)

= 1.48 ÷ 0.52

2.85x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Coslight Technology International Group is good value based on earnings compared to the Asia Household Products industry average.
  • Coslight Technology International Group is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Coslight Technology International Group's expected growth come at a high price?
Raw Data
SEHK:1043 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 2.85x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
9.9%per year
Global Household Products Industry PEG Ratio Median Figure of 15 Publicly-Listed Household Products Companies 2.48x
Hong Kong Market PEG Ratio Median Figure of 466 Publicly-Listed Companies 0.77x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Coslight Technology International Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Coslight Technology International Group's assets?
Raw Data
SEHK:1043 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in CNY CN¥6.01
SEHK:1043 Share Price * SEHK (2019-06-14) in HKD HK$1.67
SEHK:1043 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.885 CN¥1.48
Hong Kong Household Products Industry PB Ratio Median Figure of 5 Publicly-Listed Household Products Companies 0.74x
Hong Kong Market PB Ratio Median Figure of 2,169 Publicly-Listed Companies 0.94x
SEHK:1043 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1043 Share Price ÷ Book Value per Share (both in CNY)

= 1.48 ÷ 6.01

0.25x

* Primary Listing of Coslight Technology International Group.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Coslight Technology International Group is good value based on assets compared to the HK Household Products industry average.
X
Value checks
We assess Coslight Technology International Group's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Household Products industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Household Products industry average (and greater than 0)? (1 check)
  5. Coslight Technology International Group has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

1043 Future Performance

 How is Coslight Technology International Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Coslight Technology International Group, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Coslight Technology International Group expected to grow at an attractive rate?
  • Coslight Technology International Group's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Coslight Technology International Group's earnings growth is positive but not above the Hong Kong market average.
  • Unable to compare Coslight Technology International Group's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1043 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:1043 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 9.9%
Asia Household Products Industry Earnings Growth Rate Market Cap Weighted Average 15%
Global Household Products Industry Revenue Growth Rate Market Cap Weighted Average 4.2%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.3%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.9%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:1043 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:1043 Future Estimates Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:1043 Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-12-31 3,196 210 200
2018-09-30 3,121 -101 317
2018-06-30 3,045 -412 435
2018-03-31 3,379 -445 335
2017-12-31 3,713 -478 235
2017-09-30 4,245 -85 127
2017-06-30 4,776 308 19
2017-03-31 4,804 325 79
2016-12-31 4,831 341 140
2016-09-30 4,847 250 125
2016-06-30 4,863 158 111
2016-03-31 4,482 19 58

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Coslight Technology International Group's earnings are expected to grow by 9.9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Coslight Technology International Group is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:1043 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (5 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Coslight Technology International Group Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1043 Future Estimates Data
Date (Data in CNY Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:1043 Past Financials Data
Date (Data in CNY Millions) EPS *
2018-12-31 0.52
2018-09-30 0.82
2018-06-30 1.11
2018-03-31 0.85
2017-12-31 0.60
2017-09-30 0.32
2017-06-30 0.05
2017-03-31 0.20
2016-12-31 0.35
2016-09-30 0.31
2016-06-30 0.28
2016-03-31 0.14

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Coslight Technology International Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Coslight Technology International Group's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Global market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Coslight Technology International Group has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

1043 Past Performance

  How has Coslight Technology International Group performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Coslight Technology International Group's growth in the last year to its industry (Household Products).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Coslight Technology International Group has delivered over 20% year on year earnings growth in the past 5 years.
  • Coslight Technology International Group's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Coslight Technology International Group's 1-year earnings growth is negative, it can't be compared to the Asia Household Products industry average.
Earnings and Revenue History
Coslight Technology International Group's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Coslight Technology International Group Company Filings, last reported 5 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1043 Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 3,196.38 199.77 452.27
2018-09-30 3,120.74 317.35 420.23
2018-06-30 3,045.10 434.94 428.05
2018-03-31 3,379.30 335.17 476.52
2017-12-31 3,713.49 235.40 485.13
2017-09-30 4,244.65 127.23 583.12
2017-06-30 4,775.81 19.06 681.11
2017-03-31 4,803.54 79.47 663.53
2016-12-31 4,831.27 139.88 645.95
2016-09-30 4,846.99 125.48 600.51
2016-06-30 4,862.70 111.08 555.06
2016-03-31 4,482.19 58.16 538.90
2015-12-31 4,101.67 5.23 522.74
2015-09-30 3,922.47 15.11 513.96
2015-06-30 3,743.28 24.99 505.17
2015-03-31 3,636.97 28.57 503.93
2014-12-31 3,530.66 32.15 502.68
2014-09-30 3,327.09 99.30 495.66
2014-06-30 3,123.51 166.44 488.64
2014-03-31 3,078.92 169.71 458.76
2013-12-31 3,034.32 172.99 428.88
2013-09-30 2,913.94 81.66 432.86
2013-06-30 2,793.56 -9.67 436.84
2013-03-31 2,734.35 -15.14 439.78
2012-12-31 2,675.14 -20.61 442.73
2012-09-30 2,606.17 37.20 417.87
2012-06-30 2,537.19 95.01 393.01

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Coslight Technology International Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Coslight Technology International Group used its assets less efficiently than the Asia Household Products industry average last year based on Return on Assets.
  • Coslight Technology International Group has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Coslight Technology International Group's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Household Products industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Coslight Technology International Group has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

1043 Health

 How is Coslight Technology International Group's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Coslight Technology International Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Coslight Technology International Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Coslight Technology International Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Coslight Technology International Group's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.3x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Coslight Technology International Group Company Filings, last reported 5 months ago.

SEHK:1043 Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,485.26 1,943.09 284.39
2018-09-30 2,485.26 1,943.09 284.39
2018-06-30 2,691.15 1,195.02 299.84
2018-03-31 2,691.15 1,195.02 299.84
2017-12-31 2,460.77 2,656.57 519.10
2017-09-30 2,460.77 2,656.57 519.10
2017-06-30 1,783.56 2,433.49 426.25
2017-03-31 1,783.56 2,433.49 426.25
2016-12-31 2,149.62 2,875.99 533.50
2016-09-30 2,149.62 2,875.99 533.50
2016-06-30 2,113.32 2,571.72 327.07
2016-03-31 2,113.32 2,571.72 327.07
2015-12-31 1,981.11 2,485.84 447.30
2015-09-30 1,981.11 2,485.84 447.30
2015-06-30 1,943.94 2,175.62 228.20
2015-03-31 1,943.94 2,175.62 228.20
2014-12-31 1,879.17 1,961.62 407.40
2014-09-30 1,879.17 1,961.62 407.40
2014-06-30 1,817.00 1,915.35 233.03
2014-03-31 1,817.00 1,915.35 233.03
2013-12-31 1,770.73 2,244.68 360.43
2013-09-30 1,770.73 2,244.68 360.43
2013-06-30 1,589.92 1,640.21 384.66
2013-03-31 1,589.92 1,640.21 384.66
2012-12-31 1,637.45 2,170.23 393.65
2012-09-30 1,637.45 2,170.23 393.65
2012-06-30 1,677.08 2,200.02 400.52
  • Coslight Technology International Group's level of debt (78.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (126.5% vs 78.2% today).
  • Debt is not well covered by operating cash flow (10.8%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 1.8x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Coslight Technology International Group's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Coslight Technology International Group has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

1043 Dividends

 What is Coslight Technology International Group's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Coslight Technology International Group dividends.
If you bought HK$2,000 of Coslight Technology International Group shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Coslight Technology International Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Coslight Technology International Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:1043 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Asia Household Products Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 1.2%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 966 Stocks 3.7%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SEHK:1043 Future Dividends Estimate Data
Date (Data in CN¥) Dividend per Share (annual) Avg. No. Analysts
SEHK:1043 Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2011-09-23 0.000 0.000
2011-08-29 0.000 0.000
2011-03-30 0.000 0.000
2010-04-29 0.042 0.902

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Coslight Technology International Group has not reported any payouts.
  • Unable to verify if Coslight Technology International Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Coslight Technology International Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Coslight Technology International Group has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Coslight Technology International Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Coslight Technology International Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Coslight Technology International Group has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

1043 Management

 What is the CEO of Coslight Technology International Group's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ming Hua Luo
COMPENSATION CN¥310,000
AGE 54
CEO Bio

Ms. Ming Hua Luo serves as Deputy Chairman and Chief Executive Officer of Coslight Technology International Group Ltd. Ms. Luo is responsible for the Overall Management and Administration of Coslight Technology International Group Ltd. She has over 9 years of Manufacturing experience in rechargeable battery materials. She graduated from Harbin Institute of Electrical Engineering in 1991 with a major in industrial and electrical automation. She joined Coslight Technology International Group Ltd. in May 1994.

CEO Compensation
  • Ming Hua's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Ming Hua's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team

Dian Quan Song

TITLE
Founder & Chairman
COMPENSATION
CN¥544K
AGE
62

Ming Hua Luo

TITLE
Deputy Chairman & CEO
COMPENSATION
CN¥310K
AGE
54

Ke Xue Li

TITLE
Co-Founder
COMPENSATION
CN¥270K
AGE
70

Xing Quan Liu

TITLE
Chief Engineer & Executive Director
AGE
85
TENURE
25.1 yrs

Kai Xing

TITLE
Director of Production & Quality Management and Executive Director
COMPENSATION
CN¥240K
AGE
61
TENURE
25.1 yrs

Li Ming Zhang

TITLE
Director of International Trading Activities & Executive Director
COMPENSATION
CN¥471K
AGE
62

Kar Keung Ng

TITLE
Chief Financial Controller & Company Secretary
Board of Directors Tenure

Average tenure and age of the Coslight Technology International Group board of directors in years:

19.9
Average Tenure
61
Average Age
  • The average tenure for the Coslight Technology International Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Dian Quan Song

TITLE
Founder & Chairman
COMPENSATION
CN¥544K
AGE
62

Ming Hua Luo

TITLE
Deputy Chairman & CEO
COMPENSATION
CN¥310K
AGE
54

Ke Xue Li

TITLE
Co-Founder
COMPENSATION
CN¥270K
AGE
70

Xing Quan Liu

TITLE
Chief Engineer & Executive Director
AGE
85
TENURE
25.1 yrs

Kai Xing

TITLE
Director of Production & Quality Management and Executive Director
COMPENSATION
CN¥240K
AGE
61
TENURE
25.1 yrs

Li Ming Zhang

TITLE
Director of International Trading Activities & Executive Director
COMPENSATION
CN¥471K
AGE
62

Zeng Lin Li

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥25K
AGE
60
TENURE
19.9 yrs

Yun Zhi Gao

TITLE
Independent Non-Executive Director
AGE
61
TENURE
1.8 yrs

Yan Ling Zhu

TITLE
Independent Non-Executive Director
AGE
57
TENURE
0.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
11. Sep 18 Sell Ke Xue Li Individual 11. Sep 18 11. Sep 18 -100,000 HK$2.51 HK$-251,000
X
Management checks
We assess Coslight Technology International Group's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Coslight Technology International Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

1043 News

Simply Wall St News

Is Coslight Technology International Group Limited (HKG:1043) A Financially Sound Company?

1043’s Debt (And Cash Flows) 1043 has shrunk its total debt levels in the last twelve months, from CN¥2.7b to CN¥1.9b , which is mainly comprised of near term debt. … Moreover, 1043 has produced CN¥210m in operating cash flow in the last twelve months, resulting in an operating cash to total debt ratio of 11%, signalling that 1043’s current level of operating cash is not high enough to cover debt. … Next Steps: Although 1043’s debt level is towards the higher end of the spectrum, its cash flow coverage seems adequate to meet obligations which means its debt is being efficiently utilised.

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How Much Are Coslight Technology International Group Limited (HKG:1043) Insiders Taking Off The Table?

So shareholders might well want to know whether insiders have been buying or selling shares in Coslight Technology International Group Limited (HKG:1043). … As Peter Lynch said, 'insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise.' See our latest analysis for Coslight Technology International Group Coslight Technology International Group Insider Transactions Over The Last Year While no particular insider transaction stood out, we can still look at the overall trading. … While we feel good about high insider ownership of Coslight Technology International Group, we can't say the same about the selling of shares.

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Should You Worry About Coslight Technology International Group Limited’s (HKG:1043) ROCE?

Analysts use this formula to calculate return on capital employed: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) Or for Coslight Technology International Group: 0.053 = CN¥144m ÷ (CN¥7.2b - CN¥4.5b) (Based on the trailing twelve months to December 2018.) So, Coslight Technology International Group has an ROCE of 5.3%. … Do Coslight Technology International Group's Current Liabilities Skew Its ROCE? … Coslight Technology International Group's current liabilities are fairly high, making its ROCE look better than otherwise.

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Should You Be Concerned About Coslight Technology International Group Limited's (HKG:1043) Historical Volatility?

If you're interested in Coslight Technology International Group Limited (HKG:1043), then you might want to consider its beta (a measure of share price volatility) in order to understand how the stock could impact your portfolio. … Volatility is considered to be a measure of risk in modern finance theory. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility).

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With A -15% Earnings Drop, Did Coslight Technology International Group Limited (HKG:1043) Really Underperform?

After looking at Coslight Technology International Group Limited's (HKG:1043) latest earnings update (31 December 2018), I found it helpful to revisit the company's performance in the past couple of years and compare this against the latest numbers. … Check out our latest analysis for Coslight Technology International Group? … Furthermore, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 29%, indicating the rate at which 1043 is growing has slowed down

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What Type Of Shareholder Owns Coslight Technology International Group Limited's (HKG:1043)?

If you want to know who really controls Coslight Technology International Group Limited (HKG:1043), then you'll have to look at the makeup of its share registry. … Coslight Technology International Group is not a large company by global standards. … View our latest analysis for Coslight Technology International Group

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Introducing Coslight Technology International Group, The Stock That Dropped 41% In The Last Five Years

It is doubtless a positive to see that the Coslight Technology International Group Limited (HKG:1043) share price has gained some 37% in the last three months. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … A more detailed examination of the revenue and earnings may or may not explain why the share price languishes; there could be an opportunity.

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Is Coslight Technology International Group Limited (HKG:1043) A Volatile Stock?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … Any stock with a beta of greater than one is considered more volatile than the market, while those with a beta below one are either less volatile or poorly correlated with the market.

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Coslight Technology International Group Limited (HKG:1043) Insiders Have Been Selling

So before you buy or sell Coslight Technology International Group Limited (HKG:1043), you may well want to know whether insiders have been buying or selling. … Coslight Technology International Group Insider Transactions Over The Last Year. … Over the last year we saw more insider selling of Coslight Technology International Group shares, than buying.

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Is Coslight Technology International Group Limited's (HKG:1043) Balance Sheet A Threat To Its Future?

Coslight Technology International Group Limited (HKG:1043) is a small-cap stock with a market capitalization of HK$915m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is.

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1043 Company Info

Description

Coslight Technology International Group Limited, an investment holding company, manufactures and sells battery products in the People's Republic of China, Japan, Korea, India, South Africa, Vietnam, and internationally. It offers valve-regulated lead-acid batteries for use in telecommunication fields; square liquid lithium batteries for use as fittings of the cell phone; polymer li-ion batteries for use in MP3, mobile phones, Bluetooth headsets, and other small electronic products; and lithium iron phosphate batteries for use in electric bicycles and vehicles, and back-up power. The company also provides Ni-MH batteries for use in cordless telephones, stationary business telephones and walkie-talkie phone razors, radios, and tape recorders; and DC power supplies, such as high-frequency switching power supply systems, DC power supply systems for telecommunication, and charge and intellectual protection and control systems for electric bicycle-based lithium iron phosphate batteries. In addition, it offers base station and tower mounted amplifiers, master and salve trunk amplifiers, wireless and fiber-optic repeaters, and frequency shift repeaters for wireless communication applications. Further, the company provides power automation systems, including substation automation systems, integrated automation systems for electrical power plants, and computer monitoring systems for hydropower stations; and over-voltage protection circuits for use in communication systems, over-voltage protection of power systems, chips protection for lithium batteries, etc. Additionally, it offers online game services; manufactures and sells signal strength systems, electric and automation systems, motor vehicles, pharmaceutical products, high and low voltage switches, automobile batteries, and passenger coaches; and trades in sealed lead acid batteries. Coslight Technology International Group Limited was founded in 1994 and is headquartered in Central, Hong Kong.

Details
Name: Coslight Technology International Group Limited
1043
Exchange: SEHK
Founded: 1994
HK$632,886,580
378,974,000
Website: http://www.cncoslight.com
Address: Coslight Technology International Group Limited
COSCO Tower,
Room 2501-2502,
Central,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1043 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 15. Nov 1999
Number of employees
Current staff
Staff numbers
6,850
Coslight Technology International Group employees.
Industry
Household Products
Household
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/06/15 12:38
End of day share price update: 2019/06/14 00:00
Last estimates confirmation: 2018/03/29
Last earnings filing: 2019/04/29
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.