Sunlight Technology Holdings Limited, together with its subsidiaries, engages in the research and development, manufacture, and sale of coating agents and synthetic resins in the People’s Republic of China. More Details
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Sunlight Technology Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1950 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 19% a week.
Volatility Over Time: 1950's weekly volatility (19%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
7 Day Return
1 Year Return
Return vs Industry: 1950 underperformed the Hong Kong Chemicals industry which returned 70.9% over the past year.
Return vs Market: 1950 underperformed the Hong Kong Market which returned 7.4% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Sunlight Technology Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StHere's What's Concerning About Sunlight Technology Holdings' (HKG:1950) Returns On Capital
4 months ago | Simply Wall StA Look At Sunlight Technology Holdings' (HKG:1950) Share Price Returns
Is Sunlight Technology Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: 1950 (HK$0.23) is trading above our estimate of fair value (HK$0)
Significantly Below Fair Value: 1950 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1950 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Chemicals industry average.
PE vs Market: 1950 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 1950's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1950's PB Ratio (0.8x) is in line with the HK Chemicals industry average.
How is Sunlight Technology Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials 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 Sunlight Technology 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.
How has Sunlight Technology Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1950 is currently unprofitable.
Growing Profit Margin: 1950 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 1950 is unprofitable, and losses have increased over the past 5 years at a rate of 39% per year.
Accelerating Growth: Unable to compare 1950's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1950 is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (1%).
Return on Equity
High ROE: 1950 has a negative Return on Equity (-1.33%), as it is currently unprofitable.
How is Sunlight Technology Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1950's short term assets (CN¥170.7M) exceed its short term liabilities (CN¥26.0M).
Long Term Liabilities: 1950's short term assets (CN¥170.7M) exceed its long term liabilities (CN¥684.0K).
Debt to Equity History and Analysis
Debt Level: 1950 is debt free.
Reducing Debt: 1950 had no debt 5 years ago.
Debt Coverage: 1950 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1950 has no debt, therefore coverage of interest payments is not a concern.
What is Sunlight Technology Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 1950's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 1950's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 1950's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1950's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1950's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Sunlight Technology Holdings has no CEO, or we have no data on them.
Experienced Management: 1950's management team is considered experienced (2.2 years average tenure).
Experienced Board: 1950's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20%.
Sunlight Technology Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Sunlight Technology Holdings Limited
- Ticker: 1950
- Exchange: SEHK
- Founded: 2003
- Industry: Commodity Chemicals
- Sector: Materials
- Market Cap: HK$279.600m
- Shares outstanding: 1.20b
- Website: https://www.slkj.cn
Number of Employees
- Sunlight Technology Holdings Limited
- No.2, Jiangshan Road
- Meicheng Town
- Zhejiang Province
Sunlight Technology Holdings Limited, together with its subsidiaries, engages in the research and development, manufacture, and sale of coating agents and synthetic resins in the People’s Republic of China...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/02 15:53|
|End of Day Share Price||2021/08/02 00:00|
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.