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1010

PacRay International HoldingsSEHK:1010 Stock Report

Market Cap

HK$977.4m

7D

0%

1Y

230.0%

Updated

27 Sep, 2021

Data

Company Financials
1010 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

1010 Overview

PacRay International Holdings Limited, an investment holding company, designs, distributes, and trades in integrated circuits and semiconductor parts in People’s Republic of China and Hong Kong.

Price History & Performance

Summary of all time highs, changes and price drops for PacRay International Holdings
Historical stock prices
Current Share PriceHK$2.64
52 Week HighHK$0.56
52 Week LowHK$3.60
Beta0.55
1 Month Change-9.90%
3 Month Change-14.56%
1 Year Change230.00%
3 Year Change50.86%
5 Year Changen/a
Change since IPO107.87%

Recent News & Updates

Shareholder Returns

1010HK SemiconductorHK Market
7D0%-1.5%-2.4%
1Y230.0%50.3%9.1%

Return vs Industry: 1010 exceeded the Hong Kong Semiconductor industry which returned 50.3% over the past year.

Return vs Market: 1010 exceeded the Hong Kong Market which returned 9.1% over the past year.

Price Volatility

Is 1010's price volatile compared to industry and market?
1010 volatility
1010 Beta0.55
Industry Beta0.77
Market Beta1

Stable Share Price: 1010 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 1010's weekly volatility has decreased from 12% to 6% over the past year.

About the Company

FoundedEmployeesCEOWebsite
199462n/ahttps://pacray.etnet.com.hk

PacRay International Holdings Limited, an investment holding company, designs, distributes, and trades in integrated circuits and semiconductor parts in People’s Republic of China and Hong Kong. It also offers agency services related to integrated circuits and semiconductor parts. The company’s integrated circuits are used in industrial and household measuring tools and display products.

PacRay International Holdings Fundamentals Summary

How do PacRay International Holdings's earnings and revenue compare to its market cap?
1010 fundamental statistics
Market CapHK$977.45m
Earnings (TTM)-HK$15.17m
Revenue (TTM)HK$111.78m

8.7x

P/S Ratio

-64.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1010 income statement (TTM)
RevenueHK$111.78m
Cost of RevenueHK$86.10m
Gross ProfitHK$25.69m
ExpensesHK$40.86m
Earnings-HK$15.17m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.041
Gross Margin22.98%
Net Profit Margin-13.57%
Debt/Equity Ratio0%

How did 1010 perform over the long term?

See historical performance and comparison

Valuation

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

10.51x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 1010 (HK$2.64) is trading above our estimate of fair value (HK$1.36)

Significantly Below Fair Value: 1010 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1010 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Semiconductor industry average.

PE vs Market: 1010 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 1010's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1010 is overvalued based on its PB Ratio (10.5x) compared to the HK Semiconductor industry average (2.2x).


Future Growth

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

10.3%

Forecasted Semiconductors 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 PacRay 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.


Past Performance

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

-12.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1010 is currently unprofitable.

Growing Profit Margin: 1010 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1010 is unprofitable, and losses have increased over the past 5 years at a rate of 12.3% per year.

Accelerating Growth: Unable to compare 1010's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1010 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (52%).


Return on Equity

High ROE: 1010 has a negative Return on Equity (-16.31%), as it is currently unprofitable.


Financial Health

How is PacRay International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1010's short term assets (HK$164.9M) exceed its short term liabilities (HK$136.6M).

Long Term Liabilities: 1010 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 1010 is debt free.

Reducing Debt: 1010 has not had any debt for past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable 1010 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 1010 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 22.1% per year.


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1010's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1010'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 1010's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1010'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 1010's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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

0.3yrs

Average management tenure


CEO

PacRay International Holdings has no CEO, or we have no data on them.


Leadership Team

Experienced Management: 1010's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

Experienced Board: 1010's board of directors are not considered experienced ( 1.1 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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

PacRay International Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: PacRay International Holdings Limited
  • Ticker: 1010
  • Exchange: SEHK
  • Founded: 1994
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: HK$977.447m
  • Shares outstanding: 370.25m
  • Website: https://pacray.etnet.com.hk

Number of Employees


Location

  • PacRay International Holdings Limited
  • Agricultural Bank of China Tower
  • 28th Floor
  • Central
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 10:01
End of Day Share Price2021/09/27 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.