2203 Stock Overview
Brainhole Technology Limited, an investment holding company, engages in the assembly, packaging, and sale of discrete semiconductors with a primary focus on applications for smart consumer electronic devices.
Brainhole Technology Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.14|
|52 Week High||HK$1.02|
|52 Week Low||HK$0.10|
|1 Month Change||-13.13%|
|3 Month Change||-26.46%|
|1 Year Change||-36.82%|
|3 Year Change||-70.43%|
|5 Year Change||-80.96%|
|Change since IPO||-82.63%|
Recent News & Updates
Brainhole Technology (HKG:2203) Is Carrying A Fair Bit Of Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Here's Why Brainhole Technology (HKG:2203) Can Afford Some Debt
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
|2203||HK Semiconductor||HK Market|
Return vs Industry: 2203 underperformed the Hong Kong Semiconductor industry which returned -32.9% over the past year.
Return vs Market: 2203 underperformed the Hong Kong Market which returned -28.3% over the past year.
|2203 Average Weekly Movement||11.7%|
|Semiconductor Industry Average Movement||6.6%|
|Market Average Movement||6.5%|
|10% most volatile stocks in HK Market||12.7%|
|10% least volatile stocks in HK Market||3.1%|
Stable Share Price: 2203 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 12% a week.
Volatility Over Time: 2203's weekly volatility has decreased from 23% to 12% over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
Brainhole Technology Limited, an investment holding company, engages in the assembly, packaging, and sale of discrete semiconductors with a primary focus on applications for smart consumer electronic devices. The company operates through Manufacturing; Trading; and Broadband Infrastructure and Smart Domain segments. It constructs residential fiber-optical network; and provides survey, design, construction, and inspection services and unified operator access, as well as communication solutions for fixed line, broadband, mobile terminals and WIFI coverage.
Brainhole Technology Fundamentals Summary
|2203 fundamental statistics|
Is 2203 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|2203 income statement (TTM)|
|Cost of Revenue||HK$269.19m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.05|
|Net Profit Margin||-12.24%|
How did 2203 perform over the long term?See historical performance and comparison
Is 2203 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 2203?
Other financial metrics that can be useful for relative valuation.
|What is 2203's n/a Ratio?|
Price to Sales Ratio vs Peers
How does 2203's PS Ratio compare to its peers?
|2203 PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
8490 Niche-Tech Group
1305 Wai Chi Holdings
712 Comtec Solar Systems Group
6939 MEGAIN Holding (Cayman)
2203 Brainhole Technology
Price-To-Sales vs Peers: 2203 is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (2x).
Price to Earnings Ratio vs Industry
How does 2203's PE Ratio compare vs other companies in the HK Semiconductor Industry?
Price-To-Sales vs Industry: 2203 is good value based on its Price-To-Sales Ratio (0.3x) compared to the Hong Kong Semiconductor industry average (1.1x)
Price to Sales Ratio vs Fair Ratio
What is 2203's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||0.3x|
|Fair PS Ratio||n/a|
Price-To-Sales vs Fair Ratio: Insufficient data to calculate 2203's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 2203 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate 2203's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate 2203's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Brainhole Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Brainhole Technology 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.
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- Examine Brainhole Technology's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Brainhole Technology competitive advantages and company strategy can generally be found in its financial reports archived here.
How has Brainhole Technology performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2203 is currently unprofitable.
Growing Profit Margin: 2203 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 2203 is unprofitable, and losses have increased over the past 5 years at a rate of 57% per year.
Accelerating Growth: Unable to compare 2203's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2203 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (73.3%).
Return on Equity
High ROE: 2203 has a negative Return on Equity (-30.47%), as it is currently unprofitable.
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How is Brainhole Technology's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: 2203's short term assets (HK$231.1M) exceed its short term liabilities (HK$136.6M).
Long Term Liabilities: 2203's short term assets (HK$231.1M) exceed its long term liabilities (HK$57.1M).
Debt to Equity History and Analysis
Debt Level: 2203's net debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 2203's debt to equity ratio has reduced over the past 5 years.
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: 2203 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2203 has sufficient cash runway for 1.2 years if free cash flow continues to grow at historical rates of 1.5% each year.
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What is Brainhole Technology current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
|Brainhole Technology Dividend Yield vs Market|
|Company (Brainhole Technology)||n/a|
|Market Bottom 25% (HK)||3.1%|
|Market Top 25% (HK)||9.0%|
|Industry Average (Semiconductor)||2.4%|
|Analyst forecast in 3 Years (Brainhole Technology)||n/a|
Notable Dividend: Unable to evaluate 2203's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2203'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 2203's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2203's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 2203 has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Yi Liu (47 yo)
Mr. Liu Yi , is the chief executive officer of Guangzhou Weaving Communications Telecommunications Technology Limited. Mr. Liu joined the Group in September 2019. Mr. Liu has over 18 years of experience in...
Experienced Management: 2203's management team is considered experienced (3.7 years average tenure).
Experienced Board: 2203's board of directors are considered experienced (4.3 years average tenure).
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.
|Owner Type||Number of Shares||Ownership Percentage|
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Brainhole Technology Limited's employee growth, exchange listings and data sources
- Name: Brainhole Technology Limited
- Ticker: 2203
- Exchange: SEHK
- Founded: 2012
- Industry: Semiconductors
- Sector: Semiconductors
- Implied Market Cap: HK$111.200m
- Shares outstanding: 800.00m
- Website: https://www.brainholetechnology.com
Number of Employees
- Brainhole Technology Limited
- Billion Plaza II, Office A
- 31st Floor
- Cheung Sha Wan
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2203||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Oct 2015|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/10/04 00:00|
|End of Day Share Price||2022/10/03 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.