company background image
243

QPL International Holdings SEHK:243 Stock Report

Last Price

HK$0.32

Market Cap

HK$78.0m

7D

-8.6%

1Y

-26.4%

Updated

04 Oct, 2022

Data

Company Financials
243 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health3/6
Dividends0/6

243 Stock Overview

QPL International Holdings Limited, an investment holding company, manufactures and sells integrated circuit leadframes, heatsinks, stiffeners, and related products for semiconductor industry companies.

QPL International Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for QPL International Holdings
Historical stock prices
Current Share PriceHK$0.32
52 Week HighHK$0.51
52 Week LowHK$0.26
Beta0.26
1 Month Change-15.79%
3 Month Change-20.99%
1 Year Change-26.44%
3 Year Change-39.39%
5 Year Change-80.54%
Change since IPO-99.81%

Recent News & Updates

Aug 26
QPL International Holdings' (HKG:243) Returns On Capital Are Heading Higher

QPL International Holdings' (HKG:243) Returns On Capital Are Heading Higher

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...

Shareholder Returns

243HK SemiconductorHK Market
7D-8.6%-2.9%-4.3%
1Y-26.4%-32.9%-28.3%

Return vs Industry: 243 exceeded the Hong Kong Semiconductor industry which returned -32.9% over the past year.

Return vs Market: 243 exceeded the Hong Kong Market which returned -28.3% over the past year.

Price Volatility

Is 243's price volatile compared to industry and market?
243 volatility
243 Average Weekly Movement14.2%
Semiconductor Industry Average Movement6.6%
Market Average Movement6.5%
10% most volatile stocks in HK Market12.7%
10% least volatile stocks in HK Market3.1%

Stable Share Price: 243 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 14% a week.

Volatility Over Time: 243's weekly volatility (14%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
19821,049Tung Lok Lihttps://www.qpl.com

QPL International Holdings Limited, an investment holding company, manufactures and sells integrated circuit leadframes, heatsinks, stiffeners, and related products for semiconductor industry companies. The company’s products include small outline integrated circuits, quad flat packages, thin quad flat packages, plastic dual in line packages, plastic leaded clip carriers, lead on chips, and thermal enhanced products, as well as HD-BU, HDL, and quad flat non-lead package products. It also trades in securities; and invests in properties, as well as provides financial assistance and advance services.

QPL International Holdings Fundamentals Summary

How do QPL International Holdings's earnings and revenue compare to its market cap?
243 fundamental statistics
Market CapHK$77.96m
Earnings (TTM)HK$10.10m
Revenue (TTM)HK$488.05m

7.7x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
243 income statement (TTM)
RevenueHK$488.05m
Cost of RevenueHK$291.38m
Gross ProfitHK$196.66m
Other ExpensesHK$186.56m
EarningsHK$10.10m

Last Reported Earnings

Apr 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.041
Gross Margin40.30%
Net Profit Margin2.07%
Debt/Equity Ratio22.8%

How did 243 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 243 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 243?

Other financial metrics that can be useful for relative valuation.

243 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does 243's PE Ratio compare to its peers?

243 PE Ratio vs Peers
The above table shows the PE ratio for 243 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.9x
8490 Niche-Tech Group
17.8xn/aHK$148.2m
1305 Wai Chi Holdings
4.2xn/aHK$290.5m
6939 MEGAIN Holding (Cayman)
5.7xn/aHK$274.9m
2878 Solomon Systech (International)
4xn/aHK$1.1b
243 QPL International Holdings
7.7xn/aHK$78.0m

Price-To-Earnings vs Peers: 243 is good value based on its Price-To-Earnings Ratio (7.7x) compared to the peer average (7.9x).


Price to Earnings Ratio vs Industry

How does 243's PE Ratio compare vs other companies in the Asian Semiconductor Industry?

Price-To-Earnings vs Industry: 243 is good value based on its Price-To-Earnings Ratio (7.7x) compared to the Asian Semiconductor industry average (15.7x)


Price to Earnings Ratio vs Fair Ratio

What is 243's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

243 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.7x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 243's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 243 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 243's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 243'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.


Discover undervalued companies

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


6.6%

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 QPL 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.


Discover growth companies

  • Take a look at our analysis of 243’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • QPL International Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

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

Past Performance Score

2/6

Past Performance Score 2/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


53.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 243 has a high level of non-cash earnings.

Growing Profit Margin: 243 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 243 has become profitable over the past 5 years, growing earnings by 53.3% per year.

Accelerating Growth: 243 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 243 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (73.3%).


Return on Equity

High ROE: 243's Return on Equity (2.5%) is considered low.


Discover strong past performing companies

Financial Health

How is QPL International Holdings's financial position?

Financial Health Score

3/6

Financial Health Score 3/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: 243's short term assets (HK$480.8M) exceed its short term liabilities (HK$212.4M).

Long Term Liabilities: 243's short term assets (HK$480.8M) exceed its long term liabilities (HK$6.7M).


Debt to Equity History and Analysis

Debt Level: 243 has more cash than its total debt.

Reducing Debt: 243's debt to equity ratio has increased from 4.8% to 22.8% over the past 5 years.

Debt Coverage: 243's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 243's interest payments on its debt are well covered by EBIT.


Balance Sheet


Discover healthy companies

Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

QPL International Holdings Dividend Yield vs Market
How does QPL International Holdings dividend yield compare to the market?
SegmentDividend Yield
Company (QPL International Holdings)n/a
Market Bottom 25% (HK)3.1%
Market Top 25% (HK)9.0%
Industry Average (Semiconductor)2.4%
Analyst forecast in 3 Years (QPL International Holdings)n/a

Notable Dividend: Unable to evaluate 243's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 243'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 243's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 243'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 243 has not reported any payouts.


Discover strong dividend paying companies

Management

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

7.3yrs

Average management tenure


CEO

Tung Lok Li (70 yo)

33.75yrs

Tenure

HK$131,000

Compensation

Mr. Tung Lok Li is the Founder and President of QPL International Holdings Ltd. and has been its Chief Executive Officer since December 23, 2008. Mr. Li served as Vice President of Modeling Technologies at...


Leadership Team

Experienced Management: 243's management team is seasoned and experienced (7.3 years average tenure).


Board Members

Experienced Board: 243's board of directors are considered experienced (6.1 years average tenure).


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

What is the ownership structure of 243?
Owner TypeNumber of SharesOwnership Percentage
Individual Insiders50,555,27120.8%
General Public193,066,83979.2%

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8%.


Top Shareholders

Top 6 shareholders own 20.75% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
15.43%
Sau King Hui
37,600,000HK$12.0m0%no data
2.36%
Tung Lok Li
5,755,271HK$1.8m0%no data
0.74%
Chun On Chu
1,800,000HK$576.0k0%no data
0.74%
Sau Him Lai
1,800,000HK$576.0k0%no data
0.74%
Siu Ching Tung
1,800,000HK$576.0k0%no data
0.74%
Hoi Yan Chung
1,800,000HK$576.0k0%no data

Company Information

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


Key Information

  • Name: QPL International Holdings Limited
  • Ticker: 243
  • Exchange: SEHK
  • Founded: 1982
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Implied Market Cap: HK$77.959m
  • Shares outstanding: 243.62m
  • Website: https://www.qpl.com

Number of Employees


Location

  • QPL International Holdings Limited
  • Hale Weal Industrial Building
  • 8th Floor
  • Tsuen Wan
  • New Territories
  • Hong Kong


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
A2P45ADB (Deutsche Boerse AG)YesOrdinary SharesDEEURApr 1994
243SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDApr 1994

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/04 00:00
End of Day Share Price2022/10/03 00:00
Earnings2022/04/30
Annual Earnings2022/04/30


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.