company background image
243

QPL International HoldingsSEHK:243 Stock Report

Market Cap

HK$101.5m

7D

-5.5%

1Y

104.8%

Updated

27 Sep, 2021

Data

Company Financials
243 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

243 Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for QPL International Holdings
Historical stock prices
Current Share PriceHK$0.43
52 Week HighHK$0.20
52 Week LowHK$0.60
Beta0.82
1 Month Change-14.00%
3 Month Change-14.00%
1 Year Change104.76%
3 Year Change-46.52%
5 Year Change-94.88%
Change since IPO-99.74%

Recent News & Updates

Shareholder Returns

243HK SemiconductorHK Market
7D-5.5%-1.5%-2.4%
1Y104.8%50.3%9.1%

Return vs Industry: 243 exceeded the Hong Kong Semiconductor industry which returned 50.3% over the past year.

Return vs Market: 243 exceeded the Hong Kong Market which returned 9.1% over the past year.

Price Volatility

Is 243's price volatile compared to industry and market?
243 volatility
243 Beta0.82
Industry Beta0.77
Market Beta1

Stable Share Price: 243 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 243's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1982937Tung 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. Its products include small outline integrated circuits, quad flat packages, thin quad flat packages, plastic dual in line packages, plastic leaded chip carriers, lead on chips, and thermal enhanced products, as well as HD-BU, HDL, and quad flat non-lead package products. The company 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$101.53m
Earnings (TTM)-HK$12.20m
Revenue (TTM)HK$368.32m

0.3x

P/S Ratio

-7.9x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
243 income statement (TTM)
RevenueHK$368.32m
Cost of RevenueHK$189.94m
Gross ProfitHK$178.39m
ExpensesHK$190.59m
Earnings-HK$12.20m

Last Reported Earnings

Apr 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.054
Gross Margin48.43%
Net Profit Margin-3.31%
Debt/Equity Ratio23.3%

How did 243 perform over the long term?

See historical performance and comparison

Valuation

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

0.25x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 243's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 243's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 243 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Semiconductor industry average.

PE vs Market: 243 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 243's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 243 is good value based on its PB Ratio (0.2x) compared to the HK Semiconductor industry average (2.2x).


Future Growth

How is QPL 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 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.


Past Performance

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

16.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 243 is currently unprofitable.

Growing Profit Margin: 243 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 243 is unprofitable, but has reduced losses over the past 5 years at a rate of 16.1% per year.

Accelerating Growth: Unable to compare 243's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 243 is unprofitable, making it difficult to compare its past year earnings growth to the Semiconductor industry (52%).


Return on Equity

High ROE: 243 has a negative Return on Equity (-3.11%), as it is currently unprofitable.


Financial Health

How is QPL International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 243's short term assets (HK$453.0M) exceed its short term liabilities (HK$188.5M).

Long Term Liabilities: 243's short term assets (HK$453.0M) exceed its long term liabilities (HK$30.8M).


Debt to Equity History and Analysis

Debt Level: 243's debt to equity ratio (23.3%) is considered satisfactory.

Reducing Debt: 243's debt to equity ratio has increased from 5% to 23.3% over the 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: 243 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 243 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 39% each year


Dividend

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


Dividend Yield vs Market

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.


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 243'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?

4.2yrs

Average management tenure


CEO

Tung Lok Li (69 yo)

12.75yrs

Tenure

HK$139,000

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 considered experienced (4.2 years average tenure).


Board Members

Experienced Board: 243's board of directors are considered experienced (5 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

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 20%.


Top Shareholders

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
  • Market Cap: HK$101.530m
  • Shares outstanding: 225.62m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/27 10:03
End of Day Share Price2021/09/27 00:00
Earnings2021/04/30
Annual Earnings2021/04/30


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.