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Solomon Systech (International) SEHK:2878 Stock Report

Last Price

HK$0.51

Market Cap

HK$1.3b

7D

12.1%

1Y

85.5%

Updated

18 Jan, 2025

Data

Company Financials

Solomon Systech (International) Limited

SEHK:2878 Stock Report

Market Cap: HK$1.3b

2878 Stock Overview

An investment holding company, operates as a fabless semiconductor company in Hong Kong, Mainland China, Taiwan, Europe, Japan, Korea, Southeast Asia, the United States, and internationally. More details

2878 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for 2878 from our risk checks.

My Notes

Capture your thoughts, links and company narrative

Solomon Systech (International) Limited Competitors

Price History & Performance

Summary of share price highs, lows and changes for Solomon Systech (International)
Historical stock prices
Current Share PriceHK$0.51
52 Week HighHK$0.96
52 Week LowHK$0.24
Beta1.25
1 Month Change13.33%
3 Month Change-12.07%
1 Year Change85.45%
3 Year Change-37.04%
5 Year Change240.00%
Change since IPO-72.58%

Recent News & Updates

Recent updates

Returns Are Gaining Momentum At Solomon Systech (International) (HKG:2878)

Jan 17
Returns Are Gaining Momentum At Solomon Systech (International) (HKG:2878)

Some Confidence Is Lacking In Solomon Systech (International) Limited (HKG:2878) As Shares Slide 28%

Nov 06
Some Confidence Is Lacking In Solomon Systech (International) Limited (HKG:2878) As Shares Slide 28%

Solomon Systech (International) Limited's (HKG:2878) Shares May Have Run Too Fast Too Soon

Sep 20
Solomon Systech (International) Limited's (HKG:2878) Shares May Have Run Too Fast Too Soon

There's Been No Shortage Of Growth Recently For Solomon Systech (International)'s (HKG:2878) Returns On Capital

Aug 20
There's Been No Shortage Of Growth Recently For Solomon Systech (International)'s (HKG:2878) Returns On Capital

Shareholders Will Probably Hold Off On Increasing Solomon Systech (International) Limited's (HKG:2878) CEO Compensation For The Time Being

Jun 13
Shareholders Will Probably Hold Off On Increasing Solomon Systech (International) Limited's (HKG:2878) CEO Compensation For The Time Being

There's No Escaping Solomon Systech (International) Limited's (HKG:2878) Muted Earnings Despite A 32% Share Price Rise

Jun 06
There's No Escaping Solomon Systech (International) Limited's (HKG:2878) Muted Earnings Despite A 32% Share Price Rise

Solomon Systech (International) (HKG:2878) Could Easily Take On More Debt

May 30
Solomon Systech (International) (HKG:2878) Could Easily Take On More Debt

Investors Can Find Comfort In Solomon Systech (International)'s (HKG:2878) Earnings Quality

May 03
Investors Can Find Comfort In Solomon Systech (International)'s (HKG:2878) Earnings Quality

Returns On Capital Are Showing Encouraging Signs At Solomon Systech (International) (HKG:2878)

Apr 22
Returns On Capital Are Showing Encouraging Signs At Solomon Systech (International) (HKG:2878)

Solomon Systech (International) Limited's (HKG:2878) Shares Bounce 29% But Its Business Still Trails The Market

Mar 13
Solomon Systech (International) Limited's (HKG:2878) Shares Bounce 29% But Its Business Still Trails The Market

Solomon Systech (International) Limited (HKG:2878) Looks Inexpensive But Perhaps Not Attractive Enough

Jan 23
Solomon Systech (International) Limited (HKG:2878) Looks Inexpensive But Perhaps Not Attractive Enough

Solomon Systech (International)'s (HKG:2878) Returns On Capital Are Heading Higher

Dec 04
Solomon Systech (International)'s (HKG:2878) Returns On Capital Are Heading Higher

We Like Solomon Systech (International)'s (HKG:2878) Returns And Here's How They're Trending

Aug 15
We Like Solomon Systech (International)'s (HKG:2878) Returns And Here's How They're Trending

Solomon Systech (International) (HKG:2878) Is Investing Its Capital With Increasing Efficiency

Jan 10
Solomon Systech (International) (HKG:2878) Is Investing Its Capital With Increasing Efficiency

Under The Bonnet, Solomon Systech (International)'s (HKG:2878) Returns Look Impressive

Sep 19
Under The Bonnet, Solomon Systech (International)'s (HKG:2878) Returns Look Impressive

Solomon Systech (International) Limited's (HKG:2878) Business Is Trailing The Market But Its Shares Aren't

Jun 10
Solomon Systech (International) Limited's (HKG:2878) Business Is Trailing The Market But Its Shares Aren't

The Trend Of High Returns At Solomon Systech (International) (HKG:2878) Has Us Very Interested

Mar 30
The Trend Of High Returns At Solomon Systech (International) (HKG:2878) Has Us Very Interested

Shareholder Returns

2878HK SemiconductorHK Market
7D12.1%15.7%2.1%
1Y85.5%69.7%23.7%

Return vs Industry: 2878 exceeded the Hong Kong Semiconductor industry which returned 69.7% over the past year.

Return vs Market: 2878 exceeded the Hong Kong Market which returned 23.7% over the past year.

Price Volatility

Is 2878's price volatile compared to industry and market?
2878 volatility
2878 Average Weekly Movement7.6%
Semiconductor Industry Average Movement8.7%
Market Average Movement6.5%
10% most volatile stocks in HK Market14.0%
10% least volatile stocks in HK Market3.0%

Stable Share Price: 2878 has not had significant price volatility in the past 3 months compared to the Hong Kong market.

Volatility Over Time: 2878's weekly volatility has decreased from 14% to 8% over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999309Raymond Wangwww.solomon-systech.com

Solomon Systech (International) Limited, an investment holding company, operates as a fabless semiconductor company in Hong Kong, Mainland China, Taiwan, Europe, Japan, Korea, Southeast Asia, the United States, and internationally. The company primarily designs, develops, and sells display integrated circuits (IC) products and system solutions. It offers organic light emitting diode display and lighting driver ICs; and bistable display driver ICs.

Solomon Systech (International) Limited Fundamentals Summary

How do Solomon Systech (International)'s earnings and revenue compare to its market cap?
2878 fundamental statistics
Market capHK$1.27b
Earnings (TTM)HK$107.05m
Revenue (TTM)HK$1.01b

11.9x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2878 income statement (TTM)
RevenueUS$129.73m
Cost of RevenueUS$91.49m
Gross ProfitUS$38.24m
Other ExpensesUS$24.49m
EarningsUS$13.75m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.0055
Gross Margin29.48%
Net Profit Margin10.60%
Debt/Equity Ratio0.9%

How did 2878 perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/18 11:07
End of Day Share Price 2025/01/17 00:00
Earnings2024/06/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Solomon Systech (International) Limited is covered by 7 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pranab SarmahDaiwa Securities Co. Ltd.
null Research TeamDBS Vickers Research
null nullDeutsche Bank