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Solomon Systech (International) SEHK:2878 Stock Report

Last Price

HK$0.34

Market Cap

HK$873.5m

7D

23.2%

1Y

-26.6%

Updated

03 Jun, 2024

Data

Company Financials

Solomon Systech (International) Limited

SEHK:2878 Stock Report

Market Cap: HK$873.5m

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.

2878 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

Rewards

Risk Analysis

No risks detected for 2878 from our risk checks.

Solomon Systech (International) Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Solomon Systech (International)
Historical stock prices
Current Share PriceHK$0.34
52 Week HighHK$0.49
52 Week LowHK$0.24
Beta1.33
1 Month Change15.00%
3 Month Change18.97%
1 Year Change-26.60%
3 Year Change-57.41%
5 Year Change56.82%
Change since IPO-81.45%

Recent News & Updates

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)

Recent updates

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
7D23.2%5.1%-2.3%
1Y-26.6%-21.4%0.3%

Return vs Industry: 2878 underperformed the Hong Kong Semiconductor industry which returned -21.4% over the past year.

Return vs Market: 2878 underperformed the Hong Kong Market which returned 0.3% over the past year.

Price Volatility

Is 2878's price volatile compared to industry and market?
2878 volatility
2878 Average Weekly Movement8.8%
Semiconductor Industry Average Movement8.2%
Market Average Movement7.3%
10% most volatile stocks in HK Market15.7%
10% least volatile stocks in HK Market3.8%

Stable Share Price: 2878's share price has been volatile over the past 3 months.

Volatility Over Time: 2878's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1999369Raymond 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$873.48m
Earnings (TTM)HK$152.02m
Revenue (TTM)HK$1.20b

5.7x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
2878 income statement (TTM)
RevenueUS$153.15m
Cost of RevenueUS$106.81m
Gross ProfitUS$46.34m
Other ExpensesUS$26.90m
EarningsUS$19.44m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.0078
Gross Margin30.26%
Net Profit Margin12.70%
Debt/Equity Ratio1.3%

How did 2878 perform over the long term?

See historical performance and comparison
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