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Solomon Systech (International) SEHK:2878 Stock Report

Last Price

HK$0.32

Market Cap

HK$786.1m

7D

8.6%

1Y

-3.1%

Updated

23 Aug, 2024

Data

Company Financials

Solomon Systech (International) Limited

SEHK:2878 Stock Report

Market Cap: HK$786.1m

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
Valuation3/6
Future Growth0/6
Past Performance2/6
Financial Health5/6
Dividends0/6

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$0.32
52 Week HighHK$0.41
52 Week LowHK$0.24
Beta1.38
11 Month Change10.53%
3 Month Change16.67%
1 Year Change-3.08%
33 Year Change-65.00%
5 Year Change90.91%
Change since IPO-83.06%

Recent News & Updates

Recent updates

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
7D8.6%-4.0%0.3%
1Y-3.1%-21.9%4.0%

Return vs Industry: 2878 exceeded the Hong Kong Semiconductor industry which returned -22.4% over the past year.

Return vs Market: 2878 underperformed the Hong Kong Market which returned 3.6% over the past year.

Price Volatility

Is 2878's price volatile compared to industry and market?
2878 volatility
2878 Average Weekly Movement9.3%
Semiconductor Industry Average Movement6.8%
Market Average Movement6.3%
10% most volatile stocks in HK Market13.1%
10% least volatile stocks in HK Market3.3%

Stable Share Price: 2878 has not had significant price volatility in the past 3 months.

Volatility Over Time: 2878's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

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$786.13m
Earnings (TTM)HK$107.24m
Revenue (TTM)HK$1.01b

7.3x

P/E Ratio

0.8x

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