MEGAIN Holding (Cayman) Co., Ltd., an investment holding company, engages in the research, design, development, and sale of compatible cartridge chips in the People's Republic of China and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$1.46|
|52 Week High||HK$1.29|
|52 Week Low||HK$2.00|
|1 Month Change||0.69%|
|3 Month Change||-16.57%|
|1 Year Change||n/a|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||8.96%|
Recent News & Updates
|6939||HK Semiconductor||HK Market|
Return vs Industry: Insufficient data to determine how 6939 performed against the Hong Kong Semiconductor industry.
Return vs Market: Insufficient data to determine how 6939 performed against the Hong Kong Market.
Stable Share Price: 6939 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: Insufficient data to determine 6939's volatility change over the past year.
About the Company
MEGAIN Holding (Cayman) Co., Ltd., an investment holding company, engages in the research, design, development, and sale of compatible cartridge chips in the People's Republic of China and internationally. It also trades in integrated circuits and other cartridge components. The company was incorporated in 2016 and is headquartered in Zhuhai, the People's Republic of China.
Is MEGAIN Holding (Cayman) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 6939 (HK$1.46) is trading below our estimate of fair value (HK$3.86)
Significantly Below Fair Value: 6939 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 6939 is poor value based on its PE Ratio (29.3x) compared to the Hong Kong Semiconductor industry average (24.6x).
PE vs Market: 6939 is poor value based on its PE Ratio (29.3x) compared to the Hong Kong market (10x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 6939's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 6939 is good value based on its PB Ratio (2.1x) compared to the HK Semiconductor industry average (2.4x).
How is MEGAIN Holding (Cayman) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 MEGAIN Holding (Cayman) 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.
How has MEGAIN Holding (Cayman) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 6939 has high quality earnings.
Growing Profit Margin: 6939's current net profit margins (15.7%) are lower than last year (22.3%).
Past Earnings Growth Analysis
Earnings Trend: 6939's earnings have declined by 32.4% per year over the past 5 years.
Accelerating Growth: 6939's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 6939 had negative earnings growth (-38.7%) over the past year, making it difficult to compare to the Semiconductor industry average (52%).
Return on Equity
High ROE: 6939's Return on Equity (7.1%) is considered low.
How is MEGAIN Holding (Cayman)'s financial position?
Financial Position Analysis
Short Term Liabilities: 6939's short term assets (CN¥313.5M) exceed its short term liabilities (CN¥21.4M).
Long Term Liabilities: 6939's short term assets (CN¥313.5M) exceed its long term liabilities (CN¥678.0K).
Debt to Equity History and Analysis
Debt Level: 6939's debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 6939's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 6939's debt is well covered by operating cash flow (1456.9%).
Interest Coverage: 6939 earns more interest than it pays, so coverage of interest payments is not a concern.
What is MEGAIN Holding (Cayman) current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 6939's dividend (0.91%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.25%).
High Dividend: 6939's dividend (0.91%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.75%).
Stability and Growth of Payments
Stable Dividend: 6939 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.
Growing Dividend: 6939 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 6939 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 6939's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Hua Wang (34 yo)
Mr. Hua Wang serves as Chief Executive Officer at Megain Holding (Cayman) Co., Ltd. since January 01, 2016. Mr. Wang has been an executive director and the general manager of Zhuhai Megain since August 201...
Experienced Management: 6939's management team is considered experienced (3.6 years average tenure).
Experienced Board: 6939's board of directors are not considered experienced ( 1.6 years average tenure), which suggests a new board.
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.
Dilution of Shares: 6939 only recently listed within the past 12 months.
MEGAIN Holding (Cayman) Co., Ltd.'s employee growth, exchange listings and data sources
- Name: MEGAIN Holding (Cayman) Co., Ltd.
- Ticker: 6939
- Exchange: SEHK
- Founded: 2016
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: HK$757.375m
- Shares outstanding: 518.75m
- Website: https://www.megaincayman.com
Number of Employees
- MEGAIN Holding (Cayman) Co., Ltd.
- Block A, No. 115 Huawei Road
- 3rd Floor
- Guangdong Province
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/20 15:33|
|End of Day Share Price||2021/09/20 00:00|
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.