| Snowflake Score | |
|---|---|
| Valuation | 0/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
710 Stock Overview
BOE Varitronix Limited, an investment holding company, designs, manufactures, and sells liquid crystal display and related products in the People’s Republic of China, Europe, the United States, South Korea, and internationally.
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$11.78 |
| 52 Week High | HK$12.80 |
| 52 Week Low | HK$2.90 |
| Beta | 0.57 |
| 1 Month Change | 25.59% |
| 3 Month Change | 47.07% |
| 1 Year Change | 300.68% |
| 3 Year Change | 497.97% |
| 5 Year Change | 247.49% |
| Change since IPO | 218.38% |
Recent News & Updates
I Ran A Stock Scan For Earnings Growth And BOE Varitronix (HKG:710) Passed With Ease
Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...
Returns At BOE Varitronix (HKG:710) Appear To Be Weighed Down
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'd want to...
Do BOE Varitronix's (HKG:710) Earnings Warrant Your Attention?
Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...
Shareholder Returns
| 710 | HK Semiconductor | HK Market | |
|---|---|---|---|
| 7D | 15.0% | 2.3% | 3.2% |
| 1Y | 300.7% | -9.0% | -11.9% |
Return vs Industry: 710 exceeded the Hong Kong Semiconductor industry which returned -9% over the past year.
Return vs Market: 710 exceeded the Hong Kong Market which returned -11.9% over the past year.
Price Volatility
| 710 volatility | |
|---|---|
| 710 Average Weekly Movement | 10.1% |
| Semiconductor Industry Average Movement | 6.6% |
| Market Average Movement | 6.7% |
| 10% most volatile stocks in HK Market | 13.1% |
| 10% least volatile stocks in HK Market | 3.0% |
Stable Share Price: 710 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.
Volatility Over Time: 710's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1978 | 3,733 | Ning Su | https://www.boevx.com |
BOE Varitronix Limited, an investment holding company, designs, manufactures, and sells liquid crystal display and related products in the People’s Republic of China, Europe, the United States, South Korea, and internationally. It primarily provides thin film transistor modules. The company offers display products for use in automotive applications in audio/navigation, passive display audio, cluster, passive display cluster, E-mirror, HUD, and customized display products; and products for use in industrial applications, such as white goods, medical equipment, and other products.
BOE Varitronix Fundamentals Summary
| 710 fundamental statistics | |
|---|---|
| Market Cap | HK$8.67b |
| Earnings (TTM) | HK$145.56m |
| Revenue (TTM) | HK$5.83b |
59.6x
P/E Ratio1.5x
P/S RatioIs 710 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 710 income statement (TTM) | |
|---|---|
| Revenue | HK$5.83b |
| Cost of Revenue | HK$4.79b |
| Gross Profit | HK$1.04b |
| Expenses | HK$896.54m |
| Earnings | HK$145.56m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.20 |
| Gross Margin | 17.88% |
| Net Profit Margin | 2.50% |
| Debt/Equity Ratio | 0% |
How did 710 perform over the long term?
See historical performance and comparisonDividends
0.4%
Current Dividend Yield25%
Payout RatioValuation
Is BOE Varitronix undervalued compared to its fair value and its price relative to the market?
59.58x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 710 (HK$11.78) is trading above our estimate of fair value (HK$4.92)
Significantly Below Fair Value: 710 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 710 is poor value based on its PE Ratio (59.6x) compared to the Hong Kong Semiconductor industry average (16.9x).
PE vs Market: 710 is poor value based on its PE Ratio (59.6x) compared to the Hong Kong market (9.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 710's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 710 is overvalued based on its PB Ratio (3.1x) compared to the HK Semiconductor industry average (2.5x).
Future Growth
How is BOE Varitronix forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
14.7%
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 BOE Varitronix 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 BOE Varitronix performed over the past 5 years?
19.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 710 has high quality earnings.
Growing Profit Margin: 710's current net profit margins (2.5%) are higher than last year (0.7%).
Past Earnings Growth Analysis
Earnings Trend: 710's earnings have grown by 19% per year over the past 5 years.
Accelerating Growth: 710's earnings growth over the past year (460.9%) exceeds its 5-year average (19% per year).
Earnings vs Industry: 710 earnings growth over the past year (460.9%) exceeded the Semiconductor industry 113.1%.
Return on Equity
High ROE: 710's Return on Equity (4.9%) is considered low.
Financial Health
How is BOE Varitronix's financial position?
Financial Position Analysis
Short Term Liabilities: 710's short term assets (HK$3.7B) exceed its short term liabilities (HK$1.4B).
Long Term Liabilities: 710's short term assets (HK$3.7B) exceed its long term liabilities (HK$22.9M).
Debt to Equity History and Analysis
Debt Level: 710 is debt free.
Reducing Debt: 710 has no debt compared to 5 years ago when its debt to equity ratio was 1%.
Debt Coverage: 710 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 710 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Dividend
What is BOE Varitronix current dividend yield, its reliability and sustainability?
0.42%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 710's dividend (0.42%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.36%).
High Dividend: 710's dividend (0.42%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.96%).
Stability and Growth of Payments
Stable Dividend: 710 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.
Growing Dividend: 710 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: 710 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 710'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?
5.6yrs
Average board tenure
CEO
Ning Su (41 yo)
3yrs
Tenure
HK$1,937,000
Compensation
Mr. Ning Su has been the Chief Executive Officer at BOE Varitronix Limited since January 1, 2019, serves as Executive Director since April 2016 and was its Co-Chief Executive Officer since April 28, 2016 u...
CEO Compensation Analysis
Compensation vs Market: Ning's total compensation ($USD248.80K) is below average for companies of similar size in the Hong Kong market ($USD454.12K).
Compensation vs Earnings: Ning's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: 710's board of directors are considered experienced (5.6 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
BOE Varitronix Limited's employee growth, exchange listings and data sources
Key Information
- Name: BOE Varitronix Limited
- Ticker: 710
- Exchange: SEHK
- Founded: 1978
- Industry: Semiconductors
- Sector: Semiconductors
- Implied Market Cap: HK$8.673b
- Shares outstanding: 736.23m
- Website: https://www.boevx.com
Number of Employees
Location
- BOE Varitronix Limited
- Legend Tower
- 35th Floor
- Kwun Tong
- Kowloon
- Hong Kong
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/17 16:14 |
| End of Day Share Price | 2022/01/17 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.