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710

BOE VaritronixSEHK:710 Stock Report

Last Price

HK$11.78

Market Cap

HK$8.7b

7D

15.0%

1Y

300.7%

Updated

17 Jan, 2022

Data

Company Financials
710 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends0/6

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

Summary of all time highs, changes and price drops for BOE Varitronix
Historical stock prices
Current Share PriceHK$11.78
52 Week HighHK$12.80
52 Week LowHK$2.90
Beta0.57
1 Month Change25.59%
3 Month Change47.07%
1 Year Change300.68%
3 Year Change497.97%
5 Year Change247.49%
Change since IPO218.38%

Recent News & Updates

Dec 27
I Ran A Stock Scan For Earnings Growth And BOE Varitronix (HKG:710) Passed With Ease

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...

Dec 09
Returns At BOE Varitronix (HKG:710) Appear To Be Weighed Down

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...

Sep 21
Do BOE Varitronix's (HKG:710) Earnings Warrant Your Attention?

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

710HK SemiconductorHK Market
7D15.0%2.3%3.2%
1Y300.7%-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

Is 710's price volatile compared to industry and market?
710 volatility
710 Average Weekly Movement10.1%
Semiconductor Industry Average Movement6.6%
Market Average Movement6.7%
10% most volatile stocks in HK Market13.1%
10% least volatile stocks in HK Market3.0%

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

FoundedEmployeesCEOWebsite
19783,733Ning Suhttps://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

How do BOE Varitronix's earnings and revenue compare to its market cap?
710 fundamental statistics
Market CapHK$8.67b
Earnings (TTM)HK$145.56m
Revenue (TTM)HK$5.83b

59.6x

P/E Ratio

1.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
710 income statement (TTM)
RevenueHK$5.83b
Cost of RevenueHK$4.79b
Gross ProfitHK$1.04b
ExpensesHK$896.54m
EarningsHK$145.56m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.20
Gross Margin17.88%
Net Profit Margin2.50%
Debt/Equity Ratio0%

How did 710 perform over the long term?

See historical performance and comparison

Dividends

0.4%

Current Dividend Yield

25%

Payout Ratio

Valuation

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/17 16:14
End of Day Share Price2022/01/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.