SEHK:8150

Stock Analysis Report

Seamless Green China (Holdings)

Executive Summary

Seamless Green China (Holdings) Limited, an investment holding company, manufactures and trades in LED and related products in the People’s Republic of China, Hong Kong, and the Philippines.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Risks

  • Seamless Green China (Holdings) has significant price volatility in the past 3 months.
  • Seamless Green China (Holdings) is not covered by any analysts.

Share Price & News

How has Seamless Green China (Holdings)'s share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

89.9%

SEHK:8150

0.02%

HK Semiconductor

1.2%

HK Market


1 Year Return

126.5%

SEHK:8150

8.9%

HK Semiconductor

-9.5%

HK Market

8150 outperformed the Semiconductor industry which returned 7.9% over the past year.

8150 outperformed the Market in Hong Kong which returned -9.8% over the past year.


Share holder returns

8150IndustryMarket
7 Day89.9%0.02%1.2%
30 Day548.3%2.1%-8.0%
90 Day224.1%1.1%-5.9%
1 Year126.5%126.5%10.2%8.9%-6.2%-9.5%
3 Year-27.7%-27.7%13.8%7.7%14.5%3.1%
5 Year-68.7%-68.7%-33.7%-38.9%8.5%-9.5%

Price Volatility Vs. Market

How volatile is Seamless Green China (Holdings)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Seamless Green China (Holdings) undervalued based on future cash flows and its price relative to the stock market?

5.97x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Seamless Green China (Holdings) to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Seamless Green China (Holdings) to establish if it is available at substantial discount.


Price Based on Earnings

Seamless Green China (Holdings) is loss making, we can't compare its value to the HK Semiconductor industry average.

Seamless Green China (Holdings) is loss making, we can't compare the value of its earnings to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Seamless Green China (Holdings), we can't assess if its growth is good value.


Price Based on Value of Assets

Seamless Green China (Holdings) is overvalued based on assets compared to the HK Semiconductor industry average.


Next Steps

Future Growth

How is Seamless Green China (Holdings) expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

28.6%

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 Seamless Green China (Holdings) 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.


Next Steps

Past Performance

How has Seamless Green China (Holdings) performed over the past 5 years?

62.4%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Seamless Green China (Holdings) does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Seamless Green China (Holdings)'s 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Seamless Green China (Holdings)'s 1-year growth to the HK Semiconductor industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Seamless Green China (Holdings) has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Seamless Green China (Holdings) has efficiently used its assets last year compared to the HK Semiconductor industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Seamless Green China (Holdings) improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Seamless Green China (Holdings)'s financial position?


Financial Position Analysis

Seamless Green China (Holdings) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Seamless Green China (Holdings)'s cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Seamless Green China (Holdings)'s level of debt (36.4%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (98.1% vs 36.4% today).


Balance Sheet

Low level of unsold assets.

Debt is covered by short term assets, assets are 6.6x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Seamless Green China (Holdings) has less than a year of cash runway based on current free cash flow.

Seamless Green China (Holdings) has less than a year of cash runway if free cash flow continues to grow at historical rates of 28.7% each year.


Next Steps

Dividend

What is Seamless Green China (Holdings)'s current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Seamless Green China (Holdings)'s dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Seamless Green China (Holdings)'s dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Seamless Green China (Holdings) has not reported any payouts.

Unable to verify if Seamless Green China (Holdings)'s dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Seamless Green China (Holdings) has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Seamless Green China (Holdings)'s salary, the management and board of directors tenure and is there insider trading?

5.2yrs

Average board tenure


CEO

Kin Hong Wong (47yo)

0.0yrs

Tenure

HK$240,000

Compensation

Mr. Kin Hong Wong has been the Chairman and Executive Director at Seamless Green China Holdings Limited since June 28, 2014 and June 25, 2014 respectively and serves as its Chief Executive Officer. Mr. Won ...


CEO Compensation Analysis

Kin Hong's remuneration is lower than average for companies of similar size in Hong Kong.

Kin Hong's compensation has been consistent with company performance over the past year, both up more than 20%.


Board Age and Tenure

5.2yrs

Average Tenure

48yo

Average Age

The tenure for the Seamless Green China (Holdings) board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Ming Chang (50yo)

    Head of Administration & Cost Control of Production of Fuqing Plant and Special Assistant To MD

    • Tenure: 0.0yrs
  • Wen Ling Chang (55yo)

    Head of Mgmt of Technical Support Production & Quality Control & Factory Mngr of Fuqing Plant

    • Tenure: 0.0yrs
  • Nam Shan Fung (42yo)

    Company Secretary

    • Tenure: 5.1yrs
  • Kin Hong Wong (47yo)

    Chairman & CEO

    • Tenure: 0.0yrs
    • Compensation: HK$240.00k
  • Yonghua Huang (31yo)

    Executive Director

    • Tenure: 5.2yrs
    • Compensation: HK$939.00k
  • Po Yee Leung (50yo)

    Compliance Officer & Executive Director

    • Tenure: 5.2yrs
    • Compensation: HK$1.28m
  • Tat Wa Wong (36yo)

    Executive Director

    • Tenure: 5.2yrs
    • Compensation: HK$1.22m

Board Members

  • Kin Hong Wong (47yo)

    Chairman & CEO

    • Tenure: 0.0yrs
    • Compensation: HK$240.00k
  • Yonghua Huang (31yo)

    Executive Director

    • Tenure: 5.2yrs
    • Compensation: HK$939.00k
  • Po Yee Leung (50yo)

    Compliance Officer & Executive Director

    • Tenure: 5.2yrs
    • Compensation: HK$1.28m
  • Rong Gang Tang (49yo)

    Independent Non-Executive Director

    • Tenure: 5.2yrs
    • Compensation: HK$120.00k
  • Guoniu Yan (64yo)

    Independent Non-Executive Director

    • Tenure: 5.2yrs
    • Compensation: HK$120.00k
  • Wei An Ou (51yo)

    Independent Non-Executive Director

    • Tenure: 5.1yrs
    • Compensation: HK$120.00k
  • Tat Wa Wong (36yo)

    Executive Director

    • Tenure: 5.2yrs
    • Compensation: HK$1.22m
  • Steve Ng (41yo)

    Independent Non Executive Director

    • Tenure: 4.8yrs
    • Compensation: HK$120.00k

Company Information

Seamless Green China (Holdings) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Seamless Green China (Holdings) Limited
  • Ticker: 8150
  • Exchange: SEHK
  • Founded: 2001
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: HK$196.565m
  • Shares outstanding: 1.57b
  • Website: https://www.victoryhousefp.com/lchp/8150.html

Number of Employees


Location

  • Seamless Green China (Holdings) Limited
  • Seaview Commercial Building
  • Room 1604
  • Sheung Wan
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8150SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDAug 2001

Biography

Seamless Green China (Holdings) Limited, an investment holding company, manufactures and trades in LED and related products in the People’s Republic of China, Hong Kong, and the Philippines. The company op ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/19 12:38
End of Day Share Price2019/08/19 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.