China Electronics Huada Technology Company Limited, an investment holding company, researches, designs, develops, and sells integrated circuit chips in the People’s Republic of China.
Slightly overvalued with imperfect balance sheet.
Share Price & News
How has China Electronics Huada Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 85's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 85 underperformed the Hong Kong Semiconductor industry which returned 51.2% over the past year.
Return vs Market: 85 exceeded the Hong Kong Market which returned -5.1% over the past year.
Price Volatility Vs. Market
How volatile is China Electronics Huada Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StFactors Income Investors Should Consider Before Adding China Electronics Huada Technology Company Limited (HKG:85) To Their Portfolio
4 weeks ago | Simply Wall StHow Does China Electronics Huada Technology's (HKG:85) P/E Compare To Its Industry, After Its Big Share Price Gain?
2 months ago | Simply Wall StChina Electronics Huada Technology (HKG:85) Has A Mountain Of Debt
Is China Electronics Huada Technology undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 85 (HK$0.75) is trading above our estimate of fair value (HK$0.23)
Significantly Below Fair Value: 85 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 85 is good value based on its PE Ratio (14.2x) compared to the Semiconductor industry average (19.2x).
PE vs Market: 85 is poor value based on its PE Ratio (14.2x) compared to the Hong Kong market (10.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 85's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 85 is good value based on its PB Ratio (0.8x) compared to the HK Semiconductor industry average (1.4x).
How is China Electronics Huada Technology 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 China Electronics Huada Technology 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.
- Take a look at our analysis of 85’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- China Electronics Huada Technology competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Semiconductors industry.
How has China Electronics Huada Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 85 has high quality earnings.
Growing Profit Margin: 85's current net profit margins (6.7%) are lower than last year (8.9%).
Past Earnings Growth Analysis
Earnings Trend: 85's earnings have declined by -9.6% per year over the past 5 years.
Accelerating Growth: 85's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 85 had negative earnings growth (-30.8%) over the past year, making it difficult to compare to the Semiconductor industry average (4.2%).
Return on Equity
High ROE: 85's Return on Equity (5.5%) is considered low.
Return on Assets
Return on Capital Employed
How is China Electronics Huada Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 85's short term assets (HK$2.1B) do not cover its short term liabilities (HK$3.0B).
Long Term Liabilities: 85's short term assets (HK$2.1B) exceed its long term liabilities (HK$77.6M).
Debt to Equity History and Analysis
Debt Level: 85's debt to equity ratio (114.2%) is considered high.
Reducing Debt: 85's debt to equity ratio has reduced from 786.9% to 114.2% over the past 5 years.
Debt Coverage: 85's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 85's interest payments on its debt are not well covered by EBIT (0.9x coverage).
Inventory Level: 85 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 85's debt is not covered by short term assets (assets are 0.9x debt).
What is China Electronics Huada Technology's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 85's dividend (2.67%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 85's dividend (2.67%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.28%).
Stability and Growth of Payments
Stable Dividend: 85 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 85 has only been paying a dividend for 6 years, and since then payments have fallen.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.8%), 85's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Hongzhou Liu (56yo)
Mr. Hongzhou Liu has been a Managing Director of China Electronics Corporation Holdings Company Limited since October 11, 2013 until January 19, 2016 and has been its Executive Director since October 11, 2 ...
CEO Compensation Analysis
Compensation vs Market: Hongzhou's total compensation ($USD203.44K) is about average for companies of similar size in the Hong Kong market ($USD287.59K).
Compensation vs Earnings: Hongzhou's compensation has been consistent with company performance over the past year.
|MD & Executive Director||4.1yrs||HK$1.58m||no data|
|Deputy Chairman||0.9yrs||no data||no data|
|Independent Non-Executive Director||4.7yrs||HK$200.00k||no data|
|Independent Non Executive Director||22.8yrs||HK$200.00k||no data|
|Independent Non-Executive Director||7.3yrs||HK$200.00k||no data|
|Chairman of the Board||4.1yrs||no data||0.23% HK$3.6m|
|Non-Executive Director||2.1yrs||no data||0.0097% HK$150.0k|
Experienced Board: 85's board of directors are considered experienced (4.7 years average tenure).
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: Shareholders have not been meaningfully diluted in the past year.
China Electronics Huada Technology Company Limited's company bio, employee growth, exchange listings and data sources
- Name: China Electronics Huada Technology Company Limited
- Ticker: 85
- Exchange: SEHK
- Industry: Semiconductors
- Sector: Semiconductors
- Market Cap: HK$1.543b
- Shares outstanding: 2.03b
- Website: https://www.cecht.com.cn
Number of Employees
- China Electronics Huada Technology Company Limited
- China Resources Building
- Room 3403
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|85||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Sep 2004|
China Electronics Huada Technology Company Limited, an investment holding company, researches, designs, develops, and sells integrated circuit chips in the People’s Republic of China. Its products are primarily used in RFID, ID cards, social security cards, fuel cards, telecommunication cards, electric cards, transportation cards, wireless networks equipment, etc. The company was formerly known as China Electronics Corporation Holdings Company Limited and changed its name to China Electronics Huada Technology Company Limited in August 2017. The company is based in Wanchai, Hong Kong. China Electronics Huada Technology Company Limited is a subsidiary of Huada Semiconductor Co., Ltd. The company is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 12:40|
|End of Day Share Price||2020/02/20 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.