SEHK:1037

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Maxnerva Technology Services

Executive Summary

Maxnerva Technology Services Limited, an investment holding company, operates in the industrial solution, smart office, and new retail businesses in Hong Kong, Mainland China, North America, and other Asian countries. More Details


Snowflake Analysis

Flawless balance sheet and fair value.

Share Price & News

How has Maxnerva Technology Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1037 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: 1037's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.


Market Performance


7 Day Return

9.1%

1037

-3.0%

HK IT

2.2%

HK Market


1 Year Return

27.7%

1037

12.3%

HK IT

7.2%

HK Market

Return vs Industry: 1037 exceeded the Hong Kong IT industry which returned 12.3% over the past year.

Return vs Market: 1037 exceeded the Hong Kong Market which returned 7.2% over the past year.


Shareholder returns

1037IndustryMarket
7 Day9.1%-3.0%2.2%
30 Day20.0%5.6%8.4%
90 Day0%10.7%15.6%
1 Year27.7%27.7%14.5%12.3%11.4%7.2%
3 Year-61.3%-61.3%-10.9%-15.5%-3.4%-13.5%
5 Year-77.2%-77.2%41.3%26.4%65.4%37.4%

Long-Term Price Volatility Vs. Market

How volatile is Maxnerva Technology Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Maxnerva Technology Services undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1037 (HK$0.6) is trading below our estimate of fair value (HK$23.74)

Significantly Below Fair Value: 1037 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1037 is poor value based on its PE Ratio (21.5x) compared to the HK IT industry average (13.4x).

PE vs Market: 1037 is poor value based on its PE Ratio (21.5x) compared to the Hong Kong market (11.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1037's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1037 is good value based on its PB Ratio (0.9x) compared to the HK IT industry average (1.2x).


Next Steps

Future Growth

How is Maxnerva Technology Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

36.3%

Forecasted Software 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 Maxnerva Technology Services 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 Maxnerva Technology Services performed over the past 5 years?

19.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1037 has high quality earnings.

Growing Profit Margin: 1037's current net profit margins (2.8%) are lower than last year (7.3%).


Past Earnings Growth Analysis

Earnings Trend: 1037's earnings have grown by 19.3% per year over the past 5 years.

Accelerating Growth: 1037's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1037 had negative earnings growth (-44.4%) over the past year, making it difficult to compare to the IT industry average (-7.6%).


Return on Equity

High ROE: 1037's Return on Equity (4.3%) is considered low.


Next Steps

Financial Health

How is Maxnerva Technology Services's financial position?


Financial Position Analysis

Short Term Liabilities: 1037's short term assets (CN¥459.5M) exceed its short term liabilities (CN¥180.5M).

Long Term Liabilities: 1037's short term assets (CN¥459.5M) exceed its long term liabilities (CN¥23.0M).


Debt to Equity History and Analysis

Debt Level: 1037 is debt free.

Reducing Debt: 1037 has no debt compared to 5 years ago when its debt to equity ratio was 13.2%.

Debt Coverage: 1037 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 1037 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Maxnerva Technology Services's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1037's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1037's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1037's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1037's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1037 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 1037'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?

2.8yrs

Average board tenure


CEO

Liting Cai (45 yo)

1.08yrs

Tenure

Mr. Liting Cai serves as Executive Director and Chief Executive Officer of Maxnerva Technology Services Ltd. since December 19, 2019. Mr. Cai has experience in the electronic, manufacturing and information...


Board Members

NamePositionTenureCompensationOwnership
Yi-Pin Chien
Executive Chairman2.83yrsno data2.81%
CN¥ 11.1m
Liting Cai
CEO & Executive Director1.08yrsno datano data
Yee Pun Cheng
Executive Director2.83yrsCN¥1.20mno data
Chao Yang Kao
Executive Director2.83yrsno datano data
Ji Ran Kan
Independent Non-Executive Director5.08yrsCN¥105.00kno data
Tin Lok Tang
Independent Non-Executive Director5.08yrsCN¥105.00kno data
Xiaoquan Zhang
Independent Non Executive Director0.83yrno datano data
Eui Jong Jeon
Non-Executive Director1.83yrsno datano data

2.8yrs

Average Tenure

48yo

Average Age

Experienced Board: 1037's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.


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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Maxnerva Technology Services Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Maxnerva Technology Services Limited
  • Ticker: 1037
  • Exchange: SEHK
  • Founded: 1994
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: HK$392.918m
  • Shares outstanding: 654.86m
  • Website: https://www.maxnerva.com

Number of Employees


Location

  • Maxnerva Technology Services Limited
  • Houston Centre
  • Room 1001
  • Tsim Sha Tsui East
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1037SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 1994

Biography

Maxnerva Technology Services Limited, an investment holding company, operates in the industrial solution, smart office, and new retail businesses in Hong Kong, Mainland China, North America, and other Asia...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/17 10:01
End of Day Share Price2021/01/15 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.