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1037

Maxnerva Technology ServicesSEHK:1037 Stock Report

Last Price

HK$0.38

Market Cap

HK$259.6m

7D

1.3%

1Y

-53.1%

Updated

26 Jan, 2022

Data

Company Financials
1037 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends0/6

1037 Stock Overview

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.

Price History & Performance

Summary of all time highs, changes and price drops for Maxnerva Technology Services
Historical stock prices
Current Share PriceHK$0.38
52 Week HighHK$1.00
52 Week LowHK$0.32
Beta-0.14
1 Month Change2.70%
3 Month Change-3.80%
1 Year Change-53.09%
3 Year Change-52.50%
5 Year Change-83.26%
Change since IPO-91.74%

Recent News & Updates

Dec 03
Maxnerva Technology Services (HKG:1037) Is Experiencing Growth In Returns On Capital

Maxnerva Technology Services (HKG:1037) Is Experiencing Growth In Returns On Capital

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Firstly, we'd want to...

Jul 26
Maxnerva Technology Services (HKG:1037) Shareholders Will Want The ROCE Trajectory To Continue

Maxnerva Technology Services (HKG:1037) Shareholders Will Want The ROCE Trajectory To Continue

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...

May 11
Calculating The Intrinsic Value Of Maxnerva Technology Services Limited (HKG:1037)

Calculating The Intrinsic Value Of Maxnerva Technology Services Limited (HKG:1037)

In this article we are going to estimate the intrinsic value of Maxnerva Technology Services Limited ( HKG:1037 ) by...

Shareholder Returns

1037HK ITHK Market
7D1.3%-2.8%-0.06%
1Y-53.1%-23.1%-15.0%

Return vs Industry: 1037 underperformed the Hong Kong IT industry which returned -23.1% over the past year.

Return vs Market: 1037 underperformed the Hong Kong Market which returned -15% over the past year.

Price Volatility

Is 1037's price volatile compared to industry and market?
1037 volatility
1037 Average Weekly Movement7.1%
IT Industry Average Movement7.3%
Market Average Movement6.7%
10% most volatile stocks in HK Market13.1%
10% least volatile stocks in HK Market3.1%

Stable Share Price: 1037 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: 1037's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994507Liting Caihttps://www.maxnerva.com

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. The company provides a range of smart manufacturing solutions, including system design, digital factory implementation, and advanced automation; and other Internet-of-Things and system integration solutions. It also offers information technology infrastructure services, including cloud services; planning, design, deployment, and maintenance services; and related equipment procurement services.

Maxnerva Technology Services Fundamentals Summary

How do Maxnerva Technology Services's earnings and revenue compare to its market cap?
1037 fundamental statistics
Market CapCN¥210.92m
Earnings (TTM)CN¥16.41m
Revenue (TTM)CN¥524.10m

13.2x

P/E Ratio

0.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1037 income statement (TTM)
RevenueCN¥524.10m
Cost of RevenueCN¥417.48m
Gross ProfitCN¥106.62m
ExpensesCN¥90.21m
EarningsCN¥16.41m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.023
Gross Margin20.34%
Net Profit Margin3.13%
Debt/Equity Ratio0%

How did 1037 perform over the long term?

See historical performance and comparison

Valuation

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

13.21x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1037's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1037's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1037 is poor value based on its PE Ratio (13.2x) compared to the Hong Kong IT industry average (12.9x).

PE vs Market: 1037 is poor value based on its PE Ratio (13.2x) compared to the Hong Kong market (8.9x).


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 (0.6x) compared to the HK IT industry average (1.4x).


Future Growth

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

29.5%

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.


Past Performance

How has Maxnerva Technology Services performed over the past 5 years?

-10.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1037 has a high level of non-cash earnings.

Growing Profit Margin: 1037's current net profit margins (3.1%) are higher than last year (2.8%).


Past Earnings Growth Analysis

Earnings Trend: 1037 has become profitable over the past 5 years, growing earnings by -10.1% per year.

Accelerating Growth: 1037's earnings growth over the past year (7.5%) exceeds its 5-year average (-10.1% per year).

Earnings vs Industry: 1037 earnings growth over the past year (7.5%) underperformed the IT industry 8.2%.


Return on Equity

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


Financial Health

How is Maxnerva Technology Services's financial position?


Financial Position Analysis

Short Term Liabilities: 1037's short term assets (CN¥483.6M) exceed its short term liabilities (CN¥179.6M).

Long Term Liabilities: 1037's short term assets (CN¥483.6M) exceed its long term liabilities (CN¥12.0M).


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 5.9%.

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


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?

3.8yrs

Average board tenure


CEO

Liting Cai (46 yo)

2.08yrs

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

Experienced Board: 1037's board of directors are considered experienced (3.8 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 been diluted in the past year, with total shares outstanding growing by 7.1%.


Top Shareholders

Company Information

Maxnerva Technology Services Limited's 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
  • Implied Market Cap: HK$259.571m
  • Shares outstanding: 701.54m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/26 10:02
End of Day Share Price2022/01/26 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.