SEHK:1402

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Executive Summary

i-Control Holdings Limited provides video conferencing and multimedia audiovisual solutions in the People’s Republic of China and Singapore. More Details


Snowflake Analysis

Flawless balance sheet unattractive dividend payer.

Share Price & News

How has i-Control Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1402 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 1402's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

-3.5%

1402

8.5%

HK IT

3.5%

HK Market


1 Year Return

20.3%

1402

24.9%

HK IT

15.1%

HK Market

Return vs Industry: 1402 underperformed the Hong Kong IT industry which returned 24.9% over the past year.

Return vs Market: 1402 exceeded the Hong Kong Market which returned 15.1% over the past year.


Shareholder returns

1402IndustryMarket
7 Day-3.5%8.5%3.5%
30 Day-5.7%13.9%12.7%
90 Day-4.6%22.7%18.1%
1 Year23.4%20.3%27.4%24.9%19.7%15.1%
3 Year25.7%15.3%-7.9%-12.6%-5.1%-15.1%
5 Year152.9%118.4%40.9%26.2%65.1%37.0%

Long-Term Price Volatility Vs. Market

How volatile is i-Control Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is i-Control Holdings undervalued compared to its fair value and its price relative to the market?

37.78x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1402 (HK$0.42) is trading above our estimate of fair value (HK$0.12)

Significantly Below Fair Value: 1402 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1402 is poor value based on its PE Ratio (37.8x) compared to the HK IT industry average (14.5x).

PE vs Market: 1402 is poor value based on its PE Ratio (37.8x) compared to the Hong Kong market (11.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1402's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1402 is overvalued based on its PB Ratio (2.9x) compared to the HK IT industry average (1.1x).


Next Steps

Future Growth

How is i-Control Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.3%

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 i-Control 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 i-Control Holdings performed over the past 5 years?

-0.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1402 has a large one-off gain of HK$13.3M impacting its September 30 2020 financial results.

Growing Profit Margin: 1402's current net profit margins (7.4%) are lower than last year (9%).


Past Earnings Growth Analysis

Earnings Trend: 1402's earnings have declined by 0.4% per year over the past 5 years.

Accelerating Growth: 1402's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1402 had negative earnings growth (-35.6%) over the past year, making it difficult to compare to the IT industry average (-7.6%).


Return on Equity

High ROE: 1402's Return on Equity (7.8%) is considered low.


Next Steps

Financial Health

How is i-Control Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1402's short term assets (HK$109.2M) exceed its short term liabilities (HK$53.5M).

Long Term Liabilities: 1402's short term assets (HK$109.2M) exceed its long term liabilities (HK$860.0K).


Debt to Equity History and Analysis

Debt Level: 1402's debt to equity ratio (20.2%) is considered satisfactory.

Reducing Debt: 1402's debt to equity ratio has reduced from 61.1% to 20.2% over the past 5 years.

Debt Coverage: 1402's debt is well covered by operating cash flow (41.6%).

Interest Coverage: 1402's interest payments on its debt are well covered by EBIT (18.1x coverage).


Balance Sheet


Next Steps

Dividend

What is i-Control Holdings's current dividend yield, its reliability and sustainability?

2.17%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1402's dividend (2.17%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.09%).

High Dividend: 1402's dividend (2.17%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.55%).


Stability and Growth of Payments

Stable Dividend: 1402 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 1402's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (81.9%), 1402's payments are 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.7yrs

Average management tenure


CEO

i-Control Holdings has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Naixiong Zhong
Executive Chairman of the Board3.08yrsHK$120.00k60%
HK$ 249.0m
Wing Yiu Chan
Compliance Officer & Executive Director6.42yrsHK$1.55mno data
Wing Lun Chan
Executive Director6.42yrsHK$4.06mno data
Sai Wong Tong
Executive Director6.42yrsHK$1.55mno data
Wing Keung Yau
Executive Director3.08yrsHK$180.00kno data
Ho Yin Man
Financial Controllerno datano datano data
King Hang Poon
Head of Business Development Department of the Groupno datano datano data
Tsz Wai Ng
Company Secretary3.08yrsno datano data

5.7yrs

Average Tenure

57yo

Average Age

Experienced Management: 1402's management team is seasoned and experienced (5.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Naixiong Zhong
Executive Chairman of the Board3.08yrsHK$120.00k60%
HK$ 249.0m
Wing Yiu Chan
Compliance Officer & Executive Director6.42yrsHK$1.55mno data
Wing Lun Chan
Executive Director6.42yrsHK$4.06mno data
Sai Wong Tong
Executive Director6.42yrsHK$1.55mno data
Wing Keung Yau
Executive Director3.08yrsHK$180.00kno data
King Keung Wong
Non-Executive Director6.42yrsHK$180.00k15%
HK$ 62.3m
Pak Sum Lum
Independent Non-Executive Director5.67yrsHK$150.00kno data
Chan Man Fung
Independent Non-Executive Director3.08yrsHK$150.00kno data
Cheuk Wai Mong
Independent Non-Executive Director2.17yrsHK$150.00kno data
Chi Fong
Independent Non-Executive Director3.08yrsHK$150.00kno data

4.4yrs

Average Tenure

59.5yo

Average Age

Experienced Board: 1402's board of directors are considered experienced (4.4 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.


Ownership Breakdown

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


Top Shareholders

Company Information

i-Control Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: i-Control Holdings Limited
  • Ticker: 1402
  • Exchange: SEHK
  • Founded: 1987
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: HK$415.000m
  • Shares outstanding: 1.00b
  • Website: https://www.i-control.com.hk

Number of Employees


Location

  • i-Control Holdings Limited
  • Units A & B, MG Tower
  • 12th Floor
  • Kwun Tong
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1402SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2015

Biography

i-Control Holdings Limited provides video conferencing and multimedia audiovisual solutions in the People’s Republic of China and Singapore. It offers audio-video conferencing solutions, professional displ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/23 10:04
End of Day Share Price2021/01/22 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.