Executive Summary
i-Control Holdings Limited provides video conferencing and multimedia audiovisual solutions in the People’s Republic of China and Singapore. More Details
Risk Analysis
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
| 1402 | Industry | Market | |
|---|---|---|---|
| 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 Year | 23.4%20.3% | 27.4%24.9% | 19.7%15.1% |
| 3 Year | 25.7%15.3% | -7.9%-12.6% | -5.1%-15.1% |
| 5 Year | 152.9%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
2 weeks ago | Simply Wall St
Is i-Control Holdings Limited's (HKG:1402) Recent Performancer Underpinned By Weak Financials?1 month ago | Simply Wall St
Should We Be Excited About The Trends Of Returns At i-Control Holdings (HKG:1402)?1 month ago | Simply Wall St
We Wouldn't Rely On i-Control Holdings's (HKG:1402) Statutory Earnings As A GuideValuation
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
- Examine i-Control Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- i-Control Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 3.08yrs | HK$120.00k | 60% HK$ 249.0m | |
| Compliance Officer & Executive Director | 6.42yrs | HK$1.55m | no data | |
| Executive Director | 6.42yrs | HK$4.06m | no data | |
| Executive Director | 6.42yrs | HK$1.55m | no data | |
| Executive Director | 3.08yrs | HK$180.00k | no data | |
| Financial Controller | no data | no data | no data | |
| Head of Business Development Department of the Group | no data | no data | no data | |
| Company Secretary | 3.08yrs | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman of the Board | 3.08yrs | HK$120.00k | 60% HK$ 249.0m | |
| Compliance Officer & Executive Director | 6.42yrs | HK$1.55m | no data | |
| Executive Director | 6.42yrs | HK$4.06m | no data | |
| Executive Director | 6.42yrs | HK$1.55m | no data | |
| Executive Director | 3.08yrs | HK$180.00k | no data | |
| Non-Executive Director | 6.42yrs | HK$180.00k | 15% HK$ 62.3m | |
| Independent Non-Executive Director | 5.67yrs | HK$150.00k | no data | |
| Independent Non-Executive Director | 3.08yrs | HK$150.00k | no data | |
| Independent Non-Executive Director | 2.17yrs | HK$150.00k | no data | |
| Independent Non-Executive Director | 3.08yrs | HK$150.00k | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1402 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | May 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/23 10:04 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.