Executive Summary
SUNeVision Holdings Ltd., an investment holding company, engages in the data center business in Hong Kong.
Rewards
Risk Analysis
Snowflake Analysis
Established dividend payer with proven track record.
Share Price & News
How has SUNeVision Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1686's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
17.4%
1686
9.0%
HK IT
7.4%
HK Market
1 Year Return
-34.7%
1686
-31.8%
HK IT
-22.7%
HK Market
Return vs Industry: 1686 underperformed the Hong Kong IT industry which returned -31.8% over the past year.
Return vs Market: 1686 underperformed the Hong Kong Market which returned -22.7% over the past year.
Shareholder returns
| 1686 | Industry | Market | |
|---|---|---|---|
| 7 Day | 17.4% | 9.0% | 7.4% |
| 30 Day | -10.2% | -11.3% | -11.2% |
| 90 Day | -14.4% | -21.0% | -17.3% |
| 1 Year | -32.8%-34.7% | -30.5%-31.8% | -19.9%-22.7% |
| 3 Year | 17.3%7.4% | -30.7%-33.9% | -5.3%-14.8% |
| 5 Year | 86.3%57.1% | -15.5%-20.3% | -8.7%-23.4% |
Price Volatility Vs. Market
How volatile is SUNeVision Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
At HK$3.84, Is It Time To Put SUNeVision Holdings Ltd. (HKG:1686) On Your Watch List?2 weeks ago | Simply Wall St
Three Things You Should Check Before Buying SUNeVision Holdings Ltd. (HKG:1686) For Its Dividend1 month ago | Simply Wall St
SUNeVision Holdings Ltd. Fell Short of Analyst Expectations: Here's What You Need To KnowValuation
Is SUNeVision Holdings undervalued compared to its fair value and its price relative to the market?
20.59x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1686 (HK$4.51) is trading above our estimate of fair value (HK$2.49)
Significantly Below Fair Value: 1686 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1686 is poor value based on its PE Ratio (20.6x) compared to the IT industry average (13.1x).
PE vs Market: 1686 is poor value based on its PE Ratio (20.6x) compared to the Hong Kong market (8.9x).
Price to Earnings Growth Ratio
PEG Ratio: 1686 is poor value based on its PEG Ratio (6.7x)
Price to Book Ratio
PB vs Industry: 1686 is overvalued based on its PB Ratio (4.6x) compared to the HK IT industry average (0.9x).
Next Steps
Future Growth
How is SUNeVision Holdings forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
3.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1686's forecast earnings growth (3.1% per year) is above the savings rate (1.6%).
Earnings vs Market: 1686's earnings (3.1% per year) are forecast to grow slower than the Hong Kong market (12.7% per year).
High Growth Earnings: 1686's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1686's revenue (9.6% per year) is forecast to grow slower than the Hong Kong market (10% per year).
High Growth Revenue: 1686's revenue (9.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1686's Return on Equity is forecast to be low in 3 years time (19.2%).
Next Steps
Past Performance
How has SUNeVision Holdings performed over the past 5 years?
9.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1686 has a high level of non-cash earnings.
Growing Profit Margin: 1686's current net profit margins (51.7%) are higher than last year (47.1%).
Past Earnings Growth Analysis
Earnings Trend: 1686's earnings have grown by 9.4% per year over the past 5 years.
Accelerating Growth: 1686's earnings growth over the past year (29.6%) exceeds its 5-year average (9.4% per year).
Earnings vs Industry: 1686 earnings growth over the past year (29.6%) exceeded the IT industry -9.5%.
Return on Equity
High ROE: Whilst 1686's Return on Equity (22.48%) is high, this metric is skewed due to their high level of debt.
Next Steps
Financial Health
How is SUNeVision Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1686's short term assets (HK$872.4M) do not cover its short term liabilities (HK$3.4B).
Long Term Liabilities: 1686's short term assets (HK$872.4M) do not cover its long term liabilities (HK$7.2B).
Debt to Equity History and Analysis
Debt Level: 1686's debt to equity ratio (231.5%) is considered high.
Reducing Debt: Insufficient data to determine if 1686's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 1686's debt is not well covered by operating cash flow (12.7%).
Interest Coverage: 1686's interest payments on its debt are well covered by EBIT (83.1x coverage).
Balance Sheet
Inventory Level: 1686 has a high level of physical assets or inventory.
Debt Coverage by Assets: 1686's debt is not covered by short term assets (assets are 0.1x debt).
Next Steps
Dividend
What is SUNeVision Holdings's current dividend yield, its reliability and sustainability?
3.66%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1686's dividend (3.66%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.63%).
High Dividend: 1686's dividend (3.66%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.28%).
Stability and Growth of Payments
Stable Dividend: 1686's dividends per share have been stable in the past 10 years.
Growing Dividend: 1686's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (75.3%), 1686's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 1686's dividends in 3 years are forecast to be covered by earnings (68.8% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.8yrs
Average management tenure
CEO
Raymond Tong (44yo)
1.67s
Tenure
HK$11,247,000
Compensation
Mr. Kwok-Kong Tong, also known as Raymond, serves as CEO & Executive Director of NexJ Systems Inc. and SUNeVision Holdings Ltd. since June 19, 2018. Mr. Tong serves as Chief Executive Officer of Pacific Co ...
CEO Compensation Analysis
Compensation vs Market: Raymond's total compensation ($USD1.45M) is above average for companies of similar size in the Hong Kong market ($USD469.46K).
Compensation vs Earnings: Raymond's compensation has increased by more than 20% in the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 20.17yrs | HK$60.00k | 0.33% HK$59.1m | |
| CEO & Executive Director | 1.67yrs | HK$11.25m | 0.0049% HK$890.0k | |
| Vice Chairman | 5.25yrs | HK$630.00k | no data | |
| Executive Director | 20.17yrs | HK$57.00k | no data | |
| Company Secretary & Head of Finance | no data | no data | no data | |
| COO & Executive Director | 0.42yr | no data | 0.00025% HK$45.0k | |
| Commercial Director & Executive Director | 0.42yr | no data | no data |
1.8yrs
Average Tenure
55.5yo
Average Age
Experienced Management: 1686's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 20.17yrs | HK$60.00k | 0.33% HK$59.1m | |
| CEO & Executive Director | 1.67yrs | HK$11.25m | 0.0049% HK$890.0k | |
| Vice Chairman | 5.25yrs | HK$630.00k | no data | |
| Executive Director | 20.17yrs | HK$57.00k | no data | |
| COO & Executive Director | 0.42yr | no data | 0.00025% HK$45.0k | |
| Commercial Director & Executive Director | 0.42yr | no data | no data | |
| Vice Chairman | 5.25yrs | HK$270.00k | no data | |
| Independent Non-Executive Director | 20.17yrs | HK$240.00k | no data | |
| Independent Non-Executive Director | 13.17yrs | HK$240.00k | no data | |
| Independent Non-Executive Director | 13.17yrs | HK$240.00k | 0.000020% HK$3.6k |
9.2yrs
Average Tenure
63.5yo
Average Age
Experienced Board: 1686's board of directors are considered experienced (9.2 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 1686 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
SUNeVision Holdings Ltd.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: SUNeVision Holdings Ltd.
- Ticker: 1686
- Exchange: SEHK
- Founded:
- Industry: Internet Services and Infrastructure
- Sector: Software
- Market Cap: HK$18.016b
- Shares outstanding: 4.05b
- Website: https://www.sunevision.com
Number of Employees
Location
- SUNeVision Holdings Ltd.
- Standard Chartered Tower
- Unit 3110, 31st Floor
- Kwun Tong
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1686 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Mar 2000 |
| VI6 | BST (Boerse-Stuttgart) | Yes | Ordinary Shares | DE | EUR | Mar 2000 |
| 1686 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Mar 2000 |
| 1686 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Mar 2000 |
Biography
SUNeVision Holdings Ltd., an investment holding company, engages in the data center business in Hong Kong. The company is involved in the provision of facilities management and value added services. It also engages in the design, installation, operation, laying, and cabling of extra-low voltage and information technology systems, as well as building access, voice, data, power supply systems and network, and other infrastructure networks; and provision of related repair and maintenance services. In addition, the company offers IT and optical fiber network, and related maintenance services; treasury services; and financing, management, and company secretary services. Further, it is involved in property and trademark holding activities. The company is headquartered in Kwun Tong, Hong Kong. SUNeVision Holdings Ltd. is a subsidiary of Sunco Resources Limited.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 12:40 |
| End of Day Share Price | 2020/03/31 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/06/30 |
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.