Executive Summary
Vixtel Technologies Holdings Limited, an investment holding company, provides application performance management (APM) solutions in the People’s Republic of China.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and fair value.
Similar Companies
Share Price & News
How has Vixtel Technologies Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1782 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
8.5%
1782
-0.4%
HK IT
0.6%
HK Market
1 Year Return
-29.7%
1782
-14.2%
HK IT
-5.7%
HK Market
Return vs Industry: 1782 underperformed the Hong Kong IT industry which returned -13.1% over the past year.
Return vs Market: 1782 underperformed the Hong Kong Market which returned -5.1% over the past year.
Shareholder returns
| 1782 | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.5% | -0.4% | 0.6% |
| 30 Day | -8.6% | -1.9% | -0.8% |
| 90 Day | 3.2% | 3.9% | 4.1% |
| 1 Year | -28.7%-29.7% | -12.6%-14.2% | -2.2%-5.7% |
| 3 Year | 10.3%6.7% | -10.1%-14.4% | 13.8%2.3% |
| 5 Year | n/a | 42.9%34.4% | 14.8%-4.2% |
Price Volatility Vs. Market
How volatile is Vixtel Technologies Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 weeks ago | Simply Wall St
Are Vixtel Technologies Holdings's (HKG:1782) Statutory Earnings A Good Guide To Its Underlying Profitability?1 month ago | Simply Wall St
Vixtel Technologies Holdings (HKG:1782) Shareholders Booked A 29% Gain In The Last Three Years1 month ago | Simply Wall St
Should We Be Delighted With Vixtel Technologies Holdings Limited's (HKG:1782) ROE Of 14%?Valuation
Is Vixtel Technologies Holdings 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: 1782 (HK$0.64) is trading below our estimate of fair value (HK$2.29)
Significantly Below Fair Value: 1782 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1782 is poor value based on its PE Ratio (12.2x) compared to the IT industry average (12.2x).
PE vs Market: 1782 is poor value based on its PE Ratio (12.2x) compared to the Hong Kong market (10.2x).
Price to Earnings Growth Ratio
PEG Ratio: 1782 is good value based on its PEG Ratio (0.6x)
Price to Book Ratio
PB vs Industry: 1782 is overvalued based on its PB Ratio (1.7x) compared to the HK IT industry average (1x).
Next Steps
Future Growth
How is Vixtel Technologies Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
19.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 1782's forecast earnings growth (19.9% per year) is above the savings rate (1.6%).
Earnings vs Market: 1782's earnings (19.9% per year) are forecast to grow faster than the Hong Kong market (11.8% per year).
High Growth Earnings: 1782's earnings are forecast to grow, but not significantly.
Revenue vs Market: 1782's revenue (11.7% per year) is forecast to grow faster than the Hong Kong market (10.5% per year).
High Growth Revenue: 1782's revenue (11.7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 1782's Return on Equity is forecast to be low in 3 years time (13.6%).
Next Steps
Past Performance
How has Vixtel Technologies Holdings performed over the past 5 years?
20.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1782 has high quality earnings.
Growing Profit Margin: 1782's current net profit margins (24.3%) are higher than last year (21.7%).
Past Earnings Growth Analysis
Earnings Trend: 1782's earnings have grown significantly by 20.2% per year over the past 5 years.
Accelerating Growth: 1782's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1782 had negative earnings growth (-3.7%) over the past year, making it difficult to compare to the IT industry average (-8.6%).
Return on Equity
High ROE: 1782's Return on Equity (13.9%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Vixtel Technologies Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 1782's short term assets (CN¥191.8M) exceed its short term liabilities (CN¥25.0M).
Long Term Liabilities: 1782's short term assets (CN¥191.8M) exceed its long term liabilities (CN¥2.5M).
Debt to Equity History and Analysis
Debt Level: 1782 is debt free.
Reducing Debt: 1782 had no debt 5 years ago.
Debt Coverage: 1782 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 1782 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: 1782 has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 1782's debt is covered by short term assets.
Next Steps
Dividend
What is Vixtel Technologies Holdings's current dividend yield, its reliability and sustainability?
2.86%
Forecast Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 1782's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 1782's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 1782's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 1782's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 1782 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 1782'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?
3.6yrs
Average management tenure
CEO
Tak Sie (43yo)
3.6yrs
Tenure
CN¥1,206,000
Compensation
Mr. Sie Tak Kwan has been Chief Executive Officer, Compliance Officer and Executive Director at Vixtel Technologies Holdings Ltd. since July 28, 2016 and November 10, 2015 respectively. Mr. Sie is primaril ...
CEO Compensation Analysis
Compensation vs Market: Tak's total compensation ($USD172.33K) is about average for companies of similar size in the Hong Kong market ($USD226.20K).
Compensation vs Earnings: Tak's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CTO | 3.6yrs | CN¥1.21m | 10.84% CN¥35.2m | |
| CEO, Compliance Officer & Executive Director | 3.6yrs | CN¥1.21m | 20.34% CN¥66.1m | |
| Chief Sales Officer & Executive Director | 4.3yrs | CN¥1.21m | 14.25% CN¥46.3m | |
| Financial Controller | 3.6yrs | no data | no data | |
| Head of Research & Development | 0yrs | no data | no data | |
| Financial Controller of Vixtel Technologies Limited | 2.7yrs | no data | no data | |
| Company Secretary | 2yrs | no data | no data |
3.6yrs
Average Tenure
44yo
Average Age
Experienced Management: 1782's management team is considered experienced (3.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman & CTO | 3.6yrs | CN¥1.21m | 10.84% CN¥35.2m | |
| CEO, Compliance Officer & Executive Director | 3.6yrs | CN¥1.21m | 20.34% CN¥66.1m | |
| Chief Sales Officer & Executive Director | 4.3yrs | CN¥1.21m | 14.25% CN¥46.3m | |
| Independent Non-Executive Director | 3.3yrs | CN¥157.00k | no data | |
| Non-Executive Director | 4.3yrs | CN¥110.00k | 6.1% CN¥19.8m | |
| Independent Non-Executive Director | 3.3yrs | CN¥110.00k | no data | |
| Independent Non-Executive Director | 3.3yrs | CN¥110.00k | no data |
3.6yrs
Average Tenure
45yo
Average Age
Experienced Board: 1782's board of directors are considered experienced (3.6 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 3.9%.
Top Shareholders
Company Information
Vixtel Technologies Holdings Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vixtel Technologies Holdings Limited
- Ticker: 1782
- Exchange: SEHK
- Founded: 2006
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: HK$325.120m
- Shares outstanding: 508.00m
- Website: https://www.vixtel.com
Number of Employees
Location
- Vixtel Technologies Holdings Limited
- Founder Building
- Block 2, 4th Floor
- Beijing
- 100085
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1782 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Dec 2016 |
Biography
Vixtel Technologies Holdings Limited, an investment holding company, provides application performance management (APM) solutions in the People’s Republic of China. The company offers integrated APM system solutions and software development services, and technical services; and sells embedded hardware and APM software. Its product portfolio includes APM Vista SaaS Platform, which provides network performance monitoring, CDN performance monitoring and diagnosis and evaluation, and mobility performance management services; NetVista, an intelligent IP network-oriented performance management and quality monitoring platform; and Trade QoS Monitoring, a precise analysis tool for transaction speed, delay, and algorithm for securities, futures, and other financial transaction systems. The company’s technical services provide operational support, system maintenance, network analysis and optimization of a chain of Internet applications, and research study of specific topics on application and network performance. Vixtel Technologies Holdings Limited was founded in 2006 and is headquartered in Beijing, the People’s Republic of China.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/21 13:20 |
| End of Day Share Price | 2020/02/20 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.