SEHK:250

Stock Analysis Report

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Executive Summary

Sino-i Technology Limited, an investment holding company, provides enterprise cloud services to small and medium enterprises in the People's Republic of China. More Details

Rewards

Trading at 87.1% below our estimate of its fair value

Became profitable this year

Risk Analysis

No risks detected for 250 from our risk checks.


Snowflake Analysis

Undervalued with excellent balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 250 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 250's weekly volatility (9%) has been stable over the past year.


Market Performance


7 Day Return

-2.4%

250

7.5%

HK IT

5.7%

HK Market


1 Year Return

-19.6%

250

23.0%

HK IT

14.3%

HK Market

Return vs Industry: 250 underperformed the Hong Kong IT industry which returned 23% over the past year.

Return vs Market: 250 underperformed the Hong Kong Market which returned 14.3% over the past year.


Shareholder returns

250IndustryMarket
7 Day-2.4%7.5%5.7%
30 Day5.1%9.2%13.6%
90 Day0%17.7%19.6%
1 Year-19.6%-19.6%25.4%23.0%18.9%14.3%
3 Year-22.4%-50.6%-8.0%-12.7%-2.9%-13.1%
5 Year-38.6%-61.0%48.9%32.8%70.9%42.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Sino-i Technology 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: 250 (HK$0.04) is trading below our estimate of fair value (HK$0.32)

Significantly Below Fair Value: 250 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 250 is good value based on its PE Ratio (10.9x) compared to the HK IT industry average (13.3x).

PE vs Market: 250 is good value based on its PE Ratio (10.9x) compared to the Hong Kong market (11.9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 250's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 250 is good value based on its PB Ratio (0.6x) compared to the HK IT industry average (1.1x).


Next Steps

Future Growth

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

36.1%

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 Sino-i Technology 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 Sino-i Technology performed over the past 5 years?

25.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 250 has high quality earnings.

Growing Profit Margin: 250 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 250 has become profitable over the past 5 years, growing earnings by 25.1% per year.

Accelerating Growth: 250 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 250 has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (-7.6%).


Return on Equity

High ROE: 250's Return on Equity (5.1%) is considered low.


Next Steps

Financial Health

How is Sino-i Technology's financial position?


Financial Position Analysis

Short Term Liabilities: 250's short term assets (HK$1.9B) exceed its short term liabilities (HK$657.8M).

Long Term Liabilities: 250's short term assets (HK$1.9B) exceed its long term liabilities (HK$53.5M).


Debt to Equity History and Analysis

Debt Level: 250's debt to equity ratio (3%) is considered satisfactory.

Reducing Debt: 250's debt to equity ratio has reduced from 17.4% to 3% over the past 5 years.

Debt Coverage: 250's debt is well covered by operating cash flow (325.4%).

Interest Coverage: Insufficient data to determine if 250's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is Sino-i Technology current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 250's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 250'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 250's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 250's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 250'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?

4.4yrs

Average board tenure


CEO

Ming Fei Chen (44 yo)

3yrs

Tenure

HK$2,378,000

Compensation

Mr. Ming Fei Chen has been CEO of Sino-i Technology Limited since January 2, 2018. He serves as the General Manager of Beijing Xinnet Cyber Information Company Limited. Mr. Chen has been General Manager of...


CEO Compensation Analysis

Compensation vs Market: Ming Fei's total compensation ($USD306.78K) is above average for companies of similar size in the Hong Kong market ($USD230.00K).

Compensation vs Earnings: Ming Fei's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Rong Liu
Chairlady of the Board3yrsno datano data
Ming Fei Chen
CEO & Executive Director3yrsHK$2.38m8.15%
HK$ 72.6m
Pun Hoi Yu
Executive Director24yrsHK$126.00kno data
Bing Kwan Lam
Non-Executive Director29.25yrsHK$60.00kno data
Wing Lap Fung
Independent Non-Executive Director16.33yrsHK$120.00k0.000050%
HK$ 445.3
Chih-Hung Cheng
Non-Executive Director1.67yrsHK$35.00kno data
Sui Ning Xiao
Independent Non-Executive Director4.75yrsHK$135.00kno data
Yeung Ho
Independent Non-Executive Director1.67yrsHK$70.00kno data

4.4yrs

Average Tenure

63yo

Average Age

Experienced Board: 250'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

Sino-i Technology Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sino-i Technology Limited
  • Ticker: 250
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Internet Services and Infrastructure
  • Sector: Software
  • Market Cap: HK$890.541m
  • Shares outstanding: 21.72b
  • Website: https://www.sino-i.com

Number of Employees


Location

  • Sino-i Technology Limited
  • The Octagon
  • 12th Floor
  • Tsuen Wan
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SNOI.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
250SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992
IO5ADB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 1992

Biography

Sino-i Technology Limited, an investment holding company, provides enterprise cloud services to small and medium enterprises in the People's Republic of China. The company also offers software as a service...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/21 10:13
End of Day Share Price2021/01/21 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.