Executive Summary
Vobile Group Limited, an investment holding company, provides software as a service in the United States, Japan, Mainland China, Australia, and internationally.
Risk Analysis
Earnings have declined by -69.02% per year over past 5 years
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Flawless balance sheet with weak fundamentals.
Share Price & News
How has Vobile Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 3738's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-0.5%
3738
2.0%
HK Software
0.6%
HK Market
1 Year Return
-39.2%
3738
0.5%
HK Software
-1.5%
HK Market
Return vs Industry: 3738 underperformed the Hong Kong Software industry which returned 0.5% over the past year.
Return vs Market: 3738 underperformed the Hong Kong Market which returned -1.5% over the past year.
Shareholder returns
| 3738 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | 2.0% | 0.6% |
| 30 Day | -7.9% | -8.3% | -3.9% |
| 90 Day | -15.6% | -4.6% | -0.3% |
| 1 Year | -39.2%-39.2% | 0.8%0.5% | 2.0%-1.5% |
| 3 Year | n/a | 11.0%9.7% | 17.1%5.2% |
| 5 Year | n/a | 4.2%-1.6% | 17.0%-2.2% |
Price Volatility Vs. Market
How volatile is Vobile Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
The Vobile Group (HKG:3738) Share Price Is Down 38% So Some Shareholders Are Getting Worried1 month ago | Simply Wall St
The Chairman & CEO of Vobile Group Limited (HKG:3738), Yangbin Wang, Just Bought 1.7% More Shares1 month ago | Simply Wall St
We're Hopeful That Vobile Group (HKG:3738) Will Use Its Cash WiselyValuation
Is Vobile Group undervalued compared to its fair value and its price relative to the market?
2.76x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 3738's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 3738's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 3738 is unprofitable, so we can't compare its PE Ratio to the Software industry average.
PE vs Market: 3738 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 3738's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 3738 is overvalued based on its PB Ratio (2.8x) compared to the HK Software industry average (1.2x).
Next Steps
Future Growth
How is Vobile Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
50.8%
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 Vobile Group 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 Vobile Group'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.
- Vobile Group 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 Vobile Group performed over the past 5 years?
-69.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3738 is currently unprofitable.
Growing Profit Margin: 3738 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 3738 is unprofitable, and losses have increased over the past 5 years at a rate of -69% per year.
Accelerating Growth: Unable to compare 3738's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 3738 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (5%).
Return on Equity
High ROE: 3738 has a negative Return on Equity (-9.17%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Vobile Group's financial position?
Financial Position Analysis
Short Term Liabilities: 3738's short term assets ($23.6M) exceed its short term liabilities ($5.8M).
Long Term Liabilities: 3738's short term assets ($23.6M) exceed its long term liabilities ($495.0K).
Debt to Equity History and Analysis
Debt Level: 3738 is debt free.
Reducing Debt: 3738 had no debt 5 years ago.
Balance Sheet
Inventory Level: 3738 has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 3738's debt is covered by short term assets.
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 3738 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 3738 has sufficient cash runway for 1.149181 years if free cash flow continues to reduce at historical rates of -109.4% each year.
Next Steps
Dividend
What is Vobile Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 3738's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 3738'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 3738's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 3738'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 3738's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
Next Steps
Management
What is the CEO of Vobile Group's salary, the management and board of directors tenure and is there insider trading?
5.8yrs
Average management tenure
CEO
Bernard Wang (50yo)
14.9yrs
Tenure
US$485,000
Compensation
Mr. Yangbin Wang, also known as Bernard, has been Chairman of Board and Executive Director at Vobile Group Ltd since June 21, 2017 and July 28, 2016 respectively. Mr. Wang serves as Chief Executive Direct ...
CEO Compensation Analysis
Compensation vs Market: Bernard's total compensation ($USD485.00K) is above average for companies of similar size in the Hong Kong market ($USD213.05K).
Compensation vs Earnings: Bernard's compensation has increased whilst the company is unprofitable.
Management Age and Tenure
5.8yrs
Average Tenure
50yo
Average Age
Experienced Management: 3738's management team is seasoned and experienced (5.8 years average tenure).
Board Age and Tenure
2.3yrs
Average Tenure
55.5yo
Average Age
Experienced Board: 3738's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Insider Trading
Insider Buying: 3738 insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 3,980,000 |
| Max Price | US$2.21 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 1,500,000 |
| Max Price | US$2.21 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 2,000,000 |
| Max Price | US$2.47 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 1,100,000 |
| Max Price | US$2.35 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 3,000,000 |
| Max Price | US$2.40 |
| Entity | Company |
| Shares | 97,632 |
| Max Price | US$2.71 |
| Entity | Company |
| Shares | 22,000 |
| Max Price | US$2.65 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 2,000,000 |
| Max Price | US$2.80 |
| Entity | Individual |
| Role | Vice Chairman Vice Chairman |
| Shares | 300,000 |
| Max Price | US$2.97 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 2,000,000 |
| Max Price | US$2.86 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 5,000,000 |
| Max Price | US$2.89 |
| Entity | Individual |
| Role | Chief Executive Officer Chairman & CEO |
| Shares | 1,000,000 |
| Max Price | US$2.89 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 5,500,000 |
| Max Price | US$2.88 |
| Entity | Company |
| Shares | 300,000 |
| Max Price | US$2.94 |
| Entity | Company |
| Shares | 13,099 |
| Max Price | US$3.22 |
| Entity | Company |
| Shares | 3,478,901 |
| Max Price | US$3.22 |
| Entity | Company |
| Shares | 13,000,000 |
| Max Price | US$3.00 |
| Entity | Company |
| Shares | 585,000 |
| Max Price | US$3.88 |
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 12.4%.
Management Team
Tim Erwin (50yo)
Senior Vice President of Sales & Customer Relations
- Tenure: 4.8yrs
Bernard Wang (50yo)
Chairman & CEO
- Tenure: 14.9yrs
- Compensation: US$485.00k
Mike Witte (60yo)
Executive VP of Business Development & Sales and Executive Director
- Tenure: 2.5yrs
- Compensation: US$287.00k
Ben Smith (43yo)
Senior Vice President of Business Development
- Tenure: 5.8yrs
Vincent Ho (33yo)
Financial Controller & Company Secretary
- Tenure: 3.1yrs
Board Members
J. Wargo (66yo)
Non-Executive Director
- Tenure: 2.9yrs
- Compensation: US$15.00k
Vernon Altman (73yo)
Vice Chairman
- Tenure: 1.4yrs
- Compensation: US$15.00k
Jim Chiddix (73yo)
Independent Non-Executive Director
- Tenure: 2yrs
- Compensation: US$15.00k
Stephen Wong (51yo)
Non-Executive Director
- Tenure: 2.5yrs
- Compensation: US$25.00k
Bernard Wang (50yo)
Chairman & CEO
- Tenure: 14.9yrs
- Compensation: US$485.00k
Mike Witte (60yo)
Executive VP of Business Development & Sales and Executive Director
- Tenure: 2.5yrs
- Compensation: US$287.00k
Kevin Chan (39yo)
Independent Non-Executive Director
- Tenure: 2yrs
- Compensation: US$15.00k
Charles Eesley (39yo)
Independent Non-Executive Director
- Tenure: 2yrs
- Compensation: US$15.00k
Company Information
Vobile Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vobile Group Limited
- Ticker: 3738
- Exchange: SEHK
- Founded: 2005
- Industry: Application Software
- Sector: Software
- Market Cap: HK$913.472m
- Shares outstanding: 424.87m
- Website: https://www.vobilegroup.com
Number of Employees
Location
- Vobile Group Limited
- 2880 Lakeside Drive
- Suite 360
- Santa Clara
- California
- 95054
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 3738 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jan 2018 |
Biography
Vobile Group Limited, an investment holding company, provides software as a service in the United States, Japan, Mainland China, Australia, and internationally. The company offers online video content prot ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/07 13:01 |
| End of Day Share Price | 2019/12/06 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.