SEHK:46

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Computer And Technologies Holdings

Executive Summary

Computer And Technologies Holdings Limited, an investment holding company, provides information technology (IT) solutions for enterprises, multinational corporations, and government organizations primarily in Hong Kong and Mainland China.


Snowflake Analysis

Flawless balance sheet average dividend payer.

Share Price & News

How has Computer And Technologies Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 46's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-8.3%

46

5.8%

HK IT

4.1%

HK Market


1 Year Return

-37.0%

46

-9.3%

HK IT

-5.2%

HK Market

Return vs Industry: 46 underperformed the Hong Kong IT industry which returned -9.7% over the past year.

Return vs Market: 46 underperformed the Hong Kong Market which returned -6.5% over the past year.


Shareholder returns

46IndustryMarket
7 Day-8.3%5.8%4.1%
30 Day-9.5%8.5%3.5%
90 Day-28.8%-4.2%-5.3%
1 Year-32.9%-37.0%-7.6%-9.3%-2.0%-5.2%
3 Year-11.1%-27.2%-27.4%-30.8%-0.4%-10.6%
5 Year-20.2%-41.5%-15.7%-25.8%-9.0%-23.3%

Price Volatility Vs. Market

How volatile is Computer And Technologies Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Computer And Technologies Holdings undervalued compared to its fair value and its price relative to the market?

1.0%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 46 (HK$2.2) is trading below our estimate of fair value (HK$2.22)

Significantly Below Fair Value: 46 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 46 is good value based on its PE Ratio (9.7x) compared to the IT industry average (14.3x).

PE vs Market: 46 is poor value based on its PE Ratio (9.7x) compared to the Hong Kong market (9.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 46's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 46 is overvalued based on its PB Ratio (1.1x) compared to the HK IT industry average (0.9x).


Next Steps

Future Growth

How is Computer And Technologies Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.5%

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 Computer And Technologies 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

Past Performance

How has Computer And Technologies Holdings performed over the past 5 years?

7.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 46 has high quality earnings.

Growing Profit Margin: 46's current net profit margins (20.3%) are lower than last year (24.2%).


Past Earnings Growth Analysis

Earnings Trend: 46's earnings have grown by 7.9% per year over the past 5 years.

Accelerating Growth: 46's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 46 had negative earnings growth (-17.8%) over the past year, making it difficult to compare to the IT industry average (5.5%).


Return on Equity

High ROE: 46's Return on Equity (11.6%) is considered low.


Next Steps

Financial Health

How is Computer And Technologies Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 46's short term assets (HK$351.5M) exceed its short term liabilities (HK$136.3M).

Long Term Liabilities: 46's short term assets (HK$351.5M) exceed its long term liabilities (HK$16.3M).


Debt to Equity History and Analysis

Debt Level: 46 is debt free.

Reducing Debt: 46 has not had any debt for past 5 years.

Debt Coverage: 46 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 46 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Computer And Technologies Holdings's current dividend yield, its reliability and sustainability?

7.73%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 46's dividend (7.73%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.5%).

High Dividend: 46's dividend (7.73%) is in the top 25% of dividend payers in the Hong Kong market (7.2%)


Stability and Growth of Payments

Stable Dividend: 46's dividend payments have been volatile in the past 10 years.

Growing Dividend: 46's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: At its current payout ratio (75.1%), 46'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?

2.1yrs

Average management tenure


CEO

William Poon (53yo)

1.83yrs

Tenure

Mr. Ka Chi Poon, also known as William, is the Group's Deputy CEO of Computer And Technologies Holdings Limited since August 1, 2018. He joined the Group in 2018 and focuses on consolidating the Solutions  ...


Leadership Team

NamePositionTenureCompensationOwnership
Cheung Shing Ng
Founder & Chairmanno dataHK$4.10m1.89% HK$10.4m
Kwok Keung Ng
CFO, Company Secretary & Executive Director4.17yrsHK$2.48m0.21% HK$1.2m
King San Leung
Executive Directorno dataHK$378.00k0.42% HK$2.3m
Wai Lam Cheung
Executive Director6.5yrsHK$2.87m0.40% HK$2.2m
Ka Chun Kwok
Chief Technology Officer2.42yrsno datano data
Sai Cheong Yeung
Senior VP of Corporate Development & Application Software Business Unitno datano datano data
Ka Chi Poon
Group’s Deputy Chief Executive Officer1.83yrsno datano data

2.1yrs

Average Tenure

53yo

Average Age

Experienced Management: 46's management team is considered experienced (2.1 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Cheung Shing Ng
Founder & Chairmanno dataHK$4.10m1.89% HK$10.4m
Kwok Keung Ng
CFO, Company Secretary & Executive Director4.17yrsHK$2.48m0.21% HK$1.2m
King San Leung
Executive Directorno dataHK$378.00k0.42% HK$2.3m
Wai Lam Cheung
Executive Director6.5yrsHK$2.87m0.40% HK$2.2m
Leung Huel Ting
Independent Non-Executive Director15.83yrsHK$300.00kno data
Kwok On Lee
Independent Non-Executive Director22.42yrsHK$240.00kno data
Shu Tong Ha
Independent Non-Executive Director22.42yrsHK$240.00kno data

15.8yrs

Average Tenure

58yo

Average Age

Experienced Board: 46's board of directors are seasoned and experienced ( 15.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Computer And Technologies Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Computer And Technologies Holdings Limited
  • Ticker: 46
  • Exchange: SEHK
  • Founded: 1991
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: HK$551.284m
  • Shares outstanding: 247.21m
  • Website: https://www.ctil.com

Number of Employees


Location

  • Computer And Technologies Holdings Limited
  • Cyberport 2
  • Level 10
  • Hong Kong
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
46SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 1998
CVBDB (Deutsche Boerse AG)YesOrdinary SharesDEEURMay 1998

Biography

Computer And Technologies Holdings Limited, an investment holding company, provides information technology (IT) solutions for enterprises, multinational corporations, and government organizations primarily in Hong Kong and Mainland China. It operates in three segments: Application Services, Solutions and Integration Services, and Investments. The Application Services segment primarily provides enterprise applications software and e-business services for enterprises, including the provision of enterprise application software with implementation and ongoing support services; and government electronic trading services, cloud services, and other related services. The Solutions and Integration Services segment offers IT solutions implementation and application software development; provision of IT and related operation/infrastructure outsourcing services; business process outsourcing services; and IT systems and network infrastructure with related design, implementation, and ongoing support services. The Investments segment engages in various types of investing activities, such property investment for rental and treasury investment in securities. The company also provides computer support and programming services; and human resources management services, as well as sale of computer networks and system platforms, trading of computer software licenses, provision of training, and implementation and maintenance of software services. Computer And Technologies Holdings Limited was founded in 1991 and is headquartered in Hong Kong, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/03 12:37
End of Day Share Price2020/06/03 00:00
Earnings2019/12/31
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.