TravelSky Technology Limited, together with its subsidiaries, provides information technology solutions for aviation and travel industry in the People’s Republic of China.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$14.54|
|52 Week High||HK$12.24|
|52 Week Low||HK$21.35|
|1 Month Change||2.68%|
|3 Month Change||-14.87%|
|1 Year Change||-9.58%|
|3 Year Change||-28.55%|
|5 Year Change||-22.50%|
|Change since IPO||813.51%|
Recent News & Updates
|696||HK IT||HK Market|
Return vs Industry: 696 underperformed the Hong Kong IT industry which returned 11.2% over the past year.
Return vs Market: 696 underperformed the Hong Kong Market which returned 9.1% over the past year.
Stable Share Price: 696 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 696's weekly volatility (6%) has been stable over the past year.
About the Company
TravelSky Technology Limited, together with its subsidiaries, provides information technology solutions for aviation and travel industry in the People’s Republic of China. It primarily offers aviation information technology (AIT), distribution information technology, accounting, settlement, and clearing services. The company’s AIT services consist of electronic travel distribution services, including inventory control system, computer reservation system, and airport passenger processing system services, as well as other related information technology solutions.
TravelSky Technology Fundamentals Summary
|696 fundamental statistics|
Is 696 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|696 income statement (TTM)|
|Cost of Revenue||CN¥3.22b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.33|
|Net Profit Margin||15.92%|
How did 696 perform over the long term?See historical performance and comparison
0.1%Current Dividend Yield
Is TravelSky Technology undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 696 (HK$14.54) is trading above our estimate of fair value (HK$11.14)
Significantly Below Fair Value: 696 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 696 is poor value based on its PE Ratio (36.8x) compared to the Hong Kong IT industry average (11.7x).
PE vs Market: 696 is poor value based on its PE Ratio (36.8x) compared to the Hong Kong market (9.6x).
Price to Earnings Growth Ratio
PEG Ratio: 696 is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: 696 is overvalued based on its PB Ratio (1.9x) compared to the HK IT industry average (1.3x).
How is TravelSky Technology forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 696's forecast earnings growth (47.4% per year) is above the savings rate (1.5%).
Earnings vs Market: 696's earnings (47.4% per year) are forecast to grow faster than the Hong Kong market (17.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 696's revenue (13.8% per year) is forecast to grow faster than the Hong Kong market (12.3% per year).
High Growth Revenue: 696's revenue (13.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 696's Return on Equity is forecast to be low in 3 years time (11.9%).
How has TravelSky Technology performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 696 has high quality earnings.
Growing Profit Margin: 696's current net profit margins (15.9%) are higher than last year (11.9%).
Past Earnings Growth Analysis
Earnings Trend: 696's earnings have declined by 17.9% per year over the past 5 years.
Accelerating Growth: 696's earnings growth over the past year (23.3%) exceeds its 5-year average (-17.9% per year).
Earnings vs Industry: 696 earnings growth over the past year (23.3%) exceeded the IT industry 18.9%.
Return on Equity
High ROE: 696's Return on Equity (5.3%) is considered low.
How is TravelSky Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 696's short term assets (CN¥14.6B) exceed its short term liabilities (CN¥4.6B).
Long Term Liabilities: 696's short term assets (CN¥14.6B) exceed its long term liabilities (CN¥118.0M).
Debt to Equity History and Analysis
Debt Level: 696 is debt free.
Reducing Debt: 696 has no debt compared to 5 years ago when its debt to equity ratio was 2.1%.
Debt Coverage: 696 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 696 has no debt, therefore coverage of interest payments is not a concern.
What is TravelSky Technology current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 696's dividend (0.13%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 696's dividend (0.13%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.84%).
Stability and Growth of Payments
Stable Dividend: 696 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.
Growing Dividend: 696 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 696 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 696's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Yinhong Xiao (58 yo)
Mr. Xiao Yinhong has been General Manager of TravelSky Technology Limited since August 29, 2008 and serves as its Chief Executive Officer. Mr. Xiao has nearly 20 years of management and technical support e...
CEO Compensation Analysis
Compensation vs Market: Yinhong's total compensation ($USD117.14K) is below average for companies of similar size in the Hong Kong market ($USD619.94K).
Compensation vs Earnings: Yinhong's compensation has been consistent with company performance over the past year.
Experienced Management: 696's management team is seasoned and experienced (8.2 years average tenure).
Experienced Board: 696's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TravelSky Technology Limited's employee growth, exchange listings and data sources
- Name: TravelSky Technology Limited
- Ticker: 696
- Exchange: SEHK
- Founded: 2000
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: HK$42.547b
- Shares outstanding: 2.93b
- Website: https://www.travelskyir.com
Number of Employees
- TravelSky Technology Limited
- TravelSky High-Tech Industrial Park
- Houshayu Town
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/27 15:34|
|End of Day Share Price||2021/09/27 00:00|
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.