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771

Automated Systems HoldingsSEHK:771 Stock Report

Market Cap

HK$1.0b

7D

-1.6%

1Y

-3.8%

Updated

15 Oct, 2021

Data

Company Financials
771 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends1/6

771 Overview

Automated Systems Holdings Limited, an investment holding company, provides information technology (IT) services to corporate customers.

Price History & Performance

Summary of all time highs, changes and price drops for Automated Systems Holdings
Historical stock prices
Current Share PriceHK$1.25
52 Week HighHK$1.07
52 Week LowHK$2.30
Beta0.12
1 Month Change-19.87%
3 Month Change-24.24%
1 Year Change-3.85%
3 Year Change38.89%
5 Year Change27.91%
Change since IPO76.21%

Recent News & Updates

Sep 06
Estimating The Intrinsic Value Of Automated Systems Holdings Limited (HKG:771)

Estimating The Intrinsic Value Of Automated Systems Holdings Limited (HKG:771)

In this article we are going to estimate the intrinsic value of Automated Systems Holdings Limited ( HKG:771 ) by...

Shareholder Returns

771HK ITHK Market
7D-1.6%1.2%-0.3%
1Y-3.8%3.2%5.0%

Return vs Industry: 771 underperformed the Hong Kong IT industry which returned 3.2% over the past year.

Return vs Market: 771 underperformed the Hong Kong Market which returned 5% over the past year.

Price Volatility

Is 771's price volatile compared to industry and market?
771 volatility
771 Beta0.12
Industry Beta0.91
Market Beta1

Stable Share Price: 771 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: 771's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19731,094Wang Yueou Leonhttps://www1.asl.com.hk

Automated Systems Holdings Limited, an investment holding company, provides information technology (IT) services to corporate customers. It operates in two divisions, IT Products and IT Services. The company sells computer products and solutions.

Automated Systems Holdings Fundamentals Summary

How do Automated Systems Holdings's earnings and revenue compare to its market cap?
771 fundamental statistics
Market CapHK$1.04b
Earnings (TTM)-HK$57.78m
Revenue (TTM)HK$2.06b

0.5x

P/S Ratio

-18.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
771 income statement (TTM)
RevenueHK$2.06b
Cost of RevenueHK$1.79b
Gross ProfitHK$270.56m
ExpensesHK$328.35m
Earnings-HK$57.78m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.069
Gross Margin13.12%
Net Profit Margin-2.80%
Debt/Equity Ratio5.9%

How did 771 perform over the long term?

See historical performance and comparison

Dividends

2.4%

Current Dividend Yield

-43%

Payout Ratio

Valuation

Is Automated Systems Holdings undervalued compared to its fair value and its price relative to the market?

0.5x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 771 (HK$1.25) is trading above our estimate of fair value (HK$1.01)

Significantly Below Fair Value: 771 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 771 is unprofitable, so we can't compare its PE Ratio to the Hong Kong IT industry average.

PE vs Market: 771 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 771's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 771 is good value based on its PB Ratio (0.5x) compared to the HK IT industry average (1.3x).


Future Growth

How is Automated Systems Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

30.5%

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 Automated Systems 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.


Past Performance

How has Automated Systems Holdings performed over the past 5 years?

-20.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 771 is currently unprofitable.

Growing Profit Margin: 771 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 771 is unprofitable, and losses have increased over the past 5 years at a rate of 20.1% per year.

Accelerating Growth: Unable to compare 771's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 771 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (18.9%).


Return on Equity

High ROE: 771 has a negative Return on Equity (-2.78%), as it is currently unprofitable.


Financial Health

How is Automated Systems Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 771's short term assets (HK$1.4B) exceed its short term liabilities (HK$763.3M).

Long Term Liabilities: 771's short term assets (HK$1.4B) exceed its long term liabilities (HK$172.3M).


Debt to Equity History and Analysis

Debt Level: 771's debt to equity ratio (5.9%) is considered satisfactory.

Reducing Debt: 771's debt to equity ratio has increased from 2.8% to 5.9% over the past 5 years.

Debt Coverage: 771's debt is well covered by operating cash flow (94.2%).

Interest Coverage: 771's interest payments on its debt are well covered by EBIT (31.1x coverage).


Balance Sheet


Dividend

What is Automated Systems Holdings's current dividend yield, its reliability and sustainability?

2.40%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 771's dividend (2.4%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.29%).

High Dividend: 771's dividend (2.4%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.81%).


Stability and Growth of Payments

Stable Dividend: 771's dividend payments have been volatile in the past 10 years.

Growing Dividend: 771's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: 771 is paying a dividend but the company is unprofitable.


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?

6.1yrs

Average board tenure


CEO

Wang Yueou Leon (46 yo)

5.08yrs

Tenure

HK$56,269,000

Compensation

Mr. Wang Yueou Leon has been the Chief Executive Officer of Automated Systems Holdings Limited since September 1, 2016. Mr. Leon served as Chief Financial Officer of Automated Systems Holdings Limited from...


CEO Compensation Analysis

Compensation vs Market: Wang Yueou's total compensation ($USD7.23M) is above average for companies of similar size in the Hong Kong market ($USD230.70K).

Compensation vs Earnings: Wang Yueou's compensation has increased whilst the company is unprofitable.


Board Members

Experienced Board: 771's board of directors are considered experienced (6.1 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

Automated Systems Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Automated Systems Holdings Limited
  • Ticker: 771
  • Exchange: SEHK
  • Founded: 1973
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: HK$1.042b
  • Shares outstanding: 833.36m
  • Website: https://www1.asl.com.hk

Number of Employees


Location

  • Automated Systems Holdings Limited
  • Topsail Plaza
  • 15th Floor
  • Sha Tin
  • New Territories
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/15 15:39
End of Day Share Price2021/10/15 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.