Executive Summary
Thiz Technology Group Limited, an investment holding company, develops fintech and Linux-based systems software in the People's Republic of China. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet and undervalued.
Share Price & News
How has Thiz Technology Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8119 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 0% a week.
Volatility Over Time: 8119's weekly volatility has decreased from 27% to 0% over the past year.
Market Performance
7 Day Return
0%
8119
4.1%
HK Software
2.2%
HK Market
1 Year Return
-51.0%
8119
167.4%
HK Software
7.2%
HK Market
Return vs Industry: 8119 underperformed the Hong Kong Software industry which returned 167.4% over the past year.
Return vs Market: 8119 underperformed the Hong Kong Market which returned 7.2% over the past year.
Shareholder returns
| 8119 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 4.1% | 2.2% |
| 30 Day | 0% | 17.8% | 8.4% |
| 90 Day | 0% | 43.7% | 15.6% |
| 1 Year | -51.0%-51.0% | 168.6%167.4% | 11.4%7.2% |
| 3 Year | -83.6%-83.6% | 224.9%221.3% | -3.4%-13.5% |
| 5 Year | -84.0%-84.0% | 366.2%355.5% | 65.4%37.4% |
Long-Term Price Volatility Vs. Market
How volatile is Thiz Technology Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall St
How Is Thiz Technology Group's (HKG:8119) CEO Compensated?3 months ago | Simply Wall St
How Much Is Thiz Technology Group Limited (HKG:8119) CEO Getting Paid?7 months ago | Simply Wall St
What Kind Of Shareholder Appears On The Thiz Technology Group Limited's (HKG:8119) Shareholder Register?Valuation
Is Thiz Technology Group 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: 8119 (HK$0.13) is trading below our estimate of fair value (HK$1.95)
Significantly Below Fair Value: 8119 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8119 is good value based on its PE Ratio (4.5x) compared to the HK Software industry average (22.2x).
PE vs Market: 8119 is good value based on its PE Ratio (4.5x) compared to the Hong Kong market (11.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8119's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8119 is good value based on its PB Ratio (0.4x) compared to the HK Software industry average (0.9x).
Next Steps
Future Growth
How is Thiz Technology Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
30.1%
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 Thiz Technology 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 whether Thiz Technology Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Thiz Technology 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 Thiz Technology Group performed over the past 5 years?
29.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8119 has a large one-off loss of HK$2.7M impacting its September 30 2020 financial results.
Growing Profit Margin: 8119 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 8119 has become profitable over the past 5 years, growing earnings by 29.4% per year.
Accelerating Growth: 8119 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 8119 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Software industry (-7.4%).
Return on Equity
High ROE: 8119's Return on Equity (9.7%) is considered low.
Next Steps
Financial Health
How is Thiz Technology Group's financial position?
Financial Position Analysis
Short Term Liabilities: 8119's short term assets (HK$36.8M) exceed its short term liabilities (HK$11.8M).
Long Term Liabilities: 8119's short term assets (HK$36.8M) exceed its long term liabilities (HK$23.4M).
Debt to Equity History and Analysis
Debt Level: 8119's debt to equity ratio (0.6%) is considered satisfactory.
Reducing Debt: 8119's debt to equity ratio has reduced from 112.9% to 0.6% over the past 5 years.
Debt Coverage: 8119's debt is well covered by operating cash flow (1594.9%).
Interest Coverage: 8119's interest payments on its debt are well covered by EBIT (9.3x coverage).
Balance Sheet
Next Steps
Dividend
What is Thiz Technology Group current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 8119's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 8119'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 8119's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8119'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 8119'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?
13.7yrs
Average board tenure
CEO
Albert Wong (65 yo)
no data
Tenure
HK$1,048,000
Compensation
Mr. Hoi Wong Wong, also known as Albert, is the Founder of Thiz Technology Group Limited and serves as its Chief Executive Officer. He is Chief Compliance Officer of Thiz Technology Group Limited since Sep...
CEO Compensation Analysis
Compensation vs Market: Albert's total compensation ($USD135.16K) is below average for companies of similar size in the Hong Kong market ($USD229.46K).
Compensation vs Earnings: Albert's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | HK$1.05m | 0.54% HK$ 188.6k | |
| Executive Director | 2.25yrs | HK$48.00k | no data | |
| Independent Non-Executive Director | 14.67yrs | HK$48.00k | no data | |
| Independent Non-Executive Director | 13.67yrs | HK$48.00k | no data | |
| Independent Non-Executive Director | 1.25yrs | HK$21.00k | no data |
13.7yrs
Average Tenure
55yo
Average Age
Experienced Board: 8119's board of directors are seasoned and experienced ( 13.7 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
Thiz Technology Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Thiz Technology Group Limited
- Ticker: 8119
- Exchange: SEHK
- Founded: 2000
- Industry: Systems Software
- Sector: Software
- Market Cap: HK$35.094m
- Shares outstanding: 280.75m
- Website: https://www.thizgroup.com
Number of Employees
Location
- Thiz Technology Group Limited
- Tower B, Hunghom Commercial Centre
- 8th Floor
- To Kwa Wan
- Kowloon
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 8119 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jul 2001 |
Biography
Thiz Technology Group Limited, an investment holding company, develops fintech and Linux-based systems software in the People's Republic of China. The company operates in three segments: Trading Business, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/17 10:02 |
| End of Day Share Price | 2021/01/15 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
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.