SEHK:8119

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Thiz Technology Group

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


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

8119IndustryMarket
7 Day0%4.1%2.2%
30 Day0%17.8%8.4%
90 Day0%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

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

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

NamePositionTenureCompensationOwnership
Hoi Wong Wong
Founderno dataHK$1.05m0.54%
HK$ 188.6k
Hui Ling Yang
Executive Director2.25yrsHK$48.00kno data
Meng Chi Chu
Independent Non-Executive Director14.67yrsHK$48.00kno data
Mei Sze Chan
Independent Non-Executive Director13.67yrsHK$48.00kno data
Yun Jung Chen
Independent Non-Executive Director1.25yrsHK$21.00kno 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8119SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJul 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/17 10:02
End of Day Share Price2021/01/15 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


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.