SEHK:8119

Stock Analysis Report

Thiz Technology Group

Executive Summary

Thiz Technology Group Limited, an investment holding company, develops and promotes Linux operating systems and office software in the People's Republic of China.

Snowflake

Fundamentals

Adequate balance sheet with weak fundamentals.

Risks

  • Thiz Technology Group is not covered by any analysts.

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


Market Performance


7 Day Return

0%

SEHK:8119

-2.9%

HK Software

2.2%

HK Market


1 Year Return

-41.1%

SEHK:8119

-15.6%

HK Software

-11.1%

HK Market

8119 underperformed the Software industry which returned -15.6% over the past year.

8119 underperformed the Market in Hong Kong which returned -11.1% over the past year.


Share holder returns

8119IndustryMarket
7 Day0%-2.9%2.2%
30 Day-11.7%-7.4%-7.3%
90 Day-14.5%-12.9%-4.8%
1 Year-41.1%-41.1%-15.2%-15.6%-7.9%-11.1%
3 Year-65.1%-65.1%6.8%5.4%15.5%4.1%
5 Year-50.9%-50.9%-7.5%-14.8%10.0%-8.2%

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 based on future cash flows and its price relative to the stock market?

1.13x

Price to Book (PB) ratio


Intrinsic Value Based on Future Cash Flows

Unable to calculate intrinsic value for Thiz Technology Group to establish if it is available at moderate discount.

Unable to calculate intrinsic value for Thiz Technology Group to establish if it is available at substantial discount.


Price Based on Earnings

Thiz Technology Group is loss making, we can't compare its value to the HK Software industry average.

Thiz Technology Group is loss making, we can't compare the value of its earnings to the Hong Kong market.


Price Based on Expected Growth

Unable to calculate PEG ratio for Thiz Technology Group, we can't assess if its growth is good value.


Price Based on Value of Assets

Thiz Technology Group is overvalued based on assets compared to the HK Software industry average.


Next Steps

Future Growth

How is Thiz Technology Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

50.1%

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?

19.0%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Thiz Technology Group does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.

Unable to compare Thiz Technology Group's 1-year earnings growth to the 5-year average as it is not currently profitable.

Unable to compare Thiz Technology Group's 1-year growth to the HK Software industry average as it is not currently profitable.


Return on Equity

It is difficult to establish if Thiz Technology Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.


Return on Assets

It is difficult to establish if Thiz Technology Group has efficiently used its assets last year compared to the HK Software industry average (Return on Assets) as it is loss-making.


Return on Capital Employed

It is difficult to establish if Thiz Technology Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.


Next Steps

Financial Health

How is Thiz Technology Group's financial position?


Financial Position Analysis

Thiz Technology Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.

Thiz Technology Group's cash and other short term assets cover its long term commitments.


Debt to Equity History and Analysis

Thiz Technology Group's level of debt (0.7%) compared to net worth is satisfactory (less than 40%).

The level of debt compared to net worth has been reduced over the past 5 years (198.2% vs 0.7% today).


Balance Sheet

High level of physical assets or inventory.

Debt is covered by short term assets, assets are 66.5x debt.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Information is not available.

Unable to confirm if Thiz Technology Group has at least 1 year of cash runway based on growing free cash flows without relevant data.


Next Steps

Dividend

What is Thiz Technology Group's current dividend yield, its reliability and sustainability?


Dividend Yield and Payments Analysis

Unable to evaluate Thiz Technology Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.

Unable to evaluate Thiz Technology Group's dividend against the top 25% market benchmark as the company has not reported any payouts.

Unable to perform a dividend volatility check as Thiz Technology Group has not reported any payouts.

Unable to verify if Thiz Technology Group's dividend has been increasing as the company has not reported any payouts.


Current Payout to Shareholders

Unable to calculate sustainability of dividends as Thiz Technology Group has not reported any payouts.


Future Payout to Shareholders

Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.


Next Steps

Management

What is the CEO of Thiz Technology Group's salary, the management and board of directors tenure and is there insider trading?

12.8yrs

Average board tenure


CEO

Albert Wong (64yo)

0.0yrs

Tenure

HK$1,064,000

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

Albert's remuneration is lower than average for companies of similar size in Hong Kong.

Albert's compensation has increased whilst company is loss making.


Board Age and Tenure

12.8yrs

Average Tenure

54yo

Average Age

The average tenure for the Thiz Technology Group board of directors is over 10 years, this suggests they are a seasoned and experienced board.


Insider Trading

No 3 month open market individual insider trading information.


Ownership Breakdown


Management Team

  • Wanzi Huang (44yo)

    • Tenure: 0.0yrs
  • Albert Wong (64yo)

    Founder

    • Tenure: 0.0yrs
    • Compensation: HK$1.06m
  • Lam Wong

    Company Secretary & Financial Controller

    • Tenure: 0.0yrs
  • Hui Ling Yang (51yo)

    Executive Director

    • Tenure: 0.8yrs
    • Compensation: HK$24.00k
  • Li Chen (47yo)

    Chief Financial Officer

    • Tenure: 0.8yrs

Board Members

  • Albert Wong (64yo)

    Founder

    • Tenure: 0.0yrs
    • Compensation: HK$1.06m
  • Chiao Ru Wu (51yo)

    Non-Executive Director

    • Tenure: 13.8yrs
    • Compensation: HK$48.00k
  • Yi Chen Hsieh (54yo)

    Non-Executive Director

    • Tenure: 13.8yrs
    • Compensation: HK$48.00k
  • Meng Chi Chu (54yo)

    Independent Non-Executive Director

    • Tenure: 13.3yrs
    • Compensation: HK$48.00k
  • Mei Sze Chan (54yo)

    Independent Non-Executive Director

    • Tenure: 12.3yrs
    • Compensation: HK$48.00k
  • Hui Ling Yang (51yo)

    Executive Director

    • Tenure: 0.8yrs
    • Compensation: HK$24.00k
  • Ju Lin Hsieh (49yo)

    Non-Executive Director

    • Tenure: 0.8yrs
    • Compensation: HK$24.00k

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: 1998
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: HK$74.399m
  • 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 and promotes Linux operating systems and office software in the People's Republic of China. The company operates in three segments: Tr ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/23 12:45
End of Day Share Price2019/08/22 00:00
Earnings2019/06/30
Annual Earnings2019/03/31


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.