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 and overvalued.

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%

8119

1.0%

HK Software

0.8%

HK Market


1 Year Return

-35.7%

8119

24.6%

HK Software

0.5%

HK Market

Return vs Industry: 8119 underperformed the Hong Kong Software industry which returned 24.6% over the past year.

Return vs Market: 8119 underperformed the Hong Kong Market which returned 0.5% over the past year.


Shareholder returns

8119IndustryMarket
7 Day0%1.0%0.8%
30 Day-10.0%-0.05%-0.5%
90 Day-10.0%4.3%-5.6%
1 Year-35.7%-35.7%25.1%24.6%4.1%0.5%
3 Year-66.7%-66.7%12.8%11.5%15.5%3.9%
5 Year-46.0%-46.0%12.6%5.1%19.9%-0.2%

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 compared to its fair value and its price relative to the market?

1.15x

Price to Book (PB) ratio


Share Price vs. Fair Value

Undervalued: Insufficient data to calculate 8119's fair value to establish if it is undervalued.

Significantly Undervalued: Insufficient data to calculate 8119's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8119 is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: 8119 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

Low 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 (1.1x) compared to the HK Software industry average (1.2x).


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?

51.8%

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

Earnings Trend: 8119 is unprofitable, but has reduced losses over the past 5 years at a rate of 19% per year.

Accelerating Growth: Unable to compare 8119's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8119 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (3.6%).


Return on Equity

High ROE: 8119 has a negative Return on Equity (-12.48%), as it is currently unprofitable.


Return on Assets

ROA vs Industry: 8119 is currently unprofitable, so its Return on Assets is negative.


Return on Capital Employed

ROCE Improving: 8119 is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is Thiz Technology Group's financial position?


Financial Position Analysis

Short Term Liabilities: 8119's short term assets (HK$32.3M) exceeds its short term liabilities (HK$9.3M)

Long Term Liabilities: 8119's short term assets (32.3M) exceeds its long term liabilities (3.9M)


Debt to Equity History and Analysis

Debt Level: 8119's debt to equity ratio (0.7%) is considered satisfactory

Reducing Debt: 8119's debt to equity ratio has reduced from 198.2% to 0.7% over the past 5 years.


Balance Sheet

Inventory Level: 8119 has a high level of physical assets or inventory.

Debt Coverage by Assets: 8119's debt is covered by short term assets (assets are 66.479420x 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.

Stable Cash Runway: Insufficient data to determine if 8119 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 8119 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%6.3%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

Notable Dividend: Unable to evaluate 8119's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 8119's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

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

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

12.9yrs

Average board tenure


CEO

Albert Wong (64yo)

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

Compensation vs. Market: Albert's total compensation ($USD135.68K) is about average for companies of similar size in the Hong Kong market ($USD211.57K).

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


Board Age and Tenure

12.9yrs

Average Tenure

54yo

Average Age

Experienced Board: 8119's board of directors are seasoned and experienced ( 12.9 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Wanzi Huang (44yo)

    • Tenure: 0yrs
  • Albert Wong (64yo)

    Founder

    • Tenure: 0yrs
    • Compensation: HK$1.06m
  • Lam Wong

    Company Secretary & Financial Controller

    • Tenure: 0yrs
  • Hui Ling Yang (51yo)

    Executive Director

    • Tenure: 1yrs
    • Compensation: HK$24.00k
  • Li Chen (47yo)

    Chief Financial Officer

    • Tenure: 0.9yrs

Board Members

  • Albert Wong (64yo)

    Founder

    • Tenure: 0yrs
    • Compensation: HK$1.06m
  • Chiao Ru Wu (51yo)

    Non-Executive Director

    • Tenure: 14yrs
    • Compensation: HK$48.00k
  • Yi Chen Hsieh (54yo)

    Non-Executive Director

    • Tenure: 14yrs
    • Compensation: HK$48.00k
  • Meng Chi Chu (54yo)

    Independent Non-Executive Director

    • Tenure: 13.4yrs
    • Compensation: HK$48.00k
  • Mei Sze Chan (54yo)

    Independent Non-Executive Director

    • Tenure: 12.4yrs
    • Compensation: HK$48.00k
  • Hui Ling Yang (51yo)

    Executive Director

    • Tenure: 1yrs
    • Compensation: HK$24.00k
  • Ju Lin Hsieh (49yo)

    Non-Executive Director

    • Tenure: 1yrs
    • 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$75.803m
  • 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 Analysis2019/10/19 12:39
End of Day Share Price2019/10/18 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.