SEHK:818

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Hi Sun Technology (China)

Executive Summary

Hi Sun Technology (China) Limited, an investment holding company, provides payment processing, financial, and platform operation solutions in the People's Republic of China. More Details


Snowflake Analysis

Flawless balance sheet and good value.

Share Price & News

How has Hi Sun Technology (China)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 818's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.2%

818

-3.5%

HK IT

-0.3%

HK Market


1 Year Return

-29.5%

818

8.8%

HK IT

0.7%

HK Market

Return vs Industry: 818 underperformed the Hong Kong IT industry which returned 7.5% over the past year.

Return vs Market: 818 underperformed the Hong Kong Market which returned 0.9% over the past year.


Shareholder returns

818IndustryMarket
7 Day-3.2%-3.5%-0.3%
30 Day7.1%-0.6%0.2%
90 Day-5.2%12.8%0.3%
1 Year-29.5%-29.5%11.1%8.8%4.9%0.7%
3 Year-49.4%-49.4%-10.0%-14.5%-5.8%-16.1%
5 Year-40.9%-40.9%14.1%1.8%14.0%-5.4%

Price Volatility Vs. Market

How volatile is Hi Sun Technology (China)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Hi Sun Technology (China) undervalued compared to its fair value and its price relative to the market?

6.35x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 818 (HK$0.91) is trading above our estimate of fair value (HK$0.19)

Significantly Below Fair Value: 818 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 818 is good value based on its PE Ratio (6.3x) compared to the HK IT industry average (11.5x).

PE vs Market: 818 is good value based on its PE Ratio (6.3x) compared to the Hong Kong market (11.2x).


Price to Earnings Growth Ratio

PEG Ratio: 818 is good value based on its PEG Ratio (0.2x)


Price to Book Ratio

PB vs Industry: 818 is good value based on its PB Ratio (0.5x) compared to the HK IT industry average (1.1x).


Next Steps

Future Growth

How is Hi Sun Technology (China) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

32.6%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 818's forecast earnings growth (32.6% per year) is above the savings rate (1.6%).

Earnings vs Market: 818's earnings (32.6% per year) are forecast to grow faster than the Hong Kong market (22.3% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: Insufficient data to determine if 818's revenue is forecast to grow faster than the Hong Kong market.

High Growth Revenue: Insufficient data to determine if 818's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 818's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Hi Sun Technology (China) performed over the past 5 years?

10.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 818 has high quality earnings.

Growing Profit Margin: 818's current net profit margins (8.7%) are lower than last year (9.4%).


Past Earnings Growth Analysis

Earnings Trend: 818's earnings have grown by 10.7% per year over the past 5 years.

Accelerating Growth: 818's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 818 had negative earnings growth (-26.3%) over the past year, making it difficult to compare to the IT industry average (-18.3%).


Return on Equity

High ROE: 818's Return on Equity (9.1%) is considered low.


Next Steps

Financial Health

How is Hi Sun Technology (China)'s financial position?


Financial Position Analysis

Short Term Liabilities: 818's short term assets (HK$5.5B) exceed its short term liabilities (HK$2.2B).

Long Term Liabilities: 818's short term assets (HK$5.5B) exceed its long term liabilities (HK$823.4M).


Debt to Equity History and Analysis

Debt Level: 818 is debt free.

Reducing Debt: 818 had no debt 5 years ago.

Debt Coverage: 818 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 818 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Hi Sun Technology (China) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 818's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 818'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 818's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 818'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 818'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?

18.3yrs

Average board tenure


CEO

Man Chun Kui (54 yo)

no data

Tenure

HK$8,678,000

Compensation

Mr. Man Chun Kui serves as the Chairman and Chief Executive Officer of Hi Sun Limited (“HSL”), a controlling shareholder of Hi Sun Technology (China) Ltd. (also called as Hi Sun Group Limited.) Mr. Kui has ...


CEO Compensation Analysis

Compensation vs Market: Man Chun's total compensation ($USD1.12M) is above average for companies of similar size in the Hong Kong market ($USD346.00K).

Compensation vs Earnings: Man Chun's compensation has been consistent with company performance over the past year.


Board Members

NamePositionTenureCompensationOwnership
Yuk Fung Cheung
Executive Chairman18.92yrsHK$2.35mno data
Man Chun Kui
CEO & Executive Directorno dataHK$8.68m23.25%
HK$ 619.9m
Wensheng Xu
Executive Director17.67yrsHK$13.12m0.16%
HK$ 4.4m
Wenjin Li
Executive Director19.33yrsHK$8.09m0.23%
HK$ 6.1m
Changjun Xu
Executive Director19.25yrsHK$11.76m0.60%
HK$ 15.9m
Wai Man Leung
Independent Non-Executive Director15.42yrsHK$408.00kno data
Chun Fai Tam
Independent Non-Executive Director16.75yrsHK$408.00kno data
Kai-Tzung Chang
Independent Non-Executive Director10.92yrsHK$408.00kno data

18.3yrs

Average Tenure

57yo

Average Age

Experienced Board: 818's board of directors are seasoned and experienced ( 18.3 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

Hi Sun Technology (China) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Hi Sun Technology (China) Limited
  • Ticker: 818
  • Exchange: SEHK
  • Founded:
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: HK$2.666b
  • Shares outstanding: 2.78b
  • Website: https://www.hisun.com.hk

Number of Employees


Location

  • Hi Sun Technology (China) Limited
  • Sun Hung Kai Centre
  • 25th Floor, Room 2515
  • Wan Chai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
818SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2001

Biography

Hi Sun Technology (China) Limited, an investment holding company, provides payment processing, financial, and platform operation solutions in the People's Republic of China. The company operates in five se ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 12:32
End of Day Share Price2020/10/20 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.