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
Rewards
Risk Analysis
No risks detected for 818 from our risk checks.
Snowflake Analysis
Flawless balance sheet and fair 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 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.
Volatility Over Time: 818's weekly volatility (9%) has been stable over the past year.
Market Performance
7 Day Return
17.1%
818
3.7%
HK IT
-2.0%
HK Market
1 Year Return
23.1%
818
27.8%
HK IT
19.3%
HK Market
Return vs Industry: 818 matched the Hong Kong IT industry which returned 22.7% over the past year.
Return vs Market: 818 exceeded the Hong Kong Market which returned 15.9% over the past year.
Shareholder returns
| 818 | Industry | Market | |
|---|---|---|---|
| 7 Day | 17.1% | 3.7% | -2.0% |
| 30 Day | 44.0% | 17.7% | 12.0% |
| 90 Day | 67.4% | 26.3% | 18.6% |
| 1 Year | 23.1%23.1% | 30.3%27.8% | 24.0%19.3% |
| 3 Year | -10.0%-10.0% | -6.4%-11.2% | -3.5%-13.7% |
| 5 Year | 25.2%25.2% | 37.0%22.6% | 71.5%42.4% |
Long-Term 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
2 weeks ago | Simply Wall St
What Kind Of Shareholders Hold The Majority In Hi Sun Technology (China) Limited's (HKG:818) Shares?1 month ago | Simply Wall St
Hi Sun Technology (China) (HKG:818) Share Prices Have Dropped 26% In The Last Five Years1 month ago | Simply Wall St
How Much is Hi Sun Technology (China)'s (HKG:818) CEO Getting Paid?Valuation
Is Hi Sun Technology (China) undervalued compared to its fair value and its price relative to the market?
10.05x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 818 (HK$1.44) is trading above our estimate of fair value (HK$0.22)
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 (10x) compared to the HK IT industry average (14.7x).
PE vs Market: 818 is good value based on its PE Ratio (10x) compared to the Hong Kong market (11.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 818's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 818 is good value based on its PB Ratio (0.8x) 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?
32.1%
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 Hi Sun Technology (China) 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 Hi Sun Technology (China) 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.
- Hi Sun Technology (China) 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 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 (-7.6%).
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?
18.5yrs
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 ($USD329.01K).
Compensation vs Earnings: Man Chun's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 19.17yrs | HK$2.35m | no data | |
| CEO & Executive Director | no data | HK$8.68m | 23.25% HK$ 845.9m | |
| Executive Director | 17.92yrs | HK$13.12m | 0.16% HK$ 6.0m | |
| Executive Director | 19.58yrs | HK$8.09m | 0.23% HK$ 8.4m | |
| Executive Director | 19.5yrs | HK$11.76m | 0.60% HK$ 21.7m | |
| Independent Non-Executive Director | 15.67yrs | HK$408.00k | no data | |
| Independent Non-Executive Director | 17yrs | HK$408.00k | no data | |
| Independent Non-Executive Director | 11.17yrs | HK$408.00k | no data |
18.5yrs
Average Tenure
57yo
Average Age
Experienced Board: 818's board of directors are seasoned and experienced ( 18.5 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: NaN
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: HK$3.638b
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 818 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Oct 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/27 10:14 |
| End of Day Share Price | 2021/01/27 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.