Hi Sun Technology (China) Limited, an investment holding company, primarily provides payment processing, financial, and platform operation solutions in Mainland China, Hong Kong, Japan, and Macau.
Flawless balance sheet and undervalued.
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.
7 Day Return
1 Year Return
Return vs Industry: 818 underperformed the Hong Kong IT industry which returned -31.1% over the past year.
Return vs Market: 818 underperformed the Hong Kong Market which returned -20.1% over the past year.
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
1 month ago | Simply Wall StImagine Owning Hi Sun Technology (China) (HKG:818) And Wondering If The 47% Share Price Slide Is Justified
2 months ago | Simply Wall StDo You Know About Hi Sun Technology (China) Limited’s (HKG:818) ROCE?
3 months ago | Simply Wall StHi Sun Technology (China)'s (HKG:818) Earnings Are Growing But Is There More To The Story?
Is Hi Sun Technology (China) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 818 (HK$0.87) is trading below our estimate of fair value (HK$14.66)
Significantly Below Fair Value: 818 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 818 is good value based on its PE Ratio (4.5x) compared to the IT industry average (12.1x).
PE vs Market: 818 is good value based on its PE Ratio (4.5x) compared to the Hong Kong market (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 (0.5x) compared to the HK IT industry average (0.9x).
How is Hi Sun Technology (China) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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.
- 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.
How has Hi Sun Technology (China) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 818 has high quality earnings.
Growing Profit Margin: 818's current net profit margins (9.4%) are higher than last year (5.8%).
Past Earnings Growth Analysis
Earnings Trend: 818's earnings have grown by 6.2% per year over the past 5 years.
Accelerating Growth: 818's earnings growth over the past year (144.9%) exceeds its 5-year average (6.2% per year).
Earnings vs Industry: 818 earnings growth over the past year (144.9%) exceeded the IT industry -3.7%.
Return on Equity
High ROE: 818's Return on Equity (13.4%) is considered low.
How is Hi Sun Technology (China)'s financial position?
Financial Position Analysis
Short Term Liabilities: 818's short term assets (HK$4.3B) exceed its short term liabilities (HK$2.3B).
Long Term Liabilities: 818's short term assets (HK$4.3B) exceed its long term liabilities (HK$34.3M).
Debt to Equity History and Analysis
Debt Level: 818 is debt free.
Reducing Debt: 818 had no debt 5 years ago.
Debt Coverage: 818 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 818 has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: 818 has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 818's debt is covered by short term assets.
What is Hi Sun Technology (China)'s current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 818's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 818's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 818's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 818's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 818's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Man Kui (53yo)
Mr. Man Chun Kui serves as the Chairman and Chief Executive Officer of Hi Sun Limited (“HSL”), a controlling shareholder of Hi Sun Technology (China) Ltd. (also called as Hi Sun Group Limited.) Mr. Kui has ...
CEO Compensation Analysis
Compensation vs Market: Man's total compensation ($USD1.10M) is above average for companies of similar size in the Hong Kong market ($USD335.35K).
Compensation vs Earnings: Man's compensation has been consistent with company performance over the past year.
|Executive Chairman||18.33yrs||HK$2.26m||no data|
|CEO & Executive Director||no data||HK$8.50m||23.25% HK$561.8m|
|Executive Director||17.08yrs||HK$8.56m||0.16% HK$4.0m|
|Executive Director||18.75yrs||HK$7.82m||0.23% HK$5.6m|
|Executive Director and Director of Hi Sun Limited||18.67yrs||HK$7.59m||0.60% HK$14.4m|
|Independent Non-Executive Director||14.83yrs||HK$380.00k||no data|
|Independent Non-Executive Director||16.17yrs||HK$380.00k||no data|
|Independent Non-Executive Director||10.33yrs||HK$380.00k||no data|
Experienced Board: 818's board of directors are seasoned and experienced ( 17.7 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hi Sun Technology (China) Limited's company bio, employee growth, exchange listings and data sources
- Name: Hi Sun Technology (China) Limited
- Ticker: 818
- Exchange: SEHK
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: HK$2.416b
- Shares outstanding: 2.78b
- Website: https://www.hisun.com.hk
Number of Employees
- Hi Sun Technology (China) Limited
- Sun Hung Kai Centre
- 25th Floor, Room 2515
- Hong Kong
|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|
Hi Sun Technology (China) Limited, an investment holding company, primarily provides payment processing, financial, and platform operation solutions in Mainland China, Hong Kong, Japan, and Macau. It operates through five segments: Payment Processing Solutions; Information Security Chips and Solutions; Platform Operation Solutions; Financial Solutions; and Electronic Power Meters and Solutions. The Payment Processing Solutions segment offers payment processing services, and merchants recruiting and related products and solutions. The Information Security Chips and Solutions segment provides information system consultancy services; and sells mag-stripe card security decoder chips, and related products and solutions. The Platform Operation Solutions segment offers telecommunication and mobile payment platform operation services, as well as operation value-added services. The Financial Solutions segment provides information system consultancy, integration, and operation services, as well as sells information technology products to financial institutions and banks. The Electronic Power Meters and Solutions segment is involved in the manufacture and sale of electronic power meters and data collection terminals, and related products and solutions. Hi Sun Technology (China) Limited is headquartered in Wanchai, Hong Kong.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/28 13:10|
|End of Day Share Price||2020/03/27 00:00|
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.