SEHK:8279

Stock Analysis Report

Executive Summary

AGTech Holdings Limited, an integrated technology and services company, engages in the lottery, and mobile games and entertainment content businesses in the People's Republic of China and internationally.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has AGTech Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8279's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.6%

8279

9.0%

HK IT

7.4%

HK Market


1 Year Return

-56.0%

8279

-31.8%

HK IT

-22.7%

HK Market

Return vs Industry: 8279 underperformed the Hong Kong IT industry which returned -31.1% over the past year.

Return vs Market: 8279 underperformed the Hong Kong Market which returned -20.3% over the past year.


Shareholder returns

8279IndustryMarket
7 Day4.6%9.0%7.4%
30 Day-15.2%-11.3%-11.2%
90 Day-37.3%-21.0%-17.3%
1 Year-56.0%-56.0%-30.5%-31.8%-19.9%-22.7%
3 Year-84.7%-84.7%-30.7%-33.9%-5.3%-14.8%
5 Year-75.4%-75.4%-15.5%-20.3%-8.7%-23.4%

Price Volatility Vs. Market

How volatile is AGTech Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is AGTech Holdings undervalued compared to its fair value and its price relative to the market?

0.86x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8279's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8279's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8279 is unprofitable, so we can't compare its PE Ratio to the IT industry average.

PE vs Market: 8279 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8279's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8279 is good value based on its PB Ratio (0.8x) compared to the HK IT industry average (0.9x).


Next Steps

Future Growth

How is AGTech Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

13.4%

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 AGTech Holdings 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 AGTech Holdings performed over the past 5 years?

37.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8279 is currently unprofitable.

Growing Profit Margin: 8279 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8279 is unprofitable, but has reduced losses over the past 5 years at a rate of 37.4% per year.

Accelerating Growth: Unable to compare 8279's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8279 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (-9.5%).


Return on Equity

High ROE: 8279 has a negative Return on Equity (-3.77%), as it is currently unprofitable.


Next Steps

Financial Health

How is AGTech Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8279's short term assets (HK$2.0B) exceed its short term liabilities (HK$194.8M).

Long Term Liabilities: 8279's short term assets (HK$2.0B) exceed its long term liabilities (HK$44.7M).


Debt to Equity History and Analysis

Debt Level: 8279 is debt free.

Reducing Debt: 8279 had no debt 5 years ago.


Balance Sheet

Inventory Level: 8279 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 8279's debt is covered by short term assets.


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 8279 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 8279 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is AGTech Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8279's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 8279'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 8279's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8279'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 8279'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?

3.6yrs

Average board tenure


CEO

John Sun (50yo)

no data

Tenure

HK$7,681,000

Compensation

Mr. Ho Sun, also known as John, serves as the Executive Chairman and Chief Executive Officer of AGTech Holdings Ltd. (also known Megainfo Holdings Ltd) and has been its Chief Compliance Officer since July  ...


CEO Compensation Analysis

Compensation vs Market: John's total compensation ($USD990.90K) is above average for companies of similar size in the Hong Kong market ($USD343.55K).

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


Board Members

NamePositionTenureCompensationOwnership
Ho Sun
CEO, Chairmanno dataHK$7.68m17.46% HK$458.6m
Taoye Hu
Executive Director & CFO1.17yrsno datano data
Qunyao Gao
Independent Non-Executive Director4.83yrsHK$268.00k0.0064% HK$168.9k
Monica Nunes
Independent Non-Executive Director6.67yrsHK$201.00k0.015% HK$393.7k
Qing Feng
Independent Non-Executive Director4.83yrsHK$268.00k0.0032% HK$84.3k
Guang Yang
Non-Executive Director3.58yrsno datano data
Gang Ji
Non-Executive Director3.58yrsno datano data
Liang Zou
Non-Executive Director2.25yrsno datano data
Faguang Li
Non-Executive Director1yrno datano data

3.6yrs

Average Tenure

46yo

Average Age

Experienced Board: 8279's board of directors are considered experienced (3.6 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

AGTech Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: AGTech Holdings Limited
  • Ticker: 8279
  • Exchange: SEHK
  • Founded:
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: HK$2.626b
  • Shares outstanding: 11.67b
  • Website: https://www.agtech.com

Number of Employees


Location

  • AGTech Holdings Limited
  • Tower Two
  • Times Square
  • Causeway Bay
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8279SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 2004
3AHDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJan 2004
AGTE.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 2004

Biography

AGTech Holdings Limited, an integrated technology and services company, engages in the lottery, and mobile games and entertainment content businesses in the People's Republic of China and internationally. Its hardware and terminal products cover lottery hardware, including traditional draw-based lottery sales terminals, self-service terminals for instant win lottery and draw-based lottery, video lottery terminal of new draw-based lottery sales terminals, built-in instant win lottery module, instant ticket verification terminals, cloud printing devices, etc.; and keno products and instant scratch cards. The company is also involved in the development and supply of lottery games, related software, and underlying supporting systems; distribution of online non-lottery games and entertainment content; sale and distribution of lottery games and products; and provision of maintenance, after-sales, training, and consultancy services for software games and systems. In addition, it provides sports lottery management and marketing consultancy services; and phone and mobile betting solutions for lottery organizations, as well as offers handheld lottery sales equipment and related after-sales maintenance services. The company is headquartered in Causeway Bay, Hong Kong. AGTech Holdings Limited is a subsidiary of Ali Fortune Investment Holding Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/31 12:56
End of Day Share Price2020/03/31 00:00
Earnings2019/12/31
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.