SEHK:885

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Rentian Technology Holdings

Executive Summary

Rentian Technology Holdings Limited, an investment holding company, primarily provides integrated Internet-of-Things (IoT) solutions to enterprise customers in the People's Republic of China and Hong Kong.


Snowflake Analysis

Slightly overvalued with imperfect balance sheet.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 885 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

885

3.6%

HK Software

2.7%

HK Market


1 Year Return

-28.6%

885

34.6%

HK Software

-6.5%

HK Market

Return vs Industry: 885 underperformed the Hong Kong Software industry which returned 27.4% over the past year.

Return vs Market: 885 underperformed the Hong Kong Market which returned -9.9% over the past year.


Shareholder returns

885IndustryMarket
7 Day0%3.6%2.7%
30 Day0%11.5%-0.7%
90 Day-9.1%10.9%-5.3%
1 Year-28.6%-28.6%35.2%34.6%-3.3%-6.5%
3 Year-97.5%-97.5%58.7%56.7%-1.6%-11.7%
5 Year-98.3%-98.3%-8.6%-12.1%-11.4%-25.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 885 (HK$0.01) is trading below our estimate of fair value (HK$4.33)

Significantly Below Fair Value: 885 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 885 is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: 885 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 885's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 885 has negative assets, so we can't compare its PB Ratio to the HK Software industry average.


Next Steps

Future Growth

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

29.7%

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 Rentian Technology 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 Rentian Technology Holdings performed over the past 5 years?

-74.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 885 is currently unprofitable.

Growing Profit Margin: 885 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 885 is unprofitable, and losses have increased over the past 5 years at a rate of -74.3% per year.

Accelerating Growth: Unable to compare 885's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 885 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (19.9%).


Return on Equity

High ROE: 885's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Next Steps

Financial Health

How is Rentian Technology Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 885 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 885 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 885 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 885's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet


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: Whilst unprofitable 885 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 885 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14% per year.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 885's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 885'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 885's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 885'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 885'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?

0.2yrs

Average board tenure


CEO

Rentian Technology Holdings has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Xiaoguang Li
Executive Director0.17yrno datano data
Hon Siang Chin
Independent Non-Executive Director4.67yrsHK$240.00kno data
Tsang Mo Chan
Independent Non-Executive Director0.25yrno datano data
Jiang Su
Independent Non- Executive Director0.17yrno datano data

0.2yrs

Average Tenure

44yo

Average Age

Experienced Board: 885's board of directors are not considered experienced ( 0.3 years average tenure), which suggests a new board.


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

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


Key Information

  • Name: Rentian Technology Holdings Limited
  • Ticker: 885
  • Exchange: SEHK
  • Founded:
  • Industry: Application Software
  • Sector: Software
  • Market Cap: HK$111.239m
  • Shares outstanding: 11.12b
  • Website: https://www.rentiantech.com

Number of Employees


Location

  • Rentian Technology Holdings Limited
  • Hing Lung Commercial Building
  • Flat B
  • Sheung Wan
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
885SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJul 2001

Biography

Rentian Technology Holdings Limited, an investment holding company, primarily provides integrated Internet-of-Things (IoT) solutions to enterprise customers in the People's Republic of China and Hong Kong. The company operates through four segments: IoT Solution, Human-Machine Interactive Devices, Intelligent Documentation Service, and Securities and Other Investment. It designs, manufactures, and distributes printers, terminals, and point-of-sales electronic products, as well as provides related services under the Start brand name. The company also researches, develops, and manufactures IoT and industrial 4.0 network solutions; mobile data capture intelligence terminals; optical transmission network equipment and software products for gigabit-capable passive optical network and Ethernet passive optical network communications; and standard returnable radio-frequency identification smart bins. In addition, it offers printing outsourcing services; IoT application and solutions based on automatic identification and data capture technologies; integrated business software solutions; Tencent Wechat’s enterprise technology solutions; marketing research, software design, and IT solutions; and strategic business consultation and development solutions for companies in the commodities industry. Further, the company develops software products and technologies; operates IoT data, and network carrier’s mobile marketing and education institution’s mobile servicing platforms; implements smart warehouse and logistics solutions; and provides research, development, and production consulting services for mobile Internet technology. Additionally, it engages in the securities investment; and money lending businesses. The company was formerly known as Forefront Group Limited and changed its name to Rentian Technology Holdings Limited in July 2015. Rentian Technology Holdings Limited is headquartered in Sheung Wan, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/03 12:42
End of Day Share Price2020/06/02 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.