SEHK:1063

Stock Analysis Report

Suncorp Technologies

Executive Summary

Suncorp Technologies Limited, an investment holding company, markets and sells residential telephone and related products, and corded and cordless telephones for residential and office use under the Motorola brand.


Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Suncorp Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1063's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-26.7%

1063

0.5%

HK Communications

-3.3%

HK Market


1 Year Return

-45.0%

1063

-9.7%

HK Communications

-9.6%

HK Market

Return vs Industry: 1063 underperformed the Hong Kong Communications industry which returned -12.8% over the past year.

Return vs Market: 1063 underperformed the Hong Kong Market which returned -9.8% over the past year.


Shareholder returns

1063IndustryMarket
7 Day-26.7%0.5%-3.3%
30 Day-26.7%-5.3%-3.8%
90 Day-31.3%9.9%-0.2%
1 Year-45.0%-45.0%-7.4%-9.7%-6.3%-9.6%
3 Year-81.7%-81.7%15.3%6.1%11.2%-0.05%
5 Year-96.4%-96.4%12.5%-4.1%12.7%-6.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Suncorp Technologies undervalued compared to its fair value and its price relative to the market?

0.5x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1063's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1063's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1063 is unprofitable, so we can't compare its PE Ratio to the Communications industry average.

PE vs Market: 1063 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 1063's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1063 is good value based on its PB Ratio (0.5x) compared to the HK Communications industry average (1x).


Next Steps

Future Growth

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

19.2%

Forecasted Tech 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 Suncorp Technologies 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 Suncorp Technologies performed over the past 5 years?

-24.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1063 is currently unprofitable.

Growing Profit Margin: 1063 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1063 is unprofitable, and losses have increased over the past 5 years at a rate of -24.5% per year.

Accelerating Growth: Unable to compare 1063's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1063 is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-9.3%).


Return on Equity

High ROE: 1063 has a negative Return on Equity (-16.59%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Suncorp Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: 1063's short term assets (HK$390.9M) exceed its short term liabilities (HK$61.9M).

Long Term Liabilities: 1063's short term assets (HK$390.9M) exceed its long term liabilities (HK$1.5M).


Debt to Equity History and Analysis

Debt Level: 1063's debt to equity ratio (0.9%) is considered satisfactory.

Reducing Debt: 1063's debt to equity ratio has reduced from 141.1% to 0.9% over the past 5 years.


Balance Sheet

Inventory Level: 1063 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 1063's debt is covered by short term assets (assets are 127.5x debt).


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: 1063 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 1063 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -4.2% each year


Next Steps

Dividend

What is Suncorp Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%6.4%industryaverage2.9%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 1063's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1063'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 1063's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1063'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 1063'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?

6.7yrs

Average management tenure


CEO

Yi Lu (34yo)

4.4yrs

Tenure

0

Mr. Yi Lu has been Chief Executive Officer of The Group at Suncorp Technologies Ltd. since September 13, 2015. 


Leadership Team

NamePositionTenureCompensationOwnership
Malcolm Jacobs-Paton
Executive Director0yrsHK$1.38m0.016% HK$32.5k
Yuqi Zhu
Executive Director1.4yrsHK$179.36kno data
Yi Lu
Chief Executive Officer of The Group4.4yrsno datano data
Yang Wu
Chief Operating Officer of The Group0yrsno datano data
Shuai Dong
Chief Marketing Officer of The Group0yrsno datano data
Lesley Taylor
Head of Design0yrsno datano data
Sin Fai Wong
Company Secretary9yrsno datano data

6.7yrs

Average Tenure

41yo

Average Age

Experienced Management: 1063's management team is seasoned and experienced (6.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Malcolm Jacobs-Paton
Executive Director0yrsHK$1.38m0.016% HK$32.5k
Yuqi Zhu
Executive Director1.4yrsHK$179.36kno data
Bei Lu
Independent Non-Executive Director9yrsHK$140.00kno data
Yuan Man
Independent Non-Executive Director4.7yrsHK$120.00kno data
Kin Ling Ma
Independent Non-Executive Director1.5yrsHK$61.00kno data

3.1yrs

Average Tenure

37yo

Average Age

Experienced Board: 1063's board of directors are considered experienced (3.1 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

Suncorp Technologies Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Suncorp Technologies Limited
  • Ticker: 1063
  • Exchange: SEHK
  • Founded:
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: HK$197.805m
  • Shares outstanding: 15.22b
  • Website: https://www.suncorptech.com.hk

Number of Employees


Location

  • Suncorp Technologies Limited
  • China Resources Building
  • 12th Floor
  • Wanchai
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
SUNT.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 1994
1063SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 1994
XSH3DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 1994

Biography

Suncorp Technologies Limited, an investment holding company, markets and sells residential telephone and related products, and corded and cordless telephones for residential and office use under the Motorola brand. It also engages in processing and trading used computer-related components, such as integrated circuit chips, hard-disks, and motherboards. In addition, the company provides money lending, securities brokerage, and placing and underwriting services; and the B2B cross-border e-commerce and payment services. It operates in the People’ s Republic of China, Malaysia, Spain, Singapore, Italy, the Netherlands, India, Korea, Egypt, Indonesia, Australia, and internationally. Suncorp Technologies Limited is based in Wanchai, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/26 12:43
End of Day Share Price2020/02/26 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.