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1079

PINE Technology Holdings SEHK:1079 Stock Report

Last Price

HK$0.039

Market Cap

HK$51.7m

7D

-39.1%

1Y

-53.0%

Updated

23 Sep, 2022

Data

Company Financials
1079 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

1079 Stock Overview

PINE Technology Holdings Limited, an investment holding company, manufactures and sells computer components, and consumer electronic and other products.

PINE Technology Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for PINE Technology Holdings
Historical stock prices
Current Share PriceHK$0.039
52 Week HighHK$0.14
52 Week LowHK$0.034
Beta0.44
1 Month Change-26.42%
3 Month Change-47.30%
1 Year Change-53.01%
3 Year Change-68.80%
5 Year Change-96.58%
Change since IPO-97.76%

Recent News & Updates

Jun 22
Is PINE Technology Holdings (HKG:1079) Using Too Much Debt?

Is PINE Technology Holdings (HKG:1079) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Mar 08
Is PINE Technology Holdings (HKG:1079) Weighed On By Its Debt Load?

Is PINE Technology Holdings (HKG:1079) Weighed On By Its Debt Load?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

1079HK TechHK Market
7D-39.1%-6.6%-3.4%
1Y-53.0%-52.1%-25.0%

Return vs Industry: 1079 underperformed the Hong Kong Tech industry which returned -51.2% over the past year.

Return vs Market: 1079 underperformed the Hong Kong Market which returned -24.5% over the past year.

Price Volatility

Is 1079's price volatile compared to industry and market?
1079 volatility
1079 Average Weekly Movement15.8%
Tech Industry Average Movement5.0%
Market Average Movement6.3%
10% most volatile stocks in HK Market12.7%
10% least volatile stocks in HK Market3.1%

Stable Share Price: 1079 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 16% a week.

Volatility Over Time: 1079's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
1989117Sanhuo Zhanghttps://www.pinegroup.com

PINE Technology Holdings Limited, an investment holding company, manufactures and sells computer components, and consumer electronic and other products. It operates through five divisions: Group’s Brand Products, Other Brand Products, Money Lending Service, Trading Business, and Computer Software and Hardware and System Development. The company provides graphic cards; power supply units; and other products, such as cables, video input output adapters, gaming accessories, and apparels, as well as monitor stands and mouse pad technologies.

PINE Technology Holdings Fundamentals Summary

How do PINE Technology Holdings's earnings and revenue compare to its market cap?
1079 fundamental statistics
Market CapHK$51.74m
Earnings (TTM)-HK$13.12m
Revenue (TTM)HK$69.27m

0.7x

P/S Ratio

-4.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
1079 income statement (TTM)
RevenueUS$8.83m
Cost of RevenueUS$4.61m
Gross ProfitUS$4.22m
Other ExpensesUS$5.89m
Earnings-US$1.67m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

Sep 30, 2022

Earnings per share (EPS)-0.0013
Gross Margin47.77%
Net Profit Margin-18.93%
Debt/Equity Ratio5.5%

How did 1079 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 1079 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 1079?

Other financial metrics that can be useful for relative valuation.

1079 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDA5.6x
PEG Ration/a

Price to Sales Ratio vs Peers

How does 1079's PS Ratio compare to its peers?

1079 PS Ratio vs Peers
The above table shows the PS ratio for 1079 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.6x
465 Futong Technology Development Holdings
0.3xn/aHK$87.2m
8111 China Technology Industry Group
0.8xn/aHK$86.5m
2028 Jolimark Holdings
0.3xn/aHK$110.3m
164 China Baoli Technologies Holdings
0.9xn/aHK$70.2m
1079 PINE Technology Holdings
0.7xn/aHK$51.7m

Price-To-Sales vs Peers: 1079 is expensive based on its Price-To-Sales Ratio (0.7x) compared to the peer average (0.6x).


Price to Earnings Ratio vs Industry

How does 1079's PE Ratio compare vs other companies in the Asian Tech Industry?

Price-To-Sales vs Industry: 1079 is good value based on its Price-To-Sales Ratio (0.7x) compared to the Asian Tech industry average (1x)


Price to Sales Ratio vs Fair Ratio

What is 1079's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

1079 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.7x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 1079's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 1079 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 1079 (HK$0.04) is trading below our estimate of fair value (HK$1.28)

Significantly Below Fair Value: 1079 is trading below fair value by more than 20%.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.4%

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 PINE 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.


Discover growth companies

  • Examine whether PINE Technology Holdings 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.
  • PINE Technology Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has PINE Technology Holdings performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-2.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: 1079 is currently unprofitable.

Growing Profit Margin: 1079 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1079 is unprofitable, and losses have increased over the past 5 years at a rate of 2.1% per year.

Accelerating Growth: Unable to compare 1079's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1079 is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (-11%).


Return on Equity

High ROE: 1079 has a negative Return on Equity (-3.22%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is PINE Technology Holdings's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: 1079's short term assets ($21.4M) exceed its short term liabilities ($4.8M).

Long Term Liabilities: 1079's short term assets ($21.4M) exceed its long term liabilities ($1.4M).


Debt to Equity History and Analysis

Debt Level: 1079 has more cash than its total debt.

Reducing Debt: 1079's debt to equity ratio has reduced from 52.3% to 5.5% over the past 5 years.


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 1079 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 1079 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 35.1% per year.


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Dividend

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

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1079's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1079'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 1079's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1079's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: 1079 is not paying a notable dividend for the Hong Kong market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 1079 has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average board tenure


CEO

Sanhuo Zhang (56 yo)

4.67yrs

Tenure

US$167,000

Compensation

Mr. Sanhuo Zhang has been Chairman of PINE Technology Holdings Limited since July 4, 2017 and has been its Chief Executive Officer since January 03, 2018. Mr. Zhang has been an Executive Director of PINE T...


CEO Compensation Analysis

Compensation vs Market: Sanhuo's total compensation ($USD167.00K) is below average for companies of similar size in the Hong Kong market ($USD241.60K).

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


Board Members

Experienced Board: 1079's board of directors are considered experienced (5.2 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.

Company Information

PINE Technology Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: PINE Technology Holdings Limited
  • Ticker: 1079
  • Exchange: SEHK
  • Founded: 1989
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Implied Market Cap: HK$51.741m
  • Shares outstanding: 1.33b
  • Website: https://www.pinegroup.com

Number of Employees


Location

  • PINE Technology Holdings Limited
  • Central 88
  • 12th Floor
  • Central
  • Hong Kong


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1079SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 1999
PNYDB (Deutsche Boerse AG)YesOrdinary SharesDEEURNov 1999

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/23 00:00
End of Day Share Price2022/09/23 00:00
Earnings2021/12/31
Annual Earnings2021/06/30


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.