SEHK:1184

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S.A.S. Dragon Holdings

Executive Summary

S.A.S. Dragon Holdings Limited, an investment holding company, distributes electronic components and semiconductor products. More Details


Snowflake Analysis

Adequate balance sheet average dividend payer.


Similar Companies

Share Price & News

How has S.A.S. Dragon Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1184 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.8%

1184

-4.6%

HK Electronic

-1.6%

HK Market


1 Year Return

5.6%

1184

-10.1%

HK Electronic

-1.3%

HK Market

Return vs Industry: 1184 exceeded the Hong Kong Electronic industry which returned -9.5% over the past year.

Return vs Market: 1184 exceeded the Hong Kong Market which returned -2.3% over the past year.


Shareholder returns

1184IndustryMarket
7 Day-2.8%-4.6%-1.6%
30 Day2.9%-4.0%-5.1%
90 Day5.6%-7.1%-2.5%
1 Year15.7%5.6%-7.1%-10.1%2.7%-1.3%
3 Year17.4%-8.9%-39.4%-44.5%-10.2%-20.0%
5 Year169.6%81.6%8.9%-5.9%11.4%-7.6%

Price Volatility Vs. Market

How volatile is S.A.S. Dragon Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is S.A.S. Dragon Holdings undervalued compared to its fair value and its price relative to the market?

5.87x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 1184 (HK$2.47) is trading above our estimate of fair value (HK$2.24)

Significantly Below Fair Value: 1184 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 1184 is good value based on its PE Ratio (5.9x) compared to the HK Electronic industry average (13.6x).

PE vs Market: 1184 is good value based on its PE Ratio (5.9x) compared to the Hong Kong market (11.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1184's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1184 is overvalued based on its PB Ratio (0.9x) compared to the HK Electronic industry average (0.7x).


Next Steps

Future Growth

How is S.A.S. Dragon Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.3%

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 S.A.S. Dragon 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 S.A.S. Dragon Holdings performed over the past 5 years?

17.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1184 has high quality earnings.

Growing Profit Margin: 1184's current net profit margins (1.4%) are higher than last year (1.3%).


Past Earnings Growth Analysis

Earnings Trend: 1184's earnings have grown by 17.4% per year over the past 5 years.

Accelerating Growth: 1184's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1184 had negative earnings growth (-2.6%) over the past year, making it difficult to compare to the Electronic industry average (-15.1%).


Return on Equity

High ROE: 1184's Return on Equity (17.7%) is considered low.


Next Steps

Financial Health

How is S.A.S. Dragon Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 1184's short term assets (HK$5.4B) exceed its short term liabilities (HK$4.7B).

Long Term Liabilities: 1184's short term assets (HK$5.4B) exceed its long term liabilities (HK$348.4M).


Debt to Equity History and Analysis

Debt Level: 1184's debt to equity ratio (162.9%) is considered high.

Reducing Debt: 1184's debt to equity ratio has reduced from 171.5% to 162.9% over the past 5 years.

Debt Coverage: 1184's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: 1184's interest payments on its debt are well covered by EBIT (5.2x coverage).


Balance Sheet


Next Steps

Dividend

What is S.A.S. Dragon Holdings's current dividend yield, its reliability and sustainability?

8.50%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 1184's dividend (8.5%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.31%).

High Dividend: 1184's dividend (8.5%) is in the top 25% of dividend payers in the Hong Kong market (7.03%)


Stability and Growth of Payments

Stable Dividend: 1184's dividend payments have been volatile in the past 10 years.

Growing Dividend: 1184's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (51.1%), 1184's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

16.0yrs

Average board tenure


CEO

Stanley Yim (60 yo)

no data

Tenure

HK$14,788,000

Compensation

Dr. Yuk-Lun Yim, also known as Stanley, JP, founded S.A.S. Dragon Holdings Limited and has been its Executive Chairman and General Manager/Managing Director since May 25, 1993. Dr. Yim serves as Chairman o ...


CEO Compensation Analysis

Compensation vs Market: Stanley's total compensation ($USD1.91M) is above average for companies of similar size in the Hong Kong market ($USD294.45K).

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


Board Members

NamePositionTenureCompensationOwnership
Yuk-Lun Yim
Founderno dataHK$14.79m51.55%
HK$ 790.4m
Wai Tai Wong
CFO, Company Secretary & Executive Director3.75yrsHK$2.10mno data
Sui Chuen Wong
Executive Director17.67yrsHK$1.29m0.29%
HK$ 4.5m
Tsz Kit Yim
Executive Director7.33yrsHK$1.78mno data
Chun Ning Liu
Independent Non-Executive Director19.67yrsno datano data
Tak Yuen Wong
Independent Non-Executive Director21.67yrsHK$100.00kno data
Chi Kwan Cheung
Independent Non-Executive Director16yrsHK$100.00kno data
Wai Kin Wong
Independent Non-Executive Director2.5yrsHK$100.00kno data

16.0yrs

Average Tenure

60yo

Average Age

Experienced Board: 1184's board of directors are seasoned and experienced ( 16 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 1184 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

S.A.S. Dragon Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: S.A.S. Dragon Holdings Limited
  • Ticker: 1184
  • Exchange: SEHK
  • Founded: 1981
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: HK$1.533b
  • Shares outstanding: 625.84m
  • Website: https://www.sasdragon.com.hk

Number of Employees


Location

  • S.A.S. Dragon Holdings Limited
  • S.A.S. Tower
  • 19th Floor
  • Kwai Chung
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1184SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1995

Biography

S.A.S. Dragon Holdings Limited, an investment holding company, distributes electronic components and semiconductor products. The company provides electronic supply chain services specializing in design, de ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/30 12:58
End of Day Share Price2020/09/30 00:00
Earnings2020/06/30
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.