SEHK:1206

Stock Analysis Report

Technovator International

Executive Summary

Technovator International Limited, together with its subsidiaries, provides smart energy management products, solutions, and integrated services primarily in the People’s Republic of China.

Snowflake

Fundamentals

Flawless balance sheet and fair value.

Share Price & News

How has Technovator International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1206's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.7%

1206

-4.9%

HK Electronic

-4.2%

HK Market


1 Year Return

-45.3%

1206

3.4%

HK Electronic

-2.6%

HK Market

Return vs Industry: 1206 underperformed the Hong Kong Electronic industry which returned 3.4% over the past year.

Return vs Market: 1206 underperformed the Hong Kong Market which returned -2.6% over the past year.


Shareholder returns

1206IndustryMarket
7 Day-1.7%-4.9%-4.2%
30 Day-10.8%1.3%-0.9%
90 Day-38.3%11.1%1.7%
1 Year-45.3%-45.3%6.5%3.4%0.9%-2.6%
3 Year-82.0%-82.0%3.4%-4.7%19.6%7.6%
5 Year-83.4%-83.9%59.8%39.1%18.6%-1.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Technovator International undervalued compared to its fair value and its price relative to the market?

1.79x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1206's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1206's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1206 is good value based on its PE Ratio (1.8x) compared to the Electronic industry average (9.2x).

PE vs Market: 1206 is good value based on its PE Ratio (1.8x) compared to the Hong Kong market (10.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1206's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1206 is good value based on its PB Ratio (0.2x) compared to the HK Electronic industry average (0.9x).


Next Steps

  • Explore potentially undervalued companies in the Tech industry.

Future Growth

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

9.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1206's forecast earnings growth (9.5% per year) is above the savings rate (2%).

Earnings vs Market: 1206's earnings (9.5% per year) are forecast to grow slower than the Hong Kong market (11.4% per year).

High Growth Earnings: 1206's earnings are forecast to grow, but not significantly.

Revenue vs Market: Insufficient data to determine if 1206's revenue is forecast to grow faster than the Hong Kong market.

High Growth Revenue: Insufficient data to determine if 1206's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 1206's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Technovator International performed over the past 5 years?

13.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1206 has high quality earnings.

Growing Profit Margin: 1206's current net profit margins (11.9%) are lower than last year (12.6%).


Past Earnings Growth Analysis

Earnings Trend: 1206's earnings have grown by 13.6% per year over the past 5 years.

Accelerating Growth: 1206's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 1206 had negative earnings growth (-15.1%) over the past year, making it difficult to compare to the Electronic industry average (-10.9%).


Return on Equity

High ROE: 1206's Return on Equity (8.5%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Technovator International's financial position?


Financial Position Analysis

Short Term Liabilities: 1206's short term assets (CN¥3.4B) exceeds its short term liabilities (CN¥1.9B)

Long Term Liabilities: 1206's short term assets (CN¥3.4B) exceeds its long term liabilities (39.5M)


Debt to Equity History and Analysis

Debt Level: 1206's debt to equity ratio (10.4%) is considered satisfactory.

Reducing Debt: 1206's debt to equity ratio has reduced from 63.3% to 10.4% over the past 5 years.

Debt Coverage: 1206's debt is well covered by operating cash flow (27.9%).

Interest Coverage: 1206 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 1206 has a high level of physical assets or inventory.

Debt Coverage by Assets: 1206's debt is covered by short term assets (assets are 12.2x debt).


Next Steps

Dividend

What is Technovator International's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%6.4%industryaverage2.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 1206's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 1206'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 1206's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1206'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 1206's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

What is the CEO of Technovator International's salary, the management and board of directors tenure and is there insider trading?

8.2yrs

Average board tenure


CEO

Xiaobo Zhao (50yo)

8.2yrs

Tenure

CN¥1,400,000

Compensation

Mr. Zhao Xiaobo has been the Chief Executive Officer of Technovator International Limited since September 8, 2011. Mr. Zhao joined Technovator in May 2005. Mr. Zhao is an assistant to the President of Tong ...


CEO Compensation Analysis

Compensation vs Market: Xiaobo's total compensation ($USD199.77K) is about average for companies of similar size in the Hong Kong market ($USD216.22K).

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


Board Age and Tenure

8.2yrs

Average Tenure

50yo

Average Age

Experienced Board: 1206's board of directors are considered experienced (8.2 years average tenure).


Insider Trading

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.


Management Team

  • Xiaobo Zhao (50yo)

    CEO & Executive Director

    • Tenure: 8.2yrs
    • Compensation: CN¥1.40m
  • Lok Wai Leung (43yo)

    CFO & Joint Company Secretary

    • Tenure: 0yrs
  • Xu Zhenxi

    Chief Engineer

    • Tenure: 0yrs
  • Chen Fangju

    Executive Officer

    • Tenure: 0yrs
  • Qiu Duanyun

    Executive Officer

    • Tenure: 0yrs
  • Xuzhong Qin (47yo)

    Chairman of the Board

    • Tenure: 1.6yrs
  • Selena Siew Tee (46yo)

    Joint Company Secretary

    • Tenure: 1.3yrs

Board Members

  • Yew Boon Chia (61yo)

    Independent Non-Executive Director

    • Tenure: 8.2yrs
    • Compensation: CN¥303.00k
  • Tim Liu (57yo)

    Non-Executive Director

    • Tenure: 8.2yrs
    • Compensation: CN¥183.00k
  • Kathy Chen (53yo)

    Independent Non-Executive Director

    • Tenure: 8.2yrs
    • Compensation: CN¥233.00k
  • Xiaobo Zhao (50yo)

    CEO & Executive Director

    • Tenure: 8.2yrs
    • Compensation: CN¥1.40m
  • Yu Huang (50yo)

    Non-Executive Director

    • Tenure: 3.3yrs
  • Yinghu Wang (45yo)

    Non-Executive Director

    • Tenure: 4yrs
    • Compensation: CN¥183.00k
  • Xuzhong Qin (47yo)

    Chairman of the Board

    • Tenure: 1.6yrs

Company Information

Technovator International Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Technovator International Limited
  • Ticker: 1206
  • Exchange: SEHK
  • Founded: 2005
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: HK$453.671m
  • Shares outstanding: 782.19m
  • Website: https://www.technovator.com.sg

Number of Employees


Location

  • Technovator International Limited
  • No. 04-10/10A Sindo Industrial Building
  • 66 Tannery Lane
  • Singapore
  • 347805
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1206SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2011
TINN.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDOct 2011

Biography

Technovator International Limited, together with its subsidiaries, provides smart energy management products, solutions, and integrated services primarily in the People’s Republic of China. The company's S ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/17 12:56
End of Day Share Price2019/11/15 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.