Executive Summary
Mobicon Group Limited, an investment holding company, trades in and distributes electronic components, automation parts, and equipment in Hong Kong and other Asia-Pacific countries, South Africa, Europe, and internationally.
Rewards
Risk Analysis
Earnings have declined by -53.04% per year over past 5 years
Currently unprofitable and not forecast to become profitable over the next 3 years
Snowflake Analysis
Adequate balance sheet and slightly overvalued.
Share Price & News
How has Mobicon Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1213 has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
5.0%
1213
5.1%
HK Electronic
0.5%
HK Market
1 Year Return
27.8%
1213
14.0%
HK Electronic
-0.2%
HK Market
Return vs Industry: 1213 exceeded the Hong Kong Electronic industry which returned 14% over the past year.
Return vs Market: 1213 exceeded the Hong Kong Market which returned -0.2% over the past year.
Shareholder returns
| 1213 | Industry | Market | |
|---|---|---|---|
| 7 Day | 5.0% | 5.1% | 0.5% |
| 30 Day | 5.5% | 2.5% | -3.8% |
| 90 Day | -8.0% | 12.2% | -1.3% |
| 1 Year | 28.9%27.8% | 17.4%14.0% | 3.4%-0.2% |
| 3 Year | -26.8%-28.6% | 20.8%11.0% | 18.8%6.7% |
| 5 Year | -34.9%-37.2% | 96.3%70.9% | 19.5%-0.5% |
Price Volatility Vs. Market
How volatile is Mobicon Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Estimating The Fair Value Of Mobicon Group Limited (HKG:1213)1 month ago | Simply Wall St
Mobicon Group (HKG:1213) Seems To Use Debt Quite Sensibly2 months ago | Simply Wall St
What Kind Of Shareholders Own Mobicon Group Limited (HKG:1213)?Valuation
Is Mobicon Group 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: 1213 (HK$1.15) is trading below our estimate of fair value (HK$6.66)
Significantly Below Fair Value: 1213 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 1213 is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: 1213 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 1213's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1213 is overvalued based on its PB Ratio (1.9x) compared to the HK Electronic industry average (0.9x).
Next Steps
Future Growth
How is Mobicon Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
24.4%
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 Mobicon Group 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
- Examine Mobicon Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Mobicon Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
Past Performance
How has Mobicon Group performed over the past 5 years?
-53.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1213 is currently unprofitable.
Growing Profit Margin: 1213 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 1213 is unprofitable, and losses have increased over the past 5 years at a rate of -53% per year.
Accelerating Growth: Unable to compare 1213's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 1213 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-8.8%).
Return on Equity
High ROE: 1213 has a negative Return on Equity (-2.12%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Mobicon Group's financial position?
Financial Position Analysis
Short Term Liabilities: 1213's short term assets (HK$261.1M) exceed its short term liabilities (HK$147.6M).
Long Term Liabilities: 1213's short term assets (HK$261.1M) exceed its long term liabilities (HK$1.9M).
Debt to Equity History and Analysis
Debt Level: 1213's debt to equity ratio (61.6%) is considered high.
Reducing Debt: 1213's debt to equity ratio has increased from 45% to 61.6% over the past 5 years.
Balance Sheet
Inventory Level: 1213 has a high level of physical assets or inventory.
Debt Coverage by Assets: 1213's debt is covered by short term assets (assets are 2.7x 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: Whilst unprofitable 1213 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1213 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 8% per year.
Next Steps
Dividend
What is Mobicon Group's current dividend yield, its reliability and sustainability?
0.87%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 1213's dividend (0.87%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.27%).
High Dividend: 1213's dividend (0.87%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.23%).
Stability and Growth of Payments
Stable Dividend: 1213 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.
Growing Dividend: 1213 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 1213 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 1213'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 Mobicon Group's salary, the management and board of directors tenure and is there insider trading?
HK$62k
CEO Compensation
CEO
Beryl Yeung (57yo)
12.4yrs
Tenure
HK$62,000
Compensation
Ms. Man Yi Yeung, also known as Beryl founded Mobicon Group Ltd. and has been its Chief Executive Officer since July 18, 2007. Ms. Yeung is responsible for Mobicon Group's finance, administration and inter ...
CEO Compensation Analysis
Compensation vs Market: Beryl's total compensation ($USD7.92K) is below average for companies of similar size in the Hong Kong market ($USD226.68K).
Compensation vs Earnings: Beryl's compensation has been consistent with company performance over the past year.
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
Roger Hung (55yo)
Founder
- Tenure: 0yrs
- Compensation: HK$315.00k
Measure Hung (58yo)
Founder & Chairman
- Tenure: 8.7yrs
- Compensation: HK$26.00k
Allix Yeung (56yo)
Co-Founder & Executive Director
- Tenure: 0yrs
- Compensation: HK$315.00k
Beryl Yeung (57yo)
Founder
- Tenure: 12.4yrs
- Compensation: HK$62.00k
Ho Yin Tsoi (35yo)
Financial Controller & Company Secretary
- Tenure: 2.2yrs
Board Members
Charles Chapman (70yo)
Independent Non-Executive Director
- Tenure: 0yrs
- Compensation: HK$80.00k
Roger Hung (55yo)
Founder
- Tenure: 0yrs
- Compensation: HK$315.00k
Measure Hung (58yo)
Founder & Chairman
- Tenure: 8.7yrs
- Compensation: HK$26.00k
Allix Yeung (56yo)
Co-Founder & Executive Director
- Tenure: 0yrs
- Compensation: HK$315.00k
Beryl Yeung (57yo)
Founder
- Tenure: 12.4yrs
- Compensation: HK$62.00k
Gary Leung (54yo)
Independent Non-Executive Director
- Tenure: 0yrs
- Compensation: HK$120.00k
Eric Ku (63yo)
Independent Non-Executive Director
- Tenure: 8.6yrs
- Compensation: HK$80.00k
Company Information
Mobicon Group Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Mobicon Group Limited
- Ticker: 1213
- Exchange: SEHK
- Founded: 1983
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: HK$230.000m
- Shares outstanding: 200.00m
- Website: https://www.mobicon.com
Number of Employees
Location
- Mobicon Group Limited
- New Trend Centre
- 7th Floor
- San Po Kong
- Kowloon
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1213 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | May 2001 |
Biography
Mobicon Group Limited, an investment holding company, trades in and distributes electronic components, automation parts, and equipment in Hong Kong and other Asia-Pacific countries, South Africa, Europe, a ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/11 12:40 |
| End of Day Share Price | 2019/12/10 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.