Executive Summary
Nanjing Sample Technology Company Limited, together with its subsidiaries, provides visual identification and radio frequency identification (RFID) solutions to intelligent transportation, customs logistics, and other application areas in the People’s Republic of China.
Risk Analysis
Snowflake Analysis
Mediocre balance sheet with questionable track record.
Share Price & News
How has Nanjing Sample Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1708's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
0%
1708
2.1%
HK Electronic
1.7%
HK Market
1 Year Return
-39.8%
1708
-0.7%
HK Electronic
-2.9%
HK Market
Return vs Industry: 1708 underperformed the Hong Kong Electronic industry which returned -0.7% over the past year.
Return vs Market: 1708 underperformed the Hong Kong Market which returned -2.9% over the past year.
Shareholder returns
| 1708 | Industry | Market | |
|---|---|---|---|
| 7 Day | 0% | 2.1% | 1.7% |
| 30 Day | -11.6% | -8.9% | -4.8% |
| 90 Day | -14.6% | 4.0% | 3.4% |
| 1 Year | -38.9%-39.8% | 2.3%-0.7% | 0.7%-2.9% |
| 3 Year | -6.6%-9.7% | -3.1%-10.7% | 15.3%3.6% |
| 5 Year | 106.6%90.9% | 82.3%58.3% | 15.9%-3.5% |
Price Volatility Vs. Market
How volatile is Nanjing Sample Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall St
Is Nanjing Sample Technology Company Limited's (HKG:1708) 8.7% ROE Better Than Average?2 weeks ago | Simply Wall St
Do Institutions Own Nanjing Sample Technology Company Limited (HKG:1708) Shares?Valuation
Is Nanjing Sample Technology undervalued compared to its fair value and its price relative to the market?
18.66x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 1708 (HK$5.04) is trading above our estimate of fair value (HK$3.18)
Significantly Below Fair Value: 1708 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1708 is poor value based on its PE Ratio (18.7x) compared to the Electronic industry average (9.1x).
PE vs Market: 1708 is poor value based on its PE Ratio (18.7x) compared to the Hong Kong market (10.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1708's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1708 is overvalued based on its PB Ratio (1.8x) compared to the HK Electronic industry average (0.9x).
Next Steps
Future Growth
How is Nanjing Sample Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
24.5%
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 Nanjing Sample Technology 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
- Take a look at our analysis of 1708’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Nanjing Sample Technology 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 Nanjing Sample Technology performed over the past 5 years?
9.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1708 has high quality earnings.
Growing Profit Margin: 1708's current net profit margins (10.6%) are lower than last year (13.6%).
Past Earnings Growth Analysis
Earnings Trend: 1708's earnings have grown by 9.9% per year over the past 5 years.
Accelerating Growth: 1708's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1708 had negative earnings growth (-18.4%) over the past year, making it difficult to compare to the Electronic industry average (-11.5%).
Return on Equity
High ROE: 1708's Return on Equity (8.7%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Nanjing Sample Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 1708's short term assets (CN¥3.6B) exceed its short term liabilities (CN¥2.3B).
Long Term Liabilities: 1708's short term assets (CN¥3.6B) exceed its long term liabilities (CN¥462.6M).
Debt to Equity History and Analysis
Debt Level: 1708's debt to equity ratio (60%) is considered high.
Reducing Debt: 1708's debt to equity ratio has increased from 44% to 60% over the past 5 years.
Debt Coverage: 1708's debt is not well covered by operating cash flow (11.7%).
Interest Coverage: 1708's interest payments on its debt are well covered by EBIT (4.7x coverage).
Balance Sheet
Inventory Level: 1708 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 1708's debt is covered by short term assets (assets are 2.9x debt).
Next Steps
Dividend
What is Nanjing Sample Technology's current dividend yield, its reliability and sustainability?
2.21%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 1708's dividend (2.21%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.27%).
High Dividend: 1708's dividend (2.21%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.34%).
Stability and Growth of Payments
Stable Dividend: 1708's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1708's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (41.2%), 1708's dividend payments are well 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?
5.8yrs
Average management tenure
CEO
Xiang Zhu (42yo)
CN¥385,451
Compensation
Mr. Xiang Zhu serves as the Chief Executive Officer and President of Nanjing Sample Technology Company Ltd (“Company”). He obtained a MBA degree from Nanjing University in June 2006. He joined Hainan Airli ...
CEO Compensation Analysis
Compensation vs Market: Xiang's total compensation ($USD0.00) is below average for companies of similar size in the Hong Kong market ($USD338.66K).
Compensation vs Earnings: Xiang's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 0yrs | CN¥632.83k | 0.43% CN¥17.2m | |
| VP & CFO | 5.8yrs | CN¥524.02k | no data | |
| VP & Executive Director | 0.8yrs | CN¥660.77k | no data | |
| Secretary to the Board of Directors | 5.8yrs | CN¥414.60k | no data | |
| CEO, President & Executive Director | 0yrs | CN¥385.45k | no data | |
| Company Secretary | 0yrs | no data | no data |
5.8yrs
Average Tenure
42yo
Average Age
Experienced Management: 1708's management team is seasoned and experienced (5.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 0yrs | CN¥632.83k | 0.43% CN¥17.2m | |
| VP & Executive Director | 0.8yrs | CN¥660.77k | no data | |
| CEO, President & Executive Director | 0yrs | CN¥385.45k | no data | |
| Vice Chairman | 0yrs | CN¥637.26k | no data | |
| Supervisor | 16.5yrs | CN¥10.00k | no data | |
| Chairman of the Supervisors | 0yrs | CN¥10.00k | no data | |
| Independent Non-Executive Director | 0.8yrs | no data | no data | |
| Independent Non-Executive Director | 3.8yrs | CN¥37.50k | no data | |
| Employee Supervisor | 3.8yrs | no data | no data | |
| Independent Non-Executive Director | 2.8yrs | CN¥37.50k | no data |
3.8yrs
Average Tenure
51.5yo
Average Age
Experienced Board: 1708's board of directors are considered experienced (3.8 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.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Nanjing Sample Technology Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Nanjing Sample Technology Company Limited
- Ticker: 1708
- Exchange: SEHK
- Founded:
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: HK$4.039b
- Shares outstanding: 792.06m
- Website: https://www.sampletech.cn
Number of Employees
Location
- Nanjing Sample Technology Company Limited
- Sample Technology Park
- No. 10 Maqun Avenue
- Nanjing
- Jiangsu Province
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 1708 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Jun 2004 |
Biography
Nanjing Sample Technology Company Limited, together with its subsidiaries, provides visual identification and radio frequency identification (RFID) solutions to intelligent transportation, customs logistics, and other application areas in the People’s Republic of China. The company’s RFID products include antennas, issuing machines, readers, and labels; and intelligent systems comprise temperature monitors, electronic labels using RFID chips, intelligent turnover boxes, and intelligent security locks. It also provides traffic related solutions, such as telematics services consisting of real-time traffic, parking guidance, and traffic information services; Traffic365 for real-time traffic road conditions, real-time surveillance cameras, peripheral inquiry, and travel planning uses; Traffic online, a portal service for the public to offer traffic information, travel planning, real-time traffic, POI query, and other professional services; and vehicle electronic cards. In addition, the company provides logistics bayonet system integration, customs logistics platform system software, pier (yard) job management system software, integrated information management platform, and bonded warehousing platform solutions; and urban intelligent transportation platform, as well as urban intelligent transportation systems, such as Bayonet-type electronic police, police check stop announcement, mobile vehicles series inspection, and road vehicle intelligent monitoring and recording systems. Further, it offers commodity credit and food safety information platforms, as well as Cloud Escort that provides on-road visual tracking services for the logistics industry. The company is headquartered in Nanjing, the People’s Republic of China. Nanjing Sample Technology Company Limited is a subsidiary of Nanjing Sample Technology Group Company Limited.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/17 12:32 |
| End of Day Share Price | 2020/02/17 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.