SIM Technology Group
SIM Technology Group Limited, an investment holding company, operates in the mobile communication and Internet of Things (IOT) industry. The last earnings update was 24 days ago. More info.
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- SIM Technology Group has significant price volatility in the past 3 months.
2000 Share Price and Events
7 Day Returns
1 Year Returns
2000 Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| SIM Technology Group (2000) | -6.3% | -1.7% | -21.3% | -32.2% | -15.7% | -16.9% |
| HK Communications | -6.6% | -14.4% | -12.8% | -29.8% | 18.8% | -3% |
| HK Market | -2.5% | -8.6% | -2.1% | -15.9% | 25.4% | 7.8% |
1 Year Return vs Industry and Market
- 2000 underperformed the Communications industry which returned -29.8% over the past year.
- 2000 underperformed the Market in Hong Kong which returned -15.9% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
SIM Technology Group
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for SIM Technology Group.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Extrapolated from most recent financials. | See below |
| Discount Rate (Cost of Equity) | See below | 9.5% |
| Perpetual Growth Rate | 10-Year HK Government Bond Rate | 2% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year HK Govt Bond Rate | 2% |
| Equity Risk Premium | S&P Global | 6.7% |
| Communications Unlevered Beta | Simply Wall St/ S&P Global | 1.07 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.071 (1 + (1- 25%) (15.45%)) |
1.13 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.13 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (1.13 * 6.65%) |
9.52% |
Discounted Cash Flow Calculation for SEHK:2000 using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for SIM Technology Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (HKD, Millions) | Source |
Present Value Discounted (@ 9.52%) |
|
|---|---|---|---|
| 2019 | 22.17 | Est @ -47.78% | 20.25 |
| 2020 | 14.89 | Est @ -32.84% | 12.41 |
| 2021 | 11.56 | Est @ -22.39% | 8.80 |
| 2022 | 9.82 | Est @ -15.07% | 6.82 |
| 2023 | 8.84 | Est @ -9.95% | 5.61 |
| 2024 | 8.28 | Est @ -6.36% | 4.80 |
| 2025 | 7.96 | Est @ -3.85% | 4.21 |
| 2026 | 7.79 | Est @ -2.1% | 3.76 |
| 2027 | 7.72 | Est @ -0.87% | 3.41 |
| 2028 | 7.72 | Est @ -0.01% | 3.11 |
| Present value of next 10 years cash flows | HK$73.18 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= HK$7.72 × (1 + 2%) ÷ (9.52% – 2%) |
HK$104.79 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= HK$104.79 ÷ (1 + 9.52%)10 |
HK$42.21 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= HK$73.18 + HK$42.21 |
HK$115.38 |
| Equity Value per Share (HKD) |
= Total value / Shares Outstanding
= HK$115.38 / 2,491.72 |
HK$0.05 |
| Calculation | Result | |
|---|---|---|
| Value per share (HKD) | From above. | HK$0.05 |
| Current discount | Discount to share price of
HK$0.30
= -1 x (HK$0.30 - HK$0.05) / HK$0.05 |
-537% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
- The current share price of SIM Technology Group is above its future cash flow value.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for SIM Technology Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
SIM Technology Group's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in HKD | HK$0.09 |
| SEHK:2000 Share Price ** | SEHK (2019-05-17) in HKD | HK$0.3 |
| Hong Kong Communications Industry PE Ratio | Median Figure of 14 Publicly-Listed Communications Companies | 11.47x |
| Hong Kong Market PE Ratio | Median Figure of 1,476 Publicly-Listed Companies | 11.17x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of SIM Technology Group.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = SEHK:2000 Share Price ÷ EPS (both in HKD) = 0.3 ÷ 0.09 |
3.16x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- SIM Technology Group is good value based on earnings compared to the HK Communications industry average.
- SIM Technology Group is good value based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does
SIM Technology Group's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 3.16x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts |
12.6%per year |
| Asia Communications Industry PEG Ratio | Median Figure of 9 Publicly-Listed Communications Companies | 0.83x |
| Hong Kong Market PEG Ratio | Median Figure of 463 Publicly-Listed Companies | 0.79x |
*Line of best fit is calculated by linear regression .
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to calculate PEG ratio for SIM Technology Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on
SIM Technology Group's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in HKD | HK$0.86 |
| SEHK:2000 Share Price * | SEHK (2019-05-17) in HKD | HK$0.3 |
| Hong Kong Communications Industry PB Ratio | Median Figure of 25 Publicly-Listed Communications Companies | 1.11x |
| Hong Kong Market PB Ratio | Median Figure of 2,155 Publicly-Listed Companies | 0.97x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = SEHK:2000 Share Price ÷ Book Value per Share (both in HKD) = 0.3 ÷ 0.86 |
0.34x |
* Primary Listing of SIM Technology Group.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- SIM Technology Group is good value based on assets compared to the HK Communications industry average.
Value checks
We assess SIM Technology Group's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Communications industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Communications industry average (and greater than 0)? (1 check) SIM Technology Group has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
- No analysts cover SIM Technology Group, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- SIM Technology Group's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
- SIM Technology Group's earnings growth is expected to exceed the Hong Kong market average.
- Unable to compare SIM Technology Group's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| SEHK:2000 Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts | 12.6% |
| Hong Kong Communications Industry Earnings Growth Rate | Market Cap Weighted Average | 7.1% |
| Hong Kong Communications Industry Revenue Growth Rate | Market Cap Weighted Average | 8.7% |
| Hong Kong Market Earnings Growth Rate | Market Cap Weighted Average | 11.4% |
| Hong Kong Market Revenue Growth Rate | Market Cap Weighted Average | 10.7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Date (Data in HKD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 2,312 | 250 | 238 |
| 2018-09-30 | 2,835 | 315 | 322 |
| 2018-06-30 | 3,358 | 379 | 406 |
| 2018-03-31 | 3,308 | 379 | 259 |
| 2017-12-31 | 3,259 | 380 | 112 |
| 2017-09-30 | 3,043 | 286 | 97 |
| 2017-06-30 | 2,828 | 193 | 82 |
| 2017-03-31 | 2,776 | 202 | 80 |
| 2016-12-31 | 2,724 | 211 | 77 |
| 2016-09-30 | 3,061 | 255 | 78 |
| 2016-06-30 | 3,398 | 300 | 79 |
| 2016-03-31 | 3,298 | 231 | 72 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (4 months ago) | See Below |
| Future Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
All data from SIM Technology Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in HKD Millions) | EPS * |
|---|---|
| 2018-12-31 | 0.09 |
| 2018-09-30 | 0.13 |
| 2018-06-30 | 0.16 |
| 2018-03-31 | 0.10 |
| 2017-12-31 | 0.04 |
| 2017-09-30 | 0.04 |
| 2017-06-30 | 0.03 |
| 2017-03-31 | 0.03 |
| 2016-12-31 | 0.03 |
| 2016-09-30 | 0.03 |
| 2016-06-30 | 0.03 |
| 2016-03-31 | 0.03 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Unable to establish if SIM Technology Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
Future performance checks
We assess SIM Technology Group's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
SIM Technology Group has a total score of 2/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has SIM Technology Group performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- SIM Technology Group has delivered over 20% year on year earnings growth in the past 5 years.
- SIM Technology Group's 1-year earnings growth exceeds its 5-year average (113.2% vs 67.9%)
- SIM Technology Group's earnings growth has exceeded the HK Communications industry average in the past year (113.2% vs 8.5%).
Earnings and Revenue History
All data from SIM Technology Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in HKD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 2,312.23 | 238.01 | 234.55 | 52.24 |
| 2018-09-30 | 2,835.14 | 322.01 | 255.58 | 66.57 |
| 2018-06-30 | 3,358.05 | 406.01 | 277.46 | 80.91 |
| 2018-03-31 | 3,308.28 | 258.83 | 272.07 | 85.78 |
| 2017-12-31 | 3,258.52 | 111.65 | 265.82 | 90.64 |
| 2017-09-30 | 3,043.14 | 96.80 | 258.84 | 95.60 |
| 2017-06-30 | 2,827.75 | 81.95 | 251.86 | 100.56 |
| 2017-03-31 | 2,776.07 | 79.61 | 256.49 | 101.38 |
| 2016-12-31 | 2,724.39 | 77.28 | 261.11 | 102.20 |
| 2016-09-30 | 3,061.28 | 78.24 | 255.09 | 110.44 |
| 2016-06-30 | 3,398.18 | 79.19 | 249.08 | 118.68 |
| 2016-03-31 | 3,297.73 | 71.92 | 240.14 | 133.77 |
| 2015-12-31 | 3,197.29 | 64.65 | 231.19 | 148.87 |
| 2015-09-30 | 2,874.52 | 50.05 | 226.30 | 146.19 |
| 2015-06-30 | 2,551.75 | 35.46 | 221.41 | 143.52 |
| 2015-03-31 | 2,452.05 | 29.71 | 204.45 | 143.85 |
| 2014-12-31 | 2,352.35 | 23.97 | 187.49 | 144.18 |
| 2014-09-30 | 2,103.60 | -42.15 | 187.91 | 154.36 |
| 2014-06-30 | 1,854.85 | -108.26 | 188.32 | 164.55 |
| 2014-03-31 | 1,785.46 | -173.73 | 197.74 | 183.08 |
| 2013-12-31 | 1,716.08 | -239.20 | 207.16 | 201.62 |
| 2013-09-30 | 2,055.64 | -201.77 | 201.91 | 201.66 |
| 2013-06-30 | 2,395.19 | -164.35 | 196.65 | 201.70 |
| 2013-03-31 | 2,660.26 | -130.51 | 203.12 | 193.06 |
| 2012-12-31 | 2,925.32 | -96.67 | 209.58 | 184.42 |
| 2012-09-30 | 3,155.38 | -80.84 | 216.41 | 191.82 |
| 2012-06-30 | 3,385.45 | -65.01 | 223.24 | 199.22 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- SIM Technology Group has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- SIM Technology Group used its assets less efficiently than the HK Communications industry average last year based on Return on Assets.
- It is difficult to establish if SIM Technology Group improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
Past performance checks
We assess SIM Technology Group's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Communications industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
SIM Technology Group has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is SIM Technology Group's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up SIM Technology Group's finances.
The net worth of a company is the difference between its assets and liabilities.
- SIM Technology Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- SIM Technology Group's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- High level of physical assets or inventory.
- Debt is covered by short term assets, assets are 16.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from SIM Technology Group Company Filings, last reported 4 months ago.
| Date (Data in HKD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 2,222.44 | 113.58 | 666.05 |
| 2018-09-30 | 2,222.44 | 113.58 | 666.05 |
| 2018-06-30 | 2,370.69 | 118.03 | 593.90 |
| 2018-03-31 | 2,370.69 | 118.03 | 593.90 |
| 2017-12-31 | 2,223.29 | 225.26 | 417.09 |
| 2017-09-30 | 2,223.29 | 225.26 | 417.09 |
| 2017-06-30 | 2,113.42 | 199.48 | 265.19 |
| 2017-03-31 | 2,113.42 | 199.48 | 265.19 |
| 2016-12-31 | 2,132.55 | 335.60 | 249.13 |
| 2016-09-30 | 2,132.55 | 335.60 | 249.13 |
| 2016-06-30 | 2,026.72 | 205.28 | 245.69 |
| 2016-03-31 | 2,026.72 | 205.28 | 245.69 |
| 2015-12-31 | 1,998.38 | 337.02 | 298.39 |
| 2015-09-30 | 1,998.38 | 337.02 | 298.39 |
| 2015-06-30 | 2,025.44 | 383.65 | 366.48 |
| 2015-03-31 | 2,025.44 | 383.65 | 366.48 |
| 2014-12-31 | 1,998.45 | 318.96 | 333.20 |
| 2014-09-30 | 1,998.45 | 318.96 | 333.20 |
| 2014-06-30 | 1,945.82 | 320.33 | 210.32 |
| 2014-03-31 | 1,945.82 | 320.33 | 210.32 |
| 2013-12-31 | 1,959.05 | 191.80 | 287.44 |
| 2013-09-30 | 1,959.05 | 191.80 | 287.44 |
| 2013-06-30 | 2,069.38 | 268.88 | 374.54 |
| 2013-03-31 | 2,069.38 | 268.88 | 374.54 |
| 2012-12-31 | 2,171.87 | 50.77 | 1,019.17 |
| 2012-09-30 | 2,171.87 | 50.77 | 1,019.17 |
| 2012-06-30 | 2,005.12 | 438.45 | 352.60 |
- SIM Technology Group's level of debt (5.1%) compared to net worth is satisfactory (less than 40%).
- The level of debt compared to net worth has been reduced over the past 5 years (9.9% vs 5.1% today).
- Debt is well covered by operating cash flow (220.4%, greater than 20% of total debt).
- Unable to confirm if the interest payments on SIM Technology Group's debt are well covered by earnings due to lack of past financial data.
Financial health checks
We assess SIM Technology Group's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) SIM Technology Group has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is SIM Technology Group's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
HK$2,000 of
SIM Technology Group
shares you are expected to receive
HK$0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate SIM Technology Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate SIM Technology Group's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 0 Analyst Estimates (S&P Global) | See Below |
| Hong Kong Communications Industry Average Dividend Yield | Market Cap Weighted Average of 10 Stocks | 4% |
| Hong Kong Market Average Dividend Yield | Market Cap Weighted Average of 968 Stocks | 3.6% |
| Hong Kong Minimum Threshold Dividend Yield | 10th Percentile | 1.2% |
| Hong Kong Bottom 25% Dividend Yield | 25th Percentile | 2.1% |
| Hong Kong Top 25% Dividend Yield | 75th Percentile | 5.7% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in HK$) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-04-25 | 0.000 | 0.000 |
| 2019-03-21 | 0.000 | 0.000 |
| 2018-04-26 | 0.016 | 4.979 |
| 2018-03-22 | 0.016 | 4.451 |
| 2017-04-27 | 0.010 | 2.547 |
| 2017-03-30 | 0.010 | 2.760 |
| 2013-04-24 | 0.000 | 0.000 |
| 2013-03-21 | 0.000 | 0.000 |
| 2012-09-17 | 0.000 | 0.000 |
| 2012-08-21 | 0.000 | 0.000 |
| 2012-03-22 | 0.000 | 0.000 |
| 2011-08-19 | 0.040 | 5.798 |
| 2011-03-03 | 0.060 | 5.433 |
| 2010-09-08 | 0.047 | 2.995 |
| 2010-03-17 | 0.030 | 1.730 |
| 2009-08-21 | 0.018 | 1.738 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as SIM Technology Group has not reported any payouts.
- Unable to verify if SIM Technology Group's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess SIM Technology Group's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can SIM Technology Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) SIM Technology Group has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | HK$1,286,000 |
| AGE | 46 |
| TENURE AS CEO | 4.7 years |
CEO Bio
Mr. Jun Liu has been the Chief Executive Officer at SIM Technology Group Ltd. since September 2014. Mr. Liu joined SIM Technology in 2009 after the acquisition by SIM Technology of (Smartwireless Technology Limited), a company founded by Mr. Liu in 2007. Prior to this, he served as the Chief Technical Officer of SIM Technology Group and was responsible for the management of the product and technology platform of the Group. He has extensive experience in the field of telecommunication technology and software programmes development. Prior to joining SIM Technology Group, he has worked for the mobile research and development centre of Motorola in Beijing and was responsible for the development of telecommunication software programmes. Mr. Liu has also worked for China Techfaith Wireless Communication Technology Limited from August 2002 to March 2007, in various positions including as a Director, Chief Operating Officer and Executive Senior Vice President. He has been Executive Director of SIM Technology Group Ltd. since June 4, 2015. Mr. Liu holds a bachelor's degree in electronic engineering from Tianjin University in 1994 and was awarded the master's degree in information technology from Nanjing Institute of Post and Telecommunications (now Nanjing University of Post and Telecommunications) in 1997.
CEO Compensation
- Jun's compensation has been consistent with company performance over the past year.
- Jun's remuneration is about average for companies of similar size in Hong Kong.
Management Team
Man Ying Yeung
Chairman of the Board
73
Jun Liu
CEO & Executive Director
HK$1M
46
4.7 yrs
Cho Tung Wong
President & Executive Director
73
Rongrong Tang
VP of the Business Operation Headquarter & Executive Director
HK$839K
64
Chi Yin Chan
CFO & Company Secretary
39
0.9 yrs
Board of Directors Tenure
Average tenure and age of the SIM Technology Group board of directors in years:
- The tenure for the SIM Technology Group board of directors is about average.
Board of Directors
Man Ying Yeung
Chairman of the Board
73
Jun Liu
CEO & Executive Director
HK$1M
46
3.9 yrs
Cho Tung Wong
President & Executive Director
73
14.5 yrs
Rongrong Tang
VP of the Business Operation Headquarter & Executive Director
HK$839K
64
14.3 yrs
Hing Hung Liu
Independent Non-Executive Director
HK$156K
55
10.7 yrs
Tianmiao Wang
Independent Non-Executive Director
HK$110K
58
2.1 yrs
Zhe Wu
Independent Non-Executive Director
HK$110K
61
2.1 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (HK$) | Value (HK$) | |
|---|---|---|---|---|---|---|---|---|---|---|
Management checks
We assess SIM Technology Group's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) SIM Technology Group has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
News
Simply Wall St News
SIM Technology Group Limited (HKG:2000): Has Recent Earnings Growth Beaten Long-Term Trend?
For investors with a long-term horizon, assessing earnings trend over time and against industry benchmarks is more valuable than looking at a single earnings announcement in one point in time. … Investors may find my commentary, albeit very high-level and brief, on SIM Technology Group Limited (HKG:2000) useful as an attempt to give more color around how SIM Technology Group is currently performing. … How 2000 fared against its long-term earnings performance and its industry
Simply Wall St - – Full articleWhat does SIM Technology Group Limited's (HKG:2000) Balance Sheet Tell Us About Its Future?
SIM Technology Group Limited (HKG:2000) is a small-cap stock with a market capitalization of HK$805.50m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is
Simply Wall St - – Full articleBe Careful About Buying SIM Technology Group Limited (HKG:2000) For The 4.85% Dividend
A large part of investment returns can be generated by dividend-paying stock given their role in compounding returns over time. … In the past 10 years SIM Technology Group Limited (HKG:2000) has returned an average of 3.00% per year to investors in the form of dividend payouts. … Let's take a look at SIM Technology Group in more detail.
Simply Wall St - – Full articleWith An ROE Of 4.61%, Can SIM Technology Group Limited (HKG:2000) Catch Up To The Industry?
This analysis is intended to introduce important early concepts to people who are starting to invest. … and want to better understand how you can grow your money by investing in SIM Technology Group Limited (HKG:2000). … SIM Technology Group Limited’s (HKG:2000) most recent return on equity was a substandard 4.61% relative to its industry performance of 10.06% over the past year.
Simply Wall St - – Full articleInterested In SIM Technology Group Limited (HGK:2000)’s Upcoming HK$00.056 Dividend? You Have 2 Days Left
To qualify for the dividend check of HK$0.056 per share, investors must have owned the shares prior to 11 June 2018, which is the last day the company's management will finalize their list of shareholders to which they will send dividend payments. … Investors looking for higher income-generating stocks to add to their portfolio should keep reading, as I take a deeper dive into SIM Technology Group's latest financial data to analyse its dividend attributes. … When researching a dividend stock, I always follow the following screening criteria:
Simply Wall St - – Full articleIs Buying SIM Technology Group Limited (HKG:2000) For Its Upcoming $0.06 Dividend A Good Choice?
See our latest analysis for SIM Technology Group How I analyze a dividend stock If you are a dividend investor, you should always assess these five key metrics: Is it the top 25% annual dividend yield payer? … SEHK:2000 Historical Dividend Yield Jun 8th 18 How does SIM Technology Group fare? … Relative to peers, SIM Technology Group produces a yield of 3.48%, which is high for Communications stocks but still below the market's top dividend payers.
Simply Wall St - – Full articleCompany Info
Description
SIM Technology Group Limited, an investment holding company, operates in the mobile communication and Internet of Things (IOT) industry. It operates through five segments: Handsets and IOT Terminals Business, Wireless Communication Modules Business, Internet of Things System and Online-to-Offline Business, Intelligent Manufacturing Business, and Property Development. The company offers handsets and IOT terminals; and 2G, 3G, and 4G wireless communication modules and global navigation satellite system modules. It also provides various types of cloud system solutions with a back-end software system; and online-to-offline cloud trading platform to vending machine operators. In addition, it offers automated equipment based on integrated robotic applications; optical system products, which are focusing on machine vision and artificial intelligence technology to replace various visual inspection workers in the production line; and back-end software to replace or assist simple and straightforward computer operations for a white-collar worker in manufacturing or supply chain management. Further, the company offers capacitor panels and LCD modules for mobile phones and portable devices; wireless modules; and original design manufacturer and operation service, as well as engages in the property development activities. Additionally, it engages in the provision of administrative and finance lease services; building design and construction of smart homes; development of automated test equipment and software; and trading of snacks. SIM Technology Group Limited was founded in 1986 and is based in Kwun Tong, Hong Kong.
Details
| Name: | SIM Technology Group Limited |
| 2000 | |
| Exchange: | SEHK |
| Founded: | 1986 |
| HK$735,056,308 | |
| 2,491,716,300 | |
| Website: | http://www.sim.com |
| Address: |
SIM Technology Group Limited Billion Trade Centre, Unit 1206, 12th Floor, Kwun Tong, Kowloon, Hong Kong |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| SEHK | 2000 | Ordinary Shares | The Stock Exchange of Hong Kong Ltd. | HK | HKD | 30. Jun 2005 | |
| OTCPK | SIMT.F | Ordinary Shares | Pink Sheets LLC | US | USD | 30. Jun 2005 | |
| TSEC | 912000 | TDR EACH REPR 2 SHS | Taiwan Stock Exchange | TW | TWD | 25. Apr 2011 |
Number of employees
Current staff
Industry
| Communications Equipment | |
| Tech |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/05/19 12:47 |
| End of day share price update: | 2019/05/17 00:00 |
| Last earnings filing: | 2019/04/25 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
