SEHK:2000

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SIM Technology Group

Executive Summary

SIM Technology Group Limited, an investment holding company, primarily designs, develops, manufactures, and sells handsets and Internet of Things (IOT) terminals. More Details


Snowflake Analysis

Excellent balance sheet and fair value.


Similar Companies

Share Price & News

How has SIM Technology Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2000 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 2000's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

4.7%

2000

26.6%

HK Communications

3.6%

HK Market


1 Year Return

26.4%

2000

58.1%

HK Communications

15.8%

HK Market

Return vs Industry: 2000 underperformed the Hong Kong Communications industry which returned 58.1% over the past year.

Return vs Market: 2000 exceeded the Hong Kong Market which returned 15.8% over the past year.


Shareholder returns

2000IndustryMarket
7 Day4.7%26.6%3.6%
30 Day3.1%29.2%12.7%
90 Day-18.3%28.5%18.3%
1 Year26.4%26.4%61.7%58.1%20.4%15.8%
3 Year-3.7%-18.3%16.3%7.1%-4.5%-14.6%
5 Year25.1%3.1%222.3%176.3%66.1%37.9%

Long-Term Price Volatility Vs. Market

How volatile is SIM Technology Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is SIM Technology 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: 2000 (HK$0.34) is trading below our estimate of fair value (HK$1.72)

Significantly Below Fair Value: 2000 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2000 is unprofitable, so we can't compare its PE Ratio to the HK Communications industry average.

PE vs Market: 2000 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 2000's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2000 is good value based on its PB Ratio (0.4x) compared to the HK Communications industry average (0.9x).


Next Steps

Future Growth

How is SIM Technology Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.3%

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 SIM Technology 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

Past Performance

How has SIM Technology Group performed over the past 5 years?

-16.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2000 is currently unprofitable.

Growing Profit Margin: 2000 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 2000 is unprofitable, and losses have increased over the past 5 years at a rate of 16.3% per year.

Accelerating Growth: Unable to compare 2000's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2000 is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-13%).


Return on Equity

High ROE: 2000 has a negative Return on Equity (-1.37%), as it is currently unprofitable.


Next Steps

Financial Health

How is SIM Technology Group's financial position?


Financial Position Analysis

Short Term Liabilities: 2000's short term assets (HK$1.7B) exceed its short term liabilities (HK$562.5M).

Long Term Liabilities: 2000's short term assets (HK$1.7B) exceed its long term liabilities (HK$167.7M).


Debt to Equity History and Analysis

Debt Level: 2000's debt to equity ratio (3%) is considered satisfactory.

Reducing Debt: 2000's debt to equity ratio has reduced from 18.9% to 3% over the past 5 years.

Debt Coverage: 2000's debt is well covered by operating cash flow (522.3%).

Interest Coverage: Insufficient data to determine if 2000's interest payments on its debt are well covered by EBIT.


Balance Sheet


Next Steps

Dividend

What is SIM Technology Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 2000's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 2000's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 2000's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2000's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 2000 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 2000's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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

0.08yrs

Average management tenure


CEO

Jun Gao (50 yo)

0.083

Tenure

Mr. Jun Gao has been Chief Executive Officer of SIM Technology Group Limited since December 22, 2020. He worked for Shenzhen Huawei Technology Co., Ltd. From 1995 to 2003, he worked in various capacities a...


Leadership Team

NamePositionTenureCompensationOwnership
Jun Liu
Executive Director & Chief Technical Officer5.58yrsHK$1.27m0.042%
HK$ 335.0k
Man Ying Yeung
Executive Chairman of the Boardno datano data0.14%
HK$ 1.1m
Jun Gao
Chief Executive Officer0.083yrno datano data
Cho Tung Wong
President & Executive Director16.17yrsno data20.2%
HK$ 159.9m
Chi Yin Chan
CFO & Company Secretary2.58yrsno datano data

0.08yrs

Average Tenure

50yo

Average Age

Experienced Management: 2000's management team is not considered experienced ( 0.1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jun Liu
Executive Director & Chief Technical Officer5.58yrsHK$1.27m0.042%
HK$ 335.0k
Man Ying Yeung
Executive Chairman of the Boardno datano data0.14%
HK$ 1.1m
Cho Tung Wong
President & Executive Director16.17yrsno data20.2%
HK$ 159.9m
Hing Hung Liu
Independent Non-Executive Director12.33yrsHK$156.00kno data
Tianmiao Wang
Independent Non-Executive Director3.75yrsHK$156.00kno data
Zhe Wu
Independent Non-Executive Director3.75yrsHK$156.00kno data

5.6yrs

Average Tenure

61.5yo

Average Age

Experienced Board: 2000's board of directors are considered experienced (5.6 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.


Ownership Breakdown

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


Top Shareholders

Company Information

SIM Technology Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: SIM Technology Group Limited
  • Ticker: 2000
  • Exchange: SEHK
  • Founded: 1986
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: HK$791.453m
  • Shares outstanding: 2.36b
  • Website: https://www.sim.com

Number of Employees


Location

  • SIM Technology Group Limited
  • Billion Trade Centre
  • Unit 1206
  • Kwun Tong
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2000SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 2005
SIMT.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2005
912000TSEC (Taiwan Stock Exchange)TDR EACH REPR 2 SHSTWTWDApr 2011

Biography

SIM Technology Group Limited, an investment holding company, primarily designs, develops, manufactures, and sells handsets and Internet of Things (IOT) terminals. It operates through six segments: Handsets...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/01/24 10:04
End of Day Share Price2021/01/22 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.