SEHK:2028

Stock Analysis Report

Jolimark Holdings

Executive Summary

Jolimark Holdings Limited, an investment holding company, manufactures and sells printers and other electronic products in the People’s Republic of China and internationally.

Snowflake

Fundamentals

Imperfect balance sheet and overvalued.

Share Price & News

How has Jolimark Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 2028 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

2028

-5.0%

HK Tech

-1.9%

HK Market


1 Year Return

-55.3%

2028

-27.0%

HK Tech

1.1%

HK Market

Return vs Industry: 2028 underperformed the Hong Kong Tech industry which returned -27% over the past year.

Return vs Market: 2028 underperformed the Hong Kong Market which returned 1.1% over the past year.


Shareholder returns

2028IndustryMarket
7 Day0%-5.0%-1.9%
30 Day6.3%-2.0%1.7%
90 Day-12.1%-2.2%7.0%
1 Year-55.3%-55.3%-26.4%-27.0%4.7%1.1%
3 Year-83.2%-84.0%4.7%-4.6%22.6%10.3%
5 Year-81.6%-87.8%-29.3%-43.2%19.8%-0.1%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Jolimark Holdings undervalued compared to its fair value and its price relative to the market?

0.53x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 2028's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 2028's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 2028 is unprofitable, so we can't compare its PE Ratio to the Tech industry average.

PE vs Market: 2028 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 2028's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2028 is good value based on its PB Ratio (0.5x) compared to the HK Tech industry average (1.1x).


Next Steps

  • Explore potentially undervalued companies in the Tech industry.

Future Growth

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

44.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 2028 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 2028 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 2028 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: Insufficient data to determine if 2028's revenue is forecast to grow faster than the Hong Kong market.

High Growth Revenue: Insufficient data to determine if 2028'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 2028's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Jolimark Holdings performed over the past 5 years?

-51.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2028 has a high level of non-cash earnings.

Growing Profit Margin: 2028's current net profit margins (-11.9%) are lower than last year (-1%).


Past Earnings Growth Analysis

Earnings Trend: 2028 is unprofitable, and losses have increased over the past 5 years at a rate of -51.1% per year.

Accelerating Growth: Unable to compare 2028's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2028 is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (4%).


Return on Equity

High ROE: 2028 has a negative Return on Equity (-14.47%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Jolimark Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 2028's short term assets (CN¥290.8M) exceeds its short term liabilities (CN¥184.7M)

Long Term Liabilities: 2028's short term assets (290.8M) exceeds its long term liabilities (269.0K)


Debt to Equity History and Analysis

Debt Level: 2028's debt to equity ratio (42.5%) is considered high

Reducing Debt: 2028's debt to equity ratio has increased from 22.9% to 42.5% over the past 5 years.

Debt Coverage: 2028's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 2028's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: 2028 has a high level of physical assets or inventory.

Debt Coverage by Assets: 2028's debt is covered by short term assets (assets are 2.6x debt).


Next Steps

Dividend

What is Jolimark Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.2%markettop25%6.3%industryaverage3.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 2028's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 2028'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 2028's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2028's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 2028 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 2028'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 Jolimark Holdings's salary, the management and board of directors tenure and is there insider trading?

14.4yrs

Average board tenure


CEO

Kwok Lun Au (47yo)

0yrs

Tenure

CN¥1,310,000

Compensation

Mr. Kwok Lun Au serves as the Chief Executive Officer of Jolimark Holdings Ltd. Mr. Au is primarily in charge of strategy execution and overal management of the Group. Prior to joining Jolimark Group in M ...


CEO Compensation Analysis

Compensation vs Market: Kwok Lun's total compensation ($USD187.26K) is about average for companies of similar size in the Hong Kong market ($USD216.21K).

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


Board Age and Tenure

14.4yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 2028's board of directors are seasoned and experienced ( 14.4 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.


Recent Insider Transactions

BuyCN¥489,59904 Jan 19
Pak Yin Au
EntityIndividual
Role
Chairman of the Board
Founder & Chairman
Shares1,088,000
Max PriceCN¥0.45
BuyCN¥231,19903 Jan 19
Pak Yin Au
EntityIndividual
Role
Chairman of the Board
Founder & Chairman
Shares578,000
Max PriceCN¥0.40

Ownership Breakdown

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


Management Team

  • Pak Yin Au (73yo)

    Founder & Chairman

    • Tenure: 0yrs
    • Compensation: CN¥1.71m
  • Guo Liang Ou (43yo)

    Deputy GM of Sales & Executive Director

    • Tenure: 14.4yrs
    • Compensation: CN¥539.00k
  • Kwok Lun Au (47yo)

    CEO & Executive Director

    • Tenure: 0yrs
    • Compensation: CN¥1.31m
  • Ricky Lai (45yo)

    Financial Controller & Secretary

    • Tenure: 6.3yrs

Board Members

  • Kwok Keung Yeung (72yo)

    Independent Non-Executive Director

    • Tenure: 8.3yrs
    • Compensation: CN¥203.00k
  • Yan Meng (63yo)

    Independent Non-Executive Director

    • Tenure: 14.7yrs
    • Compensation: CN¥101.00k
  • Alice Kan (64yo)

    Independent Non Executive Director

    • Tenure: 0.5yrs
  • Pak Yin Au (73yo)

    Founder & Chairman

    • Tenure: 0yrs
    • Compensation: CN¥1.71m
  • Guo Liang Ou (43yo)

    Deputy GM of Sales & Executive Director

    • Tenure: 14.4yrs
    • Compensation: CN¥539.00k
  • Kwok Lun Au (47yo)

    CEO & Executive Director

    • Tenure: 0yrs
    • Compensation: CN¥1.31m

Company Information

Jolimark Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jolimark Holdings Limited
  • Ticker: 2028
  • Exchange: SEHK
  • Founded: 2004
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: HK$156.285m
  • Shares outstanding: 612.88m
  • Website: https://www.jolimark.com

Number of Employees


Location

  • Jolimark Holdings Limited
  • Kong Yue Industrial Park
  • 18 Kong Yue Road
  • Jiangmen
  • Guangdong Province
  • 529141
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2028SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 2005
JLMK.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2005

Biography

Jolimark Holdings Limited, an investment holding company, manufactures and sells printers and other electronic products in the People’s Republic of China and internationally. It operates through Printers a ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/11/11 12:42
End of Day Share Price2019/11/08 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.