SEHK:2086

Stock Analysis Report

HNA Technology Investments Holdings

Executive Summary

HNA Technology Investments Holdings Limited, an investment holding company, develops, sells, and distributes smart card products, software, and hardware in the People’s Republic of China, the United States, Fiji, Japan, the Philippines, and internationally.

Rewards

Trading at 21.6% below its fair value

Risk Analysis

Earnings have declined by -61% per year over past 5 years

Highly volatile share price over past 3 months

Does not have a meaningful market cap (HK$155M)



Snowflake Analysis

Flawless balance sheet and slightly overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 2086's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.0%

2086

0.5%

HK Tech

0.6%

HK Market


1 Year Return

-80.6%

2086

6.3%

HK Tech

-4.5%

HK Market

Return vs Industry: 2086 underperformed the Hong Kong Tech industry which returned 6.3% over the past year.

Return vs Market: 2086 underperformed the Hong Kong Market which returned -4.5% over the past year.


Shareholder returns

2086IndustryMarket
7 Day-3.0%0.5%0.6%
30 Day-25.4%-5.5%-5.2%
90 Day-19.2%28.1%2.3%
1 Year-80.6%-80.6%7.4%6.3%-1.0%-4.5%
3 Year-81.7%-81.7%-21.1%-26.3%14.4%2.9%
5 Year-51.5%-54.2%-34.3%-47.5%15.5%-3.8%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is HNA Technology Investments Holdings undervalued compared to its fair value and its price relative to the market?

21.6%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 2086 (HK$0.49) is trading below our estimate of fair value (HK$0.62)

Significantly Below Fair Value: 2086 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 2086 is unprofitable, so we can't compare its PE Ratio to the Tech industry average.

PE vs Market: 2086 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 2086's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 2086 is overvalued based on its PB Ratio (1.2x) compared to the HK Tech industry average (1.1x).


Next Steps

Future Growth

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

21.8%

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 HNA Technology Investments Holdings 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 HNA Technology Investments Holdings performed over the past 5 years?

-61.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 2086 is currently unprofitable.

Growing Profit Margin: 2086 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 2086 is unprofitable, and losses have increased over the past 5 years at a rate of -61% per year.

Accelerating Growth: Unable to compare 2086's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 2086 is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (21.5%).


Return on Equity

High ROE: 2086 has a negative Return on Equity (-13.3%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is HNA Technology Investments Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 2086's short term assets (HK$96.5M) exceed its short term liabilities (HK$19.2M).

Long Term Liabilities: 2086's short term assets (HK$96.5M) exceed its long term liabilities (HK$2.1M).


Debt to Equity History and Analysis

Debt Level: 2086 is debt free.

Reducing Debt: 2086 has no debt compared to 5 years ago when its debt to equity ratio was 27.9%.


Balance Sheet

Inventory Level: 2086 has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 2086's debt is covered by short term assets.


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: 2086 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: 2086 has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

What is HNA Technology Investments Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%2.3%markettop25%6.4%industryaverage3.7%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 2086's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 2086'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 2086's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 2086's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 2086 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 2086'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?

0.6yrs

Average management tenure


CEO

Zhi Peng (40yo)

0.5yrs

Tenure

0

Mr. Zhi Peng serves as an Executive Director of HNA Technology Investments Holdings Limited since December 20, 2019 and has been its Chief Executive Officer since August 5, 2019. Mr. Peng serves as a Finan ...


Leadership Team

NamePositionTenureCompensationOwnership
Chi Ho Wong
Compliance Officer & Executive Director4.9yrsHK$1.22mno data
Hao Jiang
Executive Chairman0.6yrsno datano data
Zhi Peng
CEO, Financial Director & Executive Director0.5yrsno datano data
Tin Chak Leung
Senior Vice President of Sales and Marketing0yrsno datano data
Yuen Yee Lai
Executive Vice President and Head of Product Marketing Department0yrsno datano data
Jie XU
Executive Director0.7yrsno datano data
Jing Wang
Executive Director0.6yrsno datano data
Ka Man Lee
Company Secretary0yrsno datano data
Yu May Suen
Financial Controller5.7yrsno datano data

0.6yrs

Average Tenure

40yo

Average Age

Experienced Management: 2086's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Chi Ho Wong
Compliance Officer & Executive Director4.9yrsHK$1.22mno data
Hao Jiang
Executive Chairman0.6yrsno datano data
Zhi Peng
CEO, Financial Director & Executive Director0.5yrsno datano data
Jie XU
Executive Director0.7yrsno datano data
Jing Wang
Executive Director0.6yrsno datano data
Tat Pang Lin
Independent Non-Executive Director2.2yrsHK$240.00kno data
Dan Guo
Independent Non-Executive Director2.7yrsHK$240.00kno data
Kin Man Kwan
Non Executive Director0.2yrsno datano data
O. Wai
Independent Non-Executive Director0.9yrsno datano data

0.7yrs

Average Tenure

40yo

Average Age

Experienced Board: 2086's board of directors are not considered experienced ( 0.7 years average tenure), which suggests a new board.


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

HNA Technology Investments Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: HNA Technology Investments Holdings Limited
  • Ticker: 2086
  • Exchange: SEHK
  • Founded: 1995
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: HK$154.989m
  • Shares outstanding: 319.57m
  • Website: https://www.hnatechinv.com

Number of Employees


Location

  • HNA Technology Investments Holdings Limited
  • Manhattan Place
  • Units 4108-4110, 41st Floor
  • Kowloon Bay
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2086SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDNov 2003

Biography

HNA Technology Investments Holdings Limited, an investment holding company, develops, sells, and distributes smart card products, software, and hardware in the People’s Republic of China, the United States, Fiji, Japan, the Philippines, and internationally. It operates through two segments, The Financial Technology and Smart Living Business, and The Financial Services and Investment Business. The company also provides smart card related services; and advisory services, including financial due diligence and business operation consultancy services. The company was formerly known as Advanced Card Systems Holdings Limited and changed its name to HNA Technology Investments Holdings Limited in August 2017. HNA Technology Investments Holdings Limited was founded in 1995 and is headquartered in Kowloon Bay, Hong Kong. HNA Technology Investments Holdings Limited is a subsidiary of HNA EcoTech Pioneer Acquisition. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 12:35
End of Day Share Price2020/02/18 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.