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SMIT Holdings

SEHK:2239
Snowflake Description

Moderate growth potential with mediocre balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
2239
SEHK
HK$1B
Market Cap
  1. Home
  2. HK
  3. Tech
Company description

SMIT Holdings Limited provides security devices for pay TV broadcasting access and mobile point-of-sale payment (mPOS) systems in China and internationally. The last earnings update was 43 days ago. More info.


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  • SMIT Holdings has significant price volatility in the past 3 months.
2239 Share Price and Events
7 Day Returns
-6.3%
SEHK:2239
-7.4%
HK Electronic
-2.5%
HK Market
1 Year Returns
-46.8%
SEHK:2239
-40.2%
HK Electronic
-15.9%
HK Market
2239 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
SMIT Holdings (2239) -6.3% -16.2% -16.6% -46.8% 25.6% -
HK Electronic -7.4% -18.5% -13.1% -40.2% 4.1% 20.9%
HK Market -2.5% -8.6% -3.6% -15.9% 25.4% 7.8%
1 Year Return vs Industry and Market
  • 2239 underperformed the Electronic industry which returned -40.2% over the past year.
  • 2239 underperformed the Market in Hong Kong which returned -15.9% over the past year.
Price Volatility
2239
Industry
5yr Volatility vs Market

2239 Value

 Is SMIT Holdings undervalued based on future cash flows and its price relative to the stock market?

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
  • It is not possible to calculate the future cash flow value for SMIT Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$3.58.
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 SMIT Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are SMIT Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:2239 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in USD $0.00
SEHK:2239 Share Price ** SEHK (2019-05-20) in HKD HK$3.58
SEHK:2239 Share Price converted to USD reporting currency Exchange rate (HKD/ USD) 0.127 $0.46
Hong Kong Electronic Industry PE Ratio Median Figure of 59 Publicly-Listed Electronic Companies 11.11x
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 SMIT Holdings.

SEHK:2239 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:2239 Share Price ÷ EPS (both in USD)

= 0.46 ÷ 0.00

107.21x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SMIT Holdings is overvalued based on earnings compared to the HK Electronic industry average.
  • SMIT Holdings is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does SMIT Holdings's expected growth come at a high price?
Raw Data
SEHK:2239 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 107.21x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
24.8%per year
Hong Kong Electronic Industry PEG Ratio Median Figure of 13 Publicly-Listed Electronic Companies 0.64x
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 SMIT Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on SMIT Holdings's assets?
Raw Data
SEHK:2239 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in USD $0.35
SEHK:2239 Share Price * SEHK (2019-05-20) in HKD HK$3.58
SEHK:2239 Share Price converted to USD reporting currency Exchange rate (HKD/ USD) 0.127 $0.46
Hong Kong Electronic Industry PB Ratio Median Figure of 83 Publicly-Listed Electronic Companies 1.19x
Hong Kong Market PB Ratio Median Figure of 2,155 Publicly-Listed Companies 0.97x
SEHK:2239 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:2239 Share Price ÷ Book Value per Share (both in USD)

= 0.46 ÷ 0.35

1.29x

* Primary Listing of SMIT Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SMIT Holdings is overvalued based on assets compared to the HK Electronic industry average.
X
Value checks
We assess SMIT Holdings's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. SMIT Holdings has a total score of 0/6, 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.

2239 Future Performance

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

  • No analysts cover SMIT Holdings, 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!
Annual Growth Rate
24.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is SMIT Holdings expected to grow at an attractive rate?
  • SMIT Holdings's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • SMIT Holdings's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare SMIT Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:2239 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:2239 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 24.8%
Hong Kong Electronic Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
Hong Kong Electronic Industry Revenue Growth Rate Market Cap Weighted Average 12.5%
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
Raw Data
SEHK:2239 Analysts Growth Expectations Data Sources
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 numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:2239 Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:2239 Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-12-31 41 0 1
2018-09-30 64 1 4
2018-06-30 87 1 7
2018-03-31 90 11 9
2017-12-31 92 20 11
2017-09-30 78 10 10
2017-06-30 64 1 9
2017-03-31 62 2 8
2016-12-31 59 3 8
2016-09-30 58 6 5
2016-06-30 57 9 2
2016-03-31 61 7 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • SMIT Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if SMIT Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:2239 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 SMIT Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2239 Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:2239 Past Financials Data
Date (Data in USD Millions) EPS *
2018-12-31 0.00
2018-09-30 0.01
2018-06-30 0.02
2018-03-31 0.03
2017-12-31 0.04
2017-09-30 0.03
2017-06-30 0.03
2017-03-31 0.03
2016-12-31 0.03
2016-09-30 0.02
2016-06-30 0.01
2016-03-31 0.01

*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 SMIT Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess SMIT Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
SMIT Holdings has a total score of 3/6, 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.

2239 Past Performance

  How has SMIT Holdings 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
Below we compare SMIT Holdings's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • SMIT Holdings's year on year earnings growth rate has been positive over the past 5 years, however the most recent earnings are below average.
  • SMIT Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • SMIT Holdings's 1-year earnings growth is negative, it can't be compared to the HK Electronic industry average.
Earnings and Revenue History
SMIT Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from SMIT Holdings Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:2239 Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 41.32 1.32 10.95 7.80
2018-09-30 64.36 4.04 11.05 7.99
2018-06-30 87.40 6.75 11.15 8.19
2018-03-31 89.59 8.93 10.69 7.98
2017-12-31 91.78 11.10 10.23 7.77
2017-09-30 78.05 10.06 11.63 7.42
2017-06-30 64.32 9.02 13.03 7.08
2017-03-31 61.69 8.26 13.06 6.94
2016-12-31 59.05 7.50 13.09 6.80
2016-09-30 58.23 4.81 13.54 7.11
2016-06-30 57.41 2.13 13.99 7.41
2016-03-31 61.28 2.72 14.42 7.39
2015-12-31 65.14 3.32 14.86 7.37
2015-09-30 65.04 4.58 13.48 6.86
2015-06-30 64.94 5.84 12.10 6.36
2015-03-31 60.47 5.65 12.26 6.16
2014-12-31 56.01 5.46 12.43 5.96
2013-12-31 47.18 2.67 15.72 6.99
2012-12-31 49.30 6.85 14.87 6.30

*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.
  • SMIT Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • SMIT Holdings used its assets less efficiently than the HK Electronic industry average last year based on Return on Assets.
  • It is difficult to establish if SMIT Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess SMIT Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
SMIT Holdings has a total score of 1/6, 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.

2239 Health

 How is SMIT Holdings'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 SMIT Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • SMIT Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • SMIT Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of SMIT Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 17x 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.
Raw Data

All data from SMIT Holdings Company Filings, last reported 4 months ago.

SEHK:2239 Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 112.26 5.34 54.96
2018-09-30 112.26 5.34 54.96
2018-06-30 112.61 0.00 69.05
2018-03-31 112.61 0.00 69.05
2017-12-31 114.33 0.00 87.62
2017-09-30 114.33 0.00 87.62
2017-06-30 103.94 0.00 71.98
2017-03-31 103.94 0.00 71.98
2016-12-31 99.09 0.00 69.68
2016-09-30 99.09 0.00 69.68
2016-06-30 96.38 0.00 75.33
2016-03-31 96.38 0.00 75.33
2015-12-31 62.18 0.00 33.97
2015-09-30 62.18 0.00 33.97
2015-06-30 68.65 0.00 55.64
2015-03-31 68.65 0.00 55.64
2014-12-31 64.89 0.00 55.63
2013-12-31 59.01 0.00 51.28
2012-12-31 51.19 0.00 62.56
  • SMIT Holdings's level of debt (4.8%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (0% vs 4.8% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on SMIT Holdings's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess SMIT Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. SMIT Holdings has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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.

2239 Dividends

 What is SMIT Holdings'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
Dividend payments
0.28%
Current annual income from SMIT Holdings dividends.
If you bought HK$2,000 of SMIT Holdings shares you are expected to receive HK$6 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • SMIT Holdings's pays a lower dividend yield than the bottom 25% of dividend payers in Hong Kong (2.07%).
  • SMIT Holdings's dividend is below the markets top 25% of dividend payers in Hong Kong (5.72%).
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.
Raw Data
SEHK:2239 Annualized Past and Future Dividends
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 Electronic Industry Average Dividend Yield Market Cap Weighted Average of 39 Stocks 3.1%
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.

SEHK:2239 Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
SEHK:2239 Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2019-04-08 0.001 0.252
2018-04-19 0.003 0.409
2017-04-19 0.002 0.449

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • SMIT Holdings is not paying a notable dividend for Hong Kong, therefore no need to check if the payments are stable.
  • SMIT Holdings is not paying a notable dividend for Hong Kong, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of SMIT Holdings's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of SMIT Holdings's dividends as it is not paying a notable one for Hong Kong.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess SMIT Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can SMIT Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. SMIT Holdings 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.

2239 Management

 What is the CEO of SMIT Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Xueliang Huang
COMPENSATION $151,911
AGE 55
TENURE AS CEO 3.7 years
CEO Bio

Mr. Xueliang Huang serves as Chief Executive Officer and Chairman at SMIT Holdings Limited since September 20, 2015 and has been Executive Director since June 29, 2015. Mr. Huang founded SMIT Corporation in December 2004 and has been its Chief Executive Officer and Chairman since September 20, 2015. Mr. Huang is a Co-Owner at Statemicroelectronics International Co., Ltd. Mr. Huang has 21 years of industry experience and 20 years of management experience. Mr. Huang founded Shenzhen State Micro Electronics Co. Ltd. in 1993 and served as the President and Chief Executive Officer from January 1993 to December 2004. From March 1989 to December 1991, Mr. Huang worked in the China National Electronic Devices Corp., Shenzhen branch. From January 1992 to February 1993, Mr. Huang worked as the vice manager in Shenzhen Xianke Mechatronics Corporation. He served as Executive Director and General Manager of Shenzhen StateMicro Investment Co., Ltd. from August 10, 2011 to August 9, 2014. He has been Chairman of the Board of Directors of Shenzhen StateMicro Technology Co., Ltd. since April 15, 2011. He served as Chairman of the Board of Directors and Director of Shenzhen StateMicro Electronics Co., Ltd. from 2008 to April 2013. He serves as Vice Chairman of the China Semiconductor Industry Association IC Design Branch. Mr. Huang has been a director of Shenzhen State Micro Science and Technology Co. Ltd. since 1993 and Shenzhen National Engineering Laboratory of Digital Television Co., Ltd. since August 23, 2010. Mr. Huang was previously a director of Tongfang Guoxin Electronics Co., Ltd. from October 2013 to January 2016. He serves as the Chairman of SMIT Shenzhen and also a Director of each of SMIT Hong Kong and SMIT Shenzhen. He serves as a Director of Unigroup Guoxin Co., Ltd. He has served as the deputy director of China Semiconductor Industry Association IC Design Branch since November 2005. He serves as Executive Director of the China Semiconductor Industry Association and Deputy Chairman of its IC design committee. Mr. Huang received his Bachelor’s degree in Semiconductor from Xidian University in China in July 1984 and his Master’s degree in Electrical Engineering from Southeast University in Nanjing, China in April 1989.

CEO Compensation
  • Xueliang's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Insufficient data for Xueliang to establish whether their remuneration is reasonable compared to companies of similar size in Hong Kong.
Management Team

Xueliang Huang

TITLE
CEO & Chairman of the Board
COMPENSATION
$152K
AGE
55
TENURE
3.7 yrs

Hongyu Shuai

TITLE
President
AGE
57

Manfred Loong

TITLE
CFO, Executive VP & Executive Director
AGE
63

Sherman So

TITLE
Investor Relationship Director

Eric Cheng

TITLE
Company Secretary
AGE
33
Board of Directors Tenure

Average tenure and age of the SMIT Holdings board of directors in years:

3.2
Average Tenure
55.5
Average Age
  • The tenure for the SMIT Holdings board of directors is about average.
Board of Directors

Xueliang Huang

TITLE
CEO & Chairman of the Board
COMPENSATION
$152K
AGE
55
TENURE
3.7 yrs

Hongyu Shuai

TITLE
President
AGE
57
TENURE
2.2 yrs

Manfred Loong

TITLE
CFO, Executive VP & Executive Director
AGE
63
TENURE
2.2 yrs

Junjie Zhang

TITLE
Independent Non-Executive Director
COMPENSATION
$24K
AGE
47
TENURE
3.2 yrs

Raymond Woo

TITLE
Independent Non-Executive Director
COMPENSATION
$24K
AGE
49
TENURE
3.2 yrs

Allan Kwan

TITLE
Non-Executive Director
COMPENSATION
$24K
AGE
59
TENURE
3.7 yrs

Yufeng Jin

TITLE
Independent Non-Executive Director
COMPENSATION
$24K
AGE
56
TENURE
3.2 yrs

Songtao Gao

TITLE
Non-Executive Director
AGE
47
TENURE
2.2 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
06. Jul 18 Sell Xueliang Huang Individual 29. Jun 18 29. Jun 18 -29,676 HK$5.40 HK$-160,354
06. Jul 18 Sell Xueliang Huang Individual 03. Jul 18 03. Jul 18 -63,951 HK$5.19 HK$-331,963
X
Management checks
We assess SMIT Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. SMIT Holdings 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.

2239 News

Simply Wall St News

Volatility 101: Should SMIT Holdings (HKG:2239) Shares Have Dropped 36%?

That downside risk was realized by SMIT Holdings Limited (HKG:2239) shareholders over the last year, as the share price declined 36%. … View our latest analysis for SMIT Holdings Given that SMIT Holdings only made minimal earnings in the last twelve months, we'll focus on revenue to gauge its business development. … If you would like to research SMIT Holdings in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company.

Simply Wall St -

What You Must Know About SMIT Holdings Limited's (HKG:2239) Beta Value

Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … A stock with a beta below one is either less volatile than the market, or more volatile but not corellated with the overall market. … In comparison a stock with a beta of over one tends to be move in a similar direction to the market in the long term, but with greater changes in price.

Simply Wall St -

If You Had Bought SMIT Holdings (HKG:2239) Stock A Year Ago, You'd Be Sitting On A 50% Loss, Today

And there's no doubt that SMIT Holdings Limited (HKG:2239) stock has had a really bad year. … Given that SMIT Holdings only made minimal earnings in the last twelve months, we'll focus on revenue to gauge its business development. … In just one year SMIT Holdings saw its revenue fall by 55%.

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Should We Worry About SMIT Holdings Limited's (HKG:2239) P/E Ratio?

We'll look at SMIT Holdings Limited's (HKG:2239) P/E ratio and reflect on what it tells us about the company's share price. … Price to Earnings Ratio = Price per Share (in the reporting currency) ÷ Earnings per Share (EPS) … P/E of 25.03 = $0.55 (Note: this is the share price in the reporting currency, namely, USD ) ÷ $0.022

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Who Has Been Selling SMIT Holdings Limited (HKG:2239) Shares?

We don't think shareholders should simply follow insider transactions. … But equally, we would consider it foolish to ignore insider transactions altogether. … SMIT Holdings Insider Transactions Over The Last Year

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Why We’re Not Keen On SMIT Holdings Limited’s (HKG:2239) 8.4% Return On Capital

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … What is Return On Capital Employed (ROCE)? … ROCE measures the amount of pre-tax profits a company can generate from the capital employed in its business.

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Should We Be Cautious About SMIT Holdings Limited's (HKG:2239) ROE Of 6.0%?

SMIT Holdings has a ROE of 6.0%, based on the last twelve months. … View our latest analysis for SMIT Holdings? … Return on Equity = Net Profit ÷ Shareholders' Equity

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SMIT Holdings Limited (HKG:2239): What Are Investors Earning On Their Capital?

and want to better understand how you can grow your money by investing in SMIT Holdings Limited (HKG:2239). … Therefore, looking at how efficiently SMIT Holdings is able to use capital to create earnings will help us understand your potential return. … View our latest analysis for SMIT Holdings

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Should You Be Concerned About SMIT Holdings Limited's (HKG:2239) Earnings Growth?

Examining how SMIT Holdings Limited (HKG:2239) is performing as a company requires looking at more than just a years' earnings. … Below, I will run you through a simple sense check to build perspective on how SMIT Holdings is doing by comparing its most recent earnings with its historical trend, in addition to the performance of its electronic industry peers. … Check out our latest analysis for SMIT Holdings?

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Is SMIT Holdings Limited (HKG:2239) Attractive At This PE Ratio?

and want to learn about the link between company’s fundamentals and stock market performance. … While this makes 2239 appear like a stock to avoid or sell if you own it, you might change your mind after I explain the assumptions behind the P/E ratio. … I will explain what the P/E ratio is as well as what you should look out for when using it

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2239 Company Info

Description

SMIT Holdings Limited provides security devices for pay TV broadcasting access and mobile point-of-sale payment (mPOS) systems in China and internationally. It operates through three segments: CAM and mPOS, Blockchain Servers, and Rapid Verification System and Software. The company designs, develops, and sells conditional access modules that provide end users with access to pay TV content; and mPOS systems, which enable users to conduct credit and debit card transactions using their smartphones or tablets. It also engages in the development and supply of blockchain chipsets and servers; and rapid verification system and software. SMIT Holdings Limited was founded in 2002 and is headquartered in Wanchai, Hong Kong.

Details
Name: SMIT Holdings Limited
2239
Exchange: SEHK
Founded: 2002
HK$1,132,447,479
317,212,179
Website: http://www.smit.com.cn
Address: SMIT Holdings Limited
Central Plaza,
Flat/Rm 4801, 48th Floor,
Wanchai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 2239 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 30. Mar 2016
Number of employees
Current staff
Staff numbers
282
SMIT Holdings employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 13:02
End of day share price update: 2019/05/20 00:00
Last estimates confirmation: 2018/03/26
Last earnings filing: 2019/04/07
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.