Executive Summary
EVOC Intelligent Technology Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and distribution of special computer products primarily in the People’s Republic of China.
Snowflake
Fundamentals
Fair value with acceptable track record.
Share Price & News
How has EVOC Intelligent Technology's share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
2.4%
2308
-0.04%
HK Tech
2.9%
HK Market
1 Year Return
13.3%
2308
-20.9%
HK Tech
0.7%
HK Market
Return vs Industry: 2308 exceeded the Hong Kong Tech industry which returned -20.9% over the past year.
Return vs Market: 2308 exceeded the Hong Kong Market which returned 0.7% over the past year.
Shareholder returns
| 2308 | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.4% | -0.04% | 2.9% |
| 30 Day | 1.2% | -5.1% | -2.5% |
| 90 Day | 1.2% | -6.2% | -5.4% |
| 1 Year | 13.3%13.3% | -20.2%-20.9% | 4.4%0.7% |
| 3 Year | -35.6%-35.6% | -1.1%-9.9% | 17.0%5.2% |
| 5 Year | -19.1%-20.6% | -31.2%-44.8% | 20.2%0.2% |
Price Volatility Vs. Market
How volatile is EVOC Intelligent Technology's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Introducing EVOC Intelligent Technology (HKG:2308), The Stock That Dropped 38% In The Last Three Years1 month ago | Simply Wall St
Do Institutions Own EVOC Intelligent Technology Company Limited (HKG:2308) Shares?2 months ago | Simply Wall St
Is EVOC Intelligent Technology Company Limited's (HKG:2308) P/E Ratio Really That Good?Valuation
Is EVOC Intelligent Technology undervalued compared to its fair value and its price relative to the market?
6.13x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Undervalued: 2308 (HK$0.85) is trading above our estimate of fair value (HK$0.13)
Significantly Undervalued: 2308 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 2308 is good value based on its PE Ratio (6.1x) compared to the Tech industry average (9.8x).
PE vs Market: 2308 is good value based on its PE Ratio (6.1x) compared to the Hong Kong market (10.4x).
Price to Earnings Growth Ratio
Low PEG Ratio: Insufficient data to calculate 2308's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2308 is good value based on its PB Ratio (0.4x) compared to the HK Tech industry average (0.8x).
Next Steps
Future Growth
How is EVOC Intelligent Technology forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
6.4%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 2308's forecast earnings growth (6.4% per year) is above the savings rate (2%).
Earnings vs Market: 2308's earnings (6.4% per year) are forecast to grow slower than the Hong Kong market (11.1% per year).
High Growth Earnings: 2308's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if 2308's revenue is forecast to grow faster than the Hong Kong market.
High Growth Revenue: Insufficient data to determine if 2308's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if 2308's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has EVOC Intelligent Technology performed over the past 5 years?
-1.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 2308's earnings have declined by -1.3% per year over the past 5 years.
Accelerating Growth: 2308's earnings growth over the past year (411.6%) exceeds its 5-year average (-1.3% per year).
Earnings vs Industry: 2308 earnings growth over the past year (411.6%) exceeded the Tech industry 4%.
Return on Equity
High ROE: 2308's Return on Equity (6.8%) is considered low.
Return on Assets
ROA vs Industry: 2308 has a higher Return on Assets than the Tech industry average last year.
Return on Capital Employed
ROCE Improving: 2308 is currently unprofitable, so its Return on Capital Employed is negative.
Next Steps
Financial Health
How is EVOC Intelligent Technology's financial position?
Financial Position Analysis
Short Term Liabilities: 2308's short term assets (CN¥3.7B) exceeds its short term liabilities (CN¥2.6B)
Long Term Liabilities: 2308's short term assets (3.7B) exceeds its long term liabilities (1.7B)
Debt to Equity History and Analysis
Debt Level: 2308's debt to equity ratio (117.8%) is considered high
Reducing Debt: 2308's debt to equity ratio has reduced from 131.6% to 117.8% over the past 5 years.
Debt Coverage: 2308's debt is not well covered by operating cash flow (6.5%).
Interest Coverage: Insufficient data to determine if 2308's interest payments on its debt are well covered by EBIT.
Balance Sheet
Inventory Level: 2308 has a high level of physical assets or inventory.
Debt Coverage by Assets: 2308's debt is covered by short term assets (assets are 1.377030x debt).
Next Steps
Dividend
What is EVOC Intelligent Technology's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate 2308's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 2308's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stable Dividend: Insufficient data to determine if 2308's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2308's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 2308 is not paying a notable dividend for .
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 2308'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 EVOC Intelligent Technology's salary, the management and board of directors tenure and is there insider trading?
5.4yrs
Average board tenure
CEO
Zhi Yong Liu (45yo)
7.8yrs
Tenure
Mr. Zhi Yong Liu serves as Head of Research and Development Department at EVOC Intelligent Technology Company Limited and has been its General Manager since 2012. Mr. Liu joined EVOC Intelligent Technology ...
Board Age and Tenure
5.4yrs
Average Tenure
54.5yo
Average Age
Experienced Board: 2308's board of directors are considered experienced (5.4 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.
Ownership Breakdown
Management Team
Chun Kuen Tsui (68yo)
Chief Financial Controller & Company Secretary
- Tenure: 0yrs
Cheng Shun Tso (90yo)
Vice Chairman & Head of Business Development Strategy
- Tenure: 0yrs
- Compensation: CN¥30.00k
Yi Liu (53yo)
Assistant Company Secretary
- Tenure: 0yrs
Zhi Lie Chen (55yo)
Founder
- Tenure: 0yrs
- Compensation: CN¥459.00k
Xiang Yang Chen (52yo)
Assistant General Manager
- Tenure: 0yrs
Zhi Yong Liu (45yo)
GM and Head of Research & Development Department
- Tenure: 7.8yrs
Wen Qiang Geng (63yo)
Compliance Officer & Executive Director
- Tenure: 3.4yrs
- Compensation: CN¥161.00k
Board Members
Bing Wen (57yo)
Independent Non-Executive Director
- Tenure: 5.4yrs
- Compensation: CN¥12.00k
Cheng Shun Tso (90yo)
Vice Chairman & Head of Business Development Strategy
- Tenure: 0yrs
- Compensation: CN¥30.00k
Jing Pu (53yo)
Chairperson of Supervisory Committee
- Tenure: 0yrs
- Compensation: CN¥152.00k
Li Xin Dong (59yo)
Independent Non-Executive Director
- Tenure: 5.4yrs
- Compensation: CN¥12.00k
Zhi Lie Chen (55yo)
Founder
- Tenure: 0yrs
- Compensation: CN¥459.00k
Michael Yu (54yo)
Independent Non-Executive Director
- Tenure: 3.4yrs
- Compensation: CN¥30.00k
Zheng An Zhang (43yo)
Supervisor
- Tenure: 13yrs
- Compensation: CN¥20.00k
Guo Nian Zhan (48yo)
Supervisor
- Tenure: 13yrs
- Compensation: CN¥97.00k
Da Ming Zhang (45yo)
Independent Non-Executive Director
- Tenure: 4.4yrs
- Compensation: CN¥12.00k
Wen Qiang Geng (63yo)
Compliance Officer & Executive Director
- Tenure: 3.4yrs
- Compensation: CN¥161.00k
Company Information
EVOC Intelligent Technology Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: EVOC Intelligent Technology Company Limited
- Ticker: 2308
- Exchange: SEHK
- Founded: 1993
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: HK$1.048b
- Shares outstanding: 1.23b
- Website: https://www.evoc.com
Number of Employees
Location
- EVOC Intelligent Technology Company Limited
- EVOC Technology Building
- No. 31 Gaoxin Central Avenue 4th
- Shenzhen
- Guangdong Province
- 518057
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 2308 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Foreign Shares-Foreign Listed | HK | HKD | Oct 2003 |
Biography
EVOC Intelligent Technology Company Limited, together with its subsidiaries, engages in the research, development, manufacture, and distribution of special computer products primarily in the People’s Repub ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/14 12:39 |
| End of Day Share Price | 2019/10/14 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.