HKBridge Financial Holdings Limited, an investment holding company, manufactures and sells printed circuit boards (PCB).
Adequate balance sheet and overvalued.
Share Price & News
How has HKBridge Financial Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2323's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 2323 underperformed the Hong Kong Electronic industry which returned -5.8% over the past year.
Return vs Market: 2323 underperformed the Hong Kong Market which returned -10.4% over the past year.
Price Volatility Vs. Market
How volatile is HKBridge Financial Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StThose Who Purchased HKBridge Financial Holdings (HKG:2323) Shares Three Years Ago Have A 75% Loss To Show For It
1 month ago | Simply Wall StWhat Kind Of Shareholder Owns Most HKBridge Financial Holdings Limited (HKG:2323) Stock?
2 months ago | Simply Wall StHKBridge Financial Holdings (HKG:2323) Is Carrying A Fair Bit Of Debt
Is HKBridge Financial Holdings undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 2323's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 2323's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 2323 is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.
PE vs Market: 2323 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 2323's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2323 is good value based on its PB Ratio (0.6x) compared to the HK Electronic industry average (0.7x).
How is HKBridge Financial Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 HKBridge Financial 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.
- Examine HKBridge Financial Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- HKBridge Financial Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has HKBridge Financial Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2323 is currently unprofitable.
Growing Profit Margin: 2323 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 2323 is unprofitable, and losses have increased over the past 5 years at a rate of -35.8% per year.
Accelerating Growth: Unable to compare 2323's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 2323 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-4.3%).
Return on Equity
High ROE: 2323 has a negative Return on Equity (-30.23%), as it is currently unprofitable.
How is HKBridge Financial Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 2323's short term assets (HK$3.5B) exceed its short term liabilities (HK$1.6B).
Long Term Liabilities: 2323's short term assets (HK$3.5B) exceed its long term liabilities (HK$676.2M).
Debt to Equity History and Analysis
Debt Level: 2323's debt to equity ratio (78.9%) is considered high.
Reducing Debt: 2323's debt to equity ratio has increased from 73.2% to 78.9% over the past 5 years.
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: 2323 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 2323 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 20.6% each year
What is HKBridge Financial Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 2323's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 2323'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 2323's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 2323's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 2323 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 2323's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
HKBridge Financial Holdings has no CEO, or we have no data on them.
|Executive Director||no data||HK$5.43m||no data|
|Executive Director||0.75yr||HK$735.00k||no data|
|Independent Non-Executive Director||4.17yrs||HK$220.00k||no data|
|Independent Non-Executive Director||4.17yrs||HK$220.00k||no data|
|Independent Non-Executive Director||1.83yrs||HK$220.00k||no data|
|Non-Executive Chairman||0.083yr||HK$203.00k||no data|
Experienced Board: 2323's board of directors are not considered experienced ( 1.8 years average tenure), which suggests a new board.
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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
HKBridge Financial Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: HKBridge Financial Holdings Limited
- Ticker: 2323
- Exchange: SEHK
- Founded: 1985
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Market Cap: HK$1.259b
- Shares outstanding: 2.21b
- Website: https://www.hkbridge.com.hk
Number of Employees
- HKBridge Financial Holdings Limited
- The Center
- 68th Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2323||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jun 2002|
HKBridge Financial Holdings Limited, an investment holding company, manufactures and sells printed circuit boards (PCB). The company operates through three segments: Manufacturing, Treasury Investments, and Financial Services. It is also involved in the investment and trading of securities and related treasury activities; and provision of securities advisory and asset management services. In addition, the company engages in the provision of information system management services; consultancy and corporate solution services; fund management and investment services; and equity and debt investments. It operates in the People’s Republic of China, Singapore, Thailand, Malaysia, Germany, Poland, other European countries, the United States, Korea, Japan, and internationally. The company was formerly known as China HKBridge Holdings Limited and changed its name to HKBridge Financial Holdings Limited in September 2018. HKBridge Financial Holdings Limited was founded in 1985 and is based in Central, Hong Kong.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/29 12:55|
|End of Day Share Price||2020/05/29 00:00|
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.