SEHK:2323

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HKBridge Financial Holdings

Executive Summary

HKBridge Financial Holdings Limited, an investment holding company, manufactures and sells printed circuit boards (PCB).


Snowflake Analysis

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.


Market Performance


7 Day Return

3.6%

2323

-6.9%

HK Electronic

-3.7%

HK Market


1 Year Return

-24.0%

2323

-5.8%

HK Electronic

-10.4%

HK Market

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.


Shareholder returns

2323IndustryMarket
7 Day3.6%-6.9%-3.7%
30 Day-1.7%-4.8%-3.0%
90 Day14.0%-16.0%-7.6%
1 Year-24.0%-24.0%-3.4%-5.8%-7.4%-10.4%
3 Year-75.6%-75.7%-22.5%-28.4%-4.5%-14.2%
5 Year-21.5%-21.9%5.6%-7.9%-16.2%-29.1%

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

Valuation

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

0.59x

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).


Next Steps

Future Growth

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

20.5%

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.


Next Steps

Past Performance

How has HKBridge Financial Holdings performed over the past 5 years?

-35.8%

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.


Next Steps

Financial Health

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.


Balance Sheet


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


Next Steps

Dividend

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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average board tenure


CEO

HKBridge Financial Holdings has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Ho Fung Cheok
Executive Directorno dataHK$5.43mno data
Yongxin Shan
Executive Director0.75yrHK$735.00kno data
Fai Lau
Independent Non-Executive Director4.17yrsHK$220.00kno data
Man Kung Ng
Independent Non-Executive Director4.17yrsHK$220.00kno data
Kwok Kei Mak
Independent Non-Executive Director1.83yrsHK$220.00kno data
Yongjun Li
Non-Executive Chairman0.083yrHK$203.00kno data

1.8yrs

Average Tenure

49yo

Average Age

Experienced Board: 2323's board of directors are not considered experienced ( 1.8 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • 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


Location

  • HKBridge Financial Holdings Limited
  • The Center
  • 68th Floor
  • Central
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2323SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 2002

Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/29 12:55
End of Day Share Price2020/05/29 00:00
Earnings2019/12/31
Annual Earnings2019/12/31


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.