Yorkey Optical International (Cayman) Ltd., an investment holding company, manufactures and sells plastic and metallic parts, components of optical and opto-electronic products, and molds and cases in Japan, the People's Republic of China, and internationally.
Flawless balance sheet with solid track record.
Share Price & News
How has Yorkey Optical International (Cayman)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 2788 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 2788 underperformed the Hong Kong Electronic industry which returned -10.2% over the past year.
Return vs Market: 2788 underperformed the Hong Kong Market which returned -7.4% over the past year.
Price Volatility Vs. Market
How volatile is Yorkey Optical International (Cayman)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StShould You Be Pleased About The CEO Pay At Yorkey Optical International (Cayman) Ltd.'s (HKG:2788)
4 weeks ago | Simply Wall StIf You Had Bought Yorkey Optical International (Cayman) (HKG:2788) Shares A Year Ago You'd Have A Total Return Of -23%
1 month ago | Simply Wall StWith A 7.6% Return On Equity, Is Yorkey Optical International (Cayman) Ltd. (HKG:2788) A Quality Stock?
Is Yorkey Optical International (Cayman) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 2788 (HK$0.75) is trading below our estimate of fair value (HK$1.24)
Significantly Below Fair Value: 2788 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 2788 is poor value based on its PE Ratio (11.6x) compared to the Electronic industry average (9.1x).
PE vs Market: 2788 is poor value based on its PE Ratio (11.6x) compared to the Hong Kong market (10.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 2788's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 2788 is overvalued based on its PB Ratio (0.9x) compared to the HK Electronic industry average (0.9x).
How is Yorkey Optical International (Cayman) 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 Yorkey Optical International (Cayman) 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.
- Check out Yorkey Optical International (Cayman)'s track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Yorkey Optical International (Cayman) competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has Yorkey Optical International (Cayman) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 2788 has high quality earnings.
Growing Profit Margin: 2788's current net profit margins (10.3%) are higher than last year (7.7%).
Past Earnings Growth Analysis
Earnings Trend: 2788's earnings have grown by 6.5% per year over the past 5 years.
Accelerating Growth: 2788's earnings growth over the past year (17.7%) exceeds its 5-year average (6.5% per year).
Earnings vs Industry: 2788 earnings growth over the past year (17.7%) exceeded the Electronic industry -11.5%.
Return on Equity
High ROE: 2788's Return on Equity (7.6%) is considered low.
Return on Assets
Return on Capital Employed
How is Yorkey Optical International (Cayman)'s financial position?
Financial Position Analysis
Short Term Liabilities: 2788's short term assets ($109.7M) exceed its short term liabilities ($34.5M).
Long Term Liabilities: 2788's short term assets ($109.7M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: 2788 is debt free.
Reducing Debt: 2788 has not had any debt for past 5 years.
Debt Coverage: 2788 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2788 has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: 2788 has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 2788's debt is covered by short term assets.
What is Yorkey Optical International (Cayman)'s current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 2788's dividend (18.26%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.29%).
High Dividend: 2788's dividend (18.26%) is in the top 25% of dividend payers in the Hong Kong market (6.35%)
Stability and Growth of Payments
Stable Dividend: 2788's dividend payments have been volatile in the past 10 years.
Growing Dividend: 2788's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (83.5%), 2788's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Toshihiko Kurihara (65yo)
Mr. Toshihiko Kurihara has been Chief Executive Officer and Executive Director of Yorkey Optical International (Cayman) Ltd. since March 10, 2017. Mr. Kurihara serves as Deputy General Manager of Dongguan ...
CEO Compensation Analysis
Compensation vs Market: Toshihiko's total compensation ($USD150.00K) is below average for companies of similar size in the Hong Kong market ($USD225.23K).
Compensation vs Earnings: Toshihiko's compensation has been consistent with company performance over the past year.
|CEO & Executive Director||2.9yrs||US$150.00k||no data|
|Non-Executive Director||14.2yrs||US$15.00k||no data|
|Independent Non-Executive Director||7.8yrs||US$15.00k||no data|
|Independent Non-Executive Director||2.7yrs||US$15.00k||no data|
|Independent Non-Executive Director||2.7yrs||US$20.00k||no data|
Experienced Board: 2788's board of directors are considered experienced (4.7 years average tenure).
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.
Yorkey Optical International (Cayman) Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Yorkey Optical International (Cayman) Ltd.
- Ticker: 2788
- Exchange: SEHK
- Founded: 1995
- Industry: Electronic Components
- Sector: Tech
- Market Cap: HK$614.880m
- Shares outstanding: 819.84m
- Website: https://www.yorkey-optical.com
Number of Employees
- Yorkey Optical International (Cayman) Ltd.
- Goldfield Industrial Centre, Block A
- 6th Floor
- New Territories
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2788||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Feb 2006|
|9188||TSEC (Taiwan Stock Exchange)||TDR EACH REP 1 SH||TW||TWD||Oct 2009|
Yorkey Optical International (Cayman) Ltd., an investment holding company, manufactures and sells plastic and metallic parts, components of optical and opto-electronic products, and molds and cases in Japan, the People's Republic of China, and internationally. Its precision processing products include pressing molds; pressing parts of micro motors; processing components of cameras, and electronic and optical products; and processing components of lead wires, etc. Goldfield Industrial Centre The company also offers plastic injection molding products, such as plastic components of cameras, video cameras, audio products, office machines, microscopes, CD-ROMs, HDDs and FDDs, game players, range finders, binoculars, electronic locks, micro motors, cellular phones, beep pagers, and battery chargers, as well as their components; and precision tooling molds and metal pressing molds for cameras, office machines, optical instruments, etc. In addition, it is involved in the printing and painting of components for cameras, copiers, optical instruments, computer HDDs and FDDs, and other communication equipment; and provision of soft/hard cases and wrist/shoulder strips for photographic equipment, as well as cases for portable computers, mobile phones, and optical appliances. Further, the company provides technical training and after-sales services, as well as holds properties. Yorkey Optical International (Cayman) Ltd. was founded in 1995 and is based in Shatin, Hong Kong.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 12:49|
|End of Day Share Price||2020/02/21 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.