Executive Summary
BYD Electronic (International) Company Limited, an investment holding company, designs, manufactures, assembles, and sells mobile handset components and modules in the People’s Republic of China, the Asia Pacific, the United States, and internationally. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 1.6% per year for the next 3 years
Snowflake Analysis
Excellent balance sheet with solid track record.
Similar Companies
Share Price & News
How has BYD Electronic (International)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 285's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-0.5%
285
-0.5%
HK Communications
-1.6%
HK Market
1 Year Return
221.4%
285
47.9%
HK Communications
-1.3%
HK Market
Return vs Industry: 285 exceeded the Hong Kong Communications industry which returned 44.9% over the past year.
Return vs Market: 285 exceeded the Hong Kong Market which returned -2.3% over the past year.
Shareholder returns
| 285 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | -0.5% | -1.6% |
| 30 Day | 18.6% | 5.8% | -5.1% |
| 90 Day | 118.8% | 38.2% | -2.5% |
| 1 Year | 222.8%221.4% | 51.3%47.9% | 2.7%-1.3% |
| 3 Year | 70.5%62.3% | -12.2%-19.0% | -10.2%-20.0% |
| 5 Year | 734.1%680.6% | 102.8%73.6% | 11.4%-7.6% |
Price Volatility Vs. Market
How volatile is BYD Electronic (International)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Insider Buying: The BYD Electronic (International) Company Limited (HKG:285) Independent Non-Executive Director Just Bought CN¥78k Worth Of Shares1 week ago | Simply Wall St
BYD Electronic (International) Company Limited's (HKG:285) 35% Price Boost Is Out Of Tune With EarningsValuation
Is BYD Electronic (International) undervalued compared to its fair value and its price relative to the market?
22.08x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 285 (HK$38.95) is trading above our estimate of fair value (HK$24.47)
Significantly Below Fair Value: 285 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 285 is poor value based on its PE Ratio (22.1x) compared to the HK Communications industry average (15.4x).
PE vs Market: 285 is poor value based on its PE Ratio (22.1x) compared to the Hong Kong market (11.1x).
Price to Earnings Growth Ratio
PEG Ratio: 285's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 285 is overvalued based on its PB Ratio (4x) compared to the HK Communications industry average (1x).
Next Steps
Future Growth
How is BYD Electronic (International) forecast to perform in the next 1 to 3 years based on estimates from 15 analysts?
-1.6%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 285's earnings are forecast to decline over the next 3 years (-1.6% per year).
Earnings vs Market: 285's earnings are forecast to decline over the next 3 years (-1.6% per year).
High Growth Earnings: 285's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 285's revenue (20.4% per year) is forecast to grow faster than the Hong Kong market (13.2% per year).
High Growth Revenue: 285's revenue (20.4% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 285's Return on Equity is forecast to be low in 3 years time (14.8%).
Next Steps
Past Performance
How has BYD Electronic (International) performed over the past 5 years?
19.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 285 has high quality earnings.
Growing Profit Margin: 285's current net profit margins (5.7%) are higher than last year (3.6%).
Past Earnings Growth Analysis
Earnings Trend: 285's earnings have grown by 19.5% per year over the past 5 years.
Accelerating Growth: 285's earnings growth over the past year (114.6%) exceeds its 5-year average (19.5% per year).
Earnings vs Industry: 285 earnings growth over the past year (114.6%) exceeded the Communications industry -13%.
Return on Equity
High ROE: 285's Return on Equity (18.1%) is considered low.
Next Steps
Financial Health
How is BYD Electronic (International)'s financial position?
Financial Position Analysis
Short Term Liabilities: 285's short term assets (CN¥24.2B) exceed its short term liabilities (CN¥14.6B).
Long Term Liabilities: 285's short term assets (CN¥24.2B) exceed its long term liabilities (CN¥742.1M).
Debt to Equity History and Analysis
Debt Level: 285's debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 285's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 285's debt is well covered by operating cash flow (272.1%).
Interest Coverage: 285 earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is BYD Electronic (International) current dividend yield, its reliability and sustainability?
0.21%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 285's dividend (0.21%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.31%).
High Dividend: 285's dividend (0.21%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.03%).
Stability and Growth of Payments
Stable Dividend: 285 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.
Growing Dividend: 285 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 285 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 285'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?
5.4yrs
Average management tenure
CEO
Nian-Qiang Wang (56 yo)
5.42yrs
Tenure
CN¥8,741,000
Compensation
Mr. Nian-Qiang Wang has been the Chief Executive Officer and Executive Director of BYD Electronic International Company Limited since April 27, 2015. Mr. Wang served as Vice President and General Manager o ...
CEO Compensation Analysis
Compensation vs Market: Nian-Qiang's total compensation ($USD1.28M) is above average for companies of similar size in the Hong Kong market ($USD801.77K).
Compensation vs Earnings: Nian-Qiang's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 5.42yrs | CN¥8.74m | 0.38% CN¥ 301.7m | |
| Executive Director | 1.25yrs | CN¥1.33m | no data | |
| Chief Financial Officer | 4.67yrs | no data | no data | |
| Joint Company Secretary | no data | no data | no data | |
| Joint Company Secretary | 12.83yrs | no data | no data |
5.4yrs
Average Tenure
47yo
Average Age
Experienced Management: 285's management team is seasoned and experienced (5.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Executive Director | 5.42yrs | CN¥8.74m | 0.38% CN¥ 301.7m | |
| Executive Director | 1.25yrs | CN¥1.33m | no data | |
| Non-Executive Chairman | 12.75yrs | no data | no data | |
| Independent Non-Executive Director | 7.25yrs | CN¥113.00k | no data | |
| Independent Non-Executive Director | 12.83yrs | CN¥200.00k | no data | |
| Non-Executive Director | 3.67yrs | CN¥1.16m | no data | |
| Independent Non-Executive Director | 5.42yrs | CN¥200.00k | 0.00022% CN¥ 176.0k |
5.4yrs
Average Tenure
51yo
Average Age
Experienced Board: 285's board of directors are considered experienced (5.4 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 285 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
BYD Electronic (International) Company Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: BYD Electronic (International) Company Limited
- Ticker: 285
- Exchange: SEHK
- Founded: 2002
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: HK$79.989b
- Shares outstanding: 2.25b
- Website: https://www.byd-electronics.com
Number of Employees
Location
- BYD Electronic (International) Company Limited
- No. 3001, Bao He Road
- Baolong
- Shenzhen
- Guangdong Province
- 518116
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 285 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Dec 2007 |
| 4BY | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Dec 2007 |
| BYDI.F | OTCPK (Pink Sheets LLC) | Yes | Ordinary Shares | US | USD | Dec 2007 |
| 285 | SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Dec 2007 |
| 285 | SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect) | Yes | Ordinary Shares | HK | HKD | Dec 2007 |
Biography
BYD Electronic (International) Company Limited, an investment holding company, designs, manufactures, assembles, and sells mobile handset components and modules in the People’s Republic of China, the Asia ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/09/30 13:01 |
| End of Day Share Price | 2020/09/30 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.