Executive Summary
BYD Electronic (International) Company Limited, an investment holding company, manufactures, assembles, and sells mobile handset components and modules in the People’s Republic of China, the Asia Pacific, the United States, and internationally.
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet with reasonable growth potential.
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
-1.0%
285
-2.2%
HK Communications
3.5%
HK Market
1 Year Return
45.8%
285
-4.3%
HK Communications
2.3%
HK Market
Return vs Industry: 285 exceeded the Hong Kong Communications industry which returned -4.3% 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 | -1.0% | -2.2% | 3.5% |
| 30 Day | 8.7% | 2.2% | 3.1% |
| 90 Day | 29.0% | 3.3% | 1.1% |
| 1 Year | 48.8%45.8% | -2.0%-4.3% | 6.0%2.3% |
| 3 Year | 174.8%161.5% | 15.6%6.4% | 25.4%12.7% |
| 5 Year | 109.3%96.7% | 3.1%-11.6% | 23.0%2.4% |
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
Is BYD Electronic (International) Company Limited (HKG:285) Struggling With Its 6.5% Return On Capital Employed?3 weeks ago | Simply Wall St
A Rising Share Price Has Us Looking Closely At BYD Electronic (International) Company Limited's (HKG:285) P/E Ratio1 month ago | Simply Wall St
Are Investors Undervaluing BYD Electronic (International) Company Limited (HKG:285) By 35%?Valuation
Is BYD Electronic (International) undervalued compared to its fair value and its price relative to the market?
29.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 285 (HK$15.48) is trading below our estimate of fair value (HK$22.07)
Significantly Below Fair Value: 285 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 285 is poor value based on its PE Ratio (19.2x) compared to the Communications industry average (13.8x).
PE vs Market: 285 is poor value based on its PE Ratio (19.2x) compared to the Hong Kong market (10.3x).
Price to Earnings Growth Ratio
PEG Ratio: 285 is good value based on its PEG Ratio (0.7x)
Price to Book Ratio
PB vs Industry: 285 is overvalued based on its PB Ratio (2x) compared to the HK Communications industry average (0.9x).
Next Steps
Future Growth
How is BYD Electronic (International) forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
25.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 285's forecast earnings growth (25.9% per year) is above the savings rate (1.6%).
Earnings vs Market: 285's earnings (25.9% per year) are forecast to grow faster than the Hong Kong market (11.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 285's revenue (13.6% per year) is forecast to grow faster than the Hong Kong market (10.3% per year).
High Growth Revenue: 285's revenue (13.6% per year) is forecast to grow slower 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 (12.2%).
Next Steps
Past Performance
How has BYD Electronic (International) performed over the past 5 years?
23.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 285 has high quality earnings.
Growing Profit Margin: 285's current net profit margins (3.6%) are lower than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: 285's earnings have grown significantly by 23.1% per year over the past 5 years.
Accelerating Growth: 285's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 285 had negative earnings growth (-32%) over the past year, making it difficult to compare to the Communications industry average (-5.7%).
Return on Equity
High ROE: 285's Return on Equity (10.2%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is BYD Electronic (International)'s financial position?
Financial Position Analysis
Short Term Liabilities: 285's short term assets (CN¥16.0B) exceed its short term liabilities (CN¥9.3B).
Long Term Liabilities: 285's short term assets (CN¥16.0B) exceed its long term liabilities (CN¥455.1M).
Debt to Equity History and Analysis
Debt Level: 285 is debt free.
Reducing Debt: 285 has not had any debt for past 5 years.
Debt Coverage: 285 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 285 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Inventory Level: 285 has a high level of physical assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 285's debt is covered by short term assets.
Next Steps
Dividend
What is BYD Electronic (International)'s current dividend yield, its reliability and sustainability?
1.41%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 285's dividend (1.41%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.21%).
High Dividend: 285's dividend (1.41%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.15%).
Stability and Growth of Payments
Stable Dividend: 285's dividend payments have been volatile in the past 10 years.
Growing Dividend: 285's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (27%), 285's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 285's dividends in 3 years are forecast to be well covered by earnings (24.7% payout ratio).
Next Steps
Management
What is the CEO of BYD Electronic (International)'s salary, the management and board of directors tenure and is there insider trading?
4.7yrs
Average management tenure
CEO
Nian-Qiang Wang (55yo)
4.7yrs
Tenure
CN¥9,614,000
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 ($USD1.38M) is above average for companies of similar size in the Hong Kong market ($USD560.20K).
Compensation vs Earnings: Nian-Qiang's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.7yrs
Average Tenure
47yo
Average Age
Experienced Management: 285's management team is considered experienced (4.7 years average tenure).
Board Age and Tenure
4.7yrs
Average Tenure
50yo
Average Age
Experienced Board: 285's board of directors are considered experienced (4.7 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
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Nian-Qiang Wang (55yo)
CEO & Executive Director
- Tenure: 4.7yrs
- Compensation: CN¥9.61m
Hon-wan Cheung (63yo)
Joint Company Secretary
- Tenure: 0yrs
Yi-Zao Sun (55yo)
Chief Operating Officer
- Tenure: 0yrs
- Compensation: CN¥12.00k
Ge-Ning Dong (47yo)
Executive Officer of Research & Development Manufacturing of Molds & Purchasing of Materials
- Tenure: 0yrs
Qian Li (46yo)
Joint Company Secretary
- Tenure: 12.1yrs
Ya-Lin Zhou (42yo)
Chief Financial Officer
- Tenure: 3.9yrs
Xiang-Rong Jiang (42yo)
Executive Director
- Tenure: 0.5yrs
Board Members
Nian-Qiang Wang (55yo)
CEO & Executive Director
- Tenure: 4.7yrs
- Compensation: CN¥9.61m
Chuan-Fu Wang (53yo)
Non-Executive Chairman
- Tenure: 0yrs
John Chung (50yo)
Independent Non-Executive Director
- Tenure: 6.5yrs
- Compensation: CN¥113.00k
Antony Francis Mampilly (69yo)
Independent Non-Executive Director
- Tenure: 12.1yrs
- Compensation: CN¥200.00k
Bo Wang (47yo)
Non-Executive Director
- Tenure: 2.9yrs
- Compensation: CN¥3.20m
Jing-Jie Qian (37yo)
Independent Non-Executive Director
- Tenure: 4.7yrs
- Compensation: CN¥200.00k
Xiang-Rong Jiang (42yo)
Executive Director
- Tenure: 0.5yrs
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$34.880b
- 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, manufactures, assembles, and sells mobile handset components and modules in the People’s Republic of China, the Asia Pacific, ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/12/14 12:47 |
| End of Day Share Price | 2019/12/13 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.