3393 Stock Overview
Wasion Holdings Limited, an investment holding company, researches, develops, produces, and sells energy metering and energy efficiency management solutions for energy supply industries in the People’s Republic of China, Africa, South America, Europe, rest of Asia, the Middle East, and internationally.
Wasion Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$2.58|
|52 Week High||HK$4.03|
|52 Week Low||HK$2.25|
|1 Month Change||-8.51%|
|3 Month Change||4.03%|
|1 Year Change||-6.18%|
|3 Year Change||-3.37%|
|5 Year Change||-25.22%|
|Change since IPO||134.55%|
Recent News & Updates
Should You Investigate Wasion Holdings Limited (HKG:3393) At HK$2.85?
While Wasion Holdings Limited ( HKG:3393 ) might not be the most widely known stock at the moment, it saw a decent...
Wasion Holdings (HKG:3393) Is Due To Pay A Dividend Of HK$0.20
Wasion Holdings Limited ( HKG:3393 ) has announced that it will pay a dividend of HK$0.20 per share on the 22nd of...
|3393||HK Electronic||HK Market|
Return vs Industry: 3393 exceeded the Hong Kong Electronic industry which returned -34.5% over the past year.
Return vs Market: 3393 exceeded the Hong Kong Market which returned -20.6% over the past year.
|3393 Average Weekly Movement||5.6%|
|Electronic Industry Average Movement||6.9%|
|Market Average Movement||6.5%|
|10% most volatile stocks in HK Market||12.6%|
|10% least volatile stocks in HK Market||3.2%|
Stable Share Price: 3393 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 3393's weekly volatility (6%) has been stable over the past year.
About the Company
Wasion Holdings Limited, an investment holding company, researches, develops, produces, and sells energy metering and energy efficiency management solutions for energy supply industries in the People’s Republic of China, Africa, South America, Europe, rest of Asia, the Middle East, and internationally. The company operates through three segments: Power Advanced Metering Infrastructure, Communication and Fluid Advanced Metering Infrastructure, and Advanced Distribution Operations. It offers smart meters, smart water meters, smart gas meters, and ultrasonic calorimeters; various meters and power quality monitoring devices; energy data collection terminals, load management terminals, and user management devices; and measurement automation systems and various application systems, services, and energy data mining, as well as system solution services, communication terminals, and heat meters.
Wasion Holdings Fundamentals Summary
|3393 fundamental statistics|
Is 3393 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|3393 income statement (TTM)|
|Cost of Revenue||CN¥3.09b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 30, 2022
|Earnings per share (EPS)||0.27|
|Net Profit Margin||5.84%|
How did 3393 perform over the long term?See historical performance and comparison
7.5%Current Dividend Yield
Is 3393 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 4/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3393?
Other financial metrics that can be useful for relative valuation.
|What is 3393's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 3393's PE Ratio compare to its peers?
|3393 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
31 China Aerospace International Holdings
2708 IBO Technology
327 PAX Global Technology
2239 SMIT Holdings
3393 Wasion Holdings
Price-To-Earnings vs Peers: 3393 is good value based on its Price-To-Earnings Ratio (8.3x) compared to the peer average (24.3x).
Price to Earnings Ratio vs Industry
How does 3393's PE Ratio compare vs other companies in the HK Electronic Industry?
Price-To-Earnings vs Industry: 3393 is expensive based on its Price-To-Earnings Ratio (8.3x) compared to the Hong Kong Electronic industry average (6.8x)
Price to Earnings Ratio vs Fair Ratio
What is 3393's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||8.3x|
|Fair PE Ratio||10.2x|
Price-To-Earnings vs Fair Ratio: 3393 is good value based on its Price-To-Earnings Ratio (8.3x) compared to the estimated Fair Price-To-Earnings Ratio (10.2x).
Share Price vs Fair Value
What is the Fair Price of 3393 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3393 (HK$2.58) is trading below our estimate of fair value (HK$6.32)
Significantly Below Fair Value: 3393 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.
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How is Wasion Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3393's forecast earnings growth (19.9% per year) is above the savings rate (1.6%).
Earnings vs Market: 3393's earnings (19.9% per year) are forecast to grow faster than the Hong Kong market (16.7% per year).
High Growth Earnings: 3393's earnings are forecast to grow, but not significantly.
Revenue vs Market: 3393's revenue (14.6% per year) is forecast to grow faster than the Hong Kong market (9.9% per year).
High Growth Revenue: 3393's revenue (14.6% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3393's Return on Equity is forecast to be low in 3 years time (14.8%).
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How has Wasion Holdings performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3393 has high quality earnings.
Growing Profit Margin: 3393's current net profit margins (5.8%) are lower than last year (5.9%).
Past Earnings Growth Analysis
Earnings Trend: 3393's earnings have declined by 4.3% per year over the past 5 years.
Accelerating Growth: 3393's earnings growth over the past year (16%) exceeds its 5-year average (-4.3% per year).
Earnings vs Industry: 3393 earnings growth over the past year (16%) underperformed the Electronic industry 19.5%.
Return on Equity
High ROE: 3393's Return on Equity (7%) is considered low.
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How is Wasion Holdings's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 3393's short term assets (CN¥9.6B) exceed its short term liabilities (CN¥5.8B).
Long Term Liabilities: 3393's short term assets (CN¥9.6B) exceed its long term liabilities (CN¥833.7M).
Debt to Equity History and Analysis
Debt Level: 3393's net debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: 3393's debt to equity ratio has increased from 26.2% to 46.7% over the past 5 years.
Debt Coverage: 3393's debt is not well covered by operating cash flow (8.9%).
Interest Coverage: 3393's interest payments on its debt are well covered by EBIT (23.7x coverage).
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What is Wasion Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3393's dividend (7.54%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.84%).
High Dividend: 3393's dividend (7.54%) is low compared to the top 25% of dividend payers in the Hong Kong market (8.33%).
Stability and Growth of Payments
Stable Dividend: 3393's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3393's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (59.9%), 3393's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: 3393 is paying a dividend but the company has no free cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Chit Kat (38 yo)
Mr. Chit Kat has been Vice General Manager of Hunan Jianhe Property Development Company Limited since 2013. He serves as the President of Willfar Information Technology Company Limited with effect from Jan...
Experienced Management: 3393's management team is seasoned and experienced (8.9 years average tenure).
Experienced Board: 3393's board of directors are considered experienced (6.3 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Wasion Holdings Limited's employee growth, exchange listings and data sources
- Name: Wasion Holdings Limited
- Ticker: 3393
- Exchange: SEHK
- Founded: 2000
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Implied Market Cap: HK$2.569b
- Shares outstanding: 995.88m
- Website: https://www.wasion.com
Number of Employees
- Wasion Holdings Limited
- West Tower
- Unit 2605, 26th Floor
- Sheung Wan
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/17 00:00|
|End of Day Share Price||2022/08/17 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.