SEHK:40

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Gold Peak Industries (Holdings)

Executive Summary

Gold Peak Industries (Holdings) Limited, an investment holding company, develops, manufactures, markets, and trades in batteries, electronics and acoustics products, and automotive wire harness.


Snowflake Analysis

Overvalued with poor track record.

Share Price & News

How has Gold Peak Industries (Holdings)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 40's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-1.7%

40

3.0%

HK Electronic

-0.6%

HK Market


1 Year Return

-29.3%

40

10.3%

HK Electronic

-2.4%

HK Market

Return vs Industry: 40 underperformed the Hong Kong Electronic industry which returned 10.3% over the past year.

Return vs Market: 40 underperformed the Hong Kong Market which returned -2.4% over the past year.


Shareholder returns

40IndustryMarket
7 Day-1.7%3.0%-0.6%
30 Day-7.9%22.2%7.4%
90 Day-17.1%22.2%11.4%
1 Year-25.3%-29.3%14.3%10.3%1.6%-2.4%
3 Year-15.1%-24.7%-16.8%-23.8%5.8%-5.5%
5 Year-25.7%-39.6%50.5%30.4%7.3%-10.6%

Price Volatility Vs. Market

How volatile is Gold Peak Industries (Holdings)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Gold Peak Industries (Holdings) undervalued compared to its fair value and its price relative to the market?

21.77x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 40's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 40's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 40 is poor value based on its PE Ratio (21.8x) compared to the HK Electronic industry average (11.6x).

PE vs Market: 40 is poor value based on its PE Ratio (21.8x) compared to the Hong Kong market (10.4x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 40's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 40 is good value based on its PB Ratio (0.3x) compared to the HK Electronic industry average (0.8x).


Next Steps

Future Growth

How is Gold Peak Industries (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.2%

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 Gold Peak Industries (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 Gold Peak Industries (Holdings) performed over the past 5 years?

33.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 40 has a large one-off gain of HK$113.5M impacting its March 31 2020 financial results.

Growing Profit Margin: 40's current net profit margins (0.3%) are lower than last year (0.9%).


Past Earnings Growth Analysis

Earnings Trend: 40's earnings have grown significantly by 33.3% per year over the past 5 years.

Accelerating Growth: 40's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 40 had negative earnings growth (-66.4%) over the past year, making it difficult to compare to the Electronic industry average (-7.6%).


Return on Equity

High ROE: 40's Return on Equity (4.3%) is considered low.


Next Steps

Financial Health

How is Gold Peak Industries (Holdings)'s financial position?


Financial Position Analysis

Short Term Liabilities: 40's short term assets (HK$3.5B) do not cover its short term liabilities (HK$4.5B).

Long Term Liabilities: 40's short term assets (HK$3.5B) exceed its long term liabilities (HK$586.6M).


Debt to Equity History and Analysis

Debt Level: 40's debt to equity ratio (162.9%) is considered high.

Reducing Debt: 40's debt to equity ratio has increased from 65.6% to 162.9% over the past 5 years.

Debt Coverage: 40's debt is not well covered by operating cash flow (3.8%).

Interest Coverage: 40's interest payments on its debt are not well covered by EBIT (0.4x coverage).


Balance Sheet


Next Steps

Dividend

What is Gold Peak Industries (Holdings) current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 40's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 40'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 40's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 40's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 40 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 40'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?

1.3yrs

Average management tenure


CEO

Victor Lo (70yo)

30.5yrs

Tenure

HK$10,901,000

Compensation

Mr. Chung Wing Lo, also known as Victor, GBS, OBE, JP has been the Chief Executive Officer of GP Industries Limited since February 3, 2016. Mr. Lo has been the Chairman and Chief Executive Officer of GP Ba ...


CEO Compensation Analysis

Compensation vs Market: Victor's total compensation ($USD1.41M) is above average for companies of similar size in the Hong Kong market ($USD231.40K).

Compensation vs Earnings: Victor's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Chung Wing Lo
Chairman & CEO30.5yrsHK$10.90m24.82% HK$116.9m
Yuk Hing Ku
Executive Director30.5yrsHK$2.65m0.34% HK$1.6m
Yiu Cheung Li
Executive VP & Executive Director5.25yrsHK$5.98m0.038% HK$180.0k
Tze Hang Wong
Executive Director1.25yrsno datano data
Hin Lap Lam
Executive Director1.25yrsno datano data
Man Wong
Company Secretary1.25yrsno datano data

1.3yrs

Average Tenure

63yo

Average Age

Experienced Management: 40's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Chung Wing Lo
Chairman & CEO30.5yrsHK$10.90m24.82% HK$116.9m
Yuk Hing Ku
Executive Director30.5yrsHK$2.65m0.34% HK$1.6m
Yiu Cheung Li
Executive VP & Executive Director5.25yrsHK$5.98m0.038% HK$180.0k
Tze Hang Wong
Executive Director1.25yrsno datano data
Hin Lap Lam
Executive Director1.25yrsno datano data
Pak Chuen Leung
Non-Executive Vice Chairman & Senior Adviser to Chief Executive1.5yrsHK$5.71m0.58% HK$2.7m
Kei Chan
Independent Non-Executive Director15yrsHK$230.00kno data
Ming Wah Lui
Independent Non-Executive Director25.5yrsHK$280.00kno data
Chi Chan
Independent Non-Executive Director16yrsHK$270.00kno data
Ka Ng
Non-Executive Director5.08yrsHK$230.00k20.8% HK$97.9m
Wai Cheung Tong
Independent Non-Executive Director1.25yrsno datano data

5.3yrs

Average Tenure

67yo

Average Age

Experienced Board: 40's board of directors are considered experienced (5.3 years average tenure).


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

Gold Peak Industries (Holdings) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Gold Peak Industries (Holdings) Limited
  • Ticker: 40
  • Exchange: SEHK
  • Founded: 1964
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: HK$470.816m
  • Shares outstanding: 784.69m
  • Website: https://www.goldpeak.com

Number of Employees


Location

  • Gold Peak Industries (Holdings) Limited
  • Building 12W
  • 9th Floor
  • Tai Po
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
40SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 1992

Biography

Gold Peak Industries (Holdings) Limited, an investment holding company, develops, manufactures, markets, and trades in batteries, electronics and acoustics products, and automotive wire harness. The company operates in three divisions: Electronics, Batteries, and Other Investments. It also develops, manufactures, and distributes battery related products; markets and trades in audio products, parts and components, and hygienic and health care products; and manufactures transformers and switching mode power supplies. In addition, the company is involved in the retail of acoustic and electronic products; holding of trademarks and intellectual properties; and provision of logistic support services. It operates in the People’s Republic of China, other Asia-Pacific, the Middle East, European countries, and the United States. The company was founded in 1964 and is based in Tai Po, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/15 12:43
End of Day Share Price2020/07/15 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.