Futong Technology Development Holdings Limited, an investment holding company, provides enterprise information technology (IT) infrastructure products, services, and solutions; cloud computing products; and intelligent digitalized application products in the People’s Republic of China and Hong Kong. More Details
Excellent balance sheet and fair value.
Share Price & News
How has Futong Technology Development Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 465 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 465 underperformed the Hong Kong Tech industry which returned 90% over the past year.
Return vs Market: 465 underperformed the Hong Kong Market which returned 0.5% over the past year.
Price Volatility Vs. Market
How volatile is Futong Technology Development Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StHave Insiders Been Buying Futong Technology Development Holdings Limited (HKG:465) Shares?
3 months ago | Simply Wall StDid Changing Sentiment Drive Futong Technology Development Holdings' (HKG:465) Share Price Down A Painful 75%?
4 months ago | Simply Wall StDo Institutions Own Futong Technology Development Holdings Limited (HKG:465) Shares?
Is Futong Technology Development Holdings 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: 465 (HK$0.52) is trading below our estimate of fair value (HK$1.54)
Significantly Below Fair Value: 465 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 465 is unprofitable, so we can't compare its PE Ratio to the HK Tech industry average.
PE vs Market: 465 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 465's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 465 is good value based on its PB Ratio (0.3x) compared to the HK Tech industry average (0.6x).
How is Futong Technology Development Holdings 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 Futong Technology Development 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.
- Examine whether Futong Technology Development Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Futong Technology Development Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has Futong Technology Development Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 465 is currently unprofitable.
Growing Profit Margin: 465 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 465 is unprofitable, and losses have increased over the past 5 years at a rate of 30.4% per year.
Accelerating Growth: Unable to compare 465's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 465 is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (5%).
Return on Equity
High ROE: 465 has a negative Return on Equity (-0.55%), as it is currently unprofitable.
How is Futong Technology Development Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 465's short term assets (CN¥678.7M) exceed its short term liabilities (CN¥199.3M).
Long Term Liabilities: 465's short term assets (CN¥678.7M) exceed its long term liabilities (CN¥2.1M).
Debt to Equity History and Analysis
Debt Level: 465's debt to equity ratio (0.02%) is considered satisfactory.
Reducing Debt: 465's debt to equity ratio has reduced from 80% to 0.02% over the past 5 years.
Debt Coverage: 465's debt is well covered by operating cash flow (129017%).
Interest Coverage: Insufficient data to determine if 465's interest payments on its debt are well covered by EBIT.
What is Futong Technology Development Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 465's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 465'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 465's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 465's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 465 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 465's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Wei Zhao (49 yo)
Mr. Wei Zhao has been the Chief Executive Officer of Futong Technology Development Holdings Limited since November 17, 2017. Mr. Zhao serves as Vice President of Futong Dongfang at Futong Technology Develo ...
|Chairman of the Board||3.17yrs||CN¥2.33m||69.3% |
|Non-Executive Director||3.42yrs||CN¥1.04m||0.40% |
|Independent Non-Executive Director||3.75yrs||CN¥255.00k||no data|
|Independent Non-Executive Director||2.33yrs||CN¥255.00k||no data|
|Independent Non-Executive Director||2.58yrs||CN¥255.00k||no data|
Experienced Board: 465's board of directors are considered experienced (3.2 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 465 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.
Futong Technology Development Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Futong Technology Development Holdings Limited
- Ticker: 465
- Exchange: SEHK
- Founded: 1996
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Market Cap: HK$161.850m
- Shares outstanding: 311.25m
- Website: https://www.futong.com.hk
Number of Employees
- Futong Technology Development Holdings Limited
- Chaowaimen Office Center
- Units B1901 on level 19 & B2001 on level
- Beijing Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|465||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Dec 2009|
Futong Technology Development Holdings Limited, an investment holding company, provides enterprise information technology (IT) infrastructure products, services, and solutions; cloud computing products; an ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/09/17 20:01|
|End of Day Share Price||2020/09/17 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.