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465

Futong Technology Development Holdings SEHK:465 Stock Report

Last Price

HK$0.30

Market Cap

HK$93.4m

7D

-7.7%

1Y

-52.4%

Updated

22 Sep, 2022

Data

Company Financials
465 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

465 Stock Overview

Futong Technology Development Holdings Limited, an investment holding company, provides enterprise digital transformation services in the People’s Republic of China and Hong Kong.

Futong Technology Development Holdings Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Futong Technology Development Holdings
Historical stock prices
Current Share PriceHK$0.30
52 Week HighHK$0.78
52 Week LowHK$0.25
Beta0.51
1 Month Change-6.25%
3 Month Change-7.69%
1 Year Change-52.38%
3 Year Change-54.55%
5 Year Change-66.67%
Change since IPO-84.29%

Recent News & Updates

Shareholder Returns

465HK TechHK Market
7D-7.7%-5.1%-2.7%
1Y-52.4%-51.2%-24.5%

Return vs Industry: 465 matched the Hong Kong Tech industry which returned -52.2% over the past year.

Return vs Market: 465 underperformed the Hong Kong Market which returned -23.6% over the past year.

Price Volatility

Is 465's price volatile compared to industry and market?
465 volatility
465 Average Weekly Movement9.5%
Tech Industry Average Movement5.0%
Market Average Movement6.4%
10% most volatile stocks in HK Market12.7%
10% least volatile stocks in HK Market3.1%

Stable Share Price: 465 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 465's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.

About the Company

FoundedEmployeesCEOWebsite
1996359Wei Zhaohttps://www.futong.com.hk

Futong Technology Development Holdings Limited, an investment holding company, provides enterprise digital transformation services in the People’s Republic of China and Hong Kong. The company offers enterprise IT infrastructure products, services, and solutions; cloud computing management products; and intelligent digitalized application products. It also offers system integration and related services.

Futong Technology Development Holdings Fundamentals Summary

How do Futong Technology Development Holdings's earnings and revenue compare to its market cap?
465 fundamental statistics
Market CapHK$93.38m
Earnings (TTM)-HK$93.90m
Revenue (TTM)HK$344.50m

0.3x

P/S Ratio

-1.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
465 income statement (TTM)
RevenueCN¥309.26m
Cost of RevenueCN¥285.94m
Gross ProfitCN¥23.33m
Other ExpensesCN¥107.62m
Earnings-CN¥84.30m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.27
Gross Margin7.54%
Net Profit Margin-27.26%
Debt/Equity Ratio0%

How did 465 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 465 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 465?

Other financial metrics that can be useful for relative valuation.

465 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Sales Ratio vs Peers

How does 465's PS Ratio compare to its peers?

465 PS Ratio vs Peers
The above table shows the PS ratio for 465 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.5x
1079 PINE Technology Holdings
0.7xn/aHK$46.4m
8111 China Technology Industry Group
0.9xn/aHK$86.5m
2028 Jolimark Holdings
0.3xn/aHK$110.3m
6133 Vital Innovations Holdings
0.2xn/aHK$208.3m
465 Futong Technology Development Holdings
0.3xn/aHK$93.4m

Price-To-Sales vs Peers: 465 is good value based on its Price-To-Sales Ratio (0.3x) compared to the peer average (0.5x).


Price to Earnings Ratio vs Industry

How does 465's PE Ratio compare vs other companies in the Asian Tech Industry?

Price-To-Sales vs Industry: 465 is good value based on its Price-To-Sales Ratio (0.3x) compared to the Asian Tech industry average (1x)


Price to Sales Ratio vs Fair Ratio

What is 465's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

465 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.3x
Fair PS Ration/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate 465's Price-To-Sales Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of 465 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate 465's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate 465's fair value for valuation analysis.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Futong Technology Development Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.5%

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.


Discover growth companies

Past Performance

How has Futong Technology Development Holdings performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-38.1%

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 38.1% 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 (-11%).


Return on Equity

High ROE: 465 has a negative Return on Equity (-18.96%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Futong Technology Development Holdings's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: 465's short term assets (CN¥452.6M) exceed its short term liabilities (CN¥105.9M).

Long Term Liabilities: 465's short term assets (CN¥452.6M) exceed its long term liabilities (CN¥220.0K).


Debt to Equity History and Analysis

Debt Level: 465 is debt free.

Reducing Debt: 465 has no debt compared to 5 years ago when its debt to equity ratio was 122.1%.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 465 has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 465 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.7% each year


Discover healthy companies

Dividend

What is Futong Technology Development Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

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.


Earnings Payout to Shareholders

Earnings Coverage: 465 is not paying a notable dividend for the Hong Kong market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as 465 has not reported any payouts.


Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

4.5yrs

Average management tenure


CEO

Wei Zhao (51 yo)

4.83yrs

Tenure

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...


Leadership Team

Experienced Management: 465's management team is considered experienced (4.5 years average tenure).


Board Members

Experienced Board: 465's board of directors are considered experienced (5.2 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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 4 shareholders own 78.73% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
69.3%
Jian Chen
215,708,000CN¥64.7m0%no data
8.49%
Xiaoyong Li
26,440,000CN¥7.9m0%no data
0.53%
Wei Zhao
1,646,000CN¥493.8k0%no data
0.4%
Jing Chen
1,238,000CN¥371.4k0%no data

Company Information

Futong Technology Development Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Futong Technology Development Holdings Limited
  • Ticker: 465
  • Exchange: SEHK
  • Founded: 1996
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Implied Market Cap: HK$93.375m
  • Shares outstanding: 311.25m
  • Website: https://www.futong.com.hk

Number of Employees


Location

  • Futong Technology Development Holdings Limited
  • Chaowaimen Office Center
  • Units B1901 on level 19 & B2001 on level
  • Beijing
  • China


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
465SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2009

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/22 00:00
End of Day Share Price2022/09/22 00:00
Earnings2022/06/30
Annual Earnings2021/12/31


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.