SiS International Holdings Limited, an investment trading and investment holding company, engages in the distribution of mobile and information (IT) products.
+ 1 more risk
Undervalued second-rate dividend payer.
Share Price & News
How has SiS International Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 529 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 529 underperformed the Hong Kong Electronic industry which returned -10.2% over the past year.
Return vs Market: 529 underperformed the Hong Kong Market which returned -7.6% over the past year.
Price Volatility Vs. Market
How volatile is SiS International Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StIs SiS International Holdings Limited's (HKG:529) CEO Overpaid Relative To Its Peers?
1 month ago | Simply Wall StHow Does SiS International Holdings Limited (HKG:529) Fare As A Dividend Stock?
2 months ago | Simply Wall StThose Who Purchased SiS International Holdings (HKG:529) Shares A Year Ago Have A 26% Loss To Show For It
Is SiS International 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: 529 (HK$2.74) is trading below our estimate of fair value (HK$3.86)
Significantly Below Fair Value: 529 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 529 is good value based on its PE Ratio (2.7x) compared to the Electronic industry average (9.1x).
PE vs Market: 529 is good value based on its PE Ratio (2.7x) compared to the Hong Kong market (10.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 529's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 529 is good value based on its PB Ratio (0.2x) compared to the HK Electronic industry average (0.9x).
How is SiS International 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 SiS International 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 SiS International 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.
- SiS International 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 SiS International Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 529 has a large one-off gain of HK$238.1M impacting its June 30 2019 financial results.
Growing Profit Margin: 529's current net profit margins (4.5%) are lower than last year (12%).
Past Earnings Growth Analysis
Earnings Trend: 529's earnings have grown by 11.8% per year over the past 5 years.
Accelerating Growth: 529's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 529 had negative earnings growth (-38%) over the past year, making it difficult to compare to the Electronic industry average (-11.5%).
Return on Equity
High ROE: 529's Return on Equity (8.1%) is considered low.
Return on Assets
Return on Capital Employed
How is SiS International Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 529's short term assets (HK$3.0B) do not cover its short term liabilities (HK$3.3B).
Long Term Liabilities: 529's short term assets (HK$3.0B) exceed its long term liabilities (HK$1.9B).
Debt to Equity History and Analysis
Debt Level: 529's debt to equity ratio (93%) is considered high.
Reducing Debt: 529's debt to equity ratio has increased from 33.5% to 93% over the past 5 years.
Debt Coverage: 529's debt is not well covered by operating cash flow (5.8%).
Interest Coverage: 529's interest payments on its debt are well covered by EBIT (4.1x coverage).
Inventory Level: 529 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 529's debt is not covered by short term assets (assets are 0.8x debt).
What is SiS International Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 529's dividend (2.55%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.29%).
High Dividend: 529's dividend (2.55%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.34%).
Stability and Growth of Payments
Stable Dividend: 529's dividend payments have been volatile in the past 10 years.
Growing Dividend: 529's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (7%), 529's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Kia Hong Lim (62yo)
Mr. Kia Hong Lim is a Co-founder of SIS International Holdings Limited and serves as its Chairman and Chief Executive Officer. Mr. Lim serves as the Chairman and Chief Executive Officer of SiS Group. He is ...
CEO Compensation Analysis
Compensation vs Market: Kia Hong's total compensation ($USD631.12K) is above average for companies of similar size in the Hong Kong market ($USD226.13K).
Compensation vs Earnings: Kia Hong's compensation has been consistent with company performance over the past year.
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.
SiS International Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: SiS International Holdings Limited
- Ticker: 529
- Exchange: SEHK
- Founded: 1983
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: HK$761.629m
- Shares outstanding: 277.97m
- Website: https://www.sis.com.hk
Number of Employees
- SiS International Holdings Limited
- 803 Nine Queen's Road
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|529||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Nov 1992|
SiS International Holdings Limited, an investment trading and investment holding company, engages in the distribution of mobile and information (IT) products. The company distributes IT, software, network, and smartphone products through a network of IT resellers, retailers, mobile operators, and mobile phone resellers. It also invests in hotel, commercial, industrial, and residential properties. In addition, the company offers hardware, software, and corporate management services; distributes communication products; and provides securities investment services. It provides its products and services primarily in Hong Kong, Japan, Singapore, Thailand, and Bangladesh. The company was founded in 1983 and is based in Central, Hong Kong. SiS International Holdings Limited is a subsidiary of Gold Sceptre Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/23 12:54|
|End of Day Share Price||2020/02/21 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.