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529

SiS International HoldingsSEHK:529 Stock Report

Market Cap

HK$486.4m

7D

-2.2%

1Y

15.9%

Updated

25 Oct, 2021

Data

Company Financials
529 fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance1/6
Financial Health2/6
Dividends0/6

529 Overview

SiS International Holdings Limited, an investment trading and investment holding company, engages in the distribution of mobile and information technology (IT) products.

Price History & Performance

Summary of all time highs, changes and price drops for SiS International Holdings
Historical stock prices
Current Share PriceHK$1.75
52 Week HighHK$1.25
52 Week LowHK$2.09
Beta0.53
1 Month Change-3.85%
3 Month Change-5.41%
1 Year Change15.89%
3 Year Change-63.39%
5 Year Change-55.01%
Change since IPO165.15%

Recent News & Updates

May 31
Returns At SiS International Holdings (HKG:529) Are On The Way Up

Returns At SiS International Holdings (HKG:529) Are On The Way Up

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...

Apr 26
SiS International Holdings (HKG:529) Has A Somewhat Strained Balance Sheet

SiS International Holdings (HKG:529) Has A Somewhat Strained Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Shareholder Returns

529HK ElectronicHK Market
7D-2.2%-1.1%0.4%
1Y15.9%28.2%6.7%

Return vs Industry: 529 underperformed the Hong Kong Electronic industry which returned 27.9% over the past year.

Return vs Market: 529 exceeded the Hong Kong Market which returned 5.9% over the past year.

Price Volatility

Is 529's price volatile compared to industry and market?
529 volatility
529 Beta0.53
Industry Beta1.01
Market Beta1

Stable Share Price: 529 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 529's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1983798Kia Hong Limhttps://www.sis.com.hk

SiS International Holdings Limited, an investment trading and investment holding company, engages in the distribution of mobile and information technology (IT) products. The company distributes consumer electronic and networking products, computer systems, notebooks, tablets, smartphones, software products, and mobile software and solutions through telecommunications operators, IT superstores, retail outlets, value-added resellers, corporate dealers, system integrators, solutions providers, and mobile phone retail outlets. It also invests in commercial, industrial/office, residential, and hotel properties; and engages in the asset management business.

SiS International Holdings Fundamentals Summary

How do SiS International Holdings's earnings and revenue compare to its market cap?
529 fundamental statistics
Market CapHK$486.44m
Earnings (TTM)HK$41.88m
Revenue (TTM)HK$9.51b

11.6x

P/E Ratio

0.05x

P/S Ratio

Is 529 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
529 income statement (TTM)
RevenueHK$9.51b
Cost of RevenueHK$8.85b
Gross ProfitHK$658.50m
ExpensesHK$616.62m
EarningsHK$41.88m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.15
Gross Margin6.92%
Net Profit Margin0.44%
Debt/Equity Ratio104.4%

How did 529 perform over the long term?

See historical performance and comparison

Valuation

Is SiS International Holdings undervalued compared to its fair value and its price relative to the market?

11.62x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 529 (HK$1.75) is trading above our estimate of fair value (HK$1.06)

Significantly Below Fair Value: 529 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 529 is poor value based on its PE Ratio (11.6x) compared to the Hong Kong Electronic industry average (8.9x).

PE vs Market: 529 is poor value based on its PE Ratio (11.6x) compared to the Hong Kong market (9.7x).


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 (0.1x) compared to the HK Electronic industry average (0.8x).


Future Growth

How is SiS International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.3%

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.


Past Performance

How has SiS International Holdings performed over the past 5 years?

-43.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 529 has a large one-off loss of HK$100.5M impacting its June 30 2021 financial results.

Growing Profit Margin: 529 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 529's earnings have declined by 43% per year over the past 5 years.

Accelerating Growth: 529 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 529 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (50.5%).


Return on Equity

High ROE: 529's Return on Equity (3.3%) is considered low.


Financial Health

How is SiS International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 529's short term assets (HK$3.6B) do not cover its short term liabilities (HK$4.2B).

Long Term Liabilities: 529's short term assets (HK$3.6B) exceed its long term liabilities (HK$1.2B).


Debt to Equity History and Analysis

Debt Level: 529's debt to equity ratio (104.4%) is considered high.

Reducing Debt: 529's debt to equity ratio has increased from 73.2% to 104.4% over the past 5 years.

Debt Coverage: 529's debt is not well covered by operating cash flow (2.2%).

Interest Coverage: 529's interest payments on its debt are well covered by EBIT (5.8x coverage).


Balance Sheet


Dividend

What is SiS International Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 529's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 529'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 529's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 529's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 529 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 529'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?

HK$4m

CEO Compensation


CEO

Kia Hong Lim (64 yo)

no data

Tenure

HK$3,694,000

Compensation

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 ($USD475.18K) is above average for companies of similar size in the Hong Kong market ($USD227.73K).

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


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

Company Information

SiS International Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: SiS International Holdings Limited
  • Ticker: 529
  • Exchange: SEHK
  • Founded: 1983
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: HK$486.442m
  • Shares outstanding: 277.97m
  • Website: https://www.sis.com.hk

Number of Employees


Location

  • SiS International Holdings Limited
  • 803 Nine Queen's Road
  • Central
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/25 16:38
End of Day Share Price2021/10/25 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.