Daisho Microline Holdings Limited, an investment holding company, manufactures and trades in printed circuit boards.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.15|
|52 Week High||HK$0.10|
|52 Week Low||HK$0.23|
|1 Month Change||12.59%|
|3 Month Change||0%|
|1 Year Change||-5.00%|
|3 Year Change||-36.40%|
|5 Year Change||n/a|
|Change since IPO||-71.32%|
Recent News & Updates
Does Daisho Microline Holdings (HKG:567) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Is Daisho Microline Holdings (HKG:567) A Risky Investment?
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
|567||HK Electronic||HK Market|
Return vs Industry: 567 underperformed the Hong Kong Electronic industry which returned 26.7% over the past year.
Return vs Market: 567 underperformed the Hong Kong Market which returned 5.7% over the past year.
Stable Share Price: 567 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 16% a week.
Volatility Over Time: 567's weekly volatility (16%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
Daisho Microline Holdings Limited, an investment holding company, manufactures and trades in printed circuit boards. The company is also involved in the trading of petroleum and energy products, and related business; and manufacturing and trading of printing and packaging products comprising paper packaging products, paper gift items, and paper promotional materials. It has operations in the People’s Republic of China, Hong Kong, Singapore, North America, Japan, Europe, and internationally.
Daisho Microline Holdings Fundamentals Summary
|567 fundamental statistics|
Is 567 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|567 income statement (TTM)|
|Cost of Revenue||HK$55.62m|
Last Reported Earnings
Mar 31, 2021
Next Earnings Date
|Earnings per share (EPS)||-0.046|
|Net Profit Margin||-55.23%|
How did 567 perform over the long term?See historical performance and comparison
Is Daisho Microline 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: 567 (HK$0.15) is trading below our estimate of fair value (HK$5.39)
Significantly Below Fair Value: 567 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 567 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Electronic industry average.
PE vs Market: 567 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 567's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 567 is overvalued based on its PB Ratio (1.3x) compared to the HK Electronic industry average (0.8x).
How is Daisho Microline 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 Daisho Microline 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.
How has Daisho Microline Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 567 is currently unprofitable.
Growing Profit Margin: 567 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 567 is unprofitable, but has reduced losses over the past 5 years at a rate of 12.7% per year.
Accelerating Growth: Unable to compare 567's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 567 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (50.5%).
Return on Equity
High ROE: 567 has a negative Return on Equity (-39.42%), as it is currently unprofitable.
How is Daisho Microline Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 567's short term assets (HK$151.3M) exceed its short term liabilities (HK$126.0M).
Long Term Liabilities: 567's short term assets (HK$151.3M) exceed its long term liabilities (HK$9.1M).
Debt to Equity History and Analysis
Debt Level: 567's debt to equity ratio (89.9%) is considered high.
Reducing Debt: 567's debt to equity ratio has reduced from 104.4% to 89.9% over the past 5 years.
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: Whilst unprofitable 567 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 567 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 4.9% per year.
What is Daisho Microline Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 567's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 567'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 567's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 567's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 567'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 management tenure
Lei Hu (43 yo)
Mr. Lei Hu serves as Chief Executive Officer of the Major Subsidiary of the Daisho Microline Holdings Limited in Mainland China. He graduated from Harbin Institute of Technology with a Bachelor of electron...
Experienced Management: 567's management team is considered experienced (2 years average tenure).
Experienced Board: 567's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 567 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 16.7%.
Daisho Microline Holdings Limited's employee growth, exchange listings and data sources
- Name: Daisho Microline Holdings Limited
- Ticker: 567
- Exchange: SEHK
- Founded: 1990
- Industry: Electronic Components
- Sector: Tech
- Market Cap: HK$112.930m
- Shares outstanding: 806.64m
- Website: https://www.irasia.com/listco/hk/daisho/
Number of Employees
- Daisho Microline Holdings Limited
- Unit A, Fook Hing Industrial Building
- 10th Floor
- Chai Wan
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/22 10:06|
|End of Day Share Price||2021/10/22 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.