Executive Summary
China All Access (Holdings) Limited, an investment holding company, provides communication application solutions and services in the People’s Republic of China. More Details
Risk Analysis
Snowflake Analysis
Imperfect balance sheet and overvalued.
Share Price & News
How has China All Access (Holdings)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 633 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: 633's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-1.9%
633
19.5%
HK Communications
5.1%
HK Market
1 Year Return
-44.8%
633
58.0%
HK Communications
17.5%
HK Market
Return vs Industry: 633 underperformed the Hong Kong Communications industry which returned 58% over the past year.
Return vs Market: 633 underperformed the Hong Kong Market which returned 17.5% over the past year.
Shareholder returns
| 633 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.9% | 19.5% | 5.1% |
| 30 Day | -10.9% | 25.8% | 15.0% |
| 90 Day | -19.7% | 26.8% | 19.7% |
| 1 Year | -44.8%-44.8% | 61.7%58.0% | 22.1%17.5% |
| 3 Year | -95.1%-95.5% | 16.9%7.7% | -1.4%-11.8% |
| 5 Year | -95.5%-96.0% | 222.3%176.1% | 73.0%43.6% |
Long-Term Price Volatility Vs. Market
How volatile is China All Access (Holdings)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 months ago | Simply Wall St
How Does China All Access (Holdings)'s (HKG:633) CEO Salary Compare to Peers?8 months ago | Simply Wall St
What Kind Of Shareholder Appears On The China All Access (Holdings) Limited's (HKG:633) Shareholder Register?9 months ago | Simply Wall St
Should You Worry About China All Access (Holdings) Limited's (HKG:633) CEO Salary Level?Valuation
Is China All Access (Holdings) undervalued compared to its fair value and its price relative to the market?
0.55x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 633's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 633's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 633 is unprofitable, so we can't compare its PE Ratio to the HK Communications industry average.
PE vs Market: 633 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 633's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 633 is good value based on its PB Ratio (0.5x) compared to the HK Communications industry average (0.9x).
Next Steps
Future Growth
How is China All Access (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
31.5%
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 China All Access (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.
Next Steps
- Take a look at our analysis of 633’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- China All Access (Holdings) competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
Past Performance
How has China All Access (Holdings) performed over the past 5 years?
-81.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 633 is currently unprofitable.
Growing Profit Margin: 633 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 633 is unprofitable, and losses have increased over the past 5 years at a rate of 81.3% per year.
Accelerating Growth: Unable to compare 633's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 633 is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-13%).
Return on Equity
High ROE: 633 has a negative Return on Equity (-632.63%), as it is currently unprofitable.
Next Steps
Financial Health
How is China All Access (Holdings)'s financial position?
Financial Position Analysis
Short Term Liabilities: 633's short term assets (CN¥4.1B) exceed its short term liabilities (CN¥4.0B).
Long Term Liabilities: 633's short term assets (CN¥4.1B) exceed its long term liabilities (CN¥78.4M).
Debt to Equity History and Analysis
Debt Level: 633's debt to equity ratio (442.7%) is considered high.
Reducing Debt: 633's debt to equity ratio has increased from 65.4% to 442.7% over the past 5 years.
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: 633 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 633 has less than a year of cash runway if free cash flow continues to grow at historical rates of 27.3% each year.
Next Steps
Dividend
What is China All Access (Holdings) current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 633's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 633'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 633's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 633's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 633 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 633'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?
8.8yrs
Average management tenure
CEO
Kwok Keung Shao (58 yo)
no data
Tenure
CN¥4,044,000
Compensation
Mr. Kwok Keung Shao, FCPA, is the Chief Executive Officer of China All Access (Holdings) Limited and has been its Company Secretary since August 09, 2019. Mr. Shao is responsible for the corporate manageme...
CEO Compensation Analysis
Compensation vs Market: Kwok Keung's total compensation ($USD625.84K) is above average for companies of similar size in the Hong Kong market ($USD230.42K).
Compensation vs Earnings: Kwok Keung's compensation has increased whilst the company is unprofitable.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | no data | CN¥2.39m | 25.54% CN¥ 62.0m | |
| CEO, Company Secretary & Executive Director | no data | CN¥4.04m | no data | |
| Chief Technology Officer | 4.5yrs | no data | 7.96% CN¥ 19.3m | |
| Head of Satellite Communication Technology Business Department | 14.42yrs | no data | no data | |
| Head of Research and Development Department | 12.25yrs | no data | no data | |
| Executive Vice President | 2.58yrs | no data | no data | |
| Deputy Chief Executive Officer | 5.42yrs | no data | no data |
8.8yrs
Average Tenure
54.5yo
Average Age
Experienced Management: 633's management team is seasoned and experienced (8.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder & Executive Chairman | no data | CN¥2.39m | 25.54% CN¥ 62.0m | |
| CEO, Company Secretary & Executive Director | no data | CN¥4.04m | no data | |
| Independent Non-Executive Director | 11.42yrs | CN¥264.00k | no data | |
| Vice-Chairman | 1.92yrs | CN¥92.00k | no data | |
| Independent Non-Executive Director | 11.42yrs | CN¥264.00k | no data | |
| Independent Non-Executive Director | 1.5yrs | CN¥124.00k | no data |
11.4yrs
Average Tenure
61.5yo
Average Age
Experienced Board: 633's board of directors are seasoned and experienced ( 11.4 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
Company Information
China All Access (Holdings) Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: China All Access (Holdings) Limited
- Ticker: 633
- Exchange: SEHK
- Founded: 2007
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: HK$242.749m
- Shares outstanding: 2.31b
- Website: https://www.chinaallaccess.com
Number of Employees
Location
- China All Access (Holdings) Limited
- Greenfield Tower
- 17th Floor, Room 1702-1703
- Kowloon
- Kowloon
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 633 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Sep 2009 |
| C5K | DB (Deutsche Boerse AG) | Yes | Ordinary Shares | DE | EUR | Sep 2009 |
Biography
China All Access (Holdings) Limited, an investment holding company, provides communication application solutions and services in the People’s Republic of China. It operates through ICT, New Energy, and Inv...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/01/22 10:15 |
| End of Day Share Price | 2021/01/22 00:00 |
| Earnings | 2020/06/30 |
| Annual Earnings | 2019/12/31 |
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.