SEHK:633

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China All Access (Holdings)

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


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 more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: 633's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.


Market Performance


7 Day Return

6.5%

633

3.9%

HK Communications

1.4%

HK Market


1 Year Return

-27.2%

633

45.7%

HK Communications

11.5%

HK Market

Return vs Industry: 633 underperformed the Hong Kong Communications industry which returned 45.7% over the past year.

Return vs Market: 633 underperformed the Hong Kong Market which returned 11.5% over the past year.


Shareholder returns

633IndustryMarket
7 Day6.5%3.9%1.4%
30 Day1.6%0.2%8.1%
90 Dayn/a11.8%6.1%
1 Year-27.2%-27.2%49.3%45.7%16.0%11.5%
3 Year-93.5%-94.0%-11.2%-18.1%1.7%-8.8%
5 Year-94.2%-94.9%124.8%92.2%33.3%10.9%

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

Valuation

Is China All Access (Holdings) undervalued compared to its fair value and its price relative to the market?

0.69x

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 (0.7x) compared to the HK Communications industry average (0.8x).


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?

34.6%

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

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?

8.7yrs

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 ($USD614.80K) is above average for companies of similar size in the Hong Kong market ($USD230.41K).

Compensation vs Earnings: Kwok Keung's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Yuen Ming Chan
Founder & Executive Chairmanno dataCN¥2.39m25.54%
CN¥ 77.4m
Kwok Keung Shao
CEO, Company Secretary & Executive Directorno dataCN¥4.04mno data
Hiu Yeung Li
Chief Technology Officer4.33yrsno data7.96%
CN¥ 24.1m
Ping Yu
Head of Satellite Communication Technology Business Department14.25yrsno datano data
Hai Jun Zhao
Head of Research and Development Department12.08yrsno datano data
Yong Wang
Executive Vice President2.42yrsno datano data
Munkin Wong
Deputy Chief Executive Officer5.25yrsno datano data

8.7yrs

Average Tenure

54.5yo

Average Age

Experienced Management: 633's management team is seasoned and experienced (8.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Yuen Ming Chan
Founder & Executive Chairmanno dataCN¥2.39m25.54%
CN¥ 77.4m
Kwok Keung Shao
CEO, Company Secretary & Executive Directorno dataCN¥4.04mno data
Che Man Wong
Independent Non-Executive Director11.25yrsCN¥264.00kno data
Tiejun Bao
Vice-Chairman1.75yrsCN¥92.00kno data
Kin Hung Lam
Independent Non-Executive Director11.25yrsCN¥264.00kno data
Sui Kwan Tam
Independent Non-Executive Director1.33yrsCN¥124.00kno data

11.3yrs

Average Tenure

61.5yo

Average Age

Experienced Board: 633's board of directors are seasoned and experienced ( 11.3 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$302.858m
  • 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
633SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDSep 2009
C5KDB (Deutsche Boerse AG)YesOrdinary SharesDEEURSep 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/28 10:04
End of Day Share Price2020/11/27 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.