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732

Truly International HoldingsSEHK:732 Stock Report

Market Cap

HK$7.8b

7D

4.9%

1Y

152.1%

Updated

20 Oct, 2021

Data

Company Financials +
732 fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance4/6
Financial Health4/6
Dividends3/6

732 Overview

Truly International Holdings Limited, an investment holding company, manufactures, sells, and trades in liquid crystal display products and electronic consumer products.

Price History & Performance

Summary of all time highs, changes and price drops for Truly International Holdings
Historical stock prices
Current Share PriceHK$2.37
52 Week HighHK$0.87
52 Week LowHK$3.09
Beta0.82
1 Month Change-1.25%
3 Month Change-15.66%
1 Year Change152.13%
3 Year Change107.90%
5 Year Change-26.85%
Change since IPO968.45%

Recent News & Updates

Sep 01
Here's What To Make Of Truly International Holdings' (HKG:732) Decelerating Rates Of Return

Here's What To Make Of Truly International Holdings' (HKG:732) Decelerating Rates Of Return

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Firstly, we'd...

Shareholder Returns

732HK ElectronicHK Market
7D4.9%6.1%2.8%
1Y152.1%26.9%6.6%

Return vs Industry: 732 exceeded the Hong Kong Electronic industry which returned 26.9% over the past year.

Return vs Market: 732 exceeded the Hong Kong Market which returned 6.6% over the past year.

Price Volatility

Is 732's price volatile compared to industry and market?
732 volatility
732 Beta0.82
Industry Beta1.01
Market Beta1

Stable Share Price: 732 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: 732's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a18,300Steven Lamhttps://www.truly.com.hk

Truly International Holdings Limited, an investment holding company, manufactures, sells, and trades in liquid crystal display products and electronic consumer products. It operates through two segments, LCD Products and Electronic Consumer Products. The company offers touch panel products and modules; compact camera modules; personal care products, including electric toothbrushes, blood glucose monitors, and blood pressure monitors; calculators and electronic components; printed and flexible circuit board panels, and plastic injection molding products for various applications; cover lens; health care products; and fingerprint identification modules and electrical devices.

Truly International Holdings Fundamentals Summary

How do Truly International Holdings's earnings and revenue compare to its market cap?
732 fundamental statistics
Market CapHK$7.80b
Earnings (TTM)HK$868.05m
Revenue (TTM)HK$22.87b

9.0x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
732 income statement (TTM)
RevenueHK$22.87b
Cost of RevenueHK$20.44b
Gross ProfitHK$2.43b
ExpensesHK$1.56b
EarningsHK$868.05m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.26
Gross Margin10.61%
Net Profit Margin3.80%
Debt/Equity Ratio45.2%

How did 732 perform over the long term?

See historical performance and comparison

Dividends

4.2%

Current Dividend Yield

19%

Payout Ratio

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 732 (HK$2.37) is trading below our estimate of fair value (HK$21.86)

Significantly Below Fair Value: 732 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 732's PE Ratio (9x) is in line with the Hong Kong Electronic industry average.

PE vs Market: 732 is good value based on its PE Ratio (9x) compared to the Hong Kong market (9.7x).


Price to Earnings Growth Ratio

PEG Ratio: 732 is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: 732's PB Ratio (0.8x) is in line with the HK Electronic industry average.


Future Growth

How is Truly International Holdings forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

33.2%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 732's forecast earnings growth (33.2% per year) is above the savings rate (1.5%).

Earnings vs Market: 732's earnings (33.2% per year) are forecast to grow faster than the Hong Kong market (17.4% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 732's revenue (12.2% per year) is forecast to grow slower than the Hong Kong market (12.5% per year).

High Growth Revenue: 732's revenue (12.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 732's Return on Equity is forecast to be high in 3 years time


Past Performance

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

14.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 732 has high quality earnings.

Growing Profit Margin: 732's current net profit margins (3.8%) are higher than last year (3.2%).


Past Earnings Growth Analysis

Earnings Trend: 732's earnings have grown by 14.5% per year over the past 5 years.

Accelerating Growth: 732's earnings growth over the past year (20.3%) exceeds its 5-year average (14.5% per year).

Earnings vs Industry: 732 earnings growth over the past year (20.3%) underperformed the Electronic industry 50.5%.


Return on Equity

High ROE: 732's Return on Equity (8.6%) is considered low.


Financial Health

How is Truly International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 732's short term assets (HK$10.7B) do not cover its short term liabilities (HK$13.3B).

Long Term Liabilities: 732's short term assets (HK$10.7B) exceed its long term liabilities (HK$1.3B).


Debt to Equity History and Analysis

Debt Level: 732's debt to equity ratio (45.2%) is considered high.

Reducing Debt: 732's debt to equity ratio has reduced from 95.3% to 45.2% over the past 5 years.

Debt Coverage: 732's debt is well covered by operating cash flow (64.5%).

Interest Coverage: 732's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


Dividend

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

4.22%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 732's dividend (4.22%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).

High Dividend: 732's dividend (4.22%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.78%).


Stability and Growth of Payments

Stable Dividend: 732's dividend payments have been volatile in the past 10 years.

Growing Dividend: 732's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (18.9%), 732's dividend payments are well 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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.9yrs

Average board tenure


CEO

Steven Lam (68 yo)

no data

Tenure

HK$4,234,000

Compensation

Mr. Wai Wah Lam, also known as Steven, serves as an Executive Chairman and Managing Director of Truly International Holdings Ltd. Mr. Lam is the founder of Truly International Holdings Ltd. and has over 26...


CEO Compensation Analysis

Compensation vs Market: Steven's total compensation ($USD544.47K) is about average for companies of similar size in the Hong Kong market ($USD446.85K).

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


Board Members

Experienced Board: 732's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


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.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Truly International Holdings Limited
  • Ticker: 732
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: HK$7.795b
  • Shares outstanding: 3.29b
  • Website: https://www.truly.com.hk

Number of Employees


Location

  • Truly International Holdings Limited
  • Chung Shun Knitting Centre
  • 2nd Floor
  • Kwai Chung
  • New Territories
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:15
End of Day Share Price2021/10/20 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.