| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 0/6 |
76 Stock Overview
Elate Holdings Limited, an investment holding company, manufactures and sells graphite products worldwide.
Elate Holdings Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.034 |
| 52 Week High | HK$0.06 |
| 52 Week Low | HK$0.022 |
| Beta | 1.05 |
| 1 Month Change | -2.86% |
| 3 Month Change | 3.03% |
| 1 Year Change | 36.00% |
| 3 Year Change | n/a |
| 5 Year Change | -38.18% |
| Change since IPO | -99.99% |
Recent News & Updates
Benign Growth For Elate Holdings Limited (HKG:76) Underpins Its Share Price
When close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") above 10x, you may consider...
Elate Holdings (HKG:76) Is Doing The Right Things To Multiply Its Share Price
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Elate Holdings (HKG:76) Is Looking To Continue Growing Its Returns On Capital
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...
Shareholder Returns
| 76 | HK Electronic | HK Market | |
|---|---|---|---|
| 7D | 3.0% | 4.5% | 0.2% |
| 1Y | 36.0% | -37.4% | -21.9% |
Return vs Industry: 76 exceeded the Hong Kong Electronic industry which returned -37.4% over the past year.
Return vs Market: 76 exceeded the Hong Kong Market which returned -21.9% over the past year.
Price Volatility
| 76 volatility | |
|---|---|
| 76 Average Weekly Movement | 6.8% |
| Electronic Industry Average Movement | 6.9% |
| Market Average Movement | 6.6% |
| 10% most volatile stocks in HK Market | 12.8% |
| 10% least volatile stocks in HK Market | 3.2% |
Stable Share Price: 76 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: 76's weekly volatility (7%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| n/a | 310 | Zhong Yun Feng | https://www.elate.hk |
Elate Holdings Limited, an investment holding company, manufactures and sells graphite products worldwide. The company also provides electronic products to the medical, defense, transportation, aerospace, security, maritime, natural gas, and other sectors. In addition, it is involved in securities trading; and the development of cultural industry business and multi-media products, including making movies, TV shows, and internet programs.
Elate Holdings Fundamentals Summary
| 76 fundamental statistics | |
|---|---|
| Market Cap | US$29.45m |
| Earnings (TTM) | US$4.80m |
| Revenue (TTM) | US$101.26m |
6.4x
P/E Ratio0.3x
P/S RatioIs 76 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 76 income statement (TTM) | |
|---|---|
| Revenue | US$101.26m |
| Cost of Revenue | US$83.39m |
| Gross Profit | US$17.87m |
| Other Expenses | US$13.07m |
| Earnings | US$4.80m |
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 30, 2022
| Earnings per share (EPS) | 0.00068 |
| Gross Margin | 17.65% |
| Net Profit Margin | 4.74% |
| Debt/Equity Ratio | 0% |
How did 76 perform over the long term?
See historical performance and comparisonValuation
Is 76 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 76?
Other financial metrics that can be useful for relative valuation.
| What is 76's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | US$29.45m |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 0.1x |
| Enterprise Value/EBITDA | 1.3x |
| PEG Ratio | n/a |
Price to Earnings Ratio vs Peers
How does 76's PE Ratio compare to its peers?
| 76 PE Ratio vs Peers |
|---|
| Company | PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 7x | ||
1480 Yan Tat Group Holdings | 6.2x | n/a | HK$283.2m |
9918 Wise Ally International Holdings | 7.6x | n/a | HK$178.0m |
8159 China United Venture Investment | 4.2x | n/a | HK$144.3m |
532 Wong's Kong King International (Holdings) | 8.6x | n/a | HK$605.8m |
76 Elate Holdings | 6.4x | n/a | HK$231.2m |
Price-To-Earnings vs Peers: 76 is good value based on its Price-To-Earnings Ratio (6.4x) compared to the peer average (7x).
Price to Earnings Ratio vs Industry
How does 76's PE Ratio compare vs other companies in the HK Electronic Industry?
Price-To-Earnings vs Industry: 76 is good value based on its Price-To-Earnings Ratio (6.4x) compared to the Hong Kong Electronic industry average (7.1x)
Price to Earnings Ratio vs Fair Ratio
What is 76's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 6.4x |
| Fair PE Ratio | n/a |
Price-To-Earnings vs Fair Ratio: Insufficient data to calculate 76's Price-To-Earnings Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 76 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate 76's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate 76's fair value for valuation analysis.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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Future Growth
How is Elate Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
12.6%
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 Elate 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.
Discover growth companies
- Check out Elate Holdings's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Elate Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
Past Performance
How has Elate Holdings performed over the past 5 years?
Past Performance Score
5/6Past Performance Score 5/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
60.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 76 has high quality earnings.
Growing Profit Margin: 76's current net profit margins (4.7%) are higher than last year (3.1%).
Past Earnings Growth Analysis
Earnings Trend: 76 has become profitable over the past 5 years, growing earnings by 60.2% per year.
Accelerating Growth: 76's earnings growth over the past year (61.5%) exceeds its 5-year average (60.2% per year).
Earnings vs Industry: 76 earnings growth over the past year (61.5%) exceeded the Electronic industry 19.6%.
Return on Equity
High ROE: 76's Return on Equity (1.2%) is considered low.
Discover strong past performing companies
Financial Health
How is Elate Holdings's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: 76's short term assets ($370.4M) exceed its short term liabilities ($19.4M).
Long Term Liabilities: 76's short term assets ($370.4M) exceed its long term liabilities ($618.0K).
Debt to Equity History and Analysis
Debt Level: 76 is debt free.
Reducing Debt: 76 had no debt 5 years ago.
Debt Coverage: 76 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 76 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is Elate Holdings's current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 76's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 76'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 76's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 76's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as 76 has not reported any payouts.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
9.7yrs
Average board tenure
CEO
Zhong Yun Feng (55 yo)
9.67yrs
Tenure
US$15,000
Compensation
Mr. Zhong Yun Feng has been Managing Director and Executive Director of Elate Holdings Limited (formerly known as South Sea Petroleum Holdings Limited). since December 31, 2012. Mr. Feng is a freelance art...
CEO Compensation Analysis
Compensation vs Market: Zhong Yun's total compensation ($USD15.00K) is below average for companies of similar size in the Hong Kong market ($USD244.27K).
Compensation vs Earnings: Zhong Yun's compensation has been consistent with company performance over the past year.
Board Members
Experienced Board: 76's board of directors are considered experienced (9.7 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
Elate Holdings Limited's employee growth, exchange listings and data sources
Key Information
- Name: Elate Holdings Limited
- Ticker: 76
- Exchange: SEHK
- Founded: NaN
- Industry: Electronic Manufacturing Services
- Sector: Tech
- Implied Market Cap: HK$231.219m
- Shares outstanding: 7.01b
- Website: https://www.elate.hk
Number of Employees
Location
- Elate Holdings Limited
- Unit 1002, Euro Trade Centre
- 10th Floor
- Central
- Hong Kong
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/08/09 00:00 |
| End of Day Share Price | 2022/08/09 00:00 |
| Earnings | 2021/12/31 |
| Annual Earnings | 2021/12/31 |
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.