SEHK:8043

Stock Analysis Report

Executive Summary

Atlinks Group Limited, an investment holding company, designs, develops, and sells home and office telecommunication products to retailers, telecommunication operators, and distributors worldwide.

Risk Analysis

Earnings have declined by -83.36% per year over past 5 years

Does not have a meaningful market cap (HK$61M)

Currently unprofitable and not forecast to become profitable over the next 3 years

Highly volatile share price over past 3 months

+ 1 more risk


Snowflake Analysis

Adequate balance sheet and overvalued.


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Share Price & News

How has Atlinks Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8043's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-7.3%

8043

3.7%

HK Communications

0.6%

HK Market


1 Year Return

-30.5%

8043

-6.0%

HK Communications

-4.5%

HK Market

Return vs Industry: 8043 underperformed the Hong Kong Communications industry which returned -6% over the past year.

Return vs Market: 8043 underperformed the Hong Kong Market which returned -4.5% over the past year.


Shareholder returns

8043IndustryMarket
7 Day-7.3%3.7%0.6%
30 Day-1.3%-4.8%-5.2%
90 Day-27.1%7.4%2.3%
1 Year-30.5%-30.5%-3.6%-6.0%-1.0%-4.5%
3 Yearn/a18.3%8.8%14.4%2.9%
5 Yearn/a16.9%-0.3%15.5%-3.8%

Price Volatility Vs. Market

How volatile is Atlinks Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Atlinks Group undervalued compared to its fair value and its price relative to the market?

0.85x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8043's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8043's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8043 is unprofitable, so we can't compare its PE Ratio to the Communications industry average.

PE vs Market: 8043 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 8043's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8043 is good value based on its PB Ratio (0.9x) compared to the HK Communications industry average (1x).


Next Steps

Future Growth

How is Atlinks Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

19.9%

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 Atlinks Group 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 Atlinks Group performed over the past 5 years?

-83.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8043 is currently unprofitable.

Growing Profit Margin: 8043 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8043 is unprofitable, and losses have increased over the past 5 years at a rate of -83.4% per year.

Accelerating Growth: Unable to compare 8043's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8043 is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-9.3%).


Return on Equity

High ROE: 8043 has a negative Return on Equity (-20.82%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Atlinks Group's financial position?


Financial Position Analysis

Short Term Liabilities: 8043's short term assets (€23.3M) exceed its short term liabilities (€17.3M).

Long Term Liabilities: 8043's short term assets (€23.3M) exceed its long term liabilities (€3.3M).


Debt to Equity History and Analysis

Debt Level: 8043's debt to equity ratio (93.9%) is considered high.

Reducing Debt: Insufficient data to determine if 8043's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: 8043 has a high level of physical assets or inventory.

Debt Coverage by Assets: 8043's debt is covered by short term assets (assets are 2.9x debt).


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: 8043 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 8043 has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of -68% each year.


Next Steps

Dividend

What is Atlinks Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.3%markettop25%6.4%industryaverage2.8%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 8043's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 8043's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 8043's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8043'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 8043'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?

2.4yrs

Average board tenure


CEO

Chi Tong (54yo)

0.7yrs

Tenure

0

Mr. Chi Hoi Tong has been Chief Exectutive Officer and Executive Director of Atlinks Group Limited since June 28, 2019. Mr. Tong served as Managing Director of CCT Telecom Product Group. Mr. Tong served as ...


Board Members

NamePositionTenureCompensationOwnership
Ho Dora
CFO, Compliance Officer2.5yrs€248.25kno data
long Shing
Sales & Marketing Director of APAC & Russia and Executive Director2.5yrs€63.18kno data
Jean Alexis Rene Robert Duc
ATL Europe's MD & Executive Director2.5yrs€177.31kno data
Chi Tong
CEO & Executive Director0.7yrsno datano data
Kit Ying Lee
Independent Non-Executive Director0.7yrsno datano data
Didier Paul Henri Goujard
Non Executive Director2.5yrs€319.55kno data
Hak Kan Long
Chairman of the Board2.4yrsno datano data
Lai Ting Maria Goretti Lam
Independent Non-Executive Director2.2yrs€12.97kno data
Cheuk Man Vivian Chan
Independent Non-Executive Director2.2yrs€12.97kno data

2.4yrs

Average Tenure

49yo

Average Age

Experienced Board: 8043's board of directors are not considered experienced ( 2.4 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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.1%.


Top Shareholders

Company Information

Atlinks Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Atlinks Group Limited
  • Ticker: 8043
  • Exchange: SEHK
  • Founded: 2013
  • Industry: Communications Equipment
  • Sector: Tech
  • Market Cap: HK$61.200m
  • Shares outstanding: 400.00m
  • Website: https://www.atlinks.com

Number of Employees


Location

  • Atlinks Group Limited
  • Nan Fung Commercial Centre
  • Unit 1818
  • Kowloon Bay
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8043SEHK (The Stock Exchange of Hong Kong Ltd.)HKD0.01HKHKDJan 2018
8043SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 2018

Biography

Atlinks Group Limited, an investment holding company, designs, develops, and sells home and office telecommunication products to retailers, telecommunication operators, and distributors worldwide. The company develops and distributes telephones, monitoring solutions, baby monitors, and conferencing phones under the Alcatel brand; and landline phones, smart home accessories, mobile phones, and various services to support and reassure senior users under the Swissvoice brand. It also provides sound telephones, headphones, accessories, and mobile phones under the Amplicomms brand. In addition, the company develops and trades in electrical equipment, including radio communication equipment; and manages trademarks. The company was founded in 2013 and is based in Kowloon Bay, Hong Kong. Atlinks Group Limited is a subsidiary of Eiffel Global Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/19 13:18
End of Day Share Price2020/02/19 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.