SEHK:8051

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CircuTech International Holdings

Executive Summary

CircuTech International Holdings Limited, an investment holding company, engages in the research and development, manufacture, marketing, and sale of video surveillance systems in North America, Europe, Asia, Africa, and internationally.


Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

How has CircuTech International Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8051's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-0.4%

8051

8.6%

HK Electronic

5.8%

HK Market


1 Year Return

-10.9%

8051

4.9%

HK Electronic

-4.0%

HK Market

Return vs Industry: 8051 underperformed the Hong Kong Electronic industry which returned 4.9% over the past year.

Return vs Market: 8051 underperformed the Hong Kong Market which returned -4% over the past year.


Shareholder returns

8051IndustryMarket
7 Day-0.4%8.6%5.8%
30 Day8.4%3.4%4.0%
90 Day-21.9%-10.9%-2.6%
1 Year-10.9%-10.9%7.1%4.9%-0.6%-4.0%
3 Year-57.5%-62.0%-21.8%-27.5%1.3%-9.2%
5 Year-73.5%-76.3%13.2%-1.6%-9.2%-23.5%

Price Volatility Vs. Market

How volatile is CircuTech International Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

50.66x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8051's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8051's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8051 is poor value based on its PE Ratio (50.7x) compared to the Electronic industry average (9.2x).

PE vs Market: 8051 is poor value based on its PE Ratio (50.7x) compared to the Hong Kong market (9.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8051's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8051 is overvalued based on its PB Ratio (1.3x) compared to the HK Electronic industry average (0.7x).


Next Steps

Future Growth

How is CircuTech International Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.5%

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 CircuTech International 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 CircuTech International Holdings performed over the past 5 years?

5.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8051 has high quality earnings.

Growing Profit Margin: 8051 became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: 8051 has become profitable over the past 5 years, growing earnings by 5.8% per year.

Accelerating Growth: 8051 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: 8051 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (-4.3%).


Return on Equity

High ROE: 8051's Return on Equity (2.5%) is considered low.


Next Steps

Financial Health

How is CircuTech International Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 8051's short term assets (HK$127.6M) exceed its short term liabilities (HK$17.3M).

Long Term Liabilities: 8051's short term assets (HK$127.6M) exceed its long term liabilities (HK$9.0K).


Debt to Equity History and Analysis

Debt Level: 8051 is debt free.

Reducing Debt: 8051 had no debt 5 years ago.

Debt Coverage: 8051 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8051 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 8051's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 8051'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 8051's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8051'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 8051'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?

0.6yrs

Average management tenure


CEO

Ching-Hsuan Chen (56yo)

0.083

Tenure

Ms. Ching-Hsuan Chen has been Executive Director at CircuTech International Holdings Limited (alternate name : TeleEye Holdings Ltd.) since June 2016 and its Chief Operating Officer since May 31, 2019. Ms. ...


Leadership Team

NamePositionTenureCompensationOwnership
Sung-Tai Hong
Executive Chairman of the Board1.08yrsHK$284.97kno data
Ching-Hsuan Chen
CEO, Compliance Officer0.083yrno datano data
Chun-Wei Han
CFO & Executive Director1.08yrsno datano data
Biing-Hann Tsai
Executive Director1.08yrsno datano data
Ka Ho Ho
Co-Founder & CEO of the Video Surveillance Business Lineno dataHK$628.00kno data
Hoi Kwong Tam
Company Secretary3yrsno datano data

0.6yrs

Average Tenure

51.5yo

Average Age

Experienced Management: 8051's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Sung-Tai Hong
Executive Chairman of the Board1.08yrsHK$284.97kno data
Ching-Hsuan Chen
CEO, Compliance Officer0.083yrno datano data
Chun-Wei Han
CFO & Executive Director1.08yrsno datano data
Biing-Hann Tsai
Executive Director1.08yrsno datano data
Wai Hung Yeung
Independent Non-Executive Director4yrsHK$120.00kno data
Hua-Ben Miao
Independent Non-Executive Director4yrsHK$120.00kno data
Kit Ling Li
Independent Non-Executive Director2.5yrsHK$120.00kno data
Chao Yang Kao
Non-Executive Director1.08yrsno datano data

1.8yrs

Average Tenure

56.5yo

Average Age

Experienced Board: 8051's board of directors are not considered experienced ( 1.8 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

CircuTech International Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CircuTech International Holdings Limited
  • Ticker: 8051
  • Exchange: SEHK
  • Founded: 1994
  • Industry: Electronic Equipment and Instruments
  • Sector: Tech
  • Market Cap: HK$170.129m
  • Shares outstanding: 23.43m
  • Website: https://www.circutech.com

Number of Employees


Location

  • CircuTech International Holdings Limited
  • Tower Two
  • 31st Floor
  • Causeway Bay
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8051SEHK (The Stock Exchange of Hong Kong Ltd.)HKD0.2HKHKDNo data
8051SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMay 2001

Biography

CircuTech International Holdings Limited, an investment holding company, engages in the research and development, manufacture, marketing, and sale of video surveillance systems in North America, Europe, Asia, Africa, and internationally. It is also involved in the distribution of third party IT products; and provision of repair, maintenance, and other support services for electronic products. The company was formerly known as TeleEye Holdings Limited and changed its name to CircuTech International Holdings Limited in August 2016. CircuTech International Holdings Limited was founded in 1994 and is headquartered in Causeway Bay, Hong Kong. CircuTech International Holdings Limited is a subsidiary of Foxconn (Far East) Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/06/06 12:50
End of Day Share Price2020/06/05 00:00
Earnings2020/03/31
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.