8111 Stock Overview
China Technology Industry Group Limited, an investment holding company, engages in the energy power system integration business and sale of renewable energy products in the People's Republic of China.
China Technology Industry Group Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.17|
|52 Week High||HK$0.49|
|52 Week Low||HK$0.11|
|1 Month Change||7.50%|
|3 Month Change||22.86%|
|1 Year Change||-42.67%|
|3 Year Change||-62.20%|
|5 Year Change||-63.40%|
|Change since IPO||-91.81%|
Recent News & Updates
Here's Why China Technology Industry Group (HKG:8111) Can Manage Its Debt Responsibly
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Returns Are Gaining Momentum At China Technology Industry Group (HKG:8111)
If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
|8111||HK Tech||HK Market|
Return vs Industry: 8111 exceeded the Hong Kong Tech industry which returned -51.2% over the past year.
Return vs Market: 8111 underperformed the Hong Kong Market which returned -24.5% over the past year.
|8111 Average Weekly Movement||12.8%|
|Tech Industry Average Movement||5.0%|
|Market Average Movement||6.3%|
|10% most volatile stocks in HK Market||12.7%|
|10% least volatile stocks in HK Market||3.1%|
Stable Share Price: 8111 is more volatile than 90% of Hong Kong stocks over the past 3 months, typically moving +/- 13% a week.
Volatility Over Time: 8111's weekly volatility (13%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.
About the Company
|n/a||28||Tung Ping Chiu||https://www.chinatechindgroup.com|
China Technology Industry Group Limited, an investment holding company, engages in the energy power system integration business and sale of renewable energy products in the People's Republic of China. The company also provides power system integration services, as well as system management services to the power stations. In addition, it sells photovoltaic mounting brackets, solar trackers, guardrail of the solar power stations, solar power related products, and towers for wind turbines; and provides onsite services and other related technology consultation services.
China Technology Industry Group Fundamentals Summary
|8111 fundamental statistics|
Is 8111 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|8111 income statement (TTM)|
|Cost of Revenue||CN¥77.01m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||-0.014|
|Net Profit Margin||-7.22%|
How did 8111 perform over the long term?See historical performance and comparison
Is 8111 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 3/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 8111?
Other financial metrics that can be useful for relative valuation.
|What is 8111's n/a Ratio?|
Price to Sales Ratio vs Peers
How does 8111's PS Ratio compare to its peers?
|8111 PS Ratio vs Peers|
|Company||PS||Estimated Growth||Market Cap|
164 China Baoli Technologies Holdings
2028 Jolimark Holdings
465 Futong Technology Development Holdings
6133 Vital Innovations Holdings
8111 China Technology Industry Group
Price-To-Sales vs Peers: 8111 is expensive based on its Price-To-Sales Ratio (0.8x) compared to the peer average (0.4x).
Price to Earnings Ratio vs Industry
How does 8111's PE Ratio compare vs other companies in the Asian Tech Industry?
Price-To-Sales vs Industry: 8111 is good value based on its Price-To-Sales Ratio (0.8x) compared to the Asian Tech industry average (1x)
Price to Sales Ratio vs Fair Ratio
What is 8111's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PS Ratio||0.8x|
|Fair PS Ratio||n/a|
Price-To-Sales vs Fair Ratio: Insufficient data to calculate 8111's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of 8111 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 8111 (HK$0.17) is trading below our estimate of fair value (HK$1.41)
Significantly Below Fair Value: 8111 is trading below fair value by more than 20%.
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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How is China Technology Industry Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
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 Technology Industry 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.
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- Examine whether China Technology Industry Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- China Technology Industry Group competitive advantages and company strategy can generally be found in its financial reports archived here.
How has China Technology Industry Group performed over the past 5 years?
Past Performance Score0/6
Past Performance Score 0/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8111 is currently unprofitable.
Growing Profit Margin: 8111 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 8111 is unprofitable, but has reduced losses over the past 5 years at a rate of 72% per year.
Accelerating Growth: Unable to compare 8111's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 8111 is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (-11%).
Return on Equity
High ROE: 8111 has a negative Return on Equity (-7.63%), as it is currently unprofitable.
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How is China Technology Industry Group's financial position?
Financial Health Score5/6
Financial Health Score 5/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: 8111's short term assets (CN¥164.9M) exceed its short term liabilities (CN¥81.4M).
Long Term Liabilities: 8111 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8111's net debt to equity ratio (65.1%) is considered high.
Reducing Debt: 8111's debt to equity ratio has reduced from 88.7% to 72.4% over the past 5 years.
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: Whilst unprofitable 8111 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8111 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.8% per year.
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What is China Technology Industry Group current dividend yield, its reliability and sustainability?
Dividend Score 0/6
Cash Flow Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 8111's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 8111'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 8111's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8111'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 8111 has not reported any payouts.
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How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tung Ping Chiu (70 yo)
Mr. Tung Ping Chiu has been the Chief Executive Officer of China Technology Industry Group Limited (formerly known as China Technology Solar Power Holdings Limited) (formerly Soluteck Holdings Limited) sin...
CEO Compensation Analysis
Compensation vs Market: Tung Ping's total compensation ($USD41.96K) is below average for companies of similar size in the Hong Kong market ($USD241.60K).
Compensation vs Earnings: Tung Ping's compensation has been consistent with company performance over the past year.
Experienced Management: 8111's management team is seasoned and experienced (10.2 years average tenure).
Experienced Board: 8111's board of directors are considered experienced (6.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
China Technology Industry Group Limited's employee growth, exchange listings and data sources
- Name: China Technology Industry Group Limited
- Ticker: 8111
- Exchange: SEHK
- Founded: NaN
- Industry: Technology Hardware, Storage and Peripherals
- Sector: Tech
- Implied Market Cap: HK$86.498m
- Shares outstanding: 448.18m
- Website: https://www.chinatechindgroup.com
Number of Employees
- China Technology Industry Group Limited
- Ocean Centre
- Suite 704, 7th Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|8111||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 2001|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/23 00:00|
|End of Day Share Price||2022/09/23 00:00|
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.