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8111

China Technology Industry Group SEHK:8111 Stock Report

Last Price

HK$0.17

Market Cap

HK$86.5m

7D

14.7%

1Y

-42.7%

Updated

23 Sep, 2022

Data

Company Financials
8111 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

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

Summary of all time highs, changes and price drops for China Technology Industry Group
Historical stock prices
Current Share PriceHK$0.17
52 Week HighHK$0.49
52 Week LowHK$0.11
Beta0.34
1 Month Change7.50%
3 Month Change22.86%
1 Year Change-42.67%
3 Year Change-62.20%
5 Year Change-63.40%
Change since IPO-91.81%

Recent News & Updates

Sep 22
Here's Why China Technology Industry Group (HKG:8111) Can Manage Its Debt Responsibly

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...

Jul 21
Returns Are Gaining Momentum At China Technology Industry Group (HKG:8111)

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...

Shareholder Returns

8111HK TechHK Market
7D14.7%-6.6%-3.4%
1Y-42.7%-52.1%-25.0%

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.

Price Volatility

Is 8111's price volatile compared to industry and market?
8111 volatility
8111 Average Weekly Movement12.8%
Tech Industry Average Movement5.0%
Market Average Movement6.3%
10% most volatile stocks in HK Market12.7%
10% least volatile stocks in HK Market3.1%

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

FoundedEmployeesCEOWebsite
n/a28Tung Ping Chiuhttps://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

How do China Technology Industry Group's earnings and revenue compare to its market cap?
8111 fundamental statistics
Market CapHK$86.50m
Earnings (TTM)-HK$7.16m
Revenue (TTM)HK$99.13m

0.8x

P/S Ratio

-10.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
8111 income statement (TTM)
RevenueCN¥89.39m
Cost of RevenueCN¥77.01m
Gross ProfitCN¥12.38m
Other ExpensesCN¥18.84m
Earnings-CN¥6.46m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.014
Gross Margin13.85%
Net Profit Margin-7.22%
Debt/Equity Ratio72.4%

How did 8111 perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is 8111 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

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

  • Analyst Forecast

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.

8111 key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.5x
Enterprise Value/EBITDA84.1x
PEG Ration/a

Price to Sales Ratio vs Peers

How does 8111's PS Ratio compare to its peers?

8111 PS Ratio vs Peers
The above table shows the PS ratio for 8111 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average0.4x
164 China Baoli Technologies Holdings
0.9xn/aHK$70.2m
2028 Jolimark Holdings
0.3xn/aHK$110.3m
465 Futong Technology Development Holdings
0.3xn/aHK$87.2m
6133 Vital Innovations Holdings
0.2xn/aHK$208.3m
8111 China Technology Industry Group
0.8xn/aHK$86.5m

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.

8111 PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.8x
Fair PS Ration/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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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.4%

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.


Discover growth companies

  • 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.

Past Performance

How has China Technology Industry Group performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


72.0%

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.


Discover strong past performing companies

Financial Health

How is China Technology Industry Group's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • 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.


Balance Sheet


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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Dividend

What is China Technology Industry Group current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend 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 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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Management

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

10.2yrs

Average management tenure


CEO

Tung Ping Chiu (70 yo)

10.17yrs

Tenure

CN¥297,000

Compensation

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.


Leadership Team

Experienced Management: 8111's management team is seasoned and experienced (10.2 years average tenure).


Board Members

Experienced Board: 8111's board of directors are considered experienced (6.2 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

Top 5 shareholders own 46.9% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
19.37%
Bo Huang
86,825,934CN¥14.9m0%no data
13.19%
Xioa Yan Li
59,094,406CN¥10.2m0%no data
7.93%
Yuan Ming Huang
35,548,238CN¥6.1m0%no data
5.85%
Hsiao Hou
26,228,000CN¥4.5m0%no data
0.56%
Man Kit Tse
2,487,469CN¥427.8k0%no data

Company Information

China Technology Industry Group Limited's employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • China Technology Industry Group Limited
  • Ocean Centre
  • Suite 704, 7th Floor
  • Kowloon
  • Kowloon
  • Hong Kong


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8111SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 2001

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/23 00:00
End of Day Share Price2022/09/23 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


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.