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China Technology Solar Power Holdings

SEHK:8111
Snowflake Description

Adequate balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8111
SEHK
HK$180M
Market Cap
  1. Home
  2. HK
  3. Tech
Company description

China Technology Solar Power Holdings Limited, an investment holding company, primarily provides solar power related products in the People's Republic of China. The last earnings update was 68 days ago. More info.


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  • China Technology Solar Power Holdings has significant price volatility in the past 3 months.
8111 Share Price and Events
7 Day Returns
9%
SEHK:8111
0.7%
HK Tech
0.5%
HK Market
1 Year Returns
19.8%
SEHK:8111
-1.2%
HK Tech
-4.2%
HK Market
8111 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
China Technology Solar Power Holdings (8111) 9% 11.5% -17.8% 19.8% -29.2% -46.1%
HK Tech 0.7% 2.6% 17.9% -1.2% -6.3% -30.8%
HK Market 0.5% 2.3% 11.5% -4.2% 28.1% 21.6%
1 Year Return vs Industry and Market
  • 8111 outperformed the Tech industry which returned -1.2% over the past year.
  • 8111 outperformed the Market in Hong Kong which returned -4.2% over the past year.
Price Volatility
8111
Industry
5yr Volatility vs Market

8111 Value

 Is China Technology Solar Power Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for China Technology Solar Power Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.097.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for China Technology Solar Power Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are China Technology Solar Power Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8111 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$-0.01
SEHK:8111 Share Price ** SEHK (2019-04-23) in HKD HK$0.1
Hong Kong Tech Industry PE Ratio Median Figure of 12 Publicly-Listed Tech Companies 11.9x
Hong Kong Market PE Ratio Median Figure of 1,473 Publicly-Listed Companies 12.01x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of China Technology Solar Power Holdings.

SEHK:8111 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8111 Share Price ÷ EPS (both in HKD)

= 0.1 ÷ -0.01

-10.26x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Technology Solar Power Holdings is loss making, we can't compare its value to the HK Tech industry average.
  • China Technology Solar Power Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does China Technology Solar Power Holdings's expected growth come at a high price?
Raw Data
SEHK:8111 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -10.26x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Tech Industry PEG Ratio Median Figure of 5 Publicly-Listed Tech Companies 0.95x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.87x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for China Technology Solar Power Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on China Technology Solar Power Holdings's assets?
Raw Data
SEHK:8111 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$0.03
SEHK:8111 Share Price * SEHK (2019-04-23) in HKD HK$0.1
Hong Kong Tech Industry PB Ratio Median Figure of 21 Publicly-Listed Tech Companies 0.99x
Hong Kong Market PB Ratio Median Figure of 2,149 Publicly-Listed Companies 1.03x
SEHK:8111 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8111 Share Price ÷ Book Value per Share (both in HKD)

= 0.1 ÷ 0.03

2.87x

* Primary Listing of China Technology Solar Power Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • China Technology Solar Power Holdings is overvalued based on assets compared to the HK Tech industry average.
X
Value checks
We assess China Technology Solar Power Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Tech industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Tech industry average (and greater than 0)? (1 check)
  5. China Technology Solar Power Holdings has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

8111 Future Performance

 How is China Technology Solar Power Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Solar Power 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.1%
Expected Tech industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is China Technology Solar Power Holdings expected to grow at an attractive rate?
  • Unable to compare China Technology Solar Power Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare China Technology Solar Power Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare China Technology Solar Power Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8111 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Tech Industry Earnings Growth Rate Market Cap Weighted Average 17.1%
Hong Kong Tech Industry Revenue Growth Rate Market Cap Weighted Average 13.2%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 11.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:8111 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:8111 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 146 -15
2018-09-30 93 1 -30
2018-06-30 78 -31
2018-03-31 94 -21 -18
2017-12-31 58 -322
2017-09-30 37 -91 -325
2017-06-30 24 -326
2017-03-31 12 17 -333
2016-12-31 163 38
2016-09-30 182 71 36
2016-06-30 197 50
2016-03-31 192 -34 46

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if China Technology Solar Power Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if China Technology Solar Power Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:8111 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from China Technology Solar Power Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8111 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 -0.01
2018-09-30 -0.02
2018-06-30 -0.02
2018-03-31 -0.01
2017-12-31 -0.22
2017-09-30 -0.23
2017-06-30 -0.23
2017-03-31 -0.23
2016-12-31 0.03
2016-09-30 0.03
2016-06-30 0.04
2016-03-31 0.04

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if China Technology Solar Power Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine China Technology Solar Power Holdings's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  2. China Technology Solar Power Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Tech companies here
  3. China Technology Solar Power Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess China Technology Solar Power Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
China Technology Solar Power Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

8111 Past Performance

  How has China Technology Solar Power Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare China Technology Solar Power Holdings's growth in the last year to its industry (Tech).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • China Technology Solar Power Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare China Technology Solar Power Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare China Technology Solar Power Holdings's 1-year growth to the HK Tech industry average as it is not currently profitable.
Earnings and Revenue History
China Technology Solar Power Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from China Technology Solar Power Holdings Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8111 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 145.69 -14.60 20.64
2018-09-30 93.41 -29.63 21.10
2018-06-30 77.53 -31.29 21.02
2018-03-31 94.01 -17.58 19.48
2017-12-31 57.80 -321.72 54.19
2017-09-30 37.03 -324.61 53.42
2017-06-30 23.89 -326.36 53.63
2017-03-31 12.25 -333.15 54.37
2016-12-31 162.82 38.46 23.77
2016-09-30 181.95 36.19 29.38
2016-06-30 197.14 49.83 33.44
2016-03-31 192.42 46.49 35.62
2015-12-31 140.86 28.88 28.32
2015-09-30 129.18 39.83 22.40
2015-06-30 114.00 27.65 17.93
2015-03-31 113.33 29.67 14.30
2014-12-31 75.67 12.80 12.78
2014-09-30 67.13 8.12 12.38
2014-06-30 69.89 7.85 12.90
2014-03-31 74.52 10.07 13.76
2013-12-31 23.23 -6.02 11.46
2013-09-30 37.91 6.17 16.00
2013-06-30 44.19 4.75 17.08
2013-03-31 52.35 3.59 17.15
2012-12-31 42.65 -0.76 19.38
2012-09-30 36.53 -23.03 19.69
2012-06-30 36.93 -28.29 18.98

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if China Technology Solar Power Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if China Technology Solar Power Holdings has efficiently used its assets last year compared to the HK Tech industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if China Technology Solar Power Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess China Technology Solar Power Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Tech industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
China Technology Solar Power Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

8111 Health

 How is China Technology Solar Power Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up China Technology Solar Power Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • China Technology Solar Power Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • China Technology Solar Power Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of China Technology Solar Power Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 2.5x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from China Technology Solar Power Holdings Company Filings, last reported 3 months ago.

SEHK:8111 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 72.81 49.94 17.56
2018-09-30 72.81 49.94 17.56
2018-06-30 60.66 66.65 32.27
2018-03-31 60.66 66.65 32.27
2017-12-31
2017-09-30 68.20 60.61 4.71
2017-06-30 64.46 57.17 36.88
2017-03-31 64.46 57.17 36.88
2016-12-31
2016-09-30 390.33 53.88 71.63
2016-06-30 404.66 56.36 9.12
2016-03-31 404.66 56.36 9.12
2015-12-31
2015-09-30 338.02 54.32 10.14
2015-06-30 306.06 52.38 46.51
2015-03-31 306.06 52.38 46.51
2014-12-31
2014-09-30 255.79 48.64 7.33
2014-06-30 250.84 45.19 15.64
2014-03-31 250.84 45.19 15.64
2013-12-31
2013-09-30 217.84 52.85 15.50
2013-06-30 224.69 48.10 7.93
2013-03-31 224.69 48.10 7.93
2012-12-31
2012-09-30 212.66 61.00 27.15
2012-06-30 218.43 52.01 31.95
  • China Technology Solar Power Holdings's level of debt (68.6%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (20.9% vs 68.6% today).
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.

  • Whilst loss making China Technology Solar Power Holdings has sufficient cash runway for more than 3 years if it maintains the current positive free cash flow level.
  • Whilst loss making China Technology Solar Power Holdings has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.2% per year.
X
Financial health checks
We assess China Technology Solar Power Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. China Technology Solar Power Holdings has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

8111 Dividends

 What is China Technology Solar Power Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from China Technology Solar Power Holdings dividends.
If you bought HK$2,000 of China Technology Solar Power Holdings shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate China Technology Solar Power Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate China Technology Solar Power Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:8111 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Tech Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 2.8%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 965 Stocks 3.4%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.1%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 1.9%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.3%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as China Technology Solar Power Holdings has not reported any payouts.
  • Unable to verify if China Technology Solar Power Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of China Technology Solar Power Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as China Technology Solar Power Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess China Technology Solar Power Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.1%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can China Technology Solar Power Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. China Technology Solar Power Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

8111 Management

 What is the CEO of China Technology Solar Power Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Tung Chiu
COMPENSATION HK$360,000
AGE 66
TENURE AS CEO 6.8 years
CEO Bio

Mr. Tung Ping Chiu has been the Chief Executive Officer of China Technology Solar Power Holdings Limited (formerly Soluteck Holdings Limited) since July 13, 2012. Mr. Chiu serves as the General Manager of Qinghai Baike Solar Power Co., Ltd. Mr. Chiu is Co-Owner of Good Million Investments Limited. Mr. Chiu has been the Chairman and Executive Director of China Technology Solar Power Holdings Limited (formerly Soluteck Holdings Limited) since June 8, 2011. He serves as the Vice-Chairperson of Gansu Province Industrial and Commercial Industry Association. Mr. Chiu is the Honorary president of the Hong Kong General Association of International Investment. He is a committee member of the 10th Plenary of the Chinese People’s Political Consultative Conference Gansu Committee.

CEO Compensation
  • Tung's compensation has been consistent with company performance over the past year.
  • Tung's remuneration is lower than average for companies of similar size in Hong Kong.
Management Team

Tung Chiu

TITLE
Chairman & CEO
COMPENSATION
HK$360K
AGE
66
TENURE
6.8 yrs

Xin Hu

TITLE
Compliance Officer & Executive Director
COMPENSATION
HK$257K
AGE
35
TENURE
6.8 yrs

Hsiao Hou

TITLE
Head of Business Development & Executive Director
COMPENSATION
HK$2M
AGE
63

Hing Yuen

TITLE
Executive Director
COMPENSATION
HK$120K
AGE
62

Anita Chan

TITLE
CFO, Company Secretary & Financial Controller
AGE
51

Ming Cao

TITLE
Chief Technical Engineer of A Subsidiary of The Group
AGE
37
Board of Directors Tenure

Average tenure and age of the China Technology Solar Power Holdings board of directors in years:

6.8
Average Tenure
58
Average Age
  • The tenure for the China Technology Solar Power Holdings board of directors is about average.
Board of Directors

Tung Chiu

TITLE
Chairman & CEO
COMPENSATION
HK$360K
AGE
66
TENURE
7.8 yrs

Xin Hu

TITLE
Compliance Officer & Executive Director
COMPENSATION
HK$257K
AGE
35
TENURE
7.1 yrs

Hsiao Hou

TITLE
Head of Business Development & Executive Director
COMPENSATION
HK$2M
AGE
63

Hing Yuen

TITLE
Executive Director
COMPENSATION
HK$120K
AGE
62
TENURE
7.8 yrs

Xingqin Ma

TITLE
Independent Non-Executive Director
COMPENSATION
HK$44K
AGE
30
TENURE
2.8 yrs

Xianglin Meng

TITLE
Independent Non Executive Director
COMPENSATION
HK$120K
AGE
54
TENURE
6.4 yrs

Guangwu Dong

TITLE
Independent Non Executive Director
COMPENSATION
HK$241K
AGE
47
TENURE
6.4 yrs

Shut Lam

TITLE
Director of Truth Honour Electronic Limited
AGE
71
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
X
Management checks
We assess China Technology Solar Power Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. China Technology Solar Power Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

8111 News

Simply Wall St News

What Kind Of Shareholder Owns Most China Technology Solar Power Holdings Limited (HKG:8111) Stock?

A look at the shareholders of China Technology Solar Power Holdings Limited (HKG:8111) can tell us which group is most powerful. … With a market capitalization of HK$180m, China Technology Solar Power Holdings is a small cap stock, so it might not be well known by many institutional investors. … Taking a look at our data on the ownership groups (below), it's seems that.

Simply Wall St -

How Financially Strong Is China Technology Solar Power Holdings Limited (HKG:8111)?

Investors are always looking for growth in small-cap stocks like China Technology Solar Power Holdings Limited (HKG:8111), with a market cap of HK$218m. … However, an important fact which most ignore is: how financially healthy is the business? … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Do Insiders Own Shares In China Technology Solar Power Holdings Limited (HKG:8111)?

If you want to know who really controls China Technology Solar Power Holdings Limited (HKG:8111), then you'll have to look at the makeup of its share registry. … China Technology Solar Power Holdings is not a large company by global standards. … See our latest analysis for China Technology Solar Power Holdings

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Is China Technology Solar Power Holdings Limited (HKG:8111) A Financially Sound Company?

China Technology Solar Power Holdings Limited (HKG:8111) is a small-cap stock with a market capitalization of HK$128.16m. … While investors primarily focus on the growth potential and competitive landscape of the small-cap companies, they end up ignoring a key aspect, which could be the biggest threat to its existence: its financial health. … Evaluating financial health as part of your investment thesis is

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Who Are The Largest Shareholders In China Technology Solar Power Holdings Limited (HKG:8111)?

In this article, I will take a quick look at China Technology Solar Power Holdings Limited’s (HKG:8111) recent ownership structure – an unconventional investing subject, but an important one. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Check out our latest analysis for China Technology Solar Power Holdings

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What Kind Of Risk Should You Expect For China Technology Solar Power Holdings Limited (HKG:8111)?

Generally, an investor should consider two types of risk that impact the market value of 8111. … A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

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How Much Cash Is Left In The Bank For China Technology Solar Power Holdings Limited (HKG:8111)?

View our latest analysis for China Technology Solar Power Holdings What is cash burn? … My cash burn analysis suggests that, if China Technology Solar Power Holdings continues to spend its cash reserves at this current high rate, it’ll have to raise capital within the upcoming months, which may be a surprise to some shareholders. … Even though this is analysis is fairly basic, and China Technology Solar Power Holdings still can cut its overhead in the near future, or open a new line of credit instead of issuing new equity shares, the outcome of this analysis still helps us understand how sustainable the China Technology Solar Power Holdings’s operation is, and when things may have to change.

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Who Are China Technology Solar Power Holdings Limited's (HKG:8111) Major Shareholders?

In this analysis, my focus will be on developing a perspective on China Technology Solar Power Holdings Limited’s (SEHK:8111) latest ownership structure, a less discussed, but important factor. … View our latest analysis for China Technology Solar Power Holdings SEHK:8111 Ownership_summary Apr 7th 18 Insider Ownership Another important group of shareholders are company insiders. … With this size of ownership, retail investors can collectively play a role in major company policies that affect shareholders returns, including executive remuneration and the appointment of directors.

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What Investors Should Know About China Technology Solar Power Holdings Limited's (HKG:8111) Financial Strength

How does 8111’s operating cash flow stack up against its debt? … At this current level of debt, 8111 currently has HK$36.88M remaining in cash and short-term investments for investing into the business. … Moreover, 8111 has generated HK$17.29M in operating cash flow over the same time period, leading to an operating cash to total debt ratio of 30.25%, meaning that 8111’s operating cash is sufficient to cover its debt.

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What's The Cash Runway For China Technology Solar Power Holdings Limited (HKG:8111)?

Today I’ve examined China Technology Solar Power Holdings’s financial data from its most recent earnings update, to roughly assess when the company may need to raise new capital. … SEHK:8111 Income Statement Feb 12th 18 When will China Technology Solar Power Holdings need to raise more cash? … Although this is a relatively simplistic calculation, and China Technology Solar Power Holdings may reduce its costs or raise debt capital instead of coming to equity markets, the outcome of this analysis still helps us understand how sustainable the China Technology Solar Power Holdings’s operation is, and when things may have to change.

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8111 Company Info

Description

China Technology Solar Power Holdings Limited, an investment holding company, primarily provides solar power related products in the People's Republic of China. The company operates through Sales of Solar Power Related Products; New Energy Power System Integration Business; and Sales of Self-Service Automatic Teller Machine (ATM) Systems and Printing Systems segments. It researches, develops, sells, and offers technology consultation services for photovoltaic mounting brackets, solar trackers, and the guardrail of the solar power stations and solar power related products. The company also provides power system integration services, as well as system management services to the power stations. In addition, it sells self-service ATM and printing systems; and provides hardware and software technical support services. Further, the company offers designs and develops network communication and system software products, as well as related technical and consultation services; and sells self-produced products. The company was formerly known as Soluteck Holdings Limited and changed its name to China Technology Solar Power Holdings Limited in August 2011. China Technology Solar Power Holdings Limited is headquartered in Central, Hong Kong.

Details
Name: China Technology Solar Power Holdings Limited
8111
Exchange: SEHK
Founded:
HK$179,852,819
1,835,232,850
Website: http://www.chinatechsolar.com
Address: China Technology Solar Power Holdings Limited
Kai Tak Commercial Building,
18th Floor,
Central,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8111 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 03. Jan 2001
Number of employees
Current staff
Staff numbers
33
China Technology Solar Power Holdings employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/23 12:37
End of day share price update: 2019/04/23 00:00
Last earnings filing: 2019/02/14
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.