Hi-Level Technology Holdings Limited, an independent design house (IDH), engages in the sale of electronic components in the People’s Republic of China, Hong Kong, Taiwan, Korea, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$0.38|
|52 Week High||HK$0.24|
|52 Week Low||HK$0.49|
|1 Month Change||-2.60%|
|3 Month Change||-19.36%|
|1 Year Change||36.36%|
|3 Year Change||-5.06%|
|5 Year Change||-37.50%|
|Change since IPO||-62.12%|
Recent News & Updates
Most Shareholders Will Probably Find That The Compensation For Hi-Level Technology Holdings Limited's (HKG:8113) CEO Is Reasonable
Shareholders may be wondering what CEO Benson Chang plans to do to improve the less than great performance at Hi-Level...
|8113||HK Electronic||HK Market|
Return vs Industry: 8113 exceeded the Hong Kong Electronic industry which returned 27.9% over the past year.
Return vs Market: 8113 exceeded the Hong Kong Market which returned 5.9% over the past year.
Stable Share Price: 8113 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 8113's weekly volatility (6%) has been stable over the past year.
About the Company
Hi-Level Technology Holdings Limited, an independent design house (IDH), engages in the sale of electronic components in the People’s Republic of China, Hong Kong, Taiwan, Korea, and internationally. The company offers integrated circuit and panels for consumer electronic products, such as mobile internet devices, electronic learning aids, multi-media players, smartphone panel modules, set-top boxes, video image devices, tablets, CVRs, Wi-Fi modules and connectors, digital cameras, sport and drone cameras, e-books, wearable devices, and other products. It offers its IDH services to original design manufacturers and original brand manufacturers.
Hi-Level Technology Holdings Fundamentals Summary
|8113 fundamental statistics|
Is 8113 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|8113 income statement (TTM)|
|Cost of Revenue||HK$2.77b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.075|
|Net Profit Margin||1.71%|
How did 8113 perform over the long term?See historical performance and comparison
5.3%Current Dividend Yield
Is Hi-Level Technology Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 8113 (HK$0.38) is trading above our estimate of fair value (HK$0.31)
Significantly Below Fair Value: 8113 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 8113 is good value based on its PE Ratio (5x) compared to the Hong Kong Electronic industry average (8.9x).
PE vs Market: 8113 is good value based on its PE Ratio (5x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8113's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8113 is overvalued based on its PB Ratio (1.3x) compared to the HK Electronic industry average (0.8x).
How is Hi-Level Technology Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Hi-Level Technology 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.
How has Hi-Level Technology Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8113 has a high level of non-cash earnings.
Growing Profit Margin: 8113's current net profit margins (1.7%) are higher than last year (0.8%).
Past Earnings Growth Analysis
Earnings Trend: 8113's earnings have declined by 1.8% per year over the past 5 years.
Accelerating Growth: 8113's earnings growth over the past year (227.7%) exceeds its 5-year average (-1.8% per year).
Earnings vs Industry: 8113 earnings growth over the past year (227.7%) exceeded the Electronic industry 50.5%.
Return on Equity
High ROE: 8113's Return on Equity (27%) is considered high.
How is Hi-Level Technology Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 8113's short term assets (HK$830.9M) exceed its short term liabilities (HK$657.8M).
Long Term Liabilities: 8113's short term assets (HK$830.9M) exceed its long term liabilities (HK$2.4M).
Debt to Equity History and Analysis
Debt Level: 8113's debt to equity ratio (99.6%) is considered high.
Reducing Debt: 8113's debt to equity ratio has increased from 78.7% to 99.6% over the past 5 years.
Debt Coverage: 8113's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 8113's interest payments on its debt are well covered by EBIT (33.9x coverage).
What is Hi-Level Technology Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 8113's dividend (5.33%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.22%).
High Dividend: 8113's dividend (5.33%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.77%).
Stability and Growth of Payments
Stable Dividend: 8113 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 8113's dividend payments have increased, but the company has only paid a dividend for 5 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (46.4%), 8113's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Benson Chang (56 yo)
Mr. Chang Wei Hua, also known as Benson, has been Chief Executive Officer and Executive Director of Hi-Level Technology Holdings Limited since October 1, 2015. Mr. Chang served as General Manager of Hi-Lev...
CEO Compensation Analysis
Compensation vs Market: Benson's total compensation ($USD147.67K) is below average for companies of similar size in the Hong Kong market ($USD227.73K).
Compensation vs Earnings: Benson's compensation has been consistent with company performance over the past year.
Experienced Management: 8113's management team is seasoned and experienced (6 years average tenure).
Experienced Board: 8113's board of directors are considered experienced (5.9 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Hi-Level Technology Holdings Limited's employee growth, exchange listings and data sources
- Name: Hi-Level Technology Holdings Limited
- Ticker: 8113
- Exchange: SEHK
- Founded: 2000
- Industry: Technology Distributors
- Sector: Tech
- Market Cap: HK$244.789m
- Shares outstanding: 652.77m
- Website: https://www.hi-levelhk.com
Number of Employees
- Hi-Level Technology Holdings Limited
- Tower B, Hunghom Commercial Centre
- 6th Floor
- Hung Hom
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/25 16:51|
|End of Day Share Price||2021/10/25 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.