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.
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Adequate balance sheet with proven track record.
Share Price & News
How has Hi-Level Technology Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8113's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 8113 underperformed the Hong Kong Electronic industry which returned -3.9% over the past year.
Return vs Market: 8113 underperformed the Hong Kong Market which returned -10% over the past year.
Price Volatility Vs. Market
How volatile is Hi-Level Technology Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StIs Hi-Level Technology Holdings Limited's (HKG:8113) CEO Being Overpaid?
3 weeks ago | Simply Wall StHere's Why We Think Hi-Level Technology Holdings's (HKG:8113) Statutory Earnings Might Be Conservative
1 month ago | Simply Wall StHi-Level Technology Holdings (HKG:8113) Has A Pretty Healthy Balance Sheet
Is Hi-Level Technology Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 8113 (HK$0.25) is trading below our estimate of fair value (HK$2.94)
Significantly Below Fair Value: 8113 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 8113 is poor value based on its PE Ratio (11.1x) compared to the Electronic industry average (8.7x).
PE vs Market: 8113 is poor value based on its PE Ratio (11.1x) compared to the Hong Kong market (9.3x).
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 (1.2x) compared to the HK Electronic industry average (0.7x).
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.
- Check out Hi-Level Technology Holdings's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- Hi-Level Technology Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has Hi-Level Technology Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8113 has high quality earnings.
Growing Profit Margin: 8113's current net profit margins (0.8%) are higher than last year (0.08%).
Past Earnings Growth Analysis
Earnings Trend: 8113's earnings have declined by -10.3% per year over the past 5 years.
Accelerating Growth: 8113's earnings growth over the past year (966.5%) exceeds its 5-year average (-10.3% per year).
Earnings vs Industry: 8113 earnings growth over the past year (966.5%) exceeded the Electronic industry -4.3%.
Return on Equity
High ROE: 8113's Return on Equity (10.7%) is considered low.
How is Hi-Level Technology Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 8113's short term assets (HK$548.8M) exceed its short term liabilities (HK$416.8M).
Long Term Liabilities: 8113's short term assets (HK$548.8M) exceed its long term liabilities (HK$360.0K).
Debt to Equity History and Analysis
Debt Level: 8113's debt to equity ratio (107%) is considered high.
Reducing Debt: 8113's debt to equity ratio has increased from 34.8% to 107% over the past 5 years.
Debt Coverage: 8113's debt is well covered by operating cash flow (122.9%).
Interest Coverage: 8113's interest payments on its debt are well covered by EBIT (3.1x coverage).
What is Hi-Level Technology Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 8113's dividend (8%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.61%).
High Dividend: 8113's dividend (8%) is in the top 25% of dividend payers in the Hong Kong market (7.3%)
Stability and Growth of Payments
Stable Dividend: 8113 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 8113's dividend payments have increased, but the company has only paid a dividend for 4 years.
Current Payout to Shareholders
Dividend Coverage: At its current payout ratio (88.4%), 8113's payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Benson Chang (54yo)
Mr. Wei Hua Chang, also known as Benson, has been Chief Executive Officer and Executive Director of Hi-Level Technology Holdings Limited since October 1, 2015. Mr. Chang served as General Manager of Hi-Lev ...
CEO Compensation Analysis
Compensation vs Market: Benson's total compensation ($USD139.97K) is below average for companies of similar size in the Hong Kong market ($USD225.40K).
Compensation vs Earnings: Benson's compensation has been consistent with company performance over the past year.
|CEO & Executive Director||4.58yrs||HK$1.09m||11.77% HK$19.2m|
|Financial Controller||4.58yrs||HK$600.00k||0.092% HK$150.0k|
|Executive Director||4.58yrs||HK$791.00k||11.77% HK$19.2m|
|Independent Non-Executive Director||4.42yrs||HK$100.00k||no data|
|Independent Non-Executive Director||4.42yrs||HK$100.00k||0.092% HK$150.0k|
|Non-Executive Director||3.42yrs||HK$218.00k||0.51% HK$825.0k|
|Director of S.A.S. Dragon||no data||no data||no data|
|Independent Non-Executive Director||4.42yrs||HK$100.00k||0.092% HK$150.0k|
Experienced Board: 8113's board of directors are considered experienced (4.5 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 company bio, 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$163.193m
- 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
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|8113||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 2016|
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. It 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. The company offers its IDH services to original design manufacturers and original brand manufacturers. Hi-Level Technology Holdings Limited was founded in 2000 and is based in Hung Hom, Hong Kong.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/05/28 13:34|
|End of Day Share Price||2020/05/27 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.