SEHK:8159

Stock Analysis Report

Glory Mark Hi-Tech (Holdings)

Executive Summary

Glory Mark Hi-Tech (Holdings) Limited, an investment holding company, designs, manufactures, and sells computer connectivity products.


Snowflake Analysis

Undervalued with excellent balance sheet.

Share Price & News

How has Glory Mark Hi-Tech (Holdings)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8159's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-2.7%

8159

-1.5%

HK Electronic

0.2%

HK Market


1 Year Return

-61.6%

8159

-22.4%

HK Electronic

-22.0%

HK Market

Return vs Industry: 8159 underperformed the Hong Kong Electronic industry which returned -22.4% over the past year.

Return vs Market: 8159 underperformed the Hong Kong Market which returned -22% over the past year.


Shareholder returns

8159IndustryMarket
7 Day-2.7%-1.5%0.2%
30 Day29.1%-16.0%-10.6%
90 Day-25.3%-23.4%-15.8%
1 Year-61.2%-61.6%-20.1%-22.4%-19.1%-22.0%
3 Year-79.7%-80.5%-22.8%-29.2%-3.7%-13.4%
5 Year-41.4%-51.9%15.2%0.1%-15.2%-28.8%

Price Volatility Vs. Market

How volatile is Glory Mark Hi-Tech (Holdings)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Glory Mark Hi-Tech (Holdings) undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 8159 (HK$0.14) is trading below our estimate of fair value (HK$0.53)

Significantly Below Fair Value: 8159 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 8159 is good value based on its PE Ratio (7.9x) compared to the Electronic industry average (8.1x).

PE vs Market: 8159 is good value based on its PE Ratio (7.9x) compared to the Hong Kong market (9.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8159's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8159 is good value based on its PB Ratio (0.7x) compared to the HK Electronic industry average (0.8x).


Next Steps

Future Growth

How is Glory Mark Hi-Tech (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.5%

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 Glory Mark Hi-Tech (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.


Next Steps

Past Performance

How has Glory Mark Hi-Tech (Holdings) performed over the past 5 years?

52.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8159 has high quality earnings.

Growing Profit Margin: 8159's current net profit margins (3.1%) are lower than last year (6.5%).


Past Earnings Growth Analysis

Earnings Trend: 8159's earnings have grown significantly by 52.8% per year over the past 5 years.

Accelerating Growth: 8159's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 8159 had negative earnings growth (-52%) over the past year, making it difficult to compare to the Electronic industry average (-10.7%).


Return on Equity

High ROE: 8159's Return on Equity (8.9%) is considered low.


Next Steps

Financial Health

How is Glory Mark Hi-Tech (Holdings)'s financial position?


Financial Position Analysis

Short Term Liabilities: 8159's short term assets (HK$193.6M) exceed its short term liabilities (HK$148.0M).

Long Term Liabilities: 8159 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 8159's debt to equity ratio (0.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 8159's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: 8159's debt is well covered by operating cash flow (3108.4%).

Interest Coverage: 8159 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 8159 has a high level of physical assets or inventory.

Debt Coverage by Assets: 8159's debt is covered by short term assets (assets are 262.6x debt).


Next Steps

Dividend

What is Glory Mark Hi-Tech (Holdings)'s current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: 8159's dividend (2.11%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.6%).

High Dividend: 8159's dividend (2.11%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.27%).


Stability and Growth of Payments

Stable Dividend: 8159's dividend payments have been volatile in the past 10 years.

Growing Dividend: 8159's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (16.7%), 8159'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.


Next Steps

Management

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

1.2yrs

Average management tenure


CEO

Glory Mark Hi-Tech (Holdings) has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Li Feng Wang
Compliance Officer & Chairman3.42yrsHK$573.00kno data
Chun Wong
Co-Founder & Deputy Chairmanno dataHK$2.33m4.85% HK$4.4m
Kuo Shi Pang
Co-Founderno dataHK$2.46m11.63% HK$10.6m
Chak Wa Choy
Chief Financial Officer1.08yrsno datano data
David Moylan
Chief Operation Officer0.33yrno datano data
Sanlong Yu
Executive Director0.92yrno datano data
Xiaoling Fan
Executive Director0.33yrno datano data
Jui-lan Lee
Executive Director0.33yrno datano data
Yun Wah Man
Company Secretary1.25yrsno datano data

1.2yrs

Average Tenure

56yo

Average Age

Experienced Management: 8159's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Li Feng Wang
Compliance Officer & Chairman3.42yrsHK$573.00kno data
Chun Wong
Co-Founder & Deputy Chairmanno dataHK$2.33m4.85% HK$4.4m
Sanlong Yu
Executive Director0.92yrno datano data
Xiaoling Fan
Executive Director0.33yrno datano data
Jui-lan Lee
Executive Director0.33yrno datano data
Yongchao Lu
Independent Non-Executive Director1.08yrsno datano data
Wai Kwok Lo
Independent Non-Executive Director3.42yrsHK$120.00kno data
Chi Wai Fong
Independent Non-Executive Director1.25yrsno datano data
Ka Shing Yan
Independent Non-Executive Director0.33yrno datano data
Shen Feng
Independent Non-Executive Director0.083yrno datano data

0.9yrs

Average Tenure

50yo

Average Age

Experienced Board: 8159's board of directors are not considered experienced ( 0.9 years average tenure), which suggests a new board.


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

Company Information

Glory Mark Hi-Tech (Holdings) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Glory Mark Hi-Tech (Holdings) Limited
  • Ticker: 8159
  • Exchange: SEHK
  • Founded: 1990
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Market Cap: HK$90.880m
  • Shares outstanding: 640.00m
  • Website: https://www.glorymark.com.tw

Number of Employees


Location

  • Glory Mark Hi-Tech (Holdings) Limited
  • Tower 2
  • Unit 802, Level 8
  • Admiralty
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8159SEHK (The Stock Exchange of Hong Kong Ltd.)HKD0.1HKHKDNo data
8159SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJan 2002

Biography

Glory Mark Hi-Tech (Holdings) Limited, an investment holding company, designs, manufactures, and sells computer connectivity products. It operates through Original Equipment Manufacturer (OEM) Customers, Retail Distributors, and Provision of Comprehensive Architectural Services segments. The company offers computer peripheral products, multi-media consumable electronic products, communication products, automobile electronics accessories, wire harness, medical equipment, and VGA cables. The company also offers electronic products, such as USB hubs and card readers, cable series, lightning products, docking stations, wireless charging, HDMI, display port, dongles, and adapters. Further, the company is involved in master planning, general design, and architectural schematic design works. It sells its connectivity products to OEM customers and retail distributors in the People’s Republic of China, Taiwan, Korea, Japan, the United States, and internationally. Glory Mark Hi-Tech (Holdings) Limited was founded in 1990 and is headquartered in Admiralty, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/05 12:55
End of Day Share Price2020/04/03 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.