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Prime Intelligence Solutions Group

SEHK:8379
Snowflake Description

Adequate balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
8379
SEHK
HK$63M
Market Cap
  1. Home
  2. HK
  3. Tech
Company description

Prime Intelligence Solutions Group Limited, an investment holding company, distributes biometrics identification devices in Hong Kong, Macau, and the People's Republic of China. The last earnings update was 95 days ago. More info.


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  • Prime Intelligence Solutions Group has significant price volatility in the past 3 months.
8379 Share Price and Events
7 Day Returns
-5.1%
SEHK:8379
-7.4%
HK Electronic
-2.5%
HK Market
1 Year Returns
-70.4%
SEHK:8379
-40.2%
HK Electronic
-15.9%
HK Market
8379 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Prime Intelligence Solutions Group (8379) -5.1% -17.8% -26% -70.4% - -
HK Electronic -7.4% -18.5% -13.1% -40.2% 4.1% 20.9%
HK Market -2.5% -8.6% -3.6% -15.9% 25.4% 7.8%
1 Year Return vs Industry and Market
  • 8379 underperformed the Electronic industry which returned -40.2% over the past year.
  • 8379 underperformed the Market in Hong Kong which returned -15.9% over the past year.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Prime Intelligence Solutions Group 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
Here we compare the current share price of Prime Intelligence Solutions Group to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Prime Intelligence Solutions Group.

SEHK:8379 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.9%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:8379
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6.7%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.046 (1 + (1- 25%) (1.98%))
1.041
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.04
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (1.041 * 6.65%)
8.93%

Discounted Cash Flow Calculation for SEHK:8379 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Prime Intelligence Solutions Group is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:8379 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 8.93%)
2019 6.66 Est @ 9.38% 6.11
2020 7.14 Est @ 7.17% 6.02
2021 7.54 Est @ 5.62% 5.83
2022 7.88 Est @ 4.53% 5.60
2023 8.18 Est @ 3.77% 5.33
2024 8.44 Est @ 3.24% 5.05
2025 8.68 Est @ 2.87% 4.77
2026 8.91 Est @ 2.61% 4.50
2027 9.13 Est @ 2.43% 4.23
2028 9.34 Est @ 2.3% 3.97
Present value of next 10 years cash flows HK$51.42
SEHK:8379 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= HK$9.34 × (1 + 2%) ÷ (8.93% – 2%)
HK$137.58
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$137.58 ÷ (1 + 8.93%)10
HK$58.51
SEHK:8379 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$51.42 + HK$58.51
HK$109.92
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$109.92 / 800.00
HK$0.14
SEHK:8379 Discount to Share Price
Calculation Result
Value per share (HKD) From above. HK$0.14
Current discount Discount to share price of HK$0.07
= -1 x (HK$0.07 - HK$0.14) / HK$0.14
46.1%

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

Current Discount
Amount off the current price Prime Intelligence Solutions Group is available for.
Intrinsic value
46%
Share price is HK$0.074 vs Future cash flow value of HK$0.13741
Current Discount Checks
For Prime Intelligence Solutions Group to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Prime Intelligence Solutions Group's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Prime Intelligence Solutions Group's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Prime Intelligence Solutions Group's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Prime Intelligence Solutions Group's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:8379 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:8379 Share Price ** SEHK (2019-05-20) in HKD HK$0.07
Hong Kong Electronic Industry PE Ratio Median Figure of 59 Publicly-Listed Electronic Companies 11.11x
Hong Kong Market PE Ratio Median Figure of 1,476 Publicly-Listed Companies 11.17x

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

** Primary Listing of Prime Intelligence Solutions Group.

SEHK:8379 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:8379 Share Price ÷ EPS (both in HKD)

= 0.07 ÷ -0.01

-8.22x

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

  • Prime Intelligence Solutions Group is loss making, we can't compare its value to the HK Electronic industry average.
  • Prime Intelligence Solutions Group is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Prime Intelligence Solutions Group's expected growth come at a high price?
Raw Data
SEHK:8379 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -8.22x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
39.1%per year
Hong Kong Electronic Industry PEG Ratio Median Figure of 13 Publicly-Listed Electronic Companies 0.64x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.79x

*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 Prime Intelligence Solutions Group, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Prime Intelligence Solutions Group's assets?
Raw Data
SEHK:8379 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$0.12
SEHK:8379 Share Price * SEHK (2019-05-20) in HKD HK$0.07
Hong Kong Electronic Industry PB Ratio Median Figure of 83 Publicly-Listed Electronic Companies 1.19x
Hong Kong Market PB Ratio Median Figure of 2,155 Publicly-Listed Companies 0.97x
SEHK:8379 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:8379 Share Price ÷ Book Value per Share (both in HKD)

= 0.07 ÷ 0.12

0.6x

* Primary Listing of Prime Intelligence Solutions Group.

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

  • Prime Intelligence Solutions Group is good value based on assets compared to the HK Electronic industry average.
X
Value checks
We assess Prime Intelligence Solutions Group'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 Electronic 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 Electronic industry average (and greater than 0)? (1 check)
  5. Prime Intelligence Solutions Group has a total score of 3/6, 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.

Future Performance

 How is Prime Intelligence Solutions Group expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Prime Intelligence Solutions Group, future earnings growth has been estimated based on fundamentals.
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
39.1%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Prime Intelligence Solutions Group expected to grow at an attractive rate?
  • Prime Intelligence Solutions Group's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Prime Intelligence Solutions Group's earnings growth is expected to exceed the Hong Kong market average.
  • Unable to compare Prime Intelligence Solutions Group's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:8379 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:8379 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 39.1%
Hong Kong Electronic Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
Hong Kong Electronic Industry Revenue Growth Rate Market Cap Weighted Average 12.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.7%

*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:8379 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 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:8379 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
SEHK:8379 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 54 -7
2018-09-30 61 2 -2
2018-06-30 65 1
2018-03-31 71 7 4
2017-12-31 69 12
2017-03-31 64 8 14
2016-03-31 59 8 13

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Prime Intelligence Solutions Group's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Prime Intelligence Solutions Group 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:8379 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Prime Intelligence Solutions Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8379 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
SEHK:8379 Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 -0.01
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.01
2017-12-31 0.02
2017-03-31 0.02
2016-03-31 0.02

*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 Prime Intelligence Solutions Group will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Prime Intelligence Solutions Group'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.
Prime Intelligence Solutions Group has a total score of 3/6, 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.

Past Performance

  How has Prime Intelligence Solutions Group 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 Prime Intelligence Solutions Group's growth in the last year to its industry (Electronic).
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.
  • Prime Intelligence Solutions Group does not make a profit and there is insufficient past data to establish if their 5 year on year earnings growth rate was positive.
  • Unable to compare Prime Intelligence Solutions Group's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Prime Intelligence Solutions Group's 1-year growth to the HK Electronic industry average as it is not currently profitable.
Earnings and Revenue History
Prime Intelligence Solutions Group'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 Prime Intelligence Solutions Group Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:8379 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 53.95 -6.98 34.39
2018-09-30 61.16 -1.65 33.38
2018-06-30 65.00 0.68 34.28
2018-03-31 71.06 4.21 34.77
2017-12-31 68.68 11.95 25.71
2017-03-31 63.52 13.52 21.54
2016-03-31 59.07 13.05 19.93

*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 Prime Intelligence Solutions Group has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Prime Intelligence Solutions Group has efficiently used its assets last year compared to the HK Electronic industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Prime Intelligence Solutions Group 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 Prime Intelligence Solutions Group'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 Electronic 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.
Prime Intelligence Solutions Group 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.

Health

 How is Prime Intelligence Solutions Group'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 Prime Intelligence Solutions Group's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Prime Intelligence Solutions Group is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Prime Intelligence Solutions Group's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Prime Intelligence Solutions Group'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 87.5x 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 Prime Intelligence Solutions Group Company Filings, last reported 4 months ago.

SEHK:8379 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 98.48 1.25 77.58
2018-09-30 98.48 1.25 77.58
2018-06-30 98.82 0.00 77.80
2018-03-31 98.82 0.00 77.80
2017-12-31
2017-03-31 34.23 1.49 13.62
2016-03-31 29.11 2.89 21.58
  • Prime Intelligence Solutions Group's level of debt (1.3%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Prime Intelligence Solutions Group's debt level has increased without past 5-year debt data.
  • Debt is well covered by operating cash flow (184.1%, greater than 20% of total debt).
  • Unable to confirm if the interest payments on Prime Intelligence Solutions Group's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Prime Intelligence Solutions Group'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. Prime Intelligence Solutions Group 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.

Dividends

 What is Prime Intelligence Solutions Group'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 Prime Intelligence Solutions Group dividends.
If you bought HK$2,000 of Prime Intelligence Solutions Group 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 Prime Intelligence Solutions Group's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Prime Intelligence Solutions Group'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:8379 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 Electronic Industry Average Dividend Yield Market Cap Weighted Average of 39 Stocks 3.1%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 968 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

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

SEHK:8379 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts

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

  • Unable to perform a dividend volatility check as Prime Intelligence Solutions Group has not reported any payouts.
  • Unable to verify if Prime Intelligence Solutions Group's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Prime Intelligence Solutions Group's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Prime Intelligence Solutions Group 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 Prime Intelligence Solutions Group's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 Prime Intelligence Solutions Group afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Prime Intelligence Solutions Group 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.

Management

 What is the CEO of Prime Intelligence Solutions Group'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
Tony Yuen
COMPENSATION HK$1,271,000
AGE 47
CEO Bio

Mr. Kwok Wai Yuen, also known as Tony, is one of the founders of the Group, the chairman of the Board, an executive Director, the chief executive officer of the Group and one of the controlling shareholders of the Company. He joined the Group as a director on 28 June 1999 and was re-designated as an executive Director on 6 November 2015. He is responsible for major decision-making, overall strategic planning and day-today business management. Mr. Tony Yuen is a director of Power Truth Holdings Limited (“Power Truth”), Solution Expert Technology Limited (“SE Technology”), Solution Expert Engineering Limited (“SE Engineering”), Solution Expert Technology (R&D) Limited and Solution Expert Technology (Macau) Limited (“SE Macau”). He is also the chairman, general manager and legal representative of Solution Expert Technology (Shenzhen) Limited* (“SE Shenzhen”). In addition, he is a director and a 85% shareholder of Delighting View Global Limited (“Delighting View”). Mr. Tony Yuen has over 20 years of experience in software programming. He obtained a bachelor of engineering degree from The University of Hong Kong in January 1995. Before he joined the Group, he was the head of information systems department of PENTAX group in Hong Kong from 1996 to 1998, and was responsible for developing networking and computer solution systems in different computerisation projects. Mr. Tony Yuen has not held any directorship in any other public companies, the securities of which are or have been listed on any securities market in Hong Kong or overseas in the past three years.

CEO Compensation
  • Tony's compensation has increased whilst company is loss making.
  • Tony's remuneration is about average for companies of similar size in Hong Kong.
Management Team

Tony Yuen

TITLE
Chairman & CEO
COMPENSATION
HK$1M
AGE
47

Pauline Yuen

TITLE
Executive Director
COMPENSATION
HK$967K
AGE
49
TENURE
3.5 yrs

Danielle Sun

TITLE
Executive Director
COMPENSATION
HK$252K
AGE
54

Lewis Chou

TITLE
Company Secretary
AGE
37
TENURE
2.5 yrs
Board of Directors Tenure

Average tenure and age of the Prime Intelligence Solutions Group board of directors in years:

1.3
Average Tenure
49
Average Age
  • The average tenure for the Prime Intelligence Solutions Group board of directors is less than 3 years, this suggests a new board.
Board of Directors

Tony Yuen

TITLE
Chairman & CEO
COMPENSATION
HK$1M
AGE
47

Pauline Yuen

TITLE
Executive Director
COMPENSATION
HK$967K
AGE
49

Danielle Sun

TITLE
Executive Director
COMPENSATION
HK$252K
AGE
54
TENURE
3.5 yrs

Pak Kuen Mui

TITLE
Independent Non-Executive Director
COMPENSATION
HK$15K
AGE
56
TENURE
1.3 yrs

Billy Chung

TITLE
Independent Non-Executive Director
COMPENSATION
HK$15K
AGE
43
TENURE
1.3 yrs

Ivan Hui

TITLE
Independent Non-Executive Director
COMPENSATION
HK$15K
AGE
39
TENURE
1.3 yrs

Joseph Yam

TITLE
Non-Executive Director
COMPENSATION
HK$252K
AGE
63
TENURE
3.5 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
12. Oct 18 Sell Super Arena Limited Company 20. Sep 18 20. Sep 18 -70,200,000 HK$0.12 HK$-8,578,667
12. Oct 18 Sell Super Arena Limited Company 27. Sep 18 27. Sep 18 -43,800,000 HK$0.13 HK$-5,518,942
10. Oct 18 Sell Super Arena Limited Company 08. Oct 18 08. Oct 18 -20,000,000 HK$0.13 HK$-2,560,075
X
Management checks
We assess Prime Intelligence Solutions Group'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. Prime Intelligence Solutions Group 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.

News

Simply Wall St News

Did Changing Sentiment Drive Prime Intelligence Solutions Group's (HKG:8379) Share Price Down A Painful 71%?

So we hope that those who held Prime Intelligence Solutions Group Limited (HKG:8379) during the last year don't lose the lesson, in addition to the 71% hit to the value of their shares. … We wouldn't rush to judgement on Prime Intelligence Solutions Group because we don't have a long term history to look at. … During the last year Prime Intelligence Solutions Group saw its earnings per share drop below zero.

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Should We Be Cautious About Prime Intelligence Solutions Group Limited's (HKG:8379) ROE Of 0.7%?

To keep the lesson grounded in practicality, we'll use ROE to better understand Prime Intelligence Solutions Group Limited (HKG:8379). … Our data shows Prime Intelligence Solutions Group has a return on equity of 0.7% for the last year. … Check out our latest analysis for Prime Intelligence Solutions Group?

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With An ROE Of 4.27%, Has Prime Intelligence Solutions Group Limited's (HKG:8379) Management Done Well?

and want to begin learning the link between Prime Intelligence Solutions Group Limited (HKG:8379)’s return fundamentals and stock market performance. … Prime Intelligence Solutions Group Limited (HKG:8379) generated a below-average return on equity of 4.27% in the past 12 months, while its industry returned 10.59%. … Knowing these components can change your views on 8379's below-average returns

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Does Prime Intelligence Solutions Group Limited's (HKG:8379) PE Ratio Warrant A Sell?

Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for 8379 Price per share = HK$0.3 Earnings per share = HK$0.02 ∴ Price-Earnings Ratio = HK$0.3 ÷ HK$0.02 = 14.8x The P/E ratio itself doesn’t tell you a lot; however, it becomes very insightful when you compare it with other similar companies. … 8379’s P/E of 14.8x is higher than its industry peers (10.5x), which implies that each dollar of 8379’s earnings is being overvalued by investors. … For example, if you are inadvertently comparing riskier firms with 8379, then 8379’s P/E would naturally be higher than its peers since investors would reward its lower risk with a higher price.

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How Financially Strong Is Prime Intelligence Solutions Group Limited (HKG:8379)?

Moreover, 8379 has generated HK$8.13M in operating cash flow during the same period of time, leading to an operating cash to total debt ratio of 544.18%, meaning that 8379’s debt is appropriately covered by operating cash. … We can check to see whether 8379 is able to meet its debt obligations by looking at the net interest coverage ratio. … In 8379's, case, the ratio of 159x suggests that interest is comfortably covered, which means that lenders may be less hesitant to lend out more funding as 8379’s high interest coverage is seen as responsible and safe practice.Next Steps: 8379’s high cash coverage and low debt levels indicate its ability to utilise its borrowings efficiently in order to generate ample cash flow.

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How Did Prime Intelligence Solutions Group Limited's (HKG:8379) 34.91% ROE Fare Against The Industry?

Check out our latest analysis for Prime Intelligence Solutions Group Peeling the layers of ROE – trisecting a company’s profitability Return on Equity (ROE) is a measure of Prime Intelligence Solutions Group’s profit relative to its shareholders’ equity. … Prime Intelligence Solutions Group’s cost of equity is 9.09%. … Given a positive discrepancy of 25.81% between return and cost, this indicates that Prime Intelligence Solutions Group pays less for its capital than what it generates in return, which is a sign of capital efficiency.

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Company Info

Description

Prime Intelligence Solutions Group Limited, an investment holding company, distributes biometrics identification devices in Hong Kong, Macau, and the People's Republic of China. The company offers fingerprint identification, face identification, hand geometry identification, iris identification, and finger vein identification devices; and other devices and accessories. It also provides access control, gate and barrier, video surveillance, RFID, time and attendance, HR management and payroll, smart card solution, and custom-made application solutions; and offers maintenance, installation, and solution services, as well as software licensing. The company was founded in 1999 and is headquartered in Kwai Chung, Hong Kong. Prime Intelligence Solutions Group Limited is a subsidiary of Delighting View Global Limited.

Details
Name: Prime Intelligence Solutions Group Limited
8379
Exchange: SEHK
Founded: 1999
HK$63,200,000
800,000,000
Website: http://primeintelligence.com.hk
Address: Prime Intelligence Solutions Group Limited
Unit A, TLP132,
6th Floor,
Kwai Chung,
New Territories, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 8379 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 14. Feb 2018
Number of employees
Current staff
Staff numbers
64
Prime Intelligence Solutions Group employees.
Industry
Technology Distributors
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 13:07
End of day share price update: 2019/05/20 00:00
Last estimates confirmation: 2018/06/22
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.