SEHK:8379

Stock Analysis Report

Prime Intelligence Solutions Group

Executive Summary

Prime Intelligence Solutions Group Limited, an investment holding company, distributes biometrics identification devices and security products in Hong Kong, Macau, and the People’s Republic of China.

Risk Analysis

Earnings have declined by -104.06% per year over past 5 years

Does not have a meaningful market cap (HK$58M)

Highly volatile share price over past 3 months

Shareholders have been diluted in the past year



Snowflake Analysis

Flawless balance sheet and overvalued.

Share Price & News

How has Prime Intelligence Solutions Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 8379's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

4.1%

8379

0.8%

HK Electronic

1.6%

HK Market


1 Year Return

-30.6%

8379

18.3%

HK Electronic

6.0%

HK Market

Return vs Industry: 8379 underperformed the Hong Kong Electronic industry which returned 19.1% over the past year.

Return vs Market: 8379 underperformed the Hong Kong Market which returned 6.4% over the past year.


Shareholder returns

8379IndustryMarket
7 Day4.1%0.8%1.6%
30 Day24.2%4.3%4.4%
90 Day-4.9%16.7%8.6%
1 Year-30.6%-30.6%21.9%18.3%9.9%6.0%
3 Yearn/a19.0%9.4%27.7%14.7%
5 Yearn/a105.2%78.2%21.7%1.4%

Price Volatility Vs. Market

How volatile is Prime Intelligence Solutions Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Prime Intelligence Solutions Group undervalued compared to its fair value and its price relative to the market?

0.67x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 8379's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 8379's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 8379 is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: 8379 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 8379's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 8379 is good value based on its PB Ratio (0.6x) compared to the HK Electronic industry average (1x).


Next Steps

Future Growth

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

25.4%

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 Prime Intelligence Solutions Group 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 Prime Intelligence Solutions Group performed over the past 5 years?

-104.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 8379 is currently unprofitable.

Growing Profit Margin: 8379 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 8379 is unprofitable, and losses have increased over the past 5 years at a rate of -104.1% per year.

Accelerating Growth: Unable to compare 8379's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 8379 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-10.3%).


Return on Equity

High ROE: 8379 has a negative Return on Equity (-4.88%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Prime Intelligence Solutions Group's financial position?


Financial Position Analysis

Short Term Liabilities: 8379's short term assets (HK$103.0M) exceed its short term liabilities (HK$17.0M).

Long Term Liabilities: 8379 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 8379 is debt free.

Reducing Debt: 8379 had no debt 5 years ago.

Debt Coverage: 8379 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 8379 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 8379 has a high level of physical assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 8379's debt is covered by short term assets.


Next Steps

Dividend

What is Prime Intelligence Solutions Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.2%markettop25%6.0%industryaverage2.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 8379's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 8379's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 8379's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 8379's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 8379's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

What is the CEO of Prime Intelligence Solutions Group's salary, the management and board of directors tenure and is there insider trading?

2.0yrs

Average board tenure


CEO

Tony Yuen (48yo)

0yrs

Tenure

HK$2,131,000

Compensation

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 sharehold ...


CEO Compensation Analysis

Compensation vs Market: Tony's total compensation ($USD274.07K) is about average for companies of similar size in the Hong Kong market ($USD228.16K).

Compensation vs Earnings: Tony's compensation has increased whilst the company is unprofitable.


Board Age and Tenure

2.0yrs

Average Tenure

50yo

Average Age

Experienced Board: 8379's board of directors are not considered experienced ( 2 years average tenure), which suggests a new board.


Insider Trading

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 been diluted in the past year, with total shares outstanding growing by 10.3%.


Management Team

  • Lewis Chou (38yo)

    Company Secretary

    • Tenure: 3.2yrs
  • Tony Yuen (48yo)

    Chairman & CEO

    • Compensation: HK$2.13m
  • Pauline Yuen (50yo)

    Executive Director

    • Compensation: HK$1.50m
  • Danielle Sun (55yo)

    Executive Director

    • Tenure: 4.2yrs
    • Compensation: HK$645.00k

Board Members

  • Ivan Hui (40yo)

    Independent Non-Executive Director

    • Tenure: 2yrs
    • Compensation: HK$120.00k
  • Joseph Yam (64yo)

    Non-Executive Director

    • Tenure: 4.2yrs
    • Compensation: HK$240.00k
  • Tony Yuen (48yo)

    Chairman & CEO

    • Compensation: HK$2.13m
  • Pauline Yuen (50yo)

    Executive Director

    • Compensation: HK$1.50m
  • Danielle Sun (55yo)

    Executive Director

    • Tenure: 4.2yrs
    • Compensation: HK$645.00k
  • Pak Kuen Mui (57yo)

    Independent Non-Executive Director

    • Tenure: 2yrs
    • Compensation: HK$120.00k
  • Billy Chung (44yo)

    Independent Non-Executive Director

    • Tenure: 2yrs
    • Compensation: HK$120.00k

Company Information

Prime Intelligence Solutions Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Prime Intelligence Solutions Group Limited
  • Ticker: 8379
  • Exchange: SEHK
  • Founded: 1999
  • Industry: Technology Distributors
  • Sector: Tech
  • Market Cap: HK$61.600m
  • Shares outstanding: 800.00m
  • Website: https://www.primeintelligence.com.hk

Number of Employees


Location

  • Prime Intelligence Solutions Group Limited
  • Unit A, TLP132
  • 6th Floor
  • Kwai Chung
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
8379SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDFeb 2018

Biography

Prime Intelligence Solutions Group Limited, an investment holding company, distributes biometrics identification devices and security products in Hong Kong, Macau, and the People’s Republic of China. Its biometrics identification device functions include face identification, fingerprint identification, finger vein identification, hand geometry identification, and iris identification. The company also provides other devices and accessories; and auxiliary and other services, including maintenance, installation, and solution services. In addition, it offers application software, and repair and maintenance services; and engages in software licensing activities. Prime Intelligence Solutions Group Limited was founded in 1999 and is headquartered in Kwai Chung, Hong Kong. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/20 13:18
End of Day Share Price2020/01/20 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


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.