Zhicheng Technology Group Ltd., an investment holding company, provides precision 3D testing and machining solutions in the People’s Republic of China.
Flawless balance sheet and fair value.
Share Price & News
How has Zhicheng Technology Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 8511's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 8511 underperformed the Hong Kong Electronic industry which returned -8% over the past year.
Return vs Market: 8511 underperformed the Hong Kong Market which returned -9.8% over the past year.
Price Volatility Vs. Market
How volatile is Zhicheng Technology Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StIntroducing Zhicheng Technology Group (HKG:8511), The Stock That Dropped 31% In The Last Year
2 months ago | Simply Wall StShould We Be Delighted With Zhicheng Technology Group Ltd.'s (HKG:8511) ROE Of 12%?
4 months ago | Simply Wall StWhat Kind Of Investor Owns Most Of Zhicheng Technology Group Ltd. (HKG:8511)?
Is Zhicheng Technology Group 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: Insufficient data to calculate 8511's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 8511's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 8511 is good value based on its PE Ratio (7x) compared to the Electronic industry average (9x).
PE vs Market: 8511 is good value based on its PE Ratio (7x) compared to the Hong Kong market (9.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 8511's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 8511 is good value based on its PB Ratio (0.8x) compared to the HK Electronic industry average (0.8x).
How is Zhicheng Technology Group 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 Zhicheng Technology 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.
- Examine whether Zhicheng Technology Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Zhicheng Technology Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has Zhicheng Technology Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 8511 has high quality earnings.
Growing Profit Margin: 8511 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 8511's earnings have declined by -10.6% per year over the past 5 years.
Accelerating Growth: 8511 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 8511 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (-11.5%).
Return on Equity
High ROE: 8511's Return on Equity (11.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Zhicheng Technology Group's financial position?
Financial Position Analysis
Short Term Liabilities: 8511's short term assets (HK$60.5M) exceed its short term liabilities (HK$3.3M).
Long Term Liabilities: 8511 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8511 is debt free.
Reducing Debt: 8511 had no debt 5 years ago.
Debt Coverage: 8511 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 8511 has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: 8511 has a low level of unsold assets or inventory.
Debt Coverage by Assets: Insufficient data to determine if 8511's debt is covered by short term assets.
What is Zhicheng Technology Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 8511's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 8511's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 8511's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 8511's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 8511's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Di Wu (41yo)
Mr. Di Wu serves as the Chief Executive Officer of Zhicheng Technology Group Ltd. and has been its Chairman since 26 September 2017. Mr. Wu was appointed as a Director of Zhicheng Technology Group Ltd. on ...
CEO Compensation Analysis
Compensation vs Market: Di's total compensation ($USD30.68K) is below average for companies of similar size in the Hong Kong market ($USD225.90K).
Compensation vs Earnings: Di's compensation has been consistent with company performance over the past year.
|Chairman & CEO||0yrs||HK$239.00k||73.49% HK$35.3m|
|COO, Compliance Officer & Executive Director||2.4yrs||HK$269.00k||no data|
|Independent Nonexecutive Director||1.9yrs||HK$183.00k||no data|
|Independent Non-Executive Director||1.9yrs||HK$183.00k||no data|
|Independent Non-Executive Director||1.9yrs||HK$183.00k||no data|
Experienced Board: 8511's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
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.
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 8.2%.
Zhicheng Technology Group Ltd.'s company bio, employee growth, exchange listings and data sources
- Name: Zhicheng Technology Group Ltd.
- Ticker: 8511
- Exchange: SEHK
- Founded: 2017
- Industry: Electronic Equipment and Instruments
- Sector: Tech
- Market Cap: HK$48.000m
- Shares outstanding: 400.00m
- Website: https://www.ztecgroup.com
Number of Employees
- Zhicheng Technology Group Ltd.
- Jin Ying Building
- Room 1508–1510
- Guangdong Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|8511||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Apr 2018|
Zhicheng Technology Group Ltd., an investment holding company, provides precision 3D testing and machining solutions in the People’s Republic of China. The company offers non-contact optical measurement and full-field positioning systems to detect and analyze the shape and appearance data of objects; and non-contact three-dimensional dynamic measurement and analysis systems to calculate surface displacement and strain distribution. It serves equipment manufacturers in the aviation, aerospace, shipbuilding, ground transportation vehicles, and electronics industries. The company was incorporated in 2017 and is headquartered in Guangzhou, the People’s Republic of China.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/27 13:37|
|End of Day Share Price||2020/02/27 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.