SEHK:894

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Man Yue Technology Holdings

Executive Summary

Man Yue Technology Holdings Limited, an investment holding company, manufactures and sells electronic components. More Details


Snowflake Analysis

Imperfect balance sheet and overvalued.


Similar Companies

Share Price & News

How has Man Yue Technology Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 894 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-3.0%

894

4.2%

HK Electronic

1.5%

HK Market


1 Year Return

-34.0%

894

-8.0%

HK Electronic

0.7%

HK Market

Return vs Industry: 894 underperformed the Hong Kong Electronic industry which returned -7.2% over the past year.

Return vs Market: 894 underperformed the Hong Kong Market which returned 0.5% over the past year.


Shareholder returns

894IndustryMarket
7 Day-3.0%4.2%1.5%
30 Day-3.0%-5.1%-3.1%
90 Day1.6%4.9%2.9%
1 Year-34.0%-34.0%-5.0%-8.0%4.8%0.7%
3 Year-74.6%-74.6%-36.2%-41.5%-5.6%-15.8%
5 Year-59.5%-59.5%21.3%4.9%24.5%3.4%

Price Volatility Vs. Market

How volatile is Man Yue Technology Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Man Yue Technology Holdings undervalued compared to its fair value and its price relative to the market?

0.12x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 894's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 894's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 894 is unprofitable, so we can't compare its PE Ratio to the HK Electronic industry average.

PE vs Market: 894 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 894's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 894 is good value based on its PB Ratio (0.1x) compared to the HK Electronic industry average (0.8x).


Next Steps

Future Growth

How is Man Yue Technology Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.9%

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 Man Yue 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.


Next Steps

Past Performance

How has Man Yue Technology Holdings performed over the past 5 years?

44.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 894 is currently unprofitable.

Growing Profit Margin: 894 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 894 is unprofitable, but has reduced losses over the past 5 years at a rate of 44% per year.

Accelerating Growth: Unable to compare 894's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 894 is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (-15.1%).


Return on Equity

High ROE: 894 has a negative Return on Equity (-1.12%), as it is currently unprofitable.


Next Steps

Financial Health

How is Man Yue Technology Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 894's short term assets (HK$1.7B) exceed its short term liabilities (HK$1.5B).

Long Term Liabilities: 894's short term assets (HK$1.7B) exceed its long term liabilities (HK$113.1M).


Debt to Equity History and Analysis

Debt Level: 894's debt to equity ratio (76.1%) is considered high.

Reducing Debt: 894's debt to equity ratio has increased from 63.5% to 76.1% over the past 5 years.

Debt Coverage: 894's debt is not well covered by operating cash flow (3.8%).

Interest Coverage: 894 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Man Yue Technology Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 894's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 894's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 894's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 894's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 894 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 894's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

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

8.5yrs

Average management tenure


CEO

Eugene Chan (44 yo)

11.92yrs

Tenure

HK$4,813,000

Compensation

Mr. Yu Ching Chan, also known as Eugene, has been Managing Director of Man Yue Technology Holdings Limited since October 10, 2008. Mr. Chan served as Assistant Executive Director of Man Yue Group. He also ...


CEO Compensation Analysis

Compensation vs Market: Eugene's total compensation ($USD621.03K) is above average for companies of similar size in the Hong Kong market ($USD230.06K).

Compensation vs Earnings: Eugene's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Chor Lin Kee
Co-Founder & Chairman11.92yrsHK$5.31m54.82%
HK$ 83.4m
Yu Ching Chan
MD & Executive Director11.92yrsHK$4.81m0.99%
HK$ 1.5m
Tat Cheong Chan
Finance Director & Executive Director3.92yrsHK$2.12mno data
Sui Yin Ng
Financial Controller & Company Secretary5yrsno datano data
Ching Ming Wong
Director of Business Development17.67yrsHK$1.10mno data
Su Pan
Vice Chief Engineer of Research & Development Departmentno datano datano data

8.5yrs

Average Tenure

59yo

Average Age

Experienced Management: 894's management team is seasoned and experienced (8.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Chor Lin Kee
Co-Founder & Chairman11.92yrsHK$5.31m54.82%
HK$ 83.4m
Yu Ching Chan
MD & Executive Director11.92yrsHK$4.81m0.99%
HK$ 1.5m
Tat Cheong Chan
Finance Director & Executive Director3.92yrsHK$2.12mno data
Sau Hung Li
Independent Non-Executive Director23.92yrsHK$360.00kno data
Mar Selwyn
Independent Non Executive Director16yrsHK$400.00kno data
Kwok Kwei Lo
Independent Non-Executive Director20.83yrsHK$360.00kno data

14.4yrs

Average Tenure

63yo

Average Age

Experienced Board: 894's board of directors are seasoned and experienced ( 14.4 years average tenure).


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

Man Yue Technology Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Man Yue Technology Holdings Limited
  • Ticker: 894
  • Exchange: SEHK
  • Founded: 1979
  • Industry: Electronic Components
  • Sector: Tech
  • Market Cap: HK$152.175m
  • Shares outstanding: 475.55m
  • Website: https://www.manyue.com

Number of Employees


Location

  • Man Yue Technology Holdings Limited
  • Harbour Centre, Tower 2
  • Unit 03, 6th Floor
  • Kowloon
  • Kowloon
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
894SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDMar 1997

Biography

Man Yue Technology Holdings Limited, an investment holding company, manufactures and sells electronic components. The company offers aluminum electrolytic capacitors for information technology, telecommuni ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/17 20:02
End of Day Share Price2020/09/17 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.