Executive Summary
Man Yue Technology Holdings Limited, an investment holding company, manufactures and sells electronic components.
Snowflake
Fundamentals
Undervalued with moderate growth potential.
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
Market Performance
7 Day Return
3.3%
894
0.8%
HK Electronic
0.9%
HK Market
1 Year Return
-33.8%
894
-2.6%
HK Electronic
0.6%
HK Market
Return vs Industry: 894 underperformed the Hong Kong Electronic industry which returned -2.6% over the past year.
Return vs Market: 894 underperformed the Hong Kong Market which returned 0.6% over the past year.
Shareholder returns
| 894 | Industry | Market | |
|---|---|---|---|
| 7 Day | 3.3% | 0.8% | 0.9% |
| 30 Day | -2.1% | -1.6% | 0.5% |
| 90 Day | -11.3% | 8.4% | -4.3% |
| 1 Year | -33.8%-33.8% | 0.7%-2.6% | 4.2%0.6% |
| 3 Year | -42.0%-42.0% | -2.6%-10.3% | 15.6%4.0% |
| 5 Year | -69.8%-70.1% | 54.6%34.4% | 20.0%-0.08% |
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
3 weeks ago | Simply Wall St
Do Insiders Own Shares In Man Yue Technology Holdings Limited (HKG:894)?1 month ago | Simply Wall St
Here's What Man Yue Technology Holdings Limited's (HKG:894) P/E Ratio Is Telling Us1 month ago | Simply Wall St
Is Man Yue Technology Holdings (HKG:894) A Risky Investment?Valuation
Is Man Yue Technology 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: 894 (HK$0.47) is trading below our estimate of fair value (HK$3.99)
Significantly Below Fair Value: 894 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 894 is good value based on its PE Ratio (5.5x) compared to the Electronic industry average (8.7x).
PE vs Market: 894 is good value based on its PE Ratio (5.5x) compared to the Hong Kong market (10.3x).
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 (0.2x) compared to the HK Electronic industry average (0.9x).
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?
28.2%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 894's forecast earnings growth (28.2% per year) is above the savings rate (2%).
Earnings vs Market: 894's earnings (28.2% per year) are forecast to grow faster than the Hong Kong market (11.3% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if 894's revenue is forecast to grow faster than the Hong Kong market.
High Growth Revenue: Insufficient data to determine if 894's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if 894's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Man Yue Technology Holdings performed over the past 5 years?
25.3%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 894's earnings have grown significantly by 25.3% per year over the past 5 years.
Accelerating Growth: 894's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 894 had negative earnings growth (-30.1%) over the past year, making it difficult to compare to the Electronic industry average (-10.9%).
Return on Equity
High ROE: 894's Return on Equity (2.8%) is considered low.
Return on Assets
ROA vs Industry: 894's Return on Assets is below or equal to the Electronic industry average last year.
Return on Capital Employed
ROCE Improving: 894's Return on Capital Employed has declined over the past 3 years.
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$1.5B) exceeds its short term liabilities (HK$1.2B)
Long Term Liabilities: 894's short term assets (1.5B) exceeds its long term liabilities (195.6M)
Debt to Equity History and Analysis
Debt Level: 894's debt to equity ratio (64.9%) is considered high
Reducing Debt: 894's debt to equity ratio has increased from 56.7% to 64.9% over the past 5 years.
Debt Coverage: 894's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: 894's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
Inventory Level: 894 has a high level of physical assets or inventory.
Debt Coverage by Assets: 894's debt is covered by short term assets (assets are 1.660340x debt).
Next Steps
Dividend
What is Man Yue Technology Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: Unable to evaluate 894's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 894's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
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
What is the CEO of Man Yue Technology Holdings's salary, the management and board of directors tenure and is there insider trading?
7.3yrs
Average management tenure
CEO
Eugene Chan (43yo)
11yrs
Tenure
HK$5,039,000
Compensation
Mr. Yu Ching Chan, also known as Eugene, has been Managing Director of Man Yue Technology Holdings Limited since October 10, 2008. Mr. Chan served as Assistant Executive Director of Man Yue Group. He also ...
CEO Compensation Analysis
Compensation vs. Market: Eugene's total compensation ($USD642.55K) is about average for companies of similar size in the Hong Kong market ($USD214.48K).
Compensation vs Earnings: Eugene's compensation has been consistent with company performance over the past year.
Management Age and Tenure
7.3yrs
Average Tenure
58yo
Average Age
Experienced Management: 894's management team is seasoned and experienced (7.3 years average tenure).
Board Age and Tenure
13.5yrs
Average Tenure
62yo
Average Age
Experienced Board: 894's board of directors are seasoned and experienced ( 13.5 years average tenure).
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
Management Team
Eugene Chan (43yo)
MD & Executive Director
- Tenure: 11yrs
- Compensation: HK$5.04m
Stanley Wong (62yo)
Director of Business Development
- Tenure: 16.8yrs
- Compensation: HK$1.10m
Alan Chan (59yo)
Finance Director & Executive Director
- Tenure: 3yrs
- Compensation: HK$2.24m
Wallace Ng (50yo)
Financial Controller & Company Secretary
- Tenure: 3.5yrs
Chan Kee (70yo)
Co-Founder & Chairman
- Tenure: 11yrs
- Compensation: HK$6.92m
Su Qing Pan (57yo)
Vice Chief Engineer of Research & Development Department
- Tenure: 0yrs
Johnny Lui (48yo)
Assistant Business Development Director
- Tenure: 0yrs
Doris Wai (59yo)
Operation Director
- Tenure: 0yrs
Board Members
Eugene Chan (43yo)
MD & Executive Director
- Tenure: 11yrs
- Compensation: HK$5.04m
Eddy Li (64yo)
Independent Non-Executive Director
- Tenure: 23yrs
- Compensation: HK$360.00k
Selwyn Mar (83yo)
Independent Non Executive Director
- Tenure: 15.1yrs
- Compensation: HK$400.00k
David Lo (60yo)
Independent Non-Executive Director
- Tenure: 19.9yrs
- Compensation: HK$360.00k
Alan Chan (59yo)
Finance Director & Executive Director
- Tenure: 3yrs
- Compensation: HK$2.24m
Chan Kee (70yo)
Co-Founder & Chairman
- Tenure: 11yrs
- Compensation: HK$6.92m
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$223.507m
- 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 894 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Mar 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/21 12:39 |
| End of Day Share Price | 2019/10/21 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.