SGX:C50

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Cheung Woh Technologies

Executive Summary

Cheung Woh Technologies Ltd manufactures and supplies precision hard disk drive components. More Details


Snowflake Analysis

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

How has Cheung Woh Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: Insufficient data to determine C50's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine C50's volatility change over the past year.


Market Performance


7 Day Return

5.8%

C50

0.7%

SG Machinery

-0.5%

SG Market


1 Year Return

-5.9%

C50

-61.6%

SG Machinery

-14.2%

SG Market

Return vs Industry: C50 exceeded the SG Machinery industry which returned -62% over the past year.

Return vs Market: C50 exceeded the SG Market which returned -14.4% over the past year.


Shareholder returns

C50IndustryMarket
7 Day5.8%0.7%-0.5%
30 Day20.8%11.9%11.3%
90 Day34.7%1.9%10.3%
1 Year-0.9%-5.9%-61.1%-61.6%-9.5%-14.2%
3 Year-28.3%-32.6%-72.3%-73.2%-11.1%-22.1%
5 Year-37.6%-44.3%-67.0%-69.2%12.2%-8.6%

Long-Term Price Volatility Vs. Market

How volatile is Cheung Woh Technologies's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Cheung Woh Technologies undervalued compared to its fair value and its price relative to the market?

44.9%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: C50 (SGD0.13) is trading below our estimate of fair value (SGD0.23)

Significantly Below Fair Value: C50 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: C50 is unprofitable, so we can't compare its PE Ratio to the SG Machinery industry average.

PE vs Market: C50 is unprofitable, so we can't compare its PE Ratio to the SG market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate C50's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: C50 is good value based on its PB Ratio (0.5x) compared to the SG Machinery industry average (0.7x).


Next Steps

Future Growth

How is Cheung Woh Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

24.5%

Forecasted Capital Goods 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 Cheung Woh Technologies 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 Cheung Woh Technologies performed over the past 5 years?

-50.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: C50 is currently unprofitable.

Growing Profit Margin: C50 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: C50 is unprofitable, and losses have increased over the past 5 years at a rate of 50.9% per year.

Accelerating Growth: Unable to compare C50's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: C50 is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-13.7%).


Return on Equity

High ROE: C50 has a negative Return on Equity (-6.05%), as it is currently unprofitable.


Next Steps

Financial Health

How is Cheung Woh Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: C50's short term assets (SGD49.9M) exceed its short term liabilities (SGD10.0M).

Long Term Liabilities: C50's short term assets (SGD49.9M) exceed its long term liabilities (SGD5.0M).


Debt to Equity History and Analysis

Debt Level: C50's debt to equity ratio (2.1%) is considered satisfactory.

Reducing Debt: C50's debt to equity ratio has reduced from 7.5% to 2.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable C50 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: C50 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 29.7% per year.


Next Steps

Dividend

What is Cheung Woh Technologies's current dividend yield, its reliability and sustainability?

3.91%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: C50's dividend (3.91%) is higher than the bottom 25% of dividend payers in the SG market (2.41%).

High Dividend: C50's dividend (3.91%) is low compared to the top 25% of dividend payers in the SG market (5.19%).


Stability and Growth of Payments

Stable Dividend: C50's dividend payments have been volatile in the past 10 years.

Growing Dividend: C50's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: C50 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

8.6yrs

Average board tenure


CEO

Kung Ming Law (64 yo)

0.42

Tenure

Mr. Kung Ming Law serves as an Executive Chairman of the Board and Chief Executive Officer at Cheung Woh Technologies Ltd since July 27, 2020. He has been the Managing Director of Cheung Woh Technologies (...


Board Members

NamePositionTenureCompensationOwnership
Kung Ming Law
Executive Chairman & CEO0.42yrno data3.52%
SGD 1.3m
Yu Chui Law
Finance & Administration Director40.83yrsno data3.52%
SGD 1.3m
Yuk Chen
Lead Independent Director7.17yrsno data0.034%
SGD 12.8k
Kian Lim
Independent Director15.25yrsno datano data
Kuang Hua Ngu
Independent Director8.58yrsno data0.17%
SGD 64.2k

8.6yrs

Average Tenure

62yo

Average Age

Experienced Board: C50's board of directors are considered experienced (8.6 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

Cheung Woh Technologies Ltd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Cheung Woh Technologies Ltd
  • Ticker: C50
  • Exchange: SGX
  • Founded: 1972
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: S$37.900m
  • Shares outstanding: 296.10m
  • Website: https://www.cheungwoh.com.sg

Number of Employees


Location

  • Cheung Woh Technologies Ltd
  • 23 Tuas South Street 1
  • Singapore
  • 638033
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
C50SGX (Singapore Exchange)YesOrdinary SharesSGSGDDec 2002

Biography

Cheung Woh Technologies Ltd manufactures and supplies precision hard disk drive components. It operates through Hard Disk Drive Components and Precision Metal Stamping Components segments. The Hard Disk Dr...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 11:09
End of Day Share Price2020/12/04 00:00
Earnings2020/08/31
Annual Earnings2020/02/28


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.