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Plastoform Holdings

SGX:AYD
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AYD
SGX
SGD521K
Market Cap
  1. Home
  2. SG
  3. Consumer Durables
Company description

Plastoform Holdings Limited, an investment holding company, delivers OEM and ODM services, electronics manufacturing services in the United States, the People’s Republic of China, Hong Kong, Europe, Australia, Singapore, and internationally. The last earnings update was 17 days ago. More info.


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AYD Share Price and Events
7 Day Returns
0%
SGX:AYD
-1.2%
Asia Consumer Durables
-1%
SG Market
1 Year Returns
-
SGX:AYD
-16.6%
Asia Consumer Durables
-8.9%
SG Market
AYD Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Plastoform Holdings (AYD) 0% 0% 30% - - -98.1%
Asia Consumer Durables -1.2% -11.1% -3.7% -16.6% 28% 45.7%
SG Market -1% -4.7% -3.3% -8.9% 7.6% -8.7%
1 Year Return vs Industry and Market
  • No trading data on AYD.
  • No trading data on AYD.
Price Volatility
AYD
Industry
5yr Volatility vs Market

Value

 Is Plastoform Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.

In this section, we usually try to help investors determine whether Plastoform Holdings is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Plastoform Holdings has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis. You can see them here.

Show me the analysis anyway

INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Plastoform Holdings. This is due to cash flow or dividend data being unavailable. The share price is SGD0.013.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Plastoform Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Plastoform Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SGX:AYD PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in HKD HK$-0.98
SGX:AYD Share Price ** SGX (2019-03-25) in SGD SGD0.01
SGX:AYD Share Price converted to HKD reporting currency Exchange rate (SGD/ HKD) 5.707 HK$0.07
Asia Consumer Durables Industry PE Ratio Median Figure of 69 Publicly-Listed Consumer Durables Companies 15.54x
Singapore Market PE Ratio Median Figure of 322 Publicly-Listed Companies 12.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Plastoform Holdings.

SGX:AYD PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SGX:AYD Share Price ÷ EPS (both in HKD)

= 0.07 ÷ -0.98

-0.08x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Plastoform Holdings is loss making, we can't compare its value to the Asia Consumer Durables industry average.
  • Plastoform Holdings is loss making, we can't compare the value of its earnings to the Singapore market.
Price based on expected Growth
Does Plastoform Holdings's expected growth come at a high price?
Raw Data
SGX:AYD PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.08x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Consumer Durables Industry PEG Ratio Median Figure of 19 Publicly-Listed Consumer Durables Companies 1.68x
Singapore Market PEG Ratio Median Figure of 120 Publicly-Listed Companies 1.55x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Plastoform Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Plastoform Holdings's assets?
Raw Data
SGX:AYD PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in HKD HK$-0.02
SGX:AYD Share Price * SGX (2019-03-25) in SGD SGD0.01
SGX:AYD Share Price converted to HKD reporting currency Exchange rate (SGD/ HKD) 5.707 HK$0.07
Asia Consumer Durables Industry PB Ratio Median Figure of 89 Publicly-Listed Consumer Durables Companies 1.13x
Singapore Market PB Ratio Median Figure of 432 Publicly-Listed Companies 0.73x
SGX:AYD PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SGX:AYD Share Price ÷ Book Value per Share (both in HKD)

= 0.07 ÷ -0.02

-3.33x

* Primary Listing of Plastoform Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Plastoform Holdings has negative assets, we can't compare the value of its assets to the Asia Consumer Durables industry average.

Next steps:

  1. When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through Plastoform Holdings's regulatory filings and announcements.
  2. Show me more potentially undervalued companies in the Consumer Durables industry
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Value checks
We assess Plastoform Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Consumer Durables industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Consumer Durables industry average (and greater than 0)? (1 check)
  5. Plastoform Holdings has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Plastoform Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Plastoform 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 Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
15.7%
Expected Consumer Durables industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Plastoform Holdings expected to grow at an attractive rate?
  • Unable to compare Plastoform Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Plastoform Holdings's earnings growth to the Singapore market average as no estimate data is available.
  • Unable to compare Plastoform Holdings's revenue growth to the Singapore market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SGX:AYD Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 15.7%
Asia Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 10.1%
Singapore Market Earnings Growth Rate Market Cap Weighted Average 5.7%
Singapore Market Revenue Growth Rate Market Cap Weighted Average 4.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SGX:AYD Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SGX:AYD Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-03-31 32 -14 -38
2018-12-31 44 -29 -39
2018-09-30 96 -32 -77
2018-06-30 117 -42 -68
2018-03-31 117 -38 -43
2017-12-31 83 -15 -16
2017-09-30 149 2 -28
2017-06-30 197 -4 -16
2017-03-31 217 -2 -15
2016-12-31 248 -11 -8
2016-09-30 245 -9 -7
2016-06-30 242 9 -16

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Plastoform Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Plastoform Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SGX:AYD Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Plastoform Holdings Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SGX:AYD Past Financials Data
Date (Data in HKD Millions) EPS *
2019-03-31
2018-12-31 -0.98
2018-09-30 -1.93
2018-06-30 -1.70
2018-03-31 -1.08
2017-12-31 -0.40
2017-09-30 -0.70
2017-06-30 -0.40
2017-03-31 -0.38
2016-12-31 -0.19
2016-09-30 -0.18
2016-06-30 -0.39

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Plastoform Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Plastoform Holdings's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Consumer Durables companies here
  2. Plastoform Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Plastoform Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Plastoform Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Plastoform Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Plastoform Holdings's growth in the last year to its industry (Consumer Durables).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Plastoform Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Plastoform Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Plastoform Holdings's 1-year growth to the Asia Consumer Durables industry average as it is not currently profitable.
Earnings and Revenue History
Plastoform Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Plastoform Holdings Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SGX:AYD Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 31.53 -37.86 36.66
2018-12-31 43.65 -39.30 40.16
2018-09-30 96.31 -77.21 81.87
2018-06-30 117.11 -68.13 80.11
2018-03-31 116.73 -43.19 54.25
2017-12-31 83.37 -16.16 29.43
2017-09-30 149.20 -28.43 57.52
2017-06-30 197.10 -16.03 59.51
2017-03-31 216.65 -15.46 62.25
2016-12-31 248.13 -7.63 61.84
2016-09-30 245.22 -7.46 64.47
2016-06-30 241.62 -15.76 69.62
2016-03-31 258.79 -12.63 73.97
2015-12-31 281.84 -11.11 78.36
2015-09-30 334.23 -13.71 89.28
2015-06-30 406.50 0.48 90.97
2015-03-31 439.91 4.44 109.67
2014-12-31 461.10 6.30 94.07
2014-09-30 452.12 -8.99 104.42
2014-06-30 391.35 -27.33 101.46
2014-03-31 379.40 -31.27 85.68
2013-12-31 357.24 -35.74 82.49
2013-09-30 376.00 -31.32 21.34
2013-06-30 443.77 -5.99 11.13
2013-03-31 438.41 -5.07 -1.74
2012-12-31 469.29 2.86 6.63
2012-09-30 469.63 19.89 4.84
2012-06-30 395.38 -0.95 5.31

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Plastoform Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) due to its liabilities exceeding its assets.
  • It is difficult to establish if Plastoform Holdings has efficiently used its assets last year compared to the Asia Consumer Durables industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Plastoform Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to its liabilities exceeding its assets.
X
Past performance checks
We assess Plastoform Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Consumer Durables industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Plastoform Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Plastoform Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Plastoform Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Plastoform Holdings's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Plastoform Holdings has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Plastoform Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Plastoform Holdings has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Plastoform Holdings Company Filings, last reported 1 month ago.

SGX:AYD Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 -3.84 0.00 7.96
2018-12-31 -0.89 0.00 11.26
2018-09-30 -15.53 0.00 16.03
2018-06-30 2.07 0.00 17.76
2018-03-31 40.09 0.00 28.28
2017-12-31 50.83 0.00 41.13
2017-09-30 61.63 0.00 41.01
2017-06-30 69.56 0.00 51.56
2017-03-31 83.70 0.00 59.20
2016-12-31 99.12 0.00 62.55
2016-09-30 89.60 0.00 49.59
2016-06-30 86.18 0.00 68.55
2016-03-31 102.76 0.00 80.14
2015-12-31 111.97 0.00 83.26
2015-09-30 102.80 0.73 77.85
2015-06-30 109.72 0.73 78.70
2015-03-31 121.37 0.00 89.17
2014-12-31 128.14 0.00 78.45
2014-09-30 113.10 0.00 65.82
2014-06-30 70.95 15.00 50.77
2014-03-31 76.34 0.00 42.56
2013-12-31 91.29 2.00 44.09
2013-09-30 99.16 0.00 44.92
2013-06-30 107.91 0.00 60.66
2013-03-31 116.90 0.00 67.88
2012-12-31 126.10 0.00 18.84
2012-09-30 135.63 1.91 25.31
2012-06-30 118.95 8.23 64.37
  • Plastoform Holdings has negative shareholder equity (liabilities exceed assets), this is a more serious situation compared with a high debt level.
  • Irrelevant to check if Plastoform Holdings's debt level has increased considering it has negative shareholder equity.
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.

  • Plastoform Holdings has less than a year of cash runway based on current free cash flow.
  • Plastoform Holdings has less than a year of cash runway if free cash flow continues to grow at historical rates of 61.2% each year.
X
Financial health checks
We assess Plastoform Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Plastoform Holdings has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Plastoform Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Plastoform Holdings dividends.
If you bought SGD2,000 of Plastoform Holdings shares you are expected to receive SGD0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Plastoform Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Plastoform Holdings's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SGX:AYD Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Asia Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 37 Stocks 1.8%
Singapore Market Average Dividend Yield Market Cap Weighted Average of 277 Stocks 4%
Singapore Minimum Threshold Dividend Yield 10th Percentile 1.6%
Singapore Bottom 25% Dividend Yield 25th Percentile 2.5%
Singapore Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

SGX:AYD Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2018-12-27 0.000 0.000
2018-08-07 0.000 0.000
2018-05-08 0.000 0.000
2018-04-11 0.000 0.000
2018-02-27 0.000 0.000
2017-04-10 0.045 5.093
2017-03-10 0.045 4.664
2016-04-01 0.067 6.006
2015-04-07 0.067 3.370
2015-02-27 0.067 2.726

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Plastoform Holdings has not reported any payouts.
  • Unable to verify if Plastoform Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Plastoform Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Plastoform Holdings has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Plastoform Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.6%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Plastoform Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Plastoform Holdings has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Plastoform Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Enzo Lai
TENURE AS CEO 0.8 years
CEO Bio

Mr. Sheung Chun Lai, also known as Enzo Lai, has been Deputy Chief Executive Officer at Plastoform Holdings Ltd. since July 17, 2018. From January 2018 to July 2018 Mr. Lai was Plastoform Industries Limited - General Manager, Operations 2015 to 2017 - Optec Technology Ltd - Executive Vice President 2013 to 2015 - Platform 2 Ltd - Brand General Manager 2010 to 2013 - Minami Acoustic Ltd - General Manager 2006 to 2010 - Philips Electronics (HK) Ltd - Head of Project Office.

CEO Compensation
  • Insufficient data for Enzo to compare compensation growth.
  • Insufficient data for Enzo to establish whether their remuneration is reasonable compared to companies of similar size in Singapore.
Management Team Tenure

Average tenure of the Plastoform Holdings management team in years:

5
Average Tenure
  • The average tenure for the Plastoform Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Raymond Liu

TITLE
Group Financial Controller & Company Secretary
AGE
52
TENURE
5 yrs

Carol Wong

TITLE
Human Resource Director

Enzo Lai

TITLE
Deputy Chief Executive Officer
TENURE
0.8 yrs

Lisa Cheng

TITLE
Company Secretary
TENURE
6.7 yrs
Board of Directors

Kin Man Tse

TITLE
Non-Executive Chairman

Siew Fu Hor

TITLE
Lead Independent Director
AGE
67

Jerome Tham

TITLE
Independent Director
AGE
60

Kwong Fai Chiu

TITLE
Non-Executive Director
TENURE
15.7 yrs

Winston Tan

TITLE
Non-Executive Director
AGE
70
TENURE
8.1 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (SGD) Value (SGD)
X
Management checks
We assess Plastoform Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Plastoform Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Plastoform Holdings Limited (SGX:AYD): Time For A Financial Health Check

The direct benefit for Plastoform Holdings Limited (SGX:AYD), which sports a zero-debt capital structure, to include debt in its capital structure is the reduced cost of capital. … Is financial flexibility worth the lower cost of capital … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital.

Simply Wall St -

Why Plastoform Holdings Limited's (SGX:AYD) Investor Composition Impacts Your Returns

In this article, I'm going to take a look at Plastoform Holdings Limited’s (SGX:AYD) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Private Company Ownership Potential investors in AYD should also look at another important group of investors: private companies, with a stake of 29.71%, who are primarily invested because of strategic and capital gain interests. … Thus, potential investors should look into these business relations and check how it can impact long-term shareholder returns.Next Steps: The company's high institutional ownership makes margin of safety a very important consideration to existing investors since long bull and bear trends often emerge when these big-ticket investors see a change in long-term potential of the company.

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Will Plastoform Holdings Limited (SGX:AYD) Need To Raise More Money?

See our latest analysis for Plastoform Holdings What is cash burn? … SGX:AYD Income Statement May 12th 18 When will Plastoform Holdings need to raise more cash? … However, even with declining costs, the current level of cash is not enough to sustain Plastoform Holdings’s operations and the company may need to come to market to raise more capital within the year.

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What You Must Know About Plastoform Holdings Limited's (SGX:AYD) Market Risks

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … AYD's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … How AYD's assets could affect its beta During times of economic downturn, low demand may cause companies to readjust production of their goods and services.

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Interested In Retail? Why Plastoform Holdings Limited (SGX:AYD) May Be The Entry Point

Plastoform Holdings Limited (SGX:AYD), a S$5.13M small-cap, operates in the retail industry impacted by the digital transformation for all retail channels, and the challenging economic environment. … Today, I will analyse the industry outlook, and also determine whether Plastoform Holdings is a laggard or leader relative to its retail sector peers. … See our latest analysis for Plastoform Holdings What’s the catalyst for Plastoform Holdings's sector growth?

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Who Really Owns Plastoform Holdings Limited (SGX:AYD)?

However, we should dig deeper into AYD's ownership structure and find out how other key ownership classes can affect its investment profile. … Insider Ownership Insiders form another group of important ownership types as they manage the company's operations and decide the best use of capital. … An ownership of this size indicates a strong financial backing and has the potential to influence AYD's business strategy.

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How Does Investing In Plastoform Holdings Limited (SGX:AYD) Impact Your Portfolio?

AYD’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio. … This is an interesting conclusion, since both AYD’s size and industry indicates the stock should have a higher beta than it currently has. … However, this is the opposite to what AYD’s actual beta value suggests, which is lower stock volatility relative to the market.

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Have Investors Already Priced In Consumer Sector Growth For Plastoform Holdings Limited (SGX:AYD)?

In this article, I’ll take you through the sector growth expectations, and also determine whether Plastoform Holdings is a laggard or leader relative to its consumer discretionary sector peers. … Check out our latest analysis for Plastoform Holdings What’s the catalyst for Plastoform Holdings's sector growth? … If your initial investment thesis is around the growth prospects of Plastoform Holdings, there are other household durables companies that have delivered higher growth, and perhaps trading at a discount to the industry average.

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Plastoform Holdings Limited (SGX:AYD): Financial Strength Analysis

Plastoform Holdings Limited (SGX:AYD), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … While AYD has no debt on its balance sheet, it doesn’t necessarily mean it exhibits financial strength. … Check out our latest analysis for Plastoform Holdings Does AYD's growth rate justify its decision for financial flexibility over lower cost of capital?

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Company Info

Description

Plastoform Holdings Limited, an investment holding company, delivers OEM and ODM services, electronics manufacturing services in the United States, the People’s Republic of China, Hong Kong, Europe, Australia, Singapore, and internationally. It offers services for wireless connectivity technologies, AI and voice recognition, commercial speech and voice devices, smart audio and IoT applications. The company also provides electronics manufacturing services. Plastoform Holdings Limited was founded in 1982 and is based in Kwai Chung, Hong Kong.

Details
Name: Plastoform Holdings Limited
AYD
Exchange: SGX
Founded: 1982
SGD520,600
40,046,193
Website: http://www.plastoform.com
Address: Plastoform Holdings Limited
Seapower Centre,
Room 902-904,
Kwai Chung,
New Territories, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SGX AYD Ordinary Shares Singapore Exchange SG SGD 12. Oct 2006
Number of employees
Current staff
Staff numbers
28
Plastoform Holdings employees.
Industry
Consumer Electronics
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/26 12:45
End of day share price update: 2019/03/25 00:00
Last earnings filing: 2019/05/09
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.