Sunright
Market Cap
S$57.1m
Last Updated
2021/04/17 11:08 UTC
Data Sources
Company Financials
Executive Summary
Sunright Limited, an investment holding company, provides burn-in, testing, and electronic manufacturing services to semiconductor and electronics manufacturers in Singapore, Malaysia, China, Taiwan, Hong Kong, India, the Philippines, Thailand, Vietnam, the United States, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Excellent balance sheet with poor track record.
Share Price & News
How has Sunright's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: S71 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: S71's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-3.1%
S71
-1.3%
SG Semiconductor
0.4%
SG Market
1 Year Return
40.9%
S71
79.8%
SG Semiconductor
22.1%
SG Market
Return vs Industry: S71 underperformed the SG Semiconductor industry which returned 79.8% over the past year.
Return vs Market: S71 exceeded the SG Market which returned 22.1% over the past year.
Shareholder returns
| S71 | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.1% | -1.3% | 0.4% |
| 30 Day | 6.9% | 5.4% | 3.7% |
| 90 Day | -10.6% | 4.3% | 6.3% |
| 1 Year | 42.0%40.9% | 86.4%79.8% | 27.7%22.1% |
| 3 Year | -39.9%-40.8% | 69.1%46.0% | -0.2%-12.0% |
| 5 Year | 132.4%126.8% | 424.8%267.3% | 20.9%-0.2% |
Long-Term Price Volatility Vs. Market
How volatile is Sunright's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall St
Is Sunright (SGX:S71) Weighed On By Its Debt Load?3 months ago | Simply Wall St
Here's Why Sunright's (SGX:S71) Statutory Earnings Are Arguably Too Conservative5 months ago | Simply Wall St
These 4 Measures Indicate That Sunright (SGX:S71) Is Using Debt SafelyValuation
Is Sunright undervalued compared to its fair value and its price relative to the market?
20.76x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: S71 (SGD0.47) is trading above our estimate of fair value (SGD0.44)
Significantly Below Fair Value: S71 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: S71 is poor value based on its PE Ratio (20.8x) compared to the SG Semiconductor industry average (20.1x).
PE vs Market: S71 is poor value based on its PE Ratio (20.8x) compared to the SG market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate S71's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: S71's PB Ratio (0.7x) is in line with the SG Semiconductor industry average.
Future Growth
How is Sunright forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.8%
Forecasted Semiconductors 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 Sunright 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.
Past Performance
How has Sunright performed over the past 5 years?
-21.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: S71 has a large one-off gain of SGD1.2M impacting its January 31 2021 financial results.
Growing Profit Margin: S71 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: S71's earnings have declined by 21.4% per year over the past 5 years.
Accelerating Growth: S71 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: S71 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Semiconductor industry (8.6%).
Return on Equity
High ROE: S71's Return on Equity (2%) is considered low.
Financial Health
How is Sunright's financial position?
Financial Position Analysis
Short Term Liabilities: S71's short term assets (SGD134.9M) exceed its short term liabilities (SGD27.7M).
Long Term Liabilities: S71's short term assets (SGD134.9M) exceed its long term liabilities (SGD7.1M).
Debt to Equity History and Analysis
Debt Level: S71's debt to equity ratio (4.2%) is considered satisfactory.
Reducing Debt: S71's debt to equity ratio has reduced from 19.2% to 4.2% over the past 5 years.
Debt Coverage: S71's debt is well covered by operating cash flow (247.4%).
Interest Coverage: Insufficient data to determine if S71's interest payments on its debt are well covered by EBIT.
Balance Sheet
Dividend
What is Sunright current dividend yield, its reliability and sustainability?
0.65%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: S71's dividend (0.65%) isn’t notable compared to the bottom 25% of dividend payers in the SG market (1.87%).
High Dividend: S71's dividend (0.65%) is low compared to the top 25% of dividend payers in the SG market (4.62%).
Stability and Growth of Payments
Stable Dividend: S71 is not paying a notable dividend for the SG market, therefore no need to check if payments are stable.
Growing Dividend: S71 is not paying a notable dividend for the SG market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: S71 is not paying a notable dividend for the SG market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of S71's dividend in 3 years as they are not forecast to pay a notable one for the SG market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
27.3yrs
Average board tenure
CEO
Samuel Lim (66 yo)
43.08yrs
Tenure
Mr. Syn Soo Lim, also known as Samuel has been Executive Chairman and Chief Executive Officer of Sunright Limited since March 9, 1978. Mr. Lim serves as the Chief Executive Officer of KESM Industries Bhd. ...
Board Members
Experienced Board: S71's board of directors are seasoned and experienced ( 27.3 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
Sunright Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Sunright Limited
- Ticker: S71
- Exchange: SGX
- Founded: 1978
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: S$57.105m
- Shares outstanding: 122.81m
- Website: https://www.sunright.com
Number of Employees
Location
- Sunright Limited
- Block 1093
- No. 02-01/08, Lower Delta Road
- Singapore
- 169204
- Singapore
Listings
Biography
Sunright Limited, an investment holding company, provides burn-in, testing, and electronic manufacturing services to semiconductor and electronics manufacturers in Singapore, Malaysia, China, Taiwan, Hong ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/17 11:08 |
| End of Day Share Price | 2021/04/16 00:00 |
| Earnings | 2021/01/31 |
| Annual Earnings | 2020/07/31 |
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.