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BOE Varitronix

OTCPK:VARX.F
Snowflake Description

Flawless balance sheet with moderate growth potential.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VARX.F
OTCPK
HK$2B
Market Cap
  1. Home
  2. US
  3. Semiconductors
Company description

BOE Varitronix Limited designs, manufactures, and sells liquid crystal display (LCD) and related products the People’s Republic of China, Europe, the United States, South Korea, and internationally. The last earnings update was 19 days ago. More info.


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VARX.F Share Price and Events
7 Day Returns
0%
OTCPK:VARX.F
1.4%
US Semiconductor
0.6%
US Market
1 Year Returns
-
OTCPK:VARX.F
6%
US Semiconductor
8.2%
US Market
VARX.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
BOE Varitronix (VARX.F) 0% 0% - - - -
US Semiconductor 1.4% 8.7% 21.7% 6% 97.7% 120%
US Market 0.6% 3.1% 12% 8.2% 39.4% 46.9%
1 Year Return vs Industry and Market
  • No trading data on VARX.F.
  • No trading data on VARX.F.
Price Volatility
VARX.F
Industry
5yr Volatility vs Market

VARX.F Value

 Is BOE Varitronix 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.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for BOE Varitronix. This is due to cash flow or dividend data being unavailable. The share price is $0.28.
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 BOE Varitronix's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are BOE Varitronix's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:VARX.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in HKD HK$0.02
SEHK:710 Share Price ** SEHK (2019-01-15) in HKD HK$2.43
United States of America Semiconductor Industry PE Ratio Median Figure of 69 Publicly-Listed Semiconductor Companies 20.23x
United States of America Market PE Ratio Median Figure of 3,070 Publicly-Listed Companies 18.18x

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

** Primary Listing of BOE Varitronix.

OTCPK:VARX.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:710 Share Price ÷ EPS (both in HKD)

= 2.43 ÷ 0.02

104.27x

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

  • BOE Varitronix is overvalued based on earnings compared to the US Semiconductor industry average.
  • BOE Varitronix is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does BOE Varitronix's expected growth come at a high price?
Raw Data
OTCPK:VARX.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 104.27x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
38.5%per year
United States of America Semiconductor Industry PEG Ratio Median Figure of 64 Publicly-Listed Semiconductor Companies 1.18x
United States of America Market PEG Ratio Median Figure of 2,105 Publicly-Listed Companies 1.57x

*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 BOE Varitronix, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on BOE Varitronix's assets?
Raw Data
OTCPK:VARX.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in HKD HK$3.75
SEHK:710 Share Price * SEHK (2019-01-15) in HKD HK$2.43
United States of America Semiconductor Industry PB Ratio Median Figure of 107 Publicly-Listed Semiconductor Companies 2.75x
United States of America Market PB Ratio Median Figure of 5,175 Publicly-Listed Companies 1.94x
OTCPK:VARX.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:710 Share Price ÷ Book Value per Share (both in HKD)

= 2.43 ÷ 3.75

0.65x

* Primary Listing of BOE Varitronix.

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

  • BOE Varitronix is good value based on assets compared to the US Semiconductor industry average.
X
Value checks
We assess BOE Varitronix'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 Semiconductor 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 Semiconductor industry average (and greater than 0)? (1 check)
  5. BOE Varitronix has a total score of 1/6, 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.

VARX.F Future Performance

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

  • No analysts cover BOE Varitronix, future earnings growth has been estimated based on fundamentals.
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
38.5%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is BOE Varitronix expected to grow at an attractive rate?
  • BOE Varitronix's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • BOE Varitronix's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare BOE Varitronix's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:VARX.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:VARX.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 38.5%
United States of America Semiconductor Industry Earnings Growth Rate Market Cap Weighted Average 10.7%
United States of America Semiconductor Industry Revenue Growth Rate Market Cap Weighted Average 5.3%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*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
OTCPK:VARX.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months 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.
OTCPK:VARX.F Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-12-31 3,177 17
2018-09-30 3,164 19
2018-06-30 3,151 -150 20
2018-03-31 3,015 -241 21
2017-12-31 2,879 -332 22
2017-09-30 2,652 -178 45
2017-06-30 2,425 -25 69
2017-03-31 2,336 90 60
2016-12-31 2,247 204 51
2016-09-30 2,286 227 37
2016-06-30 2,324 249 24
2016-03-31 2,406 258 163

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • BOE Varitronix's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if BOE Varitronix 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
OTCPK:VARX.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from BOE Varitronix Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:VARX.F Past Financials Data
Date (Data in HKD Millions) EPS *
2018-12-31 0.02
2018-09-30 0.03
2018-06-30 0.03
2018-03-31 0.03
2017-12-31 0.03
2017-09-30 0.06
2017-06-30 0.09
2017-03-31 0.09
2016-12-31 0.08
2016-09-30 0.07
2016-06-30 0.06
2016-03-31 0.44

*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 BOE Varitronix will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess BOE Varitronix'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
BOE Varitronix has a total score of 3/6, 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.

VARX.F Past Performance

  How has BOE Varitronix 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 BOE Varitronix's growth in the last year to its industry (Semiconductor).
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.
  • BOE Varitronix's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • BOE Varitronix's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • BOE Varitronix's 1-year earnings growth is negative, it can't be compared to the US Semiconductor industry average.
Earnings and Revenue History
BOE Varitronix'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 BOE Varitronix Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:VARX.F Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 3,177.36 17.13 550.80
2018-09-30 3,164.00 18.59 546.18
2018-06-30 3,150.64 20.04 541.57
2018-03-31 3,014.90 21.08 527.05
2017-12-31 2,879.16 22.11 512.54
2017-09-30 2,652.10 45.46 483.15
2017-06-30 2,425.04 68.81 453.77
2017-03-31 2,336.25 59.66 439.00
2016-12-31 2,247.47 50.52 424.22
2016-09-30 2,285.59 37.49 435.42
2016-06-30 2,323.70 24.46 446.61
2016-03-31 2,405.76 162.53 454.78
2015-12-31 2,487.82 300.61 462.95
2015-09-30 2,521.76 358.09 450.12
2015-06-30 2,555.69 415.58 437.30
2015-03-31 2,584.37 333.01 428.13
2014-12-31 2,613.06 250.44 418.96
2014-09-30 2,684.06 254.08 415.80
2014-06-30 2,755.07 257.72 412.63
2014-03-31 2,679.62 250.43 399.04
2013-12-31 2,604.17 243.15 385.45
2013-09-30 2,478.16 240.15 370.16
2013-06-30 2,352.16 237.15 354.87
2013-03-31 2,287.27 203.99 343.91
2012-12-31 2,222.38 170.84 332.94
2012-09-30 2,168.58 137.50 325.69
2012-06-30 2,114.78 104.16 318.45

*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.
  • BOE Varitronix has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • It is difficult to establish if BOE Varitronix has efficiently used its assets last year compared to the US Semiconductor industry average (Return on Assets) as it is loss-making.
  • BOE Varitronix's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess BOE Varitronix'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 Semiconductor 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.
BOE Varitronix 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.

VARX.F Health

 How is BOE Varitronix'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 BOE Varitronix's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • BOE Varitronix is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • BOE Varitronix's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of BOE Varitronix'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.
  • High level of physical assets or inventory.
  • BOE Varitronix has no debt, it does not need to be 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 BOE Varitronix Company Filings, last reported 3 months ago.

OTCPK:VARX.F Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,759.02 0.00 1,340.11
2018-09-30 2,759.02 0.00 1,340.11
2018-06-30 2,801.35 0.00 1,245.90
2018-03-31 2,801.35 0.00 1,245.90
2017-12-31 2,802.04 0.00 1,229.92
2017-09-30 2,802.04 0.00 1,229.92
2017-06-30 2,765.78 0.00 1,558.90
2017-03-31 2,765.78 0.00 1,558.90
2016-12-31 2,731.61 8.89 1,798.70
2016-09-30 2,731.61 8.89 1,798.70
2016-06-30 2,746.63 26.67 2,287.19
2016-03-31 2,746.63 26.67 2,287.19
2015-12-31 1,905.44 145.27 939.83
2015-09-30 1,905.44 145.27 939.83
2015-06-30 1,966.96 242.19 1,110.23
2015-03-31 1,966.96 242.19 1,110.23
2014-12-31 1,792.10 228.76 763.58
2014-09-30 1,792.10 228.76 763.58
2014-06-30 1,712.44 334.20 846.14
2014-03-31 1,712.44 334.20 846.14
2013-12-31 1,728.18 302.23 747.99
2013-09-30 1,728.18 302.23 747.99
2013-06-30 1,604.07 282.02 664.34
2013-03-31 1,604.07 282.02 664.34
2012-12-31 1,549.07 317.52 584.89
2012-09-30 1,549.07 317.52 571.76
2012-06-30 1,423.63 259.50 624.58
  • BOE Varitronix has no debt.
  • BOE Varitronix has no debt compared to 5 years ago when it was 17.5%.
  • BOE Varitronix has no debt, it does not need to be covered by operating cash flow.
  • BOE Varitronix has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess BOE Varitronix'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. BOE Varitronix has a total score of 6/6, 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.

VARX.F Dividends

 What is BOE Varitronix'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
0.41%
Current annual income from BOE Varitronix dividends.
If you bought $2,000 of BOE Varitronix shares you are expected to receive $8 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?
  • BOE Varitronix's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.41%).
  • BOE Varitronix's dividend is below the markets top 25% of dividend payers in United States of America (3.61%).
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
OTCPK:VARX.F 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
United States of America Semiconductor Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 2.2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.6%

Industry and Market average data is calculated daily.

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

OTCPK:VARX.F Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2019-03-26 0.010 0.390
2018-03-27 0.010 0.381
2017-04-27 0.025 0.565
2016-09-28 0.000 0.000
2016-08-30 0.000 0.000
2016-05-05 0.455 10.832
2015-04-27 0.420 7.440
2015-03-19 0.420 7.529
2014-08-11 0.500 8.475
2014-04-23 0.500 6.496
2014-03-20 0.500 5.836
2013-04-25 0.280 4.119
2013-03-22 0.280 5.703
2012-03-23 0.265 8.382
2011-08-18 0.320 9.378
2011-03-24 0.420 8.439
2010-09-01 0.110 3.228
2010-08-19 0.110 3.985
2010-04-23 0.020 0.823
2009-08-31 0.020 0.806
2009-08-17 0.020 0.744
2009-04-22 0.130 6.179
2009-04-15 0.380 19.781

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

  • BOE Varitronix is not paying a notable dividend for United States of America, therefore no need to check if the payments are stable.
  • BOE Varitronix is not paying a notable dividend for United States of America, therefore no need to check if the payments are increasing.
Current Payout to shareholders
What portion of BOE Varitronix's earnings are paid to the shareholders as a dividend.
  • No need to calculate the sustainability of BOE Varitronix's dividends as it is not paying a notable one for United States of America.
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 BOE Varitronix's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 BOE Varitronix afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. BOE Varitronix 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.

VARX.F Management

 What is the CEO of BOE Varitronix'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
Ning Su
COMPENSATION HK$1,254,000
AGE 38
TENURE AS CEO 0.3 years
CEO Bio

Mr. Ning Su has been Chief Executive Officer AT BOE Varitronix Limited since January 1, 2019, serves as Executive Director since April 2016 and was its Co-Chief Executive Officer since April 28, 2016 until January 1, 2019. Mr. Su is the General Manager of the application business department of Beijing BOE Display Technology Co., Ltd. Since 2005, Mr. Su has served as a Deputy Division Chief in the module technical department, a Deputy Department Head in the new application business department, the Division Chief, a Deputy General Manager in the application business department of Beijing BOE Optoelectronics Technology Co., Ltd. Mr. Su graduated from the Graduate School of Chinese Academy of Sciences with a Master Degree in Engineering.

CEO Compensation
  • Ning's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
  • Ning's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Ning Su

TITLE
CEO & Executive Director
COMPENSATION
HK$1M
AGE
38
TENURE
0.3 yrs

Wenbao Gao

TITLE
Chairman
AGE
44

Rossetti Suen

TITLE
Chief Operating Officer
AGE
46

James Park

TITLE
CTO & Head of Technical Group
AGE
47

Ricardo Ng

TITLE
Senior Manager of Information Service
AGE
55

Susana Chan

TITLE
Senior Manager of Human Resources and Public Relations
AGE
48

Tommy Tan

TITLE
Senior Manager of Sales & Marketing
AGE
43

Lloyd Ng

TITLE
Assistant GM & Head of Quality
AGE
50

Peter Pang

TITLE
Financial Controller & Company Secretary
AGE
37

Patrick Lo

TITLE
Assistant General Manager of TFT & Touch Panel Manufacturing
AGE
44
TENURE
1.6 yrs
Board of Directors Tenure

Average tenure and age of the BOE Varitronix board of directors in years:

3
Average Tenure
42
Average Age
  • The tenure for the BOE Varitronix board of directors is about average.
Board of Directors

Wenbao Gao

TITLE
Chairman
AGE
44
TENURE
0.6 yrs

Samantha Ko

TITLE
Vice Chairlady
COMPENSATION
HK$3M
AGE
39
TENURE
0.3 yrs

Ning Su

TITLE
CEO & Executive Director
COMPENSATION
HK$1M
AGE
38
TENURE
3 yrs

Chu Chang

TITLE
Honorary Chairman
AGE
74
TENURE
11.8 yrs

Peter Fung

TITLE
Independent Non-Executive Director
COMPENSATION
HK$200K
AGE
51
TENURE
2.8 yrs

Ziqiang Hou

TITLE
Independent Non-Executive Director
COMPENSATION
HK$224K
AGE
80
TENURE
14.1 yrs

Xiaoping Yang

TITLE
Non-Executive Director
COMPENSATION
HK$200K
AGE
39
TENURE
3 yrs

Xue Dong

TITLE
Non-Executive Director
COMPENSATION
HK$200K
AGE
39
TENURE
3 yrs

Philip Yuan

TITLE
Non-Executive Director
COMPENSATION
HK$200K
AGE
40
TENURE
3 yrs

Howard Chu

TITLE
Independent Non-Executive Director
COMPENSATION
HK$200K
AGE
54
TENURE
2.8 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess BOE Varitronix'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. BOE Varitronix 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.

VARX.F News

Simply Wall St News

VARX.F Company Info

Description

BOE Varitronix Limited designs, manufactures, and sells liquid crystal display (LCD) and related products the People’s Republic of China, Europe, the United States, South Korea, and internationally. The company offers TN/super twisted nematic (STN) products, such as monochrome character, segment, and graphics LCD modules; improved black nematic products; improved, double, and enhanced STN products; and CSTN products. It also provides mono and color thin film transistor products; bi-stable cholesteric displays products; 3D displays, such as 3D glasses and active barriers; and value-added technologies comprising index matching, free shape LCD, and customized TFT solutions. The company offers display products in the areas of car audio/GPS, rear seat displays, dashboard, HVAC, clock, and special purposes for automotive markets; power meter, cable detection, and server and industrial weight machinery for industrial markets; washing machine, oven, coffee machine, fridge, and HOB for white goods markets; blood glucose meter, dental instrument, infusion pump, and ventilation for medical markets; and health watch, POS, signage, marine, vending machine, money counting machine, indoor rowers, home control, price label, and label printer for other markets. It also engages in property holding; investment securities holding; and marketing and sales consulting activities. The company was formerly known as Varitronix International Limited and changed its name to BOE Varitronix Limited in July 2017. BOE Varitronix Limited was founded in 1978 and is headquartered in Kwun Tong, Hong Kong.

Details
Name: BOE Varitronix Limited
VARX.F
Exchange: OTCPK
Founded: 1978
HK$227,786,033
735,175,204
Website: http://www.boevx.com
Address: BOE Varitronix Limited
Legend Tower,
35th Floor,
Kwun Tong,
Kowloon, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 710 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 02. Jan 1992
OTCPK VARX.F Ordinary Shares Pink Sheets LLC US USD 02. Jan 1992
DB VTX Ordinary Shares Deutsche Boerse AG DE EUR 02. Jan 1992
Number of employees
Current staff
Staff numbers
5,243
BOE Varitronix employees.
Industry
Semiconductors
Semiconductors
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/14 23:53
End of day share price update: 2019/01/15 00:00
Last earnings filing: 2019/03/26
Last earnings reported: 2018/12/31
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.