OTCPK:WAYS

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Wave Sync Corp., a development stage company, engages in the design, development, and proliferation of debit and credit cards for financial institutions in the United States. More Details


Snowflake Analysis

Excellent balance sheet with weak fundamentals.

Share Price & News

How has Wave Sync's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: WAYS's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

WAYS

1.8%

US Semiconductor

-0.8%

US Market


1 Year Return

n/a

WAYS

41.5%

US Semiconductor

13.8%

US Market

Return vs Industry: Insufficient data to determine how WAYS performed against the US Semiconductor industry.

Return vs Market: Insufficient data to determine how WAYS performed against the US Market.


Shareholder returns

WAYSIndustryMarket
7 Day0%1.8%-0.8%
30 Day0%-3.2%-5.7%
90 Day-66.0%12.4%8.6%
1 Yearn/a44.2%41.5%16.4%13.8%
3 Yearn/a80.9%71.4%36.9%27.8%
5 Yearn/a240.4%206.9%85.0%64.2%

Price Volatility Vs. Market

How volatile is Wave Sync's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Wave Sync undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether Wave Sync is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Wave Sync 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.


Next Steps

  • Examine Wave Sync's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
  • 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 Wave Sync regulatory filings here.
  • Explore potentially undervalued companies in the Semiconductors industry.

Future Growth

How is Wave Sync forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

22.5%

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 Wave Sync 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 Wave Sync performed over the past 5 years?

15.9%

Historical Semiconductors annual earnings growth


Earnings and Revenue History

Quality Earnings: Insufficient data to determine if WAYS has high quality earnings.

Growing Profit Margin: Insufficient data to determine if WAYS's profit margins have improved over the past year.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if WAYS's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Insufficient data to compare WAYS's past year earnings growth to its 5-year average.

Earnings vs Industry: Insufficient data to determine if WAYS's earnings growth over the past year exceeded the Semiconductor industry average.


Return on Equity

High ROE: WAYS has a negative Return on Equity (0%), as it is currently unprofitable.


Next Steps

Financial Health

How is Wave Sync's financial position?


In this section we usually analyse Wave Sync's finance health to determine how well-positioned it is against times of financial distress, in particular, its ability to manage its cash and debt levels. Wave Sync has not provided adequate balance sheet data, its financial health cannot be properly assessed as it.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have financial information.


Next Steps

  • Take a look at our analysis of WAYS’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • Investors tend to look at the financial health of a company this size in order to assess the sustainability of its current operations. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website.
  • Financial health is measured at one point in time, so the latest financial report is the best representation of the company’s current financial status. Check when Wave Sync's financial data was last updated here.
  • Explore more healthy companies in the Semiconductors industry.

Dividend

What is Wave Sync current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate WAYS's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate WAYS's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if WAYS's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if WAYS's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of WAYS's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

5.2yrs

Average board tenure


CEO

Zuyue Xiang (50 yo)

1.67yrs

Tenure

US$66,667

Compensation

Mr. Zuyue Xiang has been a Director of Wave Sync Corp. since October 16, 2015. Mr. Mr. Xiang has been Chief Executive Officer of Wave Sync Corp. since January 29, 2019 and previously he served as its Chief ...


CEO Compensation Analysis

Compensation vs Market: Zuyue's total compensation ($USD0.00) is below average for companies of similar size in the US market ($USD604.44K).

Compensation vs Earnings: Insufficient data to compare Zuyue's compensation with company performance.


Board Members

NamePositionTenureCompensationOwnership
Zuyue Xiang
CEO & Director1.67yrsUS$66.67k14.27%
$ 1.5m
Mei Yang
Chairwoman of the Board5.67yrsUS$60.00k9.9%
$ 1.1m
Xiaoqiang Zuo
Independent Director5.5yrsno data0.48%
$ 51.0k
Minqin Tang
Independent Director2.92yrsno datano data

5.2yrs

Average Tenure

49.5yo

Average Age

Experienced Board: WAYS's board of directors are considered experienced (5.2 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

Wave Sync Corp.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Wave Sync Corp.
  • Ticker: WAYS
  • Exchange: OTCPK
  • Founded: 1988
  • Industry: Semiconductors
  • Sector: Semiconductors
  • Market Cap: US$10.724m
  • Shares outstanding: 21.03m

Location

  • Wave Sync Corp.
  • 11 Middlebury Boulevard
  • Unit 3
  • Randolph
  • New Jersey
  • 7869
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WAYSOTCPK (Pink Sheets LLC)YesCommon StockUSUSDOct 2015

Biography

Wave Sync Corp., a development stage company, engages in the design, development, and proliferation of debit and credit cards for financial institutions in the United States. The company offers its product ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/09/28 05:38
End of Day Share Price2020/09/02 00:00
Earnings2018/12/31
Annual Earnings2018/12/31


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.