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Bonso Electronics International

Nasdaq:BNSO
Snowflake Description

Flawless balance sheet and fair value.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
BNSO
Nasdaq
$14M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Bonso Electronics International Inc., together with its subsidiaries, designs, develops, produces, and sells electronic sensor-based and wireless products. The last earnings update was 219 days ago. More info.


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  • Bonso Electronics International has significant price volatility in the past 3 months.
BNSO Share Price and Events
7 Day Returns
3.2%
NasdaqCM:BNSO
-0.2%
US Electronic
0.4%
US Market
1 Year Returns
-25.9%
NasdaqCM:BNSO
0.1%
US Electronic
3.5%
US Market
BNSO Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Bonso Electronics International (BNSO) 3.2% 10% 26.8% -25.9% 114.9% 67.1%
US Electronic -0.2% 0.3% 22.8% 0.1% 60% 59.3%
US Market 0.4% 1.6% 16.4% 3.5% 39.4% 44%
1 Year Return vs Industry and Market
  • BNSO underperformed the Electronic industry which returned 0.1% over the past year.
  • BNSO underperformed the Market in United States of America which returned 3.5% over the past year.
Price Volatility
BNSO
Industry
5yr Volatility vs Market

BNSO Value

 Is Bonso Electronics International 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
Here we compare the current share price of Bonso Electronics International to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Bonso Electronics International.

NasdaqCM:BNSO Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 10.4%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:BNSO
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6.7%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.07 (1 + (1- 25%) (20.22%))
1.155
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.16
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.155 * 6.65%)
10.41%

Discounted Cash Flow Calculation for NasdaqCM:BNSO using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Bonso Electronics International is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

NasdaqCM:BNSO DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 10.41%)
2019 2.39 Est @ -3.63% 2.17
2020 2.35 Est @ -1.72% 1.93
2021 2.34 Est @ -0.38% 1.74
2022 2.35 Est @ 0.55% 1.58
2023 2.38 Est @ 1.2% 1.45
2024 2.42 Est @ 1.66% 1.34
2025 2.47 Est @ 1.98% 1.23
2026 2.52 Est @ 2.21% 1.14
2027 2.58 Est @ 2.36% 1.06
2028 2.65 Est @ 2.47% 0.98
Present value of next 10 years cash flows $14.63
NasdaqCM:BNSO DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= $2.65 × (1 + 2.73%) ÷ (10.41% – 2.73%)
$35.41
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $35.41 ÷ (1 + 10.41%)10
$13.15
NasdaqCM:BNSO Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $14.63 + $13.15
$27.78
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $27.78 / 4.71
$5.89
NasdaqCM:BNSO Discount to Share Price
Calculation Result
Value per share (USD) From above. $5.89
Current discount Discount to share price of $2.89
= -1 x ($2.89 - $5.89) / $5.89
51%

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

Current Discount
Amount off the current price Bonso Electronics International is available for.
Intrinsic value
>50%
Share price is $2.89 vs Future cash flow value of $5.89
Current Discount Checks
For Bonso Electronics International to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Bonso Electronics International's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Bonso Electronics International's share price is below the future cash flow value, and at a substantial discount (> 40%).
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 Bonso Electronics International's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Bonso Electronics International's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:BNSO PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-03-31) in USD $0.00
NasdaqCM:BNSO Share Price ** NasdaqCM (2019-03-22) in USD $2.89
United States of America Electronic Industry PE Ratio Median Figure of 92 Publicly-Listed Electronic Companies 19.26x
United States of America Market PE Ratio Median Figure of 3,058 Publicly-Listed Companies 17.52x

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

** Primary Listing of Bonso Electronics International.

NasdaqCM:BNSO PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:BNSO Share Price ÷ EPS (both in USD)

= 2.89 ÷ 0.00

3550.37x

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

  • Bonso Electronics International is overvalued based on earnings compared to the US Electronic industry average.
  • Bonso Electronics International is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Bonso Electronics International's expected growth come at a high price?
Raw Data
NasdaqCM:BNSO PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 3550.37x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
21%per year
United States of America Electronic Industry PEG Ratio Median Figure of 60 Publicly-Listed Electronic Companies 1.53x
United States of America Market PEG Ratio Median Figure of 2,103 Publicly-Listed Companies 1.48x

*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 Bonso Electronics International, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Bonso Electronics International's assets?
Raw Data
NasdaqCM:BNSO PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-03-31) in USD $3.56
NasdaqCM:BNSO Share Price * NasdaqCM (2019-03-22) in USD $2.89
United States of America Electronic Industry PB Ratio Median Figure of 151 Publicly-Listed Electronic Companies 2.11x
United States of America Market PB Ratio Median Figure of 5,157 Publicly-Listed Companies 1.88x
NasdaqCM:BNSO PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:BNSO Share Price ÷ Book Value per Share (both in USD)

= 2.89 ÷ 3.56

0.81x

* Primary Listing of Bonso Electronics International.

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

  • Bonso Electronics International is good value based on assets compared to the US Electronic industry average.
X
Value checks
We assess Bonso Electronics International'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 Electronic 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 Electronic industry average (and greater than 0)? (1 check)
  5. Bonso Electronics International has a total score of 3/6, 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.

BNSO Future Performance

 How is Bonso Electronics International expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Bonso Electronics International, 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
21%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Bonso Electronics International expected to grow at an attractive rate?
  • Bonso Electronics International's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Bonso Electronics International's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare Bonso Electronics International's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:BNSO Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:BNSO Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 21%
United States of America Electronic Industry Earnings Growth Rate Market Cap Weighted Average 17%
United States of America Electronic Industry Revenue Growth Rate Market Cap Weighted Average 5.6%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.3%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*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
NasdaqCM:BNSO Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:BNSO Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2018-03-31 12 3 0
2017-12-31 13 1
2017-09-30 14 2
2017-06-30 16 3
2017-03-31 19 3 3
2016-12-31 22 3
2016-09-30 21 4
2016-06-30 23 3
2016-03-31 25 4 3
2015-12-31 26 3
2015-09-30 27 2
2015-06-30 28 2

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Bonso Electronics International's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Bonso Electronics International 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
NasdaqCM:BNSO Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (11 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Bonso Electronics International Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:BNSO Past Financials Data
Date (Data in USD Millions) EPS *
2018-03-31 0.00
2017-12-31 0.24
2017-09-30 0.47
2017-06-30 0.51
2017-03-31 0.54
2016-12-31 0.49
2016-09-30 0.74
2016-06-30 0.65
2016-03-31 0.55
2015-12-31 0.57
2015-09-30 0.43
2015-06-30 0.32

*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 Bonso Electronics International will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Bonso Electronics International'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.
Bonso Electronics International 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.

BNSO Past Performance

  How has Bonso Electronics International performed over the past 5 years?

  • Bonso Electronics International's last earnings update was 219 days ago.
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 Bonso Electronics International's growth in the last year to its industry (Electronic).
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.
  • Bonso Electronics International has delivered over 20% year on year earnings growth in the past 5 years.
  • Bonso Electronics International's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Bonso Electronics International's 1-year earnings growth is negative, it can't be compared to the US Electronic industry average.
Earnings and Revenue History
Bonso Electronics International'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 Bonso Electronics International Company Filings, last reported 11 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:BNSO Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-03-31 11.52 0.00 4.67
2017-12-31 13.26 1.19 4.38 -0.02
2017-09-30 13.53 2.39 4.56 0.13
2017-06-30 15.50 2.59 5.02 0.14
2017-03-31 18.95 2.80 5.00
2016-12-31 21.57 2.50 6.04 -0.15
2016-09-30 21.22 3.82 6.16 0.11
2016-06-30 22.56 3.34 6.52 0.15
2016-03-31 25.37 2.87 6.15
2015-12-31 25.55 2.95 6.24 0.21
2015-09-30 27.20 2.24 7.19 0.22
2015-06-30 28.07 1.67 7.21 0.23
2015-03-31 28.94 1.11 7.23 0.23
2014-12-31 29.73 0.54 6.79 0.30
2014-09-30 30.51 -0.04 6.35 0.36
2014-06-30 30.91 -0.13 6.34 0.36
2014-03-31 31.31 -0.22 6.34 0.37
2013-12-31 30.39 -0.73 5.93 0.34
2013-09-30 29.48 -1.24 5.52 0.32
2013-06-30 29.94 -1.00 5.41 0.36
2013-03-31 30.39 -0.75 5.30 0.40
2012-12-31 29.68 -0.67 5.48 0.38
2012-09-30 28.98 -0.59 5.67 0.36
2012-06-30 27.83 -0.75 5.48 0.34
2012-03-31 26.68 -0.90 5.29 0.31

*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.
  • Bonso Electronics International has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • It is difficult to establish if Bonso Electronics International has efficiently used its assets last year compared to the US Electronic industry average (Return on Assets) as it is loss-making.
  • Bonso Electronics International's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Bonso Electronics International'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 Electronic 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.
Bonso Electronics International has a total score of 1/6, 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.

BNSO Health

 How is Bonso Electronics International'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 Bonso Electronics International's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Bonso Electronics International is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Bonso Electronics International's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Bonso Electronics International'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.
  • Debt is covered by short term assets, assets are 4.1x debt.
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 Bonso Electronics International Company Filings, last reported 11 months ago.

NasdaqCM:BNSO Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-03-31 17.09 2.75 8.83
2017-12-31 17.09 2.75 8.83
2017-09-30 16.49 0.37 7.04
2017-06-30 16.49 0.37 7.04
2017-03-31 15.60 0.58 3.91
2016-12-31 15.60 0.58 3.91
2016-09-30 14.97 1.35 3.32
2016-06-30 14.97 1.35 3.32
2016-03-31 14.58 2.23 3.69
2015-12-31 14.58 2.23 3.69
2015-09-30 12.99 2.72 1.60
2015-06-30 12.99 2.72 1.60
2015-03-31 11.86 5.75 3.42
2014-12-31 11.86 5.75 3.42
2014-09-30 9.55 7.33 1.35
2014-06-30 9.55 7.33 1.35
2014-03-31 10.62 5.57 1.17
2013-12-31 10.62 5.57 1.17
2013-09-30 9.88 3.19 1.86
2013-06-30 9.88 3.19 1.86
2013-03-31 10.59 3.81 2.15
2012-12-31 10.59 3.81 2.15
2012-09-30 11.30 2.88 2.00
2012-06-30 11.30 2.88 2.00
2012-03-31 11.28 1.87 3.01
  • Bonso Electronics International's level of debt (16.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (36% vs 16.1% today).
  • Debt is well covered by operating cash flow (101.2%, greater than 20% of total debt).
  • Bonso Electronics International earns more interest than it pays, coverage of interest payments is not a concern.
X
Financial health checks
We assess Bonso Electronics International'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. Bonso Electronics International 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.

BNSO Dividends

 What is Bonso Electronics International'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 Bonso Electronics International dividends.
If you bought $2,000 of Bonso Electronics International shares you are expected to receive $0 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 Bonso Electronics International's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Bonso Electronics International'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
NasdaqCM:BNSO 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 Electronic Industry Average Dividend Yield Market Cap Weighted Average of 38 Stocks 1.6%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2006 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

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

NasdaqCM:BNSO Past Annualized Dividends Data
Date (Data in $) Dividend per share (annual) Avg. Yield (%)
2009-03-23 0.000 0.000

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

  • Unable to perform a dividend volatility check as Bonso Electronics International has not reported any payouts.
  • Unable to verify if Bonso Electronics International's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Bonso Electronics International's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Bonso Electronics International 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 Bonso Electronics International'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 Bonso Electronics International afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Bonso Electronics International 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.

BNSO Management

 What is the CEO of Bonso Electronics International'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
Anthony So
COMPENSATION $0
AGE 75
TENURE AS CEO 12.3 years
CEO Bio

Mr. Hung Gun So, also known as Anthony, is the Founder of Bonso Electronics International Inc. and has been its Chief Executive Officer since November 16, 2009 and served as its Treasurer. Mr. So served as President at Bonso Electronics International Inc since November 16, 2006. Mr. So served as the Chief Executive Officer of Bonso Electronics International Inc. since November 16, 2006. Mr. So served as Chief Executive Officer of Bonso Electronics International Inc. from September 14, 1988 to January 2005, Chief Financial Officer from October 19, 2007 to March 2009 and since September 14, 1998 respectively. He served as the President of Bonso Electronics International Inc. from September 14, 1998 to January 2005 and Sercretary from July 1, 1991 to March 2009 and as Treasurer since September 14, 1988. Mr. So has been the Chairman of the Hong Kong GO Association since 1986. He has been the Chairman and a Director of Bonso Electronics International Inc. since September 14, 1988. He served as the Chairman of the Alumni Association of National Taiwan University from 1993 to 1994. He has been a Trustee of the Chinese University of Hong Kong, New Asia College since 1994. Mr. So received his BSE degree in civil engineering from National Taiwan University in 1967 and a masters degree in business administration ('MBA') from the Hong Kong campus of the University of Hull, Hull, England in 1994.

CEO Compensation
  • Insufficient data for Anthony to compare compensation growth.
  • Anthony's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Bonso Electronics International management team in years:

11.2
Average Tenure
60
Average Age
  • The average tenure for the Bonso Electronics International management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Anthony So

TITLE
Chairman & CEO
AGE
75
TENURE
12.3 yrs

Andrew So

TITLE
Deputy Chairman
AGE
32
TENURE
4 yrs

Albert So

TITLE
CFO, Treasurer
AGE
40
TENURE
10 yrs

Kim Chung

TITLE
Director of Engineering
AGE
60

Henry Schlueter

TITLE
Assistant Secretary & Director
AGE
67
TENURE
30.4 yrs
Board of Directors Tenure

Average tenure and age of the Bonso Electronics International board of directors in years:

21
Average Tenure
63.5
Average Age
  • The average tenure for the Bonso Electronics International board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Anthony So

TITLE
Chairman & CEO
AGE
75
TENURE
30.7 yrs

Andrew So

TITLE
Deputy Chairman
AGE
32
TENURE
4 yrs

Albert So

TITLE
CFO, Treasurer
AGE
40
TENURE
6 yrs

Kim Chung

TITLE
Director of Engineering
AGE
60
TENURE
24.5 yrs

Henry Schlueter

TITLE
Assistant Secretary & Director
AGE
67
TENURE
17.4 yrs

Woo-Ping Fok

TITLE
Independent Director
AGE
69
TENURE
24.5 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 Bonso Electronics International'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. Bonso Electronics International 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.

BNSO News

Simply Wall St News

Is Bonso Electronics International Inc. (NASDAQ:BNSO) A Financially Sound Company?

(NASDAQ:BNSO) with its market cap of US$13m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … The following basic checks can help you get a picture of the company's balance sheet strength.

Simply Wall St -

Should You Be Concerned About Bonso Electronics International Inc.'s (NASDAQ:BNSO) Historical Volatility?

Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility). … A stock with a beta greater than one is more sensitive to broader market movements than a stock with a beta of less than one.

Simply Wall St -

Could Bonso Electronics International Inc.'s (NASDAQ:BNSO) Investor Composition Influence The Stock Price?

The big shareholder groups in Bonso Electronics International Inc. … Bonso Electronics International is not a large company by global standards. … Check out our latest analysis for Bonso Electronics International

Simply Wall St -

Is Bonso Electronics International Inc's (NASDAQ:BNSO) Balance Sheet Strong Enough To Weather A Storm?

While small-cap stocks, such as Bonso Electronics International Inc (NASDAQ:BNSO) with its market cap of US$11m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn. … Evaluating financial health as part of your investment thesis is

Simply Wall St -

Bonso Electronics International Inc (NASDAQ:BNSO): What Does Its Beta Value Mean For Your Portfolio?

Modern finance theory considers volatility to be a measure of risk, and there are two main types of price volatility. … Some investors use beta as a measure of how much a certain stock is impacted by market risk (volatility). … While we should keep in mind that Warren Buffett has cautioned that 'Volatility is far from synonymous with risk', beta is still a useful factor to consider.

Simply Wall St -

Shareholders Should Note That Insiders Own Shares In Bonso Electronics International Inc (NASDAQ:BNSO)

I am going to take a deep dive into Bonso Electronics International Inc’s (NASDAQ:BNSO) most recent ownership structure, not a frequent subject of discussion among individual investors. … When it comes to ownership structure of a company, the impact has been observed in both the long-and short-term performance of shares. … Therefore, it is beneficial for us to examine BNSO's ownership structure in more detail.

Simply Wall St -

How Financially Strong Is Bonso Electronics International Inc (NASDAQ:BNSO)?

Investors are always looking for growth in small-cap stocks like Bonso Electronics International Inc (NASDAQ:BNSO), with a market cap of US$16.31m. … However, an important fact which most ignore is: how financially healthy is the business?

Simply Wall St -

How Does Investing In Bonso Electronics International Inc (NASDAQ:BNSO) Impact Your Portfolio?

A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … A stock with a beta greater than one is expected to exhibit higher volatility resulting from market-wide shocks compared to one with a beta below one. … With a market cap of US$15.15M, BNSO falls within the small-cap spectrum of stocks, which are found to experience higher relative risk compared to larger companies.

Simply Wall St -

Who Are The Largest Shareholders In Bonso Electronics International Inc (NASDAQ:BNSO)?

In this article, I'm going to take a look at Bonso Electronics International Inc’s (NASDAQ:BNSO) latest ownership structure, a non-fundamental factor which is important, but remains a less discussed subject among investors. … Public Company Ownership Potential investors in BNSO should also look at another important group of investors: other public companies, with a stake of 5.99%, 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: Institutional ownership in BNSO is not at a level that would concern investors.

Simply Wall St -

What Investors Should Know About Bonso Electronics International Inc's (NASDAQ:BNSO) Financial Strength

With this debt repayment, BNSO currently has US$3.91M remaining in cash and short-term investments for investing into the business. … Moreover, BNSO has generated cash from operations of US$3.15M during the same period of time, resulting in an operating cash to total debt ratio of 539.45%, meaning that BNSO’s operating cash is sufficient to cover its debt. … Next Steps: BNSO has demonstrated its ability to generate sufficient levels of cash flow, while its debt hovers at a safe level.

Simply Wall St -

BNSO Company Info

Description

Bonso Electronics International Inc., together with its subsidiaries, designs, develops, produces, and sells electronic sensor-based and wireless products. The company operates through Scales, Pet Electronic Products, and Rental and Management segments. The Scales segment provides sensor-based products that include bathroom, kitchen, office, jewelry, laboratory, postal, and industrial scales for consumer, commercial, and industrial applications. The Pet Electronic Products segment develops and produces pet-related electronic products in consumer applications, such as bark control devices. The Rental and Management segment offers leasing of factories and machineries to third parties. It serves private label original equipment, original brand, and original design manufacturers primarily in the United States, Germany, the Netherlands, and the People’s Republic of China. The company was formerly known as Golden Virtue Limited and changed its name to Bonso Electronics International, Inc. in September 1988. Bonso Electronics International Inc. was founded in 1988 and is based in Tsimshatsui, Hong Kong.

Details
Name: Bonso Electronics International Inc.
BNSO
Exchange: NasdaqCM
Founded: 1988
$13,618,547
4,712,300
Website: http://www.bonso.com
Address: Bonso Electronics International Inc.
Cheuk Nang Centre,
14th Floor,
Tsimshatsui,
Kowloon, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM BNSO Common Stock Nasdaq Capital Market US USD 27. Jun 1989
Number of employees
Current staff
Staff numbers
266
Bonso Electronics International employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/22 23:33
End of day share price update: 2019/03/22 00:00
Last earnings filing: 2018/08/15
Last earnings reported: 2018/03/31
Last annual earnings reported: 2018/03/31


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.