NasdaqCM:BNSO

Stock Analysis Report

Bonso Electronics International

Executive Summary

Bonso Electronics International Inc. designs, develops, produces, and sells electronic sensor-based and wireless products.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Bonso Electronics International's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: BNSO has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

1.4%

BNSO

2.1%

US Electronic

1.7%

US Market


1 Year Return

-2.3%

BNSO

27.5%

US Electronic

23.2%

US Market

Return vs Industry: BNSO underperformed the US Electronic industry which returned 30.2% over the past year.

Return vs Market: BNSO underperformed the US Market which returned 24.7% over the past year.


Shareholder returns

BNSOIndustryMarket
7 Day1.4%2.1%1.7%
30 Day1.7%3.5%4.2%
90 Day-12.0%11.9%11.9%
1 Year-2.3%-2.3%28.8%27.5%25.8%23.2%
3 Year-4.2%-4.2%54.8%50.4%52.8%42.9%
5 Year69.5%69.5%90.2%80.7%75.2%55.8%

Price Volatility Vs. Market

How volatile is Bonso Electronics International's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Bonso Electronics International undervalued compared to its fair value and its price relative to the market?

0.71x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate BNSO's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate BNSO's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: BNSO is unprofitable, so we can't compare its PE Ratio to the Electronic industry average.

PE vs Market: BNSO is unprofitable, so we can't compare its PE Ratio to the US market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate BNSO's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: BNSO is good value based on its PB Ratio (0.7x) compared to the US Electronic industry average (2.1x).


Next Steps

Future Growth

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

23.0%

Forecasted Tech 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 Bonso Electronics International 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 Bonso Electronics International performed over the past 5 years?

-9.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BNSO is currently unprofitable.

Growing Profit Margin: BNSO is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: BNSO is unprofitable, and losses have increased over the past 5 years at a rate of -9.9% per year.

Accelerating Growth: Unable to compare BNSO's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: BNSO is unprofitable, making it difficult to compare its past year earnings growth to the Electronic industry (53.6%).


Return on Equity

High ROE: BNSO has a negative Return on Equity (-3.06%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Bonso Electronics International's financial position?


Financial Position Analysis

Short Term Liabilities: BNSO's short term assets ($10.4M) exceed its short term liabilities ($4.2M).

Long Term Liabilities: BNSO's short term assets ($10.4M) exceed its long term liabilities ($3.2M).


Debt to Equity History and Analysis

Debt Level: BNSO's debt to equity ratio (19.3%) is considered satisfactory.

Reducing Debt: BNSO's debt to equity ratio has reduced from 51.8% to 19.3% over the past 5 years.

Debt Coverage: BNSO's debt is not well covered by operating cash flow (0.5%).

Interest Coverage: Insufficient data to determine if BNSO's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: BNSO has a high level of physical assets or inventory.

Debt Coverage by Assets: BNSO's debt is covered by short term assets (assets are 3.6x debt).


Next Steps

Dividend

What is Bonso Electronics International's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.6%industryaverage1.4%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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


Stability and Growth of Payments

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

Growing Dividend: Insufficient data to determine if BNSO'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 BNSO's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

What is the CEO of Bonso Electronics International's salary, the management and board of directors tenure and is there insider trading?

21.8yrs

Average board tenure


CEO

Andrew So (33yo)

0yrs

Tenure

0

Mr. Andrew So has been the Director of Bonso Electronics International Inc. since February 25, 2012 and also has been its President and Deputy Chairman since March 20, 2015 and also serves as its Chief Exe ...


Board Age and Tenure

21.8yrs

Average Tenure

64.5yo

Average Age

Experienced Board: BNSO's board of directors are seasoned and experienced ( 21.8 years average tenure).


Insider Trading

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.


Management Team

  • Henry F. Schlueter (68yo)

    Assistant Secretary & Director

    • Tenure: 18.3yrs
  • Kim Wah Chung (61yo)

    Director of Engineering

    • Tenure: 25.3yrs
  • Albert So (41yo)

    CFO, Treasurer

    • Tenure: 6.8yrs
  • Andrew So (33yo)

    Deputy Chairman of the Board


    Board Members

    • Anthony So (76yo)

      Chairman

      • Tenure: 31.3yrs
    • Henry F. Schlueter (68yo)

      Assistant Secretary & Director

      • Tenure: 18.3yrs
    • Kim Wah Chung (61yo)

      Director of Engineering

      • Tenure: 25.3yrs
    • Woo-Ping Fok (70yo)

      Independent Director

      • Tenure: 25.3yrs
    • Albert So (41yo)

      CFO, Treasurer

      • Tenure: 6.8yrs
    • Andrew So (33yo)

      Deputy Chairman of the Board

      Company Information

      Bonso Electronics International Inc.'s company bio, employee growth, exchange listings and data sources


      Key Information

      • Name: Bonso Electronics International Inc.
      • Ticker: BNSO
      • Exchange: NasdaqCM
      • Founded: 1988
      • Industry: Electronic Equipment and Instruments
      • Sector: Tech
      • Market Cap: US$10.651m
      • Shares outstanding: 4.65m
      • Website: https://www.bonso.com

      Number of Employees


      Location

      • Bonso Electronics International Inc.
      • Cheuk Nang Centre
      • 14th Floor
      • Tsimshatsui
      • Kowloon
      • Hong Kong

      Listings

      TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
      BNSONasdaqCM (Nasdaq Capital Market)YesCommon StockUSUSDJun 1989

      Biography

      Bonso Electronics International Inc. designs, develops, produces, and sells electronic sensor-based and wireless products. The company operates in four segments: Scales, Pet Electronic Products, Rental and Management, and Others. The Scales segment provides sensor-based scales 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 for use in consumer applications, such as bark control devices. The Rental and Management segment offers leasing of factories and machineries to third parties. The Others segment sells scrap materials. 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. 


      Company Analysis and Financial Data Status

      All financial data provided by Standard & Poor's Capital IQ.
      DataLast Updated (UTC time)
      Company Analysis2020/01/17 01:28
      End of Day Share Price2020/01/16 00:00
      Earnings2019/03/31
      Annual Earnings2019/03/31


      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.