OTCPK:CRKT

Stock Analysis Report

Cirmaker Technology

Executive Summary

Cirmaker Technology Corporation engages in the manufacture, distribution, and assembling of various electronic parts and components for sale primarily in the Asian markets.


Snowflake Analysis

Mediocre balance sheet with weak fundamentals.

Share Price & News

How has Cirmaker Technology's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

40.2%

CRKT

-0.1%

US Electronic

0.6%

US Market


1 Year Return

91.7%

CRKT

29.0%

US Electronic

24.6%

US Market

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

Return vs Market: CRKT exceeded the US Market which returned 24.7% over the past year.


Shareholder returns

CRKTIndustryMarket
7 Day40.2%-0.1%0.6%
30 Day-2.5%1.9%3.0%
90 Day33.7%9.4%10.6%
1 Year91.7%91.7%30.3%29.0%27.3%24.6%
3 Year618.8%618.8%48.8%44.6%50.5%40.8%
5 Yearn/a88.8%79.2%78.9%59.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Cirmaker Technology undervalued compared to its fair value and its price relative to the market?


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

  • Take a look at our analysis of CRKT’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.
  • 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 Cirmaker Technology regulatory filings here.
  • Explore potentially undervalued companies in the Tech industry.

Future Growth

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

22.9%

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 Cirmaker Technology 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

  • Take a look at our analysis of CRKT’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.
  • 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. If you are looking for more of a qualitative research into the company, you can access Cirmaker Technology's filings and announcements here.
  • Explore growth companies in the Tech industry.

Past Performance

How has Cirmaker Technology performed over the past 5 years?

11.9%

Historical Tech annual earnings growth


In this section we usually display a company’s past earnings and revenues to help investors visualise the trend through time. We also gauge the company’s performance by benchmarking its returns and growth to its industry peers and the wider market. However, Cirmaker Technology has not provided sufficient past data to assess its track record.

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


Next Steps

Financial Health

How is Cirmaker Technology's financial position?


In this section we usually analyse Cirmaker Technology'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. Cirmaker Technology 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 CRKT’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 Cirmaker Technology's financial data was last updated here.
  • Explore more healthy companies in the Tech industry.

Dividend

What is Cirmaker Technology's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%1.4%markettop25%3.7%industryaverage1.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

High Dividend: Unable to evaluate CRKT'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 CRKT's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CRKT'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 CRKT'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 Cirmaker Technology's salary, the management and board of directors tenure and is there insider trading?

15.9yrs

Average management tenure


CEO

Kam Kwan Chu 0

2.8yrs

Tenure

0

Kam Kwan Chu has been Chief Executive Officer, President and Director of Cirmaker Technology Corp. since April 2017. 


Management Age and Tenure

15.9yrs

Average Tenure

59yo

Average Age

Experienced Management: CRKT's management team is seasoned and experienced (15.9 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.


Management Team

  • Charles Skeele (66yo)

    General Manager of U S Operations

    • Tenure: 15.9yrs
    • Compensation: US$37.50k
  • Evelyn Lee

    Chief Executive Officer of The Vine Group - Advisor and Managing Partner of The Vine Group - Advisor

    • Wiliam Chen (68yo)

      Chief Development Officer of China Operations

      • Tenure: 15.9yrs
    • Grace Hong (54yo)

      Chief Financial Officer

      • Compensation: US$46.85k
    • Peter Liao (59yo)

      Vice General Manager

      • Tenure: 20yrs
      • Compensation: US$45.00k
    • Lilly Ku (48yo)

      Vice President of Sales & Marketing and Director

      • Compensation: US$35.49k
    • Ken Gooley

      European Managing Director

      • Kam Kwan Chu

        Chief Executive Officer

        • Tenure: 2.8yrs
      • Danvil Chan

        Chief Operating Officer and Director

        • Tenure: 2.8yrs

      Board Members

      • Bill Liao (61yo)

        Chairman

        • Compensation: US$57.86k
      • Grace Hong (54yo)

        Chief Financial Officer

        • Compensation: US$46.85k
      • Lilly Ku (48yo)

        Vice President of Sales & Marketing and Director

        • Compensation: US$35.49k
      • Kam Kwan Chu

        Chief Executive Officer

        • Tenure: 2.8yrs
      • Danvil Chan

        Chief Operating Officer and Director

        • Tenure: 2.8yrs

      Company Information

      Cirmaker Technology Corporation's company bio, employee growth, exchange listings and data sources


      Key Information

      • Name: Cirmaker Technology Corporation
      • Ticker: CRKT
      • Exchange: OTCPK
      • Founded: 1984
      • Industry: Electronic Equipment and Instruments
      • Sector: Tech
      • Market Cap: US$321.850k
      • Shares outstanding: 27.99m
      • Website: https://www.cirmaker.com.tw

      Location

      • Cirmaker Technology Corporation
      • No. 8, Lane 377, Chung Cheng Road
      • Feng Yeh Li, Yang Mei
      • Taoyuan
      • 326
      • Taiwan

      Listings

      TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
      CRKTOTCPK (Pink Sheets LLC)YesCommon StockUSUSDMar 2003

      Biography

      Cirmaker Technology Corporation engages in the manufacture, distribution, and assembling of various electronic parts and components for sale primarily in the Asian markets. It provides electronic terminals, electronic blocks and accessories, electronic panel control and locking components, power distribution blocks and accessories, electronic timer and relay sockets, optical fiber connectors and adapters, car audio components, DVD players, electronics, cooling fins and systems for laptop and personal computers, and electrical tools, and other devices. The company also manufactures LCD backlight components and produces voice over Internet Protocol telephones. Further, it distributes or resells crimping tools, switches, cable ties, meters, sirens, power cords, and terminal strips, as well as imports and exports computer chips and various electronic products. Cirmaker Technology Corporation sells its products through sales personnel and marketing agents. The company was organized in 1984 and is based in Taoyuan, Taiwan. 


      Company Analysis and Financial Data Status

      All financial data provided by Standard & Poor's Capital IQ.
      DataLast Updated (UTC time)
      Company Analysis2020/01/23 23:58
      End of Day Share Price2020/01/23 00:00
      Earnings2005/09/30
      Annual Earnings2004/12/31


      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.