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Ionix Technology

OTCPK:IINX
Snowflake Description

Adequate balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
IINX
OTCPK
$215M
Market Cap
  1. Home
  2. US
  3. Tech
Company description

Ionix Technology, Inc., through its subsidiaries, designs, develops, manufactures, and sells portable power banks and LCD screens in the United States, Hong Kong, and the People’s Republic of China. The last earnings update was 9 days ago. More info.


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  • Ionix Technology has significant price volatility in the past 3 months.
IINX Share Price and Events
7 Day Returns
10.9%
OTCPK:IINX
-1.9%
US Tech
0.2%
US Market
1 Year Returns
-27.3%
OTCPK:IINX
-2.5%
US Tech
2.9%
US Market
IINX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Ionix Technology (IINX) 10.9% -0.5% -0.5% -27.3% -62.2% -
US Tech -1.9% -8.8% 8.2% -2.5% 77.1% 86.5%
US Market 0.2% -1.6% 2.4% 2.9% 36.1% 41%
1 Year Return vs Industry and Market
  • IINX underperformed the Tech industry which returned -2.5% over the past year.
  • IINX underperformed the Market in United States of America which returned 2.9% over the past year.
Price Volatility
IINX
Industry
5yr Volatility vs Market
Related Companies

Value

 Is Ionix Technology 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 Ionix Technology. This is due to cash flow or dividend data being unavailable. The share price is $1.89.
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 Ionix Technology's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Ionix Technology's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:IINX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.00
OTCPK:IINX Share Price ** OTCPK (2019-05-23) in USD $1.89
United States of America Tech Industry PE Ratio Median Figure of 13 Publicly-Listed Tech Companies 17.72x
United States of America Market PE Ratio Median Figure of 3,085 Publicly-Listed Companies 17.79x

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

** Primary Listing of Ionix Technology.

OTCPK:IINX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:IINX Share Price ÷ EPS (both in USD)

= 1.89 ÷ 0.00

399.49x

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

  • Ionix Technology is overvalued based on earnings compared to the US Tech industry average.
  • Ionix Technology is overvalued based on earnings compared to the United States of America market.
Price based on expected Growth
Does Ionix Technology's expected growth come at a high price?
Raw Data
OTCPK:IINX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 399.49x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
8.2%per year
United States of America Tech Industry PEG Ratio Median Figure of 8 Publicly-Listed Tech Companies 1.24x
United States of America Market PEG Ratio Median Figure of 2,123 Publicly-Listed Companies 1.54x

*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 Ionix Technology, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Ionix Technology's assets?
Raw Data
OTCPK:IINX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $0.09
OTCPK:IINX Share Price * OTCPK (2019-05-23) in USD $1.89
United States of America Tech Industry PB Ratio Median Figure of 34 Publicly-Listed Tech Companies 1.7x
United States of America Market PB Ratio Median Figure of 5,201 Publicly-Listed Companies 1.84x
OTCPK:IINX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:IINX Share Price ÷ Book Value per Share (both in USD)

= 1.89 ÷ 0.09

21.33x

* Primary Listing of Ionix Technology.

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

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

Future Performance

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

  • No analysts cover Ionix Technology, 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
8.2%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Ionix Technology expected to grow at an attractive rate?
  • Ionix Technology's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Ionix Technology's earnings growth is positive but not above the United States of America market average.
  • Unable to compare Ionix Technology's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:IINX Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:IINX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 8.2%
United States of America Tech Industry Earnings Growth Rate Market Cap Weighted Average 5.7%
United States of America Tech Industry Revenue Growth Rate Market Cap Weighted Average 4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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:IINX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month 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.
OTCPK:IINX Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 12 -1 0
2018-12-31 10 0 1
2018-09-30 9 0 1
2018-06-30 6 0 0
2018-03-31 5 1 0
2017-12-31 6 1 0
2017-09-30 7 -1 0
2017-06-30 7 0 0
2017-03-31 4 -2 0
2016-12-31 2 -2 0
2016-09-30 0 0 0
2016-06-30 -1 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Ionix Technology's earnings are expected to grow by 8.2% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Ionix Technology 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:IINX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Ionix Technology Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:IINX Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.00
2018-12-31 0.01
2018-09-30 0.01
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.00
2017-09-30 0.00
2017-06-30 0.00
2017-03-31 0.00
2016-12-31 0.00
2016-09-30 0.00
2016-06-30 0.00

*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 Ionix Technology will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Ionix Technology'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.
Ionix Technology has a total score of 1/6, 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.

Past Performance

  How has Ionix Technology 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 Ionix Technology's growth in the last year to its industry (Tech).
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.
  • Ionix Technology has delivered over 20% year on year earnings growth in the past 5 years.
  • Ionix Technology's 1-year earnings growth exceeds its 5-year average (309.2% vs 73.6%)
  • Ionix Technology's earnings growth has exceeded the US Tech industry average in the past year (309.2% vs 76.6%).
Earnings and Revenue History
Ionix Technology'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 Ionix Technology Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:IINX Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 11.65 0.49 0.93
2018-12-31 10.11 0.51 0.43
2018-09-30 8.61 0.51 0.26
2018-06-30 6.42 0.33 0.27
2018-03-31 4.87 0.12 0.24
2017-12-31 5.82 0.10 0.25
2017-09-30 7.16 0.09 0.34
2017-06-30 6.82 0.06 0.31
2017-03-31 4.13 -0.05 0.30
2016-12-31 2.12 -0.10 0.25
2016-09-30 0.04 -0.09 0.10
2016-06-30 -0.05 0.05
2016-03-31 0.04 -0.02
2015-12-31 0.04 -0.03
2015-09-30 0.02 -0.01
2015-06-30 0.00
2015-03-31 -0.01 -0.09 0.04
2014-12-31 0.00 -0.08 0.05
2014-09-30 0.01 -0.08 0.06
2014-06-30 0.02 -0.06 0.05
2014-03-31 0.04 -0.06 0.07
2013-12-31 0.05 -0.05 0.06
2013-09-30 0.05 -0.03 0.05
2013-06-30 0.06 -0.02 0.05
2013-03-31 0.06 0.02 0.03
2012-12-31 0.05 0.02 0.02
2012-09-30 0.04 0.02 0.01
2012-06-30 0.02 0.01 0.01

*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.
  • Ionix Technology has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Ionix Technology used its assets less efficiently than the US Tech industry average last year based on Return on Assets.
  • Ionix Technology's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Ionix Technology'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 Tech 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.
Ionix Technology has a total score of 3/6, 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.

Health

 How is Ionix Technology'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 Ionix Technology's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Ionix Technology's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Ionix Technology has no long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Ionix Technology'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 3x 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 Ionix Technology Company Filings, last reported 1 month ago.

OTCPK:IINX Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 10.14 2.68 0.49
2018-12-31 5.65 2.63 0.82
2018-09-30 0.57 0.00 0.30
2018-06-30 0.40 0.00 0.11
2018-03-31 0.13 0.00 0.37
2017-12-31 0.07 0.00 0.07
2017-09-30 0.06 0.00 0.08
2017-06-30 0.06 0.00 0.19
2017-03-31 0.02 0.00 0.10
2016-12-31 0.00 0.00 0.12
2016-09-30 0.02 0.00 0.21
2016-06-30 0.01 0.00 0.06
2016-03-31 0.05 0.00 0.11
2015-12-31 0.00 0.00 0.00
2015-09-30 -0.13 0.14 0.00
2015-06-30 -0.18 0.00 0.00
2015-03-31 -0.12 0.13 0.00
2014-12-31 -0.10 0.12 0.00
2014-09-30 -0.08 0.11 0.00
2014-06-30 -0.06 0.11 0.00
2014-03-31 -0.03 0.03 0.00
2013-12-31 -0.02 0.03 0.00
2013-09-30 0.00 0.03 0.00
2013-06-30 0.00 0.03 0.00
2013-03-31 0.03 0.03 0.02
2012-12-31 0.03 0.03 0.02
2012-09-30 0.03 0.03 0.01
2012-06-30 0.02 0.03 0.00
  • Ionix Technology's level of debt (26.5%) compared to net worth is satisfactory (less than 40%).
  • Ionix Technology had negative shareholder equity 5 years ago, it is now positive therefore their debt level has improved.
  • Operating cash flow is negative therefore debt is not well covered.
  • Interest payments on debt are well covered by earnings (EBIT is 20.9x coverage).
X
Financial health checks
We assess Ionix Technology'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. Ionix Technology has a total score of 4/6, 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.

Dividends

 What is Ionix Technology'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 Ionix Technology dividends.
If you bought $2,000 of Ionix Technology 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 Ionix Technology's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Ionix Technology'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
OTCPK:IINX 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 Tech Industry Average Dividend Yield Market Cap Weighted Average of 8 Stocks 1.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2005 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 1.4%
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.

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

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

Management

 What is the CEO of Ionix Technology'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
Yubao Liu
COMPENSATION $0
AGE 44
TENURE AS CEO 1 years
CEO Bio

Mr. Yubao Liu has been Chief Executive Officer, Secretary, President and Treasurer at Ionix Technology, Inc., since May 16, 2018. Mr. Liu served as Chairman of the Board of Ionix Technology, Inc., since May 16, 2018. He is currently the sole officer and director of Shining Glory Investments Limited. Mr. Liu graduated and acquired a Bachelor degree from Harbin University of Science and Technology in 1996, where he majored in Economic Management, and was honorably entitled as a National Economist in 2002. From 2004 to June of 2012, Mr. Liu was employed by Dalian Carbon Fiber Technology Limited (China), where he served in the position of vice managing director. During this period, Mr. Liu was awarded as an International Enterprise (IEM) Senior Management Specialist. From July of 2012 to April of 2018, Mr. Liu was employed by Dalian Yinlong Accounting & Law Firm, where he was assigned to take charge of operational control, internal auditing, and recapitalization among other things.

CEO Compensation
  • Insufficient data for Yubao to compare compensation growth.
  • Yubao'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 Ionix Technology management team in years:

2
Average Tenure
42
Average Age
  • The average tenure for the Ionix Technology management team is less than 2 years, this suggests a new team.
Management Team

Yubao Liu

TITLE
CEO, President
AGE
44
TENURE
1 yrs

Yue Kou

TITLE
Chief Financial Officer
COMPENSATION
$19K
AGE
45
TENURE
3 yrs

Qingchun Yang

TITLE
President & Director of Well Best International Investment Ltd
AGE
55
TENURE
3.3 yrs

Jialin Liang

TITLE
Director
AGE
50
TENURE
1.3 yrs

Xin Sui

TITLE
President & Director of Welly Surplus International Limited
AGE
38
TENURE
2.4 yrs

Yun Yang

TITLE
President & Director of Lisite Science Technology (Shenzhen) Co. Ltd.
AGE
36
TENURE
2.5 yrs

Baozhu Deng

TITLE
President & Director of Shenzhen Baileqi Electronic Technology Co. Ltd.
AGE
32
TENURE
1.5 yrs

Liang Zhang

TITLE
President & Director of Dalian Shizhe New Energy Technology Co. Ltd.
AGE
40
TENURE
0.9 yrs
Board of Directors Tenure

Average tenure and age of the Ionix Technology board of directors in years:

1
Average Tenure
43.5
Average Age
  • The average tenure for the Ionix Technology board of directors is less than 3 years, this suggests a new board.
Board of Directors

Cheng Li

TITLE
Chairman of the Board
AGE
63
TENURE
0.1 yrs

Yubao Liu

TITLE
CEO, President
AGE
44
TENURE
1 yrs

Qingchun Yang

TITLE
President & Director of Well Best International Investment Ltd
AGE
55
TENURE
3.3 yrs

Jialin Liang

TITLE
Director
AGE
50
TENURE
0.3 yrs

Xin Sui

TITLE
President & Director of Welly Surplus International Limited
AGE
38
TENURE
2.4 yrs

Yun Yang

TITLE
President & Director of Lisite Science Technology (Shenzhen) Co. Ltd.
AGE
36
TENURE
2.5 yrs

Baozhu Deng

TITLE
President & Director of Shenzhen Baileqi Electronic Technology Co. Ltd.
AGE
32
TENURE
1.5 yrs

Liang Zhang

TITLE
President & Director of Dalian Shizhe New Energy Technology Co. Ltd.
AGE
40
TENURE
0.9 yrs

Chunde Song

TITLE
Director
AGE
44
TENURE
1 yrs

Xuemei Jiang

TITLE
Director
AGE
43
TENURE
0.3 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 ($) Value ($)
21. Sep 18 Sell Yubao Liu Individual 28. Jun 18 28. Jun 18 -100,000 $0.15 $-15,000
02. Aug 18 Sell Yubao Liu Individual 25. Jun 18 25. Jun 18 -100,000 $0.14 $-14,000
X
Management checks
We assess Ionix Technology'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. Ionix Technology 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.

News

Simply Wall St News

Company Info

Description

Ionix Technology, Inc., through its subsidiaries, designs, develops, manufactures, and sells portable power banks and LCD screens in the United States, Hong Kong, and the People’s Republic of China. The company provides electronic equipment, such as power banks for use in iphone, ipad, mp3/mp4 players, PSP gaming systems, and cameras; and LCD screens for use in video capable baby monitors, tablets and cell phones, and televisions or computer monitors. It also designs, develops, manufactures, and sells lithium-ion batteries for electric vehicles. Ionix Technology, Inc. distributes its products to distributors and retailers. The company was formerly known as Cambridge Projects Inc. and changed its name to Ionix Technology, Inc. in February 2016. The company was founded in 2011 and is headquartered in Reno, Nevada. Ionix Technology, Inc. is a subsidiary of Shining Glory Investments Limited.

Details
Name: Ionix Technology, Inc.
IINX
Exchange: OTCPK
Founded: 2011
$215,465,670
114,003,000
Website: http://en.iinx-tech.com
Address: Ionix Technology, Inc.
245 East Liberty Street,
Suite 200,
Reno,
Nevada, 89501,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK IINX Common Stock Pink Sheets LLC US USD 08. May 2015
Number of employees
Current staff
Staff numbers
50
Ionix Technology employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/24 00:27
End of day share price update: 2019/05/23 00:00
Last earnings filing: 2019/05/15
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/06/30


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.