OTCPK:JLMK.F

Stock Analysis Report

Executive Summary

Jolimark Holdings Limited, an investment holding company, manufactures and sells printers and other electronic products in the People’s Republic of China and internationally.

Risk Analysis

Earnings have declined by -51.09% per year over past 5 years

Debt is not well covered by operating cash flow

Shares are highly illiquid

Does not have a meaningful market cap ($152M)



Snowflake Analysis

Imperfect balance sheet and overvalued.

Share Price & News

How has Jolimark Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

0%

JLMK.F

2.5%

US Tech

2.0%

US Market


1 Year Return

n/a

JLMK.F

95.2%

US Tech

23.6%

US Market

Return vs Industry: Insufficient data to determine how JLMK.F performed against the US Tech industry.

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


Shareholder returns

JLMK.FIndustryMarket
7 Day0%2.5%2.0%
30 Day-8.0%13.1%3.9%
90 Dayn/a32.7%12.0%
1 Yearn/a98.4%95.2%26.2%23.6%
3 Year-90.2%-90.2%157.6%139.0%53.2%43.3%
5 Year-90.8%-90.8%176.7%148.5%75.7%56.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Jolimark Holdings undervalued compared to its fair value and its price relative to the market?

0.49x

Price to Book (PB) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

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

PE vs Market: JLMK.F 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 JLMK.F's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: JLMK.F is good value based on its PB Ratio (0.5x) compared to the US Tech industry average (1.9x).


Next Steps

Future Growth

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

7.0%

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 Jolimark Holdings 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 JLMK.F’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 Jolimark Holdings's filings and announcements here.
  • Explore growth companies in the Tech industry.

Past Performance

How has Jolimark Holdings performed over the past 5 years?

-51.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: JLMK.F is currently unprofitable.

Growing Profit Margin: JLMK.F is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: JLMK.F is unprofitable, and losses have increased over the past 5 years at a rate of -51.1% per year.

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

Earnings vs Industry: JLMK.F is unprofitable, making it difficult to compare its past year earnings growth to the Tech industry (25.2%).


Return on Equity

High ROE: JLMK.F has a negative Return on Equity (-14.47%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Jolimark Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: JLMK.F's short term assets (CN¥290.8M) exceed its short term liabilities (CN¥184.7M).

Long Term Liabilities: JLMK.F's short term assets (CN¥290.8M) exceed its long term liabilities (CN¥269.0K).


Debt to Equity History and Analysis

Debt Level: JLMK.F's debt to equity ratio (42.5%) is considered high.

Reducing Debt: JLMK.F's debt to equity ratio has increased from 22.9% to 42.5% over the past 5 years.

Debt Coverage: JLMK.F's operating cash flow is negative, therefore debt is not well covered.

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


Balance Sheet

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

Debt Coverage by Assets: JLMK.F's debt is covered by short term assets (assets are 2.6x debt).


Next Steps

Dividend

What is Jolimark Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%1.4%markettop25%3.7%industryaverage1.1%forecastin3Yearsn/a

Current dividend yield vs market & industry

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

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

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


Current Payout to Shareholders

Dividend Coverage: JLMK.F is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of JLMK.F'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 Jolimark Holdings's salary, the management and board of directors tenure and is there insider trading?

14.6yrs

Average board tenure


CEO

Kwok Lun Au (47yo)

0yrs

Tenure

CN¥1,310,000

Compensation

Mr. Kwok Lun Au serves as the Chief Executive Officer of Jolimark Holdings Ltd. Mr. Au is primarily in charge of strategy execution and overal management of the Group. Prior to joining Jolimark Group in M ...


CEO Compensation Analysis

Compensation vs Market: Kwok Lun's total compensation ($USD190.14K) is below average for companies of similar size in the US market ($USD519.76K).

Compensation vs Earnings: Kwok Lun's compensation has been consistent with company performance over the past year.


Board Age and Tenure

14.6yrs

Average Tenure

63.5yo

Average Age

Experienced Board: JLMK.F's board of directors are seasoned and experienced ( 14.6 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

  • Pak Yin Au (73yo)

    Founder & Chairman

    • Compensation: CN¥1.71m
  • Guo Liang Ou (43yo)

    Deputy GM of Sales & Executive Director

    • Tenure: 14.6yrs
    • Compensation: CN¥539.00k
  • Kwok Lun Au (47yo)

    CEO & Executive Director

    • Compensation: CN¥1.31m
  • Ricky Lai (45yo)

    Financial Controller & Secretary

    • Tenure: 6.5yrs

Board Members

  • Kwok Keung Yeung (72yo)

    Independent Non-Executive Director

    • Tenure: 8.4yrs
    • Compensation: CN¥203.00k
  • Yan Meng (63yo)

    Independent Non-Executive Director

    • Tenure: 14.8yrs
    • Compensation: CN¥101.00k
  • Alice Kan (64yo)

    Independent Non Executive Director

    • Tenure: 0.7yrs
  • Pak Yin Au (73yo)

    Founder & Chairman

    • Compensation: CN¥1.71m
  • Guo Liang Ou (43yo)

    Deputy GM of Sales & Executive Director

    • Tenure: 14.6yrs
    • Compensation: CN¥539.00k
  • Kwok Lun Au (47yo)

    CEO & Executive Director

    • Compensation: CN¥1.31m

Company Information

Jolimark Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Jolimark Holdings Limited
  • Ticker: JLMK.F
  • Exchange: OTCPK
  • Founded: 2004
  • Industry: Technology Hardware, Storage and Peripherals
  • Sector: Tech
  • Market Cap: HK$145.866m
  • Listing Market Cap: HK$18.779m
  • Shares outstanding: 612.88m
  • Website: https://www.jolimark.com

Number of Employees


Location

  • Jolimark Holdings Limited
  • Kong Yue Industrial Park
  • 18 Kong Yue Road
  • Jiangmen
  • Guangdong Province
  • 529141
  • China

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
2028SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJun 2005
JLMK.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJun 2005

Biography

Jolimark Holdings Limited, an investment holding company, manufactures and sells printers and other electronic products in the People’s Republic of China and internationally. It operates through Printers and Other Electronic Products segments. The company offers rolling and flatbed dot matrix printers, passbook printers, thermal and dot matrix POS solutions, mini printers, tax control ECRs, DLP projectors, and other electronic products under the Jolimark brand name. It also manufactures and markets business equipment, tax control equipment, and other electronic products on EMS/ODM/OEM basis. In addition, the company is involved in the distribution of EPSON branded SIDM printers; and research and development of the inkjet print heads and Internet of Things. Further, it operates as a logistics agent. The company was incorporated in 2004 and is headquartered in Jiangmen, the People’s Republic of China. Jolimark Holdings Limited is a subsidiary of Kytronics Holdings Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/19 00:32
End of Day Share Price2019/12/23 00:00
Earnings2019/06/30
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.