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Jolimark Holdings

OTCPK:JLMK.F
Snowflake Description

Adequate balance sheet with moderate growth potential.

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

Jolimark Holdings Limited, an investment holding company, manufactures and sells printers and other electronic products in the People’s Republic of China and internationally. The last earnings update was 140 days ago. More info.


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JLMK.F Share Price and Events
7 Day Returns
0%
OTCPK:JLMK.F
1.3%
US Tech
0.4%
US Market
1 Year Returns
-42.5%
OTCPK:JLMK.F
-9.3%
US Tech
-7%
US Market
JLMK.F Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Jolimark Holdings (JLMK.F) 0% 0% - -42.5% - -
US Tech 1.3% -0.7% -28.7% -9.3% 54.8% 82.9%
US Market 0.4% 6.3% -3.6% -7% 38.9% 42.5%
1 Year Return vs Industry and Market
  • JLMK.F underperformed the Tech industry which returned -9.3% over the past year.
  • JLMK.F underperformed the Market in United States of America which returned -7% over the past year.
Price Volatility
JLMK.F
Industry
5yr Volatility vs Market
Related Companies

Sorry, no analysis for Jolimark Holdings's competitors could be found in our database.

Value

 Is Jolimark Holdings 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 Jolimark Holdings 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 Jolimark Holdings.

OTCPK:JLMK.F 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 14.2%
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 OTCPK:JLMK.F
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 7.3%
Tech Unlevered Beta Simply Wall St/ S&P Global 1.08
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.082 (1 + (1- 25%) (60.56%))
1.573
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.57
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (1.573 * 7.27%)
14.16%

Discounted Cash Flow Calculation for OTCPK:JLMK.F using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Jolimark Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We use analyst's estimates of cash flows going forward 5 years for the 1st stage, the 2nd stage assumes the company grows at a stable rate into perpetuity.

OTCPK:JLMK.F DCF 1st Stage: Next 5 year cash flow forecast
2019 2020 2021 2022 2023
Levered FCF (CNY, Millions) 31.56 29.34 27.27 25.35 23.56
Source Est @ -7.05% Est @ -7.05% Est @ -7.05% Est @ -7.05% Est @ -7.05%
Present Value
Discounted (@ 14.16%)
27.64 22.51 18.33 14.92 12.15
Present value of next 5 years cash flows CN¥95.55
OTCPK:JLMK.F DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2023 × (1 + g) ÷ (Discount Rate – g)
= CN¥23.56 × (1 + 2.73%) ÷ (14.16% – 2.73%)
CN¥211.67
Present Value of Terminal Value = Terminal Value ÷ (1 + r)5
= CN¥211.67 ÷ (1 + 14.16%)5
CN¥109.15
OTCPK:JLMK.F Total Equity Value
Calculation Result
Total Equity Value = Present value of next 5 years cash flows + Terminal Value
= CN¥95.55 + CN¥109.15
CN¥204.69
Equity Value per Share
(CNY)
= Total value / Shares Outstanding
= CN¥204.69 / 612.88
CN¥0.33
OTCPK:JLMK.F Discount to Share Price
Calculation Result
Exchange Rate CNY/HKD
(Reporting currency to currency of SEHK:2028)
1.171
Value per Share
(HKD)
= Value per Share in CNY x Exchange Rate (CNY/HKD)
= CN¥0.33 x 1.171
HK$0.39
Non-primary Listing Adjustment Factor 1 share in OTCPK:JLMK.F represents 0.19714x of SEHK:2028
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.19714x
Value per Share
(Listing Adjusted, USD)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 0.39 x 0.19714
$0.08
Value per share (USD) From above. $0.08
Current discount Discount to share price of $0.07
= -1 x ($0.07 - $0.08) / $0.08
10.5%

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

Current Discount
Amount off the current price Jolimark Holdings is available for.
Intrinsic value
11%
Share price is $0.069 vs Future cash flow value of $0.0771
Current Discount Checks
For Jolimark Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Jolimark Holdings's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Jolimark Holdings's share price is below the future cash flow value, but not 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 Jolimark Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Jolimark Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:JLMK.F PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-06-30) in CNY CN¥-0.01
SEHK:2028 Share Price ** SEHK (2018-11-05) in HKD HK$0.35
SEHK:2028 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.854 CN¥0.3
United States of America Tech Industry PE Ratio Median Figure of 14 Publicly-Listed Tech Companies 13.9x
United States of America Market PE Ratio Median Figure of 3,031 Publicly-Listed Companies 16.66x

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

** Primary Listing of Jolimark Holdings.

OTCPK:JLMK.F PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:2028 Share Price ÷ EPS (both in CNY)

= 0.3 ÷ -0.01

-53.45x

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

  • Jolimark Holdings is loss making, we can't compare its value to the US Tech industry average.
  • Jolimark Holdings is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Jolimark Holdings's expected growth come at a high price?
Raw Data
OTCPK:JLMK.F PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -53.45x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
24.6%per year
United States of America Tech Industry PEG Ratio Median Figure of 8 Publicly-Listed Tech Companies -0.09x
United States of America Market PEG Ratio Median Figure of 2,113 Publicly-Listed Companies 1.29x

*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 Jolimark Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Jolimark Holdings's assets?
Raw Data
OTCPK:JLMK.F PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-06-30) in CNY CN¥0.48
SEHK:2028 Share Price * SEHK (2018-11-05) in HKD HK$0.35
SEHK:2028 Share Price converted to CNY reporting currency Exchange rate (HKD/ CNY) 0.854 CN¥0.3
United States of America Tech Industry PB Ratio Median Figure of 38 Publicly-Listed Tech Companies 2.25x
United States of America Market PB Ratio Median Figure of 5,105 Publicly-Listed Companies 1.76x
OTCPK:JLMK.F PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:2028 Share Price ÷ Book Value per Share (both in CNY)

= 0.3 ÷ 0.48

0.63x

* Primary Listing of Jolimark Holdings.

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

  • Jolimark Holdings is good value based on assets compared to the US Tech industry average.
X
Value checks
We assess Jolimark Holdings'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. Jolimark Holdings has a total score of 1/6, 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 Jolimark Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Jolimark Holdings, 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
24.6%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Jolimark Holdings expected to grow at an attractive rate?
  • Jolimark Holdings's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
  • Jolimark Holdings's earnings growth is expected to exceed the United States of America market average.
  • Unable to compare Jolimark Holdings's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:JLMK.F Future Growth Rates Data Sources
Data Point Source Value (per year)
OTCPK:JLMK.F Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 24.6%
United States of America Tech Industry Earnings Growth Rate Market Cap Weighted Average 6.5%
United States of America Tech Industry Revenue Growth Rate Market Cap Weighted Average 1.4%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.3%
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
OTCPK:JLMK.F Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CNY Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:JLMK.F Past Financials Data
Date (Data in CNY Millions) Revenue Cash Flow Net Income *
2018-06-30 361 35 -4
2018-03-31 367 22 5
2017-12-31 373 9 14
2017-09-30 415 -3 28
2017-06-30 457 -15 42
2017-03-31 492 23 51
2016-12-31 527 61 61
2016-09-30 524 77 66
2016-06-30 521 93 70
2016-03-31 509 106 80
2015-12-31 497 119 89
2015-09-30 497 126 93

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Jolimark Holdings's earnings are expected to grow significantly at over 20% yearly.
  • Unable to determine if Jolimark Holdings 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:JLMK.F Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (7 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Jolimark Holdings Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:JLMK.F Past Financials Data
Date (Data in CNY Millions) EPS *
2018-06-30 -0.01
2018-03-31 0.01
2017-12-31 0.02
2017-09-30 0.04
2017-06-30 0.06
2017-03-31 0.08
2016-12-31 0.10
2016-09-30 0.11
2016-06-30 0.11
2016-03-31 0.13
2015-12-31 0.15
2015-09-30 0.16

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

Past Performance

  How has Jolimark Holdings 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 Jolimark Holdings'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.
  • Jolimark Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Jolimark Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Jolimark Holdings's 1-year growth to the US Tech industry average as it is not currently profitable.
Earnings and Revenue History
Jolimark Holdings'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 Jolimark Holdings Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:JLMK.F Past Revenue, Cash Flow and Net Income Data
Date (Data in CNY Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-06-30 361.08 -3.63 86.24 32.83
2018-03-31 367.14 5.11 85.52 30.47
2017-12-31 373.19 13.85 84.81 28.11
2017-09-30 415.09 27.74 87.12 28.93
2017-06-30 456.98 41.63 89.44 29.75
2017-03-31 491.81 51.40 90.66 28.29
2016-12-31 526.64 61.18 91.89 26.83
2016-09-30 523.69 65.79 88.83 27.04
2016-06-30 520.74 70.40 85.77 27.25
2016-03-31 508.86 79.66 85.79 26.34
2015-12-31 496.98 88.92 85.82 25.43
2015-09-30 497.50 92.58 83.19 25.59
2015-06-30 498.02 96.24 80.56 25.75
2015-03-31 523.39 89.42 78.04 24.88
2014-12-31 548.76 82.61 75.52 24.01
2014-09-30 562.61 79.70 74.44 23.24
2014-06-30 576.45 76.80 73.37 22.48
2014-03-31 578.88 72.25 73.28 21.70
2013-12-31 581.31 67.71 73.19 20.93
2013-09-30 536.59 57.28 65.76 22.53
2013-06-30 491.87 46.85 58.32 24.14
2013-03-31 474.37 43.56 61.99 19.77
2012-12-31 456.88 40.26 65.66 15.41
2012-09-30 485.38 41.50 74.24 7.71
2012-06-30 513.89 42.74 82.81
2012-03-31 536.75 48.89 82.40

*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.
  • It is difficult to establish if Jolimark Holdings has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Jolimark Holdings has efficiently used its assets last year compared to the US Tech industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Jolimark Holdings improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Jolimark Holdings'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.
Jolimark Holdings has a total score of 0/6, 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 Jolimark Holdings'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 Jolimark Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Jolimark Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Jolimark Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Jolimark Holdings'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 2.5x 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 Jolimark Holdings Company Filings, last reported 7 months ago.

OTCPK:JLMK.F Past Debt and Equity Data
Date (Data in CNY Millions) Total Equity Total Debt Cash & Short Term Investments
2018-06-30 305.83 110.94 135.61
2018-03-31 305.83 110.94 135.61
2017-12-31 343.85 80.15 191.15
2017-09-30 343.85 80.15 191.15
2017-06-30 340.05 134.15 169.08
2017-03-31 340.05 134.15 169.08
2016-12-31 322.03 161.01 198.52
2016-09-30 322.03 161.01 198.52
2016-06-30 450.42 30.22 298.32
2016-03-31 450.42 30.22 298.32
2015-12-31 448.67 29.63 314.17
2015-09-30 448.67 29.63 314.17
2015-06-30 428.94 27.89 274.51
2015-03-31 428.94 27.89 274.51
2014-12-31 388.76 111.50 262.42
2014-09-30 388.76 111.50 262.42
2014-06-30 368.94 84.12 207.69
2014-03-31 368.94 84.12 207.69
2013-12-31 365.80 93.06 238.78
2013-09-30 365.80 93.06 238.78
2013-06-30 345.05 84.42 215.25
2013-03-31 345.05 84.42 215.25
2012-12-31 414.93 28.15 255.95
2012-09-30 414.93 28.15 255.95
2012-06-30 415.65 32.04 235.86
2012-03-31 415.65 32.04 235.86
  • Jolimark Holdings's level of debt (36.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (24.5% vs 36.3% today).
  • Debt is well covered by operating cash flow (31.9%, greater than 20% of total debt).
  • Jolimark Holdings is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess Jolimark Holdings'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. Jolimark Holdings 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 Jolimark Holdings'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
6.36%
Current annual income from Jolimark Holdings dividends.
If you bought $2,000 of Jolimark Holdings shares you are expected to receive $127 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?
  • Jolimark Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in United States of America (1.47%).
  • Jolimark Holdings's dividend is above the markets top 25% of dividend payers in United States of America (3.7%).
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:JLMK.F 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 2%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1988 Stocks 2.6%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.9%
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.

OTCPK:JLMK.F Past Annualized Dividends Data
Date (Data in CN¥) Dividend per share (annual) Avg. Yield (%)
2018-03-22 0.019 3.331
2017-09-08 0.000 0.000
2017-08-24 0.000 0.000
2017-05-19 0.066 5.468
2016-09-08 0.090 6.198
2016-08-24 0.090 5.747
2016-04-13 0.131 9.631
2016-03-24 0.131 10.180
2015-04-15 0.134 9.671
2015-03-30 0.134 8.196
2014-04-03 0.098 6.401
2014-03-21 0.099 8.556
2013-03-21 0.069 8.377
2012-03-27 0.099 19.965
2011-08-29 0.099 15.685
2011-03-28 0.084 12.714
2010-03-31 0.012 2.318
2009-04-24 0.015 3.724
2009-02-02 0.014 7.925

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

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Jolimark Holdings's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
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 Jolimark Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.9%) - 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 Jolimark Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Jolimark Holdings has a total score of 3/6, 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 Jolimark Holdings'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
Kwok Lun Au
COMPENSATION CN¥1,415,000
AGE 46
CEO Bio

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 May 1999, he worked as a trainee engineer for Motorola Semiconductor Hong Kong Limited and Assistant General Manager of Kongyue Technology. He has over 6 years of operational experience in distribution and manufacturing of business equipment in the PRC and has been overseeing the expansion of Jolimark Group. He is experienced in marketing and distribution, product development and supply procurement. He has been an Executive Director of Jolimark Holdings Limited since June 13, 2005. Mr. Au is the standing member of the China Computer Industry Association, the Vice Chairman of the Printer Profession Committee of the China Computer Industry Association and the standing member of the China Computer Users Association and the standing member of the Printing and Image Display Application Sub-Committee of the China Computer Users Association. In 2005, he received the 2005 Young Industrialist Awards of Hong Kong from the Federation of Hong Kong Industries. Mr. Au obtained a bachelor degree of arts in technical English from Huazhong University of Science & Technology in 1994 and a bachelor degree of business administration in information and system management from the Hong Kong University of Science & Technology in 1998.

CEO Compensation
  • Kwok Lun's compensation has increased whilst company is loss making.
  • Kwok Lun's remuneration is about average for companies of similar size in United States of America.
Management Team

Pak Yin Au

TITLE
Founder and Chairman
COMPENSATION
CN¥2M
AGE
72
TENURE
21.1 yrs

Kwok Lun Au

TITLE
Chief Executive Officer and Executive Director
COMPENSATION
CN¥1M
AGE
46

Guo Liang Ou

TITLE
Deputy General Manager of Sales and Executive Director
COMPENSATION
CN¥577K
AGE
42

Ricky Lai

TITLE
Financial Controller and Secretary
AGE
44
TENURE
5.6 yrs

Zi Neng Rao

TITLE
Director of the President’s Office
AGE
57
Board of Directors Tenure

Average tenure and age of the Jolimark Holdings board of directors in years:

13.7
Average Tenure
66.5
Average Age
  • The average tenure for the Jolimark Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Pak Yin Au

TITLE
Founder and Chairman
COMPENSATION
CN¥2M
AGE
72

Kwok Lun Au

TITLE
Chief Executive Officer and Executive Director
COMPENSATION
CN¥1M
AGE
46
TENURE
13.7 yrs

Guo Liang Ou

TITLE
Deputy General Manager of Sales and Executive Director
COMPENSATION
CN¥577K
AGE
42
TENURE
13.7 yrs

Joseph Lai

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥221K
AGE
73
TENURE
13.9 yrs

Kwok Keung Yeung

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥221K
AGE
71
TENURE
7.5 yrs

Yan Meng

TITLE
Independent Non-Executive Director
COMPENSATION
CN¥111K
AGE
62
TENURE
13.9 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Jolimark Holdings insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
04. Jan 19 Buy Pak Yin Au Individual 03. Jan 19 03. Jan 19 1,088,000 $0.06 $62,521
03. Jan 19 Buy Pak Yin Au Individual 02. Jan 19 02. Jan 19 578,000 $0.05 $29,514
07. Sep 18 Sell Kent McCarthy Individual 05. Sep 18 05. Sep 18 -1,200,000 $0.09 $-107,014
09. Aug 18 Sell Kent McCarthy Individual 07. Aug 18 07. Aug 18 -82,000 $0.10 $-7,835
13. Jul 18 Buy Kent McCarthy Individual 11. Jul 18 11. Jul 18 800,000 $0.12 $99,190
06. Apr 18 Sell Kent McCarthy Individual 04. Apr 18 04. Apr 18 -2,670,000 $0.11 $-300,882
29. Mar 18 Sell Kent McCarthy Individual 27. Mar 18 27. Mar 18 -1,220,000 $0.10 $-125,537
X
Management checks
We assess Jolimark Holdings'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. Jolimark Holdings 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

Map
Description

Jolimark Holdings Limited, an investment holding company, manufactures and sells printers and other electronic products in the People’s Republic of China and internationally. The company operates through Printers and Other Electronic Products segments. It 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, it is involved in the distribution of EPSON branded SIDM printers; and research and development of the inkjet print heads and Internet of Things. Further, the company 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.

Details
Name: Jolimark Holdings Limited
JLMK.F
Exchange: OTCPK
Founded: 2004
HK$27,336,896
612,881,500
Website: http://www.jolimark.com
Address: Jolimark Holdings Limited
Kong Yue Industrial Park,
18 Kong Yue Road,
Jiangmen,
Guangdong Province, 529141,
China
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 2028 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 29. Jun 2005
OTCPK JLMK.F Ordinary Shares Pink Sheets LLC US USD 29. Jun 2005
Number of employees
Current staff
Staff numbers
1,246
Jolimark Holdings employees.
Industry
Technology Hardware, Storage and Peripherals
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/02/01 03:10
End of day share price update: 2018/11/05 00:00
Last earnings filing: 2018/09/14
Last earnings reported: 2018/06/30
Last annual earnings reported: 2017/12/31


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.