SIM Technology Group Limited, an investment holding company, operates in the mobile communication and Internet of Things (IOT) industry.
Excellent balance sheet and fair value.
Share Price & News
How has SIM Technology Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SIMT.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SIMT.F underperformed the US Communications industry which returned -21.4% over the past year.
Return vs Market: SIMT.F underperformed the US Market which returned 5.2% over the past year.
Price Volatility Vs. Market
How volatile is SIM Technology Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is SIM Technology Group undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: SIMT.F ($0.03) is trading below our estimate of fair value ($0.58)
Significantly Below Fair Value: SIMT.F is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: SIMT.F is unprofitable, so we can't compare its PE Ratio to the Communications industry average.
PE vs Market: SIMT.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 SIMT.F's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SIMT.F is good value based on its PB Ratio (0.3x) compared to the US Communications industry average (1.8x).
How is SIM Technology Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 SIM Technology Group 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.
- Examine whether SIM Technology Group is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- 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 SIM Technology Group's filings and announcements here.
- Explore growth companies in the Tech industry.
How has SIM Technology Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SIMT.F is currently unprofitable.
Growing Profit Margin: SIMT.F is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: SIMT.F is unprofitable, but has reduced losses over the past 5 years at a rate of 31.6% per year.
Accelerating Growth: Unable to compare SIMT.F's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: SIMT.F is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (-19.9%).
Return on Equity
High ROE: SIMT.F has a negative Return on Equity (-9.29%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is SIM Technology Group's financial position?
Financial Position Analysis
Short Term Liabilities: SIMT.F's short term assets (HK$1.7B) exceed its short term liabilities (HK$656.2M).
Long Term Liabilities: SIMT.F's short term assets (HK$1.7B) exceed its long term liabilities (HK$150.2M).
Debt to Equity History and Analysis
Debt Level: SIMT.F's debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: SIMT.F's debt to equity ratio has reduced from 16.5% to 5.2% over the past 5 years.
Inventory Level: SIMT.F has a high level of physical assets or inventory.
Debt Coverage by Assets: SIMT.F's debt is covered by short term assets (assets are 16.3x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SIMT.F has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: SIMT.F has been profitable on average in the past, therefore cash runway is not a concern.
What is SIM Technology Group's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate SIMT.F's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate SIMT.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 SIMT.F's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if SIMT.F's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: SIMT.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 SIMT.F's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Jun Liu (47yo)
Mr. Jun Liu has been the Chief Executive Officer at SIM Technology Group Ltd. since September 2014. Mr. Liu joined SIM Technology in 2009 after the acquisition by SIM Technology of (Smartwireless Technolog ...
CEO Compensation Analysis
Compensation vs Market: Jun's total compensation ($USD172.06K) is below average for companies of similar size in the US market ($USD535.60K).
Compensation vs Earnings: Jun's compensation has increased whilst the company is unprofitable.
|Chairman of the Board||0yrs||no data||0.14% HK$105.3k|
|CEO & Executive Director||5.4yrs||HK$1.34m||0.041% HK$30.8k|
|President & Executive Director||15.3yrs||no data||19.71% HK$14.7m|
|VP of the Business Operation Headquarter & Executive Director||15.1yrs||HK$868.00k||no data|
|Independent Non-Executive Director||11.4yrs||HK$156.00k||no data|
|Independent Non-Executive Director||2.8yrs||HK$156.00k||no data|
|Independent Non-Executive Director||2.8yrs||HK$156.00k||no data|
Experienced Board: SIMT.F's board of directors are considered experienced (8 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
SIM Technology Group Limited's company bio, employee growth, exchange listings and data sources
- Name: SIM Technology Group Limited
- Ticker: SIMT.F
- Exchange: OTCPK
- Founded: 1986
- Industry: Communications Equipment
- Sector: Tech
- Market Cap: HK$581.263m
- Listing Market Cap: HK$74.582m
- Shares outstanding: 2.42b
- Website: https://www.sim.com
Number of Employees
- SIM Technology Group Limited
- Billion Trade Centre
- Unit 1206
- Kwun Tong
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|2000||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jun 2005|
|SIMT.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jun 2005|
|912000||TSEC (Taiwan Stock Exchange)||TDR EACH REPR 2 SHS||TW||TWD||Apr 2011|
SIM Technology Group Limited, an investment holding company, operates in the mobile communication and Internet of Things (IOT) industry. It operates through six segments: Handsets and IOT Terminals Business, Electronic Manufacturing Services Business, IOT System and Online-to-Offline Business, Intelligent Manufacturing Business, Property Development, and Property Management. The company offers handsets and IOT terminals; and 2G, 3G, and 4G wireless communication modules. It also provides capacitor panels and LCD modules for mobile phones and portable devices; administrative and finance lease services; building design and construction services of smart homes; logistics services; hand-sets original design manufacturing and electronics manufacturing, as well as operation services; and online to online equipment. In addition, the company develops automated test equipment; trades in snacks; and holds land use rights. SIM Technology Group Limited was founded in 1986 and is headquartered in Kwun Tong, Hong Kong.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 00:56|
|End of Day Share Price||2020/02/26 00:00|
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.