Solomon Systech (International) Limited Logo

Solomon Systech (International) Limited

2878.HK

(2.8)
Stock Price

0,52 HKD

12.35% ROA

15.72% ROE

10.24x PER

Market Cap.

199.014.111,86 HKD

2.49% DER

0% Yield

12.7% NPM

Solomon Systech (International) Limited Stock Analysis

Solomon Systech (International) Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Solomon Systech (International) Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (28.4%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 ROA

This stock has a great ability to make a lot of money from the things it owns, which makes it a really good investment for smart investors.

3 DER

The stock has a minimal amount of debt (3%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

4 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

5 PBV

The stock's PBV ratio (1.01x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Revenue Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

7 Net Profit Growth

Throughout the last three years, this company has experienced consistent net profit growth, reflecting a robust financial performance and making it an attractive investment prospect.

8 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

9 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

10 Dividend

The company's decision to withhold dividends for three years raises questions about its ability to generate consistent returns.

11 Buffet Intrinsic Value

The company's stock appears overvalued (0) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Solomon Systech (International) Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Solomon Systech (International) Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Sell
3 RSI Hold
4 Stoch RSI Hold

Solomon Systech (International) Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Solomon Systech (International) Limited Revenue
Year Revenue Growth
2003 109.339.000
2004 308.238.000 64.53%
2005 394.089.000 21.78%
2006 254.092.000 -55.1%
2007 164.952.000 -54.04%
2008 92.813.000 -77.73%
2009 61.832.000 -50.11%
2010 84.735.000 27.03%
2011 51.600.000 -64.22%
2012 65.123.000 20.77%
2013 55.150.000 -18.08%
2014 60.072.000 8.19%
2015 70.902.000 15.27%
2016 68.408.000 -3.65%
2017 82.464.000 17.05%
2018 98.148.000 15.98%
2019 108.323.000 9.39%
2019 108.323.000 0%
2020 121.261.000 10.67%
2021 168.120.000 27.87%
2022 190.843.000 11.91%
2023 271.268.000 29.65%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Solomon Systech (International) Limited Research and Development Expenses
Year Research and Development Expenses Growth
2003 7.743.000
2004 11.599.000 33.24%
2005 17.523.000 33.81%
2006 17.373.000 -0.86%
2007 19.688.000 11.76%
2008 19.327.000 -1.87%
2009 14.259.000 -35.54%
2010 15.083.000 5.46%
2011 17.227.000 12.45%
2012 14.203.000 -21.29%
2013 13.854.000 -2.52%
2014 16.289.000 14.95%
2015 19.505.000 16.49%
2016 21.089.000 7.51%
2017 34.530.000 38.93%
2018 31.482.000 -9.68%
2019 24.728.000 -27.31%
2019 24.728.000 0%
2020 16.876.000 -46.53%
2021 30.421.000 44.53%
2022 27.071.000 -12.37%
2023 28.840.000 6.13%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Solomon Systech (International) Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2003 9.510.000
2004 11.669.000 18.5%
2005 11.789.000 1.02%
2006 14.322.000 17.69%
2007 11.479.000 -24.77%
2008 12.630.000 9.11%
2009 8.449.000 -49.49%
2010 8.883.000 4.89%
2011 9.115.000 2.55%
2012 8.265.000 -10.28%
2013 8.130.000 -1.66%
2014 8.023.000 -1.33%
2015 9.042.000 11.27%
2016 11.738.000 22.97%
2017 11.835.000 0.82%
2018 13.154.000 10.03%
2019 12.409.000 -6%
2019 12.409.000 0%
2020 11.103.000 -11.76%
2021 11.213.000 0.98%
2022 8.254.000 -35.85%
2023 21.392.000 61.42%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Solomon Systech (International) Limited EBITDA
Year EBITDA Growth
2003 27.723.000
2004 72.004.000 61.5%
2005 92.234.000 21.93%
2006 22.968.000 -301.58%
2007 12.942.000 -77.47%
2008 -18.381.000 170.41%
2009 2.249.000 917.3%
2010 5.000 -44880%
2011 -11.006.000 100.05%
2012 498.000 2310.04%
2013 -2.668.000 118.67%
2014 -5.679.000 53.02%
2015 -7.371.000 22.95%
2016 -11.320.000 34.89%
2017 -15.418.000 26.58%
2018 -14.560.000 -5.89%
2019 -20.555.000 29.17%
2019 -16.577.000 -24%
2020 7.171.000 331.17%
2021 24.249.000 70.43%
2022 27.724.000 12.53%
2023 18.000.000 -54.02%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Solomon Systech (International) Limited Gross Profit
Year Gross Profit Growth
2003 46.045.000
2004 96.587.000 52.33%
2005 119.551.000 19.21%
2006 59.269.000 -101.71%
2007 39.455.000 -50.22%
2008 16.922.000 -133.16%
2009 20.383.000 16.98%
2010 25.575.000 20.3%
2011 15.756.000 -62.32%
2012 25.144.000 37.34%
2013 20.996.000 -19.76%
2014 20.796.000 -0.96%
2015 23.218.000 10.43%
2016 23.530.000 1.33%
2017 29.316.000 19.74%
2018 28.168.000 -4.08%
2019 21.328.000 -32.07%
2019 21.328.000 0%
2020 35.845.000 40.5%
2021 67.252.000 46.7%
2022 65.473.000 -2.72%
2023 73.588.000 11.03%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Solomon Systech (International) Limited Net Profit
Year Net Profit Growth
2003 22.685.000
2004 59.167.000 61.66%
2005 76.254.000 22.41%
2006 22.418.000 -240.15%
2007 10.208.000 -119.61%
2008 -23.408.000 143.61%
2009 684.000 3522.22%
2010 1.040.000 34.23%
2011 -17.591.000 105.91%
2012 -1.370.000 -1184.01%
2013 1.334.000 202.7%
2014 -3.005.000 144.39%
2015 -6.435.000 53.3%
2016 -6.929.000 7.13%
2017 -10.233.000 32.29%
2018 -13.677.000 25.18%
2019 -27.805.000 50.81%
2019 -27.272.000 -1.95%
2020 11.715.000 332.8%
2021 23.782.000 50.74%
2022 27.833.000 14.55%
2023 25.112.000 -10.84%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Solomon Systech (International) Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2003 0
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Solomon Systech (International) Limited Free Cashflow
Year Free Cashflow Growth
2003 21.717.000
2004 31.441.000 30.93%
2005 73.168.000 57.03%
2006 15.946.000 -358.85%
2007 33.739.000 52.74%
2008 -2.125.000 1687.72%
2009 -11.113.000 80.88%
2010 -6.559.000 -69.43%
2011 -6.223.000 -5.4%
2012 2.544.000 344.61%
2013 -2.801.000 190.82%
2014 -6.491.000 56.85%
2015 -12.736.000 49.03%
2016 -13.687.000 6.95%
2017 -13.302.000 -2.89%
2018 -28.737.000 53.71%
2019 -839.750 -3322.09%
2019 -3.359.000 75%
2020 32.993.000 110.18%
2021 -7.517.000 538.91%
2022 15.054.000 149.93%
2023 8.117.000 -85.46%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Solomon Systech (International) Limited Operating Cashflow
Year Operating Cashflow Growth
2003 26.659.000
2004 39.436.000 32.4%
2005 79.373.000 50.32%
2006 24.821.000 -219.78%
2007 34.659.000 28.39%
2008 2.788.000 -1143.15%
2009 -10.085.000 127.65%
2010 -2.416.000 -317.43%
2011 -5.252.000 54%
2012 2.775.000 289.26%
2013 -2.424.000 214.48%
2014 -6.018.000 59.72%
2015 -10.883.000 44.7%
2016 -13.161.000 17.31%
2017 -10.285.000 -27.96%
2018 -26.804.000 61.63%
2019 -759.000 -3431.49%
2019 -3.036.000 75%
2020 34.139.000 108.89%
2021 -5.984.000 670.5%
2022 17.586.000 134.03%
2023 9.082.000 -93.64%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Solomon Systech (International) Limited Capital Expenditure
Year Capital Expenditure Growth
2003 4.942.000
2004 7.995.000 38.19%
2005 6.205.000 -28.85%
2006 8.875.000 30.08%
2007 920.000 -864.67%
2008 4.913.000 81.27%
2009 1.028.000 -377.92%
2010 4.143.000 75.19%
2011 971.000 -326.67%
2012 231.000 -320.35%
2013 377.000 38.73%
2014 473.000 20.3%
2015 1.853.000 74.47%
2016 526.000 -252.28%
2017 3.017.000 82.57%
2018 1.933.000 -56.08%
2019 80.750 -2293.81%
2019 323.000 75%
2020 1.146.000 71.82%
2021 1.533.000 25.24%
2022 2.532.000 39.45%
2023 965.000 -162.38%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Solomon Systech (International) Limited Equity
Year Equity Growth
2003 68.324.000
2004 186.623.000 63.39%
2005 208.686.000 10.57%
2006 179.883.000 -16.01%
2007 172.110.000 -4.52%
2008 143.796.000 -19.69%
2009 135.831.000 -5.86%
2010 134.961.000 -0.64%
2011 117.418.000 -14.94%
2012 115.949.000 -1.27%
2013 117.835.000 1.6%
2014 115.255.000 -2.24%
2015 108.482.000 -6.24%
2016 100.999.000 -7.41%
2017 91.808.000 -10.01%
2018 79.030.000 -16.17%
2019 51.308.999 -54.03%
2020 63.432.000 19.11%
2021 86.706.999 26.84%
2022 109.184.000 20.59%
2023 126.931.000 13.98%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Solomon Systech (International) Limited Assets
Year Assets Growth
2003 68.324.000
2004 186.839.000 63.43%
2005 208.848.000 10.54%
2006 221.081.000 5.53%
2007 202.371.000 -9.25%
2008 162.342.000 -24.66%
2009 150.212.000 -8.08%
2010 154.217.000 2.6%
2011 126.464.000 -21.95%
2012 131.010.000 3.47%
2013 128.960.000 -1.59%
2014 130.134.999 0.9%
2015 123.381.000 -5.47%
2016 115.562.000 -6.77%
2017 116.219.000 0.57%
2018 107.010.000 -8.61%
2019 76.921.000 -39.12%
2020 94.237.000 18.37%
2021 139.913.000 32.65%
2022 158.263.000 11.59%
2023 157.426.000 -0.53%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Solomon Systech (International) Limited Liabilities
Year Liabilities Growth
2003 0
2004 216.000 100%
2005 162.000 -33.33%
2006 41.198.000 99.61%
2007 30.261.000 -36.14%
2008 18.546.000 -63.17%
2009 14.381.000 -28.96%
2010 19.256.000 25.32%
2011 9.046.000 -112.87%
2012 15.061.000 39.94%
2013 11.125.000 -35.38%
2014 14.880.000 25.24%
2015 14.899.000 0.13%
2016 14.563.000 -2.31%
2017 24.411.000 40.34%
2018 27.980.000 12.76%
2019 25.612.000 -9.25%
2020 30.680.000 16.52%
2021 53.206.000 42.34%
2022 49.079.000 -8.41%
2023 30.495.000 -60.94%

Solomon Systech (International) Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.06
Net Income per Share
0.01
Price to Earning Ratio
10.24x
Price To Sales Ratio
1.3x
POCF Ratio
5.27
PFCF Ratio
5.42
Price to Book Ratio
1.57
EV to Sales
0.8
EV Over EBITDA
6.96
EV to Operating CashFlow
3.22
EV to FreeCashFlow
3.32
Earnings Yield
0.1
FreeCashFlow Yield
0.18
Market Cap
0,20 Bil.
Enterprise Value
0,12 Bil.
Graham Number
0.09
Graham NetNet
0.03

Income Statement Metrics

Net Income per Share
0.01
Income Quality
1.94
ROE
0.16
Return On Assets
0.12
Return On Capital Employed
0.13
Net Income per EBT
1
EBT Per Ebit
1.21
Ebit per Revenue
0.11
Effective Tax Rate
0

Margins

Sales, General, & Administrative to Revenue
0.06
Research & Developement to Revenue
0.12
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.3
Operating Profit Margin
0.11
Pretax Profit Margin
0.13
Net Profit Margin
0.13

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
0.02
Free CashFlow per Share
0.01
Capex to Operating CashFlow
0.03
Capex to Revenue
0.01
Capex to Depreciation
0.39
Return on Invested Capital
0.12
Return on Tangible Assets
0.12
Days Sales Outstanding
41.21
Days Payables Outstanding
29.42
Days of Inventory on Hand
95.41
Receivables Turnover
8.86
Payables Turnover
12.41
Inventory Turnover
3.83
Capex per Share
0

Balance Sheet

Cash per Share
0,03
Book Value per Share
0,05
Tangible Book Value per Share
0.05
Shareholders Equity per Share
0.05
Interest Debt per Share
0
Debt to Equity
0.02
Debt to Assets
0.02
Net Debt to EBITDA
-4.41
Current Ratio
4.96
Tangible Asset Value
0,13 Bil.
Net Current Asset Value
0,12 Bil.
Invested Capital
124851000
Working Capital
0,12 Bil.
Intangibles to Total Assets
0
Average Receivables
0,02 Bil.
Average Payables
0,01 Bil.
Average Inventory
31987000
Debt to Market Cap
0.02

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Solomon Systech (International) Limited Dividends
Year Dividends Growth
2004 0
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2021 0 0%
2022 0 0%

Solomon Systech (International) Limited Profile

About Solomon Systech (International) Limited

Solomon Systech (International) Limited, an investment holding company, operates as a fabless semiconductor company. The company primarily designs, develops, and sells display integrated circuits (IC) products and system solutions. It offers passive matrix organic light emitting diode display ICs; active-matrix organic light emitting diode display ICs; organic light emitting diode display and lighting driver ICs; and bistable display driver ICs. The company also provides large display driver IC solutions, including source drivers, gate drivers, and GIP controllers; and mobile display and mobile touch ICs, including In-cell touch display driver IC, TFT display driver IC, STN display driver IC, MIPI bridge IC, and display controller IC, as well as MiniLED/µLED custom driver controllers. Its products enable a range of display and touch applications for smartphones, tablets, TVs/monitors, notebooks, and other smart devices, including wearables, electronic shelf labels, healthcare devices, and smart home devices, as well as industrial appliances, etc. In addition, the company provides market research services. It operates in Hong Kong, Mainland China, Taiwan, Europe, Japan, Korea, Southeast Asia, the United States, and internationally. The company was founded in 1999 and is headquartered in Sha Tin, Hong Kong.

CEO
Mr. Wah Chi Wang
Employee
309
Address
Wireless Centre
Sha Tin,

Solomon Systech (International) Limited Executives & BODs

Solomon Systech (International) Limited Executives & BODs
# Name Age
1 Dr. Kwong Wai Leung JP
Founder & Chairman Emeritus
70
2 Ms. Oi Yee Lo
Human Resources Director
70
3 Mr. Wah Chi Wang
Chief Executive Officer & Executive Director
70
4 Mr. Chon Man Yu C.P.A., FCCA
Finance Director & Company Secretary
70

Solomon Systech (International) Limited Competitors