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Fujikon Industrial Holdings

DB:FUK
Snowflake Description

Flawless balance sheet with proven track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FUK
DB
HK$473M
Market Cap
  1. Home
  2. DE
  3. Consumer Durables
Company description

Fujikon Industrial Holdings Limited, an investment holding company, designs, manufactures, markets, and trades in electro-acoustic products, accessories, and other electronic products in Hong Kong and Mainland China. The last earnings update was 140 days ago. More info.


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  • Fujikon Industrial Holdings has significant price volatility in the past 3 months.
FUK Share Price and Events
7 Day Returns
-3.4%
DB:FUK
-1.1%
DE Consumer Durables
0.1%
DE Market
1 Year Returns
-16.3%
DB:FUK
2.9%
DE Consumer Durables
8.8%
DE Market
FUK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Fujikon Industrial Holdings (FUK) -3.4% 2.7% -1.1% -16.3% -22.1% -23.1%
DE Consumer Durables -1.1% 3.5% 4.1% 2.9% -5.9% 11.6%
DE Market 0.1% 5.9% 15% 8.8% 14.5% 21%
1 Year Return vs Industry and Market
  • FUK underperformed the Consumer Durables industry which returned 2.9% over the past year.
  • FUK underperformed the Market in Germany which returned 8.8% over the past year.
Price Volatility
FUK
Industry
5yr Volatility vs Market

FUK Value

 Is Fujikon Industrial 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 Fujikon Industrial 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 Fujikon Industrial Holdings.

DB:FUK Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-03-31) in HKD HK$ .090000
Payout Ratio Company Filings (2019-03-31) 13960.1%
Discount Rate (Cost of Equity) See below 7.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

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 DB:FUK
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Consumer Durables Unlevered Beta Simply Wall St/ S&P Global 0.81
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.815 (1 + (1- 25%) (0%))
1.039
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.04
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.039 * 6.65%)
7.14%

Discounted Cash Flow Calculation for DB:FUK using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Fujikon Industrial Holdings is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

DB:FUK Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= HK$0.09 / (7.14% - 0.23%)
HK$0.01
DB:FUK Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in DB:FUK represents 0.1018x of SEHK:927
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.1018x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 0.89 x 0.1018
€0.09
Value per share (EUR) From above. €0.09
Current discount Discount to share price of €0.11
= -1 x (€0.11 - €0.09) / €0.09
-24.4%

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

  • The current share price of Fujikon Industrial Holdings is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Fujikon Industrial Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Fujikon Industrial Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:FUK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in HKD HK$0.10
SEHK:927 Share Price ** SEHK (2019-11-14) in HKD HK$1.11
Germany Consumer Durables Industry PE Ratio Median Figure of 8 Publicly-Listed Consumer Durables Companies 17.05x
Germany Market PE Ratio Median Figure of 402 Publicly-Listed Companies 19.83x

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

** Primary Listing of Fujikon Industrial Holdings.

DB:FUK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:927 Share Price ÷ EPS (both in HKD)

= 1.11 ÷ 0.10

11.58x

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

  • Fujikon Industrial Holdings is good value based on earnings compared to the DE Consumer Durables industry average.
  • Fujikon Industrial Holdings is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Fujikon Industrial Holdings's expected growth come at a high price?
Raw Data
DB:FUK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.58x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
14.9%per year
Germany Consumer Durables Industry PEG Ratio Median Figure of 5 Publicly-Listed Consumer Durables Companies 0.97x
Germany Market PEG Ratio Median Figure of 255 Publicly-Listed Companies 1.36x

*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 Fujikon Industrial Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Fujikon Industrial Holdings's assets?
Raw Data
DB:FUK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in HKD HK$1.58
SEHK:927 Share Price * SEHK (2019-11-14) in HKD HK$1.11
Germany Consumer Durables Industry PB Ratio Median Figure of 12 Publicly-Listed Consumer Durables Companies 1.69x
Germany Market PB Ratio Median Figure of 577 Publicly-Listed Companies 1.83x
DB:FUK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:927 Share Price ÷ Book Value per Share (both in HKD)

= 1.11 ÷ 1.58

0.7x

* Primary Listing of Fujikon Industrial Holdings.

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

  • Fujikon Industrial Holdings is good value based on assets compared to the DE Consumer Durables industry average.
X
Value checks
We assess Fujikon Industrial 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 Consumer Durables 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 Consumer Durables industry average (and greater than 0)? (1 check)
  5. Fujikon Industrial Holdings has a total score of 3/6, 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.

FUK Future Performance

 How is Fujikon Industrial Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Fujikon Industrial 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
14.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Fujikon Industrial Holdings expected to grow at an attractive rate?
  • Fujikon Industrial Holdings's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Fujikon Industrial Holdings's earnings growth is expected to exceed the Germany market average.
  • Unable to compare Fujikon Industrial Holdings's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:FUK Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:FUK Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 14.9%
Germany Consumer Durables Industry Earnings Growth Rate Market Cap Weighted Average 15%
Germany Consumer Durables Industry Revenue Growth Rate Market Cap Weighted Average 4.4%
Germany Market Earnings Growth Rate Market Cap Weighted Average 12.7%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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
DB:FUK 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 HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:FUK Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:FUK Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-03-31 1,412 -50 40
2018-12-31 1,376 -28 42
2018-09-30 1,340 -6 43
2018-06-30 1,283 12 37
2018-03-31 1,226 29 31
2017-12-31 1,232 26 35
2017-09-30 1,238 23 39
2017-06-30 1,196 57 21
2017-03-31 1,155 91 3
2016-12-31 1,167 44 7
2016-09-30 1,179 -3 11
2016-06-30 1,170 26 11

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Fujikon Industrial Holdings's earnings are expected to grow by 14.9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Fujikon Industrial 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
DB:FUK 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 Fujikon Industrial Holdings Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FUK Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:FUK Past Financials Data
Date (Data in HKD Millions) EPS *
2019-03-31 0.10
2018-12-31 0.10
2018-09-30 0.10
2018-06-30 0.09
2018-03-31 0.07
2017-12-31 0.08
2017-09-30 0.09
2017-06-30 0.05
2017-03-31 0.01
2016-12-31 0.02
2016-09-30 0.03
2016-06-30 0.03

*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 Fujikon Industrial Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Fujikon Industrial 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 Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany 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.
Fujikon Industrial Holdings has a total score of 2/6, 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.

FUK Past Performance

  How has Fujikon Industrial 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 Fujikon Industrial Holdings's growth in the last year to its industry (Consumer Durables).
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.
  • Fujikon Industrial Holdings's year on year earnings growth rate has been positive over the past 5 years.
  • Fujikon Industrial Holdings's 1-year earnings growth exceeds its 5-year average (32.7% vs 13.3%)
  • Fujikon Industrial Holdings's earnings growth has exceeded the DE Consumer Durables industry average in the past year (32.7% vs -21.1%).
Earnings and Revenue History
Fujikon Industrial 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 Fujikon Industrial Holdings Company Filings, last reported 7 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FUK Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 1,411.80 40.49 181.73
2018-12-31 1,375.91 41.76 179.47
2018-09-30 1,340.02 43.02 177.21
2018-06-30 1,283.07 36.77 171.34
2018-03-31 1,226.12 30.52 165.46
2017-12-31 1,231.81 34.95 167.86
2017-09-30 1,237.51 39.37 170.25
2017-06-30 1,196.42 21.07 170.16
2017-03-31 1,155.33 2.77 170.07
2016-12-31 1,167.21 6.79 172.57
2016-09-30 1,179.08 10.81 175.08
2016-06-30 1,169.65 11.03 177.07
2016-03-31 1,160.22 11.26 179.07
2015-12-31 1,138.71 7.17 177.21
2015-09-30 1,117.21 3.09 175.34
2015-06-30 1,190.67 7.84 178.47
2015-03-31 1,264.14 12.60 181.61
2014-12-31 1,328.59 13.96 183.80
2014-09-30 1,393.04 15.32 185.99
2014-06-30 1,459.16 38.82 186.60
2014-03-31 1,525.28 62.32 187.20
2013-12-31 1,546.84 76.84 192.69
2013-09-30 1,568.40 91.36 198.17
2013-06-30 1,586.98 102.84 199.70
2013-03-31 1,605.55 114.31 201.23
2012-12-31 1,548.44 115.58 192.00

*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.
  • Fujikon Industrial Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Fujikon Industrial Holdings used its assets less efficiently than the DE Consumer Durables industry average last year based on Return on Assets.
  • Fujikon Industrial Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Fujikon Industrial 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 Consumer Durables 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.
Fujikon Industrial Holdings has a total score of 4/6, 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.

FUK Health

 How is Fujikon Industrial 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 Fujikon Industrial Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Fujikon Industrial Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Fujikon Industrial Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Fujikon Industrial 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.
  • Fujikon Industrial Holdings has no debt, it does not need to be covered by short term assets.
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 Fujikon Industrial Holdings Company Filings, last reported 7 months ago.

DB:FUK Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 734.86 0.00 265.25
2018-12-31 734.86 0.00 265.25
2018-09-30 739.02 0.00 275.77
2018-06-30 739.02 0.00 275.77
2018-03-31 744.94 0.00 410.78
2017-12-31 744.94 0.00 410.78
2017-09-30 722.26 0.00 348.14
2017-06-30 722.26 0.00 348.14
2017-03-31 712.38 0.00 458.88
2016-12-31 712.38 0.00 458.88
2016-09-30 702.26 0.00 390.85
2016-06-30 702.26 0.00 390.85
2016-03-31 753.46 0.00 418.40
2015-12-31 753.46 0.00 418.40
2015-09-30 739.89 0.00 453.35
2015-06-30 739.89 0.00 453.35
2015-03-31 788.87 0.00 413.03
2014-12-31 788.87 0.00 413.03
2014-09-30 818.08 0.00 428.85
2014-06-30 818.08 0.00 428.85
2014-03-31 849.77 0.00 479.10
2013-12-31 849.77 0.00 479.10
2013-09-30 860.35 34.57 488.09
2013-06-30 860.35 34.57 488.09
2013-03-31 845.88 42.14 446.57
2012-12-31 845.88 42.14 446.57
  • Fujikon Industrial Holdings has no debt.
  • Fujikon Industrial Holdings currently has no debt however we can't compare to 5 years ago as we have no data for that period.
  • Fujikon Industrial Holdings has no debt, it does not need to be covered by operating cash flow.
  • Fujikon Industrial Holdings has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Fujikon Industrial 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. Fujikon Industrial Holdings has a total score of 6/6, 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.

FUK Dividends

 What is Fujikon Industrial 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
8.11%
Current annual income from Fujikon Industrial Holdings dividends.
If you bought €2,000 of Fujikon Industrial Holdings shares you are expected to receive €162 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?
  • Fujikon Industrial Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.38%).
  • Fujikon Industrial Holdings's dividend is above the markets top 25% of dividend payers in Germany (3.68%).
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
DB:FUK 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
Germany Consumer Durables Industry Average Dividend Yield Market Cap Weighted Average of 6 Stocks 3.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 334 Stocks 2.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.7%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany 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.

DB:FUK Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
DB:FUK Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2019-06-27 0.090 7.840
2018-11-22 0.090 7.026
2018-06-20 0.090 7.354
2017-11-23 0.090 7.051
2017-06-22 0.060 4.964
2016-07-05 0.070 6.095
2016-06-23 0.070 6.463
2015-11-26 0.070 6.829
2015-07-08 0.090 8.064
2015-06-25 0.090 6.379
2014-07-07 0.150 9.578
2014-06-26 0.150 8.121
2013-12-06 0.180 9.473
2013-11-28 0.180 8.269
2013-07-10 0.190 8.644
2013-06-27 0.190 7.663
2012-12-05 0.120 3.956
2012-06-21 0.180 10.291
2011-11-24 0.080 7.691
2011-06-23 0.090 8.933
2010-11-25 0.120 7.598
2010-06-24 0.120 7.668
2009-07-03 0.150 9.334
2009-06-18 0.150 9.553

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 fallen over the past 10 years.
Current Payout to shareholders
What portion of Fujikon Industrial Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are not well covered by earnings (1.1x coverage).
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 Fujikon Industrial Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.7%) - 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 Fujikon Industrial Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Fujikon Industrial Holdings has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

FUK Management

 What is the CEO of Fujikon Industrial 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
Johnny Yeung
COMPENSATION HK$3,342,000
AGE 74
TENURE AS CEO 8.1 years
CEO Bio

Mr. Yeung Chi Hung, also known as Johnny, M.H., co-founded Fujikon Industrial Holdings Ltd. and has been its Chief Executive Officer since October 1, 2011. Mr. Yeung is responsible for the overall strategic planning and business development of Fujikon Industrial Holdings Ltd. He is instrumental in the formulation and implementation of the business policies of the Group. He has over 40 years of experience in the electronics and acoustics industry. In addition, he was the President of the Professional Validation Council of Hong Kong Industries, a Council Member of the Hong Kong Quality Assurance Agency Governing Council, the Vice Chairman of Hong Kong Electronics Industries Association and the Honorary Chairman & the Vice Chairman of Dongguan Electronics Industries Association. He has been the Chairman and Executive Director at Fujikon Industrial Holdings Ltd. since 2000. Mr. Yeung was elected the Honorary Fellowship 2004 by the Professional Validation Council of Hong Kong Industries and Directors Of The Year Awards 2007.

CEO Compensation
  • Johnny's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Johnny's remuneration is higher than average for companies of similar size in Germany.
Management Team

Johnny Yeung

TITLE
Co-Founder
COMPENSATION
HK$3M
AGE
74
TENURE
8.1 yrs

Simon Yuen

TITLE
Co-Founder & Joint Deputy Chairman
COMPENSATION
HK$3M
AGE
77

Michael Chow

TITLE
Co-Founder & Joint Deputy Chairman
COMPENSATION
HK$3M
AGE
70

Lai Fung Chow

TITLE
CFO, Company Secretary & Executive Director
COMPENSATION
HK$2M
AGE
55

Ben Yeung

TITLE
COO & Executive Director
COMPENSATION
HK$2M
AGE
43

Wyman Yuen

TITLE
Executive Director
COMPENSATION
HK$2M
AGE
44
Board of Directors Tenure

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

14.4
Average Tenure
57
Average Age
  • The average tenure for the Fujikon Industrial Holdings board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Johnny Yeung

TITLE
Co-Founder
COMPENSATION
HK$3M
AGE
74
TENURE
19.8 yrs

Simon Yuen

TITLE
Co-Founder & Joint Deputy Chairman
COMPENSATION
HK$3M
AGE
77
TENURE
19.8 yrs

Michael Chow

TITLE
Co-Founder & Joint Deputy Chairman
COMPENSATION
HK$3M
AGE
70
TENURE
19.8 yrs

Lai Fung Chow

TITLE
CFO, Company Secretary & Executive Director
COMPENSATION
HK$2M
AGE
55
TENURE
12.3 yrs

Ben Yeung

TITLE
COO & Executive Director
COMPENSATION
HK$2M
AGE
43
TENURE
12.3 yrs

Wyman Yuen

TITLE
Executive Director
COMPENSATION
HK$2M
AGE
44
TENURE
13.3 yrs

Allen Che

TITLE
Independent Non-Executive Director
COMPENSATION
HK$250K
AGE
51
TENURE
14.4 yrs

Jason Lee

TITLE
Independent Non-Executive Director
COMPENSATION
HK$250K
AGE
57
TENURE
14.4 yrs

Roy Chung

TITLE
Independent Non-Executive Director
COMPENSATION
HK$250K
AGE
66
TENURE
5.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
27. Nov 18 Buy David Webb Individual 22. Nov 18 22. Nov 18 92,000 €0.15 €13,467
X
Management checks
We assess Fujikon Industrial 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. Fujikon Industrial 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.

FUK News

Simply Wall St News

FUK Company Info

Description

Fujikon Industrial Holdings Limited, an investment holding company, designs, manufactures, markets, and trades in electro-acoustic products, accessories, and other electronic products in Hong Kong and Mainland China. It offers Bluetooth headsets, headphones, and active noise cancelling headphones, as well as speaker drivers. The company is also involved in the manufacture and trade of precision metal parts, and packaging materials; and the property holding activities. In addition, it provides management services. Fujikon Industrial Holdings Limited was founded in 1982 and is headquartered in Shatin, Hong Kong.

Details
Name: Fujikon Industrial Holdings Limited
FUK
Exchange: DB
Founded: 1982
HK$54,822,964
425,839,000
Website: http://www.fujikon.com
Address: Fujikon Industrial Holdings Limited
Grand Central Plaza,
Tower I,
Shatin,
New Territories, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 927 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 11. Apr 2000
DB FUK Ordinary Shares Deutsche Boerse AG DE EUR 11. Apr 2000
Number of employees
Current staff
Staff numbers
4,567
Fujikon Industrial Holdings employees.
Industry
Consumer Electronics
Consumer Durables
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/14 20:48
End of day share price update: 2019/11/14 00:00
Last estimates confirmation: 2017/06/22
Last earnings filing: 2019/06/27
Last earnings reported: 2019/03/31
Last annual earnings reported: 2019/03/31


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.