Loading...

You're on the old version of Simply Wall St. We will no longer be supporting this site, so we recommend you switch to our brand new platform.

Freetech Road Recycling Technology (Holdings)

DB:FR8
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
FR8
DB
HK$165M
Market Cap
  1. Home
  2. DE
  3. Transportation
Company description

Freetech Road Recycling Technology (Holdings) Limited, an investment holding company, manufactures and sells road maintenance equipment, and provides road maintenance services in the People’s Republic of China. The last earnings update was 187 days ago. More info.


Add to Portfolio Compare Print
FR8 Share Price and Events
7 Day Returns
0%
DB:FR8
6.6%
DE Infrastructure
7.3%
DE Market
1 Year Returns
-70.6%
DB:FR8
-42.7%
DE Infrastructure
-17.7%
DE Market
FR8 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Freetech Road Recycling Technology (Holdings) (FR8) 0% 0% 0% -70.6% -87.7% -94.2%
DE Infrastructure 6.6% -32.4% -48.6% -42.7% -41.2% -17.3%
DE Market 7.3% -17.9% -25.8% -17.7% -25.6% -29%
1 Year Return vs Industry and Market
  • FR8 underperformed the Infrastructure industry which returned -42.7% over the past year.
  • FR8 underperformed the Market in Germany which returned -17.7% over the past year.
Price Volatility
FR8
Industry
5yr Volatility vs Market

FR8 Value

 Is Freetech Road Recycling Technology (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
  • It is not possible to calculate the future cash flow value for Freetech Road Recycling Technology (Holdings). This is due to cash flow or dividend data being unavailable. The share price is €0.01.
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 Freetech Road Recycling Technology (Holdings)'s earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Freetech Road Recycling Technology (Holdings)'s earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:FR8 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in HKD HK$-0.17
SEHK:6888 Share Price ** SEHK (2020-03-30) in HKD HK$0.15
Europe Infrastructure Industry PE Ratio Median Figure of 38 Publicly-Listed Infrastructure Companies 11.07x
Germany Market PE Ratio Median Figure of 400 Publicly-Listed Companies 16.36x

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

** Primary Listing of Freetech Road Recycling Technology (Holdings).

DB:FR8 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:6888 Share Price ÷ EPS (both in HKD)

= 0.15 ÷ -0.17

-0.89x

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

  • Freetech Road Recycling Technology (Holdings) is loss making, we can't compare its value to the Europe Infrastructure industry average.
  • Freetech Road Recycling Technology (Holdings) is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does Freetech Road Recycling Technology (Holdings)'s expected growth come at a high price?
Raw Data
DB:FR8 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -0.89x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Europe Infrastructure Industry PEG Ratio Median Figure of 18 Publicly-Listed Infrastructure Companies 1.18x
Germany Market PEG Ratio Median Figure of 254 Publicly-Listed Companies 1.2x

*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 Freetech Road Recycling Technology (Holdings), we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Freetech Road Recycling Technology (Holdings)'s assets?
Raw Data
DB:FR8 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in HKD HK$0.62
SEHK:6888 Share Price * SEHK (2020-03-30) in HKD HK$0.15
Germany Infrastructure Industry PB Ratio Median Figure of 5 Publicly-Listed Infrastructure Companies 0.96x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.43x
DB:FR8 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:6888 Share Price ÷ Book Value per Share (both in HKD)

= 0.15 ÷ 0.62

0.25x

* Primary Listing of Freetech Road Recycling Technology (Holdings).

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

  • Freetech Road Recycling Technology (Holdings) is good value based on assets compared to the DE Infrastructure industry average.
X
Value checks
We assess Freetech Road Recycling Technology (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 Infrastructure 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 Infrastructure industry average (and greater than 0)? (1 check)
  5. Freetech Road Recycling Technology (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.

FR8 Future Performance

 How is Freetech Road Recycling Technology (Holdings) expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

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 Freetech Road Recycling Technology (Holdings) has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

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
4.7%
Expected Infrastructure industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Freetech Road Recycling Technology (Holdings) expected to grow at an attractive rate?
  • Unable to compare Freetech Road Recycling Technology (Holdings)'s earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Freetech Road Recycling Technology (Holdings)'s earnings growth to the Germany market average as no estimate data is available.
  • Unable to compare Freetech Road Recycling Technology (Holdings)'s revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
DB:FR8 Future Growth Rates Data Sources
Data Point Source Value (per year)
Europe Infrastructure Industry Earnings Growth Rate Market Cap Weighted Average 4.7%
Europe Infrastructure Industry Revenue Growth Rate Market Cap Weighted Average 2.1%
Germany Market Earnings Growth Rate Market Cap Weighted Average 14.3%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.1%

*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:FR8 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (9 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:FR8 Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
DB:FR8 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-06-30 466 0 -182
2019-03-31 494 -9 -161
2018-12-31 522 -18 -139
2018-09-30 476 -3 -205
2018-06-30 430 13 -271
2018-03-31 453 26 -268
2017-12-31 476 39 -265
2017-09-30 476 4 -111
2017-06-30 477 -30 44
2017-03-31 486 -46 43
2016-12-31 496 -63 43
2016-09-30 577 -25 54

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Freetech Road Recycling Technology (Holdings) is high growth as no earnings estimate data is available.
  • Unable to determine if Freetech Road Recycling Technology (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:FR8 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (9 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Freetech Road Recycling Technology (Holdings) Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FR8 Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
DB:FR8 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-06-30 -0.17
2019-03-31 -0.15
2018-12-31 -0.13
2018-09-30 -0.19
2018-06-30 -0.25
2018-03-31 -0.25
2017-12-31 -0.25
2017-09-30 -0.10
2017-06-30 0.04
2017-03-31 0.04
2016-12-31 0.04
2016-09-30 0.05

*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 Freetech Road Recycling Technology (Holdings) will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of FR8’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Freetech Road Recycling Technology (Holdings)'s future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Transportation companies here
  3. Freetech Road Recycling Technology (Holdings)'s competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Freetech Road Recycling Technology (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 Europe market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe 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.
Freetech Road Recycling Technology (Holdings) has a total score of 0/6, 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.

FR8 Past Performance

  How has Freetech Road Recycling Technology (Holdings) performed over the past 5 years?

  • Freetech Road Recycling Technology (Holdings)'s last earnings update was 187 days ago.
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 Freetech Road Recycling Technology (Holdings)'s growth in the last year to its industry (Infrastructure).
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.
  • Freetech Road Recycling Technology (Holdings) does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Freetech Road Recycling Technology (Holdings)'s 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Freetech Road Recycling Technology (Holdings)'s 1-year growth to the Europe Infrastructure industry average as it is not currently profitable.
Earnings and Revenue History
Freetech Road Recycling Technology (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 Freetech Road Recycling Technology (Holdings) Company Filings, last reported 9 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:FR8 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 465.78 -182.32 171.62 8.93
2019-03-31 494.11 -160.73 172.32 10.53
2018-12-31 522.43 -139.13 173.02 12.12
2018-09-30 475.99 -204.89 217.94 13.56
2018-06-30 429.55 -270.64 262.86 15.01
2018-03-31 452.54 -267.82 267.77 14.62
2017-12-31 475.53 -265.00 272.68 14.23
2017-09-30 476.45 -110.67 189.43 11.92
2017-06-30 477.37 43.66 106.19 9.62
2017-03-31 486.48 43.40 105.65 9.21
2016-12-31 495.60 43.14 105.10 8.81
2016-09-30 577.06 53.90 108.32 9.15
2016-06-30 658.52 64.66 111.54 9.48
2016-03-31 637.58 64.58 109.07 11.67
2015-12-31 616.64 64.50 106.61 13.86
2015-09-30 524.05 64.04 101.61 15.60
2015-06-30 431.46 63.58 96.60 17.33
2015-03-31 410.95 61.04 92.36 16.37
2014-12-31 390.43 58.50 88.12 15.41
2014-09-30 457.24 94.25 87.65 23.80
2014-06-30 524.04 130.00 87.17 32.19
2014-03-31 576.38 156.26 82.86 28.42
2013-12-31 628.71 182.53 78.55 24.66
2013-09-30 610.00 174.32 75.37 12.33
2013-06-30 591.30 166.11 72.19
2013-03-31 538.65 156.35 68.61

*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 Freetech Road Recycling Technology (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 Freetech Road Recycling Technology (Holdings) has efficiently used its assets last year compared to the Europe Infrastructure industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Freetech Road Recycling Technology (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 Freetech Road Recycling Technology (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 Infrastructure 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.
Freetech Road Recycling Technology (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.

FR8 Health

 How is Freetech Road Recycling Technology (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 Freetech Road Recycling Technology (Holdings)'s finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Freetech Road Recycling Technology (Holdings) is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Freetech Road Recycling Technology (Holdings)'s cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Freetech Road Recycling Technology (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 5.3x 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 Freetech Road Recycling Technology (Holdings) Company Filings, last reported 9 months ago.

DB:FR8 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 684.22 117.24 133.16
2019-03-31 684.22 117.24 133.16
2018-12-31 729.40 123.01 168.01
2018-09-30 729.40 123.01 168.01
2018-06-30 912.65 151.74 184.07
2018-03-31 912.65 151.74 184.07
2017-12-31 978.81 153.75 254.87
2017-09-30 978.81 153.75 254.87
2017-06-30 1,244.27 125.12 140.29
2017-03-31 1,244.27 125.12 140.29
2016-12-31 1,189.97 139.60 279.36
2016-09-30 1,189.97 139.60 279.36
2016-06-30 1,218.71 116.20 256.08
2016-03-31 1,218.71 116.20 256.08
2015-12-31 1,240.88 72.33 338.94
2015-09-30 1,240.88 72.33 338.94
2015-06-30 1,214.25 73.26 164.08
2015-03-31 1,214.25 73.26 164.08
2014-12-31 1,214.24 0.63 347.02
2014-09-30 1,214.24 0.63 347.02
2014-06-30 1,163.19 38.26 493.22
2014-03-31 1,163.19 38.26 493.22
2013-12-31 1,214.22 71.40 614.70
2013-09-30 1,214.22 71.40 614.70
2013-06-30 1,001.15 136.41 633.48
2013-03-31 1,001.15 136.41 633.48
  • Freetech Road Recycling Technology (Holdings)'s level of debt (17.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (3.3% vs 17.1% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Freetech Road Recycling Technology (Holdings)'s debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Freetech Road Recycling Technology (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. Freetech Road Recycling Technology (Holdings) has a total score of 3/6, 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.

FR8 Dividends

 What is Freetech Road Recycling Technology (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
0%
Current annual income from Freetech Road Recycling Technology (Holdings) dividends.
If you bought €2,000 of Freetech Road Recycling Technology (Holdings) shares you are expected to receive €0 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?
  • Unable to evaluate Freetech Road Recycling Technology (Holdings)'s dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Freetech Road Recycling Technology (Holdings)'s dividend against the top 25% market benchmark as the company has not reported any payouts.
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:FR8 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
Europe Infrastructure Industry Average Dividend Yield Market Cap Weighted Average of 31 Stocks 6.7%
Germany Market Average Dividend Yield Market Cap Weighted Average of 323 Stocks 3.9%
Germany Minimum Threshold Dividend Yield 10th Percentile 1%
Germany Bottom 25% Dividend Yield 25th Percentile 1.7%
Germany Top 25% Dividend Yield 75th Percentile 5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:FR8 Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
DB:FR8 Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2017-09-25 0.000 0.000
2017-08-30 0.000 0.000
2017-04-25 0.000 0.000
2017-03-30 0.000 0.000
2016-06-03 0.018 1.998
2015-06-12 0.015 1.630
2014-05-30 0.055 3.653

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

  • Unable to perform a dividend volatility check as Freetech Road Recycling Technology (Holdings) has not reported any payouts.
  • Unable to verify if Freetech Road Recycling Technology (Holdings)'s dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Freetech Road Recycling Technology (Holdings)'s earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Freetech Road Recycling Technology (Holdings) has not reported any payouts.
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 Freetech Road Recycling Technology (Holdings)'s dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1%) - 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 Freetech Road Recycling Technology (Holdings) afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Freetech Road Recycling Technology (Holdings) has a total score of 0/6, see the detailed checks below.


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

FR8 Management

 What is the CEO of Freetech Road Recycling Technology (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
Wai Pan Sze
COMPENSATION HK$2,186,000
AGE 53
CEO Bio

Mr. Wai Pan Sze is the Founder of Freetech Road Recycling Technology (Holdings) Limited and serves as its Chairman, Chief Executive Officer and Chief Engineer. Mr. Sze is primarily responsible for Freetech Road's overall research and development activities, overall corporate strategies, planning and business development of Freetech Road's Group. He has been President of Freetech Road Recycling and Freetech Manufacturing since the date of each of its establishment. He founded Freetech Technology in September 1993. Mr. Sze has over 20 years of experience in engineering. From 1991 to 1994, he was a Sales Supervisor in a Hong Kong-based semi-conductor company. He serves as Director of all Freetech Road's major PRC operating subsidiaries, namely, Freetech Road Recycling, Nanjing Maintenance Machinery, Freetech Manufacturing and Freetech Ordos since the date of their respective establishments, respectively. He has been a Non-Executive Director of Hong Kong East China Non-ferrous International Mineral Development Co., Limited since 29 December 2008. He has been a Director of Freetech Hong Kong since September 1993. Mr. Sze serves as an Executive Director at Freetech Road Recycling Technology (Holdings) Limited since June 8, 2011. He has been a member of Nanjing Political Consultative Conference since January 2008. Mr. Sze was awarded as a Nanjing Science and Technology Achievement Award from the Nanjing Municipal Government in May 2009 in recognition of his achievement in the asphalt pavement maintenance industry and was nominated for the Young to Middle-aged Expert with Outstanding Contributions in Jiangsu Province for 2012* from the Nanjing Municipal Bureau of Human Resources and Social Security in February 2013. He served as a Lecturer in the Department of Manufacturing Engineering on a part-time basis during the academic year from 1992 to 1993 in City Polytechnic of Hong Kong (currently known as City University of Hong Kong). Mr. Sze obtained a Master of Science degree (with distinction) from University of Warwick, United Kingdom in July 1991 and a Master of Arts degree from City Polytechnic of Hong Kong (currently known as City University of Hong Kong) in December 1994.

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

Wai Pan Sze

TITLE
Chairman
COMPENSATION
HK$2M
AGE
53

Wan Nga Sze

TITLE
VP & Executive Director
COMPENSATION
HK$1M
AGE
45

Kai King Chan

TITLE
Executive Director
COMPENSATION
HK$1M
AGE
51

Eng Sun Lim

TITLE
CFO & Company Secretary
AGE
42

Yong He Jiang

TITLE
Technical Manager
AGE
59
TENURE
19.5 yrs
Board of Directors Tenure

Average tenure and age of the Freetech Road Recycling Technology (Holdings) board of directors in years:

7.6
Average Tenure
53
Average Age
  • The tenure for the Freetech Road Recycling Technology (Holdings) board of directors is about average.
Board of Directors

Wan Nga Sze

TITLE
VP & Executive Director
COMPENSATION
HK$1M
AGE
45
TENURE
8.8 yrs

Kai King Chan

TITLE
Executive Director
COMPENSATION
HK$1M
AGE
51
TENURE
7.6 yrs

Sum Yeung

TITLE
Independent Non-Executive Director
COMPENSATION
HK$200K
AGE
45
TENURE
7.6 yrs

Wai Pan Sze

TITLE
Chairman
COMPENSATION
HK$2M
AGE
53

Thomas Tang

TITLE
Independent Non-Executive Director
COMPENSATION
HK$200K
AGE
71
TENURE
7.6 yrs

Ching Kwong Lau

TITLE
Independent Non-Executive Director
COMPENSATION
HK$200K
AGE
76
TENURE
7.6 yrs

Lei Wang

TITLE
Non-Executive Director
AGE
43
TENURE
6.3 yrs

Yan Chong Chan

TITLE
Non-Executive Director
COMPENSATION
HK$200K
AGE
68
TENURE
3.4 yrs

Timothy Tong

TITLE
Non-Executive Director
AGE
65
TENURE
0.7 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 (€)
X
Management checks
We assess Freetech Road Recycling Technology (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. Freetech Road Recycling Technology (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.

FR8 News

Simply Wall St News

FR8 Company Info

Description

Freetech Road Recycling Technology (Holdings) Limited, an investment holding company, manufactures and sells road maintenance equipment, and provides road maintenance services in the People’s Republic of China. The company operates through Maintenance Services and Sale of Equipment segments. It offers asphalt pavement maintenance (APM) equipment; and APM services to repair damaged asphalt pavement surfaces under the Road Doctor name. Freetech Road Recycling Technology (Holdings) Limited was founded in 1993 and is headquartered in Wan Chai, Hong Kong.

Details
Name: Freetech Road Recycling Technology (Holdings) Limited
FR8
Exchange: DB
Founded: 1993
HK$19,208,149
1,079,000,000
Website: http://www.freetech-holdings.hk
Address: Freetech Road Recycling Technology (Holdings) Limited
Chinachem Century Tower,
29th Floor,
Wan Chai,
Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 6888 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 26. Jun 2013
DB FR8 Ordinary Shares Deutsche Boerse AG DE EUR 26. Jun 2013
Number of employees
Current staff
Staff numbers
570
Freetech Road Recycling Technology (Holdings) employees.
Industry
Highways and Railtracks
Transportation
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/03/30 23:24
End of day share price update: 2020/03/30 00:00
Last estimates confirmation: 2019/03/28
Last earnings filing: 2019/09/25
Last earnings reported: 2019/06/30
Last annual earnings reported: 2018/12/31


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.