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Lamtex Holdings

SEHK:1041
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
1041
SEHK
HK$157M
Market Cap
  1. Home
  2. HK
  3. Diversified Financials
Company description

Lamtex Holdings Limited, an investment holding company, manufactures and trades in electronic components in the People’s Republic of China. The last earnings update was 121 days ago. More info.


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  • Lamtex Holdings has significant price volatility in the past 3 months.
1041 Share Price and Events
7 Day Returns
-20.5%
SEHK:1041
-3.6%
HK Capital Markets
-3.7%
HK Market
1 Year Returns
-72.2%
SEHK:1041
4.4%
HK Capital Markets
1%
HK Market
1041 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Lamtex Holdings (1041) -20.5% -22.6% -55.1% -72.2% -67.6% -95.4%
HK Capital Markets -3.6% 4% 9.9% 4.4% -18.8% -24.2%
HK Market -3.7% -0.2% 4.1% 1% 7.9% -1.3%
1 Year Return vs Industry and Market
  • 1041 underperformed the Capital Markets industry which returned 4.4% over the past year.
  • 1041 underperformed the Market in Hong Kong which returned 1% over the past year.
Price Volatility
1041
Industry
5yr Volatility vs Market

Value

 Is Lamtex 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 Lamtex Holdings. This is due to cash flow or dividend data being unavailable. The share price is HK$0.089.
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 Lamtex Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Lamtex Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:1041 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-06-30) in HKD HK$-0.04
SEHK:1041 Share Price ** SEHK (2020-01-23) in HKD HK$0.09
Hong Kong Capital Markets Industry PE Ratio Median Figure of 39 Publicly-Listed Capital Markets Companies 13.85x
Hong Kong Market PE Ratio Median Figure of 1,495 Publicly-Listed Companies 10.31x

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

** Primary Listing of Lamtex Holdings.

SEHK:1041 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1041 Share Price ÷ EPS (both in HKD)

= 0.09 ÷ -0.04

-2.23x

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

  • Lamtex Holdings is loss making, we can't compare its value to the HK Capital Markets industry average.
  • Lamtex Holdings is loss making, we can't compare the value of its earnings to the Hong Kong market.
Price based on expected Growth
Does Lamtex Holdings's expected growth come at a high price?
Raw Data
SEHK:1041 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -2.23x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Hong Kong Capital Markets Industry PEG Ratio Median Figure of 8 Publicly-Listed Capital Markets Companies 0.57x
Hong Kong Market PEG Ratio Median Figure of 483 Publicly-Listed Companies 0.78x

*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 Lamtex Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Lamtex Holdings's assets?
Raw Data
SEHK:1041 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-06-30) in HKD HK$0.34
SEHK:1041 Share Price * SEHK (2020-01-23) in HKD HK$0.09
Hong Kong Capital Markets Industry PB Ratio Median Figure of 70 Publicly-Listed Capital Markets Companies 0.55x
Hong Kong Market PB Ratio Median Figure of 2,240 Publicly-Listed Companies 0.83x
SEHK:1041 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1041 Share Price ÷ Book Value per Share (both in HKD)

= 0.09 ÷ 0.34

0.26x

* Primary Listing of Lamtex Holdings.

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

  • Lamtex Holdings is good value based on assets compared to the HK Capital Markets industry average.
X
Value checks
We assess Lamtex 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 Capital Markets 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 Capital Markets industry average (and greater than 0)? (1 check)
  5. Lamtex Holdings has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

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

Future Performance

 How is Lamtex 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 Lamtex 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
8.7%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Lamtex Holdings expected to grow at an attractive rate?
  • Unable to compare Lamtex Holdings's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Lamtex Holdings's earnings growth to the Hong Kong market average as no estimate data is available.
  • Unable to compare Lamtex Holdings's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:1041 Future Growth Rates Data Sources
Data Point Source Value (per year)
Hong Kong Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 8.7%
Hong Kong Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 11.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.5%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

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

Analysts growth expectations
Raw Data
SEHK:1041 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 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.
SEHK:1041 Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2019-06-30 132 -35 -70
2019-03-31 150 -45 -65
2018-12-31 169 -55 -60
2018-09-30 160 -38 -38
2018-06-30 170 -22 0
2018-03-31 146 -81 14
2017-12-31 123 -140 28
2017-09-30 79 -171 17
2017-06-30 35 -202 5
2017-03-31 -33 -120 -66
2016-12-31 -102 -37 -138
2016-09-30 -162 -31 -218

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Lamtex Holdings is high growth as no earnings estimate data is available.
  • Unable to determine if Lamtex 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
SEHK:1041 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Lamtex Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1041 Past Financials Data
Date (Data in HKD Millions) EPS *
2019-06-30 -0.04
2019-03-31 -0.04
2018-12-31 -0.04
2018-09-30 -0.03
2018-06-30 0.00
2018-03-31 0.01
2017-12-31 0.03
2017-09-30 0.02
2017-06-30 0.01
2017-03-31 -0.09
2016-12-31 -0.20
2016-09-30 -0.32

*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 Lamtex Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Lamtex 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 Diversified Financials companies here
  2. Lamtex Holdings's competitive advantages and company strategy can generally be found in its financial reports archived here.
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Lamtex 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 Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong 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.
Lamtex 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.

Past Performance

  How has Lamtex 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 Lamtex Holdings's growth in the last year to its industry (Capital Markets).
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.
  • Lamtex Holdings does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Lamtex Holdings's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Lamtex Holdings's 1-year growth to the HK Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
Lamtex 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 Lamtex Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:1041 Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-06-30 131.65 -69.96 55.66
2019-03-31 150.49 -64.90 52.57
2018-12-31 169.33 -59.84 49.48
2018-09-30 159.63 -37.97 56.21
2018-06-30 170.22 0.13 50.38
2018-03-31 146.44 14.24 42.09
2017-12-31 122.65 28.34 33.81
2017-09-30 78.99 16.88 41.49
2017-06-30 35.34 5.41 49.16
2017-03-31 -33.28 -66.44 46.58
2016-12-31 -101.91 -138.29 44.01
2016-09-30 -162.25 -217.88 46.16
2016-06-30 -222.59 -297.48 48.30
2016-03-31 -200.20 -274.41 49.36
2015-12-31 -177.80 -251.34 50.42
2015-09-30 -97.90 -159.32 55.32
2015-06-30 -18.00 -67.29 60.22
2015-03-31 74.95 27.67 59.41
2014-12-31 167.91 122.63 58.61
2014-09-30 127.88 120.10 39.28
2014-06-30 87.85 117.57 19.94
2014-03-31 40.45 70.99 24.35
2013-12-31 -6.95 24.42 28.75
2013-09-30 -0.59 -6.44 31.98
2013-06-30 5.77 -37.29 35.22
2013-03-31 37.34 -2.31 35.04

*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 Lamtex 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 Lamtex Holdings has efficiently used its assets last year compared to the HK Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Lamtex 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 Lamtex 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 Capital Markets 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.
Lamtex Holdings has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

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

Health

 How is Lamtex 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 Lamtex Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Lamtex Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Lamtex Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Lamtex 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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 10.7x 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 Lamtex Holdings Company Filings, last reported 6 months ago.

SEHK:1041 Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-06-30 597.36 53.80 74.01
2019-03-31 597.36 53.80 74.01
2018-12-31 608.00 5.03 72.86
2018-09-30 608.00 5.03 72.86
2018-06-30 662.70 0.00 122.64
2018-03-31 662.70 0.00 122.64
2017-12-31 474.29 112.00 145.00
2017-09-30 474.29 112.00 145.00
2017-06-30 359.02 200.00 112.47
2017-03-31 359.02 200.00 112.47
2016-12-31 341.32 0.00 41.43
2016-09-30 341.32 0.00 41.43
2016-06-30 308.58 0.00 71.38
2016-03-31 308.58 0.00 71.38
2015-12-31 426.61 0.00 325.84
2015-09-30 426.61 0.00 325.84
2015-06-30 509.00 36.19 427.28
2015-03-31 509.00 36.19 427.28
2014-12-31 601.38 0.00 518.70
2014-09-30 601.38 0.00 518.70
2014-06-30 534.95 0.00 244.15
2014-03-31 534.95 0.00 244.15
2013-12-31 287.00 178.97 79.39
2013-09-30 287.00 178.97 79.39
2013-06-30 483.65 125.28 57.44
2013-03-31 483.65 125.28 57.44
  • Lamtex Holdings's level of debt (9%) compared to net worth is satisfactory (less than 40%).
  • Unable to establish if Lamtex Holdings's debt level has increased without past 5-year debt data.
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.

  • Information is not available.
  • Unable to confirm if Lamtex Holdings has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Lamtex 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. Lamtex 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.

Dividends

 What is Lamtex 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 Lamtex Holdings dividends.
If you bought HK$2,000 of Lamtex Holdings shares you are expected to receive HK$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 Lamtex Holdings's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Lamtex 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
SEHK:1041 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
Hong Kong Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 32 Stocks 2.8%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 962 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.2%
Hong Kong Top 25% Dividend Yield 75th Percentile 6.2%

Industry and Market average data is calculated daily.

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

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

  • Unable to perform a dividend volatility check as Lamtex Holdings has not reported any payouts.
  • Unable to verify if Lamtex Holdings's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Lamtex Holdings's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Lamtex 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 Lamtex Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - 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 Lamtex Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Lamtex 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.

Management

 What is the CEO of Lamtex 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
Man Keung Wong
AGE 51
TENURE AS CEO 2.2 years
CEO Bio

Mr. Man Keung Wong has served as the Chief Executive Officer of Lamtex Holdings Limited since November 28, 2017 and its Executive Director since January 20, 2020. Mr. Keung has experience in direct investment, commercial banking and manufacturing in China. He served as the Chief Executive Officer of Green International Holdings Limited from November 7, 2011 January 10, 2017. He served as an Investment Manager in Million Base (China) Ltd. from 2008 to 2011. He worked in the commercial banking division of a financial institution for approximately 15 years. He has also served as the Senior Management Member of various light and heavy manufacturing companies based in China and oversaw the finance and the production departments. He served as an Acting Chairman of Green International Holdings Limited from November 8, 2012 to September 5, 2013. He serves as a Director of GEV Investments (Hong Kong) Limited. He served as an Executive Director of Green International Holdings Limited from November 7, 2011 to January 10, 2017. He is a Member of Certified Management Accountants of Australia.

CEO Compensation
  • Insufficient data for Man Keung to compare compensation growth.
  • Insufficient data for Man Keung to establish whether their remuneration is reasonable compared to companies of similar size in Hong Kong.
Management Team Tenure

Average tenure and age of the Lamtex Holdings management team in years:

1.6
Average Tenure
50
Average Age
  • The average tenure for the Lamtex Holdings management team is less than 2 years, this suggests a new team.
Management Team

Ping Tse

TITLE
Executive Chairman of the Board
AGE
67
TENURE
1.1 yrs

Xiaolin Wu

TITLE
Executive Director
COMPENSATION
HK$2M
AGE
38

Man Keung Wong

TITLE
Executive Director & CEO
AGE
51
TENURE
2.2 yrs

Roland Tang

TITLE
Financial Controller
TENURE
9.7 yrs

Xian Pan

TITLE
Executive Director
AGE
50

Ching Chan

TITLE
Company Secretary
AGE
39
TENURE
0.8 yrs
Board of Directors Tenure

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

2.3
Average Tenure
54.5
Average Age
  • The average tenure for the Lamtex Holdings board of directors is less than 3 years, this suggests a new board.
Board of Directors

Xiaolin Wu

TITLE
Executive Director
COMPENSATION
HK$2M
AGE
38
TENURE
4.6 yrs

Man Keung Wong

TITLE
Executive Director & CEO
AGE
51

Xian Pan

TITLE
Executive Director
AGE
50
TENURE
0.8 yrs

Zhaolin Zeng

TITLE
Independent Non-Executive Director
COMPENSATION
HK$295K
AGE
74
TENURE
4.6 yrs

Ping Tse

TITLE
Executive Chairman of the Board
AGE
67
TENURE
1.1 yrs

Jimmy Loke

TITLE
Independent Non-Executive Director
COMPENSATION
HK$295K
AGE
69
TENURE
4.5 yrs

Long Tse

TITLE
Independent Non-Executive Director
COMPENSATION
HK$295K
AGE
63
TENURE
4.5 yrs

Zhanqing Liu

TITLE
Non-Executive Director
COMPENSATION
HK$495K
AGE
54
TENURE
2.3 yrs

Yanxia Zang

TITLE
Non-Executive Director
COMPENSATION
HK$18K
AGE
51
TENURE
1.1 yrs

Shen Xiao

TITLE
Non-Executive Director
AGE
55
TENURE
0.8 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 (HK$) Value (HK$)
X
Management checks
We assess Lamtex 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. Lamtex Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

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

News

Simply Wall St News

Who Owns Most Of Lamtex Holdings Limited (HKG:1041)?

I am going to take a deep dive into Lamtex Holdings Limited’s (HKG:1041) most recent ownership structure, not a frequent subject of discussion among individual investors. … The impact of a company's ownership structure affects both its short- and long-term performance. … SEHK:1041 Ownership Summary July 18th 18

Simply Wall St -

Company Info

Description

Lamtex Holdings Limited, an investment holding company, manufactures and trades in electronic components in the People’s Republic of China. The company operates through Securities Trading and Investment; Securities Brokerage and Provision of Securities Margin Finance; Hotel Operation; Property Investment; Loan Financing Services; and Trading and Manufacturing of Electronic Products segments. It also invests and trades in securities; provides securities brokerage and margin finance services, funds and financial services to third parties, and management services; operates hotels and tours; and invests in and rents properties. The company was formerly known as China New Energy Power Group Limited and changed its name to Lamtex Holdings Limited in August 2016. Lamtex Holdings Limited is headquartered in Tsim Sha Tsui, Hong Kong.

Details
Name: Lamtex Holdings Limited
1041
Exchange: SEHK
Founded:
HK$157,468,483
1,769,308,799
Website: http://lamtex.com.hk
Address: Lamtex Holdings Limited
Star House,
18th Floor,
Tsim Sha Tsui,
Kowloon, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1041 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 30. Dec 1996
Number of employees
Current staff
Staff numbers
900
Lamtex Holdings employees.
Industry
Asset Management and Custody Banks
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/01/24 12:49
End of day share price update: 2020/01/23 00:00
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.