UCHI TECHNOLOGIES BHD
KLSE (MYR): UCHITEC (7100)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
3.20
Today's Change
0.00 (0.00%)
Day's Change
3.20 - 3.24
Trading Volume
56,400
Overview
Market Cap
1,466 Million
NOSH
458 Million
Avg Volume (4 weeks)
634,440
4 Weeks Range
3.16 - 3.35
4 Weeks Price Volatility (%)
21.05%
52 Weeks Range
2.90 - 3.45
52 Weeks Price Volatility (%)
54.55%
Previous Close
3.20
Open
3.20
Bid
3.20 x 4,500
Ask
3.23 x 10,400
Day's Range
3.20 - 3.24
Trading Volume
56,400
Financial Highlight
Latest Quarter | Ann. Date
31-Dec-2022 [#4] | 28-Feb-2023
Next QR | Est. Ann. Date
31-Mar-2023 | 25-May-2023
T4Q P/E | EY
11.74 | 8.52%
T4Q DY | Payout %
7.73% | 90.72%
T4Q NAPS | P/NAPS
0.47 | 6.74
T4Q NP Margin | ROE
58.26% | 57.39%
Market Buzz
2023-03-29
2023-03-28
2023-03-28
News and Blogs
Company Profile
Sector: INDUSTRIAL PRODUCTS & SERVICES
Sector: INDUSTRIAL PRODUCTS & SERVICES
Subsector: INDUSTRIAL MATERIALS, COMPONENTS & EQUIPMENT
Subsector: INDUSTRIAL MATERIALS, COMPONENTS & EQUIPMENT
Description:
Uchi Technologies Bhd is primarily an original design manufacturer (ODM) specializing in the design, research and development, and manufacture of electronic control systems such as software development, hardware design, and system construction. Its operating segments are Manufacturing, Trading and Investment holding. Manufacturing segment engages in making touchscreen advance display, high precision light measurement equipment, mixed-signal control system for centrifuge equipment, mixed-signal microprocessor-based application, system integration products and electronic modules. The trading segment includes trading of an electric module and saturated paper for PCB lamination. Investment holding segment includes management services. The company earns most of its revenue from Europe region.
Discussions
8 people like this. Showing 50 of 1,874 comments
This year total 3Q NP is already 92m, exceed FY 2021 whole year NP of 91M. Looks like FY 2022 revenue and net profits should be all time high. Even interim dividend increases from 9 sen to 12 sen. I expect final dividend will be more than 12 sen.
2022-11-26 08:27
"...out of the 4 applications submitted, MIDA has granted Uchi Optoelectronic (M) Sdn Bhd (“Uchi Opto”) (a wholly owned subsidiary of UTB) pioneer status for the activities of " Design, development and manufacture of configurable presence and distance sensing time-of-flight (CPDS-ToF) module" for a period of 5 years from the production date which will be fixed by the authorities at a later date."
How many applications were successful?
2 months ago
The company has clarified in a follow-up announcement today:
"We refer to the announcement made on 10 January 2023. Unless otherwise stated, all definitions and terms used in this announcement shall have the same meanings as defined in the previous announcement.
After consideration of the MIDA’s approval, UTB wishes to make further announcement as follows:-
The approved "Design, development and manufacture of configurable presence and distance sensing time-of-flight (CPDS-ToF) technology (“the approved technology”) is currently being adopted in the production of some new products beginning January 2023 for our customers.
Barring any unforeseen circumstances, UTB expects that more than 1/6 of the Group's revenue will be generated from the new products categorized under the approved technology and profit generated will be tax exempted. The profit from the remaining of the Group’s revenue will be taxable at the statutory tax rate of 24%. Thus, the effective tax rate of the Group for the current year is estimated to be higher than the preceding years.
Uchi Opto will also adopt the approved technology into other new products and the effective tax rate for the Group shall improve over time.
In the meantime, Uchi Opto wishes to clarify further that the other 3 Applications submitted were not approved by MIDA and Uchi Opto endeavours to look into new applications for incentives.
This announcement is dated 12 January 2023."
Effective tax rate will go up. At least in the short term.
2 months ago
Uchitech EPS will be decrease by 20% due to 5/6 product now are taxable at 24%, only 1/6 remain tax exampted.
2 months ago
OK - the impact will be significant. FY23 Uchi is not expected to do as well as FY22 because -
1. Sales will be flattish, or lower - topline lower
2. RM strenghtening - bottom line lower
3. Taxes - bottom line lower - EPS lower
4. Dividends will be slashed
Party is over.....thanks to MIDA and this Unity Government that is trying to get extra revenue anyway they can....
Share price will head south and finally normalise to abut RM2.35~2.5 given the forward looking PEx in the next few weeks/months.
Downtrend is inevitable. Trade cautiously.
2 months ago
Aiyoyo !!! Base on what Coo Coo said, this counter gone case lioa. Please sell like no tomorrow!!!!! Sell at 2.35 or below so that Coo ku can buy cheap cheap from you.
2 months ago
899 wanna mock opinions at least support with some good arguments la…do not make such statements. It shows ur mentality…knn.
2 months ago
Aiyoyo, coo ku no happy ar. Ask ppl to sell him cheap cheap he oso angry wor.
I no value investing one, can tell those who wan to sell you cheap cheap how do you
value Uchi at 2.35 ar? Can show calculation ar ? I oso wan to learn lor.
2 months ago
899 you are just fly here. tkss.
RM2.35~2.5 is what I THINK the market will price Uchi given the factors i listed above. Just my estimate as Mr Market can be bearish given that Uchi has no other growth drivers (unless you know something I dont)
Anyways...no one understands Mr Market truly, and I could be wrong. Maybe fly up to RM5?
What show calculation? U want to learn? I dont think so, KNN
...you just want to mock at people. bugger off!
Calculate yourself....CCB
2 months ago
No doubt for year 2023 will be quite challenging for Uchi, however given that their customer is considered one of the best in the coffee machine market. Consensus estimate world coffee machine market will growth about 4~7% CAGR and this might mitigate some of the taxation issue and over the long run it is good as not to rely on pioneer status for bottom line growth. A single customer is the risk on Uchi as like ATAIMS and this is why market doesn't give a high PE ( 30+ ) to Uchi.
Nevertheless they have been in the market for over 30 years and work very well with the customer not only based on the requirements, they co-develop the module with their customer and the design normally would take years and switching them with new EMS is just quite unlikely.
2 months ago
Wah, coo ku use think to derive target price lo!!!!! No need calculation one!!!!! Bery advance.
Use your toe to think ar? Wakakakakaka!!!!!!!!
2 months ago
Good points Gen2. Appreciate inputs and arguments.
Uchi will need to adapt to the "new norm" and find ways to grow.
Will just ignore this fly who is clueless.
2 months ago
Normally, the company subsidiary will have new technology products that will qualify for the pioneer status.
Hopefully, this 1st half 2023 have some new innovation that will qualify an extension.
2 months ago
Bro, the announcement already stated very clearly. I don't think
there will be any new technology product. But believe the management
will look into ways to improve the company's bottom line. Below are
Part of the announcement dated 12th Jan.
After consideration of the MIDA’s approval, UTB wishes to make further announcement as follows:-
The approved "Design, development and manufacture of configurable presence and distance sensing time-of-flight (CPDS-ToF) technology (“the approved technology”) is currently being adopted in the production of some new products beginning January 2023 for our customers.
Barring any unforeseen circumstances, UTB expects that more than 1/6 of the Group's revenue will be generated from the new products categorized under the approved technology and profit generated will be tax exempted. The profit from the remaining of the Group’s revenue will be taxable at the statutory tax rate of 24%. Thus, the effective tax rate of the Group for the current year is estimated to be higher than the preceding years.
Uchi Opto will also adopt the approved technology into other new products and the effective tax rate for the Group shall improve over time.
In the meantime, Uchi Opto wishes to clarify further that the other 3 Applications submitted were not approved by MIDA and Uchi Opto endeavours to look into new applications for incentives.
2 months ago
@ooihk899
Bro , I mentioned I'm hopeful that the company will find new innovations that will qualify for a new extension.
2 months ago
Amid the disappointment, EPF has crossed the 5% reporting threshold. EPF held 15 million shares in Mar 2022. It has increased to 23 million.
2 months ago
Uchitec's margin so high, let the PH Govt tax abit la while applying for more exemptions on new designs. More important is the good governance and ways to increased customers base and therefore increased revenue
2 months ago
Hmmm... EPF now become a substantial shareholder. Hope is a good sign.
Maybe not able to buy cheap anymore.
2 months ago
EPF was substantial holder to Serba Dinamik and Top Glove as well...go check out what happen to their investment in those counter.
2 months ago
Epf's increase or decrease in its shareholding has practically no impact on UTB's business development. I think there is no absolute good or bad in everything.
1. Reduce stock holdings - the resulting decline in stock prices will create low-cost acquisitions for potential buyers.
2. Increase stock holdings - under the premise that the company's profit does not increase, if the number of shares increases, the earnings per share will decrease.
real risk -
1. Single customer
2. Demand
3. Competitors present
4. Substitutability
@tax is not within the risk, speculation is another matter.
1 month ago
It's difficult to know how is the luxury coffee machine market trend for those not in the industry like me.
But for sure UCHI management is an integrity teams who work tirelessly to maintain their top notch coffee machine tech and hopefully they would have actually ventured into more industry for what they can achieved and do not relying in one industry.
1 month ago
i think most probably this result will lower than previous qr alot since forex loss and lower sales
1 month ago
10 years Record Rev and Profit. Quiet only here, having high hopes on Uchitec, will gap up tomorrow?
4 weeks ago
Post a Comment
Featured Posts
Looking for REITs with high returns? Check this out!
[29 Mar] Ascendas REIT - A giant dividend machine
MQ Trader - Introduction to MQ Trader Affiliate Program
Trending Events
MQ Trading Signals
Time
Signal
Duration
Type
2023-03-29 15:26:39
ADX
30 Mins
SELL
Apps
Top Articles
1
save malaysia!
2
Rh Research Blog
3
5
6
RHB Investment Research Reports
7
#
Stock
Score
Daily Stocks
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Shines
Opps! Typo err, should be Friday.
Now just wait till Tuesday 9am to see what is the market reactions.
2022-11-26 06:42