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Company Information |
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Full name Plastoform Holdings Limited Headquarters Units 6A-12, 15/F., Mita Centre 552-566 Castle Peak Road Kwai Chung, ; Hong Kong; Hong Kong Legal Address Clarendon House 2 Church Street, Hamilton HM 11, ; Hamilton ; Hamilton |
Status: Listed Legal Form: Public Limited Company Operational Status: Operational ISIN CODE : BMG712311072 Financial Auditors: HLB Hodgson Impey Cheng (2011) Incorporation Date: September 19, 2003 Tel: (852) 2422-7106 |
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Company Description |
| The Company specializes in the design, development and manufacture of compact high-performance powered speakers for personal computing, mobile and multimedia devices on an OEM and ODM basis. This company is established in Bermuda |
Company Analysis |
| According to the Consolidated - Non-Audited financial statement for the first quarter of 2011, total net operating revenues increased with 13.03%, from HKD 47,015 thousands to HKD 53,143 thousands. Operating result increased from HKD -18,523 thousands to HKD -10,617 thousands which means 42.68% change. The results of the period increased 42.68% reaching HKD -10,617 thousands at the end of the period against HKD -18,523 thousands last year. Return on equity (Net income/Total equity) went from -23.30% to -27.00%, the Return On Asset (Net income / Total Asset) went from -15.20% to -10.32% and the Net Profit Margin (Net Income/Net Sales) went from -39.40% to -19.98% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 161.53% compared to 53.28% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 2.40 to 1.37 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |

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2011 Q1 (cons) |
2010 Y (cons) |
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| Non-Audited | Audited | |
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| CEIC Company Financials (New) | CEIC Company Financials (New) | |
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| Unit | Thousands | Thousands |
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Total Assets |
102,847 |
134,286 |
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Current Assets |
87,036 |
116,145 |
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Total Liabilities |
63,522 |
84,482 |
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Shareholders Equity |
39,325 |
49,804 |
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Current Liabilities |
63,522 |
84,482 |
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| * All the accounts are in HKD. | ||
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Total Operating Revenue |
56,210 |
313,102 |
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Operational Profit (Loss) |
-10,617 |
-48,624 |
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Net Profit (Loss) |
-10,617 |
-48,624 |
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| * All the accounts are in HKD. | ||
| Profitability Ratios | ||
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Return on Assets (ROA) |
-10.32% |
-36.21% |
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Annualised Return on Assets (ROA) |
-41.28% |
-36.21% |
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Return on Equity (ROE) |
-27% |
-97.63% |
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Annualised Return on Equity (ROE) |
-108% |
-97.63% |
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Return on Sales (ROS) |
-19.98% |
-15.64% |
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Return on Capital |
-27% |
-97.63% |
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Gross Profit Margin |
-4.93% |
2.01% |
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Operating Profit Margin |
-19.98% |
-15.58% |
| Efficiency Ratios | ||
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Inventory Turnover |
0.02x |
0.10x |
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Current asset turnover |
0.01x |
0.03x |
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Fixed-asset turnover |
0.03x |
0.17x |
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Asset Turnover |
0.01x |
0.02x |
| Valuation figures and ratios | ||
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Earning Before Interests and Taxes (EBIT) |
-10,617 |
-48,798 |
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EBITDA |
-9,001 |
-41,839 |
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Enterprise value |
4,654 |
4,716 |
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Enterprise Value / EBITDA |
-0.52 |
-0.11 |
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Bookvalue (BV) |
39,325 |
49,804 |
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Net Cash |
12,940 |
12,161 |
| Liquidity Ratios | ||
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Current Ratio |
1.37% |
1.37% |
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Quick ratio |
0.75% |
0.85% |
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Doom's day ratio |
0.2% |
0.14% |
| Leverage Ratios | ||
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Leverage ratio |
2.62% |
2.7% |
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Debt to equity |
161.53% |
169.63% |
| Market ratios | ||
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Market Capitalization/EBITDA |
-4.62 |
-0.96 |
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Price/Book Ratio |
1.06 |
0.81 |
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Market Cap / Net cash |
3.21 |
3.31 |
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Market cap/Shareholder equity |
1.06 |
0.81 |
| Trend Ratios | ||
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Revenue Trend |
0% |
1.19% |
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Net Income Trend |
0.57% |
3.89% |
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Operating Income Trend |
0.57% |
3.16% |
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