UTStarcom Holdings Corp chart

Last update: 2022-12-30
Key statistics and financials
Revenue per share 1.63
Dividend & YieldN/A$ (N/A)
Beta 0.77
Market capitalization 39.93M
Operating cash flow 9.8M
ESG Scores unknown

Company description

UTStarcom Holdings Corp. operates as a telecom infrastructure provider to develop technology for bandwidth from cloud-based services, mobile, streaming, and other applications in China, India, Japan, Taiwan, and internationally. The company's products include packet transport network, packet aggregation network, multi-services access network, fiber to the X, carrier Wi-Fi solutions, and software defined network controller products. It serves telecommunications and cable service providers. The company was founded in 1991 and is based in Hangzhou, the People's Republic of China.

Sector: Technology - Industry: Communication Equipment

Financial data

Financial Statements

Cashflow Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Change To Liabilities 12.22M -22.54M -6.78M -6.58M
Total Cashflows From Investing Activities 2.25M -507k 1.98M 1.75M
Net Borrowings
Total Cash From Financing Activities -2.42M -993k -374k
Change To Operating Activities -4.87M -401k -1.52M -2.2M
Issuance Of Stock 101k 56k
Net Income 4.82M -3.91M -23.68M -5.83M
Change In Cash -26.99M -25.09M -219k 17.89M
Effect Of Exchange Rate -701k 554k 1.57M -3.69M
Total Cash From Operating Activities -26.11M -24.15M -3.4M 19.83M
Depreciation 702k 2.59M 2.09M 1.8M
Change To Account Receivables -44.81M -21.56M 18.77M 31.34M
Other Cashflows From Financing Activities
Change To Netincome 205k 2.9M 9.84M -2.11M
Capital Expenditures -225k -507k -115k -348k

Income Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Research Development 12.74M 14.47M 8.08M 6.89M
Income Before Tax 4.44M -3.94M -25.46M -2.53M
Net Income 4.82M -3.91M -23.68M -5.83M
Selling General Administrative 15.16M 15.83M 18.69M -2.64M
Gross Profit 32.27M 24.16M 3.53M -1.07M
Ebit 4.37M -6.14M -23.24M -5.32M
Operating Income 4.37M -6.14M -23.24M -5.32M
Interest Expense -47k -16k -10k
Income Tax Expense -378k -31k -1.78M 3.29M
Total Revenue 115.94M 65.62M 24.31M 15.92M
Cost Of Revenue 83.68M 41.47M 20.78M 17M
Total Other Income ExpenseNet 75k 2.19M -2.21M 2.79M
Net Income From Continuing Ops 4.82M -3.91M -23.68M -5.83M
Net Income Applicable To Common Shares 4.82M -3.91M -23.68M -5.83M

Balance Sheet Statement 2018-12-31 2019-12-31 2020-12-31 2021-12-31
Total Liabilities 75.27M 52.12M 41.32M 39.93M
Total Stockholder Equity 102.17M 99.19M 77.4M 68.35M
Other Current Liabilities 12.12M 11.57M 9.42M 11.44M
Total Assets 177.44M 151.3M 118.72M 108.28M
Common Stock 123k 123k 123k 123k
Other Current Assets 11.79M 10.52M 12.91M 10.99M
Retained Earnings -1.21B -1.22B -1.24B -1.25B
Treasury Stock 50.67M 50.15M 51.34M 47.61M
Cash 57.05M 34.97M 34.22M 53.8M
Total Current Liabilities 69.79M 49.03M 40.04M 35.43M
Other Stockholder Equity 61.57M 62.1M 63.66M 59.94M
Property, Plant, and Equipment 1.26M 3.95M 1.8M 5.34M
Total Current Assets 160.16M 137.08M 109.91M 97.79M
Net Tangible Assets 102.17M 99.19M 77.4M 68.35M
Net Receivables 61.46M 79.19M 52.63M 30.36M
Accounts Payable 50.76M 30.88M 25.12M 19.03M


Insider Transactions

Here are the insider transactions of stock shares related to UTStarcom Holdings Corp:

Filer Name Transaction Text Ownership Date Filer Relation Shares
SHAH CAPITAL MANAGEMENT INC.Purchase at price 2.60 per share.D2014-06-05Director47.2k
SHAH CAPITAL MANAGEMENT INC.Purchase at price 2.56 per share.D2014-03-25Director34.92k
SHAH CAPITAL MANAGEMENT INC.Purchase at price 2.67 per share.I2014-03-11Beneficial Owner of more than 10% of a Class of Security2M
SOFTBANK AMERICA INCSale at price 2.54 per share.I2014-01-17Beneficial Owner of more than 10% of a Class of Security4.88M
SHAH CAPITAL MANAGEMENT INC.Purchase at price 2.54 per share.I2014-01-17Beneficial Owner of more than 10% of a Class of Security1M
LU YINGSale at price 1.53 per share.D2011-06-16Chief Executive Officer35.88k
LU YINGStock Award(Grant) at price 0.00 per share.D2011-01-31Chief Executive Officer300k
CHENG EDMONDStock Award(Grant) at price 0.00 per share.D2011-01-31Chief Financial Officer100k
RYAN BRUCE JStock Award(Grant) at price 0.00 per share.D2010-09-30Director30.41k
TOY THOMAS JStock Award(Grant) at price 0.00 per share.D2010-09-30Director144.24k
LU HONG LIANGStock Award(Grant) at price 0.00 per share.D2010-09-30Director23.04k
LU HONG LIANGStock Award(Grant) at price 0.00 per share.D2010-09-30Director23.04k
BLACKMORE PETER PSale at price 2.07 per share.D2010-08-03Chief Executive Officer145.02k
BLACKMORE PETER PSale at price 2.04 per share.D2010-08-03Chief Executive Officer5.08k
BLACKMORE PETER PConversion of Exercise of derivative security at price 0.00 per share.D2010-07-30Chief Executive Officer87.5k
LU HONG LIANGSale at price 2.01 per share.D2010-06-03Director58.54k
LU HONG LIANGSale at price 2.08 per share.D2010-05-28Director30k
CHENG EDMONDStock Award(Grant) at price 0.00 per share.D2010-05-28Chief Financial Officer200k
LI HENRYStock Award(Grant) at price 0.00 per share.D2010-05-28General Counsel200k
LU HONG LIANGSale at price 2.05 - 2.08 per share.D2010-05-27Director60k
LU YINGStock Award(Grant) at price 0.00 per share.D2010-03-31Chief Operating Officer300k
LU HONG LIANGSale at price 2.00 per share.D2010-03-08Director158.5k
PATEL VIRAJ J CPASale at price 2.04 - 2.06 per share.D2010-03-02Chief Financial Officer30k
BLACKMORE PETER PSale at price 2.04 - 2.06 per share.D2010-03-02Chief Executive Officer94.01k
PATEL VIRAJ J CPAConversion of Exercise of derivative security at price 0.00 per share.D2010-02-26Chief Financial Officer75.99k
BLACKMORE PETER PConversion of Exercise of derivative security at price 0.00 per share.D2010-02-26Chief Executive Officer166.23k
LUK KENNETHStock Award(Grant) at price 0.00 per share.D2009-12-31Chief Financial Officer300k
PATEL VIRAJ J CPASale at price 1.77 per share.D2009-11-09Chief Financial Officer4.65k
RYAN BRUCE JStock Award(Grant) at price 0.00 per share.D2009-09-30Director33.73k
LENZMEIER ALLEN UStock Award(Grant) at price 0.00 per share.D2009-09-30Director29.9k
CLARKE JEFFERY JStock Award(Grant) at price 0.00 per share.D2009-09-30Director29.66k
TOY THOMAS JStock Award(Grant) at price 0.00 per share.D2009-09-30Director79.19k
LU HONG LIANGSale at price 2.01 per share.D2009-09-16Director100k
TOY THOMAS JSale at price 1.96 per share.D2009-09-14Director20.43k
PATEL VIRAJ J CPASale at price 1.94 - 2.03 per share.D2009-09-09Chief Financial Officer127.57k
LU HONG LIANGSale at price 2.07 - 2.13 per share.D2009-09-08Director25.86k
MARSCH SUSANSale at price 2.02 per share.D2009-09-08General Counsel4.16k
LU HONG LIANGSale at price 2.15 per share.D2009-09-03Director41.74k
LU HONG LIANGConversion of Exercise of derivative security at price 0.00 per share.D2009-09-02Director439.18k
LU HONG LIANGStock Gift at price 0.00 per share.I2009-08-12Director10.5k
BLACKMORE PETER PSale at price 1.72 per share.D2009-07-31Chief Executive Officer113.16k
BLACKMORE PETER PConversion of Exercise of derivative security at price 0.00 per share.D2009-07-31Chief Executive Officer87.5k
PATEL VIRAJ J CPASale at price 0.70 - 0.77 per share.D2009-03-05Chief Financial Officer39.56k
BLACKMORE PETER PSale at price 0.70 - 0.77 per share.D2009-03-05Chief Executive Officer42.94k
LU HONG LIANGSale at price 0.70 - 0.77 per share.D2009-03-05Director118.96k
GREEN MARKSale at price 0.70 - 0.77 per share.D2009-03-05Officer56.37k
MARSCH SUSANSale at price 0.70 - 0.77 per share.D2009-03-05General Counsel15.22k
PATEL VIRAJ J CPASale at price 0.78 - 0.93 per share.D2009-03-03Chief Financial Officer19.87k
BLACKMORE PETER PSale at price 0.78 - 0.93 per share.D2009-03-03Chief Executive Officer21.57k
LU HONG LIANGSale at price 0.78 - 0.93 per share.D2009-03-03Director59.84k
GREEN MARKSale at price 0.78 - 0.93 per share.D2009-03-03Officer28.34k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to UTStarcom Holdings Corp. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on UTStarcom Holdings Corp

Here is the result of two systematic investment strategies applied to UTStarcom Holdings Corp. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on UTStarcom Holdings Corp

The following chart shows the equity curve of the two systematic investment strategies applied to UTStarcom Holdings Corp:

UTStarcom Holdings Corp automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -41.52% on the backtest period.

Performance at glance

Performance

-41.52 %

Latent gain

-934.85 $

Invested capital

2251.73 $

Annualized return

-10.03 %
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Momentum strategy results on UTStarcom Holdings Corp

This is the result of two momentum investment strategies applied to UTStarcom Holdings Corp. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on UTStarcom Holdings Corp

The following chart shows all the entries opened by the momentum investment system on UTStarcom Holdings Corp:

UTStarcom Holdings Corp momentum entries
  • The first momentum investment strategy would give -43.03% of return on UTStarcom Holdings Corp. That represents -1181.87$ of latent gain with 2746.55$ of employed capital.
  • The second momentum investment strategy would give -41.74% of return on UTStarcom Holdings Corp. That represents -1252.98$ of latent gain with 3001.74$ of employed capital.
Performance at glance (1Q Momentum)

Performance

-43.03 %

Latent gain

-1181.87 $

Invested capital

2746.55 $

Annualized return

-15.86 %
Performance at glance (2Q Momentum)

Performance

-41.74 %

Latent gain

-1252.98 $

Invested capital

3001.74 $

Annualized return

-11.4 %

Momentum equity curve on UTStarcom Holdings Corp

The following chart shows the equity curve of the two momentum strategies applied to UTStarcom Holdings Corp:

UTStarcom Holdings Corp momentum equity

Note: the dividends potentially given by UTStarcom Holdings Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on UTStarcom Holdings Corp

The following chart shows the employed capital evolution of the two momentum strategies on UTStarcom Holdings Corp since the beginning:

UTStarcom Holdings Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Buy the dip strategy result on UTStarcom Holdings Corp

Buy the dip entry openings on UTStarcom Holdings Corp

UTStarcom Holdings Corp

The performance achieved by the robo-advisor on UTStarcom Holdings Corp is -33.94%. That represents -169.72$ of latent gain with 500.12$ of employed capital. The following chart shows UTStarcom Holdings Corp stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of UTStarcom Holdings Corp, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-33.94 %

Latent gain

-169.72 $

Invested capital

500.12 $

Annualized return

-15.86 %

Equity curve of the strategy applied to UTStarcom Holdings Corp

The following chart shows the result of the investment strategy applied to UTStarcom Holdings Corp:

UTStarcom Holdings Corp

Note: the dividends potentially given by UTStarcom Holdings Corp are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on UTStarcom Holdings Corp

The following chart shows the employed capital evolution since the beginning of the investment strategy on UTStarcom Holdings Corp:

UTStarcom Holdings Corp

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on UTStarcom Holdings Corp

In this section, I will compare the three previous investment strategies applied to UTStarcom Holdings Corp.

Equity curve comparison on UTStarcom Holdings Corp

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

UTStarcom Holdings Corp investment strategy comparison

Employed capital comparison on UTStarcom Holdings Corp

UTStarcom Holdings Corp investment comparison

Performance comparison on UTStarcom Holdings Corp

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -41.52% -934.85$ 2251.73$ -10.03%
Momentum 1 quarter -43.03% -1181.87$ 2746.55$ -11.03%
Momentum 2 quarters -41.74% -1252.98$ 3001.74$ -11.4%
Non-directional -33.94% -169.72$ 500.12$ -15.86%
Annualized return comparison

Automatic investment

-10.03 %

Momentum 1Q

-11.4 %

Momentum 2Q

-11.4 %

Non-directional

-15.86 %

Correlated stocks

Here are the most positively and negatively correlated stocks with UTStarcom Holdings Corp:

Note: The algorithm computes the probability of correlation between UTStarcom Holdings Corp and the other stocks. There may be false positives or some missing correlated stocks. If the price of UTStarcom Holdings Corp does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name UTStarcom Holdings Corp
Country China
City Hangzhou
Address South Wing
Phone 86 57 1819 28888
Website www.utstar.com
FullTime employees 238
Industry Communication Equipment
Sector Technology
Exchange XNAS
Ticker UTSI
Market www.nasdaq.com

UTStarcom Holdings Corp ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown