OREANDA-NEWS. The Information Technology (IT) sector comprises companies that offer software and information technology services, manufacturers and distributors of technology hardware & equipment and related instruments and semiconductors, according to the Global Industry Classification Standard (GICS®). Among the 86 GICS®-classified IT stocks listed on the Singapore Exchange (SGX), Technology Hardware & Equipment represents the largest industry group by market capitalisation with 59%, followed by Software & Services with 28%, and Semiconductors & Semiconductor Equipment with 13%. 

On average, the IT sector generated a price gain of 15.9%, with dividends boosting returns to 17.1% in the year-to-date. The five best performers were Huan Hsin Holdings (235%), Manufacturing Integration Technology (161%), IPS Securex Holdings (119%), Sinotel Technologies (118%), and Advanced Systems Automation (75%). Three of the companies – Huan Hsin Holdings, Sinotel Technologies and IPS Securex Holdings – have operations in Technology Hardware & Equipment industry, while the rest are in the Semiconductors & Semiconductor Equipment industry.

Source: SGX StockFacts (Data as of 4 May 2015)

Two of the industry groups – Semiconductors & Semiconductor Equipment and Technology Hardware & Equipment – generated price gains in the year-to-date, while Software & Services averaged a decline of 3.6%. The Semiconductors & Semiconductor Equipment industry generated the highest average price gain of 40.5%, followed by Technology Hardware & Equipment with 14.3%.  

10 Largest IT Stocks

The 10 largest IT stocks are Silverlake Axis, Venture Corporation, STATS ChipPAC, TPV Technology, GSH Corporation, Hi-P International, iFAST Corporation, GP Industries, Chuan Hup Holdings and CSE Global. With a combined market capitalisation of S\$9.5 billion, they make up more than two-thirds of the total market capitalisation of the IT sector. The 10 stocks averaged 4.8% price gains in the year-to-date, with dividends boosting their average returns to 5.2%. They also maintain an average yield of 3.7%, with yields ranging from 0.8% to 6.8%.

For the month of May, four of the 10 largest IT stocks will be distributing dividends. Shares in the stock of Venture Corporation and Hi-P International will go ex-dividend today, distributing S\$0.5 and S\$0.01 per share in dividends respectively. iFast will go ex-dividend tomorrow, distributing S\$0.0068 per share in dividends, while TPV Technology will go ex-dividend on 25 May, distributing US\$0.00128 per share in dividends.

SGX My Gateway is organising a seminar series on Materials and Financials this Thursday at SGX Auditorium, 7pm. Mr Jean Paul Wong from iFast Corporation will be sharing insights on the fintech company, which is a leading Internet-based investment products distribution platform headquartered in Singapore. Admission for this event is free.

Details of the 10 stocks are below. Note that clicking directly on the stock name below will take you to the relevant profile page on SGX StockFacts.

Company Name SGX
Code		 Primary Industry Mkt Cap S\$M % Price Change YTD % Change - Dividend Adj. YTD % Change - Dividend Adj. [1 Year] % Change - Dividend Adj. [3 Years] % Div Yld
Silverlake Axis
 5CP Application Software 2,783.5 -1.2 -0.4 50.9 301.1 3.6
Venture Corporation
 V03 Electronic Manufacturing Services 2,329.0 7.1 7.1 16.8 25.2 6.5
STATS ChipPAC
 S24 Semiconductors 1,123.1 6.3 6.3 47.8 12.1 -
TPV Technology
 T18 Technology Hardware, Storage and Peripherals 692.0 -1.7 -1.7 18.8 2.3 0.8
GSH Corporation
 J16 Technology Distributors 721.6 -5.2 -4.5 -5.8 42.7 -
Hi-P International
 H17 Electronic Components 490.3 -17.8 -17.8 6.4 -29.9 2.1
iFAST Corporation
 AIY Internet Software and Services 354.7 25.2 25.9 - - -
GP Industries
 G20 Electronic Equipment and Instruments 337.8 15.0 15.0 58.9 108.5 6.8
Chuan Hup Holdings
 C33 Electronic Components 312.7 24.1 24.1 28.5 65.0 3.7
CSE Global
 544 IT Consulting and Other Services 299.3 -4.1 -1.5 1.9 24.8 5.9
Average       4.8 5.2 24.9 61.3 3.7

Source: SGX StockFacts (Data as of 4 May 2015)

Company Name SGX Code Last Price (SGD) 30 Day Moving Average (SGD) 52 Week High Price (SGD) 52 Week Low Price (SGD) 52-Week High Date 52-Week Low Date
Silverlake Axis
 5CP 1.240 1.360 1.470 0.850 09/04/15 05/05/14
Venture Corporation
 V03 8.430 8.490 8.670 7.150 16/04/15 05/05/14
STATS ChipPAC
 S24 0.510 0.505 0.775 0.335 29/08/14 14/05/14
TPV Technology
 T18 0.295 0.327 0.400 0.211 14/04/15 30/07/14
GSH Corporation
 J16 0.073 0.074 0.082 0.072 24/11/14 29/04/15
Hi-P International
 H17 0.600 0.603 0.790 0.535 29/01/15 21/05/14
iFAST Corporation
 AIY 1.360 1.290 1.410 0.975 17/02/15 11/12/14
GP Industries
 G20 0.690 0.675 0.710 0.430 09/04/15 09/05/14
Chuan Hup Holdings
 C33 0.335 0.332 0.350 0.250 16/04/15 10/12/14
CSE Global
 544 0.580 0.562 0.770 0.525 07/08/14 19/03/15

Source: SGX StockFacts (Data as of 4 May 2015)

Silverlake Axis

Silverlake Axis provides digital economy solutions and services to organizations in banking, insurance, payment, retail, and logistics industries. The company was founded in 1989 and is based in Singapore. Silverlake Axis is a subsidiary of Intelligentsia Holding Ltd. Silverlake Axis is the largest capitalised IT stock with a market capitalisation of S\$2,783.5 million. The five substantial shareholders are Goh Peng Ooi, CIMB-Principal Asset Management Bhd, Artemis Investment Management LLP, Thuan See Chuang, and Royal Bank of Canada.

Venture Corporation

Venture Corporation provides technology services, products, and solutions worldwide. The company operates through three segments: Electronics Services Provider, Retail Store Solutions and Industrial, and Component Technology. Venture Corporation was founded in 1984 and is headquartered in Singapore. Venture Corporation is the second largest capitalised IT stock with a market capitalisation of S\$2,329.0 million. The five substantial shareholders are Aberdeen Asset Management PLC, BNP Paribas, Sprucegrove Investment Management, Wong Ngit Liong, and Schroder Investment Management.

STATS ChipPAC

STATS ChipPAC provides semiconductor packaging design, bump, probe, assembly, test, and distribution services for communications, digital consumer, and computing market applications. STATS ChipPAC was founded in 1994 and is headquartered in Singapore. STATS ChipPAC operates as a subsidiary of Singapore Technologies Semiconductors Pte Ltd. STATS ChipPAC is the third largest capitalised IT stock with a market capitalisation of S\$1,123.1 million. The five substantial shareholders are Singapore Technologies Semiconductors, Morph Investments, DBS Group Holdings, CIMB-Principal Asset Management Bhd, and Lu Zu Liang.

TPV Technology

TPV Technology designs, manufactures, and distributes computer monitors and flat TV products worldwide. It operates through four segments: Monitors, TVs, TP Vision—TVs, and Others. TPV Technology was incorporated in 1998 and is based in Kwun Tong, Hong Kong. TPV Technology has a market capitalisation of S\$692.0 million, and the five substantial shareholders are China Electronics Corporation, Mitsui & Co., Innolux Corporation, Fidelity Investments, and Jason Hsuan.

GSH Corporation

GSH Corporation Limited as a property developer in Southeast Asia. The company was formerly known as JEL Corporation (Holdings) Ltd. and changed its name to GSH Corporation in May 2012. GSH Corporation was incorporated in 2001 and is based in Singapore. GSH Corporation has a market capitalisation of S\$721.6 million, and the five substantial shareholders are Goi Seng Hui, Ee Guan Hui, Goodview Properties, SkyVen Capital, and Golden Super Holdings.

Hi-P International

Hi-P International operates as a vertically integrated contract manufacturer serving the telecommunications, consumer electronics, computing and peripherals, and medical and industrial devices. It has operations primarily in the People's Republic of China, Poland, Singapore, Thailand, Taiwan, Europe, Malaysia, the United States, and the rest of Americas. The company was founded in 1980 and is headquartered in Singapore. Hi-P International has a market capitalisation of S\$490.3 million and the five substantial shareholders are Yao Hsiao Tung, Koch Industries, Inc., Fidelity Investments, Ecclesiastical Investment Management, and Kee Ser Phuay.

iFAST Corporation

iFAST Corporation operates as an Internet-based investment products distribution platform in Singapore, Hong Kong, Malaysia, and China. The company operates through two divisions, Business-to-Business (B2B) and Business-to-Consumer (B2C). The company was incorporated in 2000 and is headquartered in Singapore. iFAST Corporation has a market capitalisation of S\$354.7 million and the five substantial shareholders are Lim Chung Chun, Singapore Press Holdings, Lim Wee Kian, Ling Peng Meng, and Lion Global Investors.

GP Industries

GP Industries operates in the electronics and batteries industries primarily in Asia, Europe, Latin America, Canada, and the United States. The company was formerly known as GPE Industries and changed its name to GP Industries in June 2000. The company was incorporated in 1995 and is based in Singapore. GP Industries is a subsidiary of Gold Peak Industries (Holdings) Limited. GP Industries has a market capitalisation of S\$337.8 million and the five substantial shareholders are Gold Peak Industries (Holdings), Mighty Holdings, Diamond Coin Holdings, Ablewood International, and Dimensional Fund Advisors LP.

Chuan Hup Holdings

Chuan Hup Holdings invests in marine, manufacturing, property, and other investments sectors. It operates primarily in Singapore, the United States, the Philippines, Australia, the People’s Republic of China, and Indonesia. Chuan Hup Holdings was founded in 1970 and is based in Singapore. Chuan Hup Holdings has a market capitalisation of S\$312.7 million and the five substantial shareholders are Peh Kwee Chim, Norges Bank Investment Management, Dimensional Fund Advisors LP, DBS Group Holdings, and Lim & Tan Securities.

CSE Global

CSE Global provides integrated industrial automation, information technology, and intelligent transport solutions worldwide. CSE Global Limited was founded in 1985 and is headquartered in Singapore. CSE Global has a market capitalisation of S\$299.3 million and the five substantial shareholders are Chartered Asset Management, Tan Mok Koon, Fidelity Investments, FIL, and PPM America, Inc.