View Financial HealthKingboard Holdings 配当と自社株買い配当金 基準チェック /36Kingboard Holdingsは配当を支払う会社で、現在の利回りは2.8%ですが、利益によって十分にカバーされています。次の支払い日は 8th July, 2026で、権利落ち日は11th June, 2026 。主要情報2.8%配当利回りn/aバイバック利回り総株主利回りn/a将来の配当利回り3.5%配当成長3.6%次回配当支払日08 Jul 26配当落ち日11 Jun 26一株当たり配当金n/a配当性向45%最近の配当と自社株買いの更新Upcoming Dividend • Jun 04Upcoming dividend of HK$1.51 per shareEligible shareholders must have bought the stock before 11 June 2026. Payment date: 08 July 2026. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (0.8%).Declared Dividend • Aug 28First half dividend of HK$0.40 announcedShareholders will receive a dividend of HK$0.40. Ex-date: 13th December 2024 Payment date: 8th January 2025 Dividend yield will be 25%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 57% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.8% EPS decline seen over the last 5 years.お知らせ • Aug 26Kingboard Holdings Limited Announces Interim Cash Dividend for the Six Months Ended June 30, 2024, Payable on 08 January 2025Kingboard Holdings Limited announced cash interim dividend of HKD 0.4 per share for the six months ended June 30, 2024. Ex-dividend date is 13 December 2024. Record date is 18 December 2024. Payment date is 08 January 2025.Upcoming Dividend • Jun 05Upcoming dividend of HK$0.36 per shareEligible shareholders must have bought the stock before 12 June 2024. Payment date: 05 July 2024. Payout ratio is a comfortable 28% and the cash payout ratio is 90%. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.8%).Declared Dividend • Mar 20Final dividend of HK$0.36 announcedShareholders will receive a dividend of HK$0.36. Ex-date: 12th June 2024 Payment date: 5th July 2024 Dividend yield will be 24%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 69% to shift the payout ratio to a potentially unsustainable range, which is more than the 20% EPS decline seen over the last 5 years.Upcoming Dividend • Dec 05Upcoming dividend of HK$0.66 per share at 5.0% yieldEligible shareholders must have bought the stock before 12 December 2023. Payment date: 05 January 2024. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 5.0%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.6%).すべての更新を表示Recent updatesNew Risk • Jun 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 29% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (289% cash payout ratio). Large one-off items impacting financial results. Significant insider selling over the past 3 months (€50m sold).Upcoming Dividend • Jun 04Upcoming dividend of HK$1.51 per shareEligible shareholders must have bought the stock before 11 June 2026. Payment date: 08 July 2026. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (0.8%).Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €6.85, the stock trades at a trailing P/E ratio of 16.5x. Average forward P/E is 24x in the Electronic industry in Germany. Total returns to shareholders of 243% over the past three years.Board Change • May 20Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Liyin Xu was the last independent director to join the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Mar 16Kingboard Holdings Limited, Annual General Meeting, May 26, 2026Kingboard Holdings Limited, Annual General Meeting, May 26, 2026.お知らせ • Feb 24Kingboard Holdings Limited to Report Fiscal Year 2025 Results on Mar 16, 2026Kingboard Holdings Limited announced that they will report fiscal year 2025 results on Mar 16, 2026Board Change • Dec 30Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 5 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Stanley Chung was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.お知らせ • Oct 20Kingboard Holdings Limited Announces Resignation of Chen Maosheng as an Executive Director with Effect from 17 October 2025Kingboard Holdings Limited announced that Mr. Chen Maosheng, an Executive Director, has resigned from his directorship with effect from 17 October 2025 as he would like to devote more time to his other commitments. As at the date of this announcement, the Board of the Company consists of Messrs. Cheung Kwok Wing, Chang Wing Yiu, Cheung Kwong Kwan, Ho Yin Sang, Mr. Cheung Ka Shing, Ms. Ho Kin Fan and Mr. Chen Maosheng, being the executive directors and Messrs. Cheung Ming Man, Chong Kin Ki, Chan Wing Kee and Stanley Chung Wai Cheong, being the independent non-executive directors.お知らせ • Jul 25Kingboard Holdings Limited to Report First Half, 2025 Results on Aug 25, 2025Kingboard Holdings Limited announced that they will report first half, 2025 results on Aug 25, 2025お知らせ • Mar 24+ 2 more updatesKingboard Holdings Limited, Annual General Meeting, May 26, 2025Kingboard Holdings Limited, Annual General Meeting, May 26, 2025.お知らせ • Feb 05Kingboard Holdings Limited to Report Fiscal Year 2024 Results on Mar 24, 2025Kingboard Holdings Limited announced that they will report fiscal year 2024 results on Mar 24, 2025Recent Insider Transactions • Nov 14Co-Founder & Executive Chairman recently bought €1.0m worth of stockOn the 7th of November, Kwok Wing Cheung bought around 428k shares on-market at roughly €2.36 per share. This transaction amounted to 4.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €6.2m worth in shares.Valuation Update With 7 Day Price Move • Oct 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €2.20, the stock trades at a trailing P/E ratio of 9.9x. Average forward P/E is 16x in the Electronic industry in Germany. Total loss to shareholders of 33% over the past three years.Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €2.12, the stock trades at a trailing P/E ratio of 9.5x. Average forward P/E is 15x in the Electronic industry in Germany. Total loss to shareholders of 34% over the past three years.Recent Insider Transactions • Sep 12Co-Founder & Executive Chairman recently bought €559k worth of stockOn the 10th of September, Kwok Wing Cheung bought around 325k shares on-market at roughly €1.72 per share. This transaction amounted to 3.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €6.9m worth in shares.Declared Dividend • Aug 28First half dividend of HK$0.40 announcedShareholders will receive a dividend of HK$0.40. Ex-date: 13th December 2024 Payment date: 8th January 2025 Dividend yield will be 25%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 57% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.8% EPS decline seen over the last 5 years.Reported Earnings • Aug 28First half 2024 earnings released: EPS: HK$1.36 (vs HK$1.25 in 1H 2023)First half 2024 results: EPS: HK$1.36 (up from HK$1.25 in 1H 2023). Revenue: HK$20.4b (up 9.1% from 1H 2023). Net income: HK$1.51b (up 8.4% from 1H 2023). Profit margin: 7.4% (in line with 1H 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.New Risk • Aug 28New major risk - Revenue and earnings growthEarnings have declined by 4.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results.お知らせ • Aug 26Kingboard Holdings Limited Announces Interim Cash Dividend for the Six Months Ended June 30, 2024, Payable on 08 January 2025Kingboard Holdings Limited announced cash interim dividend of HKD 0.4 per share for the six months ended June 30, 2024. Ex-dividend date is 13 December 2024. Record date is 18 December 2024. Payment date is 08 January 2025.お知らせ • Aug 02Kingboard Holdings Limited to Report First Half, 2024 Results on Aug 26, 2024Kingboard Holdings Limited announced that they will report first half, 2024 results on Aug 26, 2024Buy Or Sell Opportunity • Jun 13Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to €2.10. The fair value is estimated to be €1.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years. Earnings per share has declined by 37%.Upcoming Dividend • Jun 05Upcoming dividend of HK$0.36 per shareEligible shareholders must have bought the stock before 12 June 2024. Payment date: 05 July 2024. Payout ratio is a comfortable 28% and the cash payout ratio is 90%. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.8%).Valuation Update With 7 Day Price Move • May 03Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €2.16, the stock trades at a trailing P/E ratio of 9.8x. Average forward P/E is 14x in the Electronic industry in Germany. Total loss to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.80 per share.Recent Insider Transactions • Apr 28Co-Founder & Executive Chairman recently bought €603k worth of stockOn the 23rd of April, Kwok Wing Cheung bought around 340k shares on-market at roughly €1.77 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €8.7m worth in shares.Reported Earnings • Apr 19Full year 2023 earnings released: EPS: HK$1.86 (vs HK$3.30 in FY 2022)Full year 2023 results: EPS: HK$1.86 (down from HK$3.30 in FY 2022). Revenue: HK$39.7b (down 20% from FY 2022). Net income: HK$2.06b (down 44% from FY 2022). Profit margin: 5.2% (down from 7.4% in FY 2022). Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.Recent Insider Transactions • Apr 14Co-Founder & Executive Chairman recently bought €325k worth of stockOn the 11th of April, Kwok Wing Cheung bought around 169k shares on-market at roughly €1.93 per share. This transaction amounted to 2.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €7.7m worth in shares.Recent Insider Transactions • Apr 11Co-Founder & Executive Chairman recently bought €208k worth of stockOn the 8th of April, Kwok Wing Cheung bought around 113k shares on-market at roughly €1.84 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €302k. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €7.5m worth in shares.Recent Insider Transactions • Mar 22Co-Founder & Executive Chairman recently bought €302k worth of stockOn the 20th of March, Kwok Wing Cheung bought around 150k shares on-market at roughly €2.01 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €7.0m worth in shares.お知らせ • Mar 20Kingboard Holdings Limited, Annual General Meeting, May 27, 2024Kingboard Holdings Limited, Annual General Meeting, May 27, 2024. Agenda: To consider the final dividend of HK36 cents per share.Declared Dividend • Mar 20Final dividend of HK$0.36 announcedShareholders will receive a dividend of HK$0.36. Ex-date: 12th June 2024 Payment date: 5th July 2024 Dividend yield will be 24%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 69% to shift the payout ratio to a potentially unsustainable range, which is more than the 20% EPS decline seen over the last 5 years.Reported Earnings • Mar 19Full year 2023 earnings released: EPS: HK$1.86 (vs HK$3.30 in FY 2022)Full year 2023 results: EPS: HK$1.86 (down from HK$3.30 in FY 2022). Revenue: HK$39.7b (down 20% from FY 2022). Net income: HK$2.06b (down 44% from FY 2022). Profit margin: 5.2% (down from 7.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.お知らせ • Feb 27Kingboard Holdings Limited to Report Fiscal Year 2023 Results on Mar 18, 2024Kingboard Holdings Limited announced that they will report fiscal year 2023 results on Mar 18, 2024お知らせ • Feb 20Kingboard Holdings Limited Provides Unaudited Earnings Guidance for the Year Ended 31 December 2023Kingboard Holdings Limited provided unaudited earnings guidance for the year ended December 31, 2023. For the period, the Group is expecting to record a net profit of not less than HKD 2.02 billion for the year ended 31 December 2023, representing a decrease in net profit of not more than 45% as compared with the corresponding period in 2022. The expected decrease in the net profits of the Group for the year ended 31 December 2023 is primarily attributable to (1) the decrease in unit selling price in the market of the laminates products and chemicals products of the Group, (2) the allowance for credit loss of a loan to Country Garden Holdings Limited made by the Group, and (3) the allowance for impairment loss for the unsold residential properties in Eastern China held by the Group.Upcoming Dividend • Dec 05Upcoming dividend of HK$0.66 per share at 5.0% yieldEligible shareholders must have bought the stock before 12 December 2023. Payment date: 05 January 2024. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 5.0%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.6%).Recent Insider Transactions • Oct 06Co-Founder & Executive Chairman recently bought €294k worth of stockOn the 3rd of October, Kwok Wing Cheung bought around 144k shares on-market at roughly €2.04 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €678k. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €5.4m worth in shares.Recent Insider Transactions • Sep 27Co-Founder & Executive Chairman recently bought €678k worth of stockOn the 22nd of September, Kwok Wing Cheung bought around 300k shares on-market at roughly €2.26 per share. This transaction amounted to 5.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €5.0m worth in shares.Recent Insider Transactions • Sep 03Co-Founder & Executive Chairman recently bought €311k worth of stockOn the 29th of August, Kwok Wing Cheung bought around 150k shares on-market at roughly €2.07 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €643k. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €1.9m worth in shares.お知らせ • Aug 29+ 1 more updateKingboard Holdings Limited Announces Special Interim Dividend for the Six Months Ended 30 June 2023, Payable on 05 January 2024Kingboard Holdings Limited announced special interim dividend of HKD 0.5 per share for the six months ended June 30, 2023. Ex-dividend date is 12 December 2023. Record date is 15 December 2023. Payment date is 05 January 2024.Reported Earnings • Aug 28First half 2023 earnings released: EPS: HK$1.25 (vs HK$2.17 in 1H 2022)First half 2023 results: EPS: HK$1.25 (down from HK$2.17 in 1H 2022). Revenue: HK$18.7b (down 33% from 1H 2022). Net income: HK$1.39b (down 42% from 1H 2022). Profit margin: 7.4% (down from 8.7% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 9% per year.お知らせ • Aug 04Kingboard Holdings Limited to Report First Half, 2023 Results on Aug 28, 2023Kingboard Holdings Limited announced that they will report first half, 2023 results on Aug 28, 2023New Risk • Jul 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.4% net profit margin). Significant insider selling over the past 3 months (€2.6m sold).New Risk • Jul 10New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €2.6m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.4% net profit margin). Significant insider selling over the past 3 months (€2.6m sold).Recent Insider Transactions • Jul 02Co-Founder & Executive Chairman recently bought €643k worth of stockOn the 27th of June, Kwok Wing Cheung bought around 268k shares on-market at roughly €2.40 per share. This transaction amounted to 5.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €1.4m worth in shares.Upcoming Dividend • Jun 07Upcoming dividend of HK$0.75 per share at 4.8% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 07 July 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.2%).Recent Insider Transactions • Jun 02Co-Founder & Executive Chairman recently bought €77k worth of stockOn the 31st of May, Kwok Wing Cheung bought around 30k shares on-market at roughly €2.57 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €163k. Despite this recent buy, Kwok Wing has been a net seller over the last 12 months, reducing personal holdings by €2.0m.Recent Insider Transactions • May 16Co-Founder & Executive Chairman recently bought €163k worth of stockOn the 12th of May, Kwok Wing Cheung bought around 60k shares on-market at roughly €2.72 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Kwok Wing has been a net seller over the last 12 months, reducing personal holdings by €2.1m.Recent Insider Transactions • Apr 12Co-Founder & Executive Chairman recently bought €136k worth of stockOn the 6th of April, Kwok Wing Cheung bought around 50k shares on-market at roughly €2.72 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Kwok Wing has been a net seller over the last 12 months, reducing personal holdings by €2.1m.Reported Earnings • Mar 28Full year 2022 earnings released: EPS: HK$3.30 (vs HK$9.73 in FY 2021)Full year 2022 results: EPS: HK$3.30 (down from HK$9.73 in FY 2021). Revenue: HK$49.4b (down 13% from FY 2021). Net income: HK$3.66b (down 66% from FY 2021). Profit margin: 7.4% (down from 19% in FY 2021). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • Jan 10Kingboard Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2022Kingboard Holdings Limited provided earnings guidance for the year ended 31 December 2022. The Group is expecting to record a net profit of approximately HKD 3.9 billion to HKD 4.5 billion for the year ended 31 December 2022, a decrease in net profit of approximately 58% to 64% as compared with the corresponding period in 2021. The expected decrease in the net profits of the Group for the year ended 31 December 2022 is primarily attributable to the decrease in both unit selling price and quantity of the laminates products, and the drop from high level in unit selling price of chemicals products manufactured and sold by the Group, and the allowance for credit loss of bonds investments held by the Group.Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to €3.34, the stock trades at a trailing P/E ratio of 3.6x. Average forward P/E is 18x in the Electronic industry in Germany. Total returns to shareholders of 45% over the past three years.Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to €3.18, the stock trades at a trailing P/E ratio of 3.5x. Average forward P/E is 20x in the Electronic industry in Germany. Total returns to shareholders of 50% over the past three years.Upcoming Dividend • Nov 29Upcoming dividend of HK$0.30 per shareEligible shareholders must have bought the stock before 06 December 2022. Payment date: 06 January 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.0%).Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Stanley Chung was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to €3.16, the stock trades at a trailing P/E ratio of 3.4x. Average forward P/E is 15x in the Electronic industry in Germany. Total returns to shareholders of 65% over the past three years.Reported Earnings • Aug 30First half 2022 earnings released: EPS: HK$0 (vs HK$4.57 in 1H 2021)First half 2022 results: EPS: HK$0 (down from HK$4.57 in 1H 2021). Revenue: HK$27.8b (up 4.2% from 1H 2021). Net income: HK$2.41b (down 52% from 1H 2021). Profit margin: 8.7% (down from 19% in 1H 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 4.7% compared to a 16% growth forecast for the Electronic industry in Germany.お知らせ • Aug 30Kingboard Holdings Limited Proposes Interim Dividend for the Six Months Ended 30 June 2022, Payable on 06 January 2023Kingboard Holdings Limited proposed interim dividend for the six months ended 30 June 2022 of HKD 0.3 per share. Ex-dividend date is 06 December 2022. Record date is 09 December 2022. Payment date is 06 January 2023.お知らせ • Jul 16Kingboard Holdings Limited Provides Earnings Guidance for the Six Months Ended June 30, 2022Kingboard Holdings Limited provided earnings guidance for the six months ended June 30, 2022. Group is expecting to record a net profit of approximately HKD 2.2 billion to HKD 2.7 billion in the Reporting Period, a decrease in net profit of approximately 47% to 57% as compared with the corresponding period last year.Recent Insider Transactions • Jun 25Co-Founder & Executive Chairman recently sold €911k worth of stockOn the 16th of June, Kwok Wing Cheung sold around 221k shares on-market at roughly €4.12 per share. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €5.5m worth of shares.Recent Insider Transactions • Jun 22Co-Founder & Executive Chairman recently sold €911k worth of stockOn the 16th of June, Kwok Wing Cheung sold around 221k shares on-market at roughly €4.12 per share. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €5.5m worth of shares.Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €3.82, the stock trades at a trailing P/E ratio of 3.3x. Average forward P/E is 19x in the Electronic industry in Germany. Total returns to shareholders of 103% over the past three years.Upcoming Dividend • Jun 08Upcoming dividend of HK$2.44 per shareEligible shareholders must have bought the stock before 15 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (1.0%).Recent Insider Transactions • May 05Co-Founder & Executive Chairman recently bought €81k worth of stockOn the 3rd of May, Kwok Wing Cheung bought around 19k shares on-market at roughly €4.28 per share. In the last 3 months, there was an even bigger purchase from another insider worth €951k. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €6.2m worth in shares.Recent Insider Transactions • Apr 27Board Member recently bought €433k worth of stockOn the 19th of April, Yin Sang Ho bought around 100k shares on-market at roughly €4.33 per share. In the last 3 months, they made an even bigger purchase worth €951k. Despite this recent purchase, insiders have collectively sold €12m more in shares than they bought in the last 12 months.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Stanley Chung was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Recent Insider Transactions • Apr 21Board Member recently bought €433k worth of stockOn the 19th of April, Yin Sang Ho bought around 100k shares on-market at roughly €4.33 per share. In the last 3 months, they made an even bigger purchase worth €951k. Despite this recent purchase, insiders have collectively sold €11m more in shares than they bought in the last 12 months.お知らせ • Apr 20+ 1 more updateKingboard Holdings Limited, Annual General Meeting, May 23, 2022Kingboard Holdings Limited, Annual General Meeting, May 23, 2022, at 10:00 China Standard Time. Location: 25/F., Delta House, 3 On Yiu Street, Shek Mun, Shatin New Territories Hong Kong Agenda: To receive and consider the audited financial statements and the directors' report and the independent auditor's report thereon for the year ended 31 December 2021; to declare a final dividend; to authorise the board of directors of the Company to fix its directors' remuneration; to re-appoint auditors and to authorise the Company's board of directors to fix their remuneration; and to discuss other matters.Recent Insider Transactions • Mar 24Board Member recently bought €951k worth of stockOn the 18th of March, Yin Sang Ho bought around 218k shares on-market at roughly €4.37 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €27m more in shares than they bought in the last 12 months.Reported Earnings • Mar 19Full year 2021 earnings: Revenues miss analyst expectationsFull year 2021 results: Revenue: HK$56.8b (up 30% from FY 2020). Net income: HK$10.8b (up 129% from FY 2020). Profit margin: 19% (up from 11% in FY 2020). Revenue missed analyst estimates by 9.5%. Over the next year, revenue is forecast to grow 20%, compared to a 22% growth forecast for the industry in Germany.お知らせ • Mar 06Kingboard Holdings Limited to Report Fiscal Year 2021 Results on Mar 18, 2022Kingboard Holdings Limited announced that they will report fiscal year 2021 results on Mar 18, 2022お知らせ • Jan 19Kingboard Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2021The board of directors of KBH informed shareholders and potential investors of KBH that, based on the preliminary review of the unaudited management accounts of the Group for the year ended 31 December 2021 and the information currently available to the KBH Board, the Group is expecting to record a net profit of approximately HKD 10 billion to HKD 11 billion for the year ended 31 December 2021, an increase of approximately 113% to 134% as compared with the corresponding period in 2020. The substantial increase in the net profits of the Group for the year ended 31 December 2021 is primarily attributable to the following factors including: The market demand has stayed strong, and the unit prices of products in various departments of the Group have risen sharply compared with the corresponding period in 2020; The Group's subsidiary, Kingboard Laminates Holdings Limited recorded a considerable increase in profit during the year ended 31 December 2021; The investment income of the Group increased significantly compared with the same period in 2020. The KBH Board believes that the increase in the net profit is also attributable to the Group's strong and comprehensive vertical integration business model.Recent Insider Transactions • Jan 08Chief Executive recently bought €111k worth of stockOn the 6th of January, Wing Yiu Chang bought around 27k shares on-market at roughly €4.13 per share. In the last 3 months, there was an even bigger purchase from another insider worth €3.7m. Wing Yiu has been a buyer over the last 12 months, purchasing a net total of €1.2m worth in shares.Recent Insider Transactions • Dec 09Co-Founder & Executive Chairman recently bought €438k worth of stockOn the 6th of December, Kwok Wing Cheung bought around 100k shares on-market at roughly €4.38 per share. In the last 3 months, there was an even bigger purchase from another insider worth €3.7m. Despite this recent buy, Kwok Wing has been a net seller over the last 12 months, reducing personal holdings by €7.0m.Upcoming Dividend • Nov 30Upcoming dividend of HK$0.56 per shareEligible shareholders must have bought the stock before 07 December 2021. Payment date: 07 January 2022. Trailing yield: 6.5%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (0.6%).Recent Insider Transactions • Oct 29Co-Founder & Executive Chairman recently bought €380k worth of stockOn the 27th of October, Kwok Wing Cheung bought around 100k shares on-market at roughly €3.80 per share. In the last 3 months, they made an even bigger purchase worth €946k. Despite this recent buy, Kwok Wing has been a net seller over the last 12 months, reducing personal holdings by €7.9m.Executive Departure • Oct 06Executive Director Wai Lin Cheung has left the companyOn the 1st of October, Wai Lin Cheung's tenure as Executive Director ended after 14.7 years in the role. As of June 2021, Wai Lin still personally held 694.00k shares (€3.2m worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 10.75 years.Recent Insider Transactions • Sep 22Co-Founder & Executive Chairman recently bought €381k worth of stockOn the 20th of September, Kwok Wing Cheung bought around 100k shares on-market at roughly €3.81 per share. In the last 3 months, they made an even bigger purchase worth €946k. Despite this recent buy, Kwok Wing has been a net seller over the last 12 months, reducing personal holdings by €8.8m.Recent Insider Transactions • Sep 03Co-Founder & Executive Chairman recently bought €165k worth of stockOn the 31st of August, Kwok Wing Cheung bought around 40k shares on-market at roughly €4.13 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Kwok Wing has been a net seller over the last 12 months, reducing personal holdings by €11m.Reported Earnings • Sep 01First half 2021 earnings released: EPS HK$4.57 (vs HK$0.96 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$26.7b (up 34% from 1H 2020). Net income: HK$5.06b (up 378% from 1H 2020). Profit margin: 19% (up from 5.3% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.Recent Insider Transactions • Jul 20Board Member recently sold €959k worth of stockOn the 15th of July, Yin Sang Ho sold around 200k shares on-market at roughly €4.79 per share. In the last 3 months, they made an even bigger sale worth €3.0m. Insiders have been net sellers, collectively disposing of €34m more than they bought in the last 12 months.お知らせ • Jul 14Kingboard Holdings Limited Provides Unaudited Earnings Guidance for the Six Months Ended June 30, 2021Kingboard Holdings Limited provided unaudited earnings guidance for the six months ended June 30, 2021. For the six months, the Group is expecting to record an increase in net profit of 350% to 400% in the Reporting Period as compared with the corresponding period last year. The substantial increase in the net profits of the Group in the Reporting Period is primarily attributable to factors including: 1. The market demand has stayed strong, and the unit prices of products in various departments of the Group have risen sharply; 2. The Group's subsidiary - Kingboard Laminates Holdings Limited recorded a considerable increase in profit during the Reporting Period; 3. The investment income of the Group increased significantly compared with the same period last year.Recent Insider Transactions • Jul 01Board Member recently sold €3.0m worth of stockOn the 24th of June, Yin Sang Ho sold around 627k shares on-market at roughly €4.82 per share. In the last 3 months, there was an even bigger sale from another insider worth €5.8m. Insiders have been net sellers, collectively disposing of €30m more than they bought in the last 12 months.Recent Insider Transactions • Jun 12Board Member recently sold €1.8m worth of stockOn the 8th of June, Yin Sang Ho sold around 385k shares on-market at roughly €4.62 per share. In the last 3 months, there was an even bigger sale from another insider worth €5.8m. Insiders have been net sellers, collectively disposing of €19m more than they bought in the last 12 months.Recent Insider Transactions • May 29Board Member recently sold €2.3m worth of stockOn the 27th of May, Yin Sang Ho sold around 500k shares on-market at roughly €4.52 per share. In the last 3 months, there was an even bigger sale from another insider worth €5.8m. Insiders have been net sellers, collectively disposing of €15m more than they bought in the last 12 months.Upcoming Dividend • May 19Upcoming dividend of HK$2.00 per shareEligible shareholders must have bought the stock before 26 May 2021. Payment date: 11 June 2021. Trailing yield: 5.1%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.8%).Recent Insider Transactions • May 13Independent Non-Executive Director recently sold €97k worth of stockOn the 7th of May, Kin Ki Chong sold around 20k shares on-market at roughly €4.86 per share. In the last 3 months, there was an even bigger sale from another insider worth €5.8m. Insiders have been net sellers, collectively disposing of €9.5m more than they bought in the last 12 months.Recent Insider Transactions • Apr 27Board Member recently bought €903k worth of stockOn the 23rd of April, Yin Sang Ho bought around 200k shares on-market at roughly €4.51 per share. In the last 3 months, they made an even bigger purchase worth €2.0m. Despite this recent purchase, insiders have collectively sold €8.9m more in shares than they bought in the last 12 months.Reported Earnings • Apr 21Full year 2020 earnings released: EPS HK$4.26 (vs HK$2.85 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$43.5b (up 5.7% from FY 2019). Net income: HK$4.70b (up 52% from FY 2019). Profit margin: 11% (up from 7.5% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.Recent Insider Transactions • Apr 10Independent Non-Executive Director recently sold €190k worth of stockOn the 7th of April, Kin Ki Chong sold around 40k shares on-market at roughly €4.76 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.4m. Despite this recent sale, insiders have collectively bought €3.4m more than they sold in the last 12 months.お知らせ • Apr 08Kingboard Holdings Limited Provides Group Earnings Guidance for the Three Months Ended 31 March 2021Kingboard Holdings Limited provided group earnings guidance for the three months ended 31 March 2021. The company is expecting to record an increase of over 100% in the net profit for the three months ended 31 March 2021 as compared with the six months ended 30 June 2020.Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improved over the past weekAfter last week's 17% share price gain to HK$4.58, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 29x in the Electronic industry in Germany. Total returns to shareholders of 57% over the past three years.Recent Insider Transactions • Mar 25Board Member recently bought €2.0m worth of stockOn the 22nd of March, Yin Sang Ho bought around 500k shares on-market at roughly €4.06 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €6.7m more in shares than they have sold in the last 12 months.お知らせ • Mar 24Kingboard Holdings Limited Proposes Special Dividend for the Year Ended December 31, 2020, Payable on June 11, 2021Kingboard Holdings Limited proposed special final dividend of 100 cents per share (special final dividend of 50 cents per ordinary share) the payment of which is subject to approval by the shareholders at the forthcoming annual general meeting of the company to be held on 24 May 2021 is to be payable on 11 June 2021 to shareholders whose names appear on the Register of Members of the company on 1 June 2021.Reported Earnings • Mar 23Full year 2020 earnings released: EPS HK$4.26 (vs HK$2.85 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$43.5b (up 5.7% from FY 2019). Net income: HK$4.70b (up 52% from FY 2019). Profit margin: 11% (up from 7.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.お知らせ • Mar 05Kingboard Holdings Limited to Report Fiscal Year 2020 Results on Mar 22, 2021Kingboard Holdings Limited announced that they will report fiscal year 2020 results on Mar 22, 2021Is New 90 Day High Low • Feb 11New 90-day high: €3.74The company is up 31% from its price of €2.86 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 20% over the same period.決済の安定と成長配当データの取得安定した配当: KGZの配当金支払いは、過去10年間 変動性 が高かった。増加する配当: KGZの配当金は過去10年間にわたって増加しています。配当利回り対市場Kingboard Holdings 配当利回り対市場KGZ 配当利回りは市場と比べてどうか？セグメント配当利回り会社 (KGZ)2.8%市場下位25% (DE)1.5%市場トップ25% (DE)4.7%業界平均 (Electronic)0.8%アナリスト予想 (KGZ) (最長3年)3.5%注目すべき配当: KGZの配当金 ( 2.8% ) はGerman市場の配当金支払者の下位 25% ( 1.5% ) よりも高くなっています。高配当: KGZの配当金 ( 2.8% ) はGerman市場の配当金支払者の上位 25% ( 4.65% ) と比較すると低いです。株主への利益配当収益カバレッジ: KGZの 配当性向 ( 45.3% ) はかなり低いため、配当金の支払いは利益によって十分にカバーされます。株主配当金キャッシュフローカバレッジ: KGZは高い 現金配当性向 ( 289% ) のため、配当金の支払いはキャッシュフローで十分にカバーされていません。高配当企業の発掘7D1Y7D1Y7D1YDE 市場の強力な配当支払い企業。View Management企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/11 06:39終値2026/06/11 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Kingboard Holdings Limited 2 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。11 アナリスト機関Joon-Ho LeeBofA Global ResearchLinxiao SunCitic Securities Co., Ltd.Mingxin SunCitic Securities Co., Ltd.8 その他のアナリストを表示
Upcoming Dividend • Jun 04Upcoming dividend of HK$1.51 per shareEligible shareholders must have bought the stock before 11 June 2026. Payment date: 08 July 2026. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (0.8%).
Declared Dividend • Aug 28First half dividend of HK$0.40 announcedShareholders will receive a dividend of HK$0.40. Ex-date: 13th December 2024 Payment date: 8th January 2025 Dividend yield will be 25%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 57% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.8% EPS decline seen over the last 5 years.
お知らせ • Aug 26Kingboard Holdings Limited Announces Interim Cash Dividend for the Six Months Ended June 30, 2024, Payable on 08 January 2025Kingboard Holdings Limited announced cash interim dividend of HKD 0.4 per share for the six months ended June 30, 2024. Ex-dividend date is 13 December 2024. Record date is 18 December 2024. Payment date is 08 January 2025.
Upcoming Dividend • Jun 05Upcoming dividend of HK$0.36 per shareEligible shareholders must have bought the stock before 12 June 2024. Payment date: 05 July 2024. Payout ratio is a comfortable 28% and the cash payout ratio is 90%. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.8%).
Declared Dividend • Mar 20Final dividend of HK$0.36 announcedShareholders will receive a dividend of HK$0.36. Ex-date: 12th June 2024 Payment date: 5th July 2024 Dividend yield will be 24%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 69% to shift the payout ratio to a potentially unsustainable range, which is more than the 20% EPS decline seen over the last 5 years.
Upcoming Dividend • Dec 05Upcoming dividend of HK$0.66 per share at 5.0% yieldEligible shareholders must have bought the stock before 12 December 2023. Payment date: 05 January 2024. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 5.0%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.6%).
New Risk • Jun 09New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 16% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 29% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (289% cash payout ratio). Large one-off items impacting financial results. Significant insider selling over the past 3 months (€50m sold).
Upcoming Dividend • Jun 04Upcoming dividend of HK$1.51 per shareEligible shareholders must have bought the stock before 11 June 2026. Payment date: 08 July 2026. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 3.9%. Lower than top quartile of German dividend payers (4.6%). Higher than average of industry peers (0.8%).
Valuation Update With 7 Day Price Move • May 28Investor sentiment improves as stock rises 19%After last week's 19% share price gain to €6.85, the stock trades at a trailing P/E ratio of 16.5x. Average forward P/E is 24x in the Electronic industry in Germany. Total returns to shareholders of 243% over the past three years.
Board Change • May 20Less than half of directors are independentThere is 1 new director who has joined the board in the last 3 years. The new board member was an independent director. The company's board is composed of: 1 new director. 5 experienced directors. 4 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Liyin Xu was the last independent director to join the board, commencing their role in 2026. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Mar 16Kingboard Holdings Limited, Annual General Meeting, May 26, 2026Kingboard Holdings Limited, Annual General Meeting, May 26, 2026.
お知らせ • Feb 24Kingboard Holdings Limited to Report Fiscal Year 2025 Results on Mar 16, 2026Kingboard Holdings Limited announced that they will report fiscal year 2025 results on Mar 16, 2026
Board Change • Dec 30Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 5 highly experienced directors. 4 independent directors (6 non-independent directors). Independent Non-Executive Director Stanley Chung was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
お知らせ • Oct 20Kingboard Holdings Limited Announces Resignation of Chen Maosheng as an Executive Director with Effect from 17 October 2025Kingboard Holdings Limited announced that Mr. Chen Maosheng, an Executive Director, has resigned from his directorship with effect from 17 October 2025 as he would like to devote more time to his other commitments. As at the date of this announcement, the Board of the Company consists of Messrs. Cheung Kwok Wing, Chang Wing Yiu, Cheung Kwong Kwan, Ho Yin Sang, Mr. Cheung Ka Shing, Ms. Ho Kin Fan and Mr. Chen Maosheng, being the executive directors and Messrs. Cheung Ming Man, Chong Kin Ki, Chan Wing Kee and Stanley Chung Wai Cheong, being the independent non-executive directors.
お知らせ • Jul 25Kingboard Holdings Limited to Report First Half, 2025 Results on Aug 25, 2025Kingboard Holdings Limited announced that they will report first half, 2025 results on Aug 25, 2025
お知らせ • Mar 24+ 2 more updatesKingboard Holdings Limited, Annual General Meeting, May 26, 2025Kingboard Holdings Limited, Annual General Meeting, May 26, 2025.
お知らせ • Feb 05Kingboard Holdings Limited to Report Fiscal Year 2024 Results on Mar 24, 2025Kingboard Holdings Limited announced that they will report fiscal year 2024 results on Mar 24, 2025
Recent Insider Transactions • Nov 14Co-Founder & Executive Chairman recently bought €1.0m worth of stockOn the 7th of November, Kwok Wing Cheung bought around 428k shares on-market at roughly €2.36 per share. This transaction amounted to 4.5% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €6.2m worth in shares.
Valuation Update With 7 Day Price Move • Oct 14Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to €2.20, the stock trades at a trailing P/E ratio of 9.9x. Average forward P/E is 16x in the Electronic industry in Germany. Total loss to shareholders of 33% over the past three years.
Valuation Update With 7 Day Price Move • Sep 27Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €2.12, the stock trades at a trailing P/E ratio of 9.5x. Average forward P/E is 15x in the Electronic industry in Germany. Total loss to shareholders of 34% over the past three years.
Recent Insider Transactions • Sep 12Co-Founder & Executive Chairman recently bought €559k worth of stockOn the 10th of September, Kwok Wing Cheung bought around 325k shares on-market at roughly €1.72 per share. This transaction amounted to 3.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €6.9m worth in shares.
Declared Dividend • Aug 28First half dividend of HK$0.40 announcedShareholders will receive a dividend of HK$0.40. Ex-date: 13th December 2024 Payment date: 8th January 2025 Dividend yield will be 25%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (45% cash payout ratio). The dividend has increased by an average of 5.7% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 57% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.8% EPS decline seen over the last 5 years.
Reported Earnings • Aug 28First half 2024 earnings released: EPS: HK$1.36 (vs HK$1.25 in 1H 2023)First half 2024 results: EPS: HK$1.36 (up from HK$1.25 in 1H 2023). Revenue: HK$20.4b (up 9.1% from 1H 2023). Net income: HK$1.51b (up 8.4% from 1H 2023). Profit margin: 7.4% (in line with 1H 2023). Revenue is forecast to grow 10% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings.
New Risk • Aug 28New major risk - Revenue and earnings growthEarnings have declined by 4.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 4.9% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results.
お知らせ • Aug 26Kingboard Holdings Limited Announces Interim Cash Dividend for the Six Months Ended June 30, 2024, Payable on 08 January 2025Kingboard Holdings Limited announced cash interim dividend of HKD 0.4 per share for the six months ended June 30, 2024. Ex-dividend date is 13 December 2024. Record date is 18 December 2024. Payment date is 08 January 2025.
お知らせ • Aug 02Kingboard Holdings Limited to Report First Half, 2024 Results on Aug 26, 2024Kingboard Holdings Limited announced that they will report first half, 2024 results on Aug 26, 2024
Buy Or Sell Opportunity • Jun 13Now 21% overvalued after recent price riseOver the last 90 days, the stock has risen 23% to €2.10. The fair value is estimated to be €1.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 6.4% over the last 3 years. Earnings per share has declined by 37%.
Upcoming Dividend • Jun 05Upcoming dividend of HK$0.36 per shareEligible shareholders must have bought the stock before 12 June 2024. Payment date: 05 July 2024. Payout ratio is a comfortable 28% and the cash payout ratio is 90%. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.5%). Higher than average of industry peers (1.8%).
Valuation Update With 7 Day Price Move • May 03Investor sentiment improves as stock rises 18%After last week's 18% share price gain to €2.16, the stock trades at a trailing P/E ratio of 9.8x. Average forward P/E is 14x in the Electronic industry in Germany. Total loss to shareholders of 43% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at €1.80 per share.
Recent Insider Transactions • Apr 28Co-Founder & Executive Chairman recently bought €603k worth of stockOn the 23rd of April, Kwok Wing Cheung bought around 340k shares on-market at roughly €1.77 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €8.7m worth in shares.
Reported Earnings • Apr 19Full year 2023 earnings released: EPS: HK$1.86 (vs HK$3.30 in FY 2022)Full year 2023 results: EPS: HK$1.86 (down from HK$3.30 in FY 2022). Revenue: HK$39.7b (down 20% from FY 2022). Net income: HK$2.06b (down 44% from FY 2022). Profit margin: 5.2% (down from 7.4% in FY 2022). Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 28% per year, which means it has not declined as severely as earnings.
Recent Insider Transactions • Apr 14Co-Founder & Executive Chairman recently bought €325k worth of stockOn the 11th of April, Kwok Wing Cheung bought around 169k shares on-market at roughly €1.93 per share. This transaction amounted to 2.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €7.7m worth in shares.
Recent Insider Transactions • Apr 11Co-Founder & Executive Chairman recently bought €208k worth of stockOn the 8th of April, Kwok Wing Cheung bought around 113k shares on-market at roughly €1.84 per share. This transaction amounted to 1.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €302k. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €7.5m worth in shares.
Recent Insider Transactions • Mar 22Co-Founder & Executive Chairman recently bought €302k worth of stockOn the 20th of March, Kwok Wing Cheung bought around 150k shares on-market at roughly €2.01 per share. This transaction amounted to 2.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €7.0m worth in shares.
お知らせ • Mar 20Kingboard Holdings Limited, Annual General Meeting, May 27, 2024Kingboard Holdings Limited, Annual General Meeting, May 27, 2024. Agenda: To consider the final dividend of HK36 cents per share.
Declared Dividend • Mar 20Final dividend of HK$0.36 announcedShareholders will receive a dividend of HK$0.36. Ex-date: 12th June 2024 Payment date: 5th July 2024 Dividend yield will be 24%, which is higher than the industry average of 1.4%. Sustainability & Growth Dividend is well covered by both earnings (28% earnings payout ratio) and cash flows (18% cash payout ratio). The dividend has increased by an average of 1.8% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to decline by 69% to shift the payout ratio to a potentially unsustainable range, which is more than the 20% EPS decline seen over the last 5 years.
Reported Earnings • Mar 19Full year 2023 earnings released: EPS: HK$1.86 (vs HK$3.30 in FY 2022)Full year 2023 results: EPS: HK$1.86 (down from HK$3.30 in FY 2022). Revenue: HK$39.7b (down 20% from FY 2022). Net income: HK$2.06b (down 44% from FY 2022). Profit margin: 5.2% (down from 7.4% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 8.7% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 37% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
お知らせ • Feb 27Kingboard Holdings Limited to Report Fiscal Year 2023 Results on Mar 18, 2024Kingboard Holdings Limited announced that they will report fiscal year 2023 results on Mar 18, 2024
お知らせ • Feb 20Kingboard Holdings Limited Provides Unaudited Earnings Guidance for the Year Ended 31 December 2023Kingboard Holdings Limited provided unaudited earnings guidance for the year ended December 31, 2023. For the period, the Group is expecting to record a net profit of not less than HKD 2.02 billion for the year ended 31 December 2023, representing a decrease in net profit of not more than 45% as compared with the corresponding period in 2022. The expected decrease in the net profits of the Group for the year ended 31 December 2023 is primarily attributable to (1) the decrease in unit selling price in the market of the laminates products and chemicals products of the Group, (2) the allowance for credit loss of a loan to Country Garden Holdings Limited made by the Group, and (3) the allowance for impairment loss for the unsold residential properties in Eastern China held by the Group.
Upcoming Dividend • Dec 05Upcoming dividend of HK$0.66 per share at 5.0% yieldEligible shareholders must have bought the stock before 12 December 2023. Payment date: 05 January 2024. Payout ratio is a comfortable 38% but the company is paying out more than the cash it is generating. Trailing yield: 5.0%. Lower than top quartile of German dividend payers (5.1%). Higher than average of industry peers (1.6%).
Recent Insider Transactions • Oct 06Co-Founder & Executive Chairman recently bought €294k worth of stockOn the 3rd of October, Kwok Wing Cheung bought around 144k shares on-market at roughly €2.04 per share. This transaction amounted to 2.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €678k. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €5.4m worth in shares.
Recent Insider Transactions • Sep 27Co-Founder & Executive Chairman recently bought €678k worth of stockOn the 22nd of September, Kwok Wing Cheung bought around 300k shares on-market at roughly €2.26 per share. This transaction amounted to 5.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €5.0m worth in shares.
Recent Insider Transactions • Sep 03Co-Founder & Executive Chairman recently bought €311k worth of stockOn the 29th of August, Kwok Wing Cheung bought around 150k shares on-market at roughly €2.07 per share. This transaction amounted to 3.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €643k. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €1.9m worth in shares.
お知らせ • Aug 29+ 1 more updateKingboard Holdings Limited Announces Special Interim Dividend for the Six Months Ended 30 June 2023, Payable on 05 January 2024Kingboard Holdings Limited announced special interim dividend of HKD 0.5 per share for the six months ended June 30, 2023. Ex-dividend date is 12 December 2023. Record date is 15 December 2023. Payment date is 05 January 2024.
Reported Earnings • Aug 28First half 2023 earnings released: EPS: HK$1.25 (vs HK$2.17 in 1H 2022)First half 2023 results: EPS: HK$1.25 (down from HK$2.17 in 1H 2022). Revenue: HK$18.7b (down 33% from 1H 2022). Net income: HK$1.39b (down 42% from 1H 2022). Profit margin: 7.4% (down from 8.7% in 1H 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has fallen by 4% per year whereas the company’s share price has fallen by 9% per year.
お知らせ • Aug 04Kingboard Holdings Limited to Report First Half, 2023 Results on Aug 28, 2023Kingboard Holdings Limited announced that they will report first half, 2023 results on Aug 28, 2023
New Risk • Jul 26New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.4% net profit margin). Significant insider selling over the past 3 months (€2.6m sold).
New Risk • Jul 10New minor risk - Insider sellingThere has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €2.6m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (7.4% net profit margin). Significant insider selling over the past 3 months (€2.6m sold).
Recent Insider Transactions • Jul 02Co-Founder & Executive Chairman recently bought €643k worth of stockOn the 27th of June, Kwok Wing Cheung bought around 268k shares on-market at roughly €2.40 per share. This transaction amounted to 5.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €1.4m worth in shares.
Upcoming Dividend • Jun 07Upcoming dividend of HK$0.75 per share at 4.8% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 07 July 2023. Payout ratio is a comfortable 32% and this is well supported by cash flows. Trailing yield: 4.8%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.2%).
Recent Insider Transactions • Jun 02Co-Founder & Executive Chairman recently bought €77k worth of stockOn the 31st of May, Kwok Wing Cheung bought around 30k shares on-market at roughly €2.57 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €163k. Despite this recent buy, Kwok Wing has been a net seller over the last 12 months, reducing personal holdings by €2.0m.
Recent Insider Transactions • May 16Co-Founder & Executive Chairman recently bought €163k worth of stockOn the 12th of May, Kwok Wing Cheung bought around 60k shares on-market at roughly €2.72 per share. This transaction amounted to 1.2% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Kwok Wing has been a net seller over the last 12 months, reducing personal holdings by €2.1m.
Recent Insider Transactions • Apr 12Co-Founder & Executive Chairman recently bought €136k worth of stockOn the 6th of April, Kwok Wing Cheung bought around 50k shares on-market at roughly €2.72 per share. This transaction amounted to 1.0% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Kwok Wing has been a net seller over the last 12 months, reducing personal holdings by €2.1m.
Reported Earnings • Mar 28Full year 2022 earnings released: EPS: HK$3.30 (vs HK$9.73 in FY 2021)Full year 2022 results: EPS: HK$3.30 (down from HK$9.73 in FY 2021). Revenue: HK$49.4b (down 13% from FY 2021). Net income: HK$3.66b (down 66% from FY 2021). Profit margin: 7.4% (down from 19% in FY 2021). Revenue is forecast to grow 8.6% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • Jan 10Kingboard Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2022Kingboard Holdings Limited provided earnings guidance for the year ended 31 December 2022. The Group is expecting to record a net profit of approximately HKD 3.9 billion to HKD 4.5 billion for the year ended 31 December 2022, a decrease in net profit of approximately 58% to 64% as compared with the corresponding period in 2021. The expected decrease in the net profits of the Group for the year ended 31 December 2022 is primarily attributable to the decrease in both unit selling price and quantity of the laminates products, and the drop from high level in unit selling price of chemicals products manufactured and sold by the Group, and the allowance for credit loss of bonds investments held by the Group.
Valuation Update With 7 Day Price Move • Jan 07Investor sentiment improved over the past weekAfter last week's 16% share price gain to €3.34, the stock trades at a trailing P/E ratio of 3.6x. Average forward P/E is 18x in the Electronic industry in Germany. Total returns to shareholders of 45% over the past three years.
Valuation Update With 7 Day Price Move • Dec 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to €3.18, the stock trades at a trailing P/E ratio of 3.5x. Average forward P/E is 20x in the Electronic industry in Germany. Total returns to shareholders of 50% over the past three years.
Upcoming Dividend • Nov 29Upcoming dividend of HK$0.30 per shareEligible shareholders must have bought the stock before 06 December 2022. Payment date: 06 January 2023. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 11%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.0%).
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Stanley Chung was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Sep 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to €3.16, the stock trades at a trailing P/E ratio of 3.4x. Average forward P/E is 15x in the Electronic industry in Germany. Total returns to shareholders of 65% over the past three years.
Reported Earnings • Aug 30First half 2022 earnings released: EPS: HK$0 (vs HK$4.57 in 1H 2021)First half 2022 results: EPS: HK$0 (down from HK$4.57 in 1H 2021). Revenue: HK$27.8b (up 4.2% from 1H 2021). Net income: HK$2.41b (down 52% from 1H 2021). Profit margin: 8.7% (down from 19% in 1H 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is expected to shrink by 4.7% compared to a 16% growth forecast for the Electronic industry in Germany.
お知らせ • Aug 30Kingboard Holdings Limited Proposes Interim Dividend for the Six Months Ended 30 June 2022, Payable on 06 January 2023Kingboard Holdings Limited proposed interim dividend for the six months ended 30 June 2022 of HKD 0.3 per share. Ex-dividend date is 06 December 2022. Record date is 09 December 2022. Payment date is 06 January 2023.
お知らせ • Jul 16Kingboard Holdings Limited Provides Earnings Guidance for the Six Months Ended June 30, 2022Kingboard Holdings Limited provided earnings guidance for the six months ended June 30, 2022. Group is expecting to record a net profit of approximately HKD 2.2 billion to HKD 2.7 billion in the Reporting Period, a decrease in net profit of approximately 47% to 57% as compared with the corresponding period last year.
Recent Insider Transactions • Jun 25Co-Founder & Executive Chairman recently sold €911k worth of stockOn the 16th of June, Kwok Wing Cheung sold around 221k shares on-market at roughly €4.12 per share. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €5.5m worth of shares.
Recent Insider Transactions • Jun 22Co-Founder & Executive Chairman recently sold €911k worth of stockOn the 16th of June, Kwok Wing Cheung sold around 221k shares on-market at roughly €4.12 per share. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €5.5m worth of shares.
Valuation Update With 7 Day Price Move • Jun 18Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to €3.82, the stock trades at a trailing P/E ratio of 3.3x. Average forward P/E is 19x in the Electronic industry in Germany. Total returns to shareholders of 103% over the past three years.
Upcoming Dividend • Jun 08Upcoming dividend of HK$2.44 per shareEligible shareholders must have bought the stock before 15 June 2022. Payment date: 08 July 2022. Payout ratio is a comfortable 31% and this is well supported by cash flows. Trailing yield: 7.8%. Within top quartile of German dividend payers (4.2%). Higher than average of industry peers (1.0%).
Recent Insider Transactions • May 05Co-Founder & Executive Chairman recently bought €81k worth of stockOn the 3rd of May, Kwok Wing Cheung bought around 19k shares on-market at roughly €4.28 per share. In the last 3 months, there was an even bigger purchase from another insider worth €951k. Kwok Wing has been a buyer over the last 12 months, purchasing a net total of €6.2m worth in shares.
Recent Insider Transactions • Apr 27Board Member recently bought €433k worth of stockOn the 19th of April, Yin Sang Ho bought around 100k shares on-market at roughly €4.33 per share. In the last 3 months, they made an even bigger purchase worth €951k. Despite this recent purchase, insiders have collectively sold €12m more in shares than they bought in the last 12 months.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Non-Executive Director Stanley Chung was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Recent Insider Transactions • Apr 21Board Member recently bought €433k worth of stockOn the 19th of April, Yin Sang Ho bought around 100k shares on-market at roughly €4.33 per share. In the last 3 months, they made an even bigger purchase worth €951k. Despite this recent purchase, insiders have collectively sold €11m more in shares than they bought in the last 12 months.
お知らせ • Apr 20+ 1 more updateKingboard Holdings Limited, Annual General Meeting, May 23, 2022Kingboard Holdings Limited, Annual General Meeting, May 23, 2022, at 10:00 China Standard Time. Location: 25/F., Delta House, 3 On Yiu Street, Shek Mun, Shatin New Territories Hong Kong Agenda: To receive and consider the audited financial statements and the directors' report and the independent auditor's report thereon for the year ended 31 December 2021; to declare a final dividend; to authorise the board of directors of the Company to fix its directors' remuneration; to re-appoint auditors and to authorise the Company's board of directors to fix their remuneration; and to discuss other matters.
Recent Insider Transactions • Mar 24Board Member recently bought €951k worth of stockOn the 18th of March, Yin Sang Ho bought around 218k shares on-market at roughly €4.37 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €27m more in shares than they bought in the last 12 months.
Reported Earnings • Mar 19Full year 2021 earnings: Revenues miss analyst expectationsFull year 2021 results: Revenue: HK$56.8b (up 30% from FY 2020). Net income: HK$10.8b (up 129% from FY 2020). Profit margin: 19% (up from 11% in FY 2020). Revenue missed analyst estimates by 9.5%. Over the next year, revenue is forecast to grow 20%, compared to a 22% growth forecast for the industry in Germany.
お知らせ • Mar 06Kingboard Holdings Limited to Report Fiscal Year 2021 Results on Mar 18, 2022Kingboard Holdings Limited announced that they will report fiscal year 2021 results on Mar 18, 2022
お知らせ • Jan 19Kingboard Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2021The board of directors of KBH informed shareholders and potential investors of KBH that, based on the preliminary review of the unaudited management accounts of the Group for the year ended 31 December 2021 and the information currently available to the KBH Board, the Group is expecting to record a net profit of approximately HKD 10 billion to HKD 11 billion for the year ended 31 December 2021, an increase of approximately 113% to 134% as compared with the corresponding period in 2020. The substantial increase in the net profits of the Group for the year ended 31 December 2021 is primarily attributable to the following factors including: The market demand has stayed strong, and the unit prices of products in various departments of the Group have risen sharply compared with the corresponding period in 2020; The Group's subsidiary, Kingboard Laminates Holdings Limited recorded a considerable increase in profit during the year ended 31 December 2021; The investment income of the Group increased significantly compared with the same period in 2020. The KBH Board believes that the increase in the net profit is also attributable to the Group's strong and comprehensive vertical integration business model.
Recent Insider Transactions • Jan 08Chief Executive recently bought €111k worth of stockOn the 6th of January, Wing Yiu Chang bought around 27k shares on-market at roughly €4.13 per share. In the last 3 months, there was an even bigger purchase from another insider worth €3.7m. Wing Yiu has been a buyer over the last 12 months, purchasing a net total of €1.2m worth in shares.
Recent Insider Transactions • Dec 09Co-Founder & Executive Chairman recently bought €438k worth of stockOn the 6th of December, Kwok Wing Cheung bought around 100k shares on-market at roughly €4.38 per share. In the last 3 months, there was an even bigger purchase from another insider worth €3.7m. Despite this recent buy, Kwok Wing has been a net seller over the last 12 months, reducing personal holdings by €7.0m.
Upcoming Dividend • Nov 30Upcoming dividend of HK$0.56 per shareEligible shareholders must have bought the stock before 07 December 2021. Payment date: 07 January 2022. Trailing yield: 6.5%. Within top quartile of German dividend payers (3.4%). Higher than average of industry peers (0.6%).
Recent Insider Transactions • Oct 29Co-Founder & Executive Chairman recently bought €380k worth of stockOn the 27th of October, Kwok Wing Cheung bought around 100k shares on-market at roughly €3.80 per share. In the last 3 months, they made an even bigger purchase worth €946k. Despite this recent buy, Kwok Wing has been a net seller over the last 12 months, reducing personal holdings by €7.9m.
Executive Departure • Oct 06Executive Director Wai Lin Cheung has left the companyOn the 1st of October, Wai Lin Cheung's tenure as Executive Director ended after 14.7 years in the role. As of June 2021, Wai Lin still personally held 694.00k shares (€3.2m worth at the time). A total of 2 executives have left over the last 12 months. The current median tenure of the management team is 10.75 years.
Recent Insider Transactions • Sep 22Co-Founder & Executive Chairman recently bought €381k worth of stockOn the 20th of September, Kwok Wing Cheung bought around 100k shares on-market at roughly €3.81 per share. In the last 3 months, they made an even bigger purchase worth €946k. Despite this recent buy, Kwok Wing has been a net seller over the last 12 months, reducing personal holdings by €8.8m.
Recent Insider Transactions • Sep 03Co-Founder & Executive Chairman recently bought €165k worth of stockOn the 31st of August, Kwok Wing Cheung bought around 40k shares on-market at roughly €4.13 per share. This was the largest purchase by an insider in the last 3 months. Despite this recent buy, Kwok Wing has been a net seller over the last 12 months, reducing personal holdings by €11m.
Reported Earnings • Sep 01First half 2021 earnings released: EPS HK$4.57 (vs HK$0.96 in 1H 2020)The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: HK$26.7b (up 34% from 1H 2020). Net income: HK$5.06b (up 378% from 1H 2020). Profit margin: 19% (up from 5.3% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Jul 20Board Member recently sold €959k worth of stockOn the 15th of July, Yin Sang Ho sold around 200k shares on-market at roughly €4.79 per share. In the last 3 months, they made an even bigger sale worth €3.0m. Insiders have been net sellers, collectively disposing of €34m more than they bought in the last 12 months.
お知らせ • Jul 14Kingboard Holdings Limited Provides Unaudited Earnings Guidance for the Six Months Ended June 30, 2021Kingboard Holdings Limited provided unaudited earnings guidance for the six months ended June 30, 2021. For the six months, the Group is expecting to record an increase in net profit of 350% to 400% in the Reporting Period as compared with the corresponding period last year. The substantial increase in the net profits of the Group in the Reporting Period is primarily attributable to factors including: 1. The market demand has stayed strong, and the unit prices of products in various departments of the Group have risen sharply; 2. The Group's subsidiary - Kingboard Laminates Holdings Limited recorded a considerable increase in profit during the Reporting Period; 3. The investment income of the Group increased significantly compared with the same period last year.
Recent Insider Transactions • Jul 01Board Member recently sold €3.0m worth of stockOn the 24th of June, Yin Sang Ho sold around 627k shares on-market at roughly €4.82 per share. In the last 3 months, there was an even bigger sale from another insider worth €5.8m. Insiders have been net sellers, collectively disposing of €30m more than they bought in the last 12 months.
Recent Insider Transactions • Jun 12Board Member recently sold €1.8m worth of stockOn the 8th of June, Yin Sang Ho sold around 385k shares on-market at roughly €4.62 per share. In the last 3 months, there was an even bigger sale from another insider worth €5.8m. Insiders have been net sellers, collectively disposing of €19m more than they bought in the last 12 months.
Recent Insider Transactions • May 29Board Member recently sold €2.3m worth of stockOn the 27th of May, Yin Sang Ho sold around 500k shares on-market at roughly €4.52 per share. In the last 3 months, there was an even bigger sale from another insider worth €5.8m. Insiders have been net sellers, collectively disposing of €15m more than they bought in the last 12 months.
Upcoming Dividend • May 19Upcoming dividend of HK$2.00 per shareEligible shareholders must have bought the stock before 26 May 2021. Payment date: 11 June 2021. Trailing yield: 5.1%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (0.8%).
Recent Insider Transactions • May 13Independent Non-Executive Director recently sold €97k worth of stockOn the 7th of May, Kin Ki Chong sold around 20k shares on-market at roughly €4.86 per share. In the last 3 months, there was an even bigger sale from another insider worth €5.8m. Insiders have been net sellers, collectively disposing of €9.5m more than they bought in the last 12 months.
Recent Insider Transactions • Apr 27Board Member recently bought €903k worth of stockOn the 23rd of April, Yin Sang Ho bought around 200k shares on-market at roughly €4.51 per share. In the last 3 months, they made an even bigger purchase worth €2.0m. Despite this recent purchase, insiders have collectively sold €8.9m more in shares than they bought in the last 12 months.
Reported Earnings • Apr 21Full year 2020 earnings released: EPS HK$4.26 (vs HK$2.85 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$43.5b (up 5.7% from FY 2019). Net income: HK$4.70b (up 52% from FY 2019). Profit margin: 11% (up from 7.5% in FY 2019). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
Recent Insider Transactions • Apr 10Independent Non-Executive Director recently sold €190k worth of stockOn the 7th of April, Kin Ki Chong sold around 40k shares on-market at roughly €4.76 per share. In the last 3 months, there was an even bigger sale from another insider worth €1.4m. Despite this recent sale, insiders have collectively bought €3.4m more than they sold in the last 12 months.
お知らせ • Apr 08Kingboard Holdings Limited Provides Group Earnings Guidance for the Three Months Ended 31 March 2021Kingboard Holdings Limited provided group earnings guidance for the three months ended 31 March 2021. The company is expecting to record an increase of over 100% in the net profit for the three months ended 31 March 2021 as compared with the six months ended 30 June 2020.
Valuation Update With 7 Day Price Move • Apr 01Investor sentiment improved over the past weekAfter last week's 17% share price gain to HK$4.58, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 29x in the Electronic industry in Germany. Total returns to shareholders of 57% over the past three years.
Recent Insider Transactions • Mar 25Board Member recently bought €2.0m worth of stockOn the 22nd of March, Yin Sang Ho bought around 500k shares on-market at roughly €4.06 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €6.7m more in shares than they have sold in the last 12 months.
お知らせ • Mar 24Kingboard Holdings Limited Proposes Special Dividend for the Year Ended December 31, 2020, Payable on June 11, 2021Kingboard Holdings Limited proposed special final dividend of 100 cents per share (special final dividend of 50 cents per ordinary share) the payment of which is subject to approval by the shareholders at the forthcoming annual general meeting of the company to be held on 24 May 2021 is to be payable on 11 June 2021 to shareholders whose names appear on the Register of Members of the company on 1 June 2021.
Reported Earnings • Mar 23Full year 2020 earnings released: EPS HK$4.26 (vs HK$2.85 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: HK$43.5b (up 5.7% from FY 2019). Net income: HK$4.70b (up 52% from FY 2019). Profit margin: 11% (up from 7.5% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings.
お知らせ • Mar 05Kingboard Holdings Limited to Report Fiscal Year 2020 Results on Mar 22, 2021Kingboard Holdings Limited announced that they will report fiscal year 2020 results on Mar 22, 2021
Is New 90 Day High Low • Feb 11New 90-day high: €3.74The company is up 31% from its price of €2.86 on 13 November 2020. The German market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electronic industry, which is up 20% over the same period.