Intelligent Living Application Group Inc.

NasdaqCM:ILAG Voorraadrapport

Marktkapitalisatie: US$7.0m

Intelligent Living Application Group Beheer

Beheer criteriumcontroles 3/4

De CEO Intelligent Living Application Group is Yu Bong Lau, benoemd in Jun2020, heeft een ambtstermijn van 6.08 jaar. bezit rechtstreeks 11.27% van de aandelen van het bedrijf, ter waarde $ 786.24K. De gemiddelde ambtstermijn van het managementteam en de raad van bestuur bedraagt respectievelijk 6.1 jaar en 6.1 jaar.

Belangrijke informatie

Yu Bong Lau

Algemeen directeur

n/a

Totale compensatie

Percentage CEO-salarisn/a
Dienstverband CEO6.1yrs
Eigendom CEO11.3%
Management gemiddelde ambtstermijn6.1yrs
Gemiddelde ambtstermijn bestuur6.1yrs

Recente managementupdates

Recent updates

Analyse-artikel • Jun 08

Risks To Shareholder Returns Are Elevated At These Prices For Intelligent Living Application Group Inc. (NASDAQ:ILAG)

When close to half the companies in the Building industry in the United States have price-to-sales ratios (or "P/S...
Seeking Alpha • Aug 11

Intelligent Living Application Stock: What To Know About This New IPO

ILAG sells locksets and is only in the process of developing smart locksets now. Their revenue growth has been affected by supply chain issues, end-market issues and also regulation in China. Delisting risks are remote but could evolve into an issue too. There's no evident special appeal at this early stage, and while inflection will come, we'd not play this stock. Intelligent Living Application Group (ILAG) is a $65 million market cap business that sells locksets under the Kambo and Bamberg brand. The company is a holding company in the Cayman's that owns subsidiaries based in Hong Kong and China. They are subject to numerous risks, including demand and supply side risks, but also regulatory risk in China and risks related to delisting. This IPO was for the purpose of funding development of software for their smart-lock products, which are soon to come out. Ultimately, they are a small player among plenty of competitors with more developed products and better financial positions. As cash becomes a more valuable resource, and as problems that are tougher for a smaller player to deal with persist, its competitors are more attractive than they are for people interested in the lockset market. Still, it's good to know what's out there, so here's a breakdown of ILAG. When did ILAG go public? ILAG went public through IPO on July 13, 2022 on the Nasdaq Capital Market with an initial valuation of $4 per share equaling a $72 million market cap. The purpose of the IPO was to move forward with R&D on smart locksets that had to be put on pause over the last couple of years such that work on the software was not completed. Most of our research and development on smart locks have been done internally by our technician and engineers, except that Hing Fat hired outside services for approximately $25,000 in 2017. Because of tariff war and outbreak of COVID-19, we haven't made further progress on the software for our smart locks to save more working capital for our core operation. Prospectus ILAG - 'Our Business Section' The business isn't listed on any other market, which constitutes one of the first potential issues. Many companies that are substantially Chinese have listings in Hong Kong or Shenzhen, and this mitigates the impact of the HFCAA regulation that came into effect under President Trump as part of the set of moves designed to crack down on Chinese companies in the US market. Currently, ILAG does not have a problem in the face of this regulation, because the Auditors it retains are in the US. However, if for any reason they would be assessed as unable to fully complete their duties by the regulatory authority the PCAOB, they could run afoul of the HFCAA which would lead to the delisting concerns that are putting a lot of pressure on other companies like Alibaba (BABA). As far as we understand it, ILAG is so far in the clear as it works with a NYC headquartered auditor (called Wei, Wei & Co., LLP), but various decisions by China or the US could change whether or not that is enough. If they were to be identified as a potential problem (a.k.a a Commission-Identified Issuer), in several years they could face delisting unless they were able to comply, which would depend not only on them but also agreements between Beijing and Washington over auditor access and accountability. A resolution there is not assured. Because they don't have a listing elsewhere, this would affect their liquidity a lot and create a lot of price volatility and forced selling. This is something that investors in Chinese companies need to be aware of, and it'll be detailed in 10-K or prospectus risk sections. ILAG Markets What are ILAG's markets? Geographically, almost all the sales are in the US market and the model is to sell wholesale. They'll likely continue to do this and do so in the APAC market, where they are hoping to expand their markets. However, they have acknowledged substantial price competition in APAC markets, which limits marginality in this market, while in the US it is quality-based competition and there is more scope for pricing and building significant contribution. End-markets are property developers, leisure and hospitality markets (especially with the smart lockset foray), but also residential markets. There is a reopening element that is unwinding some of those markets that were hamstrung by COVID-19 like leisure and hospitality. But new business development in APAC for these markets will be somewhat limited as China is still in lockdowns, perhaps a signal for what's to come for the rest of us given they were ground-zero for the pandemic. While reopening is restoring markets in the US, other markets may be in more trouble. ILAG customers may dial back purchases if property markets and development rates suffer. Developers are already struggling in terms of volume with the supply chain shortages, but it could become a demand problem as well since interest rates are rising. Office real estate might be going into secular decline, so those markets are a bit shaky too. The following are some of ILAG's competitors in their markets, excluding companies like Dormakaba, AB ABLOY and others. Competitors (ILAG Prospectus) Most of these companies also operate in other businesses, but some like Allegion plc (ALLE) are closer to ILAG which is a lockset pureplay. Allegion is in the market of company security and building security, and it deals with a lot of door features including locksets and ID systems. Its mechanical products segment is about 80% of its business and meaningfully overlaps with ILAG's markets. Allegion is ahead in terms of software and technology, where ILAG has only spent some $20k on contracting R&D in addition to in-house and has had to put those efforts on hold over the last couple of years to preserve working capital and deal with business troubles, which include more than just some end-market pressures related to COVID-19 and current China lockdowns. Allegion is not highly levered and has a lot of debt capacity with a cash-generative business model, while ILAG has had to resort to equity markets to finance their R&D. Moreover, they are less exposed to the power control issues that are hitting some of China's manufacturers like ILAG, where power consumption from the factory floor is limited by government mandate as a measure to save power now that energy has become scarce. Also, with China's continuing COVID-19 problem associated with the continuation of strict controls, manufacturing becomes further disrupted from time to time. All of this limits ILAG's ability to scale and pose a threat to well-capitalised incumbents like Allegion. Financials The financials reflect the troubles of a company that is dealing with tougher end-markets and is selling a product that is already established in the market. They are achieving growth, but the new forays like digital locks and the APAC market, in general, will unlikely supercharge growth that much further, especially with the end-market demand environment being ambiguous.

Analyse CEO-vergoeding

Hoe is Yu Bong Lau's beloning veranderd ten opzichte van Intelligent Living Application Group's winst?
DatumTotale vergoedingSalarisBedrijfswinsten
Dec 31 2025n/an/a

-US$19m

Sep 30 2025n/an/a

-US$13m

Jun 30 2025n/an/a

-US$7m

Mar 31 2025n/an/a

-US$5m

Dec 31 2024n/an/a

-US$4m

Sep 30 2024n/an/a

-US$3m

Jun 30 2024n/an/a

-US$3m

Mar 31 2024n/an/a

-US$3m

Dec 31 2023n/an/a

-US$4m

Sep 30 2023n/an/a

-US$4m

Jun 30 2023n/an/a

-US$4m

Mar 31 2023n/an/a

-US$3m

Dec 31 2022US$205kUS$205k

-US$2m

Sep 30 2022n/an/a

-US$945k

Jun 30 2022n/an/a

-US$234k

Mar 31 2022n/an/a

-US$810k

Dec 31 2021US$205kUS$205k

-US$1m

Sep 30 2021n/an/a

-US$2m

Jun 30 2021n/an/a

-US$2m

Mar 31 2021n/an/a

-US$1m

Dec 31 2020US$167kUS$167k

-US$1m

Sep 30 2020n/an/a

-US$1m

Jun 30 2020n/an/a

-US$1m

Mar 31 2020n/an/a

-US$1m

Dec 31 2019US$95kUS$95k

-US$1m

Compensatie versus markt: Er zijn onvoldoende gegevens om vast te stellen of de totale vergoeding van Yu Bong redelijk is in vergelijking met bedrijven van vergelijkbare omvang in de US markt.

Compensatie versus inkomsten: De vergoeding van Yu Bong is het afgelopen jaar in lijn geweest met de bedrijfsprestaties.

CEO

Yu Bong Lau (47 yo)

6.1yrs
Tenure
US$204,526
Compensatie

Mr. Yu Bong Lau serves as Chief Executive Officer and Chairman of the Board at Intelligent Living Application Group Inc. since June 1, 2020 and has been its Director since July 17, 2019. Mr. Lau joined Int...

Leiderschapsteam

NaamPositieTenureCompensatieEigendom
Yu Bong Lau
CEO & Chairman of the Board6.1yrsUS$204.53k11.27%
$ 786.2k
Yu Bun Lau
COO & Director6.1yrsUS$192.50k13.19%
$ 920.6k
Po Wang Hui
CTO & Director6.1yrsUS$192.50k13.19%
$ 920.6k
6.1yrs
Gemiddelde duur
47yo
Gemiddelde leeftijd

Ervaren management: Het managementteam van ILAG is doorgewinterd en ervaren (gemiddelde ambtstermijn van 6.1 jaar).

Bestuursleden

NaamPositieTenureCompensatieEigendom
Yu Bong Lau
CEO & Chairman of the Board7yrsUS$204.53k11.27%
$ 786.2k
Yu Bun Lau
COO & Director2.5yrsUS$192.50k13.19%
$ 920.6k
Po Wang Hui
CTO & Director6.1yrsUS$192.50k13.19%
$ 920.6k
Ting Mei Ho
Independent Director6.1yrsUS$24.00k0.19%
$ 13.4k
Wan Yee Chui
Independent Director6.1yrsUS$36.00k0.19%
$ 13.4k
Wing Hang Yeung
Independent Director2.5yrsgeen gegevens0.19%
$ 13.4k
Wang Ho Tin
Independent Director1.5yrsgeen gegevensgeen gegevens
6.1yrs
Gemiddelde duur
46yo
Gemiddelde leeftijd

Ervaren bestuur: De raad van bestuur van ILAG wordt beschouwd als ervaren (gemiddelde ambtstermijn 6.1 jaar).

Bedrijfsanalyse en status van financiële gegevens

GegevensLaatst bijgewerkt (UTC-tijd)
Bedrijfsanalyse2026/07/22 13:33
Aandelenkoers aan het einde van de dag2026/07/22 00:00
Inkomsten2025/12/31
Jaarlijkse inkomsten2025/12/31

Gegevensbronnen

De gegevens die gebruikt zijn in onze bedrijfsanalyse zijn afkomstig van S&P Global Market Intelligence LLC. De volgende gegevens worden gebruikt in ons analysemodel om dit rapport te genereren. De gegevens zijn genormaliseerd, waardoor er een vertraging kan optreden voordat de bron beschikbaar is.

PakketGegevensTijdframeVoorbeeld Amerikaanse bron *
Financiële gegevens bedrijf10 jaar
  • Resultatenrekening
  • Kasstroomoverzicht
  • Balans
Consensus schattingen analisten+3 jaar
  • Financiële prognoses
  • Koersdoelen analisten
Marktprijzen30 jaar
  • Aandelenprijzen
  • Dividenden, splitsingen en acties
Eigendom10 jaar
  • Top aandeelhouders
  • Handel met voorkennis
Beheer10 jaar
  • Leiderschapsteam
  • Raad van bestuur
Belangrijkste ontwikkelingen10 jaar
  • Bedrijfsaankondigingen

* Voorbeeld voor effecten uit de VS, voor niet-Amerikaanse effecten worden gelijkwaardige formulieren en bronnen gebruikt.

Tenzij anders vermeld zijn alle financiële gegevens gebaseerd op een jaarperiode, maar worden ze elk kwartaal bijgewerkt. Dit staat bekend als Trailing Twelve Month (TTM) of Last Twelve Month (LTM) gegevens. Meer informatie.

Analysemodel en Snowflake

Details van het analysamodel dat is gebruikt om dit rapport te genereren zijn beschikbaar op onze Github-pagina, we hebben ook handleidingen over hoe u onze rapporten kunt gebruiken en tutorials op YouTube.

Leer meer over het team van wereldklasse dat het Simply Wall St-analysemodel heeft ontworpen en gebouwd.

Industrie en sector

Onze industrie- en sectormetrics worden elke 6 uur berekend door Simply Wall St, details van ons proces zijn beschikbaar op Github.

Bronnen van analisten

Intelligent Living Application Group Inc. wordt gevolgd door 0 analisten. 0 van deze analisten hebben de schattingen van de omzet of winst ingediend die zijn gebruikt als input voor ons rapport. Inzendingen van analisten worden de hele dag door bijgewerkt.