| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 1/6 |
| Past Performance | 1/6 |
| Financial Health | 3/6 |
| Dividends | 5/6 |
600143 Stock Overview
Kingfa Sci. & Tech. Co., Ltd. engages in the research, development, production, and sale of plastic products in worldwide.
Kingfa Sci. & Tech Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | CN¥12.65 |
| 52 Week High | CN¥32.80 |
| 52 Week Low | CN¥11.38 |
| Beta | 0.72 |
| 1 Month Change | -0.71% |
| 3 Month Change | -7.46% |
| 1 Year Change | -45.00% |
| 3 Year Change | 157.64% |
| 5 Year Change | 63.44% |
| Change since IPO | 806.20% |
Recent News & Updates
Shareholder Returns
| 600143 | CN Chemicals | CN Market | |
|---|---|---|---|
| 7D | -0.2% | -3.0% | -1.2% |
| 1Y | -45.0% | 20.3% | 0.03% |
Return vs Industry: 600143 underperformed the CN Chemicals industry which returned 22.8% over the past year.
Return vs Market: 600143 underperformed the CN Market which returned 1.1% over the past year.
Price Volatility
| 600143 volatility | |
|---|---|
| 600143 Average Weekly Movement | 5.1% |
| Chemicals Industry Average Movement | 6.3% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in CN Market | 9.4% |
| 10% least volatile stocks in CN Market | 3.5% |
Stable Share Price: 600143 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 600143's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1993 | 10,258 | Nan Jing Li | https://www.kingfa.com.cn |
Kingfa Sci. & Tech. Co., Ltd. engages in the research, development, production, and sale of plastic products in worldwide. It offers plastic compounds, special engineering plastics, fine chemical materials, biodegradable plastics, and wood-plastic materials, as well as carbon fibers and composite materials.
Kingfa Sci. & Tech Fundamentals Summary
| 600143 fundamental statistics | |
|---|---|
| Market Cap | CN¥32.56b |
| Earnings (TTM) | CN¥2.52b |
| Revenue (TTM) | CN¥38.45b |
12.9x
P/E Ratio0.8x
P/S RatioIs 600143 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 600143 income statement (TTM) | |
|---|---|
| Revenue | CN¥38.45b |
| Cost of Revenue | CN¥31.88b |
| Gross Profit | CN¥6.58b |
| Expenses | CN¥4.06b |
| Earnings | CN¥2.52b |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.98 |
| Gross Margin | 17.11% |
| Net Profit Margin | 6.56% |
| Debt/Equity Ratio | 97.1% |
How did 600143 perform over the long term?
See historical performance and comparisonDividends
4.7%
Current Dividend Yield61%
Payout RatioValuation
Is Kingfa Sci. & Tech undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 600143 (CN¥12.65) is trading below our estimate of fair value (CN¥77.55)
Significantly Below Fair Value: 600143 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 600143 is good value based on its PE Ratio (12.9x) compared to the CN Chemicals industry average (34.2x).
PE vs Market: 600143 is good value based on its PE Ratio (12.9x) compared to the CN market (37.6x).
Price to Earnings Growth Ratio
PEG Ratio: 600143 is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: 600143 is good value based on its PB Ratio (2.2x) compared to the CN Chemicals industry average (3.2x).
Future Growth
How is Kingfa Sci. & Tech forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
16.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600143's forecast earnings growth (16.7% per year) is above the savings rate (3.3%).
Earnings vs Market: 600143's earnings (16.7% per year) are forecast to grow slower than the CN market (25.1% per year).
High Growth Earnings: 600143's earnings are forecast to grow, but not significantly.
Revenue vs Market: 600143's revenue (11.8% per year) is forecast to grow slower than the CN market (18.6% per year).
High Growth Revenue: 600143's revenue (11.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 600143's Return on Equity is forecast to be low in 3 years time (16.7%).
Past Performance
How has Kingfa Sci. & Tech performed over the past 5 years?
46.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600143 has a high level of non-cash earnings.
Growing Profit Margin: 600143's current net profit margins (6.6%) are lower than last year (11.7%).
Past Earnings Growth Analysis
Earnings Trend: 600143's earnings have grown significantly by 46.9% per year over the past 5 years.
Accelerating Growth: 600143's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 600143 had negative earnings growth (-38.3%) over the past year, making it difficult to compare to the Chemicals industry average (32.7%).
Return on Equity
High ROE: 600143's Return on Equity (14.8%) is considered low.
Financial Health
How is Kingfa Sci. & Tech's financial position?
Financial Position Analysis
Short Term Liabilities: 600143's short term assets (CN¥17.8B) exceed its short term liabilities (CN¥13.7B).
Long Term Liabilities: 600143's short term assets (CN¥17.8B) exceed its long term liabilities (CN¥13.4B).
Debt to Equity History and Analysis
Debt Level: 600143's net debt to equity ratio (67.6%) is considered high.
Reducing Debt: 600143's debt to equity ratio has increased from 45% to 97.1% over the past 5 years.
Debt Coverage: 600143's debt is not well covered by operating cash flow (10.1%).
Interest Coverage: 600143's interest payments on its debt are well covered by EBIT (7x coverage).
Balance Sheet
Dividend
What is Kingfa Sci. & Tech current dividend yield, its reliability and sustainability?
4.74%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600143's dividend (4.74%) is higher than the bottom 25% of dividend payers in the CN market (0.39%).
High Dividend: 600143's dividend (4.74%) is in the top 25% of dividend payers in the CN market (1.73%)
Stability and Growth of Payments
Stable Dividend: 600143's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600143's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (61.2%), 600143's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 600143's dividends in 3 years are forecast to be well covered by earnings (39.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
10.8yrs
Average management tenure
CEO
Nan Jing Li (59 yo)
23.58yrs
Tenure
CN¥1,254,100
Compensation
Nan Jing Li has been General Manager and Director of Kingfa Science & Technology Company Limited since June 1998. Mr. Li joined at Kingfa Sci. & Tech.Co., Ltd., in October 1993. Mr. Li served committee se...
Leadership Team
Experienced Management: 600143's management team is seasoned and experienced (10.8 years average tenure).
Board Members
Experienced Board: 600143's board of directors are seasoned and experienced ( 17.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Kingfa Sci. & Tech. Co., Ltd.'s employee growth, exchange listings and data sources
Key Information
- Name: Kingfa Sci. & Tech. Co., Ltd.
- Ticker: 600143
- Exchange: SHSE
- Founded: 1993
- Industry: Commodity Chemicals
- Sector: Materials
- Implied Market Cap: CN¥32.556b
- Shares outstanding: 2.57b
- Website: https://www.kingfa.com.cn
Number of Employees
Location
- Kingfa Sci. & Tech. Co., Ltd.
- Kingfa-Guangzhou No.33
- Kefeng Road Science City
- Guangzhou
- Guangdong Province
- 510663
- China
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/01/19 15:41 |
| End of Day Share Price | 2022/01/19 00:00 |
| Earnings | 2021/09/30 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.