Kingfa Sci. & Tech
Market Cap
CN¥43.6b
Last Updated
2020/11/24 15:18 UTC
Data Sources
Company Financials +
Executive Summary
Kingfa Sci. & Tech. Co., Ltd. engages in the research, development, production, and sale of plastic products in worldwide. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 15.1% per year for the next 3 years
Snowflake Analysis
Outstanding track record and good value.
Similar Companies
Share Price & News
How has Kingfa Sci. & Tech's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 600143 is not significantly more volatile than the rest of CN stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: 600143's weekly volatility (6%) has been stable over the past year.
Market Performance
7 Day Return
-1.9%
600143
2.9%
CN Chemicals
1.5%
CN Market
1 Year Return
161.3%
600143
50.9%
CN Chemicals
33.4%
CN Market
Return vs Industry: 600143 exceeded the CN Chemicals industry which returned 49.3% over the past year.
Return vs Market: 600143 exceeded the CN Market which returned 33.3% over the past year.
Shareholder returns
| 600143 | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.9% | 2.9% | 1.5% |
| 30 Day | 5.8% | 12.6% | 4.3% |
| 90 Day | 0.7% | 10.8% | 1.4% |
| 1 Year | 163.2%161.3% | 53.8%50.9% | 35.7%33.4% |
| 3 Year | 211.3%197.0% | 22.2%16.4% | 20.3%14.5% |
| 5 Year | 122.0%104.7% | 10.5%4.3% | 11.0%3.5% |
Long-Term Price Volatility Vs. Market
How volatile is Kingfa Sci. & Tech's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
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¥16.93) is trading below our estimate of fair value (CN¥232.91)
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 (10.6x) compared to the CN Chemicals industry average (39.9x).
PE vs Market: 600143 is good value based on its PE Ratio (10.6x) compared to the CN market (39.1x).
Price to Earnings Growth Ratio
PEG Ratio: 600143's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 600143 is overvalued based on its PB Ratio (3.1x) compared to the CN Chemicals industry average (2.9x).
Next Steps
Future Growth
How is Kingfa Sci. & Tech forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
-15.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 600143's earnings are forecast to decline over the next 3 years (-15.1% per year).
Earnings vs Market: 600143's earnings are forecast to decline over the next 3 years (-15.1% per year).
High Growth Earnings: 600143's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 600143's revenue (8.6% per year) is forecast to grow slower than the CN market (18% per year).
High Growth Revenue: 600143's revenue (8.6% 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 (14%).
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Past Performance
How has Kingfa Sci. & Tech performed over the past 5 years?
33.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 600143 has high quality earnings.
Growing Profit Margin: 600143's current net profit margins (11.7%) are higher than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: 600143's earnings have grown significantly by 33.8% per year over the past 5 years.
Accelerating Growth: 600143's earnings growth over the past year (346.1%) exceeds its 5-year average (33.8% per year).
Earnings vs Industry: 600143 earnings growth over the past year (346.1%) exceeded the Chemicals industry 2.5%.
Return on Equity
High ROE: 600143's Return on Equity (28.2%) is considered high.
Next Steps
Financial Health
How is Kingfa Sci. & Tech's financial position?
Financial Position Analysis
Short Term Liabilities: 600143's short term assets (CN¥13.0B) exceed its short term liabilities (CN¥8.4B).
Long Term Liabilities: 600143's short term assets (CN¥13.0B) exceed its long term liabilities (CN¥7.1B).
Debt to Equity History and Analysis
Debt Level: 600143's debt to equity ratio (61.9%) is considered high.
Reducing Debt: 600143's debt to equity ratio has increased from 41.2% to 61.9% over the past 5 years.
Debt Coverage: 600143's debt is well covered by operating cash flow (75.4%).
Interest Coverage: 600143's interest payments on its debt are well covered by EBIT (9.3x coverage).
Balance Sheet
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Dividend
What is Kingfa Sci. & Tech current dividend yield, its reliability and sustainability?
0.59%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 600143's dividend (0.59%) is higher than the bottom 25% of dividend payers in the CN market (0.36%).
High Dividend: 600143's dividend (0.59%) is low compared to the top 25% of dividend payers in the CN market (1.62%).
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 low payout ratio (6.3%), 600143's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
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Management
How experienced are the management team and are they aligned to shareholders interests?
9.7yrs
Average management tenure
CEO
Nan Jing Li (58 yo)
22.42yrs
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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| GM & Director | 22.42yrs | CN¥1.25m | 3.53% CN¥ 1.5b | |
| Chief Financial Officer | no data | CN¥682.40k | no data | |
| Deputy General Manager | 9.67yrs | CN¥1.46m | no data | |
| Deputy GM & Director | no data | CN¥942.40k | no data | |
| Deputy GM & Director | 9.67yrs | CN¥1.13m | no data | |
| Secretary & Deputy GM | 9.33yrs | CN¥887.80k | no data | |
| Head of Accounting Department | no data | no data | no data |
9.7yrs
Average Tenure
46yo
Average Age
Experienced Management: 600143's management team is seasoned and experienced (9.7 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| GM & Director | 22.42yrs | CN¥1.25m | 3.53% CN¥ 1.5b | |
| Deputy GM & Director | no data | CN¥942.40k | no data | |
| Deputy GM & Director | 9.67yrs | CN¥1.13m | no data | |
| Independent Director | no data | CN¥120.00k | no data | |
| Director | 16.17yrs | CN¥206.00k | 8.4% CN¥ 3.7b | |
| Director | no data | CN¥1.25m | no data | |
| Chairman | 16.08yrs | CN¥1.26m | 19.83% CN¥ 8.6b | |
| Independent Director | no data | CN¥120.00k | no data | |
| Chairman of the Supervisory Board | no data | no data | no data | |
| Director | 9.67yrs | CN¥640.20k | no data | |
| Independent Director | no data | CN¥120.00k | no data | |
| Independent Director | no data | CN¥120.00k | no data |
16.1yrs
Average Tenure
57.5yo
Average Age
Experienced Board: 600143's board of directors are seasoned and experienced ( 16.1 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 company bio, 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
- Market Cap: CN¥43.571b
- Shares outstanding: 2.57b
- Website: https://www.kingfa.com.cn
Number of Employees
Location
- Kingfa Sci. & Tech. Co., Ltd.
- No. 33 Kefeng Road
- Science City
- Guangzhou
- Guangdong Province
- China
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 600143 | SHSE (Shanghai Stock Exchange) | Yes | Domestic Shares | CN | CNY | Jun 2004 |
| 600143 | XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect) | Yes | Domestic Shares | CN | CNY | Jun 2004 |
Biography
Kingfa Sci. & Tech. Co., Ltd. engages in the research, development, production, and sale of plastic products in worldwide. The company offers plastic compounds, special engineering plastics, fine chemical ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/11/24 15:18 |
| End of Day Share Price | 2020/11/24 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.