SHSE:600143

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Kingfa Sci. & Tech

Executive Summary

Kingfa Sci. & Tech. Co., Ltd. engages in the research, development, production, and sale of plastic products in worldwide. More Details


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

600143IndustryMarket
7 Day-1.9%2.9%1.5%
30 Day5.8%12.6%4.3%
90 Day0.7%10.8%1.4%
1 Year163.2%161.3%53.8%50.9%35.7%33.4%
3 Year211.3%197.0%22.2%16.4%20.3%14.5%
5 Year122.0%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%).


Next Steps

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


Next Steps

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.


Next Steps

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

NamePositionTenureCompensationOwnership
Nan Jing Li
GM & Director22.42yrsCN¥1.25m3.53%
CN¥ 1.5b
Zhongjie Feng
Chief Financial Officerno dataCN¥682.40kno data
De Lin Nie
Deputy General Manager9.67yrsCN¥1.46mno data
Hong Tao Ning
Deputy GM & Directorno dataCN¥942.40kno data
Tong Min Cai
Deputy GM & Director9.67yrsCN¥1.13mno data
Kai Jun Ning
Secretary & Deputy GM9.33yrsCN¥887.80kno data
Jianhua Wu
Head of Accounting Departmentno datano datano 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

NamePositionTenureCompensationOwnership
Nan Jing Li
GM & Director22.42yrsCN¥1.25m3.53%
CN¥ 1.5b
Hong Tao Ning
Deputy GM & Directorno dataCN¥942.40kno data
Tong Min Cai
Deputy GM & Director9.67yrsCN¥1.13mno data
Shu Chen
Independent Directorno dataCN¥120.00kno data
Hai Tao Xiong
Director16.17yrsCN¥206.00k8.4%
CN¥ 3.7b
Jian Jun Li
Directorno dataCN¥1.25mno data
Zhimin Yuan
Chairman16.08yrsCN¥1.26m19.83%
CN¥ 8.6b
Xin Lu
Independent Directorno dataCN¥120.00kno data
Nan Biao Ye
Chairman of the Supervisory Boardno datano datano data
Yi Chen
Director9.67yrsCN¥640.20kno data
Ming Qiu Zhang
Independent Directorno dataCN¥120.00kno data
Jian Guo Qi
Independent Directorno dataCN¥120.00kno 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

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
600143SHSE (Shanghai Stock Exchange)YesDomestic SharesCNCNYJun 2004
600143XSSC (Shanghai Stock Exchange - Shanghai - Hong Kong Stock Connect)YesDomestic SharesCNCNYJun 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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 15:18
End of Day Share Price2020/11/24 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.