Announcement • Aug 01
Lonking Holdings Limited to Report Q2, 2026 Results on Aug 26, 2026 Lonking Holdings Limited announced that they will report Q2, 2026 results on Aug 26, 2026 Announcement • Jul 20
Lonking Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended 30 June 2026 Lonking Holdings Limited provided unaudited consolidated earnings guidance for the six months ended 30 June 2026. For the period, the Group expects to record a net profit in the range of RMB 730 million to RMB 800 million, representing an increase of 16% to 27% as compared with the corresponding period of the previous year. The increase in net profit was mainly attributable to (i) the Group's vigorous efforts in developing and enhancing its various product series and continuously expanding domestic and overseas markets, which resulted in steady growth in production and sales, and (ii) improvements in quality and cost control, which led to a year-over-year increase in the consolidated gross profit margin of its products. Recent Insider Transactions • Jul 09
Founder & Non Executive Vice Chairman recently bought €1.3m worth of stock On the 30th of June, Ngan Ying Ngai bought around 4m shares on-market at roughly €0.29 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 €3.0m. Ngan Ying has been a buyer over the last 12 months, purchasing a net total of €21m worth in shares. Recent Insider Transactions • Jul 01
Founder & Non Executive Vice Chairman recently bought €290k worth of stock On the 23rd of June, Ngan Ying Ngai bought around 979k shares on-market at roughly €0.30 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 €3.0m. Ngan Ying has been a buyer over the last 12 months, purchasing a net total of €18m worth in shares. Recent Insider Transactions • Jun 12
Founder & Non Executive Vice Chairman recently bought €3.0m worth of stock On the 8th of June, Ngan Ying Ngai bought around 10m shares on-market at roughly €0.31 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ngan Ying has been a buyer over the last 12 months, purchasing a net total of €14m worth in shares. Announcement • May 28
Lonking Holdings Limited Approves Final Dividend for the Year Ended 31 December 2025, Payable on or Before 31 July 2026 Lonking Holdings Limited announced that at the AGM held on 28 May 2026, approved a final dividend of HKD 0.20 per share for the year ended 31 December 2025, was approved at the AGM and will be distributed on or before 31 July 2026 to shareholders whose names appear on the register of members of the Company at the close of business on 5 June 2026. Board Change • May 21
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 1 experienced director. 7 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Tai Wei Yu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Mar 26
Lonking Holdings Limited, Annual General Meeting, May 28, 2026 Lonking Holdings Limited, Annual General Meeting, May 28, 2026. Location: meeting room 508, 5/f., jucai office building, 26 minyi road, xingqiao, songjiang industrial, shanghai 201612 China Announcement • Feb 02
Lonking Holdings Limited to Report Fiscal Year 2025 Results on Mar 26, 2026 Lonking Holdings Limited announced that they will report fiscal year 2025 results on Mar 26, 2026 Announcement • Jan 20
Lonking Holdings Limited Provides Earnings Guidance for the Year Ended December 31, 2025 Lonking Holdings Limited provided earnings guidance for the year ended December 31, 2025. The Group expects to record a significant increase in its net profit for the year ended 31 December 2025, as compared to the corresponding period in the previous year. The Board expects that the net profit for the reporting period was approximately RMB 1,250 million to RMB 1,330 million, representing an increase of 23% to 31% over the same period last year. The increase in net profit during the reporting period was mainly due to (i) the steady growth in domestic and international sales, especially the further manifestation of the contribution of the export business to the profit; (ii) the continuous development of new products, with high-value-added new products becoming the main driver of profit growth; and (iii) the remarkable results of the initiatives for quality enhancement, cost control, and efficiency improvement, leading to a further increase in the overall gross profit margin. Announcement • Jul 25
Lonking Holdings Limited to Report First Half, 2025 Results on Aug 26, 2025 Lonking Holdings Limited announced that they will report first half, 2025 results on Aug 26, 2025 Announcement • May 28
Lonking Holdings Limited Approves the Final Dividend for the Year Ended 31 December 2024 Lonking Holdings Limited announced that at its AGM held on 28 May 2025, approved the payment of final dividend of HKD 0.13 per share of the Company for the year ended 31 December 2024. Announcement • Mar 27
Lonking Holdings Limited Proposes Final Ordinary Dividend for the Financial Year End 31 December 2024, Payable on July 31, 2025 Lonking Holdings Limited proposed final ordinary dividend of HKD 0.13 per share for the financial year end 31 December 2024. Ex-dividend date 30 May 2025, Record date 05 June 2025 and Payment date 31 July 2025. Date of shareholders' approval 28 May 2025. Announcement • Mar 26
Lonking Holdings Limited, Annual General Meeting, May 28, 2025 Lonking Holdings Limited, Annual General Meeting, May 28, 2025. Location: meeting room 508, 5/f., jucai office building, 26 minyi road, xingqiao, songjiang industrial, shanghai 201612 China Announcement • Jan 24
Lonking Holdings Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 Lonking Holdings Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 Announcement • Jan 17
Lonking Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2024 Lonking Holdings Limited provided consolidated earnings guidance for the year ended 31 December 2024. The group expects to record a significant increase in its net profit for the year ended 31 December 2024, as compared to the corresponding period in the previous year. The Board expects that the net profit for the reporting period was approximately RMB 1,000 million to RMB 1,070 million, representing an increase of 55% to 66% over the same period last year. The increase in net profit during the reporting period was mainly due to (i) a year-on-year improvement in the overall gross margin of products as the Group achieved success in improving product quality and controlling costs, as well as the continuous increase in export income; (ii) a year- on-year increase in the net income from financial assets. Buy Or Sell Opportunity • Oct 26
Now 25% undervalued Over the last 90 days, the stock has risen 1.8% to €0.17. The fair value is estimated to be €0.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 38%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 11% in the next 2 years. Buy Or Sell Opportunity • Oct 03
Now 21% undervalued Over the last 90 days, the stock has risen 17% to €0.18. The fair value is estimated to be €0.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years. Earnings per share has declined by 38%. Revenue is forecast to grow by 18% in 2 years. Earnings are forecast to grow by 11% in the next 2 years. Reported Earnings • Sep 01
First half 2024 earnings released: EPS: CN¥0.11 (vs CN¥0.072 in 1H 2023) First half 2024 results: EPS: CN¥0.11 (up from CN¥0.072 in 1H 2023). Revenue: CN¥5.36b (down 6.4% from 1H 2023). Net income: CN¥458.4m (up 49% from 1H 2023). Profit margin: 8.6% (up from 5.4% in 1H 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 7.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 38% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Aug 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 7.8% to €0.15. The fair value is estimated to be €0.19, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 56%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Announcement • Jul 31
Lonking Holdings Limited to Report First Half, 2024 Results on Aug 29, 2024 Lonking Holdings Limited announced that they will report first half, 2024 results on Aug 29, 2024 Announcement • May 29
Lonking Holdings Limited Approves Final Dividend for the Year Ended 31 December 2023, Payable on or Before 31 July 2024 Lonking Holdings Limited announced that at its AGM held on 28 May 2024 approved the payment of final dividend of HKD 0.08 per share of the Company for the year ended 31 December 2023. A final dividend of HKD 0.08 per share was approved at the AGM and will be distributed on or before 31 July 2024 to shareholders whose names appear on the register of members of the Company at the close of business on 5 June 2024. Upcoming Dividend • May 23
Upcoming dividend of HK$0.08 per share Eligible shareholders must have bought the stock before 30 May 2024. Payment date: 31 July 2024. Payout ratio is a comfortable 48% and this is well supported by cash flows. Trailing yield: 5.0%. Within top quartile of German dividend payers (4.6%). Higher than average of industry peers (3.4%). Recent Insider Transactions • May 20
Founder & Non Executive Vice Chairman recently sold €347k worth of stock On the 14th of May, Ngan Ying Ngai sold around 2m shares on-market at roughly €0.20 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Despite the recent sale, Ngan Ying has been a net buyer over the last 12 months, purchasing a net total of €1.1m worth of shares. Reported Earnings • Apr 29
Full year 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.094 in FY 2022) Full year 2023 results: EPS: CN¥0.15 (up from CN¥0.094 in FY 2022). Revenue: CN¥10.5b (down 5.6% from FY 2022). Net income: CN¥645.4m (up 61% from FY 2022). Profit margin: 6.1% (up from 3.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Apr 26
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 23% to €0.16. The fair value is estimated to be €0.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 56%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Buy Or Sell Opportunity • Apr 11
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 26% to €0.16. The fair value is estimated to be €0.13, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 11% over the last 3 years. Earnings per share has declined by 56%. For the next 3 years, revenue is forecast to grow by 6.2% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. New Risk • Apr 03
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 12% 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 Risk Share price has been highly volatile over the past 3 months (12% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Mar 29
Lonking Holdings Limited, Annual General Meeting, May 28, 2024 Lonking Holdings Limited, Annual General Meeting, May 28, 2024. Location: meeting Room 508, 5/F., Jucai Officeffice Building, 26 Minyi Road, Xingqiao, Songjiang Industrial, Shanghai 201612, Shanghai China Reported Earnings • Mar 28
Full year 2023 earnings released: EPS: CN¥0.15 (vs CN¥0.094 in FY 2022) Full year 2023 results: EPS: CN¥0.15 (up from CN¥0.094 in FY 2022). Revenue: CN¥10.5b (down 5.6% from FY 2022). Net income: CN¥645.4m (up 61% from FY 2022). Profit margin: 6.1% (up from 3.6% in FY 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 6.5% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 56% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings. Buy Or Sell Opportunity • Mar 05
Now 20% undervalued Over the last 90 days, the stock has risen 15% to €0.14. The fair value is estimated to be €0.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has declined by 52%. Revenue is forecast to grow by 12% in 2 years. Earnings are forecast to grow by 49% in the next 2 years. Announcement • Feb 10
Lonking Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Lonking Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 New Risk • Jan 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 7.4% 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 (7.4% average weekly change). Large one-off items impacting financial results. Announcement • Jan 24
Lonking Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended December 31, 2023 Lonking Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2023. For the year, the company expects to record a significant increase in its net profit for the year ended 31 December 2023, as compared to the corresponding period in the previous year. The Board expects that the net profit for the reporting period was approximately RMB 600 million to RMB 700 million, representing an increase of 50% to 75% over the same period last year. The increase in net profit during the Reporting Period was mainly due to (i) the rapid increase in the scale of production and sales of the internationally oriented business, leading to a year-on-year increase in the Company's operating results; (ii) the significant year-on-year increase in net gains generated from financial assets. Buy Or Sell Opportunity • Jan 23
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 13% to €0.12. The fair value is estimated to be €0.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has declined by 52%. Revenue is forecast to grow by 11% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. Recent Insider Transactions • Jan 19
Founder & Non Executive Vice Chairman recently bought €668k worth of stock On the 17th of January, Ngan Ying Ngai bought around 5m shares on-market at roughly €0.14 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Ngan Ying has been a buyer over the last 12 months, purchasing a net total of €1.0m worth in shares. Recent Insider Transactions • Dec 31
Founder & Non Executive Vice Chairman recently bought €213k worth of stock On the 27th of December, Ngan Ying Ngai bought around 2m shares on-market at roughly €0.14 per share. This transaction amounted to less than 1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Ngan Ying's only on-market trade for the last 12 months. Buying Opportunity • Dec 20
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 16%. The fair value is estimated to be €0.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has declined by 52%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 39% in the next 2 years. Buying Opportunity • Oct 26
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €0.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 5.6% over the last 3 years. Earnings per share has declined by 52%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 41% in the next 2 years. Reported Earnings • Oct 02
First half 2023 earnings released: EPS: CN¥0.072 (vs CN¥0.035 in 1H 2022) First half 2023 results: EPS: CN¥0.072 (up from CN¥0.035 in 1H 2022). Revenue: CN¥5.73b (down 4.7% from 1H 2022). Net income: CN¥307.4m (up 108% from 1H 2022). Profit margin: 5.4% (up from 2.5% in 1H 2022). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 3.4% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 31
First half 2023 earnings released: EPS: CN¥0.072 (vs CN¥0.035 in 1H 2022) First half 2023 results: EPS: CN¥0.072 (up from CN¥0.035 in 1H 2022). Revenue: CN¥5.73b (down 4.7% from 1H 2022). Net income: CN¥307.4m (up 108% from 1H 2022). Profit margin: 5.4% (up from 2.5% in 1H 2022). Revenue is forecast to grow 5.4% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Buying Opportunity • Aug 14
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €0.18, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 37%. For the next 3 years, revenue is forecast to grow by 4.0% per annum. Earnings is also forecast to grow by 21% per annum over the same time period. Announcement • Aug 01
Lonking Holdings Limited to Report First Half, 2023 Results on Aug 29, 2023 Lonking Holdings Limited announced that they will report first half, 2023 results on Aug 29, 2023 New Risk • Jul 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.7% 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 Dividend is not well covered by earnings (95% payout ratio). Share price has been volatile over the past 3 months (6.7% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (3.6% net profit margin). Buying Opportunity • May 30
Now 27% undervalued after recent price drop Over the last 90 days, the stock is down 23%. The fair value is estimated to be €0.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 37%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings is also forecast to grow by 20% per annum over the same time period. Announcement • May 29
Lonking Holdings Limited Approves Final Dividend for the Year Ended December 31, 2022, Payable on or Before July 28, 2023 Lonking Holdings Limited announced that at its AGM held on May 26, 2023, shareholders approved the final dividend of HKD 0.10 per share and will be distributed on or before 28 July 2023 to shareholders whose names appear on the register of members of the company at the close of business on 5 June 2023. Upcoming Dividend • May 23
Upcoming dividend of HK$0.10 per share at 6.9% yield Eligible shareholders must have bought the stock before 30 May 2023. Payment date: 28 July 2023. Payout ratio is on the higher end at 95%, however this is supported by cash flows. Trailing yield: 6.9%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (2.9%). Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: CN¥0.094 (vs CN¥0.30 in FY 2021) Full year 2022 results: EPS: CN¥0.094 (down from CN¥0.30 in FY 2021). Revenue: CN¥11.2b (down 19% from FY 2021). Net income: CN¥400.5m (down 69% from FY 2021). Profit margin: 3.6% (down from 9.3% in FY 2021). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Machinery 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 17% per year, which means it has not declined as severely as earnings. Announcement • Feb 08
Lonking Holdings Limited to Report Fiscal Year 2022 Results on Mar 28, 2023 Lonking Holdings Limited announced that they will report fiscal year 2022 results on Mar 28, 2023 Announcement • Feb 03
Lonking Holdings Limited Provides Group Earnings Guidance for the Year Ended 31 December 2022 Lonking Holdings Limited provided group earnings guidance for the year ended 31 December 2022. For the year, the group expects to record a significant decline in its net profit as compared to the corresponding period in the previous year. The Board expects that the net profit for the reporting period was approximately RMB 320 million to RMB 450 million, representing a decrease of 64.72% to 74.91% over the same period last year. Board Change • Nov 16
Less than half of directors are independent There 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. No experienced directors. 7 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Tai Wei Yu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Aug 28
First half 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.22 in 1H 2021) First half 2022 results: EPS: CN¥0.03 (down from CN¥0.22 in 1H 2021). Revenue: CN¥6.01b (down 27% from 1H 2021). Net income: CN¥147.9m (down 84% from 1H 2021). Profit margin: 2.5% (down from 12% in 1H 2021). Over the next year, revenue is forecast to grow 12%, compared to a 8.8% growth forecast for the Machinery industry in Germany. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Jul 30
Lonking Holdings Limited to Report First Half, 2022 Results on Aug 26, 2022 Lonking Holdings Limited announced that they will report first half, 2022 results on Aug 26, 2022 Announcement • Jul 16
Lonking Holdings Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022 Lonking Holdings Limited provided earnings guidance for the six months ended 30 June 2022. For the period, the group expects a substantial decline in its net profit for the first half year of 2022. The net profit will be RMB75 million to RMB 150 million, representing a decrease of 84% to 92%, as compared to the corresponding period in the previous year. The decrease in net profit during the reporting period was mainly due to (i) the domestic constructionmachinery industry in a downward adjustment period and the decrease in market demand for construction machinery in the first half of this year; (ii) the negative impact of the COVID-19 on the production and operating activities of the Group's Shanghai base; (iii) the decrease in net income generated from financial assets during the reporting period as compared to the corresponding period in the previous year. Announcement • Jul 06
Lonking Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2022, Payment Date Is 14 July 2022 Lonking Holdings Limited proposed dividend of HKD 0.22 per share for the year ended 31 December 2022. Ex-dividend date is 30 May 2022. Record date is 06 June 2022. Payment date is 14 July 2022. Date of shareholders' approval is 26 May 2022. Upcoming Dividend • May 23
Upcoming dividend of HK$0.22 per share Eligible shareholders must have bought the stock before 30 May 2022. Payment date: 29 July 2022. Payout ratio is a comfortable 60% but the company is paying out more than the cash it is generating. Trailing yield: 9.9%. Within top quartile of German dividend payers (4.3%). Higher than average of industry peers (2.6%). Reported Earnings • Apr 27
Full year 2021 earnings released: EPS: CN¥0.30 (vs CN¥0.46 in FY 2020) Full year 2021 results: EPS: CN¥0.30 (down from CN¥0.46 in FY 2020). Revenue: CN¥13.7b (up 6.3% from FY 2020). Net income: CN¥1.28b (down 35% from FY 2020). Profit margin: 9.3% (down from 15% in FY 2020). Over the next year, revenue is expected to shrink by 3.0% compared to a 9.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent There 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. No experienced directors. 7 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Tai Wei Yu was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Announcement • Mar 31
Lonking Holdings Limited, Annual General Meeting, May 26, 2022 Lonking Holdings Limited, Annual General Meeting, May 26, 2022. Location: Meeting Room 508, 5/F., Jucai Office Building, 26 Minyi Road, Xingqiao, Songjiang Industrial Songjiang Shanghai Province China Reported Earnings • Mar 30
Full year 2021 earnings released: EPS: CN¥0.30 (vs CN¥0.46 in FY 2020) Full year 2021 results: EPS: CN¥0.30 (down from CN¥0.46 in FY 2020). Revenue: CN¥13.7b (up 6.3% from FY 2020). Net income: CN¥1.28b (down 35% from FY 2020). Profit margin: 9.3% (down from 15% in FY 2020). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to stay flat compared to a 10% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Mar 30
Lonking Holdings Limited Announces Final Dividend for the Year Ended 31 December 2021, Payable 29 July 2022 Lonking Holdings Limited announced Final dividend of HKD 0.22 per share for the year ended 31 December 2021. Ex-dividend date is 30 May 2022, Record date is 06 June 2022 and Payment date is 29 July 2022. Announcement • Feb 10
Lonking Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended December 31, 2021 Lonking Holdings Limited provided consolidated earnings guidance for the year ended December 31, 2021. For the year, the Board expects that net profit will be RMB 1,050 million to RMB 1,250 million, representing a year-on-year decrease of 36% to 46%. Announcement • Feb 08
Lonking Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2021 Lonking Holdings Limited provides earnings guidance for the year ended 31 December 2021. The Group expects to record a significant decline in its net profit for the year ended 31 December 2021, as compared to the corresponding period in the previous year. The decrease in net profit in this year is mainly due to (i) The increase in the costs of primary raw materials such as steel and tires has led to a year-on-year decrease in the comprehensive gross profit margin of products; (ii) the year-on-year decrease in the investment income of financial assets. Announcement • Jan 30
Lonking Holdings Limited to Report Q4, 2021 Results on Mar 29, 2022 Lonking Holdings Limited announced that they will report Q4, 2021 results on Mar 29, 2022 Reported Earnings • Oct 01
First half 2021 earnings released: EPS CN¥0.22 (vs CN¥0.22 in 1H 2020) The company reported a mediocre first half result with weaker profit margins, although earnings were flat and revenues improved. First half 2021 results: Revenue: CN¥8.19b (up 26% from 1H 2020). Net income: CN¥944.6m (flat on 1H 2020). Profit margin: 12% (down from 14% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Reported Earnings • Aug 28
First half 2021 earnings released: EPS CN¥0.22 (vs CN¥0.22 in 1H 2020) The company reported a mediocre first half result with weaker profit margins, although earnings were flat and revenues improved. First half 2021 results: Revenue: CN¥8.19b (up 26% from 1H 2020). Net income: CN¥944.6m (flat on 1H 2020). Profit margin: 12% (down from 14% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Executive Departure • Jun 02
Independent Non-Executive Director has left the company On the 26th of May, Zhen Chen's tenure as Independent Non-Executive Director ended after 6.6 years in the role. We don't have any record of a personal shareholding under Zhen's name. A total of 2 executives have left over the last 12 months. Executive Departure • Jun 02
VP & Executive Director has left the company On the 26th of May, Jianru Luo's tenure as VP & Executive Director ended after 16.3 years in the role. As of March 2021, Jianru personally held 2.30m shares (€796k worth at the time). A total of 2 executives have left over the last 12 months. Announcement • May 27
Lonking Holdings Limited Approves Final Dividend for the Year Ended 31 December 2020, Payable on or Before 30 July 2021 Lonking Holdings Limited announced that at its Annual General Meeting held on 26 May 2021, approve the payment of final dividend of HKD 0.33 per share of the Company for the year ended 31 December 2020. A final dividend of HKD 0.33 per share was approved at the AGM and will be distributed on or before 30 July 2021 to shareholders whose names appear on the register of members of the Company at the close of business on 3 June 2021. Upcoming Dividend • May 21
Upcoming dividend of HK$0.33 per share Eligible shareholders must have bought the stock before 28 May 2021. Payment date: 30 July 2021. Trailing yield: 10%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (1.1%). Recent Insider Transactions • Apr 29
VP & Executive Director recently sold €85k worth of stock On the 27th of April, Jianru Luo sold around 241k shares on-market at roughly €0.35 per share. In the last 3 months, they made an even bigger sale worth €173k. Insiders have been net sellers, collectively disposing of €142k more than they bought in the last 12 months. Reported Earnings • Apr 28
Full year 2020 earnings released: EPS CN¥0.46 (vs CN¥0.38 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥12.9b (up 9.7% from FY 2019). Net income: CN¥1.96b (up 19% from FY 2019). Profit margin: 15% (up from 14% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Apr 27
Lonking Holdings Limited Proposes Final Dividend for the Year Ended 31 December 2020 Lonking Holdings Limited at it's Annual General Meeting to be held on 26 May 2021 proposed to approve the payment of final dividend of HKD 0.33 per share of the Company for the year ended 31 December 2020. Recent Insider Transactions • Apr 02
VP & Executive Director recently sold €173k worth of stock On the 31st of March, Jianru Luo sold around 480k shares on-market at roughly €0.36 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €57k more than they bought in the last 12 months. Reported Earnings • Mar 26
Full year 2020 earnings released: EPS CN¥0.46 (vs CN¥0.38 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: CN¥12.9b (up 9.7% from FY 2019). Net income: CN¥1.96b (up 19% from FY 2019). Profit margin: 15% (up from 14% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Is New 90 Day High Low • Mar 02
New 90-day high: €0.33 The company is up 36% from its price of €0.24 on 02 December 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.52 per share. Is New 90 Day High Low • Feb 05
New 90-day high: €0.28 The company is up 31% from its price of €0.22 on 06 November 2020. The German market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.48 per share. Announcement • Jan 26
Lonking Holdings Limited to Report Fiscal Year 2020 Results on Mar 25, 2021 Lonking Holdings Limited announced that they will report fiscal year 2020 results on Mar 25, 2021 Announcement • Jan 22
Henan Futian Xinghai Industrial Co., Ltd. has agreed to acquire Henan Longgong Machinery Manufacturing Co., Ltd from Lonking Holdings Limited (SEHK:3339) and Lonking (Shanghai) Precision Hydraulic Component Co., Ltd. for CNY 745 million. Henan Futian Xinghai Industrial Co., Ltd. has agreed to acquire Henan Longgong Machinery Manufacturing Co., Ltd from Lonking Holdings Limited (SEHK:3339) and Lonking (Shanghai) Precision Hydraulic Component Co., Ltd. for CNY 745 million on January 21, 2021. The payment settlement is based upon when all the conditions are fulfilled payment of CNY 50 million shall be made to Lonking (Shanghai) Precision Hydraulic Component Co., Ltd., within five days of receiving the above payment Lonking (Shanghai) Precision Hydraulic Component Co., Ltd and Henan Futian Xinghai Industrial Co., Ltd. shall jointly apply to the local government authority of the Henan Longgong Machinery Manufacturing Co., Ltd for registration of equity change, and within 2 working days after obtaining the acceptance certificate from the government authority for equity change, the Henan Futian Xinghai Industrial Co., Ltd. shall pay the transfer payment of CNY 50 million to Lonking (Shanghai) Precision Hydraulic Component Co., Ltd, within five working days of receiving the second payment Henan Futian Xinghai Industrial Co., Ltd., Lonking Holdings Limited (SEHK:3339) and Lonking (Shanghai) Precision Hydraulic Component Co., Ltd. shall open a bank account and apply for the local government authority for the registration of equity change, within two working days upon obtaining acceptance certificate from government the Henan Futian Xinghai Industrial Co., Ltd. shall CNY 617 million to Lonking Holdings Limited (SEHK:3339), within 180 working days after equity transfer of Henan Longgong Machinery Manufacturing Co., Ltd there is no violation of agreement then Henan Futian Xinghai Industrial Co., Ltd. shall transfer remaining CNY 28 million. The proceeds will be used, approximately CNY 617 million will be paid to the Lonking Holdings Limited (SEHK:3339) for the general working capital of the Group and approximately CNY128 million will be used to fund the production and operation of the Lonking (Shanghai) Precision Hydraulic Component Co., Ltd. The deal is subject to approval from target board. Is New 90 Day High Low • Jan 13
New 90-day high: €0.27 The company is up 21% from its price of €0.23 on 15 October 2020. The German market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Machinery industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.47 per share. Announcement • Dec 30
Lonking Holdings Limited Announces Renewal of Master Purchase Agreement with Herkules (Shanghai) Automation Equipment Co. Ltd Lonking Holdings Limited announced that on 29 December 2020 (after trading hours), the Company and Herkules entered into the Renewed Master Purchase Agreement, pursuant to which the Company agreed to purchase or would procure its subsidiaries to purchase the Automation Robot Products from Herkules from time to time for a term commenced from 1 January 2021 and ending on 31 December 2023. Is New 90 Day High Low • Nov 20
New 90-day high: €0.27 The company is up 5.0% from its price of €0.26 on 21 August 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Machinery industry, which is also up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.45 per share. Reported Earnings • Oct 01
First half earnings released Over the last 12 months the company has reported total profits of CN¥1.70b, up 28% from the prior year. Total revenue was CN¥11.5b over the last 12 months, down 4.0% from the prior year. Is New 90 Day High Low • Sep 19
New 90-day low: €0.22 The company is down 21% from its price of €0.27 on 19 June 2020. The German market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Machinery industry, which is up 12% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €0.30 per share. Announcement • Jul 31
Lonking Holdings Limited to Report First Half, 2020 Results on Aug 26, 2020 Lonking Holdings Limited announced that they will report first half, 2020 results on Aug 26, 2020 
