New Risk • Jul 21
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 8.0% 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 (8.0% average weekly change). Market cap is less than US$100m (€77.2m market cap, or US$88.0m). Announcement • Jul 21
Kingdom Holdings Limited Provides Consolidated Earnings Guidance for the Six Months Ended June 30, 2026 Kingdom Holdings Limited provided consolidated earnings guidance for the six months ended June 30, 2026. For the period, the company expects net profit of not less than RMB 100,000,000 and net profit attributable to owners of the parent also not less than RMB 100,000,000. This represents a turnaround from a net loss of RMB 121,517,000 and a net loss attributable to owners of the parent of RMB 118,553,000 for the six months ended 30 June 2025, respectively. The significant improvement in performance is mainly attributable to (1) gradual recovery of linen yarn prices since the second half of 2025 after significant market adjustments in raw material and linen yarn prices from the end of 2024 to the second quarter of 2025, which led to an improvement in the Group's operating margins and overall profitability during the Relevant Period; and (2) the domestic linen consumer market has become one of the world's largest linen consumer markets, boosting product demand and enhancing overall profitability. The information contained in this announcement is only based on a preliminary assessment by the Board based on information currently available to it, including the unaudited consolidated management accounts of the Group for the six months ended 30 June 2026, which have not been confirmed or reviewed by the Company's auditors or the audit committee of the Company. The actual results of the Group for the six months ended 30 June 2026 may differ from the disclosure in this announcement. Detailed financial results of the Group for the six months ending 30 June 2026 will be announced in August 2026. Upcoming Dividend • Jun 25
Upcoming dividend of HK$0.06 per share Eligible shareholders must have bought the stock before 02 July 2026. Payment date: 29 July 2026. Payout ratio is a comfortable 53% and this is well supported by cash flows. Trailing yield: 5.2%. Within top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.5%). Board Change • May 20
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Non-Executive Director Lei Fan was the last independent director to join the board, commencing their role in 2024. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Mar 13
Kingdom Holdings Limited to Report Fiscal Year 2025 Results on Mar 25, 2026 Kingdom Holdings Limited announced that they will report fiscal year 2025 results at 9:30 AM, China Standard Time on Mar 25, 2026 Announcement • Aug 15
Kingdom Holdings Limited to Report First Half, 2025 Results on Aug 27, 2025 Kingdom Holdings Limited announced that they will report first half, 2025 results on Aug 27, 2025 Announcement • Mar 14
Kingdom Holdings Limited to Report Fiscal Year 2024 Results on Mar 26, 2025 Kingdom Holdings Limited announced that they will report fiscal year 2024 results on Mar 26, 2025 Reported Earnings • Sep 04
First half 2024 earnings released: EPS: CN¥0.12 (vs CN¥0.11 in 1H 2023) First half 2024 results: EPS: CN¥0.12 (up from CN¥0.11 in 1H 2023). Revenue: CN¥1.13b (up 38% from 1H 2023). Net income: CN¥74.0m (up 9.5% from 1H 2023). Profit margin: 6.5% (down from 8.2% in 1H 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. New Risk • Aug 30
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 6.6% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (6.6% operating cash flow to total debt). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (8.5% average weekly change). Announcement • Aug 20
Kingdom Holdings Limited to Report First Half, 2024 Results on Aug 29, 2024 Kingdom Holdings Limited announced that they will report first half, 2024 results on Aug 29, 2024 Upcoming Dividend • Jun 14
Upcoming dividend of HK$0.09 per share Eligible shareholders must have bought the stock before 21 June 2024. Payment date: 24 July 2024. Payout ratio is a comfortable 31% but the company is not cash flow positive. Trailing yield: 7.6%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (0.7%). Reported Earnings • Apr 26
Full year 2023 earnings released: EPS: CN¥0.27 (vs CN¥0.28 in FY 2022) Full year 2023 results: EPS: CN¥0.27 (down from CN¥0.28 in FY 2022). Revenue: CN¥2.45b (up 21% from FY 2022). Net income: CN¥163.6m (down 6.9% from FY 2022). Profit margin: 6.7% (down from 8.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 63% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Reported Earnings • Mar 30
Full year 2023 earnings released: EPS: CN¥0.27 (vs CN¥0.28 in FY 2022) Full year 2023 results: EPS: CN¥0.27 (down from CN¥0.28 in FY 2022). Revenue: CN¥2.45b (up 21% from FY 2022). Net income: CN¥163.6m (down 6.9% from FY 2022). Profit margin: 6.7% (down from 8.7% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 64% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Mar 29
Kingdom Holdings Limited, Annual General Meeting, Jun 14, 2024 Kingdom Holdings Limited, Annual General Meeting, Jun 14, 2024. Announcement • Mar 28
Kingdom Holdings Limited Proposes Final Ordinary Dividend for the Year Ended December 31, 2023, Payable on July 24, 2024 Kingdom Holdings Limited proposed a final ordinary dividend of HKD 0.09 per share for the year ended December 31, 2023. The date of shareholders' approval is June 14, 2024. The ex-dividend date is June 21, 2024, record date is June 26, 2024, and payment date is July 24, 2024. Announcement • Mar 15
Kingdom Holdings Limited to Report Fiscal Year 2023 Results on Mar 28, 2024 Kingdom Holdings Limited announced that they will report fiscal year 2023 results on Mar 28, 2024 New Risk • Feb 20
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €89.8m (US$96.9m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (€89.8m market cap, or US$96.9m). Buy Or Sell Opportunity • Jan 21
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 2.8% to €0.15. The fair value is estimated to be €0.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Earnings per share has grown by 68%. New Risk • Dec 12
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 10% 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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (10% average weekly change). Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (€90.2m market cap, or US$97.1m). New Risk • Aug 31
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 45% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (45% net debt to equity). 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 (8.4% average weekly change). New Risk • Aug 22
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €87.7m (US$95.2m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. 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 (8.1% average weekly change). Market cap is less than US$100m (€87.7m market cap, or US$95.2m). Announcement • Aug 18
Kingdom Holdings Limited to Report First Half, 2023 Results on Aug 30, 2023 Kingdom Holdings Limited announced that they will report first half, 2023 results on Aug 30, 2023 New Risk • Jul 26
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 7.1% 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 (7.1% average weekly change). Upcoming Dividend • Jun 12
Upcoming dividend of HK$0.09 per share at 6.5% yield Eligible shareholders must have bought the stock before 19 June 2023. Payment date: 14 July 2023. Payout ratio is a comfortable 28% and this is well supported by cash flows. Trailing yield: 6.5%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (0.9%). Announcement • Jun 03
Kingdom Holdings Limited Approves to Declare A Final Dividend for the Year Ended 31 December 2022 Kingdom Holdings Limited approved to declare a final dividend of HKD 0.09 per ordinary share of the Company for the year ended 31 December 2022. Reported Earnings • Mar 29
Full year 2022 earnings released: EPS: CN¥0.29 (vs CN¥0.14 in FY 2021) Full year 2022 results: EPS: CN¥0.29 (up from CN¥0.14 in FY 2021). Revenue: CN¥2.02b (up 12% from FY 2021). Net income: CN¥175.7m (up 99% from FY 2021). Profit margin: 8.7% (up from 4.9% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Feb 01
Kingdom Holdings Limited Provides Consolidated Earnings Guidance for the Year Ended 31 December 2022 Kingdom Holdings Limited provided consolidated earnings guidance for the year ended 31 December 2022. The company expects that the Group's net profit for the year ended 31 December 2022 will increase by not less than 70% as compared to a net profit of RMB 90,500,000 for the year ended 31 December 2021. Board Change • Nov 16
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. 7 experienced directors. 2 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Jianmiao Yan was the last independent director to join the board, commencing their role in 2016. 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 20
First half 2022 earnings released: EPS: CN¥0.13 (vs CN¥0.023 in 1H 2021) First half 2022 results: EPS: CN¥0.13 (up from CN¥0.023 in 1H 2021). Revenue: CN¥957.1m (up 27% from 1H 2021). Net income: CN¥82.5m (up 478% from 1H 2021). Profit margin: 8.6% (up from 1.9% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Jun 13
Upcoming dividend of HK$0.06 per share Eligible shareholders must have bought the stock before 20 June 2022. Payment date: 15 July 2022. Trailing yield: 4.5%. Within top quartile of German dividend payers (4.4%). Higher than average of industry peers (1.7%). Announcement • May 28
Kingdom Holdings Limited Declares A Final Dividend for the Year Ended December 31, 2021 Kingdom Holdings Limited announced at the AGM held on May 27, 2022 that the company declared a final dividend of HKD 0.06 per ordinary share of the Company for the year ended December 31, 2021. Board Change • Apr 27
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. 7 experienced directors. 2 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Non-Executive Director Jianmiao Yan was the last independent director to join the board, commencing their role in 2016. 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 • Apr 22
Full year 2021 earnings released: EPS: CN¥0.14 (vs CN¥0.018 loss in FY 2020) Full year 2021 results: EPS: CN¥0.14 (up from CN¥0.018 loss in FY 2020). Revenue: CN¥1.80b (up 70% from FY 2020). Net income: CN¥88.2m (up CN¥99.4m from FY 2020). Profit margin: 4.9% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. 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 10% per year, which means it has not declined as severely as earnings. Announcement • Apr 21
Kingdom Holdings Limited, Annual General Meeting, May 27, 2022 Kingdom Holdings Limited, Annual General Meeting, May 27, 2022, at 15:30 China Standard Time. Location: United Conference Centre, 10/F, United Centre, 95 Queensway Admiralty Hong Kong Agenda: To receive, consider and adopt the audited consolidated financial statements and the reports of the directors of the Company (the "Directors") and the auditors of the Company for the year ended 31 December 2021; to declare a final dividend of HK$0.06 per ordinary share of the Company for the year ended 31 December 2021; to re-elect directors; to authorize the Board to fix the remuneration of the Directors; to re-appoint Ernst & Young as auditors of the Company and to authorize the board of Directors to fix their remuneration; to grant a general mandate to the Directors to allot, issue and deal with shares; to grant a general mandate to the Directors to buy back shares; to approve the proposed amendments to the existing memorandum of association; and to consider other matters. Announcement • Mar 06
Kingdom Holdings Limited to Report Fiscal Year 2021 Results on Mar 18, 2022 Kingdom Holdings Limited announced that they will report fiscal year 2021 results on Mar 18, 2022 Reported Earnings • Aug 22
First half 2021 earnings released: EPS CN¥0.023 (vs CN¥0.016 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: CN¥756.7m (up 78% from 1H 2020). Net income: CN¥14.3m (up 42% from 1H 2020). Profit margin: 1.9% (down from 2.4% in 1H 2020). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Reported Earnings • Apr 24
Full year 2020 earnings released: CN¥0.016 loss per share (vs CN¥0.25 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥1.06b (down 30% from FY 2019). Net loss: CN¥9.95m (down 107% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Announcement • Mar 21
Kingdom Holdings Limited Do Not Recommend the Payment of Dividend for the Year Ended 31 December 2020 Kingdom Holdings Limited did not recommend the payment of any dividend for the year ended 31 December 2020 against HKD 0.07 per ordinary share paid for the same period a year ago. Reported Earnings • Mar 20
Full year 2020 earnings released: CN¥0.02 loss per share (vs CN¥0.25 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: CN¥1.06b (down 30% from FY 2019). Net loss: CN¥9.95m (down 107% from profit in FY 2019). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Announcement • Mar 20
Kingdom Holdings Limited, Annual General Meeting, May 21, 2021 Kingdom Holdings Limited, Annual General Meeting, May 21, 2021. Announcement • Mar 09
Kingdom Holdings Limited to Report Fiscal Year 2020 Results on Mar 19, 2021 Kingdom Holdings Limited announced that they will report fiscal year 2020 results on Mar 19, 2021 Announcement • Aug 08
Kingdom Holdings Limited to Report First Half, 2020 Results on Aug 21, 2020 Kingdom Holdings Limited announced that they will report first half, 2020 results on Aug 21, 2020