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Karrie International Holdings

BST:KRR
Snowflake Description

Adequate balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
KRR
BST
HK$2B
Market Cap
  1. Home
  2. DE
  3. Tech
Company description

Karrie International Holdings Limited, an investment holding company, provides metal and plastic products, and electronic manufacturing services (EMS) worldwide. The last earnings update was 133 days ago. More info.


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KRR Share Price and Events
7 Day Returns
-0.5%
BST:KRR
1.6%
DE Electronic
0.8%
DE Market
1 Year Returns
15.6%
BST:KRR
2.7%
DE Electronic
-4.5%
DE Market
KRR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Karrie International Holdings (KRR) -0.5% 2.3% 18.9% 15.6% 165.5% 556.8%
DE Electronic 1.6% 10.5% 19.9% 2.7% 97.7% 106%
DE Market 0.8% 6.9% 8.1% -4.5% 10.4% 13.9%
1 Year Return vs Industry and Market
  • KRR outperformed the Electronic industry which returned 2.7% over the past year.
  • KRR outperformed the Market in Germany which returned -4.5% over the past year.
Price Volatility
KRR
Industry
5yr Volatility vs Market

KRR Value

 Is Karrie International Holdings undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Karrie International Holdings to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Karrie International Holdings.

BST:KRR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year DE Government Bond Rate 0.2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for BST:KRR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year DE Govt Bond Rate 0.2%
Equity Risk Premium S&P Global 6.7%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.07
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.068 (1 + (1- 25%) (24.79%))
1.179
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.18
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 0.23% + (1.179 * 6.65%)
8.07%

Discounted Cash Flow Calculation for BST:KRR using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Karrie International Holdings is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

BST:KRR DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (HKD, Millions) Source Present Value
Discounted (@ 8.07%)
2019 227.01 Est @ -2.78% 210.06
2020 222.75 Est @ -1.88% 190.73
2021 219.98 Est @ -1.24% 174.30
2022 218.21 Est @ -0.8% 159.99
2023 217.14 Est @ -0.49% 147.32
2024 216.54 Est @ -0.28% 135.94
2025 216.26 Est @ -0.13% 125.63
2026 216.22 Est @ -0.02% 116.23
2027 216.34 Est @ 0.05% 107.61
2028 216.57 Est @ 0.11% 99.69
Present value of next 10 years cash flows HK$1,467.51
BST:KRR DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= HK$216.57 × (1 + 0.23%) ÷ (8.07% – 0.23%)
HK$2,768.74
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= HK$2,768.74 ÷ (1 + 8.07%)10
HK$1,274.43
BST:KRR Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= HK$1,467.51 + HK$1,274.43
HK$2,741.95
Equity Value per Share
(HKD)
= Total value / Shares Outstanding
= HK$2,741.95 / 1,990.81
HK$1.38
BST:KRR Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in BST:KRR represents 0.10487x of SEHK:1050
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.10487x
Value per Share
(Listing Adjusted, EUR)
= Value per Share (HKD) x Listing Adjustment Factor
= HK$ 1.38 x 0.10487
€0.14
Value per share (EUR) From above. €0.14
Current discount Discount to share price of €0.12
= -1 x (€0.12 - €0.14) / €0.14
13.6%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Karrie International Holdings is available for.
Intrinsic value
14%
Share price is €0.1248 vs Future cash flow value of €0.14444
Current Discount Checks
For Karrie International Holdings to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Karrie International Holdings's share price is below the future cash flow value, but not at a moderate discount (< 20%).
  • Karrie International Holdings's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Karrie International Holdings's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Karrie International Holdings's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
BST:KRR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-09-30) in HKD HK$0.10
SEHK:1050 Share Price ** SEHK (2019-04-25) in HKD HK$1.19
Germany Electronic Industry PE Ratio Median Figure of 13 Publicly-Listed Electronic Companies 23.82x
Germany Market PE Ratio Median Figure of 424 Publicly-Listed Companies 20.1x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Karrie International Holdings.

BST:KRR PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:1050 Share Price ÷ EPS (both in HKD)

= 1.19 ÷ 0.10

11.4x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Karrie International Holdings is good value based on earnings compared to the DE Electronic industry average.
  • Karrie International Holdings is good value based on earnings compared to the Germany market.
Price based on expected Growth
Does Karrie International Holdings's expected growth come at a high price?
Raw Data
BST:KRR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.4x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
-4.4%per year
Germany Electronic Industry PEG Ratio Median Figure of 12 Publicly-Listed Electronic Companies 2.18x
Germany Market PEG Ratio Median Figure of 268 Publicly-Listed Companies 1.57x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Karrie International Holdings, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Karrie International Holdings's assets?
Raw Data
BST:KRR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-09-30) in HKD HK$0.53
SEHK:1050 Share Price * SEHK (2019-04-25) in HKD HK$1.19
Germany Electronic Industry PB Ratio Median Figure of 19 Publicly-Listed Electronic Companies 2.57x
Germany Market PB Ratio Median Figure of 574 Publicly-Listed Companies 1.87x
BST:KRR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:1050 Share Price ÷ Book Value per Share (both in HKD)

= 1.19 ÷ 0.53

2.23x

* Primary Listing of Karrie International Holdings.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Karrie International Holdings is good value based on assets compared to the DE Electronic industry average.
X
Value checks
We assess Karrie International Holdings's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Karrie International Holdings has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

KRR Future Performance

 How is Karrie International Holdings expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Karrie International Holdings, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-4.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Karrie International Holdings expected to grow at an attractive rate?
  • Karrie International Holdings's earnings are expected to decrease over the next 1-3 years, this is below the low risk savings rate of 0.2%.
Growth vs Market Checks
  • Karrie International Holdings's earnings are expected to decrease over the next 1-3 years, this is below the Germany market average.
  • Unable to compare Karrie International Holdings's revenue growth to the Germany market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
BST:KRR Future Growth Rates Data Sources
Data Point Source Value (per year)
BST:KRR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts -4.4%
Germany Electronic Industry Earnings Growth Rate Market Cap Weighted Average 12.9%
Germany Electronic Industry Revenue Growth Rate Market Cap Weighted Average 7.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.8%
Germany Market Revenue Growth Rate Market Cap Weighted Average 4.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
BST:KRR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in HKD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
BST:KRR Future Estimates Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
BST:KRR Past Financials Data
Date (Data in HKD Millions) Revenue Cash Flow Net Income *
2018-09-30 2,783 316 208
2018-06-30 2,852 250 213
2018-03-31 2,920 184 218
2017-09-30 2,834 -102 211
2017-06-30 2,767 -68 200
2017-03-31 2,700 -34 190
2016-12-31 2,708 149 151
2016-09-30 2,700 332 134
2016-06-30 2,799 269 126
2016-03-31 2,898 206 117
2015-12-31 2,883 178 107

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Karrie International Holdings's earnings are expected to decrease over the next 1-3 years, this is not considered high growth.
  • Unable to determine if Karrie International Holdings is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
BST:KRR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (6 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Karrie International Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:KRR Future Estimates Data
Date (Data in HKD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
BST:KRR Past Financials Data
Date (Data in HKD Millions) EPS *
2018-09-30 0.10
2018-06-30 0.11
2018-03-31 0.11
2017-09-30 0.11
2017-06-30 0.10
2017-03-31 0.10
2016-12-31 0.08
2016-09-30 0.07
2016-06-30 0.06
2016-03-31 0.06
2015-12-31 0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Karrie International Holdings will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Karrie International Holdings's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Germany market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Karrie International Holdings has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

KRR Past Performance

  How has Karrie International Holdings performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Karrie International Holdings's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Karrie International Holdings has delivered over 20% year on year earnings growth in the past 5 years.
  • Karrie International Holdings's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Karrie International Holdings's 1-year earnings growth is negative, it can't be compared to the DE Electronic industry average.
Earnings and Revenue History
Karrie International Holdings's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Karrie International Holdings Company Filings, last reported 6 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

BST:KRR Past Revenue, Cash Flow and Net Income Data
Date (Data in HKD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-09-30 2,783.30 208.21 157.14
2018-06-30 2,851.59 213.10 161.85
2018-03-31 2,919.88 217.98 166.56
2017-09-30 2,834.46 210.65 158.57
2017-06-30 2,767.05 200.16 155.70
2017-03-31 2,699.64 189.67 152.83
2016-12-31 2,707.71 151.24 160.92
2016-09-30 2,699.57 134.14 161.33
2016-06-30 2,798.59 125.61 174.42
2016-03-31 2,897.61 117.08 187.51
2015-12-31 2,883.30 107.27 193.45
2015-09-30 2,868.99 97.47 199.39
2015-06-30 2,729.81 86.88 210.76
2015-03-31 2,590.62 76.30 222.13
2014-12-31 2,471.97 66.11 227.35
2014-09-30 2,353.32 55.92 232.58
2014-06-30 2,193.17 45.10 227.86
2014-03-31 2,033.02 34.29 223.14
2013-12-31 2,015.54 38.58 222.78
2013-09-30 1,998.07 42.88 222.43
2013-06-30 2,144.74 41.09 207.36
2013-03-31 2,291.40 39.31 192.30
2012-12-31 2,331.80 37.10 186.92
2012-09-30 2,372.19 34.90 181.54
2012-06-30 2,331.18 29.98 179.37

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Karrie International Holdings has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Karrie International Holdings used its assets more efficiently than the DE Electronic industry average last year based on Return on Assets.
  • Karrie International Holdings has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Karrie International Holdings's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Karrie International Holdings has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

KRR Health

 How is Karrie International Holdings's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Karrie International Holdings's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Karrie International Holdings is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Karrie International Holdings's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Karrie International Holdings's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 2.8x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Karrie International Holdings Company Filings, last reported 6 months ago.

BST:KRR Past Debt and Equity Data
Date (Data in HKD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-09-30 1,065.35 587.40 250.39
2018-06-30 1,065.35 587.40 250.39
2018-03-31 1,188.28 625.90 277.45
2017-09-30 1,073.80 569.91 185.24
2017-06-30 1,073.80 569.91 185.24
2017-03-31 1,076.75 539.93 253.66
2016-12-31 1,076.75 539.93 253.66
2016-09-30 1,025.68 320.55 250.65
2016-06-30 1,025.68 320.55 250.65
2016-03-31 1,015.84 398.65 285.04
2015-12-31 1,015.84 398.65 285.04
2015-09-30 990.91 537.64 283.30
2015-06-30 990.91 537.64 283.30
2015-03-31 987.21 365.55 203.61
2014-12-31 987.21 365.55 203.61
2014-09-30 955.55 433.24 312.40
2014-06-30 955.55 433.24 312.40
2014-03-31 939.04 163.52 233.91
2013-12-31 939.04 163.52 233.91
2013-09-30 917.40 199.72 276.34
2013-06-30 917.40 199.72 276.34
2013-03-31 925.51 271.15 314.10
2012-12-31 925.51 271.15 314.10
2012-09-30 905.34 326.87 312.38
2012-06-30 905.34 326.87 312.38
  • Karrie International Holdings's level of debt (55.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (21.7% vs 55.1% today).
  • Debt is well covered by operating cash flow (53.9%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 18.3x coverage).
X
Financial health checks
We assess Karrie International Holdings's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Karrie International Holdings has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

KRR Dividends

 What is Karrie International Holdings's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
8.66%
Current annual income from Karrie International Holdings dividends.
If you bought €2,000 of Karrie International Holdings shares you are expected to receive €173 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Karrie International Holdings's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.44%).
  • Karrie International Holdings's dividend is above the markets top 25% of dividend payers in Germany (3.67%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
BST:KRR Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Germany Electronic Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 1.1%
Germany Market Average Dividend Yield Market Cap Weighted Average of 326 Stocks 3%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.4%
Germany Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

BST:KRR Future Dividends Estimate Data
Date (Data in HK$) Dividend per Share (annual) Avg. No. Analysts
BST:KRR Past Annualized Dividends Data
Date (Data in HK$) Dividend per share (annual) Avg. Yield (%)
2018-12-13 0.103 9.206
2018-02-26 0.089 8.035
2017-11-27 0.058 4.815
2017-06-29 0.055 4.561
2016-07-20 0.035 4.417
2016-06-27 0.035 5.536
2015-08-28 0.036 8.905
2014-12-11 0.010 2.765
2014-11-27 0.010 2.681
2014-07-21 0.010 2.640
2014-06-27 0.010 2.798
2013-08-05 0.012 3.328
2013-07-29 0.012 3.989
2012-06-29 0.005 1.962
2011-06-28 0.006 3.061
2010-07-26 0.005 1.871
2010-07-19 0.005 1.995
2009-07-09 0.008 2.697

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Karrie International Holdings's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Karrie International Holdings's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Karrie International Holdings afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Karrie International Holdings has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

KRR Management

 What is the CEO of Karrie International Holdings's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Cheuk Ho
COMPENSATION HK$7,116,000
AGE 72
CEO Bio

Mr. Cheuk Fai Ho co-founded Karrie International Holdings Ltd. in 1980 and serves as its Chairman and Chief Executive Officer. Mr. Ho is responsible for Karrie International Holdingss overall corporate strategies and objectives. Prior to 1980, Mr. Ho has over 10 years of experience in factory management and in manufacturing plastic, metal and electronic products. He served as the Chairman of the Board at The Wedding City Company Limited. He has been an Executive Director of Karrie International Holdings Ltd. since October 1996. He serves as a Director of Pearl Court Company Limited. He serves as a Member of the Executive Committee at Hong Kong Hebei Association Ltd. Mr. Ho is participating in affairs of different associations, which including Honorary Chairman of the Hong Kong Metals Manufacturers Association, Chairman of the Supervisory Board of Dongguan City Fenggang Association of Enterprises with Foreign Investment and Vice Chairman of the Supervisory Board of Dongguan City Association of Enterprises with Foreign Investment. Mr. Ho is a Fellow Member of the Asian Knowledge Management Association. He was a Member of Chinese People’s Political Consultative Conference, Dongguan City, Guangdong Province in March 2004. He was a Member of the 10th Guangdong Provincial Committee of Political Consultative Conference in January 2008 and Member of 10th and 11th Chinese People’s Political Consultative Conference, Dongguan City, Guangdong Province in January 2007. He is Vice Chairman of the Executive Committee of the Overseas Friendship Association of Dongguan, Member of the Executive Committee of China Association of Enterprises with Foreign Investment, Committee Member of Hebei Chinese Overseas Friendship Association and Committee Member of Dongguan University of Technology Education Foundation of Dongguan City. He was awarded Honorary Fellowship by Canadian Chartered Institute of Business Administration and Honorary Doctorate in Management by Lincoln University in April 2007.

CEO Compensation
  • Cheuk's compensation has been consistent with company performance over the past year.
  • Cheuk's remuneration is about average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the Karrie International Holdings management team in years:

6
Average Tenure
48.5
Average Age
  • The average tenure for the Karrie International Holdings management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Cheuk Ho

TITLE
Co-Founder
COMPENSATION
HK$7M
AGE
72

Silvia Chan

TITLE
GM of Human Resources & Administration and Executive Director
COMPENSATION
HK$2M
AGE
46

Raymond Chan

TITLE
Executive GM of Marketing & Executive Director
COMPENSATION
HK$3M
AGE
51

Kai Zhao

TITLE
GM & Executive Director
COMPENSATION
HK$3M
AGE
43
TENURE
6 yrs

Scandy Ho

TITLE
Co-Founder & Director of Administration
AGE
69
TENURE
39.3 yrs

Henry Choi

TITLE
Chief Financial Officer
AGE
38

Florence Tsang

TITLE
Head of Resource Development

Wing Fai Tang

TITLE
Company Secretary
TENURE
3.3 yrs
Board of Directors Tenure

Average tenure and age of the Karrie International Holdings board of directors in years:

7.9
Average Tenure
54
Average Age
  • The tenure for the Karrie International Holdings board of directors is about average.
Board of Directors

Cheuk Ho

TITLE
Co-Founder
COMPENSATION
HK$7M
AGE
72

Cheuk Ho

TITLE
Deputy Chairman
COMPENSATION
HK$180K
AGE
64
TENURE
7.9 yrs

Silvia Chan

TITLE
GM of Human Resources & Administration and Executive Director
COMPENSATION
HK$2M
AGE
46
TENURE
8.4 yrs

Raymond Chan

TITLE
Executive GM of Marketing & Executive Director
COMPENSATION
HK$3M
AGE
51
TENURE
2.8 yrs

Kai Zhao

TITLE
GM & Executive Director
COMPENSATION
HK$3M
AGE
43
TENURE
6.4 yrs

Wai So

TITLE
Independent Non-Executive Director
COMPENSATION
HK$100K
AGE
69
TENURE
17.8 yrs

Hoi Fong

TITLE
Independent Non-Executive Director
COMPENSATION
HK$100K
AGE
54
TENURE
14.3 yrs

Kai Ho

TITLE
Non-Executive Director
COMPENSATION
HK$587K
AGE
37
TENURE
6.8 yrs

Chung Yam

TITLE
Independent Non-Executive Director
COMPENSATION
HK$154K
AGE
59
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
X
Management checks
We assess Karrie International Holdings's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Karrie International Holdings has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

KRR News

Simply Wall St News

KRR Company Info

Description

Karrie International Holdings Limited, an investment holding company, provides metal and plastic products, and electronic manufacturing services (EMS) worldwide. It operates in three segments: Metal and Plastic Business; EMS Business; and Real Estate Business. The Metal and Plastic Business segment manufactures and sells metal and plastic products, including server casings, molds, plastic and metal parts, and household products. The EMS Business segment manufactures and sells magnetic tape data storage products, point-of-sale systems, medical products, office automation products, and other computer peripherals. The Real Estate Business segment engages in urban renewal, real estate project investment, property leasing, and development operations. The company also engages in the sale of visual accessories and metal stamping dies; and property holding, trading, and management operations, as well as in the provision of management and wedding-related services. Karrie International Holdings Limited was founded in 1980 and is headquartered in Tsuen Wan, Hong Kong.

Details
Name: Karrie International Holdings Limited
KRR
Exchange: BST
Founded: 1980
HK$271,163,847
1,990,811,200
Website: http://www.karrie.com
Address: Karrie International Holdings Limited
Southeast Industrial Building,
10th Floor,
Tsuen Wan,
New Territories, Hong Kong
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 1050 Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 18. Dec 1996
BST KRR Ordinary Shares Boerse-Stuttgart DE EUR 18. Dec 1996
Number of employees
Current staff
Staff numbers
3,100
Karrie International Holdings employees.
Industry
Electronic Manufacturing Services
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/25 21:59
End of day share price update: 2019/04/25 00:00
Last estimates confirmation: 2018/07/24
Last earnings filing: 2018/12/13
Last earnings reported: 2018/09/30
Last annual earnings reported: 2018/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.