Kingboard Laminates Holdings Limited, an investment holding company, operates as a vertically-integrated electronic materials manufacturer in the People's Republic of China, other Asian countries, Europe, and America.
Flawless balance sheet, undervalued and pays a dividend.
Share Price & News
How has Kingboard Laminates Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KLN's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: KLN exceeded the German Electronic industry which returned -27.6% over the past year.
Return vs Market: KLN exceeded the German Market which returned -17.2% over the past year.
Price Volatility Vs. Market
How volatile is Kingboard Laminates Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Kingboard Laminates Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: KLN (€0.81) is trading below our estimate of fair value (€2.37)
Significantly Below Fair Value: KLN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: KLN is good value based on its PE Ratio (9x) compared to the Electronic industry average (18.2x).
PE vs Market: KLN is good value based on its PE Ratio (9x) compared to the German market (16.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KLN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KLN is good value based on its PB Ratio (1.2x) compared to the DE Electronic industry average (1.2x).
How is Kingboard Laminates Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if KLN's forecast earnings growth is above the savings rate (-0.4%).
Earnings vs Market: Insufficient data to determine if KLN's earnings are forecast to grow faster than the German market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: Insufficient data to determine if KLN's revenue is forecast to grow faster than the German market.
High Growth Revenue: Insufficient data to determine if KLN's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if KLN's Return on Equity is forecast to be high in 3 years time
How has Kingboard Laminates Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KLN has high quality earnings.
Growing Profit Margin: KLN's current net profit margins (13.1%) are lower than last year (15.7%).
Past Earnings Growth Analysis
Earnings Trend: KLN's earnings have grown by 14.6% per year over the past 5 years.
Accelerating Growth: KLN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KLN had negative earnings growth (-26.1%) over the past year, making it difficult to compare to the Electronic industry average (-7.4%).
Return on Equity
High ROE: KLN's Return on Equity (12.8%) is considered low.
How is Kingboard Laminates Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: KLN's short term assets (HK$14.7B) exceed its short term liabilities (HK$5.3B).
Long Term Liabilities: KLN's short term assets (HK$14.7B) exceed its long term liabilities (HK$1.7B).
Debt to Equity History and Analysis
Debt Level: KLN's debt to equity ratio (15.7%) is considered satisfactory.
Reducing Debt: KLN's debt to equity ratio has reduced from 35% to 15.7% over the past 5 years.
Debt Coverage: KLN's debt is well covered by operating cash flow (147%).
Interest Coverage: KLN's interest payments on its debt are well covered by EBIT (33.7x coverage).
Inventory Level: KLN has a high level of physical assets or inventory.
Debt Coverage by Assets: KLN's debt is covered by short term assets (assets are 5x debt).
What is Kingboard Laminates Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: KLN's dividend (5.71%) is higher than the bottom 25% of dividend payers in the German market (1.65%).
High Dividend: KLN's dividend (5.71%) is in the top 25% of dividend payers in the German market (4.87%)
Stability and Growth of Payments
Stable Dividend: KLN's dividend payments have been volatile in the past 10 years.
Growing Dividend: KLN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (51.3%), KLN's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: KLN's dividends in 3 years are forecast to be well covered by earnings (48% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Kwok Keung Cheung (66yo)
Mr. Kwok Keung Cheung has been the Managing Director of Kingboard Laminates Holdings Ltd. since July 20, 2006 and serves as its Chief Executive Officer. Mr. Cheung has over 13 years' experience in the lami ...
CEO Compensation Analysis
Compensation vs Market: Kwok Keung's total compensation ($USD2.37M) is below average for companies of similar size in the German market ($USD3.67M).
Compensation vs Earnings: Kwok Keung's compensation has been consistent with company performance over the past year.
|Executive Chairman||13.75yrs||HK$23.39m||0.23% HK$5.9m|
|CEO, MD & Executive Director||no data||HK$18.36m||0.011% HK$290.4k|
|Executive Director||13.42yrs||HK$3.08m||no data|
|Executive Director||13.42yrs||HK$18.20m||0.042% HK$1.1m|
|Executive Director||13.92yrs||HK$18.49m||0.032% HK$825.5k|
|Executive Director||13.75yrs||HK$4.46m||0.000060% HK$1.5k|
|Independent Non-Executive Director||4.67yrs||HK$390.00k||no data|
|Non-Executive Director||13.75yrs||HK$1.71m||no data|
|Independent Non-Executive Director||8.92yrs||HK$630.00k||no data|
|Independent Non-Executive Director||13.42yrs||HK$342.00k||no data|
Experienced Board: KLN's board of directors are seasoned and experienced ( 13.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: KLN insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kingboard Laminates Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Kingboard Laminates Holdings Limited
- Ticker: KLN
- Exchange: DB
- Industry: Electronic Components
- Sector: Tech
- Market Cap: HK$21.444b
- Listing Market Cap: HK$2.543b
- Shares outstanding: 3.08b
- Website: https://www.kblaminates.com
Number of Employees
- Kingboard Laminates Holdings Limited
- Delta House
- 23rd Floor
- New Territories
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1888||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Dec 2006|
|KLN||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Dec 2006|
|KGBL.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Dec 2006|
|1888||SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Dec 2006|
|1888||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Dec 2006|
|KLN||BRSE (Berne Stock Exchange)||Yes||Ordinary Shares||CH||CHF||Dec 2006|
|KGBL.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||Mar 2011|
Kingboard Laminates Holdings Limited, an investment holding company, operates as a vertically-integrated electronic materials manufacturer in the People's Republic of China, other Asian countries, Europe, and America. The company manufactures and sells laminates, including glass epoxy laminates, paper laminates, and composite epoxy material laminates. It also provides upstream component materials, such as copper foils, glass yarn, glass fabrics, bleached Kraft paper, epoxy resin, Kraft paper for copper-clad laminates, and polyvinyl butyral products, as well as chemicals; and offers drilling services comprising drilling of holes into the laminates. In addition, the company invests in and rents properties; and provides hotel accommodation services, and food and beverage and other ancillary services, as well as sells residential units. The company is headquartered in Shatin, Hong Kong. Kingboard Laminates Holdings Limited is a subsidiary of Jamplan (BVI) Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/02 22:25|
|End of Day Share Price||2020/04/02 00:00|
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.