SEHK:1421

Stock Analysis Report

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Executive Summary

Kingbo Strike Limited, an investment holding company, engages in the construction, operation, and sale of solar power station projects in the People’s Republic of China. More Details


Snowflake Analysis

Flawless balance sheet with weak fundamentals.


Similar Companies

Share Price & News

How has Kingbo Strike's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1421 is more volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: 1421's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of Hong Kong stocks.


Market Performance


7 Day Return

-12.2%

1421

2.3%

HK Electrical

-0.4%

HK Market


1 Year Return

-42.0%

1421

7.1%

HK Electrical

9.8%

HK Market

Return vs Industry: 1421 underperformed the Hong Kong Electrical industry which returned 7.1% over the past year.

Return vs Market: 1421 underperformed the Hong Kong Market which returned 9.8% over the past year.


Shareholder returns

1421IndustryMarket
7 Day-12.2%2.3%-0.4%
30 Day-21.1%4.6%6.1%
90 Day-19.2%7.0%7.5%
1 Year-42.0%-42.0%8.6%7.1%14.4%9.8%
3 Year-49.5%-49.5%-38.8%-41.6%3.8%-7.1%
5 Year-94.8%-94.8%-46.6%-49.8%35.1%12.3%

Long-Term Price Volatility Vs. Market

How volatile is Kingbo Strike's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Kingbo Strike undervalued compared to its fair value and its price relative to the market?

0.49x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 1421's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 1421's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 1421 is unprofitable, so we can't compare its PE Ratio to the HK Electrical industry average.

PE vs Market: 1421 is unprofitable, so we can't compare its PE Ratio to the Hong Kong market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1421's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1421's PB Ratio (0.5x) is in line with the HK Electrical industry average.


Next Steps

Future Growth

How is Kingbo Strike forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.7%

Forecasted Capital Goods industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Kingbo Strike has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Kingbo Strike performed over the past 5 years?

-23.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1421 is currently unprofitable.

Growing Profit Margin: 1421 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1421 is unprofitable, and losses have increased over the past 5 years at a rate of 23.3% per year.

Accelerating Growth: Unable to compare 1421's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1421 is unprofitable, making it difficult to compare its past year earnings growth to the Electrical industry (18.6%).


Return on Equity

High ROE: 1421 has a negative Return on Equity (-21.23%), as it is currently unprofitable.


Next Steps

Financial Health

How is Kingbo Strike's financial position?


Financial Position Analysis

Short Term Liabilities: 1421's short term assets (HK$403.2M) exceed its short term liabilities (HK$67.6M).

Long Term Liabilities: 1421's short term assets (HK$403.2M) exceed its long term liabilities (HK$1.0M).


Debt to Equity History and Analysis

Debt Level: 1421 is debt free.

Reducing Debt: 1421 had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 1421 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 1421 has sufficient cash runway for 2.6 years if free cash flow continues to reduce at historical rates of 23.4% each year.


Next Steps

Dividend

What is Kingbo Strike current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1421's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1421's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1421's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1421's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1421's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.8yrs

Average board tenure


CEO

Kingbo Strike has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Yancheng Liu
Executive Chairman of the Board3.75yrsHK$1.22m0.91%
HK$ 1.3m
Runxiong Yao
Executive Director3.17yrsHK$978.00k2.21%
HK$ 3.3m
Tak Wah Tam
Non-Executive Director6.08yrsHK$360.00kno data
Jin Li
Independent Non-Executive Director3.5yrsHK$47.89kno data
Po Hon Leung
Independent Non-Executive Director5.08yrsHK$47.89kno data
Xiaodong Luo
Independent Non-Executive Director3.92yrsHK$47.89kno data

3.8yrs

Average Tenure

54yo

Average Age

Experienced Board: 1421's board of directors are considered experienced (3.8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Kingbo Strike Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kingbo Strike Limited
  • Ticker: 1421
  • Exchange: SEHK
  • Founded:
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: HK$147.370m
  • Shares outstanding: 1.39b
  • Website: https://www.kingbostrike.com

Number of Employees


Location

  • Kingbo Strike Limited
  • Wing On Centre
  • Room 1011
  • Central
  • 787480
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
1421SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDDec 2013

Biography

Kingbo Strike Limited, an investment holding company, engages in the construction, operation, and sale of solar power station projects in the People’s Republic of China. The company is involved in the supp...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/12/04 10:10
End of Day Share Price2020/12/04 00:00
Earnings2020/06/30
Annual Earnings2020/06/30


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.