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255

Lung Kee (Bermuda) HoldingsSEHK:255 Stock Report

Market Cap

HK$2.3b

7D

-0.3%

1Y

49.0%

Updated

22 Oct, 2021

Data

Company Financials
255 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends2/6

255 Overview

Lung Kee (Bermuda) Holdings Limited, an investment holding company, manufactures and markets mold bases and related products in the People’s Republic of China and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Lung Kee (Bermuda) Holdings
Historical stock prices
Current Share PriceHK$3.59
52 Week HighHK$2.33
52 Week LowHK$4.02
Beta0.57
1 Month Change0.56%
3 Month Change-2.71%
1 Year Change48.96%
3 Year Change9.12%
5 Year Change33.46%
Change since IPO243.71%

Recent News & Updates

Aug 29
Lung Kee (Bermuda) Holdings (HKG:255) Is Increasing Its Dividend To HK$0.15

Lung Kee (Bermuda) Holdings (HKG:255) Is Increasing Its Dividend To HK$0.15

Lung Kee (Bermuda) Holdings Limited ( HKG:255 ) will increase its dividend on the 28th of September to HK$0.15. This...

Shareholder Returns

255HK MachineryHK Market
7D-0.3%0.1%1.8%
1Y49.0%21.1%5.7%

Return vs Industry: 255 exceeded the Hong Kong Machinery industry which returned 21.1% over the past year.

Return vs Market: 255 exceeded the Hong Kong Market which returned 5.7% over the past year.

Price Volatility

Is 255's price volatile compared to industry and market?
255 volatility
255 Beta0.57
Industry Beta1
Market Beta1

Stable Share Price: 255 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 255's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a3,500Yuk Lung Siu

Lung Kee (Bermuda) Holdings Limited, an investment holding company, manufactures and markets mold bases and related products in the People’s Republic of China and internationally. The company is headquartered in Sha Tin, Hong Kong. Lung Kee (Bermuda) Holdings Limited is a subsidiary of Pan Island Investments Limited.

Lung Kee (Bermuda) Holdings Fundamentals Summary

How do Lung Kee (Bermuda) Holdings's earnings and revenue compare to its market cap?
255 fundamental statistics
Market CapHK$2.28b
Earnings (TTM)HK$221.99m
Revenue (TTM)HK$2.30b

10.2x

P/E Ratio

1.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
255 income statement (TTM)
RevenueHK$2.30b
Cost of RevenueHK$887.23m
Gross ProfitHK$1.41b
ExpensesHK$1.19b
EarningsHK$221.99m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.35
Gross Margin61.40%
Net Profit Margin9.66%
Debt/Equity Ratio0%

How did 255 perform over the long term?

See historical performance and comparison

Dividends

9.2%

Current Dividend Yield

94%

Payout Ratio

Valuation

Is Lung Kee (Bermuda) Holdings undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 255 (HK$3.59) is trading below our estimate of fair value (HK$13.33)

Significantly Below Fair Value: 255 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 255 is good value based on its PE Ratio (10.2x) compared to the Hong Kong Machinery industry average (11.8x).

PE vs Market: 255 is poor value based on its PE Ratio (10.2x) compared to the Hong Kong market (9.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 255's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 255's PB Ratio (1x) is in line with the HK Machinery industry average.


Future Growth

How is Lung Kee (Bermuda) Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.3%

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 Lung Kee (Bermuda) Holdings 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.


Past Performance

How has Lung Kee (Bermuda) Holdings performed over the past 5 years?

-5.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 255 has high quality earnings.

Growing Profit Margin: 255's current net profit margins (9.7%) are higher than last year (6.9%).


Past Earnings Growth Analysis

Earnings Trend: 255's earnings have declined by 5.2% per year over the past 5 years.

Accelerating Growth: 255's earnings growth over the past year (51.7%) exceeds its 5-year average (-5.2% per year).

Earnings vs Industry: 255 earnings growth over the past year (51.7%) exceeded the Machinery industry 23.8%.


Return on Equity

High ROE: 255's Return on Equity (10%) is considered low.


Financial Health

How is Lung Kee (Bermuda) Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 255's short term assets (HK$1.7B) exceed its short term liabilities (HK$390.5M).

Long Term Liabilities: 255's short term assets (HK$1.7B) exceed its long term liabilities (HK$128.8M).


Debt to Equity History and Analysis

Debt Level: 255 is debt free.

Reducing Debt: 255 had no debt 5 years ago.

Debt Coverage: 255 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 255 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Lung Kee (Bermuda) Holdings's current dividend yield, its reliability and sustainability?

9.19%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 255's dividend (9.19%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.25%).

High Dividend: 255's dividend (9.19%) is in the top 25% of dividend payers in the Hong Kong market (6.81%)


Stability and Growth of Payments

Stable Dividend: 255's dividend payments have been volatile in the past 10 years.

Growing Dividend: 255's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (93.9%), 255's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

17.1yrs

Average board tenure


CEO

Yuk Lung Siu (67 yo)

28.83yrs

Tenure

HK$9,924,000

Compensation

Mr. Yuk Lung Siu has been the Managing Director of Lung Kee Bermuda Holdings Ltd., since December 1992. Mr. Siu Co-founded Lung Kee Bermuda Holdings Ltd. He serves as the Managing Director of Lung Kee Meta...


CEO Compensation Analysis

Compensation vs Market: Yuk Lung's total compensation ($USD1.28M) is above average for companies of similar size in the Hong Kong market ($USD296.59K).

Compensation vs Earnings: Yuk Lung's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: 255's board of directors are seasoned and experienced ( 17.1 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

Lung Kee (Bermuda) Holdings Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Lung Kee (Bermuda) Holdings Limited
  • Ticker: 255
  • Exchange: SEHK
  • Founded: NaN
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: HK$2.280b
  • Shares outstanding: 631.68m

Number of Employees


Location

  • Lung Kee (Bermuda) Holdings Limited
  • Unit A, Kings Wing Plaza 2
  • 15th Floor
  • Sha Tin
  • New Territories
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 10:05
End of Day Share Price2021/10/22 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.