3339 Stock Overview
Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China.
Lonking Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$1.47|
|52 Week High||HK$2.64|
|52 Week Low||HK$1.43|
|1 Month Change||-17.88%|
|3 Month Change||-31.31%|
|1 Year Change||-43.89%|
|3 Year Change||-18.33%|
|5 Year Change||-40.00%|
|Change since IPO||311.19%|
Recent News & Updates
Is Lonking Holdings Limited (HKG:3339) Trading At A 25% Discount?
How far off is Lonking Holdings Limited ( HKG:3339 ) from its intrinsic value? Using the most recent financial data...
|3339||HK Machinery||HK Market|
Return vs Industry: 3339 underperformed the Hong Kong Machinery industry which returned -35.7% over the past year.
Return vs Market: 3339 underperformed the Hong Kong Market which returned -21.8% over the past year.
|3339 Average Weekly Movement||5.4%|
|Machinery Industry Average Movement||6.7%|
|Market Average Movement||6.5%|
|10% most volatile stocks in HK Market||12.7%|
|10% least volatile stocks in HK Market||3.2%|
Stable Share Price: 3339 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: 3339's weekly volatility (5%) has been stable over the past year.
About the Company
|1993||8,198||San Yim Li||https://www.lonking.cn|
Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China. The company also provides hydraulic excavators and skid steer loaders; and diesel, electric, and LPG forklifts. In addition, it offers components, such as axles, gear boxes, cylinders, gears, castings, and high-end hydraulic pumps and valves; and main valves, parts, pilot oil valves, radial plunger motors, swing motors and reducer assemblies, and variable plunger pumps.
Lonking Holdings Fundamentals Summary
|3339 fundamental statistics|
Is 3339 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|3339 income statement (TTM)|
|Cost of Revenue||CN¥11.23b|
Last Reported Earnings
Dec 31, 2021
Next Earnings Date
Aug 26, 2022
|Earnings per share (EPS)||0.30|
|Net Profit Margin||9.32%|
How did 3339 perform over the long term?See historical performance and comparison
14.8%Current Dividend Yield
Is 3339 undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 5/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for 3339?
Other financial metrics that can be useful for relative valuation.
|What is 3339's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does 3339's PE Ratio compare to its peers?
|3339 PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
1596 Hebei Yichen Industrial Group
1839 CIMC Vehicles (Group)
3808 Sinotruk (Hong Kong)
631 Sany Heavy Equipment International Holdings
3339 Lonking Holdings
Price-To-Earnings vs Peers: 3339 is good value based on its Price-To-Earnings Ratio (4.2x) compared to the peer average (11.1x).
Price to Earnings Ratio vs Industry
How does 3339's PE Ratio compare vs other companies in the HK Machinery Industry?
Price-To-Earnings vs Industry: 3339 is good value based on its Price-To-Earnings Ratio (4.2x) compared to the Hong Kong Machinery industry average (10.3x)
Price to Earnings Ratio vs Fair Ratio
What is 3339's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||4.2x|
|Fair PE Ratio||4.6x|
Price-To-Earnings vs Fair Ratio: 3339 is good value based on its Price-To-Earnings Ratio (4.2x) compared to the estimated Fair Price-To-Earnings Ratio (4.6x).
Share Price vs Fair Value
What is the Fair Price of 3339 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: 3339 (HK$1.47) is trading below our estimate of fair value (HK$4.5)
Significantly Below Fair Value: 3339 is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
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How is Lonking Holdings forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Future Growth Score0/6
Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 3339's earnings are forecast to decline over the next 3 years (-1.9% per year).
Earnings vs Market: 3339's earnings are forecast to decline over the next 3 years (-1.9% per year).
High Growth Earnings: 3339's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 3339's revenue is expected to decline over the next 3 years (-1% per year).
High Growth Revenue: 3339's revenue is forecast to decline over the next 3 years (-1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 3339's Return on Equity is forecast to be low in 3 years time (10.5%).
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How has Lonking Holdings performed over the past 5 years?
Past Performance Score1/6
Past Performance Score 1/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3339 has a large one-off gain of CN¥351.6M impacting its December 31 2021 financial results.
Growing Profit Margin: 3339's current net profit margins (9.3%) are lower than last year (15.2%).
Past Earnings Growth Analysis
Earnings Trend: 3339's earnings have grown by 18.4% per year over the past 5 years.
Accelerating Growth: 3339's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 3339 had negative earnings growth (-34.9%) over the past year, making it difficult to compare to the Machinery industry average (34.7%).
Return on Equity
High ROE: 3339's Return on Equity (12.5%) is considered low.
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How is Lonking Holdings's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: 3339's short term assets (CN¥12.5B) exceed its short term liabilities (CN¥5.7B).
Long Term Liabilities: 3339's short term assets (CN¥12.5B) exceed its long term liabilities (CN¥738.3M).
Debt to Equity History and Analysis
Debt Level: 3339 has more cash than its total debt.
Reducing Debt: 3339's debt to equity ratio has reduced from 31.9% to 6.4% over the past 5 years.
Debt Coverage: 3339's debt is well covered by operating cash flow (64.7%).
Interest Coverage: 3339 earns more interest than it pays, so coverage of interest payments is not a concern.
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What is Lonking Holdings's current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3339's dividend (14.84%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.86%).
High Dividend: 3339's dividend (14.84%) is in the top 25% of dividend payers in the Hong Kong market (8.26%)
Stability and Growth of Payments
Stable Dividend: 3339's dividend payments have been volatile in the past 10 years.
Growing Dividend: 3339's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (60.1%), 3339's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (2153.8%), 3339's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
San Yim Li (71 yo)
Mr. San Yim Li is the Founder of Lonking Holdings Ltd. (Also called as Lonking Holdings Limited) and serves as its Executive Chairman and has also been Chief Executive Officer since December 21, 2015. Mr....
CEO Compensation Analysis
Compensation vs Market: San Yim's total compensation ($USD1.74M) is above average for companies of similar size in the Hong Kong market ($USD547.70K).
Compensation vs Earnings: San Yim's compensation has been consistent with company performance over the past year.
Experienced Board: 3339's board of directors are seasoned and experienced ( 13.9 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Lonking Holdings Limited's employee growth, exchange listings and data sources
- Name: Lonking Holdings Limited
- Ticker: 3339
- Exchange: SEHK
- Founded: 1993
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Implied Market Cap: HK$6.292b
- Shares outstanding: 4.28b
- Website: https://www.lonking.cn
Number of Employees
- Lonking Holdings Limited
- No. 26 Mingyi Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/14 00:00|
|End of Day Share Price||2022/08/12 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.