Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China. More Details
Flawless balance sheet established dividend payer.
Share Price & News
How has Lonking Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
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.
7 Day Return
1 Year Return
Return vs Industry: 3339 underperformed the Hong Kong Machinery industry which returned 34.7% over the past year.
Return vs Market: 3339 underperformed the Hong Kong Market which returned 11% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Lonking Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StI Ran A Stock Scan For Earnings Growth And Lonking Holdings (HKG:3339) Passed With Ease
2 weeks ago | Simply Wall StDid You Participate In Any Of Lonking Holdings' (HKG:3339) Fantastic 122% Return ?
3 weeks ago | Simply Wall StIs It Time To Consider Buying Lonking Holdings Limited (HKG:3339)?
Is Lonking 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: 3339 (HK$2.42) is trading below our estimate of fair value (HK$3.78)
Significantly Below Fair Value: 3339 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 3339 is good value based on its PE Ratio (5.2x) compared to the HK Machinery industry average (12.1x).
PE vs Market: 3339 is good value based on its PE Ratio (5.2x) compared to the Hong Kong market (11.1x).
Price to Earnings Growth Ratio
PEG Ratio: 3339's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: 3339's PB Ratio (1x) is in line with the HK Machinery industry average.
How is Lonking Holdings forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
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 (-8.2% per year).
Earnings vs Market: 3339's earnings are forecast to decline over the next 3 years (-8.2% per year).
High Growth Earnings: 3339's earnings are forecast to decline over the next 3 years.
Revenue vs Market: 3339's revenue (1.1% per year) is forecast to grow slower than the Hong Kong market (13.6% per year).
High Growth Revenue: 3339's revenue (1.1% per year) is forecast to grow slower than 20% 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 (12.8%).
How has Lonking Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 3339 has a large one-off gain of CN¥529.0M impacting its June 30 2020 financial results.
Growing Profit Margin: 3339's current net profit margins (14.8%) are higher than last year (11.1%).
Past Earnings Growth Analysis
Earnings Trend: 3339's earnings have grown significantly by 39.2% per year over the past 5 years.
Accelerating Growth: 3339's earnings growth over the past year (27.7%) is below its 5-year average (39.2% per year).
Earnings vs Industry: 3339 earnings growth over the past year (27.7%) exceeded the Machinery industry -1.5%.
Return on Equity
High ROE: 3339's Return on Equity (18.8%) is considered low.
How is Lonking Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 3339's short term assets (CN¥12.5B) exceed its short term liabilities (CN¥6.9B).
Long Term Liabilities: 3339's short term assets (CN¥12.5B) exceed its long term liabilities (CN¥106.7M).
Debt to Equity History and Analysis
Debt Level: 3339's debt to equity ratio (8%) is considered satisfactory.
Reducing Debt: 3339's debt to equity ratio has reduced from 60.2% to 8% over the past 5 years.
Debt Coverage: 3339's debt is well covered by operating cash flow (156.7%).
Interest Coverage: 3339 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Lonking Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 3339's dividend (10.32%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.2%).
High Dividend: 3339's dividend (10.32%) is in the top 25% of dividend payers in the Hong Kong market (6.59%)
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.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (56.3%), 3339's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 3339's dividends in 3 years are forecast to be covered by earnings (56.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
San Yim Li (69 yo)
Mr. San Yim Li is the Founder of Lonking Holdings Ltd. (Also called as China Infrastructure Machinery Holdings Ltd.) and serves as its Executive Chairman and has also been Chief Executive Officer since Dec...
CEO Compensation Analysis
Compensation vs Market: San Yim's total compensation ($USD1.48M) is above average for companies of similar size in the Hong Kong market ($USD589.08K).
Compensation vs Earnings: San Yim's compensation has been consistent with company performance over the past year.
|CFO & Executive Director||8.58yrs||CN¥849.00k||no data|
|VP & Executive Director||15.83yrs||CN¥900.00k||0.065% |
|Executive VP & Executive Director||15.83yrs||CN¥1.25m||0.037% |
|VP, GM of Excavator Business Segment & Executive Director||8.58yrs||CN¥1.25m||0.010% |
|Independent Non Executive Director||15.83yrs||CN¥200.00k||no data|
|Non Executive Vice Chairman||no data||CN¥1.20m||56.03% |
|Independent Non-Executive Director||7.33yrs||CN¥100.00k||no data|
|Independent Non-Executive Director||6.17yrs||CN¥100.00k||no data|
Experienced Board: 3339's board of directors are considered experienced (8.6 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.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Lonking Holdings Limited's company bio, 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
- Market Cap: HK$10.187b
- Shares outstanding: 4.28b
- Website: https://www.lonking.cn
Number of Employees
- Lonking Holdings Limited
- No. 26 Mingyi Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|3339||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Nov 2005|
|C9IB||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Nov 2005|
|LONK.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Nov 2005|
|3339||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Nov 2005|
|3339||SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Nov 2005|
|LKHL.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||May 2010|
Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China. It also provide...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/12/03 10:04|
|End of Day Share Price||2020/12/03 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.