KuangChi Science Limited, an investment holding company, engages in the research and development, manufacture, and sale of future technology businesses in the People’s Republic of China, Hong Kong, New Zealand, and Canada.
Mediocre balance sheet and overvalued.
Share Price & News
How has KuangChi Science's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 439's share price has been volatile over the past 3 months.
7 Day Return
HK Aerospace & Defense
1 Year Return
HK Aerospace & Defense
Return vs Industry: 439 underperformed the Hong Kong Aerospace & Defense industry which returned 5.6% over the past year.
Return vs Market: 439 underperformed the Hong Kong Market which returned -3.8% over the past year.
Price Volatility Vs. Market
How volatile is KuangChi Science's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 weeks ago | Simply Wall StIntroducing KuangChi Science (HKG:439), The Stock That Tanked 95%
2 months ago | Simply Wall StIs KuangChi Science (HKG:439) Using Too Much Debt?
3 months ago | Simply Wall StDid You Manage To Avoid KuangChi Science's (HKG:439) Devastating 93% Share Price Drop?
Is KuangChi Science undervalued compared to its fair value and its price relative to the market?
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 439's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 439's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 439 is unprofitable, so we can't compare its PE Ratio to the Aerospace & Defense industry average.
PE vs Market: 439 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 439's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 439 is good value based on its PB Ratio (1.2x) compared to the XA Aerospace & Defense industry average (2.4x).
How is KuangChi Science forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 KuangChi Science 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.
- Take a look at our analysis of 439’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- KuangChi Science competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Capital Goods industry.
How has KuangChi Science performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 439 is currently unprofitable.
Growing Profit Margin: 439 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 439 is unprofitable, and losses have increased over the past 5 years at a rate of -5.5% per year.
Accelerating Growth: Unable to compare 439's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 439 is unprofitable, making it difficult to compare its past year earnings growth to the Aerospace & Defense industry (14.5%).
Return on Equity
High ROE: 439 has a negative Return on Equity (-26.05%), as it is currently unprofitable.
Return on Assets
Return on Capital Employed
How is KuangChi Science's financial position?
Financial Position Analysis
Short Term Liabilities: 439's short term assets (HK$724.6M) exceed its short term liabilities (HK$509.6M).
Long Term Liabilities: 439's short term assets (HK$724.6M) exceed its long term liabilities (HK$226.1M).
Debt to Equity History and Analysis
Debt Level: 439's debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: 439's debt to equity ratio has increased from 0.3% to 37.9% over the past 5 years.
Inventory Level: 439 has a high level of physical assets or inventory.
Debt Coverage by Assets: 439's debt is covered by short term assets (assets are 1.5x debt).
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: 439 has been profitable on average in the past, therefore cash runway is not a concern.
Forecast Cash Runway: 439 has been profitable on average in the past, therefore cash runway is not a concern.
What is KuangChi Science's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 439's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 439's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 439's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 439'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 439's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Lin Luan (39yo)
Dr. Lin Luan has been Vice President of Kuang-Chi Institute of Advanced Technology since 2010. Dr. Luan served as Co-Chief Executive Officer of KuangChi Science Limited from May 23, 2016 to May 23, 2019. ...
|Executive Chairman||5.5yrs||no data||no data|
|CEO, CTO & Executive Director||0.8yrs||HK$1.84m||no data|
|Executive Director||5.5yrs||HK$1.90m||no data|
|Executive Director||0yrs||no data||no data|
|Independent Non-Executive Director||0.3yrs||no data||no data|
|Independent Non-Executive Director||5.5yrs||HK$250.00k||0.0013% HK$19.8k|
|Independent Non-Executive Director||5.5yrs||HK$250.00k||no data|
Experienced Board: 439's board of directors are considered experienced (5.5 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.
KuangChi Science Limited's company bio, employee growth, exchange listings and data sources
- Name: KuangChi Science Limited
- Ticker: 439
- Exchange: SEHK
- Industry: Aerospace and Defense
- Sector: Capital Goods
- Market Cap: HK$1.521b
- Shares outstanding: 6.16b
- Website: https://www.kuangchiscience.com
Number of Employees
- KuangChi Science Limited
- Leighton Centre
- Unit 1220, 12th Floor
- Causeway Bay
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|439||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Mar 1992|
|439||SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Mar 1992|
|439||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Mar 1992|
KuangChi Science Limited, an investment holding company, engages in the research and development, manufacture, and sale of future technology businesses in the People’s Republic of China, Hong Kong, New Zealand, and Canada. It offers provision for in-depth space services and other innovative technology business, and administrative services, as well as trades chips. The company was formerly known as Climax International Company Limited and changed its name to KuangChi Science Limited in September 2014. KuangChi Science Limited is headquartered in Causeway Bay, Hong Kong. KuangChi Science Limited is a subsidiary of New Horizon Wireless Technology Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 12:52|
|End of Day Share Price||2020/02/18 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.