SEHK:637

Stock Analysis Report

NOT FOR DISTRIBUTION
Header cover image

Executive Summary

Lee Kee Holdings Limited, an investment holding company, engages in the trading of non-ferrous metals in Hong Kong, Mainland China, Malaysia, Indonesia, India, Thailand, Vietnam, and Singapore.


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Lee Kee Holdings's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 637 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

6.7%

637

-1.3%

HK Trade Distributors

-0.8%

HK Market


1 Year Return

-39.2%

637

-26.7%

HK Trade Distributors

-0.8%

HK Market

Return vs Industry: 637 underperformed the Hong Kong Trade Distributors industry which returned -27.3% over the past year.

Return vs Market: 637 underperformed the Hong Kong Market which returned -1% over the past year.


Shareholder returns

637IndustryMarket
7 Day6.7%-1.3%-0.8%
30 Day6.7%0.5%9.0%
90 Day18.2%-2.7%11.8%
1 Year-39.2%-39.2%-24.6%-26.7%3.2%-0.8%
3 Year-58.4%-61.9%-44.9%-48.1%7.4%-4.2%
5 Year-62.9%-66.7%-64.1%-68.4%9.6%-8.7%

Price Volatility Vs. Market

How volatile is Lee Kee Holdings's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Lee Kee Holdings undervalued compared to its fair value and its price relative to the market?

0.23x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: 637 (HK$0.24) is trading above our estimate of fair value (HK$0.19)

Significantly Below Fair Value: 637 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 637 is unprofitable, so we can't compare its PE Ratio to the HK Trade Distributors industry average.

PE vs Market: 637 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 637's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 637 is good value based on its PB Ratio (0.2x) compared to the HK Trade Distributors industry average (0.5x).


Next Steps

Future Growth

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

9.4%

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 Lee Kee 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.


Next Steps

Past Performance

How has Lee Kee Holdings performed over the past 5 years?

-10.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 637 is currently unprofitable.

Growing Profit Margin: 637 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 637 is unprofitable, and losses have increased over the past 5 years at a rate of -10.6% per year.

Accelerating Growth: Unable to compare 637's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 637 is unprofitable, making it difficult to compare its past year earnings growth to the Trade Distributors industry (-5.9%).


Return on Equity

High ROE: 637 has a negative Return on Equity (-14.85%), as it is currently unprofitable.


Next Steps

Financial Health

How is Lee Kee Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 637's short term assets (HK$947.6M) exceed its short term liabilities (HK$174.3M).

Long Term Liabilities: 637's short term assets (HK$947.6M) exceed its long term liabilities (HK$19.4M).


Debt to Equity History and Analysis

Debt Level: 637's debt to equity ratio (13.9%) is considered satisfactory.

Reducing Debt: 637's debt to equity ratio has reduced from 35.3% to 13.9% over the past 5 years.


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: Insufficient data to determine if 637 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 637 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Lee Kee Holdings's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 637's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 637'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 637's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 637's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 637 is not paying a notable dividend for the Hong Kong market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 637'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?

6.1yrs

Average board tenure


CEO

Clara Chan (48yo)

no data

Tenure

HK$3,054,000

Compensation

Ms. Yuen Shan Chan, also known as Clara, MH, serves as Chief Executive Officer of Lee Kee Holdings limited. Ms. Chan joined Lee Kee Holdings limited in November 1995 and is responsible for its overall mana ...


CEO Compensation Analysis

Compensation vs Market: Clara's total compensation ($USD394.02K) is above average for companies of similar size in the Hong Kong market ($USD229.37K).

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


Board Members

NamePositionTenureCompensationOwnership
Pak Chung Chan
Chairman of the Board14.67yrsHK$2.40mno data
Yuen Shan Chan
Vice Chairman & CEOno dataHK$3.05mno data
Pui Shan Okusako Chan
Acting COO2.75yrsHK$1.59mno data
Ka Chun Chan
Executive Director2.75yrsHK$1.54mno data
Man Keung Poon
Director of Lee Yip Metal Products Company Ltd and GM - Lee Yip Metal Products Company Ltdno datano datano data
Wai Kwok Chung
Independent Non-Executive Director13.83yrsHK$240.00kno data
Kwai Ching Ho
Independent Non-Executive Director6.08yrsHK$240.00k0.0060% HK$11.7k
Lun Tai
Independent Non-Executive Director0.25yrno datano data

6.1yrs

Average Tenure

55yo

Average Age

Experienced Board: 637's board of directors are considered experienced (6.1 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.


Ownership Breakdown

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


Top Shareholders

Company Information

Lee Kee Holdings Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lee Kee Holdings Limited
  • Ticker: 637
  • Exchange: SEHK
  • Founded: 1947
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: HK$193.928m
  • Shares outstanding: 828.75m
  • Website: https://www.leekeegroup.com

Number of Employees


Location

  • Lee Kee Holdings Limited
  • 16 Dai Fat Street
  • Tai Po Industrial Estate
  • Tai Po
  • New Territories
  • Hong Kong

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
637SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDOct 2006

Biography

Lee Kee Holdings Limited, an investment holding company, engages in the trading of non-ferrous metals in Hong Kong, Mainland China, Malaysia, Indonesia, India, Thailand, Vietnam, and Singapore. The company offers zinc, zinc alloy, nickel, nickel-related products, aluminum, aluminum alloy, stainless steel, and other electroplating chemical products, as well as lead free tin-copper solder wires. It also provides precious metals, including potassium gold cyanide, gold (I) potassium cyanide, potassium silver cyanide, silver anode, diaminedichloro palladium, rhodium plating solution, and RD-A1 rhodium sulphate; other metals and products, such as pewter alloys, lead sheets, magnesium alloys, silicon rubber molds, and tin ingots; and base metals comprising copper. In addition, the company trades in chemical products; holds properties; and provides management and technical consultancy services. Further, it is involved in the metal testing; and commodities and futures brokerage activities. The company offers its products under the Genesis/GZ, Korea Zinc/KZ, Mastercast, Mitsui/ZAC, SA, Zintec, LMP, CASS, Timco, Intech, Eramet, IMC, Incomond, Lanxess, Luvata, Norilsk, Vale Inco, Umicore, Metalor, Rhodstar, Johnson Matthey, and other brands. It serves the automotive, builder’s hardware, telecommunication, fashion accessory, toys and gifts, mechanical component, tableware, silverware, bathroom hardware, zipper, ceiling fan, electronics, sports equipment, gas regulator, and furniture industries. The company was founded in 1947 and is headquartered in Tai Po, Hong Kong. Lee Kee Holdings Limited is a subsidiary of Gold Alliance Global Services Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/13 12:42
End of Day Share Price2020/07/13 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.