SEHK:924

Stock Analysis Report

Executive Summary

Khoon Group Limited, an investment holding company, operates as a mechanical and electrical service provider specialized in providing electrical engineering solutions in Singapore.


Snowflake Analysis

Flawless balance sheet with proven track record.


Similar Companies

Share Price & News

How has Khoon Group's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 924's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.3%

924

4.4%

HK Construction

4.0%

HK Market


1 Year Return

n/a

924

-34.6%

HK Construction

-20.3%

HK Market

Return vs Industry: Insufficient data to determine how 924 performed against the Hong Kong Construction industry.

Return vs Market: Insufficient data to determine how 924 performed against the Hong Kong Market.


Shareholder returns

924IndustryMarket
7 Day6.3%4.4%4.0%
30 Day-2.3%-9.0%-9.6%
90 Day-20.8%-16.3%-16.0%
1 Yearn/a-31.3%-34.6%-17.4%-20.3%
3 Yearn/a-44.7%-50.5%-3.2%-13.0%
5 Yearn/a-48.1%-55.7%-7.4%-22.3%

Price Volatility Vs. Market

How volatile is Khoon Group's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Khoon Group undervalued compared to its fair value and its price relative to the market?

10.74x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 924's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 924's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 924 is poor value based on its PE Ratio (10.7x) compared to the Construction industry average (8x).

PE vs Market: 924 is poor value based on its PE Ratio (10.7x) compared to the Hong Kong market (9x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 924's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 924 is overvalued based on its PB Ratio (2x) compared to the HK Construction industry average (0.9x).


Next Steps

Future Growth

How is Khoon Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

10.4%

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 Khoon Group 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 Khoon Group performed over the past 5 years?

11.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 924 has a high level of non-cash earnings.

Growing Profit Margin: 924's current net profit margins (10.4%) are higher than last year (8.7%).


Past Earnings Growth Analysis

Earnings Trend: 924's earnings have grown by 11.5% per year over the past 5 years.

Accelerating Growth: 924's earnings growth over the past year (51.2%) exceeds its 5-year average (11.5% per year).

Earnings vs Industry: 924 earnings growth over the past year (51.2%) exceeded the Construction industry -7.1%.


Return on Equity

High ROE: 924's Return on Equity (14.2%) is considered low.


Next Steps

Financial Health

How is Khoon Group's financial position?


Financial Position Analysis

Short Term Liabilities: 924's short term assets (SGD67.9M) exceed its short term liabilities (SGD31.7M).

Long Term Liabilities: 924's short term assets (SGD67.9M) exceed its long term liabilities (SGD219.8K).


Debt to Equity History and Analysis

Debt Level: 924 is debt free.

Reducing Debt: 924 had no debt 5 years ago.

Debt Coverage: 924 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 924 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 924 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 924's debt is covered by short term assets.


Next Steps

Dividend

What is Khoon Group's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 924's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 924'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 924's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 924'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 924'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?

1.2yrs

Average board tenure


CEO

KK Ang (44yo)

1.67s

Tenure

S$487,712

Compensation

Mr. Kok Kwang Ang (Hong Guoguang), also known as KK, is the Chief Executive Officer and Executive Director of Khoon Group Ltd., since July 24, 2018. He is responsible for the day-to-day operations and over ...


CEO Compensation Analysis

Compensation vs Market: KK's total compensation ($USD341.25K) is above average for companies of similar size in the Hong Kong market ($USD229.12K).

Compensation vs Earnings: KK's compensation has increased by more than 20% in the past year.


Board Members

NamePositionTenureCompensationOwnership
Jui Khoon Ang
Chairman of the Board1.58yrsS$426.55kno data
Kok Kwang Ang
CEO & Executive Director1.67yrsS$487.71kno data
Yong Kwang Ang
GM & Executive Director1.67yrsS$396.50kno data
Pei Fung Tan
Independent Non-Executive Director0.75yrno datano data
Kwang Yeo
Independent Non-Executive Director0.75yrno datano data
Chin Kheong Hon
Independent Non-Executive Director0.75yrno datano data

1.2yrs

Average Tenure

40yo

Average Age

Experienced Board: 924's board of directors are not considered experienced ( 1.2 years average tenure), which suggests a new board.


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: 924 only recently listed within the past 12 months, with total shares outstanding growing by 0% in the past year..


Top Shareholders

Company Information

Khoon Group Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Khoon Group Limited
  • Ticker: 924
  • Exchange: SEHK
  • Founded: 2018
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: HK$420.000m
  • Shares outstanding: 1.00b
  • Website: https://www.khoongroup.com

Number of Employees


Location

  • Khoon Group Limited
  • Ang Mo Kio Avenue 5
  • Block 5000
  • Singapore
  • 569870
  • Singapore

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
924SEHK (The Stock Exchange of Hong Kong Ltd.)YesOrdinary SharesHKHKDJul 2019

Biography

Khoon Group Limited, an investment holding company, operates as a mechanical and electrical service provider specialized in providing electrical engineering solutions in Singapore. Its electrical engineering services primarily comprise customization and/or installation of electrical systems; assisting to obtain statutory approvals; and testing and commissioning. The company offers its electrical engineering services to new building developments, redevelopment, repair, additions and alterations works to existing buildings and structures, and upgrading projects for residential, commercial, and industrial buildings. Khoon Group Limited was incorporated in 2018 and is headquartered in Singapore. Khoon Group Limited is a subsidiary of Lead Development Investment Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/03/30 13:38
End of Day Share Price2020/03/30 00:00
Earnings2019/12/31
Annual Earnings2019/06/30


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.