company background image
180

Kader HoldingsSEHK:180 Stock Report

Market Cap

HK$427.8m

7D

0%

1Y

-7.2%

Updated

20 Oct, 2021

Data

Company Financials
180 fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

180 Overview

Kader Holdings Company Limited, an investment holding company, manufactures, trades in, and sells plastic, electronic, and stuffed toys and model trains in Hong Kong, Mainland China, North America, Europe, and internationally.

Price History & Performance

Summary of all time highs, changes and price drops for Kader Holdings
Historical stock prices
Current Share PriceHK$0.45
52 Week HighHK$0.38
52 Week LowHK$0.53
Beta0.50
1 Month Change7.14%
3 Month Change2.27%
1 Year Change-7.22%
3 Year Change-49.44%
5 Year Change-35.71%
Change since IPO-18.85%

Recent News & Updates

Apr 01
Does Kader Holdings (HKG:180) Have A Healthy Balance Sheet?

Does Kader Holdings (HKG:180) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...

Feb 19
Have Insiders Been Buying Kader Holdings Company Limited (HKG:180) Shares This Year?

Have Insiders Been Buying Kader Holdings Company Limited (HKG:180) Shares This Year?

We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On...

Shareholder Returns

180HK LeisureHK Market
7D0%3.2%2.8%
1Y-7.2%24.3%6.6%

Return vs Industry: 180 underperformed the Hong Kong Leisure industry which returned 24.3% over the past year.

Return vs Market: 180 underperformed the Hong Kong Market which returned 6.6% over the past year.

Price Volatility

Is 180's price volatile compared to industry and market?
180 volatility
180 Beta0.50
Industry Beta0.70
Market Beta1

Stable Share Price: 180 is not significantly more volatile than the rest of Hong Kong stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: 180's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1948941Kenneth Tinghttps://www.kaderholdings.com

Kader Holdings Company Limited, an investment holding company, manufactures, trades in, and sells plastic, electronic, and stuffed toys and model trains in Hong Kong, Mainland China, North America, Europe, and internationally. It operates through three segments: Toys and Model Trains, Property Investment, and Investment Holding. The company produces and sells model train locomotives; other hobby items comprising electronic slot racing cars and digital controls, as well as accessories, such as scenery, promotional cars, and trucks; and scale locomotives, coach cars, rolling stockcars, cabooses, and other accessories under the Bachmann brand.

Kader Holdings Fundamentals Summary

How do Kader Holdings's earnings and revenue compare to its market cap?
180 fundamental statistics
Market CapHK$427.76m
Earnings (TTM)-HK$18.40m
Revenue (TTM)HK$441.43m

1.0x

P/S Ratio

-23.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
180 income statement (TTM)
RevenueHK$441.43m
Cost of RevenueHK$107.51m
Gross ProfitHK$333.92m
ExpensesHK$352.32m
Earnings-HK$18.40m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.019
Gross Margin75.65%
Net Profit Margin-4.17%
Debt/Equity Ratio14.4%

How did 180 perform over the long term?

See historical performance and comparison

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 180 (HK$0.45) is trading below our estimate of fair value (HK$5.04)

Significantly Below Fair Value: 180 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 180 is unprofitable, so we can't compare its PE Ratio to the Hong Kong Leisure industry average.

PE vs Market: 180 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 180's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 180 is good value based on its PB Ratio (0.2x) compared to the HK Leisure industry average (0.8x).


Future Growth

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

15.3%

Forecasted Consumer Durables 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 Kader 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.


Past Performance

How has Kader Holdings performed over the past 5 years?

-41.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 180 is currently unprofitable.

Growing Profit Margin: 180 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 180 is unprofitable, and losses have increased over the past 5 years at a rate of 41.9% per year.

Accelerating Growth: Unable to compare 180's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 180 is unprofitable, making it difficult to compare its past year earnings growth to the Leisure industry (8.4%).


Return on Equity

High ROE: 180 has a negative Return on Equity (-0.77%), as it is currently unprofitable.


Financial Health

How is Kader Holdings's financial position?


Financial Position Analysis

Short Term Liabilities: 180's short term assets (HK$448.3M) do not cover its short term liabilities (HK$509.9M).

Long Term Liabilities: 180's short term assets (HK$448.3M) exceed its long term liabilities (HK$64.1M).


Debt to Equity History and Analysis

Debt Level: 180's debt to equity ratio (14.4%) is considered satisfactory.

Reducing Debt: 180's debt to equity ratio has reduced from 23.1% to 14.4% over the past 5 years.

Debt Coverage: 180's debt is well covered by operating cash flow (41.1%).

Interest Coverage: 180's interest payments on its debt are well covered by EBIT (5.7x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 180's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 180'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 180's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 180's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 180 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 180'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?

11.3yrs

Average board tenure


CEO

Kenneth Ting (79 yo)

9.25yrs

Tenure

HK$760,000

Compensation

Mr. Woo-Shou Ting, also known as Kenneth, SBS, J.P., serves as the President at HK Wuxi Trade Association Limited. Mr. Ting has been the Chief Executive Officer of Kader Holdings Company Limited since 1989...


CEO Compensation Analysis

Compensation vs Market: Kenneth's total compensation ($USD97.73K) is below average for companies of similar size in the Hong Kong market ($USD226.12K).

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


Board Members

Experienced Board: 180's board of directors are seasoned and experienced ( 11.3 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

Kader Holdings Company Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Kader Holdings Company Limited
  • Ticker: 180
  • Exchange: SEHK
  • Founded: 1948
  • Industry: Leisure Products
  • Sector: Consumer Durables
  • Market Cap: HK$427.765m
  • Shares outstanding: 950.59m
  • Website: https://www.kaderholdings.com

Number of Employees


Location

  • Kader Holdings Company Limited
  • Kader Building
  • 11th Floor
  • Kowloon Bay
  • Kowloon
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/20 15:15
End of Day Share Price2021/10/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.