Raymond Industrial Limited, together with its subsidiaries, designs, manufactures, and sells electrical home appliances in Japan, the United States, the People’s Republic of China, Europe, rest of Asia, Australia, Canada, South America, Africa, and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$1.02|
|52 Week High||HK$0.86|
|52 Week Low||HK$1.30|
|1 Month Change||-2.86%|
|3 Month Change||-7.27%|
|1 Year Change||15.91%|
|3 Year Change||-2.86%|
|5 Year Change||0%|
|Change since IPO||-31.08%|
Recent News & Updates
|229||HK Consumer Durables||HK Market|
Return vs Industry: 229 exceeded the Hong Kong Consumer Durables industry which returned 12.7% over the past year.
Return vs Market: 229 exceeded the Hong Kong Market which returned 10.1% over the past year.
Stable Share Price: 229 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 229's weekly volatility (4%) has been stable over the past year.
About the Company
Raymond Industrial Limited, together with its subsidiaries, designs, manufactures, and sells electrical home appliances in Japan, the United States, the People’s Republic of China, Europe, rest of Asia, Australia, Canada, South America, Africa, and internationally. It offers environmental products, batteries, health and personal care products, and kitchen products, as well as other small and medium sized electrical household appliances. The company was incorporated in 1964 and is headquartered in Sha Tin, Hong Kong.
Raymond Industrial Fundamentals Summary
|229 fundamental statistics|
Is 229 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|229 income statement (TTM)|
|Cost of Revenue||HK$1.21b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.11|
|Net Profit Margin||3.81%|
How did 229 perform over the long term?See historical performance and comparison
5.9%Current Dividend Yield
Is Raymond Industrial undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 229 (HK$1.02) is trading above our estimate of fair value (HK$0.78)
Significantly Below Fair Value: 229 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 229 is poor value based on its PE Ratio (9.6x) compared to the Hong Kong Consumer Durables industry average (7.9x).
PE vs Market: 229 is good value based on its PE Ratio (9.6x) compared to the Hong Kong market (9.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 229's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 229's PB Ratio (0.8x) is in line with the HK Consumer Durables industry average.
How is Raymond Industrial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Raymond Industrial 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.
How has Raymond Industrial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 229 has high quality earnings.
Growing Profit Margin: 229's current net profit margins (3.8%) are lower than last year (4.1%).
Past Earnings Growth Analysis
Earnings Trend: 229's earnings have grown by 3.7% per year over the past 5 years.
Accelerating Growth: 229's earnings growth over the past year (10.8%) exceeds its 5-year average (3.7% per year).
Earnings vs Industry: 229 earnings growth over the past year (10.8%) underperformed the Consumer Durables industry 19.6%.
Return on Equity
High ROE: 229's Return on Equity (8.3%) is considered low.
How is Raymond Industrial's financial position?
Financial Position Analysis
Short Term Liabilities: 229's short term assets (HK$738.7M) exceed its short term liabilities (HK$263.4M).
Long Term Liabilities: 229's short term assets (HK$738.7M) exceed its long term liabilities (HK$167.0K).
Debt to Equity History and Analysis
Debt Level: 229 is debt free.
Reducing Debt: 229 has not had any debt for past 5 years.
Debt Coverage: 229 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 229 has no debt, therefore coverage of interest payments is not a concern.
What is Raymond Industrial current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 229's dividend (5.88%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.25%).
High Dividend: 229's dividend (5.88%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.77%).
Stability and Growth of Payments
Stable Dividend: 229's dividends per share have been stable in the past 10 years.
Growing Dividend: 229's dividend payments have not increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (55.8%), 229's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Raymond Wong (54 yo)
Dr. Man Hin Wong, also known as Raymond, serves as the General Manager of Raymond Industrial Ltd. Dr. Wong has been Deputy Executive Chairman of Raymond Industrial Ltd., since April 19, 2007. He has been a...
CEO Compensation Analysis
Compensation vs Market: Raymond's total compensation ($USD603.38K) is above average for companies of similar size in the Hong Kong market ($USD229.48K).
Compensation vs Earnings: Raymond's compensation has been consistent with company performance over the past year.
Experienced Board: 229's board of directors are seasoned and experienced ( 11.9 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.
Raymond Industrial Limited's employee growth, exchange listings and data sources
- Name: Raymond Industrial Limited
- Ticker: 229
- Exchange: SEHK
- Founded: 1964
- Industry: Household Appliances
- Sector: Consumer Durables
- Market Cap: HK$510.918m
- Shares outstanding: 500.90m
- Website: https://www.raymondfinance.com
Number of Employees
- Raymond Industrial Limited
- Grandtech Centre
- 18th Floor
- Sha Tin
- New Territories
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 15:31|
|End of Day Share Price||2021/09/24 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.