Kin Yat Holdings Limited, an investment holding company, engages in the design, manufacture, and sale of electrical and electronic products, motors, encoder films, and other products.
Adequate balance sheet with proven track record.
Share Price & News
How has Kin Yat Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 638 has not had significant price volatility in the past 3 months.
7 Day Return
HK Consumer Durables
1 Year Return
HK Consumer Durables
Return vs Industry: 638 underperformed the Hong Kong Consumer Durables industry which returned 12.5% over the past year.
Return vs Market: 638 underperformed the Hong Kong Market which returned 0.2% over the past year.
Price Volatility Vs. Market
How volatile is Kin Yat Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StIs Kin Yat Holdings Limited's (HKG:638) CEO Paid Enough Relative To Peers?
1 month ago | Simply Wall StHave Insiders Been Buying Kin Yat Holdings Limited (HKG:638) Shares?
5 months ago | Simply Wall StCould Kin Yat Holdings Limited's (HKG:638) Investor Composition Influence The Stock Price?
Is Kin Yat Holdings 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: Insufficient data to calculate 638's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 638's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 638 is good value based on its PE Ratio (1.8x) compared to the Consumer Durables industry average (9.7x).
PE vs Market: 638 is good value based on its PE Ratio (1.8x) compared to the Hong Kong market (10.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 638's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 638 is good value based on its PB Ratio (0.3x) compared to the HK Consumer Durables industry average (0.7x).
How is Kin Yat Holdings 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 Kin Yat 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.
- Examine whether Kin Yat Holdings is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Kin Yat Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Consumer Durables industry.
How has Kin Yat Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 638 has a large one-off gain of HK$40.2M impacting its March 31 2020 financial results.
Growing Profit Margin: 638's current net profit margins (5.7%) are higher than last year (2.7%).
Past Earnings Growth Analysis
Earnings Trend: 638 has become profitable over the past 5 years, growing earnings by 49.2% per year.
Accelerating Growth: 638's earnings growth over the past year (58.5%) exceeds its 5-year average (49.2% per year).
Earnings vs Industry: 638 earnings growth over the past year (58.5%) exceeded the Consumer Durables industry 16.1%.
Return on Equity
High ROE: 638's Return on Equity (14.2%) is considered low.
How is Kin Yat Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 638's short term assets (HK$1.5B) exceed its short term liabilities (HK$1.3B).
Long Term Liabilities: 638's short term assets (HK$1.5B) exceed its long term liabilities (HK$382.8M).
Debt to Equity History and Analysis
Debt Level: 638's debt to equity ratio (55.2%) is considered high.
Reducing Debt: 638's debt to equity ratio has increased from 19.4% to 55.2% over the past 5 years.
Debt Coverage: 638's debt is well covered by operating cash flow (30.2%).
Interest Coverage: 638's interest payments on its debt are well covered by EBIT (6.6x coverage).
What is Kin Yat Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 638's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 638's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 638's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 638's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 638 is not paying a notable dividend for the Hong Kong market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 638's dividend in 3 years as they are not forecast to pay a notable one for the Hong Kong market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Chor Kit Cheng (68yo)
Mr. Chor Kit Cheng is the Founder of Kin Yat Holdings Limited and serves as its Chairman and Chief Executive Officer. Mr. Cheng also serves as Head of Overall Operation & Strategic Planning at Kin Yat Hold ...
CEO Compensation Analysis
Compensation vs Market: Chor Kit's total compensation ($USD580.64K) is above average for companies of similar size in the Hong Kong market ($USD230.00K).
Compensation vs Earnings: Chor Kit's compensation has been consistent with company performance over the past year.
|Founder||no data||HK$4.50m||64.49% HK$203.8m|
|Executive Director||14.92yrs||HK$2.72m||1.86% HK$5.9m|
|Executive Director||10.58yrs||HK$1.29m||0.46% HK$1.4m|
|Executive Director||6.08yrs||HK$1.37m||0.68% HK$2.2m|
|Executive Director||4.33yrs||HK$1.64m||0.68% HK$2.2m|
|Independent Non Executive Director||15.83yrs||HK$382.00k||0.11% HK$360.0k|
|Independent Non Executive Director||15.83yrs||HK$382.00k||0.23% HK$720.0k|
|Independent Non-Executive Director||6yrs||HK$382.00k||0.046% HK$144.0k|
|Independent Non-Executive Director||6.08yrs||HK$382.00k||0.018% HK$57.6k|
Experienced Board: 638's board of directors are considered experienced (8.3 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.
Kin Yat Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Kin Yat Holdings Limited
- Ticker: 638
- Exchange: SEHK
- Founded: 1981
- Industry: Household Appliances
- Sector: Consumer Durables
- Market Cap: HK$316.051m
- Shares outstanding: 438.96m
- Website: https://www.kinyat.com.hk
Number of Employees
- Kin Yat Holdings Limited
- Galaxy Factory Building
- 7th Floor
- San Po Kong
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|638||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||May 1997|
|KY5||BST (Boerse-Stuttgart)||Yes||Ordinary Shares||DE||EUR||May 1997|
Kin Yat Holdings Limited, an investment holding company, engages in the design, manufacture, and sale of electrical and electronic products, motors, encoder films, and other products. The company operates through four segments: Electrical and Electronic Products, Motors, Real Estate Development, and Glass Technology and Application. The Electrical and Electronic Products segment designs, develops, and manufactures artificial intelligence robotics, Internet of Things and smart home products, electronic entertainment products, and small home appliances. The Motors segment provides a range of electric motor drives and related products. The Real Estate Development segment engages in the development of residential and commercial property projects located at Dushan Economic Development Zone in Dushan County, Guizhou Province. The Glass Technology and Application segment engages in the sale and downstream processing of glass, as well as design, manufacture, and installation of curtain wall systems. Kin Yat Holdings Limited also holds properties; and manufactures and sells toys and clothes. The company markets its products in the United States, Europe, Asia, and internationally. The company was founded in 1981 and is headquartered in San Po Kong, Hong Kong. Kin Yat Holdings Limited is a subsidiary of Resplendent Global Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/09 12:45|
|End of Day Share Price||2020/07/09 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.