Kingston Financial Group Limited, an investment holding company, provides a range of financial services in Hong Kong, Macau, and Canada.
Adequate balance sheet with poor track record.
Share Price & News
How has Kingston Financial Group's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1031's share price has been volatile over the past 3 months.
7 Day Return
HK Capital Markets
1 Year Return
HK Capital Markets
Return vs Industry: 1031 underperformed the Hong Kong Capital Markets industry which returned 31.9% over the past year.
Return vs Market: 1031 underperformed the Hong Kong Market which returned 0.9% over the past year.
Price Volatility Vs. Market
How volatile is Kingston Financial Group's share price compared to the market and industry in the last 5 years?
Simply Wall St News
17 hours ago | Simply Wall StEarnings Not Telling The Story For Kingston Financial Group Limited (HKG:1031)
1 month ago | Simply Wall StShould You Worry About Kingston Financial Group Limited's (HKG:1031) CEO Pay?
1 month ago | Simply Wall StIs Kingston Financial Group Limited's (HKG:1031) High P/E Ratio A Problem For Investors?
Is Kingston Financial Group 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: 1031 (HK$0.88) is trading above our estimate of fair value (HK$0.56)
Significantly Below Fair Value: 1031 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1031 is poor value based on its PE Ratio (30.4x) compared to the Capital Markets industry average (12.3x).
PE vs Market: 1031 is poor value based on its PE Ratio (30.4x) compared to the Hong Kong market (10.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1031's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1031 is overvalued based on its PB Ratio (0.7x) compared to the HK Capital Markets industry average (0.5x).
How is Kingston Financial Group forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Diversified Financials 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 Kingston Financial 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.
- Examine Kingston Financial Group's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Kingston Financial Group competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Diversified Financials industry.
How has Kingston Financial Group performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1031 has high quality earnings.
Growing Profit Margin: 1031's current net profit margins (40.6%) are lower than last year (44.8%).
Past Earnings Growth Analysis
Earnings Trend: 1031's earnings have declined by -14.2% per year over the past 5 years.
Accelerating Growth: 1031's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1031 had negative earnings growth (-49.8%) over the past year, making it difficult to compare to the Capital Markets industry average (-8.1%).
Return on Equity
High ROE: 1031's Return on Equity (2.3%) is considered low.
How is Kingston Financial Group's financial position?
Financial Position Analysis
Short Term Liabilities: 1031's short term assets (HK$17.9B) exceed its short term liabilities (HK$9.5B).
Long Term Liabilities: 1031's short term assets (HK$17.9B) exceed its long term liabilities (HK$665.5M).
Debt to Equity History and Analysis
Debt Level: 1031's debt to equity ratio (40.7%) is considered high.
Reducing Debt: 1031's debt to equity ratio has reduced from 73.6% to 40.7% over the past 5 years.
Debt Coverage: 1031's debt is well covered by operating cash flow (44.4%).
Interest Coverage: Insufficient data to determine if 1031's interest payments on its debt are well covered by EBIT.
What is Kingston Financial Group current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 1031's dividend (1.14%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 1031's dividend (1.14%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.54%).
Stability and Growth of Payments
Stable Dividend: 1031 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 1031 has only been paying a dividend for 9 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (34.5%), 1031's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Pollyanna Chu (61yo)
Mrs. Yuet Wah Chu also known as Pollyanna, serves as Chief Executive Officer and Executive Director of Sure Expert ltd. Mrs. Chu serves as the Chief Executive Officer and Executive Director of Kingston Fin ...
CEO Compensation Analysis
Compensation vs Market: Pollyanna's total compensation ($USD6.96M) is above average for companies of similar size in the Hong Kong market ($USD522.76K).
Compensation vs Earnings: Pollyanna's compensation has been consistent with company performance over the past year.
|Chairman of the Board||no data||HK$31.11m||no data|
|CEO & Executive Director||no data||HK$53.93m||80.09% HK$11.1b|
|Executive Director||6.5yrs||HK$4.59m||no data|
|Executive Director||4.92yrs||HK$5.37m||no data|
|Independent Non-Executive Director||no data||HK$240.00k||no data|
|Independent Non-Executive Director||3.83yrs||HK$240.00k||no data|
|Director of Kingston Securities Limited||no data||no data||no data|
|Independent Non-Executive Director||0.92yr||no data||no data|
Experienced Board: 1031's board of directors are considered experienced (4.4 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Kingston Financial Group Limited's company bio, employee growth, exchange listings and data sources
- Name: Kingston Financial Group Limited
- Ticker: 1031
- Exchange: SEHK
- Founded: 1996
- Industry: Investment Banking and Brokerage
- Sector: Diversified Financials
- Market Cap: HK$13.892b
- Shares outstanding: 17.36b
- Website: https://www.kingston.com.hk
Number of Employees
- Kingston Financial Group Limited
- The Center
- 72nd Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1031||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Mar 2011|
Kingston Financial Group Limited, an investment holding company, provides a range of financial services in Hong Kong, Macau, and Canada. The company operates through seven segments: Securities Brokerage, Underwriting, and Placements; Margin and Initial Public Offering (IPO) Financing; Other Financial Services; Hotel Ownership and Management; Food and Beverage; Gaming; and Securities Investment. It offers brokerage, underwriting, and placements services for dealings in securities on stock exchanges; margin and IPO financing; and corporate finance advisory, futures brokerage, and asset management services. The company also operates hotels and restaurants, as well as casinos in hotels; provides hotel management services; and trades in listed securities. As of March 31, 2019, it had 64 tables in the mass market halls, 12 tables in the VIP rooms, and 274 slot machines and 70 live baccarat machines in the electronic gaming halls. The company was incorporated in 1996 and is based in Central, Hong Kong. Kingston Financial Group Limited is a subsidiary of Active Dynamic Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/07 12:37|
|End of Day Share Price||2020/07/07 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.