Luks Group (Vietnam Holdings) Company Limited, an investment holding company, manufactures and sells cement products for use in the construction industry in Vietnam, Hong Kong, and the People's Republic of China.
Flawless balance sheet and undervalued.
Share Price & News
How has Luks Group (Vietnam Holdings)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 366 has not had significant price volatility in the past 3 months.
7 Day Return
HK Basic Materials
1 Year Return
HK Basic Materials
Return vs Industry: 366 underperformed the Hong Kong Basic Materials industry which returned 21.4% over the past year.
Return vs Market: 366 underperformed the Hong Kong Market which returned -4% over the past year.
Price Volatility Vs. Market
How volatile is Luks Group (Vietnam Holdings)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StInvestors Who Bought Luks Group (Vietnam Holdings) (HKG:366) Shares Five Years Ago Are Now Down 55%
1 week ago | Simply Wall StHere's Why We Don't Think Luks Group (Vietnam Holdings)'s (HKG:366) Statutory Earnings Reflect Its Underlying Earnings Potential
1 month ago | Simply Wall StIs Luks Group (Vietnam Holdings) (HKG:366) A Risky Investment?
Is Luks Group (Vietnam Holdings) undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: 366 (HK$1.21) is trading below our estimate of fair value (HK$10.18)
Significantly Below Fair Value: 366 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 366 is good value based on its PE Ratio (5x) compared to the Basic Materials industry average (7.7x).
PE vs Market: 366 is good value based on its PE Ratio (5x) compared to the Hong Kong market (9.5x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 366's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 366 is good value based on its PB Ratio (0.2x) compared to the HK Basic Materials industry average (0.9x).
How is Luks Group (Vietnam Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Materials 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 Luks Group (Vietnam 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 Luks Group (Vietnam 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.
- Luks Group (Vietnam Holdings) competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Materials industry.
How has Luks Group (Vietnam Holdings) performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 366 has a large one-off gain of HK$46.5M impacting its December 31 2019 financial results.
Growing Profit Margin: 366's current net profit margins (18.8%) are lower than last year (19.9%).
Past Earnings Growth Analysis
Earnings Trend: 366's earnings have grown by 9.5% per year over the past 5 years.
Accelerating Growth: 366's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 366 had negative earnings growth (-15.2%) over the past year, making it difficult to compare to the Basic Materials industry average (6.4%).
Return on Equity
High ROE: 366's Return on Equity (5%) is considered low.
How is Luks Group (Vietnam Holdings)'s financial position?
Financial Position Analysis
Short Term Liabilities: 366's short term assets (HK$494.0M) exceed its short term liabilities (HK$157.8M).
Long Term Liabilities: 366's short term assets (HK$494.0M) exceed its long term liabilities (HK$248.1M).
Debt to Equity History and Analysis
Debt Level: 366's debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: 366's debt to equity ratio has reduced from 3.4% to 0.7% over the past 5 years.
Debt Coverage: 366's debt is well covered by operating cash flow (1255%).
Interest Coverage: 366 earns more interest than it pays, so coverage of interest payments is not a concern.
What is Luks Group (Vietnam Holdings)'s current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 366's dividend (7.44%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.43%).
High Dividend: 366's dividend (7.44%) is in the top 25% of dividend payers in the Hong Kong market (7.03%)
Stability and Growth of Payments
Stable Dividend: 366's dividend payments have been volatile in the past 10 years.
Growing Dividend: 366's dividend payments have fallen over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (37.2%), 366's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Cheung Cheng (78yo)
Madam Cheung Cheng has been the Chairman and Chief Executive Officer of Luks Group (Vietnam Holdings) Company Limited since August 29, 2015. Madam Cheng serves as an Executive Director of Luks Industrial G ...
CEO Compensation Analysis
Compensation vs Market: Cheung's total compensation ($USD398.71K) is above average for companies of similar size in the Hong Kong market ($USD228.98K).
Compensation vs Earnings: Cheung's compensation has been consistent with company performance over the past year.
|Chairman & CEO||4.83yrs||HK$3.09m||11.52% HK$70.4m|
|Financial Controller||no data||HK$2.51m||0.30% HK$1.8m|
|Investor Relations Director & Executive Director||4.5yrs||HK$1.16m||0.26% HK$1.6m|
|Executive Director||no data||HK$3.32m||0.64% HK$3.9m|
|Executive Director||14.42yrs||HK$2.77m||0.64% HK$3.9m|
|Independent Non-Executive Director||18.25yrs||HK$100.00k||no data|
|Independent Non-Executive Director||no data||HK$100.00k||no data|
|Independent Non-Executive Director||3.75yrs||HK$100.00k||no data|
Experienced Board: 366's board of directors are considered experienced (4.8 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.
Luks Group (Vietnam Holdings) Company Limited's company bio, employee growth, exchange listings and data sources
- Name: Luks Group (Vietnam Holdings) Company Limited
- Ticker: 366
- Exchange: SEHK
- Founded: 1975
- Industry: Construction Materials
- Sector: Materials
- Market Cap: HK$611.410m
- Shares outstanding: 505.30m
- Website: https://www.luks.com.hk
Number of Employees
- Luks Group (Vietnam Holdings) Company Limited
- Cheong Wah Factory Building
- 5th Floor
- To Kwa Wan
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|366||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
|LU4||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Jan 1992|
|LKSG.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jan 1992|
Luks Group (Vietnam Holdings) Company Limited, an investment holding company, manufactures and sells cement products for use in the construction industry in Vietnam, Hong Kong, and the People's Republic of China. It operates through five segments: Cement Products; Property Investment; Hotel Operation; Property Development; and Corporate and Others. The company offers cement products under the KIM DINH brand to construction sites and retail markets; provides clinkers; and invests in and rents various properties, including industrial, commercial, and residential premises, as well as provides property management and related services. It also develops and sells properties; operates and manages the PENTAHOTEL HONG KONG with 298 rooms located in Tuen Mun; sells and trades in electronic products, including printed circuits boards and other electronics components; and manufactures and sells plywood products. The company was founded in 1975 and is based in To Kwa Wan, Hong Kong.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/06/06 12:38|
|End of Day Share Price||2020/06/05 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.