Road King Infrastructure Limited, an investment holding company, invests in, develops, operates, and manages property projects and toll roads in the People’s Republic of China. More Details
Good value average dividend payer.
Share Price & News
How has Road King Infrastructure's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1098 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 1098's weekly volatility (3%) has been stable over the past year.
7 Day Return
HK Real Estate
1 Year Return
HK Real Estate
Return vs Industry: 1098 underperformed the Hong Kong Real Estate industry which returned -5.5% over the past year.
Return vs Market: 1098 underperformed the Hong Kong Market which returned 11.3% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Road King Infrastructure's share price compared to the market and industry in the last 5 years?
Simply Wall St News
4 days ago | Simply Wall StA Quick Analysis On Road King Infrastructure's (HKG:1098) CEO Compensation
3 weeks ago | Simply Wall StHave Insiders Been Selling Road King Infrastructure Limited (HKG:1098) Shares This Year?
1 month ago | Simply Wall StAre Road King Infrastructure's (HKG:1098) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Is Road King Infrastructure 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: 1098 (HK$10.16) is trading below our estimate of fair value (HK$10.79)
Significantly Below Fair Value: 1098 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 1098 is good value based on its PE Ratio (2.9x) compared to the HK Real Estate industry average (8.7x).
PE vs Market: 1098 is good value based on its PE Ratio (2.9x) compared to the Hong Kong market (11.2x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1098's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1098 is good value based on its PB Ratio (0.3x) compared to the HK Real Estate industry average (0.4x).
How is Road King Infrastructure forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Real Estate 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 Road King Infrastructure 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 Road King Infrastructure 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.
- Road King Infrastructure competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Real Estate industry.
How has Road King Infrastructure performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1098 has a high level of non-cash earnings.
Growing Profit Margin: 1098's current net profit margins (11.3%) are lower than last year (13%).
Past Earnings Growth Analysis
Earnings Trend: 1098's earnings have grown significantly by 27.6% per year over the past 5 years.
Accelerating Growth: 1098's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 1098 had negative earnings growth (-15%) over the past year, making it difficult to compare to the Real Estate industry average (1%).
Return on Equity
High ROE: 1098's Return on Equity (11.2%) is considered low.
How is Road King Infrastructure's financial position?
Financial Position Analysis
Short Term Liabilities: 1098's short term assets (HK$68.5B) exceed its short term liabilities (HK$42.4B).
Long Term Liabilities: 1098's short term assets (HK$68.5B) exceed its long term liabilities (HK$23.2B).
Debt to Equity History and Analysis
Debt Level: 1098's debt to equity ratio (118.9%) is considered high.
Reducing Debt: 1098's debt to equity ratio has increased from 114% to 118.9% over the past 5 years.
Debt Coverage: 1098's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 1098's interest payments on its debt are well covered by EBIT (9.5x coverage).
What is Road King Infrastructure current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 1098's dividend (11.61%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.19%).
High Dividend: 1098's dividend (11.61%) is in the top 25% of dividend payers in the Hong Kong market (6.58%)
Stability and Growth of Payments
Stable Dividend: 1098's dividend payments have been volatile in the past 10 years.
Growing Dividend: 1098's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (31.3%), 1098's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Yuk Bing Ko (64 yo)
Mr. Yuk Bing Ko serves as the Chief Executive Officer and Managing Director of Road King Infrastructure Limited. Mr. Ko joined Road King Infrastructure Limited in early 1995. He serves as an Executive Dire...
CEO Compensation Analysis
Compensation vs Market: Yuk Bing's total compensation ($USD6.81M) is above average for companies of similar size in the Hong Kong market ($USD462.67K).
Compensation vs Earnings: Yuk Bing's compensation has been consistent with company performance over the past year.
|Co-Chairman of the Board||3.5yrs||HK$21.28m||3.29% |
|Co-Chairman of the Board||3.5yrs||HK$58.18m||no data|
|Deputy Chairman||no data||HK$52.75m||no data|
|Finance Director||20.33yrs||HK$17.52m||0.035% |
|Independent Non-Executive Director||16.25yrs||HK$619.00k||no data|
|Non-Executive Director||4.92yrs||HK$352.00k||no data|
|Independent Non-Executive Director||8.08yrs||HK$563.00k||no data|
|Non-Executive Director||4.92yrs||HK$352.00k||no data|
|Independent Non-Executive Director||6.5yrs||HK$585.00k||no data|
Experienced Board: 1098's board of directors are considered experienced (5.7 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.
Road King Infrastructure Limited's company bio, employee growth, exchange listings and data sources
- Name: Road King Infrastructure Limited
- Ticker: 1098
- Exchange: SEHK
- Founded: 1994
- Industry: Real Estate Development
- Sector: Real Estate
- Market Cap: HK$7.613b
- Shares outstanding: 749.34m
- Website: https://www.roadking.com.hk
Number of Employees
- Road King Infrastructure Limited
- Tower 6
- Suite 501, 5th Floor
- Tsim Sha Tsui
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|RKGX.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Jul 1996|
|1098||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jul 1996|
|1098||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Jul 1996|
Road King Infrastructure Limited, an investment holding company, invests in, develops, operates, and manages property projects and toll roads in the People’s Republic of China. It operates through Property...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/11/29 10:17|
|End of Day Share Price||2020/11/27 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.