King Fook Holdings Limited, an investment holding company, engages in the retail of gold ornaments, jewelry, watches, fashion, and diamond products primarily in Hong Kong.
Flawless balance sheet with acceptable track record.
Share Price & News
How has King Fook Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 280 has not had significant price volatility in the past 3 months.
7 Day Return
HK Specialty Retail
1 Year Return
HK Specialty Retail
Return vs Industry: 280 underperformed the Hong Kong Specialty Retail industry which returned 11.3% over the past year.
Return vs Market: 280 exceeded the Hong Kong Market which returned -3.8% over the past year.
Price Volatility Vs. Market
How volatile is King Fook Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
11 hours ago | Simply Wall StWhy You Should Care About King Fook Holdings Limited’s (HKG:280) Low Return On Capital
3 weeks ago | Simply Wall StSome King Fook Holdings (HKG:280) Shareholders Have Copped A Big 63% Share Price Drop
1 month ago | Simply Wall StDoes King Fook Holdings Limited's (HKG:280) CEO Pay Compare Well With Peers?
Is King Fook 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: 280 (HK$0.36) is trading above our estimate of fair value (HK$0.27)
Significantly Below Fair Value: 280 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 280 is poor value based on its PE Ratio (40.6x) compared to the Specialty Retail industry average (11.7x).
PE vs Market: 280 is poor value based on its PE Ratio (40.6x) compared to the Hong Kong market (10.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 280's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 280 is good value based on its PB Ratio (0.5x) compared to the HK Specialty Retail industry average (0.9x).
How is King Fook Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Retail 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 King Fook 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 King Fook Holdings'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.
- King Fook Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Retail industry.
How has King Fook Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 280 has high quality earnings.
Growing Profit Margin: 280 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 280 has become profitable over the past 5 years, growing earnings by 48.3% per year.
Accelerating Growth: 280 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 280 has become profitable in the last year, making it difficult to compare its past year earnings growth to the Specialty Retail industry (-5.5%).
Return on Equity
High ROE: 280's Return on Equity (1.3%) is considered low.
Return on Assets
Return on Capital Employed
How is King Fook Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 280's short term assets (HK$686.0M) exceed its short term liabilities (HK$107.2M).
Long Term Liabilities: 280's short term assets (HK$686.0M) exceed its long term liabilities (HK$29.5M).
Debt to Equity History and Analysis
Debt Level: 280's debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: 280's debt to equity ratio has reduced from 27.7% to 4.6% over the past 5 years.
Inventory Level: 280 has a high level of physical assets or inventory.
Debt Coverage by Assets: 280's debt is covered by short term assets (assets are 23.3x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 280 is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: 280 is profitable, therefore cash runway is not a concern.
What is King Fook Holdings's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: Unable to evaluate 280's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 280's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 280's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 280's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 280 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 280'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
Mei Sum (55yo)
Ms. Sum Mei Lin has been Chief Executive and Group General Manager at King Fook Holdings Limited since June 8, 2017. Ms. Sum has over 28 years' experience in the management of retail businesses.
CEO Compensation Analysis
Compensation vs Market: Mei's total compensation ($USD324.40K) is above average for companies of similar size in the Hong Kong market ($USD225.53K).
Compensation vs Earnings: Mei's compensation has been consistent with company performance over the past year.
|Executive Director||2.8yrs||HK$110.00k||no data|
|Executive Director||3.8yrs||HK$109.00k||0.64% HK$2.0m|
|Independent Non-Executive Director||7.7yrs||HK$70.00k||no data|
|Independent Non-Executive Director||22.4yrs||HK$72.00k||no data|
|Non-Executive Director||19.3yrs||HK$35.00k||no data|
|Independent Non-Executive Director||7.7yrs||HK$70.00k||no data|
|Independent Non-Executive Director||6.8yrs||HK$275.00k||no data|
Experienced Board: 280's board of directors are considered experienced (7.3 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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
King Fook Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: King Fook Holdings Limited
- Ticker: 280
- Exchange: SEHK
- Founded: 1949
- Industry: Specialty Stores
- Sector: Retail
- Market Cap: HK$319.778m
- Shares outstanding: 913.65m
- Website: https://www.kingfook.com
Number of Employees
- King Fook Holdings Limited
- King Fook Building
- 9th Floor
- Hong Kong
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|280||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Jan 1992|
King Fook Holdings Limited, an investment holding company, engages in the retail of gold ornaments, jewelry, watches, fashion, and diamond products primarily in Hong Kong. The company is also involved in the gold ornament, jewelry, watch, and diamond wholesale business; and provision of money exchange services, as well as investment and bullion trading services. As of March 31, 2019, it had 6 shops in Hong Kong. The company was founded in 1949 and is based in Central, Hong Kong. King Fook Holdings Limited is a subsidiary of Yeung Chi Shing Estates Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/18 12:37|
|End of Day Share Price||2020/02/18 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.