Kingboard Holdings Limited, an investment holding company, manufactures and sells laminates and printed circuit boards.
Kingboard Holdings Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||HK$36.50|
|52 Week High||HK$25.30|
|52 Week Low||HK$48.00|
|1 Month Change||0.97%|
|3 Month Change||-12.89%|
|1 Year Change||35.69%|
|3 Year Change||53.04%|
|5 Year Change||53.36%|
|Change since IPO||1,336.07%|
Recent News & Updates
Kingboard Holdings' (HKG:148) Shareholders Will Receive A Bigger Dividend Than Last Year
Kingboard Holdings Limited ( HKG:148 ) has announced that it will be increasing its dividend on the 7th of January to...
Kingboard Holdings (HKG:148) Has Announced That It Will Be Increasing Its Dividend To HK$0.56
Kingboard Holdings Limited ( HKG:148 ) will increase its dividend on the 7th of January to HK$0.56. This will take the...
Kingboard Holdings (HKG:148) Is Increasing Its Dividend To HK$0.56
Kingboard Holdings Limited's ( HKG:148 ) dividend will be increasing to HK$0.56 on 7th of January. This will take the...
|148||HK Electronic||HK Market|
Return vs Industry: 148 exceeded the Hong Kong Electronic industry which returned 24.5% over the past year.
Return vs Market: 148 exceeded the Hong Kong Market which returned 5.7% over the past year.
Stable Share Price: 148 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: 148's weekly volatility (4%) has been stable over the past year.
About the Company
|1993||36,000||Wing Yiu Chang||https://www.kingboard.com|
Kingboard Holdings Limited, an investment holding company, manufactures and sells laminates and printed circuit boards. The company also offers chemical products, including coke, methanol, benzene, tar, acetic acid, propylene, methyl tert-butyl ether, liquefied petroleum gas, phenol, acetone, bisphenol A, caustic soda, polyvinyl chloride, hydrochloric acid, liquefied chlorine, chlorinated wax, sodium sulfate, formalin, hydrogen peroxide, and tetrabromobisphenol. In addition, it is involved in the manufacture and distribution of magnetic and glass fabric products; property investment and development activities; rental of commercial properties; sales of residential units; and refining and distribution of chemicals.
Kingboard Holdings Fundamentals Summary
|148 fundamental statistics|
Is 148 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|148 income statement (TTM)|
|Cost of Revenue||HK$34.37b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||7.85|
|Net Profit Margin||17.31%|
How did 148 perform over the long term?See historical performance and comparison
7.0%Current Dividend Yield
Does 148 pay a reliable dividends?See 148 dividend history and benchmarks
|Kingboard Holdings dividend dates|
|Ex Dividend Date||Dec 07 2021|
|Dividend Pay Date||Jan 07 2022|
|Days until Ex dividend||48 days|
|Days until Dividend pay date||79 days|
Does 148 pay a reliable dividends?See 148 dividend history and benchmarks
Is Kingboard 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: 148 (HK$36.5) is trading below our estimate of fair value (HK$126.26)
Significantly Below Fair Value: 148 is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: 148 is good value based on its PE Ratio (4.6x) compared to the Hong Kong Electronic industry average (8.8x).
PE vs Market: 148 is good value based on its PE Ratio (4.6x) compared to the Hong Kong market (9.7x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 148's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 148 is good value based on its PB Ratio (0.7x) compared to the HK Electronic industry average (0.8x).
How is Kingboard Holdings forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual revenue growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: Insufficient data to determine if 148's forecast earnings growth is above the savings rate (1.5%).
Earnings vs Market: Insufficient data to determine if 148's earnings are forecast to grow faster than the Hong Kong market
High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: 148's revenue (13.5% per year) is forecast to grow faster than the Hong Kong market (12.4% per year).
High Growth Revenue: 148's revenue (13.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 148's Return on Equity is forecast to be low in 3 years time (14.1%).
How has Kingboard Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 148 has high quality earnings.
Growing Profit Margin: 148's current net profit margins (17.3%) are higher than last year (6.3%).
Past Earnings Growth Analysis
Earnings Trend: 148's earnings have grown by 1.6% per year over the past 5 years.
Accelerating Growth: 148's earnings growth over the past year (221%) exceeds its 5-year average (1.6% per year).
Earnings vs Industry: 148 earnings growth over the past year (221%) exceeded the Electronic industry 50.5%.
Return on Equity
High ROE: 148's Return on Equity (16.1%) is considered low.
How is Kingboard Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: 148's short term assets (HK$49.4B) exceed its short term liabilities (HK$29.8B).
Long Term Liabilities: 148's short term assets (HK$49.4B) exceed its long term liabilities (HK$4.0B).
Debt to Equity History and Analysis
Debt Level: 148's debt to equity ratio (27.6%) is considered satisfactory.
Reducing Debt: 148's debt to equity ratio has reduced from 42.8% to 27.6% over the past 5 years.
Debt Coverage: 148's debt is well covered by operating cash flow (55.1%).
Interest Coverage: 148's interest payments on its debt are well covered by EBIT (78.4x coverage).
What is Kingboard Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 148's dividend (7.01%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.28%).
High Dividend: 148's dividend (7.01%) is in the top 25% of dividend payers in the Hong Kong market (6.77%)
Stability and Growth of Payments
Stable Dividend: 148's dividend payments have been volatile in the past 10 years.
Growing Dividend: 148's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.9%), 148's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 148's dividends in 3 years are forecast to be well covered by earnings (26.1% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Wing Yiu Chang (54 yo)
Mr. Wing Yiu Chang has been Managing Director of Kingboard Holdings Limited (formerly known as Kingboard Chemical Holdings Limited). since August 1, 2014 and is its Chief Executive. Mr. Chan serves as the...
CEO Compensation Analysis
Compensation vs Market: Wing Yiu's total compensation ($USD3.25M) is above average for companies of similar size in the Hong Kong market ($USD692.76K).
Compensation vs Earnings: Wing Yiu's compensation has been consistent with company performance over the past year.
Experienced Management: 148's management team is seasoned and experienced (10.8 years average tenure).
Experienced Board: 148's board of directors are considered experienced (5.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 148 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.
Kingboard Holdings Limited's employee growth, exchange listings and data sources
- Name: Kingboard Holdings Limited
- Ticker: 148
- Exchange: SEHK
- Founded: 1993
- Industry: Electronic Components
- Sector: Tech
- Market Cap: HK$40.471b
- Shares outstanding: 1.11b
- Website: https://www.kingboard.com
Number of Employees
- Kingboard Holdings Limited
- Delta House
- 23rd Floor
- Sha Tin
- New Territories
- Hong Kong
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/19 15:33|
|End of Day Share Price||2021/10/19 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.