AKM Industrial Company Limited, an investment holding company, manufactures and sells flexible printed circuits (FPC), flexible packaging substrates, and related components in the People’s Republic of China and internationally.
Flawless balance sheet with solid track record.
Share Price & News
How has AKM Industrial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 1639's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 1639 underperformed the Hong Kong Electronic industry which returned -22.4% over the past year.
Return vs Market: 1639 underperformed the Hong Kong Market which returned -22% over the past year.
Price Volatility Vs. Market
How volatile is AKM Industrial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 hours ago | Simply Wall StDeclining Stock and Decent Financials: Is The Market Wrong About AKM Industrial Company Limited (HKG:1639)?
3 weeks ago | Simply Wall StIs AKM Industrial Company Limited (HKG:1639) Struggling With Its 0.9% Return On Capital Employed?
2 months ago | Simply Wall StCan You Imagine How Chuffed AKM Industrial's (HKG:1639) Shareholders Feel About Its 117% Share Price Gain?
Is AKM Industrial 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: 1639 (HK$1) is trading above our estimate of fair value (HK$0.12)
Significantly Below Fair Value: 1639 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 1639 is poor value based on its PE Ratio (13.1x) compared to the Electronic industry average (8.1x).
PE vs Market: 1639 is poor value based on its PE Ratio (13.1x) compared to the Hong Kong market (9.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 1639's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 1639 is overvalued based on its PB Ratio (1.2x) compared to the HK Electronic industry average (0.8x).
How is AKM Industrial forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Tech 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 AKM Industrial 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.
- Check out AKM Industrial's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
- AKM Industrial competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Tech industry.
How has AKM Industrial performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 1639 has high quality earnings.
Growing Profit Margin: 1639's current net profit margins (8%) are higher than last year (5.7%).
Past Earnings Growth Analysis
Earnings Trend: 1639's earnings have grown significantly by 36.6% per year over the past 5 years.
Accelerating Growth: 1639's earnings growth over the past year (69.8%) exceeds its 5-year average (36.6% per year).
Earnings vs Industry: 1639 earnings growth over the past year (69.8%) exceeded the Electronic industry -10.7%.
Return on Equity
High ROE: 1639's Return on Equity (9.3%) is considered low.
How is AKM Industrial's financial position?
Financial Position Analysis
Short Term Liabilities: 1639's short term assets (HK$926.1M) exceed its short term liabilities (HK$529.7M).
Long Term Liabilities: 1639's short term assets (HK$926.1M) exceed its long term liabilities (HK$52.2M).
Debt to Equity History and Analysis
Debt Level: 1639's debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: 1639's debt to equity ratio has reduced from 17.7% to 3.1% over the past 5 years.
Debt Coverage: 1639's debt is well covered by operating cash flow (126.4%).
Interest Coverage: 1639 earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: 1639 has a high level of physical assets or inventory.
Debt Coverage by Assets: 1639's debt is covered by short term assets (assets are 23.5x debt).
What is AKM Industrial's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: 1639's dividend (1%) isn’t notable compared to the bottom 25% of dividend payers in the Hong Kong market (2.65%).
High Dividend: 1639's dividend (1%) is low compared to the top 25% of dividend payers in the Hong Kong market (7.26%).
Stability and Growth of Payments
Stable Dividend: 1639 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are stable.
Growing Dividend: 1639 is not paying a notable dividend for the Hong Kong market, therefore no need to check if payments are increasing.
Current Payout to Shareholders
Dividend Coverage: 1639 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 1639'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
Zhi Qiang Chai (58yo)
Mr. Zhi Qiang Chai has been the Chief Executive Officer at Akm Industrial Co. Ltd. since March 19, 2004 and served as its and General Manager. From February 1982 to September 1992, Mr. Chai was employed by ...
CEO Compensation Analysis
Compensation vs Market: Zhi Qiang's total compensation ($USD157.62K) is below average for companies of similar size in the Hong Kong market ($USD300.45K).
Compensation vs Earnings: Zhi Qiang's compensation has increased by more than 20% in the past year.
|Executive Chairman||19.08yrs||no data||0.61% HK$9.4m|
|Independent Non-Executive Director||8.5yrs||HK$60.00k||no data|
|Non-Executive Director||5.08yrs||no data||no data|
|Non-Executive Director||4.42yrs||no data||no data|
|Independent Non-Executive Director||3.92yrs||HK$72.00k||no data|
|Independent Non-Executive Director||1.92yrs||HK$45.00k||no data|
|Non-Executive Director||2.25yrs||no data||no data|
|Non-Executive Director||1.67yrs||no data||no data|
|Non Executive Director||1.42yrs||no data||no data|
Experienced Board: 1639's board of directors are considered experienced (3.9 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.
AKM Industrial Company Limited's company bio, employee growth, exchange listings and data sources
- Name: AKM Industrial Company Limited
- Ticker: 1639
- Exchange: SEHK
- Founded: 1993
- Industry: Electronic Components
- Sector: Tech
- Market Cap: HK$1.538b
- Shares outstanding: 1.54b
- Website: https://www.akmcompany.com
Number of Employees
- AKM Industrial Company Limited
- 63 Huan Shi Road South
- Information Technology Park
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|1639||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Aug 2004|
AKM Industrial Company Limited, an investment holding company, manufactures and sells flexible printed circuits (FPC), flexible packaging substrates, and related components in the People’s Republic of China and internationally. It provides various FPC materials, including single-sided, double-sided, multi-layer, rigid flex board FPC, etc. for use in various consumer electronics, such as mobile phones, cameras, notebooks, printer e-books, and others, as well as to optic-fiber communication infrastructure modules, medical devices, and automotive industries. The company also sources and sells electronic components, as well as trades in raw materials and FPCs. In addition, it offers semiconductor testing and assembly services. AKM Industrial Company Limited was founded in 1993 and is based in Guangzhou, China.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/04/05 12:32|
|End of Day Share Price||2020/04/03 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.