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Kinergy

SEHK:3302
Snowflake Description

Flawless balance sheet with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
3302
SEHK
HK$644M
Market Cap
  1. Home
  2. HK
  3. Tech
Company description

Kinergy Corporation Ltd., together with its subsidiaries, provides contract manufacturing, design, engineering, and assembly services for the electronics industry in Singapore, the Philippines, the United States, the People’s Republic of China, Japan, and internationally. The last earnings update was 26 days ago. More info.


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3302 Share Price and Events
7 Day Returns
-5%
SEHK:3302
-7.4%
HK Electronic
-2.5%
HK Market
1 Year Returns
-
SEHK:3302
-40.2%
HK Electronic
-15.9%
HK Market
3302 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Kinergy (3302) -5% -10.6% -15.6% - - -
HK Electronic -7.4% -18.5% -13.1% -40.2% 4.1% 20.9%
HK Market -2.5% -8.6% -3.6% -15.9% 25.4% 7.8%
1 Year Return vs Industry and Market
  • No trading data on 3302.
  • No trading data on 3302.
Price Volatility
Industry
5yr Volatility vs Market

Value

 Is Kinergy undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Kinergy to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Kinergy.

SEHK:3302 Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 8.1%
Perpetual Growth Rate 10-Year HK Government Bond Rate 2%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for SEHK:3302
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year HK Govt Bond Rate 2%
Equity Risk Premium S&P Global 6%
Electronic Unlevered Beta Simply Wall St/ S&P Global 1.05
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.046 (1 + (1- 17%) (0%))
1.031
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.03
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2% + (1.031 * 5.96%)
8.15%

Discounted Cash Flow Calculation for SEHK:3302 using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Kinergy is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

SEHK:3302 DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (SGD, Millions) Source Present Value
Discounted (@ 8.15%)
2019 13.92 Est @ 105.4% 12.87
2020 24.28 Est @ 74.38% 20.76
2021 37.06 Est @ 52.67% 29.30
2022 50.95 Est @ 37.47% 37.25
2023 64.62 Est @ 26.83% 43.68
2024 77.14 Est @ 19.38% 48.22
2025 88.07 Est @ 14.17% 50.91
2026 97.34 Est @ 10.52% 52.02
2027 105.09 Est @ 7.96% 51.93
2028 111.58 Est @ 6.18% 50.99
Present value of next 10 years cash flows SGD397.93
SEHK:3302 DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= SGD111.58 × (1 + 2%) ÷ (8.15% – 2%)
SGD1,852.72
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= SGD1,852.72 ÷ (1 + 8.15%)10
SGD846.66
SEHK:3302 Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= SGD397.93 + SGD846.66
SGD1,244.59
Equity Value per Share
(SGD)
= Total value / Shares Outstanding
= SGD1,244.59 / 858.67
SGD1.45
SEHK:3302 Discount to Share Price
Calculation Result
Exchange Rate SGD/HKD
(Reporting currency to currency of SEHK:3302)
5.7
Value per Share
(HKD)
= Value per Share in SGD x Exchange Rate (SGD/HKD)
= SGD1.45 x 5.7
HK$8.26
Value per share (HKD) From above. HK$8.26
Current discount Discount to share price of HK$0.76
= -1 x (HK$0.76 - HK$8.26) / HK$8.26
90.8%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Kinergy is available for.
Intrinsic value
>50%
Share price is HK$0.76 vs Future cash flow value of HK$8.26
Current Discount Checks
For Kinergy to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Kinergy's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Kinergy's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Kinergy's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Kinergy's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
SEHK:3302 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in SGD SGD0.01
SEHK:3302 Share Price ** SEHK (2019-05-20) in HKD HK$0.76
SEHK:3302 Share Price converted to SGD reporting currency Exchange rate (HKD/ SGD) 0.175 SGD0.13
Hong Kong Electronic Industry PE Ratio Median Figure of 59 Publicly-Listed Electronic Companies 11.11x
Hong Kong Market PE Ratio Median Figure of 1,476 Publicly-Listed Companies 11.17x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Kinergy.

SEHK:3302 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= SEHK:3302 Share Price ÷ EPS (both in SGD)

= 0.13 ÷ 0.01

11.2x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kinergy is overvalued based on earnings compared to the HK Electronic industry average.
  • Kinergy is overvalued based on earnings compared to the Hong Kong market.
Price based on expected Growth
Does Kinergy's expected growth come at a high price?
Raw Data
SEHK:3302 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 11.2x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
9%per year
Hong Kong Electronic Industry PEG Ratio Median Figure of 13 Publicly-Listed Electronic Companies 0.64x
Hong Kong Market PEG Ratio Median Figure of 463 Publicly-Listed Companies 0.79x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Kinergy, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Kinergy's assets?
Raw Data
SEHK:3302 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in SGD SGD0.11
SEHK:3302 Share Price * SEHK (2019-05-20) in HKD HK$0.76
SEHK:3302 Share Price converted to SGD reporting currency Exchange rate (HKD/ SGD) 0.175 SGD0.13
Hong Kong Electronic Industry PB Ratio Median Figure of 83 Publicly-Listed Electronic Companies 1.19x
Hong Kong Market PB Ratio Median Figure of 2,155 Publicly-Listed Companies 0.97x
SEHK:3302 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= SEHK:3302 Share Price ÷ Book Value per Share (both in SGD)

= 0.13 ÷ 0.11

1.22x

* Primary Listing of Kinergy.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Kinergy is overvalued based on assets compared to the HK Electronic industry average.
X
Value checks
We assess Kinergy's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Electronic industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Electronic industry average (and greater than 0)? (1 check)
  5. Kinergy has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Kinergy expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

  • No analysts cover Kinergy, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Kinergy expected to grow at an attractive rate?
  • Kinergy's earnings growth is expected to exceed the low risk savings rate of 2%.
Growth vs Market Checks
  • Kinergy's earnings growth is positive but not above the Hong Kong market average.
  • Unable to compare Kinergy's revenue growth to the Hong Kong market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
SEHK:3302 Future Growth Rates Data Sources
Data Point Source Value (per year)
SEHK:3302 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 9%
Hong Kong Electronic Industry Earnings Growth Rate Market Cap Weighted Average 18.4%
Hong Kong Electronic Industry Revenue Growth Rate Market Cap Weighted Average 12.5%
Hong Kong Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Hong Kong Market Revenue Growth Rate Market Cap Weighted Average 10.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
SEHK:3302 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in SGD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
SEHK:3302 Past Financials Data
Date (Data in SGD Millions) Revenue Cash Flow Net Income *
2018-12-31 123 10 9
2018-09-30 129 14 7
2018-06-30 135 18 5
2018-03-31 132 10 7
2017-12-31 129 4 8
2016-12-31 107 2 3

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Kinergy's earnings are expected to grow by 9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Kinergy is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
SEHK:3302 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Kinergy Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:3302 Past Financials Data
Date (Data in SGD Millions) EPS *
2018-12-31 0.01
2018-09-30 0.01
2018-06-30 0.01
2018-03-31 0.01
2017-12-31 0.01
2016-12-31 0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Kinergy will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Kinergy's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Hong Kong market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Hong Kong market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Kinergy has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Kinergy performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Kinergy's growth in the last year to its industry (Electronic).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Kinergy's year on year earnings growth rate has been positive over the past 5 years.
  • Kinergy's 1-year earnings growth is less than its 5-year average (8.7% vs 13.2%)
  • Kinergy's earnings growth has exceeded the HK Electronic industry average in the past year (8.7% vs -4.6%).
Earnings and Revenue History
Kinergy's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Kinergy Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

SEHK:3302 Past Revenue, Cash Flow and Net Income Data
Date (Data in SGD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 122.81 8.73 14.90
2018-09-30 128.83 7.05 14.77
2018-06-30 134.85 5.36 13.82
2018-03-31 131.90 6.70 13.36
2017-12-31 128.95 8.03 13.73
2016-12-31 107.00 3.10 13.12
2015-12-31 106.90 11.23 13.94
2014-12-31 108.73 4.32 8.28
2013-12-31 96.46 1.35 7.99
2012-12-31 160.50 7.53 11.74
2012-09-30 154.66 7.57 12.16
2012-06-30 148.81 7.60 12.59

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Kinergy has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Kinergy used its assets more efficiently than the HK Electronic industry average last year based on Return on Assets.
  • Kinergy's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Kinergy's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Electronic industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Kinergy has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Kinergy's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Kinergy's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Kinergy is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Kinergy's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Kinergy's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Kinergy has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Kinergy Company Filings, last reported 4 months ago.

SEHK:3302 Past Debt and Equity Data
Date (Data in SGD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 94.03 0.00 44.15
2018-09-30 94.03 0.00 44.15
2018-06-30 74.95 0.00 30.73
2018-03-31 74.95 0.00 30.73
2017-12-31 70.29 0.00 20.86
2016-12-31 63.81 0.09 22.21
2015-12-31 60.07 0.99 23.14
2014-12-31 49.53 2.26 14.33
2013-12-31 47.45 11.23 16.28
2012-12-31 46.17 9.12 25.55
2012-09-30 46.17 9.12 25.55
2012-06-30 45.27 14.97 14.57
  • Kinergy has no debt.
  • Kinergy has no debt compared to 5 years ago when it was 23.6%.
  • Kinergy has no debt, it does not need to be covered by operating cash flow.
  • Kinergy has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Kinergy's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Kinergy has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Kinergy's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Kinergy dividends.
If you bought HK$2,000 of Kinergy shares you are expected to receive HK$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Kinergy's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Kinergy's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
SEHK:3302 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Hong Kong Electronic Industry Average Dividend Yield Market Cap Weighted Average of 39 Stocks 3.1%
Hong Kong Market Average Dividend Yield Market Cap Weighted Average of 968 Stocks 3.6%
Hong Kong Minimum Threshold Dividend Yield 10th Percentile 1.2%
Hong Kong Bottom 25% Dividend Yield 25th Percentile 2.1%
Hong Kong Top 25% Dividend Yield 75th Percentile 5.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Kinergy has not reported any payouts.
  • Unable to verify if Kinergy's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Kinergy's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Kinergy has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Kinergy's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Kinergy afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Kinergy has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Kinergy's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Leslie Lim
AGE 72
CEO Bio

Mr. Kuak Choi Lim, also known as Leslie, is a Co-founder Kinergy Corporation Ltd. (Alternatively, Kinergy Pte Ltd). and serves as Chief Executive Officer and is responsible for formulating and implementing its strategies. Mr. Lim serves as Chief Executive Officer of Kintras Pte. Ltd. He has over 20 years of experience in the engineering industry and was in the teaching profession with the Ministry of Education. He also serves as Chairman of Approved Chemicals (S.E.A) Pte. Ltd., Approved Chemicals (M) Sdn. Bhd. and serves as Honorary Chairman of Singapore Precision Engineering And Tooling Association. Mr. Lim had been Executive Group Chairman of Kinergy Ltd. since January 1, 1996. He has been Executive Director of Kinergy Corporation Ltd. since January 4, 1998. He serves as a Director of Kintras Pte. Ltd. He serves as Member of Steering Committee at Network China. He was awarded a Commendation for Meritorious Service Award for services rendered to the National Productivity Board (1989 - 1992). Mr. Lim attended the Stanford Executive Programme, conducted by Stanford University in conjunction with the National University of Singapore.

CEO Compensation
  • Insufficient data for Leslie to compare compensation growth.
  • Insufficient data for Leslie to establish whether their remuneration is reasonable compared to companies of similar size in Hong Kong.
Management Team

Leslie Lim

TITLE
Co-Founder
AGE
72

Kim Kah Tay

TITLE
Group Financial Controller
AGE
80

Henry Wong

TITLE
Chief Operating Officer
AGE
57
TENURE
0.6 yrs

Xiaotang Du

TITLE
Executive Director
AGE
44

Gwendolyn Gn

TITLE
Company Secretary
AGE
47
TENURE
9.3 yrs

Kasina Wan

TITLE
Joint Company Secretary
Board of Directors Tenure

Average tenure and age of the Kinergy board of directors in years:

2.3
Average Tenure
57
Average Age
  • The average tenure for the Kinergy board of directors is less than 3 years, this suggests a new board.
Board of Directors

Chen Shuang

TITLE
Chairman of the Board
AGE
50

Leslie Lim

TITLE
Co-Founder
AGE
72
TENURE
21.3 yrs

Xiaotang Du

TITLE
Executive Director
AGE
44

Tiak Soon Ng

TITLE
Independent Non-Executive Director
AGE
69
TENURE
0.9 yrs

Senerath Wickramanayaka Mudiyanselage Wickramanayaka

TITLE
Independent Non-Executive Director
AGE
56
TENURE
0.9 yrs

Wei Zhang

TITLE
Independent Non-Executive Director
AGE
50
TENURE
0.9 yrs

Bradley Kerr

TITLE
Non-Executive Director
AGE
71
TENURE
18.7 yrs

Frederick Tsang

TITLE
Non-Executive Director
AGE
58

Amy Foo

TITLE
Co-Founder & Non-Executive Director
AGE
70
TENURE
31.3 yrs

Khin Mann Lim

TITLE
Alternate Director
AGE
46
TENURE
2.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by Kinergy insiders in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (HK$) Value (HK$)
14. May 19 Buy Khin Mann Lim Individual 14. May 19 14. May 19 1,000,000 HK$0.84 HK$840,004
14. May 19 Buy Kuak Choi Lim Individual 14. May 19 14. May 19 4,106,000 HK$0.84 HK$3,449,055
X
Management checks
We assess Kinergy's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Kinergy has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

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Do Insiders Own Lots Of Shares In Kinergy Corporation Ltd. (HKG:3302)?

(HKG:3302), then you'll have to look at the makeup of its share registry. … Institutions will often hold stock in bigger companies, and we expect to see insiders owning a noticeable percentage of the smaller ones. … institutions are noticeable on the share registry

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Did Kinergy Corporation Ltd.'s (HKG:3302) Recent Earnings Growth Beat The Trend?

Today I will examine Kinergy Corporation Ltd.'s (HKG:3302) latest earnings update (31 December 2018) and compare these figures against its performance over the past couple of years, in addition to how the rest of 3302's industry performed. … Did 3302 beat its long-term earnings growth trend and its industry. … However, this one-year growth rate has been lower than its average earnings growth rate over the past 5 years of 14%, indicating the rate at which 3302 is growing has slowed down

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Kinergy Corporation Ltd. (HKG:3302) Has A ROE Of 9.3%

Kinergy has a ROE of 9.3%, based on the last twelve months. … That means that for every HK$1 worth of shareholders' equity, it generated HK$0.093 in profit. … Return on Equity = Net Profit ÷ Shareholders' Equity

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What Can We Learn From Kinergy Corporation Ltd.’s (HKG:3302) Investment Returns?

In particular, we'll consider its Return On Capital Employed (ROCE), as that can give us insight into how profitably the company is able to employ capital in its business. … Understanding Return On Capital Employed (ROCE). … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

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Kinergy Corporation Ltd. (HKG:3302): Time For A Financial Health Check

(HKG:3302), which has zero-debt on its balance sheet, can maximize capital returns by increasing debt due to its lower cost of capital. … I will take you through a few basic checks to assess the financial health of companies with no debt. … Is 3302 right in choosing financial flexibility over lower cost of capital

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A Closer Look At Kinergy Corporation Ltd.'s (HKG:3302) Uninspiring ROE

This article is for those who would like to learn about Return On Equity (ROE). … Our data shows Kinergy has a return on equity of 7.2% for the last year. … Return on Equity = Net Profit ÷ Shareholders' Equity

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What Kind Of Shareholder Owns Most Kinergy Corporation Ltd (HKG:3302) Stock?

A look at the shareholders of Kinergy Corporation Ltd (HKG:3302) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … institutional investors have bought into the company

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What Should You Know About Kinergy Corporation Ltd's (HKG:3302) Capital Returns?

Your equity share is granted in return for the capital provided to the business to operate, and in order for an investment to be successful the business has to create earnings from the funds that make up this capital. … You need to pay attention to this because your return on investment is linked to dividends and internal investments to improve the business, which can only occur if the company is expected to produce adequate earnings with the capital that has been provided. … Therefore, looking at how efficiently Kinergy is able to use capital to create earnings will help us understand your potential return.

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Is Kinergy Corporation Ltd (HKG:3302) A Financially Sound Company?

However, the trade-off is 3302 will have to adhere to stricter debt covenants and have less financial flexibility. … Is 3302 growing fast enough to value financial flexibility over lower cost of capital. … There are well-known benefits of including debt in capital structure, primarily a lower cost of capital

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Kinergy Corporation Ltd (HKG:3302): Can It Deliver A Superior ROE To The Industry?

The content of this article will benefit those of you who are starting to educate yourself about investing in the stock market. … and want to begin learning the link between company’s fundamentals and stock market performance. … Kinergy Corporation Ltd’s (HKG:3302) most recent return on equity was a substandard 7.2% relative to its industry performance of 10.5% over the past year.

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Company Info

Description

Kinergy Corporation Ltd., together with its subsidiaries, provides contract manufacturing, design, engineering, and assembly services for the electronics industry in Singapore, the Philippines, the United States, the People’s Republic of China, Japan, and internationally. The company also designs, manufactures, and sells automated machines, apparatus, systems, equipment, and precision moulds and dies. In addition, it manufactures and sells mechanical components; and manufactures and assembles EMS sub-systems. Further, Kinergy Corporation Ltd. is involved in marketing and logistics, and procurement of materials. The company was formerly known as Kinergy Ltd and changed its name to Kinergy Corporation Ltd. in December 2013. Kinergy Corporation Ltd. was incorporated in 1988 and is headquartered in Singapore.

Details
Name: Kinergy Corporation Ltd.
3302
Exchange: SEHK
Founded: 1988
HK$644,003,493
858,671,324
Website: http://www.kinergy.com.sg
Address: Kinergy Corporation Ltd.
1 Changi North Street 1,
Lobby 2,
Singapore,
498789,
Singapore
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
SEHK 3302 New Ordinary Shares The Stock Exchange of Hong Kong Ltd. HK HKD 18. Jul 2018
Number of employees
Current staff
Staff numbers
532
Kinergy employees.
Industry
Electronic Equipment and Instruments
Tech
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/20 13:08
End of day share price update: 2019/05/20 00:00
Last earnings filing: 2019/04/24
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

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.