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532

Wong's Kong King International (Holdings)SEHK:532 Stock Report

Market Cap

HK$714.9m

7D

0%

1Y

81.5%

Updated

21 Oct, 2021

Data

Company Financials
532 fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance5/6
Financial Health6/6
Dividends2/6

532 Overview

Wong's Kong King International (Holdings) Limited, an investment holding company, trades in and distributes chemicals, materials, and equipment for use in the manufacture of printed circuit boards and electronic products.

Price History & Performance

Summary of all time highs, changes and price drops for Wong's Kong King International (Holdings)
Historical stock prices
Current Share PriceHK$0.98
52 Week HighHK$0.49
52 Week LowHK$1.59
Beta0.11
1 Month Change2.08%
3 Month Change3.16%
1 Year Change81.48%
3 Year Change-5.77%
5 Year Change-7.55%
Change since IPO91.74%

Recent News & Updates

Jun 07
Returns On Capital Are Showing Encouraging Signs At Wong's Kong King International (Holdings) (HKG:532)

Returns On Capital Are Showing Encouraging Signs At Wong's Kong King International (Holdings) (HKG:532)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...

Shareholder Returns

532HK ElectronicHK Market
7D0%1.7%1.8%
1Y81.5%26.7%5.7%

Return vs Industry: 532 exceeded the Hong Kong Electronic industry which returned 27% over the past year.

Return vs Market: 532 exceeded the Hong Kong Market which returned 6.2% over the past year.

Price Volatility

Is 532's price volatile compared to industry and market?
532 volatility
532 Beta0.11
Industry Beta1.01
Market Beta1

Stable Share Price: 532 is less volatile than 75% of Hong Kong stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 532's weekly volatility has decreased from 13% to 4% over the past year.

About the Company

FoundedEmployeesCEOWebsite
19754,392Edward Tsuihttps://www.wkkintl.com

Wong's Kong King International (Holdings) Limited, an investment holding company, trades in and distributes chemicals, materials, and equipment for use in the manufacture of printed circuit boards and electronic products. It operates in two segments, Trading and Manufacturing. The company is involved in trading and distributing of plastic and industrial products, semi-conductors equipment, electronics components, printed circuit boards, and other related products; trading, distributing, and installing of turnkey production facilities; and designing, producing, and testing of electronics components.

Wong's Kong King International (Holdings) Fundamentals Summary

How do Wong's Kong King International (Holdings)'s earnings and revenue compare to its market cap?
532 fundamental statistics
Market CapHK$714.86m
Earnings (TTM)HK$173.57m
Revenue (TTM)HK$5.40b

4.1x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
532 income statement (TTM)
RevenueHK$5.40b
Cost of RevenueHK$4.26b
Gross ProfitHK$1.14b
ExpensesHK$969.86m
EarningsHK$173.57m

Dividends

4.1%

Current Dividend Yield

34%

Payout Ratio

Valuation

Is Wong's Kong King International (Holdings) undervalued compared to its fair value and its price relative to the market?

49.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 532 (HK$0.98) is trading below our estimate of fair value (HK$1.92)

Significantly Below Fair Value: 532 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 532 is good value based on its PE Ratio (4.1x) compared to the Hong Kong Electronic industry average (9x).

PE vs Market: 532 is good value based on its PE Ratio (4.1x) compared to the Hong Kong market (9.7x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532 is good value based on its PB Ratio (0.4x) compared to the HK Electronic industry average (0.8x).


Future Growth

How is Wong's Kong King International (Holdings) forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

17.9%

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 Wong's Kong King International (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.


Past Performance

How has Wong's Kong King International (Holdings) performed over the past 5 years?

11.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532 has high quality earnings.

Growing Profit Margin: 532's current net profit margins (3.2%) are higher than last year (0.5%).


Past Earnings Growth Analysis

Earnings Trend: 532's earnings have grown by 11.4% per year over the past 5 years.

Accelerating Growth: 532's earnings growth over the past year (602.1%) exceeds its 5-year average (11.4% per year).

Earnings vs Industry: 532 earnings growth over the past year (602.1%) exceeded the Electronic industry 50.5%.


Return on Equity

High ROE: 532's Return on Equity (10.5%) is considered low.


Financial Health

How is Wong's Kong King International (Holdings)'s financial position?


Financial Position Analysis

Short Term Liabilities: 532's short term assets (HK$3.0B) exceed its short term liabilities (HK$1.7B).

Long Term Liabilities: 532's short term assets (HK$3.0B) exceed its long term liabilities (HK$25.7M).


Debt to Equity History and Analysis

Debt Level: 532's debt to equity ratio (26.8%) is considered satisfactory.

Reducing Debt: 532's debt to equity ratio has reduced from 33.8% to 26.8% over the past 5 years.

Debt Coverage: 532's debt is well covered by operating cash flow (75.1%).

Interest Coverage: 532's interest payments on its debt are well covered by EBIT (99.5x coverage).


Balance Sheet


Dividend

What is Wong's Kong King International (Holdings) current dividend yield, its reliability and sustainability?

4.08%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 532's dividend (4.08%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.26%).

High Dividend: 532's dividend (4.08%) is low compared to the top 25% of dividend payers in the Hong Kong market (6.79%).


Stability and Growth of Payments

Stable Dividend: 532's dividend payments have been volatile in the past 10 years.

Growing Dividend: 532's dividend payments have not increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.6%), 532'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.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

11.3yrs

Average management tenure


CEO

Edward Tsui (74 yo)

6.58yrs

Tenure

HK$7,398,000

Compensation

Mr. Ying-Chun Tsui, also known as Edward, has been Chief Executive Officer of Wong's Kong King International (Holdings) Limited since March 1, 2015. Mr. Tsui serves as Director of Taiwan Kong King Co.,Ltd...


CEO Compensation Analysis

Compensation vs Market: Edward's total compensation ($USD951.59K) is above average for companies of similar size in the Hong Kong market ($USD228.12K).

Compensation vs Earnings: Edward's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 532's management team is seasoned and experienced (11.3 years average tenure).


Board Members

Experienced Board: 532's board of directors are seasoned and experienced ( 23 years average tenure).


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Wong's Kong King International (Holdings) Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Wong's Kong King International (Holdings) Limited
  • Ticker: 532
  • Exchange: SEHK
  • Founded: 1975
  • Industry: Electronic Manufacturing Services
  • Sector: Tech
  • Market Cap: HK$714.859m
  • Shares outstanding: 729.45m
  • Website: https://www.wkkintl.com

Number of Employees


Location

  • Wong's Kong King International (Holdings) Limited
  • Harbourside HQ
  • 17th Floor
  • Kowloon Bay
  • Kowloon
  • Hong Kong

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/21 18:03
End of Day Share Price2021/10/21 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.