| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 2/6 |
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
| Historical stock prices | |
|---|---|
| Current Share Price | HK$0.98 |
| 52 Week High | HK$0.49 |
| 52 Week Low | HK$1.59 |
| Beta | 0.11 |
| 1 Month Change | 2.08% |
| 3 Month Change | 3.16% |
| 1 Year Change | 81.48% |
| 3 Year Change | -5.77% |
| 5 Year Change | -7.55% |
| Change since IPO | 91.74% |
Recent News & Updates
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
| 532 | HK Electronic | HK Market | |
|---|---|---|---|
| 7D | 0% | 1.7% | 1.8% |
| 1Y | 81.5% | 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
| 532 volatility | |
|---|---|
| 532 Beta | 0.11 |
| Industry Beta | 1.01 |
| Market Beta | 1 |
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
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1975 | 4,392 | Edward Tsui | https://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
| 532 fundamental statistics | |
|---|---|
| Market Cap | HK$714.86m |
| Earnings (TTM) | HK$173.57m |
| Revenue (TTM) | HK$5.40b |
4.1x
P/E Ratio0.1x
P/S RatioIs 532 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 532 income statement (TTM) | |
|---|---|
| Revenue | HK$5.40b |
| Cost of Revenue | HK$4.26b |
| Gross Profit | HK$1.14b |
| Expenses | HK$969.86m |
| Earnings | HK$173.57m |
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.24 |
| Gross Margin | 21.16% |
| Net Profit Margin | 3.21% |
| Debt/Equity Ratio | 26.8% |
How did 532 perform over the long term?
See historical performance and comparisonDividends
4.1%
Current Dividend Yield34%
Payout RatioValuation
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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/21 18:03 |
| End of Day Share Price | 2021/10/21 00:00 |
| Earnings | 2021/06/30 |
| Annual Earnings | 2020/12/31 |
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.