Executive Summary
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.
Snowflake
Fundamentals
Good value with adequate balance sheet.
Share Price & News
How has Wong's Kong King International (Holdings)'s share price performed over time and what events caused price changes?
Latest Share Price and Events
Market Performance
7 Day Return
-8.0%
532
0.6%
HK Electronic
2.9%
HK Market
1 Year Return
-34.9%
532
-1.6%
HK Electronic
0.7%
HK Market
Return vs Industry: 532 underperformed the Hong Kong Electronic industry which returned -1.6% over the past year.
Return vs Market: 532 underperformed the Hong Kong Market which returned 0.7% over the past year.
Shareholder returns
| 532 | Industry | Market | |
|---|---|---|---|
| 7 Day | -8.0% | 0.6% | 2.9% |
| 30 Day | -5.5% | -1.6% | -2.5% |
| 90 Day | -24.2% | 3.7% | -5.4% |
| 1 Year | -30.5%-34.9% | 1.8%-1.6% | 4.4%0.7% |
| 3 Year | -21.9%-34.9% | 0.3%-7.6% | 17.0%5.2% |
| 5 Year | 33.0%3.0% | 54.2%34.3% | 20.2%0.2% |
Price Volatility Vs. Market
How volatile is Wong's Kong King International (Holdings)'s share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall St
Does Wong's Kong King International (Holdings) Limited's (HKG:532) P/E Ratio Signal A Buying Opportunity?3 weeks ago | Simply Wall St
Do Institutions Own Wong's Kong King International (Holdings) Limited (HKG:532) Shares?1 month ago | Simply Wall St
Estimating The Intrinsic Value Of Wong's Kong King International (Holdings) Limited (HKG:532)Valuation
Is Wong's Kong King International (Holdings) undervalued compared to its fair value and its price relative to the market?
0.9%
Undervalued compared to fair value
Share Price vs. Fair Value
Undervalued: 532 (HK$0.69) is trading below our estimate of fair value (HK$0.7)
Significantly Undervalued: 532 is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: 532 is good value based on its PE Ratio (6.9x) compared to the Electronic industry average (8.7x).
PE vs Market: 532 is good value based on its PE Ratio (6.9x) compared to the Hong Kong market (10.4x).
Price to Earnings Growth Ratio
Low 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 (0.3x) compared to the HK Electronic industry average (0.9x).
Next Steps
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?
17.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 532's forecast earnings growth (17.5% per year) is above the savings rate (2%).
Earnings vs Market: 532's earnings (17.5% per year) are forecast to grow faster than the Hong Kong market (11.1% per year).
High Growth Earnings: 532's earnings are forecast to grow, but not significantly.
Revenue vs Market: Insufficient data to determine if 532's revenue is forecast to grow faster than the Hong Kong market.
High Growth Revenue: Insufficient data to determine if 532's revenue is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
High Future ROE: Insufficient data to determine if 532's Return on Equity is forecast to be high in 3 years time
Next Steps
Past Performance
How has Wong's Kong King International (Holdings) performed over the past 5 years?
13.5%
Historical annual earnings growth
Earnings and Revenue History
Past Earnings Growth Analysis
Earnings Trend: 532's earnings have grown by 13.5% per year over the past 5 years.
Accelerating Growth: 532's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 532 had negative earnings growth (-40.7%) over the past year, making it difficult to compare to the Electronic industry average (-12.9%).
Return on Equity
High ROE: 532's Return on Equity (4.9%) is considered low.
Return on Assets
ROA vs Industry: 532's Return on Assets is below or equal to the Electronic industry average last year.
Return on Capital Employed
ROCE Improving: 532 has significantly improved its Return on Capital Employed over the past 3 years.
Next Steps
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$2.9B) exceeds its short term liabilities (HK$1.9B)
Long Term Liabilities: 532's short term assets (2.9B) exceeds its long term liabilities (34.9M)
Debt to Equity History and Analysis
Debt Level: 532's debt to equity ratio (48.3%) is considered high
Reducing Debt: 532's debt to equity ratio has reduced from 59.5% to 48.3% over the past 5 years.
Debt Coverage: 532's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 532's interest payments on its debt are well covered by EBIT (6.1x coverage).
Balance Sheet
Inventory Level: 532 has a high level of physical assets or inventory.
Debt Coverage by Assets: 532's debt is covered by short term assets (assets are 3.649860x debt).
Next Steps
Dividend
What is Wong's Kong King International (Holdings)'s current dividend yield, its reliability and sustainability?
8.70%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Stability and Growth of Payments
Notable Dividend: 532's dividend (8.7%) is higher than the bottom 25% of dividend payers in the Hong Kong market (2.25%).
High Dividend: 532's dividend (8.7%) is in the top 25% of dividend payers in the Hong Kong market (6.29%)
Stable Dividend: 532 has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: 532's dividend payments have increased, but the company has only paid a dividend for 9 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (60.1%), 532's dividend payments are 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
What is the CEO of Wong's Kong King International (Holdings)'s salary, the management and board of directors tenure and is there insider trading?
10.5yrs
Average management tenure
CEO
Edward Tsui (72yo)
4.6yrs
Tenure
HK$7,142,000
Compensation
Mr. Ying-Chun Tsui, also known as Edward, has been Chief Executive Officer of Wong's Kong King International (Holdings) Limited since March 1, 2015. Mr. Tsui serves as the Group President of Wong's Kong Ki ...
CEO Compensation Analysis
Compensation vs. Market: Edward's total compensation ($USD910.51K) is about average for companies of similar size in the Hong Kong market ($USD211.63K).
Compensation vs Earnings: Edward's compensation has been consistent with company performance over the past year.
Management Age and Tenure
10.5yrs
Average Tenure
71yo
Average Age
Experienced Management: 532's management team is seasoned and experienced (10.5 years average tenure).
Board Age and Tenure
23.7yrs
Average Tenure
71yo
Average Age
Experienced Board: 532's board of directors are seasoned and experienced ( 23.7 years average tenure).
Insider Trading
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Management Team
Edward Tsui (72yo)
CEO, Group President & Executive Director
- Tenure: 4.6yrs
- Compensation: HK$7.14m
Senta Wong (76yo)
Chairman of the Board
- Tenure: 29.6yrs
- Compensation: HK$12.55m
Byron Ho (74yo)
CFO & Executive Director
- Tenure: 29.6yrs
- Compensation: HK$6.62m
Bengie Kwong (71yo)
Executive Director
- Tenure: 23.7yrs
- Compensation: HK$5.40m
Alvin Chung (71yo)
General Manager of Human Resources & Administration Department
- Tenure: 0yrs
Bruce Bacon (60yo)
President of WKK America (Holdings) Inc
- Tenure: 0yrs
Victor Chang (44yo)
Executive Director
- Tenure: 2.1yrs
- Compensation: HK$1.92m
Smale Liao (55yo)
President & Director of Taiwan Kong King Co Limited
- Tenure: 0yrs
Vinci Wong (48yo)
Executive Director
- Tenure: 2.1yrs
- Compensation: HK$1.28m
Masato Watanabe (72yo)
President & Representative Director of WKK Japan Limited
- Tenure: 10.5yrs
Board Members
Edward Tsui (72yo)
CEO, Group President & Executive Director
- Tenure: 4.6yrs
- Compensation: HK$7.14m
Senta Wong (76yo)
Chairman of the Board
- Tenure: 29.6yrs
- Compensation: HK$12.55m
Byron Ho (74yo)
CFO & Executive Director
- Tenure: 29.6yrs
- Compensation: HK$6.62m
Bengie Kwong (71yo)
Executive Director
- Tenure: 23.7yrs
- Compensation: HK$5.40m
Chuen-Hau Yeung (71yo)
GM & Director of WKK China Limited
- Tenure: 0yrs
Ben Wong (63yo)
GM of Sales & Project Management Dept of WKK Technology Ltd and Director of WKK Technology Ltd
- Tenure: 0yrs
Victor Chang (44yo)
Executive Director
- Tenure: 2.1yrs
- Compensation: HK$1.92m
Smale Liao (55yo)
President & Director of Taiwan Kong King Co Limited
- Tenure: 0yrs
Vinci Wong (48yo)
Executive Director
- Tenure: 2.1yrs
- Compensation: HK$1.28m
Masato Watanabe (72yo)
President & Representative Director of WKK Japan Limited
- Tenure: 10.5yrs
Company Information
Wong's Kong King International (Holdings) Limited's company bio, 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$510.614m
- Shares outstanding: 729.45m
- Website: https://www.wkk.com.hk
Number of Employees
Location
- Wong's Kong King International (Holdings) Limited
- Octa Tower
- 17th Floor
- Kowloon Bay
- Kowloon
- Hong Kong
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532 | SEHK (The Stock Exchange of Hong Kong Ltd.) | Yes | Ordinary Shares | HK | HKD | Jan 1992 |
Biography
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 elec ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2019/10/14 12:33 |
| End of Day Share Price | 2019/10/14 00:00 |
| Earnings | 2019/06/30 |
| Annual Earnings | 2018/12/31 |
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.