Kingboard Laminates Holdings Future Growth

Future criteria checks 4/6

Kingboard Laminates Holdings is forecast to grow earnings and revenue by 33.7% and 12.2% per annum respectively. EPS is expected to grow by 36.7% per annum. Return on equity is forecast to be 16.8% in 3 years.

Key information

33.7%

Earnings growth rate

36.7%

EPS growth rate

Electronic earnings growth	23.6%
Revenue growth rate	12.2%
Future return on equity	16.8%
Analyst coverage	Low
Last updated	05 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

SZSC:1888 - Analysts future estimates and past financials data (HKD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	23,476	3,062	N/A	5,016	2
12/31/2025	20,949	2,775	N/A	2,243	2
12/31/2024	18,646	1,814	N/A	3,296	2
6/30/2024	17,279	1,213	1,023	1,624	N/A
3/31/2024	17,014	1,060	623	1,224	N/A
12/31/2023	16,750	907	223	824	N/A
9/30/2023	17,024	706	566	1,921	N/A
6/30/2023	17,298	506	910	3,017	N/A
3/31/2023	19,831	1,207	2,397	4,505	N/A
12/31/2022	22,364	1,909	3,885	5,992	N/A
9/30/2022	25,210	3,580	4,243	6,291	N/A
6/30/2022	28,056	5,251	4,601	6,591	N/A
3/31/2022	28,428	6,016	4,497	6,487	N/A
12/31/2021	28,800	6,782	4,394	6,384	N/A
9/30/2021	26,607	6,104	3,541	4,883	N/A
6/30/2021	24,414	5,427	2,688	3,382	N/A
3/31/2021	20,857	4,115	2,136	2,830	N/A
12/31/2020	17,301	2,803	1,583	2,278	N/A
9/30/2020	17,431	2,428	1,607	2,481	N/A
6/30/2020	17,560	2,053	1,631	2,683	N/A
3/31/2020	17,972	2,228	1,624	2,676	N/A
12/31/2019	18,384	2,402	1,617	2,668	N/A
9/30/2019	18,488	2,478	N/A	N/A	N/A
6/30/2019	18,593	2,554	3,445	4,331	N/A
3/31/2019	19,619	2,902	3,043	3,929	N/A
12/31/2018	20,646	3,250	2,642	3,528	N/A
9/30/2018	19,816	3,392	N/A	N/A	N/A
6/30/2018	18,987	3,534	1,615	2,574	N/A
3/31/2018	18,662	3,649	N/A	2,890	N/A
12/31/2017	18,338	3,765	N/A	3,206	N/A
9/30/2017	17,691	4,640	N/A	4,298	N/A
6/30/2017	17,044	5,515	N/A	5,390	N/A
3/31/2017	16,288	4,931	N/A	5,623	N/A
12/31/2016	15,532	4,347	N/A	5,856	N/A
9/30/2016	14,632	2,916	N/A	3,935	N/A
6/30/2016	13,733	1,485	N/A	2,014	N/A
3/31/2016	13,251	1,375	N/A	1,329	N/A
12/31/2015	12,770	1,265	N/A	644	N/A
9/30/2015	13,090	1,209	N/A	834	N/A
6/30/2015	13,410	1,152	N/A	1,024	N/A
3/31/2015	13,346	1,137	N/A	1,258	N/A
12/31/2014	13,283	1,122	N/A	1,493	N/A
9/30/2014	13,101	1,175	N/A	1,677	N/A
6/30/2014	12,919	1,229	N/A	1,861	N/A
3/31/2014	12,859	1,218	N/A	1,449	N/A
12/31/2013	12,798	1,207	N/A	1,037	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1888's forecast earnings growth (33.7% per year) is above the savings rate (2.3%).

Earnings vs Market: 1888's earnings (33.7% per year) are forecast to grow faster than the Hong Kong market (11.6% per year).

High Growth Earnings: 1888's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 1888's revenue (12.2% per year) is forecast to grow faster than the Hong Kong market (7.8% per year).

High Growth Revenue: 1888's revenue (12.2% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 1888's Return on Equity is forecast to be low in 3 years time (16.8%).

Kingboard Laminates Holdings Future Growth

Future criteria checks 4/6

Key information

Recent future growth updates

Kingboard Laminates Holdings Limited Provides Preliminary Unaudited Group Earnings Guidance for the Year Ended 31 December 2023

Kingboard Laminates Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2022

KINGBOARD LAMINATES HOLDINGS LIMITED Provides Earnings Guidance for the Six Months Ended 30 June 2022

Kingboard Laminates Holdings Limited Provides Earnings Guidance for the Year Ended December 31, 2021

Kingboard Laminates Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021

Kingboard Laminates Holdings Limited Provides Group Earnings Guidance for the Three Months Ended 31 March 2021

Recent updates

Investor sentiment improves as stock rises 15%

First half dividend increased to HK$0.12

First half 2024 earnings released: EPS: HK$0.23 (vs HK$0.14 in 1H 2023)

Kingboard Laminates Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on 07 January 2025

Kingboard Laminates Holdings Limited to Report First Half, 2024 Results on Aug 26, 2024

Investor sentiment improves as stock rises 16%

Upcoming dividend of HK$0.10 per share

Kingboard Laminates Holdings Limited Appoints Cheung, Emily Chun Ming as an Executive Director

Investor sentiment improves as stock rises 21%

Full year 2023 earnings released: EPS: HK$0.29 (vs HK$0.61 in FY 2022)

Final dividend of HK$0.10 announced

Kingboard Laminates Holdings Limited, Annual General Meeting, May 27, 2024

Full year 2023 earnings released: EPS: HK$0.29 (vs HK$0.61 in FY 2022)

Now 21% overvalued

Investor sentiment improves as stock rises 15%

Kingboard Laminates Holdings Limited to Report Fiscal Year 2023 Final Results on Mar 18, 2024

Kingboard Laminates Holdings Limited Provides Preliminary Unaudited Group Earnings Guidance for the Year Ended 31 December 2023

Investor sentiment deteriorates as stock falls 16%

Now 21% overvalued

Upcoming dividend of HK$0.06 per share at 3.7% yield

Investor sentiment improves as stock rises 15%

First half 2023 earnings released: EPS: HK$0.14 (vs HK$0.58 in 1H 2022)

Kingboard Laminates Holdings Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable 04 January 2024

Kingboard Laminates Holdings Limited to Report First Half, 2023 Results on Aug 28, 2023

Upcoming dividend of HK$0.20 per share at 4.8% yield

Full year 2022 earnings released: EPS: HK$0.61 (vs HK$2.17 in FY 2021)

Kingboard Laminates Holdings Limited Provides Earnings Guidance for the Year Ended 31 December 2022

Upcoming dividend of HK$0.15 per share

Less than half of directors are independent

Kingboard Laminates Holdings Limited Announces Interim (Semi-Annual) Dividend for the Six Months Ended 30 June 2022, Payment Date Is 05 January 2023

First half 2022 earnings released: EPS: HK$0.58 (vs HK$1.08 in 1H 2021)

Investor sentiment deteriorated over the past week

KINGBOARD LAMINATES HOLDINGS LIMITED Provides Earnings Guidance for the Six Months Ended 30 June 2022

Investor sentiment deteriorated over the past week

Upcoming dividend of HK$1.20 per share

Less than half of directors are independent

Kingboard Laminates Holdings Limited to Report Fiscal Year 2021 Results on Mar 18, 2022

Kingboard Laminates Holdings Limited Provides Earnings Guidance for the Year Ended December 31, 2021

Executive Director recently bought HK$2.7m worth of stock

Independent Non Executive Director recently bought HK$829k worth of stock

Upcoming dividend of HK$0.30 per share

First half 2021 earnings released: EPS HK$1.08 (vs HK$0.24 in 1H 2020)

Kingboard Laminates Holdings Limited Provides Unaudited Consolidated Earnings Guidance for the Six Months Ended June 30, 2021

Independent Non-Executive Director Tai Chiu Leung has left the company

Upcoming dividend of HK$0.50 per share

Independent Non-Executive Director recently sold HK$3.6m worth of stock

Independent Non-Executive Director recently sold HK$5.8m worth of stock

Full year 2020 earnings released: EPS HK$0.91 (vs HK$0.78 in FY 2019)

Kingboard Laminates Holdings Limited Proposes Special Final Dividend

CEO, MD & Executive Director recently sold HK$10m worth of stock

Kingboard Laminates Holdings Limited Provides Group Earnings Guidance for the Three Months Ended 31 March 2021

Non-Executive Director recently sold HK$1.2m worth of stock

Kingboard Laminates Holdings Limited Proposes Special Final Dividend, Payable on June 10, 2021

Full year 2020 earnings released: EPS HK$0.91 (vs HK$0.78 in FY 2019)

Investor sentiment improved over the past week

Kingboard Laminates Holdings Limited to Report Fiscal Year 2020 Results on Mar 22, 2021

New 90-day high: HK$14.00

Investor sentiment improved over the past week

New 90-day high: HK$13.72

Market pulls back on stock over the past week

Upcoming Dividend of HK$2.00 Per Share

Independent Non-Executive Director recently sold HK$812k worth of stock

New 90-day high: HK$12.90

Executive Chairman recently bought HK$1.5m worth of stock

Executive Chairman recently bought HK$1.5m worth of stock

Independent Non-Executive Director recently sold HK$2.8m worth of stock

Market bids up stock over the past week

New 90-day high: HK$12.32

Market bids up stock over the past week