Hong Leong Industries Berhad
Market Cap
RM2.8b
Last Updated
2021/03/03 11:07 UTC
Data Sources
Company Financials
Executive Summary
Hong Leong Industries Berhad, an investment holding company, manufactures and sells consumer and industrial products in Malaysia, Australia, Vietnam, Thailand, Singapore, Taiwan, and internationally. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet average dividend payer.
Share Price & News
How has Hong Leong Industries Berhad's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: HLIND is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: HLIND's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
8.9%
HLIND
7.4%
MY Industrials
0.7%
MY Market
1 Year Return
-2.8%
HLIND
-3.9%
MY Industrials
10.2%
MY Market
Return vs Industry: HLIND underperformed the MY Industrials industry which returned -1.2% over the past year.
Return vs Market: HLIND underperformed the MY Market which returned 10.9% over the past year.
Shareholder returns
| HLIND | Industry | Market | |
|---|---|---|---|
| 7 Day | 8.9% | 7.4% | 0.7% |
| 30 Day | 9.3% | 2.5% | 2.4% |
| 90 Day | 0.1% | -1.5% | -0.9% |
| 1 Year | 2.0%-2.8% | -0.7%-3.9% | 13.7%10.2% |
| 3 Year | -9.3%-21.0% | -12.0%-20.2% | -1.8%-10.7% |
| 5 Year | 80.0%41.9% | 20.4%-49.6% | 11.8%-6.6% |
Long-Term Price Volatility Vs. Market
How volatile is Hong Leong Industries Berhad's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall St
Should We Be Excited About The Trends Of Returns At Hong Leong Industries Berhad (KLSE:HLIND)?1 month ago | Simply Wall St
We Think Hong Leong Industries Berhad's (KLSE:HLIND) Statutory Profit Might Understate Its Earnings PotentialValuation
Is Hong Leong Industries Berhad undervalued compared to its fair value and its price relative to the market?
>50%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: HLIND (MYR8.8) is trading below our estimate of fair value (MYR18.48)
Significantly Below Fair Value: HLIND is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: HLIND is poor value based on its PE Ratio (15x) compared to the MY Industrials industry average (13x).
PE vs Market: HLIND is good value based on its PE Ratio (15x) compared to the MY market (18.9x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate HLIND's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: HLIND is overvalued based on its PB Ratio (1.5x) compared to the MY Industrials industry average (0.3x).
Next Steps
Future Growth
How is Hong Leong Industries Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
29.4%
Forecasted Capital Goods 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 Hong Leong Industries Berhad 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.
Next Steps
- Examine whether Hong Leong Industries Berhad is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Explore growth companies in the Capital Goods industry.
Past Performance
How has Hong Leong Industries Berhad performed over the past 5 years?
3.1%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: HLIND has high quality earnings.
Growing Profit Margin: HLIND's current net profit margins (8%) are lower than last year (12.1%).
Past Earnings Growth Analysis
Earnings Trend: HLIND's earnings have grown by 3.1% per year over the past 5 years.
Accelerating Growth: HLIND's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HLIND had negative earnings growth (-40.1%) over the past year, making it difficult to compare to the Industrials industry average (-13.7%).
Return on Equity
High ROE: HLIND's Return on Equity (13.1%) is considered low.
Next Steps
Financial Health
How is Hong Leong Industries Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: HLIND's short term assets (MYR1.9B) exceed its short term liabilities (MYR479.5M).
Long Term Liabilities: HLIND's short term assets (MYR1.9B) exceed its long term liabilities (MYR38.9M).
Debt to Equity History and Analysis
Debt Level: HLIND's debt to equity ratio (0.8%) is considered satisfactory.
Reducing Debt: HLIND's debt to equity ratio has reduced from 8.4% to 0.8% over the past 5 years.
Debt Coverage: HLIND's debt is well covered by operating cash flow (2844.2%).
Interest Coverage: HLIND earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Hong Leong Industries Berhad current dividend yield, its reliability and sustainability?
4.77%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: HLIND's dividend (4.77%) is higher than the bottom 25% of dividend payers in the MY market (1.48%).
High Dividend: HLIND's dividend (4.77%) is in the top 25% of dividend payers in the MY market (4.16%)
Stability and Growth of Payments
Stable Dividend: HLIND's dividend payments have been volatile in the past 10 years.
Growing Dividend: HLIND's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (71.5%), HLIND'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
How experienced are the management team and are they aligned to shareholders interests?
1.6yrs
Average management tenure
CEO
Jim Khor (56 yo)
0.58
Tenure
Mr. Mun Wei Khor, also known as Jim, serves as Group Managing Director at Hong Leong Industries Berhad since August 1, 2020 and Executive/Non-Independent Director since August 2020. He has been Managing Di...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group MD & Executive Non-Independent Director | 0.58yr | no data | 0.042% MYR 1.2m | |
| Chief Financial Officer | 0.17yr | no data | no data | |
| Managing Director of Hume Marketing Co Sdn Bhd | no data | no data | no data | |
| Managing Director of Guocera Holdings Sdn Bhd | 2.58yrs | no data | no data | |
| Company Secretary | no data | no data | no data | |
| Company Secretary | 7.67yrs | no data | no data |
1.6yrs
Average Tenure
57.5yo
Average Age
Experienced Management: HLIND's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Group MD & Executive Non-Independent Director | 0.58yr | no data | 0.042% MYR 1.2m | |
| Non-Executive Non-Independent Chairman | 9.08yrs | no data | 0.82% MYR 22.8m | |
| Non-Executive Independent Director | 9.08yrs | RM126.00k | no data | |
| Non Independent Non-Executive Director | 4.17yrs | no data | no data | |
| Independent Non Executive Director | 3yrs | RM120.00k | no data | |
| Non-Executive Independent Director | 5.75yrs | RM136.00k | no data |
5.0yrs
Average Tenure
59.5yo
Average Age
Experienced Board: HLIND's board of directors are considered experienced (5 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
Hong Leong Industries Berhad's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Hong Leong Industries Berhad
- Ticker: HLIND
- Exchange: KLSE
- Founded: 1964
- Industry: Industrial Conglomerates
- Sector: Capital Goods
- Market Cap: RM2.765b
- Shares outstanding: 314.23m
- Website: https://www.hli.com.my
Location
- Hong Leong Industries Berhad
- Menara Hong Leong
- Level 31
- Kuala Lumpur
- Wilayah Persekutuan
- 50490
- Malaysia
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| HLIND | KLSE (Bursa Malaysia) | Yes | Ordinary Shares | MY | MYR | Jan 1992 |
Biography
Hong Leong Industries Berhad, an investment holding company, manufactures and sells consumer and industrial products in Malaysia, Australia, Vietnam, Thailand, Singapore, Taiwan, and internationally. It op...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/03 11:07 |
| End of Day Share Price | 2021/03/02 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/06/30 |
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.