KLSE:KEINHIN

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Kein Hing International Berhad

Executive Summary

Kein Hing International Berhad, an investment holding company, engages in the sheet metal forming, precision machining, and assembly of components for the components and devices, automotive, electrical, home appliances, and audio visual equipment industries. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

How has Kein Hing International Berhad's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: KEINHIN is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: KEINHIN's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of MY stocks.


Market Performance


7 Day Return

-6.9%

KEINHIN

-1.2%

MY Machinery

0.7%

MY Market


1 Year Return

n/a

KEINHIN

86.3%

MY Machinery

10.2%

MY Market

Return vs Industry: Insufficient data to determine how KEINHIN performed against the MY Machinery industry.

Return vs Market: Insufficient data to determine how KEINHIN performed against the MY Market.


Shareholder returns

KEINHINIndustryMarket
7 Day-6.9%-1.2%0.7%
30 Day0%-0.9%2.4%
90 Day15.5%20.1%-0.9%
1 Yearn/a89.5%86.3%13.7%10.2%
3 Year43.9%38.1%68.3%56.3%-1.8%-10.7%
5 Year-11.3%-18.1%51.8%32.3%11.8%-6.6%

Long-Term Price Volatility Vs. Market

How volatile is Kein Hing International Berhad's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Kein Hing International 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: KEINHIN (MYR0.67) is trading below our estimate of fair value (MYR1.77)

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


Price To Earnings Ratio

PE vs Industry: KEINHIN is good value based on its PE Ratio (13.4x) compared to the MY Machinery industry average (20.8x).

PE vs Market: KEINHIN is good value based on its PE Ratio (13.4x) compared to the MY market (18.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: KEINHIN is good value based on its PB Ratio (0.6x) compared to the MY Machinery industry average (1.1x).


Next Steps

Future Growth

How is Kein Hing International Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

25.2%

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 Kein Hing International 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

Past Performance

How has Kein Hing International Berhad performed over the past 5 years?

-24.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KEINHIN has high quality earnings.

Growing Profit Margin: KEINHIN's current net profit margins (2.6%) are higher than last year (1.5%).


Past Earnings Growth Analysis

Earnings Trend: KEINHIN's earnings have declined by 24% per year over the past 5 years.

Accelerating Growth: KEINHIN's earnings growth over the past year (58.9%) exceeds its 5-year average (-24% per year).

Earnings vs Industry: KEINHIN earnings growth over the past year (58.9%) exceeded the Machinery industry -19.8%.


Return on Equity

High ROE: KEINHIN's Return on Equity (5.2%) is considered low.


Next Steps

Financial Health

How is Kein Hing International Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: KEINHIN's short term assets (MYR111.7M) exceed its short term liabilities (MYR65.1M).

Long Term Liabilities: KEINHIN's short term assets (MYR111.7M) exceed its long term liabilities (MYR27.0M).


Debt to Equity History and Analysis

Debt Level: KEINHIN's debt to equity ratio (35%) is considered satisfactory.

Reducing Debt: KEINHIN's debt to equity ratio has reduced from 41.2% to 35% over the past 5 years.

Debt Coverage: KEINHIN's debt is well covered by operating cash flow (52.7%).

Interest Coverage: KEINHIN's interest payments on its debt are well covered by EBIT (4x coverage).


Balance Sheet


Next Steps

Dividend

What is Kein Hing International Berhad current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate KEINHIN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate KEINHIN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if KEINHIN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if KEINHIN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: KEINHIN is not paying a notable dividend for the MY market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of KEINHIN's dividend in 3 years as they are not forecast to pay a notable one for the MY market.


Next Steps

Management

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

16.6yrs

Average management tenure


CEO

Toon Yap (64 yo)

16.58yrs

Tenure

RM1,189,000

Compensation

Mr. Toon Choy Yap serves as Group Managing Director of Kein Hing International Bhd (KHI group). He is responsible for various key aspects of the KHIB Group management in areas such as engineering, quality ...


CEO Compensation Analysis

Compensation vs Market: Toon's total compensation ($USD293.46K) is above average for companies of similar size in the MY market ($USD143.88K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Toon Yap
Group MD & Director16.58yrsRM1.19m37.81%
MYR 29.0m
Elaine Yong
Head of Administration & Finances and Executive Director16.58yrsRM253.00k21.13%
MYR 16.2m
Fukui Chie
Senior Manager of Marketing & New Product Planning17.67yrsno datano data
Yim Ng
Company Secretaryno datano datano data
Mun Kok
Financial Controller13.17yrsno datano data

16.6yrs

Average Tenure

59.5yo

Average Age

Experienced Management: KEINHIN's management team is seasoned and experienced (16.6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Toon Yap
Group MD & Director16.58yrsRM1.19m37.81%
MYR 29.0m
Elaine Yong
Head of Administration & Finances and Executive Director16.58yrsRM253.00k21.13%
MYR 16.2m
Soo Swee
Senior Independent Non-Executive Directorno dataRM17.00kno data
Darsan Singh
Independent Non Executive Chairman13.17yrsRM25.00kno data
Gan Tsong
Independent Non-Executive Director13.67yrsRM15.00kno data
Khor Chye
Independent Non-Executive Director4yrsRM15.00kno data

13.7yrs

Average Tenure

65yo

Average Age

Experienced Board: KEINHIN's board of directors are seasoned and experienced ( 13.7 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

Kein Hing International Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Kein Hing International Berhad
  • Ticker: KEINHIN
  • Exchange: KLSE
  • Founded: NaN
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: RM76.774m
  • Shares outstanding: 108.90m
  • Website: https://www.keinhing.com

Number of Employees


Location

  • Kein Hing International Berhad
  • Lot 1863
  • Jalan Kolej
  • Seri Kembangan
  • Selangor
  • 43300
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
KEINHINKLSE (Bursa Malaysia)YesOrdinary SharesMYMYROct 2004

Biography

Kein Hing International Berhad, an investment holding company, engages in the sheet metal forming, precision machining, and assembly of components for the components and devices, automotive, electrical, ho...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/03/04 11:06
End of Day Share Price2021/03/04 00:00
Earnings2020/10/31
Annual Earnings2020/04/30


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.