Luxking Group Holdings (SGX:BKK) - Share price, News & Analysis

BKK fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	4/6
Dividends	0/6

BKK Stock Overview

Luxking Group Holdings Limited, an investment holding company, manufactures and markets pressure-sensitive adhesive tape products in the People’s Republic of China, Hong Kong, and internationally.

Rewards

Price-To-Earnings ratio (1.4x) is below the SG market (11.4x)

Earnings grew by 49.4% over the past year

Risk Analysis

Debt is not well covered by operating cash flow

Shares are highly illiquid

Does not have a meaningful market cap (SGD3M)

Luxking Group Holdings Competitors

Reclaims Global

Catalist:NEX

S$13.2m

Chasen Holdings

SGX:5NV

S$27.5m

Union Steel Holdings

SGX:BLA

S$27.6m

Secura Group

Catalist:43B

S$30.0m

Price History & Performance

Summary of all time highs, changes and price drops for Luxking Group Holdings
Historical stock prices
Current Share Price	S$0.24
52 Week High	S$0.45
52 Week Low	S$0.23
Beta	-1.43
1 Month Change	0%
3 Month Change	4.35%
1 Year Change	-28.36%
3 Year Change	-14.29%
5 Year Change	-58.62%
Change since IPO	-92.50%

Recent News & Updates

Mar 16

Investors Will Want Luxking Group Holdings' (SGX:BKK) Growth In ROCE To Persist

There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...

Nov 01

Luxking Group Holdings' (SGX:BKK) Returns On Capital Are Heading Higher

There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to...

Jun 08

Slowing Rates Of Return At Luxking Group Holdings (SGX:BKK) Leave Little Room For Excitement

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...

Feb 18

The Trends At Luxking Group Holdings (SGX:BKK) That You Should Know About

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Shareholder Returns

	BKK	SG Commercial Services	SG Market
7D	0%	5.3%	-0.4%
1Y	-28.4%	-11.5%	-0.3%

Return vs Industry: BKK underperformed the SG Commercial Services industry which returned -10.4% over the past year.

Return vs Market: BKK underperformed the SG Market which returned -0.1% over the past year.

Price Volatility

Is BKK's price volatile compared to industry and market?
BKK volatility
BKK Average Weekly Movement	n/a
Commercial Services Industry Average Movement	7.4%
Market Average Movement	4.6%
10% most volatile stocks in SG Market	12.5%
10% least volatile stocks in SG Market	2.2%

Stable Share Price: Insufficient data to determine BKK's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine BKK's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1995	n/a	Chee Kwong Leung	https://www.newasiatapes.com

Luxking Group Holdings Limited, an investment holding company, manufactures and markets pressure-sensitive adhesive tape products in the People’s Republic of China, Hong Kong, and internationally. It manufactures and distributes adhesive tapes, such as stationary tapes, masking tapes, and double-sided tapes for industrial, commercial, and customer uses; and industrial specialty tapes for manufacturing and/or assembly processes primarily used for mobile and electronic appliances. The company also provides biaxially oriented polypropylene films (BOPP) for packaging applications in food, pharmaceutical, medical, and electrical industries.

Luxking Group Holdings Fundamentals Summary

How do Luxking Group Holdings's earnings and revenue compare to its market cap?
BKK fundamental statistics
Market Cap	CN¥14.67m
Earnings (TTM)	CN¥10.32m
Revenue (TTM)	CN¥567.53m

1.4x

P/E Ratio

0.0x

P/S Ratio

Is BKK overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
BKK income statement (TTM)
Revenue	CN¥567.53m
Cost of Revenue	CN¥500.64m
Gross Profit	CN¥66.89m
Other Expenses	CN¥56.58m
Earnings	CN¥10.32m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.82
Gross Margin	11.79%
Net Profit Margin	1.82%
Debt/Equity Ratio	78.1%

How did BKK perform over the long term?

See historical performance and comparison

We’ve recently updated our valuation analysis.

Valuation

Is BKK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for BKK?

Other financial metrics that can be useful for relative valuation.

The above table shows the n/a ratio for BKK. This is calculated by dividing BKK's market cap by their current preferred multiple.
What is BKK's n/a Ratio?
n/a Ratio	0x
n/a	n/a
Market Cap	CN¥14.67m

BKK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.2x
Enterprise Value/EBITDA	2.9x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does BKK's PE Ratio compare to its peers?

BKK PE Ratio vs Peers

The above table shows the PE ratio for BKK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	PE	Estimated Growth	Market Cap
Peer Average	6.2x
NEX Reclaims Global	2.7x	n/a	S$13.2m
5NV Chasen Holdings	8.9x	n/a	S$27.5m
BLA Union Steel Holdings	3.1x	n/a	S$27.6m
43B Secura Group	14.4x	n/a	S$30.0m
BKK Luxking Group Holdings	1.4x	n/a	S$3.0m

Price-To-Earnings vs Peers: BKK is good value based on its Price-To-Earnings Ratio (1.4x) compared to the peer average (6.2x).

Price to Earnings Ratio vs Industry

How does BKK's PE Ratio compare vs other companies in the Asian Commercial Services Industry?

Price-To-Earnings vs Industry: BKK is good value based on its Price-To-Earnings Ratio (1.4x) compared to the SG Commercial Services industry average (8.9x)

Price to Earnings Ratio vs Fair Ratio

What is BKK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

BKK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	1.4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate BKK's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of BKK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: Insufficient data to calculate BKK's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate BKK's fair value for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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Future Growth

How is Luxking Group Holdings forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

15.8%

Forecasted Commercial Services 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 Luxking Group 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.

Discover growth companies

Check out Luxking Group Holdings's track record over time to understand how much the company has returned to shareholders and its earnings growth rate in the past.
Luxking Group Holdings competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Luxking Group Holdings performed over the past 5 years?

Past Performance Score

5/6

Past Performance Score 5/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

1.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: BKK has high quality earnings.

Growing Profit Margin: BKK's current net profit margins (1.8%) are higher than last year (1.6%).

Past Earnings Growth Analysis

Earnings Trend: BKK has become profitable over the past 5 years, growing earnings by 1.8% per year.

Accelerating Growth: BKK's earnings growth over the past year (49.4%) exceeds its 5-year average (1.8% per year).

Earnings vs Industry: BKK earnings growth over the past year (49.4%) exceeded the Commercial Services industry 22.6%.

Return on Equity

High ROE: BKK's Return on Equity (8.6%) is considered low.

Discover strong past performing companies

Financial Health

How is Luxking Group Holdings's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: BKK's short term assets (CN¥220.4M) exceed its short term liabilities (CN¥166.9M).

Long Term Liabilities: BKK's short term assets (CN¥220.4M) exceed its long term liabilities (CN¥15.2M).

Debt to Equity History and Analysis

Debt Level: BKK's net debt to equity ratio (56.1%) is considered high.

Reducing Debt: BKK's debt to equity ratio has reduced from 90.9% to 78.1% over the past 5 years.

Debt Coverage: BKK's debt is not well covered by operating cash flow (1.4%).

Interest Coverage: BKK's interest payments on its debt are well covered by EBIT (4.7x coverage).

Balance Sheet

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Dividend

What is Luxking Group Holdings's current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Cash Flow Coverage

Dividend Yield vs Market

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

High Dividend: Unable to evaluate BKK'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 BKK's dividends per share have been stable in the past.

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

Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as BKK has not reported any payouts.

Discover strong dividend paying companies

Management

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

5.2yrs

Average management tenure

CEO

Chee Kwong Leung (66 yo)

no data

Tenure

Mr. Chee Kwong Leung founded Luxking Group Holdings Ltd. in 1995 and serves as its Executive Chairman and Chief Executive Officer. Mr. Leung is responsible for the formulation and execution of overall busi...

Leadership Team

Experienced Management: BKK's management team is seasoned and experienced (5.2 years average tenure).

Board Members

Experienced Board: BKK's board of directors are considered experienced (4.8 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.

Data	Last Updated (UTC time)
Company Analysis	2022/06/22 00:00
End of Day Share Price	2022/03/25 00:00
Earnings	2021/12/31
Annual Earnings	2021/06/30