Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China.
Flawless balance sheet established dividend payer.
Share Price & News
How has Lonking Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: LONK.F has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: Insufficient data to determine how LONK.F performed against the US Machinery industry.
Return vs Market: Insufficient data to determine how LONK.F performed against the US Market.
Price Volatility Vs. Market
How volatile is Lonking Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Lonking Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: LONK.F ($0.33) is trading above our estimate of fair value ($0.31)
Significantly Below Fair Value: LONK.F is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: LONK.F is good value based on its PE Ratio (6.4x) compared to the US Machinery industry average (19.1x).
PE vs Market: LONK.F is good value based on its PE Ratio (6.4x) compared to the US market (16.1x).
Price to Earnings Growth Ratio
PEG Ratio: LONK.F's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: LONK.F is good value based on its PB Ratio (1.2x) compared to the US Machinery industry average (1.9x).
How is Lonking Holdings forecast to perform in the next 1 to 3 years based on estimates from 12 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: LONK.F's earnings are forecast to decline over the next 3 years (-7.1% per year).
Earnings vs Market: LONK.F's earnings are forecast to decline over the next 3 years (-7.1% per year).
High Growth Earnings: LONK.F's earnings are forecast to decline over the next 3 years.
Revenue vs Market: LONK.F's revenue (1.2% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: LONK.F's revenue (1.2% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: LONK.F's Return on Equity is forecast to be low in 3 years time (12.9%).
How has Lonking Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: LONK.F has a large one-off gain of CN¥399.3M impacting its December 31 2019 financial results.
Growing Profit Margin: LONK.F's current net profit margins (14%) are higher than last year (9.6%).
Past Earnings Growth Analysis
Earnings Trend: LONK.F's earnings have grown significantly by 39.8% per year over the past 5 years.
Accelerating Growth: LONK.F's earnings growth over the past year (43.7%) exceeds its 5-year average (39.8% per year).
Earnings vs Industry: LONK.F earnings growth over the past year (43.7%) exceeded the Machinery industry -5.4%.
Return on Equity
High ROE: LONK.F's Return on Equity (18.1%) is considered low.
How is Lonking Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: LONK.F's short term assets (CN¥10.8B) exceed its short term liabilities (CN¥4.7B).
Long Term Liabilities: LONK.F's short term assets (CN¥10.8B) exceed its long term liabilities (CN¥799.4M).
Debt to Equity History and Analysis
Debt Level: LONK.F's debt to equity ratio (7.8%) is considered satisfactory.
Reducing Debt: LONK.F's debt to equity ratio has reduced from 60.9% to 7.8% over the past 5 years.
Debt Coverage: LONK.F's debt is well covered by operating cash flow (221.5%).
Interest Coverage: LONK.F earns more interest than it pays, so coverage of interest payments is not a concern.
What is Lonking Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: LONK.F's dividend (9.15%) is higher than the bottom 25% of dividend payers in the US market (1.68%).
High Dividend: LONK.F's dividend (9.15%) is in the top 25% of dividend payers in the US market (4.59%)
Stability and Growth of Payments
Stable Dividend: LONK.F's dividend payments have been volatile in the past 10 years.
Growing Dividend: LONK.F's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (58.2%), LONK.F's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: LONK.F's dividends in 3 years are forecast to be covered by earnings (51% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
San Yim Li (69yo)
Mr. San Yim Li is the Founder of Lonking Holdings Ltd. (Also called as China Infrastructure Machinery Holdings Ltd.) and serves as its Executive Chairman and has also been Chief Executive Officer since Dec ...
CEO Compensation Analysis
Compensation vs Market: San Yim's total compensation ($USD1.39M) is below average for companies of similar size in the US market ($USD4.72M).
Compensation vs Earnings: San Yim's compensation has been consistent with company performance over the past year.
|CFO & Executive Director||8.17yrs||CN¥849.00k||no data|
|VP & Executive Director||15.42yrs||CN¥900.00k||0.054% CN¥810.8k|
|Executive VP & Executive Director||15.42yrs||CN¥1.25m||0.037% CN¥562.2k|
|VP, GM of Excavator Business Segment & Executive Director||8.17yrs||CN¥1.25m||0.010% CN¥151.4k|
|Independent Non Executive Director||15.42yrs||CN¥200.00k||no data|
|Non Executive Vice Chairman||no data||CN¥1.20m||56.03% CN¥844.7m|
|Independent Non-Executive Director||6.92yrs||CN¥100.00k||no data|
|Independent Non-Executive Director||5.75yrs||CN¥100.00k||no data|
Experienced Board: LONK.F's board of directors are considered experienced (8.2 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Lonking Holdings Limited's company bio, employee growth, exchange listings and data sources
- Name: Lonking Holdings Limited
- Ticker: LONK.F
- Exchange: OTCPK
- Founded: 1993
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: HK$11.685b
- Listing Market Cap: HK$1.508b
- Shares outstanding: 4.28b
- Website: https://www.lonking.cn
Number of Employees
- Lonking Holdings Limited
- No. 26 Mingyi Road
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|3339||SEHK (The Stock Exchange of Hong Kong Ltd.)||Yes||Ordinary Shares||HK||HKD||Nov 2005|
|C9IB||DB (Deutsche Boerse AG)||Yes||Ordinary Shares||DE||EUR||Nov 2005|
|LONK.F||OTCPK (Pink Sheets LLC)||Yes||Ordinary Shares||US||USD||Nov 2005|
|3339||SZSC (The Stock Exchange of Hong Kong - Shenzhen - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Nov 2005|
|3339||SHSC (Stock Exchange of Hong Kong Limited - Shanghai - Hong Kong Stock Connect)||Yes||Ordinary Shares||HK||HKD||Nov 2005|
|LKHL.Y||OTCPK (Pink Sheets LLC)||ADR||US||USD||May 2010|
Lonking Holdings Limited, an investment holding company, manufactures and distributes wheel loaders, road rollers, excavators, forklifts, and other construction machinery in Mainland China. It also provides hydraulic excavators and skid steer loaders; and diesel, electric, and LPG forklifts. In addition, the company offers components, such as axles, gear boxes, cylinders, gears, castings, and high-end hydraulic pumps and valves; and main valves, parts, pilot oil valves, radial plunger motors, swing motors and reducer assemblies, and variable plunger pumps. Further, it provides finance leasing for wheel loaders and other machinery. The company also sells its products to approximately 40 countries in Mid and South America, Russia, Asia and Pacific area, Mid-East countries and Africa, etc. Lonking Holdings Limited was founded in 1993 and is headquartered in Shanghai, the People’s Republic of China.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/15 00:37|
|End of Day Share Price||2020/05/27 00:00|
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.