Kingold Jewelry, Inc. designs, manufactures, and sells 24-karat gold jewelry and Chinese ornaments in the People’s Republic of China.
Fair value with questionable track record.
Share Price & News
How has Kingold Jewelry's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: KGJI's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: KGJI underperformed the US Luxury industry which returned -18.7% over the past year.
Return vs Market: KGJI underperformed the US Market which returned -10.4% over the past year.
Price Volatility Vs. Market
How volatile is Kingold Jewelry's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 weeks ago | Simply Wall StSome Kingold Jewelry (NASDAQ:KGJI) Shareholders Have Taken A Painful 85% Share Price Drop
1 month ago | Simply Wall StIs Kingold Jewelry, Inc.'s (NASDAQ:KGJI) CEO Salary Justified?
2 months ago | Simply Wall StWhat Kind Of Shareholder Owns Most Kingold Jewelry, Inc. (NASDAQ:KGJI) Stock?
Is Kingold Jewelry 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: Insufficient data to calculate KGJI's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate KGJI's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: KGJI is good value based on its PE Ratio (2.5x) compared to the Luxury industry average (10.9x).
PE vs Market: KGJI is good value based on its PE Ratio (2.5x) compared to the US market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate KGJI's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: KGJI is good value based on its PB Ratio (0x) compared to the US Luxury industry average (0.8x).
How is Kingold Jewelry forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Consumer Durables 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 Kingold Jewelry 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.
- Examine whether Kingold Jewelry 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 Consumer Durables industry.
How has Kingold Jewelry performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: KGJI has high quality earnings.
Growing Profit Margin: KGJI's current net profit margins (0.2%) are lower than last year (2%).
Past Earnings Growth Analysis
Earnings Trend: KGJI's earnings have grown by 1.9% per year over the past 5 years.
Accelerating Growth: KGJI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: KGJI had negative earnings growth (-91.2%) over the past year, making it difficult to compare to the Luxury industry average (3.2%).
Return on Equity
High ROE: KGJI's Return on Equity (0.5%) is considered low.
How is Kingold Jewelry's financial position?
Financial Position Analysis
Short Term Liabilities: KGJI's short term assets ($3.0B) exceed its short term liabilities ($1.5B).
Long Term Liabilities: KGJI's short term assets ($3.0B) exceed its long term liabilities ($830.0M).
Debt to Equity History and Analysis
Debt Level: KGJI's debt to equity ratio (230.5%) is considered high.
Reducing Debt: KGJI's debt to equity ratio has increased from 19.5% to 230.5% over the past 5 years.
Debt Coverage: KGJI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: KGJI's interest payments on its debt are not well covered by EBIT (1.1x coverage).
Inventory Level: KGJI has a low level of unsold assets or inventory.
Debt Coverage by Assets: KGJI's debt is covered by short term assets (assets are 1.4x debt).
What is Kingold Jewelry's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate KGJI's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate KGJI's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if KGJI's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if KGJI's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of KGJI's dividend in 3 years as they are not forecast to pay a notable one for the US market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Zhihong Jia (57yo)
Mr. Zhihong Jia Founded Kingold Jewelry, Inc. in December 2009 and has been its Chief Executive Officer since December 2009. He also serves as President of Kingold Jewelry, Inc. Mr. Jia has been the Chairm ...
CEO Compensation Analysis
Compensation vs Market: Zhihong's total compensation ($USD175.00K) is below average for companies of similar size in the US market ($USD602.37K).
Compensation vs Earnings: Zhihong's compensation has been consistent with company performance over the past year.
|CFO & Secretary||9.83yrs||US$135.00k||0.54% $60.0k|
|GM & Director||5.67yrs||no data||0.57% $63.4k|
Experienced Management: KGJI's management team is seasoned and experienced (9.8 years average tenure).
|GM & Director||5.67yrs||no data||0.57% $63.4k|
|Independent Director||5.67yrs||US$17.88k||no data|
|Independent Director||3.83yrs||US$48.00k||no data|
|Independent Director||3.58yrs||no data||no data|
Experienced Board: KGJI's board of directors are considered experienced (5.7 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.
Kingold Jewelry, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Kingold Jewelry, Inc.
- Ticker: KGJI
- Exchange: NasdaqCM
- Founded: 2002
- Industry: Apparel, Accessories and Luxury Goods
- Sector: Consumer Durables
- Market Cap: US$11.021m
- Shares outstanding: 11.02m
- Website: https://www.kingoldjewelry.com
Number of Employees
- Kingold Jewelry, Inc.
- No. 8 Han Huang Road
- Jiang’an District
- Hubei Province
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|KGJI||NasdaqCM (Nasdaq Capital Market)||Yes||Common Stock||US||USD||Dec 2009|
|7KJA||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Dec 2009|
Kingold Jewelry, Inc. designs, manufactures, and sells 24-karat gold jewelry and Chinese ornaments in the People’s Republic of China. The company offers a range of in-house designed products, including gold necklaces, rings, earrings, bracelets, gold bars, and pendants. It also invests in gold. The company sells its products to wholesalers, distributors, and retailers under the Kingold brand. Kingold Jewelry, Inc. was founded in 2002 and is based in Wuhan, the People’s Republic of China.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/03/31 03:29|
|End of Day Share Price||2020/03/30 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.