Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to HK$2.00, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Oil and Gas industry in Hong Kong. Total returns to shareholders of 476% over the past three years. Recent Insider Transactions • May 26
Executive Chairman recently bought HK$522k worth of stock On the 22nd of May, Wenzhong Ju bought around 300k shares on-market at roughly HK$1.74 per share. This transaction amounted to 2.7% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wenzhong has been a buyer over the last 12 months, purchasing a net total of HK$958k worth in shares. Upcoming Dividend • May 15
Upcoming dividend of HK$0.06 per share Eligible shareholders must have bought the stock before 22 May 2026. Payment date: 30 September 2026. Payout ratio is on the higher end at 93%, and the cash payout ratio is above 100%. Trailing yield: 6.0%. Lower than top quartile of Hong Kong dividend payers (6.7%). Higher than average of industry peers (4.9%). Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$2.37, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 9x in the Oil and Gas industry in Hong Kong. Total returns to shareholders of 509% over the past three years. New Risk • Apr 08
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 103% Cash payout ratio: 125% Dividend yield: 6.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Dividend is not well covered by earnings and cash flows. Payout ratio: 103% Cash payout ratio: 125% Minor Risk Profit margins are more than 30% lower than last year (17% net profit margin). Recent Insider Transactions • Mar 28
Executive Chairman recently bought HK$436k worth of stock On the 26th of March, Wenzhong Ju bought around 200k shares on-market at roughly HK$2.18 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wenzhong has been a buyer over the last 12 months, purchasing a net total of HK$986k worth in shares. Reported Earnings • Mar 26
Full year 2025 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2025 results: EPS: CN¥0.11 (down from CN¥0.25 in FY 2024). Revenue: CN¥5.29b (down 6.4% from FY 2024). Net income: CN¥895.8m (down 57% from FY 2024). Profit margin: 17% (down from 37% in FY 2024). The decrease in margin was primarily driven by higher expenses. Revenue exceeded analyst estimates by 2.6%. Earnings per share (EPS) missed analyst estimates by 34%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 1.6% growth forecast for the Oil and Gas industry in Hong Kong. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings. Declared Dividend • Mar 26
Dividend of HK$0.06 announced Shareholders will receive a dividend of HK$0.06. Ex-date: 22nd May 2026 Payment date: 30th September 2026 Dividend yield will be 5.0%, which is lower than the industry average of 9.0%. Sustainability & Growth The dividend has increased by an average of 30% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 87% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Duyuru • Mar 25
Kinetic Development Group Limited, Annual General Meeting, May 20, 2026 Kinetic Development Group Limited, Annual General Meeting, May 20, 2026. Duyuru • Mar 11
Kinetic Development Group Limited to Report Fiscal Year 2025 Results on Mar 24, 2026 Kinetic Development Group Limited announced that they will report fiscal year 2025 results on Mar 24, 2026 New Risk • Mar 08
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (28% net profit margin). Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to HK$2.26, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 11x in the Oil and Gas industry in Hong Kong. Total returns to shareholders of 500% over the past three years. Valuation Update With 7 Day Price Move • Jan 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to HK$1.57, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 9x in the Oil and Gas industry in Hong Kong. Total returns to shareholders of 323% over the past three years. Valuation Update With 7 Day Price Move • Nov 05
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to HK$1.64, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 10x in the Oil and Gas industry in Hong Kong. Total returns to shareholders of 365% over the past three years. Declared Dividend • Aug 30
Dividend of HK$0.05 announced Shareholders will receive a dividend of HK$0.05. Ex-date: 2nd September 2025 Payment date: 27th February 2026 Dividend yield will be 11%, which is higher than the industry average of 9.0%. Sustainability & Growth Dividend is covered by both earnings (47% earnings payout ratio) and cash flows (81% cash payout ratio). The dividend has increased by an average of 35% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 14% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Aug 23
First half 2025 earnings released: EPS: CN¥0.067 (vs CN¥0.13 in 1H 2024) First half 2025 results: EPS: CN¥0.067 (down from CN¥0.13 in 1H 2024). Revenue: CN¥2.51b (flat on 1H 2024). Net income: CN¥561.6m (down 49% from 1H 2024). Profit margin: 22% (down from 43% in 1H 2024). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. New Risk • Aug 21
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 28% Last year net profit margin: 45% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (28% net profit margin). Duyuru • Aug 09
Kinetic Development Group Limited to Report First Half, 2025 Results on Aug 20, 2025 Kinetic Development Group Limited announced that they will report first half, 2025 results on Aug 20, 2025 Duyuru • May 20
Kinetic Development Group Limited Approves Final Dividend for the Year Ended December 31, 2024 Kinetic Development Group Limited at its Annual General Meeting held on May 20, 2025, approved to declare a final dividend of HKD 0.045 per share for the year ended December 31, 2024. Upcoming Dividend • May 20
Upcoming dividend of HK$0.045 per share Eligible shareholders must have bought the stock before 27 May 2025. Payment date: 13 June 2025. Payout ratio is a comfortable 32% and the cash payout ratio is 82%. Trailing yield: 16%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (8.0%). Duyuru • Apr 18
Kinetic Development Group Limited Appoints Wang Lanlan as Joint Company Secretary with Effect from 17 April 2025 The board of directors of Kinetic Development Group Limited announced that Ms. Wang Lanlan (‘ Ms. Wang ‘) has been appointed as a joint company secretary with effect from 17 April 2025. Ms. Wang will work with Mr. Chong Yuk Fai (‘Mr. Chong’) as joint company secretaries. Ms. Wang, aged 43, joined the Group in March 2019 and is currently the chief financial officer and vice president of the Group, and is in charge of the Group's financial and treasury management, financing and tax planning, preparation of accounting and audit work, corporate governance and compliance, establishment of incentive plans, and participation in merger and acquisition activities of the Group. Ms. Wang is also the president and a director of Kinetic (Asia) Limited, a subsidiary of the Company. Ms. Wang has also been appointed as a non-executive director of MC Mining Limited, effective on 15 April 2025. The shares of MC Mining Limited are listed on the Australian Securities Exchange and the Johannesburg Stock Exchange. Ms. Wang accumulated over 10 years of experience in corporate finance, listing and asset appraisal. Prior to joining the Group, she served as a senior project manager at Jones Lang LaSalle (Beijing) Consultants Limited from April 2006 to June 2011, during which she participated in more than 30 listing and acquisition projects of enterprises based in the People's Republic of China and listed in Hong Kong. She served as an investor relations director of China New Material Technology Holdings Limited from July 2011 to December 2014; a vice president of Chuang Xin (China) Group Limited from August 2015 to September 2017; and a vice president of investor relations at China Binary New Fintech Group (a company previously listed on GEM of The Stock Exchange of Hong Kong Limited from December 2017 to March 2019. Ms. Wang obtained a master's degree in business administration from the Fudan University and The University of Hong Kong in 2016. The Company has appointed Ms. Wang as a joint company secretary together with Mr. Chong, in order to enhance internal control and compliance and facilitate more efficient internal communications. Recent Insider Transactions • Apr 11
Executive Chairman recently bought HK$550k worth of stock On the 7th of April, Wenzhong Ju bought around 500k shares on-market at roughly HK$1.10 per share. This transaction amounted to 4.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$590k. Wenzhong has been a buyer over the last 12 months, purchasing a net total of HK$4.1m worth in shares. Reported Earnings • Mar 26
Full year 2024 earnings released: EPS: CN¥0.25 (vs CN¥0.25 in FY 2023) Full year 2024 results: EPS: CN¥0.25 (up from CN¥0.25 in FY 2023). Revenue: CN¥5.66b (up 19% from FY 2023). Net income: CN¥2.11b (up 1.5% from FY 2023). Profit margin: 37% (down from 44% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Duyuru • Mar 25
Kinetic Development Group Limited, Annual General Meeting, May 20, 2025 Kinetic Development Group Limited, Annual General Meeting, May 20, 2025. Upcoming Dividend • Mar 24
Upcoming dividend of HK$0.035 per share Eligible shareholders must have bought the stock before 31 March 2025. Payment date: 15 April 2025. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 12%. Within top quartile of Hong Kong dividend payers (7.7%). Higher than average of industry peers (7.7%). New Risk • Mar 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Duyuru • Mar 13
Kinetic Development Group Limited to Report Fiscal Year 2024 Results on Mar 25, 2025 Kinetic Development Group Limited announced that they will report fiscal year 2024 results on Mar 25, 2025 Duyuru • Feb 06
Kinetic Development Group Limited Announces Change of Company Secretary The board of directors of Kinetic Development Group Limited announced that Ms. Cheng Lucy has tendered her resignation as the company secretary of the Company with effect from 6 February 2025. The Board announced that Mr. Chong Yuk Fai has been appointed as the Company Secretary with effect from 6 February 2025. Mr. Chong, aged 44, has over 15 years of experience in accounting, corporate finance and company secretarial functions. Prior to joining the Company, Mr. Chong worked at an international accounting firm providing assurance services and held positions at several listed companies in Hong Kong, where Mr. Chong was responsible for financial management and company secretarial functions. Mr. Chong holds a bachelor's degree in Accounting and Finance from The University of Hong Kong and is a member of the Hong Kong Institute of Certified Public Accountants. Recent Insider Transactions • Jan 15
Executive Chairman recently bought HK$590k worth of stock On the 13th of January, Wenzhong Ju bought around 500k shares on-market at roughly HK$1.18 per share. This transaction amounted to 5.1% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wenzhong has been a buyer over the last 12 months, purchasing a net total of HK$3.5m worth in shares. Duyuru • Jan 14
Kinetic Development Group Limited (SEHK:1277) acquired Seedlife Holding Limited from Seedland Smart Service Group Limited. Kinetic Development Group Limited (SEHK:1277) signed a letter of intent to acquire Seedlife Holding Limited from Seedland Smart Service Group Limited for CNY 423 million on June 6, 2024. A cash consideration of CNY 25 million will be paid by Kinetic Development Group Limited. Kinetic Development Group Limited (SEHK:1277) signed Share Purchase Agreement on September 6, 2024. Kinetic Development Group Limited (SEHK:1277) signed Share Purchase Supplemental Agreement on November 12, 2024.
The transaction is subject to approval of regulatory board, approval of shareholders and consummation of due diligence investigation. The consent of governmental authority have been duly obtained. As of January 3, 2025, shareholders of Kinetic Development approved the transaction.
Kinetic Development Group Limited (SEHK:1277) completed the acquisition of Seedlife Holding Limited from Seedland Smart Service Group Limited on January 13, 2025. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to HK$1.77, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 10x in the Oil and Gas industry in Hong Kong. Total returns to shareholders of 364% over the past three years. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to HK$1.46, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 8x in the Oil and Gas industry in Hong Kong. Total returns to shareholders of 294% over the past three years. Recent Insider Transactions • Sep 12
Executive Chairman recently bought HK$550k worth of stock On the 9th of September, Wenzhong Ju bought around 500k shares on-market at roughly HK$1.10 per share. This transaction amounted to 5.6% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$934k. Wenzhong has been a buyer over the last 12 months, purchasing a net total of HK$2.4m worth in shares. Recent Insider Transactions • Aug 28
Executive Chairman recently bought HK$590k worth of stock On the 27th of August, Wenzhong Ju bought around 500k shares on-market at roughly HK$1.18 per share. This transaction amounted to 6.8% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wenzhong has been a buyer over the last 12 months, purchasing a net total of HK$687k worth in shares. Upcoming Dividend • Aug 24
Upcoming dividend of HK$0.04 per share Eligible shareholders must have bought the stock before 30 August 2024. Payment date: 14 November 2024. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 7.0%. Lower than top quartile of Hong Kong dividend payers (8.3%). In line with average of industry peers (7.1%). Reported Earnings • Aug 23
First half 2024 earnings released: EPS: CN¥0.13 (vs CN¥0.068 in 1H 2023) First half 2024 results: EPS: CN¥0.13 (up from CN¥0.068 in 1H 2023). Revenue: CN¥2.53b (up 70% from 1H 2023). Net income: CN¥1.10b (up 92% from 1H 2023). Profit margin: 43% (up from 38% in 1H 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Aug 21
Kinetic Development Group Limited Declares Interim Dividend for the Six Months Ended 30 June 2024, Payable on 14 November 2024 Kinetic Development Group Limited declared interim dividend of HKD 0.04 per share in respect of the six months ended 30 June 2024. Ex-dividend date: 30 August 2024, Record date: 05 September 2024, Payment date: 14 November 2024. Upcoming Dividend • Aug 16
Upcoming dividend of HK$0.04 per share Eligible shareholders must have bought the stock before 23 August 2024. Payment date: 09 September 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 6.7%. Lower than top quartile of Hong Kong dividend payers (8.2%). In line with average of industry peers (7.1%). Duyuru • Aug 14
Kinetic Development Group Limited Announces Special Dividend, Payable on September 09, 2024 Kinetic Development Group Limited announced special dividend of HKD 0.04 per share. Ex-dividend date is August 23, 2024; Record date is August 29, 2024; Payment date is September 09, 2024. Duyuru • Aug 05
Kinetic Development Group Limited to Report First Half, 2024 Results on Aug 19, 2024 Kinetic Development Group Limited announced that they will report first half, 2024 results on Aug 19, 2024 Buy Or Sell Opportunity • Jul 25
Now 23% undervalued Over the last 90 days, the stock has risen 13% to HK$1.02. The fair value is estimated to be HK$1.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 16%. Buy Or Sell Opportunity • Jul 09
Now 20% undervalued Over the last 90 days, the stock has risen 25% to HK$1.05. The fair value is estimated to be HK$1.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 16%. Valuation Update With 7 Day Price Move • Jul 01
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to HK$1.13, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 7x in the Oil and Gas industry in Hong Kong. Total returns to shareholders of 252% over the past three years. Buy Or Sell Opportunity • May 31
Now 23% undervalued Over the last 90 days, the stock has risen 49% to HK$1.00. The fair value is estimated to be HK$1.29, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 10% over the last 3 years. Earnings per share has grown by 16%. Valuation Update With 7 Day Price Move • May 13
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to HK$1.15, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 7x in the Oil and Gas industry in Hong Kong. Total returns to shareholders of 299% over the past three years. Duyuru • May 08
Kinetic Development Group Limited Approves Final Dividend for the Year Ended 31 December 2023 Kinetic Development Group Limited at its annual general meeting held on 7 May 2024, approved to declare a final dividend of HKD 0.05 per share for the year ended 31 December 2023. Upcoming Dividend • May 03
Upcoming dividend of HK$0.05 per share Eligible shareholders must have bought the stock before 10 May 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 8.7%. Within top quartile of Hong Kong dividend payers (8.0%). Higher than average of industry peers (7.0%). Upcoming Dividend • Apr 16
Upcoming dividend of HK$0.03 per share Eligible shareholders must have bought the stock before 23 April 2024. Payment date: 07 May 2024. Payout ratio is a comfortable 29% and this is well supported by cash flows. Trailing yield: 8.4%. Within top quartile of Hong Kong dividend payers (8.2%). Higher than average of industry peers (6.9%). Reported Earnings • Mar 26
Full year 2023 earnings released: EPS: CN¥0.25 (vs CN¥0.32 in FY 2022) Full year 2023 results: EPS: CN¥0.25 (down from CN¥0.32 in FY 2022). Revenue: CN¥4.75b (down 23% from FY 2022). Net income: CN¥2.08b (down 22% from FY 2022). Profit margin: 44% (in line with FY 2022). Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 13% per year. Duyuru • Mar 09
Kinetic Development Group Limited to Report Fiscal Year 2023 Results on Mar 25, 2024 Kinetic Development Group Limited announced that they will report fiscal year 2023 results on Mar 25, 2024 Upcoming Dividend • Dec 14
Upcoming dividend of HK$0.04 per share at 18% yield Eligible shareholders must have bought the stock before 21 December 2023. Payment date: 08 January 2024. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 18%. Within top quartile of Hong Kong dividend payers (8.5%). Higher than average of industry peers (11%). Duyuru • Dec 08
Kinetic Development Group Limited Declares Special Dividend, Payable on or around 8 January 2024 The Board of Kinetic Development Group Limited announced that it has resolved the declaration and payment of the Special Dividend of HKD 0.04 per share of the Company, to be payable to the shareholders of the Company whose names appear on the Company's register of members at the close of business on 29 December 2023. It is expected that the Special Dividend will be paid in cash on or around 8 January 2024. For the purpose of determining the entitlement of the Special Dividend, the register of members of the Company will be closed from 27 December 2023 to 29 December 2023 (both days inclusive), during which period no transfer of shares of the Company will be registered. Recent Insider Transactions • Nov 22
CEO & Executive Director recently bought HK$94k worth of stock On the 20th of November, Bo Li bought around 200k shares on-market at roughly HK$0.47 per share. This transaction amounted to 8.3% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Bo has been a buyer over the last 12 months, purchasing a net total of HK$981k worth in shares. Upcoming Dividend • Oct 03
Upcoming dividend of HK$0.03 per share at 18% yield Eligible shareholders must have bought the stock before 09 October 2023. Payment date: 02 November 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 18%. Within top quartile of Hong Kong dividend payers (8.1%). Higher than average of industry peers (9.2%). Duyuru • Sep 09
Kinetic Development Group Limited Declares Interim Dividend for the Six Months Ended 30 June 2023, Payable on November 2, 2023 Kinetic Development Group Limited declared interim dividend of HKD 0.03 per share in respect of the six months ended 30 June 2023. The Company announced that the Interim Dividend will be payable to the holders of ordinary shares whose names appear on the register of members of the Company on 13 October 2023. The Company also announced that the payment date for interim dividend will be changed to November 2, 2023. Reported Earnings • Aug 26
First half 2023 earnings released: EPS: CN¥0.068 (vs CN¥0.16 in 1H 2022) First half 2023 results: EPS: CN¥0.068 (down from CN¥0.16 in 1H 2022). Revenue: CN¥1.49b (down 50% from 1H 2022). Net income: CN¥570.2m (down 58% from 1H 2022). Profit margin: 38% (down from 45% in 1H 2022). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 35% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 26
Kinetic Development Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2023, Payable on November 3, 2023 Kinetic Development Group Limited announced interim dividend of HKD 0.03 per share for the six months ended 30 June 2023. Payment date: November 3, 2023. Duyuru • Aug 16
Kinetic Development Group Limited to Report First Half, 2023 Results on Aug 25, 2023 Kinetic Development Group Limited announced that they will report first half, 2023 results on Aug 25, 2023 Recent Insider Transactions • Jul 22
CEO & Executive Director recently bought HK$88k worth of stock On the 18th of July, Bo Li bought around 200k shares on-market at roughly HK$0.44 per share. This transaction amounted to 11% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth HK$455k. Bo has been a buyer over the last 12 months, purchasing a net total of HK$1.0m worth in shares. Recent Insider Transactions • Jul 10
Executive Chairman recently bought HK$455k worth of stock On the 5th of July, Wenzhong Ju bought around 1m shares on-market at roughly HK$0.45 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Wenzhong has been a buyer over the last 12 months, purchasing a net total of HK$1.8m worth in shares. Duyuru • Jul 08
Kinetic Development Group Limited Updates on Final Dividend for the Year Ended 31 December 202, Payable on 25 July 2023 Kinetic Development Group Limited at its annual general meeting held on 22 May 2023 declared a final dividend of HKD 0.07 per share for the year ended 31 December 2022. Ex-dividend date 06 June 2023. Record date 12 June 2023. Payment date 25 July 2023. Duyuru • Jul 06
Kinetic Development Group Limited Provides Earnings Guidance for the Six Months Ended 30 June 2023 Kinetic Development Group Limited provided earnings guidance for the six months ended 30 June 2023. For the period, based on the preliminary review of the unaudited management accounts of the Group for the six months ended 30 June 2023, the net profit of the Group for the six months ended 30 June 2023 is expected to decrease by not less than 50% as compared to the six months ended 30 June 2022, which is mainly attributable to (i) a decrease in the coal production volume caused by slower mining progress, resulting from geological fault structure encountered in underground mining; and (ii) a decrease in the coal price resulting from the volatile coal market. Recent Insider Transactions • Jun 01
CEO & Executive Director recently bought HK$305k worth of stock On the 29th of May, Bo Li bought around 500k shares on-market at roughly HK$0.61 per share. This transaction amounted to 49% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Bo has been a buyer over the last 12 months, purchasing a net total of HK$930k worth in shares. Upcoming Dividend • May 30
Upcoming dividend of HK$0.07 per share at 22% yield Eligible shareholders must have bought the stock before 06 June 2023. Payment date: 31 July 2023. Payout ratio is a comfortable 36% and this is well supported by cash flows. Trailing yield: 22%. Within top quartile of Hong Kong dividend payers (7.8%). Higher than average of industry peers (9.7%). Duyuru • May 23
Kinetic Development Group Limited Declares Final Dividend for the Year Ended 31 December 2022 Kinetic Development Group Limited at its annual general meeting held on 22 May 2023 declared a final dividend of HKD 0.07 per share for the year ended 31 December 2022. Reported Earnings • Mar 31
Full year 2022 earnings released: EPS: CN¥0.32 (vs CN¥0.29 in FY 2021) Full year 2022 results: EPS: CN¥0.32 (up from CN¥0.29 in FY 2021). Revenue: CN¥6.16b (up 10% from FY 2021). Net income: CN¥2.66b (up 7.9% from FY 2021). Profit margin: 43% (in line with FY 2021). Over the last 3 years on average, earnings per share has increased by 51% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jan 09
CEO & Executive Director recently bought HK$86k worth of stock On the 3rd of January, Bo Li bought around 148k shares on-market at roughly HK$0.58 per share. This transaction amounted to 17% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth HK$205k. Bo has been a buyer over the last 12 months, purchasing a net total of HK$625k worth in shares. Recent Insider Transactions • Nov 30
Executive Chairman recently bought HK$174k worth of stock On the 28th of November, Wenzhong Ju bought around 300k shares on-market at roughly HK$0.58 per share. This transaction amounted to 5.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$337k. Wenzhong has been a buyer over the last 12 months, purchasing a net total of HK$2.7m worth in shares. Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director Liangnuan Chen was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Recent Insider Transactions • Nov 06
Executive Chairman recently bought HK$205k worth of stock On the 31st of October, Wenzhong Ju bought around 360k shares on-market at roughly HK$0.57 per share. This transaction amounted to 7.4% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$337k. Wenzhong has been a buyer over the last 12 months, purchasing a net total of HK$2.5m worth in shares. Upcoming Dividend • Oct 14
Upcoming dividend of HK$0.06 per share Eligible shareholders must have bought the stock before 21 October 2022. Payment date: 15 November 2022. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 18%. Within top quartile of Hong Kong dividend payers (9.2%). Higher than average of industry peers (12%). Recent Insider Transactions • Sep 30
CEO & Executive Director recently bought HK$228k worth of stock On the 27th of September, Bo Li bought around 350k shares on-market at roughly HK$0.65 per share. This transaction increased Bo's direct individual holding by 2x at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth HK$455k. Bo has been a buyer over the last 12 months, purchasing a net total of HK$427k worth in shares. Recent Insider Transactions • Sep 02
Executive Chairman recently bought HK$337k worth of stock On the 31st of August, Wenzhong Ju bought around 510k shares on-market at roughly HK$0.66 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth HK$896k. Wenzhong has been a buyer over the last 12 months, purchasing a net total of HK$2.1m worth in shares. Duyuru • Aug 31
Kinetic Development Group Limited Announces Interim Dividend for the Six Months Ended 30 June 2022, Payable on November 15, 2022 Kinetic Development Group Limited announced interim dividend of HKD 0.06 per share for the six months ended 30 June 2022. Ex-dividend date: 21 October 2022. Record date: 27 October 2022. Payment date: 15 November 2022. Duyuru • Aug 19
Kinetic Development Group Limited Proposes an Interim Dividend Payable on or Before 30 November 2022 Kinetic Development Group Limited announced that the Board of Directors proposed an interim dividend of HKD 6.0 cents per share payable to shareholders of the Company on or before 30 November 2022. The dates for closure of register of members of the Company for ascertaining shareholders' entitlement to receive the proposed interim dividend will be further announced. The total amount of the interim dividend to be distributed is estimated to be approximately RMB 432,555,000. Reported Earnings • Aug 19
First half 2022 earnings released: EPS: CN¥0.16 (vs CN¥0.11 in 1H 2021) First half 2022 results: EPS: CN¥0.16 (up from CN¥0.11 in 1H 2021). Revenue: CN¥3.01b (up 32% from 1H 2021). Net income: CN¥1.37b (up 48% from 1H 2021). Profit margin: 45% (up from 40% in 1H 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 16% per year, which means it is significantly lagging earnings growth. Recent Insider Transactions • Jul 20
Executive Chairman recently bought HK$455k worth of stock On the 14th of July, Wenzhong Ju bought around 772k shares on-market at roughly HK$0.59 per share. In the last 3 months, they made an even bigger purchase worth HK$896k. Wenzhong has been a buyer over the last 12 months, purchasing a net total of HK$2.2m worth in shares. Board Change • Jun 23
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director Liangnuan Chen was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Duyuru • Jun 23
Kinetic Development Group Limited Provides Earnings Guidance for the Six Months Ended 30 June 2022 Kinetic Development Group Limited provided earnings guidance for the six months ended 30 June 2022. For the period, based on the preliminary review of the unaudited management accounts of the Group for the five months ended 31 May 2022, the net profit of the Group for the six months ended 30 June 2022 is expected to increase by not less than 30% over the corresponding period in 2021, mainly attributable to a further increase in the demand for coal due to the global increase in gas prices and electricity demand, which resulted in an increase in the sale price of the Group's coal products as compared to the corresponding period last year. Recent Insider Transactions • Jun 23
VP & Executive Director recently bought HK$110k worth of stock On the 20th of June, Bo Li bought around 200k shares on-market at roughly HK$0.55 per share. In the last 3 months, there was an even bigger purchase from another insider worth HK$896k. Insiders have collectively bought HK$1.9m more in shares than they have sold in the last 12 months. Board Change • Jun 08
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Non Executive Director Liangnuan Chen was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Jun 08
CEO & Executive Director recently bought HK$896k worth of stock On the 6th of June, Wenzhong Ju bought around 1m shares on-market at roughly HK$0.64 per share. This was the largest purchase by an insider in the last 3 months. Wenzhong has been a buyer over the last 12 months, purchasing a net total of HK$1.8m worth in shares.