Financials Kingboard Laminates Holdings Limited

Equities

1888

KYG5257K1076

Electronic Equipment & Parts

Market Closed - Hong Kong S.E. 09:08:20 26/04/2024 BST 5-day change 1st Jan Change
5.92 HKD +6.47% Intraday chart for Kingboard Laminates Holdings Limited +4.96% -11.90%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 29,762 39,499 41,371 26,770 20,966 18,470 - -
Enterprise Value (EV) 1 29,800 39,499 41,212 26,770 20,966 18,470 18,470 18,470
P/E ratio 12.4 x 14 x 6.1 x 14 x 23.1 x 11.2 x 7.45 x 6.33 x
Yield 4.14% 3.55% 11.3% 4.08% 2.38% 4.56% 6.59% 8.11%
Capitalization / Revenue 1.62 x 2.28 x 1.44 x 1.2 x 1.25 x 0.97 x 0.87 x 0.8 x
EV / Revenue 1.62 x 2.28 x 1.44 x 1.2 x 1.25 x 0.97 x 0.87 x 0.8 x
EV / EBITDA 7.18 x - 4.5 x 6.11 x 8.56 x 5.69 x 4.27 x 3.73 x
EV / FCF 18,543,635 x - - - - - - -
FCF Yield 0% - - - - - - -
Price to Book 1.59 x - 2.17 x - 1.4 x 1.2 x 1.15 x 1.08 x
Nbr of stocks (in thousands) 3,081,000 3,120,000 3,120,000 3,120,000 3,120,000 3,120,000 - -
Reference price 2 9.660 12.66 13.26 8.580 6.720 5.920 5.920 5.920
Announcement Date 23/03/20 22/03/21 18/03/22 27/03/23 18/03/24 - - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 18,384 17,301 28,800 22,364 16,750 18,977 21,211 23,134
EBITDA 1 4,143 - 9,200 4,379 2,450 3,249 4,322 4,958
EBIT 1 3,433 3,601 8,468 3,597 1,564 2,347 3,399 4,003
Operating Margin 18.67% 20.81% 29.4% 16.08% 9.34% 12.37% 16.02% 17.31%
Earnings before Tax (EBT) 1 3,317 3,663 8,387 3,358 1,193 2,092 3,164 3,774
Net income 1 2,402 2,803 6,782 1,909 907.4 1,656 2,480 2,916
Net margin 13.07% 16.2% 23.55% 8.54% 5.42% 8.73% 11.69% 12.6%
EPS 2 0.7800 0.9060 2.174 0.6120 0.2910 0.5305 0.7950 0.9355
Free Cash Flow 1,605 - - - - - - -
FCF margin 8.73% - - - - - - -
FCF Conversion (EBITDA) 38.74% - - - - - - -
FCF Conversion (Net income) 66.81% - - - - - - -
Dividend per Share 2 0.4000 0.4500 1.500 0.3500 0.1600 0.2700 0.3900 0.4800
Announcement Date 23/03/20 22/03/21 18/03/22 27/03/23 18/03/24 - - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 S1 2023 S1
Net sales - -
EBITDA - -
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income 1 3,357 422.2
Net margin - -
EPS 2 - 0.1350
Dividend per Share - -
Announcement Date 15/09/21 28/08/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 37.1 - - - - - - -
Net Cash position - - 159 - - - - -
Leverage (Debt/EBITDA) 0.008967 x - - - - - - -
Free Cash Flow 1,605 - - - - - - -
ROE (net income / shareholders' equity) 13.3% - 40.6% 18.6% 6.05% 10.4% 14.5% 16.1%
ROA (Net income/ Total Assets) 8.81% - 24.1% - 3.79% 6.45% 8.95% 9.7%
Assets 1 27,261 - 28,099 - 23,931 25,674 27,704 30,057
Book Value Per Share 2 6.070 - 6.100 - 4.790 4.950 5.140 5.500
Cash Flow per Share - - 2.050 - - - - -
Capex 1 1,052 - 1,228 - - 573 553 413
Capex / Sales 5.72% - 4.26% - - 3.02% 2.61% 1.79%
Announcement Date 23/03/20 22/03/21 18/03/22 27/03/23 18/03/24 - - -
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
5.92 HKD
Average target price
7.333 HKD
Spread / Average Target
+23.87%
Consensus

Annual profits - Rate of surprise

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