Kingboard Laminates Holdings (1888) AI Stock Analysis

• Market Cap: HK$37.71B
• Dividend Yield: 5.22%
• Average Volume (3M): 15.71M
• Price to Earnings (P/E): 24.5
• Beta (1Y): 1.06
• Revenue Growth: 12.80%
• EPS Growth: 26.26%
• Country: HK
• Employees: 9,900
• Sector: Technology
• Sector Strength: 88
• Industry: Hardware, Equipment & Parts
• EPS (TTM): N/A
• Shares Outstanding: 3,134,575,000
• 10 Day Avg. Volume: 12,062,802
• 30 Day Avg. Volume: 15,706,715
• PEG Ratio: 0.35
• Price to Book (P/B): 1.47
• Price to Sales (P/S): 1.21
• P/FCF Ratio: 11.63
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: HK$19.83
• Price Target Upside: ― Downside
• Rating Consensus: Strong Buy
• Number of Analyst Covering: 3
• EPS Forecast (FY): 5.6
• Revenue Forecast (FY): HK$169.98B

No summary available

Kingboard Laminates Holdings Business Overview & Revenue Model

Company Description

Kingboard Laminates Holdings Limited (1888) is a leading manufacturer of laminates and printed circuit boards (PCBs) based in Hong Kong. The company operates primarily in the electronics and construction sectors, producing a variety of high-quality laminate materials, including decorative and industrial laminates, as well as copper-clad laminates for the electronics industry. With a commitment to innovation and sustainability, Kingboard Laminates also engages in the development of new materials and technologies to meet the evolving needs of its global customer base.

How the Company Makes Money

Kingboard Laminates generates revenue primarily through the sale of its laminate products and PCBs to various industries, including electronics, construction, and furniture manufacturing. The company's revenue model is supported by a diverse range of key revenue streams, including direct sales to original equipment manufacturers (OEMs), distributors, and retailers. Additionally, Kingboard Laminates benefits from long-term partnerships with major clients in the electronics sector, which provide a steady demand for its high-quality products. The company's focus on research and development allows it to introduce innovative products that meet market demands, thereby enhancing its competitive edge and contributing to its earnings.

Kingboard Laminates Holdings Financial Statement Overview

Summary

Kingboard Laminates Holdings shows a robust financial performance with strong revenue growth and improved margins. The balance sheet is solid with low leverage, and cash flow generation is excellent, providing a strong foundation for future growth. However, there is room for improvement in net profitability to enhance overall financial health.

Income Statement

Kingboard Laminates Holdings has demonstrated a solid revenue growth rate of 7.31% in 2024, recovering from previous declines. The gross profit margin improved to 17.68%, indicating better cost management. However, the net profit margin remains relatively low at 7.15%, suggesting room for improvement in profitability. The EBIT and EBITDA margins are stable, reflecting consistent operational efficiency.

Balance Sheet

The company's debt-to-equity ratio has improved to 0.21, indicating a strong balance sheet with manageable leverage. Return on equity is moderate at 8.64%, showing decent profitability relative to shareholder equity. The equity ratio is healthy, suggesting a stable financial position with a good proportion of assets financed by equity.

Cash Flow

Free cash flow growth is impressive at 89.03%, highlighting strong cash generation capabilities. The operating cash flow to net income ratio is 0.47, indicating efficient cash conversion. The free cash flow to net income ratio of 0.71 suggests that a significant portion of earnings is being converted into free cash flow, supporting future growth and debt repayment.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	19.49B	18.54B	16.75B	22.36B	28.80B	17.30B
Gross Profit	3.34B	3.28B	2.68B	5.09B	9.80B	4.71B
EBITDA	2.99B	2.94B	2.37B	4.29B	9.20B	4.33B
Net Income	1.53B	1.33B	907.40M	1.91B	6.78B	2.80B
Balance Sheet
Total Assets	24.93B	23.11B	23.56B	24.30B	29.82B	26.38B
Cash, Cash Equivalents and Short-Term Investments	3.22B	3.46B	3.71B	3.87B	3.32B	5.84B
Total Debt	4.47B	3.28B	4.45B	4.40B	2.72B	1.16B
Total Liabilities	9.96B	7.74B	8.59B	9.23B	10.76B	11.99B
Stockholders Equity	14.94B	15.34B	14.95B	15.05B	19.04B	14.33B
Cash Flow
Free Cash Flow	1.30B	1.93B	197.12M	3.37B	3.94B	2.18B
Operating Cash Flow	2.08B	2.71B	823.72M	5.53B	6.03B	2.91B
Investing Cash Flow	-1.57B	-809.93M	-739.33M	-2.33B	-2.32B	3.30B
Financing Cash Flow	-1.76B	-1.93B	-1.32B	-3.14B	-6.34B	-3.71B

Kingboard Laminates Holdings Technical Analysis

• Last Price: ―

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:1888, the sentiment is undefined. The current price of undefined is equal to the 20-day moving average (MA) of ―, equal to the 50-day MA of ―, and equal to the 200-day MA of ―, indicating a neutral trend. The MACD of ― indicates undefined momentum. The RSI at ― is undefined, neither overbought nor oversold. The STOCH value of ― is undefined, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a undefined sentiment for HK:1888.

Kingboard Laminates Holdings Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
0259	74 Outperform	HK$3.34B	0.85	108.05%	40.04%	12.26%	2497.49%
0710	70 Outperform	$3.87B	9.66	8.91%	3.37%	19.25%	-10.14%
0580	67 Neutral	HK$3.32B	18.72	8.36%	0.99%	46.98%	130.04%
0732	64 Neutral	HK$3.18B	12.30	2.87%	9.52%	2.59%	0.23%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
1478	51 Neutral	HK$11.24B	22.02	9.13%	2.77%	17.21%	166.36%

Kingboard Laminates Holdings Corporate Events

Kingboard Laminates Declares Interim Dividend for 2025

Kingboard Laminates Holdings Limited has announced an interim ordinary dividend of HKD 0.15 per share for the six months ending June 30, 2025. This announcement reflects the company’s ongoing commitment to returning value to shareholders, with the ex-dividend date set for December 12, 2025, and payment scheduled for January 6, 2026.

The most recent analyst rating on (HK:1888) stock is a Buy with a HK$14.00 price target. To see the full list of analyst forecasts on Kingboard Laminates Holdings stock, see the HK:1888 Stock Forecast page.

Kingboard Laminates Sees Robust Growth in H1 2025

Kingboard Laminates Holdings Limited reported strong financial performance for the first half of 2025, with a notable 11% increase in revenue to HK$9,588 million compared to the same period in 2024. The company’s net profit attributable to owners rose by 28% to HK$933.3 million, reflecting improved operational efficiency and market demand. The interim dividend per share also increased by 25%, indicating a positive outlook for shareholders.

The most recent analyst rating on (HK:1888) stock is a Buy with a HK$14.00 price target. To see the full list of analyst forecasts on Kingboard Laminates Holdings stock, see the HK:1888 Stock Forecast page.