Kinergy Corporation Ltd. (3302) AI Stock Analysis

• Market Cap: HK$115.97M
• Dividend Yield: N/A
• Average Volume (3M): 286.80K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.41
• Revenue Growth: 7.26%
• EPS Growth: -146.91%
• Country: HK
• Employees: 797
• Sector: Industrials
• Sector Strength: 90
• Industry: Industrial - Machinery
• EPS (TTM): -0.04
• Shares Outstanding: 920,393,400
• 10 Day Avg. Volume: 471,000
• 30 Day Avg. Volume: 286,800
• PEG Ratio: -0.28
• Price to Book (P/B): 0.76
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -24.74
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 57 Neutral
• Price Target: HK$0.00 ▼(-100.00%Downside)

Kinergy Corporation Ltd. receives a moderate overall stock score. The primary concern is the company's weak financial performance, with declining revenues and profitability impacting the score significantly. Technical analysis provides some positive momentum, but the stock's valuation is undermined by a negative P/E ratio, indicating financial instability. Investors should be cautious, given the mix of technical strength against a backdrop of financial challenges.

Kinergy Corporation Ltd. Business Overview & Revenue Model

Company Description

Kinergy Corporation Ltd., together with its subsidiaries, provides contract manufacturing, design, engineering, and assembly services for the electronics industry in Singapore, the Philippines, the United States, the People's Republic of China, Japan, and internationally. It operates through three segments: Electronics Manufacturing Services (EMS), Original Design Manufacturing (ODM), and Investment. The EMS segment manufactures and sells sub-systems, such as work-holders, sliders, and magazine handlers; complete machines, including dicing machines, lapping machines, lifters, and polishing machines; and mechanical components for semiconductor processing equipment industry, as well as provides maintenance and commissioning services. The ODM segment designs, develops, manufactures, and sells automated equipment, such as auto frame loader, auto-buffing equipment, and strip laser markers; precision tools, such as encapsulation molds and dies; and spare parts. The Investment segment engages in provision of fund management services and investment activities in equity securities and funds. The company offers its products under the Kinergy brand. It is also involved in marketing and logistics business; and the procurement of materials. The company was formerly known as Kinergy Ltd and changed its name to Kinergy Corporation Ltd. in December 2013. Kinergy Corporation Ltd. was incorporated in 1988 and is headquartered in Singapore.

How the Company Makes Money

Kinergy Corporation Ltd. generates revenue primarily through the sale of its precision engineering products and solutions. The company designs and manufactures high-quality components tailored for the electronics, aerospace, and automotive sectors. Key revenue streams include direct sales to manufacturers and industrial clients who require specialized engineering solutions. Additionally, the company may engage in strategic partnerships and collaborations with other industry players to enhance its market presence and expand its customer base. Factors contributing to its earnings include the demand for advanced engineering solutions in its target industries and its ability to innovate and deliver high-quality products.

Kinergy Corporation Ltd. Financial Statement Overview

Summary

Kinergy Corporation Ltd. faces significant financial challenges with declining revenues and profitability. While leverage is manageable, declining equity and negative returns on equity are concerning. Cash flow management shows some improvement but remains insufficient.

Income Statement

Kinergy Corporation Ltd. has experienced declining revenue and profitability. The gross profit margin has decreased over time, and the company has reported negative EBIT and net income margins in the latest periods, indicating challenges in cost control and overall profitability. Revenue growth has been negative, reflecting shrinking business operations.

Balance Sheet

The company's debt-to-equity ratio remains manageable, suggesting relatively low financial risk from leverage. However, the declining equity ratio signifies a reduction in financial stability. The return on equity has turned negative, pointing to unprofitable operations impacting shareholder returns.

Cash Flow

Operating cash flow has shown improvement but remains insufficient to cover capital expenditures consistently, leading to fluctuating free cash flow. The free cash flow to net income ratio suggests cash flow generation challenges, though there's some improvement compared to previous periods.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	99.04M	92.49M	124.20M	168.32M	70.98M
Gross Profit	6.30M	7.00M	19.00M	28.22M	6.50M
EBITDA	-6.55M	4.06M	8.42M	15.01M	-604.00K
Net Income	-6.28M	-2.56M	7.28M	11.93M	-2.84M
Balance Sheet
Total Assets	157.61M	159.37M	168.91M	195.14M	125.14M
Cash, Cash Equivalents and Short-Term Investments	18.22M	18.71M	20.10M	41.71M	25.26M
Total Debt	24.94M	20.89M	21.25M	20.79M	7.00M
Total Liabilities	55.08M	49.82M	46.61M	66.84M	36.20M
Stockholders Equity	89.51M	94.62M	106.48M	113.42M	87.39M
Cash Flow
Free Cash Flow	672.00K	-3.19M	-3.26M	-5.01M	-9.16M
Operating Cash Flow	3.47M	1.15M	2.94M	-542.00K	-5.77M
Investing Cash Flow	-2.71M	2.88M	-12.32M	-2.29M	-9.28M
Financing Cash Flow	-1.15M	-5.39M	-9.47M	18.56M	4.64M

Kinergy Corporation Ltd. Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 0.13
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For HK:3302, the sentiment is Positive. The current price of 0.13 is above the 20-day moving average (MA) of 0.13, above the 50-day MA of 0.12, and above the 200-day MA of 0.12, indicating a bullish trend. The MACD of <0.01 indicates Positive momentum. The RSI at 50.93 is Neutral, neither overbought nor oversold. The STOCH value of 13.18 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for HK:3302.

Kinergy Corporation Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
1289	72 Outperform	HK$288.00M	5.36	7.16%	3.89%	64.05%	67.30%
Sector *	58 Neutral	HK$14.11B	4.63	-3.01%	6.76%	3.67%	-54.16%
3302	57 Neutral	HK$115.97M	―	-6.89%	―	7.26%	-146.91%
1536	41 Neutral	HK$41.95M	―	-10.53%	―	36.78%	29.00%
1645	40 Underperform	HK$575.26M	―	-13.40%	―	4.25%	-4.86%
0365	39 Underperform	HK$371.02M	―	-12.18%	―	16.64%	44.88%
1673	39 Underperform	HK$359.13M	―	-1.94%	―	-14.00%	87.71%

Kinergy Corporation Ltd. Corporate Events

Kinergy Corporation Ltd. Establishes Nomination Committee to Enhance Governance

Kinergy Corporation Ltd. has established a Nomination Committee as part of its governance structure. The committee is composed of a majority of independent non-executive directors and is responsible for overseeing nominations within the company. The committee’s operations include setting terms of appointment, meeting protocols, and ensuring gender diversity among its members. This move is likely aimed at strengthening the company’s governance and ensuring a diverse and independent oversight in its nomination processes.

Kinergy Corporation Ltd. Grants 9.12 Million Share Options

Kinergy Corporation Ltd. has announced the grant of 9,120,000 share options to eligible participants as part of its Share Option Scheme. This move aims to incentivize and reward contributions to the company, with the options exercisable over a five-year period, contingent on meeting specific performance targets.