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Kingboard Holdings Limited

Kingboard Holdings Limited

0148.HK
Kingboard Holdings LimitedHK flagHong Kong Stock Exchange
73.50
HKD
-4.00
- -
82.45BMarket Cap
Kingboard Holdings Limited
0148.HK
(Hong Kong Stock Exchange)

Recent

price

73.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
FRC
33.37
35.69
36.36
34.79
35.01
31.97
34.85
41.58
43.09
37.91
39.38
51.23
44.53
35.83
38.88
40.94
Revenue per Share
3.56
2.53
2.04
2.89
2.47
1.61
4.89
5.36
5.69
2.85
4.26
9.73
3.3
1.86
1.47
3.97
Basic EPS, GAAP
1.08
-1.53
0.7
-1.43
0.2
1.48
10.18
-2.08
0.67
4.14
7.09
5.04
4.77
1.06
1.39
0.74
Free Cash Flow per Basic Share
0.79
0.83
0.29
0.65
0.4
0.5
0.6
1.61
2.12
0.98
1.1
2.28
3
1.05
0.98
1.37
Dividend per Share
0.08
18.77
21.07
0.1
25.38
26.46
30.62
33.76
36.15
37.17
0.1
0.1
45.27
45.33
45.95
48.09
Book Value per Share
28.84
30.95
33.02
37.61
38.69
38.08
40.52
49.31
48.85
50.88
52.56
59.55
55.9
55.69
55.98
60.58
Tangible Book Value per Share
1,016
1,024
1,026
1,026
1,026
1,026
1,028
1,043
1,067
1,086
1,105
1,108
1,109
1,108
1,108
1,108
Basic Weighted Avg Shares
33,892
36,559
37,290
35,683
35,906
32,788
35,830
43,371
45,994
41,161
43,510
56,755
49,376
39,712
43,093
45,375
Sales/Revenue/Turnover
14.7
8.79
6.99
6.09
5.46
6.37
12.37
16.76
15.62
13.89
21.04
26.74
17.63
10.44
11.9
9.35
Operating Margin (%)
2,059
2,135
2,200
2,275
2,321
2,216
1,955
1,758
1,968
1,929
1,690
1,946
1,891
1,989
1,994
2,382
Depreciation Expense
3,621
2,594
2,097
2,961
2,537
1,650
5,027
5,593
6,076
3,094
4,703
10,778
3,655
2,063
1,630
4,402
Net Income, GAAP
9.99
13.79
14.35
15.6
19.71
22.57
14.86
18.3
22.49
26.43
26.56
19.4
38.2
15.91
22.73
10.48
Effective Tax Rate (%)
10.68
7.1
5.62
8.3
7.07
5.03
14.03
12.9
13.21
7.52
10.81
18.99
7.4
5.19
3.78
9.7
Profit Margin (%)
11,274
12,348
16,166
21,101
16,934
20,191
12,176
25,184
25,502
22,757
22,426
23,419
28,109
25,253
19,990
19,541
Working Capital
7,086
11,451
12,025
16,507
12,251
14,469
9,015
13,798
20,259
16,557
8,629
7,674
14,483
14,779
12,748
10,691
LT Debt
31,582
33,994
36,149
40,860
41,973
41,341
43,953
53,724
54,633
57,970
60,799
68,683
64,696
64,435
64,739
69,839
Total Equity
10.87
5.67
4.14
3.05
2.42
2.53
6.01
8.7
7.07
5.03
8.22
14.45
6.13
3.99
4.49
4.17
Return on Invested Capital (%)
27.08
7.45
4.5
8.06
6.15
3.12
7.79
7.9
8.18
4.07
8.25
39.69
6.95
3.58
2.6
5.56
Return on Capital (%)
4,274.27
26.87
10.27
27.27
19.42
6.21
17.15
16.77
16.47
7.84
23.24
9,733.7
14.53
4.11
3.22
8.45
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Working Capital

FRC

•

in mil. unless spec.
No data availableFinancial data will appear here once available

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.63%
3.02%
7.88%
Free Cash Flow
81.12%
-25.49%
-46.63%
Net Income, GAAP
39.59%
33.71%
169.98%
Sales/Revenue/Turnover
4.32%
2.33%
5.29%
Total Cash Common Dividend
29.62%
21.51%
40.01%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
39,712
2024
- -
- -
- -
- -
43,093
2025
- -
- -
- -
- -
45,375

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.86
2024
- -
- -
- -
- -
1.47
2025
- -
- -
- -
- -
3.97

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.05
2024
- -
- -
- -
- -
0.98
2025
- -
- -
- -
- -
1.37
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Business
Kingboard Holdings Limited is an investment holding company principally engaged in the manufacture and sale of laminates, printed circuit boards, chemicals, magnetic products, and related materials; it also develops and rents properties, invests in financial instruments, and operates hotel businesses. The company operates through six segments, including laminates (producing copper-clad laminates, fiberglass fabrics, and yarns), printed circuit boards (single-sided, double-sided, and multi-layer PCBs), and chemicals (methanol, glacial acetic acid, MTBE, phenol, bisphenol A, PVC, liquefied chlorine, sodium sulfate, hydrogen peroxide, benzene, propylene, LPG, acetone, caustic soda, hydrochloric acid, chlorinated wax-52, formalin, and tetrabromobisphenol); its properties segment focuses on development and rental, while investments cover debt and equity instruments, and others include magnetic products and hotels. Kingboard Holdings serves consumer electronics, automotive, telecommunications, data centers, AI applications, photovoltaic panels, and air conditioning markets, with primary manufacturing facilities in China and Thailand, supplemented by operations in the rest of Asia, Europe, and the United States. Founded in 1988 and headquartered at Delta House in Sha Tin, Hong Kong, the company, formerly Kingboard Chemical Holdings Limited until its name change in July 2018, maintains over 60 plants and employs around 34,000 people as the world's largest laminates producer and China's top PCB manufacturer. Recent developments include robust 2024 performance with year-on-year revenue and profit growth in laminates and PCBs driven by AI and automotive demand, the commissioning of new phenol-acetone and bisphenol A capacity in Daya Bay adding to chemicals revenue, Thailand laminates expansion to 1 million sheets monthly capacity with plans for 1.8 million, a new Lianzhou copper foil phase operational in early 2025, an HK$8 billion sustainability-linked syndicated loan in June 2025, and a 71% interim net profit increase to HK$2.582 billion for the six months ended June 30, 2025, supported by 6% revenue growth to HK$21.6 billion.