Kong Sun Holdings Ltd Net Income jumped on 155%
24/03/2017 • About Kong Sun Holdings Ltd (
$295) • By InTwits
Kong Sun Holdings Ltd reported FY2016 financial results today. Below you can find a comprehensive analysis of the key data driving the company's performance and stock price.
Kong Sun Holdings Ltd ($295) key annual financial indicators
| mln. CNY | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 7 | 7 | 524 | 1,736 | 560 | -67.7% |
| Gross Profit | 1 | 1 | 49 | 191 | | -100.0% |
| SG&A | 17 | 11 | 40 | 191 | | -100.0% |
| EBITDA | -19 | -6 | 17 | 94 | | -100.0% |
| Net Income | -9 | -6 | 12 | -99 | 55 | |
Balance Sheet
|
|---|
| Cash | 85 | 87 | 1,008 | 1,338 | | -100.0% |
| Short Term Debt | 7 | 8 | 199 | 1,029 | | -100.0% |
| Long Term Debt | 0 | 1 | 424 | 3,519 | | -100.0% |
Cash flow
|
|---|
| Capex | 21 | 2 | 199 | 532 | | -100.0% |
Ratios
|
|---|
| Revenue growth | -88.3% | 5.1% | 7,067.0% | 231.2% | -67.7% | |
| EBITDA growth | 38.4% | -70.1% | -396.4% | 463.8% | | |
| Gross Margin | 16.7% | 20.5% | 9.4% | 11.0% | | -11.0% |
| EBITDA Margin | -271.6% | -77.2% | 3.2% | 5.4% | 0.0% | -5.4% |
| Net Income Margin | -127.3% | -84.4% | 2.2% | -5.7% | 9.8% | 15.5% |
| SG&A, % of revenue | 239.0% | 154.7% | 7.7% | 11.0% | | -11.0% |
| CAPEX, % of revenue | 297.6% | 27.1% | 37.9% | 30.6% | | -30.6% |
| ROIC | -11.3% | -4.1% | 0.8% | 0.1% | | -0.1% |
| ROE | -4.6% | -2.8% | 1.0% | -3.6% | | 3.6% |
| Net Debt/EBITDA | | | -23.0x | 34.0x | | -34.0x |
Revenue and profitability
Kong Sun Holdings Ltd's Revenue dropped on 67.7%.
Net Income marign jumped on 15.5 pp from -5.7% to 9.8% in FY2016.
Appendix 1: Peers in Holding Companies-Divers
Below we provide Kong Sun Holdings Ltd benchmarking against other companies in Holding Companies-Divers industry for the last 5 years. We show data for the top-5 companies by key financial metric together with the median value for all the companies in the industry.
Top companies by Revenue growth, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Beijing Development HK Ltd ($154) | 12.5% | | | 1,048.9% | |
| CIAM Group Ltd ($378) | -62.2% | 47.9% | -40.0% | 211.5% | |
| Melco International Development Ltd ($200) | 16.5% | 21.7% | 3.0% | 134.9% | |
| New Century Group Hong Kong Ltd ($234) | | 326.7% | -70.3% | 118.2% | -78.2% |
| Greater China Holdings Ltd ($431) | | -72.1% | 67.3% | 110.3% | -35.2% |
| |
|---|
| Median (45 companies) | 10.2% | 4.9% | 12.6% | 6.1% | -0.4% |
|---|
| Kong Sun Holdings Ltd ($295) | | 5.1% | 7,067.0% | 231.2% | -67.7% |
Top companies by Gross margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| New Century Group Hong Kong Ltd ($234) | 27.3% | 85.2% | 82.8% | 91.5% | 43.4% |
| Melco International Development Ltd ($200) | 63.1% | 52.9% | 54.5% | 79.4% | |
| CIAM Group Ltd ($378) | | | | 75.8% | |
| Emperor International Holdings Ltd ($163) | 71.3% | 64.9% | 79.2% | 75.3% | 55.3% |
| Heng Fai Enterprises Ltd ($185) | 89.0% | 89.5% | 58.3% | 74.7% | |
| |
|---|
| Median (39 companies) | 33.4% | 36.0% | 34.4% | 37.5% | 35.3% |
|---|
| Kong Sun Holdings Ltd ($295) | 16.7% | 20.5% | 9.4% | 11.0% | |
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| New Century Group Hong Kong Ltd ($234) | -5.5% | 78.8% | 58.3% | 85.0% | 33.8% |
| Emperor International Holdings Ltd ($163) | 180.7% | 131.8% | 100.6% | 73.9% | -20.1% |
| Pioneer Global Group Ltd ($224) | -0.5% | -9.9% | -11.6% | 64.3% | 66.8% |
| C C Land Holdings Ltd ($1224) | 27.0% | 23.6% | 24.6% | 55.7% | |
| China Merchants Holdings International Co Ltd ($144) | 56.4% | 50.8% | 45.2% | 55.7% | |
| |
|---|
| Median (45 companies) | 3.3% | 3.8% | 9.3% | 6.8% | 9.1% |
|---|
| Kong Sun Holdings Ltd ($295) | -271.6% | -77.2% | 3.2% | 5.4% | |
Top companies by CAPEX/Revenue, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Heng Fai Enterprises Ltd ($185) | 4.8% | 77.1% | 310.0% | 458.1% | |
| Chinney Investments Ltd ($216) | 17.5% | 103.4% | 111.3% | 230.9% | 26.6% |
| China Investments Holdings Ltd ($132) | 4.8% | 81.9% | 382.2% | 222.5% | |
| Goldin Properties Holdings Ltd ($283) | 2,178.4% | 1,190.0% | 50.1% | 202.4% | 128.8% |
| Carnival Group International Holdings Ltd ($996) | | 137.9% | 61.0% | 133.3% | |
| |
|---|
| Median (45 companies) | 2.5% | 3.6% | 5.4% | 6.0% | 9.0% |
|---|
| Kong Sun Holdings Ltd ($295) | 297.6% | 27.1% | 37.9% | 30.6% | |
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Fulum Group Holdings Ltd ($1443) | | 116.3% | 55.5% | 29.8% | 12.9% |
| C C Land Holdings Ltd ($1224) | 7.4% | 5.3% | 7.9% | 15.0% | |
| Chinney Alliance Group Ltd ($385) | 6.4% | 8.1% | 13.6% | 15.0% | |
| Niraku GC Holdings Inc ($1245) | | 19.0% | 18.8% | 13.1% | 2.7% |
| Top Spring International Holdings Ltd ($3688) | 15.6% | 6.9% | 7.3% | 8.0% | |
| |
|---|
| Median (45 companies) | 0.1% | 0.6% | 1.2% | 0.3% | 2.1% |
|---|
| Kong Sun Holdings Ltd ($295) | -11.3% | -4.1% | 0.8% | 0.1% | |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Chinney Investments Ltd ($216) | 10.3x | 63.7x | 48.6x | 93.7x | 13.5x |
| Carnival Group International Holdings Ltd ($996) | | | 23.7x | 92.3x | |
| Multifield International Holdings Ltd ($898) | 3.2x | 7.3x | 3.0x | 55.9x | |
| CIAM Group Ltd ($378) | | | | 32.6x | |
| Chuang's Consortium International Ltd ($367) | 0.7x | 5.0x | | 23.9x | 8.7x |
| |
|---|
| Median (26 companies) | 2.4x | 2.7x | 2.9x | 2.4x | 2.8x |
|---|
| Kong Sun Holdings Ltd ($295) | | | -23.0x | 34.0x | |
