Kingfa Science & Technology (India) Ltd
Kingfa Science & Technology (India) Limited, a subsidiary company of M/s Kingfa Science & Technology Co. Ltd China, is engaged in the business of manufacturing and supply of high-quality modified plastic compounds for automotive and consumer products and personal protective equipments like masks and gloves. [1]
- Market Cap ₹ 2,814 Cr.
- Current Price ₹ 2,323
- High / Low ₹ 2,595 / 1,020
- Stock P/E 24.7
- Book Value ₹ 385
- Dividend Yield 0.00 %
- ROCE 24.7 %
- ROE 19.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 27.0% CAGR over last 5 years
- Company's median sales growth is 23.0% of last 10 years
Cons
- Stock is trading at 6.04 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 11.7% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: Plastic products Industry: Plastics Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
150 | 157 | 178 | 219 | 314 | 427 | 602 | 702 | 742 | 627 | 1,048 | 1,404 | 1,396 | |
141 | 155 | 181 | 212 | 288 | 408 | 560 | 666 | 698 | 607 | 966 | 1,276 | 1,227 | |
Operating Profit | 9 | 2 | -3 | 6 | 27 | 19 | 41 | 35 | 43 | 20 | 82 | 128 | 169 |
OPM % | 6% | 1% | -2% | 3% | 8% | 5% | 7% | 5% | 6% | 3% | 8% | 9% | 12% |
-0 | 1 | 0 | 0 | 1 | 4 | 6 | 4 | 3 | 6 | -22 | 2 | 5 | |
Interest | 7 | 7 | 7 | 8 | 7 | 2 | 2 | 2 | 4 | 3 | 5 | 7 | 6 |
Depreciation | 3 | 3 | 3 | 3 | 3 | 3 | 6 | 8 | 9 | 11 | 13 | 14 | 14 |
Profit before tax | -0 | -7 | -12 | -5 | 17 | 18 | 39 | 29 | 33 | 12 | 41 | 110 | 153 |
Tax % | 123% | 29% | 31% | 35% | 38% | 30% | 36% | 35% | 26% | 55% | 26% | 26% | |
0 | -5 | -8 | -3 | 11 | 12 | 25 | 19 | 25 | 5 | 31 | 81 | 114 | |
EPS in Rs | 0.02 | -4.14 | -6.95 | -2.49 | 8.93 | 10.24 | 20.35 | 15.74 | 20.33 | 4.39 | 25.29 | 67.22 | 94.11 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 25% |
5 Years: | 18% |
3 Years: | 24% |
TTM: | 19% |
Compounded Profit Growth | |
---|---|
10 Years: | 32% |
5 Years: | 27% |
3 Years: | 49% |
TTM: | 336% |
Stock Price CAGR | |
---|---|
10 Years: | 54% |
5 Years: | 32% |
3 Years: | 67% |
1 Year: | 106% |
Return on Equity | |
---|---|
10 Years: | 9% |
5 Years: | 10% |
3 Years: | 12% |
Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
6 | 6 | 6 | 6 | 10 | 10 | 12 | 12 | 12 | 12 | 12 | 12 | |
Reserves | 19 | 13 | 5 | 2 | 109 | 234 | 293 | 312 | 336 | 342 | 372 | 454 |
43 | 34 | 62 | 75 | 16 | 42 | 21 | 17 | 46 | 71 | 46 | 42 | |
21 | 31 | 31 | 41 | 95 | 119 | 159 | 210 | 202 | 246 | 449 | 502 | |
Total Liabilities | 88 | 85 | 105 | 125 | 230 | 405 | 485 | 551 | 596 | 671 | 880 | 1,010 |
29 | 26 | 24 | 25 | 29 | 76 | 88 | 85 | 107 | 129 | 126 | 123 | |
CWIP | 0 | 0 | 0 | 1 | 41 | 10 | 2 | 79 | 115 | 123 | 127 | 131 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
58 | 58 | 81 | 99 | 160 | 319 | 395 | 388 | 375 | 419 | 627 | 756 | |
Total Assets | 88 | 85 | 105 | 125 | 230 | 405 | 485 | 551 | 596 | 671 | 880 | 1,010 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 9 | -24 | -1 | 19 | -119 | -116 | 96 | 30 | -2 | 38 | 27 | |
-1 | 2 | -1 | -4 | -47 | -18 | -6 | -77 | -63 | -14 | -19 | -12 | |
-7 | -11 | 25 | 5 | 34 | 137 | 14 | -7 | 22 | 17 | -14 | -21 | |
Net Cash Flow | 0 | 0 | 0 | 0 | 6 | -1 | -108 | 12 | -11 | 1 | 5 | -6 |
Ratios
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 84 | 78 | 97 | 93 | 99 | 111 | 110 | 109 | 97 | 123 | 99 | 93 |
Inventory Days | 54 | 52 | 54 | 64 | 85 | 69 | 85 | 63 | 67 | 100 | 110 | 94 |
Days Payable | 44 | 68 | 66 | 72 | 127 | 108 | 108 | 119 | 115 | 152 | 181 | 155 |
Cash Conversion Cycle | 95 | 62 | 85 | 85 | 57 | 72 | 86 | 53 | 49 | 71 | 28 | 32 |
Working Capital Days | 86 | 57 | 90 | 87 | 66 | 82 | 99 | 59 | 69 | 82 | 48 | 56 |
ROCE % | 10% | -1% | -9% | 4% | 22% | 9% | 13% | 9% | 10% | 4% | 16% | 25% |
Documents
Announcements
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 1d
- Closure of Trading Window 1d
- Shareholder Meeting / Postal Ballot-Outcome of AGM 2d
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 25 Sep
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Sep - Newspaper Publication of Notice of the 39th Annual General Meeting, Remote E-Voting and Book Closure Information
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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Product Portfolio
The Co.’s products include Modified Polypropylene Compound, Engineering Plastic Compound, and Personal Protective Equipment (PPE) like Mask and Gloves. [1] The PPE division added new lines for 3 Ply, foldable masks, and facilities for different variants. [2]