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Kingboard Laminates Holdings Limited logo

Kingboard Laminates Holdings Limited

1888.HK

HKSEIndustrialsElectrical Equipment & Parts

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Latest quote

HK$34.94

−HK$2.34 · -6.28%

Aug 24, 11:03 AM HKT

1888.HK company overview

Regular session · HKT · Market data may be delayed.

Company profile

Company website

Kingboard Laminates Holdings Limited, an investment holding company, manufactures and sells laminates in the People's Republic of China, Europe, other Asian countries, and the United States. The company operates through Laminates, Properties, and Investments segments. It offers glass epoxy and paper laminates. The company also provides upstream component materials, such as copper foils, glass yarns, glass fabrics, bleached kraft papers, epoxy resins, kraft papers for copper-clad laminates, and PVB. In addition, it sells and rents properties; trades in copper; and provides hotel accommodation services. Further, the company manufactures and distributes chemicals; electronic special materials; and specialty resins. Its investment property portfolio comprises commercial, residential, and industrial properties. Kingboard Laminates Holdings Limited was founded in 1988 and is headquartered in Sha Tin, Hong Kong. Kingboard Laminates Holdings Limited is a subsidiary of Jamplan (BVI) Limited.

Industry
Electrical Equipment & Parts
Sector
Industrials
Headquarters
HK
CEO
Kwok Keung Cheung
Listed since
Dec 7, 2006
Employees
10,800

Market position

Day range

Current HK$34.94

52-week range

Current HK$34.94

Open
HK$37.50
Previous close
HK$37.28
Volume
53.68M
0.63× average
Average volume
85.46M
Average daily volume
Market cap
110.11B HKD
Beta
1.49
Market reference 1
50-day average
HK$56.687
-38.36% below average
200-day average
HK$31.7981
+9.88% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
44.3B HKD
EV / EBITDA
12.25×
Earnings yield
5.91%
Free cash flow yield
-0.18%

Profitability & efficiency

Return on equity
14.94%
Return on assets
9.59%
Return on invested capital
10.10%

Financial health

Current ratio
1.92×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends37%25%14%3%Gross margin, FY2021: 34.01%Gross margin, FY2022: 22.76%Gross margin, FY2023: 15.98%Gross margin, FY2024: 17.68%Gross margin, FY2025: 19.56%Operating margin, FY2021: 28.97%Operating margin, FY2022: 16.24%Operating margin, FY2023: 8.71%Operating margin, FY2024: 11.25%Operating margin, FY2025: 13.24%Net margin, FY2021: 23.55%Net margin, FY2022: 8.54%Net margin, FY2023: 5.42%Net margin, FY2024: 7.15%Net margin, FY2025: 11.97%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 34.01%. Gross margin FY2022 22.76%. Gross margin FY2023 15.98%. Gross margin FY2024 17.68%. Gross margin FY2025 19.56%. Operating margin FY2021 28.97%. Operating margin FY2022 16.24%. Operating margin FY2023 8.71%. Operating margin FY2024 11.25%. Operating margin FY2025 13.24%. Net margin FY2021 23.55%. Net margin FY2022 8.54%. Net margin FY2023 5.42%. Net margin FY2024 7.15%. Net margin FY2025 11.97%.

Income trends

Revenue

20.4B HKD+10.03%

Operating income

2.7B HKD+29.50%

Net income

2.44B HKD+84.16%
Income trends across reported periods31.59B HKD20.43B HKD9.28B HKD−1.88B HKDRevenue, FY2021: 28.8B HKDRevenue, FY2022: 22.36B HKDRevenue, FY2023: 16.75B HKDRevenue, FY2024: 18.54B HKDRevenue, FY2025: 20.4B HKDOperating income, FY2021: 8.34B HKDOperating income, FY2022: 3.63B HKDOperating income, FY2023: 1.46B HKDOperating income, FY2024: 2.09B HKDOperating income, FY2025: 2.7B HKDNet income, FY2021: 6.78B HKDNet income, FY2022: 1.91B HKDNet income, FY2023: 907.4M HKDNet income, FY2024: 1.33B HKDNet income, FY2025: 2.44B HKDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 28.8B HKD. Revenue FY2022 22.36B HKD. Revenue FY2023 16.75B HKD. Revenue FY2024 18.54B HKD. Revenue FY2025 20.4B HKD. Operating income FY2021 8.34B HKD. Operating income FY2022 3.63B HKD. Operating income FY2023 1.46B HKD. Operating income FY2024 2.09B HKD. Operating income FY2025 2.7B HKD. Net income FY2021 6.78B HKD. Net income FY2022 1.91B HKD. Net income FY2023 907.4M HKD. Net income FY2024 1.33B HKD. Net income FY2025 2.44B HKD.
Metric (HKD)FY2025FY2024FY2023FY2022FY2021
Revenue20.4B HKD18.54B HKD16.75B HKD22.36B HKD28.8B HKD
Cost of goods sold16.41B HKD15.26B HKD14.07B HKD17.27B HKD19B HKD
Gross profit3.99B HKD3.28B HKD2.68B HKD5.09B HKD9.8B HKD
Selling, general, and administrative1.29B HKD1.19B HKD1.22B HKD1.46B HKD1.45B HKD
Operating expenses1.29B HKD1.19B HKD1.22B HKD1.46B HKD1.45B HKD
Interest income14.09M HKD22.78M HKD35.64M HKD31.2M HKD22.39M HKD
Interest expense161.24M HKD255.17M HKD273.69M HKD130.39M HKD80.67M HKD
Depreciation and amortization915.26M HKD949.17M HKD900.11M HKD796.86M HKD732.71M HKD
Operating income2.7B HKD2.09B HKD1.46B HKD3.63B HKD8.34B HKD
Net income2.44B HKD1.33B HKD907.4M HKD1.91B HKD6.78B HKD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.48

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.630.430.230.02Q2 '22Q1 '23Q3 '23Q1 '24Q3 '24Q1 '25Q3 '25Q1 '26
Q2 2022, reported Jun 30, 2022: actual 0.585, estimate —, surprise —, Comparison unavailable. Q1 2023, reported Mar 27, 2023: actual 0.027, estimate —, surprise —, Comparison unavailable. Q3 2023, reported Aug 28, 2023: actual 0.135, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 18, 2024: actual 0.156, estimate —, surprise —, Comparison unavailable. Q3 2024, reported Aug 26, 2024: actual 0.233, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 24, 2025: actual 0.192, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 24, 2025: actual 0.299, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 16, 2026: actual 0.48, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates21.75B16.87B11.98B7.1BQ1 '23MissQ3 '23No estimateQ1 '24MissQ3 '24No estimateQ1 '25No estimateQ3 '25No estimateQ1 '26BeatQ3 '26Estimate
Q1 2023, reported Mar 27, 2023: actual 9.19B HKD, estimate 20.74B HKD, surprise -55.71%, Miss. Q3 2023, reported Aug 28, 2023: actual 8.11B HKD, estimate —, surprise —, Comparison unavailable. Q1 2024, reported Mar 18, 2024: actual 8.64B HKD, estimate 18.89B HKD, surprise -54.25%, Miss. Q3 2024, reported Aug 26, 2024: actual 8.64B HKD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Mar 24, 2025: actual 9.9B HKD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Aug 24, 2025: actual 9.59B HKD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Mar 16, 2026: actual 10.81B HKD, estimate 10.81B HKD, surprise +0.02%, Beat. Q3 2026, reported Aug 24, 2026: actual —, estimate 10.44B HKD, surprise —, Comparison unavailable.

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

HK$0.65

2025 complete year-18.8% since 2021

2026 partial: HK$0.53

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Jun 11, 2026

HK$0.53

Special

Record Jun 12, 2026 · Payment Jul 7, 2026

Dividend

Ex-dividend Dec 12, 2025

HK$0.15

Annual

Record Dec 15, 2025 · Payment Jan 6, 2026

Dividend

Ex-dividend Jun 11, 2025

HK$0.50

Special

Record Jun 12, 2025 · Payment Jul 3, 2025

Dividend

Ex-dividend Dec 13, 2024

HK$0.12

Semi-Annual

Record Dec 16, 2024 · Payment Jan 7, 2025

Dividend

Ex-dividend Jun 12, 2024

HK$0.10

Semi-Annual

Record Jun 13, 2024 · Payment Jul 4, 2024

Dividend

Ex-dividend Dec 12, 2023

HK$0.06

Semi-Annual

Record Dec 13, 2023 · Payment Jan 4, 2024

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