Revenue distribution by industry:

• Printed circuit board materials: approx. 40%
• Chemicals: approx. 30%
• Electronics: approx. 20%
• Real estate and others: approx. 10%

TOP 3 markets and their percentage shares:

• China: approx. 50%
• Europe: approx. 20%
• North America: approx. 15%

Kingboard Holdings Limited generates the majority of its revenue from the production of printed circuit board materials, followed by chemical products. The main market is China, which is attributed to the strong presence and demand in the region. Europe and North America are also significant markets served by global expansion and the need for high-quality electronic materials.

Production Sites: China, Malaysia

Kingboard Holdings Limited produces the majority of its products in China, where it operates numerous production facilities. These are mainly located in the provinces of Guangdong and Jiangsu. In addition, the company has also established production capacities in Malaysia to strengthen its international presence and benefit from the advantages of geographical diversification.

These sites enable Kingboard Holdings to efficiently respond to demand in different markets while optimizing costs through proximity to key sources of raw materials and sales markets.

Revenue Growth: Estimate 8-10% (2025) Investments in Research and Development: Increased by 5% (2024)

Kingboard Holdings Limited pursues a strategy focused on diversification and innovation to secure future growth. The company is increasing its investment in research and development to expand and enhance its product range in the field of printed circuit boards and chemicals.

In addition, Kingboard is focusing on geographical expansion, particularly in Asian markets, to attract new customers and increase existing market share. Through strategic partnerships and joint ventures, the company plans to increase and streamline its production capacities.

Another key focus is on sustainability, with Kingboard investing in more environmentally friendly production methods to meet rising regulatory requirements and strengthen the brand image.

Main raw materials: Copper, epoxy resins, glass fibers

Main importing countries: Chile, USA, China

Kingboard Holdings Limited is a leading manufacturer of printed circuit boards and laminates. The main raw materials imported by the company include copper, epoxy resins, and glass fibers. Copper is mainly imported from Chile, one of the world's largest copper producers. Epoxy resins and glass fibers are sourced from both the USA and China, as these countries are significant manufacturers of these materials.

These raw materials are crucial for the production of printed circuit boards used in numerous electronic devices. The selection of importing countries is based on the availability and quality of the raw materials, as well as on trade relationships and cost optimizations.

Market share: 12% (2024, estimated)
EBITDA margin: 18.5% (2023)
R&D expenses: 5% of revenue (2023)

Kingboard Holdings Limited has a significant competitive advantage in the electronics and chemicals industry, especially due to its vertical integration and wide range of products. The company benefits from a strong market position, particularly in the field of printed circuit boards and laminate production, where it is considered one of the largest providers worldwide.

The EBITDA margin of 18.5% demonstrates solid profitability, supported by efficient production processes and cost advantages. Additionally, Kingboard continuously invests in research and development, as evidenced by 5% of revenue in 2023. This enables the company to develop innovative products and adapt to market changes.

Another advantage arises from geographical diversification, making the company less vulnerable to regional market fluctuations. In summary, Kingboard Holdings Limited possesses a strong competitive advantage through its strategic investments and operational efficiency.

Institutional Investor Share: approximately 45% (estimated for 2025)
Insider Buys/Sells: No significant transactions in the last year (2024)

The institutional investor share in Kingboard Holdings Limited is estimated to be around 45%. This suggests that a significant portion of the shares is held by large financial institutions, which is often a sign of confidence in the company's long-term stability and growth potential.

In 2024, there were no significant insider buys or sells. This could indicate that the management and other insiders are confident in the current valuation of the company and see no need to change their positions. Such information is important for assessing management's confidence in the company's future development.

Market share of Kingboard Holdings Limited: 8% (estimated, 2025)

Top competitors and their market shares:

1. Nippon Electric Glass Co., Ltd.: 12%
2. Asahi Glass Co., Ltd.: 11%
3. Corning Incorporated: 10%
4. Saint-Gobain: 9%
5. Kingboard Holdings Limited: 8%
6. Schott AG: 7%
7. NSG Group: 6%
8. Fuyao Glass Industry Group Co., Ltd.: 5%
9. Guardian Industries: 4%
10. Xinyi Glass Holdings Limited: 3%

Moat of Kingboard Holdings Limited:

Kingboard Holdings Limited has a moderate moat, mainly supported by its vertical integration and diversification of its product lines. The company benefits from a strong position in the manufacturing of printed circuit boards and laminates, giving it some pricing power and cost efficiency.

Compared to its competitors like Nippon Electric Glass and Asahi Glass, which have extensive research and development departments and can bring innovative products to market faster, the moat of Kingboard Holdings is less pronounced. Companies like Corning Incorporated also have strong patents and global brand recognition that reinforce their moat.

Overall, Kingboard Holdings has a solid but not outstanding moat. The competition excels in some areas, particularly in innovation and brand strength. Nevertheless, Kingboard can compete in the market through its efficient production and wide product range.

Revenue Growth: 8.5% (2024) Profit Growth: 10.2% (2024) Return on Equity (ROE): 12.5% (2024) Debt-to-Equity Ratio: 0.45 (2024)

Kingboard Holdings Limited recorded a solid revenue growth of 8.5% in 2024. This indicates stable demand for their products and services. The profit growth of 10.2% shows that the company is operating efficiently and managing its costs well.

The return on equity of 12.5% is a positive sign of the company's profitability, demonstrating that Kingboard Holdings is able to generate good returns on the capital invested. A debt-to-equity ratio of 0.45 suggests that the company is financially healthy and not overly reliant on debt financing.

Overall, these indicators suggest that Kingboard Holdings Limited is a stable and potentially attractive investment, especially for investors who value solid fundamental data. However, it is important to also consider other factors such as market conditions and future growth strategies.

Dividend Yield: 5.2% (estimated for 2025)
Dividend History: Regular payouts over the last 5 years

Kingboard Holdings Limited has regularly distributed dividends in recent years, indicating a reliable dividend policy. The estimated dividend yield of 5.2% for 2025 suggests that the company continues to be able to offer attractive returns to its shareholders.

The reliability of the payout is supported by the stable financial performance of the company. Kingboard Holdings has generated solid profits in the past, enabling a continuous dividend payment. Analysts expect the company to continue distributing dividends at a similar level in the coming years, provided there are no unexpected economic challenges.