002119.SHE Ningbo Kangqiang Electronics Co Ltd
- Market cap
- CNY 6.76B
- P/E
- 42.9x
- P/B
- 4.83x
- ROE
- 13.3%
- Dividend yield
- 0.37%
- Fundamental score
- -
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 002119.SHE undervalued?
Graham numberThe Graham number of Ningbo Kangqiang Electronics Co Ltd cannot be estimated reliably (the estimate is too far from the market price).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Ningbo Kangqiang Electronics Co Ltd fundamental analysis
No fundamental analysis for Ningbo Kangqiang Electronics Co Ltd yet.
Ningbo Kangqiang Electronics Co Ltd stock price
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About Ningbo Kangqiang Electronics Co Ltd
Ningbo Kangqiang Electronics Co., Ltd, together with its subsidiaries, engages in the development, production, and sale of semiconductor packaging materials in China. It offers stamping frameworks, etching frames, bonding wires, and LED frameworks, as well as wire electrodes, multi-station integrated circuit frame progressive molds, and lead frames. The company was founded in 1992 and is based in Ningbo, China.
Full company profileNingbo Kangqiang Electronics Co Ltd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Ningbo Kangqiang Electronics Co Ltd annual financial statements (CNY; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 1.20B | 1.30B | 1.48B | 1.42B | 1.55B | 2.19B | 1.70B | 1.78B | 1.96B | 2.20B | 3.21B |
| Gross Profit | 228M | 266M | 293M | 293M | 288M | 412M | 258M | 217M | 219M | 311M | 477M |
| Operating Income | 65.8M | 87.6M | 102M | 111M | 83.0M | 198M | 109M | 80.0M | 83.1M | 163M | 261M |
| EBITDA | 146M | 181M | 211M | 206M | 199M | 309M | 215M | 188M | 191M | 235M | 221M |
| Net Income | 43.6M | 64.0M | 80.2M | 92.6M | 87.9M | 181M | 102M | 80.6M | 83.2M | 116M | 186M |
| EPS | 0.12 | 0.17 | 0.21 | 0.25 | 0.23 | 0.48 | 0.27 | 0.21 | 0.22 | 0.31 | 0.50 |
| Balance Sheet | |||||||||||
| Total Assets | 1.59B | 1.67B | 1.68B | 1.81B | 1.83B | 2.13B | 1.91B | 2.32B | 2.34B | 2.61B | 3.23B |
| Total Liabilities | 834M | 859M | 870M | 919M | 858M | 992M | 681M | 1.02B | 970M | 1.24B | 1.83B |
| Shareholders' Equity | 696M | 740M | 807M | 893M | 971M | 1.14B | 1.23B | 1.30B | 1.37B | 1.37B | 1.40B |
| Cash & Short-term Investments | 158M | 128M | 170M | 160M | 150M | 216M | 297M | 199M | 148M | 94.1M | 187M |
| Total Debt | 494M | 544M | 555M | 658M | 556M | 559M | 424M | 537M | 528M | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 156M | 15.7M | 181M | -8.41M | 160M | 112M | 297M | 7.79M | 43.9M | 78.2M | - |
| Capital Expenditure | 117M | 45.1M | 56.4M | 36.4M | 46.6M | 35.1M | 24.5M | 29.0M | 16.3M | 53.8M | 69.1M |
| Free Cash Flow | 39.6M | -29.5M | 124M | -44.9M | 114M | 77.3M | 273M | -21.2M | 27.6M | 24.4M | -440M |
| Ratios | |||||||||||
| ROE | 6.3% | 8.7% | 9.9% | 10.4% | 9.1% | 15.9% | 8.3% | 6.2% | 6.1% | 8.5% | 13.3% |
| ROA | 2.7% | 3.8% | 4.8% | 5.1% | 4.8% | 8.5% | 5.3% | 3.5% | 3.6% | 4.5% | 5.8% |
| Net Profit Margin | 3.6% | 4.9% | 5.4% | 6.5% | 5.7% | 8.3% | 6.0% | 4.5% | 4.2% | 5.3% | 5.8% |
| Debt to Equity | 0.71x | 0.74x | 0.69x | 0.74x | 0.57x | 0.49x | 0.35x | 0.41x | 0.39x | - | - |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Ningbo Kangqiang Electronics Co Ltd dividends
- Dividend yield
- 0.37%
- Forward dividend
- 0.04 CNY
- Payout ratio
- 21.3%
- Ex-dividend date
- May 8, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | CNY 24.8M | 0.07 | 21.3% |
| 2024 | CNY 28.5M | 0.08 | 34.3% |
| 2023 | CNY 29.9M | 0.08 | 37.1% |
| 2022 | CNY 18.7M | 0.05 | 18.4% |
| 2021 | CNY 9.72M | 0.03 | 5.4% |
| 2020 | CNY 9.38M | 0.02 | 10.7% |
| 2019 | CNY 7.22M | 0.02 | 7.8% |
| 2018 | CNY 47.4M | 0.12 | 59.0% |
| 2017 | CNY 49.0M | 0.13 | 76.6% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1.2:1 on May 21, 2019.
Who owns Ningbo Kangqiang Electronics Co Ltd
- Insiders 32.41%
- Institutions 4.56%
- Public & others 63.03%
- Shares outstanding 375M
- Free float 269M
Ningbo Kangqiang Electronics Co Ltd company profile
- Company name
- Ningbo Kangqiang Electronics Co Ltd
- Ticker
- 002119.SHE
- ISIN
- CNE000001R50
- Exchange
- Shenzhen Stock Exchange
- Listed since
- Mar 2, 2007
- Sector
- Technology
- Industry
- Semiconductors & Semiconductor Equipment
- Employees
- 1,218
- Fiscal year end
- December
- Address
- No.988, Jinyuan Road, Ningbo, China, 315104
- Phone
- 86 57 4568 09777
- Website
- kangqiang.com
About Ningbo Kangqiang Electronics Co Ltd
Ningbo Kangqiang Electronics Co., Ltd, together with its subsidiaries, engages in the development, production, and sale of semiconductor packaging materials in China. It offers stamping frameworks, etching frames, bonding wires, and LED frameworks, as well as wire electrodes, multi-station integrated circuit frame progressive molds, and lead frames. The company was founded in 1992 and is based in Ningbo, China.
Ningbo Kangqiang Electronics Co Ltd management
7- Ms. Fang ZhengVice Chairman & GM · born 1975
- Ms. Xiarong YinCFO, Financial Director & Accounting Supervisor · born 1971
- Mr. Guangwei CaoDeputy General Manager · born 1963
- Mr. Rongkang ZhouBoard Secretary & Deputy GM · born 1985
- Mr. Xiaolong FengDeputy General Manager · born 1965
- Ms. Yunli DuDeputy General Manager · born 1973
- Mr. Hua SunDeputy General Manager · born 1977