Kerry Logistics Network Ltd

Chart & Performance

D1W1MN

P/E

15.23

P/S

0.26

EPS

0.45

Div Yield, %

6.94%

Shrs. gr., 5y

1.19%

Rev. gr., 5y

4.45%

Revenues

47.41b

-45.29%

Net income

804m

-77.54%

CFO

2.95b

-46.98%

Dividend

Sep 09, 20240.1 HKD/sh

Earnings

May 22, 2025

Profile

Kerry Logistics Network Limited, an investment holding company, provides logistics services in Hong Kong, Mainland China, Taiwan, the rest of Asia, the Americas, Europe, the Middle East, Africa, and Oceania. The company operates through Logistics Operations and International Freight Forwarding segments. It offers integrated logistics services, including storage and value-added, trucking and distribution, returns management, and various ancillary services, as well as leases warehouses. The company also provides international freight forwarding services to transport cargo using air freight, ocean freight, and cross-border road freight forwarding services primarily in intra-Asia and between Asia and Europe. In addition, it offers express services; transportation and distribution services; supply chain and cold chain solution logistics; pharmaceutical logistics; and industrial project logistics, multi-channel online sales, cross-border logistics, order management, charter, customs brokerage, project management, relocation, and digitalization services. Further, the company provides documents storage and management services; seaport services; semi-automated raw meat processing and packing services; courier services; and engineering and consultancy services, as well as owns the warehouse and operates as an insurance broker. It serves fashion and lifestyle, electronics and technology, food and beverage, FMCG, industrial and material sciences, automotive, wines and spirits, pharmaceutical and healthcare, and art logistics industries. Kerry Logistics Network Limited was founded in 1981 and is headquartered in Kwai Chung, Hong Kong. Kerry Logistics Network Limited is subsidiary of S.F. Holding Co., Ltd.

URL

https://www.kln.com/

IPO date

Dec 19, 2013

Employees

36,100

Domiciled in

Incorporated in

Valuation

Order:

Title HKD in thousands, except ratios and share amounts	FY	FY	FY	FY	FY	FY	FY	FY	FY	FY
Title HKD in thousands, except ratios and share amounts	2023‑12	2022‑12	2021‑12	2020‑12	2019‑12	2018‑12	2017‑12	2016‑12	2015‑12	2014‑12
Income
Revenues	47,407,559 -45.29%	86,649,463 9.75%	78,954,724 59.13%
Cost of revenue	45,216,093	81,926,708	73,577,714
Unusual Expense (Income)
NOPBT	2,191,466	4,722,755	5,377,010
NOPBT Margin	4.62%	5.45%	6.81%
Operating Taxes	464,119	1,255,827	1,299,167
Tax Rate	21.18%	26.59%	24.16%
NOPAT	1,727,347	3,466,928	4,077,843
Net income	804,035 -77.54%	3,579,191 -37.76%	5,750,757 98.59%
Dividends	(849,492)	(1,409,766)	(13,967,664)
Dividend yield	5.72%	5.56%	40.58%
Proceeds from repurchase of equity	(76,499)	(1,380,225)	(1,177,951)
BB yield	0.52%	5.44%	3.42%
Debt
Debt current	4,252,313	3,513,206	5,252,784
Long-term debt	8,634,532	8,248,825	4,852,085
Deferred revenue	774,101	1,453,234	2,384,652
Other long-term liabilities	794,360	76,206	226,803
Net debt	1,664,660	(1,551,704)	(4,622,324)
Cash flow
Cash from operating activities	2,946,286	5,556,709	5,926,132
CAPEX	(761,191)	(1,615,107)	(1,736,284)
Cash from investing activities	(3,701,948)	(4,247,254)	10,575,432
Cash from financing activities	(1,920,636)	(645,315)	(15,648,259)
FCF	1,103,448	5,785,780	7,192,547
Balance
Cash	6,534,670	9,290,885	9,913,087
Long term investments	4,687,515	4,022,850	4,814,106
Excess cash	8,851,807	8,981,262	10,779,457
Stockholders' equity	15,286,579	17,175,536	20,763,799
Invested Capital	22,134,887	23,614,144	23,636,730
ROIC	7.55%	14.67%	16.54%
ROCE	6.91%	14.22%	15.44%
EV
Common stock shares outstanding	1,806,455	1,807,384	1,805,988
Price	8.22 -41.45%	14.04 -26.34%	19.06 11.46%
Market cap	14,849,061 -41.48%	25,375,670 -26.28%	34,422,138 13.15%
EV	19,034,600	26,644,577	33,592,643
EBITDA	3,908,931	6,931,525	7,393,524
EV/EBITDA	4.87	3.84	4.54
Interest	576,720	392,968	250,756
Interest/NOPBT	26.32%	8.32%	4.66%