LII HEN INDUSTRIES BHD

KLSE (MYR): LIIHEN (7089)

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Last Price

0.705

Today's Change

+0.005 (0.71%)

Day's Change

0.69 - 0.715

Trading Volume

218,400

Overview

Market Cap

381 Million

NOSH

541 Million

Avg Volume (4 weeks)

445,215

4 Weeks Range

0.685 - 0.755

4 Weeks Price Volatility (%)

28.57%

52 Weeks Range

0.685 - 1.08

52 Weeks Price Volatility (%)

5.06%

Previous Close

0.70

Open

0.69

Bid

0.70 x 120,700

Ask

0.71 x 10,000

Day's Range

0.69 - 0.715

Trading Volume

218,400

Financial Highlight

Latest Quarter | Ann. Date

30-Sep-2024 [#3] | 28-Nov-2024

Next QR | Est. Ann. Date

31-Dec-2024 | 23-Feb-2025

T4Q P/E | EY

12.96 | 7.72%

T4Q DY | Payout %

5.67% | 73.37%

T4Q NAPS | P/NAPS

1.00 | 0.71

T4Q NP Margin | ROE

4.44% | 5.44%

Market Buzz
Company Profile

Sector: CONSUMER PRODUCTS & SERVICES

Sector: CONSUMER PRODUCTS & SERVICES

Subsector: HOUSEHOLD GOODS

Subsector: HOUSEHOLD GOODS

Description:

Lii Hen Industries Bhd is engaged in the manufacturing and sale of furniture. Its products include bedroom sets, occasional products, utility products, sofa sets, buffet and hutch products, dining furniture and others. In addition, the company is also involved in Plantation and other segments. Plantation segment cultivates rubberwood trees, and Others segments include the firm's investment holding activities. Geographically business presence of the group can be seen across the Malaysia, USA and in other countries of which USA regions account for the majority of revenue.

Discussions
29 people like this. Showing 50 of 11,178 comments

Tangtanggood

Already sell at 0.88

2022-11-30 10:56

corpsehunter69

The wood manufacturing sector's prospects appear to be dimming even with the easing in elevated raw material costs and supply chain issues, as the industry is facing yet another obstacle — slowing furniture demand.

2023-01-19 12:42

EatCoconutCanWin

Where to buy liihen product in Penang?

2023-02-21 15:29

amateurJR

Good company can buy if there is weakness

2023-02-22 11:48

zen_2k

pohuat doing much better than liihen for 3 quarters lol... either liihen or pohuat is going to have a rerating lmao

2023-03-01 17:15

fortunefire

waiting for 0.7x

2023-03-20 11:52

corpsehunter69

TP 0.90

2023-03-20 14:11

corpsehunter69

collect 0.80- 0.82

2023-03-28 15:40

corpsehunter69

Slowly climbing back up.

2023-04-11 13:38

Sardin

guess some of the customers already permanently left during MCO and stick to other suppliers. Destroyed by Ding Ding.

2023-04-18 10:39

Cipta

is Bed, Bath & Beyond Lii Hin's customer?

2023-04-25 18:00

corpsehunter69

slow & steady win the race ..

2023-04-26 13:57

i4value

Post removed.Why?

2023-05-15 09:03

FinanceInRealLife

Post removed.Why?

2023-05-16 19:18

i4value

Post removed.Why?

2023-07-07 11:03

NatsukoMishima

https://www.klsescreener.com/v2/news/view/1173477

Malaysia furniture dark future !

2023-07-07 12:05

fortunefire

does the company still can afford to pay high dividend?

2023-07-21 09:48

DividendGuy67

@fortunefire, actually, LIIHEN can afford to pay higher dividend.
In the past, it has been very conservative, paying only 40% earnings or less.
However, over the past 3.5 years, the payout ratio is steadily rising - the question is - will this become a new trend?
2020 - DPS 4.7 sen / EPS 14.0 sen = 33% payout
2021 - 2.7 sen / 7.2 sen = 37% payout
2022 - 6.2 sen / 13.9 sen = 45% payout
TTM 2023 - 7.1 sen / 12.2 sen = 58% payout.

With Net Cash of 37 sen, and trading at 87.5 sen, the business is available for sale for only 50 sen.
It's long term EPS is 12 sen, i.e. this wonderful business is only selling for a P/E of ~ 4 times.

It's dividend yield is nice for TTM 2023 = 7.1 sen / 87.5 sen = 7.0%. That must beat EPF nicely at this depressed price.

If the Company continues to share its profits with shareholders (e.g. a payout ratio of 80% EPS should be very sustainable given the huge Net Cash position, even to cover very bad lean years), even without any Special Dividends, it's DY will be higher than 7.0% and this stock is well overdue for a re-rating up.

Personally, lower prices is sufficient reason for me to accumulate.

2023-09-07 00:33

goldenhope

Good sharing

2023-09-19 10:19

grimpoinvestor

dividend ratio increasing = business is good

2023-09-26 16:34

grimpoinvestor

Looking good lately

2023-10-04 17:12

Cipta

Thanks BOD of Lii Hen, i earn dividends every quarter. Wish the co make more n more profit for the coming years.

2023-10-11 13:24

DividendGuy67

LIIHEN gives very nice dividends every quarter indeed! Plus capital gains too. Price action is promising today.

2023-11-20 18:07

Yielda

small brother synergy up so much, when big brother will follow?

2023-12-27 11:42

DividendGuy67

LIIHEN + 2 sen today. Together with 22 other green stocks offsetting 11 red stocks and several unchanged, my portfolio has made new all time high again today. This is new all time highs for the 3rd time in December month alone.

2023-12-28 23:26

grimpoinvestor

Top up

2024-01-09 17:26

DividendVen

good dividend stock, parking some 1st

2024-01-10 15:03

CSOON 77

Buy In 0.95

2024-01-10 15:13

DividendVen

Japan earthquake, ppl might need more furniture or wood product to rebuild. Which company export more to Japan? hevea?

2024-01-15 17:16

grimpoinvestor

Need more time to move

2024-02-14 17:19

ming

-Revenue gradual recover~
-last quarter net profit 15m include forex loss of 3m
-upcoming quarter should has better forex gain as USD spike again since Jan
-dividend > 6% p.a

2024-02-24 03:28

CSOON 77

Moving UP

2024-02-28 14:36

grimpoinvestor

collect more liihen first

2024-02-29 18:53

EngineeringProfit

Gua caya sama lu. I can see u keep collecting

grimpoinvestor

collect more liihen first

2024-03-08 15:48

grimpoinvestor

getting close to breakout now

2024-03-21 16:43

DividendGuy67

LIIHEN +6 sen, or +6.19% close today. Thanks to LIIHEN and 21 other stocks in green to offset 9 stocks in red, my portfolio made new all time high again today!

2024-04-01 22:33

DividendGuy67

Another green close. Thanks to LIIHEN and 20 other green stocks to offset 12 red stocks, my portfolio made new all time high again today!

2024-04-02 21:13

EngineeringProfit

Plus the 2 sen dividend, remember. Huat ar

2024-04-02 21:31

DividendGuy67

The dividend is indeed powerful. It lowered my Average Buy Price from 85 sen down to 78 sen. Today, LIIHEN closed 1.06, highest close. This plus 17 other green stocks to offset 16 red stocks, is enough to edge my portfolio to make new all time high again today. Thank-you Mr Market!

2024-04-12 21:52

DividendGuy67

Nice thing about under-valued, high dividend yield stock is that the longer we hold, the more dividends we received, the lower our average buy cost gets without doing anything.

2024-04-12 21:54

grimpoinvestor

LIIHEN rdy to move upwards

2024-04-24 18:03

NatsukoMishima

Ikea has implemented a global pricing strategy that includes Ingka Group, an Ikea franchisee. It announced that it would invest 6.3 billion yuan in China over the next three years to lower its prices in the country.

Inter Ikea’s supply chain, which covers everything from raw materials up to the final mile – production, procurement, raw materials sourcing, in-house manufacturing, transport and logistics – makes products affordable without compromising on quality, sustainability, form or function, said the company.

“Our primary objective is to reduce costs across our supply chain,” said Waidzunas.

The goal is expected to be pursued through enhancing efficiencies, better utilisation of materials and accelerating automation initiatives

Malaysia furniture sector just like glove , beaten by China , hopeless !

2024-06-20 07:14

Cipta

The Malaysian furniture industry has been contending with challenges from China for over two decades. Despite this, it remains competitive in global trade. While most raw materials for nitrile gloves come from China, Malaysian furniture benefits from local sources.

2024-06-24 12:21

NatsukoMishima

Aiya , this kind of stock u buy and all your capital frozen there for 20 years then only only get back your money if the share price can maintain ! If drop then waste 20 years only , better look for stock like vstec , ranhill , ytl which share price can skyrocket !

2024-09-12 10:52

NatsukoMishima

Very boring stock

2024-09-12 10:53

Cipta

If you see this boring but carefully managed co with sustainable biz in mind, Lii Hen's return is still better than FD.

1 month ago

ITreeinvestor

Liihen has stop their dividend payment in latest quarter, dun be fool by outdated dividend rate.

3 weeks ago

FlyingEagle

No profit sure no dividend.

3 weeks ago

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