Luks Group (Vietnam Holdings) Company Limited (LKSGF) Stock Analysis
Educational signal · not a buy or sell recommendation · How to read this
DELISTED
What happened to Luks Group (Vietnam Holdings) Company Limited (LKSGF) stock?
Luks Group (Vietnam Holdings) Company Limited (LKSGF) no longer trades on public markets. The figures below are historical and are not a current quote.
P/E 37.17 means the share price is 37.17 times one year of earnings per share; the S&P 500 usually sits near 20-25. Market cap $45.2M is the value of all shares combined. Beta 0.21: the stock has moved about 79% less than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 16, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Luks Group (Vietnam Holdings) Company Limited (LKSGF). Luks Group (Vietnam Holdings) Company Limited is a Hong Kong-based investment holding company focused on manufacturing and selling cement products in Vietnam, Hong Kong, and Mainland China. Market cap: $45.2M, Sector: Basic materials.
Last analyzed: Mar 16, 2026Analyst Coverage for LKSGF: LKSGF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates LKSGF against Basic Materials peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
These figures come from statements filed 15 months ago — the most recent this company has published.
LKSGF: 1/2 scored disciplines lean bullish. Dominant signal: Seth Klarman bullish.
How is this calculated? →AI simulations built from the named investors' published principles. Not affiliated with, endorsed by, or the opinion of these individuals. How these lenses are built
Luks Group (Vietnam Holdings) Company Limited (LKSGF) Materials & Commodity Exposure
Luks Group (Vietnam Holdings) Company Limited manufactures and distributes cement products under the KIM DINH brand, primarily serving the construction industry in Vietnam, Hong Kong, and Mainland China. The company diversifies its revenue streams through property investment, hotel operations, and electronic product sales, operating with a modest profit margin and a low beta.
What Is the Investment Thesis for LKSGF?
Luks Group (Vietnam Holdings) Company Limited presents a mixed investment profile. The company's established presence in the Vietnamese cement market provides a stable revenue base, supported by a 4.35% dividend yield. However, the company's relatively small market capitalization of $45.2M and a P/E ratio of 37.17 suggest limited growth potential. The company's beta of 0.21 indicates low volatility compared to the broader market. A key value driver is the company's diversified business model, which includes property investment and hotel operations, potentially offsetting cyclical downturns in the cement industry. Growth catalysts include increased infrastructure spending in Vietnam and expansion of property development projects. Potential risks include fluctuations in raw material prices and competition from larger cement manufacturers.
Based on FMP financials and quantitative analysis
LKSGF Key Highlights
Market capitalization of $45.2M, indicating a small-cap company.
- P/E ratio of 37.17, suggesting the stock is trading at a moderate valuation relative to its earnings.
- Profit margin of 6.3%, reflecting the company's profitability after all expenses.
- Gross margin of 40.2%, indicating the company's efficiency in converting sales into gross profit.
- Dividend yield of 4.35%, offering a steady income stream for investors.
Who Are LKSGF's Competitors?
LKSGF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| ALEEF Lighthouse Gold Inc. | $0.14 | 0.00% | $22.9M | — |
| CRSTF Mineral Road Discovery Inc. | $0.06 | 0.00% | $5.70M | — |
| GQMLF Great Quest Fertilizer Ltd. | $0.48 | +100.00% | $5.60M | — |
| FEAM 5E Advanced Materials Inc. | $1.50 | -0.66% | $62.3M | 405-pillar |
| BSND Boston Sand & Gravel Co. | $715.00 | 0.00% | $96.5M | 469-signal |
| SMID Smith-Midland Corporation | $24.25 | +0.08% | $129M | 705-pillar |
| MCEM The Monarch Cement Company | $265.04 | -1.10% | $692M | 459-signal |
| CPAC Cementos Pacasmayo S.A.A. | $12.57 | +0.72% | $1.08B | 875-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance This table mixes two scoring engines — compare a number only with others carrying the same tag.
What Are LKSGF's Key Strengths?
Established presence in the Vietnamese cement market.
- Diversified business model with revenue streams from multiple sectors.
- Property portfolio generating stable rental income.
- Experienced management team.
What Are LKSGF's Weaknesses?
Small market capitalization limits access to capital.
- Profit margin is relatively low compared to industry peers.
- Dependence on the construction industry makes it vulnerable to economic cycles.
- Limited geographic diversification.
What Could Drive LKSGF Stock Higher?
Increased infrastructure spending in Vietnam, driving demand for cement products.
- Property development projects in Vietnam and Hong Kong, generating revenue from sales.
- Recovery of the tourism industry in Hong Kong, boosting hotel occupancy rates.
- Potential acquisitions of smaller cement manufacturers to expand market share.
- Implementation of new technologies to improve cement production efficiency.
What Are the Key Risks for LKSGF?
Rich valuation — a P/E of 37.17 runs well above the Basic Materials sector’s ~21.40x, leaving little room for a miss.
- Fluctuations in raw material prices, such as clinker and energy, impacting profitability.
- Competition from larger, more established cement manufacturers.
- Economic downturns in Vietnam, Hong Kong, and Mainland China, reducing construction activity.
- Changes in government regulations affecting the construction and property sectors.
- Limited liquidity due to OTC listing.
What Are the Growth Opportunities for LKSGF?
- Expansion in the Vietnamese Market: Vietnam's construction sector is experiencing rapid growth, driven by urbanization and infrastructure development. Luks Group can capitalize on this trend by increasing its cement production capacity and expanding its distribution network across Vietnam. The Vietnamese construction market is projected to grow at a CAGR of 8% over the next five years, presenting a significant opportunity for Luks Group to increase its market share.
- Property Development Projects: Luks Group's involvement in property development offers significant growth potential. By undertaking new residential and commercial projects in Vietnam and Hong Kong, the company can generate substantial revenue and profit. The property market in these regions is expected to remain robust, supported by strong demand and favorable demographics. Successful completion and sale of these projects can significantly boost Luks Group's financial performance.
- Hotel Operations Expansion: The Pentahotel Hong Kong, managed by Luks Group, contributes to the company's revenue stream. Expanding hotel operations by acquiring or developing new hotels in strategic locations can further enhance the company's profitability. The tourism industry in Hong Kong and other parts of Asia is expected to rebound strongly, presenting opportunities for Luks Group to capitalize on increased travel and hospitality demand.
- Strategic Partnerships: Forming strategic partnerships with construction companies, real estate developers, and other industry players can provide Luks Group with access to new markets, technologies, and resources. These partnerships can facilitate the company's expansion plans and enhance its competitive position. Collaborations with established players can also help Luks Group secure large-scale projects and increase its market visibility.
- Technological Upgrades: Investing in modern cement production technologies can improve efficiency, reduce costs, and enhance the quality of Luks Group's products. Implementing advanced manufacturing processes can also help the company meet stringent environmental regulations and reduce its carbon footprint. Technological upgrades can provide Luks Group with a competitive edge and improve its long-term sustainability.
What Are LKSGF's Competitive Advantages?
- Established Brand: The KIM DINH brand has a long-standing presence in the Vietnamese cement market.
- Diversified Business Model: Revenue streams from cement, property, and hotel operations reduce reliance on a single industry.
- Strategic Location: Operations in Vietnam, Hong Kong, and Mainland China provide access to key markets.
- Property Portfolio: Investment properties generate stable rental income.
What Does LKSGF Do?
Founded in 1975 and headquartered in To Kwa Wan, Hong Kong, Luks Group (Vietnam Holdings) Company Limited began as a cement manufacturer and has evolved into an investment holding company with diverse interests. The company's core business revolves around the production and sale of cement products under the KIM DINH brand, catering to construction sites and retail markets across Vietnam, Hong Kong, and Mainland China. In addition to cement, Luks Group also provides clinkers, a key component in cement production. Over the years, Luks Group has expanded its operations beyond cement manufacturing. The company strategically invests in and rents out various properties, including industrial, commercial, and residential premises, complemented by property management and related services. Luks Group also engages in property development, further diversifying its revenue streams within the real estate sector. The company operates the Pentahotel Hong Kong in Tuen Mun, featuring 298 rooms, adding a hospitality component to its portfolio. Furthermore, Luks Group participates in the sale and trading of electronic products, including printed circuit boards and other electronic components, and manufactures and sells plywood products, showcasing a diversified approach to business operations.
What Products and Services Does LKSGF Offer?
- Manufactures and sells cement products under the KIM DINH brand.
- Provides clinkers, a key component in cement production.
- Invests in and rents out industrial, commercial, and residential properties.
- Offers property management and related services.
- Develops and sells properties.
- Operates and manages the Pentahotel Hong Kong.
- Sells and trades in electronic products, including printed circuit boards.
- Manufactures and sells plywood products.
How Does LKSGF Make Money?
- Cement Sales: Generates revenue through the production and sale of cement products to construction sites and retail markets.
- Property Investment: Earns rental income from its portfolio of industrial, commercial, and residential properties.
- Hotel Operations: Derives revenue from operating and managing the Pentahotel Hong Kong.
- Property Development: Generates profits from the development and sale of properties.
What Industry Does LKSGF Operate In?
Luks Group (Vietnam Holdings) Company Limited operates within the construction materials industry, primarily focusing on cement production. The industry is heavily influenced by construction activities and infrastructure development in Vietnam, Hong Kong, and Mainland China. The competitive landscape includes both local and international cement manufacturers. Market trends indicate a growing demand for cement in emerging economies like Vietnam, driven by urbanization and infrastructure projects. Luks Group's diversified business model, including property investment and hotel operations, provides a buffer against the cyclical nature of the construction industry.
Who Are LKSGF's Key Customers?
- Construction companies in Vietnam, Hong Kong, and Mainland China.
- Retail customers purchasing cement for smaller construction projects.
- Tenants renting industrial, commercial, and residential properties.
- Hotel guests at the Pentahotel Hong Kong.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price 5 days old
- ● No filing on record
- ● No analyst coverage
Luks Group (Vietnam Holdings) Company Limited Financial Trajectory
Luks Group (Vietnam Holdings) Company Limited (LKSGF) reported $168.2M in revenue for Dec 2025, a decline of 4.4% compared to the prior quarter. The company recorded a net loss of $19.3M, with diluted EPS of $-0.04. Revenue has contracted over three consecutive quarters, which investors in this micro-cap Basic Materials stock should monitor closely. Across the four most recent quarters, LKSGF averaged $0.02 in diluted EPS.
Company Profile
Luks Group (Vietnam Holdings) Company Limited operates in the Construction Materials industry within the Basic Materials sector. It is headquartered in Hong Kong, HK. The company is led by CEO Yan Luk. LKSGF has traded publicly since 2008.
How Luks Group (Vietnam Holdings) Company Limited Is Valued
Luks Group (Vietnam Holdings) Company Limited carries a market capitalization of $45.2M, placing it in the micro-cap category.
Key Financial Metrics
Return on equity for Luks Group (Vietnam Holdings) Company Limited stands at 0.8%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 0.7%, showing how much profit it generates from its asset base. LKSGF trades at a trailing price-to-earnings ratio of 37.17, above the Basic Materials sector average of ~21.40x. Its free cash flow yield is 18.3%, a gauge of the cash the business throws off relative to its market value. A current ratio of 5.51 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 4.5%, the inverse of the P/E and a quick read on earnings relative to price.
Financial Health
Luks Group (Vietnam Holdings) Company Limited's Piotroski F-Score is 7/9, a 9-point checklist of profitability, leverage and efficiency — signaling solid underlying fundamentals. Its Altman Z-Score of 2.43 places it in the grey zone, a middle ground that warrants monitoring.
LKSGF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Established presence in the Vietnamese cement market.
- Diversified business model with revenue streams from multiple sectors.
- Property portfolio generating stable rental income.
- Experienced management team.
Bear Case
- Small market capitalization limits access to capital.
- Profit margin is relatively low compared to industry peers.
- Dependence on the construction industry makes it vulnerable to economic cycles.
- Limited geographic diversification.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Dec 2025 | $168M | -$19M | -$0.04 |
| Jun 2025 | $176M | $37M | $0.07 |
| Dec 2024 | $176M | -$15M | -$0.03 |
| Jun 2024 | $196M | $35M | $0.07 |
Based on FMP financials and quantitative analysis
LKSGF Latest News
No recent news available for LKSGF.
Leadership: Yan Luk
Managing Director
Yan Luk serves as the Managing Director of Luks Group (Vietnam Holdings) Company Limited, overseeing the company's diverse operations across cement manufacturing, property investment, hotel operations, and property development. His leadership guides the strategic direction of the company, managing a workforce of 820 employees.
Track Record: Under Yan Luk's leadership, Luks Group has maintained its presence in the Vietnamese cement market and continued to diversify its business interests. Specific achievements and strategic decisions made during his tenure are not available. However, the company's continued operation and diversification efforts reflect his ongoing management of the company's various business segments.
LKSGF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Luks Group (Vietnam Holdings) Company Limited may not meet the minimum financial standards or reporting requirements of higher tiers like OTCQX or OTCQB. Companies in this tier may have limited or no financial disclosure, making it difficult for investors to assess their financial health and operational performance. Investing in OTC Other stocks carries a higher degree of risk compared to stocks listed on major exchanges like the NYSE or NASDAQ.
- OTC Tier: OTC Other
- Limited or no financial disclosure increases information asymmetry and the risk of fraud.
- Low liquidity can make it difficult to buy or sell shares at desired prices.
- Lack of regulatory oversight increases the potential for market manipulation.
- Higher price volatility compared to stocks listed on major exchanges.
- Potential for delisting or suspension of trading due to non-compliance with OTC requirements.
- Verify the company's registration and legal status.
- Obtain and review any available financial statements or reports.
- Assess the company's business model and competitive landscape.
- Evaluate the management team's experience and track record.
- Understand the risks associated with investing in OTC stocks.
- Monitor trading activity and price movements closely.
- Consult with a financial advisor before making any investment decisions.
- The company has been in operation since 1975.
- The company has a diversified business model with multiple revenue streams.
- The company operates a hotel in Hong Kong.
- The company manufactures and sells cement products under the KIM DINH brand.
What Investors Ask About Luks Group (Vietnam Holdings) Company Limited (LKSGF) — Basic Materials
What happened to Luks Group (Vietnam Holdings) Company Limited (LKSGF) stock?
Luks Group (Vietnam Holdings) Company Limited (LKSGF) no longer trades on public markets. The figures below are historical and are not a current quote.
Can I still buy LKSGF shares?
No. LKSGF stopped trading on public markets, so the shares are not available through a broker. Anything you see quoted for LKSGF elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before LKSGF stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to Luks Group (Vietnam Holdings) Company Limited. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does Luks Group (Vietnam Holdings) Company Limited do?
Luks Group (Vietnam Holdings) Company Limited is an investment holding company that primarily manufactures and sells cement products under the KIM DINH brand to construction sites and retail markets in Vietnam, Hong Kong, and Mainland China.
What are the main risks for LKSGF?
The main risks for Luks Group (Vietnam Holdings) Company Limited include fluctuations in raw material prices, particularly clinker and energy, which can impact profitability. Competition from larger cement manufacturers with greater economies of scale poses a threat. Economic downturns in Vietnam, Hong Kong, and Mainland China could reduce construction activity and demand for cement.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Limited information available for OTC-listed companies.
- Financial data may not be as readily available or reliable as for exchange-listed companies.