Financials E-Commodities Holdings Limited

Equities

1733

VGG2921V1067

Coal

Market Closed - Hong Kong S.E. 04:08:05 2024-05-31 am EDT 5-day change 1st Jan Change
1.74 HKD +2.35% Intraday chart for E-Commodities Holdings Limited -.--% +12.26%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,104 1,049 1,120 3,345 4,289 3,989
Enterprise Value (EV) 1 2,561 3,356 1,505 1,527 3,218 1,990
P/E ratio 1.39 x 3.57 x 2.43 x 1.04 x 2.66 x 1.95 x
Yield 20% - - 25.8% 9.18% 12.6%
Capitalization / Revenue 0.03 x 0.03 x 0.05 x 0.08 x 0.12 x 0.1 x
EV / Revenue 0.08 x 0.11 x 0.07 x 0.04 x 0.09 x 0.05 x
EV / EBITDA 2.37 x 5.89 x 1.87 x 0.34 x 1.42 x 0.71 x
EV / FCF -30.4 x 4.44 x 0.72 x 1.39 x 3.8 x 1.24 x
FCF Yield -3.29% 22.5% 140% 72.1% 26.3% 80.8%
Price to Book 0.34 x 0.32 x 0.29 x 0.46 x 0.6 x 0.49 x
Nbr of stocks (in thousands) 3,066,722 3,041,198 3,026,882 2,858,794 2,714,728 2,573,505
Reference price 2 0.3600 0.3450 0.3700 1.170 1.580 1.550
Announcement Date 4/24/19 4/27/20 4/29/21 4/25/22 4/17/23 4/29/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 32,817 30,052 21,977 41,184 34,414 40,587
EBITDA 1 1,082 569.3 803.6 4,529 2,271 2,800
EBIT 1 1,035 505.1 730.7 4,384 2,099 2,589
Operating Margin 3.15% 1.68% 3.32% 10.64% 6.1% 6.38%
Earnings before Tax (EBT) 1 923.7 325 552.2 4,070 2,039 2,663
Net income 1 879.8 312.4 462.4 3,462 1,666 2,123
Net margin 2.68% 1.04% 2.1% 8.41% 4.84% 5.23%
EPS 2 0.2589 0.0966 0.1520 1.128 0.5938 0.7931
Free Cash Flow 1 -84.25 756.5 2,103 1,101 846.7 1,609
FCF margin -0.26% 2.52% 9.57% 2.67% 2.46% 3.96%
FCF Conversion (EBITDA) - 132.88% 261.7% 24.32% 37.29% 57.47%
FCF Conversion (Net income) - 242.16% 454.82% 31.81% 50.83% 75.8%
Dividend per Share 2 0.0720 - - 0.3020 0.1450 0.1960
Announcement Date 4/24/19 4/27/20 4/29/21 4/25/22 4/17/23 4/29/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 1,457 2,307 385 - - -
Net Cash position 1 - - - 1,817 1,071 1,999
Leverage (Debt/EBITDA) 1.346 x 4.052 x 0.479 x - - -
Free Cash Flow 1 -84.2 757 2,103 1,101 847 1,609
ROE (net income / shareholders' equity) 31.4% 9.99% 13% 61.9% 23.2% 27.4%
ROA (Net income/ Total Assets) 9.22% 3.69% 5.07% 22.7% 9.13% 10.4%
Assets 1 9,537 8,467 9,120 15,252 18,250 20,403
Book Value Per Share 2 1.060 1.070 1.300 2.520 2.630 3.150
Cash Flow per Share 2 0.2300 0.2300 0.2400 1.140 0.8600 1.100
Capex 1 227 282 467 647 633 882
Capex / Sales 0.69% 0.94% 2.13% 1.57% 1.84% 2.17%
Announcement Date 4/24/19 4/27/20 4/29/21 4/25/22 4/17/23 4/29/24
1HKD in Million2HKD
Estimates
  1. Stock Market
  2. Equities
  3. 1733 Stock
  4. Financials E-Commodities Holdings Limited