Market Closed -
Hong Kong S.E.
04:08:05 2024-05-31 am EDT
|
5-day change
|
1st Jan Change
|
11
HKD
|
-4.18%
|
|
-7.09%
|
+1.85%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
6,861
|
10,972
|
10,304
|
9,264
|
5,903
|
5,928
|
-
|
-
|
Enterprise Value (EV)
1 |
8,547
|
12,752
|
12,914
|
12,953
|
10,880
|
10,417
|
10,534
|
11,841
|
P/E ratio
|
28
x
|
39.8
x
|
30.7
x
|
16.1
x
|
27.7
x
|
14.6
x
|
11.3
x
|
9.01
x
|
Yield
|
-
|
-
|
-
|
1.53%
|
-
|
2.07%
|
2.29%
|
2.77%
|
Capitalization / Revenue
|
19.2
x
|
28.3
x
|
25.5
x
|
11.3
x
|
6.77
x
|
6.64
x
|
6.01
x
|
5.2
x
|
EV / Revenue
|
23.9
x
|
32.8
x
|
31.9
x
|
15.8
x
|
12.5
x
|
11.7
x
|
10.7
x
|
10.4
x
|
EV / EBITDA
|
23.8
x
|
27.4
x
|
19.4
x
|
12.1
x
|
12.6
x
|
10.9
x
|
9.67
x
|
8.92
x
|
EV / FCF
|
-16.9
x
|
-
|
-17.4
x
|
-18.4
x
|
-59.3
x
|
10.4
x
|
14.2
x
|
19
x
|
FCF Yield
|
-5.9%
|
-
|
-5.76%
|
-5.43%
|
-1.69%
|
9.61%
|
7.06%
|
5.27%
|
Price to Book
|
2.27
x
|
3.04
x
|
2.48
x
|
1.05
x
|
0.72
x
|
0.71
x
|
0.69
x
|
0.62
x
|
Nbr of stocks (in thousands)
|
3,036,585
|
3,059,815
|
3,048,604
|
4,416,614
|
4,267,622
|
4,212,496
|
-
|
-
|
Reference price
2 |
2.259
|
3.586
|
3.380
|
2.097
|
1.383
|
1.469
|
1.469
|
1.469
|
Announcement Date
|
3/22/20
|
3/25/21
|
3/24/22
|
3/22/23
|
3/21/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
357.4
|
388.3
|
404.4
|
821.2
|
871.3
|
893.2
|
986.6
|
1,139
|
EBITDA
1 |
358.9
|
466.1
|
664.2
|
1,069
|
866.2
|
955.3
|
1,089
|
1,328
|
EBIT
1 |
342.6
|
449
|
479
|
794
|
835
|
883.9
|
942.5
|
1,089
|
Operating Margin
|
95.86%
|
115.61%
|
118.44%
|
96.69%
|
95.83%
|
98.96%
|
95.53%
|
95.64%
|
Earnings before Tax (EBT)
1 |
360.3
|
410.7
|
488.8
|
815.1
|
394.2
|
613.8
|
716.7
|
934.3
|
Net income
1 |
245.2
|
286.5
|
349.4
|
574.1
|
230.8
|
410.9
|
516.3
|
619
|
Net margin
|
68.61%
|
73.77%
|
86.4%
|
69.92%
|
26.49%
|
46.01%
|
52.33%
|
54.35%
|
EPS
2 |
0.0807
|
0.0900
|
0.1100
|
0.1300
|
0.0500
|
0.1003
|
0.1302
|
0.1631
|
Free Cash Flow
1 |
-504.4
|
-
|
-743.4
|
-703.7
|
-183.4
|
1,001
|
743.5
|
623.7
|
FCF margin
|
-141.14%
|
-
|
-183.82%
|
-85.7%
|
-21.05%
|
112.07%
|
75.36%
|
54.75%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
104.79%
|
68.27%
|
46.98%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
243.59%
|
144.01%
|
100.75%
|
Dividend per Share
2 |
-
|
-
|
-
|
0.0320
|
-
|
0.0303
|
0.0337
|
0.0407
|
Announcement Date
|
3/22/20
|
3/25/21
|
3/24/22
|
3/22/23
|
3/21/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
201.6
|
197.6
|
190.7
|
204.4
|
200
|
431.7
|
389.4
|
455.4
|
415.9
|
460
|
487.9
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
154.9
|
-
|
-
|
325.2
|
526.7
|
308.3
|
411.1
|
562.6
|
Operating Margin
|
-
|
-
|
-
|
75.8%
|
-
|
-
|
83.5%
|
115.66%
|
74.12%
|
89.39%
|
115.32%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
-
|
-
|
-
|
-
|
380.6
|
-
|
289
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
88.16%
|
-
|
63.45%
|
-
|
-
|
-
|
EPS
2 |
-
|
-
|
-
|
0.0700
|
0.0400
|
0.0800
|
0.0500
|
0.0600
|
-0.0100
|
0.0400
|
0.0600
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/22/20
|
8/27/20
|
3/25/21
|
8/19/21
|
3/24/22
|
8/25/22
|
3/22/23
|
9/22/23
|
3/21/24
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,687
|
1,780
|
2,610
|
3,690
|
4,978
|
4,490
|
4,606
|
5,913
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
4.699
x
|
3.819
x
|
3.929
x
|
3.453
x
|
5.747
x
|
4.7
x
|
4.23
x
|
4.454
x
|
Free Cash Flow
1 |
-504
|
-
|
-743
|
-704
|
-183
|
1,001
|
744
|
624
|
ROE (net income / shareholders' equity)
|
9.58%
|
8.12%
|
9.01%
|
8.85%
|
2.68%
|
5.02%
|
5.86%
|
7.27%
|
ROA (Net income/ Total Assets)
|
4.55%
|
4.08%
|
4.11%
|
4.5%
|
1.43%
|
2.54%
|
2.9%
|
3.9%
|
Assets
1 |
5,392
|
7,020
|
8,513
|
12,768
|
16,195
|
16,179
|
17,803
|
15,873
|
Book Value Per Share
2 |
1.000
|
1.180
|
1.360
|
2.000
|
1.920
|
2.050
|
2.140
|
2.370
|
Cash Flow per Share
2 |
0.0800
|
0.0300
|
0.0200
|
0.0200
|
0.0300
|
0.1000
|
0.1100
|
0.1400
|
Capex
1 |
733
|
311
|
819
|
783
|
326
|
54
|
58.5
|
100
|
Capex / Sales
|
205.11%
|
80.19%
|
202.41%
|
95.34%
|
37.43%
|
6.05%
|
5.93%
|
8.78%
|
Announcement Date
|
3/22/20
|
3/25/21
|
3/24/22
|
3/22/23
|
3/21/24
|
-
|
-
|
-
|
Last Close Price
1.407
USD Average target price
1.975
USD Spread / Average Target +40.41% Consensus |
1st Jan change
|
Capi.
|
---|
| +1.85% | 6.19B | | +22.79% | 92.14B | | -9.20% | 90.59B | | +17.49% | 27.84B | | -0.44% | 18.94B | | +14.69% | 15.57B | | +5.19% | 15.33B | | -21.32% | 12.13B | | +21.38% | 10.07B | | +21.20% | 9.61B |
Investment Management
|