Financials Ruixin International Holdings Limited

Equities

724

BMG7713S3024

Electronic Equipment & Parts

Delayed Hong Kong S.E. 03:47:14 2024-05-23 am EDT 5-day change 1st Jan Change
0.11 HKD +4.76% Intraday chart for Ruixin International Holdings Limited +0.92% -34.52%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 218.4 42.85 34.45 31.09 14.45 14.11
Enterprise Value (EV) 1 299.2 161.8 177.8 201.1 154 173.3
P/E ratio -2.1 x -0.71 x -0.61 x -0.57 x -0.25 x -0.19 x
Yield - - - - - -
Capitalization / Revenue 0.49 x 0.13 x 0.1 x 0.1 x 0.07 x 0.19 x
EV / Revenue 0.67 x 0.49 x 0.5 x 0.66 x 0.8 x 2.34 x
EV / EBITDA -5.28 x -4.69 x -7.19 x -6.07 x -3.84 x -3.21 x
EV / FCF 1,176 x -18.4 x -32.1 x -17.1 x -40.7 x 55.7 x
FCF Yield 0.09% -5.42% -3.12% -5.85% -2.46% 1.79%
Price to Book 3.22 x 6.67 x -0.71 x -0.3 x -0.14 x -0.08 x
Nbr of stocks (in thousands) 84,017 84,017 84,017 84,017 84,017 84,017
Reference price 2 2.600 0.5100 0.4100 0.3700 0.1720 0.1680
Announcement Date 4/25/19 4/23/20 4/29/21 4/28/22 4/27/23 4/29/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 445.9 332.7 358.5 303.5 192.7 74.03
EBITDA 1 -56.65 -34.47 -24.71 -33.14 -40.06 -53.98
EBIT 1 -67.91 -46.03 -35.18 -35.72 -40.61 -54.01
Operating Margin -15.23% -13.83% -9.81% -11.77% -21.07% -72.96%
Earnings before Tax (EBT) 1 -85.88 -60.28 -56.38 -53.93 -58.17 -74.92
Net income 1 -85.88 -60.28 -56.38 -54.15 -58.18 -74.92
Net margin -19.26% -18.12% -15.73% -17.84% -30.18% -101.19%
EPS 2 -1.236 -0.7175 -0.6711 -0.6445 -0.6925 -0.8917
Free Cash Flow 1 0.2544 -8.768 -5.542 -11.76 -3.785 3.109
FCF margin 0.06% -2.63% -1.55% -3.87% -1.96% 4.2%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/25/19 4/23/20 4/29/21 4/28/22 4/27/23 4/29/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 80.8 119 143 170 140 159
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -1.426 x -3.45 x -5.8 x -5.13 x -3.482 x -2.949 x
Free Cash Flow 1 0.25 -8.77 -5.54 -11.8 -3.79 3.11
ROE (net income / shareholders' equity) -238% -162% 266% 71.5% 55.6% 53%
ROA (Net income/ Total Assets) -15.3% -12.6% -9.53% -13.4% -29.2% -93%
Assets 1 561.7 477.2 591.7 404.5 199 80.52
Book Value Per Share 2 0.8100 0.0800 -0.5800 -1.220 -1.270 -2.090
Cash Flow per Share 2 0.3700 0.1300 0.0900 0.1100 0.0800 0.0900
Capex 1 3.18 13.5 0.15 0.51 0.14 0.1
Capex / Sales 0.71% 4.06% 0.04% 0.17% 0.07% 0.14%
Announcement Date 4/25/19 4/23/20 4/29/21 4/28/22 4/27/23 4/29/24
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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