Financials Sinopec Kantons Holdings Limited

Equities

934

BMG8165U1009

Oil & Gas Transportation Services

Market Closed - Hong Kong S.E. 04:09:00 2024-05-03 am EDT 5-day change 1st Jan Change
3.83 HKD +1.32% Intraday chart for Sinopec Kantons Holdings Limited -1.29% +13.99%

Valuation

Fiscal Period: December 2019 2020 2021 2024 2025 2026
Capitalization 1 8,155 6,713 7,608 9,522 - -
Enterprise Value (EV) 1 10,468 6,713 7,608 9,522 9,522 9,522
P/E ratio 6.35 x 2.92 x 7.24 x 6.96 x 6.49 x 6.49 x
Yield 6.1% 7.41% 6.54% - - -
Capitalization / Revenue 5.63 x 11.2 x 12 x 14.9 x 14.2 x 13.5 x
EV / Revenue 5.63 x 11.2 x 12 x 14.9 x 14.2 x 13.5 x
EV / EBITDA 8.79 x 14.2 x 20.4 x 7.05 x 6.39 x 6.42 x
EV / FCF 10,957,828 x - 4,479,488 x - - -
FCF Yield 0% - 0% - - -
Price to Book 0.67 x 0.46 x 0.5 x 0.59 x 0.57 x 0.55 x
Nbr of stocks (in thousands) 2,486,160 2,486,160 2,486,160 2,486,160 - -
Reference price 2 3.280 2.700 3.060 3.830 3.830 3.830
Announcement Date 3/25/20 3/23/21 3/24/22 - - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2024 2025 2026
Net sales 1 1,447 601.2 636.5 641 672 706
EBITDA 1 927.4 472.8 373.6 1,351 1,490 1,483
EBIT 1 533.4 325.9 209.2 119 136 140
Operating Margin 36.85% 54.21% 32.87% 18.56% 20.24% 19.83%
Earnings before Tax (EBT) 1 1,494 1,387 1,157 1,492 1,582 1,584
Net income 1 1,285 2,302 1,050 1,372 1,455 1,457
Net margin 88.79% 382.89% 165.02% 214.04% 216.52% 206.37%
EPS 2 0.5169 0.9259 0.4225 0.5500 0.5900 0.5900
Free Cash Flow 744.2 - 1,698 - - -
FCF margin 51.42% - 266.82% - - -
FCF Conversion (EBITDA) 80.25% - 454.53% - - -
FCF Conversion (Net income) 57.91% - 161.68% - - -
Dividend per Share 0.2000 0.2000 0.2000 - - -
Announcement Date 3/25/20 3/23/21 3/24/22 - - -
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2024 2025 2026
Net Debt 2,314 - - - - -
Net Cash position - - - - - -
Leverage (Debt/EBITDA) 2.495 x - - - - -
Free Cash Flow 744 - 1,698 - - -
ROE (net income / shareholders' equity) 10.8% 17.1% 7.94% 8.5% 8.7% 8.4%
ROA (Net income/ Total Assets) 8.08% 14.5% - 8.2% 8.4% 8.1%
Assets 1 15,897 15,856 - 16,732 17,321 17,988
Book Value Per Share 2 4.900 5.900 6.180 6.490 6.760 7.000
Cash Flow per Share 0.3300 0.2700 0.0600 - - -
Capex 1 68.5 223 42.2 100 200 200
Capex / Sales 4.73% 37.15% 6.63% 15.6% 29.76% 28.33%
Announcement Date 3/25/20 3/23/21 3/24/22 - - -
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
3.83 HKD
Average target price
6.2 HKD
Spread / Average Target
+61.88%
Consensus

Annual profits - Rate of surprise

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