ASIA DRAGON TRUST PLC |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 368 GBX | +1.94% |
|
+4.25% | +4.25% |
| Apr. 23 | Asia Dragon underperforms benchmark as Chinese equities falter | AN |
| Apr. 23 | Asia Dragon Trust plc Reports Earnings Results for the Half Year Ended February 29, 2024 | CI |
Valuation
| Fiscal Period: August | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 691.7 | 518.2 | 525.7 | 638.8 | 533.8 | 401.5 |
| Enterprise Value (EV) 1 | 708.4 | 539 | 545.3 | 698.8 | 588.7 | 430.6 |
| P/E ratio | 69.5 x | 16.8 x | 20.9 x | 5.3 x | -9 x | -3.98 x |
| Yield | 1.08% | 1.18% | 1.14% | 1.27% | 1.46% | 1.87% |
| Capitalization / Revenue | 34 x | 11.4 x | 16.1 x | 4.81 x | -9.84 x | -4.26 x |
| EV / Revenue | 34.8 x | 11.8 x | 16.7 x | 5.27 x | -10.8 x | -4.57 x |
| EV / EBITDA | - | - | - | - | - | - |
| EV / FCF | 60.5 x | 23 x | 30.2 x | 9.43 x | -17.7 x | -6.62 x |
| FCF Yield | 1.65% | 4.35% | 3.31% | 10.6% | -5.65% | -15.1% |
| Price to Book | 0.88 x | 0.88 x | 0.88 x | 0.9 x | 0.87 x | 0.84 x |
| Nbr of stocks (in thousands) | 186,938 | 128,749 | 126,358 | 124,766 | 119,686 | 113,745 |
| Reference price 2 | 3.700 | 4.025 | 4.160 | 5.120 | 4.460 | 3.530 |
| Announcement Date | 11/15/18 | 11/1/19 | 10/29/20 | 10/29/21 | 11/14/22 | 10/30/23 |
1GBP in Million2GBP
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: August | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 20.36 | 45.66 | 32.58 | 132.7 | -54.26 | -94.22 |
| EBITDA | - | - | - | - | - | - |
| EBIT 1 | 13.88 | 40.36 | 27.5 | 126.8 | -59.62 | -99.11 |
| Operating Margin | 68.14% | 88.39% | 84.41% | 95.58% | 109.88% | 105.19% |
| Earnings before Tax (EBT) 1 | 12.55 | 37.94 | 26.01 | 125.5 | -60.26 | -102.4 |
| Net income 1 | 10.14 | 36.44 | 25.46 | 121.2 | -60.52 | -103.7 |
| Net margin | 49.8% | 79.81% | 78.15% | 91.34% | 111.54% | 110.1% |
| EPS 2 | 0.0533 | 0.2390 | 0.1994 | 0.9660 | -0.4953 | -0.8866 |
| Free Cash Flow 1 | 11.71 | 23.43 | 18.07 | 74.11 | -33.26 | -65.07 |
| FCF margin | 57.52% | 51.32% | 55.46% | 55.86% | 61.31% | 69.06% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | 115.5% | 64.31% | 70.96% | 61.16% | - | - |
| Dividend per Share 2 | 0.0400 | 0.0475 | 0.0475 | 0.0650 | 0.0650 | 0.0660 |
| Announcement Date | 11/15/18 | 11/1/19 | 10/29/20 | 10/29/21 | 11/14/22 | 10/30/23 |
1GBP in Million2GBP
Estimates
Balance Sheet Analysis
| Fiscal Period: August | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 16.7 | 20.8 | 19.6 | 60 | 54.9 | 29.1 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | 11.7 | 23.4 | 18.1 | 74.1 | -33.3 | -65.1 |
| ROE (net income / shareholders' equity) | 1.27% | 5.29% | 4.28% | 18.6% | -9.16% | -19% |
| ROA (Net income/ Total Assets) | 1.04% | 3.5% | 2.73% | 11.2% | -5.11% | -10.3% |
| Assets 1 | 976.9 | 1,040 | 933.2 | 1,081 | 1,184 | 1,008 |
| Book Value Per Share 2 | 4.220 | 4.580 | 4.740 | 5.670 | 5.130 | 4.210 |
| Cash Flow per Share 2 | 0.0500 | 0.0800 | 0.0900 | 0.0400 | 0.0400 | 0.1000 |
| Capex | - | - | - | - | - | - |
| Capex / Sales | - | - | - | - | - | - |
| Announcement Date | 11/15/18 | 11/1/19 | 10/29/20 | 10/29/21 | 11/14/22 | 10/30/23 |
1GBP in Million2GBP
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Sell
Buy
Mean consensus
SELL
Number of Analysts
1
Last Close Price
3.68
Average target price
-
| 1st Jan change | Capi. | |
|---|---|---|
| +4.25% | 729M | |
| +3.27% | 14.32B | |
| +3.12% | 6.21B | |
| +12.72% | 4.4B | |
| +10.97% | 4.36B | |
| -7.52% | 4B | |
| +3.61% | 3.51B | |
| +8.55% | 3.22B | |
| +7.91% | 3.06B | |
| -1.91% | 2.77B |
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