Financials Beijing Capital Grand Limited

Equities

1329

KYG1146G1001

Real Estate Development & Operations

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.158 HKD -12.22% Intraday chart for Beijing Capital Grand Limited -28.18% -77.43%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 4,138 3,579 2,937 1,951 2,076 1,305
Enterprise Value (EV) 1 6,848 8,588 10,024 10,897 12,118 12,083
P/E ratio 40.6 x -17.6 x -12.8 x -5.89 x -9.25 x -3.32 x
Yield - - - - - -
Capitalization / Revenue 8.09 x 2.92 x 1.58 x 1.91 x 1.55 x 1.16 x
EV / Revenue 13.4 x 7.02 x 5.38 x 10.6 x 9.04 x 10.7 x
EV / EBITDA 56.7 x -246 x 25.8 x -147 x 37.6 x 71.7 x
EV / FCF 44.3 x 10.4 x -335 x -17 x -62.8 x -39.7 x
FCF Yield 2.26% 9.64% -0.3% -5.88% -1.59% -2.52%
Price to Book 0.73 x 0.66 x 0.56 x 0.39 x 0.44 x 0.3 x
Nbr of stocks (in thousands) 2,547,652 2,547,652 2,547,652 2,547,652 2,547,652 2,547,652
Reference price 2 1.624 1.405 1.153 0.7659 0.8148 0.5122
Announcement Date 3/9/18 3/18/19 3/19/20 4/1/21 3/25/22 4/3/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 511.5 1,224 1,865 1,024 1,341 1,124
EBITDA 1 120.9 -34.84 387.9 -74.26 322.4 168.4
EBIT 1 88.14 -43.95 375 -91.59 307 154.3
Operating Margin 17.23% -3.59% 20.11% -8.94% 22.89% 13.72%
Earnings before Tax (EBT) 1 266.4 39.19 61.12 -198.4 -46.14 -288
Net income 1 113.2 -197.7 -223.5 -320.4 -224.3 -393.3
Net margin 22.12% -16.15% -11.99% -31.29% -16.73% -34.99%
EPS 2 0.0400 -0.0800 -0.0900 -0.1300 -0.0881 -0.1544
Free Cash Flow 1 154.6 828 -29.88 -641 -193.1 -304.5
FCF margin 30.22% 67.65% -1.6% -62.6% -14.4% -27.09%
FCF Conversion (EBITDA) 127.91% - - - - -
FCF Conversion (Net income) 136.61% - - - - -
Dividend per Share - - - - - -
Announcement Date 3/9/18 3/18/19 3/19/20 4/1/21 3/25/22 4/3/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 2,710 5,009 7,087 8,946 10,042 10,778
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 22.42 x -143.8 x 18.27 x -120.5 x 31.15 x 63.99 x
Free Cash Flow 1 155 828 -29.9 -641 -193 -305
ROE (net income / shareholders' equity) 2.01% -3.53% -4.13% -6.18% -4.58% -8.56%
ROA (Net income/ Total Assets) 0.47% -0.18% 1.32% -0.32% 1.03% 0.5%
Assets 1 24,133 109,771 -16,889 101,119 -21,838 -79,244
Book Value Per Share 2 2.230 2.140 2.060 1.940 1.860 1.700
Cash Flow per Share 2 0.7000 1.340 0.8400 0.3300 0.2800 0.4500
Capex 1 55.1 9.55 38.6 5.58 25.7 17.1
Capex / Sales 10.76% 0.78% 2.07% 0.54% 1.92% 1.52%
Announcement Date 3/9/18 3/18/19 3/19/20 4/1/21 3/25/22 4/3/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Chiffre d''affaires - Rate of surprise

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