Financials BetterLife Holding Limited

Equities

6909

KYG1226F1054

Auto Vehicles, Parts & Service Retailers

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.65 HKD +1.56% Intraday chart for BetterLife Holding Limited +30.00% -25.29%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 3,028 1,897 492.2
Enterprise Value (EV) 1 2,030 2,052 356.7
P/E ratio 5.64 x 11.1 x 8.66 x
Yield 4.52% 0.98% 3.79%
Capitalization / Revenue 0.3 x 0.19 x 0.05 x
EV / Revenue 0.2 x 0.2 x 0.03 x
EV / EBITDA 3.23 x 4.46 x 1.15 x
EV / FCF 33,858,851 x -4,380,325 x 1,567,092 x
FCF Yield 0% -0% 0%
Price to Book 1.17 x 0.71 x 0.18 x
Nbr of stocks (in thousands) 622,500 622,500 622,500
Reference price 2 4.864 3.047 0.7907
Announcement Date 4/21/22 4/17/23 4/8/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 14,416 8,179 8,533 9,963 10,082 10,728
EBITDA 1 646.4 326.1 377.8 629 460.4 309
EBIT 1 475.9 246.2 292.8 526.6 326.3 156.8
Operating Margin 3.3% 3.01% 3.43% 5.29% 3.24% 1.46%
Earnings before Tax (EBT) 1 731.9 330.2 420.2 727.3 321.4 133.4
Net income 1 354.8 159.9 235 456 171.5 56.81
Net margin 2.46% 1.95% 2.75% 4.58% 1.7% 0.53%
EPS - 0.3552 0.5222 0.8626 0.2755 0.0913
Free Cash Flow - 268.5 646.9 59.95 -468.4 227.6
FCF margin - 3.28% 7.58% 0.6% -4.65% 2.12%
FCF Conversion (EBITDA) - 82.33% 171.22% 9.53% - 73.66%
FCF Conversion (Net income) - 167.97% 275.27% 13.15% - 400.64%
Dividend per Share - - - 0.2200 0.0300 0.0300
Announcement Date 1/20/21 1/20/21 6/30/21 4/21/22 4/17/23 4/8/24
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 839 490 - - 155 -
Net Cash position 1 - - 205 998 - 136
Leverage (Debt/EBITDA) 1.297 x 1.504 x - - 0.3364 x -
Free Cash Flow - 269 647 60 -468 228
ROE (net income / shareholders' equity) - 16.1% 19.3% 24.9% 8.61% 2.95%
ROA (Net income/ Total Assets) - 4.58% 5.79% 9.14% 4.53% 2.05%
Assets 1 - 3,493 4,062 4,988 3,784 2,768
Book Value Per Share - 2.870 3.400 4.160 4.270 4.330
Cash Flow per Share - 0.8800 0.5300 2.170 1.150 1.390
Capex 1 184 141 130 182 402 184
Capex / Sales 1.27% 1.72% 1.52% 1.83% 3.99% 1.72%
Announcement Date 1/20/21 1/20/21 6/30/21 4/21/22 4/17/23 4/8/24
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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