Financials Chin Hin Group

Equities

CHINHIN

MYL5273OO007

Construction Supplies & Fixtures

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
5 MYR +0.81% Intraday chart for Chin Hin Group +2.25% +41.64%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 673.2 399.8 396 784.5 2,309 5,715
Enterprise Value (EV) 1 1,006 865.5 854.9 1,148 3,012 6,459
P/E ratio 21.3 x 17.6 x 24 x 36.4 x 66.9 x 59 x
Yield 2.9% 2.07% 2.79% 1.43% 0.38% 0.15%
Capitalization / Revenue 0.66 x 0.36 x 0.37 x 0.81 x 2.01 x 3.51 x
EV / Revenue 0.99 x 0.78 x 0.81 x 1.18 x 2.62 x 3.96 x
EV / EBITDA 14.8 x 13.3 x 12.6 x 27.7 x 56.9 x 124 x
EV / FCF -21.1 x -11.1 x -18.4 x 25.6 x -40.3 x -57.7 x
FCF Yield -4.74% -9.02% -5.43% 3.91% -2.48% -1.73%
Price to Book 1.68 x 0.96 x 0.94 x 1.74 x 4.47 x 10.1 x
Nbr of stocks (in thousands) 1,669,164 1,654,352 1,650,204 1,669,164 1,769,414 1,769,414
Reference price 2 0.4033 0.2417 0.2400 0.4700 1.305 3.230
Announcement Date 4/30/18 4/30/19 6/16/20 4/30/21 4/29/22 4/28/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 1,015 1,105 1,056 968.8 1,150 1,630
EBITDA 1 68.22 64.95 67.99 41.51 52.93 51.92
EBIT 1 49.86 42.91 41.29 13.25 24.37 22.67
Operating Margin 4.91% 3.88% 3.91% 1.37% 2.12% 1.39%
Earnings before Tax (EBT) 1 39.46 33.75 22.92 25.11 41.74 116.6
Net income 1 29.75 22.95 18.05 21.26 30.7 96.83
Net margin 2.93% 2.08% 1.71% 2.19% 2.67% 5.94%
EPS 2 0.0189 0.0137 0.0100 0.0129 0.0195 0.0547
Free Cash Flow 1 -47.68 -78.04 -46.39 44.84 -74.76 -112
FCF margin -4.7% -7.06% -4.39% 4.63% -6.5% -6.87%
FCF Conversion (EBITDA) - - - 108.03% - -
FCF Conversion (Net income) - - - 210.93% - -
Dividend per Share 2 0.0117 0.005000 0.006700 0.006700 0.005000 0.005000
Announcement Date 4/30/18 4/30/19 6/16/20 4/30/21 4/29/22 4/28/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 333 466 459 363 703 744
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.883 x 7.17 x 6.749 x 8.754 x 13.27 x 14.33 x
Free Cash Flow 1 -47.7 -78 -46.4 44.8 -74.8 -112
ROE (net income / shareholders' equity) 8.17% 5.89% 3.64% 3.9% 5.81% 15.6%
ROA (Net income/ Total Assets) 3.48% 2.52% 2.22% 0.74% 1.07% 0.74%
Assets 1 853.6 909.2 814.3 2,878 2,872 13,088
Book Value Per Share 2 0.2400 0.2500 0.2600 0.2700 0.2900 0.3200
Cash Flow per Share 2 0.0300 0.0300 0.0300 0.0300 0.0500 0.0700
Capex 1 73.3 56.1 45.8 12.5 13.2 18.7
Capex / Sales 7.22% 5.08% 4.34% 1.29% 1.15% 1.15%
Announcement Date 4/30/18 4/30/19 6/16/20 4/30/21 4/29/22 4/28/23
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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