Financials China Aluminum Cans Holdings Limited

Equities

6898

KYG211551091

Non-Paper Containers & Packaging

Market Closed - Hong Kong S.E. 04:08:16 2024-05-02 am EDT 5-day change 1st Jan Change
0.58 HKD -3.33% Intraday chart for China Aluminum Cans Holdings Limited +1.75% 0.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,046 514 459.9 419.3 342.7 528.7
Enterprise Value (EV) 1 897.7 461.5 368.5 323.9 230.2 463.6
P/E ratio 16.7 x 17.2 x 31.9 x 35.8 x 25.3 x 36.3 x
Yield 1.95% 1.39% 1.75% 0.97% 1.76% 1.19%
Capitalization / Revenue 1.21 x 2.5 x 2.5 x 2.01 x 1.63 x 2.25 x
EV / Revenue 1.04 x 2.24 x 2 x 1.55 x 1.09 x 1.97 x
EV / EBITDA 6.21 x 8.97 x 8.35 x 10.5 x 7.53 x 12.4 x
EV / FCF 11.7 x 13.4 x 11.7 x -49 x 15.4 x 21.1 x
FCF Yield 8.56% 7.49% 8.57% -2.04% 6.5% 4.73%
Price to Book 1.79 x 1.64 x 1.32 x 1.13 x 0.96 x 1.69 x
Nbr of stocks (in thousands) 934,179 901,785 901,785 901,785 901,785 911,607
Reference price 2 1.120 0.5700 0.5100 0.4650 0.3800 0.5800
Announcement Date 3/29/19 4/8/20 4/8/21 4/12/22 4/21/23 4/22/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 861.5 206 183.9 208.9 210.5 235.5
EBITDA 1 144.7 51.46 44.11 30.97 30.55 37.43
EBIT 1 106.7 22.38 24.28 11.09 10.9 20.57
Operating Margin 12.39% 10.87% 13.2% 5.31% 5.18% 8.74%
Earnings before Tax (EBT) 1 110.5 32.18 28.74 20.9 23.1 29.79
Net income 1 79.47 39.18 21.67 18.1 20.51 21.46
Net margin 9.22% 19.02% 11.78% 8.66% 9.74% 9.11%
EPS 2 0.0670 0.0331 0.0160 0.0130 0.0150 0.0160
Free Cash Flow 1 76.86 34.55 31.6 -6.613 14.97 21.93
FCF margin 8.92% 16.77% 17.18% -3.17% 7.11% 9.31%
FCF Conversion (EBITDA) 53.12% 67.14% 71.64% - 48.99% 58.58%
FCF Conversion (Net income) 96.71% 88.17% 145.84% - 72.96% 102.17%
Dividend per Share 2 0.0218 0.007900 0.008900 0.004500 0.006700 0.006900
Announcement Date 3/29/19 4/8/20 4/8/21 4/12/22 4/21/23 4/22/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 149 52.5 91.4 95.5 113 65.1
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 76.9 34.5 31.6 -6.61 15 21.9
ROE (net income / shareholders' equity) 13.7% 5.37% 6.56% 5.05% 5.65% 6.44%
ROA (Net income/ Total Assets) 8.3% 2.4% 4.06% 1.73% 1.71% 3.49%
Assets 1 957.6 1,633 533.5 1,046 1,202 614.6
Book Value Per Share 2 0.6300 0.3500 0.3900 0.4100 0.4000 0.3400
Cash Flow per Share 2 0.2400 0.0600 0.1100 0.1100 0.1300 0.0400
Capex 1 52.2 30.1 12.5 22.8 12 3.01
Capex / Sales 6.06% 14.61% 6.8% 10.9% 5.7% 1.28%
Announcement Date 3/29/19 4/8/20 4/8/21 4/12/22 4/21/23 4/22/24
1HKD in Million2HKD
Estimates
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