Financials China Conch Venture Holdings Limited

Equities

Delayed Hong Kong S.E. Other stock markets 12:38:31 2024-12-09 am EST			5-day change	1st Jan Change
6.830 ^HKD	+1.34%		+2.09%	+5.40%

Oct. 10	China Conch Venture Holdings Limited Announces Resignation of Lee Leong Yin as Joint Company Secretary	CI
Sep. 25	Tranche Update on China Conch Venture Holdings Limited's Equity Buyback Plan announced on October 18, 2023.	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	5,120	6,605	8,350	7,896	8,015	7,229	7,152	6,782
Change	-	28.99%	26.43%	-5.44%	1.51%	-9.81%	-1.06%	-5.18%
EBITDA ¹	1,739	2,160	2,578	2,716	2,864	2,889	3,197	3,200
Change	-	24.2%	19.37%	5.35%	5.44%	0.89%	10.66%	0.09%
EBIT ¹	1,583	1,896	2,122	2,035	1,938	1,915	2,063	1,857
Change	-	19.77%	11.9%	-4.1%	-4.78%	-1.17%	7.72%	-9.95%
Interest Paid ¹	-177.7	-234.4	-311	-599.4	-727.9	-711.5	-683.5	-683
Earnings before Tax (EBT) ¹	7,414	8,053	7,933	4,372	2,872	3,135	3,352	3,517
Change	-	8.62%	-1.48%	-44.89%	-34.31%	9.14%	6.92%	4.92%
Net income ¹	6,996	7,618	7,458	3,852	2,464	2,709	2,886	3,056
Change	-	8.89%	-2.09%	-48.35%	-36.04%	9.96%	6.52%	5.9%
Announcement Date	3/23/20	3/29/21	3/28/22	3/29/23	3/25/24	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	3,195	5,834	10,030	17,705	23,433	-	-	-
Change	-	82.6%	71.92%	76.52%	32.35%	-	-	-
Announcement Date	3/23/20	3/29/21	3/28/22	3/29/23	3/25/24	-	-	-

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
CAPEX ¹	2,670	4,267	6,200	5,364	5,279	2,078	1,328	1,078
Change	-	59.82%	45.28%	-13.48%	-1.58%	-60.65%	-36.1%	-18.83%
Free Cash Flow (FCF) ¹	-	-3,558	-4,916	-	-	-	-	-
Change	-	-	38.15%	-	-	-	-	-
Announcement Date	3/23/20	3/29/21	3/28/22	3/29/23	3/25/24	-	-	-

¹CNY in Million

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Profitability
EBITDA Margin (%)	33.96%	32.7%	30.87%	34.39%	35.73%	39.97%	44.7%	47.18%
EBIT Margin (%)	30.92%	28.71%	25.41%	25.77%	24.17%	26.49%	28.84%	27.39%
EBT Margin (%)	144.79%	121.93%	95.01%	55.37%	35.83%	43.36%	46.86%	51.85%
Net margin (%)	136.63%	115.34%	89.31%	48.78%	30.74%	37.48%	40.35%	45.06%
FCF margin (%)	-	-53.88%	-58.87%	-	-	-	-	-
FCF / Net Income (%)	-	-46.71%	-65.92%	-	-	-	-	-
Profitability
ROA	18.56%	15.78%	12.1%	5.34%	3.16%	2.96%	3.1%	3.19%
ROE	24.29%	20.94%	17.79%	8.55%	5.4%	5.58%	5.77%	5.95%
Financial Health
Leverage (Debt/EBITDA)	1.84x	2.7x	3.89x	6.52x	8.18x	-	-	-
Debt / Free cash flow	-	-1.64x	-2.04x	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	52.15%	64.61%	74.24%	67.93%	65.86%	28.74%	18.56%	15.89%
CAPEX / EBITDA (%)	153.55%	197.6%	240.49%	197.5%	184.35%	71.91%	41.53%	33.67%
CAPEX / FCF (%)	-	-119.92%	-126.11%	-	-	-	-	-
Items per share
Cash flow per share ¹	0.1919	0.3753	0.6817	0.9951	-	1.36	1.41	1.41
Change	-	95.56%	81.65%	45.97%	-	-	3.68%	0%
Dividend per Share ¹	0.5943	0.5917	0.5697	0.3509	0.1844	0.2509	0.2627	0.2864
Change	-	-0.43%	-3.72%	-38.41%	-47.45%	36.09%	4.7%	9.02%
Book Value Per Share ¹	17.65	22.15	24.93	24.74	25.55	27.28	28.66	30.04
Change	-	25.5%	12.55%	-0.74%	3.27%	6.75%	5.04%	4.83%
EPS ¹	3.73	4.06	3.95	2.12	1.36	1.446	1.517	1.547
Change	-	8.85%	-2.71%	-46.33%	-35.85%	6.36%	4.88%	1.95%
Nbr of stocks (in thousands)	1,804,750	1,804,750	1,826,765	1,812,985	1,809,946	1,792,041	1,792,041	1,792,041
Announcement Date	3/23/20	3/29/21	3/28/22	3/29/23	3/25/24	-	-	-