Market Closed -
Hong Kong S.E.
04:08:20 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
1.65
HKD
|
+0.61%
|
|
+1.85%
|
-8.33%
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
6,004
|
5,135
|
7,469
|
21,277
|
14,839
|
11,110
|
11,110
|
-
|
Enterprise Value (EV)
1 |
52,778
|
58,399
|
58,742
|
76,015
|
66,977
|
11,900
|
69,310
|
112,611
|
P/E ratio
|
5.49
x
|
6.26
x
|
8.05
x
|
16.2
x
|
5.07
x
|
5.31
x
|
4.36
x
|
3.86
x
|
Yield
|
2.42%
|
4.25%
|
2.92%
|
1.03%
|
2.45%
|
3.16%
|
4.79%
|
5.01%
|
Capitalization / Revenue
|
0.72
x
|
0.62
x
|
0.8
x
|
1.83
x
|
1.19
x
|
0.93
x
|
0.83
x
|
0.7
x
|
EV / Revenue
|
6.34
x
|
7.02
x
|
6.27
x
|
6.54
x
|
5.36
x
|
0.93
x
|
5.18
x
|
7.08
x
|
EV / EBITDA
|
7.35
x
|
8.23
x
|
7.66
x
|
8.43
x
|
5.98
x
|
1.12
x
|
6.26
x
|
9.52
x
|
EV / FCF
|
331
x
|
-59.9
x
|
-15.7
x
|
-34.4
x
|
10.7
x
|
-84.1
x
|
-61.9
x
|
2,396
x
|
FCF Yield
|
0.3%
|
-1.67%
|
-6.38%
|
-2.91%
|
9.34%
|
-1.19%
|
-1.61%
|
0.04%
|
Price to Book
|
0.49
x
|
0.46
x
|
0.31
x
|
0.78
x
|
0.49
x
|
0.6
x
|
0.55
x
|
0.48
x
|
Nbr of stocks (in thousands)
|
7,273,701
|
7,273,701
|
7,273,701
|
7,273,701
|
7,273,701
|
7,273,701
|
7,273,701
|
-
|
Reference price
2 |
0.8254
|
0.7060
|
1.027
|
2.925
|
2.040
|
1.527
|
1.527
|
1.527
|
Announcement Date
|
3/27/19
|
3/30/20
|
3/30/21
|
3/30/22
|
3/28/23
|
3/26/24
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
8,319
|
8,325
|
9,372
|
11,625
|
12,499
|
12,802
|
13,370
|
15,898
|
EBITDA
1 |
7,182
|
7,092
|
7,670
|
9,016
|
11,206
|
10,602
|
11,065
|
11,830
|
EBIT
1 |
3,785
|
3,527
|
3,922
|
4,571
|
6,207
|
5,307
|
5,741
|
6,129
|
Operating Margin
|
45.5%
|
42.36%
|
41.85%
|
39.32%
|
49.66%
|
41.45%
|
42.94%
|
38.55%
|
Earnings before Tax (EBT)
1 |
1,729
|
1,440
|
1,879
|
2,462
|
4,344
|
3,623
|
4,027
|
4,472
|
Net income
1 |
1,209
|
936.4
|
1,187
|
1,311
|
2,929
|
2,240
|
2,751
|
3,022
|
Net margin
|
14.54%
|
11.25%
|
12.66%
|
11.27%
|
23.43%
|
17.49%
|
20.57%
|
19.01%
|
EPS
2 |
0.1503
|
0.1128
|
0.1275
|
0.1802
|
0.4027
|
0.3079
|
0.3500
|
0.3954
|
Free Cash Flow
1 |
159.6
|
-974.5
|
-3,748
|
-2,210
|
6,257
|
-794
|
-1,119
|
47
|
FCF margin
|
1.92%
|
-11.71%
|
-39.99%
|
-19.01%
|
50.06%
|
-6.06%
|
-8.37%
|
0.3%
|
FCF Conversion (EBITDA)
|
2.22%
|
-
|
-
|
-
|
55.83%
|
-
|
-
|
0.4%
|
FCF Conversion (Net income)
|
13.19%
|
-
|
-
|
-
|
213.62%
|
-
|
-
|
1.56%
|
Dividend per Share
2 |
0.0200
|
0.0300
|
0.0300
|
0.0300
|
0.0500
|
0.0483
|
0.0731
|
0.0765
|
Announcement Date
|
3/27/19
|
3/30/20
|
3/30/21
|
3/30/22
|
3/28/23
|
3/26/24
|
-
|
-
|
Fiscal Period: December |
2019 S1
|
2020 S1
|
2021 S1
|
2024 Q1
|
---|
Net sales
|
4,492
|
4,822
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
EBIT
|
2,280
|
2,525
|
-
|
-
|
Operating Margin
|
50.75%
|
52.37%
|
-
|
-
|
Earnings before Tax (EBT)
|
1,230
|
1,450
|
-
|
-
|
Net income
1 |
883.3
|
991.8
|
1,412
|
1,100
|
Net margin
|
19.66%
|
20.57%
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/27/19
|
8/25/20
|
8/24/21
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
1 |
46,775
|
53,263
|
51,274
|
54,738
|
52,138
|
55,646
|
58,200
|
101,502
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
6.512
x
|
7.51
x
|
6.685
x
|
6.071
x
|
4.653
x
|
4.92
x
|
5.26
x
|
8.58
x
|
Free Cash Flow
1 |
160
|
-975
|
-3,748
|
-2,210
|
6,257
|
-794
|
-1,119
|
47
|
ROE (net income / shareholders' equity)
|
10.2%
|
8.02%
|
6.76%
|
7.13%
|
10%
|
13.9%
|
10.8%
|
11.8%
|
ROA (Net income/ Total Assets)
|
1.67%
|
1.21%
|
1.4%
|
1.93%
|
2.93%
|
2.8%
|
2.55%
|
2.67%
|
Assets
1 |
72,481
|
77,219
|
84,966
|
67,816
|
99,910
|
101,536
|
107,751
|
113,371
|
Book Value Per Share
2 |
1.690
|
1.520
|
3.300
|
3.740
|
4.150
|
2.540
|
2.780
|
3.170
|
Cash Flow per Share
2 |
0.7300
|
0.7400
|
0.7500
|
0.8300
|
1.820
|
1.220
|
1.260
|
1.880
|
Capex
1 |
5,146
|
6,349
|
9,238
|
8,212
|
6,975
|
9,845
|
8,886
|
9,230
|
Capex / Sales
|
61.86%
|
76.27%
|
98.57%
|
70.64%
|
55.8%
|
75.08%
|
66.46%
|
58.06%
|
Announcement Date
|
3/27/19
|
3/30/20
|
3/30/21
|
3/30/22
|
3/28/23
|
3/26/24
|
-
|
-
|
Last Close Price
1.527
CNY Average target price
1.831
CNY Spread / Average Target +19.89% Consensus |
1st Jan change
|
Capi.
|
---|
| -8.33% | 1.53B | | +13.13% | 34.31B | | +12.05% | 24.02B | | -30.63% | 14.05B | | -12.22% | 6.33B | | -1.85% | 4.82B | | -13.37% | 3.89B | | -14.83% | 3.83B | | +8.47% | 2.91B | | -.--% | 2.89B |
Renewable IPPs
|