Market Closed -
Hong Kong S.E.
04:08:20 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
2.33
HKD
|
+3.10%
|
|
+4.95%
|
-13.06%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
31,956
|
34,438
|
8,647
|
11,975
|
4,699
|
4,699
|
-
|
Enterprise Value (EV)
1 |
26,182
|
30,157
|
5,373
|
11,975
|
5,307
|
1,807
|
1,758
|
P/E ratio
|
36.6
x
|
139
x
|
29.9
x
|
32.4
x
|
20
x
|
12.7
x
|
7.87
x
|
Yield
|
1.27%
|
1.44%
|
5.04%
|
3.7%
|
6.37%
|
6.05%
|
10%
|
Capitalization / Revenue
|
8.18
x
|
9.44
x
|
2.09
x
|
3.14
x
|
1.33
x
|
1.08
x
|
0.95
x
|
EV / Revenue
|
8.18
x
|
9.44
x
|
2.09
x
|
3.14
x
|
1.33
x
|
1.08
x
|
0.95
x
|
EV / EBITDA
|
20.6
x
|
29.4
x
|
7.38
x
|
10.1
x
|
4.67
x
|
3.37
x
|
2.77
x
|
EV / FCF
|
26.1
x
|
44.2
x
|
40.3
x
|
83.8
x
|
-36.4
x
|
-
|
-
|
FCF Yield
|
3.83%
|
2.26%
|
2.48%
|
1.19%
|
-2.75%
|
-
|
-
|
Price to Book
|
5.35
x
|
5.94
x
|
1.51
x
|
2.07
x
|
0.76
x
|
0.81
x
|
0.74
x
|
Nbr of stocks (in thousands)
|
2,191,092
|
2,195,104
|
2,174,682
|
2,176,466
|
2,178,851
|
2,178,851
|
-
|
Reference price
2 |
16.32
|
18.64
|
4.880
|
6.230
|
2.330
|
2.330
|
2.330
|
Announcement Date
|
3/30/20
|
3/25/21
|
3/24/22
|
3/23/23
|
3/27/24
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
3,265
|
3,905
|
3,649
|
4,140
|
3,819
|
3,979
|
4,355
|
4,972
|
EBITDA
1 |
-
|
1,549
|
1,173
|
1,172
|
1,189
|
1,136
|
1,393
|
1,698
|
EBIT
1 |
-
|
1,006
|
570
|
551.3
|
411
|
324.7
|
521.4
|
866.1
|
Operating Margin
|
-
|
25.75%
|
15.62%
|
13.32%
|
10.76%
|
8.16%
|
11.97%
|
17.42%
|
Earnings before Tax (EBT)
1 |
-
|
1,070
|
443.7
|
468.8
|
498
|
368
|
479.4
|
775.2
|
Net income
1 |
-
|
847.8
|
257.6
|
302.2
|
366.6
|
272.6
|
372.4
|
578.4
|
Net margin
|
-
|
21.71%
|
7.06%
|
7.3%
|
9.6%
|
6.85%
|
8.55%
|
11.63%
|
EPS
2 |
-
|
0.4461
|
0.1339
|
0.1632
|
0.1921
|
0.1339
|
0.1840
|
0.2960
|
Free Cash Flow
1 |
-
|
1,225
|
779.4
|
214.8
|
142.8
|
-129
|
-
|
-
|
FCF margin
|
-
|
31.36%
|
21.36%
|
5.19%
|
3.74%
|
-3.05%
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
79.07%
|
66.43%
|
18.33%
|
12.02%
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
144.46%
|
302.56%
|
71.08%
|
38.97%
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
0.2075
|
0.2682
|
0.2457
|
0.2302
|
0.1483
|
0.1410
|
0.2330
|
Announcement Date
|
5/26/19
|
3/30/20
|
3/25/21
|
3/24/22
|
3/23/23
|
3/27/24
|
-
|
-
|
Fiscal Period: December |
2019 S1
|
2020 S1
|
2021 S1
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
1,821
|
1,517
|
2,001
|
1,879
|
1,940
|
-
|
2,026
|
2,129
|
2,168
|
2,385
|
2,397
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
766.8
|
640.1
|
907.1
|
748.7
|
EBIT
|
507.4
|
-
|
376.3
|
408.4
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
27.86%
|
-
|
18.81%
|
21.74%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
445.6
|
-
|
-
|
326
|
172.1
|
-
|
93.05
|
345
|
218.3
|
453.9
|
295.5
|
Net income
1 |
312.5
|
243
|
-
|
236.1
|
130.5
|
203.8
|
68.79
|
258.7
|
163.7
|
340.4
|
221.6
|
Net margin
|
17.16%
|
16.02%
|
-
|
12.57%
|
6.73%
|
-
|
3.4%
|
12.15%
|
7.55%
|
14.27%
|
9.25%
|
EPS
|
-
|
-
|
-
|
-
|
0.0685
|
0.0986
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/28/19
|
8/19/20
|
8/25/21
|
8/24/22
|
3/23/23
|
9/12/23
|
3/27/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
5,775
|
4,281
|
3,275
|
-
|
-
|
2,893
|
2,942
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-
|
1,225
|
779
|
215
|
143
|
-129
|
-
|
-
|
ROE (net income / shareholders' equity)
|
-
|
25.7%
|
4.24%
|
5.13%
|
6.41%
|
6.95%
|
6.61%
|
8.62%
|
ROA (Net income/ Total Assets)
|
-
|
14.4%
|
2.64%
|
3.11%
|
3.84%
|
3.95%
|
4%
|
4.81%
|
Assets
1 |
-
|
5,885
|
9,750
|
9,728
|
9,555
|
10,714
|
9,317
|
12,025
|
Book Value Per Share
2 |
-
|
3.050
|
3.140
|
3.240
|
3.020
|
3.050
|
2.860
|
3.170
|
Cash Flow per Share
2 |
-
|
0.8400
|
0.5900
|
0.5300
|
0.3200
|
0.6200
|
0.9000
|
0.9100
|
Capex
1 |
-
|
371
|
332
|
763
|
479
|
1,141
|
953
|
945
|
Capex / Sales
|
-
|
9.51%
|
9.11%
|
18.43%
|
12.54%
|
27%
|
21.88%
|
19%
|
Announcement Date
|
5/26/19
|
3/30/20
|
3/25/21
|
3/24/22
|
3/23/23
|
3/27/24
|
-
|
-
|
Last Close Price
2.33
HKD Average target price
4.295
HKD Spread / Average Target +84.33% Consensus |
1st Jan change
|
Capi.
|
---|
| -13.06% | 649M | | -20.52% | 2.89B | | -37.25% | 2.18B | | +28.93% | 1.75B | | -18.19% | 1.61B | | +39.56% | 877M | | +17.55% | 837M | | -.--% | 813M | | +21.41% | 817M | | -1.11% | 797M |
Professional & Business Education
|