Financials China-Hongkong Photo Products Holdings Limited

Equities

1123

BMG2106Y1075

Household Electronics

Market Closed - Hong Kong S.E. 04:09:00 2024-05-03 am EDT 5-day change 1st Jan Change
0.138 HKD 0.00% Intraday chart for China-Hongkong Photo Products Holdings Limited 0.00% -9.21%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 462.3 450.4 177.8 167.1 147 154.1
Enterprise Value (EV) 1 242.8 210.3 32.98 -72.25 -59.69 -72.33
P/E ratio 12.1 x -9.64 x -6.11 x 4.97 x 8.12 x 3.78 x
Yield - - - 7.09% 8.06% 7.69%
Capitalization / Revenue 0.5 x 0.47 x 0.2 x 0.18 x 0.14 x 0.14 x
EV / Revenue 0.26 x 0.22 x 0.04 x -0.08 x -0.06 x -0.07 x
EV / EBITDA 10.3 x -67.7 x -3.66 x -10.3 x -2.59 x -1.7 x
EV / FCF -9.43 x 5.77 x 0.84 x -0.65 x -2.99 x -1.82 x
FCF Yield -10.6% 17.3% 119% -153% -33.5% -55.1%
Price to Book 0.67 x 0.7 x 0.29 x 0.26 x 0.23 x 0.23 x
Nbr of stocks (in thousands) 1,185,318 1,185,318 1,185,318 1,185,318 1,185,318 1,185,318
Reference price 2 0.3900 0.3800 0.1500 0.1410 0.1240 0.1300
Announcement Date 7/11/18 7/17/19 7/15/20 7/14/21 7/14/22 7/13/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 929.8 959 880.3 916.8 1,015 1,079
EBITDA 1 23.65 -3.106 -9.02 7.01 23.06 42.59
EBIT 1 4.48 -23.81 -24.62 -8.51 8.688 29.25
Operating Margin 0.48% -2.48% -2.8% -0.93% 0.86% 2.71%
Earnings before Tax (EBT) 1 44.55 -44.12 -36.05 34.47 21.34 44.5
Net income 1 38.21 -46.69 -29.09 33.64 18.11 40.81
Net margin 4.11% -4.87% -3.3% 3.67% 1.78% 3.78%
EPS 2 0.0322 -0.0394 -0.0245 0.0284 0.0153 0.0344
Free Cash Flow 1 -25.76 36.44 39.35 110.4 19.97 39.83
FCF margin -2.77% 3.8% 4.47% 12.04% 1.97% 3.69%
FCF Conversion (EBITDA) - - - 1,574.7% 86.61% 93.51%
FCF Conversion (Net income) - - - 328.19% 110.27% 97.59%
Dividend per Share - - - 0.0100 0.0100 0.0100
Announcement Date 7/11/18 7/17/19 7/15/20 7/14/21 7/14/22 7/13/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 219 240 145 239 207 226
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -25.8 36.4 39.3 110 20 39.8
ROE (net income / shareholders' equity) 5.84% -6.95% -5.07% 5.1% 2.71% 6.38%
ROA (Net income/ Total Assets) 0.35% -1.78% -1.86% -0.63% 0.62% 2.03%
Assets 1 11,036 2,628 1,566 -5,357 2,933 2,010
Book Value Per Share 2 0.5800 0.5400 0.5100 0.5400 0.5500 0.5700
Cash Flow per Share 2 0.1900 0.1700 0.1700 0.2400 0.1900 0.2000
Capex 1 26.1 14.6 5.99 10.2 9.29 9.82
Capex / Sales 2.81% 1.53% 0.68% 1.12% 0.92% 0.91%
Announcement Date 7/11/18 7/17/19 7/15/20 7/14/21 7/14/22 7/13/23
1HKD in Million2HKD
Estimates
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