Market Closed -
Hong Kong S.E.
04:08:20 2024-05-14 am EDT
|
5-day change
|
1st Jan Change
|
1.44
HKD
|
-2.70%
|
|
+5.11%
|
-15.29%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
69,271
|
60,472
|
41,130
|
28,909
|
11,871
|
10,055
|
-
|
-
|
Enterprise Value (EV)
1 |
64,349
|
54,110
|
44,476
|
43,161
|
11,871
|
24,529
|
28,541
|
28,322
|
P/E ratio
|
8.04
x
|
6.75
x
|
5.3
x
|
14.9
x
|
17
x
|
11.2
x
|
8.48
x
|
6.97
x
|
Yield
|
6%
|
7.1%
|
8.83%
|
3.12%
|
-
|
5.65%
|
6.77%
|
8.12%
|
Capitalization / Revenue
|
1.78
x
|
1.51
x
|
0.94
x
|
0.9
x
|
0.43
x
|
0.37
x
|
0.36
x
|
0.35
x
|
EV / Revenue
|
1.65
x
|
1.35
x
|
1.01
x
|
1.34
x
|
0.43
x
|
0.91
x
|
1.01
x
|
0.98
x
|
EV / EBITDA
|
4.57
x
|
4.23
x
|
3.6
x
|
8.26
x
|
2.68
x
|
5.2
x
|
5.68
x
|
5.4
x
|
EV / FCF
|
6.9
x
|
6.32
x
|
26.7
x
|
-18.7
x
|
-
|
-14.5
x
|
-55.2
x
|
245
x
|
FCF Yield
|
14.5%
|
15.8%
|
3.74%
|
-5.35%
|
-
|
-6.89%
|
-1.81%
|
0.41%
|
Price to Book
|
1.65
x
|
1.22
x
|
0.75
x
|
0.59
x
|
-
|
0.2
x
|
0.2
x
|
0.19
x
|
Nbr of stocks (in thousands)
|
6,982,938
|
6,982,938
|
6,982,938
|
6,982,938
|
6,982,938
|
6,982,938
|
-
|
-
|
Reference price
2 |
9.920
|
8.660
|
5.890
|
4.140
|
1.700
|
1.440
|
1.440
|
1.440
|
Announcement Date
|
3/27/20
|
3/12/21
|
3/18/22
|
3/17/23
|
3/15/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
38,956
|
40,087
|
43,963
|
32,219
|
27,774
|
27,027
|
28,304
|
28,977
|
EBITDA
1 |
14,072
|
12,782
|
12,357
|
5,227
|
4,437
|
4,717
|
5,028
|
5,240
|
EBIT
1 |
11,946
|
10,647
|
9,824
|
2,688
|
1,635
|
1,726
|
2,124
|
2,346
|
Operating Margin
|
30.66%
|
26.56%
|
22.35%
|
8.34%
|
5.89%
|
6.39%
|
7.5%
|
8.1%
|
Earnings before Tax (EBT)
1 |
12,008
|
11,893
|
10,291
|
2,282
|
993.4
|
1,141
|
1,517
|
1,747
|
Net income
1 |
8,618
|
8,960
|
7,767
|
1,936
|
699.9
|
871.1
|
1,121
|
1,447
|
Net margin
|
22.12%
|
22.35%
|
17.67%
|
6.01%
|
2.52%
|
3.22%
|
3.96%
|
4.99%
|
EPS
2 |
1.234
|
1.283
|
1.112
|
0.2770
|
0.1000
|
0.1281
|
0.1698
|
0.2067
|
Free Cash Flow
1 |
9,330
|
8,565
|
1,663
|
-2,310
|
-
|
-1,691
|
-517.4
|
115.6
|
FCF margin
|
23.95%
|
21.37%
|
3.78%
|
-7.17%
|
-
|
-6.25%
|
-1.83%
|
0.4%
|
FCF Conversion (EBITDA)
|
66.3%
|
67.01%
|
13.46%
|
-
|
-
|
-
|
-
|
2.21%
|
FCF Conversion (Net income)
|
108.27%
|
95.59%
|
21.41%
|
-
|
-
|
-
|
-
|
7.99%
|
Dividend per Share
2 |
0.5950
|
0.6150
|
0.5200
|
0.1290
|
-
|
0.0814
|
0.0975
|
0.1170
|
Announcement Date
|
3/27/20
|
3/12/21
|
3/18/22
|
3/17/23
|
3/15/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q3
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 S2
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2024 Q1
|
2024 S1
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
21,546
|
16,884
|
23,203
|
20,180
|
-
|
13,147
|
23,783
|
6,977
|
-
|
16,117
|
16,102
|
6,879
|
12,173
|
5,720
|
5,173
|
13,145
|
14,221
|
14,524
|
15,578
|
EBITDA
|
-
|
6,833
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
6,569
|
-
|
-
|
4,610
|
-
|
3,067
|
5,214
|
1,007
|
-
|
2,307
|
380.9
|
-
|
-
|
-
|
-
|
871.7
|
576.5
|
1,183
|
841.9
|
Operating Margin
|
30.49%
|
-
|
-
|
22.84%
|
-
|
23.33%
|
21.92%
|
14.44%
|
-
|
14.32%
|
2.37%
|
-
|
-
|
-
|
-
|
6.63%
|
4.05%
|
8.14%
|
5.4%
|
Earnings before Tax (EBT)
|
-
|
5,855
|
-
|
-
|
-
|
3,185
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
-
|
4,191
|
-
|
3,634
|
1,680
|
2,454
|
-
|
729.5
|
1,075
|
1,805
|
-
|
658
|
620.9
|
89.26
|
-31.19
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
24.82%
|
-
|
18.01%
|
-
|
18.66%
|
-
|
10.46%
|
-
|
11.2%
|
-
|
9.57%
|
5.1%
|
1.56%
|
-0.6%
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
0.0890
|
-
|
-
|
0.0540
|
0.0110
|
0.0760
|
0.0330
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/27/20
|
8/21/20
|
3/12/21
|
8/13/21
|
10/22/21
|
3/18/22
|
3/18/22
|
4/29/22
|
8/12/22
|
8/12/22
|
3/17/23
|
8/18/23
|
8/18/23
|
10/27/23
|
4/26/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
3,346
|
14,252
|
-
|
14,474
|
18,485
|
18,266
|
Net Cash position
1 |
4,922
|
6,362
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
0.2708
x
|
2.726
x
|
-
|
3.069
x
|
3.677
x
|
3.486
x
|
Free Cash Flow
1 |
9,330
|
8,565
|
1,663
|
-2,310
|
-
|
-1,691
|
-517
|
116
|
ROE (net income / shareholders' equity)
|
21.6%
|
19.6%
|
14.9%
|
3.72%
|
-
|
2.1%
|
2.59%
|
3.16%
|
ROA (Net income/ Total Assets)
|
14.2%
|
13.8%
|
10.5%
|
2.42%
|
-
|
1.22%
|
1.49%
|
1.69%
|
Assets
1 |
60,839
|
64,852
|
73,841
|
79,880
|
-
|
71,401
|
75,070
|
85,709
|
Book Value Per Share
2 |
6.010
|
7.110
|
7.860
|
7.050
|
-
|
7.130
|
7.250
|
7.410
|
Cash Flow per Share
2 |
1.620
|
1.470
|
0.8600
|
0.4500
|
-
|
0.5800
|
0.6100
|
0.6400
|
Capex
1 |
1,955
|
1,703
|
4,203
|
5,480
|
-
|
4,398
|
4,010
|
3,816
|
Capex / Sales
|
5.02%
|
4.25%
|
9.56%
|
17.01%
|
-
|
16.27%
|
14.17%
|
13.17%
|
Announcement Date
|
3/27/20
|
3/12/21
|
3/18/22
|
3/17/23
|
3/15/24
|
-
|
-
|
-
|
Last Close Price
1.44
HKD Average target price
1.795
HKD Spread / Average Target +24.68% Consensus |
1st Jan change
|
Capi.
|
---|
| -15.29% | 1.29B | | +19.02% | 48.59B | | +8.09% | 16.48B | | -3.26% | 15.81B | | -9.89% | 11.24B | | +32.47% | 9.26B | | -4.30% | 7.76B | | +40.74% | 7.76B | | -5.24% | 7.58B | | +105.28% | 7.34B |
Cement & Concrete Manufacturing
|