Financials China Sinostar Group Company Limited

Equities

485

BMG2161L1155

Real Estate Development & Operations

End-of-day quote Hong Kong S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
0.153 HKD 0.00% Intraday chart for China Sinostar Group Company Limited +2.68% -10.00%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 513 171 114.9 77.69 46.82 40.44
Enterprise Value (EV) 1 459.8 110.4 121.6 99.01 80.65 65.07
P/E ratio -18.1 x -12.3 x -4.57 x -5.04 x -2.66 x -0.79 x
Yield - - - - - -
Capitalization / Revenue 0.99 x 0.31 x 1.61 x 2.63 x 1.2 x 1.7 x
EV / Revenue 0.89 x 0.2 x 1.71 x 3.35 x 2.07 x 2.74 x
EV / EBITDA -26.4 x 21.9 x -9.02 x -17.3 x -23.9 x -2.32 x
EV / FCF -3.66 x 4.55 x -4.52 x -3.32 x -4.43 x 1.57 x
FCF Yield -27.3% 22% -22.1% -30.1% -22.6% 63.8%
Price to Book 1.33 x 0.49 x 0.38 x 0.25 x 0.15 x 0.17 x
Nbr of stocks (in thousands) 198,840 198,840 212,840 212,840 212,840 212,840
Reference price 2 2.580 0.8600 0.5400 0.3650 0.2200 0.1900
Announcement Date 7/27/18 7/29/19 7/31/20 7/30/21 8/4/22 7/31/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 518 559.3 71.18 29.54 38.94 23.76
EBITDA 1 -17.44 5.04 -13.48 -5.725 -3.381 -28.03
EBIT 1 -23.76 -1.572 -19.15 -9.108 -6.713 -31.18
Operating Margin -4.59% -0.28% -26.9% -30.83% -17.24% -131.19%
Earnings before Tax (EBT) 1 -24.11 -2.687 -22.08 -15.38 -17.55 -51.16
Net income 1 -27.25 -13.95 -25.11 -15.43 -17.61 -51.21
Net margin -5.26% -2.49% -35.28% -52.22% -45.22% -215.49%
EPS 2 -0.1426 -0.0702 -0.1182 -0.0725 -0.0827 -0.2406
Free Cash Flow 1 -125.6 24.28 -26.91 -29.83 -18.23 41.54
FCF margin -24.24% 4.34% -37.81% -100.98% -46.81% 174.8%
FCF Conversion (EBITDA) - 481.7% - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 7/27/18 7/29/19 7/31/20 7/30/21 8/4/22 7/31/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 6.64 21.3 33.8 24.6
Net Cash position 1 53.2 60.6 - - - -
Leverage (Debt/EBITDA) - - -0.4927 x -3.725 x -10.01 x -0.8786 x
Free Cash Flow 1 -126 24.3 -26.9 -29.8 -18.2 41.5
ROE (net income / shareholders' equity) -6.57% -2.93% -7.22% -5.04% -5.65% -18.9%
ROA (Net income/ Total Assets) -2.5% -0.18% -2.51% -1.5% -1.04% -5.41%
Assets 1 1,091 7,771 1,001 1,031 1,690 945.8
Book Value Per Share 2 1.930 1.760 1.400 1.470 1.460 1.090
Cash Flow per Share 2 0.2600 0.3800 0.0600 0.0600 0.0600 0.0200
Capex 1 4.15 2.36 4.7 0.01 0.02 0.05
Capex / Sales 0.8% 0.42% 6.6% 0.05% 0.06% 0.19%
Announcement Date 7/27/18 7/29/19 7/31/20 7/30/21 8/4/22 7/31/23
1HKD in Million2HKD
Estimates
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