Financials China South City Holdings Limited

Equities

1668

HK0000056264

Real Estate Development & Operations

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.145 HKD +7.41% Intraday chart for China South City Holdings Limited +11.54% -51.67%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 14,177 10,228 6,069 6,959 5,583 5,950
Enterprise Value (EV) 1 43,406 35,890 27,487 32,760 33,695 35,431
P/E ratio 3.15 x 3.12 x 2.31 x 2.88 x 7.35 x 8.2 x
Yield 2.82% 3.97% 4% 3.49% - 3.85%
Capitalization / Revenue 1.51 x 1 x 0.61 x 0.62 x 0.54 x 1.47 x
EV / Revenue 4.62 x 3.49 x 2.78 x 2.9 x 3.27 x 8.74 x
EV / EBITDA 20.2 x 13.9 x 9.19 x 9.94 x 23.4 x -83.3 x
EV / FCF -5.73 x 7.09 x 10 x -6.84 x -6 x -14.8 x
FCF Yield -17.5% 14.1% 9.97% -14.6% -16.7% -6.78%
Price to Book 0.39 x 0.28 x 0.17 x 0.17 x 0.12 x 0.14 x
Nbr of stocks (in thousands) 8,009,572 8,117,131 8,091,893 8,091,893 8,091,893 11,441,893
Reference price 2 1.770 1.260 0.7500 0.8600 0.6900 0.5200
Announcement Date 7/20/18 7/29/19 7/31/20 7/29/21 7/26/22 7/28/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 9,405 10,274 9,888 11,309 10,312 4,052
EBITDA 1 2,149 2,585 2,992 3,295 1,442 -425.2
EBIT 1 2,018 2,444 2,838 3,140 1,301 -549
Operating Margin 21.46% 23.79% 28.7% 27.77% 12.62% -13.55%
Earnings before Tax (EBT) 1 6,783 5,377 4,471 3,402 1,630 -1,559
Net income 1 4,512 3,251 2,633 2,415 760.2 700
Net margin 47.97% 31.64% 26.63% 21.36% 7.37% 17.27%
EPS 2 0.5619 0.4033 0.3247 0.2985 0.0939 0.0634
Free Cash Flow 1 -7,581 5,059 2,740 -4,790 -5,616 -2,401
FCF margin -80.6% 49.24% 27.71% -42.35% -54.47% -59.24%
FCF Conversion (EBITDA) - 195.72% 91.57% - - -
FCF Conversion (Net income) - 155.6% 104.06% - - -
Dividend per Share 2 0.0500 0.0500 0.0300 0.0300 - 0.0200
Announcement Date 7/20/18 7/29/19 7/31/20 7/29/21 7/26/22 7/28/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 29,229 25,662 21,418 25,801 28,111 29,481
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 13.6 x 9.929 x 7.158 x 7.829 x 19.5 x -69.34 x
Free Cash Flow 1 -7,581 5,059 2,740 -4,790 -5,616 -2,401
ROE (net income / shareholders' equity) 13.9% 8.94% 7.4% 6.34% 1.76% -3.54%
ROA (Net income/ Total Assets) 1.26% 1.36% 1.57% 1.68% 0.66% -0.29%
Assets 1 358,611 239,041 168,144 143,994 114,505 -243,388
Book Value Per Share 2 4.520 4.430 4.300 5.100 5.570 3.730
Cash Flow per Share 2 1.020 0.7300 1.270 1.170 0.5800 0.2200
Capex 1 1,183 160 89 193 76.6 82.7
Capex / Sales 12.58% 1.56% 0.9% 1.71% 0.74% 2.04%
Announcement Date 7/20/18 7/29/19 7/31/20 7/29/21 7/26/22 7/28/23
1HKD in Million2HKD
Estimates
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