Financials China Wood International Holding Co., Limited

Equities

1822

KYG2162J1013

Forest & Wood Products

Delayed Hong Kong S.E. 01:01:23 2024-04-30 am EDT 5-day change 1st Jan Change
0.057 HKD +1.79% Intraday chart for China Wood International Holding Co., Limited +5.56% +58.33%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 1,957 749.2 88.54 46.59 22.27 22.27
Enterprise Value (EV) 1 2,621 1,792 976.3 826.2 816.7 864.2
P/E ratio -177 x -3.26 x -0.13 x -0.04 x -0.08 x -0.15 x
Yield - - - - - -
Capitalization / Revenue 0.65 x 0.68 x 0.14 x 1.92 x 0.19 x 0.15 x
EV / Revenue 0.87 x 1.63 x 1.49 x 34 x 7.04 x 5.94 x
EV / EBITDA 43.7 x -6.91 x -2.73 x -1.42 x -8.94 x 63.9 x
EV / FCF 15.6 x -5.29 x 2.49 x 7.6 x 10.8 x 60.1 x
FCF Yield 6.41% -18.9% 40.2% 13.2% 9.22% 1.66%
Price to Book 2.08 x 0.98 x 1.4 x -0.05 x -0.02 x -0.02 x
Nbr of stocks (in thousands) 331,709 340,538 340,538 342,573 342,573 342,573
Reference price 2 5.900 2.200 0.2600 0.1360 0.0650 0.0650
Announcement Date 4/25/18 4/29/19 5/14/20 4/28/21 4/22/22 4/27/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 3,000 1,098 654.3 24.3 116.1 145.4
EBITDA 1 59.91 -259.5 -358.1 -583.2 -91.35 13.51
EBIT 1 50.12 -268.5 -365.4 -590 -96.82 4.613
Operating Margin 1.67% -24.46% -55.84% -2,427.41% -83.41% 3.17%
Earnings before Tax (EBT) 1 -1.541 -212.8 -706.7 -1,107 -274.3 -146.5
Net income 1 -4.445 -227 -691.6 -1,056 -274.6 -150.1
Net margin -0.15% -20.68% -105.7% -4,344.9% -236.54% -103.27%
EPS 2 -0.0333 -0.6740 -2.031 -3.093 -0.8014 -0.4383
Free Cash Flow 1 168 -338.6 392.4 108.7 75.33 14.37
FCF margin 5.6% -30.85% 59.96% 447.32% 64.9% 9.89%
FCF Conversion (EBITDA) 280.39% - - - - 106.34%
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/25/18 4/29/19 5/14/20 4/28/21 4/22/22 4/27/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 664 1,043 888 780 794 842
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 11.08 x -4.019 x -2.479 x -1.337 x -8.696 x 62.3 x
Free Cash Flow 1 168 -339 392 109 75.3 14.4
ROE (net income / shareholders' equity) -0.9% -28.8% -188% 220% 24.4% 11.3%
ROA (Net income/ Total Assets) 1.95% -8.62% -14.3% -56.2% -31.2% 1.35%
Assets 1 -227.6 2,633 4,830 1,880 879.9 -11,118
Book Value Per Share 2 2.840 2.240 0.1900 -2.900 -3.710 -4.110
Cash Flow per Share 2 0.0900 0.0500 0.0400 0.0100 0.0100 0.0100
Capex 1 13.8 12.6 13.1 4.13 18.2 11
Capex / Sales 0.46% 1.15% 2.01% 16.98% 15.66% 7.59%
Announcement Date 4/25/18 4/29/19 5/14/20 4/28/21 4/22/22 4/27/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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