Financials Chinney Kin Wing Holdings Limited

Equities

1556

BMG2118K1036

Construction & Engineering

Delayed Hong Kong S.E. 09:30:13 2024-04-29 pm EDT 5-day change 1st Jan Change
0.285 HKD 0.00% Intraday chart for Chinney Kin Wing Holdings Limited +1.79% +41.09%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 465 375 352.5 280.5 307.5 285
Enterprise Value (EV) 1 155.8 163.6 283.8 178.4 86.19 -209.5
P/E ratio 5.7 x 6.51 x 6.12 x 3.63 x 4.61 x 2.97 x
Yield 9.68% 8% 6.38% 8.02% 7.32% 10.5%
Capitalization / Revenue 0.39 x 0.3 x 0.27 x 0.18 x 0.15 x 0.16 x
EV / Revenue 0.13 x 0.13 x 0.22 x 0.11 x 0.04 x -0.12 x
EV / EBITDA 0.98 x 1.25 x 2.38 x 1.61 x 0.6 x -1.28 x
EV / FCF -85 x -2.56 x -2.36 x 1.53 x 0.54 x -0.69 x
FCF Yield -1.18% -39% -42.3% 65.5% 185% -145%
Price to Book 1.1 x 0.88 x 0.78 x 0.55 x 0.54 x 0.44 x
Nbr of stocks (in thousands) 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000
Reference price 2 0.3100 0.2500 0.2350 0.1870 0.2050 0.1900
Announcement Date 4/25/18 4/25/19 4/27/20 4/28/21 4/27/22 4/26/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 1,190 1,243 1,304 1,553 2,042 1,806
EBITDA 1 159.3 130.8 119.4 111 144.8 163.1
EBIT 1 95.4 67.8 65.97 51.49 84.73 100.2
Operating Margin 8.01% 5.45% 5.06% 3.31% 4.15% 5.55%
Earnings before Tax (EBT) 1 97.23 69.97 68.27 85 81.76 116.2
Net income 1 81.61 57.64 57.57 77.18 66.69 96.02
Net margin 6.86% 4.64% 4.42% 4.97% 3.27% 5.32%
EPS 2 0.0544 0.0384 0.0384 0.0515 0.0445 0.0640
Free Cash Flow 1 -1.832 -63.79 -120 116.8 159.6 303.8
FCF margin -0.15% -5.13% -9.21% 7.52% 7.81% 16.83%
FCF Conversion (EBITDA) - - - 105.29% 110.19% 186.32%
FCF Conversion (Net income) - - - 151.39% 239.32% 316.43%
Dividend per Share 2 0.0300 0.0200 0.0150 0.0150 0.0150 0.0200
Announcement Date 4/25/18 4/25/19 4/27/20 4/28/21 4/27/22 4/26/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 309 211 68.7 102 221 494
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -1.83 -63.8 -120 117 160 304
ROE (net income / shareholders' equity) 19.7% 13.6% 13.1% 16.1% 12.3% 15.7%
ROA (Net income/ Total Assets) 5.82% 4.33% 4.48% 3.15% 4.49% 4.57%
Assets 1 1,402 1,330 1,284 2,452 1,487 2,100
Book Value Per Share 2 0.2800 0.2800 0.3000 0.3400 0.3800 0.4400
Cash Flow per Share 2 0.1900 0.1300 0.0400 0.0500 0.1200 0.3100
Capex 1 64.7 30.6 44.9 57.9 78.3 64
Capex / Sales 5.43% 2.46% 3.44% 3.73% 3.83% 3.54%
Announcement Date 4/25/18 4/25/19 4/27/20 4/28/21 4/27/22 4/26/23
1HKD in Million2HKD
Estimates
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