Financials Citychamp Watch & Jewellery Group Limited

Equities

256

KYG2161T1004

Apparel & Accessories

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
1.02 HKD +0.99% Intraday chart for Citychamp Watch & Jewellery Group Limited +15.91% -11.30%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 8,483 7,094 7,268 7,442 6,658 5,309
Enterprise Value (EV) 1 1,848 1,187 4,056 3,490 1,505 2,217
P/E ratio 7.26 x 35.2 x 164 x -44 x -65.9 x -47.8 x
Yield 3.08% - - - - -
Capitalization / Revenue 2.73 x 2.31 x 2.58 x 3.99 x 3.27 x 3.2 x
EV / Revenue 0.6 x 0.39 x 1.44 x 1.87 x 0.74 x 1.34 x
EV / EBITDA 5.63 x 2.39 x 14.8 x -187 x 21.4 x 320 x
EV / FCF 0.64 x 0.65 x -2.24 x -3.02 x 0.54 x 3.36 x
FCF Yield 155% 154% -44.6% -33.1% 184% 29.8%
Price to Book 1.77 x 1.6 x 1.71 x 1.68 x 1.53 x 1.32 x
Nbr of stocks (in thousands) 4,350,313 4,351,888 4,351,888 4,351,888 4,351,888 4,351,888
Reference price 2 1.950 1.630 1.670 1.710 1.530 1.220
Announcement Date 4/23/18 4/25/19 4/28/20 4/27/21 4/28/22 4/27/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 3,103 3,068 2,822 1,864 2,037 1,657
EBITDA 1 328.5 496.6 274 -18.71 70.4 6.922
EBIT 1 206.9 368.6 154.6 -123 -5.667 -54.74
Operating Margin 6.67% 12.01% 5.48% -6.6% -0.28% -3.3%
Earnings before Tax (EBT) 1 1,433 347.1 142.6 -133.7 -74.27 -110.3
Net income 1 1,170 201.4 44.25 -169.2 -100.9 -111.1
Net margin 37.72% 6.56% 1.57% -9.08% -4.95% -6.7%
EPS 2 0.2687 0.0463 0.0102 -0.0389 -0.0232 -0.0255
Free Cash Flow 1 2,868 1,827 -1,811 -1,156 2,769 659.7
FCF margin 92.42% 59.55% -64.18% -61.99% 135.93% 39.81%
FCF Conversion (EBITDA) 873.06% 367.87% - - 3,933.74% 9,530.3%
FCF Conversion (Net income) 245% 907.22% - - - -
Dividend per Share 2 0.0600 - - - - -
Announcement Date 4/23/18 4/25/19 4/28/20 4/27/21 4/28/22 4/27/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 6,635 5,906 3,211 3,952 5,154 3,092
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 2,868 1,827 -1,811 -1,156 2,769 660
ROE (net income / shareholders' equity) 26.9% 4.85% 1.5% -3.38% -2.25% -2.71%
ROA (Net income/ Total Assets) 0.66% 1.09% 0.48% -0.38% -0.02% -0.19%
Assets 1 177,024 18,409 9,127 45,105 590,099 58,633
Book Value Per Share 2 1.100 1.020 0.9800 1.020 1.000 0.9200
Cash Flow per Share 2 0.1300 0.0900 0.0800 0.0700 0.0200 0.0200
Capex 1 202 113 145 186 203 92.4
Capex / Sales 6.52% 3.68% 5.14% 9.98% 9.98% 5.57%
Announcement Date 4/23/18 4/25/19 4/28/20 4/27/21 4/28/22 4/27/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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