Financials Coastal Greenland Limited

Equities

1124

BMG2239B1643

Real Estate Development & Operations

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.21 HKD +11.70% Intraday chart for Coastal Greenland Limited +16.67% +31.25%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,465 1,020 340 306.8 190.7 132.7
Enterprise Value (EV) 1 512.9 3,415 2,389 3,244 1,753 1,541
P/E ratio 6.34 x 7.77 x -1.01 x -1.09 x -0.2 x -0.31 x
Yield - - - - - -
Capitalization / Revenue 0.82 x 5.09 x 11 x 2.37 x 28.3 x 0.63 x
EV / Revenue 0.29 x 17 x 77.2 x 25 x 260 x 7.29 x
EV / EBITDA -4.72 x -7.57 x -6.2 x -14.6 x -2.81 x -10.3 x
EV / FCF 0.55 x -1.06 x 3.04 x -3.01 x 0.97 x 1.54 x
FCF Yield 181% -94.6% 32.9% -33.2% 103% 64.9%
Price to Book 0.27 x 0.2 x 0.08 x 0.07 x 0.05 x 0.05 x
Nbr of stocks (in thousands) 418,587 414,602 414,602 414,602 414,602 414,602
Reference price 2 3.500 2.460 0.8200 0.7400 0.4600 0.3200
Announcement Date 7/30/18 7/29/19 7/29/20 7/28/21 7/28/22 7/28/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 1,791 200.5 30.96 129.6 6.741 211.4
EBITDA 1 -108.6 -451.1 -385.1 -222.1 -625 -149.2
EBIT 1 -114.2 -460.3 -390.7 -225.2 -627.1 -150
Operating Margin -6.38% -229.55% -1,261.66% -173.78% -9,302.94% -70.94%
Earnings before Tax (EBT) 1 364.8 20.36 -436.3 -286.5 -1,086 -479.2
Net income 1 231.1 132.5 -336.8 -281 -942.6 -426.5
Net margin 12.9% 66.07% -1,087.66% -216.86% -13,983.01% -201.74%
EPS 2 0.5520 0.3166 -0.8123 -0.6778 -2.273 -1.029
Free Cash Flow 1 927.7 -3,230 785.6 -1,078 1,809 1,001
FCF margin 51.78% -1,610.66% 2,537.19% -832.21% 26,831.06% 473.44%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) 401.45% - - - - -
Dividend per Share - - - - - -
Announcement Date 7/30/18 7/29/19 7/29/20 7/28/21 7/28/22 7/28/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - 2,395 2,049 2,937 1,562 1,409
Net Cash position 1 952 - - - - -
Leverage (Debt/EBITDA) - -5.308 x -5.322 x -13.22 x -2.5 x -9.444 x
Free Cash Flow 1 928 -3,230 786 -1,078 1,809 1,001
ROE (net income / shareholders' equity) 4.32% 2.25% -7.76% -6.43% -27.2% -13.2%
ROA (Net income/ Total Assets) -0.45% -2.35% -2.72% -1.47% -4.37% -1.27%
Assets 1 -50,988 -5,643 12,366 19,164 21,574 33,542
Book Value Per Share 2 13.10 12.00 10.50 10.50 8.660 6.890
Cash Flow per Share 2 3.210 0.0900 0.2000 0.4300 0.6100 0.3800
Capex 1 4.59 12.3 2.09 1.51 0.8 0.35
Capex / Sales 0.26% 6.14% 6.74% 1.17% 11.93% 0.16%
Announcement Date 7/30/18 7/29/19 7/29/20 7/28/21 7/28/22 7/28/23
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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