Financials FIT Hon Teng Limited

Equities

6088

KYG3R83K1037

Electronic Equipment & Parts

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
2.36 HKD +11.32% Intraday chart for FIT Hon Teng Limited +19.80% +100.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 2,896 2,261 2,374 1,390 1,857 2,136 2,136 -
Enterprise Value (EV) 1 2,815 2,235 2,590 1,710 1,884 1,071 2,136 2,136
P/E ratio 12.9 x 9.64 x 56 x 9.86 x 10.9 x 8.3 x 11.5 x 5.74 x
Yield 2.06% - - - - - - -
Capitalization / Revenue 0.72 x 0.52 x 0.55 x 0.31 x 0.41 x 0.26 x 0.46 x 0.37 x
EV / Revenue 0.72 x 0.52 x 0.55 x 0.31 x 0.41 x 0.26 x 0.46 x 0.37 x
EV / EBITDA 5.69 x 4.26 x 6.49 x 3.25 x 3.44 x 2.22 x 5.05 x 4.35 x
EV / FCF 5,149,905 x 38,781,578 x -8,729,195 x -8,907,165 x 4,368,912 x - 2,202,051 x 3,374,390 x
FCF Yield 0% 0% -0% -0% 0% - 0% 0%
Price to Book 1.51 x 1.12 x 1.06 x 0.57 x 0.79 x 0.44 x 0.83 x 0.77 x
Nbr of stocks (in thousands) 6,690,088 6,722,360 6,843,027 7,084,731 7,073,464 7,085,212 7,085,212 -
Reference price 2 0.4330 0.3363 0.3470 0.1963 0.2625 0.3015 0.3015 0.3015
Announcement Date 3/26/19 3/25/20 3/29/21 3/17/22 3/14/23 3/12/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 4,006 4,372 4,315 4,490 4,531 4,196 4,660 5,791
EBITDA 1 509.1 530.1 365.9 427.7 539.8 482.8 422.8 490.8
EBIT 1 308.6 275.2 124.8 176.7 307.4 262.8 476.7 624
Operating Margin 7.7% 6.29% 2.89% 3.93% 6.78% 6.26% 10.23% 10.78%
Earnings before Tax (EBT) 1 311.4 265.9 116.5 167.3 248 179.5 259.8 326
Net income 1 233.9 235.4 42.51 137.6 169.6 129 182.2 228.9
Net margin 5.84% 5.38% 0.99% 3.06% 3.74% 3.07% 3.91% 3.95%
EPS 2 0.0335 0.0349 0.006200 0.0199 0.0240 0.0182 0.0262 0.0525
Free Cash Flow 562.4 58.3 -272 -156.1 425 - 970 633
FCF margin 14.04% 1.33% -6.3% -3.48% 9.38% - 20.82% 10.93%
FCF Conversion (EBITDA) 110.47% 11% - - 78.74% - 229.44% 128.98%
FCF Conversion (Net income) 240.41% 24.76% - - 250.56% - 532.33% 276.52%
Dividend per Share 2 0.008920 - - - - - - -
Announcement Date 3/26/19 3/25/20 3/29/21 3/17/22 3/14/23 3/12/24 - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S1 2019 S2 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 S1 2024 S2 2025 S1 2025 S2
Net sales 1 1,918 2,454 1,917 2,398 1,982 2,508 2,101 2,429 1,784 1,176 1,235 2,411 1,921 2,886 3,161 4,769
EBITDA - - - - - - - - - - - - - - - -
EBIT 121.8 153.3 31.91 92.84 15.93 160.7 - 187.4 47.17 - - 215.7 232 583 404 746
Operating Margin 6.35% 6.25% 1.67% 3.87% 0.8% 6.41% - 7.72% 2.64% - - 8.94% 12.08% 20.2% 12.78% 15.64%
Earnings before Tax (EBT) - 147.8 - 90.91 13.87 153.5 - 140.4 - - - 171.9 234 585 415 757
Net income 1 - 133.6 22.17 20.34 9.264 128.4 85.12 84.5 - 50.55 75.98 137.9 175 497 311 643
Net margin - 5.44% 1.16% 0.85% 0.47% 5.12% 4.05% 3.48% - 4.3% 6.15% 5.72% 9.11% 17.22% 9.84% 13.48%
EPS - 0.0201 - - 0.001300 0.0186 - 0.0118 - - - 0.0195 0.0300 0.0700 0.0500 0.0900
Dividend per Share - - - - - - - - - - - - - - - -
Announcement Date 8/12/19 3/25/20 8/11/20 3/29/21 8/10/21 3/17/22 8/9/22 3/14/23 8/7/23 - - 3/12/24 - - - -
1USD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt - - 216 319 27.3 - - -
Net Cash position 81.8 25.7 - - - - - -
Leverage (Debt/EBITDA) - - 0.5896 x 0.7465 x 0.0505 x - - -
Free Cash Flow 562 58.3 -272 -156 425 - 970 633
ROE (net income / shareholders' equity) 12.3% 11.8% 2% 6.01% 7.16% 5.4% 7.14% 8.26%
ROA (Net income/ Total Assets) 6.28% 5.4% 0.94% 2.85% 3.55% 2.68% 6.53% 7.71%
Assets 1 3,725 4,358 4,523 4,823 4,777 4,820 2,790 2,969
Book Value Per Share 2 0.2900 0.3000 0.3300 0.3500 0.3300 0.3400 0.3600 0.3900
Cash Flow per Share 2 0.1000 0.0500 0.0200 0.0100 0.7900 0.0800 0.0900 0.0200
Capex 1 119 288 387 241 131 510 925 400
Capex / Sales 2.96% 6.59% 8.97% 5.37% 2.89% 12.16% 19.85% 6.91%
Announcement Date 3/26/19 3/25/20 3/29/21 3/17/22 3/14/23 3/12/24 - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
0.3015 USD
Average target price
0.282 USD
Spread / Average Target
-6.46%
Consensus
  1. Stock Market
  2. Equities
  3. 6088 Stock
  4. Financials FIT Hon Teng Limited