Market Closed -
Hong Kong S.E.
04:08:20 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
1.15
HKD
|
+5.50%
|
|
+5.50%
|
-7.26%
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
7,645
|
5,231
|
21,889
|
62,488
|
47,370
|
28,658
|
28,658
|
-
|
Enterprise Value (EV)
1 |
65,008
|
59,618
|
62,549
|
68,301
|
53,858
|
30,361
|
34,439
|
33,528
|
P/E ratio
|
-10.9
x
|
-25.1
x
|
-3.69
x
|
11.2
x
|
2.92
x
|
11.9
x
|
7.8
x
|
6.05
x
|
Yield
|
-
|
-
|
-
|
-
|
3.43%
|
2.13%
|
1.45%
|
2.44%
|
Capitalization / Revenue
|
0.37
x
|
0.27
x
|
1.5
x
|
3.17
x
|
1.29
x
|
0.9
x
|
0.94
x
|
0.78
x
|
EV / Revenue
|
3.16
x
|
3.1
x
|
4.28
x
|
3.47
x
|
1.47
x
|
0.9
x
|
1.13
x
|
0.91
x
|
EV / EBITDA
|
8.02
x
|
8.3
x
|
10.9
x
|
6.95
x
|
2.56
x
|
2.4
x
|
3.85
x
|
2.75
x
|
EV / FCF
|
-14.5
x
|
31.3
x
|
-
|
-17.1
x
|
-7.23
x
|
-6.35
x
|
10.8
x
|
12.5
x
|
FCF Yield
|
-6.87%
|
3.2%
|
-
|
-5.85%
|
-13.8%
|
-15.8%
|
9.24%
|
8.03%
|
Price to Book
|
0.35
x
|
0.22
x
|
1.32
x
|
2.15
x
|
1.09
x
|
0.6
x
|
0.61
x
|
0.53
x
|
Nbr of stocks (in thousands)
|
18,329,949
|
19,841,049
|
21,144,438
|
27,099,010
|
27,088,873
|
26,920,819
|
26,920,819
|
-
|
Reference price
2 |
0.4171
|
0.2636
|
1.035
|
2.306
|
1.749
|
1.065
|
1.065
|
1.065
|
Announcement Date
|
3/29/19
|
3/31/20
|
4/19/21
|
3/28/22
|
3/30/23
|
3/15/24
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
20,565
|
19,250
|
14,621
|
19,698
|
36,750
|
33,700
|
30,533
|
36,798
|
EBITDA
1 |
8,101
|
7,186
|
5,715
|
9,832
|
21,057
|
12,660
|
8,947
|
12,191
|
EBIT
1 |
3,791
|
2,501
|
1,796
|
7,475
|
19,101
|
9,311
|
5,707
|
7,174
|
Operating Margin
|
18.43%
|
12.99%
|
12.28%
|
37.95%
|
51.98%
|
27.63%
|
18.69%
|
19.5%
|
Earnings before Tax (EBT)
1 |
-510.8
|
317.7
|
-6,146
|
5,292
|
18,303
|
4,302
|
5,170
|
6,762
|
Net income
1 |
-693.4
|
-197.2
|
-6,254
|
5,084
|
16,030
|
2,510
|
3,820
|
4,705
|
Net margin
|
-3.37%
|
-1.02%
|
-42.78%
|
25.81%
|
43.62%
|
7.45%
|
12.51%
|
12.79%
|
EPS
2 |
-0.0381
|
-0.0105
|
-0.2806
|
0.2065
|
0.5986
|
0.0946
|
0.1365
|
0.1758
|
Free Cash Flow
1 |
-4,469
|
1,905
|
-
|
-3,996
|
-7,447
|
-3,722
|
3,181
|
2,691
|
FCF margin
|
-21.73%
|
9.9%
|
-
|
-20.29%
|
-20.27%
|
-11.23%
|
10.42%
|
7.31%
|
FCF Conversion (EBITDA)
|
-
|
26.51%
|
-
|
-
|
-
|
-
|
35.56%
|
22.07%
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
83.28%
|
57.19%
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
0.0600
|
0.0227
|
0.0155
|
0.0259
|
Announcement Date
|
3/29/19
|
3/31/20
|
4/19/21
|
3/28/22
|
3/30/23
|
3/15/24
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2022 S1
|
2022 S2
|
2023 S1
|
---|
Net sales
|
-
|
-
|
21,424
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
9,147
|
-
|
Operating Margin
|
-
|
-
|
42.69%
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
10,638
|
-
|
Net income
1 |
-1,996
|
6,909
|
9,122
|
5,518
|
Net margin
|
-
|
-
|
42.58%
|
-
|
EPS
2 |
-
|
-
|
0.3412
|
0.2075
|
Dividend per Share
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/28/20
|
8/30/22
|
3/30/23
|
8/29/23
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
1 |
57,362
|
54,387
|
40,659
|
5,813
|
6,487
|
-
|
5,781
|
4,870
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
5,024
|
-
|
-
|
Leverage (Debt/EBITDA)
|
7.081
x
|
7.568
x
|
7.114
x
|
0.5913
x
|
0.3081
x
|
-
|
0.6462
x
|
0.3995
x
|
Free Cash Flow
1 |
-4,469
|
1,905
|
-
|
-3,996
|
-7,447
|
-3,723
|
3,181
|
2,691
|
ROE (net income / shareholders' equity)
|
-0.77%
|
-0.89%
|
-32.1%
|
22.3%
|
44.7%
|
13.3%
|
7.67%
|
10.6%
|
ROA (Net income/ Total Assets)
|
-0.16%
|
-0.18%
|
-6.9%
|
7.03%
|
21.4%
|
6.36%
|
4.69%
|
5.56%
|
Assets
1 |
441,655
|
107,009
|
90,696
|
72,300
|
74,831
|
85,074
|
81,419
|
84,600
|
Book Value Per Share
2 |
1.200
|
1.180
|
0.7800
|
1.070
|
1.600
|
1.770
|
1.740
|
1.990
|
Cash Flow per Share
2 |
0.3500
|
0.3700
|
0.0800
|
0.0800
|
0.2900
|
0.5400
|
0.3700
|
0.2700
|
Capex
1 |
10,893
|
5,033
|
2,100
|
5,878
|
15,317
|
9,904
|
10,746
|
7,513
|
Capex / Sales
|
52.97%
|
26.14%
|
14.36%
|
29.84%
|
41.68%
|
29.87%
|
35.2%
|
20.42%
|
Announcement Date
|
3/29/19
|
3/31/20
|
4/19/21
|
3/28/22
|
3/30/23
|
3/15/24
|
-
|
-
|
Last Close Price
1.065
CNY Average target price
1.493
CNY Spread / Average Target +40.23% Consensus |
1st Jan change
|
Capi.
|
---|
| -7.26% | 3.95B | | -18.69% | 19.47B | | +3.74% | 19.13B | | -15.29% | 15.23B | | -13.38% | 13.47B | | -13.32% | 10.6B | | +37.48% | 7.64B | | -16.81% | 7.26B | | -30.07% | 6.63B | | +16.23% | 6.03B |
Photovoltaic Solar Systems & Equipment
|