Financials Glorious Property Holdings Limited

Equities

845

KYG3940K1058

Real Estate Development & Operations

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.01 HKD 0.00% Intraday chart for Glorious Property Holdings Limited 0.00% 0.00%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 4,868 2,840 1,476 1,640 1,537 605.6
Enterprise Value (EV) 1 27,855 25,948 26,698 21,510 21,429 21,498
P/E ratio -1.87 x 5.41 x -1.54 x 21 x -0.3 x -1.94 x
Yield - - - - - -
Capitalization / Revenue 1.4 x 0.28 x 0.25 x 0.58 x 0.46 x 0.09 x
EV / Revenue 8.04 x 2.57 x 4.6 x 7.66 x 6.46 x 3.37 x
EV / EBITDA -26.3 x 5.22 x -47.4 x 34.9 x -12.7 x 5.99 x
EV / FCF 5.27 x 10.7 x 19.9 x 2.63 x 7.93 x -134 x
FCF Yield 19% 9.31% 5.01% 38.1% 12.6% -0.75%
Price to Book 0.83 x 0.45 x 0.28 x 0.3 x 5.3 x -83.8 x
Nbr of stocks (in thousands) 7,792,646 7,792,646 7,792,646 7,792,646 7,792,646 7,792,646
Reference price 2 0.6247 0.3644 0.1895 0.2104 0.1972 0.0777
Announcement Date 4/27/18 4/29/19 5/14/20 4/29/21 7/22/22 4/27/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 3,466 10,091 5,807 2,808 3,318 6,385
EBITDA 1 -1,061 4,967 -563.4 615.5 -1,686 3,589
EBIT 1 -1,065 4,963 -566.7 611.8 -1,692 3,583
Operating Margin -30.73% 49.19% -9.76% 21.79% -51% 56.11%
Earnings before Tax (EBT) 1 -2,013 3,988 -572.9 620.3 -4,942 1,281
Net income 1 -2,609 525.3 -957.1 81 -5,150 -297.4
Net margin -75.27% 5.21% -16.48% 2.89% -155.23% -4.66%
EPS 2 -0.3348 0.0674 -0.1228 0.0100 -0.6609 -0.0400
Free Cash Flow 1 5,281 2,415 1,339 8,187 2,703 -160.7
FCF margin 152.38% 23.93% 23.05% 291.6% 81.47% -2.52%
FCF Conversion (EBITDA) - 48.62% - 1,330.2% - -
FCF Conversion (Net income) - 459.71% - 10,107.33% - -
Dividend per Share - - - - - -
Announcement Date 4/27/18 4/29/19 5/14/20 4/29/21 7/22/22 4/27/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 22,988 23,109 25,222 19,870 19,893 20,893
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -21.67 x 4.652 x -44.77 x 32.28 x -11.8 x 5.821 x
Free Cash Flow 1 5,281 2,415 1,339 8,187 2,703 -161
ROE (net income / shareholders' equity) -37.1% 6.37% -16.8% 1.21% -172% -108%
ROA (Net income/ Total Assets) -1.25% 6.02% -0.68% 0.73% -2.08% 4.55%
Assets 1 209,191 8,732 140,414 11,043 247,645 -6,532
Book Value Per Share 2 0.7600 0.8100 0.6900 0.7000 0.0400 -0
Cash Flow per Share 2 0.0300 0.0400 0.0400 0.0500 0.0200 0.0100
Capex 1 2.4 0.6 1.81 2.1 0.96 0.1
Capex / Sales 0.07% 0.01% 0.03% 0.07% 0.03% 0%
Announcement Date 4/27/18 4/29/19 5/14/20 4/29/21 7/22/22 4/27/23
1CNY in Million2CNY
Estimates
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