Financials Goodbaby International Holdings Limited

Equities

Delayed Hong Kong S.E. Other stock markets 09:58:31 2024-04-28 pm EDT			5-day change	1st Jan Change
0.67 ^HKD	+1.52%		+1.52%	-6.94%

Apr. 19	Goodbaby International 2023 Profit Jumps Nearly Seven Times	MT
Mar. 26	Goodbaby International Holdings Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	2,886	1,751	1,668	1,051	1,201	1,101	-
Enterprise Value (EV) ¹	4,840	3,050	4,030	1,051	1,201	1,101	1,101
P/E ratio	14.4 x	7 x	14.3 x	31.5 x	6 x	4.13 x	3.47 x
Yield	-	-	-	-	-	-	-
Capitalization / Revenue	0.33 x	0.21 x	0.17 x	-	0.15 x	0.13 x	0.12 x
EV / Revenue	0.33 x	0.21 x	0.17 x	-	0.15 x	0.13 x	0.12 x
EV / EBITDA	3.6 x	1.96 x	2.5 x	-	1.44 x	1.39 x	1.3 x
EV / FCF	7,273,483 x	2,162,222 x	-82,826,035 x	-	-	-	-
FCF Yield	0%	0%	-0%	-	-	-	-
Price to Book	0.57 x	0.3 x	0.28 x	-	-	0.19 x	0.18 x
Nbr of stocks (in thousands)	1,668,023	1,668,023	1,668,031	1,668,031	1,668,031	1,668,031	-
Reference price ²	1.730	1.050	1.000	0.6300	0.7200	0.6600	0.6600
Announcement Date	3/24/20	3/23/21	3/22/22	3/28/23	3/26/24	-	-

¹HKD in Million²HKD

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	8,777	8,305	9,692	-	7,927	8,771	9,429
EBITDA ¹	801.6	895.5	666.3	-	833.4	791	844
EBIT ¹	389.9	430	166	-	368.4	457	492
Operating Margin	4.44%	5.18%	1.71%	-	4.65%	5.21%	5.22%
Earnings before Tax (EBT) ¹	252.8	320.7	111.8	-	196.4	324	396
Net income ¹	202.2	256.6	123.8	33.49	203.5	259	317
Net margin	2.3%	3.09%	1.28%	-	2.57%	2.95%	3.36%
EPS ²	0.1200	0.1500	0.0700	0.0200	0.1200	0.1600	0.1900
Free Cash Flow	396.7	810	-20.14	-	-	-	-
FCF margin	4.52%	9.75%	-0.21%	-	-	-	-
FCF Conversion (EBITDA)	49.49%	90.45%	-	-	-	-	-
FCF Conversion (Net income)	196.22%	315.7%	-	-	-	-	-
Dividend per Share	-	-	-	-	-	-	-
Announcement Date	3/24/20	3/23/21	3/22/22	3/28/23	3/26/24	-	-

¹HKD in Million²HKD

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net Debt	1,954	1,298	2,362	-	-	-	-
Net Cash position	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	2.438 x	1.45 x	3.545 x	-	-	-	-
Free Cash Flow	397	810	-20.1	-	-	-	-
ROE (net income / shareholders' equity)	4.06%	4.76%	3.26%	-	-	4.5%	5.3%
ROA (Net income/ Total Assets)	1.88%	2.26%	1.54%	-	-	2.3%	2.7%
Assets ¹	10,748	11,373	8,057	-	-	11,261	11,741
Book Value Per Share ²	3.020	3.450	3.630	-	-	3.510	3.700
Cash Flow per Share ²	0.4100	0.6300	0.1900	-	-	0.1000	0.2500
Capex ¹	289	245	315	-	-	368	359
Capex / Sales	3.3%	2.95%	3.24%	-	-	4.2%	3.81%
Announcement Date	3/24/20	3/23/21	3/22/22	3/28/23	3/26/24	-	-

¹HKD in Million²HKD

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

0.66 HKD

Average target price

0.78 HKD

Spread / Average Target

+18.18%

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