Market Closed -
Hong Kong S.E.
04:08:20 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
4.23
HKD
|
-3.20%
|
|
-1.86%
|
+21.90%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
34,429
|
30,501
|
48,381
|
52,761
|
49,217
|
64,509
|
-
|
-
|
Enterprise Value (EV)
1 |
140,304
|
130,936
|
158,665
|
171,561
|
161,309
|
165,771
|
159,655
|
153,627
|
P/E ratio
|
9.18
x
|
4.99
x
|
-6.25
x
|
-30.3
x
|
8.93
x
|
6.97
x
|
6.01
x
|
5.61
x
|
Yield
|
5.52%
|
15.2%
|
9.02%
|
7.01%
|
4.76%
|
6.38%
|
7.53%
|
8.13%
|
Capitalization / Revenue
|
0.37
x
|
0.34
x
|
0.46
x
|
0.49
x
|
0.42
x
|
0.55
x
|
0.55
x
|
0.53
x
|
EV / Revenue
|
1.5
x
|
1.46
x
|
1.52
x
|
1.6
x
|
1.38
x
|
1.41
x
|
1.36
x
|
1.25
x
|
EV / EBITDA
|
8.16
x
|
7.25
x
|
64.8
x
|
20.7
x
|
10.1
x
|
9.17
x
|
8.36
x
|
7.65
x
|
EV / FCF
|
21.8
x
|
19.9
x
|
-6.47
x
|
-248
x
|
55.7
x
|
18.9
x
|
40.5
x
|
17.7
x
|
FCF Yield
|
4.59%
|
5.04%
|
-15.4%
|
-0.4%
|
1.8%
|
5.29%
|
2.47%
|
5.66%
|
Price to Book
|
0.42
x
|
0.22
x
|
0.43
x
|
0.4
x
|
0.45
x
|
0.59
x
|
0.56
x
|
0.52
x
|
Nbr of stocks (in thousands)
|
9,862,977
|
9,862,977
|
9,869,858
|
9,869,858
|
10,227,561
|
10,227,561
|
-
|
-
|
Reference price
2 |
2.645
|
1.641
|
2.770
|
2.853
|
3.154
|
3.916
|
3.916
|
3.916
|
Announcement Date
|
3/25/20
|
3/5/21
|
3/25/22
|
3/29/23
|
3/27/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
93,654
|
89,382
|
104,422
|
107,059
|
117,176
|
117,296
|
117,778
|
122,826
|
EBITDA
1 |
17,191
|
18,049
|
2,448
|
8,280
|
15,977
|
18,085
|
19,102
|
20,087
|
EBIT
1 |
5,493
|
6,765
|
-8,549
|
-1,336
|
5,703
|
8,382
|
9,212
|
11,530
|
Operating Margin
|
5.87%
|
7.57%
|
-8.19%
|
-1.25%
|
4.87%
|
7.15%
|
7.82%
|
9.39%
|
Earnings before Tax (EBT)
1 |
5,537
|
7,044
|
-8,426
|
-1,150
|
5,810
|
9,303
|
10,314
|
12,497
|
Net income
1 |
3,407
|
4,179
|
-4,965
|
99.81
|
4,522
|
6,410
|
6,927
|
8,339
|
Net margin
|
3.64%
|
4.68%
|
-4.76%
|
0.09%
|
3.86%
|
5.46%
|
5.88%
|
6.79%
|
EPS
2 |
0.2880
|
0.3290
|
-0.4430
|
-0.0940
|
0.3530
|
0.5616
|
0.6519
|
0.6979
|
Free Cash Flow
1 |
6,439
|
6,594
|
-24,511
|
-692.1
|
2,897
|
8,776
|
3,941
|
8,689
|
FCF margin
|
6.88%
|
7.38%
|
-23.47%
|
-0.65%
|
2.47%
|
7.48%
|
3.35%
|
7.07%
|
FCF Conversion (EBITDA)
|
37.46%
|
36.54%
|
-
|
-
|
18.13%
|
48.52%
|
20.63%
|
43.26%
|
FCF Conversion (Net income)
|
189%
|
157.78%
|
-
|
-
|
64.07%
|
136.91%
|
56.9%
|
104.2%
|
Dividend per Share
2 |
0.1460
|
0.2500
|
0.2500
|
0.2000
|
0.1500
|
0.2499
|
0.2947
|
0.3183
|
Announcement Date
|
3/25/20
|
3/5/21
|
3/25/22
|
3/29/23
|
3/27/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2022 Q1
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
---|
Net sales
1 |
48,490
|
28,816
|
-
|
27,471
|
31,275
|
26,451
|
30,952
|
28,190
|
32,094
|
27,143
|
33,362
|
28,660
|
EBITDA
|
10,191
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
3,918
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
8.08%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
2,749
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
1,747
|
616.7
|
1,134
|
-
|
1,917
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
3.6%
|
2.14%
|
-
|
-
|
6.13%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/25/20
|
4/29/22
|
4/28/23
|
8/30/23
|
10/30/23
|
3/27/24
|
4/26/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
106,330
|
100,435
|
110,284
|
118,800
|
112,092
|
101,262
|
95,146
|
89,118
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
5.306
x
|
5.565
x
|
45.06
x
|
14.35
x
|
7.016
x
|
5.599
x
|
4.981
x
|
4.437
x
|
Free Cash Flow
1 |
6,439
|
6,594
|
-24,511
|
-692
|
2,897
|
8,776
|
3,941
|
8,689
|
ROE (net income / shareholders' equity)
|
5.85%
|
7.03%
|
-7.29%
|
-2.12%
|
9.34%
|
9.8%
|
10.9%
|
10.2%
|
ROA (Net income/ Total Assets)
|
1.47%
|
1.8%
|
-2.15%
|
-
|
2.03%
|
2.51%
|
2.76%
|
2.8%
|
Assets
1 |
229,825
|
232,191
|
230,807
|
-
|
223,150
|
255,170
|
251,333
|
298,175
|
Book Value Per Share
2 |
6.350
|
7.420
|
6.450
|
7.140
|
7.080
|
6.680
|
6.960
|
7.500
|
Cash Flow per Share
2 |
1.580
|
2.060
|
-1.090
|
-
|
-
|
1.820
|
2.030
|
1.880
|
Capex
1 |
14,938
|
18,654
|
12,875
|
10,347
|
10,354
|
10,439
|
9,099
|
8,595
|
Capex / Sales
|
16.28%
|
20.87%
|
12.33%
|
9.66%
|
8.84%
|
8.9%
|
7.73%
|
7%
|
Announcement Date
|
3/25/20
|
3/5/21
|
3/25/22
|
3/29/23
|
3/27/24
|
-
|
-
|
-
|
Last Close Price
3.916
CNY Average target price
4.224
CNY Spread / Average Target +7.87% Consensus |
1st Jan change
|
Capi.
|
---|
| +21.90% | 8.9B | | +14.41% | 41.39B | | +12.65% | 27.36B | | +17.68% | 15.95B | | +25.58% | 12.07B | | +22.76% | 6.41B | | +56.88% | 5.9B | | +33.57% | 5.08B | | -1.01% | 4.17B | | 0.00% | 3.72B |
Other Independent Power Producers
|