Financials JS Global Lifestyle Company Limited

Equities

1691

KYG2S85A1045

Appliances, Tools & Housewares

Market Closed - Hong Kong S.E. Other stock markets 04:08:20 2024-04-26 am EDT			5-day change	1st Jan Change
1.48 ^HKD	+1.37%		+0.68%	-4.52%

Apr. 08	JS Global Lifestyle Arm to Make Appliances Worth $220 Million for SharkNinja This Year	MT
Mar. 28	JS Global Lifestyle Company Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Valuation

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	2,502	6,742	5,890	3,896	656.9	656.9	-
Enterprise Value (EV) ¹	3,218	7,186	6,364	4,249	369.9	531.4	432.7
P/E ratio	59.2 x	19.5 x	13.7 x	11.7 x	13.2 x	8.07 x	6.6 x
Yield	10%	1.77%	3.13%	-	6.09%	6.21%	5.71%
Capitalization / Revenue	0.83 x	1.61 x	1.14 x	0.77 x	0.48 x	0.43 x	0.38 x
EV / Revenue	1.07 x	1.71 x	1.24 x	0.84 x	0.26 x	0.34 x	0.25 x
EV / EBITDA	8.76 x	10.8 x	8.68 x	6.31 x	0.93 x	2.02 x	1.58 x
EV / FCF	10.5 x	12.2 x	24 x	10.5 x	0.86 x	2.49 x	1.74 x
FCF Yield	9.5%	8.21%	4.16%	9.54%	117%	40.2%	57.6%
Price to Book	1.95 x	4.18 x	3.17 x	2.05 x	1.29 x	1.02 x	0.88 x
Nbr of stocks (in thousands)	3,407,173	3,489,112	3,494,612	3,469,175	3,474,572	3,474,572	-
Reference price ²	0.7343	1.932	1.686	1.123	0.1891	0.1891	0.1891
Announcement Date	3/31/20	3/31/21	3/29/22	3/31/23	3/28/24	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	3,016	4,196	5,151	5,041	1,429	1,543	1,731
EBITDA ¹	367.4	662.9	733.5	673	397.1	263.2	273.9
EBIT ¹	201.9	558	616.7	479.9	114.6	135.5	148.9
Operating Margin	6.69%	13.3%	11.97%	9.52%	8.22%	8.78%	8.6%
Earnings before Tax (EBT) ¹	119	526.8	574.8	456.7	84.82	124	147.3
Net income ¹	42.13	344.4	420.5	332.3	131.7	83.63	103.2
Net margin	1.4%	8.21%	8.16%	6.59%	9.22%	5.42%	5.96%
EPS ²	0.0124	0.0990	0.1230	0.0960	0.0150	0.0234	0.0287
Free Cash Flow ¹	305.6	590.1	265	405.3	525	213.5	249
FCF margin	10.13%	14.06%	5.15%	8.04%	37.65%	13.83%	14.38%
FCF Conversion (EBITDA)	83.19%	89.02%	36.13%	60.23%	219.4%	81.1%	90.91%
FCF Conversion (Net income)	725.38%	171.32%	63.03%	121.98%	650.72%	255.3%	241.31%
Dividend per Share ²	0.0734	0.0342	0.0527	-	0.0115	0.0117	0.0108
Announcement Date	3/31/20	3/31/21	3/29/22	3/31/23	3/28/24	-	-

¹USD in Million²USD

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2020 S1	2020 S2	2021 S1	2021 S2	2022 S1	2022 S2
Net sales ¹	1,515	2,681	-	2,911	2,232	2,809
EBITDA	-	-	-	383	-	-
EBIT ¹	-	-	-	323.1	234	245.8
Operating Margin	-	-	-	11.1%	10.48%	8.75%
Earnings before Tax (EBT) ¹	-	-	-	304.5	229.3	227.4
Net income ¹	81.78	262.7	193.4	227.1	163.9	168.4
Net margin	5.4%	9.8%	-	7.8%	7.34%	5.99%
EPS	-	-	0.0570	-	-	-
Dividend per Share	-	-	-	-	-	-
Announcement Date	8/25/20	3/31/21	8/30/21	3/29/22	8/29/22	3/31/23

¹USD in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	716	445	474	353	-	-	-
Net Cash position ¹	-	-	-	-	320	126	224
Leverage (Debt/EBITDA)	1.949 x	0.671 x	0.6463 x	0.5244 x	-	-	-
Free Cash Flow ¹	306	590	265	405	525	214	249
ROE (net income / shareholders' equity)	7.11%	23.8%	24.2%	17.7%	10.8%	13.3%	10.1%
ROA (Net income/ Total Assets)	1.19%	8.17%	8.89%	7.04%	2.61%	6.41%	5.8%
Assets ¹	3,541	4,214	4,730	4,723	3,095	1,305	1,778
Book Value Per Share ²	0.3800	0.4600	0.5300	0.5500	0.1500	0.1900	0.2200
Cash Flow per Share ²	0.1700	0.1900	0.1000	0.1500	0.1600	-0.0100	0.0300
Capex ¹	74.2	62.9	64.5	95.6	90.1	23	58.7
Capex / Sales	2.46%	1.5%	1.25%	1.9%	6.46%	1.49%	3.39%
Announcement Date	3/31/20	3/31/21	3/29/22	3/31/23	3/28/24	-	-

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

Ratings for JS Global Lifestyle Company Limited

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.1891 USD

Average target price

0.2134 USD

Spread / Average Target

+12.90%

Consensus

EPS Revisions

Estimates Revisions

Quarterly revenue - Rate of surprise

Company calendar

Sector Household Appliances

	1st Jan change	Capi.
JS GLOBAL LIFESTYLE COMPANY LIMITED	-4.52%	657M
GREE ELECTRIC APPLIANCES, INC. OF ZHUHAI	+22.79%	28.64B
BEIJING ROBOROCK TECHNOLOGY CO., LTD.	+35.11%	6.93B
HISENSE HOME APPLIANCES GROUP CO., LTD.	+81.37%	6.43B
WHIRLPOOL CORPORATION	-22.31%	5.17B
ECOVACS ROBOTICS CO., LTD.	+0.22%	3.3B
ARÇELIK ANONIM SIRKETI	+30.89%	3.14B
RINNAI CORPORATION	+2.91%	3.06B
SHANGHAI FLYCO ELECTRICAL APPLIANCE CO., LTD.	-0.02%	3.04B
COWAY CO., LTD.	-1.92%	2.96B

Household Appliances