Financials Kaisa Prosperity Holdings Limited

Equities

2168

KYG522441032

Real Estate Services

Delayed Hong Kong S.E. 11:42:01 2024-04-29 pm EDT 5-day change 1st Jan Change
1.64 HKD +0.61% Intraday chart for Kaisa Prosperity Holdings Limited +17.14% +57.69%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022
Capitalization 1 913.4 2,627 2,476 1,504 556.7
Enterprise Value (EV) 1 205.9 1,878 1,246 1,172 334.4
P/E ratio 12.9 x 16 x 10.9 x 27.1 x 5.96 x
Yield 2.42% 2.48% 3.59% - -
Capitalization / Revenue 1.02 x 2.08 x 1.43 x 0.56 x 0.31 x
EV / Revenue 0.23 x 1.49 x 0.72 x 0.44 x 0.19 x
EV / EBITDA 1.74 x 8.84 x 3.51 x 2.85 x 2.29 x
EV / FCF 0.22 x 14.8 x 9.44 x 10.8 x -4.3 x
FCF Yield 465% 6.78% 10.6% 9.29% -23.3%
Price to Book 1.8 x 3.95 x 1.98 x 1.22 x 0.42 x
Nbr of stocks (in thousands) 140,000 140,000 154,000 154,110 154,110
Reference price 2 6.524 18.77 16.08 9.761 3.612
Announcement Date 4/29/19 4/27/20 4/27/21 7/5/22 4/27/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 669.2 895.8 1,262 1,730 2,666 1,784
EBITDA 1 98.49 118.2 212.4 354.6 410.7 145.8
EBIT 1 95.64 115.3 206.7 346.2 398.4 133.4
Operating Margin 14.29% 12.87% 16.38% 20.01% 14.94% 7.48%
Earnings before Tax (EBT) 1 96.12 110.6 210.3 312.6 135 138.9
Net income 1 71.44 54.06 163.9 222 56.81 93.38
Net margin 10.68% 6.03% 12.99% 12.83% 2.13% 5.23%
EPS - 0.5050 1.170 1.480 0.3600 0.6060
Free Cash Flow 1 217.5 957.5 127.2 132.1 108.8 -77.76
FCF margin 32.5% 106.89% 10.08% 7.63% 4.08% -4.36%
FCF Conversion (EBITDA) 220.78% 810.39% 59.91% 37.24% 26.5% -
FCF Conversion (Net income) 304.38% 1,771.36% 77.64% 59.5% 191.58% -
Dividend per Share - 0.1581 0.4660 0.5773 - -
Announcement Date 11/26/18 4/29/19 4/27/20 4/27/21 7/5/22 4/27/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 402 - - - - -
Net Cash position 1 - 707 750 1,229 333 222
Leverage (Debt/EBITDA) 4.084 x - - - - -
Free Cash Flow 1 217 958 127 132 109 -77.8
ROE (net income / shareholders' equity) 26.5% 13.2% 28% 23.3% 5.3% 7.94%
ROA (Net income/ Total Assets) 5.02% 6.42% 11% 13.2% 11.9% 3.73%
Assets 1 1,424 842.2 1,490 1,676 478.6 2,502
Book Value Per Share - 3.620 4.750 8.130 8.010 8.660
Cash Flow per Share - 5.060 5.390 6.620 2.320 1.600
Capex 1 2.77 3.89 5.55 7.65 7.91 6.88
Capex / Sales 0.41% 0.43% 0.44% 0.44% 0.3% 0.39%
Announcement Date 11/26/18 4/29/19 4/27/20 4/27/21 7/5/22 4/27/23
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. 2168 Stock
  4. Financials Kaisa Prosperity Holdings Limited