Financials Kangji Medical Holdings Limited

Equities

9997

KYG5215A1004

Medical Equipment, Supplies & Distribution

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
7.27 HKD +0.28% Intraday chart for Kangji Medical Holdings Limited +10.99% +4.01%

Valuation

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Capitalization 1 15,830 8,056 8,717 8,175 8,175 -
Enterprise Value (EV) 1 13,603 5,106 5,899 5,051 6,697 6,105
P/E ratio 48.7 x 17.4 x 18.1 x 14.8 x 14.1 x 12 x
Yield 0.29% 2.17% 2.58% 6.45% 3.55% 4.16%
Capitalization / Revenue 30.9 x 11.7 x 11.1 x 8.34 x 7.21 x 6.08 x
EV / Revenue 26.6 x 7.4 x 7.5 x 5.45 x 5.91 x 4.54 x
EV / EBITDA 52.1 x 12 x 12.7 x 10.6 x 9.02 x 7.11 x
EV / FCF 67,170,395 x 12,611,464 x 24,214,430 x - - -
FCF Yield 0% 0% 0% - - -
Price to Book 5.39 x 2.47 x 2.59 x - - -
Nbr of stocks (in thousands) 1,252,208 1,245,177 1,218,573 1,214,821 1,214,821 -
Reference price 2 12.64 6.470 7.154 6.730 6.730 6.730
Announcement Date 3/25/21 3/22/22 3/27/23 3/20/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net sales 1 511.5 690.3 786.4 926 1,134 1,345
EBITDA 1 261.2 425.8 466.2 476.5 742.6 859.1
EBIT 1 253 413.9 444.6 443.5 688.2 796.1
Operating Margin 49.47% 59.96% 56.54% 47.9% 60.69% 59.21%
Earnings before Tax (EBT) 1 310.1 534.5 563.1 588.8 709.9 833.8
Net income 1 250.3 456.8 478.7 504 569.3 668.5
Net margin 48.93% 66.18% 60.88% 54.43% 50.2% 49.72%
EPS 2 0.2597 0.3708 0.3963 0.4299 0.4784 0.5593
Free Cash Flow 202.5 404.9 243.6 - - -
FCF margin 39.59% 58.66% 30.98% - - -
FCF Conversion (EBITDA) 77.53% 95.09% 52.25% - - -
FCF Conversion (Net income) 80.91% 88.64% 50.89% - - -
Dividend per Share 2 0.0371 0.1401 0.1845 0.4100 0.2392 0.2797
Announcement Date 3/25/21 3/22/22 3/27/23 3/20/24 - -
1CNY in Million2CNY
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 S2 2023 S1 2023 S2 2024 S1 2024 S2
Net sales 1 212.6 298.9 318.1 372.1 332.3 454 403.6 522.4 477 658.7
EBITDA - - - - - - - - - -
EBIT 1 - - 192.5 221.4 181.9 262.7 183.7 259.8 253.4 356.4
Operating Margin - - 60.51% 59.5% 54.74% 57.85% 45.52% 49.73% 53.13% 54.11%
Earnings before Tax (EBT) - - - - - - - - - -
Net income - - - - 157.7 - - - - -
Net margin - - - - 47.46% - - - - -
EPS 2 - - 0.1614 0.2094 0.1295 0.2668 0.2173 0.2126 0.2200 0.2800
Dividend per Share - - - - - - - - - -
Announcement Date 8/25/20 3/25/21 8/26/21 3/22/22 8/25/22 3/27/23 8/29/23 3/20/24 - -
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2020 2021 2022 2023 2024 2025
Net Debt 1 - - - - - -
Net Cash position 1 2,227 2,950 2,818 2,677 1,478 2,070
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 203 405 244 - - -
ROE (net income / shareholders' equity) 15.3% 13.9% 14.4% 14.4% 14.8% -
ROA (Net income/ Total Assets) 13.1% 14.3% - - - -
Assets 1 1,907 3,205 - - - -
Book Value Per Share 2.350 2.620 2.770 - - -
Cash Flow per Share 0.2300 0.3500 - - - -
Capex 17.8 30.9 75.7 - - -
Capex / Sales 3.49% 4.47% 9.63% - - -
Announcement Date 3/25/21 3/22/22 3/27/23 3/20/24 - -
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
6.73 CNY
Average target price
9.25 CNY
Spread / Average Target
+37.45%
Consensus
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  4. Financials Kangji Medical Holdings Limited