Financials Kangqiao Service Group Limited

Equities

2205

KYG5224S1003

Real Estate Services

Market Closed - Hong Kong S.E. 04:08:17 2024-05-07 am EDT 5-day change 1st Jan Change
0.73 HKD -2.67% Intraday chart for Kangqiao Service Group Limited +1.39% -5.19%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 2,065 587.3 489.9
Enterprise Value (EV) 1 1,509 173.8 91.59
P/E ratio 21.3 x 10.9 x 12.7 x
Yield 1.02% 6.79% 7.57%
Capitalization / Revenue 2.64 x 0.74 x 0.52 x
EV / Revenue 1.93 x 0.22 x 0.1 x
EV / EBITDA 11.7 x 1.85 x 1.18 x
EV / FCF 3,721,696 x -1,377,794 x 2,009,047 x
FCF Yield 0% -0% 0%
Price to Book 3.09 x 0.83 x 0.69 x
Nbr of stocks (in thousands) 700,000 700,000 700,000
Reference price 2 2.950 0.8390 0.6999
Announcement Date 4/29/22 8/11/23 4/17/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 228.9 362.8 575.6 783.6 792.9 934
EBITDA 1 29.83 82.9 129.4 129.1 94.15 77.3
EBIT 1 28.4 80.86 125.5 124.1 86.04 68.73
Operating Margin 12.4% 22.29% 21.8% 15.84% 10.85% 7.36%
Earnings before Tax (EBT) 1 28.99 80.37 123.9 120.2 83.01 72.15
Net income 1 21.81 60.18 88.38 83.88 54.12 38.48
Net margin 9.53% 16.59% 15.36% 10.71% 6.83% 4.12%
EPS - - - 0.1384 0.0773 0.0550
Free Cash Flow - 59.46 -240.8 405.5 -126.1 45.59
FCF margin - 16.39% -41.83% 51.75% -15.91% 4.88%
FCF Conversion (EBITDA) - 71.72% - 313.98% - 58.97%
FCF Conversion (Net income) - 98.8% - 483.38% - 118.46%
Dividend per Share - - - 0.0300 0.0570 0.0530
Announcement Date 6/29/21 6/29/21 6/29/21 4/29/22 8/11/23 4/17/24
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 29.1 8.24 224 - - -
Net Cash position 1 - - - 556 414 398
Leverage (Debt/EBITDA) 0.9771 x 0.0994 x 1.731 x - - -
Free Cash Flow - 59.5 -241 405 -126 45.6
ROE (net income / shareholders' equity) - 126% 79.6% 20.4% 9.01% 6.92%
ROA (Net income/ Total Assets) - 14.8% 11.8% 7.62% 4.67% 3.55%
Assets 1 - 406.6 751.8 1,101 1,160 1,085
Book Value Per Share - - - 0.9500 1.020 1.020
Cash Flow per Share - - - 0.7700 0.4900 0.5100
Capex 1 1.37 1.19 2.48 3.47 7.45 6.82
Capex / Sales 0.6% 0.33% 0.43% 0.44% 0.94% 0.73%
Announcement Date 6/29/21 6/29/21 6/29/21 4/29/22 8/11/23 4/17/24
1CNY in Million
Estimates
  1. Stock Market
  2. Equities
  3. 2205 Stock
  4. Financials Kangqiao Service Group Limited
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