Financials Leoch International Technology Limited

Equities

842

KYG546541015

Electrical Components & Equipment

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
1.24 HKD +1.64% Intraday chart for Leoch International Technology Limited +2.48% +0.81%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 727.1 715.8 525.6 962.6 1,667 1,527
Enterprise Value (EV) 1 2,904 2,502 2,163 2,888 3,707 4,135
P/E ratio 6.83 x 5.4 x 4.3 x 7.09 x 3.76 x 2.98 x
Yield 3.28% 3.39% - - 7.21% 8.93%
Capitalization / Revenue 0.08 x 0.09 x 0.05 x 0.09 x 0.13 x 0.11 x
EV / Revenue 0.3 x 0.3 x 0.22 x 0.26 x 0.29 x 0.31 x
EV / EBITDA 5.14 x 5.03 x 4.06 x 4.08 x 4.52 x 4.15 x
EV / FCF 5.16 x 6.02 x 12.3 x -37.7 x -63.3 x 113 x
FCF Yield 19.4% 16.6% 8.16% -2.65% -1.58% 0.89%
Price to Book 0.24 x 0.23 x 0.16 x 0.28 x 0.44 x 0.36 x
Nbr of stocks (in thousands) 1,357,522 1,357,522 1,357,645 1,357,855 1,357,955 1,365,991
Reference price 2 0.5356 0.5273 0.3872 0.7089 1.228 1.118
Announcement Date 4/23/19 4/21/20 4/27/21 4/28/22 4/24/23 4/22/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 9,544 8,363 9,631 11,303 12,846 13,471
EBITDA 1 565 497.1 532.3 708.3 820.8 997.5
EBIT 1 262.3 230.5 255.8 354.2 461.6 665.6
Operating Margin 2.75% 2.76% 2.66% 3.13% 3.59% 4.94%
Earnings before Tax (EBT) 1 143 158.8 161.7 192 532.6 643.9
Net income 1 106.4 132.6 123.7 136.1 442.8 535.4
Net margin 1.11% 1.59% 1.28% 1.2% 3.45% 3.97%
EPS 2 0.0784 0.0977 0.0900 0.1000 0.3261 0.3753
Free Cash Flow 1 562.5 415.8 176.5 -76.61 -58.59 36.72
FCF margin 5.89% 4.97% 1.83% -0.68% -0.46% 0.27%
FCF Conversion (EBITDA) 99.56% 83.65% 33.15% - - 3.68%
FCF Conversion (Net income) 528.6% 313.63% 142.64% - - 6.86%
Dividend per Share 2 0.0176 0.0179 - - 0.0885 0.0998
Announcement Date 4/23/19 4/21/20 4/27/21 4/28/22 4/24/23 4/22/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 2,176 1,787 1,638 1,925 2,040 2,608
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.852 x 3.594 x 3.076 x 2.718 x 2.485 x 2.615 x
Free Cash Flow 1 563 416 176 -76.6 -58.6 36.7
ROE (net income / shareholders' equity) 4.09% 3.96% 4.13% 4.78% 12.2% 13.2%
ROA (Net income/ Total Assets) 1.86% 1.63% 1.8% 2.37% 2.87% 3.38%
Assets 1 5,730 8,148 6,868 5,740 15,418 15,823
Book Value Per Share 2 2.190 2.300 2.390 2.500 2.810 3.070
Cash Flow per Share 2 0.3100 0.2100 0.2900 0.2600 0.3200 1.140
Capex 1 350 356 416 281 369 624
Capex / Sales 3.67% 4.26% 4.32% 2.48% 2.87% 4.63%
Announcement Date 4/23/19 4/21/20 4/27/21 4/28/22 4/24/23 4/22/24
1CNY in Million2CNY
Estimates
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