Financials Man Sang International Limited

Equities

938

BMG579461325

Real Estate Development & Operations

Delayed Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.9 HKD 0.00% Intraday chart for Man Sang International Limited 0.00% -24.37%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 867.3 1,010 781.5 928.6 906.1 1,048
Enterprise Value (EV) 1 2,760 3,173 3,164 3,677 3,675 3,866
P/E ratio -9.36 x -7.81 x -4.1 x -1.67 x -2.03 x -2.17 x
Yield - - - - - -
Capitalization / Revenue 37.4 x 6.45 x 6.26 x 5.85 x 7.77 x 7.65 x
EV / Revenue 119 x 20.2 x 25.3 x 23.2 x 31.5 x 28.2 x
EV / EBITDA -56.9 x 292 x -240 x -34.7 x -55 x -106 x
EV / FCF 24.4 x -39.4 x -55.8 x -26.8 x -18.5 x -251 x
FCF Yield 4.1% -2.54% -1.79% -3.73% -5.39% -0.4%
Price to Book 0.85 x 1.3 x 1.66 x 4.98 x 4.74 x -2.65 x
Nbr of stocks (in thousands) 381,234 381,234 381,234 442,199 647,199 647,199
Reference price 2 2.275 2.650 2.050 2.100 1.400 1.620
Announcement Date 6/21/18 6/23/19 7/29/20 7/29/21 7/28/22 7/28/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 23.19 156.7 124.9 158.7 116.7 137.1
EBITDA 1 -48.49 10.87 -13.17 -105.9 -66.78 -36.34
EBIT 1 -48.82 10.12 -25.36 -146.4 -105.1 -70.17
Operating Margin -210.56% 6.46% -20.31% -92.22% -90.06% -51.17%
Earnings before Tax (EBT) 1 -87.05 -95.33 -165.1 -515 -375.2 -481.3
Net income 1 -92.65 -129.3 -190.8 -521.8 -371.7 -482.9
Net margin -399.56% -82.52% -152.85% -328.75% -318.66% -352.15%
EPS 2 -0.2430 -0.3392 -0.5006 -1.256 -0.6906 -0.7462
Free Cash Flow 1 113.3 -80.45 -56.66 -137.1 -198.2 -15.4
FCF margin 488.42% -51.33% -45.38% -86.36% -169.92% -11.23%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 6/21/18 6/23/19 7/29/20 7/29/21 7/28/22 7/28/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 1,892 2,163 2,383 2,748 2,769 2,818
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -39.02 x 199.1 x -180.9 x -25.96 x -41.47 x -77.52 x
Free Cash Flow 1 113 -80.5 -56.7 -137 -198 -15.4
ROE (net income / shareholders' equity) -10.2% -14.4% -30.6% -178% -198% 466%
ROA (Net income/ Total Assets) -0.8% 0.19% -0.4% -2.23% -1.92% -1.42%
Assets 1 11,641 -68,789 48,278 23,351 19,405 33,956
Book Value Per Share 2 2.690 2.030 1.230 0.4200 0.3000 -0.6100
Cash Flow per Share 2 0.1500 0.4300 3.610 0.3500 0.0500 0.0500
Capex 1 86.4 85.8 104 3.39 3.49 3.63
Capex / Sales 372.72% 54.72% 82.97% 2.14% 2.99% 2.65%
Announcement Date 6/21/18 6/23/19 7/29/20 7/29/21 7/28/22 7/28/23
1HKD in Million2HKD
Estimates
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