Financials Mei Ah Entertainment Group Limited

Equities

391

BMG5964A1523

Entertainment Production

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.126 HKD -0.79% Intraday chart for Mei Ah Entertainment Group Limited -13.10% -25.88%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,955 1,629 651.6 592.4 545 1,362
Enterprise Value (EV) 1 1,931 1,696 854.4 804.1 781.6 1,546
P/E ratio -39.8 x -19.1 x -6.7 x -10.2 x -13.9 x -27.9 x
Yield - - - - - -
Capitalization / Revenue 17.1 x 13.5 x 4.24 x 6.2 x 6.97 x 18 x
EV / Revenue 16.9 x 14.1 x 5.56 x 8.41 x 9.99 x 20.5 x
EV / EBITDA -50.7 x -60 x -25.6 x -24.2 x -28 x -64.4 x
EV / FCF -19.6 x -29.7 x -156 x -32.6 x -26.4 x 410 x
FCF Yield -5.11% -3.37% -0.64% -3.07% -3.78% 0.24%
Price to Book 3.13 x 3.04 x 1.49 x 1.58 x 1.52 x 4.11 x
Nbr of stocks (in thousands) 5,923,739 5,923,739 5,923,739 5,923,739 5,923,739 5,923,739
Reference price 2 0.3300 0.2750 0.1100 0.1000 0.0920 0.2300
Announcement Date 7/30/18 7/30/19 7/31/20 7/30/21 7/29/22 7/28/23
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Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 114.5 120.4 153.6 95.59 78.22 75.57
EBITDA 1 -38.09 -28.25 -33.34 -33.25 -27.94 -24.02
EBIT 1 -46.17 -39.12 -50.39 -51.86 -39.78 -36.27
Operating Margin -40.32% -32.49% -32.8% -54.25% -50.86% -48%
Earnings before Tax (EBT) 1 -49.78 -83.65 -101.2 -67.16 -42.57 -53.1
Net income 1 -49.16 -85.43 -97.19 -58.25 -39.23 -48.92
Net margin -42.93% -70.96% -63.27% -60.94% -50.16% -64.73%
EPS 2 -0.008298 -0.0144 -0.0164 -0.009833 -0.006622 -0.008257
Free Cash Flow 1 -98.59 -57.09 -5.472 -24.68 -29.56 3.767
FCF margin -86.1% -47.42% -3.56% -25.82% -37.79% 4.99%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 7/30/18 7/30/19 7/31/20 7/30/21 7/29/22 7/28/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - 66.9 203 212 237 183
Net Cash position 1 24 - - - - -
Leverage (Debt/EBITDA) - -2.37 x -6.083 x -6.369 x -8.471 x -7.637 x
Free Cash Flow 1 -98.6 -57.1 -5.47 -24.7 -29.6 3.77
ROE (net income / shareholders' equity) -7.78% -15.2% -20.1% -14.4% -10.5% -13.9%
ROA (Net income/ Total Assets) -3.48% -3.03% -3.78% -3.93% -3.23% -3.14%
Assets 1 1,413 2,822 2,571 1,481 1,214 1,559
Book Value Per Share 2 0.1100 0.0900 0.0700 0.0600 0.0600 0.0600
Cash Flow per Share 2 0.0100 0 0 0 0 0.0100
Capex 1 6.49 51 1.46 1.06 8.93 1.92
Capex / Sales 5.67% 42.39% 0.95% 1.11% 11.42% 2.54%
Announcement Date 7/30/18 7/30/19 7/31/20 7/30/21 7/29/22 7/28/23
1HKD in Million2HKD
Estimates
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