Financials Min Fu International Holding Limited

Equities

8511

KYG9897F1063

Industrial Machinery & Equipment

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.031 HKD 0.00% Intraday chart for Min Fu International Holding Limited +10.71% -35.42%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023
Capitalization 1 82.8 56.8 57.2 116 76.32
Enterprise Value (EV) 1 72.55 43.65 63.15 122.2 92.11
P/E ratio 11.2 x 18.1 x -17.1 x -12.5 x -2.38 x
Yield - - - - -
Capitalization / Revenue 1.58 x 1.03 x 1.43 x 3.68 x 2.39 x
EV / Revenue 1.38 x 0.8 x 1.58 x 3.88 x 2.88 x
EV / EBITDA 7.93 x 6.62 x -10.1 x -13 x -5.55 x
EV / FCF -2.16 x 7.22 x -5.34 x 138 x 8.55 x
FCF Yield -46.3% 13.8% -18.7% 0.73% 11.7%
Price to Book 1.32 x 0.89 x 0.9 x 2.06 x 2.55 x
Nbr of stocks (in thousands) 400,000 400,000 400,000 400,000 480,000
Reference price 2 0.2070 0.1420 0.1430 0.2900 0.1590
Announcement Date 6/27/19 6/15/20 5/28/21 6/29/22 6/30/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 48.4 52.4 54.89 39.96 31.51 31.97
EBITDA 1 18.67 9.147 6.592 -6.222 -9.389 -16.6
EBIT 1 18.61 9.079 6.503 -6.326 -9.905 -18.22
Operating Margin 38.44% 17.33% 11.85% -15.83% -31.43% -56.97%
Earnings before Tax (EBT) 1 -7.472 9.371 6.199 -6.391 -9.355 -26.78
Net income 1 -11.24 7.311 3.138 -3.339 -9.245 -28.25
Net margin -23.21% 13.95% 5.72% -8.36% -29.34% -88.36%
EPS 2 -0.0378 0.0185 0.007845 -0.008347 -0.0231 -0.0669
Free Cash Flow 1 15.6 -33.56 6.044 -11.83 0.8866 10.78
FCF margin 32.23% -64.06% 11.01% -29.59% 2.81% 33.71%
FCF Conversion (EBITDA) 83.55% - 91.69% - - -
FCF Conversion (Net income) - - 192.62% - - -
Dividend per Share - - - - - -
Announcement Date 6/27/18 6/27/19 6/15/20 5/28/21 6/29/22 6/30/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 8.63 - - 5.95 6.17 15.8
Net Cash position 1 - 10.3 13.1 - - -
Leverage (Debt/EBITDA) 0.4619 x - - -0.956 x -0.6575 x -0.9517 x
Free Cash Flow 1 15.6 -33.6 6.04 -11.8 0.89 10.8
ROE (net income / shareholders' equity) -113% 21.7% 4.96% -5.25% -15.5% -65.9%
ROA (Net income/ Total Assets) 27.7% 9.09% 5.45% -4.71% -7.71% -17%
Assets 1 -40.51 80.4 57.62 70.96 119.9 165.9
Book Value Per Share 2 0.0200 0.1600 0.1600 0.1600 0.1400 0.0600
Cash Flow per Share 2 0.0100 0.0200 0.0300 0.0100 0.0100 0.0100
Capex 1 0.04 0.12 0.03 0.38 7.49 0.52
Capex / Sales 0.08% 0.23% 0.06% 0.96% 23.77% 1.63%
Announcement Date 6/27/18 6/27/19 6/15/20 5/28/21 6/29/22 6/30/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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