Financials Netjoy Holdings Limited

Equities

2131

KYG6429L1068

Internet Services

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.54 HKD +3.85% Intraday chart for Netjoy Holdings Limited +9.09% -8.47%

Valuation

Fiscal Period: December 2020 2021 2022
Capitalization 1 4,983 1,686 878.4
Enterprise Value (EV) 1 4,164 1,913 1,154
P/E ratio 36.5 x 14.4 x -4.83 x
Yield - 1.92% -
Capitalization / Revenue 1.93 x 0.54 x 0.27 x
EV / Revenue 1.62 x 0.61 x 0.35 x
EV / EBITDA 37.3 x 17.7 x -5.59 x
EV / FCF -14,741,420 x -1,826,038 x 12,486,899 x
FCF Yield -0% -0% 0%
Price to Book 3.31 x 1.07 x 0.64 x
Nbr of stocks (in thousands) 800,000 795,658 795,658
Reference price 2 6.228 2.119 1.104
Announcement Date 4/28/21 4/28/22 4/27/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 235.4 1,186 2,313 2,577 3,122 3,310
EBITDA 1 37.43 82.15 101 111.7 108.2 -206.5
EBIT 1 37.22 81.89 100 109.6 105 -210.1
Operating Margin 15.81% 6.9% 4.32% 4.25% 3.36% -6.35%
Earnings before Tax (EBT) 1 35.38 74.61 79.09 111.1 134.3 -202.2
Net income 1 33 69.48 72.93 103.6 117.4 -178.1
Net margin 14.02% 5.86% 3.15% 4.02% 3.76% -5.38%
EPS - - 0.1216 0.1705 0.1471 -0.2288
Free Cash Flow - -109.4 -35.52 -282.5 -1,048 92.45
FCF margin - -9.22% -1.54% -10.96% -33.56% 2.79%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - 0.0407 -
Announcement Date 6/25/20 6/25/20 6/25/20 4/28/21 4/28/22 4/27/23
1CNY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - 6.39 53.4 - 228 276
Net Cash position 1 25.6 - - 819 - -
Leverage (Debt/EBITDA) - 0.0778 x 0.529 x - 2.103 x -1.337 x
Free Cash Flow - -109 -35.5 -282 -1,048 92.5
ROE (net income / shareholders' equity) - 49.1% 29.8% 11.6% 7.6% -12.1%
ROA (Net income/ Total Assets) - 17.9% 11.7% 5.12% 2.92% -5.46%
Assets 1 - 389.1 625.7 2,025 4,022 3,259
Book Value Per Share - - 0.4700 1.880 1.990 1.720
Cash Flow per Share - - 0.0600 1.270 0.4500 0.3500
Capex 1 0.5 0.36 2.51 4.62 8.32 1.55
Capex / Sales 0.21% 0.03% 0.11% 0.18% 0.27% 0.05%
Announcement Date 6/25/20 6/25/20 6/25/20 4/28/21 4/28/22 4/27/23
1CNY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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