Financials Productive Technologies Company Limited

Equities

650

KYG7255N1097

Semiconductor Equipment & Testing

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.32 HKD +6.67% Intraday chart for Productive Technologies Company Limited +6.67% -30.43%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 6,826 7,519 6,067 7,443 9,758 6,372
Enterprise Value (EV) 1 5,314 6,355 5,077 6,454 7,996 5,867
P/E ratio 381 x 261 x -21.9 x -18.5 x -22.1 x -29.1 x
Yield - - - - - -
Capitalization / Revenue 55.3 x 44.8 x 24.9 x 4.23 x 70.5 x 11.2 x
EV / Revenue 43.1 x 37.8 x 20.8 x 3.67 x 57.8 x 10.3 x
EV / EBITDA 1,821 x 159 x 281 x -159 x -156 x -64.1 x
EV / FCF 5.89 x -78.3 x -249 x 199 x -63.3 x -10.8 x
FCF Yield 17% -1.28% -0.4% 0.5% -1.58% -9.27%
Price to Book 1.9 x 2.12 x 1.88 x 2.56 x 3.76 x 2.9 x
Nbr of stocks (in thousands) 6,094,404 6,595,907 6,594,867 6,891,710 7,564,447 7,496,635
Reference price 2 1.120 1.140 0.9200 1.080 1.290 0.8500
Announcement Date 7/12/18 7/18/19 7/16/20 7/20/21 7/19/22 7/26/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: März 2018 2019 2020 2021 2022 2023
Net sales 1 123.4 168 243.5 1,761 138.3 567.5
EBITDA 1 2.918 39.85 18.04 -40.48 -51.2 -91.58
EBIT 1 -53.3 -11.71 -64.15 -176.5 -106.8 -170.4
Operating Margin -43.19% -6.97% -26.34% -10.03% -77.19% -30.02%
Earnings before Tax (EBT) 1 24.32 35.48 -303.8 -464.4 -475.1 -218.9
Net income 1 14.49 27.38 -276.8 -386.7 -403.8 -222.5
Net margin 11.74% 16.29% -113.65% -21.97% -291.89% -39.21%
EPS 2 0.002939 0.004362 -0.0420 -0.0585 -0.0583 -0.0292
Free Cash Flow 1 901.6 -81.17 -20.35 32.44 -126.3 -543.9
FCF margin 730.66% -48.31% -8.36% 1.84% -91.34% -95.84%
FCF Conversion (EBITDA) 30,898.98% - - - - -
FCF Conversion (Net income) 6,221.16% - - - - -
Dividend per Share - - - - - -
Announcement Date 7/12/18 7/18/19 7/16/20 7/20/21 7/19/22 7/26/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 1,512 1,164 990 989 1,762 505
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 902 -81.2 -20.4 32.4 -126 -544
ROE (net income / shareholders' equity) 0.51% 0.77% -8.54% -13.5% -17.1% -9.56%
ROA (Net income/ Total Assets) -0.94% -0.18% -1.03% -2.93% -2.06% -3.68%
Assets 1 -1,545 -15,270 26,970 13,176 19,600 6,044
Book Value Per Share 2 0.5900 0.5400 0.4900 0.4200 0.3400 0.2900
Cash Flow per Share 2 0.2900 0.1800 0.1700 0.1400 0.0700 0.0300
Capex 1 103 107 61.6 39.2 2.78 26.7
Capex / Sales 83.75% 63.63% 25.29% 2.23% 2.01% 4.7%
Announcement Date 7/12/18 7/18/19 7/16/20 7/20/21 7/19/22 7/26/23
1HKD in Million2HKD
Estimates
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