Market Closed -
Hong Kong S.E.
04:08:20 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
3.34
HKD
|
+2.45%
|
|
+7.74%
|
-24.77%
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
4,422
|
13,344
|
12,964
|
9,708
|
4,404
|
3,662
|
3,662
|
-
|
Enterprise Value (EV)
1 |
5,500
|
14,315
|
12,244
|
8,912
|
4,231
|
4,780
|
5,097
|
4,162
|
P/E ratio
|
301
x
|
24.4
x
|
15.5
x
|
11.3
x
|
25.6
x
|
58.5
x
|
12.5
x
|
8.71
x
|
Yield
|
-
|
0.78%
|
0.38%
|
-
|
-
|
0.16%
|
0.69%
|
1.3%
|
Capitalization / Revenue
|
0.54
x
|
1.01
x
|
0.75
x
|
0.52
x
|
0.32
x
|
0.38
x
|
0.26
x
|
0.24
x
|
EV / Revenue
|
0.68
x
|
1.09
x
|
0.7
x
|
0.48
x
|
0.31
x
|
0.38
x
|
0.36
x
|
0.27
x
|
EV / EBITDA
|
18
x
|
15.4
x
|
8.83
x
|
6.21
x
|
11.1
x
|
13.7
x
|
6.45
x
|
4.35
x
|
EV / FCF
|
-8.26
x
|
11.5
x
|
4
x
|
13.3
x
|
6.6
x
|
15.6
x
|
23.3
x
|
8.27
x
|
FCF Yield
|
-12.1%
|
8.69%
|
25%
|
7.54%
|
15.1%
|
6.42%
|
4.29%
|
12.1%
|
Price to Book
|
2.09
x
|
4.58
x
|
3.41
x
|
2.06
x
|
0.92
x
|
0.75
x
|
0.72
x
|
0.68
x
|
Nbr of stocks (in thousands)
|
1,131,722
|
1,157,476
|
1,172,251
|
1,181,986
|
1,184,538
|
1,184,538
|
1,184,538
|
-
|
Reference price
2 |
3.907
|
11.53
|
11.06
|
8.213
|
3.718
|
3.092
|
3.092
|
3.092
|
Announcement Date
|
3/25/19
|
3/9/20
|
3/26/21
|
3/21/22
|
3/13/23
|
3/25/24
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
8,135
|
13,170
|
17,400
|
18,663
|
13,759
|
12,531
|
14,016
|
15,421
|
EBITDA
1 |
305.8
|
931.9
|
1,387
|
1,435
|
382.7
|
347.9
|
789.8
|
957.2
|
EBIT
1 |
70.04
|
640.5
|
1,002
|
935.4
|
-84.24
|
289
|
437.5
|
534.1
|
Operating Margin
|
0.86%
|
4.86%
|
5.76%
|
5.01%
|
-0.61%
|
2.31%
|
3.12%
|
3.46%
|
Earnings before Tax (EBT)
1 |
1.33
|
606.9
|
970.1
|
957.3
|
107.1
|
68.13
|
303.7
|
430.5
|
Net income
1 |
14.4
|
542.4
|
840.1
|
863
|
171.2
|
81.92
|
289.8
|
421.4
|
Net margin
|
0.18%
|
4.12%
|
4.83%
|
4.62%
|
1.24%
|
0.65%
|
2.07%
|
2.73%
|
EPS
2 |
0.0130
|
0.4720
|
0.7140
|
0.7280
|
0.1450
|
0.0690
|
0.2476
|
0.3551
|
Free Cash Flow
1 |
-666
|
1,243
|
3,063
|
672.2
|
640.8
|
260.6
|
218.5
|
503.5
|
FCF margin
|
-8.19%
|
9.44%
|
17.6%
|
3.6%
|
4.66%
|
2.13%
|
1.56%
|
3.26%
|
FCF Conversion (EBITDA)
|
-
|
133.42%
|
220.9%
|
46.83%
|
167.47%
|
43.77%
|
27.66%
|
52.6%
|
FCF Conversion (Net income)
|
-
|
229.23%
|
364.61%
|
77.9%
|
374.42%
|
189.13%
|
75.4%
|
119.48%
|
Dividend per Share
2 |
-
|
0.0900
|
0.0420
|
-
|
-
|
0.005000
|
0.0213
|
0.0403
|
Announcement Date
|
3/25/19
|
3/9/20
|
3/26/21
|
3/21/22
|
3/13/23
|
3/25/24
|
-
|
-
|
Fiscal Period: December |
2019 S1
|
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
5,061
|
8,109
|
8,802
|
8,598
|
9,336
|
9,327
|
7,095
|
6,664
|
5,477
|
7,054
|
6,301
|
7,962
|
7,207
|
8,376
|
EBITDA
|
360.6
|
571.3
|
-
|
844.2
|
881.6
|
553.8
|
268.8
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
227.8
|
412.7
|
360.2
|
641.9
|
675.5
|
259.9
|
37.39
|
-121.6
|
-85.6
|
186.3
|
139.3
|
201.3
|
157
|
196
|
Operating Margin
|
4.5%
|
5.09%
|
4.09%
|
7.47%
|
7.24%
|
2.79%
|
0.53%
|
-1.83%
|
-1.56%
|
2.64%
|
2.21%
|
2.53%
|
2.18%
|
2.34%
|
Earnings before Tax (EBT)
1 |
200
|
406.9
|
375
|
595.1
|
656.5
|
300.8
|
141.6
|
-34.51
|
8.215
|
59.92
|
104
|
188
|
-
|
-
|
Net income
1 |
180.8
|
361.5
|
335.5
|
504.6
|
570.7
|
292.2
|
166.2
|
4.988
|
20.8
|
61.12
|
120.3
|
173.3
|
165
|
200
|
Net margin
|
3.57%
|
4.46%
|
3.81%
|
5.87%
|
6.11%
|
3.13%
|
2.34%
|
0.07%
|
0.38%
|
0.87%
|
1.91%
|
2.18%
|
2.29%
|
2.39%
|
EPS
2 |
0.1580
|
0.3140
|
0.2850
|
0.4290
|
0.4810
|
0.2470
|
0.1400
|
0.005000
|
0.0180
|
0.0510
|
0.0800
|
0.1250
|
0.1400
|
0.1700
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/12/19
|
3/9/20
|
8/17/20
|
3/26/21
|
8/25/21
|
3/21/22
|
8/8/22
|
3/13/23
|
8/7/23
|
3/25/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
1 |
1,078
|
971
|
-
|
-
|
-
|
399
|
1,435
|
500
|
Net Cash position
1 |
-
|
-
|
720
|
796
|
174
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.526
x
|
1.042
x
|
-
|
-
|
-
|
0.6705
x
|
1.816
x
|
0.5223
x
|
Free Cash Flow
1 |
-666
|
1,243
|
3,063
|
672
|
641
|
261
|
219
|
504
|
ROE (net income / shareholders' equity)
|
0.68%
|
21.8%
|
25.3%
|
20.3%
|
3.62%
|
2.98%
|
5.46%
|
7.45%
|
ROA (Net income/ Total Assets)
|
0.23%
|
6.35%
|
7.62%
|
7.06%
|
1.35%
|
1.07%
|
1.64%
|
2.51%
|
Assets
1 |
6,269
|
8,537
|
11,019
|
12,226
|
12,667
|
12,845
|
17,634
|
16,800
|
Book Value Per Share
2 |
1.870
|
2.520
|
3.240
|
3.980
|
4.020
|
4.110
|
4.290
|
4.550
|
Cash Flow per Share
2 |
-0.1500
|
2.090
|
3.060
|
1.350
|
0.8900
|
1.290
|
0.5100
|
0.6600
|
Capex
1 |
493
|
1,156
|
541
|
924
|
408
|
399
|
534
|
498
|
Capex / Sales
|
6.07%
|
8.78%
|
3.11%
|
4.95%
|
2.96%
|
3.26%
|
3.81%
|
3.23%
|
Announcement Date
|
3/25/19
|
3/9/20
|
3/26/21
|
3/21/22
|
3/13/23
|
3/25/24
|
-
|
-
|
Last Close Price
3.092
CNY Average target price
3.636
CNY Spread / Average Target +17.59% Consensus |
1st Jan change
|
Capi.
|
---|
| -24.77% | 505M | | -23.87% | 8.94B | | +15.15% | 3.54B | | +0.95% | 1.47B | | -24.38% | 1.25B | | -34.88% | 1.23B | | +58.52% | 999M | | -27.37% | 987M | | +16.47% | 880M | | +19.55% | 833M |
Photographic Equipment
|