Financials Redco Properties Group Limited

Equities

1622

KYG733101318

Real Estate Development & Operations

Market Closed - Hong Kong S.E. 04:08:19 2023-03-29 am EDT 5-day change 1st Jan Change
1.33 HKD +0.76% Intraday chart for Redco Properties Group Limited -.--% -.--%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021
Capitalization 1 10,531 13,909 12,061 8,669 7,553
Enterprise Value (EV) 1 14,444 21,479 19,036 19,341 20,056
P/E ratio 12.2 x 14 x 11.7 x 6.69 x 8.54 x
Yield 1.69% 1.4% 0.88% 2.05% -
Capitalization / Revenue 1.56 x 2.06 x 1.4 x 0.7 x 0.37 x
EV / Revenue 2.14 x 3.19 x 2.21 x 1.55 x 0.98 x
EV / EBITDA 11.5 x 12 x 9.25 x 15 x 7.13 x
EV / FCF -8.58 x -4.49 x -8.08 x -2.9 x -12.1 x
FCF Yield -11.7% -22.3% -12.4% -34.5% -8.26%
Price to Book 2.76 x 3.18 x 2.33 x 1.27 x 0.96 x
Nbr of stocks (in thousands) 3,551,609 3,551,609 3,551,609 3,551,609 3,551,609
Reference price 2 2.965 3.916 3.396 2.441 2.127
Announcement Date 4/6/18 4/22/19 4/23/20 4/27/21 4/27/22
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021
Net sales 1 6,734 6,736 8,602 12,452 20,396
EBITDA 1 1,258 1,795 2,057 1,292 2,812
EBIT 1 1,251 1,785 2,034 1,260 2,753
Operating Margin 18.58% 26.5% 23.65% 10.12% 13.5%
Earnings before Tax (EBT) 1 1,598 2,213 2,641 2,126 3,857
Net income 1 862.2 990.7 1,035 1,296 884
Net margin 12.8% 14.71% 12.03% 10.41% 4.33%
EPS 2 0.2428 0.2790 0.2914 0.3649 0.2489
Free Cash Flow 1 -1,684 -4,783 -2,356 -6,680 -1,656
FCF margin -25% -71.01% -27.39% -53.64% -8.12%
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share 2 0.0500 0.0550 0.0300 0.0500 -
Announcement Date 4/6/18 4/22/19 4/23/20 4/27/21 4/27/22
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021
Net Debt 1 3,913 7,570 6,975 10,672 12,503
Net Cash position 1 - - - - -
Leverage (Debt/EBITDA) 3.111 x 4.218 x 3.391 x 8.26 x 4.446 x
Free Cash Flow 1 -1,684 -4,783 -2,356 -6,680 -1,656
ROE (net income / shareholders' equity) 24.7% 23% 19% 12.8% 17.2%
ROA (Net income/ Total Assets) 4.5% 4.06% 2.6% 1.06% 1.96%
Assets 1 19,149 24,433 39,787 122,296 45,024
Book Value Per Share 2 1.070 1.230 1.460 1.920 2.220
Cash Flow per Share 2 1.010 1.600 3.120 2.720 2.120
Capex 1 442 22.8 44.7 49.1 51.6
Capex / Sales 6.56% 0.34% 0.52% 0.39% 0.25%
Announcement Date 4/6/18 4/22/19 4/23/20 4/27/21 4/27/22
1CNY in Million2CNY
Estimates
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