Financials Sang Hing Holdings (International) Limited

Equities

1472

KYG7806A1013

Construction & Engineering

Market Closed - Hong Kong S.E. 04:08:22 2024-04-29 am EDT 5-day change 1st Jan Change
0.06 HKD 0.00% Intraday chart for Sang Hing Holdings (International) Limited -4.76% -4.76%

Valuation

Fiscal Period: March 2020 2021 2022 2023
Capitalization 1 1,600 550 129 95
Enterprise Value (EV) 1 1,427 461.8 66.03 37.75
P/E ratio 25.3 x 20.8 x 10.8 x -11.3 x
Yield 0.63% - - -
Capitalization / Revenue 3.1 x 1.41 x 0.3 x 0.29 x
EV / Revenue 2.77 x 1.18 x 0.15 x 0.12 x
EV / EBITDA 18.9 x 18.2 x 2.68 x -11.5 x
EV / FCF -58.8 x -4.68 x -1.27 x -10.5 x
FCF Yield -1.7% -21.4% -79% -9.52%
Price to Book 5.53 x 1.8 x 0.41 x 0.31 x
Nbr of stocks (in thousands) 1,000,000 1,000,000 1,000,000 1,000,000
Reference price 2 1.600 0.5500 0.1290 0.0950
Announcement Date 7/29/20 7/28/21 7/28/22 7/26/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 282.3 434.7 515.6 390.2 427 323.7
EBITDA 1 44.45 65.53 75.36 25.35 24.62 -3.292
EBIT 1 41.33 61.24 69.66 16.43 14.96 -12.5
Operating Margin 14.64% 14.09% 13.51% 4.21% 3.5% -3.86%
Earnings before Tax (EBT) 1 41.78 51.19 59.86 33.74 13.22 -10.3
Net income 1 35 41.04 48.03 26.42 11.98 -8.397
Net margin 12.4% 9.44% 9.32% 6.77% 2.8% -2.59%
EPS 2 0.0467 0.0547 0.0632 0.0264 0.0120 -0.008397
Free Cash Flow 1 5.383 30.12 -24.26 -98.63 -52.15 -3.592
FCF margin 1.91% 6.93% -4.71% -25.27% -12.21% -1.11%
FCF Conversion (EBITDA) 12.11% 45.96% - - - -
FCF Conversion (Net income) 15.38% 73.39% - - - -
Dividend per Share - - 0.0100 - - -
Announcement Date 2/28/20 2/28/20 7/29/20 7/28/21 7/28/22 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 90.9 101 173 88.2 63 57.3
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 5.38 30.1 -24.3 -98.6 -52.1 -3.59
ROE (net income / shareholders' equity) 29.1% 29.3% 21.9% 8.88% 3.84% -2.68%
ROA (Net income/ Total Assets) 12.8% 18.1% 14.8% 2.81% 2.51% -2.11%
Assets 1 272.6 226.8 323.5 941.5 476.5 397.6
Book Value Per Share 2 0.1700 0.2000 0.2900 0.3100 0.3200 0.3100
Cash Flow per Share 2 0.1200 0.1300 0.1700 0.0700 0.0500 0.0600
Capex 1 0.02 8.31 14.4 45.8 3 4.9
Capex / Sales 0.01% 1.91% 2.8% 11.73% 0.7% 1.51%
Announcement Date 2/28/20 2/28/20 7/29/20 7/28/21 7/28/22 7/26/23
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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