Financials Shanghai Industrial Holdings Limited

Equities

363

HK0363006039

Real Estate Development & Operations

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
10.96 HKD +1.29% Intraday chart for Shanghai Industrial Holdings Limited +3.01% +13.11%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 16,308 11,524 12,351 10,492 10,535 11,916 - -
Enterprise Value (EV) 1 42,831 40,112 12,351 10,492 10,535 11,916 11,916 11,916
P/E ratio 4.87 x 5.26 x 3.31 x 4.53 x 3.08 x 3.4 x 3.33 x 3.26 x
Yield 3.47% 6.98% 8.98% 9.53% - 8.76% 8.94% 9.12%
Capitalization / Revenue 0.5 x 0.42 x 0.32 x 0.33 x 0.32 x 0.36 x 0.36 x 0.36 x
EV / Revenue 0.5 x 0.42 x 0.32 x 0.33 x 0.32 x 0.36 x 0.36 x 0.36 x
EV / EBITDA 1.36 x 1.31 x 1.03 x 1.22 x 0.9 x 1.05 x 1.03 x 1.02 x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.41 x 0.26 x 0.26 x - - - - -
Nbr of stocks (in thousands) 1,087,212 1,087,212 1,087,212 1,087,212 1,087,212 1,087,212 - -
Reference price 2 15.00 10.60 11.36 9.650 9.690 10.96 10.96 10.96
Announcement Date 3/31/20 3/30/21 3/30/22 3/30/23 3/27/24 - - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 32,345 27,138 38,748 31,349 32,698 33,165 33,322 33,550
EBITDA 1 11,999 8,769 12,005 8,623 11,666 11,375 11,541 11,730
EBIT 1 10,310 7,240 10,385 7,188 10,041 10,052 10,212 10,395
Operating Margin 31.88% 26.68% 26.8% 22.93% 30.71% 30.31% 30.65% 30.98%
Earnings before Tax (EBT) 8,906 6,917 10,746 - - - - -
Net income 3,350 2,219 3,746 - - - - -
Net margin 10.36% 8.18% 9.67% - - - - -
EPS 2 3.081 2.014 3.429 2.128 3.149 3.227 3.290 3.360
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.5200 0.7400 1.020 0.9200 - 0.9600 0.9800 1.000
Announcement Date 3/31/20 3/30/21 3/30/22 3/30/23 3/27/24 - - -
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 26,523 28,588 - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 2.21 x 3.26 x - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 8.22% 5.29% 8.22% 4.98% - 7.3% 7% 6.75%
ROA (Net income/ Total Assets) 1.96% 1.2% 1.86% - - - - -
Assets 171,180 184,913 201,263 - - - - -
Book Value Per Share 37.00 40.20 43.60 - - - - -
Cash Flow per Share 4.430 6.410 - - - - - -
Capex 525 307 710 - - - - -
Capex / Sales 1.62% 1.13% 1.83% - - - - -
Announcement Date 3/31/20 3/30/21 3/30/22 3/30/23 3/27/24 - - -
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
10.96 HKD
Average target price
12.8 HKD
Spread / Average Target
+16.79%
Consensus

Annual profits - Rate of surprise

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