Financials Sinohope Technology Holdings Limited

Equities

1611

VGG4671J1012

Investment Management & Fund Operators

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
2.68 HKD +4.69% Intraday chart for Sinohope Technology Holdings Limited -0.74% +28.23%

Valuation

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Capitalization 1 1,402 1,356 1,319 2,509 1,165 553
Enterprise Value (EV) 1 1,339 1,352 1,274 2,306 1,429 698.6
P/E ratio 209 x -223 x -40.3 x 17.8 x -5.82 x -1.95 x
Yield - - - - - -
Capitalization / Revenue 4.06 x 4.34 x 4.77 x 4.11 x 0.12 x 0.2 x
EV / Revenue 3.88 x 4.33 x 4.61 x 3.78 x 0.15 x 0.25 x
EV / EBITDA 76.2 x 132 x -73.4 x 13.2 x -13.4 x -4.73 x
EV / FCF 93.2 x -21.4 x 13.2 x 18.6 x -6.31 x -3.22 x
FCF Yield 1.07% -4.67% 7.57% 5.38% -15.9% -31.1%
Price to Book 10.4 x 9.24 x 10.2 x 9.01 x 8.63 x 2.68 x
Nbr of stocks (in thousands) 305,495 305,495 306,800 307,871 308,961 308,961
Reference price 2 4.590 4.440 4.300 8.150 3.770 1.790
Announcement Date 1/10/19 1/7/20 1/22/21 1/25/22 1/26/23 1/29/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Net sales 1 345.4 312.3 276.6 610.7 9,453 2,834
EBITDA 1 17.56 10.26 -17.37 174.4 -106.6 -147.7
EBIT 1 13.44 5.57 -25.09 166 -118.5 -159.2
Operating Margin 3.89% 1.78% -9.07% 27.19% -1.25% -5.62%
Earnings before Tax (EBT) 1 10.86 8.692 -32.59 181.5 -196.4 -282.2
Net income 1 6.591 -6.076 -32.58 141.5 -199.7 -287.4
Net margin 1.91% -1.95% -11.78% 23.17% -2.11% -10.14%
EPS 2 0.0219 -0.0199 -0.1066 0.4576 -0.6479 -0.9194
Free Cash Flow 1 14.36 -63.13 96.52 124.1 -226.7 -216.9
FCF margin 4.16% -20.21% 34.9% 20.33% -2.4% -7.66%
FCF Conversion (EBITDA) 81.73% - - 71.17% - -
FCF Conversion (Net income) 217.8% - - 87.74% - -
Dividend per Share - - - - - -
Announcement Date 1/10/19 1/7/20 1/22/21 1/25/22 1/26/23 1/29/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - 265 146
Net Cash position 1 63.7 4 45 203 - -
Leverage (Debt/EBITDA) - - - - -2.482 x -0.9854 x
Free Cash Flow 1 14.4 -63.1 96.5 124 -227 -217
ROE (net income / shareholders' equity) 5.41% -4.31% -23.6% 69.3% -97% -154%
ROA (Net income/ Total Assets) 2.84% 0.67% -2.42% 14% -7.61% -11%
Assets 1 232.2 -908.6 1,346 1,011 2,624 2,624
Book Value Per Share 2 0.4400 0.4800 0.4200 0.9000 0.4400 0.6700
Cash Flow per Share 2 0.6700 1.550 1.320 1.790 1.040 1.040
Capex 1 5.22 2.63 2.7 14.4 19.3 17.9
Capex / Sales 1.51% 0.84% 0.98% 2.35% 0.2% 0.63%
Announcement Date 1/10/19 1/7/20 1/22/21 1/25/22 1/26/23 1/29/24
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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