Financials Smart City Development Holdings Limited

Equities

8268

KYG8211U1040

Construction & Engineering

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.36 HKD +5.88% Intraday chart for Smart City Development Holdings Limited -4.00% -17.24%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 185 183 88 48 126 122.4
Enterprise Value (EV) 1 147.6 128.8 -44.09 -31.18 40.18 32.83
P/E ratio 5.62 x -12.3 x -27.4 x 4.87 x 8.22 x -10.1 x
Yield - - - - - -
Capitalization / Revenue 0.23 x 0.28 x 0.14 x 0.08 x 0.39 x 0.38 x
EV / Revenue 0.19 x 0.2 x -0.07 x -0.05 x 0.12 x 0.1 x
EV / EBITDA 2.6 x -6.64 x 53.7 x -7.38 x 2.73 x -4.16 x
EV / FCF -2.65 x 2.17 x -0.66 x 0.8 x -3.24 x 5.73 x
FCF Yield -37.7% 46% -152% 125% -30.9% 17.4%
Price to Book 1.34 x 1.66 x 0.83 x 0.41 x 0.97 x 0.81 x
Nbr of stocks (in thousands) 200,000 200,000 200,000 200,000 200,000 240,000
Reference price 2 0.9250 0.9150 0.4400 0.2400 0.6300 0.5100
Announcement Date 6/28/18 6/28/19 6/29/20 6/29/21 6/23/22 6/26/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2018 2019 2020 2021 2022 2023
Net sales 1 792 645.8 627.5 617.8 324.9 323.7
EBITDA 1 56.84 -19.4 -0.821 4.224 14.73 -7.894
EBIT 1 56.03 -20.21 -1.462 3.356 13.4 -9.614
Operating Margin 7.07% -3.13% -0.23% 0.54% 4.12% -2.97%
Earnings before Tax (EBT) 1 29.65 -19.81 -2.602 9.128 16.22 -10.17
Net income 1 38.83 -14.92 -3.216 9.86 15.34 -10.98
Net margin 4.9% -2.31% -0.51% 1.6% 4.72% -3.39%
EPS 2 0.1645 -0.0746 -0.0161 0.0493 0.0767 -0.0505
Free Cash Flow 1 -55.68 59.31 67.21 -38.91 -12.42 5.724
FCF margin -7.03% 9.18% 10.71% -6.3% -3.82% 1.77%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 6/28/18 6/28/19 6/29/20 6/29/21 6/23/22 6/26/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 37.4 54.2 132 79.2 85.8 89.6
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -55.7 59.3 67.2 -38.9 -12.4 5.72
ROE (net income / shareholders' equity) 24.2% -16.8% -2.35% 8.34% 12.8% -7.8%
ROA (Net income/ Total Assets) 9.04% -3.09% -0.23% 0.54% 2.43% -1.93%
Assets 1 429.4 483.1 1,414 1,829 631.9 568.3
Book Value Per Share 2 0.6900 0.5500 0.5300 0.5800 0.6500 0.6300
Cash Flow per Share 2 0.2700 0.3800 0.5400 0.3100 0.3400 0.2500
Capex 1 0.13 0.18 19.7 14.8 4.99 0.09
Capex / Sales 0.02% 0.03% 3.14% 2.39% 1.54% 0.03%
Announcement Date 6/28/18 6/28/19 6/29/20 6/29/21 6/23/22 6/26/23
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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