Financials Starjoy Wellness and Travel Company Limited

Equities

3662

KYG0404F1019

Real Estate Services

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.45 HKD +2.27% Intraday chart for Starjoy Wellness and Travel Company Limited +4.65% -6.25%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023
Capitalization 1 3,803 3,056 1,444 1,094 316.8
Enterprise Value (EV) 1 3,098 2,077 647.3 433 -552.7
P/E ratio 22 x 12.2 x -7.56 x 6.82 x 2.02 x
Yield 1.72% 3.33% - - -
Capitalization / Revenue 4.22 x 2.17 x 0.74 x 0.67 x 0.2 x
EV / Revenue 3.44 x 1.48 x 0.33 x 0.27 x -0.35 x
EV / EBITDA 14.5 x 6.27 x 53.1 x 2.75 x -2.78 x
EV / FCF 24 x 5.4 x 18 x -2.08 x -5.31 x
FCF Yield 4.17% 18.5% 5.55% -48.1% -18.8%
Price to Book 4.5 x 2.95 x 1.93 x 1.17 x 0.29 x
Nbr of stocks (in thousands) 726,250 726,250 726,250 726,250 726,250
Reference price 2 5.237 4.208 1.988 1.506 0.4363
Announcement Date 4/20/20 4/22/21 5/23/23 6/6/23 4/16/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 618.8 900.8 1,408 1,942 1,630 1,563
EBITDA 1 121.2 213.6 331.4 12.2 157.6 198.5
EBIT 1 117.4 205.1 313.3 -15.26 133.7 176.4
Operating Margin 18.97% 22.76% 22.25% -0.79% 8.2% 11.29%
Earnings before Tax (EBT) 1 108.5 218.6 325.6 -174.3 199.6 194.6
Net income 1 78.14 162.5 250.4 -190.9 160.4 157.1
Net margin 12.63% 18.04% 17.78% -9.83% 9.84% 10.05%
EPS 2 0.1654 0.2377 0.3448 -0.2629 0.2209 0.2164
Free Cash Flow 1 97.29 129.2 384.9 35.9 -208.4 104
FCF margin 15.72% 14.34% 27.34% 1.85% -12.79% 6.66%
FCF Conversion (EBITDA) 80.27% 60.46% 116.17% 294.42% - 52.4%
FCF Conversion (Net income) 124.5% 79.5% 153.74% - - 66.21%
Dividend per Share 2 0.0550 0.0900 0.1400 - - -
Announcement Date 4/23/19 4/20/20 4/22/21 5/23/23 6/6/23 4/16/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 199 706 979 797 661 870
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 97.3 129 385 35.9 -208 104
ROE (net income / shareholders' equity) 66% 33.5% 26.5% -21% 18.2% 13.9%
ROA (Net income/ Total Assets) 13.7% 13.6% 9.95% -0.39% 3.7% 4.9%
Assets 1 571.9 1,198 2,516 49,518 4,334 3,208
Book Value Per Share 2 0.2400 1.160 1.430 1.030 1.280 1.520
Cash Flow per Share 2 0.3800 1.130 2.070 1.670 1.140 1.320
Capex 1 11.1 119 25.6 12.2 3.27 12.5
Capex / Sales 1.79% 13.16% 1.81% 0.63% 0.2% 0.8%
Announcement Date 4/23/19 4/20/20 4/22/21 5/23/23 6/6/23 4/16/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. 3662 Stock
  4. Financials Starjoy Wellness and Travel Company Limited