Financials Summit Ascent Holdings Limited

Equities

102

BMG8565U1302

Casinos & Gaming

Market Closed - Hong Kong S.E. 03:08:50 2024-01-10 am EST 5-day change 1st Jan Change
0.047 HKD -.--% Intraday chart for Summit Ascent Holdings Limited -.--% +2.17%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 1,325 1,473 1,966 3,382 667.4 744.1
Enterprise Value (EV) 1 1,207 1,252 1,336 1,981 231.3 83.2
P/E ratio 96 x 194 x 21.5 x 206 x -2.9 x 63.5 x
Yield - - - - - -
Capitalization / Revenue 2.81 x 3.18 x 3.69 x 16 x 2.51 x 1.99 x
EV / Revenue 2.56 x 2.7 x 2.5 x 9.37 x 0.87 x 0.22 x
EV / EBITDA 7.22 x 8.55 x 6.26 x -64.7 x 11.5 x 1 x
EV / FCF 20.8 x 10.2 x 24.8 x -138 x -0.23 x 0.08 x
FCF Yield 4.8% 9.77% 4.04% -0.72% -438% 1,183%
Price to Book 1.09 x 1.18 x 1.2 x 1 x 0.21 x 0.23 x
Nbr of stocks (in thousands) 1,488,378 1,488,378 1,803,778 4,509,445 4,509,445 4,509,445
Reference price 2 0.8900 0.9900 1.090 0.7500 0.1480 0.1650
Announcement Date 4/25/18 4/29/19 4/22/20 4/22/21 4/25/22 4/27/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 471.6 464 533.3 211.5 265.9 373.1
EBITDA 1 167.1 146.4 213.5 -30.6 20.08 83.06
EBIT 1 33.42 30.84 116.6 -110.6 -58.74 12.35
Operating Margin 7.09% 6.65% 21.86% -52.28% -22.09% 3.31%
Earnings before Tax (EBT) 1 -9.851 4.164 107 -47.63 -256 13.34
Net income 1 13.78 7.611 82 10.02 -230 11.85
Net margin 2.92% 1.64% 15.37% 4.74% -86.48% 3.18%
EPS 2 0.009269 0.005100 0.0507 0.003643 -0.0510 0.002600
Free Cash Flow 1 57.94 122.3 53.91 -14.35 -1,013 983.9
FCF margin 12.29% 26.35% 10.11% -6.79% -380.93% 263.71%
FCF Conversion (EBITDA) 34.67% 83.53% 25.25% - - 1,184.56%
FCF Conversion (Net income) 420.54% 1,606.42% 65.74% - - 8,304.69%
Dividend per Share - - - - - -
Announcement Date 4/25/18 4/29/19 4/22/20 4/22/21 4/25/22 4/27/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 118 222 630 1,401 436 661
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 57.9 122 53.9 -14.4 -1,013 984
ROE (net income / shareholders' equity) -0.62% 0.25% 5.83% -1.66% -7.61% 0.89%
ROA (Net income/ Total Assets) 1.03% 0.96% 3.33% -2.18% -0.95% 0.21%
Assets 1 1,338 792 2,464 -460.3 24,123 5,723
Book Value Per Share 2 0.8200 0.8400 0.9100 0.7500 0.7000 0.7100
Cash Flow per Share 2 0.2700 0.3200 0.4800 0.3500 0.1300 0.1800
Capex 1 49.6 30.3 66.7 26.9 17.8 37.3
Capex / Sales 10.52% 6.54% 12.51% 12.73% 6.7% 10.01%
Announcement Date 4/25/18 4/29/19 4/22/20 4/22/21 4/25/22 4/27/23
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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