Financials Sunlight (1977) Holdings Limited

Equities

8451

KYG8588E1052

Paper Packaging

Market Closed - Hong Kong S.E. 04:09:04 2024-06-07 am EDT 5-day change 1st Jan Change
0.116 HKD -3.33% Intraday chart for Sunlight (1977) Holdings Limited +16.00% -13.43%

Valuation

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Capitalization 1 18.15 9.872 8.59 8.646 8.045 31.52
Enterprise Value (EV) 1 10.87 2.851 10.17 6.77 7.469 29.96
P/E ratio -13.9 x 24.1 x 21.6 x 35.2 x 30.9 x 48.5 x
Yield - - - - - -
Capitalization / Revenue 1.33 x 0.64 x 0.65 x 0.73 x 0.67 x 2.16 x
EV / Revenue 0.8 x 0.18 x 0.77 x 0.58 x 0.62 x 2.05 x
EV / EBITDA 10.8 x 3.67 x 30 x 23.3 x 22.8 x 22.4 x
EV / FCF 14 x -95.8 x -1.16 x 1.3 x -3.73 x 250 x
FCF Yield 7.16% -1.04% -86% 77.1% -26.8% 0.4%
Price to Book 1.27 x 0.65 x 0.55 x 0.54 x 0.49 x 1.87 x
Nbr of stocks (in thousands) 800,000 800,000 800,000 800,000 800,000 800,000
Reference price 2 0.0227 0.0123 0.0107 0.0108 0.0101 0.0394
Announcement Date 12/14/18 12/13/19 12/11/20 12/10/21 12/16/22 12/28/23
1SGD in Million2SGD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Net sales 1 13.64 15.47 13.23 11.77 12.02 14.6
EBITDA 1 1.007 0.777 0.339 0.291 0.327 1.339
EBIT 1 0.692 0.454 0.04 -0.053 -0.071 0.792
Operating Margin 5.08% 2.94% 0.3% -0.45% -0.59% 5.43%
Earnings before Tax (EBT) 1 -1.174 0.618 0.595 0.147 0.028 0.852
Net income 1 -1.303 0.41 0.397 0.246 0.26 0.65
Net margin -9.56% 2.65% 3% 2.09% 2.16% 4.45%
EPS 2 -0.001628 0.000512 0.000496 0.000307 0.000325 0.000812
Free Cash Flow 1 0.7784 -0.0298 -8.743 5.219 -2 0.1198
FCF margin 5.71% -0.19% -66.1% 44.36% -16.64% 0.82%
FCF Conversion (EBITDA) 77.3% - - 1,793.51% - 8.94%
FCF Conversion (Net income) - - - 2,121.6% - 18.42%
Dividend per Share - - - - - -
Announcement Date 12/14/18 12/13/19 12/11/20 12/10/21 12/16/22 12/28/23
1SGD in Million2SGD
Estimates

Balance Sheet Analysis

Fiscal Period: September 2018 2019 2020 2021 2022 2023
Net Debt 1 - - 1.58 - - -
Net Cash position 1 7.28 7.02 - 1.88 0.58 1.56
Leverage (Debt/EBITDA) - - 4.652 x - - -
Free Cash Flow 1 0.78 -0.03 -8.74 5.22 -2 0.12
ROE (net income / shareholders' equity) -11.7% 2.78% 2.57% 1.55% 1.61% 3.92%
ROA (Net income/ Total Assets) 2.73% 1.51% 0.11% -0.14% -0.22% 2.51%
Assets 1 -47.76 27.15 361.2 -175.5 -117.8 25.93
Book Value Per Share 2 0.0200 0.0200 0.0200 0.0200 0.0200 0.0200
Cash Flow per Share 2 0.0100 0.0100 0 0 0 0
Capex - 0.84 2.83 1.49 1.04 0.72
Capex / Sales - 5.4% 21.41% 12.67% 8.62% 4.93%
Announcement Date 12/14/18 12/13/19 12/11/20 12/10/21 12/16/22 12/28/23
1SGD in Million2SGD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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