Market Closed -
Hong Kong S.E.
04:08:20 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
65.1
HKD
|
+2.68%
|
|
+7.07%
|
-1.51%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
100,306
|
60,542
|
62,927
|
90,678
|
86,363
|
84,512
|
-
|
-
|
Enterprise Value (EV)
1 |
152,369
|
99,442
|
101,582
|
147,437
|
86,363
|
142,368
|
140,161
|
137,166
|
P/E ratio
|
12.1
x
|
-5.87
x
|
19.7
x
|
24.4
x
|
3.31
x
|
9.71
x
|
8.58
x
|
7.73
x
|
Yield
|
4.97%
|
3.95%
|
5.86%
|
4.37%
|
-
|
5.14%
|
5.63%
|
6%
|
Capitalization / Revenue
|
1.17
x
|
0.76
x
|
0.68
x
|
0.99
x
|
0.91
x
|
1
x
|
0.91
x
|
0.86
x
|
EV / Revenue
|
1.78
x
|
1.24
x
|
1.1
x
|
1.61
x
|
0.91
x
|
1.69
x
|
1.5
x
|
1.4
x
|
EV / EBITDA
|
10.2
x
|
8.52
x
|
6.15
x
|
9.58
x
|
2.28
x
|
9.11
x
|
8.2
x
|
7.44
x
|
EV / FCF
|
31.8
x
|
13.7
x
|
12.9
x
|
29.2
x
|
-
|
20.3
x
|
16.9
x
|
12.6
x
|
FCF Yield
|
3.15%
|
7.29%
|
7.73%
|
3.42%
|
-
|
4.91%
|
5.9%
|
7.92%
|
Price to Book
|
0.4
x
|
0.25
x
|
0.25
x
|
0.39
x
|
-
|
0.35
x
|
0.34
x
|
0.33
x
|
Nbr of stocks (in thousands)
|
1,501,580
|
1,501,580
|
1,501,580
|
1,453,312
|
1,439,026
|
1,418,524
|
-
|
-
|
Reference price
2 |
72.40
|
43.00
|
44.35
|
68.70
|
66.10
|
65.10
|
65.10
|
65.10
|
Announcement Date
|
3/12/20
|
3/11/21
|
3/10/22
|
3/9/23
|
3/14/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
85,652
|
80,032
|
92,403
|
91,693
|
94,823
|
84,107
|
93,242
|
97,735
|
EBITDA
1 |
14,888
|
11,670
|
16,524
|
15,396
|
37,846
|
15,633
|
17,097
|
18,447
|
EBIT
1 |
10,064
|
7,116
|
12,453
|
11,431
|
30,621
|
11,369
|
12,597
|
13,863
|
Operating Margin
|
11.75%
|
8.89%
|
13.48%
|
12.47%
|
32.29%
|
13.52%
|
13.51%
|
14.18%
|
Earnings before Tax (EBT)
1 |
14,584
|
-7,675
|
8,197
|
9,282
|
32,770
|
12,790
|
15,676
|
16,642
|
Net income
1 |
9,007
|
-10,999
|
3,364
|
4,195
|
28,853
|
9,435
|
10,592
|
12,184
|
Net margin
|
10.52%
|
-13.74%
|
3.64%
|
4.58%
|
30.43%
|
11.22%
|
11.36%
|
12.47%
|
EPS
2 |
6.000
|
-7.320
|
2.250
|
2.810
|
19.96
|
6.702
|
7.588
|
8.420
|
Free Cash Flow
1 |
4,797
|
7,252
|
7,853
|
5,042
|
-
|
6,996
|
8,274
|
10,863
|
FCF margin
|
5.6%
|
9.06%
|
8.5%
|
5.5%
|
-
|
8.32%
|
8.87%
|
11.11%
|
FCF Conversion (EBITDA)
|
32.22%
|
62.14%
|
47.52%
|
32.75%
|
-
|
44.75%
|
48.39%
|
58.89%
|
FCF Conversion (Net income)
|
53.26%
|
-
|
233.44%
|
120.19%
|
-
|
74.15%
|
78.11%
|
89.16%
|
Dividend per Share
2 |
3.600
|
1.700
|
2.600
|
3.000
|
-
|
3.349
|
3.666
|
3.908
|
Announcement Date
|
3/12/20
|
3/11/21
|
3/10/22
|
3/9/23
|
3/14/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
42,782
|
39,056
|
40,976
|
-
|
43,279
|
38,127
|
41,304
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
-
|
25,542
|
5,546
|
6,008
|
Operating Margin
|
-
|
-
|
-
|
-
|
59.02%
|
14.55%
|
14.55%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
-
|
-
|
4,221
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
0.7100
|
-5.150
|
-2.170
|
2.910
|
17.05
|
3.580
|
3.880
|
Dividend per Share
|
-
|
-
|
1.000
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/12/20
|
8/13/20
|
3/11/21
|
8/10/23
|
3/14/24
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
52,063
|
38,900
|
38,655
|
56,759
|
-
|
57,855
|
55,649
|
52,653
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
3.497
x
|
3.333
x
|
2.339
x
|
3.687
x
|
-
|
3.701
x
|
3.255
x
|
2.854
x
|
Free Cash Flow
1 |
4,797
|
7,252
|
7,853
|
5,042
|
-
|
6,996
|
8,274
|
10,863
|
ROE (net income / shareholders' equity)
|
3.3%
|
-4.1%
|
1.27%
|
1.45%
|
-
|
3.51%
|
3.88%
|
4.06%
|
ROA (Net income/ Total Assets)
|
2.05%
|
-2.52%
|
0.77%
|
0.87%
|
-
|
1.95%
|
2.4%
|
2.8%
|
Assets
1 |
438,901
|
437,254
|
434,738
|
480,527
|
-
|
483,860
|
441,353
|
435,153
|
Book Value Per Share
2 |
182.0
|
175.0
|
178.0
|
178.0
|
-
|
186.0
|
191.0
|
195.0
|
Cash Flow per Share
2 |
7.020
|
7.630
|
7.800
|
5.460
|
-
|
8.550
|
10.50
|
11.30
|
Capex
1 |
5,744
|
4,207
|
3,812
|
3,114
|
-
|
7,049
|
6,731
|
6,596
|
Capex / Sales
|
6.71%
|
5.26%
|
4.13%
|
3.4%
|
-
|
8.38%
|
7.22%
|
6.75%
|
Announcement Date
|
3/12/20
|
3/11/21
|
3/10/22
|
3/9/23
|
3/14/24
|
-
|
-
|
-
|
Last Close Price
65.1
HKD Average target price
74.86
HKD Spread / Average Target +14.99% Consensus |
1st Jan change
|
Capi.
|
---|
| -1.51% | 10.8B | | +4.77% | 266B | | +18.01% | 22.74B | | +34.19% | 17.05B | | -9.31% | 16.6B | | +11.50% | 11.7B | | +8.37% | 9.89B | | -11.41% | 7.71B | | +32.64% | 5.46B | | -12.39% | 4.07B |
Other Non-Alcoholic Beverages
|