Financials Time Interconnect Technology Limited

Equities

1729

KYG8879R1048

Communications & Networking

Market Closed - Hong Kong S.E. 04:08:16 2024-05-02 am EDT 5-day change 1st Jan Change
1.8 HKD -3.74% Intraday chart for Time Interconnect Technology Limited -2.70% +35.34%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 892.4 1,472 478.4 782.2 2,218 3,561
Enterprise Value (EV) 1 651 1,293 274.4 1,664 3,092 6,624
P/E ratio 5.59 x 12 x 3.77 x 3.46 x 12.7 x 16.6 x
Yield 2.06% 3.75% 9.62% 7.06% 1.75% 0.55%
Capitalization / Revenue 0.72 x 1.12 x 0.33 x 0.26 x 0.62 x 0.62 x
EV / Revenue 0.53 x 0.98 x 0.19 x 0.55 x 0.86 x 1.15 x
EV / EBITDA 3.45 x 7.51 x 1.39 x 4.44 x 9.6 x 17.5 x
EV / FCF 5.32 x 13.2 x 2.33 x 2.28 x 837 x -3.05 x
FCF Yield 18.8% 7.6% 42.8% 43.9% 0.12% -32.8%
Price to Book 1.95 x 2.68 x 0.79 x 0.92 x 2.11 x 3.14 x
Nbr of stocks (in thousands) 1,840,000 1,840,000 1,840,000 1,840,432 1,945,952 1,945,952
Reference price 2 0.4850 0.8000 0.2600 0.4250 1.140 1.830
Announcement Date 7/27/18 7/22/19 7/23/20 7/19/21 7/19/22 7/31/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 1,238 1,314 1,439 3,008 3,590 5,765
EBITDA 1 188.8 172.2 196.9 375.3 322.1 378.4
EBIT 1 177.5 152.6 174.5 317.6 266.2 309.7
Operating Margin 14.34% 11.61% 12.13% 10.56% 7.42% 5.37%
Earnings before Tax (EBT) 1 171 146 155.9 268.1 232.9 256.2
Net income 1 132.1 122.9 128.1 226.4 168.2 215.1
Net margin 10.67% 9.35% 8.9% 7.53% 4.69% 3.73%
EPS 2 0.0868 0.0668 0.0690 0.1230 0.0901 0.1105
Free Cash Flow 1 122.5 98.24 117.6 731.2 3.693 -2,169
FCF margin 9.89% 7.47% 8.17% 24.31% 0.1% -37.63%
FCF Conversion (EBITDA) 64.85% 57.06% 59.7% 194.84% 1.15% -
FCF Conversion (Net income) 92.68% 79.92% 91.77% 323.03% 2.2% -
Dividend per Share 2 0.0100 0.0300 0.0250 0.0300 0.0200 0.0100
Announcement Date 7/27/18 7/22/19 7/23/20 7/19/21 7/19/22 7/31/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - 882 874 3,063
Net Cash position 1 241 179 204 - - -
Leverage (Debt/EBITDA) - - - 2.351 x 2.712 x 8.093 x
Free Cash Flow 1 122 98.2 118 731 3.69 -2,169
ROE (net income / shareholders' equity) 45.6% 24.4% 22.2% 22.3% 17.5% 19.6%
ROA (Net income/ Total Assets) 16% 10.8% 11.3% 6.86% 5.76% 4.17%
Assets 1 824.5 1,143 1,135 3,300 2,923 5,162
Book Value Per Share 2 0.2500 0.3000 0.3300 0.4600 0.5400 0.5800
Cash Flow per Share 2 0.1500 0.1200 0.1500 0.0900 0.1100 0.1500
Capex 1 11.3 15.7 12 46.8 59.4 213
Capex / Sales 0.91% 1.2% 0.83% 1.55% 1.65% 3.7%
Announcement Date 7/27/18 7/22/19 7/23/20 7/19/21 7/19/22 7/31/23
1HKD in Million2HKD
Estimates
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