Financials Trigiant Group Limited

Equities

1300

KYG905191022

Electrical Components & Equipment

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.39 HKD +5.41% Intraday chart for Trigiant Group Limited +4.00% +21.88%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 1,582 1,652 2,418 1,161 846.6 617.1
Enterprise Value (EV) 1 2,443 2,711 3,251 1,850 1,654 1,767
P/E ratio 5.39 x 4.78 x 6.73 x -8.33 x 4.08 x -10.9 x
Yield 3.58% 4.29% - - - -
Capitalization / Revenue 0.49 x 0.48 x 0.68 x 0.4 x 0.3 x 0.23 x
EV / Revenue 0.76 x 0.78 x 0.92 x 0.64 x 0.58 x 0.67 x
EV / EBITDA 4.8 x 5.46 x 6.49 x 9.24 x 5.29 x 49.4 x
EV / FCF -191 x -45.1 x 19.7 x 9.18 x -13.1 x -6.99 x
FCF Yield -0.52% -2.22% 5.07% 10.9% -7.65% -14.3%
Price to Book 0.54 x 0.51 x 0.68 x 0.34 x 0.24 x 0.17 x
Nbr of stocks (in thousands) 1,791,500 1,791,500 1,791,500 1,791,500 1,791,500 1,791,500
Reference price 2 0.8829 0.9220 1.349 0.6481 0.4726 0.3444
Announcement Date 4/11/18 4/12/19 4/9/20 4/28/21 4/20/22 4/20/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 3,201 3,469 3,542 2,873 2,862 2,630
EBITDA 1 509.1 496.8 501.1 200.2 312.7 35.78
EBIT 1 464.3 451.7 457.1 157 276.3 15.38
Operating Margin 14.51% 13.02% 12.91% 5.47% 9.65% 0.58%
Earnings before Tax (EBT) 1 351.3 411.6 416.4 -143.1 229.9 -24.33
Net income 1 277.1 345.5 359 -139.4 207.5 -56.36
Net margin 8.66% 9.96% 10.13% -4.85% 7.25% -2.14%
EPS 2 0.1638 0.1928 0.2004 -0.0778 0.1158 -0.0315
Free Cash Flow 1 -12.78 -60.17 164.9 201.5 -126.5 -252.6
FCF margin -0.4% -1.73% 4.66% 7.01% -4.42% -9.6%
FCF Conversion (EBITDA) - - 32.91% 100.65% - -
FCF Conversion (Net income) - - 45.94% - - -
Dividend per Share 2 0.0316 0.0395 - - - -
Announcement Date 4/11/18 4/12/19 4/9/20 4/28/21 4/20/22 4/20/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 861 1,059 833 689 807 1,149
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.692 x 2.132 x 1.662 x 3.439 x 2.582 x 32.13 x
Free Cash Flow 1 -12.8 -60.2 165 202 -126 -253
ROE (net income / shareholders' equity) 10.2% 11.3% 10.6% -4.02% 5.93% -1.58%
ROA (Net income/ Total Assets) 6.1% 5.51% 5.27% 1.82% 3.15% 0.17%
Assets 1 4,546 6,271 6,815 -7,659 6,591 -32,244
Book Value Per Share 2 1.630 1.790 1.970 1.890 2.010 1.980
Cash Flow per Share 2 0.2500 0.2700 0.2000 0.3800 0.2600 0.3000
Capex 1 2.53 5.57 4.88 3.43 4.55 27.7
Capex / Sales 0.08% 0.16% 0.14% 0.12% 0.16% 1.05%
Announcement Date 4/11/18 4/12/19 4/9/20 4/28/21 4/20/22 4/20/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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