Financials Tsim Sha Tsui Properties Limited

Equities

247

HK0247001271

Real Estate Development & Operations

Market Closed - Hong Kong S.E. 04:08:22 2024-04-29 am EDT 5-day change 1st Jan Change
18.38 HKD -0.54% Intraday chart for Tsim Sha Tsui Properties Limited -0.65% +0.99%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 45,805 49,069 47,217 46,258 44,730 44,863
Enterprise Value (EV) 1 42,932 40,610 33,197 26,955 36,216 37,266
P/E ratio 6.09 x 13.1 x 51.8 x 8.62 x 13.9 x 13.5 x
Yield 2.1% 2.08% 2.2% 2.3% 2.56% 2.66%
Capitalization / Revenue 3.8 x 5.41 x 7.58 x 1.87 x 2.79 x 3.6 x
EV / Revenue 3.56 x 4.48 x 5.33 x 1.09 x 2.26 x 2.99 x
EV / EBITDA 8.18 x 9.05 x 11.8 x 2.11 x 4.67 x 7.57 x
EV / FCF 10.4 x 9.86 x 3.75 x 9.88 x -4.49 x 25.3 x
FCF Yield 9.61% 10.1% 26.7% 10.1% -22.3% 3.96%
Price to Book 0.62 x 0.63 x 0.6 x 0.54 x 0.51 x 0.49 x
Nbr of stocks (in thousands) 1,814,066 1,851,651 1,892,481 1,935,467 2,005,851 2,057,938
Reference price 2 25.25 26.50 24.95 23.90 22.30 21.80
Announcement Date 9/20/18 9/20/19 9/21/20 9/23/21 9/22/22 9/28/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 12,055 9,063 6,230 24,769 16,035 12,460
EBITDA 1 5,250 4,489 2,821 12,793 7,751 4,924
EBIT 1 5,139 4,367 2,709 12,683 7,648 4,799
Operating Margin 42.63% 48.18% 43.49% 51.21% 47.7% 38.51%
Earnings before Tax (EBT) 1 15,673 7,724 2,201 13,004 7,308 6,773
Net income 1 7,328 3,715 901.8 5,305 3,159 3,287
Net margin 60.79% 40.99% 14.47% 21.42% 19.7% 26.38%
EPS 2 4.143 2.028 0.4820 2.774 1.603 1.619
Free Cash Flow 1 4,124 4,118 8,856 2,728 -8,063 1,474
FCF margin 34.21% 45.43% 142.15% 11.02% -50.29% 11.83%
FCF Conversion (EBITDA) 78.56% 91.72% 313.97% 21.33% - 29.94%
FCF Conversion (Net income) 56.28% 110.84% 982.06% 51.43% - 44.84%
Dividend per Share 2 0.5300 0.5500 0.5500 0.5500 0.5700 0.5800
Announcement Date 9/20/18 9/20/19 9/21/20 9/23/21 9/22/22 9/28/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 2,873 8,459 14,020 19,302 8,514 7,597
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 4,124 4,118 8,856 2,728 -8,063 1,474
ROE (net income / shareholders' equity) 10.4% 4.91% 1.15% 6.95% 3.78% 3.66%
ROA (Net income/ Total Assets) 2.03% 1.6% 0.92% 4.28% 2.63% 1.66%
Assets 1 361,003 232,711 98,416 123,955 120,082 198,247
Book Value Per Share 2 40.80 42.00 41.70 44.00 44.00 44.50
Cash Flow per Share 2 4.370 8.940 12.30 14.80 7.650 6.710
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 9/20/18 9/20/19 9/21/20 9/23/21 9/22/22 9/28/23
1HKD in Million2HKD
Estimates
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