Financials Victory Securities (Holdings) Company Limited

Equities

8540

KYG9380M1050

Investment Banking & Brokerage Services

Delayed Hong Kong S.E. 11:29:09 2024-04-29 pm EDT 5-day change 1st Jan Change
3.4 HKD -4.23% Intraday chart for Victory Securities (Holdings) Company Limited 0.00% +6.25%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 252 250 256.1 458.1 406.1 641.2
Enterprise Value (EV) 1 307.8 299.9 354.4 649.5 512.1 719.6
P/E ratio 30.6 x 26.6 x 10.9 x 28.3 x -15.6 x -23.8 x
Yield 1.98% 2.24% 2.34% 1.27% 1.08% 0.41%
Capitalization / Revenue 4 x 4.16 x 3.15 x 5.06 x 5.97 x 13.2 x
EV / Revenue 4.89 x 4.99 x 4.35 x 7.18 x 7.53 x 14.8 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 1.24 x 1.22 x 1.23 x 2.12 x 2.15 x 3.93 x
Nbr of stocks (in thousands) 200,000 200,000 200,042 200,042 200,042 200,366
Reference price 2 1.260 1.250 1.280 2.290 2.030 3.200
Announcement Date 3/27/19 3/30/20 3/29/21 3/29/22 3/22/23 3/28/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 62.96 60.08 81.39 90.5 68.02 48.64
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 9.301 9.377 26.63 17.37 -26.31 -29.37
Net income 1 7.126 9.415 23.18 15.11 -24.16 -24.97
Net margin 11.32% 15.67% 28.48% 16.69% -35.52% -51.33%
EPS 2 0.0412 0.0471 0.1174 0.0808 -0.1302 -0.1345
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share 2 0.0250 0.0280 0.0300 0.0290 0.0220 0.0130
Announcement Date 3/27/19 3/30/20 3/29/21 3/29/22 3/22/23 3/28/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 55.8 49.9 98.4 191 106 78.4
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) 4.1% 4.57% 11.2% 7.09% -12% -14.2%
ROA (Net income/ Total Assets) 1.84% 2.79% 5.71% 3.02% -5.63% -7.53%
Assets 1 386.7 337.4 406 501 429.5 331.6
Book Value Per Share 2 1.020 1.030 1.040 1.080 0.9400 0.8100
Cash Flow per Share 2 0.0800 0.0900 0.1500 0.0900 0.1400 0.1000
Capex 1 0.77 0.13 3.33 0.87 0.99 0.16
Capex / Sales 1.22% 0.22% 4.09% 0.96% 1.46% 0.34%
Announcement Date 3/27/19 3/30/20 3/29/21 3/29/22 3/22/23 3/28/24
1HKD in Million2HKD
Estimates
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