Market Closed -
Hong Kong S.E.
04:08:20 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
1.16
HKD
|
+4.50%
|
|
+12.62%
|
+70.59%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
6,217
|
5,264
|
6,160
|
4,419
|
3,362
|
5,857
|
-
|
-
|
Enterprise Value (EV)
1 |
8,274
|
8,225
|
11,069
|
11,906
|
11,918
|
14,016
|
11,470
|
8,705
|
P/E ratio
|
3.46
x
|
3.37
x
|
3.89
x
|
3.63
x
|
8.03
x
|
3.98
x
|
2.75
x
|
2.05
x
|
Yield
|
8.65%
|
8.89%
|
7.68%
|
8.25%
|
3.72%
|
7.45%
|
11.8%
|
16.1%
|
Capitalization / Revenue
|
0.86
x
|
0.74
x
|
0.77
x
|
0.52
x
|
0.37
x
|
0.51
x
|
0.42
x
|
0.35
x
|
EV / Revenue
|
1.14
x
|
1.15
x
|
1.38
x
|
1.4
x
|
1.32
x
|
1.23
x
|
0.82
x
|
0.52
x
|
EV / EBITDA
|
2.68
x
|
2.74
x
|
3.46
x
|
3.78
x
|
4.04
x
|
3.34
x
|
2.16
x
|
1.37
x
|
EV / FCF
|
8.41
x
|
-
|
-
|
-13.1
x
|
-
|
131
x
|
2.98
x
|
2.2
x
|
FCF Yield
|
11.9%
|
-
|
-
|
-7.62%
|
-
|
0.76%
|
33.6%
|
45.5%
|
Price to Book
|
0.68
x
|
0.51
x
|
0.54
x
|
0.37
x
|
0.27
x
|
0.44
x
|
0.39
x
|
0.34
x
|
Nbr of stocks (in thousands)
|
5,435,133
|
5,438,883
|
5,438,883
|
5,438,883
|
5,438,883
|
5,454,333
|
-
|
-
|
Reference price
2 |
1.144
|
0.9679
|
1.133
|
0.8125
|
0.6181
|
1.074
|
1.074
|
1.074
|
Announcement Date
|
3/31/20
|
3/29/21
|
3/27/22
|
3/27/23
|
3/18/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
7,247
|
7,131
|
8,003
|
8,489
|
9,021
|
11,396
|
14,072
|
16,620
|
EBITDA
1 |
3,083
|
2,997
|
3,195
|
3,147
|
2,949
|
4,193
|
5,300
|
6,334
|
EBIT
1 |
2,217
|
1,878
|
2,110
|
2,077
|
1,944
|
2,532
|
3,507
|
4,495
|
Operating Margin
|
30.59%
|
26.34%
|
26.37%
|
24.47%
|
21.55%
|
22.22%
|
24.92%
|
27.05%
|
Earnings before Tax (EBT)
1 |
2,244
|
1,847
|
2,084
|
1,513
|
954.3
|
2,351
|
3,317
|
4,271
|
Net income
1 |
1,801
|
1,560
|
1,585
|
1,215
|
421.3
|
1,467
|
2,124
|
2,839
|
Net margin
|
24.85%
|
21.88%
|
19.81%
|
14.31%
|
4.67%
|
12.87%
|
15.09%
|
17.08%
|
EPS
2 |
0.3310
|
0.2870
|
0.2910
|
0.2240
|
0.0770
|
0.2700
|
0.3900
|
0.5233
|
Free Cash Flow
1 |
984.2
|
-
|
-
|
-907.6
|
-
|
107
|
3,849
|
3,961
|
FCF margin
|
13.58%
|
-
|
-
|
-10.69%
|
-
|
0.94%
|
27.35%
|
23.83%
|
FCF Conversion (EBITDA)
|
31.92%
|
-
|
-
|
-
|
-
|
2.55%
|
72.62%
|
62.54%
|
FCF Conversion (Net income)
|
54.64%
|
-
|
-
|
-
|
-
|
7.29%
|
181.2%
|
139.52%
|
Dividend per Share
2 |
0.0990
|
0.0860
|
0.0870
|
0.0670
|
0.0230
|
0.0800
|
0.1267
|
0.1733
|
Announcement Date
|
3/31/20
|
3/29/21
|
3/27/22
|
3/27/23
|
3/18/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
3,937
|
3,009
|
4,122
|
4,233
|
3,770
|
4,152
|
4,337
|
4,398
|
4,623
|
5,447
|
5,909
|
7,088
|
7,737
|
EBITDA
|
-
|
1,360
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
1,162
|
947.6
|
1,110
|
967.1
|
822
|
1,122
|
969.3
|
1,126
|
1,484
|
1,656
|
Operating Margin
|
-
|
-
|
-
|
27.46%
|
25.13%
|
26.73%
|
22.3%
|
18.69%
|
24.27%
|
17.8%
|
19.06%
|
20.93%
|
21.4%
|
Earnings before Tax (EBT)
|
-
|
885.6
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
752.3
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
25%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
0.1210
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/31/20
|
8/24/20
|
3/29/21
|
8/30/21
|
3/27/22
|
8/29/22
|
3/27/23
|
8/21/23
|
3/18/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
2,057
|
2,961
|
4,909
|
7,487
|
8,556
|
8,160
|
5,613
|
2,848
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.6672
x
|
0.988
x
|
1.536
x
|
2.379
x
|
2.902
x
|
1.946
x
|
1.059
x
|
0.4496
x
|
Free Cash Flow
1 |
984
|
-
|
-
|
-908
|
-
|
107
|
3,849
|
3,961
|
ROE (net income / shareholders' equity)
|
21.7%
|
16.1%
|
14.6%
|
10.4%
|
5.17%
|
11.3%
|
14.7%
|
16.7%
|
ROA (Net income/ Total Assets)
|
13.4%
|
9.32%
|
6.96%
|
4.27%
|
1.99%
|
9%
|
12%
|
17%
|
Assets
1 |
13,486
|
16,743
|
22,777
|
28,444
|
21,160
|
16,300
|
17,701
|
16,700
|
Book Value Per Share
2 |
1.670
|
1.900
|
2.080
|
2.210
|
2.260
|
2.470
|
2.750
|
3.140
|
Cash Flow per Share
|
-
|
0.4900
|
0.3600
|
0.3900
|
-
|
-
|
-
|
-
|
Capex
1 |
1,615
|
2,675
|
3,562
|
2,905
|
2,866
|
3,117
|
3,117
|
2,617
|
Capex / Sales
|
22.28%
|
37.51%
|
44.52%
|
34.22%
|
31.77%
|
27.35%
|
22.15%
|
15.75%
|
Announcement Date
|
3/31/20
|
3/29/21
|
3/27/22
|
3/27/23
|
3/18/24
|
-
|
-
|
-
|
Last Close Price
1.074
CNY Average target price
1.276
CNY Spread / Average Target +18.88% Consensus |
1st Jan change
|
Capi.
|
---|
| +70.59% | 808M | | +19.81% | 48.58B | | -2.89% | 15.52B | | -1.00% | 15.46B | | -15.75% | 10.44B | | +26.55% | 8.84B | | +105.28% | 8.27B | | -0.30% | 7.96B | | -8.75% | 7.34B | | +23.60% | 6.73B |
Cement & Concrete Manufacturing
|