Financials Wonderful Sky Financial Group Holdings Limited

Equities

1260

KYG9737K1094

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Market Closed - Hong Kong S.E. 04:08:22 2024-04-29 am EDT 5-day change 1st Jan Change
0.144 HKD +4.35% Intraday chart for Wonderful Sky Financial Group Holdings Limited -0.69% -15.79%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,588 1,409 575.7 437.6 287.9 230.3
Enterprise Value (EV) 1 1,234 1,260 235.9 191.5 -337.4 -510.4
P/E ratio 11.8 x 8.74 x 7.94 x 3.7 x -2.23 x 8.47 x
Yield - 2.29% - - - -
Capitalization / Revenue 3.31 x 2.16 x 1.28 x 1.18 x 0.95 x 0.83 x
EV / Revenue 2.57 x 1.93 x 0.52 x 0.52 x -1.11 x -1.85 x
EV / EBITDA 10.2 x 5.93 x 2.83 x 3.94 x -4.07 x -7.71 x
EV / FCF 1.89 x 4.49 x 1.44 x 4.12 x -15.5 x -9.6 x
FCF Yield 52.8% 22.3% 69.6% 24.3% -6.44% -10.4%
Price to Book 1.17 x 0.94 x 0.39 x 0.27 x 0.21 x 0.16 x
Nbr of stocks (in thousands) 1,193,974 1,193,974 1,151,454 1,151,454 1,151,454 1,151,454
Reference price 2 1.330 1.180 0.5000 0.3800 0.2500 0.2000
Announcement Date 7/11/18 7/30/19 7/24/20 7/29/21 7/28/22 7/28/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 479.6 651.4 450.5 371.1 303.6 276
EBITDA 1 121.1 212.4 83.4 48.63 82.9 66.22
EBIT 1 108.2 189.3 59.58 11.49 47.87 32.16
Operating Margin 22.55% 29.06% 13.22% 3.09% 15.77% 11.65%
Earnings before Tax (EBT) 1 169.3 195.8 95.08 135.2 -125.3 32.04
Net income 1 134.7 161.5 75.67 118.3 -128.9 27.22
Net margin 28.09% 24.8% 16.8% 31.88% -42.47% 9.86%
EPS 2 0.1129 0.1350 0.0630 0.1028 -0.1120 0.0236
Free Cash Flow 1 651 280.9 164.2 46.48 21.72 53.15
FCF margin 135.75% 43.12% 36.46% 12.53% 7.15% 19.25%
FCF Conversion (EBITDA) 537.74% 132.25% 196.91% 95.59% 26.2% 80.25%
FCF Conversion (Net income) 483.31% 173.89% 217.03% 39.29% - 195.23%
Dividend per Share - 0.0270 - - - -
Announcement Date 7/11/18 7/30/19 7/24/20 7/29/21 7/28/22 7/28/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 354 149 340 246 625 741
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 651 281 164 46.5 21.7 53.1
ROE (net income / shareholders' equity) 10% 11.3% 5.07% 7.57% -8.5% 1.9%
ROA (Net income/ Total Assets) 3.12% 5.49% 1.94% 0.37% 1.68% 1.27%
Assets 1 4,318 2,943 3,894 32,178 -7,656 2,141
Book Value Per Share 2 1.130 1.250 1.290 1.430 1.210 1.280
Cash Flow per Share 2 0.1400 0.1300 0.0900 0.1300 0.1100 0.0700
Capex 1 687 11.2 12.3 29.2 19.4 0.12
Capex / Sales 143.2% 1.72% 2.72% 7.86% 6.39% 0.04%
Announcement Date 7/11/18 7/30/19 7/24/20 7/29/21 7/28/22 7/28/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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