Financials Xiangxing International Holding Limited

Equities

1732

KYG9831A1067

Marine Port Services

Market Closed - Hong Kong S.E. 04:08:22 2024-06-20 am EDT 5-day change 1st Jan Change
0.182 HKD 0.00% Intraday chart for Xiangxing International Holding Limited +6.43% +4.60%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 205.5 259.2 103.5 120.6 167.8 189.8
Enterprise Value (EV) 1 192.4 186.1 75.7 106.3 145.8 138.8
P/E ratio 7.63 x 22.4 x 7.19 x 11.3 x 16.4 x 17.1 x
Yield - - - - - -
Capitalization / Revenue 0.65 x 1.47 x 0.52 x 0.42 x 0.71 x 1.08 x
EV / Revenue 0.61 x 1.05 x 0.38 x 0.37 x 0.61 x 0.79 x
EV / EBITDA 4.43 x 7 x 2.55 x 4.15 x 14.1 x 5.68 x
EV / FCF -7.62 x 2.92 x -1.96 x -8.28 x -773 x 98.9 x
FCF Yield -13.1% 34.2% -51% -12.1% -0.13% 1.01%
Price to Book 1.84 x 2.12 x 0.75 x 0.81 x 1.05 x 0.95 x
Nbr of stocks (in thousands) 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,200,000
Reference price 2 0.2055 0.2592 0.1035 0.1206 0.1678 0.1581
Announcement Date 3/22/19 3/31/20 4/9/21 4/19/22 4/18/23 4/18/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 316.4 176.6 197.8 288.7 237.3 175.6
EBITDA 1 43.38 26.57 29.74 25.62 10.36 24.45
EBIT 1 37.68 20.3 23.98 20.52 4.613 17.49
Operating Margin 11.91% 11.49% 12.13% 7.11% 1.94% 9.96%
Earnings before Tax (EBT) 1 37.65 19.84 22.59 21.39 16.53 17.6
Net income 1 26.93 11.57 14.41 10.66 10.22 10.94
Net margin 8.51% 6.55% 7.28% 3.69% 4.31% 6.23%
EPS 2 0.0269 0.0116 0.0144 0.0107 0.0102 0.009253
Free Cash Flow 1 -25.25 63.74 -38.65 -12.83 -0.1888 1.404
FCF margin -7.98% 36.09% -19.54% -4.45% -0.08% 0.8%
FCF Conversion (EBITDA) - 239.86% - - - 5.74%
FCF Conversion (Net income) - 551.07% - - - 12.83%
Dividend per Share - - - - - -
Announcement Date 3/22/19 3/31/20 4/9/21 4/19/22 4/18/23 4/18/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 13.1 73.1 27.8 14.3 22 50.9
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -25.2 63.7 -38.6 -12.8 -0.19 1.4
ROE (net income / shareholders' equity) 27.3% 10% 11.1% 7.16% 6.45% 5.81%
ROA (Net income/ Total Assets) 17.3% 7.7% 8.92% 7% 1.53% 5.28%
Assets 1 155.6 150.3 161.6 152.3 668.9 207.3
Book Value Per Share 2 0.1100 0.1200 0.1400 0.1500 0.1600 0.1700
Cash Flow per Share 2 0.0400 0.0700 0.0400 0.0200 0.0300 0.0400
Capex 1 7.63 0.72 7.13 2.39 7.48 2.59
Capex / Sales 2.41% 0.41% 3.61% 0.83% 3.15% 1.47%
Announcement Date 3/22/19 3/31/20 4/9/21 4/19/22 4/18/23 4/18/24
1CNY in Million2CNY
Estimates
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