ZO FUTURE GROUP |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.16 HKD | -4.24% |
|
-7.06% | +42.34% |
| Apr. 15 | ZO Future Completes Issue of 21.8 Million Shares | MT |
| Apr. 11 | Zo Future Group Further Extends Share Subscription Agreement | MT |
Valuation
| Fiscal Period: Juni | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,383 | 832.4 | 2,019 | 3,337 | 1,447 | 455.2 |
| Enterprise Value (EV) 1 | 1,470 | 957.4 | 2,491 | 3,903 | 2,088 | 1,077 |
| P/E ratio | -2.42 x | -1.77 x | -7.75 x | -43 x | -35.6 x | -17.7 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 6.65 x | 3.96 x | 8.72 x | 20.2 x | 6.55 x | 2.1 x |
| EV / Revenue | 7.07 x | 4.55 x | 10.8 x | 23.7 x | 9.45 x | 4.96 x |
| EV / EBITDA | -4.16 x | -3.17 x | -9.66 x | -12.9 x | -7.65 x | -4.6 x |
| EV / FCF | -4.76 x | -5.82 x | -16.3 x | -16.1 x | -12.8 x | -14.8 x |
| FCF Yield | -21% | -17.2% | -6.14% | -6.22% | -7.79% | -6.74% |
| Price to Book | 2.37 x | 1.39 x | 6.18 x | 6.23 x | 2.96 x | 0.88 x |
| Nbr of stocks (in thousands) | 438,963 | 708,401 | 708,401 | 771,560 | 771,560 | 771,560 |
| Reference price 2 | 3.150 | 1.175 | 2.850 | 4.325 | 1.875 | 0.5900 |
| Announcement Date | 10/30/18 | 10/30/19 | 10/29/20 | 10/28/21 | 10/27/22 | 10/26/23 |
1HKD in Million2HKD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: Juni | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 208 | 210.4 | 231.5 | 165 | 220.9 | 217.1 |
| EBITDA 1 | -353.7 | -301.8 | -257.9 | -302.7 | -273 | -234.3 |
| EBIT 1 | -446.2 | -395.1 | -356.5 | -389.1 | -345.3 | -272.9 |
| Operating Margin | -214.5% | -187.76% | -153.99% | -235.79% | -156.29% | -125.71% |
| Earnings before Tax (EBT) 1 | -438 | -363 | -271.7 | -112.4 | -107.8 | -84.85 |
| Net income 1 | -425 | -360.9 | -260.5 | -74.23 | -40.66 | -25.66 |
| Net margin | -204.33% | -171.51% | -112.51% | -44.98% | -18.4% | -11.82% |
| EPS 2 | -1.302 | -0.6650 | -0.3677 | -0.1006 | -0.0527 | -0.0333 |
| Free Cash Flow 1 | -308.6 | -164.6 | -153 | -242.7 | -162.7 | -72.64 |
| FCF margin | -148.38% | -78.22% | -66.09% | -147.07% | -73.64% | -33.46% |
| FCF Conversion (EBITDA) | - | - | - | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 10/30/18 | 10/30/19 | 10/29/20 | 10/28/21 | 10/27/22 | 10/26/23 |
1HKD in Million2HKD
Estimates
Balance Sheet Analysis
| Fiscal Period: June | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 87.2 | 125 | 472 | 566 | 641 | 622 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | -0.2464 x | -0.4144 x | -1.831 x | -1.871 x | -2.348 x | -2.655 x |
| Free Cash Flow 1 | -309 | -165 | -153 | -243 | -163 | -72.6 |
| ROE (net income / shareholders' equity) | -102% | -63.9% | -60.9% | -37% | -40.8% | -40.3% |
| ROA (Net income/ Total Assets) | -37.8% | -24.9% | -21.3% | -22.7% | -20.6% | -17.3% |
| Assets 1 | 1,124 | 1,450 | 1,225 | 326.4 | 197.3 | 148.7 |
| Book Value Per Share 2 | 1.330 | 0.8400 | 0.4600 | 0.6900 | 0.6300 | 0.6700 |
| Cash Flow per Share 2 | 0.1600 | 0.1200 | 0.0500 | 0.0500 | 0.0400 | 0.0200 |
| Capex 1 | 20.6 | 4.79 | 1.82 | 3.67 | 12.8 | 27.4 |
| Capex / Sales | 9.9% | 2.28% | 0.79% | 2.22% | 5.8% | 12.6% |
| Announcement Date | 10/30/18 | 10/30/19 | 10/29/20 | 10/28/21 | 10/27/22 | 10/26/23 |
1HKD in Million2HKD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +42.34% | 329M | |
| -3.51% | 2.4B | |
| +10.67% | 1.14B | |
| +21.57% | 808M | |
| +2.92% | 437M | |
| +36.96% | 434M | |
| +4.02% | 384M | |
| +51.59% | 318M | |
| -0.33% | 278M | |
| -.--% | 274M |
- Stock Market
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- Financials ZO Future Group
