Delayed
Hong Kong S.E.
02:04:14 2024-06-05 am EDT
|
5-day change
|
1st Jan Change
|
113.4
HKD
|
-0.09%
|
|
+0.62%
|
+38.46%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
528,942
|
1,458,935
|
1,126,918
|
955,524
|
464,829
|
651,724
|
-
|
-
|
Enterprise Value (EV)
1 |
471,657
|
1,421,899
|
1,069,041
|
881,605
|
354,838
|
522,044
|
476,240
|
414,744
|
P/E ratio
|
240
x
|
318
x
|
-47.1
x
|
-142
x
|
35.3
x
|
28.3
x
|
17.5
x
|
12.8
x
|
Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capitalization / Revenue
|
5.42
x
|
12.7
x
|
6.29
x
|
4.34
x
|
1.68
x
|
2
x
|
1.72
x
|
1.51
x
|
EV / Revenue
|
4.84
x
|
12.4
x
|
5.97
x
|
4.01
x
|
1.28
x
|
1.6
x
|
1.26
x
|
0.96
x
|
EV / EBITDA
|
65
x
|
300
x
|
-110
x
|
90.7
x
|
14.9
x
|
13.5
x
|
8.82
x
|
6.02
x
|
EV / FCF
|
183
x
|
-518
x
|
-82.1
x
|
155
x
|
10.5
x
|
17.6
x
|
10.2
x
|
7.45
x
|
FCF Yield
|
0.55%
|
-0.19%
|
-1.22%
|
0.64%
|
9.48%
|
5.69%
|
9.85%
|
13.4%
|
Price to Book
|
5.7
x
|
14.8
x
|
8.83
x
|
7.42
x
|
3.06
x
|
3.74
x
|
3.03
x
|
2.41
x
|
Nbr of stocks (in thousands)
|
5,808,400
|
5,883,965
|
6,135,944
|
6,192,973
|
6,244,376
|
6,196,345
|
-
|
-
|
Reference price
2 |
91.07
|
248.0
|
183.7
|
154.3
|
74.44
|
105.2
|
105.2
|
105.2
|
Announcement Date
|
3/30/20
|
3/26/21
|
3/25/22
|
3/24/23
|
3/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
97,529
|
114,795
|
179,128
|
219,955
|
276,745
|
326,091
|
379,108
|
430,629
|
EBITDA
1 |
7,254
|
4,738
|
-9,694
|
9,725
|
23,878
|
38,806
|
54,017
|
68,919
|
EBIT
1 |
2,700
|
4,330
|
-23,127
|
-5,820
|
13,415
|
25,847
|
40,614
|
54,773
|
Operating Margin
|
2.77%
|
3.77%
|
-12.91%
|
-2.65%
|
4.85%
|
7.93%
|
10.71%
|
12.72%
|
Earnings before Tax (EBT)
1 |
2,762
|
4,438
|
-23,566
|
-6,756
|
14,022
|
25,279
|
40,457
|
55,119
|
Net income
1 |
2,239
|
4,708
|
-23,538
|
-6,686
|
13,856
|
22,830
|
36,832
|
50,445
|
Net margin
|
2.3%
|
4.1%
|
-13.14%
|
-3.04%
|
5.01%
|
7%
|
9.72%
|
11.71%
|
EPS
2 |
0.3800
|
0.7800
|
-3.900
|
-1.090
|
2.110
|
3.719
|
6.009
|
8.219
|
Free Cash Flow
1 |
2,574
|
-2,748
|
-13,022
|
5,680
|
33,642
|
29,684
|
46,896
|
55,647
|
FCF margin
|
2.64%
|
-2.39%
|
-7.27%
|
2.58%
|
12.16%
|
9.1%
|
12.37%
|
12.92%
|
FCF Conversion (EBITDA)
|
35.49%
|
-
|
-
|
58.41%
|
140.89%
|
76.49%
|
86.82%
|
80.74%
|
FCF Conversion (Net income)
|
114.98%
|
-
|
-
|
-
|
242.8%
|
130.02%
|
127.32%
|
110.31%
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/30/20
|
3/26/21
|
3/25/22
|
3/24/23
|
3/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
---|
Net sales
1 |
48,829
|
49,523
|
46,269
|
50,938
|
62,619
|
60,129
|
58,617
|
67,965
|
76,467
|
73,696
|
69,590
|
78,526
|
88,154
|
86,113
|
80,575
|
EBITDA
1 |
-4,062
|
-2,010
|
-1,841
|
3,803
|
4,802
|
2,961
|
6,262
|
7,682
|
6,189
|
3,744
|
7,873
|
9,778
|
10,706
|
9,565
|
-
|
EBIT
1 |
-10,103
|
-5,006
|
-5,584
|
-492.8
|
988.2
|
-731.6
|
3,586
|
4,713
|
3,359
|
1,758
|
4,912
|
7,386
|
8,337
|
7,366
|
7,288
|
Operating Margin
|
-20.69%
|
-10.11%
|
-12.07%
|
-0.97%
|
1.58%
|
-1.22%
|
6.12%
|
6.93%
|
4.39%
|
2.39%
|
7.06%
|
9.41%
|
9.46%
|
8.55%
|
9.04%
|
Earnings before Tax (EBT)
1 |
-10,000
|
-5,344
|
-5,758
|
-1,121
|
1,209
|
-1,085
|
3,367
|
4,699
|
3,643
|
2,313
|
4,281
|
6,921
|
7,744
|
5,573
|
5,560
|
Net income
1 |
-9,995
|
-5,339
|
-5,703
|
-1,117
|
1,216
|
-1,083
|
3,358
|
4,688
|
3,593
|
2,216
|
3,990
|
5,478
|
8,430
|
6,324
|
-
|
Net margin
|
-20.47%
|
-10.78%
|
-12.32%
|
-2.19%
|
1.94%
|
-1.8%
|
5.73%
|
6.9%
|
4.7%
|
3.01%
|
5.73%
|
6.98%
|
9.56%
|
7.34%
|
-
|
EPS
2 |
-1.678
|
-0.8800
|
-0.9220
|
-0.1800
|
0.2000
|
-0.1880
|
-
|
-
|
-
|
-
|
0.6200
|
1.110
|
1.060
|
0.7800
|
-
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
11/26/21
|
3/25/22
|
6/2/22
|
8/26/22
|
11/25/22
|
3/24/23
|
5/25/23
|
8/24/23
|
11/28/23
|
3/22/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
57,286
|
37,036
|
57,876
|
73,919
|
109,991
|
129,680
|
175,485
|
236,980
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
2,574
|
-2,748
|
-13,022
|
5,680
|
33,642
|
29,684
|
46,896
|
55,647
|
ROE (net income / shareholders' equity)
|
2.51%
|
4.96%
|
-21.1%
|
-5.26%
|
9.87%
|
16.5%
|
20.3%
|
21.6%
|
ROA (Net income/ Total Assets)
|
1.77%
|
3.15%
|
-11.6%
|
-2.76%
|
5.16%
|
8.69%
|
10.8%
|
12.4%
|
Assets
1 |
126,334
|
149,295
|
203,614
|
242,602
|
268,756
|
262,630
|
341,578
|
405,737
|
Book Value Per Share
2 |
16.00
|
16.70
|
20.80
|
20.80
|
24.30
|
28.10
|
34.80
|
43.60
|
Cash Flow per Share
2 |
0.9400
|
1.410
|
-0.6600
|
1.850
|
6.430
|
6.410
|
9.300
|
12.10
|
Capex
1 |
3,000
|
11,223
|
9,010
|
5,731
|
6,880
|
8,315
|
8,748
|
8,751
|
Capex / Sales
|
3.08%
|
9.78%
|
5.03%
|
2.61%
|
2.49%
|
2.55%
|
2.31%
|
2.03%
|
Announcement Date
|
3/30/20
|
3/26/21
|
3/25/22
|
3/24/23
|
3/22/24
|
-
|
-
|
-
|
Last Close Price
105.2
CNY Average target price
127.2
CNY Spread / Average Target +20.98% Consensus |
1st Jan change
|
Capi.
|
---|
| +37.97% | 90.02B | | -0.32% | 203B | | +1.21% | 190B | | +3.76% | 82.67B | | +8.10% | 50.99B | | +23.18% | 27.22B | | +31.35% | 11.7B | | -8.16% | 8.85B | | -23.74% | 5.05B | | -10.44% | 4.03B |
E-commerce & Auction Services
|