Market Closed -
Hong Kong S.E.
04:08:06 2024-04-30 am EDT
|
5-day change
|
1st Jan Change
|
3
HKD
|
-4.15%
|
|
+20.48%
|
-16.20%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
32,053
|
38,604
|
15,389
|
11,801
|
4,621
|
4,111
|
-
|
-
|
Enterprise Value (EV)
1 |
27,452
|
33,227
|
7,727
|
8,049
|
4,621
|
255.9
|
-746.6
|
297.3
|
P/E ratio
|
26.1
x
|
21.9
x
|
6.49
x
|
6.39
x
|
10.2
x
|
3.65
x
|
2.81
x
|
3.49
x
|
Yield
|
1.87%
|
1.8%
|
3.78%
|
-
|
-
|
5.08%
|
5.23%
|
5.6%
|
Capitalization / Revenue
|
6.25
x
|
3.85
x
|
1.09
x
|
0.77
x
|
0.3
x
|
0.26
x
|
0.24
x
|
0.24
x
|
EV / Revenue
|
5.35
x
|
3.31
x
|
0.55
x
|
0.52
x
|
0.3
x
|
0.02
x
|
-0.04
x
|
0.02
x
|
EV / EBITDA
|
15.6
x
|
12.3
x
|
2.32
x
|
2.67
x
|
2.12
x
|
0.13
x
|
-0.3
x
|
0.14
x
|
EV / FCF
|
17.6
x
|
13.1
x
|
3.06
x
|
-
|
-
|
-0.23
x
|
2.3
x
|
-0.2
x
|
FCF Yield
|
5.7%
|
7.65%
|
32.6%
|
-
|
-
|
-442%
|
43.5%
|
-501%
|
Price to Book
|
5.18
x
|
5.25
x
|
1.38
x
|
0.95
x
|
-
|
0.3
x
|
0.27
x
|
0.27
x
|
Nbr of stocks (in thousands)
|
1,333,334
|
1,333,334
|
1,420,001
|
1,420,001
|
1,420,001
|
1,420,001
|
-
|
-
|
Reference price
2 |
24.04
|
28.95
|
10.84
|
8.311
|
3.254
|
2.895
|
2.895
|
2.895
|
Announcement Date
|
3/17/20
|
3/22/21
|
3/31/22
|
3/28/23
|
3/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
5,127
|
10,026
|
14,080
|
15,379
|
15,443
|
16,003
|
17,479
|
17,362
|
EBITDA
1 |
1,756
|
2,705
|
3,338
|
3,018
|
2,176
|
2,017
|
2,464
|
2,179
|
EBIT
1 |
1,688
|
2,523
|
3,229
|
2,880
|
1,986
|
1,759
|
2,143
|
1,806
|
Operating Margin
|
32.92%
|
25.17%
|
22.93%
|
18.73%
|
12.86%
|
10.99%
|
12.26%
|
10.4%
|
Earnings before Tax (EBT)
1 |
1,694
|
2,488
|
3,076
|
2,452
|
1,049
|
1,820
|
2,203
|
1,919
|
Net income
1 |
1,231
|
1,754
|
2,308
|
1,840
|
460.9
|
1,158
|
1,479
|
1,196
|
Net margin
|
24%
|
17.5%
|
16.4%
|
11.96%
|
2.98%
|
7.24%
|
8.46%
|
6.89%
|
EPS
2 |
0.9200
|
1.320
|
1.670
|
1.300
|
0.3200
|
0.7928
|
1.029
|
0.8298
|
Free Cash Flow
1 |
1,564
|
2,543
|
2,521
|
-
|
-
|
-1,132
|
-325
|
-1,491
|
FCF margin
|
30.5%
|
25.37%
|
17.91%
|
-
|
-
|
-7.07%
|
-1.86%
|
-8.59%
|
FCF Conversion (EBITDA)
|
89.05%
|
94.04%
|
75.54%
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
127.04%
|
144.97%
|
109.22%
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.4500
|
0.5200
|
0.4100
|
-
|
-
|
0.1470
|
0.1514
|
0.1620
|
Announcement Date
|
3/17/20
|
3/22/21
|
3/31/22
|
3/28/23
|
3/25/24
|
-
|
-
|
-
|
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
|
---|
Net sales
1 |
2,886
|
4,002
|
6,025
|
6,247
|
7,833
|
7,620
|
7,759
|
7,699
|
7,745
|
6,268
|
9,403
|
EBITDA
|
979.4
|
842.7
|
-
|
1,532
|
1,806
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
941.6
|
773.5
|
-
|
1,428
|
1,802
|
1,624
|
1,168
|
1,205
|
781
|
681.8
|
1,023
|
Operating Margin
|
32.63%
|
19.33%
|
-
|
22.85%
|
23%
|
21.32%
|
15.06%
|
15.66%
|
10.08%
|
10.88%
|
10.88%
|
Earnings before Tax (EBT)
|
944
|
1,141
|
-
|
1,543
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
689.4
|
758
|
-
|
1,142
|
1,166
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
23.89%
|
18.94%
|
-
|
18.29%
|
14.89%
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/17/20
|
8/19/20
|
3/22/21
|
8/16/21
|
3/31/22
|
8/17/22
|
3/28/23
|
8/28/23
|
3/25/24
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
4,601
|
5,377
|
7,662
|
3,752
|
-
|
3,855
|
4,858
|
3,814
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
1,564
|
2,543
|
2,521
|
-
|
-
|
-1,132
|
-325
|
-1,491
|
ROE (net income / shareholders' equity)
|
21.2%
|
25.9%
|
24.9%
|
15.6%
|
-
|
8.81%
|
9.37%
|
7.99%
|
ROA (Net income/ Total Assets)
|
14.8%
|
15%
|
13.5%
|
8.58%
|
-
|
4.9%
|
4.71%
|
4.25%
|
Assets
1 |
8,344
|
11,681
|
17,078
|
21,442
|
-
|
23,639
|
31,370
|
28,123
|
Book Value Per Share
2 |
4.640
|
5.520
|
7.880
|
8.780
|
-
|
9.630
|
10.60
|
10.80
|
Cash Flow per Share
2 |
1.200
|
1.970
|
1.940
|
-
|
-
|
0.8600
|
0.9300
|
0.8400
|
Capex
1 |
14.7
|
54.2
|
83.4
|
-
|
-
|
267
|
387
|
20
|
Capex / Sales
|
0.29%
|
0.54%
|
0.59%
|
-
|
-
|
1.67%
|
2.22%
|
0.12%
|
Announcement Date
|
3/17/20
|
3/22/21
|
3/31/22
|
3/28/23
|
3/25/24
|
-
|
-
|
-
|
Last Close Price
2.895
CNY Average target price
2.871
CNY Spread / Average Target -0.83% Consensus |
1st Jan change
|
Capi.
|
---|
| -16.20% | 568M | | -5.53% | 26.53B | | -5.31% | 18.7B | | -24.00% | 10.28B | | -15.82% | 9.82B | | -2.74% | 8.73B | | -5.08% | 6.71B | | +33.24% | 4.35B | | -8.24% | 2.27B | | -18.26% | 2B |
Other Real Estate Services
|