Market Closed -
Hong Kong S.E.
04:08:20 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
8.37
HKD
|
+1.21%
|
|
+3.85%
|
+2.57%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
45,318
|
46,155
|
41,134
|
54,845
|
52,533
|
53,885
|
-
|
-
|
Enterprise Value (EV)
1 |
142,578
|
119,943
|
130,988
|
113,674
|
105,297
|
102,295
|
95,763
|
87,807
|
P/E ratio
|
26.8
x
|
-1.69
x
|
-6.72
x
|
-7.65
x
|
6.49
x
|
6.88
x
|
6.87
x
|
6.49
x
|
Yield
|
1.56%
|
-
|
-
|
-
|
-
|
4.91%
|
5.75%
|
6.46%
|
Capitalization / Revenue
|
0.42
x
|
0.98
x
|
0.9
x
|
1.07
x
|
0.56
x
|
0.48
x
|
0.44
x
|
0.42
x
|
EV / Revenue
|
1.33
x
|
2.56
x
|
2.87
x
|
2.23
x
|
1.11
x
|
0.91
x
|
0.78
x
|
0.68
x
|
EV / EBITDA
|
8.12
x
|
44.2
x
|
10.6
x
|
7.22
x
|
4.16
x
|
4.13
x
|
4.12
x
|
3.62
x
|
EV / FCF
|
45
x
|
-6.09
x
|
20
x
|
8.06
x
|
5.37
x
|
12.4
x
|
10.1
x
|
11.5
x
|
FCF Yield
|
2.22%
|
-16.4%
|
5.01%
|
12.4%
|
18.6%
|
8.03%
|
9.86%
|
8.71%
|
Price to Book
|
0.72
x
|
0.63
x
|
0.57
x
|
0.86
x
|
1.01
x
|
0.95
x
|
0.85
x
|
0.81
x
|
Nbr of stocks (in thousands)
|
3,933,845
|
6,437,200
|
6,437,200
|
6,437,200
|
6,437,900
|
6,437,900
|
-
|
-
|
Reference price
2 |
11.52
|
7.170
|
6.390
|
8.520
|
8.160
|
8.370
|
8.370
|
8.370
|
Announcement Date
|
3/11/20
|
3/10/21
|
3/9/22
|
3/8/23
|
3/13/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
106,973
|
46,934
|
45,587
|
51,036
|
94,485
|
112,014
|
122,690
|
129,406
|
EBITDA
1 |
17,549
|
2,716
|
12,336
|
15,735
|
25,323
|
24,775
|
23,240
|
24,247
|
EBIT
1 |
3,327
|
-11,705
|
-450
|
3,546
|
12,999
|
11,594
|
10,371
|
9,917
|
Operating Margin
|
3.11%
|
-24.94%
|
-0.99%
|
6.95%
|
13.76%
|
10.35%
|
8.45%
|
7.66%
|
Earnings before Tax (EBT)
1 |
2,145
|
-22,321
|
-6,057
|
-6,040
|
10,858
|
9,712
|
9,424
|
9,977
|
Net income
1 |
1,691
|
-21,876
|
-6,123
|
-7,162
|
9,067
|
8,340
|
7,948
|
8,462
|
Net margin
|
1.58%
|
-46.61%
|
-13.43%
|
-14.03%
|
9.6%
|
7.45%
|
6.48%
|
6.54%
|
EPS
2 |
0.4300
|
-4.243
|
-0.9510
|
-1.113
|
1.258
|
1.217
|
1.219
|
1.290
|
Free Cash Flow
1 |
3,171
|
-19,709
|
6,559
|
14,107
|
19,607
|
8,219
|
9,442
|
7,651
|
FCF margin
|
2.96%
|
-41.99%
|
14.39%
|
27.64%
|
20.75%
|
7.34%
|
7.7%
|
5.91%
|
FCF Conversion (EBITDA)
|
18.07%
|
-
|
53.17%
|
89.65%
|
77.43%
|
33.17%
|
40.63%
|
31.56%
|
FCF Conversion (Net income)
|
187.52%
|
-
|
-
|
-
|
216.25%
|
98.55%
|
118.8%
|
90.41%
|
Dividend per Share
2 |
0.1800
|
-
|
-
|
-
|
-
|
0.4112
|
0.4810
|
0.5407
|
Announcement Date
|
3/11/20
|
3/10/21
|
3/9/22
|
3/8/23
|
3/13/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
---|
Net sales
1 |
53,426
|
27,669
|
-
|
-
|
29,733
|
18,551
|
32,485
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
-
|
4,082
|
-
|
4,799
|
Operating Margin
|
-
|
-
|
-
|
-
|
13.73%
|
-
|
14.77%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
2,136
|
-
|
-692
|
Net income
1 |
344
|
-9,865
|
-12,011
|
-7,565
|
1,735
|
-
|
-1,863
|
Net margin
|
0.64%
|
-35.65%
|
-
|
-
|
5.84%
|
-
|
-5.73%
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-0.8230
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/11/20
|
8/12/20
|
3/10/21
|
8/11/21
|
3/9/22
|
8/10/22
|
3/8/23
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
97,260
|
73,788
|
89,854
|
58,829
|
52,764
|
48,410
|
41,878
|
33,922
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
5.542
x
|
27.17
x
|
7.284
x
|
3.739
x
|
2.084
x
|
1.954
x
|
1.802
x
|
1.399
x
|
Free Cash Flow
1 |
3,171
|
-19,709
|
6,559
|
14,107
|
19,607
|
8,219
|
9,443
|
7,651
|
ROE (net income / shareholders' equity)
|
2.67%
|
-31.8%
|
-8.42%
|
-10.5%
|
14.6%
|
13.4%
|
12.7%
|
13%
|
ROA (Net income/ Total Assets)
|
0.84%
|
-10.3%
|
-3.05%
|
-3.79%
|
5.11%
|
4.15%
|
3.92%
|
4.43%
|
Assets
1 |
201,310
|
211,751
|
200,600
|
188,772
|
177,515
|
200,739
|
202,716
|
191,108
|
Book Value Per Share
2 |
16.00
|
11.40
|
11.20
|
9.920
|
8.120
|
8.780
|
9.800
|
10.30
|
Cash Flow per Share
2 |
3.900
|
-2.770
|
1.370
|
2.770
|
3.570
|
2.950
|
2.670
|
2.520
|
Capex
1 |
12,171
|
5,418
|
2,276
|
3,729
|
6,801
|
7,376
|
8,047
|
9,719
|
Capex / Sales
|
11.38%
|
11.54%
|
4.99%
|
7.31%
|
7.2%
|
6.59%
|
6.56%
|
7.51%
|
Announcement Date
|
3/11/20
|
3/10/21
|
3/9/22
|
3/8/23
|
3/13/24
|
-
|
-
|
-
|
Last Close Price
8.37
HKD Average target price
10.84
HKD Spread / Average Target +29.49% Consensus |
1st Jan change
|
Capi.
|
---|
| +2.57% | 6.88B | | +24.09% | 32.21B | | +6.68% | 24.77B | | -0.30% | 19.86B | | +32.63% | 18.21B | | +28.07% | 17.37B | | -16.19% | 14.84B | | +38.67% | 13.47B | | -14.20% | 12.32B | | +13.74% | 10.8B |
Other Airlines
|