Market Closed -
Hong Kong S.E.
04:08:16 2024-05-02 am EDT
|
5-day change
|
1st Jan Change
|
2.99
HKD
|
+5.28%
|
|
+14.12%
|
-9.67%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
78,905
|
82,476
|
104,417
|
123,100
|
91,701
|
89,267
|
-
|
-
|
Enterprise Value (EV)
1 |
262,310
|
220,356
|
256,980
|
232,145
|
217,443
|
279,009
|
276,127
|
260,843
|
P/E ratio
|
21.3
x
|
-5.05
x
|
-5.07
x
|
-2.36
x
|
-13.1
x
|
10.4
x
|
6.82
x
|
4.72
x
|
Yield
|
-
|
-
|
-
|
-
|
-
|
0.58%
|
1.8%
|
1.9%
|
Capitalization / Revenue
|
0.51
x
|
0.89
x
|
1.03
x
|
1.41
x
|
0.57
x
|
0.49
x
|
0.46
x
|
0.42
x
|
EV / Revenue
|
1.7
x
|
2.38
x
|
2.53
x
|
2.67
x
|
1.36
x
|
1.54
x
|
1.43
x
|
1.22
x
|
EV / EBITDA
|
7.49
x
|
24.6
x
|
21.2
x
|
-10.2
x
|
25.1
x
|
7.37
x
|
7.09
x
|
5.88
x
|
EV / FCF
|
16.9
x
|
-110
x
|
-92.6
x
|
-67.6
x
|
7.13
x
|
3,244
x
|
117
x
|
48.5
x
|
FCF Yield
|
5.93%
|
-0.91%
|
-1.08%
|
-1.48%
|
14%
|
0.03%
|
0.85%
|
2.06%
|
Price to Book
|
0.9
x
|
0.86
x
|
0.91
x
|
1.87
x
|
-
|
1.13
x
|
0.9
x
|
0.81
x
|
Nbr of stocks (in thousands)
|
12,267,172
|
15,329,302
|
16,948,417
|
18,120,890
|
18,120,906
|
18,120,907
|
-
|
-
|
Reference price
2 |
4.683
|
3.888
|
3.805
|
4.487
|
3.008
|
2.628
|
2.628
|
2.628
|
Announcement Date
|
3/30/20
|
3/30/21
|
3/30/22
|
3/28/23
|
3/27/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
154,322
|
92,561
|
101,644
|
87,059
|
159,929
|
180,794
|
192,661
|
213,939
|
EBITDA
1 |
35,033
|
8,940
|
12,142
|
-22,852
|
8,674
|
37,841
|
38,960
|
44,393
|
EBIT
1 |
3,202
|
-16,550
|
-14,696
|
-32,199
|
-2,142
|
7,845
|
10,086
|
15,595
|
Operating Margin
|
2.07%
|
-17.88%
|
-14.46%
|
-36.99%
|
-1.34%
|
4.34%
|
5.24%
|
7.29%
|
Earnings before Tax (EBT)
1 |
4,070
|
-15,195
|
-13,910
|
-31,526
|
-1,645
|
7,899
|
11,097
|
15,775
|
Net income
1 |
2,651
|
-10,847
|
-12,106
|
-32,682
|
-4,209
|
4,749
|
6,926
|
12,418
|
Net margin
|
1.72%
|
-11.72%
|
-11.91%
|
-37.54%
|
-2.63%
|
2.63%
|
3.6%
|
5.8%
|
EPS
2 |
0.2200
|
-0.7700
|
-0.7500
|
-1.900
|
-0.2300
|
0.2539
|
0.3856
|
0.5562
|
Free Cash Flow
1 |
15,553
|
-2,012
|
-2,776
|
-3,432
|
30,501
|
86
|
2,352
|
5,377
|
FCF margin
|
10.08%
|
-2.17%
|
-2.73%
|
-3.94%
|
19.07%
|
0.05%
|
1.22%
|
2.51%
|
FCF Conversion (EBITDA)
|
44.4%
|
-
|
-
|
-
|
351.64%
|
0.23%
|
6.04%
|
12.11%
|
FCF Conversion (Net income)
|
586.68%
|
-
|
-
|
-
|
-
|
1.81%
|
33.96%
|
43.3%
|
Dividend per Share
2 |
-
|
-
|
-
|
-
|
-
|
0.0154
|
0.0472
|
0.0500
|
Announcement Date
|
3/30/20
|
3/30/21
|
3/30/22
|
3/28/23
|
3/27/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
81,383
|
38,964
|
-
|
23,149
|
50,068
|
21,471
|
19,346
|
40,817
|
29,344
|
16,898
|
46,242
|
34,055
|
37,775
|
71,830
|
47,661
|
40,438
|
88,099
|
44,601
|
43,155
|
54,456
|
45,913
|
EBITDA
1 |
-
|
-
|
-
|
-2,841
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
8,799
|
13,314
|
4,457
|
EBIT
|
-
|
-
|
-
|
-7,298
|
-
|
-5,907
|
-9,537
|
-10,564
|
-5,696
|
-11,059
|
-15,671
|
-1,467
|
-475
|
1,433
|
5,586
|
-5,786
|
-
|
1,519
|
-
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
-31.53%
|
-
|
-27.51%
|
-49.3%
|
-25.88%
|
-19.41%
|
-65.45%
|
-33.89%
|
-4.31%
|
-1.26%
|
1.99%
|
11.72%
|
-14.31%
|
-
|
3.41%
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-5,483
|
-10,917
|
-16,420
|
-
|
-361
|
-
|
5,727
|
-5,611
|
-
|
1,583
|
2,461
|
7,191
|
-1,805
|
Net income
|
-
|
-
|
-4,690
|
-5,984
|
-7,416
|
-4,496
|
-6,992
|
-11,488
|
-
|
-
|
-21,209
|
-1,898
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-25.85%
|
-14.81%
|
-20.94%
|
-36.14%
|
-28.15%
|
-
|
-
|
-45.87%
|
-5.57%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
0.0800
|
-0.6400
|
-
|
-
|
-0.4500
|
-
|
-
|
-0.6800
|
-
|
-
|
-1.220
|
-
|
-
|
-0.1600
|
-
|
-
|
-0.0700
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/30/20
|
8/28/20
|
8/27/21
|
3/30/22
|
3/30/22
|
4/28/22
|
8/30/22
|
8/30/22
|
10/28/22
|
3/28/23
|
3/28/23
|
4/28/23
|
8/29/23
|
8/29/23
|
10/27/23
|
3/27/24
|
3/27/24
|
4/29/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
183,405
|
137,880
|
152,563
|
109,045
|
125,742
|
189,742
|
186,860
|
171,576
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
5.235
x
|
15.42
x
|
12.56
x
|
-4.772
x
|
14.5
x
|
5.014
x
|
4.796
x
|
3.865
x
|
Free Cash Flow
1 |
15,553
|
-2,012
|
-2,776
|
-3,432
|
30,501
|
86
|
2,352
|
5,377
|
ROE (net income / shareholders' equity)
|
4.08%
|
-14.6%
|
-17.6%
|
-62.2%
|
-10.8%
|
9.09%
|
19.6%
|
18.1%
|
ROA (Net income/ Total Assets)
|
1.03%
|
-3.43%
|
-3.73%
|
-10.3%
|
-1.36%
|
1.85%
|
1.74%
|
3%
|
Assets
1 |
257,604
|
316,370
|
324,819
|
317,310
|
310,604
|
256,695
|
397,907
|
413,946
|
Book Value Per Share
2 |
5.230
|
4.540
|
4.190
|
2.400
|
-
|
2.330
|
2.900
|
3.250
|
Cash Flow per Share
2 |
2.540
|
-0.4400
|
0.8300
|
0.2000
|
-
|
1.680
|
1.780
|
1.900
|
Capex
1 |
15,622
|
11,061
|
16,147
|
6,897
|
9,633
|
21,258
|
19,672
|
17,098
|
Capex / Sales
|
10.12%
|
11.95%
|
15.89%
|
7.92%
|
6.02%
|
11.76%
|
10.21%
|
7.99%
|
Announcement Date
|
3/30/20
|
3/30/21
|
3/30/22
|
3/28/23
|
3/27/24
|
-
|
-
|
-
|
Last Close Price
2.628
CNY Average target price
3.617
CNY Spread / Average Target +37.61% Consensus |
1st Jan change
|
Capi.
|
---|
| -9.67% | 12.24B | | +26.03% | 32.28B | | +6.47% | 24.47B | | -0.46% | 19.84B | | +38.46% | 18.41B | | +24.77% | 16.66B | | -18.22% | 14.36B | | +42.17% | 13.85B | | +14.29% | 10.63B | | -1.03% | 10.42B |
Other Airlines
|