Financials CHTC Fong's International Company Limited

Equities

641

BMG2168E1140

Industrial Machinery & Equipment

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.29 HKD +1.75% Intraday chart for CHTC Fong's International Company Limited +9.43% +17.41%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 2,564 1,067 583.1 445.6 434.6 440.1
Enterprise Value (EV) 1 3,151 2,375 2,356 1,851 1,275 1,505
P/E ratio 9.13 x 7.57 x 3.45 x 70.9 x 5.64 x -2.15 x
Yield 4.72% 5.15% 3.77% - 2.53% -
Capitalization / Revenue 0.75 x 0.31 x 0.22 x 0.2 x 0.16 x 0.18 x
EV / Revenue 0.93 x 0.68 x 0.88 x 0.81 x 0.48 x 0.6 x
EV / EBITDA 8.37 x 9.41 x 321 x -459 x -16 x -63.8 x
EV / FCF -10.8 x -7.54 x -9.62 x 8.48 x 2.68 x -7.39 x
FCF Yield -9.27% -13.3% -10.4% 11.8% 37.3% -13.5%
Price to Book 1.57 x 0.68 x 0.34 x 0.25 x 0.23 x 0.3 x
Nbr of stocks (in thousands) 1,100,217 1,100,217 1,100,217 1,100,217 1,100,217 1,100,217
Reference price 2 2.330 0.9700 0.5300 0.4050 0.3950 0.4000
Announcement Date 4/19/18 4/25/19 4/21/20 4/21/21 5/6/22 4/24/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 3,404 3,472 2,663 2,275 2,672 2,489
EBITDA 1 376.7 252.4 7.344 -4.031 -79.87 -23.59
EBIT 1 318.9 191.9 -50.24 -66.5 -197.7 -150.9
Operating Margin 9.37% 5.53% -1.89% -2.92% -7.4% -6.06%
Earnings before Tax (EBT) 1 350.8 153.8 217.5 47.6 172 -158.4
Net income 1 281.3 141 168.8 6.289 77 -204.6
Net margin 8.26% 4.06% 6.34% 0.28% 2.88% -8.22%
EPS 2 0.2552 0.1282 0.1535 0.005716 0.0700 -0.1860
Free Cash Flow 1 -292 -314.9 -244.9 218.1 476.2 -203.7
FCF margin -8.58% -9.07% -9.19% 9.59% 17.82% -8.18%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - 3,468.61% 618.39% -
Dividend per Share 2 0.1100 0.0500 0.0200 - 0.0100 -
Announcement Date 4/19/18 4/25/19 4/21/20 4/21/21 5/6/22 4/24/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 588 1,308 1,773 1,405 841 1,065
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 1.56 x 5.181 x 241.4 x -348.6 x -10.53 x -45.15 x
Free Cash Flow 1 -292 -315 -245 218 476 -204
ROE (net income / shareholders' equity) 19% 7.75% 9.77% 1.11% 4.35% -10.4%
ROA (Net income/ Total Assets) 5.11% 2.65% -0.66% -0.89% -2.72% -2.23%
Assets 1 5,499 5,321 -25,439 -702.8 -2,836 9,181
Book Value Per Share 2 1.480 1.420 1.540 1.610 1.690 1.330
Cash Flow per Share 2 0.5200 0.5300 0.3000 0.3100 0.2600 0.3600
Capex 1 321 324 262 112 59.2 88.2
Capex / Sales 9.43% 9.33% 9.85% 4.93% 2.22% 3.54%
Announcement Date 4/19/18 4/25/19 4/21/20 4/21/21 5/6/22 4/24/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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