Financials Hengtai Securities Co., Ltd.

Equities

1476

CNE100002334

Diversified Investment Services

Delayed Hong Kong S.E. 11:26:36 2024-05-02 pm EDT 5-day change 1st Jan Change
2 HKD 0.00% Intraday chart for Hengtai Securities Co., Ltd. 0.00% -16.67%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,986 9,311 5,853 7,619 7,246 5,682
Enterprise Value (EV) 1 -8,294 -5,157 -6,748 -6,538 -3,342 -4,096
P/E ratio -6.38 x 14.6 x 14 x 27.3 x -5.63 x 109 x
Yield - - - - - -
Capitalization / Revenue 3.22 x 2.77 x 1.86 x 2.37 x 3.25 x 2.76 x
EV / Revenue -5.36 x -1.54 x -2.15 x -2.03 x -1.5 x -1.99 x
EV / EBITDA - - - - - -
EV / FCF - - - - - -
FCF Yield - - - - - -
Price to Book 0.62 x 1.07 x 0.65 x 0.82 x 0.91 x 0.71 x
Nbr of stocks (in thousands) 2,604,567 2,604,567 2,604,567 2,604,567 2,604,567 2,604,567
Reference price 2 1.914 3.575 2.247 2.925 2.782 2.181
Announcement Date 4/3/19 3/29/20 4/21/21 3/27/22 3/26/23 3/22/24
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,546 3,356 3,140 3,213 2,229 2,061
EBITDA - - - - - -
EBIT - - - - - -
Operating Margin - - - - - -
Earnings before Tax (EBT) 1 -820.4 975 598.5 376.3 -2,008 16.66
Net income 1 -673.4 740.5 474.1 279.2 -1,286 64.14
Net margin -43.56% 22.07% 15.1% 8.69% -57.72% 3.11%
EPS 2 -0.3000 0.2452 0.1600 0.1072 -0.4939 0.0200
Free Cash Flow - - - - - -
FCF margin - - - - - -
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 4/3/19 3/29/20 4/21/21 3/27/22 3/26/23 3/22/24
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 13,280 14,467 12,601 14,156 10,588 9,778
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow - - - - - -
ROE (net income / shareholders' equity) -6.09% 7.43% 4.82% 2.99% -16.8% 0.15%
ROA (Net income/ Total Assets) -1.92% 2.57% 1.53% 0.81% -4.4% 0.04%
Assets 1 35,121 28,853 31,023 34,509 29,240 164,474
Book Value Per Share 2 3.090 3.330 3.470 3.580 3.070 3.090
Cash Flow per Share 2 1.200 0.8100 0.6600 0.5800 0.6900 0.7000
Capex 1 130 137 124 156 108 79
Capex / Sales 8.41% 4.08% 3.95% 4.86% 4.86% 3.83%
Announcement Date 4/3/19 3/29/20 4/21/21 3/27/22 3/26/23 3/22/24
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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