IMPRO PRECISION INDUSTRIES LIMITED Financials Impro Precision Industries Limited
Equities
1286
KYG4723A1085
Industrial Machinery & Equipment
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.19 HKD | 0.00% |
|
-1.79% | -8.75% |
Valuation
| Fiscal Period: December | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Capitalization 1 | 6,027 | 4,708 | 3,484 | 4,184 | 4,529 |
| Enterprise Value (EV) 1 | 6,540 | 4,960 | 4,450 | 5,906 | 6,156 |
| P/E ratio | 10.1 x | -31.6 x | 9.11 x | 7.18 x | 7.74 x |
| Yield | 2.25% | 1.68% | 5.46% | 7.21% | 6.67% |
| Capitalization / Revenue | 1.66 x | 1.61 x | 0.92 x | 0.96 x | 0.98 x |
| EV / Revenue | 1.8 x | 1.7 x | 1.18 x | 1.36 x | 1.34 x |
| EV / EBITDA | 6.67 x | 6.68 x | 5.22 x | 5.33 x | 5.4 x |
| EV / FCF | 29 x | 18 x | -7.57 x | -2,228 x | 19.9 x |
| FCF Yield | 3.45% | 5.57% | -13.2% | -0.04% | 5.03% |
| Price to Book | 1.5 x | 1.17 x | 0.8 x | 0.96 x | 0.93 x |
| Nbr of stocks (in thousands) | 1,883,295 | 1,883,295 | 1,883,295 | 1,884,560 | 1,887,286 |
| Reference price 2 | 3.200 | 2.500 | 1.850 | 2.220 | 2.400 |
| Announcement Date | 4/2/20 | 3/30/21 | 3/31/22 | 4/17/23 | 4/17/24 |
1HKD in Million2HKD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 3,749 | 3,640 | 2,925 | 3,778 | 4,355 | 4,604 |
| EBITDA 1 | 1,025 | 979.8 | 743 | 852.8 | 1,109 | 1,140 |
| EBIT 1 | 733 | 690.3 | 440.8 | 541.6 | 764.3 | 718.9 |
| Operating Margin | 19.55% | 18.96% | 15.07% | 14.34% | 17.55% | 15.61% |
| Earnings before Tax (EBT) 1 | 487.4 | 638.5 | -52.8 | 468.6 | 689 | 619.9 |
| Net income 1 | 409.6 | 538.9 | -148.2 | 382.8 | 581.9 | 585.1 |
| Net margin | 10.93% | 14.8% | -5.07% | 10.13% | 13.36% | 12.71% |
| EPS 2 | 0.2730 | 0.3170 | -0.0790 | 0.2030 | 0.3090 | 0.3100 |
| Free Cash Flow 1 | 73.31 | 225.9 | 276.1 | -588.2 | -2.651 | 309.5 |
| FCF margin | 1.96% | 6.21% | 9.44% | -15.57% | -0.06% | 6.72% |
| FCF Conversion (EBITDA) | 7.15% | 23.05% | 37.16% | - | - | 27.15% |
| FCF Conversion (Net income) | 17.9% | 41.92% | - | - | - | 52.89% |
| Dividend per Share 2 | 0.0682 | 0.0720 | 0.0420 | 0.1010 | 0.1600 | 0.1600 |
| Announcement Date | 6/16/19 | 4/2/20 | 3/30/21 | 3/31/22 | 4/17/23 | 4/17/24 |
1HKD in Million2HKD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 1,695 | 513 | 252 | 966 | 1,723 | 1,627 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.653 x | 0.5239 x | 0.3389 x | 1.133 x | 1.554 x | 1.428 x |
| Free Cash Flow 1 | 73.3 | 226 | 276 | -588 | -2.65 | 309 |
| ROE (net income / shareholders' equity) | 15.8% | 16.1% | -3.58% | 9.17% | 13.3% | 12.6% |
| ROA (Net income/ Total Assets) | 8.4% | 7.48% | 4.74% | 5.32% | 6.45% | 5.59% |
| Assets 1 | 4,874 | 7,201 | -3,129 | 7,189 | 9,018 | 10,459 |
| Book Value Per Share 2 | 1.780 | 2.130 | 2.130 | 2.310 | 2.320 | 2.590 |
| Cash Flow per Share 2 | 0.1600 | 0.3000 | 0.3200 | 0.3100 | 0.2600 | 0.3300 |
| Capex 1 | 491 | 459 | 485 | 962 | 635 | 711 |
| Capex / Sales | 13.09% | 12.6% | 16.58% | 25.46% | 14.58% | 15.45% |
| Announcement Date | 6/16/19 | 4/2/20 | 3/30/21 | 3/31/22 | 4/17/23 | 4/17/24 |
1HKD in Million2HKD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| -8.75% | 529M | |
| +21.86% | 9.06B | |
| +23.58% | 6.73B | |
| +15.90% | 5.13B | |
| +9.98% | 4.89B | |
| +22.65% | 4.4B | |
| -23.16% | 3.07B | |
| +5.53% | 2.61B | |
| -28.59% | 2.59B | |
| 0.00% | 2.58B |
- Stock Market
- Equities
- 1286 Stock
- Financials Impro Precision Industries Limited
