Financials SiS International Holdings Limited

Equities

529

BMG816841057

Computer & Electronics Retailers

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
1.7 HKD +5.59% Intraday chart for SiS International Holdings Limited +5.59% +10.39%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 1,418 1,126 847.8 444.7 639.3 416.9
Enterprise Value (EV) 1 3,683 3,927 4,241 3,685 3,845 3,127
P/E ratio 3.85 x 3.98 x 10.8 x -1.43 x 5.56 x 9.38 x
Yield 0.78% 1.73% 0.66% - 0.87% 1.33%
Capitalization / Revenue 1.4 x 0.18 x 0.13 x 0.06 x 0.06 x 0.05 x
EV / Revenue 3.64 x 0.62 x 0.66 x 0.49 x 0.35 x 0.34 x
EV / EBITDA 50.1 x 18.1 x 18.1 x 12.5 x 12.1 x 11.1 x
EV / FCF -4.9 x -121 x -18.6 x 13.6 x -9.77 x 11 x
FCF Yield -20.4% -0.83% -5.36% 7.37% -10.2% 9.09%
Price to Book 0.44 x 0.32 x 0.23 x 0.13 x 0.19 x 0.12 x
Nbr of stocks (in thousands) 277,967 277,967 277,967 277,967 277,967 277,967
Reference price 2 5.100 4.050 3.050 1.600 2.300 1.500
Announcement Date 4/30/18 4/29/19 4/28/20 4/26/21 4/24/22 4/26/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 1,011 6,379 6,416 7,576 10,999 9,228
EBITDA 1 73.51 216.6 234.6 295.8 316.8 281.4
EBIT 1 65.39 193 209.6 268.1 284.5 250.6
Operating Margin 6.47% 3.03% 3.27% 3.54% 2.59% 2.72%
Earnings before Tax (EBT) 1 447.9 390.4 157.8 -297.9 274.3 178.9
Net income 1 367.8 283 78.78 -310 115.1 44.46
Net margin 36.39% 4.44% 1.23% -4.09% 1.05% 0.48%
EPS 2 1.323 1.018 0.2830 -1.115 0.4140 0.1599
Free Cash Flow 1 -752.1 -32.55 -227.5 271.6 -393.7 284.4
FCF margin -74.41% -0.51% -3.55% 3.59% -3.58% 3.08%
FCF Conversion (EBITDA) - - - 91.82% - 101.05%
FCF Conversion (Net income) - - - - - 639.57%
Dividend per Share 2 0.0400 0.0700 0.0200 - 0.0200 0.0200
Announcement Date 4/30/18 4/29/19 4/28/20 4/26/21 4/24/22 4/26/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 2,265 2,801 3,393 3,240 3,205 2,710
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 30.81 x 12.93 x 14.46 x 10.95 x 10.12 x 9.63 x
Free Cash Flow 1 -752 -32.5 -227 272 -394 284
ROE (net income / shareholders' equity) 11.4% 8.92% 3.1% -6.61% 5.55% 2.83%
ROA (Net income/ Total Assets) 0.62% 1.52% 1.48% 1.82% 1.9% 1.7%
Assets 1 59,338 18,621 5,321 -17,068 6,072 2,623
Book Value Per Share 2 11.60 12.70 13.00 11.90 12.10 12.10
Cash Flow per Share 2 2.350 2.110 2.400 2.860 3.510 3.100
Capex 1 3.52 11.5 25.1 21.2 17.9 14.6
Capex / Sales 0.35% 0.18% 0.39% 0.28% 0.16% 0.16%
Announcement Date 4/30/18 4/29/19 4/28/20 4/26/21 4/24/22 4/26/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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