Delayed
Hong Kong S.E.
09:47:53 2024-05-12 pm EDT
|
5-day change
|
1st Jan Change
|
9.68
HKD
|
-0.72%
|
|
+8.76%
|
+1.68%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
66,843
|
62,675
|
73,503
|
68,569
|
48,753
|
50,798
|
-
|
-
|
Enterprise Value (EV)
1 |
66,843
|
54,978
|
71,305
|
73,864
|
48,753
|
57,289
|
56,657
|
55,861
|
P/E ratio
|
20.1
x
|
15.4
x
|
19.3
x
|
26.1
x
|
15.6
x
|
14.7
x
|
13.2
x
|
12
x
|
Yield
|
5.06%
|
6.47%
|
8.53%
|
-
|
-
|
6.83%
|
7.6%
|
8.34%
|
Capitalization / Revenue
|
1.08
x
|
0.93
x
|
0.99
x
|
0.87
x
|
0.61
x
|
0.6
x
|
0.57
x
|
0.55
x
|
EV / Revenue
|
1.08
x
|
0.81
x
|
0.96
x
|
0.94
x
|
0.61
x
|
0.68
x
|
0.64
x
|
0.6
x
|
EV / EBITDA
|
8.67
x
|
5.87
x
|
8.5
x
|
10.2
x
|
5.94
x
|
6.73
x
|
6.28
x
|
5.88
x
|
EV / FCF
|
-
|
8.58
x
|
29.1
x
|
54.7
x
|
-
|
13.1
x
|
12.2
x
|
11.1
x
|
FCF Yield
|
-
|
11.7%
|
3.44%
|
1.83%
|
-
|
7.61%
|
8.18%
|
9.03%
|
Price to Book
|
3.41
x
|
2.97
x
|
3.93
x
|
5.13
x
|
-
|
3.65
x
|
3.57
x
|
3.56
x
|
Nbr of stocks (in thousands)
|
5,623,786
|
5,624,386
|
5,630,972
|
5,634,164
|
5,634,356
|
5,634,356
|
-
|
-
|
Reference price
2 |
11.89
|
11.14
|
13.05
|
12.17
|
8.653
|
9.016
|
9.016
|
9.016
|
Announcement Date
|
3/23/20
|
3/22/21
|
3/28/22
|
3/27/23
|
3/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
61,978
|
67,618
|
74,082
|
78,717
|
80,418
|
84,599
|
88,605
|
92,845
|
EBITDA
1 |
7,711
|
9,361
|
8,390
|
7,210
|
8,207
|
8,508
|
9,020
|
9,506
|
EBIT
1 |
4,760
|
6,698
|
4,333
|
3,693
|
3,968
|
5,327
|
5,879
|
6,338
|
Operating Margin
|
7.68%
|
9.91%
|
5.85%
|
4.69%
|
4.93%
|
6.3%
|
6.64%
|
6.83%
|
Earnings before Tax (EBT)
1 |
5,412
|
6,532
|
5,809
|
4,149
|
4,779
|
5,312
|
5,880
|
6,409
|
Net income
1 |
3,331
|
4,062
|
3,802
|
2,632
|
3,117
|
3,447
|
3,837
|
4,197
|
Net margin
|
5.37%
|
6.01%
|
5.13%
|
3.34%
|
3.88%
|
4.07%
|
4.33%
|
4.52%
|
EPS
2 |
0.5920
|
0.7215
|
0.6751
|
0.4671
|
0.5531
|
0.6141
|
0.6855
|
0.7489
|
Free Cash Flow
1 |
-
|
6,407
|
2,452
|
1,351
|
-
|
4,361
|
4,637
|
5,045
|
FCF margin
|
-
|
9.47%
|
3.31%
|
1.72%
|
-
|
5.16%
|
5.23%
|
5.43%
|
FCF Conversion (EBITDA)
|
-
|
68.44%
|
29.22%
|
18.74%
|
-
|
51.26%
|
51.4%
|
53.07%
|
FCF Conversion (Net income)
|
-
|
157.71%
|
64.48%
|
51.34%
|
-
|
126.51%
|
120.84%
|
120.22%
|
Dividend per Share
2 |
0.6013
|
0.7210
|
1.114
|
-
|
-
|
0.6154
|
0.6849
|
0.7519
|
Announcement Date
|
3/23/20
|
3/22/21
|
3/28/22
|
3/27/23
|
3/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
31,483
|
32,934
|
34,683
|
35,396
|
38,686
|
38,217
|
40,501
|
40,907
|
39,511
|
42,724
|
41,807
|
45,011
|
44,166
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
3,792
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
2,193
|
-
|
2,944
|
2,231
|
2,102
|
1,473
|
2,220
|
2,151
|
1,817
|
2,635
|
2,381
|
-
|
-
|
Operating Margin
|
6.97%
|
-
|
8.49%
|
6.3%
|
5.43%
|
3.85%
|
5.48%
|
5.26%
|
4.6%
|
6.17%
|
5.7%
|
-
|
-
|
Earnings before Tax (EBT)
1 |
2,860
|
3,665
|
2,867
|
3,215
|
-
|
1,997
|
2,152
|
2,613
|
2,166
|
2,903
|
2,384
|
3,340
|
2,606
|
Net income
1 |
1,828
|
2,380
|
1,682
|
2,035
|
1,767
|
1,253
|
1,379
|
1,638
|
1,480
|
1,697
|
1,495
|
-
|
-
|
Net margin
|
5.81%
|
7.23%
|
4.85%
|
5.75%
|
4.57%
|
3.28%
|
3.4%
|
4%
|
3.75%
|
3.97%
|
3.58%
|
-
|
-
|
EPS
|
0.3248
|
-
|
0.2987
|
-
|
-
|
0.2224
|
-
|
0.2904
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/23/20
|
8/24/20
|
3/22/21
|
8/23/21
|
3/28/22
|
8/22/22
|
3/27/23
|
8/22/23
|
3/26/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
5,295
|
-
|
6,490
|
5,859
|
5,063
|
Net Cash position
1 |
-
|
7,697
|
2,197
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
0.7344
x
|
-
|
0.7628
x
|
0.6495
x
|
0.5326
x
|
Free Cash Flow
1 |
-
|
6,407
|
2,452
|
1,351
|
-
|
4,361
|
4,637
|
5,045
|
ROE (net income / shareholders' equity)
|
14.1%
|
20%
|
19.1%
|
16.4%
|
-
|
24.3%
|
26.3%
|
27.9%
|
ROA (Net income/ Total Assets)
|
4.97%
|
6.8%
|
6.24%
|
4.43%
|
-
|
6.4%
|
6.95%
|
7.75%
|
Assets
1 |
66,959
|
59,746
|
60,918
|
59,379
|
-
|
53,839
|
55,239
|
54,150
|
Book Value Per Share
2 |
3.480
|
3.750
|
3.320
|
2.370
|
-
|
2.470
|
2.530
|
2.530
|
Cash Flow per Share
2 |
1.390
|
1.520
|
0.9600
|
0.7900
|
-
|
1.410
|
1.320
|
1.340
|
Capex
1 |
-
|
2,147
|
2,998
|
3,124
|
-
|
3,257
|
3,166
|
3,115
|
Capex / Sales
|
-
|
3.18%
|
4.05%
|
3.97%
|
-
|
3.85%
|
3.57%
|
3.36%
|
Announcement Date
|
3/23/20
|
3/22/21
|
3/28/22
|
3/27/23
|
3/26/24
|
-
|
-
|
-
|
Last Close Price
9.016
CNY Average target price
10.11
CNY Spread / Average Target +12.09% Consensus |
1st Jan change
|
Capi.
|
---|
| +2.42% | 7.03B | | -13.80% | 8.39B | | +1.89% | 7.82B | | -1.11% | 1.7B | | -10.30% | 923M | | -20.00% | 668M | | -6.83% | 632M | | -18.62% | 605M | | +13.46% | 523M | | -15.63% | 345M |
Ready-Made Meals
|