Financials Wong's International Holdings Limited

Equities

99

BMG9738G1078

Electronic Equipment & Parts

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
1.35 HKD 0.00% Intraday chart for Wong's International Holdings Limited 0.00% -21.51%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 1,464 1,402 1,282 1,005 990.5 957
Enterprise Value (EV) 1 2,632 2,617 2,088 1,684 1,843 1,936
P/E ratio 3.06 x 0.99 x 4.81 x -1.32 x 11.1 x 8.7 x
Yield 2.45% 3.24% 2.43% 1.9% 1.93% 3.25%
Capitalization / Revenue 0.38 x 0.35 x 0.34 x 0.31 x 0.3 x 0.28 x
EV / Revenue 0.69 x 0.65 x 0.55 x 0.52 x 0.57 x 0.56 x
EV / EBITDA 9.29 x 8.32 x 8.05 x 8.07 x 9.71 x 8.23 x
EV / FCF 95.2 x 20.1 x 3.97 x 65.6 x -8.48 x -142 x
FCF Yield 1.05% 4.97% 25.2% 1.52% -11.8% -0.7%
Price to Book 0.42 x 0.29 x 0.26 x 0.23 x 0.22 x 0.22 x
Nbr of stocks (in thousands) 478,484 478,484 478,484 478,484 478,484 478,484
Reference price 2 3.060 2.930 2.680 2.100 2.070 2.000
Announcement Date 4/26/18 4/26/19 4/27/20 4/27/21 4/26/22 4/26/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 3,827 4,014 3,781 3,225 3,257 3,467
EBITDA 1 283.4 314.7 259.5 208.8 189.9 235.3
EBIT 1 237.3 259.4 207.3 158.6 137.5 187.3
Operating Margin 6.2% 6.46% 5.48% 4.92% 4.22% 5.4%
Earnings before Tax (EBT) 1 513.2 1,473 304.6 -735.6 126.7 154.6
Net income 1 479.9 1,422 266.3 -761.7 89.47 112.4
Net margin 12.54% 35.42% 7.04% -23.62% 2.75% 3.24%
EPS 2 1.000 2.970 0.5566 -1.592 0.1870 0.2300
Free Cash Flow 1 27.64 129.9 525.9 25.66 -217.3 -13.62
FCF margin 0.72% 3.24% 13.91% 0.8% -6.67% -0.39%
FCF Conversion (EBITDA) 9.75% 41.29% 202.68% 12.29% - -
FCF Conversion (Net income) 5.76% 9.14% 197.47% - - -
Dividend per Share 2 0.0750 0.0950 0.0650 0.0400 0.0400 0.0650
Announcement Date 4/26/18 4/26/19 4/27/20 4/27/21 4/26/22 4/26/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 1,168 1,215 805 679 853 979
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 4.12 x 3.86 x 3.104 x 3.253 x 4.49 x 4.16 x
Free Cash Flow 1 27.6 130 526 25.7 -217 -13.6
ROE (net income / shareholders' equity) 14.8% 34.1% 5.42% -16.3% 2.03% 2.53%
ROA (Net income/ Total Assets) 2.28% 2.16% 1.58% 1.26% 1.12% 1.52%
Assets 1 21,079 65,730 16,910 -60,590 7,985 7,409
Book Value Per Share 2 7.350 10.10 10.50 9.060 9.360 9.220
Cash Flow per Share 2 0.9800 0.9400 1.140 1.420 0.8400 1.140
Capex 1 99.7 27.6 30.9 73.9 17.6 92.8
Capex / Sales 2.6% 0.69% 0.82% 2.29% 0.54% 2.68%
Announcement Date 4/26/18 4/26/19 4/27/20 4/27/21 4/26/22 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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