Financials 360 Ludashi Holdings Limited

Equities

3601

KYG8R49A1078

Internet Services

Delayed Hong Kong S.E. 02:54:53 30/04/2024 BST 5-day change 1st Jan Change
0.81 HKD 0.00% Intraday chart for 360 Ludashi Holdings Limited +5.19% -4.71%

Valuation

Fiscal Period: December 2019 2020 2021 2022
Capitalization 1 983.2 624.9 370.4 401.5
Enterprise Value (EV) 1 650.1 262 -91.73 -148.4
P/E ratio 7.52 x 8.6 x 6.73 x 6.64 x
Yield 2.45% - - -
Capitalization / Revenue 2.43 x 1.8 x 1.1 x 1.12 x
EV / Revenue 1.61 x 0.75 x -0.27 x -0.41 x
EV / EBITDA 5.44 x 2.86 x -1.4 x -2.09 x
EV / FCF 11.6 x 5.85 x -1.49 x -1.86 x
FCF Yield 8.63% 17.1% -67.2% -53.8%
Price to Book 2.24 x 1.29 x 0.69 x 0.67 x
Nbr of stocks (in thousands) 269,000 269,000 269,000 269,000
Reference price 2 3.655 2.323 1.377 1.493
Announcement Date 23/04/20 27/04/21 25/04/22 26/04/23
1CNY in Million2CNY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 122.6 320.3 404.5 347.9 337.9 359.1
EBITDA 1 63.79 99.88 119.4 91.6 65.38 70.87
EBIT 1 63.53 99.18 117.8 84.79 56.52 67.8
Operating Margin 51.83% 30.97% 29.12% 24.37% 16.73% 18.88%
Earnings before Tax (EBT) 1 65.43 92.05 119.7 86.87 63.71 72.1
Net income 1 53.17 71.91 104.7 72.67 55.04 60.49
Net margin 43.38% 22.45% 25.88% 20.89% 16.29% 16.84%
EPS 2 0.2677 0.3612 0.4859 0.2701 0.2046 0.2249
Free Cash Flow 1 34.58 12.41 56.12 44.8 61.62 79.88
FCF margin 28.21% 3.87% 13.88% 12.88% 18.24% 22.24%
FCF Conversion (EBITDA) 54.2% 12.42% 46.99% 48.91% 94.24% 112.72%
FCF Conversion (Net income) 65.03% 17.25% 53.6% 61.65% 111.96% 132.06%
Dividend per Share - - 0.0894 - - -
Announcement Date 25/09/19 25/09/19 23/04/20 27/04/21 25/04/22 26/04/23
1CNY in Million2CNY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 122 165 333 363 462 550
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 34.6 12.4 56.1 44.8 61.6 79.9
ROE (net income / shareholders' equity) 52.1% 41.7% 32.2% 16.5% 11.1% 11.4%
ROA (Net income/ Total Assets) 32.6% 28.2% 19% 10.3% 6.3% 6.76%
Assets 1 163 255.4 551.4 703.9 873.5 894.9
Book Value Per Share 2 0.6800 1.020 1.630 1.800 2.010 2.230
Cash Flow per Share 2 0.5800 0.8700 1.260 1.370 1.430 1.980
Capex 1 0.34 3.65 3.12 3.18 3.36 2.99
Capex / Sales 0.28% 1.14% 0.77% 0.91% 0.99% 0.83%
Announcement Date 25/09/19 25/09/19 23/04/20 27/04/21 25/04/22 26/04/23
1CNY in Million2CNY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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