Market Closed -
Hong Kong S.E.
09:08:20 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
62.9
HKD
|
-1.80%
|
|
+1.62%
|
+5.36%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
7,060
|
5,998
|
5,083
|
5,790
|
5,306
|
5,576
|
-
|
-
|
Enterprise Value (EV)
1 |
20,312
|
22,516
|
21,410
|
20,551
|
21,439
|
23,318
|
24,851
|
26,492
|
P/E ratio
|
10.1
x
|
11.8
x
|
9.04
x
|
278
x
|
6.95
x
|
8.11
x
|
7.07
x
|
6.19
x
|
Yield
|
3.48%
|
2.97%
|
3.87%
|
3.19%
|
5.04%
|
4.24%
|
4.76%
|
5.16%
|
Capitalization / Revenue
|
3.57
x
|
2.92
x
|
2.33
x
|
2.51
x
|
2.16
x
|
2.24
x
|
2.05
x
|
1.9
x
|
EV / Revenue
|
10.3
x
|
11
x
|
9.81
x
|
8.91
x
|
8.71
x
|
9.37
x
|
9.13
x
|
9.04
x
|
EV / EBITDA
|
11.1
x
|
11.7
x
|
10.7
x
|
9.53
x
|
9.33
x
|
9.98
x
|
9.69
x
|
9.63
x
|
EV / FCF
|
-13.1
x
|
-8
x
|
-66.9
x
|
25.7
x
|
35
x
|
43.8
x
|
22.5
x
|
-107
x
|
FCF Yield
|
-7.64%
|
-12.5%
|
-1.49%
|
3.9%
|
2.86%
|
2.28%
|
4.45%
|
-0.94%
|
Price to Book
|
1.54
x
|
1.26
x
|
0.97
x
|
1.11
x
|
0.92
x
|
0.9
x
|
0.83
x
|
0.76
x
|
Nbr of stocks (in thousands)
|
694,010
|
694,010
|
694,010
|
694,010
|
694,010
|
694,010
|
-
|
-
|
Reference price
2 |
10.17
|
8.642
|
7.324
|
8.342
|
7.645
|
8.035
|
8.035
|
8.035
|
Announcement Date
|
11/03/20
|
11/03/21
|
10/03/22
|
09/03/23
|
14/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,976
|
2,054
|
2,183
|
2,307
|
2,461
|
2,487
|
2,723
|
2,929
|
EBITDA
1 |
1,837
|
1,925
|
2,007
|
2,156
|
2,298
|
2,337
|
2,566
|
2,750
|
EBIT
1 |
1,228
|
1,205
|
1,242
|
1,370
|
1,503
|
1,497
|
1,663
|
1,794
|
Operating Margin
|
62.13%
|
58.68%
|
56.88%
|
59.4%
|
61.06%
|
60.18%
|
61.07%
|
61.26%
|
Earnings before Tax (EBT)
1 |
774.9
|
563
|
638.7
|
29.5
|
860.6
|
783.2
|
898.4
|
1,030
|
Net income
1 |
702.3
|
509.8
|
561.3
|
20.06
|
763.9
|
693.1
|
794.3
|
858.6
|
Net margin
|
35.54%
|
24.82%
|
25.71%
|
0.87%
|
31.04%
|
27.86%
|
29.17%
|
29.31%
|
EPS
2 |
1.010
|
0.7300
|
0.8100
|
0.0300
|
1.100
|
0.9910
|
1.137
|
1.298
|
Free Cash Flow
1 |
-1,552
|
-2,815
|
-320
|
800.6
|
613.2
|
532.5
|
1,106
|
-248
|
FCF margin
|
-78.54%
|
-137.05%
|
-14.66%
|
34.7%
|
24.92%
|
21.41%
|
40.6%
|
-8.47%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
37.12%
|
26.68%
|
22.78%
|
43.09%
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
3,990.84%
|
80.28%
|
76.83%
|
139.18%
|
-
|
Dividend per Share
2 |
0.3541
|
0.2571
|
0.2831
|
0.2659
|
0.3852
|
0.3410
|
0.3827
|
0.4142
|
Announcement Date
|
11/03/20
|
11/03/21
|
10/03/22
|
09/03/23
|
14/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
13,252
|
16,518
|
16,326
|
14,761
|
16,133
|
17,742
|
19,275
|
20,915
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
7.213
x
|
8.582
x
|
8.133
x
|
6.845
x
|
7.02
x
|
7.591
x
|
7.512
x
|
7.605
x
|
Free Cash Flow
1 |
-1,552
|
-2,815
|
-320
|
801
|
613
|
533
|
1,106
|
-248
|
ROE (net income / shareholders' equity)
|
16%
|
10.9%
|
11.2%
|
0.38%
|
14%
|
11.5%
|
12.1%
|
12%
|
ROA (Net income/ Total Assets)
|
3.69%
|
2.35%
|
2.37%
|
0.09%
|
3.3%
|
2.72%
|
3.14%
|
3.08%
|
Assets
1 |
19,031
|
21,668
|
23,724
|
22,978
|
23,121
|
25,483
|
25,278
|
27,878
|
Book Value Per Share
2 |
6.600
|
6.880
|
7.590
|
7.500
|
8.280
|
8.980
|
9.660
|
10.60
|
Cash Flow per Share
2 |
2.370
|
2.630
|
2.600
|
2.890
|
3.290
|
2.550
|
2.700
|
3.300
|
Capex
1 |
3,197
|
4,641
|
2,124
|
1,208
|
1,670
|
3,342
|
3,236
|
3,181
|
Capex / Sales
|
161.81%
|
225.98%
|
97.3%
|
52.36%
|
67.85%
|
134.35%
|
118.83%
|
108.58%
|
Announcement Date
|
11/03/20
|
11/03/21
|
10/03/22
|
09/03/23
|
14/03/24
|
-
|
-
|
-
|
Last Close Price
8.035
USD Average target price
9.435
USD Spread / Average Target +17.42% Consensus |
1st Jan change
|
Capi.
|
---|
| +5.36% | 5.58B | | +59.08% | 24.77B | | +57.87% | 7.09B | | +0.98% | 4.8B | | +36.96% | 4.35B | | +46.76% | 3.29B | | +10.98% | 2.59B | | +15.50% | 1.73B | | +4.45% | 1.13B | | -12.57% | 1.08B |
Commercial Leasing
|