Financials BOC Hong Kong Holdings Ltd Börse Stuttgart

Equities

BOF

HK2388011192

Banks

Real-time Estimate Tradegate 18:27:17 20/05/2024 BST 5-day change 1st Jan Change
3.05 EUR +1.03% Intraday chart for BOC Hong Kong Holdings Ltd +2.20% +24.75%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 285,994 248,460 270,135 281,236 224,143 273,835 - -
Enterprise Value (EV) 1 285,994 248,460 270,135 281,236 224,143 273,835 273,835 273,835
P/E ratio 8.89 x 9.38 x 11.8 x 10.4 x 6.85 x 7.32 x 7.4 x 7.07 x
Yield 5.68% 5.29% 4.42% - 7.89% 7.52% 7.6% 7.92%
Capitalization / Revenue 4.89 x 4.56 x 5.51 x 4.94 x 3.42 x 4.03 x 3.99 x 3.86 x
EV / Revenue 4.89 x 4.56 x 5.51 x 4.94 x 3.42 x 4.03 x 3.99 x 3.86 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 0.95 x 0.79 x 0.84 x - 0.7 x 0.81 x 0.77 x 0.73 x
Nbr of stocks (in thousands) 10,572,780 10,572,780 10,572,780 10,572,780 10,572,780 10,572,780 - -
Reference price 2 27.05 23.50 25.55 26.60 21.20 25.90 25.90 25.90
Announcement Date 27/03/20 30/03/21 29/03/22 30/03/23 28/03/24 - - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 58,444 54,474 48,982 56,932 65,498 67,935 68,627 71,004
EBITDA - - - - - - - -
EBIT 1 41,777 38,127 32,575 39,088 48,891 47,549 49,414 51,694
Operating Margin 71.48% 69.99% 66.5% 68.66% 74.65% 69.99% 72% 72.8%
Earnings before Tax (EBT) 1 40,088 33,583 29,968 34,988 40,914 45,833 45,190 46,448
Net income 1 32,184 26,487 22,970 27,054 32,723 37,687 37,309 39,069
Net margin 55.07% 48.62% 46.89% 47.52% 49.96% 55.48% 54.36% 55.02%
EPS 2 3.044 2.505 2.173 2.559 3.095 3.536 3.499 3.664
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 1.537 1.242 1.130 - 1.672 1.947 1.969 2.052
Announcement Date 27/03/20 30/03/21 29/03/22 30/03/23 28/03/24 - - -
1HKD in Million2HKD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2019 S2 2020 S1 2020 S2 2021 S1 2021 S2 2022 S1 2022 Q3 2022 S2 2023 S1 2023 Q3 2023 Q4 2023 S2 2024 Q1 2024 S1 2024 S2
Net sales 1 29,275 28,743 25,731 25,050 23,932 27,232 14,794 29,700 29,699 17,786 16,874 35,799 17,793 33,607 32,327
EBITDA - - - - - - - - - - - - - - -
EBIT 1 - - - 16,286 15,107 17,692 10,660 21,396 22,986 13,559 12,346 - 13,808 23,097 21,178
Operating Margin - - - 65.01% 63.12% 64.97% 72.06% 72.04% 77.4% 76.23% 73.17% - 77.6% 68.73% 65.51%
Earnings before Tax (EBT) - - - - - 17,389 - - 21,523 - - - - - -
Net income - - - - - 13,472 - - 17,694 - - - - - -
Net margin - - - - - 49.47% - - 59.58% - - - - - -
EPS 1.412 1.438 1.067 1.190 0.9831 1.274 - 1.285 1.608 - - 1.487 - 1.800 1.610
Dividend per Share - - - - - 0.4470 - - 0.5270 - - - - - -
Announcement Date 27/03/20 30/08/20 30/03/21 30/08/21 29/03/22 30/08/22 28/10/22 30/03/23 30/08/23 30/10/23 28/03/24 28/03/24 29/04/24 - -
1HKD in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 11.5% 9.05% 7.67% - 10.6% 11.5% 10.9% 10.8%
ROA (Net income/ Total Assets) 1.15% 0.86% 0.7% - 0.9% 1% 0.88% 0.9%
Assets 1 2,798,609 3,079,884 3,281,429 - 3,635,889 3,768,740 4,222,832 4,334,985
Book Value Per Share 2 28.60 29.70 30.40 - 30.30 32.10 33.80 35.60
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 27/03/20 30/03/21 29/03/22 30/03/23 28/03/24 - - -
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
14
Last Close Price
25.9 HKD
Average target price
27.16 HKD
Spread / Average Target
+4.88%
Consensus
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