Delayed
Hong Kong S.E.
07:09:02 16/05/2024 BST
|
5-day change
|
1st Jan Change
|
2.57
HKD
|
+1.98%
|
|
+5.35%
|
+10.34%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
216,593
|
190,338
|
165,801
|
153,646
|
161,280
|
176,187
|
-
|
-
|
Enterprise Value (EV)
1 |
216,593
|
190,338
|
165,801
|
153,646
|
161,280
|
176,187
|
176,187
|
176,187
|
P/E ratio
|
7.11
x
|
6.54
x
|
5.11
x
|
4.58
x
|
4.75
x
|
5.08
x
|
4.9
x
|
4.72
x
|
Yield
|
4.85%
|
5.26%
|
6.05%
|
6.19%
|
5.97%
|
5.33%
|
6.01%
|
6.06%
|
Capitalization / Revenue
|
1.63
x
|
1.34
x
|
1.09
x
|
1.01
x
|
1.11
x
|
1.25
x
|
1.2
x
|
1.16
x
|
EV / Revenue
|
1.63
x
|
1.34
x
|
1.09
x
|
1.01
x
|
1.11
x
|
1.25
x
|
1.2
x
|
1.16
x
|
EV / EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
0.6
x
|
0.62
x
|
0.47
x
|
0.41
x
|
0.38
x
|
0.39
x
|
0.35
x
|
0.33
x
|
Nbr of stocks (in thousands)
|
52,489,310
|
52,489,339
|
54,031,918
|
54,031,933
|
59,085,551
|
59,085,551
|
-
|
-
|
Reference price
2 |
4.410
|
3.990
|
3.320
|
3.070
|
2.900
|
3.160
|
3.160
|
3.160
|
Announcement Date
|
22/01/20
|
21/01/21
|
18/01/22
|
24/03/23
|
27/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
132,812
|
142,535
|
152,751
|
151,865
|
145,735
|
140,737
|
146,311
|
151,647
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
95,194
|
45,687
|
52,639
|
106,638
|
101,826
|
99,363
|
104,814
|
109,868
|
Operating Margin
|
71.68%
|
32.05%
|
34.46%
|
70.22%
|
69.87%
|
70.6%
|
71.64%
|
72.45%
|
Earnings before Tax (EBT)
1 |
45,163
|
45,497
|
52,941
|
55,966
|
49,757
|
49,812
|
52,870
|
52,360
|
Net income
1 |
37,354
|
37,824
|
43,407
|
39,996
|
40,792
|
38,605
|
39,670
|
39,954
|
Net margin
|
28.13%
|
26.54%
|
28.42%
|
26.34%
|
27.99%
|
27.43%
|
27.11%
|
26.35%
|
EPS
2 |
0.6200
|
0.6100
|
0.6500
|
0.6700
|
0.6100
|
0.6226
|
0.6451
|
0.6696
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.2140
|
0.2100
|
0.2010
|
0.1900
|
0.1730
|
0.1685
|
0.1898
|
0.1915
|
Announcement Date
|
22/01/20
|
21/01/21
|
18/01/22
|
24/03/23
|
27/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
---|
Net sales
1 |
72,157
|
77,038
|
39,762
|
78,531
|
38,879
|
73,334
|
-
|
41,817
|
-
|
35,724
|
33,480
|
34,494
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
52,711
|
57,119
|
43,760
|
58,274
|
-
|
-
|
-
|
27,825
|
-
|
24,932
|
20,906
|
25,043
|
Operating Margin
|
73.05%
|
74.14%
|
110.05%
|
74.21%
|
-
|
-
|
-
|
66.54%
|
-
|
69.79%
|
62.44%
|
72.6%
|
Earnings before Tax (EBT)
1 |
22,038
|
-
|
-
|
-
|
-
|
-
|
-
|
14,037
|
-
|
16,021
|
4,323
|
14,987
|
Net income
1 |
18,363
|
-
|
11,549
|
23,299
|
-
|
-
|
12,378
|
11,694
|
-
|
13,618
|
3,102
|
12,426
|
Net margin
|
25.45%
|
-
|
29.05%
|
29.67%
|
-
|
-
|
-
|
27.96%
|
-
|
38.12%
|
9.27%
|
36.02%
|
EPS
|
-
|
-
|
-
|
-
|
0.1800
|
-
|
0.1800
|
-
|
0.3600
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
28/08/20
|
30/08/21
|
26/08/22
|
26/08/22
|
28/10/22
|
24/03/23
|
28/04/23
|
24/08/23
|
24/08/23
|
30/10/23
|
27/03/24
|
29/04/24
|
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)
|
11.8%
|
10.7%
|
10.6%
|
10.3%
|
8.38%
|
8.12%
|
7.84%
|
7.38%
|
ROA (Net income/ Total Assets)
|
0.82%
|
0.75%
|
0.77%
|
0.66%
|
0.62%
|
0.58%
|
0.57%
|
0.54%
|
Assets
1 |
4,545,388
|
5,043,200
|
5,635,077
|
6,101,602
|
6,536,656
|
6,656,034
|
6,956,977
|
7,371,666
|
Book Value Per Share
2 |
7.330
|
6.450
|
6.990
|
7.460
|
7.570
|
8.030
|
9.000
|
9.500
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex / Sales
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
22/01/20
|
21/01/21
|
18/01/22
|
24/03/23
|
27/03/24
|
-
|
-
|
-
|
Last Close Price
3.16
CNY Average target price
3.239
CNY Spread / Average Target +2.51% Consensus |
1st Jan change
|
Capi.
|
---|
| +25.58% | 206B | | +1.06% | 73.17B | | +9.26% | 55.56B | | +21.69% | 51.41B | | +4.94% | 48.93B | | +35.60% | 45.73B | | +7.42% | 38.09B | | -16.64% | 34.96B | | -.--% | 32.24B |
Commercial Banks
|