Market Closed -
Hong Kong S.E.
09:08:17 07/05/2024 BST
|
5-day change
|
1st Jan Change
|
5.24
HKD
|
-0.76%
|
|
+9.39%
|
-10.58%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
16,106
|
13,279
|
27,182
|
26,722
|
19,261
|
17,339
|
-
|
-
|
Enterprise Value (EV)
1 |
13,567
|
9,573
|
22,899
|
22,031
|
13,867
|
11,080
|
8,887
|
7,705
|
P/E ratio
|
30
x
|
19
x
|
27.6
x
|
21
x
|
13.2
x
|
10.5
x
|
8.27
x
|
7.72
x
|
Yield
|
1.02%
|
1.58%
|
1.09%
|
1.48%
|
-
|
3.02%
|
3.62%
|
3.88%
|
Capitalization / Revenue
|
2.95
x
|
2.03
x
|
2.88
x
|
2.11
x
|
1.36
x
|
1.06
x
|
0.85
x
|
0.78
x
|
EV / Revenue
|
2.48
x
|
1.46
x
|
2.43
x
|
1.74
x
|
0.98
x
|
0.67
x
|
0.44
x
|
0.35
x
|
EV / EBITDA
|
16.9
x
|
9.68
x
|
17.9
x
|
13.4
x
|
7.25
x
|
4.93
x
|
3.29
x
|
2.61
x
|
EV / FCF
|
66.3
x
|
8.08
x
|
35.4
x
|
20.2
x
|
-
|
5.25
x
|
3.83
x
|
2.81
x
|
FCF Yield
|
1.51%
|
12.4%
|
2.83%
|
4.96%
|
-
|
19%
|
26.1%
|
35.6%
|
Price to Book
|
10.7
x
|
6.18
x
|
9.06
x
|
7.4
x
|
4.31
x
|
3.13
x
|
2.39
x
|
2.03
x
|
Nbr of stocks (in thousands)
|
3,286,860
|
3,286,860
|
3,286,860
|
3,286,860
|
3,286,860
|
3,283,960
|
-
|
-
|
Reference price
2 |
4.900
|
4.040
|
8.270
|
8.130
|
5.860
|
5.280
|
5.280
|
5.280
|
Announcement Date
|
20/03/20
|
25/03/21
|
24/03/22
|
23/03/23
|
26/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
5,466
|
6,545
|
9,442
|
12,689
|
14,146
|
16,429
|
20,339
|
22,091
|
EBITDA
1 |
803.4
|
988.5
|
1,280
|
1,640
|
1,914
|
2,248
|
2,700
|
2,954
|
EBIT
1 |
762.5
|
938.9
|
1,213
|
1,555
|
1,824
|
2,174
|
2,713
|
2,842
|
Operating Margin
|
13.95%
|
14.34%
|
12.85%
|
12.25%
|
12.89%
|
13.23%
|
13.34%
|
12.86%
|
Earnings before Tax (EBT)
1 |
760.5
|
931.6
|
1,318
|
1,678
|
1,955
|
2,212
|
2,809
|
2,968
|
Net income
1 |
537.8
|
700
|
983.9
|
1,273
|
1,455
|
1,658
|
2,108
|
2,252
|
Net margin
|
9.84%
|
10.7%
|
10.42%
|
10.03%
|
10.29%
|
10.09%
|
10.36%
|
10.2%
|
EPS
2 |
0.1636
|
0.2130
|
0.2993
|
0.3873
|
0.4427
|
0.5044
|
0.6383
|
0.6838
|
Free Cash Flow
1 |
204.5
|
1,185
|
647
|
1,092
|
-
|
2,110
|
2,319
|
2,744
|
FCF margin
|
3.74%
|
18.11%
|
6.85%
|
8.6%
|
-
|
12.84%
|
11.4%
|
12.42%
|
FCF Conversion (EBITDA)
|
25.45%
|
119.92%
|
50.56%
|
66.57%
|
-
|
93.88%
|
85.87%
|
92.9%
|
FCF Conversion (Net income)
|
38.02%
|
169.35%
|
65.76%
|
85.75%
|
-
|
127.24%
|
110%
|
121.86%
|
Dividend per Share
2 |
0.0500
|
0.0640
|
0.0900
|
0.1200
|
-
|
0.1597
|
0.1911
|
0.2050
|
Announcement Date
|
20/03/20
|
25/03/21
|
24/03/22
|
23/03/23
|
26/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
3,065
|
2,850
|
3,695
|
4,296
|
5,146
|
5,814
|
6,875
|
7,163
|
6,382
|
7,113
|
10,669
|
8,619
|
12,928
|
EBITDA
|
395.6
|
383.3
|
-
|
519.4
|
748.9
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
409.3
|
394
|
-
|
489.6
|
723.3
|
655.5
|
899.3
|
942.7
|
802.3
|
940.1
|
1,410
|
1,081
|
1,621
|
Operating Margin
|
13.35%
|
13.82%
|
-
|
11.4%
|
14.06%
|
11.27%
|
13.08%
|
13.16%
|
12.57%
|
13.22%
|
13.22%
|
12.54%
|
12.54%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
289.4
|
280
|
-
|
393.1
|
590.8
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
9.44%
|
9.83%
|
-
|
9.15%
|
11.48%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
-
|
-
|
-
|
-
|
-
|
0.1587
|
0.2286
|
0.2209
|
0.2032
|
0.2170
|
0.3250
|
0.2490
|
0.3680
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
20/03/20
|
20/08/20
|
25/03/21
|
17/08/21
|
24/03/22
|
31/08/22
|
23/03/23
|
21/08/23
|
26/03/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
2,539
|
3,706
|
4,283
|
4,691
|
5,394
|
6,260
|
8,452
|
9,634
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
204
|
1,185
|
647
|
1,092
|
-
|
2,110
|
2,319
|
2,745
|
ROE (net income / shareholders' equity)
|
40.8%
|
38.2%
|
38.2%
|
38.5%
|
36.8%
|
34.1%
|
31.9%
|
28.3%
|
ROA (Net income/ Total Assets)
|
13.7%
|
13.3%
|
13.6%
|
13.8%
|
13.8%
|
14.1%
|
14.1%
|
12.9%
|
Assets
1 |
3,932
|
5,245
|
7,257
|
9,220
|
10,577
|
11,733
|
14,947
|
17,451
|
Book Value Per Share
2 |
0.4600
|
0.6500
|
0.9100
|
1.100
|
1.360
|
1.680
|
2.210
|
2.600
|
Cash Flow per Share
2 |
0.0900
|
0.3700
|
0.2300
|
0.3700
|
-
|
0.5400
|
0.6600
|
0.8600
|
Capex
1 |
36
|
34.7
|
123
|
119
|
-
|
102
|
139
|
218
|
Capex / Sales
|
0.66%
|
0.53%
|
1.3%
|
0.94%
|
-
|
0.62%
|
0.68%
|
0.98%
|
Announcement Date
|
20/03/20
|
25/03/21
|
24/03/22
|
23/03/23
|
26/03/24
|
-
|
-
|
-
|
Last Close Price
5.28
HKD Average target price
7.3
HKD Spread / Average Target +38.26% Consensus |
1st Jan change
|
Capi.
|
---|
| -10.58% | 2.22B | | -7.27% | 26.03B | | +4.87% | 20.69B | | -17.72% | 9.94B | | -27.61% | 9.81B | | +1.20% | 9.08B | | -4.03% | 6.78B | | -9.02% | 5.61B | | +50.74% | 4.92B | | -6.30% | 2.32B |
Other Real Estate Services
|