Market Closed -
Hong Kong S.E.
09:08:20 26/04/2024 BST
|
5-day change
|
1st Jan Change
|
3.17
HKD
|
-0.31%
|
|
-1.55%
|
+10.45%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
14,636
|
13,702
|
46,343
|
36,053
|
32,268
|
36,299
|
-
|
-
|
Enterprise Value (EV)
1 |
91,966
|
103,817
|
150,283
|
144,724
|
191,112
|
197,752
|
227,440
|
243,739
|
P/E ratio
|
11.5
x
|
8.22
x
|
-61.1
x
|
13.2
x
|
11.9
x
|
7.46
x
|
6.09
x
|
4.89
x
|
Yield
|
8.71%
|
9.3%
|
1.17%
|
3.77%
|
5.06%
|
6.53%
|
7.57%
|
9.2%
|
Capitalization / Revenue
|
0.53
x
|
0.48
x
|
1.33
x
|
0.83
x
|
0.73
x
|
0.7
x
|
0.63
x
|
0.56
x
|
EV / Revenue
|
3.31
x
|
3.65
x
|
4.33
x
|
3.31
x
|
4.32
x
|
3.81
x
|
3.97
x
|
3.79
x
|
EV / EBITDA
|
9.18
x
|
9.14
x
|
16.3
x
|
9.48
x
|
10.7
x
|
7.78
x
|
7.65
x
|
6.69
x
|
EV / FCF
|
-9.16
x
|
-9.73
x
|
-9.62
x
|
-12.2
x
|
-13
x
|
-16.9
x
|
-25.3
x
|
-288
x
|
FCF Yield
|
-10.9%
|
-10.3%
|
-10.4%
|
-8.2%
|
-7.72%
|
-5.92%
|
-3.95%
|
-0.35%
|
Price to Book
|
0.48
x
|
0.41
x
|
1.18
x
|
0.46
x
|
0.84
x
|
0.72
x
|
0.67
x
|
0.62
x
|
Nbr of stocks (in thousands)
|
9,806,886
|
9,806,886
|
10,833,386
|
12,370,151
|
12,370,151
|
12,370,151
|
-
|
-
|
Reference price
2 |
1.492
|
1.397
|
4.278
|
2.914
|
2.609
|
2.934
|
2.934
|
2.934
|
Announcement Date
|
26/03/20
|
18/03/21
|
17/03/22
|
23/03/23
|
21/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
27,763
|
28,428
|
34,734
|
43,689
|
44,262
|
51,848
|
57,319
|
64,354
|
EBITDA
1 |
10,014
|
11,356
|
9,226
|
15,265
|
17,796
|
25,426
|
29,730
|
36,434
|
EBIT
1 |
5,196
|
6,034
|
3,133
|
7,604
|
8,715
|
13,471
|
15,568
|
18,888
|
Operating Margin
|
18.71%
|
21.23%
|
9.02%
|
17.41%
|
19.69%
|
25.98%
|
27.16%
|
29.35%
|
Earnings before Tax (EBT)
1 |
2,714
|
3,826
|
533.2
|
3,344
|
5,427
|
9,342
|
11,082
|
13,344
|
Net income
1 |
1,284
|
1,708
|
-515.7
|
2,648
|
3,084
|
5,255
|
6,438
|
7,463
|
Net margin
|
4.63%
|
6.01%
|
-1.48%
|
6.06%
|
6.97%
|
10.14%
|
11.23%
|
11.6%
|
EPS
2 |
0.1300
|
0.1700
|
-0.0700
|
0.2200
|
0.2200
|
0.3934
|
0.4821
|
0.6002
|
Free Cash Flow
1 |
-10,043
|
-10,666
|
-15,617
|
-11,870
|
-14,745
|
-11,714
|
-8,976
|
-847.5
|
FCF margin
|
-36.17%
|
-37.52%
|
-44.96%
|
-27.17%
|
-33.31%
|
-22.59%
|
-15.66%
|
-1.32%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.1300
|
0.1300
|
0.0500
|
0.1100
|
0.1320
|
0.1915
|
0.2222
|
0.2698
|
Announcement Date
|
26/03/20
|
18/03/21
|
17/03/22
|
23/03/23
|
21/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2021 S1
|
2022 S1
|
---|
Net sales
1 |
-
|
-
|
20,305
|
EBITDA
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
4,017
|
Operating Margin
|
-
|
-
|
19.78%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
1,891
|
Net income
1 |
307.6
|
1,372
|
849.9
|
Net margin
|
-
|
-
|
4.19%
|
EPS
|
-
|
0.1300
|
-
|
Dividend per Share
|
-
|
-
|
-
|
Announcement Date
|
26/03/20
|
10/09/21
|
25/08/22
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
77,330
|
90,116
|
103,941
|
108,672
|
158,843
|
161,453
|
191,141
|
207,440
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
7.723
x
|
7.936
x
|
11.27
x
|
7.119
x
|
8.926
x
|
6.35
x
|
6.429
x
|
5.694
x
|
Free Cash Flow
1 |
-10,043
|
-10,666
|
-15,617
|
-11,870
|
-14,745
|
-11,714
|
-8,976
|
-848
|
ROE (net income / shareholders' equity)
|
4.26%
|
5.36%
|
-1.49%
|
4.38%
|
6.13%
|
9.99%
|
11.5%
|
13.3%
|
ROA (Net income/ Total Assets)
|
0.97%
|
1.15%
|
-0.31%
|
1.37%
|
1.19%
|
1.99%
|
2.18%
|
2.35%
|
Assets
1 |
132,629
|
148,119
|
165,350
|
193,325
|
258,612
|
264,238
|
294,852
|
317,387
|
Book Value Per Share
2 |
3.090
|
3.410
|
3.630
|
6.330
|
3.110
|
4.070
|
4.350
|
4.730
|
Cash Flow per Share
2 |
0.5300
|
0.5600
|
0.1400
|
0.5100
|
0.8000
|
1.290
|
1.340
|
1.470
|
Capex
1 |
15,201
|
16,168
|
16,960
|
17,596
|
24,648
|
28,854
|
28,100
|
26,032
|
Capex / Sales
|
54.75%
|
56.87%
|
48.83%
|
40.27%
|
55.69%
|
55.65%
|
49.02%
|
40.45%
|
Announcement Date
|
26/03/20
|
18/03/21
|
17/03/22
|
23/03/23
|
21/03/24
|
-
|
-
|
-
|
Last Close Price
2.934
CNY Average target price
3.479
CNY Spread / Average Target +18.57% Consensus |
1st Jan change
|
Capi.
|
---|
| +10.45% | 5.01B | | +18.73% | 14.47B | | +11.94% | 4.74B | | -5.73% | 3.96B | | +6.86% | 3.51B | | -1.83% | 2.26B | | -24.39% | 2.04B | | +36.53% | 1.71B | | +24.38% | 1.65B | | +16.43% | 1.54B |
Fossil Fuel Electric Utilities
|