Financials Chinney Kin Wing Holdings Limited

Equities

1556

BMG2118K1036

Construction & Engineering

Market Closed - Hong Kong S.E. 09:08:10 26/06/2024 BST 5-day change 1st Jan Change
0.26 HKD 0.00% Intraday chart for Chinney Kin Wing Holdings Limited +4.84% +28.71%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 375 352.5 280.5 307.5 285 303
Enterprise Value (EV) 1 163.6 283.8 178.4 86.19 -209.5 -297.1
P/E ratio 6.51 x 6.12 x 3.63 x 4.61 x 2.97 x 2.52 x
Yield 8% 6.38% 8.02% 7.32% 10.5% 9.9%
Capitalization / Revenue 0.3 x 0.27 x 0.18 x 0.15 x 0.16 x 0.14 x
EV / Revenue 0.13 x 0.22 x 0.11 x 0.04 x -0.12 x -0.14 x
EV / EBITDA 1.25 x 2.38 x 1.61 x 0.6 x -1.28 x -1.55 x
EV / FCF -2.56 x -2.36 x 1.53 x 0.54 x -0.69 x -2.77 x
FCF Yield -39% -42.3% 65.5% 185% -145% -36.1%
Price to Book 0.88 x 0.78 x 0.55 x 0.54 x 0.44 x 0.41 x
Nbr of stocks (in thousands) 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000 1,500,000
Reference price 2 0.2500 0.2350 0.1870 0.2050 0.1900 0.2020
Announcement Date 25/04/19 27/04/20 28/04/21 27/04/22 26/04/23 26/04/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 1,243 1,304 1,553 2,042 1,806 2,122
EBITDA 1 130.8 119.4 111 144.8 163.1 192.2
EBIT 1 67.8 65.97 51.49 84.73 100.2 125.7
Operating Margin 5.45% 5.06% 3.31% 4.15% 5.55% 5.92%
Earnings before Tax (EBT) 1 69.97 68.27 85 81.76 116.2 142.5
Net income 1 57.64 57.57 77.18 66.69 96.02 120.5
Net margin 4.64% 4.42% 4.97% 3.27% 5.32% 5.68%
EPS 2 0.0384 0.0384 0.0515 0.0445 0.0640 0.0803
Free Cash Flow 1 -63.79 -120 116.8 159.6 303.8 107.3
FCF margin -5.13% -9.21% 7.52% 7.81% 16.83% 5.05%
FCF Conversion (EBITDA) - - 105.29% 110.19% 186.32% 55.82%
FCF Conversion (Net income) - - 151.39% 239.32% 316.43% 89.05%
Dividend per Share 2 0.0200 0.0150 0.0150 0.0150 0.0200 0.0200
Announcement Date 25/04/19 27/04/20 28/04/21 27/04/22 26/04/23 26/04/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 211 68.7 102 221 494 600
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -63.8 -120 117 160 304 107
ROE (net income / shareholders' equity) 13.6% 13.1% 16.1% 12.3% 15.7% 17.4%
ROA (Net income/ Total Assets) 4.33% 4.48% 3.15% 4.49% 4.57% 4.79%
Assets 1 1,330 1,284 2,452 1,487 2,100 2,517
Book Value Per Share 2 0.2800 0.3000 0.3400 0.3800 0.4400 0.4900
Cash Flow per Share 2 0.1300 0.0400 0.0500 0.1200 0.3100 0.3800
Capex 1 30.6 44.9 57.9 78.3 64 95
Capex / Sales 2.46% 3.44% 3.73% 3.83% 3.54% 4.48%
Announcement Date 25/04/19 27/04/20 28/04/21 27/04/22 26/04/23 26/04/24
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. 1556 Stock
  4. Financials Chinney Kin Wing Holdings Limited