Delayed
Hong Kong S.E.
03:00:11 29/04/2024 BST
|
5-day change
|
1st Jan Change
|
8.58
HKD
|
+1.78%
|
|
+4.76%
|
-4.45%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
6,564
|
5,961
|
7,384
|
7,005
|
6,083
|
5,711
|
-
|
-
|
Enterprise Value (EV)
1 |
8,227
|
6,210
|
9,928
|
11,413
|
10,612
|
8,636
|
7,723
|
9,666
|
P/E ratio
|
10.2
x
|
10.9
x
|
11.5
x
|
15.5
x
|
6.01
x
|
4.7
x
|
4.11
x
|
3.68
x
|
Yield
|
4.02%
|
5.34%
|
3.85%
|
2.9%
|
6.68%
|
8.55%
|
9.75%
|
5.43%
|
Capitalization / Revenue
|
0.37
x
|
0.4
x
|
0.34
x
|
0.34
x
|
0.24
x
|
0.21
x
|
0.19
x
|
0.16
x
|
EV / Revenue
|
0.46
x
|
0.41
x
|
0.45
x
|
0.56
x
|
0.42
x
|
0.31
x
|
0.25
x
|
0.28
x
|
EV / EBITDA
|
5.33
x
|
4.97
x
|
5.52
x
|
7.24
x
|
6.15
x
|
3.87
x
|
3.15
x
|
4.03
x
|
EV / FCF
|
32
x
|
4.44
x
|
-8.68
x
|
-
|
-
|
13.2
x
|
7.9
x
|
65.3
x
|
FCF Yield
|
3.12%
|
22.5%
|
-11.5%
|
-
|
-
|
7.58%
|
12.7%
|
1.53%
|
Price to Book
|
0.62
x
|
0.5
x
|
0.58
x
|
0.59
x
|
0.5
x
|
0.44
x
|
0.41
x
|
0.39
x
|
Nbr of stocks (in thousands)
|
677,434
|
677,434
|
677,434
|
677,434
|
677,434
|
677,434
|
-
|
-
|
Reference price
2 |
9.690
|
8.800
|
10.90
|
10.34
|
8.980
|
8.430
|
8.430
|
8.430
|
Announcement Date
|
26/03/20
|
25/03/21
|
22/03/22
|
23/03/23
|
22/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
17,736
|
15,032
|
21,988
|
20,557
|
25,013
|
27,730
|
30,543
|
34,801
|
EBITDA
1 |
1,542
|
1,248
|
1,799
|
1,577
|
1,725
|
2,233
|
2,452
|
2,400
|
EBIT
1 |
1,307
|
970.4
|
985
|
706.7
|
1,378
|
1,656
|
1,873
|
2,042
|
Operating Margin
|
7.37%
|
6.46%
|
4.48%
|
3.44%
|
5.51%
|
5.97%
|
6.13%
|
5.87%
|
Earnings before Tax (EBT)
1 |
883.3
|
920.9
|
1,006
|
592.8
|
1,357
|
1,569
|
1,793
|
1,988
|
Net income
1 |
643.5
|
544.5
|
643.3
|
452.3
|
1,013
|
1,215
|
1,388
|
1,551
|
Net margin
|
3.63%
|
3.62%
|
2.93%
|
2.2%
|
4.05%
|
4.38%
|
4.55%
|
4.46%
|
EPS
2 |
0.9500
|
0.8040
|
0.9500
|
0.6680
|
1.495
|
1.795
|
2.050
|
2.289
|
Free Cash Flow
1 |
256.8
|
1,400
|
-1,143
|
-
|
-
|
655
|
978
|
148
|
FCF margin
|
1.45%
|
9.31%
|
-5.2%
|
-
|
-
|
2.36%
|
3.2%
|
0.43%
|
FCF Conversion (EBITDA)
|
16.65%
|
112.17%
|
-
|
-
|
-
|
29.33%
|
39.89%
|
6.17%
|
FCF Conversion (Net income)
|
39.9%
|
257.15%
|
-
|
-
|
-
|
53.89%
|
70.44%
|
9.54%
|
Dividend per Share
2 |
0.3900
|
0.4700
|
0.4200
|
0.3000
|
0.6000
|
0.7208
|
0.8221
|
0.4578
|
Announcement Date
|
26/03/20
|
25/03/21
|
22/03/22
|
23/03/23
|
22/03/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
1,662
|
248
|
2,544
|
4,408
|
4,529
|
2,925
|
2,012
|
3,955
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.078
x
|
0.1989
x
|
1.414
x
|
2.795
x
|
2.626
x
|
1.31
x
|
0.8206
x
|
1.648
x
|
Free Cash Flow
1 |
257
|
1,400
|
-1,143
|
-
|
-
|
655
|
978
|
148
|
ROE (net income / shareholders' equity)
|
6.11%
|
4.81%
|
5.19%
|
3.67%
|
8.41%
|
9.68%
|
10.4%
|
10.9%
|
ROA (Net income/ Total Assets)
|
4.28%
|
3.29%
|
3.69%
|
2.46%
|
5.36%
|
6.19%
|
6.77%
|
7.31%
|
Assets
1 |
15,036
|
16,531
|
17,456
|
18,370
|
18,904
|
19,643
|
20,518
|
21,207
|
Book Value Per Share
2 |
15.70
|
17.70
|
18.80
|
17.60
|
18.00
|
19.10
|
20.40
|
21.70
|
Cash Flow per Share
2 |
3.880
|
2.410
|
2.700
|
2.500
|
-
|
2.450
|
2.840
|
-
|
Capex
1 |
415
|
244
|
418
|
395
|
-
|
522
|
504
|
359
|
Capex / Sales
|
2.34%
|
1.63%
|
1.9%
|
1.92%
|
-
|
1.88%
|
1.65%
|
1.03%
|
Announcement Date
|
26/03/20
|
25/03/21
|
22/03/22
|
23/03/23
|
22/03/24
|
-
|
-
|
-
|
Last Close Price
8.43
HKD Average target price
11.77
HKD Spread / Average Target +39.62% Consensus |
1st Jan change
|
Capi.
|
---|
| -4.45% | 730M | | -2.49% | 38.16B | | -4.65% | 13.93B | | +17.87% | 12.8B | | +11.43% | 4.19B | | +7.50% | 2.46B | | +6.65% | 2.43B | | -6.25% | 1.5B | | -20.28% | 1.3B | | -13.01% | 1.13B |
Jewelry
|