Financials Hing Yip Holdings Limited

Equities

132

BMG210751092

Corporate Financial Services

Market Closed - Hong Kong S.E. 09:08:07 09/05/2024 BST 5-day change 1st Jan Change
0.118 HKD 0.00% Intraday chart for Hing Yip Holdings Limited -11.28% -12.59%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 719.2 422.9 993.2 667.8 607.9 231.2
Enterprise Value (EV) 1 1,514 2,642 3,902 5,591 5,906 4,954
P/E ratio 17 x 6.16 x -11.8 x -42.9 x -28.2 x 8.6 x
Yield - - - - - -
Capitalization / Revenue 9.04 x 2.63 x 3.38 x 1.28 x 0.79 x 0.28 x
EV / Revenue 19 x 16.4 x 13.3 x 10.7 x 7.69 x 6.03 x
EV / EBITDA 24.4 x 66.1 x 50.8 x 40.6 x 29.3 x 33.9 x
EV / FCF -6.28 x -4.42 x -86.5 x -4.69 x -44.1 x -3.5 x
FCF Yield -15.9% -22.6% -1.16% -21.3% -2.27% -28.6%
Price to Book 0.72 x 0.38 x 0.87 x 0.56 x 0.6 x 0.24 x
Nbr of stocks (in thousands) 1,712,329 1,712,329 1,712,329 1,712,329 1,712,329 1,712,329
Reference price 2 0.4200 0.2470 0.5800 0.3900 0.3550 0.1350
Announcement Date 15/04/19 15/05/20 29/04/21 28/04/22 27/04/23 24/04/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 79.55 161.1 293.6 520.8 767.6 821.4
EBITDA 1 62.16 39.98 76.81 137.9 201.3 146
EBIT 1 47.67 23.97 55.02 100.9 156.2 101.8
Operating Margin 59.92% 14.88% 18.74% 19.36% 20.35% 12.39%
Earnings before Tax (EBT) 1 87.93 114 -26.17 27.26 84.44 13.75
Net income 1 42.38 68.61 -83.87 -15.5 -21.54 26.93
Net margin 53.28% 42.59% -28.57% -2.98% -2.81% 3.28%
EPS 2 0.0248 0.0401 -0.0490 -0.009094 -0.0126 0.0157
Free Cash Flow 1 -240.9 -597.4 -45.1 -1,192 -133.9 -1,416
FCF margin -302.78% -370.8% -15.36% -228.81% -17.44% -172.36%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 15/04/19 15/05/20 29/04/21 28/04/22 27/04/23 24/04/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 795 2,219 2,909 4,923 5,298 4,723
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 12.78 x 55.52 x 37.87 x 35.71 x 26.32 x 32.35 x
Free Cash Flow 1 -241 -597 -45.1 -1,192 -134 -1,416
ROE (net income / shareholders' equity) 4.45% 5.26% -3.55% 0.52% 2% -1.1%
ROA (Net income/ Total Assets) 1.04% 0.35% 0.61% 0.88% 1.12% 0.68%
Assets 1 4,082 19,710 -13,725 -1,771 -1,915 3,985
Book Value Per Share 2 0.5800 0.6500 0.6700 0.6900 0.5900 0.5700
Cash Flow per Share 2 0.7100 0.6000 0.4700 0.3100 0.5800 0.3500
Capex 1 12.7 130 450 602 278 235
Capex / Sales 15.91% 80.43% 153.19% 115.49% 36.17% 28.6%
Announcement Date 15/04/19 15/05/20 29/04/21 28/04/22 27/04/23 24/04/24
1HKD in Million2HKD
Estimates
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