Financials Man Shing Global Holdings Limited

Equities

8309

KYG579641013

Business Support Services

Market Closed - Hong Kong S.E. 09:08:04 31/05/2024 BST 5-day change 1st Jan Change
0.057 HKD -.--% Intraday chart for Man Shing Global Holdings Limited -5.00% -12.31%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 222 60 37.8 39 54 49.2
Enterprise Value (EV) 1 226.5 45.77 30.44 -1.919 88.9 45.02
P/E ratio -22 x 27 x 2.69 x 1.36 x 24 x 1.74 x
Yield - - - 23.1% - -
Capitalization / Revenue 0.52 x 0.18 x 0.07 x 0.07 x 0.08 x 0.05 x
EV / Revenue 0.53 x 0.13 x 0.06 x -0 x 0.13 x 0.05 x
EV / EBITDA 25.7 x 6.1 x 1.4 x -0.08 x 7.63 x 1.28 x
EV / FCF -19 x 2.75 x 3.3 x -0.07 x -2.15 x 1.76 x
FCF Yield -5.27% 36.4% 30.3% -1,478% -46.4% 56.9%
Price to Book 3.9 x 1.02 x 0.52 x 0.38 x 0.57 x 0.4 x
Nbr of stocks (in thousands) 600,000 600,000 600,000 600,000 600,000 600,000
Reference price 2 0.3700 0.1000 0.0630 0.0650 0.0900 0.0820
Announcement Date 29/06/18 27/06/19 24/06/20 24/06/21 29/06/22 26/06/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 423.5 342.1 542.3 580.6 664 997
EBITDA 1 8.828 7.497 21.76 23.57 11.65 35.24
EBIT 1 1.111 2.698 19.9 21.8 9.766 33.25
Operating Margin 0.26% 0.79% 3.67% 3.75% 1.47% 3.33%
Earnings before Tax (EBT) 1 -9.613 2.867 18.84 33.02 8.255 32.34
Net income 1 -10.02 2.226 14.06 28.62 2.253 28.26
Net margin -2.37% 0.65% 2.59% 4.93% 0.34% 2.83%
EPS 2 -0.0168 0.003710 0.0234 0.0477 0.003755 0.0471
Free Cash Flow 1 -11.93 16.66 9.211 28.36 -41.28 25.63
FCF margin -2.82% 4.87% 1.7% 4.88% -6.22% 2.57%
FCF Conversion (EBITDA) - 222.23% 42.34% 120.3% - 72.73%
FCF Conversion (Net income) - 748.44% 65.51% 99.1% - 90.7%
Dividend per Share - - - 0.0150 - -
Announcement Date 29/06/18 27/06/19 24/06/20 24/06/21 29/06/22 26/06/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 4.55 - - - 34.9 -
Net Cash position 1 - 14.2 7.36 40.9 - 4.18
Leverage (Debt/EBITDA) 0.5148 x - - - 2.996 x -
Free Cash Flow 1 -11.9 16.7 9.21 28.4 -41.3 25.6
ROE (net income / shareholders' equity) -23.6% 3.85% 21.4% 32.8% 2.3% 26%
ROA (Net income/ Total Assets) 0.54% 1.36% 8.71% 7.45% 2.46% 6.61%
Assets 1 -1,866 163.8 161.5 384.2 91.71 427.4
Book Value Per Share 2 0.0900 0.1000 0.1200 0.1700 0.1600 0.2100
Cash Flow per Share 2 0.0500 0.0600 0.0700 0.1200 0.1200 0.1200
Capex 1 1.12 2.26 1.9 0.49 2.72 15.2
Capex / Sales 0.26% 0.66% 0.35% 0.08% 0.41% 1.52%
Announcement Date 29/06/18 27/06/19 24/06/20 24/06/21 29/06/22 26/06/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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