Financials Richly Field China Development Limited

Equities

313

BMG7568A1099

Real Estate Development & Operations

End-of-day quote Hong Kong S.E. 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
0.01 HKD 0.00% Intraday chart for Richly Field China Development Limited 0.00% 0.00%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,984 1,260 233.4 280 256.7 280
Enterprise Value (EV) 1 4,572 3,531 2,423 2,611 729.6 843.4
P/E ratio -3.05 x -4.7 x -0.79 x -0.67 x -0.64 x 0.2 x
Yield - - - - - -
Capitalization / Revenue 10.2 x 4.43 x 1.28 x 6.8 x 0.4 x 5.42 x
EV / Revenue 23.4 x 12.4 x 13.3 x 63.4 x 1.14 x 16.3 x
EV / EBITDA -90.7 x -41.6 x -38 x -32.6 x -13.1 x -19.7 x
EV / FCF -3.97 x 7.09 x 92.4 x 15 x 0.58 x -0.53 x
FCF Yield -25.2% 14.1% 1.08% 6.69% 171% -187%
Price to Book 2.92 x 3.27 x 3 x -0.73 x -0.3 x 0.59 x
Nbr of stocks (in thousands) 23,336,687 23,336,687 23,336,687 23,336,687 23,336,687 23,336,687
Reference price 2 0.0850 0.0540 0.0100 0.0120 0.0110 0.0120
Announcement Date 26/07/18 29/07/19 31/07/20 29/07/21 14/08/22 28/07/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 195.3 284.2 181.7 41.17 637.6 51.71
EBITDA 1 -50.4 -84.92 -63.74 -80.18 -55.75 -42.85
EBIT 1 -53.28 -88.34 -67.02 -84.95 -57.95 -43.44
Operating Margin -27.28% -31.09% -36.88% -206.36% -9.09% -84.02%
Earnings before Tax (EBT) 1 -381.8 -260.9 -324.7 -432.7 -406.6 1,421
Net income 1 -391.6 -268.3 -294.9 -415.7 -398.9 1,422
Net margin -200.49% -94.41% -162.29% -1,009.72% -62.56% 2,749.7%
EPS 2 -0.0279 -0.0115 -0.0126 -0.0178 -0.0171 0.0609
Free Cash Flow 1 -1,152 498 26.22 174.6 1,249 -1,580
FCF margin -589.98% 175.25% 14.43% 424.09% 195.93% -3,055.03%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 26/07/18 29/07/19 31/07/20 29/07/21 14/08/22 28/07/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 2,588 2,270 2,190 2,331 473 563
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -51.35 x -26.74 x -34.36 x -29.07 x -8.482 x -13.15 x
Free Cash Flow 1 -1,152 498 26.2 175 1,249 -1,580
ROE (net income / shareholders' equity) -131% -50.4% -127% 271% 64.5% -755%
ROA (Net income/ Total Assets) -0.79% -1.15% -0.91% -1.07% -0.69% -0.74%
Assets 1 49,286 23,302 32,412 38,987 57,868 -193,051
Book Value Per Share 2 0.0300 0.0200 0 -0.0200 -0.0400 0.0200
Cash Flow per Share 2 0 0 0 0 0 0
Capex 1 0.25 1.76 1.56 1.5 0.4 0.38
Capex / Sales 0.13% 0.62% 0.86% 3.63% 0.06% 0.74%
Announcement Date 26/07/18 29/07/19 31/07/20 29/07/21 14/08/22 28/07/23
1HKD in Million2HKD
Estimates
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