Financials Swang Chai Chuan Limited

Equities

2321

KYG8601A1067

Food Retail & Distribution

Market Closed - Hong Kong S.E. 09:08:17 17/05/2024 BST 5-day change 1st Jan Change
0.39 HKD -1.27% Intraday chart for Swang Chai Chuan Limited +2.63% 0.00%

Valuation

Fiscal Period: December 2022 2023
Capitalization 1 262 229
Enterprise Value (EV) 1 268.2 223.5
P/E ratio 8.05 x 8.45 x
Yield - -
Capitalization / Revenue 0.31 x 0.25 x
EV / Revenue 0.32 x 0.24 x
EV / EBITDA 5.6 x 6.13 x
EV / FCF -9,773,088 x 10,652,722 x
FCF Yield -0% 0%
Price to Book 1.23 x 1.01 x
Nbr of stocks (in thousands) 1,000,150 1,000,150
Reference price 2 0.2620 0.2290
Announcement Date 27/04/23 29/04/24
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023
Net sales 1 497.4 564.6 668.7 835.9 931.9
EBITDA 1 25.25 31.33 40.5 47.85 36.46
EBIT 1 22.96 29.06 37.81 44.77 32.54
Operating Margin 4.62% 5.15% 5.65% 5.36% 3.49%
Earnings before Tax (EBT) 1 22.95 27.11 32.76 39.54 36.74
Net income 1 17.66 18.8 23.59 26.79 27.12
Net margin 3.55% 3.33% 3.53% 3.2% 2.91%
EPS - - - 0.0325 0.0271
Free Cash Flow - 27.84 -14.07 -27.44 20.98
FCF margin - 4.93% -2.1% -3.28% 2.25%
FCF Conversion (EBITDA) - 88.87% - - 57.55%
FCF Conversion (Net income) - 148.13% - - 77.38%
Dividend per Share - - - - -
Announcement Date 07/08/22 07/08/22 07/08/22 27/04/23 29/04/24
1MYR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023
Net Debt 1 42.8 27.7 42.5 6.16 -
Net Cash position 1 - - - - 5.5
Leverage (Debt/EBITDA) 1.697 x 0.8844 x 1.05 x 0.1287 x -
Free Cash Flow - 27.8 -14.1 -27.4 21
ROE (net income / shareholders' equity) - 21.3% 24% 16.6% 12.3%
ROA (Net income/ Total Assets) - 9.29% 11.4% 9.61% 5.66%
Assets 1 - 202.4 206.7 278.7 478.7
Book Value Per Share - - - 0.2100 0.2300
Cash Flow per Share - - - 0.0200 0.0500
Capex 1 8.17 4.64 5.13 8.38 6.53
Capex / Sales 1.64% 0.82% 0.77% 1% 0.7%
Announcement Date 07/08/22 07/08/22 07/08/22 27/04/23 29/04/24
1MYR in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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