Financials Top Standard Corporation

Equities

8510

KYG894351124

Restaurants & Bars

Delayed Hong Kong S.E. 09:08:22 29/04/2024 BST 5-day change 1st Jan Change
0.122 HKD -4.69% Intraday chart for Top Standard Corporation -3.17% -35.79%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022
Capitalization 1 103.2 166.4 117.5 85.71 62.21
Enterprise Value (EV) 1 73.01 195.8 123.4 89.27 68.48
P/E ratio -3.69 x -4.42 x 5.01 x -24.6 x -8.29 x
Yield - - - - -
Capitalization / Revenue 0.89 x 1.29 x 3.96 x 12.5 x 4.6 x
EV / Revenue 0.63 x 1.51 x 4.16 x 13 x 5.06 x
EV / EBITDA 20.4 x -8.21 x -23.3 x -24.6 x -11.9 x
EV / FCF 5.56 x -4.14 x 6.46 x -8.89 x 20.2 x
FCF Yield 18% -24.2% 15.5% -11.3% 4.94%
Price to Book 2.07 x 14 x -7.14 x -12.4 x -4.33 x
Nbr of stocks (in thousands) 80,000 80,000 115,200 138,240 138,240
Reference price 2 1.290 2.080 1.020 0.6200 0.4500
Announcement Date 29/06/18 28/06/19 30/03/21 31/03/22 31/03/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 79.95 116.2 129.4 29.68 6.847 13.54
EBITDA 1 13.66 3.583 -23.84 -5.293 -3.624 -5.763
EBIT 1 10.67 -2.104 -32.93 -5.296 -3.653 -6.735
Operating Margin 13.35% -1.81% -25.45% -17.85% -53.35% -49.75%
Earnings before Tax (EBT) 1 10.46 -20.72 -37.4 -4.549 -12.06 -8.783
Net income 1 7.406 -21.89 -37.65 19.03 -3.029 -7.505
Net margin 9.26% -18.84% -29.1% 64.13% -44.24% -55.44%
EPS 2 0.1495 -0.3499 -0.4707 0.2034 -0.0252 -0.0543
Free Cash Flow 1 -2.314 13.14 -47.35 19.08 -10.04 3.384
FCF margin -2.89% 11.31% -36.59% 64.3% -146.69% 25%
FCF Conversion (EBITDA) - 366.6% - - - -
FCF Conversion (Net income) - - - 100.27% - -
Dividend per Share - - - - - -
Announcement Date 30/01/18 29/06/18 28/06/19 30/03/21 31/03/22 31/03/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 17.7 - 29.4 5.86 3.56 6.28
Net Cash position 1 - 30.2 - - - -
Leverage (Debt/EBITDA) 1.299 x - -1.233 x -1.107 x -0.9829 x -1.089 x
Free Cash Flow 1 -2.31 13.1 -47.3 19.1 -10 3.38
ROE (net income / shareholders' equity) 94.7% -71.4% -122% 358% 103% 77.2%
ROA (Net income/ Total Assets) 22.6% -2.03% -26.7% -53.7% -15.5% -31.4%
Assets 1 32.83 1,077 141 -35.43 19.51 23.91
Book Value Per Share 2 0.1900 0.6200 0.1500 -0.1400 -0.0500 -0.1000
Cash Flow per Share 2 0.0200 0.6500 0.0200 0.0800 0.0200 0.0100
Capex 1 0.53 13.8 27.7 1.4 0.12 5.77
Capex / Sales 0.67% 11.83% 21.4% 4.71% 1.69% 42.59%
Announcement Date 30/01/18 29/06/18 28/06/19 30/03/21 31/03/22 31/03/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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