Financials Wai Chun Group Holdings Limited

Equities

1013

BMG9427H1354

Fishing & Farming

Market Closed - Hong Kong S.E. 09:09:00 03/05/2024 BST 5-day change 1st Jan Change
0.175 HKD 0.00% Intraday chart for Wai Chun Group Holdings Limited +2.94% +2.94%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,027 1,070 663.1 213.9 104.8 68.45
Enterprise Value (EV) 1 1,184 1,217 828.5 323 280.9 292.1
P/E ratio -30 x -37.2 x -23.6 x -11.9 x -0.82 x -1.35 x
Yield - - - - - -
Capitalization / Revenue 9.67 x 5.22 x 4.92 x 1.34 x 0.45 x 0.39 x
EV / Revenue 11.2 x 5.94 x 6.15 x 2.02 x 1.2 x 1.65 x
EV / EBITDA -47.8 x -51 x -59.4 x -14.2 x -9.5 x -16.7 x
EV / FCF -45.6 x 72.7 x 1,826 x -4.84 x -22.3 x -13.1 x
FCF Yield -2.19% 1.38% 0.05% -20.7% -4.49% -7.63%
Price to Book -7.46 x -6.53 x -3.48 x -2 x -0.52 x -0.28 x
Nbr of stocks (in thousands) 267,390 267,390 267,390 267,390 267,390 267,390
Reference price 2 3.840 4.000 2.480 0.8000 0.3920 0.2560
Announcement Date 25/07/18 25/07/19 17/07/20 19/07/21 27/07/22 28/07/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 106.2 204.9 134.8 159.8 233.9 176.8
EBITDA 1 -24.77 -23.84 -13.94 -22.71 -29.56 -17.44
EBIT 1 -25.08 -24.67 -14.85 -23.56 -30.4 -18.29
Operating Margin -23.62% -12.04% -11.02% -14.74% -13% -10.34%
Earnings before Tax (EBT) 1 -39.98 -31.28 -25.67 2.553 -127.4 -51.75
Net income 1 -33.5 -28.77 -28.09 -17.93 -127.1 -50.72
Net margin -31.56% -14.04% -20.85% -11.22% -54.33% -28.69%
EPS 2 -0.1280 -0.1076 -0.1051 -0.0671 -0.4753 -0.1897
Free Cash Flow 1 -25.96 16.74 0.4538 -66.75 -12.61 -22.29
FCF margin -24.46% 8.17% 0.34% -41.76% -5.39% -12.61%
FCF Conversion (EBITDA) - - - - - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 25/07/18 25/07/19 17/07/20 19/07/21 27/07/22 28/07/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 157 147 165 109 176 224
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -6.335 x -6.178 x -11.86 x -4.802 x -5.957 x -12.82 x
Free Cash Flow 1 -26 16.7 0.45 -66.8 -12.6 -22.3
ROE (net income / shareholders' equity) 33.2% 19.9% 14.2% -1.81% 93.1% 24.9%
ROA (Net income/ Total Assets) -10.3% -12.7% -9.31% -12% -12.9% -10.4%
Assets 1 326.4 227.3 301.7 149.4 987.7 487.7
Book Value Per Share 2 -0.5100 -0.6100 -0.7100 -0.4000 -0.7500 -0.9200
Cash Flow per Share 2 0.1400 0.1200 0.0500 0.0700 0.0500 0.0300
Capex 1 3.4 0.01 0.81 0.04 0.01 -
Capex / Sales 3.2% 0% 0.6% 0.02% 0% -
Announcement Date 25/07/18 25/07/19 17/07/20 19/07/21 27/07/22 28/07/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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