Financials Winfair Investment Company Limited

Equities

287

HK0287001470

Real Estate Development & Operations

Delayed Hong Kong S.E. 09:08:09 16/05/2024 BST 5-day change 1st Jan Change
3.95 HKD 0.00% Intraday chart for Winfair Investment Company Limited 0.00% -31.30%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 520 525.6 380.4 352 324 280
Enterprise Value (EV) 1 10.84 -52.37 315.7 174 148.7 103.6
P/E ratio 1.44 x 3.17 x -4.26 x -95.9 x 24 x -7.73 x
Yield 1.08% 1.07% 1.47% 1.59% 1.73% 2%
Capitalization / Revenue 18.4 x 19.5 x 17.3 x 23.9 x -77.4 x 20.8 x
EV / Revenue 0.38 x -1.95 x 14.3 x 11.8 x -35.5 x 7.71 x
EV / EBITDA 0.48 x -2.51 x 21 x 20.9 x -13.5 x 14.7 x
EV / FCF 0.86 x -4.41 x -3.36 x 1.55 x -15.6 x 27.4 x
FCF Yield 116% -22.7% -29.7% 64.5% -6.42% 3.65%
Price to Book 0.45 x 0.4 x 0.32 x 0.3 x 0.27 x 0.24 x
Nbr of stocks (in thousands) 40,000 40,000 40,000 40,000 40,000 40,000
Reference price 2 13.00 13.14 9.510 8.800 8.100 7.000
Announcement Date 23/07/18 25/07/19 23/07/20 20/07/21 26/07/22 20/07/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 28.3 26.9 22.02 14.76 -4.187 13.43
EBITDA 1 22.44 20.86 15.07 8.321 -11.05 7.038
EBIT 1 22.36 20.78 15.06 8.313 -11.05 7.027
Operating Margin 79.02% 77.27% 68.39% 56.34% 263.99% 52.33%
Earnings before Tax (EBT) 1 363.6 167.5 -87.85 -2.347 14.78 -34.95
Net income 1 361.2 165.6 -89.31 -3.671 13.48 -36.23
Net margin 1,276.32% 615.82% -405.66% -24.88% -322.06% -269.75%
EPS 2 9.030 4.141 -2.233 -0.0918 0.3371 -0.9057
Free Cash Flow 1 12.54 11.89 -93.85 112.3 -9.552 3.784
FCF margin 44.3% 44.19% -426.28% 761.07% 228.15% 28.17%
FCF Conversion (EBITDA) 55.86% 56.97% - 1,349.65% - 53.76%
FCF Conversion (Net income) 3.47% 7.18% - - - -
Dividend per Share 2 0.1400 0.1400 0.1400 0.1400 0.1400 0.1400
Announcement Date 23/07/18 25/07/19 23/07/20 20/07/21 26/07/22 20/07/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 509 578 64.7 178 175 176
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 12.5 11.9 -93.9 112 -9.55 3.78
ROE (net income / shareholders' equity) 36.5% 13.3% -7.11% -0.31% 1.13% -3.1%
ROA (Net income/ Total Assets) 1.37% 1.02% 0.73% 0.43% -0.57% 0.37%
Assets 1 26,368 16,223 -12,174 -860.9 -2,375 -9,823
Book Value Per Share 2 29.20 33.00 29.80 29.80 29.80 28.60
Cash Flow per Share 2 11.60 13.00 0.7000 2.710 3.020 3.360
Capex - - - - - 0.06
Capex / Sales - - - - - 0.45%
Announcement Date 23/07/18 25/07/19 23/07/20 20/07/21 26/07/22 20/07/23
1HKD in Million2HKD
Estimates
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