Financials World-Link Logistics (Asia) Holding Limited

Equities

6083

KYG9774T1040

Ground Freight & Logistics

Market Closed - Hong Kong S.E. 09:08:42 28/06/2024 BST 5-day change 1st Jan Change
0.27 HKD 0.00% Intraday chart for World-Link Logistics (Asia) Holding Limited -3.57% 0.00%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 388.8 301.4 201.7 193.2 188.2 135.5
Enterprise Value (EV) 1 342.3 319.8 173.6 240.1 196.5 123.6
P/E ratio 35.8 x 13.4 x 9.88 x 12.7 x 9.19 x 6.77 x
Yield 1.23% 1.64% 2.47% 7.79% 5.33% 7.41%
Capitalization / Revenue 2.5 x 1.52 x 0.94 x 0.57 x 0.57 x 0.41 x
EV / Revenue 2.21 x 1.62 x 0.81 x 0.71 x 0.6 x 0.37 x
EV / EBITDA 19.5 x 9.69 x 8.18 x 9.77 x 7.39 x 4.47 x
EV / FCF 19.3 x 8.62 x 3.53 x 5.37 x 2.79 x 4.27 x
FCF Yield 5.18% 11.6% 28.3% 18.6% 35.9% 23.4%
Price to Book 4.21 x 2.76 x 1.76 x 1.66 x 1.76 x 1.21 x
Nbr of stocks (in thousands) 480,000 494,067 498,067 501,843 501,843 501,843
Reference price 2 0.8100 0.6100 0.4050 0.3850 0.3750 0.2700
Announcement Date 29/04/19 24/04/20 21/04/21 22/04/22 27/04/23 26/04/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 155.2 197.7 213.6 338.4 327.7 331.6
EBITDA 1 17.53 33.01 21.22 24.59 26.61 27.65
EBIT 1 13.63 27.57 14.63 19.82 22.5 24.35
Operating Margin 8.78% 13.94% 6.85% 5.86% 6.87% 7.34%
Earnings before Tax (EBT) 1 14.14 26.27 23.54 18.14 24.84 23.98
Net income 1 11.11 22.52 20.58 15.25 20.49 20.02
Net margin 7.16% 11.39% 9.63% 4.51% 6.25% 6.04%
EPS 2 0.0226 0.0454 0.0410 0.0304 0.0408 0.0399
Free Cash Flow 1 17.73 37.12 49.15 44.74 70.45 28.95
FCF margin 11.42% 18.77% 23.01% 13.22% 21.5% 8.73%
FCF Conversion (EBITDA) 101.14% 112.44% 231.64% 181.96% 264.77% 104.73%
FCF Conversion (Net income) 159.62% 164.86% 238.87% 293.39% 343.91% 144.59%
Dividend per Share 2 0.0100 0.0100 0.0100 0.0300 0.0200 0.0200
Announcement Date 29/04/19 24/04/20 21/04/21 22/04/22 27/04/23 26/04/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - 18.5 - 46.9 8.32 -
Net Cash position 1 46.5 - 28.1 - - 11.9
Leverage (Debt/EBITDA) - 0.5594 x - 1.908 x 0.3128 x -
Free Cash Flow 1 17.7 37.1 49.2 44.7 70.5 29
ROE (net income / shareholders' equity) 11% 22.4% 18.7% 13.7% 18.9% 18%
ROA (Net income/ Total Assets) 7.4% 10.9% 4.74% 5.85% 6.15% 5.95%
Assets 1 150.1 206.5 434.3 260.6 333 336.4
Book Value Per Share 2 0.1900 0.2200 0.2300 0.2300 0.2100 0.2200
Cash Flow per Share 2 0.0700 0.1000 0.1200 0.0800 0.1100 0.0800
Capex 1 2.82 7.45 3.72 6.23 1.46 2.71
Capex / Sales 1.81% 3.77% 1.74% 1.84% 0.44% 0.82%
Announcement Date 29/04/19 24/04/20 21/04/21 22/04/22 27/04/23 26/04/24
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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