Market Closed -
Hong Kong S.E.
04:09:05 2024-06-07 am EDT
|
5-day change
|
1st Jan Change
|
74.95
HKD
|
+0.47%
|
|
-0.20%
|
+15.66%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,198,542
|
761,710
|
780,795
|
996,114
|
1,296,619
|
1,518,213
|
-
|
-
|
Enterprise Value (EV)
1 |
914,478
|
438,599
|
562,911
|
859,927
|
1,153,022
|
1,318,243
|
1,252,929
|
1,206,308
|
P/E ratio
|
11.3
x
|
7.06
x
|
6.73
x
|
7.77
x
|
9.58
x
|
10.6
x
|
9.92
x
|
9.47
x
|
Yield
|
5.08%
|
8.84%
|
8.65%
|
-
|
8.2%
|
6.78%
|
7.45%
|
7.97%
|
Capitalization / Revenue
|
1.61
x
|
0.99
x
|
0.92
x
|
1.06
x
|
1.28
x
|
1.42
x
|
1.35
x
|
1.3
x
|
EV / Revenue
|
1.23
x
|
0.57
x
|
0.66
x
|
0.92
x
|
1.14
x
|
1.23
x
|
1.12
x
|
1.03
x
|
EV / EBITDA
|
3.09
x
|
1.54
x
|
1.81
x
|
2.61
x
|
3.07
x
|
3.78
x
|
3.48
x
|
3.25
x
|
EV / FCF
|
11.2
x
|
3.45
x
|
4.29
x
|
8.88
x
|
9.41
x
|
10.7
x
|
8.08
x
|
7.47
x
|
FCF Yield
|
8.93%
|
29%
|
23.3%
|
11.3%
|
10.6%
|
9.34%
|
12.4%
|
13.4%
|
Price to Book
|
1.09
x
|
0.66
x
|
0.65
x
|
-
|
0.94
x
|
1.07
x
|
1.04
x
|
1.01
x
|
Nbr of stocks (in thousands)
|
20,475,483
|
20,475,483
|
20,475,483
|
21,362,827
|
21,390,880
|
21,427,609
|
-
|
-
|
Reference price
2 |
58.54
|
37.20
|
38.13
|
45.70
|
58.90
|
69.53
|
69.53
|
69.53
|
Announcement Date
|
3/19/20
|
3/25/21
|
3/23/22
|
3/23/23
|
3/21/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
745,917
|
768,070
|
848,258
|
937,259
|
1,009,309
|
1,070,751
|
1,121,207
|
1,172,357
|
EBITDA
1 |
295,967
|
285,135
|
311,008
|
329,176
|
375,249
|
348,555
|
359,806
|
371,293
|
EBIT
1 |
113,149
|
112,734
|
151,994
|
161,306
|
168,117
|
157,553
|
166,078
|
174,776
|
Operating Margin
|
15.17%
|
14.68%
|
17.92%
|
17.21%
|
16.66%
|
14.71%
|
14.81%
|
14.91%
|
Earnings before Tax (EBT)
1 |
142,133
|
142,359
|
151,973
|
162,872
|
170,531
|
181,368
|
194,804
|
205,928
|
Net income
1 |
106,641
|
107,843
|
115,937
|
125,459
|
131,766
|
139,209
|
148,985
|
157,367
|
Net margin
|
14.3%
|
14.04%
|
13.67%
|
13.39%
|
13.06%
|
13%
|
13.29%
|
13.42%
|
EPS
2 |
5.180
|
5.270
|
5.670
|
5.880
|
6.150
|
6.585
|
7.007
|
7.344
|
Free Cash Flow
1 |
81,700
|
127,100
|
131,200
|
96,889
|
122,517
|
123,112
|
154,994
|
161,447
|
FCF margin
|
10.95%
|
16.55%
|
15.47%
|
10.34%
|
12.14%
|
11.5%
|
13.82%
|
13.77%
|
FCF Conversion (EBITDA)
|
27.6%
|
44.58%
|
42.19%
|
29.43%
|
32.65%
|
35.32%
|
43.08%
|
43.48%
|
FCF Conversion (Net income)
|
76.61%
|
117.86%
|
113.16%
|
77.23%
|
92.98%
|
88.44%
|
104.03%
|
102.59%
|
Dividend per Share
2 |
2.975
|
3.290
|
3.298
|
-
|
4.830
|
4.714
|
5.181
|
5.542
|
Announcement Date
|
3/19/20
|
3/25/21
|
3/23/22
|
3/23/23
|
3/21/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
356,490
|
389,863
|
378,207
|
443,647
|
199,628
|
324,423
|
227,320
|
269,614
|
496,934
|
226,553
|
213,772
|
440,325
|
279,973
|
530,719
|
244,841
|
233,749
|
478,590
|
531,366
|
517,102
|
EBITDA
1 |
144,820
|
145,710
|
139,425
|
161,988
|
73,508
|
149,020
|
76,100
|
97,812
|
173,912
|
77,600
|
77,643
|
155,264
|
103,557
|
183,457
|
85,043
|
72,978
|
158,021
|
-
|
-
|
EBIT
|
53,394
|
59,118
|
53,616
|
62,516
|
-
|
55,447
|
-
|
-
|
74,448
|
-
|
26,903
|
54,651
|
-
|
80,287
|
-
|
-
|
54,059
|
85,947
|
58,547
|
Operating Margin
|
14.98%
|
15.16%
|
14.18%
|
14.09%
|
-
|
17.09%
|
-
|
-
|
14.98%
|
-
|
12.58%
|
12.41%
|
-
|
15.13%
|
-
|
-
|
11.3%
|
16.17%
|
11.32%
|
Earnings before Tax (EBT)
1 |
68,863
|
72,887
|
69,472
|
77,696
|
-
|
-
|
-
|
-
|
-
|
-
|
34,917
|
-
|
-
|
-
|
39,170
|
32,683
|
-
|
-
|
-
|
Net income
1 |
50,578
|
55,765
|
52,078
|
59,118
|
29,186
|
57,030
|
25,600
|
44,651
|
70,275
|
28,257
|
26,927
|
54,522
|
48,106
|
76,173
|
29,333
|
26,260
|
55,593
|
-
|
-
|
Net margin
|
14.19%
|
14.3%
|
13.77%
|
13.33%
|
14.62%
|
17.58%
|
11.26%
|
16.56%
|
14.14%
|
12.47%
|
12.6%
|
12.38%
|
17.18%
|
14.35%
|
11.98%
|
11.23%
|
11.62%
|
-
|
-
|
EPS
|
2.440
|
2.720
|
2.550
|
2.890
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
1.357
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/19/20
|
8/13/20
|
3/25/21
|
8/12/21
|
3/23/22
|
3/23/22
|
4/21/22
|
8/11/22
|
8/11/22
|
10/20/22
|
3/23/23
|
3/23/23
|
8/10/23
|
8/10/23
|
10/20/23
|
3/21/24
|
3/21/24
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
284,064
|
323,111
|
217,884
|
136,187
|
143,597
|
199,969
|
265,284
|
311,905
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
81,700
|
127,100
|
131,200
|
96,889
|
122,517
|
123,112
|
154,994
|
161,447
|
ROE (net income / shareholders' equity)
|
9.89%
|
9.57%
|
9.4%
|
10%
|
10.3%
|
10.2%
|
10.6%
|
10.8%
|
ROA (Net income/ Total Assets)
|
6.74%
|
6.42%
|
6.51%
|
6.64%
|
6.83%
|
6.65%
|
6.88%
|
6.61%
|
Assets
1 |
1,582,586
|
1,678,561
|
1,781,371
|
1,888,419
|
1,928,798
|
2,093,881
|
2,165,046
|
2,382,302
|
Book Value Per Share
2 |
53.90
|
56.10
|
58.90
|
-
|
62.90
|
64.70
|
66.60
|
68.70
|
Cash Flow per Share
2 |
12.10
|
15.00
|
15.40
|
-
|
14.20
|
13.50
|
14.90
|
15.40
|
Capex
1 |
165,900
|
180,600
|
183,600
|
183,861
|
181,263
|
173,854
|
172,928
|
173,143
|
Capex / Sales
|
22.24%
|
23.51%
|
21.64%
|
19.62%
|
17.96%
|
16.24%
|
15.42%
|
14.77%
|
Announcement Date
|
3/19/20
|
3/25/21
|
3/23/22
|
3/23/23
|
3/21/24
|
-
|
-
|
-
|
Last Close Price
69.53
CNY Average target price
78.68
CNY Spread / Average Target +13.17% Consensus |