Market Closed -
Hong Kong S.E.
04:08:39 2024-05-28 am EDT
|
5-day change
|
1st Jan Change
|
30.5
HKD
|
-0.16%
|
|
-5.57%
|
+8.93%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
276,680
|
228,190
|
233,895
|
254,931
|
199,666
|
217,494
|
-
|
-
|
Enterprise Value (EV)
1 |
376,566
|
339,660
|
414,245
|
327,061
|
329,394
|
354,824
|
355,274
|
368,397
|
P/E ratio
|
8.64
x
|
6.47
x
|
5.86
x
|
7.95
x
|
5.87
x
|
6.75
x
|
6.39
x
|
5.89
x
|
Yield
|
3.01%
|
4.63%
|
5.19%
|
4.47%
|
5.58%
|
5.35%
|
5.63%
|
5.98%
|
Capitalization / Revenue
|
1.72
x
|
1.07
x
|
0.89
x
|
1.08
x
|
0.73
x
|
0.78
x
|
0.75
x
|
0.72
x
|
EV / Revenue
|
2.34
x
|
1.6
x
|
1.58
x
|
1.38
x
|
1.21
x
|
1.28
x
|
1.23
x
|
1.22
x
|
EV / EBITDA
|
7.51
x
|
6.25
x
|
7.22
x
|
6.46
x
|
6.01
x
|
5.96
x
|
5.67
x
|
5.56
x
|
EV / FCF
|
11.7
x
|
14.6
x
|
72.3
x
|
11.9
x
|
-
|
14.4
x
|
7.5
x
|
7.34
x
|
FCF Yield
|
8.58%
|
6.86%
|
1.38%
|
8.4%
|
-
|
6.92%
|
13.3%
|
13.6%
|
Price to Book
|
1.34
x
|
0.95
x
|
0.84
x
|
0.92
x
|
0.7
x
|
0.71
x
|
0.66
x
|
0.62
x
|
Nbr of stocks (in thousands)
|
7,130,940
|
7,130,940
|
7,130,940
|
7,130,940
|
7,130,940
|
7,130,940
|
-
|
-
|
Reference price
2 |
38.80
|
32.00
|
32.80
|
35.75
|
28.00
|
30.50
|
30.50
|
30.50
|
Announcement Date
|
3/26/20
|
3/29/21
|
3/30/22
|
3/29/23
|
3/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
161,097
|
212,453
|
261,539
|
236,423
|
272,393
|
278,036
|
288,311
|
302,352
|
EBITDA
1 |
50,117
|
54,303
|
57,386
|
50,632
|
54,768
|
59,492
|
62,708
|
66,256
|
EBIT
1 |
49,272
|
53,207
|
55,776
|
49,109
|
53,344
|
57,718
|
60,656
|
65,116
|
Operating Margin
|
30.59%
|
25.04%
|
21.33%
|
20.77%
|
19.58%
|
20.76%
|
21.04%
|
21.54%
|
Earnings before Tax (EBT)
1 |
66,511
|
71,184
|
74,434
|
63,381
|
72,061
|
63,729
|
67,126
|
72,718
|
Net income
1 |
31,265
|
35,265
|
39,952
|
32,075
|
34,020
|
32,566
|
34,700
|
37,069
|
Net margin
|
19.41%
|
16.6%
|
15.28%
|
13.57%
|
12.49%
|
11.71%
|
12.04%
|
12.26%
|
EPS
2 |
4.493
|
4.945
|
5.598
|
4.499
|
4.772
|
4.516
|
4.772
|
5.174
|
Free Cash Flow
1 |
32,309
|
23,290
|
5,732
|
27,480
|
-
|
24,571
|
47,390
|
50,206
|
FCF margin
|
20.06%
|
10.96%
|
2.19%
|
11.62%
|
-
|
8.84%
|
16.44%
|
16.61%
|
FCF Conversion (EBITDA)
|
64.47%
|
42.89%
|
9.99%
|
54.27%
|
-
|
41.3%
|
75.57%
|
75.78%
|
FCF Conversion (Net income)
|
103.34%
|
66.04%
|
14.35%
|
85.67%
|
-
|
75.45%
|
136.57%
|
135.44%
|
Dividend per Share
2 |
1.168
|
1.481
|
1.702
|
1.597
|
1.563
|
1.632
|
1.716
|
1.824
|
Announcement Date
|
3/26/20
|
3/29/21
|
3/30/22
|
3/29/23
|
3/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
111,102
|
50,501
|
159,373
|
88,656
|
170,612
|
82,770
|
153,193
|
78,629
|
193,246
|
115,532
|
173,298
|
119,383
|
179,075
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
24,019
|
31,142
|
18,906
|
31,502
|
19,678
|
38,393
|
20,843
|
34,984
|
22,340
|
33,510
|
Operating Margin
|
-
|
-
|
-
|
27.09%
|
18.25%
|
22.84%
|
20.56%
|
25.03%
|
19.87%
|
18.04%
|
20.19%
|
18.71%
|
18.71%
|
Earnings before Tax (EBT)
1 |
-
|
-
|
-
|
29,853
|
-
|
22,488
|
-
|
-
|
-
|
24,570
|
41,414
|
-
|
-
|
Net income
1 |
-
|
12,991
|
-
|
15,780
|
-
|
12,039
|
-
|
-
|
-
|
12,973
|
21,867
|
-
|
-
|
Net margin
|
-
|
25.72%
|
-
|
17.8%
|
-
|
14.55%
|
-
|
-
|
-
|
11.23%
|
12.62%
|
-
|
-
|
EPS
|
-
|
-
|
-
|
2.212
|
-
|
1.692
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
0.1680
|
-
|
0.2080
|
-
|
0.2067
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/26/20
|
8/26/20
|
3/29/21
|
8/25/21
|
3/30/22
|
8/30/22
|
3/29/23
|
8/29/23
|
3/25/24
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
99,886
|
111,470
|
180,350
|
72,129
|
129,728
|
137,331
|
137,781
|
150,904
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
1.993
x
|
2.053
x
|
3.143
x
|
1.425
x
|
2.369
x
|
2.308
x
|
2.197
x
|
2.278
x
|
Free Cash Flow
1 |
32,309
|
23,290
|
5,732
|
27,480
|
-
|
24,571
|
47,390
|
50,206
|
ROE (net income / shareholders' equity)
|
17.5%
|
15.3%
|
15.1%
|
11.9%
|
12.3%
|
10.5%
|
10.2%
|
10.1%
|
ROA (Net income/ Total Assets)
|
4.04%
|
3.64%
|
3.56%
|
2.77%
|
2.76%
|
2.52%
|
2.62%
|
2.71%
|
Assets
1 |
773,036
|
969,436
|
1,121,368
|
1,159,582
|
1,232,427
|
1,291,558
|
1,324,931
|
1,366,960
|
Book Value Per Share
2 |
28.90
|
33.80
|
39.20
|
39.00
|
40.30
|
43.00
|
46.00
|
49.10
|
Cash Flow per Share
2 |
5.140
|
3.750
|
1.170
|
4.160
|
-
|
1.330
|
2.620
|
2.380
|
Capex
1 |
3,494
|
3,466
|
2,590
|
2,150
|
-
|
2,196
|
2,226
|
2,252
|
Capex / Sales
|
2.17%
|
1.63%
|
0.99%
|
0.91%
|
-
|
0.79%
|
0.77%
|
0.74%
|
Announcement Date
|
3/26/20
|
3/29/21
|
3/30/22
|
3/29/23
|
3/25/24
|
-
|
-
|
-
|
Last Close Price
30.5
HKD Average target price
39.3
HKD Spread / Average Target +28.84% Consensus |