Market Closed -
Hong Kong S.E.
04:08:17 2024-05-17 am EDT
|
5-day change
|
1st Jan Change
|
5.85
HKD
|
-0.85%
|
|
+3.72%
|
+25.81%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
1,515,310
|
1,252,050
|
1,114,060
|
1,092,231
|
1,078,642
|
1,370,447
|
-
|
-
|
Enterprise Value (EV)
1 |
1,515,310
|
1,252,050
|
1,114,060
|
1,092,231
|
1,078,642
|
1,370,447
|
1,370,447
|
1,370,447
|
P/E ratio
|
5.73
x
|
4.68
x
|
3.7
x
|
3.37
x
|
3.23
x
|
4.13
x
|
3.98
x
|
3.79
x
|
Yield
|
5.32%
|
6.58%
|
8.27%
|
9.01%
|
9.46%
|
7.51%
|
7.69%
|
8.05%
|
Capitalization / Revenue
|
2.15
x
|
1.66
x
|
1.46
x
|
1.44
x
|
1.45
x
|
1.86
x
|
1.72
x
|
1.67
x
|
EV / Revenue
|
2.15
x
|
1.66
x
|
1.46
x
|
1.44
x
|
1.45
x
|
1.86
x
|
1.72
x
|
1.67
x
|
EV / EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
0.68
x
|
0.55
x
|
0.44
x
|
0.4
x
|
0.36
x
|
0.41
x
|
0.38
x
|
0.36
x
|
Nbr of stocks (in thousands)
|
250,010,977
|
250,010,977
|
250,010,977
|
250,010,977
|
250,010,977
|
250,010,977
|
-
|
-
|
Reference price
2 |
6.014
|
4.957
|
4.400
|
4.319
|
4.226
|
5.415
|
5.415
|
5.415
|
Announcement Date
|
3/29/20
|
3/26/21
|
3/29/22
|
3/29/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
705,629
|
755,858
|
764,706
|
758,155
|
745,615
|
730,708
|
765,273
|
819,852
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
326,954
|
337,246
|
545,524
|
537,035
|
525,463
|
519,294
|
532,245
|
573,304
|
Operating Margin
|
46.34%
|
44.62%
|
71.34%
|
70.83%
|
70.47%
|
71.07%
|
69.55%
|
69.93%
|
Earnings before Tax (EBT)
1 |
326,597
|
336,616
|
378,412
|
382,017
|
389,377
|
386,472
|
402,399
|
419,410
|
Net income
1 |
266,733
|
271,050
|
302,513
|
319,323
|
327,543
|
330,372
|
342,826
|
358,716
|
Net margin
|
37.8%
|
35.86%
|
39.56%
|
42.12%
|
43.93%
|
45.21%
|
44.8%
|
43.75%
|
EPS
2 |
1.050
|
1.060
|
1.190
|
1.280
|
1.310
|
1.312
|
1.360
|
1.428
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.3200
|
0.3260
|
0.3640
|
0.3890
|
0.4000
|
0.4068
|
0.4166
|
0.4362
|
Announcement Date
|
3/29/20
|
3/26/21
|
3/29/22
|
3/29/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2021 Q4
|
2022 Q2
|
2022 S1
|
2022 Q4
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
333,614
|
359,924
|
192,167
|
192,495
|
394,434
|
181,190
|
187,207
|
388,155
|
182,471
|
174,989
|
-
|
195,284
|
182,703
|
-
|
179,751
|
172,454
|
-
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
224,031
|
280,339
|
-
|
145,751
|
303,454
|
101,931
|
136,761
|
292,632
|
132,087
|
101,208
|
-
|
150,499
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
67.15%
|
77.89%
|
-
|
75.72%
|
76.93%
|
56.26%
|
73.05%
|
75.39%
|
72.39%
|
57.84%
|
-
|
77.07%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
135,417
|
168,773
|
-
|
-
|
-
|
88,909
|
92,559
|
197,264
|
-
|
-
|
-
|
102,307
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
112,543
|
137,626
|
-
|
-
|
-
|
72,041
|
78,148
|
167,295
|
88,110
|
-
|
-
|
86,817
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
33.73%
|
38.24%
|
-
|
-
|
-
|
39.76%
|
41.74%
|
43.1%
|
48.29%
|
-
|
-
|
44.46%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
0.2900
|
0.3200
|
0.6700
|
-
|
-
|
0.6400
|
0.3500
|
-
|
0.6700
|
-
|
-
|
0.6700
|
0.6800
|
0.6900
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/29/20
|
8/30/20
|
3/29/22
|
8/30/22
|
8/30/22
|
3/29/23
|
8/23/23
|
8/23/23
|
10/26/23
|
3/28/24
|
3/28/24
|
4/29/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
13.2%
|
12.1%
|
12.2%
|
12.3%
|
11.6%
|
10.7%
|
10.3%
|
10%
|
ROA (Net income/ Total Assets)
|
1.1%
|
1.01%
|
1.04%
|
1%
|
0.91%
|
0.82%
|
0.81%
|
0.76%
|
Assets
1 |
24,336,953
|
26,783,597
|
29,087,788
|
31,932,300
|
35,993,736
|
40,338,458
|
42,329,947
|
46,972,696
|
Book Value Per Share
2 |
8.860
|
9.060
|
9.950
|
10.90
|
11.80
|
13.10
|
14.10
|
15.20
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex / Sales
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/29/20
|
3/26/21
|
3/29/22
|
3/29/23
|
3/28/24
|
-
|
-
|
-
|
Last Close Price
5.415
CNY Average target price
5.967
CNY Spread / Average Target +10.19% Consensus |
1st Jan change
|
Capi.
|
---|
| +25.81% | 190B | | +20.43% | 590B | | +16.75% | 307B | | +23.30% | 257B | | +24.18% | 213B | | +29.53% | 172B | | +9.68% | 164B | | +8.46% | 151B | | +8.26% | 135B | | -14.23% | 134B |
Other Banks
|