Market Closed -
Hong Kong S.E.
04:08:39 2024-05-28 am EDT
|
5-day change
|
1st Jan Change
|
37.65
HKD
|
+2.17%
|
|
+3.86%
|
+40.75%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
350,321
|
338,370
|
421,748
|
522,036
|
599,794
|
825,424
|
-
|
-
|
Enterprise Value (EV)
1 |
354,567
|
276,643
|
326,944
|
413,651
|
492,522
|
753,998
|
715,303
|
669,295
|
P/E ratio
|
6.94
x
|
6.82
x
|
5.74
x
|
5.43
x
|
7.47
x
|
11.6
x
|
11.7
x
|
12.3
x
|
Yield
|
8.66%
|
14.7%
|
17.1%
|
12.8%
|
9.3%
|
6.08%
|
6.08%
|
5.81%
|
Capitalization / Revenue
|
1.45
x
|
1.45
x
|
1.26
x
|
1.52
x
|
1.75
x
|
2.39
x
|
2.4
x
|
2.38
x
|
EV / Revenue
|
1.47
x
|
1.19
x
|
0.98
x
|
1.2
x
|
1.44
x
|
2.18
x
|
2.08
x
|
1.93
x
|
EV / EBITDA
|
4.08
x
|
3.5
x
|
3.31
x
|
3.4
x
|
4.25
x
|
6.93
x
|
6.58
x
|
6.23
x
|
EV / FCF
|
7.88
x
|
4.52
x
|
4.58
x
|
4.99
x
|
9.1
x
|
11.1
x
|
10.5
x
|
8.72
x
|
FCF Yield
|
12.7%
|
22.1%
|
21.8%
|
20%
|
11%
|
9.03%
|
9.54%
|
11.5%
|
Price to Book
|
0.81
x
|
0.67
x
|
0.78
x
|
1
x
|
1.18
x
|
1.64
x
|
1.55
x
|
1.46
x
|
Nbr of stocks (in thousands)
|
19,889,620
|
19,868,520
|
19,868,520
|
19,868,520
|
19,868,520
|
19,868,520
|
-
|
-
|
Reference price
2 |
14.55
|
12.29
|
14.89
|
19.92
|
24.31
|
34.92
|
34.92
|
34.92
|
Announcement Date
|
3/27/20
|
3/26/21
|
3/25/22
|
3/24/23
|
3/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
241,871
|
233,263
|
335,216
|
344,533
|
343,074
|
345,153
|
343,285
|
347,309
|
EBITDA
1 |
86,981
|
79,018
|
98,815
|
121,536
|
116,008
|
108,876
|
108,747
|
107,503
|
EBIT
1 |
66,629
|
59,033
|
78,242
|
100,513
|
91,367
|
84,538
|
87,321
|
87,940
|
Operating Margin
|
27.55%
|
25.31%
|
23.34%
|
29.17%
|
26.63%
|
24.49%
|
25.44%
|
25.32%
|
Earnings before Tax (EBT)
1 |
66,724
|
59,362
|
77,375
|
99,654
|
87,176
|
85,557
|
87,541
|
84,216
|
Net income
1 |
43,250
|
35,849
|
50,269
|
72,903
|
59,694
|
59,573
|
59,977
|
57,888
|
Net margin
|
17.88%
|
15.37%
|
15%
|
21.16%
|
17.4%
|
17.26%
|
17.47%
|
16.67%
|
EPS
2 |
2.097
|
1.803
|
2.597
|
3.669
|
3.253
|
2.998
|
2.993
|
2.842
|
Free Cash Flow
1 |
44,973
|
61,259
|
71,339
|
82,869
|
54,104
|
68,053
|
68,259
|
76,742
|
FCF margin
|
18.59%
|
26.26%
|
21.28%
|
24.05%
|
15.77%
|
19.72%
|
19.88%
|
22.1%
|
FCF Conversion (EBITDA)
|
51.7%
|
77.53%
|
72.19%
|
68.18%
|
46.64%
|
62.51%
|
62.77%
|
71.39%
|
FCF Conversion (Net income)
|
103.98%
|
170.88%
|
141.91%
|
113.67%
|
90.64%
|
114.23%
|
113.81%
|
132.57%
|
Dividend per Share
2 |
1.260
|
1.810
|
2.540
|
2.550
|
2.260
|
2.123
|
2.125
|
2.028
|
Announcement Date
|
3/27/20
|
3/26/21
|
3/25/22
|
3/24/23
|
3/22/24
|
-
|
-
|
-
|
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 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 Q1
|
2025 Q2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
125,506
|
105,016
|
128,247
|
143,979
|
102,267
|
191,237
|
83,902
|
81,677
|
165,579
|
84,910
|
94,044
|
178,954
|
87,042
|
82,400
|
169,442
|
83,025
|
90,607
|
173,632
|
87,647
|
79,811
|
179,903
|
83,281
|
93,691
|
174,358
|
89,900
|
85,100
|
182,128
|
175,778
|
EBITDA
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
16,447
|
-
|
19,917
|
30,328
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
37,406
|
19,209
|
42,766
|
27,682
|
26,526
|
54,208
|
26,357
|
-
|
46,305
|
25,107
|
22,997
|
48,104
|
21,439
|
21,824
|
43,263
|
23,344
|
10,365
|
56,099
|
13,835
|
24,245
|
44,470
|
-
|
-
|
56,707
|
44,199
|
Operating Margin
|
-
|
-
|
-
|
25.98%
|
18.78%
|
22.36%
|
32.99%
|
32.48%
|
32.74%
|
31.04%
|
-
|
25.88%
|
28.84%
|
27.91%
|
28.39%
|
25.82%
|
24.09%
|
24.92%
|
26.63%
|
12.99%
|
31.18%
|
16.61%
|
25.88%
|
25.51%
|
-
|
-
|
31.14%
|
25.14%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
20,370
|
-
|
-
|
10,330
|
-
|
19,796
|
27,839
|
42,475
|
20,298
|
-
|
30,428
|
-
|
16,184
|
36,861
|
-
|
-
|
-
|
17,760
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
19.4%
|
-
|
-
|
10.1%
|
-
|
23.59%
|
34.08%
|
25.65%
|
23.91%
|
-
|
17%
|
-
|
19.64%
|
21.75%
|
-
|
-
|
-
|
20.26%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/27/20
|
8/28/20
|
3/26/21
|
8/27/21
|
3/25/22
|
3/25/22
|
4/27/22
|
8/26/22
|
8/26/22
|
10/28/22
|
3/24/23
|
3/24/23
|
4/28/23
|
8/25/23
|
8/25/23
|
10/28/23
|
3/22/24
|
3/22/24
|
4/26/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
4,246
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
61,727
|
94,804
|
108,385
|
114,451
|
113,434
|
160,931
|
156,129
|
Leverage (Debt/EBITDA)
|
0.0488
x
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
44,973
|
61,259
|
71,339
|
82,869
|
52,603
|
68,053
|
68,259
|
68,781
|
ROE (net income / shareholders' equity)
|
12.1%
|
9.95%
|
13.9%
|
18.8%
|
16.1%
|
14%
|
13.4%
|
13.5%
|
ROA (Net income/ Total Assets)
|
7.22%
|
7.8%
|
10%
|
11.8%
|
10.3%
|
9.97%
|
9.24%
|
9%
|
Assets
1 |
598,715
|
459,603
|
502,690
|
617,775
|
626,211
|
597,377
|
648,801
|
643,381
|
Book Value Per Share
2 |
17.90
|
18.30
|
19.10
|
20.00
|
20.60
|
21.30
|
22.60
|
23.90
|
Cash Flow per Share
2 |
3.170
|
4.090
|
4.760
|
5.520
|
4.510
|
5.020
|
4.800
|
4.600
|
Capex
1 |
18,133
|
20,030
|
23,236
|
26,865
|
37,084
|
38,276
|
34,287
|
32,099
|
Capex / Sales
|
7.5%
|
8.59%
|
6.93%
|
7.8%
|
10.81%
|
11.04%
|
9.99%
|
9.24%
|
Announcement Date
|
3/27/20
|
3/26/21
|
3/25/22
|
3/24/23
|
3/22/24
|
-
|
-
|
-
|
Last Close Price
34.92
CNY Average target price
30.75
CNY Spread / Average Target -11.96% Consensus |
1st Jan change
|
Capi.
|
---|
| +40.75% | 112B | | -6.53% | 38.63B | | +29.69% | 36.66B | | +26.04% | 34.85B | | +33.96% | 23.04B | | +31.13% | 20.7B | | +5.16% | 9.56B | | +13.06% | 8.82B | | +17.32% | 7.22B | | +147.12% | 6.83B |
Other Coal
|