Market Closed -
Hong Kong S.E.
04:08:14 2024-06-11 am EDT
|
5-day change
|
1st Jan Change
|
3.88
HKD
|
-3.72%
|
|
-0.26%
|
+36.97%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
7,470
|
23,904
|
43,724
|
27,879
|
23,862
|
28,768
|
-
|
-
|
Enterprise Value (EV)
1 |
30,957
|
49,887
|
68,544
|
59,489
|
55,386
|
65,437
|
67,686
|
73,767
|
P/E ratio
|
5.56
x
|
5.27
x
|
9.17
x
|
5.42
x
|
5.06
x
|
6.23
x
|
5.25
x
|
4.81
x
|
Yield
|
-
|
6.79%
|
3.37%
|
6.72%
|
8.29%
|
6.19%
|
7.35%
|
7.54%
|
Capitalization / Revenue
|
0.63
x
|
1.91
x
|
2.74
x
|
1.5
x
|
1.18
x
|
1.13
x
|
0.99
x
|
0.91
x
|
EV / Revenue
|
2.59
x
|
3.99
x
|
4.29
x
|
3.21
x
|
2.73
x
|
2.57
x
|
2.32
x
|
2.33
x
|
EV / EBITDA
|
7.32
x
|
13
x
|
13.5
x
|
10.9
x
|
9.65
x
|
8.55
x
|
8.05
x
|
8.33
x
|
EV / FCF
|
-10.7
x
|
-8.37
x
|
-18.2
x
|
339
x
|
-32.1
x
|
-16.2
x
|
-39.8
x
|
-85
x
|
FCF Yield
|
-9.34%
|
-12%
|
-5.48%
|
0.3%
|
-3.12%
|
-6.18%
|
-2.51%
|
-1.18%
|
Price to Book
|
0.63
x
|
0.59
x
|
1.05
x
|
0.59
x
|
0.49
x
|
0.67
x
|
0.62
x
|
0.59
x
|
Nbr of stocks (in thousands)
|
3,715,160
|
3,849,910
|
3,849,910
|
4,187,093
|
4,187,093
|
4,205,693
|
-
|
-
|
Reference price
2 |
2.011
|
2.003
|
4.954
|
2.870
|
2.581
|
3.738
|
3.738
|
3.738
|
Announcement Date
|
3/19/20
|
3/19/21
|
3/9/22
|
3/23/23
|
3/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
11,943
|
12,511
|
15,985
|
18,561
|
20,282
|
25,420
|
29,198
|
31,704
|
EBITDA
1 |
4,230
|
3,842
|
5,096
|
5,467
|
5,742
|
7,653
|
8,410
|
8,851
|
EBIT
1 |
2,845
|
2,252
|
3,118
|
3,286
|
3,362
|
4,332
|
5,100
|
5,603
|
Operating Margin
|
23.82%
|
18%
|
19.5%
|
17.7%
|
16.58%
|
17.04%
|
17.47%
|
17.67%
|
Earnings before Tax (EBT)
1 |
2,184
|
2,264
|
3,128
|
3,295
|
3,368
|
3,839
|
4,552
|
4,978
|
Net income
1 |
1,415
|
1,511
|
2,160
|
2,294
|
2,207
|
2,549
|
3,030
|
3,313
|
Net margin
|
11.85%
|
12.07%
|
13.51%
|
12.36%
|
10.88%
|
10.03%
|
10.38%
|
10.45%
|
EPS
2 |
0.3617
|
0.3800
|
0.5400
|
0.5300
|
0.5100
|
0.5998
|
0.7122
|
0.7778
|
Free Cash Flow
1 |
-2,892
|
-5,962
|
-3,759
|
175.7
|
-1,726
|
-4,042
|
-1,700
|
-868
|
FCF margin
|
-24.22%
|
-47.65%
|
-23.52%
|
0.95%
|
-8.51%
|
-15.9%
|
-5.82%
|
-2.74%
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
3.21%
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
7.66%
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
-
|
0.1360
|
0.1670
|
0.1930
|
0.2140
|
0.2313
|
0.2749
|
0.2820
|
Announcement Date
|
3/19/20
|
3/19/21
|
3/9/22
|
3/23/23
|
3/26/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 S1
|
2022 Q1
|
2022 S1
|
2022 Q3
|
---|
Net sales
|
-
|
8,404
|
-
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
947.4
|
-
|
937.5
|
1,617
|
49.96
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
9/10/20
|
8/25/21
|
4/28/22
|
8/25/22
|
10/28/22
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
23,486
|
25,983
|
24,820
|
31,610
|
31,524
|
36,669
|
38,918
|
44,999
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
5.553
x
|
6.763
x
|
4.871
x
|
5.782
x
|
5.491
x
|
4.791
x
|
4.628
x
|
5.084
x
|
Free Cash Flow
1 |
-2,892
|
-5,962
|
-3,759
|
176
|
-1,726
|
-4,042
|
-1,700
|
-868
|
ROE (net income / shareholders' equity)
|
13%
|
7.21%
|
13.2%
|
12%
|
10.7%
|
10.7%
|
11.7%
|
11.5%
|
ROA (Net income/ Total Assets)
|
3.32%
|
1.75%
|
3.91%
|
3.07%
|
2.82%
|
3.03%
|
3.6%
|
3.6%
|
Assets
1 |
42,614
|
86,565
|
55,246
|
74,744
|
78,215
|
84,253
|
84,181
|
92,028
|
Book Value Per Share
2 |
3.180
|
3.420
|
4.700
|
4.890
|
5.220
|
5.550
|
6.020
|
6.370
|
Cash Flow per Share
2 |
1.000
|
1.030
|
-0.9400
|
1.780
|
1.120
|
1.860
|
2.220
|
-
|
Capex
1 |
6,624
|
9,860
|
7,946
|
7,288
|
6,578
|
10,190
|
9,600
|
8,300
|
Capex / Sales
|
55.46%
|
78.81%
|
49.71%
|
39.26%
|
32.43%
|
40.09%
|
32.88%
|
26.18%
|
Announcement Date
|
3/19/20
|
3/19/21
|
3/9/22
|
3/23/23
|
3/26/24
|
-
|
-
|
-
|
Last Close Price
3.738
CNY Average target price
3.803
CNY Spread / Average Target +1.73% Consensus |
1st Jan change
|
Capi.
|
---|
| +36.97% | 3.97B | | -1.34% | 14.11B | | +17.48% | 10.17B | | +22.00% | 8.72B | | +8.52% | 8.68B | | +7.62% | 8.46B | | +35.53% | 6.01B | | +17.36% | 5.33B | | -5.49% | 4.87B | | +32.62% | 4.86B |
Natural Gas Distribution
|