Market Closed -
Hong Kong S.E.
04:09:05 2024-06-07 am EDT
|
5-day change
|
1st Jan Change
|
8.03
HKD
|
-0.50%
|
|
+1.65%
|
+2.95%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
303,121
|
159,706
|
223,995
|
239,704
|
226,904
|
233,595
|
-
|
-
|
Enterprise Value (EV)
1 |
832,134
|
797,229
|
1,208,185
|
1,263,315
|
1,535,629
|
1,345,374
|
1,330,575
|
1,158,922
|
P/E ratio
|
5.63
x
|
2.82
x
|
3.2
x
|
3.18
x
|
3.94
x
|
3.56
x
|
3.39
x
|
3.4
x
|
Yield
|
4.46%
|
8.89%
|
7.87%
|
7.9%
|
6.6%
|
7.17%
|
7.57%
|
7.63%
|
Capitalization / Revenue
|
0.54
x
|
0.29
x
|
0.32
x
|
0.31
x
|
0.33
x
|
0.31
x
|
0.29
x
|
0.31
x
|
EV / Revenue
|
1.47
x
|
1.44
x
|
1.7
x
|
1.64
x
|
2.26
x
|
1.76
x
|
1.67
x
|
1.53
x
|
EV / EBITDA
|
3.71
x
|
3.73
x
|
5.13
x
|
4.72
x
|
7.06
x
|
5.01
x
|
4.75
x
|
4.06
x
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
0.51
x
|
0.24
x
|
0.3
x
|
0.33
x
|
0.32
x
|
0.3
x
|
0.28
x
|
0.26
x
|
Nbr of stocks (in thousands)
|
29,090,263
|
29,090,263
|
29,090,263
|
29,090,263
|
29,090,263
|
29,090,263
|
-
|
-
|
Reference price
2 |
10.42
|
5.490
|
7.700
|
8.240
|
7.800
|
8.030
|
8.030
|
8.030
|
Announcement Date
|
3/31/20
|
3/30/21
|
3/31/22
|
3/31/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
566,497
|
552,949
|
708,936
|
771,133
|
680,832
|
762,951
|
797,522
|
756,868
|
EBITDA
1 |
224,006
|
213,457
|
235,463
|
267,580
|
217,493
|
268,639
|
280,197
|
285,372
|
EBIT
1 |
106,454
|
93,109
|
128,538
|
156,175
|
133,627
|
133,434
|
142,399
|
142,820
|
Operating Margin
|
18.79%
|
16.84%
|
18.13%
|
20.25%
|
19.63%
|
17.49%
|
17.86%
|
18.87%
|
Earnings before Tax (EBT)
1 |
96,015
|
97,718
|
121,141
|
147,839
|
123,287
|
131,950
|
140,797
|
138,684
|
Net income
1 |
53,903
|
56,628
|
70,222
|
75,481
|
57,594
|
65,157
|
68,582
|
65,101
|
Net margin
|
9.52%
|
10.24%
|
9.91%
|
9.79%
|
8.46%
|
8.54%
|
8.6%
|
8.6%
|
EPS
2 |
1.850
|
1.950
|
2.410
|
2.590
|
1.980
|
2.255
|
2.369
|
2.361
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.4650
|
0.4880
|
0.6060
|
0.6510
|
0.5150
|
0.5758
|
0.6082
|
0.6130
|
Announcement Date
|
3/31/20
|
3/30/21
|
3/31/22
|
3/31/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
---|
Net sales
1 |
289,321
|
255,802
|
297,147
|
352,921
|
356,015
|
392,407
|
378,726
|
333,986
|
346,846
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
2 |
0.7000
|
0.9300
|
1.020
|
1.520
|
0.8900
|
1.720
|
0.8700
|
1.100
|
0.8800
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/31/20
|
8/28/20
|
3/30/21
|
8/27/21
|
3/31/22
|
9/15/22
|
3/31/23
|
8/31/23
|
3/28/24
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
529,013
|
637,523
|
984,190
|
1,023,611
|
1,308,725
|
1,111,780
|
1,096,980
|
925,327
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
2.362
x
|
2.987
x
|
4.18
x
|
3.825
x
|
6.017
x
|
4.139
x
|
3.915
x
|
3.243
x
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
9.37%
|
8.9%
|
9.9%
|
10.1%
|
8.4%
|
8.58%
|
8.49%
|
8.02%
|
ROA (Net income/ Total Assets)
|
0.68%
|
0.63%
|
1.3%
|
-
|
-
|
0.5%
|
0.5%
|
-
|
Assets
1 |
7,974,996
|
9,015,762
|
5,401,692
|
-
|
-
|
13,031,480
|
13,716,360
|
-
|
Book Value Per Share
2 |
20.30
|
23.20
|
25.80
|
25.30
|
24.20
|
26.70
|
28.40
|
31.50
|
Cash Flow per Share
2 |
5.500
|
6.640
|
-1.400
|
6.670
|
-0.7800
|
5.360
|
5.680
|
6.010
|
Capex
1 |
32,318
|
29,616
|
42,235
|
35,289
|
40,000
|
26,985
|
26,985
|
26,985
|
Capex / Sales
|
5.7%
|
5.36%
|
5.96%
|
4.58%
|
5.88%
|
3.54%
|
3.38%
|
3.57%
|
Announcement Date
|
3/31/20
|
3/30/21
|
3/31/22
|
3/31/23
|
3/28/24
|
-
|
-
|
-
|
Last Close Price
8.03
HKD Average target price
9.412
HKD Spread / Average Target +17.22% Consensus |
1st Jan change
|
Capi.
|
---|
| +2.95% | 29.9B | | +17.55% | 574B | | +18.15% | 311B | | +15.71% | 254B | | +18.57% | 203B | | +21.72% | 184B | | +27.18% | 172B | | +9.30% | 163B | | +9.22% | 150B | | -7.95% | 143B |
Other Banks
|