Market Closed -
Hong Kong S.E.
04:08:05 2024-05-31 am EDT
|
5-day change
|
1st Jan Change
|
49.45
HKD
|
+0.20%
|
|
-1.10%
|
+38.90%
|
Fiscal Period: December |
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
28,963
|
31,581
|
46,217
|
-
|
-
|
Enterprise Value (EV)
2 |
27,686
|
29,210
|
42,182
|
40,712
|
38,927
|
P/E ratio
|
30
x
|
22.2
x
|
25.5
x
|
20.1
x
|
16.4
x
|
Yield
|
-
|
1.34%
|
1.36%
|
1.75%
|
2.12%
|
Capitalization / Revenue
|
12.2
x
|
8.96
x
|
9.86
x
|
7.68
x
|
6.18
x
|
EV / Revenue
|
11.7
x
|
8.29
x
|
9
x
|
6.76
x
|
5.2
x
|
EV / EBITDA
|
23.8
x
|
17.8
x
|
20.4
x
|
15.8
x
|
12.4
x
|
EV / FCF
|
35.5
x
|
20.6
x
|
30.1
x
|
20.5
x
|
16.4
x
|
FCF Yield
|
2.81%
|
4.87%
|
3.33%
|
4.88%
|
6.1%
|
Price to Book
|
10.7
x
|
7.38
x
|
8.35
x
|
6.52
x
|
5.22
x
|
Nbr of stocks (in thousands)
|
976,000
|
976,000
|
1,009,220
|
-
|
-
|
Reference price
3 |
33.60
|
35.60
|
49.45
|
49.45
|
49.45
|
Announcement Date
|
3/27/23
|
3/25/24
|
-
|
-
|
-
|
1HKD in Million2CNY in Million3HKD Fiscal Period: December |
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,364
|
3,524
|
4,689
|
6,019
|
7,480
|
EBITDA
1 |
1,161
|
1,645
|
2,067
|
2,577
|
3,133
|
EBIT
1 |
1,134
|
1,611
|
2,024
|
2,592
|
3,225
|
Operating Margin
|
47.95%
|
45.71%
|
43.18%
|
43.07%
|
43.11%
|
Earnings before Tax (EBT)
1 |
1,178
|
1,745
|
2,118
|
2,696
|
3,314
|
Net income
1 |
1,002
|
1,452
|
1,794
|
2,273
|
2,783
|
Net margin
|
42.38%
|
41.19%
|
38.27%
|
37.76%
|
37.21%
|
EPS
2 |
1.120
|
1.605
|
1.941
|
2.466
|
3.020
|
Free Cash Flow
1 |
779
|
1,421
|
1,403
|
1,988
|
2,374
|
FCF margin
|
32.95%
|
40.33%
|
29.92%
|
33.03%
|
31.73%
|
FCF Conversion (EBITDA)
|
67.1%
|
86.38%
|
67.86%
|
77.14%
|
75.76%
|
FCF Conversion (Net income)
|
77.74%
|
97.89%
|
78.19%
|
87.47%
|
85.28%
|
Dividend per Share
2 |
-
|
0.4772
|
0.6742
|
0.8632
|
1.050
|
Announcement Date
|
3/27/23
|
3/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
1,641
|
1,606
|
1,918
|
2,199
|
2,582
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
771.9
|
714.3
|
896.7
|
900.6
|
1,057
|
Operating Margin
|
47.03%
|
44.49%
|
46.74%
|
40.95%
|
40.95%
|
Earnings before Tax (EBT)
|
-
|
-
|
969.5
|
-
|
-
|
Net income
|
-
|
-
|
784.8
|
-
|
-
|
Net margin
|
-
|
-
|
40.91%
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/27/23
|
8/28/23
|
3/25/24
|
-
|
-
|
Fiscal Period: December |
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
1,276
|
2,371
|
4,034
|
5,505
|
7,289
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
779
|
1,421
|
1,403
|
1,988
|
2,374
|
ROE (net income / shareholders' equity)
|
54.9%
|
40.8%
|
34.7%
|
34.1%
|
32.5%
|
ROA (Net income/ Total Assets)
|
19.2%
|
36.2%
|
30.9%
|
30.6%
|
29.9%
|
Assets
1 |
5,225
|
4,009
|
5,803
|
7,418
|
9,314
|
Book Value Per Share
2 |
3.150
|
4.820
|
5.920
|
7.580
|
9.480
|
Cash Flow per Share
2 |
1.030
|
1.810
|
2.300
|
3.010
|
3.980
|
Capex
1 |
153
|
226
|
189
|
166
|
179
|
Capex / Sales
|
6.46%
|
6.42%
|
4.03%
|
2.76%
|
2.39%
|
Announcement Date
|
3/27/23
|
3/25/24
|
-
|
-
|
-
|
Last Close Price
49.45
HKD Average target price
55.63
HKD Spread / Average Target +12.49% Consensus |
1st Jan change
|
Capi.
|
---|
| +38.90% | 6.38B | | +12.28% | 388B | | +12.61% | 136B | | +16.62% | 76.27B | | -12.57% | 65.56B | | -15.65% | 44.23B | | -10.36% | 36.96B | | +6.37% | 35.04B | | +7.80% | 18.02B | | +12.30% | 15.57B |
Other Personal Products
|