Market Closed -
Hong Kong S.E.
04:08:05 2024-05-31 am EDT
|
5-day change
|
1st Jan Change
|
23.85
HKD
|
+0.42%
|
|
-4.02%
|
+23.45%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
26,929
|
36,000
|
28,154
|
29,460
|
28,026
|
35,251
|
-
|
-
|
Enterprise Value (EV)
1 |
26,412
|
33,185
|
19,885
|
24,460
|
22,836
|
29,155
|
27,909
|
26,174
|
P/E ratio
|
15.3
x
|
15
x
|
9.24
x
|
13
x
|
11.3
x
|
12.2
x
|
10.8
x
|
9.72
x
|
Yield
|
2.13%
|
6.09%
|
4.38%
|
2.61%
|
3.46%
|
3.16%
|
3.53%
|
3.91%
|
Capitalization / Revenue
|
2.75
x
|
3.05
x
|
1.76
x
|
2.39
x
|
2.14
x
|
2.37
x
|
2.14
x
|
1.93
x
|
EV / Revenue
|
2.69
x
|
2.81
x
|
1.24
x
|
1.99
x
|
1.75
x
|
1.96
x
|
1.69
x
|
1.43
x
|
EV / EBITDA
|
10.8
x
|
10.4
x
|
5.07
x
|
8.17
x
|
7.18
x
|
8.07
x
|
6.79
x
|
5.77
x
|
EV / FCF
|
11.5
x
|
14.1
x
|
8.74
x
|
78
x
|
25.4
x
|
15.8
x
|
12.3
x
|
8.95
x
|
FCF Yield
|
8.7%
|
7.09%
|
11.4%
|
1.28%
|
3.94%
|
6.34%
|
8.15%
|
11.2%
|
Price to Book
|
2.05
x
|
2.44
x
|
1.77
x
|
1.73
x
|
1.49
x
|
1.71
x
|
1.56
x
|
1.43
x
|
Nbr of stocks (in thousands)
|
1,596,000
|
1,596,000
|
1,596,000
|
1,596,000
|
1,596,000
|
1,596,000
|
-
|
-
|
Reference price
2 |
16.87
|
22.56
|
17.64
|
18.46
|
17.56
|
22.09
|
22.09
|
22.09
|
Announcement Date
|
3/16/20
|
3/22/21
|
3/22/22
|
3/20/23
|
3/18/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
9,810
|
11,800
|
16,018
|
12,308
|
13,069
|
14,858
|
16,487
|
18,257
|
EBITDA
1 |
2,441
|
3,189
|
3,922
|
2,993
|
3,179
|
3,612
|
4,108
|
4,538
|
EBIT
1 |
2,143
|
2,873
|
3,597
|
2,632
|
2,788
|
3,143
|
3,578
|
3,984
|
Operating Margin
|
21.85%
|
24.35%
|
22.45%
|
21.39%
|
21.33%
|
21.15%
|
21.7%
|
21.82%
|
Earnings before Tax (EBT)
1 |
2,184
|
2,970
|
3,769
|
2,779
|
3,037
|
3,531
|
3,995
|
4,487
|
Net income
1 |
1,751
|
2,388
|
3,052
|
2,265
|
2,492
|
2,882
|
3,250
|
3,626
|
Net margin
|
17.84%
|
20.24%
|
19.05%
|
18.4%
|
19.06%
|
19.4%
|
19.71%
|
19.86%
|
EPS
2 |
1.100
|
1.500
|
1.910
|
1.420
|
1.560
|
1.807
|
2.036
|
2.271
|
Free Cash Flow
1 |
2,298
|
2,352
|
2,276
|
313.6
|
898.7
|
1,848
|
2,275
|
2,923
|
FCF margin
|
23.43%
|
19.94%
|
14.21%
|
2.55%
|
6.88%
|
12.44%
|
13.8%
|
16.01%
|
FCF Conversion (EBITDA)
|
94.17%
|
73.77%
|
58.03%
|
10.48%
|
28.27%
|
51.17%
|
55.38%
|
64.41%
|
FCF Conversion (Net income)
|
131.3%
|
98.51%
|
74.58%
|
13.85%
|
36.07%
|
64.14%
|
70%
|
80.62%
|
Dividend per Share
2 |
0.3600
|
1.374
|
0.7727
|
0.4823
|
0.6075
|
0.6970
|
0.7804
|
0.8639
|
Announcement Date
|
3/16/20
|
3/22/21
|
3/22/22
|
3/20/23
|
3/18/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
4,801
|
5,016
|
6,784
|
8,226
|
7,792
|
6,510
|
5,799
|
6,380
|
6,689
|
7,656
|
8,099
|
EBITDA
|
994.9
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
838.4
|
-
|
-
|
1,737
|
1,733
|
1,076
|
1,278
|
1,039
|
1,426
|
1,378
|
1,531
|
Operating Margin
|
17.46%
|
-
|
-
|
21.12%
|
22.24%
|
16.53%
|
22.04%
|
16.29%
|
21.31%
|
18%
|
18.91%
|
Earnings before Tax (EBT)
|
1,053
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
842.5
|
1,028
|
-
|
-
|
1,468
|
1,172
|
1,092
|
-
|
-
|
-
|
-
|
Net margin
|
17.55%
|
20.5%
|
-
|
-
|
18.84%
|
18.01%
|
18.84%
|
-
|
-
|
-
|
-
|
EPS
2 |
0.5300
|
0.6400
|
0.8600
|
0.9900
|
0.9200
|
0.7300
|
0.6900
|
0.7700
|
0.7900
|
0.9200
|
0.9900
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/16/20
|
8/17/20
|
3/22/21
|
8/10/21
|
3/22/22
|
8/15/22
|
3/20/23
|
8/21/23
|
3/18/24
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
516
|
2,814
|
8,269
|
5,000
|
5,190
|
6,096
|
7,342
|
9,076
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
2,298
|
2,352
|
2,276
|
314
|
899
|
1,849
|
2,275
|
2,923
|
ROE (net income / shareholders' equity)
|
14%
|
17.1%
|
19.9%
|
13.7%
|
13.9%
|
14.2%
|
14.5%
|
14.8%
|
ROA (Net income/ Total Assets)
|
9.19%
|
11.2%
|
12.3%
|
8.72%
|
9.08%
|
8.64%
|
9.02%
|
8.77%
|
Assets
1 |
19,048
|
21,348
|
24,772
|
25,972
|
27,443
|
33,354
|
36,029
|
41,356
|
Book Value Per Share
2 |
8.220
|
9.260
|
9.980
|
10.70
|
11.80
|
12.90
|
14.10
|
15.40
|
Cash Flow per Share
2 |
1.710
|
2.050
|
1.960
|
1.120
|
1.260
|
1.820
|
2.090
|
2.480
|
Capex
1 |
431
|
926
|
848
|
1,467
|
1,114
|
1,165
|
1,203
|
1,111
|
Capex / Sales
|
4.4%
|
7.85%
|
5.29%
|
11.92%
|
8.52%
|
7.84%
|
7.3%
|
6.09%
|
Announcement Date
|
3/16/20
|
3/22/21
|
3/22/22
|
3/20/23
|
3/18/24
|
-
|
-
|
-
|
Last Close Price
22.09
CNY Average target price
25.22
CNY Spread / Average Target +14.20% Consensus |
1st Jan change
|
Capi.
|
---|
| +23.45% | 4.87B | | -11.14% | 13.44B | | +1.43% | 5.06B | | -5.55% | 4.93B | | +12.70% | 4.32B | | -21.91% | 4.29B | | +46.61% | 3.9B | | +11.62% | 3.87B | | +2.03% | 3.36B | | -2.22% | 3.21B |
Industrial Machinery
|