Market Closed -
Hong Kong S.E.
04:09:05 2024-06-07 am EDT
|
5-day change
|
1st Jan Change
|
30
HKD
|
+0.50%
|
|
-1.80%
|
+34.53%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
29,624
|
33,440
|
91,398
|
66,074
|
42,703
|
56,498
|
-
|
-
|
Enterprise Value (EV)
1 |
20,864
|
29,189
|
84,075
|
59,476
|
36,326
|
50,694
|
50,905
|
49,994
|
P/E ratio
|
11.2
x
|
13.5
x
|
22.6
x
|
19
x
|
9.26
x
|
11
x
|
9.56
x
|
8.23
x
|
Yield
|
1.79%
|
-
|
2.45%
|
1.61%
|
3.85%
|
2.86%
|
3.29%
|
3.87%
|
Capitalization / Revenue
|
1.82
x
|
2.09
x
|
6.04
x
|
3.66
x
|
1.98
x
|
2.21
x
|
1.87
x
|
1.64
x
|
EV / Revenue
|
1.28
x
|
1.82
x
|
5.56
x
|
3.3
x
|
1.68
x
|
1.98
x
|
1.68
x
|
1.45
x
|
EV / EBITDA
|
6.17
x
|
8.83
x
|
31.8
x
|
16.3
x
|
8.67
x
|
11.1
x
|
9.58
x
|
8.29
x
|
EV / FCF
|
19.2
x
|
-270
x
|
71.3
x
|
53.6
x
|
-190
x
|
-48.1
x
|
42.4
x
|
27.6
x
|
FCF Yield
|
5.21%
|
-0.37%
|
1.4%
|
1.87%
|
-0.53%
|
-2.08%
|
2.36%
|
3.63%
|
Price to Book
|
1.35
x
|
1.4
x
|
1.6
x
|
1.4
x
|
0.78
x
|
1
x
|
0.93
x
|
0.83
x
|
Nbr of stocks (in thousands)
|
1,175,477
|
1,175,477
|
1,416,237
|
1,416,237
|
1,416,237
|
1,411,540
|
-
|
-
|
Reference price
2 |
25.20
|
28.45
|
36.79
|
34.22
|
20.27
|
27.69
|
27.69
|
27.69
|
Announcement Date
|
3/27/20
|
3/30/21
|
2/25/22
|
2/27/23
|
2/23/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
16,304
|
16,034
|
15,121
|
18,034
|
21,613
|
25,603
|
30,227
|
34,435
|
EBITDA
1 |
3,381
|
3,304
|
2,643
|
3,656
|
4,188
|
4,568
|
5,316
|
6,034
|
EBIT
1 |
2,901
|
2,778
|
2,101
|
2,931
|
3,331
|
3,672
|
4,290
|
4,911
|
Operating Margin
|
17.79%
|
17.32%
|
13.9%
|
16.25%
|
15.41%
|
14.34%
|
14.19%
|
14.26%
|
Earnings before Tax (EBT)
1 |
2,933
|
2,837
|
2,123
|
2,942
|
3,373
|
3,940
|
4,557
|
5,227
|
Net income
1 |
2,659
|
2,475
|
2,018
|
2,556
|
3,106
|
3,561
|
4,115
|
4,711
|
Net margin
|
16.31%
|
15.44%
|
13.34%
|
14.17%
|
14.37%
|
13.91%
|
13.61%
|
13.68%
|
EPS
2 |
2.260
|
2.110
|
1.630
|
1.800
|
2.190
|
2.512
|
2.898
|
3.362
|
Free Cash Flow
1 |
1,087
|
-108
|
1,179
|
1,110
|
-191
|
-1,054
|
1,200
|
1,814
|
FCF margin
|
6.67%
|
-0.67%
|
7.8%
|
6.16%
|
-0.88%
|
-4.11%
|
3.97%
|
5.27%
|
FCF Conversion (EBITDA)
|
32.17%
|
-
|
44.6%
|
30.36%
|
-
|
-
|
22.56%
|
30.06%
|
FCF Conversion (Net income)
|
40.89%
|
-
|
58.43%
|
43.44%
|
-
|
-
|
29.15%
|
38.5%
|
Dividend per Share
2 |
0.4500
|
-
|
0.9000
|
0.5500
|
0.7800
|
0.7923
|
0.9109
|
1.071
|
Announcement Date
|
3/27/20
|
3/30/21
|
2/25/22
|
2/27/23
|
2/23/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
---|
Net sales
1 |
-
|
6,595
|
2,545
|
3,982
|
-
|
4,349
|
7,158
|
3,085
|
5,485
|
5,525
|
7,518
|
13,043
|
3,925
|
6,307
|
6,630
|
8,997
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
793.1
|
380.8
|
614.7
|
-
|
833.8
|
1,102
|
467.8
|
577.8
|
1,025
|
1,095
|
-
|
616
|
725.4
|
961.4
|
1,052
|
Operating Margin
|
-
|
12.03%
|
14.96%
|
15.43%
|
-
|
19.17%
|
15.4%
|
15.16%
|
10.54%
|
18.55%
|
14.57%
|
-
|
15.7%
|
11.5%
|
14.5%
|
11.7%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
688.2
|
-
|
-
|
530
|
871
|
-
|
993.2
|
-
|
-
|
-
|
1,053
|
1,952
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
13.31%
|
-
|
-
|
13.87%
|
-
|
-
|
-
|
14%
|
14.96%
|
-
|
-
|
-
|
-
|
EPS
2 |
0.5900
|
0.6100
|
0.2400
|
0.3700
|
-
|
0.4900
|
0.7000
|
0.3100
|
0.5000
|
0.6400
|
0.7400
|
-
|
0.4000
|
0.5450
|
0.7550
|
0.8750
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/26/20
|
2/25/22
|
4/26/22
|
8/26/22
|
8/26/22
|
10/16/22
|
2/27/23
|
4/28/23
|
8/22/23
|
10/26/23
|
2/23/24
|
2/23/24
|
4/25/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
8,760
|
4,251
|
7,323
|
6,597
|
6,377
|
5,803
|
5,593
|
6,504
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
1,087
|
-108
|
1,179
|
1,110
|
-191
|
-1,054
|
1,200
|
1,814
|
ROE (net income / shareholders' equity)
|
12.7%
|
10.8%
|
7.15%
|
7.61%
|
8.7%
|
9.37%
|
9.91%
|
10.4%
|
ROA (Net income/ Total Assets)
|
8.58%
|
7.41%
|
5.17%
|
5.52%
|
6.09%
|
6.23%
|
6.54%
|
7%
|
Assets
1 |
31,010
|
33,407
|
39,008
|
46,330
|
50,957
|
57,152
|
62,908
|
67,273
|
Book Value Per Share
2 |
18.60
|
20.30
|
23.00
|
24.40
|
26.00
|
27.80
|
29.80
|
33.30
|
Cash Flow per Share
2 |
1.560
|
1.490
|
1.740
|
1.440
|
1.960
|
3.730
|
5.950
|
4.770
|
Capex
1 |
751
|
1,842
|
971
|
931
|
2,973
|
2,479
|
2,188
|
2,136
|
Capex / Sales
|
4.6%
|
11.49%
|
6.42%
|
5.16%
|
13.76%
|
9.68%
|
7.24%
|
6.2%
|
Announcement Date
|
3/27/20
|
3/30/21
|
2/25/22
|
2/27/23
|
2/23/24
|
-
|
-
|
-
|
Last Close Price
27.69
CNY Average target price
35.16
CNY Spread / Average Target +26.98% Consensus |
1st Jan change
|
Capi.
|
---|
| +34.53% | 7.8B | | +70.82% | 28.98B | | +72.70% | 20.28B | | +46.03% | 12.01B | | +20.25% | 8.97B | | -5.52% | 7.26B | | +110.09% | 5.55B | | +47.06% | 5.13B | | +45.58% | 4.5B | | +159.84% | 4.09B |
Other Heavy Electrical Equipment
|