Delayed
Hong Kong S.E.
09:42:16 2024-07-04 pm EDT
|
5-day change
|
1st Jan Change
|
2.81
HKD
|
-0.35%
|
|
+4.07%
|
+6.04%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
267,574
|
215,370
|
158,502
|
142,216
|
152,642
|
158,373
|
-
|
-
|
Enterprise Value (EV)
1 |
267,574
|
215,370
|
158,502
|
142,216
|
152,642
|
158,373
|
158,373
|
158,373
|
P/E ratio
|
5.17
x
|
7.32
x
|
5.49
x
|
4.86
x
|
5.19
x
|
5.22
x
|
4.92
x
|
4.61
x
|
Yield
|
5.86%
|
4.1%
|
5.46%
|
6.2%
|
5.78%
|
5.7%
|
5.88%
|
6.07%
|
Capitalization / Revenue
|
1.51
x
|
1.18
x
|
0.96
x
|
1.02
x
|
1.11
x
|
1.16
x
|
1.12
x
|
1.06
x
|
EV / Revenue
|
1.51
x
|
1.18
x
|
0.96
x
|
1.02
x
|
1.11
x
|
1.16
x
|
1.12
x
|
1.06
x
|
EV / EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EV / FCF
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Yield
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Price to Book
|
0.62
x
|
0.5
x
|
0.35
x
|
0.3
x
|
0.31
x
|
0.3
x
|
0.29
x
|
0.27
x
|
Nbr of stocks (in thousands)
|
43,782,419
|
43,782,419
|
43,782,419
|
43,782,419
|
43,782,419
|
43,782,419
|
-
|
-
|
Reference price
2 |
6.310
|
5.200
|
3.900
|
3.450
|
3.740
|
3.850
|
3.850
|
3.850
|
Announcement Date
|
3/30/20
|
3/30/21
|
3/29/22
|
3/27/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
177,745
|
181,807
|
165,554
|
139,219
|
137,391
|
136,663
|
141,387
|
148,900
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
127,729
|
131,322
|
114,373
|
86,617
|
84,584
|
84,198
|
86,144
|
91,435
|
Operating Margin
|
71.86%
|
72.23%
|
69.09%
|
62.22%
|
61.56%
|
61.61%
|
60.93%
|
61.41%
|
Earnings before Tax (EBT)
1 |
64,738
|
36,706
|
35,600
|
37,170
|
37,358
|
37,913
|
39,215
|
43,763
|
Net income
1 |
53,819
|
34,309
|
34,381
|
35,269
|
35,823
|
33,901
|
35,179
|
36,084
|
Net margin
|
30.28%
|
18.87%
|
20.77%
|
25.33%
|
26.07%
|
24.81%
|
24.88%
|
24.23%
|
EPS
2 |
1.220
|
0.7100
|
0.7100
|
0.7100
|
0.7200
|
0.7379
|
0.7819
|
0.8350
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
FCF Conversion (Net income)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
2 |
0.3700
|
0.2130
|
0.2130
|
0.2140
|
0.2160
|
0.2193
|
0.2263
|
0.2336
|
Announcement Date
|
3/30/20
|
3/30/21
|
3/29/22
|
3/27/23
|
3/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
|
90,662
|
96,759
|
-
|
-
|
36,102
|
74,199
|
-
|
-
|
-
|
33,095
|
-
|
34,765
|
31,087
|
-
|
34,273
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
59,870
|
76,100
|
19,060
|
-
|
24,581
|
53,135
|
-
|
-
|
-
|
22,193
|
-
|
20,436
|
16,459
|
-
|
22,973
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
66.04%
|
78.65%
|
-
|
-
|
68.09%
|
71.61%
|
-
|
-
|
-
|
67.06%
|
-
|
58.78%
|
52.94%
|
-
|
67.03%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
26,315
|
33,083
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
8,708
|
-
|
10,886
|
1,725
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
22,196
|
28,453
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
9,545
|
-
|
9,800
|
2,246
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
24.48%
|
29.41%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
28.84%
|
-
|
28.19%
|
7.22%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
1 |
-
|
-
|
-0.0400
|
0.3100
|
0.1800
|
-
|
0.1900
|
0.0300
|
0.3300
|
-
|
0.4600
|
0.2100
|
0.0500
|
0.2600
|
0.3100
|
0.2200
|
0.5400
|
0.2300
|
-0.0500
|
0.3000
|
0.5600
|
0.3200
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/30/20
|
8/28/20
|
3/29/22
|
4/29/22
|
8/26/22
|
8/26/22
|
10/28/22
|
3/27/23
|
4/28/23
|
8/30/23
|
8/30/23
|
10/30/23
|
3/28/24
|
3/28/24
|
4/29/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
ROE (net income / shareholders' equity)
|
12.4%
|
6.81%
|
6.23%
|
6.31%
|
6.1%
|
5.84%
|
5.74%
|
5.88%
|
ROA (Net income/ Total Assets)
|
0.87%
|
0.51%
|
0.5%
|
0.5%
|
0.48%
|
0.48%
|
0.44%
|
0.45%
|
Assets
1 |
6,186,092
|
6,727,255
|
6,945,657
|
7,053,800
|
7,463,125
|
7,008,046
|
7,920,260
|
7,983,198
|
Book Value Per Share
2 |
10.30
|
10.50
|
11.10
|
11.50
|
12.10
|
12.90
|
13.40
|
14.10
|
Cash Flow per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Capex / Sales
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/30/20
|
3/30/21
|
3/29/22
|
3/27/23
|
3/28/24
|
-
|
-
|
-
|
Last Close Price
3.85
CNY Average target price
3.83
CNY Spread / Average Target -0.52% Consensus |
1st Jan change
|
Capi.
|
---|
| +16.28% | 211B | | +4.52% | 75.28B | | +10.44% | 56.81B | | +8.70% | 50.59B | | +31.52% | 46.09B | | +5.51% | 43.33B | | -10.16% | 37.73B | | +10.24% | 35.23B | | -96.60% | 32.24B |
Commercial Banks
|