Market Closed -
Hong Kong S.E.
04:08:07 2024-07-05 am EDT
|
5-day change
|
1st Jan Change
|
23.25
HKD
|
-0.64%
|
|
+6.90%
|
+78.85%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
517,106
|
269,808
|
292,125
|
438,283
|
589,493
|
1,075,989
|
-
|
-
|
Enterprise Value (EV)
1 |
632,169
|
382,019
|
378,915
|
444,731
|
559,108
|
1,006,474
|
972,594
|
937,571
|
P/E ratio
|
8.45
x
|
10.8
x
|
4.17
x
|
2.91
x
|
4.54
x
|
7.25
x
|
7.12
x
|
7.27
x
|
Yield
|
6.18%
|
6.27%
|
3.72%
|
16.5%
|
10.6%
|
6.03%
|
6.2%
|
6%
|
Capitalization / Revenue
|
2.22
x
|
1.74
x
|
1.19
x
|
1.04
x
|
1.41
x
|
2.47
x
|
2.38
x
|
2.37
x
|
EV / Revenue
|
2.71
x
|
2.46
x
|
1.54
x
|
1.05
x
|
1.34
x
|
2.31
x
|
2.16
x
|
2.06
x
|
EV / EBITDA
|
4.46
x
|
4.31
x
|
2.47
x
|
1.73
x
|
2.36
x
|
3.78
x
|
3.52
x
|
3.36
x
|
EV / FCF
|
14.1
x
|
55.2
x
|
5.79
x
|
-
|
6.29
x
|
8.46
x
|
8.23
x
|
6.91
x
|
FCF Yield
|
7.11%
|
1.81%
|
17.3%
|
-
|
15.9%
|
11.8%
|
12.2%
|
14.5%
|
Price to Book
|
1.15
x
|
0.62
x
|
0.61
x
|
0.69
x
|
0.84
x
|
1.37
x
|
1.23
x
|
1.12
x
|
Nbr of stocks (in thousands)
|
44,647,456
|
44,647,456
|
44,647,456
|
47,566,764
|
47,566,764
|
47,566,764
|
-
|
-
|
Reference price
2 |
11.58
|
6.043
|
6.543
|
8.814
|
11.82
|
21.78
|
21.78
|
21.78
|
Announcement Date
|
3/25/20
|
3/25/21
|
3/30/22
|
3/29/23
|
3/21/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
233,199
|
155,372
|
246,111
|
422,200
|
416,609
|
435,093
|
451,207
|
454,850
|
EBITDA
1 |
141,894
|
88,695
|
153,215
|
256,436
|
236,716
|
266,338
|
276,220
|
278,917
|
EBIT
1 |
84,195
|
36,389
|
95,979
|
194,925
|
167,769
|
192,935
|
201,366
|
194,358
|
Operating Margin
|
36.1%
|
23.42%
|
39%
|
46.17%
|
40.27%
|
44.34%
|
44.63%
|
42.73%
|
Earnings before Tax (EBT)
1 |
85,649
|
34,907
|
95,821
|
194,770
|
172,974
|
204,768
|
219,064
|
226,756
|
Net income
1 |
61,045
|
24,956
|
70,300
|
141,700
|
123,843
|
141,662
|
145,775
|
143,270
|
Net margin
|
26.18%
|
16.06%
|
28.56%
|
33.56%
|
29.73%
|
32.56%
|
32.31%
|
31.5%
|
EPS
2 |
1.370
|
0.5600
|
1.570
|
3.030
|
2.600
|
3.006
|
3.060
|
2.997
|
Free Cash Flow
1 |
44,943
|
6,920
|
65,456
|
-
|
88,868
|
119,035
|
118,228
|
135,598
|
FCF margin
|
19.27%
|
4.45%
|
26.6%
|
-
|
21.33%
|
27.36%
|
26.2%
|
29.81%
|
FCF Conversion (EBITDA)
|
31.67%
|
7.8%
|
42.72%
|
-
|
37.54%
|
44.69%
|
42.8%
|
48.62%
|
FCF Conversion (Net income)
|
73.62%
|
27.73%
|
93.11%
|
-
|
71.76%
|
84.03%
|
81.1%
|
94.65%
|
Dividend per Share
2 |
0.7153
|
0.3792
|
0.2433
|
1.450
|
1.250
|
1.314
|
1.351
|
1.308
|
Announcement Date
|
3/25/20
|
3/25/21
|
3/30/22
|
3/29/23
|
3/21/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
---|
Net sales
1 |
124,319
|
-
|
80,812
|
110,233
|
135,878
|
111,457
|
202,355
|
108,790
|
111,060
|
219,875
|
-
|
94,353
|
192,064
|
114,753
|
109,792
|
224,545
|
111,468
|
112,164
|
197,802
|
112,164
|
134,597
|
208,776
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
40,885
|
15,579
|
-
|
45,449
|
50,530
|
-
|
97,064
|
-
|
43,498
|
96,261
|
-
|
-
|
84,273
|
-
|
-
|
83,496
|
-
|
-
|
93,500
|
-
|
-
|
89,740
|
Operating Margin
|
32.89%
|
-
|
-
|
41.23%
|
37.19%
|
-
|
47.97%
|
-
|
39.17%
|
43.78%
|
-
|
-
|
43.88%
|
-
|
-
|
37.18%
|
-
|
-
|
47.27%
|
-
|
-
|
42.98%
|
Earnings before Tax (EBT)
|
41,607
|
14,946
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
30,792
|
10,383
|
14,573
|
33,329
|
-
|
-
|
71.89
|
-
|
32,932
|
-
|
32,113
|
31,648
|
63,761
|
33,382
|
-
|
-
|
39,719
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
24.77%
|
-
|
18.03%
|
30.24%
|
-
|
-
|
0.04%
|
-
|
29.65%
|
-
|
-
|
33.54%
|
33.2%
|
29.09%
|
-
|
-
|
35.63%
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
0.2300
|
-
|
-
|
-
|
-
|
1.570
|
-
|
0.6900
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
0.1786
|
0.2106
|
-
|
-
|
-
|
0.7000
|
-
|
0.7500
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/25/20
|
8/19/20
|
3/25/21
|
8/19/21
|
3/30/22
|
8/25/22
|
8/25/22
|
10/27/22
|
3/29/23
|
3/29/23
|
4/27/23
|
8/17/23
|
8/17/23
|
10/24/23
|
3/21/24
|
3/21/24
|
4/25/24
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
115,063
|
112,211
|
86,790
|
6,448
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
30,385
|
69,516
|
103,396
|
138,419
|
Leverage (Debt/EBITDA)
|
0.8109
x
|
1.265
x
|
0.5665
x
|
0.0251
x
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
44,943
|
6,920
|
65,456
|
-
|
88,868
|
119,035
|
118,228
|
135,598
|
ROE (net income / shareholders' equity)
|
14.1%
|
5.66%
|
15.4%
|
26%
|
19.6%
|
19.9%
|
18.3%
|
16.3%
|
ROA (Net income/ Total Assets)
|
8.45%
|
3.37%
|
9.33%
|
16.5%
|
12.8%
|
13.6%
|
12.5%
|
11.5%
|
Assets
1 |
722,059
|
739,503
|
753,708
|
857,800
|
967,523
|
1,039,832
|
1,162,621
|
1,244,201
|
Book Value Per Share
2 |
10.00
|
9.710
|
10.80
|
12.80
|
14.00
|
15.90
|
17.70
|
19.50
|
Cash Flow per Share
2 |
2.770
|
1.840
|
3.310
|
4.400
|
4.410
|
4.560
|
4.680
|
4.680
|
Capex
1 |
78,578
|
75,418
|
82,437
|
94,661
|
120,875
|
128,030
|
127,457
|
130,137
|
Capex / Sales
|
33.7%
|
48.54%
|
33.5%
|
22.42%
|
29.01%
|
29.43%
|
28.25%
|
28.61%
|
Announcement Date
|
3/25/20
|
3/25/21
|
3/30/22
|
3/29/23
|
3/21/24
|
-
|
-
|
-
|
Last Close Price
21.78
CNY Average target price
20.59
CNY Spread / Average Target -5.47% Consensus |