Financials Hing Ming Holdings Limited

Equities

8425

KYG459051093

Business Support Services

Market Closed - Hong Kong S.E. 04:08:10 2024-06-26 am EDT 5-day change 1st Jan Change
0.051 HKD 0.00% Intraday chart for Hing Ming Holdings Limited -7.27% -70.69%

Valuation

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Capitalization 1 1,144 680 572 116 94.8 56.78
Enterprise Value (EV) 1 1,118 666.7 561 113.2 99.46 59.31
P/E ratio 181 x 616 x 125 x -38.2 x 38.8 x -100 x
Yield - - - - - -
Capitalization / Revenue 23.8 x 12.3 x 10.9 x 1.54 x 0.97 x 0.53 x
EV / Revenue 23.2 x 12.1 x 10.7 x 1.5 x 1.01 x 0.55 x
EV / EBITDA 58.2 x 41.3 x 31 x 8.88 x 4.74 x 3.21 x
EV / FCF -141 x -67.8 x -112 x 10.3 x -4.78 x 4.52 x
FCF Yield -0.71% -1.48% -0.89% 9.71% -20.9% 22.1%
Price to Book 9.64 x 5.68 x 4.6 x 0.96 x 0.76 x 0.49 x
Nbr of stocks (in thousands) 400,000 400,000 400,000 400,000 400,000 376,000
Reference price 2 2.860 1.700 1.430 0.2900 0.2370 0.1510
Announcement Date 6/26/19 6/22/20 6/22/21 6/22/22 6/20/23 6/20/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net sales 1 48.16 55.22 52.36 75.44 98.24 107.8
EBITDA 1 19.2 16.13 18.11 12.74 20.97 18.49
EBIT 1 10.06 7.194 6.699 -0.836 4.99 1.85
Operating Margin 20.88% 13.03% 12.79% -1.11% 5.08% 1.72%
Earnings before Tax (EBT) 1 9.604 6.75 8.504 -1.772 4.304 0.428
Net income 1 6.325 1.104 4.579 -3.035 2.369 -0.568
Net margin 13.13% 2% 8.74% -4.02% 2.41% -0.53%
EPS 2 0.0158 0.002760 0.0114 -0.007587 0.006105 -0.001510
Free Cash Flow 1 -7.954 -9.839 -5.008 10.99 -20.79 13.13
FCF margin -16.52% -17.82% -9.56% 14.56% -21.16% 12.17%
FCF Conversion (EBITDA) - - - 86.27% - 71%
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 6/26/19 6/22/20 6/22/21 6/22/22 6/20/23 6/20/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024
Net Debt 1 - - - - 4.66 2.53
Net Cash position 1 25.6 13.3 11 2.84 - -
Leverage (Debt/EBITDA) - - - - 0.2221 x 0.1368 x
Free Cash Flow 1 -7.95 -9.84 -5.01 11 -20.8 13.1
ROE (net income / shareholders' equity) 5.45% 0.93% 3.75% -2.47% 1.98% -0.48%
ROA (Net income/ Total Assets) 4.6% 3.02% 2.86% -0.33% 1.74% 0.64%
Assets 1 137.6 36.57 160.2 933.6 135.8 -88.38
Book Value Per Share 2 0.3000 0.3000 0.3100 0.3000 0.3100 0.3100
Cash Flow per Share 2 0.0900 0.0600 0.0300 0.0800 0.0400 0.0400
Capex 1 25.4 32.6 18.4 11 37.3 19.6
Capex / Sales 52.83% 59.01% 35.08% 14.52% 38.01% 18.15%
Announcement Date 6/26/19 6/22/20 6/22/21 6/22/22 6/20/23 6/20/24
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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