Market Closed -
Hong Kong S.E.
04:08:05 2024-05-31 am EDT
|
5-day change
|
1st Jan Change
|
9.88
HKD
|
-2.37%
|
|
-4.63%
|
-32.42%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
44,634
|
43,655
|
34,680
|
41,558
|
24,745
|
16,657
|
-
|
-
|
Enterprise Value (EV)
1 |
43,995
|
42,609
|
32,849
|
39,324
|
21,935
|
13,385
|
12,908
|
12,205
|
P/E ratio
|
49.8
x
|
84.9
x
|
36.5
x
|
45.6
x
|
29.2
x
|
16.2
x
|
14.2
x
|
12.9
x
|
Yield
|
0.78%
|
0.86%
|
1.15%
|
1.2%
|
2.83%
|
3.96%
|
4.47%
|
4.86%
|
Capitalization / Revenue
|
6.82
x
|
7.81
x
|
5.11
x
|
6.42
x
|
3.61
x
|
2.33
x
|
2.18
x
|
2.06
x
|
EV / Revenue
|
6.72
x
|
7.63
x
|
4.84
x
|
6.07
x
|
3.2
x
|
1.87
x
|
1.69
x
|
1.51
x
|
EV / EBITDA
|
20.7
x
|
26.9
x
|
15.4
x
|
20.4
x
|
10.8
x
|
6.22
x
|
5.46
x
|
4.83
x
|
EV / FCF
|
57.3
x
|
53.7
x
|
25.3
x
|
36.3
x
|
16.7
x
|
10.8
x
|
9.38
x
|
7.22
x
|
FCF Yield
|
1.75%
|
1.86%
|
3.95%
|
2.75%
|
5.99%
|
9.29%
|
10.7%
|
13.8%
|
Price to Book
|
4.55
x
|
4.09
x
|
3.15
x
|
3.86
x
|
2.29
x
|
1.49
x
|
1.44
x
|
1.41
x
|
Nbr of stocks (in thousands)
|
13,220,397
|
13,220,507
|
13,220,535
|
13,219,913
|
13,216,580
|
13,184,044
|
-
|
-
|
Reference price
2 |
3.376
|
3.302
|
2.623
|
3.144
|
1.872
|
1.263
|
1.263
|
1.263
|
Announcement Date
|
2/26/20
|
2/24/21
|
2/23/22
|
3/1/23
|
2/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
6,546
|
5,588
|
6,788
|
6,478
|
6,856
|
7,162
|
7,638
|
8,078
|
EBITDA
1 |
2,121
|
1,584
|
2,139
|
1,932
|
2,023
|
2,151
|
2,363
|
2,524
|
EBIT
1 |
1,466
|
937
|
1,427
|
1,261
|
1,369
|
1,504
|
1,697
|
1,855
|
Operating Margin
|
22.4%
|
16.77%
|
21.02%
|
19.47%
|
19.97%
|
21%
|
22.22%
|
22.96%
|
Earnings before Tax (EBT)
1 |
1,367
|
908
|
1,413
|
1,283
|
1,327
|
1,532
|
1,737
|
1,912
|
Net income
1 |
898
|
514
|
950
|
913
|
852
|
1,032
|
1,177
|
1,293
|
Net margin
|
13.72%
|
9.2%
|
14%
|
14.09%
|
12.43%
|
14.41%
|
15.41%
|
16.01%
|
EPS
2 |
0.0678
|
0.0389
|
0.0719
|
0.0690
|
0.0642
|
0.0778
|
0.0888
|
0.0977
|
Free Cash Flow
1 |
768
|
793
|
1,297
|
1,083
|
1,313
|
1,244
|
1,376
|
1,690
|
FCF margin
|
11.73%
|
14.19%
|
19.11%
|
16.72%
|
19.15%
|
17.37%
|
18.01%
|
20.92%
|
FCF Conversion (EBITDA)
|
36.21%
|
50.06%
|
60.64%
|
56.06%
|
64.9%
|
57.82%
|
58.22%
|
66.94%
|
FCF Conversion (Net income)
|
85.52%
|
154.28%
|
136.53%
|
118.62%
|
154.11%
|
120.56%
|
116.89%
|
130.67%
|
Dividend per Share
2 |
0.0263
|
0.0283
|
0.0302
|
0.0378
|
0.0529
|
0.0500
|
0.0564
|
0.0614
|
Announcement Date
|
2/26/20
|
2/24/21
|
2/23/22
|
3/1/23
|
2/28/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020 S1
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
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
|
2025 Q1
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
2,575
|
1,882
|
1,429
|
1,632
|
1,821
|
3,453
|
1,860
|
1,165
|
3,025
|
1,702
|
1,964
|
3,666
|
1,897
|
1,293
|
3,190
|
1,643
|
1,904
|
3,666
|
2,000
|
1,389
|
3,483
|
-
|
3,976
|
3,719
|
EBITDA
1 |
694
|
623
|
361
|
570
|
569
|
-
|
593
|
200
|
793
|
580
|
593
|
1,173
|
584
|
266
|
-
|
572
|
606.7
|
-
|
645.5
|
300.5
|
-
|
-
|
-
|
-
|
EBIT
1 |
383
|
450
|
182
|
394
|
397
|
791
|
429
|
41
|
470
|
418
|
432
|
850
|
417
|
102
|
519
|
408
|
456.5
|
-
|
485.2
|
137.6
|
-
|
-
|
-
|
-
|
Operating Margin
|
14.87%
|
23.91%
|
12.74%
|
24.14%
|
21.8%
|
22.91%
|
23.06%
|
3.52%
|
15.54%
|
24.56%
|
22%
|
23.19%
|
21.98%
|
7.89%
|
16.27%
|
24.83%
|
23.98%
|
-
|
24.26%
|
9.9%
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
1 |
-
|
461
|
176
|
393
|
413
|
806
|
440
|
37
|
477
|
420
|
443
|
863
|
431
|
33
|
464
|
410
|
430
|
-
|
475
|
125
|
-
|
-
|
-
|
-
|
Net income
1 |
185
|
348
|
99
|
302
|
323
|
625
|
300
|
-12
|
288
|
297
|
278
|
575
|
300
|
-23
|
277
|
287
|
288.1
|
-
|
310.7
|
111.1
|
-
|
-
|
-
|
-
|
Net margin
|
7.18%
|
18.49%
|
6.93%
|
18.5%
|
17.74%
|
18.1%
|
16.13%
|
-1.03%
|
9.52%
|
17.45%
|
14.15%
|
15.68%
|
15.81%
|
-1.78%
|
8.68%
|
17.47%
|
15.13%
|
-
|
15.54%
|
8%
|
-
|
-
|
-
|
-
|
EPS
2 |
-
|
0.0263
|
0.007600
|
0.0228
|
0.0245
|
-
|
0.0226
|
-0.000900
|
-
|
0.0224
|
0.0209
|
0.0433
|
0.0226
|
-0.001700
|
0.0209
|
0.0216
|
0.0200
|
0.0400
|
0.0250
|
0.0125
|
0.0400
|
-
|
0.0500
|
0.0300
|
Dividend per Share
2 |
-
|
-
|
0.0302
|
-
|
-
|
-
|
-
|
0.0378
|
-
|
-
|
-
|
-
|
-
|
0.0529
|
0.0529
|
0.0148
|
0.0140
|
-
|
0.0140
|
0.0140
|
-
|
0.0152
|
-
|
-
|
Announcement Date
|
7/29/20
|
10/27/21
|
2/23/22
|
5/4/22
|
7/27/22
|
7/27/22
|
10/26/22
|
3/1/23
|
3/1/23
|
5/3/23
|
8/2/23
|
8/2/23
|
10/30/23
|
2/28/24
|
2/28/24
|
5/7/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
639
|
1,046
|
1,831
|
2,234
|
2,810
|
3,272
|
3,749
|
4,452
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
768
|
793
|
1,297
|
1,083
|
1,313
|
1,244
|
1,376
|
1,690
|
ROE (net income / shareholders' equity)
|
8.98%
|
5.01%
|
8.76%
|
8.39%
|
7.91%
|
9.37%
|
10.2%
|
10.8%
|
ROA (Net income/ Total Assets)
|
5.76%
|
3.26%
|
5.79%
|
5.6%
|
5.29%
|
6.14%
|
6.79%
|
7.17%
|
Assets
1 |
15,585
|
15,749
|
16,407
|
16,311
|
16,115
|
16,799
|
17,331
|
18,040
|
Book Value Per Share
2 |
0.7400
|
0.8100
|
0.8300
|
0.8100
|
0.8200
|
0.8500
|
0.8800
|
0.9000
|
Cash Flow per Share
2 |
0.1200
|
0.1000
|
0.1400
|
0.1200
|
0.1400
|
0.1400
|
0.1500
|
0.1600
|
Capex
1 |
611
|
508
|
606
|
494
|
498
|
521
|
542
|
537
|
Capex / Sales
|
9.33%
|
9.09%
|
8.93%
|
7.63%
|
7.26%
|
7.27%
|
7.09%
|
6.65%
|
Announcement Date
|
2/26/20
|
2/24/21
|
2/23/22
|
3/1/23
|
2/28/24
|
-
|
-
|
-
|
Last Close Price
1.263
USD Average target price
2.034
USD Spread / Average Target +61.02% Consensus |
1st Jan change
|
Capi.
|
---|
| -32.42% | 16.66B | | -1.37% | 127B | | -0.07% | 56.14B | | +3.51% | 45.78B | | -15.80% | 34.73B | | -1.96% | 23.04B | | +9.71% | 18.64B | | +9.19% | 18.5B | | -8.33% | 13.01B | | +5.44% | 12.23B |
Other Brewers
|