| Income Statement Evolution | |
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| Annual Income Statement Data |
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Actuals in M HKD |
Estimates in M HKD |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Sales | 6 348 | 6 592 | 17 176 | 20 692 | 26 182 | 28 578 | | Operating income (EBITDA) | 3 650 | 4 986 | 6 022 | 7 452 | 9 214 | 10 663 | | Operating profit (EBIT) | 3 430 | 4 762 | 5 792 | 7 264 | 8 815 | 10 319 | | Pre-Tax Profit (EBT) | 3 064 | 4 097 | 6 723 | 6 144 | 7 785 | 8 780 | | Net income | 1 714 | 2 344 | 3 378 | 3 139 | 3 891 | 3 037 | | EPS ( HKD) | 0,18 | 0,22 | 0,31 | 0,33 | 0,41 | 0,44 | | Dividend per Share ( HKD) | 0,03 | 0,04 | 0,07 | 0,08 | 0,10 | 0,12 | | Yield | 0,86% | 1,38% | 2,41% | 2,79% | 3,56% | 4,03% | | Announcement Date | 03/17/2011 09:51am | 03/21/2012 08:16am | 03/25/2013 08:16am | - | - | - |
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Actuals in M HKD |
Estimates in M HKD |
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Fiscal Period December |
2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| Debt | 7 006 | 12 976 | 15 387 | 16 033 | 18 468 | 31 622 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | 3 650 | 4 986 | 6 022 | 7 452 | 9 214 | 10 663 | Leverage (Debt/EBITDA) | 1,92x | 2,60x | 2,56x | 2,15x | 2,00x | 2,97x | | Capital Expenditure | 118 | 207 | 310 | 424 | 538 | 632 | | Book Value Per Share (BVPS) | 2,52 HKD | 2,86 HKD | 3,15 HKD | 3,42 HKD | 3,76 HKD | 4,16 HKD | | Cash Flow per Share | 0,10 HKD | -0,71 HKD | 0,08 HKD | -0,01 HKD | 0,33 HKD | 0,51 HKD | | Announcement Date | 03/17/2011 09:51am | 03/21/2012 08:16am | 03/25/2013 08:16am | - | - | - |
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Assessed data source : © 2013 Thomson Reuters |
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Valuation |
2013e |
2014e |
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PER (Price / EPS)
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8,85x |
7,11x |
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Capitalization / Revenue
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1,28x |
1,01x |
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EV / Revenue
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2,06x |
1,72x |
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EV / EBITDA
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5,72x |
4,89x |
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Yield (DPS / Price)
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2,79% |
3,56% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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35,1% |
33,7% |
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operating laverage (Delta EBIT / Delta Sales)
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1,24x |
0,80x |
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Net Margin (Net Profit / Revenue)
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15,2% |
14,9% |
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ROA (Net Profit / Asset)
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4,08% |
4,36% |
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ROE (Net Profit / Equities)
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10,2% |
11,1% |
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Rate of Dividend
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24,7% |
25,3% |
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