| 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 | 26 949 | 32 932 | 39 685 | 45 473 | 50 401 | 54 147 | | Operating income (EBITDA) | -311 | 1 027 | 1 591 | 1 709 | 1 883 | 2 115 | | Operating profit (EBIT) | -644 | 823 | 1 286 | 1 402 | 1 566 | 1 727 | | Pre-Tax Profit (EBT) | -835 | 613 | 994 | 1 190 | 1 362 | 1 556 | | Net income | -983 | 453 | 911 | 961 | 1 099 | 1 233 | | EPS ( HKD) | -0,92 | 0,42 | 0,69 | 0,73 | 0,83 | 0,94 | | Dividend per Share ( HKD) | - | 0,16 | 0,25 | 0,24 | 0,28 | 0,34 | | Yield | - | 2,76% | 4,28% | 4,23% | 4,81% | 5,95% | | Announcement Date | 02/25/2011 08:47am | 02/27/2012 09:17am | 02/26/2013 08:30am | - | - | - |
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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 | 2 996 | - | - | - | - | - | | Finance | - | 1 117 | 421 | 1 122 | 1 261 | 1 921 | | Operating income (EBITDA) | -311 | 1 027 | 1 591 | 1 709 | 1 883 | 2 115 | Leverage (Debt/EBITDA) | -9,63x | - | - | - | - | - | | Capital Expenditure | 151 | 76,0 | 593 | 722 | 655 | 781 | | Book Value Per Share (BVPS) | 2,89 HKD | 3,30 HKD | 3,61 HKD | 4,24 HKD | 4,91 HKD | 5,52 HKD | | Cash Flow per Share | -1,31 HKD | 1,22 HKD | 1,35 HKD | 0,69 HKD | 0,98 HKD | 0,84 HKD | | Announcement Date | 02/25/2011 08:47am | 02/27/2012 09:17am | 02/26/2013 08:30am | - | - | - |
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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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7,90x |
6,98x |
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Capitalization / Revenue
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0,17x |
0,15x |
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EV / Revenue
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0,14x |
0,13x |
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EV / EBITDA
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3,85x |
3,42x |
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Yield (DPS / Price)
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4,23% |
4,81% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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3,08% |
3,11% |
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operating laverage (Delta EBIT / Delta Sales)
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0,62x |
1,08x |
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Net Margin (Net Profit / Revenue)
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2,11% |
2,18% |
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ROA (Net Profit / Asset)
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3,49% |
3,64% |
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ROE (Net Profit / Equities)
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18,8% |
18,8% |
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Rate of Dividend
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33,4% |
33,6% |
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