| 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 | 19 375 | 22 427 | 24 923 | 29 159 | 32 654 | 35 876 | | Operating income (EBITDA) | 8 950 | 10 132 | 7 569 | 9 415 | 10 335 | 10 814 | | Operating profit (EBIT) | 7 798 | 8 821 | 6 104 | 7 874 | 8 655 | 9 375 | | Pre-Tax Profit (EBT) | 7 087 | 8 069 | 9 901 | 9 777 | 10 664 | 11 182 | | Net income | 5 585 | 6 150 | 7 728 | 7 333 | 7 955 | 8 454 | | EPS ( HKD) | 0,64 | 0,71 | 0,89 | 0,81 | 0,91 | 0,97 | | Dividend per Share ( HKD) | 0,29 | 0,32 | 0,35 | 0,40 | 0,44 | 0,47 | | Yield | 1,26% | 1,38% | 1,52% | 1,73% | 1,90% | 2,05% | | Announcement Date | 03/24/2011 11:28pm | 03/19/2012 10:08am | 03/18/2013 09:16am | - | - | - |
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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 | 12 032 | 14 607 | 19 574 | 16 009 | 15 422 | 15 849 | | Finance | - | - | - | - | - | - | | Operating income (EBITDA) | 8 950 | 10 132 | 7 569 | 9 415 | 10 335 | 10 814 | Leverage (Debt/EBITDA) | 1,34x | 1,44x | 2,59x | 1,70x | 1,49x | 1,47x | | Capital Expenditure | 4 200 | 4 579 | 5 816 | 3 983 | 3 631 | 3 661 | | Book Value Per Share (BVPS) | 4,31 HKD | 4,78 HKD | 5,22 HKD | 5,63 HKD | 6,04 HKD | 6,44 HKD | | Cash Flow per Share | 0,60 HKD | 0,57 HKD | 0,77 HKD | 0,88 HKD | 0,89 HKD | 0,88 HKD | | Announcement Date | 03/24/2011 11:28pm | 03/19/2012 10:08am | 03/18/2013 09:16am | - | - | - |
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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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28,2x |
25,3x |
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Capitalization / Revenue
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6,86x |
6,12x |
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EV / Revenue
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7,41x |
6,60x |
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EV / EBITDA
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22,9x |
20,8x |
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Yield (DPS / Price)
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1,73% |
1,90% |
| Profitability |
2013e |
2014e |
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Operating Margin (EBIT / Sales)
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27,0% |
26,5% |
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operating laverage (Delta EBIT / Delta Sales)
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1,71x |
0,83x |
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Net Margin (Net Profit / Revenue)
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25,1% |
24,4% |
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ROA (Net Profit / Asset)
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7,89% |
7,89% |
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ROE (Net Profit / Equities)
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15,6% |
15,7% |
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Rate of Dividend
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49,0% |
48,1% |
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