Financials Asiasec Properties Limited

Equities

271

HK0271007608

Real Estate Development & Operations

Market Closed - Hong Kong S.E. 04:08:16 2024-05-02 am EDT 5-day change 1st Jan Change
0.21 HKD +8.25% Intraday chart for Asiasec Properties Limited +22.81% +11.70%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 4,257 1,775 1,402 732 421.8 233.2
Enterprise Value (EV) 1 4,066 1,575 1,154 569.3 239 628.8
P/E ratio 37.8 x 30.6 x -24.8 x -0.47 x -9.65 x 0.88 x
Yield 2.92% 1.75% - - - -
Capitalization / Revenue 37.1 x 27.3 x -78.9 x 19.6 x 10.7 x 4.83 x
EV / Revenue 35.4 x 24.3 x -64.9 x 15.2 x 6.09 x 13 x
EV / EBITDA 48.4 x 47.3 x -21.3 x 1,522 x 77.9 x 47.3 x
EV / FCF 40.6 x 9.57 x -13.3 x 6.93 x 34.6 x 33.9 x
FCF Yield 2.46% 10.5% -7.5% 14.4% 2.89% 2.95%
Price to Book 0.94 x 0.4 x 0.32 x 0.46 x 0.27 x 0.13 x
Nbr of stocks (in thousands) 1,241,055 1,241,055 1,240,669 1,240,669 1,240,669 1,240,669
Reference price 2 3.430 1.430 1.130 0.5900 0.3400 0.1880
Announcement Date 4/9/19 4/9/20 4/14/21 4/20/22 4/19/23 4/24/24
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 114.8 64.91 -17.78 37.4 39.24 48.32
EBITDA 1 83.98 33.31 -54.26 0.374 3.07 13.29
EBIT 1 83.53 33.23 -54.36 0.202 2.872 13.15
Operating Margin 72.79% 51.19% 305.76% 0.54% 7.32% 27.22%
Earnings before Tax (EBT) 1 118.6 61.67 -53.79 -1,565 -44.29 269.1
Net income 1 112.7 58.01 -56.65 -1,563 -43.7 265
Net margin 98.25% 89.37% 318.65% -4,178.95% -111.36% 548.44%
EPS 2 0.0908 0.0467 -0.0457 -1.260 -0.0352 0.2136
Free Cash Flow 1 100.1 164.6 -86.49 82.15 6.914 18.56
FCF margin 87.24% 253.64% 486.48% 219.64% 17.62% 38.42%
FCF Conversion (EBITDA) 119.21% 494.24% - 21,965.84% 225.21% 139.65%
FCF Conversion (Net income) 88.8% 283.8% - - - 7.01%
Dividend per Share 2 0.1000 0.0250 - - - -
Announcement Date 4/9/19 4/9/20 4/14/21 4/20/22 4/19/23 4/24/24
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - 396
Net Cash position 1 191 200 248 163 183 -
Leverage (Debt/EBITDA) - - - - - 29.76 x
Free Cash Flow 1 100 165 -86.5 82.2 6.91 18.6
ROE (net income / shareholders' equity) 2.45% 1.3% -1.29% -52.5% -2.77% 15.7%
ROA (Net income/ Total Assets) 1.09% 0.44% -0.74% 0% 0.1% 0.38%
Assets 1 10,377 13,096 7,674 -40,078,256 -43,013 70,050
Book Value Per Share 2 3.630 3.570 3.500 1.290 1.250 1.470
Cash Flow per Share 2 0.1600 0.1700 0.1500 0.1000 0.1200 0.1100
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 4/9/19 4/9/20 4/14/21 4/20/22 4/19/23 4/24/24
1HKD in Million2HKD
Estimates
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