Market Closed -
Hong Kong S.E.
04:08:20 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
2.5
HKD
|
+3.31%
|
|
+8.23%
|
+9.17%
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Capitalization
1 |
31,602
|
30,897
|
24,936
|
17,798
|
23,093
|
10,597
|
10,597
|
-
|
Enterprise Value (EV)
1 |
34,702
|
32,646
|
29,287
|
23,524
|
31,278
|
9,531
|
19,183
|
16,161
|
P/E ratio
|
11.1
x
|
12.3
x
|
-12.4
x
|
-8.45
x
|
-6.55
x
|
-5.63
x
|
-50.8
x
|
12.3
x
|
Yield
|
3.64%
|
3.6%
|
-
|
-
|
-
|
-
|
-
|
1.64%
|
Capitalization / Revenue
|
2.81
x
|
2.86
x
|
6.95
x
|
5.32
x
|
10.4
x
|
2.09
x
|
1.73
x
|
1.42
x
|
EV / Revenue
|
3.08
x
|
3.02
x
|
8.16
x
|
7.03
x
|
14
x
|
2.09
x
|
3.13
x
|
2.16
x
|
EV / EBITDA
|
6.41
x
|
6.8
x
|
-32.6
x
|
-20
x
|
-15.6
x
|
48.9
x
|
11.3
x
|
5.74
x
|
EV / FCF
|
13.5
x
|
10.4
x
|
-14
x
|
-16.8
x
|
-15.8
x
|
-11.7
x
|
17.6
x
|
7.04
x
|
FCF Yield
|
7.38%
|
9.58%
|
-7.14%
|
-5.96%
|
-6.33%
|
-8.55%
|
5.69%
|
14.2%
|
Price to Book
|
1.35
x
|
1.24
x
|
1.12
x
|
0.88
x
|
1.39
x
|
0.7
x
|
0.72
x
|
0.67
x
|
Nbr of stocks (in thousands)
|
4,330,890
|
4,579,179
|
4,579,179
|
4,579,179
|
4,579,179
|
4,579,179
|
4,579,179
|
-
|
Reference price
2 |
7.297
|
6.747
|
5.445
|
3.887
|
5.043
|
2.314
|
2.314
|
2.314
|
Announcement Date
|
3/27/19
|
3/26/20
|
3/24/21
|
3/24/22
|
3/30/23
|
3/27/24
|
-
|
-
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net sales
1 |
11,263
|
10,810
|
3,587
|
3,345
|
2,231
|
4,559
|
6,129
|
7,479
|
EBITDA
1 |
5,412
|
4,804
|
-898.7
|
-1,174
|
-2,004
|
195.1
|
1,696
|
2,815
|
EBIT
1 |
4,043
|
3,400
|
-2,382
|
-2,747
|
-3,658
|
-1,413
|
407.2
|
1,436
|
Operating Margin
|
35.89%
|
31.45%
|
-66.39%
|
-82.13%
|
-163.95%
|
-30.99%
|
6.64%
|
19.21%
|
Earnings before Tax (EBT)
1 |
3,829
|
3,229
|
-2,710
|
-2,820
|
-4,002
|
-1,719
|
-116.3
|
995.8
|
Net income
1 |
2,872
|
2,419
|
-2,035
|
-2,117
|
-3,527
|
-1,697
|
-233.9
|
863.1
|
Net margin
|
25.5%
|
22.38%
|
-56.72%
|
-63.28%
|
-158.08%
|
-37.22%
|
-3.82%
|
11.54%
|
EPS
2 |
0.6600
|
0.5500
|
-0.4400
|
-0.4600
|
-0.7700
|
-0.3700
|
-0.0455
|
0.1888
|
Free Cash Flow
1 |
2,562
|
3,128
|
-2,092
|
-1,402
|
-1,981
|
-1,629
|
1,092
|
2,294
|
FCF margin
|
22.74%
|
28.93%
|
-58.32%
|
-41.91%
|
-88.78%
|
-34.85%
|
17.82%
|
30.67%
|
FCF Conversion (EBITDA)
|
47.33%
|
65.11%
|
-
|
-
|
-
|
-
|
64.4%
|
81.48%
|
FCF Conversion (Net income)
|
89.19%
|
129.28%
|
-
|
-
|
-
|
-
|
-
|
265.77%
|
Dividend per Share
2 |
0.2653
|
0.2427
|
-
|
-
|
-
|
-
|
-
|
0.0379
|
Announcement Date
|
3/27/19
|
3/26/20
|
3/24/21
|
3/24/22
|
3/30/23
|
3/27/24
|
-
|
-
|
Fiscal Period: December |
2019 S1
|
2019 S2
|
2020 S1
|
2020 S2
|
2021 Q2
|
2021 S1
|
2021 S2
|
2022 S1
|
---|
Net sales
|
5,380
|
5,430
|
1,983
|
1,604
|
-
|
-
|
-
|
-
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
|
1,791
|
1,572
|
-
|
-
|
-
|
-
|
-
|
-
|
Operating Margin
|
33.3%
|
28.94%
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
1,290
|
1,129
|
-738
|
-
|
-369.1
|
-840.9
|
-1,276
|
-1,405
|
Net margin
|
23.98%
|
20.8%
|
-37.22%
|
-
|
-
|
-
|
-
|
-
|
EPS
|
0.2980
|
0.2520
|
-0.1610
|
-0.2790
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
8/29/19
|
3/26/20
|
8/26/20
|
3/24/21
|
8/25/21
|
8/25/21
|
3/24/22
|
8/30/22
|
Fiscal Period: December |
2018
|
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
---|
Net Debt
1 |
3,100
|
1,749
|
4,352
|
5,726
|
8,185
|
8,461
|
8,586
|
5,564
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
0.5728
x
|
0.3641
x
|
-4.842
x
|
-4.875
x
|
-4.084
x
|
11.59
x
|
5.064
x
|
1.976
x
|
Free Cash Flow
1 |
2,562
|
3,128
|
-2,092
|
-1,402
|
-1,981
|
-1,629
|
1,092
|
2,294
|
ROE (net income / shareholders' equity)
|
12.8%
|
10%
|
-8.62%
|
-9.98%
|
-19.2%
|
-8.4%
|
-1.42%
|
5.47%
|
ROA (Net income/ Total Assets)
|
8.79%
|
6.97%
|
-5.8%
|
-6%
|
-10.3%
|
-3.71%
|
-0.23%
|
2.73%
|
Assets
1 |
32,668
|
34,721
|
35,080
|
35,287
|
34,315
|
37,949
|
102,824
|
31,640
|
Book Value Per Share
2 |
5.410
|
5.450
|
4.860
|
4.410
|
3.630
|
3.330
|
3.230
|
3.470
|
Cash Flow per Share
2 |
1.080
|
0.9000
|
-0.2200
|
-0.1400
|
-0.3300
|
-0.1100
|
0.3400
|
0.5100
|
Capex
1 |
2,129
|
784
|
903
|
571
|
479
|
573
|
517
|
583
|
Capex / Sales
|
18.9%
|
7.25%
|
25.16%
|
17.06%
|
21.48%
|
12.25%
|
8.43%
|
7.8%
|
Announcement Date
|
3/27/19
|
3/26/20
|
3/24/21
|
3/24/22
|
3/30/23
|
3/27/24
|
-
|
-
|
Last Close Price
2.314
CNY Average target price
2.847
CNY Spread / Average Target +23.04% Consensus |
1st Jan change
|
Capi.
|
---|
| +9.17% | 1.46B | | +7.11% | 24.69B | | +3.02% | 5.37B | | -1.77% | 4.48B | | +5.47% | 4.26B | | +8.18% | 3.46B | | -9.81% | 3.31B | | 0.00% | 2.67B | | +13.27% | 2.25B | | +10.58% | 2.01B |
Airport Operators
|