Financials Cheuk Nang (Holdings) Limited

Equities

131

HK0131037993

Real Estate Development & Operations

Market Closed - Hong Kong S.E. 04:09:00 2024-05-03 am EDT 5-day change 1st Jan Change
1.69 HKD +1.20% Intraday chart for Cheuk Nang (Holdings) Limited +1.20% -0.59%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 2,564 2,365 2,271 1,808 1,462 1,240
Enterprise Value (EV) 1 3,416 3,093 2,264 1,026 2,318 2,149
P/E ratio 4.09 x 4.01 x 45.5 x 12 x -9.74 x 63.3 x
Yield 5% 5.67% 3.52% 1.81% 1.56% 2.5%
Capitalization / Revenue 37.5 x 11.7 x 4.11 x 1.82 x 25.8 x 27.5 x
EV / Revenue 50 x 15.3 x 4.09 x 1.03 x 40.9 x 47.6 x
EV / EBITDA -34.9 x 39 x 8.64 x 1.69 x -43.1 x -52 x
EV / FCF 1,146 x 9.09 x 3.51 x 1.98 x -1.66 x 74.8 x
FCF Yield 0.09% 11% 28.5% 50.5% -60.3% 1.34%
Price to Book 0.4 x 0.36 x 0.35 x 0.26 x 0.22 x 0.19 x
Nbr of stocks (in thousands) 569,711 595,634 639,614 652,677 652,677 652,677
Reference price 2 4.500 3.970 3.550 2.770 2.240 1.900
Announcement Date 10/16/18 10/17/19 10/21/20 10/21/21 10/24/22 10/20/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 68.35 201.5 552.9 994.6 56.74 45.16
EBITDA 1 -97.96 79.22 262 605.2 -53.79 -41.3
EBIT 1 -99.79 77.35 261.3 604.6 -54.36 -41.88
Operating Margin -146% 38.38% 47.26% 60.79% -95.81% -92.76%
Earnings before Tax (EBT) 1 1,049 768.1 277.4 553 57.24 89.19
Net income 1 606.6 572.9 47.7 148.7 -149.2 21.2
Net margin 887.52% 284.26% 8.63% 14.95% -262.94% 46.95%
EPS 2 1.100 0.9890 0.0780 0.2300 -0.2300 0.0300
Free Cash Flow 1 2.98 340.3 645.6 518.2 -1,397 28.74
FCF margin 4.36% 168.85% 116.77% 52.1% -2,462.66% 63.64%
FCF Conversion (EBITDA) - 429.56% 246.42% 85.63% - -
FCF Conversion (Net income) 0.49% 59.4% 1,353.54% 348.48% - 135.54%
Dividend per Share 2 0.2250 0.2250 0.1250 0.0500 0.0350 0.0475
Announcement Date 10/16/18 10/17/19 10/21/20 10/21/21 10/24/22 10/20/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 852 729 - - 856 909
Net Cash position 1 - - 7.09 782 - -
Leverage (Debt/EBITDA) -8.701 x 9.198 x - - -15.92 x -22.02 x
Free Cash Flow 1 2.98 340 646 518 -1,397 28.7
ROE (net income / shareholders' equity) 9.94% 9% 0.49% 2.17% -2.14% 0.78%
ROA (Net income/ Total Assets) -0.66% 0.46% 1.5% 3.44% -0.34% -0.28%
Assets 1 -92,205 123,284 3,182 4,322 44,454 -7,553
Book Value Per Share 2 11.20 11.10 10.20 10.50 10.30 10.10
Cash Flow per Share 2 1.270 1.000 1.930 3.050 0.5600 0.5000
Capex - - - - - -
Capex / Sales - - - - - -
Announcement Date 10/16/18 10/17/19 10/21/20 10/21/21 10/24/22 10/20/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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