CHINA LESSO GROUP HOLDINGS LIMITED Financials China Lesso Group Holdings Limited
Equities
2128
KYG2157Q1029
Construction Supplies & Fixtures
|
Delayed
Other stock markets
|
5-day change | 1st Jan Change | ||
| 3.38 HKD | +3.05% |
|
+12.29% | -17.16% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 10,679 | 27,698 | 31,699 | 28,312 | 22,331 | 9,420 | 9,420 | - |
| Enterprise Value (EV) 1 | 15,958 | 33,622 | 40,463 | 37,825 | 35,005 | 11,505 | 22,299 | 21,256 |
| P/E ratio | 4.3 x | 9.11 x | 8.38 x | 9.22 x | 8.78 x | 4.82 x | 3.67 x | 2.96 x |
| Yield | 7.46% | 4.1% | 4.14% | 3.39% | 3.65% | 8.8% | 7.03% | 8.08% |
| Capitalization / Revenue | 0.45 x | 1.05 x | 1.13 x | 0.88 x | 0.73 x | 0.37 x | 0.29 x | 0.26 x |
| EV / Revenue | 0.67 x | 1.28 x | 1.44 x | 1.18 x | 1.14 x | 0.37 x | 0.68 x | 0.6 x |
| EV / EBITDA | 3.62 x | 6.05 x | 6.53 x | 6.61 x | 6.05 x | 2.05 x | 3.74 x | 3.29 x |
| EV / FCF | 5.15 x | 9.82 x | 53.7 x | 19.8 x | 27.7 x | -86.6 x | -31.1 x | 29.5 x |
| FCF Yield | 19.4% | 10.2% | 1.86% | 5.05% | 3.61% | -1.15% | -3.22% | 3.39% |
| Price to Book | 0.72 x | 1.67 x | 1.6 x | 1.36 x | 1.02 x | 0.39 x | 0.37 x | 0.34 x |
| Nbr of stocks (in thousands) | 3,102,418 | 3,102,418 | 3,102,418 | 3,102,418 | 3,102,418 | 3,102,418 | 3,102,418 | - |
| Reference price 2 | 3.442 | 8.928 | 10.22 | 9.126 | 7.198 | 3.036 | 3.036 | 3.036 |
| Announcement Date | 3/26/19 | 3/27/20 | 3/29/21 | 3/28/22 | 3/20/23 | 3/28/24 | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 23,734 | 26,345 | 28,073 | 32,058 | 30,767 | 30,868 | 32,620 | 35,571 |
| EBITDA 1 | 4,409 | 5,556 | 6,195 | 5,720 | 5,786 | 5,613 | 5,956 | 6,456 |
| EBIT 1 | 3,651 | 4,559 | 5,189 | 4,006 | 3,596 | 3,589 | 3,931 | 4,263 |
| Operating Margin | 15.38% | 17.31% | 18.48% | 12.5% | 11.69% | 11.63% | 12.05% | 11.98% |
| Earnings before Tax (EBT) 1 | 3,236 | 3,982 | 4,754 | 3,807 | 3,190 | 2,664 | 2,919 | 3,210 |
| Net income 1 | 2,492 | 3,025 | 3,751 | 3,044 | 2,517 | 2,368 | 2,593 | 2,908 |
| Net margin | 10.5% | 11.48% | 13.36% | 9.5% | 8.18% | 7.67% | 7.95% | 8.18% |
| EPS 2 | 0.8000 | 0.9800 | 1.220 | 0.9900 | 0.8200 | 0.7700 | 0.8270 | 1.025 |
| Free Cash Flow 1 | 3,100 | 3,424 | 753.2 | 1,912 | 1,262 | -263.3 | -718 | 721 |
| FCF margin | 13.06% | 13% | 2.68% | 5.96% | 4.1% | -0.82% | -2.2% | 2.03% |
| FCF Conversion (EBITDA) | 70.31% | 61.62% | 12.16% | 33.43% | 21.81% | - | - | 11.17% |
| FCF Conversion (Net income) | 124.4% | 113.19% | 20.08% | 62.81% | 50.14% | - | - | 24.79% |
| Dividend per Share 2 | 0.2566 | 0.3662 | 0.4226 | 0.3093 | 0.2631 | 0.2673 | 0.2134 | 0.2453 |
| Announcement Date | 3/26/19 | 3/27/20 | 3/29/21 | 3/28/22 | 3/20/23 | 3/28/24 | - | - |
1CNY in Million2CNY
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2019 S1 | 2019 S2 | 2020 S1 | 2021 Q1 | 2021 Q2 | 2021 Q3 | 2021 Q4 | 2022 Q1 | 2022 S1 |
|---|---|---|---|---|---|---|---|---|---|
| Net sales | 11,137 | 15,207 | 11,492 | - | - | - | - | - | 14,890 |
| EBITDA | 2,282 | 3,274 | - | - | - | - | - | - | - |
| EBIT | 1,852 | 2,707 | 1,966 | - | - | - | - | - | - |
| Operating Margin | 16.63% | 17.8% | 17.1% | - | - | - | - | - | - |
| Earnings before Tax (EBT) | 1,581 | - | - | - | - | - | - | - | - |
| Net income | 1,264 | 1,761 | - | - | - | - | - | - | - |
| Net margin | 11.35% | 11.58% | - | - | - | - | - | - | - |
| EPS 1 | - | - | - | 0.2900 | 0.2900 | 0.2000 | 0.2000 | 0.2100 | 0.4200 |
| Dividend per Share | - | - | - | - | - | - | - | - | - |
| Announcement Date | 8/26/19 | 3/27/20 | 8/25/20 | 9/20/22 | 8/27/21 | 4/25/22 | 3/28/22 | 9/20/22 | 8/29/22 |
1CNY
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | 5,279 | 5,925 | 8,764 | 9,513 | 12,674 | 13,383 | 12,880 | 11,836 |
| Net Cash position 1 | - | - | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 1.197 x | 1.066 x | 1.415 x | 1.663 x | 2.19 x | 2.044 x | 2.162 x | 1.833 x |
| Free Cash Flow 1 | 3,100 | 3,424 | 753 | 1,912 | 1,262 | -263 | -718 | 721 |
| ROE (net income / shareholders' equity) | 17.6% | 19.3% | 20.6% | 15% | 11.8% | 12.5% | 10.1% | 9.96% |
| ROA (Net income/ Total Assets) | 7.96% | 8.02% | 8.59% | 6.03% | 4.44% | 5.06% | 4.91% | 5.12% |
| Assets 1 | 31,305 | 37,711 | 43,656 | 50,505 | 56,718 | 56,565 | 52,805 | 56,836 |
| Book Value Per Share 2 | 4.770 | 5.340 | 6.400 | 6.700 | 7.020 | 7.830 | 8.190 | 8.880 |
| Cash Flow per Share 2 | 1.420 | 1.720 | 0.9200 | 1.680 | 1.480 | 2.010 | 1.450 | 1.750 |
| Capex 1 | 1,383 | 1,889 | 2,090 | 3,261 | 3,311 | 3,299 | 3,529 | 3,139 |
| Capex / Sales | 5.83% | 7.17% | 7.44% | 10.17% | 10.76% | 10.23% | 10.82% | 8.83% |
| Announcement Date | 3/26/19 | 3/27/20 | 3/29/21 | 3/28/22 | 3/20/23 | 3/28/24 | - | - |
1CNY in Million2CNY
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Year-on-year evolution of the Yield
Change in Enterprise Value/EBITDA
Trading Rating
Investor Rating
ESG Refinitiv
B
Sell
Buy
Mean consensus
BUY
Number of Analysts
8
Last Close Price
3.036
CNY
Average target price
4.53
CNY
Spread / Average Target
+49.20%
EPS Revisions
| 1st Jan change | Capi. | |
|---|---|---|
| -19.61% | 1.3B | |
| -8.07% | 18.04B | |
| +15.69% | 12.63B | |
| +6.93% | 6.57B | |
| +17.48% | 3.69B | |
| +15.35% | 2.61B | |
| +10.71% | 2.58B | |
| +1.78% | 2.22B | |
| +29.43% | 2.02B | |
| +112.45% | 1.04B |
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- Financials China Lesso Group Holdings Limited
