Delayed
Hong Kong S.E.
11:29:42 2024-04-28 pm EDT
|
5-day change
|
1st Jan Change
|
32.1
HKD
|
+0.47%
|
|
+1.42%
|
+20.00%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
350,321
|
338,370
|
421,748
|
522,036
|
599,794
|
752,110
|
-
|
-
|
Enterprise Value (EV)
1 |
354,567
|
276,643
|
326,944
|
413,651
|
492,522
|
640,997
|
618,476
|
626,030
|
P/E ratio
|
6.94
x
|
6.82
x
|
5.74
x
|
5.43
x
|
7.47
x
|
9.9
x
|
9.92
x
|
10.4
x
|
Yield
|
8.66%
|
14.7%
|
17.1%
|
12.8%
|
9.3%
|
7.5%
|
7.28%
|
7.19%
|
Capitalization / Revenue
|
1.45
x
|
1.45
x
|
1.26
x
|
1.52
x
|
1.75
x
|
2.23
x
|
2.2
x
|
2.24
x
|
EV / Revenue
|
1.47
x
|
1.19
x
|
0.98
x
|
1.2
x
|
1.44
x
|
1.9
x
|
1.81
x
|
1.86
x
|
EV / EBITDA
|
4.08
x
|
3.5
x
|
3.31
x
|
3.4
x
|
4.25
x
|
6.28
x
|
5.7
x
|
5.73
x
|
EV / FCF
|
7.88
x
|
4.52
x
|
4.58
x
|
4.99
x
|
9.1
x
|
9.96
x
|
9.29
x
|
9.4
x
|
FCF Yield
|
12.7%
|
22.1%
|
21.8%
|
20%
|
11%
|
10%
|
10.8%
|
10.6%
|
Price to Book
|
0.81
x
|
0.67
x
|
0.78
x
|
1
x
|
1.18
x
|
1.39
x
|
1.31
x
|
1.24
x
|
Nbr of stocks (in thousands)
|
19,889,620
|
19,868,520
|
19,868,520
|
19,868,520
|
19,868,520
|
19,868,520
|
-
|
-
|
Reference price
2 |
14.55
|
12.29
|
14.89
|
19.92
|
24.31
|
29.58
|
29.58
|
29.58
|
Announcement Date
|
3/27/20
|
3/26/21
|
3/25/22
|
3/24/23
|
3/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
241,871
|
233,263
|
335,216
|
344,533
|
343,074
|
337,829
|
342,532
|
336,284
|
EBITDA
1 |
86,981
|
79,018
|
98,815
|
121,536
|
116,008
|
101,995
|
108,549
|
109,337
|
EBIT
1 |
66,629
|
59,033
|
78,242
|
100,513
|
91,367
|
81,042
|
87,057
|
86,015
|
Operating Margin
|
27.55%
|
25.31%
|
23.34%
|
29.17%
|
26.63%
|
23.99%
|
25.42%
|
25.58%
|
Earnings before Tax (EBT)
1 |
66,724
|
59,362
|
77,375
|
99,654
|
87,176
|
89,244
|
87,947
|
84,661
|
Net income
1 |
43,250
|
35,849
|
50,269
|
72,903
|
59,694
|
59,333
|
60,181
|
58,091
|
Net margin
|
17.88%
|
15.37%
|
15%
|
21.16%
|
17.4%
|
17.56%
|
17.57%
|
17.27%
|
EPS
2 |
2.097
|
1.803
|
2.597
|
3.669
|
3.253
|
2.986
|
2.981
|
2.842
|
Free Cash Flow
1 |
44,973
|
61,259
|
71,339
|
82,869
|
54,104
|
64,346
|
66,540
|
66,614
|
FCF margin
|
18.59%
|
26.26%
|
21.28%
|
24.05%
|
15.77%
|
19.05%
|
19.43%
|
19.81%
|
FCF Conversion (EBITDA)
|
51.7%
|
77.53%
|
72.19%
|
68.18%
|
46.64%
|
63.09%
|
61.3%
|
60.93%
|
FCF Conversion (Net income)
|
103.98%
|
170.88%
|
141.91%
|
113.67%
|
90.64%
|
108.45%
|
110.57%
|
114.67%
|
Dividend per Share
2 |
1.260
|
1.810
|
2.540
|
2.550
|
2.260
|
2.219
|
2.152
|
2.126
|
Announcement Date
|
3/27/20
|
3/26/21
|
3/25/22
|
3/24/23
|
3/22/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 Q4
|
2021 S2
|
2022 Q1
|
2022 Q2
|
2022 S1
|
2022 Q3
|
2022 Q4
|
2022 S2
|
2023 Q1
|
2023 Q2
|
2023 S1
|
2023 Q3
|
2023 Q4
|
2023 S2
|
2024 Q1
|
2024 Q2
|
2024 S1
|
2024 Q3
|
2024 Q4
|
2024 S2
|
2025 S1
|
2025 S2
|
---|
Net sales
1 |
125,506
|
105,016
|
128,247
|
143,979
|
102,267
|
191,237
|
83,902
|
81,677
|
165,579
|
84,910
|
94,044
|
178,954
|
87,042
|
82,400
|
169,442
|
83,025
|
90,607
|
173,632
|
87,647
|
79,811
|
179,903
|
83,281
|
93,691
|
174,358
|
182,128
|
175,778
|
EBITDA
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
16,447
|
-
|
19,917
|
30,328
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
37,406
|
19,209
|
42,766
|
27,682
|
26,526
|
54,208
|
26,357
|
-
|
46,305
|
25,107
|
22,997
|
48,104
|
21,439
|
21,824
|
43,263
|
23,344
|
10,365
|
56,099
|
13,835
|
24,245
|
44,470
|
56,707
|
44,199
|
Operating Margin
|
-
|
-
|
-
|
25.98%
|
18.78%
|
22.36%
|
32.99%
|
32.48%
|
32.74%
|
31.04%
|
-
|
25.88%
|
28.84%
|
27.91%
|
28.39%
|
25.82%
|
24.09%
|
24.92%
|
26.63%
|
12.99%
|
31.18%
|
16.61%
|
25.88%
|
25.51%
|
31.14%
|
25.14%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
|
-
|
20,370
|
-
|
-
|
10,330
|
-
|
19,796
|
27,839
|
42,475
|
20,298
|
-
|
30,428
|
-
|
16,184
|
36,861
|
-
|
-
|
-
|
17,760
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net margin
|
-
|
19.4%
|
-
|
-
|
10.1%
|
-
|
23.59%
|
34.08%
|
25.65%
|
23.91%
|
-
|
17%
|
-
|
19.64%
|
21.75%
|
-
|
-
|
-
|
20.26%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EPS
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/27/20
|
8/28/20
|
3/26/21
|
8/27/21
|
3/25/22
|
3/25/22
|
4/27/22
|
8/26/22
|
8/26/22
|
10/28/22
|
3/24/23
|
3/24/23
|
4/28/23
|
8/25/23
|
8/25/23
|
10/28/23
|
3/22/24
|
3/22/24
|
4/26/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
4,246
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
1 |
-
|
61,727
|
94,804
|
108,385
|
114,451
|
113,434
|
160,931
|
126,081
|
Leverage (Debt/EBITDA)
|
0.0488
x
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
44,973
|
61,259
|
71,339
|
82,869
|
52,603
|
64,347
|
66,540
|
66,615
|
ROE (net income / shareholders' equity)
|
12.1%
|
9.95%
|
13.9%
|
18.8%
|
16.1%
|
13.8%
|
13.4%
|
12%
|
ROA (Net income/ Total Assets)
|
7.22%
|
7.8%
|
10%
|
11.8%
|
10.3%
|
10.1%
|
9.32%
|
9.32%
|
Assets
1 |
598,715
|
459,603
|
502,690
|
617,775
|
626,211
|
586,492
|
645,834
|
623,067
|
Book Value Per Share
2 |
17.90
|
18.30
|
19.10
|
20.00
|
20.60
|
21.20
|
22.60
|
23.90
|
Cash Flow per Share
2 |
3.170
|
4.090
|
4.760
|
5.520
|
4.510
|
4.950
|
4.790
|
4.570
|
Capex
1 |
18,133
|
20,030
|
23,236
|
26,865
|
37,084
|
36,586
|
34,287
|
35,840
|
Capex / Sales
|
7.5%
|
8.59%
|
6.93%
|
7.8%
|
10.81%
|
10.83%
|
10.01%
|
10.66%
|
Announcement Date
|
3/27/20
|
3/26/21
|
3/25/22
|
3/24/23
|
3/22/24
|
-
|
-
|
-
|
Last Close Price
29.58
CNY Average target price
27.91
CNY Spread / Average Target -5.64% Consensus |
1st Jan change
|
Capi.
|
---|
| +18.50% | 104B | | -5.15% | 38.78B | | +21.22% | 33.68B | | +19.96% | 33.53B | | +8.89% | 20.45B | | +8.73% | 18.4B | | -4.70% | 8.62B | | +6.48% | 8.24B | | +7.46% | 6.64B | | +19.73% | 5.4B |
Other Coal
|