Financials China United Venture Investment Limited

Equities

8159

BMG394081100

Computer Hardware

Delayed Hong Kong S.E. 04:08:26 2023-03-31 am EDT 5-day change 1st Jan Change
0.123 HKD -13.38% Intraday chart for China United Venture Investment Limited -.--% -.--%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021
Capitalization 1 358.4 192 127.4 68.29 88.7
Enterprise Value (EV) 1 296.8 128.4 48.3 13.1 77.3
P/E ratio 21.1 x 7.85 x 10.4 x -14.4 x 1.77 x
Yield 2.68% 1% - - -
Capitalization / Revenue 0.95 x 0.49 x 0.37 x 0.23 x 0.26 x
EV / Revenue 0.79 x 0.33 x 0.14 x 0.04 x 0.23 x
EV / EBITDA 15.5 x 4.34 x 2.51 x -5.07 x -1.49 x
EV / FCF 17.8 x 46 x 3.74 x -0.49 x -0.63 x
FCF Yield 5.61% 2.18% 26.7% -205% -159%
Price to Book 3.39 x 1.6 x 0.98 x 0.51 x 0.51 x
Nbr of stocks (in thousands) 640,000 640,000 640,000 704,000 704,000
Reference price 2 0.5600 0.3000 0.1990 0.0970 0.1260
Announcement Date 3/27/18 3/28/19 5/28/20 3/30/21 6/26/22
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021
Net sales 1 377.1 388.8 348 292.7 339.3
EBITDA 1 19.18 29.59 19.28 -2.584 -51.76
EBIT 1 12.47 21.99 12.64 -8.423 -56.76
Operating Margin 3.31% 5.66% 3.63% -2.88% -16.73%
Earnings before Tax (EBT) 1 19.68 28.1 15.55 -2.321 -53.43
Net income 1 17 24.46 12.26 -4.576 49.99
Net margin 4.51% 6.29% 3.52% -1.56% 14.73%
EPS 2 0.0266 0.0382 0.0191 -0.006746 0.0710
Free Cash Flow 1 16.65 2.793 12.92 -26.87 -122.7
FCF margin 4.42% 0.72% 3.71% -9.18% -36.18%
FCF Conversion (EBITDA) 86.8% 9.44% 67% - -
FCF Conversion (Net income) 97.92% 11.42% 105.4% - -
Dividend per Share 2 0.0150 0.003000 - - -
Announcement Date 3/27/18 3/28/19 5/28/20 3/30/21 6/26/22
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021
Net Debt 1 - - - - -
Net Cash position 1 61.6 63.6 79.1 55.2 11.4
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1 16.7 2.79 12.9 -26.9 -123
ROE (net income / shareholders' equity) 17.1% 21.5% 9.49% -3.9% -36.9%
ROA (Net income/ Total Assets) 3.17% 5.09% 2.97% -2.05% -10.5%
Assets 1 537.3 480.1 412.2 223.6 -475.7
Book Value Per Share 2 0.1700 0.1900 0.2000 0.1900 0.2500
Cash Flow per Share 2 0.1000 0.1000 0.1200 0.0800 0.1200
Capex 1 7.54 3.96 3.98 5.07 4.17
Capex / Sales 2% 1.02% 1.14% 1.73% 1.23%
Announcement Date 3/27/18 3/28/19 5/28/20 3/30/21 6/26/22
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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