GLORIOUS SUN ENTERPRISES LIMITED Financials Glorious Sun Enterprises Limited
Equities
393
BMG3939X1002
Home Improvement Products & Services Retailers
|
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.85 HKD | +1.19% |
|
+2.41% | +2.41% |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 1,330 | 1,330 | 1,253 | 1,238 | 1,146 | 1,260 |
| Enterprise Value (EV) 1 | 684.4 | -67.72 | -551.3 | -1,121 | -1,005 | -461.3 |
| P/E ratio | 12.4 x | 12.1 x | 13.9 x | 33.8 x | 29.2 x | 29 x |
| Yield | 6.74% | 6.9% | 7.32% | 7.41% | 8% | 8.19% |
| Capitalization / Revenue | 1.05 x | 1.1 x | 1.77 x | 1.24 x | 1.08 x | 1.53 x |
| EV / Revenue | 0.54 x | -0.06 x | -0.78 x | -1.12 x | -0.95 x | -0.56 x |
| EV / EBITDA | 6.37 x | -0.67 x | -14.1 x | -22.3 x | -25.1 x | -8.75 x |
| EV / FCF | -5.61 x | -0.8 x | -4.18 x | 196 x | -44.7 x | -8.08 x |
| FCF Yield | -17.8% | -124% | -23.9% | 0.51% | -2.23% | -12.4% |
| Price to Book | 0.54 x | 0.53 x | 0.49 x | 0.5 x | 0.47 x | 0.53 x |
| Nbr of stocks (in thousands) | 1,528,560 | 1,528,336 | 1,528,336 | 1,528,036 | 1,527,984 | 1,517,672 |
| Reference price 2 | 0.8700 | 0.8700 | 0.8200 | 0.8100 | 0.7500 | 0.8300 |
| Announcement Date | 4/16/19 | 4/14/20 | 4/14/21 | 4/19/22 | 4/20/23 | 4/18/24 |
1HKD in Million2HKD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 1,271 | 1,212 | 707.5 | 997.8 | 1,061 | 821.2 |
| EBITDA 1 | 107.5 | 100.4 | 39.21 | 50.18 | 40 | 52.72 |
| EBIT 1 | 76.31 | 98.45 | 37.36 | 47.68 | 36.98 | 49.23 |
| Operating Margin | 6% | 8.12% | 5.28% | 4.78% | 3.49% | 5.99% |
| Earnings before Tax (EBT) 1 | 91.32 | 124.5 | 102.7 | 49.57 | 44.56 | 51.85 |
| Net income 1 | 107.4 | 110.4 | 90.02 | 37 | 39.23 | 43.61 |
| Net margin | 8.45% | 9.11% | 12.72% | 3.71% | 3.7% | 5.31% |
| EPS 2 | 0.0700 | 0.0722 | 0.0589 | 0.0240 | 0.0257 | 0.0286 |
| Free Cash Flow 1 | -122 | 84.13 | 131.9 | -5.73 | 22.45 | 57.09 |
| FCF margin | -9.6% | 6.94% | 18.64% | -0.57% | 2.12% | 6.95% |
| FCF Conversion (EBITDA) | - | 83.79% | 336.38% | - | 56.12% | 108.28% |
| FCF Conversion (Net income) | - | 76.22% | 146.54% | - | 57.23% | 130.9% |
| Dividend per Share 2 | 0.0586 | 0.0600 | 0.0600 | 0.0600 | 0.0600 | 0.0680 |
| Announcement Date | 4/16/19 | 4/14/20 | 4/14/21 | 4/19/22 | 4/20/23 | 4/18/24 |
1HKD in Million2HKD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 645 | 1,397 | 1,804 | 2,359 | 2,151 | 1,721 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | -122 | 84.1 | 132 | -5.73 | 22.5 | 57.1 |
| ROE (net income / shareholders' equity) | 3.31% | 4.51% | 3.82% | 1.7% | 1.85% | 1.84% |
| ROA (Net income/ Total Assets) | 1.18% | 1.94% | 0.76% | 0.92% | 0.72% | 1% |
| Assets 1 | 9,070 | 5,705 | 11,873 | 4,000 | 5,444 | 4,373 |
| Book Value Per Share 2 | 1.600 | 1.650 | 1.690 | 1.610 | 1.590 | 1.570 |
| Cash Flow per Share 2 | 0.6900 | 0.4800 | 1.120 | 1.160 | 1.420 | 1.120 |
| Capex 1 | 23.8 | 1.89 | 2.51 | 5.12 | 2.79 | 3.88 |
| Capex / Sales | 1.87% | 0.16% | 0.35% | 0.51% | 0.26% | 0.47% |
| Announcement Date | 4/16/19 | 4/14/20 | 4/14/21 | 4/19/22 | 4/20/23 | 4/18/24 |
1HKD in Million2HKD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +2.41% | 165M | |
| -15.89% | 932M | |
| -26.14% | 297M | |
| -23.42% | 291M | |
| -40.63% | 228M | |
| -44.80% | 155M | |
| +8.29% | 127M | |
| -21.10% | 75.5M | |
| +3.43% | 70.88M | |
| +8.42% | 57.54M |
- Stock Market
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- Financials Glorious Sun Enterprises Limited
