Market Closed -
Hong Kong S.E.
04:08:20 2024-04-26 am EDT
|
5-day change
|
1st Jan Change
|
23.75
HKD
|
+0.85%
|
|
+7.22%
|
-1.25%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
185,183
|
146,452
|
160,734
|
131,928
|
116,435
|
114,983
|
-
|
-
|
Enterprise Value (EV)
1 |
267,693
|
236,553
|
249,526
|
208,160
|
116,435
|
223,358
|
227,267
|
277,602
|
P/E ratio
|
10.9
x
|
14.3
x
|
12.2
x
|
14.3
x
|
12.6
x
|
10.7
x
|
10.2
x
|
9.08
x
|
Yield
|
4.71%
|
5.95%
|
5.42%
|
6.61%
|
-
|
7.58%
|
7.59%
|
7.63%
|
Capitalization / Revenue
|
7.66
x
|
5.85
x
|
6.83
x
|
5.16
x
|
4.22
x
|
3.89
x
|
3.62
x
|
3.88
x
|
EV / Revenue
|
11.1
x
|
9.45
x
|
10.6
x
|
8.15
x
|
4.22
x
|
7.55
x
|
7.16
x
|
9.37
x
|
EV / EBITDA
|
24.2
x
|
18.8
x
|
20
x
|
26.9
x
|
13.8
x
|
24.8
x
|
24.8
x
|
28.2
x
|
EV / FCF
|
84.3
x
|
52.5
x
|
-4.61
x
|
26.2
x
|
-
|
12.1
x
|
16.3
x
|
15.3
x
|
FCF Yield
|
1.19%
|
1.91%
|
-21.7%
|
3.82%
|
-
|
8.27%
|
6.13%
|
6.52%
|
Price to Book
|
0.58
x
|
0.45
x
|
0.48
x
|
0.4
x
|
-
|
0.35
x
|
0.34
x
|
0.34
x
|
Nbr of stocks (in thousands)
|
4,841,387
|
4,841,387
|
4,841,387
|
4,841,387
|
4,841,387
|
4,841,387
|
-
|
-
|
Reference price
2 |
38.25
|
30.25
|
33.20
|
27.25
|
24.05
|
23.75
|
23.75
|
23.75
|
Announcement Date
|
3/23/20
|
3/23/21
|
3/22/22
|
3/21/23
|
3/21/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
24,184
|
25,020
|
23,527
|
25,551
|
27,570
|
29,590
|
31,758
|
29,631
|
EBITDA
1 |
11,078
|
12,599
|
12,495
|
7,747
|
8,446
|
8,991
|
9,161
|
9,838
|
EBIT
1 |
10,701
|
12,171
|
11,990
|
7,207
|
7,907
|
8,312
|
9,073
|
9,001
|
Operating Margin
|
44.25%
|
48.65%
|
50.96%
|
28.21%
|
28.68%
|
28.09%
|
28.57%
|
30.38%
|
Earnings before Tax (EBT)
1 |
19,086
|
12,714
|
15,378
|
10,780
|
10,444
|
11,967
|
12,843
|
12,415
|
Net income
1 |
16,994
|
10,192
|
13,195
|
9,239
|
9,261
|
11,439
|
11,743
|
12,903
|
Net margin
|
70.27%
|
40.74%
|
56.08%
|
36.16%
|
33.59%
|
38.66%
|
36.98%
|
43.54%
|
EPS
2 |
3.510
|
2.110
|
2.730
|
1.910
|
1.910
|
2.227
|
2.329
|
2.616
|
Free Cash Flow
1 |
3,175
|
4,510
|
-54,165
|
7,945
|
-
|
18,480
|
13,925
|
18,099
|
FCF margin
|
13.13%
|
18.03%
|
-230.22%
|
31.09%
|
-
|
62.45%
|
43.85%
|
61.08%
|
FCF Conversion (EBITDA)
|
28.66%
|
35.8%
|
-
|
102.56%
|
-
|
205.53%
|
152%
|
183.97%
|
FCF Conversion (Net income)
|
18.68%
|
44.25%
|
-
|
85.99%
|
-
|
161.56%
|
118.58%
|
140.27%
|
Dividend per Share
2 |
1.800
|
1.800
|
1.800
|
1.800
|
-
|
1.800
|
1.803
|
1.813
|
Announcement Date
|
3/23/20
|
3/23/21
|
3/22/22
|
3/21/23
|
3/21/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019 S2
|
2020 S1
|
2020 S2
|
2021 S1
|
2021 S2
|
2022 S1
|
2022 S2
|
2023 S1
|
2023 S2
|
2024 S1
|
2024 S2
|
---|
Net sales
1 |
16,055
|
10,943
|
14,077
|
8,792
|
14,735
|
9,506
|
16,045
|
10,278
|
17,292
|
13,259
|
17,683
|
EBITDA
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
EBIT
1 |
-
|
-
|
-
|
5,793
|
6,197
|
3,442
|
3,765
|
4,568
|
3,339
|
4,475
|
6,130
|
Operating Margin
|
-
|
-
|
-
|
65.89%
|
42.06%
|
36.21%
|
23.47%
|
44.44%
|
19.31%
|
33.75%
|
34.67%
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
4,205
|
-
|
-
|
Net income
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
3,304
|
-
|
-
|
Net margin
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
19.11%
|
-
|
-
|
EPS
2 |
1.960
|
0.5900
|
1.520
|
1.350
|
1.380
|
0.9900
|
0.9200
|
1.230
|
0.6800
|
1.290
|
1.470
|
Dividend per Share
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Announcement Date
|
3/23/20
|
8/20/20
|
3/23/21
|
8/23/21
|
3/22/22
|
8/23/22
|
3/21/23
|
8/22/23
|
3/21/24
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
82,510
|
90,101
|
88,792
|
76,232
|
-
|
108,375
|
112,284
|
162,619
|
Net Cash position
1 |
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
7.448
x
|
7.151
x
|
7.106
x
|
9.84
x
|
-
|
12.05
x
|
12.26
x
|
16.53
x
|
Free Cash Flow
1 |
3,175
|
4,510
|
-54,165
|
7,945
|
-
|
18,480
|
13,925
|
18,099
|
ROE (net income / shareholders' equity)
|
5.36%
|
3.14%
|
3.98%
|
2.79%
|
-
|
3.16%
|
3.27%
|
3.54%
|
ROA (Net income/ Total Assets)
|
3.79%
|
2.22%
|
2.61%
|
1.71%
|
-
|
1.78%
|
1.9%
|
2.21%
|
Assets
1 |
448,178
|
458,170
|
505,691
|
539,977
|
-
|
644,263
|
617,166
|
584,710
|
Book Value Per Share
2 |
66.30
|
67.70
|
69.20
|
67.70
|
-
|
68.00
|
69.70
|
68.90
|
Cash Flow per Share
2 |
1.390
|
1.460
|
0.1400
|
2.300
|
-
|
0.0700
|
0.0600
|
1.050
|
Capex
1 |
3,569
|
2,562
|
54,850
|
3,186
|
-
|
5,865
|
10,737
|
13,127
|
Capex / Sales
|
14.76%
|
10.24%
|
233.14%
|
12.47%
|
-
|
19.82%
|
33.81%
|
44.3%
|
Announcement Date
|
3/23/20
|
3/23/21
|
3/22/22
|
3/21/23
|
3/21/24
|
-
|
-
|
-
|
Last Close Price
23.75
HKD Average target price
25.53
HKD Spread / Average Target +7.49% Consensus |