Financials Hong Kong Technology Venture Company Limited

Equities

1137

HK0000065349

Internet Services

Market Closed - Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
1.55 HKD 0.00% Intraday chart for Hong Kong Technology Venture Company Limited +1.97% -41.51%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 2,702 2,280 2,807 10,407 7,795 4,957
Enterprise Value (EV) 1 2,621 2,228 3,172 9,744 7,517 4,804
P/E ratio -13.2 x -17.1 x -9.64 x 57.1 x 527 x 24.4 x
Yield - - - - 0.94% 1.49%
Capitalization / Revenue 5.55 x 2.54 x 1.99 x 3.62 x 2.49 x 1.29 x
EV / Revenue 5.38 x 2.49 x 2.24 x 3.39 x 2.4 x 1.25 x
EV / EBITDA -8.45 x -7.7 x -12.5 x 53.8 x 148 x 18.8 x
EV / FCF -10.1 x -9.62 x -13.8 x 24.9 x 139 x 22.7 x
FCF Yield -9.88% -10.4% -7.25% 4.01% 0.72% 4.4%
Price to Book 1.45 x 1.33 x 1.93 x 4.96 x 3.78 x 2.24 x
Nbr of stocks (in thousands) 809,017 814,217 820,734 911,274 917,007 923,090
Reference price 2 3.340 2.800 3.420 11.42 8.500 5.370
Announcement Date 4/17/18 4/17/19 4/16/20 4/20/21 4/25/22 4/30/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 487.3 896.4 1,414 2,878 3,130 3,828
EBITDA 1 -310.1 -289.5 -253.3 181 50.83 255.2
EBIT 1 -372 -380.9 -332.6 83.53 -46.78 155.3
Operating Margin -76.34% -42.5% -23.52% 2.9% -1.49% 4.06%
Earnings before Tax (EBT) 1 -203.8 -132.8 -290 184.1 6.1 142.4
Net income 1 -204.9 -133.1 -289.9 183.6 14.78 212.2
Net margin -42.06% -14.85% -20.5% 6.38% 0.47% 5.54%
EPS 2 -0.2533 -0.1639 -0.3546 0.2000 0.0161 0.2200
Free Cash Flow 1 -259 -231.5 -229.8 391.2 54.12 211.3
FCF margin -53.15% -25.83% -16.25% 13.59% 1.73% 5.52%
FCF Conversion (EBITDA) - - - 216.07% 106.48% 82.78%
FCF Conversion (Net income) - - - 213.09% 366.2% 99.56%
Dividend per Share - - - - 0.0800 0.0800
Announcement Date 4/17/18 4/17/19 4/16/20 4/20/21 4/25/22 4/30/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - 365 - - -
Net Cash position 1 81.6 51.8 - 662 278 153
Leverage (Debt/EBITDA) - - -1.441 x - - -
Free Cash Flow 1 -259 -232 -230 391 54.1 211
ROE (net income / shareholders' equity) -10.6% -7.45% -18.3% 10.3% 0.69% 9.94%
ROA (Net income/ Total Assets) -9.98% -10.7% -9.18% 1.93% -0.93% 2.82%
Assets 1 2,053 1,248 3,159 9,515 -1,584 7,516
Book Value Per Share 2 2.300 2.100 1.770 2.300 2.250 2.390
Cash Flow per Share 2 0.1200 0.1300 0.1800 1.030 0.6800 0.7600
Capex 1 189 140 140 88.4 151 276
Capex / Sales 38.89% 15.63% 9.9% 3.07% 4.82% 7.22%
Announcement Date 4/17/18 4/17/19 4/16/20 4/20/21 4/25/22 4/30/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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