Financials K & P International Holdings Limited

Equities

675

BMG5313X1011

Electrical Components & Equipment

Delayed Hong Kong S.E. 04:08:20 2024-04-26 am EDT 5-day change 1st Jan Change
0.495 HKD 0.00% Intraday chart for K & P International Holdings Limited 0.00% +23.75%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 309.7 152.2 129.5 173.6 229.6 146.9
Enterprise Value (EV) 1 299.9 139.8 87.88 77.57 126.7 59.28
P/E ratio 37.4 x 124 x 7.77 x 2.59 x 3.63 x -292 x
Yield - - 6.19% 15.4% 14% 14.5%
Capitalization / Revenue 0.73 x 0.33 x 0.38 x 0.51 x 0.55 x 0.54 x
EV / Revenue 0.71 x 0.3 x 0.26 x 0.23 x 0.3 x 0.22 x
EV / EBITDA 15.2 x 7.5 x 3.49 x 1.41 x 2.01 x 2.67 x
EV / FCF 19.5 x 205 x 3.81 x 2.59 x -44.5 x 1.51 x
FCF Yield 5.13% 0.49% 26.2% 38.6% -2.25% 66%
Price to Book 1.16 x 0.56 x 0.45 x 0.5 x 0.58 x 0.42 x
Nbr of stocks (in thousands) 267,005 267,005 267,005 267,005 267,005 267,005
Reference price 2 1.160 0.5700 0.4850 0.6500 0.8600 0.5500
Announcement Date 4/26/18 4/26/19 4/23/20 4/26/21 4/26/22 4/25/23
1HKD in Million2HKD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 422.9 463.7 341.4 341.8 418.2 272.1
EBITDA 1 19.74 18.64 25.16 55.11 63.1 22.21
EBIT 1 5.798 3.556 18.09 46.57 53.51 12.48
Operating Margin 1.37% 0.77% 5.3% 13.63% 12.79% 4.59%
Earnings before Tax (EBT) 1 9.146 5.109 23.29 77.61 72.63 1.306
Net income 1 8.292 1.225 16.66 66.91 63.3 -0.503
Net margin 1.96% 0.26% 4.88% 19.58% 15.14% -0.18%
EPS 2 0.0311 0.004586 0.0624 0.2506 0.2371 -0.001883
Free Cash Flow 1 15.39 0.681 23.05 29.93 -2.846 39.15
FCF margin 3.64% 0.15% 6.75% 8.76% -0.68% 14.39%
FCF Conversion (EBITDA) 77.95% 3.65% 91.61% 54.32% - 176.3%
FCF Conversion (Net income) 185.55% 55.61% 138.36% 44.74% - -
Dividend per Share - - 0.0300 0.1000 0.1200 0.0800
Announcement Date 4/26/18 4/26/19 4/23/20 4/26/21 4/26/22 4/25/23
1HKD in Million2HKD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 9.84 12.4 41.6 96 103 87.6
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 15.4 0.68 23 29.9 -2.85 39.2
ROE (net income / shareholders' equity) 3.32% 0.45% 6.27% 21% 17% -0.14%
ROA (Net income/ Total Assets) 0.9% 0.52% 2.74% 6.56% 6.57% 1.61%
Assets 1 924.7 235.5 609.1 1,021 963.2 -31.21
Book Value Per Share 2 1.000 1.020 1.070 1.310 1.480 1.310
Cash Flow per Share 2 0.1600 0.1600 0.1900 0.3200 0.3500 0.3400
Capex 1 5.06 3.61 6.36 2.55 4.03 1.23
Capex / Sales 1.2% 0.78% 1.86% 0.75% 0.96% 0.45%
Announcement Date 4/26/18 4/26/19 4/23/20 4/26/21 4/26/22 4/25/23
1HKD in Million2HKD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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